Category Archives: Cloud Hosting
Financial firms are increasingly turning to hybrid cloud – TechRadar
New research has revealed a major upcoming shift when it comes to hybrid cloud adoption among financial services sector businesses.
Despite observing a consistent year-on-year growth in the adoption of hybrid multicloud deployments, the findings from Nutanix predict a threefold increase in adoption over the next three years, hinting at the future landscape of the financial services sector.
The research claims data security, ransomware protection, implementing AI strategies and minimizing costs are among the key contributors to the upcoming growth of hybrid cloud adoption.
Alarmingly, almost all respondents (99%) reported experiencing a ransomware attack in the past three years, with a significant majority (89%) acknowledging the need for improvement in terms of enhancing their organizations' protection.
Its a sign of the times that hybrid multicloud adoption is set to triple as financial services users gear up for heightened cybersecurity risks as new regulatory requirements, such as the EUs 2025 Digital Operational Resilience Act (DORA), go into effect - making data protection and disaster recovery a hybrid multicloud imperative," noted Lee Caswell, SVP of Product & Solutions Marketing at Nutanix.
Looking ahead, Nutanix says that finance service companies have not changed their priorities when assessing the suitability cloud providers. Flexibility, security, and data capabilities remain as important as they were last year. The study also notes the financial industrys greater emphasis on sustainability and cost compared with other sectors.
Many financial enterprises cited data access performance, security, and regulatory compliance as the driving factors for relocating applications to different infrastructures.
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Looking ahead, despite tighter regulatory restrictions imposed on the sector, its clear that even financial enterprises are seeking to benefit from the various cost, efficiency and sustainability advantages of hybrid cloud setups. Moreover, the cloud market, already worth $300 billion, is in for a healthy uptick as a result.
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Financial firms are increasingly turning to hybrid cloud - TechRadar
CoreWeave signs another 70MW hosting deal with Core Scientific – DatacenterDynamics
CoreWeave is securing additional capacity at data centers owned by Core Scientific.
Cryptomine firm Core Scientific this week announced that GPU cloud provider CoreWeave is leasing a further 70MW from the company in a new 12-year deal.
Core Scientific will modify a total of 100MW of its owned infrastructure to deliver approximately 70MW to host CoreWeaves Nvidia GPUs for HPC operations.
Site modifications are expected to begin in the second half of 2024, with operational status anticipated in the second half of 2025.
The announcement comes after CoreWeave exercised its first option to contract additional infrastructure under the terms of the 200MW, 12-year hosting contract announced earlier this month. This deal adds 70MW to the originally contracted 200MW.
We are excited to build on our momentum and expand the scope of our HPC hosting business with significant additional infrastructure, said Adam Sullivan, Core Scientific CEO. The world is changing, and many data centers built in the last 20 years are not suitable to support future computing requirements. Our application-specific data centers will serve clients such as CoreWeave as they deploy next-generation chips with higher densities at scale.
Core Scientific said the deal will add an additional $1.225 billion in projected cumulative revenue over the 12-year contract timeline, in addition to the $3.5 billion previously predicted from the original deal. The new agreement with CoreWeave also provides opportunities for two renewal terms of five years each.
In addition to the 270MW already contracted and set to be delivered by H2 2025, CoreWeave retains options for a further 230MW at other Core Scientific sites.
Both CoreWeave and Core Scientific were founded in 2017 as crypto firms.
CoreWeave which counts Nvidia as an investor pivoted to a GPU cloud offering, providing access to GPUs for AI applications. Core Scientific, meanwhile has continued to focus on hosting cryptomining hardware for itself and others, and is increasingly starting to host AI-focused hardware.
The duo have worked together for several years. Core Scientific said it hosted thousands of CoreWeaves GPUs in its data centers from 2019 to 2022, and in March the companies announced CoreWeave was leasing 16MW of capacity from Core Scientific's Austin data center.
Under the 200MW deal announced earlier this month, Core Scientific said it will modify multiple existing, owned sites to host CoreWeaves Nvidia GPUs. The crypto-company intends to redeploy Bitcoin mining capacity from designated HPC sites to its other dedicated mining sites.
CoreScientific said that with 1.2GW of contracted power, the company is able to deliver nearly 500MW of HPC capacity. The company operates cryptomining data center campuses in Texas, North Dakota, Kentucky, Georgia, and North Carolina.
CoreWeave, meanwhile, has raised billions of dollars in equity and billions more in debt financing as it looks to become a major player in the AI cloud space. It has been on a major leasing spree in the last 18 months and previously said that it expects to operate 14 data centers by the end of 2023 and 28 by the end of 2024.
