Moving to the cloud is all the rage. According to an IDC Survey Spotlight, Experience in Migrating Databases to the Cloud, 63% of enterprises are actively migrating their databases to the cloud, and another 29% are considering doing so within the next three years.
This article discusses some of the risks customers may unwittingly encounter when moving their database to a database as a service (DBaaS) in the cloud, especially when the DBaaS leverages open source database software such as Apache Cassandra, MariaDB, MySQL, Postgres, or Redis. At EDB, we classify these risks into five categories: support, service, technology stagnation, cost, and lock-in. Moving to the cloud without sufficient diligence and risk mitigation can lead to significant cost overruns and project delays, and more importantly, may mean that enterprises do not get the expected business benefits from cloud migration.
Because EDB focuses on the Postgres database, I will draw the specifics from our experiences with Postgres services, but the conclusions are equally valid for other open source database services.
Support risk. Customers running software for production applications need support, whether they run in the cloud or on premises. Support for enterprise-level software must cover two aspects: expert advice on how to use the product correctly, especially in challenging circumstances, and quickly addressing bugs and defects that impact production or the move to production.
For commercial software, a minimal level of support is bundled with the license. Open source databases don’t come with a license. This opens the door for a cloud database provider to create and operate a database service without investing sufficiently in the open source community to address bugs and provide support.
Customers can evaluate a cloud database provider’s ability to support their cloud migration by checking the open source software release notes and identifying team members who actively participate in the project. For example, for Postgres, the release notes are freely available, and they name every individual who has contributed new features or bug fixes. Other open source communities follow similar practices.
Open source cloud database providers that are not actively involved in the development and bug fixing process cannot provide both aspects of support—advice and rapid response to problems—which presents a significant risk to cloud migration.
Service Risk. Databases are complex software products. Many users need expert advice and hands-on assistance to configure databases correctly to achieve optimal performance and high availability, especially when moving from familiar on-premises deployments to the cloud. Cloud database providers that do not offer consultative and expert professional services to facilitate this move introduce risk into the process. Such providers ask the customer to assume the responsibilities of a general contractor and to coordinate between the DBaaS provider and potential professional services providers. Instead of a single entity they can consult to help them achieve a seamless deployment with the required performance and availability levels, they get caught in the middle, having to coordinate and mitigate issues between vendors.
Customers can reduce this risk by making sure they clearly understand who is responsible for the overall success of their deployment, and that this entity is indeed in a position to execute the entire project successfully.
Technology stagnation risk. The shared responsibility model is a key component of a DBaaS. While the user handles schema definition and query tuning, the cloud database provider applies minor version updates and major version upgrades. Not all providers are committed to upgrading in a timely manner—and some can lag significantly. At the time of this writing, one of the major Postgres DBaaS providers lags the open source community by almost three years in their deployment of Postgres versions. While DBaaS providers can selectively backport security fixes, a delayed application of new releases can put customers in a situation where they miss out on new database capabilities, sometimes for years. Customers need to inspect a provider’s historical track record of applying upgrades to assess this exposure.
A similar risk is introduced when a proprietary cloud
By: Marc Linster
Title: Five risks of moving your database to the cloud
Sourced From: www.technologyreview.com/2022/01/25/1043950/five-risks-of-moving-your-database-to-the-cloud/
Published Date: Tue, 25 Jan 2022 17:00:00 +0000
LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys
Bitso, a leading cryptocurrency platform operating in Latin America, and the Mexican Football Federation (FMF), today announced the joint launch of the first collectible NFT of the Mexico National Team’s jerseys that was acquired in cryptocurrencies.
This morning through their social media platforms, the FMF and Bitso announced the opportunity to acquire the new official National Team fan jerseys ahead of the team’s participation in the 2022 World Cup. In just 20 minutes, the entire collection sold out.
The NFTs of the jerseys have an exclusive design for the metaverse – each is unique on the blockchain and can be resold by its owner in subsequent transactions.
The collection consisted of 100 official physical jerseys, each with a corresponding NFT version of the jersey that fans’ avatars can wear within the Decentraland metaverse. Each physical and NFT jersey set sold for the equivalent of $1,800 MXN in ethers.
“Our mission is to make cryptocurrency useful in the everyday life of Mexicans; we are committed to spreading the technology through innovative opportunities that help people throughout the country familiarize themselves with this new world. We are very excited to offer the incredible, historic opportunity for the fans of our National Team so that through their Bitso account, they can wear the colors of the National Team on and ‘off’ the field in the metaverse.”
– Bárbara González Briseño, General Director of Bitso México
Created by Bitso, the virtual jersey sports the official colors of Mexico and the new National Team shield, characteristics that will make it stand out when users wear it in the virtual world of Decentraland.
The post LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys appeared first on CryptoNinjas.
