Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.
Containers provide users with a host of benefits, including faster delivery, agility, portability and modernization. The popularity of the technology will continue to grow, from 30% of global organizations running containerized applications today to more than 75% by the end of 2022, according to Gartner.
The growth of containerization goes hand in hand with the growth of new applications. According to International Data Corporation (IDC), by 2023, more than 500 million new logical applications will be created — equivalent to the number of applications created in the past 40 years.
This growth in applications predicted by IDC is a result of organizations' efforts to become "digital innovation factories" over the next five years. As such, organizations will develop digital products and services with digital-native speed and scale.
These future apps and services will be at the core of every industry's digital value proposition, according to IDC. So, the research firm expects the installed base of container instances to grow at a 62.1% compound annual growth rate (CAGR) from 2019 to 2023.
The popularity of containers is tied directly to their relative simplicity. They are lightweight software components that bundle an application — including its dependencies and its configuration — in a single image, offering IT organizations a dedicated space to build, test, and deploy new applications. They are the next evolution of a virtual machine environment.
Containers operate in isolated user environments on a traditional operating system, on a traditional server or in a virtualized environment. Since containers are smaller than virtual machines, users can deploy them and scale much faster, enabling organizations' user containers to be more nimble than those relying on virtual machine technology.
Containers also offer the flexibility to be deployed in virtual infrastructures or bare metal environments.
Some other advantages containers offer over virtual machines as noted by Capgemini:
■ Reduced cost: Several containers can run on one VM.
■ Enhanced security: Since containers are isolated from one another, enabling the separation of each application's major process.
■ Automatic replicationof microservices through deployment sets and replicas.
■ Flexible routingbetween services natively supported by containerization platforms.
Other benefits include the ability of containers to support cloud migration strategies and to enable companies to pivot to fully automated deployment and operations to eliminate slowdown and errors with manual processes.
As such, containers are perfect for today's environment in which companies are using combinations of private and public clouds. The containers can be written once, then easily moved from one private cloud to another, to a public cloud and back again without the need to write the software component over and over again.
Containerization is Not a Silver Bullet
Yet, like any technology, containers come with their own challenges that users must consider in deploying them. Organizations need to have the skills and knowledge to manage this technology. In order for them to be deployed across multiple clouds, users need a way to store container templates for easy access and deployment. Additionally, containers need to be designed in such a way that they fit in with an organization's DevOps environment as well as its security and governance models and practices.
So, while there is little doubt that containerization will be a technology pursued by a majority of companies — and for good reason — there are also potential downsides that each organization should consider before pursuing containerization for its own needs.
Industry News
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced significant momentum around cloud native training and certifications with the addition of three new project-centric certifications and a series of new Platform Engineering-specific certifications:
Red Hat announced the latest version of Red Hat OpenShift AI, its artificial intelligence (AI) and machine learning (ML) platform built on Red Hat OpenShift that enables enterprises to create and deliver AI-enabled applications at scale across the hybrid cloud.
Salesforce announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale.
OpenText™ unveiled Cloud Editions (CE) 24.4, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade developer portal based on the Backstage project.
Pegasystems announced the availability of new AI-driven legacy discovery capabilities in Pega GenAI Blueprint™ to accelerate the daunting task of modernizing legacy systems that hold organizations back.
Tricentis launched enhanced cloud capabilities for its flagship solution, Tricentis Tosca, bringing enterprise-ready end-to-end test automation to the cloud.
Rafay Systems announced new platform advancements that help enterprises and GPU cloud providers deliver developer-friendly consumption workflows for GPU infrastructure.
Apiiro introduced Code-to-Runtime, a new capability using Apiiro’s deep code analysis (DCA) technology to map software architecture and trace all types of software components including APIs, open source software (OSS), and containers to code owners while enriching it with business impact.
Zesty announced the launch of Kompass, its automated Kubernetes optimization platform.
MacStadium announced the launch of Orka Engine, the latest addition to its Orka product line.
Elastic announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications.
Red Hat introduced new capabilities and enhancements for Red Hat OpenShift, a hybrid cloud application platform powered by Kubernetes, as well as the technology preview of Red Hat OpenShift Lightspeed.
Traefik Labs announced API Sandbox as a Service to streamline and accelerate mock API development, and Traefik Proxy v3.2.