{"id":27017,"date":"2021-07-30T16:41:45","date_gmt":"2021-07-30T16:41:45","guid":{"rendered":"https:\/\/www.navisite.com\/?p=27017"},"modified":"2021-10-27T16:33:02","modified_gmt":"2021-10-27T16:33:02","slug":"industry-news-july%e2%80%af26-30%e2%80%af-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches","status":"publish","type":"post","link":"https:\/\/www.navisite.com\/blog\/news\/industry-news-july%e2%80%af26-30%e2%80%af-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/","title":{"rendered":"Industry News: July\u202f26-30\u202f"},"content":{"rendered":"\n<p>Every week we highlight cloud computing and technology news of interest. This week we\u2019re covering Google Cloud\u2019s strong second-quarter earnings, how Microsoft smashed earnings expectations, how the cybersecurity skills gap is negatively impacting organizations, the top causes of cloud misconfiguration leading to security risks, and one expert\u2019s take on the commoditization of public cloud.<\/p>\n\n\n\n<p>Let\u2019s get started\u2026<\/p>\n\n\n\n<p>Several top cloud providers reported <strong>strong earnings<\/strong> this week, including Google, which saw <strong>Google Cloud revenue jump 54%<\/strong> in the second quarter. On top of that, <strong>revenue grew to $4.63 billion, <\/strong>up from $3 billion during the same period last year. What does Google credit with driving momentum? Find out in CRN <a href=\"https:\/\/www.crn.com\/news\/cloud\/alphabet-earnings-google-cloud-revenue-climbs-54-percent-to-4-63b\">here<\/a>.<\/p>\n\n\n\n<p><strong>Microsoft <\/strong>reported strong earnings of its own, shattering estimates set by industry analysts. And the tech giant reported that<strong> Azure sales have grown 51% year-over-year<\/strong>, with no signs of slowing down. Dive into the rest of their earnings results in Silicon Angle <a href=\"https:\/\/siliconangle.com\/2021\/07\/27\/microsoft-blows-past-earnings-estimates-continuing-strong-cloud-growth\/\">here<\/a>.<\/p>\n\n\n\n<p>For years, organizations have had a difficult time hiring and retaining qualified <strong>cybersecurity professionals <\/strong>due to a substantial <strong>skills crisis<\/strong>. According to a new study, that issue remains a problem today, and it<strong> has impacted 57% of organizations<\/strong>. They say the skills shortage has led to everything from increased workloads for cybersecurity teams, to high burnout among staff and more. Explore the findings in VMblog <a href=\"https:\/\/vmblog.com\/archive\/2021\/07\/28\/cybersecurity-skills-crisis-continues-for-fifth-year-perpetuated-by-lack-of-business-investment.aspx#.YQLtZ1NKhmp\">here<\/a>.<\/p>\n\n\n\n<p><strong>Cloud adoption <\/strong>rates are picking up, but are organizations addressing the associated <strong>security risks<\/strong>? A survey of cloud professionals found that <strong>36% of organizations suffered a serious cloud security data leak or a breach<\/strong> in the last year. What are the leading causes of cloud misconfiguration? Learn more in Help Net Security <a href=\"https:\/\/www.helpnetsecurity.com\/2021\/07\/27\/cloud-security-data-leak\/\">here<\/a>.<\/p>\n\n\n\n<p>When it comes to the evolution of <strong>multicloud<\/strong>, many wonder how cloud providers will evolve over the next few years. According to one industry expert, <strong>commoditization of public clouds will lead to even more growth<\/strong>. Read what he has to say in InfoWorld <a href=\"https:\/\/www.infoworld.com\/article\/3626912\/the-evolution-of-public-clouds-will-benefit-enterprises.html\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":114,"featured_media":22350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[475],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.7 (Yoast SEO v21.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Industry News: July\u202f26-30\u202f - Navisite<\/title>\n<meta name=\"description\" content=\"Every week we highlight cloud computing and technology news of interest. This week we\u2019re covering Google Cloud\u2019s strong second-quarter earnings, how\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.navisite.com\/blog\/news\/industry-news-july\u202f26-30\u202f-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industry News: July\u202f26-30\u202f\" \/>\n<meta property=\"og:description\" content=\"Every week we highlight cloud computing and technology news of interest. This week we\u2019re covering Google Cloud\u2019s strong second-quarter earnings, how\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.navisite.com\/blog\/news\/industry-news-july\u202f26-30\u202f-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/\" \/>\n<meta property=\"og:site_name\" content=\"Navisite\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-30T16:41:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-27T16:33:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.navisite.com\/wp-content\/uploads\/2020\/12\/Cloud_121520.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Megan Ferringer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@navisite\" \/>\n<meta name=\"twitter:site\" content=\"@navisite\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Megan Ferringer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.navisite.com\/blog\/news\/industry-news-july%e2%80%af26-30%e2%80%af-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.navisite.com\/blog\/news\/industry-news-july%e2%80%af26-30%e2%80%af-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/\"},\"author\":{\"name\":\"Megan Ferringer\",\"@id\":\"https:\/\/www.navisite.com\/#\/schema\/person\/99bad6e33cc6d3ac27337400026e4a9f\"},\"headline\":\"Industry News: July\u202f26-30\u202f\",\"datePublished\":\"2021-07-30T16:41:45+00:00\",\"dateModified\":\"2021-10-27T16:33:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.navisite.com\/blog\/news\/industry-news-july%e2%80%af26-30%e2%80%af-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/\"},\"wordCount\":318,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.navisite.com\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.navisite.com\/blog\/news\/industry-news-july%e2%80%af26-30%e2%80%af-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/\",\"url\":\"https:\/\/www.navisite.com\/blog\/news\/industry-news-july%e2%80%af26-30%e2%80%af-google-and-microsofts-cloud-earnings-the-cybersecurity-skills-shortage-cloud-data-breaches\/\",\"name\":\"Industry News: July\u202f26-30\u202f - Navisite\",\"isPartOf\":{\"@id\":\"https:\/\/www.navisite.com\/#website\"},\"datePublished\":\"2021-07-30T16:41:45+00:00\",\"dateModified\":\"2021-10-27T16:33:02+00:00\",\"description\":\"Every week we highlight cloud computing and technology news of interest. 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