Those stumbles and losses could cause business execs to back off from a bigger cloud migration. It also could cause execs to lose faith in their IT leaders. medical interview“This is part of the learning curve,” said Deepak Mohan, an analyst with IDC. “The negatives are attributed to the cloud and not to these mistakes that need to be corrected… If a company does not realize the cost savings and they fail to see the results they thought they’d get, the result is that there is a drop in faith and a lowering of confidence in your cloud strategy. And that will cause a slowdown in adoption.” Part of the issue is that the cloud is really a different beast for a lot of IT shops. Everyday IT jobs, like data storage, app dev and resource allocation, suddenly need to be thought about and handled differently. [ Further reading: Expert tips for managing your cloud data ] “What we learned is that while it’s easy to get started, cloud is completely different from IT,” said Temujin Baker, senior manager of engineering and architecture for King County, Wash. “How you run your business in the cloud is different than how you run it” on premises. “There are changes in how you do your work, the skills that are needed, the process.” King County, with 220 connected sites and more than 13,000 employees, started migrating to the cloud in 2015, using AWS and Microsoft Azure.
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“The diabetes market is very price sensitive, and (net) prices have been declining for some time,” Caruso noted. That’s why J&J has been exploring the sale of its diabetes care businesses, which make test strips and insulin pumps, but will continue selling diabetes pill Invokana, whose sales fell 13 percent in the quarter to $284 million. The New Brunswick, New Jersey-based company on Tuesday reported net income of $4.42 billion, or $1.61 per share, down from $4.46 billion, or $1.59 per share, a year earlier. Earnings, adjusted for one-time costs, came to $1.83 per share, six cents above Wall Street expectations. Revenue totaled $17.77 billion, up 1.6 percent but below Street forecasts for $18.01 billion. In late-morning trading, J&J shares dropped $4.62, or 3.7 percent, to $121.10. Sales in J&J’s prescription drug business rose 0.8 percent to $8.3 billion. But top seller Remicade, an injected biologic drug for Crohn’s disease, rheumatoid arthritis and other immune disorders, saw sales decrease 6 percent to $1.7 billion. Near copy, or “biosimilar,” versions of Remicade have cut into its sales in Europe, where they’ve been available for much longer than in the U.S.
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