NEW YORK -- Brocade Investor Day -- Brocade's CEO was keen to dispute the idea that the most massive consumer cloud players, such as Amazon and Google, will also swallow all enterprise data from around the world.
"The idea of enterprises moving everything to the cloud -- that's not going to happen," Brocade Communications Systems Inc. (Nasdaq: BRCD) CEO Lloyd Carney told the starchy-shirted investor crowd on Wednesday morning at the NASDAQ.
There are too many issues with security, compliance and potential conflicts of interests between the company that controls the cloud and the potential enterprise user, Carney said.
"There's no German automaker that's going to give their proprietary data to Google when Google's making driverless cars. There's no French bank that's going to give their data to Amazon when they know Amazon’s going to try to become a bank," Carney elucidated.
Carney suggested that the idea of major enterprise customers storing all their data with the kings of the consumer cloud is simply a myth. "People who say that, they don’t have passports, you just have to travel the world to see," Carney states.
Instead, he expects a steady shift to a hybrid environment with corporations using the public cloud but maintaining a private cloud too.
— Dan Jones, Mobile Editor, Light Reading