Industry News: October 4–8 

Every week we highlight cloud computing and technology news of interest. This week we’re covering cybersecurity’s new rank among global threats, a dip in cloud infrastructure spending, bold remarks made by VMware’s CEO, rethinking IT investments, and Navisite’s Stratus Award wins.

Let’s get started… 

The world has changed over the past 18 months, and that includes the challenges and threats we’re facing today. According to a new study, cybersecurity is now the number two global threat behind climate change. But is the world prepared to face these new and emerging threats? Explore the findings in SC Media here.

A new report from analyst firm IDC shows that spending on compute and storage for cloud infrastructure has dropped slightly after six straight quarters of growth. What’s behind the dip in spending? Find out in Channel Partner Insight here.

At this year’s VMworld conference, VMware unveiled a number of new products, services and channel partner incentives, with CEO Raghu Raghuram declaring during his keynote address, “We are a force to be reckoned with.” What else did Raghuram cover during his keynote address? CRN is breaking down the top five boldest remarks here.

Digital transformation is a key part of business evolution. And according to a new report, a vast majority of IT decision-makers (87%) agree that rethinking IT investments needs to take place to fully realize the possibilities of emerging technologies. Learn more in Help Net Security here.

The winners of the 2021 Stratus Awards for Cloud Computing were recently announced, and Navisite was honored with two of this year’s awards, including Top Cloud Integrator and Top Managed Service Provider (which the company also won last year). Read more about the Stratus Awards honorees from the Business Intelligence Group here.