The company currently lists three data center regions on its website; US East in Weehawken, New Jersey; US West in Las Vegas, Nevada; and US Central in Chicago, Illinois, while its status page also lists a region in Reno. It has signed leasing deals with multiple providers across the US and is expanding into Europe.
Core Scientific filed for bankruptcy in late 2022 and emerged from proceedings earlier this year. This month it rejected an offer from CoreWeave to buy the company.
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CoreWeave signs another 70MW hosting deal with Core Scientific - DatacenterDynamics
Use cloud computing to accelerate GenAI adoption in healthcare with Microsoft AI – CIO
Certain healthcare organizations have been slow to embrace cloud computing despite its proven benefits, largely due to security concerns. But cloud caution will also likely hinder the healthcare sectors adoption of Generative AI (GenAI) applications. Healthcare IT leaders can make a business case to optimize the organizations cloud and GenAI investments to enable GenAI applications.
An experienced systems integrator paired with a hyperscaler such as Tata Consultancy Services (TCS) and Microsoft Azure can help healthcare IT leaders achieve these goals. This alliance can create a tailored package of ready-to-use, scalable infrastructure; a battery of cloud services; in-depth security; health-care specific platforms; and AI expertise.
How Cloud capabilities can satisfy GenAI requirements
Cloud computing offers a host of capabilities that directly enable GenAI applications:
Optimizing cloud environments for GenAI
To effectively deploy GenAI, healthcare IT leaders should consider the following steps to optimize their cloud environments:
How TCS accelerates cloud-based GenAI adoption for healthcare
An experienced systems integrator can simplify and accelerate these steps. TCS has a wealth of experience in systems integration, cloud optimization, and AI development. This includes:
The bottom line
By leveraging the expertise of a systems integrator like TCS, healthcare IT leaders can ensure their cloud architecture is optimized to enable and accelerate GenAI adoption.
To learn more, visit https://www.tcs.com/what-we-do/services/cloud/microsoft.
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Use cloud computing to accelerate GenAI adoption in healthcare with Microsoft AI - CIO
Oracle to invest $1bn in AI and cloud computing in Spain – DatacenterDynamics
Oracle is investing more than $1 billion in artificial intelligence (AI) and cloud computing in Spain.
The investment will enable Oracle to open a third cloud computing region in the country, located in Madrid.
It will be a public cloud region and will enable users to migrate workloads from their data centers to Oracle Cloud Infrastructure (OCI) while meeting local regulations including the Digital Operational Resilience Act (DORA) and the European Outsourcing Guidelines (EBA, EIOPA, ESMA).
Oracle is developing the cloud region in partnership with Telefnica Espaa.
The opening of the third Oracle cloud region in Spain is excellent news for our country, said Jos Luis Escriv, minister for digital transformation and public administration, Government of Spain. The investment announced by Oracle provides a significant boost that will help Spanish enterprises and public sector organizations innovate with AI and continue advancing on the path of digital transformation.
Miguel Lpez-Valverde, councilor for digitalization, Government of the Region of Madrid, said: We are convinced of the importance of public-private collaboration in this area, and of facilitating the development of cloud infrastructure in our region. Over the next three years, the region of Madrid is expected to receive investments of more than six billion Euros from the cloud industry, which is critical to helping us build a digital economy capable of creating high-quality jobs, attracting investment, and retaining talent.
Oracle also offers an EU Sovereign Cloud, launched in 2023, with a region in Madrid for data and applications that are sensitive, regulated, or need to meet data sovereignty requirements. The company also has an existing Oracle Cloud Region in Madrid which launched in 2022, making this new addition the company's third.
Spanish enterprises and public sector organizations are rapidly embracing the cloud to gain access to the latest digital technologies such as AI, and the upcoming public cloud in Madrid will help them address data residency requirements as well as regulations in key sectors such as financial services, said Albert Triola, country leader, Oracle Spain.
Customers of Oracle's Spain cloud regions include its hosting partner, Telefnica Espaa, and others including Banco Sabadell, Naturgy, and MasOrange.
Earlier this year, Microsoft launched a Madrid cloud region - Spain Central - which was part of the company's commitment to invest $2.1 billion in Spain between 2024 and 2025. That cloud region was also developed in partnership with Telefnica. The cloud giant has since committed to investing $7.16bn in new data centers in Aragon, Spain.
Google also has a Spanish region in Madrid that launched in May 2022.
Amazon launched an Amazon Web Services (AWS) cloud region in Aragon in November 2022. In May 2024, AWS announced it would invest 15.7 billion ($17bn) in expanding its Aragon region, with support from the local government.
