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BOS14 Jason McGee & Briana Frank VTT


 

>>from >>around the globe, it's the cube with digital coverage of IBM Think >>2021 >>brought to you by IBM. >>Hey, welcome to the cubes coverage of IBM Think 2021. I'm lisa martin, I have to IBM alumni with me here today please welcome Brianna frank the director of product management at IBM and Jason McGee is here as well. IBM fellow VP and Cto of the IBM cloud platform, Brianna and Jason welcome back to the cube. >>Thank you so much for having us, >>you guys were here a couple months ago, but I know there's been a whole bunch of things going on. So Brianna, we'll start with you, what's new, what's new with IBM cloud? >>We are, it's just, it's been such a rush of announcements lately, but one of my favorite announcements uh, is the IBM cloud satellite product. We went g a back in March and you know, this has been one of the most fun projects to work on as a product manager because you know, it's all about our clients coming to us and saying, hey look, we're having these are the problems that we're really facing with as we, as we move to cloud in our journey to cloud and can you help us solve them? And I think this has been just an exciting place to be in terms of distributed cloud, this new category that's really emerging where we've taken the IBM cloud, but we've distributed into lots of different locations on prem at the edge and on other public clouds. And it's been a really fun journey and it's such a great fulfilling thing to see it come to life and see clients using it and getting feedback from analysts and um in the industry. So it's been a, it's been a great, you know, a few months. >>That's good. Lots of excitement going on. Jason talk to me a little bit about kind of unpack uh, the cloud satellite from, you see what flashing in Jason's background is an IBM cloud satellite. Me, I'm sorry, I love that. You talk to me a little bit about the genesis of it. What were some of the things that customers were asking for? >>Yeah, absolutely. I mean, so, so look, I think as we've talked about a lot of IBM, you know, as as people have gone on their journey to cloud and been moving workloads in the cloud over the last few years, um, you know, not all workloads have moved right. Maybe 20 of workloads have moved to the cloud and that remaining 80% sometimes that thing that's inhibiting that is regulation compliance data late and see where my data lives. And so people have been kind of struggling with, how do I get the kind of benefits and speed and agility to public cloud, But apply it to all these applications that maybe need to live in my data center or need to live on the edge of the network close to my users or need to live where the data is being generated or in a certain country. And so the genesis of satellite was really to take our hybrid strategy and combine it with the public cloud consumption model and really allow you to have public cloud anywhere you needed it, bring those public cloud services into your data center or bring them to the edge of the network where your data is being generated and let you get the best of both. And we think that really will unlock, you know, the next wave of applications to be able to get the advantages of as a service kind of public consumption um, while retaining the flexibility to run wherever you need, >>curious station, did you see any particular industries in the last year of, I don't want to say mayhem, but you know, mayhem taking really the lead and the edge in wanting to work with you guys to understand how to really facilitate digital business transformation, because we saw a lot of acceleration going on last year. >>Yeah, absolutely. I mean, it's interesting. Cloud is fundamentally pretty horizontal technology. It applies to lots of industries, but I think the past year, especially, um, with, you know, Covid and lockdowns and changes in how we all work have accelerated massively, um, clients adoption of cloud. Um, and they've they've been looking for ways to apply those benefits across more of what they do. All right. And, and I think there's different drivers, you know, there's, you know, security compliance drivers, maybe in, in places like the financial services industry, but there's also the industries like manufacturing and retail that have, you know, they have a geographic footprint, like where things run matters to them. And so they're like, well, how do I get that kind of remote cloud benefit in all those places too. And so I've seen some acceleration in those areas. >>And one of the interesting things that I thought has emerged from an industry focus is this concept of RFs file control. So we have specific control and compliance built into the IBM cloud and one of the most prevalent questions I get from clients, you know, when can I get this FSL controls in satellite, you know, in all of these different locations. And so we built that in that's coming later this year. But I was really surprised to hear every industry and I guess it shouldn't be surprised. I mean every, every industry is trading money so it's important to keep things secure. But those fs cloud controls being extended into the satellite location is something I hear constantly as a need no matter the industry, whether it's, you know, retail or insurance, you know, etcetera. So I think that the security concerns and being able to offload the burden