Cloud and infrastructure management according to Hashicorp: long-term relationship with the right tools
October 16, 2024
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During HashiConf 2024, HashiCorp will talk about its star on the horizon, what challenges it faces and how it plans to shift its focus to the absolute top
During HashiConf 2024, HashiCorp will talk about its star on the horizon, what challenges it faces and how it plans to shift its focus to the absolute top of the enterprise segment.
At the HashiConf 2024 conference in Boston, Dave McJannet, CEO of HashiCorp, will provide insights into the company’s future direction and the challenges of modern infrastructure management. His report highlights several key trends in cloud computing, customer relationships and the need for sophistication Lifecycle management.
Five key points from McJannet’s passage at the event require clarification. We analyze them and provide an overview of the direction HashiCorp is taking and the challenges companies face today when managing hybrid cloud environments.
1. Move to long-term customer relationships
McJannet primarily emphasizes the strategic shift in HashiCorp’s focus. While the company previously served a wide range of customers, it now consistently relies on long-term relationships with large companies that make significant investments in infrastructure.
This means HashiCorp focuses less on quick, one-off deals and more on building lasting relationships with approximately 1,000 to 4,000 of the world’s largest companies. These organizations, from publicly traded companies to large retailers, make important long-term infrastructure decisions.
However, building these relationships is not an easy process. “The decision-making and implementation processes for infrastructure often take years,” says McJannet. First, companies have to be convinced of the benefits, then there is a long rollout phase and only then does the actual use of the solutions begin. However, HashiCorp sees this lengthy process as a guarantee for stable, long-term partnerships in which the company remains closely involved in the digital transformation of these customers.
All important announcements during HashiConf 2024.
2. The rise of hybrid cloud and private data centers
Although cloud computing was initially viewed in the IT world as the biggest disruptive force in IT infrastructure, more and more companies are recognizing the value of a hybrid approach. “Many companies are not moving certain workloads to the cloud, but are keeping them in their own data centers,” emphasizes McJannet. “They do this primarily because of cost considerations and safety requirements.”
The trend is driven by the enormous costs of AI applications. The high costs force companies to maintain more control over their infrastructure. This means that private data centers combined with cloud solutions continue to play a crucial role in the infrastructure strategy of large companies. HashiCorp anticipates this by providing solutions that enable organizations to effectively and securely manage their hybrid cloud environments, regardless of where their workloads reside.
3. Control costs, reduce risks and increase efficiency
A key theme on stage was the cloud’s promise to reduce costs, reduce risk and speed time to market. While companies that properly implement their cloud strategies will certainly achieve these benefits, many organizations still struggle to achieve these goals.
McJannet admits that even HashiCorp initially struggled to get its cloud costs under control. There was waste and a lack of insight into cloud usage.
It is incredibly complex for large companies to efficiently manage their cloud infrastructure.
Dave McJannet, CEO of HashiCorp
This highlights how complex it can be for large companies to efficiently manage their cloud infrastructure. HashiCorp is responding with tools that help companies optimize their infrastructure, reduce cloud waste, and improve cloud spending visibility.
4. Meaning of Infrastructure lifecycle management
Full infrastructure lifecycle management is becoming another important part of HashiCorp’s strategy. What is striking is that it is not just the deployment phase that is important. McJannet emphasizes that Terraform is used for more than just providing infrastructure Day zerobut also for the ongoing management of this infrastructure throughout its lifecycle.
Therefore, organizations need to think not only about how infrastructure is deployed, but also how it will be managed, adapted and secured over time. With Terraform, HashiCorp offers a solution that enables companies to implement consistent and scalable processes to manage their infrastructure, regardless of the complexity of their hybrid cloud environments.
5. Security and centralized management of secrets
Security has always been a top priority in hybrid cloud environments, and McJannet places great emphasis on the need for identity-based security controls. As organizations run more and more applications outside of their own networks, it becomes increasingly important to ensure strict access controls and security protocols.
HashiCorp offers a range of security solutions such as Vault that help companies securely manage secrets (such as API keys and passwords) and automate the management of certificates and encryption keys. These solutions not only help companies maintain the most stringent security standards, but also improve operational efficiency by eliminating manual processes.
Diploma
During Hashiconf 2024, Dave McJannet will provide a clear picture of how HashiCorp is positioning itself as a key player in managing hybrid cloud environments and infrastructure, particularly for its largest customers.
McJannet also notes that the future of IT infrastructure is hybrid. HashiCorp is ready to help companies navigate this complex environment with flexible, scalable and secure solutions that meet the challenges of the modern era.
Another highlight: IBM acquired HashiCorp at the beginning of 2024 for $6.4 billion. Since the deal still needs to be approved by regulators worldwide, we did not expect any news at HashiConf 2024. Nevertheless, McJannet surprised with a slide showing the two brands. A picture is taken.
Unfortunately, a subtle smile appeared immediately. He emphasizes that there is no news and that HashiCorp cannot and should not say anything until the deal is approved worldwide. For now it stays with the one slide at the top. Hands went up to ask more questions, but they were secretly ignored.
As an experienced journalist and author, Mary has been reporting on the latest news and trends for over 5 years. With a passion for uncovering the stories behind the headlines, Mary has earned a reputation as a trusted voice in the world of journalism. Her writing style is insightful, engaging and thought-provoking, as she takes a deep dive into the most pressing issues of our time.