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Oracle to invest $1bn in AI and cloud computing in Spain - DatacenterDynamics
Oracle to Invest More Than $1B in AI and Cloud Computing in Spain – Datanami
MADRID and AUSTIN, Texas, June 21, 2024 To meet the rapidly growing demand for its AI and cloud services in Spain, Oracle has announced plans to invest more than US$1 billion to open a third cloud region in Madrid and drive AI skills development across the country.
Telefonica Espaa to be the host partner for the region. Image credit: Oracle.
The new public cloud region will enable Oracle customers and partners across all industries in Spain, including its prominent financial services sector, to migrate mission-critical workloads from their data centers to Oracle Cloud Infrastructure (OCI) while helping them address regulations like the Digital Operational Resilience Act (DORA) and the European Outsourcing Guidelines (EBA, EIOPA, ESMA). Telefonica Espaa will be the host partner for the planned cloud region.
The upcoming cloud region in Madrid will help public and private sector organizations migrate all types of workloads to the cloud, modernize their applications, and innovate with data, analytics, and AI. Oracle is the only hyperscaler capable of delivering AI and a full suite of 100+ cloud services across dedicated, public, and hybrid cloud environments, anywhere in the world. This includes Oracle Autonomous Database, MySQL HeatWave Database Service, Oracle Container Engine for Kubernetes, Oracle Cloud VMware Solution, OCI Generative AI service, and OCI AI Infrastructure.
The opening of the third Oracle cloud region in Spain is excellent news for our country, said Jos Luis Escriv, minister for digital transformation and public administration, Government of Spain. The investment announced by Oracle provides a significant boost that will help Spanish enterprises and public sector organizations innovate with AI and continue advancing on the path of digital transformation.
It is great news that major technology multinationals such as Oracle are announcing this level of investment in the Region of Madrid, said Miguel Lpez-Valverde, councillor for digitalisation, Government of the Region of Madrid. We are convinced of the importance of public-private collaboration in this area, and of facilitating the development of cloud infrastructure in our region. Over the next three years, the region of Madrid is expected to receive investments of more than six billion Euros from the cloud industry, which is critical to helping us build a digital economy capable of creating high-quality jobs, attracting investment, and retaining talent.
Oracle also offers a separate EU Sovereign Cloud with one region in Madrid to help public and private sector customers with data and applications that are sensitive, regulated, or of strategic regional importance, move to the cloud. The Oracle EU Sovereign Cloud in Madrid is operated by EU-based personnel and supports workloads that fall under EU guidelines and requirements for sovereignty and data privacy.
Spanish enterprises and public sector organizations are rapidly embracing the cloud to gain access to the latest digital technologies such as AI, and the upcoming public cloud in Madrid will help them address data residency requirements as well as regulations in key sectors such as financial services, said Albert Triola, country leader, Oracle Spain. With our plans to invest an additional $1B in Spain over the next 10 years, we are reaffirming our commitment to helping Spanish organizations of all sizes and industries including those across Spains small and medium-sized enterprises and the financial services industry accelerate their adoption of cloud technologies to boost business performance and resilience.
OCI Provides Customers and Partners with a Resilient and Scalable Cloud Foundation
With the upcoming new region adding to the existing Oracle Cloud Region in Madrid, customers and partners can gain additional low-latency access to cloud services to help them derive better value from their data. Customers can also leverage high availability and disaster recovery capabilities to enhance business continuity and help address Spains and the EUs regulations and requirements for data residency, in addition to industry-specific requirements and regulations such as the Digital Operational Resilience Act (DORA) in the financial services sector.
Financial services organizations face unique regulatory requirements due to the fact that their workloads are inherently sensitive, and Oracle has developed capabilities and practices to help customers in the financial services sector address requirements for DORA and other key industry regulations. As part of continuing efforts to help financial services customers perform their due diligence, Oracle developed the Advisory: Oracle Cloud Services and the European Outsourcing Guidelines (EBA, EIOPA, ESMA) to enable customers to evaluate OCI in the context of their regulatory outsourcing guidance. In addition, Oracle Cloud Regions including the existing region and upcoming region in Madrid, as well as the EU Sovereign Cloud Region in Madrid offer backup and disaster recovery solutions to help address customers need for data availability and resilience.
In addition, OCIs sovereign AI capabilities provide customers with increased control over where they locate their data and computing infrastructure and how they manage it. As a result, customers can achieve AI sovereignty by gaining the assurance that their use of AI is aligned with data sovereignty frameworks.