and chores of security is, is huge. >>One of the things we saw a lot last year, Brianna along the security lines is was ransomware booming, ransomware is a service, ransomware getting more personal. Talk to a lot of customers and to your point in different industries that are really focused on, it's not if we get hit by ransomware, it's when. So I'm wondering if that if some of the things that we saw last year or maybe why you're saying this being so such a pervasive need across industries, what do you think? >>Absolutely. I think that it's something that you really have to concentrate on full time and you know, it has to be something you're just maniacally focused on. And we have all kinds of frameworks and actually, uh, groups where we're looking at shaping regulation and compliance and it's really something that we study. Um, so if when we can pass on that expertise to our clients and again offload them. So, you know, not everyone can be an expert in these areas. I find that, you know, relieving, you know, our clients of these operational security tours allows them to get back to what they want to do, which is actually just keep inventing and building better technology for their business. >>I think that's such a, I think that's such an important point that brand is bringing up to those like part of the value of something like satellite is that we can we can run these technology platforms as a service. Right. And well, what does that? The service means? It means you can tap into a team of people who are the industry's best at building and operating that technology platform, right? Like maybe you've decided that, you know, kubernetes and open shift is your go for or platform as a business, but do you have the team and the skills that you need to operate that yourself? You know, you want to use a I you probably don't want to become an expert in how to run like whatever the latest and greatest ai framework is, you want to actually like figure out how to apply that to your business. And so we think that part of what's really attracting people to solutions like satellite, especially now with the threat you described is that they can tap into this expertise by consuming things as a service instead of figuring out how to round all themselves >>to that point. A lot of times we see really talented developers, I really like talking to incubation teams where there, you know, they're building new and they're just trying to figure out how to create, you know, the next new thing and um, it's not that they're not talented enough, they could do whatever they put their mind to, it's just that they don't have enough time and they, you know, then it just becomes too, comes down to, you know, what do you really want to spend your time doing? Is it, you know, security and operational chores, or is it inventing the next big thing for your business? And I think that that's where we're seeing the market really shift, is that, you know, it's not efficient or you know, um you know, a great idea and really no one wants to do that, you know, so we can over, if we can offload those chores, then that becomes really powerful. >>It does resource allocation is key to let those businesses to your point, we're gonna focus on their core competencies, innovating new products, new services, meeting customers where they are as customers like us become more and more demanding of things being readily available. I do want to understand a little bit, Jason, help me understand how this service is differentiated from some of the competitors in the market. >>Yeah, it's a it's a totally fair question. Um so I would answer that in a couple of ways. Um first off, you know, anytime you're talking about extending a cloud into some other environment, you obviously need some infrastructure for that application to run on whether the infrastructure is in your data center or at the edge or somewhere else. And one of the things that we've been able to is by leveraging our hybrid cloud platform by leveraging things like open shift and Lennox, we've been able to build satellite in a way where you can bring almost any clinics infrastructure to the table and use it to run satellite. So we don't require you to buy a certain lack of hardware or particular gear from us. You don't have to replace all your infrastructure. You can kind of use what you have and extend the cloud and that to me is all about, you know, if the goal is to help people build things more quickly and consume cloud, like you don't want step one to be like wheel in a whole new data center full of hardware before you get started. Um the second thing I would say is we have built our whole cloud um on this, this containerized technology, on kubernetes and open ship, which means that we're able to deliver more of our portfolio through satellite. We can deliver application platforms and databases and Deb tools and ai and security functions all as a service via satellite. So the breath of cloud capability that we think we can deliver in this model is much higher than what I think our competitors are going to be able to do. And then finally, I would say the tide to kind of IBM view of enterprise and regulated industries, you know, the work brand I mentioned around things like FS cloud, the work we're doing in telco, like we spent a lot of our energy, I'm like, how do we help, you know, enterprises regulated industries take advantage of cut and we're extending all