Title: LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys
Sourced From: www.cryptoninjas.net/2022/07/29/latam-crypto-exchange-bitso-and-fmf-launch-nft-of-mexicos-national-team-jerseys/
Published Date: Fri, 29 Jul 2022 15:19:02 +0000
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Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth
EXMO, a crypto exchange platform operating since 2014, announced this week a rebranded visual identity with includes a new logo, brand colors, and design features. This new branding comes as EXMO continues to grow its crypto platform while also seeking to expand its presence in other jurisdictions.
Some new developments underway at EXMO:
Soon, users will be able to earn passive income from EXMO’s new staking platform.Plans to launch an EXMO crypto debit card.Expansion of its services in international markets with the opening of offices in Poland and Lithuania.
EXMO’s new logo
The rationale for the re-brand:
“At EXMO, we have a vision of a world where crypto is in every wallet. Hassle-free. We want to achieve this by making crypto as simple and accessible to everyone as possible. And we know that you already appreciate EXMO for offering user-friendly services and helpful support. Also for the opportunity to trade anywhere and anytime, closing deals in just a few taps. Such important changes required a rethinking of our corporate style, which has long needed a massive upgrade. So today we are introducing a new brand identity for EXMO with a completely new visual concept. We are launching a new logo, brand colors, and design elements. Our key design principles are simplicity, boldness, and a pinch of fun. But most importantly, we have changed our logo. Simple and easily recognizable, it represents the humanity of our brand. The logo stands out due to the wavy letter ‘m’ which symbolizes exchange rate charts and also resembles a spring that will launch you into the crypto world.”
– The EXMO Team regarding the re-branding
The post Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth appeared first on CryptoNinjas.
Title: Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth
Sourced From: www.cryptoninjas.net/2022/07/26/long-running-crypto-exchange-exmo-unveils-lively-rebrand-amidst-growth/
Published Date: Tue, 26 Jul 2022 08:10:38 +0000
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Stitching together the grid will save lives as extreme weather worsens
The blistering heat waves that set temperature records across much of the US in recent days have strained electricity systems, threatening to knock out power in vulnerable regions of the country.
The electricity has largely stayed online so far this summer, but there have been scattered problems and close calls already.
Heavy use of energy-sucking air-conditioners is the biggest problem. But intense heat can also reduce the output of power plants, blow transformers, and force power lines to sag. Severe droughts across large parts of the country have also significantly reduced the availability of hydroelectric power, according to the North American Electric Reliability Corporation (NERC).
It’s unlikely to get better soon. A number of grid operators may struggle to meet peak summer demand, creating the risk of rolling blackouts, the NERC report notes.
The nation’s isolated and antiquated grids are in desperate need of upgrades to keep the lights, heat, and air-conditioning on in the midst of extreme weather events that climate change is making more common, severe, and dangerous. One clear way to ease many of these issues is to more tightly integrate the country’s regional grids, stitching them together with more long-range transmission lines.
If electricity generated in one area can be more easily shared across much wider regions, power can simply flow to where it’s needed at those moments when customers crank up air-conditioners en masse, or when power plants or fuel supply lines fail amid soaring temperatures, wildfires, hurricanes, or other events, says Liza Reed, a research manager focused on transmission at the Niskanen Center, a Washington, DC, think tank.
The problem is it’s proved difficult to build more long-range transmission and grid interconnections for a variety of reasons, including the permitting challenges of erecting wires through private and public lands across cities, counties, and states and the reluctance of local authorities to forfeit control or submit to greater federal oversight.
The case of Texas
The unreliability of the US grid is not a new problem. Severe heat and winter storms have repeatedly exposed the frailty of electricity systems in recent years, leaving thousands to millions of people without power as temperatures spiked or plunged.
One of the fundamental challenges is that the grids today are highly fragmented. There are three main electricity networks within the US: the Eastern Grid, the Western Grid, and the Electric Reliability Council of Texas (ERCOT). But there are numerous regional transmission organizations within those first two systems, including the California Independent System Operator, Southwest Power Pool, PJM Interconnection, New York ISO, and more.
These grids form a complex web of networks operating under different regulators, rules and market structures, and often with limited connections between them.
A variety of regional transmission organizations oversee different parts of the nation’s aging and fragmented grids, which operate under different rules and with often limited connections between them.
ERCOT is especially isolated, in part because of the desire among local politicians, citizens, and power companies to avoid added competition, the hassle of following other states’ rules, and oversight from the Federal Energy Regulatory Commission (FERC). But the state offers a case study in why that can be a serious problem amid increasingly harsh climate conditions, Reed says.
The Texas grid operator pleaded with customers several times earlier this month to cut electricity use as blistering summer temperatures created demand surges that threatened to outstrip supply and require rolling blackouts. Low wind conditions, cloud cover, and outages at fossil-fuel power plants added to the strains.
Shutting off the electricity needed to run air-conditioning in triple-digit temperatures
By: James Temple
Title: Stitching together the grid will save lives as extreme weather worsens
Sourced From: www.technologyreview.com/2022/07/28/1056483/stitching-together-the-grid-will-save-lives-as-extreme-weather-worsens/
Published Date: Thu, 28 Jul 2022 08:00:00 +0000
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