OCIs unique cloud architecture enables Oracle to deploy dedicated cloud regions with hyperscale cloud services inside customer data centers and deploy more public cloud regions faster by starting with an optimal footprint and scaling as needed. This approach helps meet the needs of all countries and markets without compromising cloud capabilities, while also providing the consistent performance, SLAs, and global pricing for which OCI has become known.
Leading Organizations in Spain Welcome the Upcoming Public Cloud Region
Our partnership with Oracle has been paying off for decades. We have a stronger position in the market, combining the best capabilities of both companies, said Sergio Snchez, operations, network and IT director, Telefnica Espaa. On the one hand, we continue to migrate part of our mission-critical infrastructure to Oracles cloud to be more agile in delivering innovative products and services to our customers around the world. On the other hand, this is the third cloud region for which we have been trusted as a host partner, again positioning us as a leader in the data center industry.
We rely on Oracle to migrate our critical workloads to Oracle Cloud Infrastructure while complying with local regulatory requirements. OCI provides us with a robust and secure cloud infrastructure, said Enrque Rodrguez, director of technology services, Banco Sabadell. The arrival of the third Oracle Cloud Region in Spain will open significant opportunities for us in terms of utilizing new technologies such as AI across different areas of our business.
Naturgy is migrating a large part of its critical data infrastructure to OCI, which we selected for its scalability, performance, and price competitiveness, said Rafael Blesa, general manager of information systems, Naturgy. The upcoming arrival of Oracles third cloud region in Spain is great news as it will allow us to migrate low-latency and critical infrastructure support systems to the cloud while improving their security and resilience.
The worlds digital transformation is now unstoppable, and organizations everywhere need to adapt to remain relevant and competitive, said Ravin Dhalani, CIO, MASORANGE. Cloud technologies play a critical role in the telecommunications industry, enabling vendors to meet demand for high-speed services while enhancing operational efficiency and productivity. We are excited about Oracles upcoming third cloud region in Spain, which will help us advance our innovation on OCI.
About Oracle Distributed Cloud
Oracles distributed cloud delivers the benefits of cloud with greater control and flexibility. Oracles distributed cloud lineup includes:
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at http://www.oracle.com.
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Oracle to Invest More Than $1B in AI and Cloud Computing in Spain - Datanami
Oracle to invest more than $1bn in AI and cloud computing in Spain – Verdict
Oracle, a US technology company, has announced an investment exceeding $1bn (930m) in Spain, focusing on artificial intelligence (AI) and cloud computing advancements.
This investment, which will be made over the period of ten years, will be used to establish a third cloud region in Madrid, to cater to the increasing demand for Oracles AI and cloud services within the country.
Oracle launched the first cloud region in 2022.
Madrids upcoming cloud region is designed to facilitate the migration of diverse workloads to the cloud for both public and private sector entities.
It aims to modernise applications and foster innovation through data, analytics, and AI, while also ensuring compliance with stringent regulations such as the Digital Operational Resilience Act and the European Outsourcing Guidelines.
Telefnica Espaa has been selected as the host partner for this new cloud region.
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Oracle also operates an EU Sovereign Cloud, which already has a region in Madrid.
This specialised cloud service caters to customers handling sensitive, regulated, or strategically important data and applications.
The EU Sovereign Cloud in Madrid is managed by EU-based personnel and is tailored to support workloads that must comply with EU guidelines on sovereignty and data privacy.
Spains Minister for Digital Transformation and Public Administration Jos Luis Escriv said: The opening of the third Oracle cloud region in Spain is excellent news for our country. The investment announced by Oracle provides a significant boost that will help Spanish enterprises and public sector organizations innovate with AI and continue advancing on the path of digital transformation.
Oracle Spain country leader Albert Triola said: Spanish enterprises and public sector organisations are rapidly embracing the cloud to gain access to the latest digital technologies such as AI, and the upcoming public cloud in Madrid will help them address data residency requirements as well as regulations in key sectors such as financial services.
With our plans to invest an additional $1bn in Spain over the next 10 years, we are reaffirming our commitment to helping Spanish organisations of all sizes and industries including those across Spains small and medium-sized enterprises and the financial services industry accelerate their adoption of cloud technologies to boost business performance and resilience.
Oracles announcement follows its recent collaborations with Google Cloud and OpenAI for its cloud infrastructure.
In April, Oracle disclosed plans to invest more than $8bn in the next ten years to support the growing demand for cloud and AI infrastructure in Japan.
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Oracle to invest more than $1bn in AI and cloud computing in Spain - Verdict
Cloud computing: the features of digital transformation | by JK-EDUCATE | Jun, 2024 – Medium
Photo by rivage on Unsplash
Cloud computing is a HUGE deal these days. It's changing how businesses work and how we store our stuff. From basic apps to complex work programs, the cloud makes computing better. This article will explain what cloud computing is, the different types, real examples, and huge benefits. We'll also answer common questions so you have a good understanding of this important tech.