of that work outside of our cloud data centers with satellite to all these other places. And so you really can move those mission critical applications into a cot environment when you do it with us. >>Let's talk about some successes Brianna tell me about some of the customers that are getting some pretty big business outcomes and this is a new service to talk to me about how it's being used consumed in the benefits. >>Absolutely. You know what I I find a trend that I'm seeing is really uh the cloud being distributed to the edge and there's so many interesting use cases I hear every single day about how to really use machine learning and ai at the edge. And so you know, maybe it's something as simple as, you know, a worker safety app or you're you know, making sure that workers are safe using video cameras in an office building and alerting someone if they're going into a construction area and you're using the Ai and although the the images that's coming, they're coming in through the security cameras, you're doing some analysis and saying this person is wearing a hard hat or not and warning them, but that those use cases can be changed so quickly. And you know, we've we've seen that, I think I've talked about it before with Covid you change that to masks. Um you could change that. You could hook up the application of thermal devices. We've seen situations where you know, um machine learning is used at the manufacturing edge. So you can determine if there's an issue with your um production of, you know, in a factory there's we're seeing uh edge use cases and hospitals in terms of, you know, keeping the waiting room sanitized because of, you know, over usage. So there's all kinds of just really interesting solutions and I think this is kind of the next area where we're really able to um and even partner with folks that have extraordinary vertical expertise in a specific area and you know, bringing that to life at the edge and being able to really process that data at the edge. So there's very little latency and then also you're able to change those use cases so quickly because you're really consuming cloud native best practices in cloud cloud services at the end. So you're not having to install and and manage and operate those services at the edge. It's done for you >>imagine changing the ability to change use cases so quickly in a year that plus that we've seen so much dynamics and pivoting is really key for businesses in any industry Brianna. >>I agree. And that's the thing. You know, there hasn't been one particular industry I think, you know, of course we do see a lot in the financial services industry just probably because we're IBM, but in every industry, you know, we see, you know retail, it's interesting to see sporting goods companies want to have pop up shops in a specific sporting events and how do you, you know, have a van that is a sporting goods shop, but it's just there temporarily. And how do you have a satellite location at, in the van? So there's really interesting use cases that, you know, have emerged, um, you know, just over time due to, um, you know, the need to have this capability at the edge. >>Yeah, it's necessity is the mother of invention as they say, right, well thank you both so much for stopping by sharing what's going on with IBM Cloud Satellite, the new service, the new offerings, the opportunities in it for customers. I'm sure it's going to be another exciting year for IBM because you clearly have been very busy. Thank you both for stopping by the program. >>Thanks. Thanks so much lisa >>for Brianna frank and Jason McGee. I'm lisa martin. You're watching the cube live coverage of IBM, think. >>Mm

Published Date : Apr 16 2021

SUMMARY :

IBM fellow VP and Cto of the IBM cloud platform, you guys were here a couple months ago, but I know there's been a whole bunch of things going on. to work on as a product manager because you know, it's all about our clients coming to us the cloud satellite from, you see what flashing in Jason's background is an IBM cloud satellite. And we think that really will unlock, you know, I don't want to say mayhem, but you know, mayhem taking really the lead and the edge you know, there's, you know, security compliance drivers, maybe in, in places like the financial services and one of the most prevalent questions I get from clients, you know, when can I get this FSL being so such a pervasive need across industries, what do you think? I find that, you know, relieving, you know, our clients of these operational security tours the latest and greatest ai framework is, you want to actually like figure out how to apply that to your business. And I think that that's where we're seeing the market really shift, is that, you know, it's not efficient It does resource allocation is key to let those businesses to your point, we're gonna focus on their and extend the cloud and that to me is all about, you know, if the goal is to help people build things more and this is a new service to talk to me about how it's being used consumed in the benefits. And so you know, maybe it's something as simple as, you know, a worker safety app or you're you know, imagine changing the ability to change use cases so quickly in a year that plus that we've seen you know, just over time due to, um, you know, Yeah, it's necessity is the mother of invention as they say, right, well thank you both so much for Thanks so much lisa of IBM, think.

