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DECEMBER 2017

CROWDMACHINE Unshackling the Cloud

You have just completed a successful Initial Coin Offering (ICO): you have the funds and are now looking to roll out your products and services. But where is the talent? Given the fast-rising number of ICO projects underway, new ventures are struggling to find the by skilled labor they need to deliver on CRAIG SPROULE Founder and CEO their promises. In the blockchain and cryptocurrency industry there is a dearth of experienced developers. Compounding the problem, each developer is building the same app foundations from scratch, with limited reusability across the industry.

ternet of Things (IoT), as well as traditional markets like healthcare, financial services, manufacturing, mobile and retail. Across all sectors enterprises rely upon apps. Yet the fact remains that there are insufficient, skilled resources to sustain the current engineering demand. The need for apps is already outstripping supply.

A lack of developers is one constraint on business growth: another, when it comes to app development and execution, is the requirement for cost effective computing power. Consider for a moment the public cloud whereby enterprises can buy and utilise computing services. These services range from Now, let’s say your start-up is happily advertising, infrastructure-as-a-service generating above-the-line revenue and (IaaS), platform-as-a-service (PaaS) and you’re ready to take it to the next stage. software-as-a-service (SaaS) as examWhat kind of technology should you ples. This public cloud is capital-intendeploy to run and expand your growing sive and resource-intensive: to compete, business? These are critical issues faced a new provider must commit to a sigby enterprises both large and small in nificant amount of investment and emnew markets such as blockchain and In- ploy a legion of talent. No wonder, given 26

such high barriers to entry, that the top four public cloud companies control 65% of the market. Amazon Web Services (AWS) is the undisputed leader, followed by Microsoft, IBM and Google. But what is the reality of the public cloud? Free and infinite as it may sound, the cloud relies on global siloes of centralised data storage and processing facilities – a “shackled cloud”. Take a look at the maps of how AWS, Microsoft’s Azure or Google’s Cloud spread their infrastructure and networks around the globe. You will note vast, unlit tracts of distribution – mostly in emerging markets and places that would not provide a return on investment. DECENTRALIZED CLOUD AND APPS AT 45X THE SPEED The full potential of device memory and processor capacity – vital for executing apps at speed - remains largely underutilised. Crowd Machine plans to meet the surge in demand for apps and,

ICO Crowd Magazine Issue 4  

D10e’s Mike Costache, Senero, Aragon,Ocean Protocol and many more...

ICO Crowd Magazine Issue 4  

D10e’s Mike Costache, Senero, Aragon,Ocean Protocol and many more...

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