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Hillery Hunter, IBM | IBM Cloud for Financial Services Event


 

>> Announcer: From theCUBE studios in Palo Alto and Boston, connecting with thought leaders all around the world, this is a CUBE Conversation. >> Hi everybody, this is Dave Vellante, and back in 2013, when it was becoming pretty obvious that the cloud was going to have a major impact on our industry, the IT industry, I wrote at the time that the way incumbents were going to have to compete was to really go into vertical markets and build ecosystems for their own clouds, and that's exactly what IBM did late last year, when it announced a major partnership with Bank of America in the financial services cloud, and guess what, Hillery Hunter is back in the house, she's the vice president and CTO of the IBM cloud, and an IBM fellow, Hillery, great to see you again, thanks for coming back on. >> Thanks so much for having me again, always a pleasure to be here. >> So we had an awesome conversation, I think we got into the FS cloud a little bit, but as I was saying, you guys announced last year, Bank of America, but let me start here. Why does the industry need a financial services cloud? >> Yeah, you know, it's key that we ground ourselves in that question of why a financial services cloud, and I think it really goes back to the sensitivity of the workloads and the data that that industry stewards. The financial services industry stewards the data of millions and millions of customers, and they are heavily regulated because of that, and they handle very high value transactions, and being able to take that context and translate that into what does it mean to do high value transactions, sensitive data, consumer data computing, also with all those benefits of elasticity and the value proposition of different deployment locations, is really what financial cloud is about. And those needs of that industry are a little bit different, the regulations are higher, the bar and data protection is higher, and the need to interlock across workload characteristics and the cloud deployment is a bit different. And so, we are bringing what we know about that industry to bear in the context also of cloud computing. >> Okay, so you're making some new announcements, there's some hard news here, but I want to know, if you're an executive, or business leader in the financial services industry, what's in it for me in these announcements? >> Yeah, what's in it for you is that we are moving into the next phase of financial services cloud in making the policy framework that has been developed through an enormous amount of work available to additional industry participants, and we're also moving into a phase of global expansion, and so being able to take this value proposition of an end to end considered secure and confine environment for financial services, out to more players in the industry, out to additional geographies and deployment locations, it's an exciting moment because everyone's really not looking just for a cloud, but they're looking for a choice of deployment locations, they're looking to move more workload to the cloud, and this is really about providing a cloud solution that more workload can move to, not just the first couple phases of analytics and things like that, but also moving into more transformation of the core of banking and the core of banking business, so it is about getting more workload to the cloud, getting that done faster, and getting it done at a net improved security and compliance posture. >> Got it, so I want to ask you about some learnings, now you're the double whammy of learnings here. When you announced the collaboration with B of A, obviously one of the top banks of the world, you've obviously made some progress since then, but the other part of that whammy was COVID. So what did you learn from the collaboration with B of A, and have you guys, how have you expanded your thinking BC, from before COVID, versus AC, after COVID? >> Yeah, you know, the initial motivation for this program was about having trust and transparency in public cloud, and having a public cloud suited also to sensitive and even core banking workloads. We have seen this conversation and the need for it and the urgency for it only pick up since COVID. A lot of things in the world kind of took a pause, but cloud computing really accelerated. We're seeing that businesses need to digitally transform their banking, so core banking transformation is a very hot topic. They need to deal with elasticity, we worked with banks during COVID that were having to suddenly stand up their national equivalent of the Payroll Protection Program. Banks that had to suddenly have three times the elasticity, because all of a sudden consumers were interacting with them purely digitally. And cloud can enable all of those kind of things, and so COVID has really accelerated the motivation toward banking in the cloud, and also toward core banking transformation, which is at the heart of setting a very high security bar in public cloud, to be able to also enable those kind of workloads. >> Yeah, so many changes as a result of COVID, I mean the volume of loans, like you said, everything was digital. I know a lot of older people that always still like to go into the bank, that like to see people, and they knew people and people knew them, well they had no choice but to go digital, so that's huge, if you didn't have a digital solution, and cloud is fundamental in that equation. But let's get into it a little bit more. We talked a little about this at IBM Think, but what are the key attributes that make the IBM financial services cloud suitable for financial services, is it the certifications, I wonder if you could add some color there. >> Yeah, so the key elements of the financial services cloud program are number one, a policy framework, which is a set of controls that are customized to the financial services industry, so this isn't about some existing standard, this is a customization of controls and security for the financial services industry, and that's a major element of what we're announcing right now. In addition to the policy framework is also the way that the different elements of the industry and of regulatory expertise are coming together, so this cloud, and these public cloud offerings, were co-developed and co-designed with IBM Promontory, with IBM Security Services that work with banks, with our anchor partner, and moving forward, we'll be advised by an advisory council of CSOs who have that day to day experience with security and with regulations. And so that is also a very unique context for not this being just a point in time with a policy framework, but being an ongoing initiative that will stay up to date, as security concerns and as regulatory concerns change. And the third aspect is a really unique set of technologies that make all of that possible, so you have to define how the cloud is going to be secure, and then you have to actually do it, and the unique capabilities that we have in IBM public cloud that have enabled this program include a number of things, but amongst them, the industry's highest standard for data protection, with our FIPS-140-2 Level 4 based key protect service, it includes capabilities that we'll be releasing through our acquisition of Spanugo around cloud security and compliance posture management, mapped back to that context of financial services. And so it's really three things, it's a policy framework custom and optimized for the financial services industry, the forward evolution of that through industry expertise, and participation of multi parties in that, and then core technologies that enable folks to accomplish that security posture through data protection, through cloud security posture management, et cetera. >> I forgot about the Promontory, you guys made that acquisition several years ago, that's a nice little feature of the FS cloud. But I want to ask, how hard is it to get these certifications? I mean it's obviously not a layup. Lot of work, lot of time, my reason of my question, is this a moat for you, as you guys start to scale? How difficult is it? >> Yeah, so we have been putting in the time and effort, and so that's why this is an exciting moment for us with the initial work product of this effort. And so our intention really is not for that to be a moat, but for us having traversed the moat, to now have a bridge there through the methodology that we built, through the control framework that we built, for others to now get across that moat. And so this is really about taking what is an extensive amount of work, and an extensive amount of expertise, IBM Promontory, you just mentioned, but they monitor over 70 regulatory obligations in over 20 jurisdictions globally, right? I mean this is a tremendous depth of expertise, and so having crossed the moat, and having built the bridge across it, this is where we can then help others to save time in this process of adopting public cloud for further workloads. >> You've mentioned workloads, you've talked about core financial workloads, but maybe give us a little insight on what type of workloads are the most suitable for the financial services cloud, because let's face it, most of the hardcore mission-critical workloads haven't moved, actually probably none of 'em have moved to the cloud, you kind of referenced that before. Ginni Rometty talks about that all the time. But what are the right workload strategic fits for your cloud? >> Yeah, you know you mentioned Ginni Rometty, and so I'll take a quick note there from some of the language that you'll hear her use, she talks about, there was chapter one of the cloud journey, and stuff that was on less sensitive data, analytics, some things on public information, were certainly done, also in finance and also in regulated industries in the cloud. And she talks about chapter two, chapter two being mission-critical workloads. And this program really is the definition of chapter two for the financial services industry. It is the enabling expertise, the enabling control set, the enabling security technologies, the enabling cloud services, for that chapter two, right, for that next layer of adoption of things that had been kept behind the firewall, had been kept in a private cloud context, can now be considered also for public cloud. And so easing that adoption, streamlining that process, et cetera, is really what we're looking to accomplish. >> I mean obviously IBM, huge presence in the banking community, is this really for just big banks? What about the ecosystem, what do you got in there for ISVs and SaaS providers? >> Yeah, you know, you asked me a question at the beginning here about COVID and what's happened, and I think, the transformation of ISV providers to become SaaS providers, the expansion of their capabilities being needed in payments and digital client experiences and such, also for regionals and second and third tier banking institutions and such, is as much of what is happening right now as anything else, amongst the first tiers, because there's just as much pressure for transformation and digital consumer experience, and other things like that, also in the regionals and second and third tiers. So part of our announcement is around the ecosystem of partners that we have now for the financial services cloud program. And that includes ISVs and SaaS providers that are servicing many different types of needs of institutions large and small, so we're seeing those that are servicing core banking, and payments, those that are servicing analytics use cases for this industry, and even HR function, just because of that concern about stewarding data well for these industries and those first tier banks, and so that transition to digital, that drive to infuse AI capabilities, the need to transform core banking, is something that's very much also happening within the ISV and SaaS providers, and we're thrilled with the wide variety of partner base that we're seeing develop there within our ecosystem for this program. >> I was talking to a CIO friend of mine several years ago, and he said to me, "You know, this idea of lifting and shifting, "it's fine, you get little cost savings, maybe, "but unless you change your operating model "and you drive an innovation agenda, "you really aren't going to get the type "of telephone number returns from cloud "that you would want or expect." So my question is around innovation, and we've said many times in theCUBE that the new innovation cocktail, it's not Moore's law anymore, it's the combination of data applying machine intelligence and then the cloud, and the reason why the cloud is important is scale, okay, there's maybe a little bit of cost as well, but it's also innovation. It's the ability to attract people into an ecosystem, and that resonates with line of business. If your cloud is just about making IT's life better, well that's nice, but what's in this announcement and in this initiative for the line of business? >> Yeah, it is all about the workloads. I always say that to me the cloud journey is about, number one your platform, which is the thing onto which you modernize. It is what are you going to get out of moving to containers, what are you going to get out of moving to microservices, how does that help all of those cloud metrics that you mentioned? But number two, it's about the workload, right, which workloads are we talking about, how will they deliver, how will those workloads be able to because of cloud deliver not just TCO but improvement in customer experience, how will those workloads be able to meet elasticity, resiliency, cybersecurity concerns, changes in the way the workforce is working these days, et cetera. And from the line of business perspective, there is a tremendous need to consume, for example, fintech-based innovation. But a lot of folks have struggled to move past POCs because of concerns about security and compliance, for those deployment scenarios, and so being able to bring the ISVs and SaaS providers, and then also fintechs into an ecosystem with a prescriptive and proactive security and compliance context is really what we're all about here. And that will enable a flourishing of adoption of innovation. >> You know, I always love to talk about the competition on these episodes. But I want to ask differentiation, how different is this, can I just go to any cloud supplier and get this, will I eventually be able to, what's IBM's differentiation, Hillery? >> Yeah, so you want to think of it that, in financial services, you are concerned, and you have to be concerned about everything. You have to be concerned about things into the details of the cloud itself, you have to be concerned about things that are related to the behavior and the permissions of your developers in that environment. Financial services cloud really has to be an end to end, soup to nuts conversation, and so this is a program of our public cloud, where end to end, we can stand behind and provide trust and resiliency and this policy framework, end to end within an environment that can be trusted for mission-critical workload. And so when we look at differentiation, our investments are in bringing together IBM's expertise all the way going back to regulations and security consulting that we've been doing for decades in this industry, applying that to that cloud context, taking capabilities that are developed all the way down into the transistors, investments we've made even into the silicon around how cryptography is done, bringing that into the cloud context. And so having brought those things together into our public cloud context, that's how we're able to solution this in a different way, because it really is end to end about the expertise, from all of that regulatory advising, that security context, all the way down into the silicon and the transistors, and I think that's a very unique value proposition, as a cloud provider, it's a tremendous opportunity for us to bring together those pieces. And to continue to be a trusted partner to these companies that we have long been a trusted partner of. >> Now of course you guys have a relationship with VMware, you were the first, actually, to announce a VMware cloud relationship. And so let's say, okay, I got some VMware workloads, I move 'em into your FS cloud. Make sure that I've got the security and compliance checked. Six months down the road, so I've done that sort of first step, what's next for me, is that the end, or are there other things on my journey? >> Yeah, so absolutely, I mean VMware is part of what we are solution financial services clients to, but also cloud-native, and OpenShift, containerization, that modernization journey, is an ongoing journey for everyone, and so to your point of what's next, we're seeing a continual conversation of balancing lift and shift and modernization across workloads, and there are different reasons at different points in time, for people to consider that. I think the key is that they trust where they are taking that data, and whatever the form is that the workload goes, it needs to be in the context of that trust around the data in a security context, and so we're absolutely seeing everything, honestly, from financial services institutions looking to engage with us, also in our new research innovation lab, where we're engaging directly with financial services clients that are trying to work through this differentiation, is it virtualization, is it containerization, is it even serverless? What is the right and most effective balance of how workloads are programmed and run for the next generation of banking. >> You know, Hillery, I've been doing a lot of interviews in the last decade, and it's been interesting to see the ascendancy of cloud, of course, but also the change in perception, particularly in financial services, in the early days of cloud, cloud was an evil word. The C that should not be named. And so I want to understand if I'm, and of course COVID has also changed the perception, because if you weren't digital and you didn't have cloud, you couldn't really transact businesses as well, you didn't have that business resiliency. So, what if I'm a financial services person now, okay, I'm through the knothole, I want to get started, where do I start? >> Yeah, well call us first, but past that, I think that the conversations, the first conversations that we're having with our clients are, number one, do you have an architecture? So is cloud not just a place, like I like to say, but is cloud a plan, is there an architectural plan to enable you to have consistency, for example, in your developer experience between your private cloud environment and your public cloud environment? Architecturally are there those foundational choices around common services about being able to deploy capabilities in one location, and develop them in another, et cetera. All those value propositions of what we have been creating around OpenShift and Cloud Paks in our public cloud, and consistency across different environments and such, I think that's the first thing to start with is architecting a cloud, not accidental usage of multiple environments, but architecting use of multiple environments. And then I think the second conversation is to make a security and compliance plan that is going to be robust enough to withstand even the intense scrutiny of a regulated industry CCO and risk team, and so that's the other foundational conversation that we're having with our clients, and helping them with, so we can provide services and reference architectures, and all that other kind of thing, to enable them to stabilize planning on both fronts, both architecturally for what cloud means in its entirety, not just a cloud, but in its entirety, all clouds, multicloud, hybrid cloud, et cetera. And then secondly, then, a comprehensive security plan for that public cloud choice, and that's what we're really locking down with this policy framework, is bringing standardization on that for public cloud. >> Well, lot of innovation for the financial services community, which is again your wheelhouse. I wrote a piece right around Think that IBM's future rests on its innovation agenda, and I'm glad you brought up the notion of private, public, and then the whole hybrid thing, because I see OpenShift as a key, and RedHat as a key enabler of that across whether it's cloud, on-prem, edge, across multiple clouds. That's an ambitious agenda, as somebody who's responsible for cloud. That is something that is real innovation, and really differentiable I think, in the marketplace, and probably pretty expensive to build out across all those different platforms. >> Yeah, it is, but I think on the word innovation, my mind, as an IBMer, goes to the IBM research division. Thousands of researchers globally, and they've very much been a part of this journey with us. The journey with us on containerization, the journey on workload modernization from monolith to microservices, the journey of our public cloud, and now also very much a part of our work in financial services, so our research division is this incredible gift and asset that we have, that is working with us also on our cloud security and compliance posture management, that security and compliance control center that we're talking about in this announcement, et cetera, and so them being a part of this innovation stream for us is a really exciting part, again, of bringing together all these different pieces that IBM has to offer in this space to make it all stack up, to be a cloud for financial services. >> I got a couple of little housekeeping items before we close here. This is announced for the US first, right? What about other regions, first of all, is that correct, and what about other regions? >> That's correct, and we are also announcing additional participation of global banking partners as well in this announcement. And so this is also again our initial public statement of our expansion past the US. >> Last question, so just give us a glimpse of the future, where do you want to be in a few years, thinking about let's say three years down the road, what's that outcome look like? >> Yeah, you know I think that three years from now, we would love to see that people are able to make a decision, going back to your question about the line of business owners, make a decision about what they're trying to accomplish with a workload, and not be held back by security and compliance concerns in terms of putting that workload where it needs to be, where it will be most efficient, and where it can be embraced by a set of cloud capabilities that enable it to move in a competitive pace forward, infusing AI into everything that is done. Leveraging the latest in technologies, and serverless computing and all these other kind of things that can facilitate a line of business delivering more value so that cloud really continues, but also realizes its promises in that chapter two version of the story, also for regulated industries and also for their mission-critical workloads. >> Well Hillery, good luck with this, I mean congratulations on the progress that you've made, really since you guys announced this late last year, and really excited to see this start to take off, and you're a great guest, love having you on, thank you so much. >> Thanks so much for having me, pleasure talking to you as always. >> All right, cheers. And thank you everybody for watching, this is Dave Vellante for theCUBE, and we'll see you next time. (calm music)

Published Date : Aug 14 2020

SUMMARY :

leaders all around the world, and CTO of the IBM cloud, always a pleasure to be here. Why does the industry need and the need to interlock and so being able to take the collaboration with B of A, and the need for it and cloud is fundamental in that equation. how the cloud is going to be secure, feature of the FS cloud. and so having crossed the moat, about that all the time. and stuff that was on less sensitive data, and so that transition to digital, and that resonates with line of business. and so being able to bring to talk about the competition of the cloud itself, you have Make sure that I've got the and so to your point of what's next, in the early days of cloud, and so that's the other and RedHat as a key enabler of that and asset that we have, This is announced for the US first, right? of our expansion past the US. that enable it to move in and really excited to see pleasure talking to you as always. and we'll see you next time.

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