Cloud computing lets you use computing power and services over the internet instead of owning computers yourself. Things like servers, storage, programs, analytics, and smarts are all delivered through "the cloud." Companies can rent what they need online from cloud providers instead of running their own IT departments. Pretty cool, right?!
On-Demand Access: You can get what you need automatically without talking to anyone.
Internet Access: You can access your stuff from anywhere with an internet connection.
Shared Resources: Provider's equipment is shared by many users at once in a multi-user system. Resources are assigned as needed.
Flexibility: Resources can expand or shrink quickly based on your needs.
Metered Usage: Your usage is tracked so you only pay for what you use like storage or computing power.
PUBLIC CLOUD: Services through the normal internet shared by many users, like AWS, Azure, GCP.
PRIVATE CLOUD: A separate cloud just for your company housed on your servers or a provider's.
HYBRID CLOUD: Combines a public and private cloud for flexibility. COMMUNITY CLOUD: Shared infrastructure for groups with common needs.
COST SAVINGS: No hardware or IT staff costs.
SCALABILITY: Grow or shrink resources easily.
SPEED: Fast app development and access to powerful tools.
BACKUP & RECOVERY: Simple backup and disaster protection.
The earliest ideas came from J.C.R. Licklider in the 1960s with the ARPANET computer network. His work laid the foundation. Others like John McCarthy also contributed.
Client devices access data and apps using remote servers, databases, and computers over the internet. A central server handles all user requests and data super smoothly in the back-end.
Yes! Google Drive lets you store files online, sync across devices, and share - making it a cloud storage service.
Businesses, schools, government, healthcare, and developers all use the cloud. It's become essential for organizations worldwide.
Cloud computing is revolutionizing how we approach IT. Whether you're a big company or individual, cloud solutions deliver flexibility, scalability and value. Cloud computing will only grow in importance as technology evolves. It's definitely something worthwhile understanding!
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Cloud computing: the features of digital transformation | by JK-EDUCATE | Jun, 2024 - Medium
AWS unveils major investment, new cloud region in Taiwan as cloud demand grows – TechRadar
Amazon Web Serivces (AWS) has committed to investing billions of dollars in Taiwan over the next 15 years to expand its cloud infrastructure in the Asia-Pacific region.
Initial investments are expected to be confirmed as early as 2025, with billions likely earmarked as part of its long-term commitment (via The Wall Street Journal).
The new AWS Region in Taiwan will feature three Availability Zones comprising isolated locations with their own data centers equipped with independent power, cooling and physical security.
The cloud infrastructure boost will enable businesses in the region to access increasingly popular artificial intelligence and machine learning tools via high-bandwidth, low-latency, local sites.
Amazons investment in the region, which builds on its decade-long history with Taiwan, is part of a broader strategy to expand its infrastructure in the Asia-Pacific region. Just last month, AWS committed $9 billion to enhance its cloud services in Singapore over the next five years. It has also recently confirmed a $6 billion investment in Malaysia and $5 billion for Thailand.
The current 105 Availability Zones within 33 AWS Regions are expected to grow by a further 21 Availability Zones and seven Regions in coming years.
Of the eight million individuals the company claims to have trained across the Asia-Pacific-Japan region since 2017, only 100,000 people were Taiwan citizens. The latest announcement and upcoming confirmation will likely include further training efforts and economic benefits in the country.
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More broadly, the companys reasonably aggressive expansion comes as a response to similar efforts by Google and Microsoft, which have also committed to growing their Asia-Pacific footprints.
Clearly, though, its working. AWS remains Amazons most profitable unit, accounting for $25 billion in revenue in the first quarter of 2024, representing a mighty 17% year-over-year growth.
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AWS unveils major investment, new cloud region in Taiwan as cloud demand grows - TechRadar
Oracle confirms Microsoft is using its cloud infrastructure to support OpenAI – TechRadar
Microsoft has partnered with Oracle to prop up its Azure AI platform by running workloads on Oracle Cloud Infrastructure (OCI).
The news, (via The Register), follows Oracles chair and Chief Technology Officer (CTO) Larry Ellisons piece during the companys Q4 2024 earnings call, in which he stated with confidence that the company was building a a very, very, you know, large data center, very big, and that as much as half of it was reserved for Microsoft alone.
Like most other tech companies, Oracle and Microsoft are laser-focussed on fusing cloud computing and artificial intelligence workloads. This seems to be working for Oracle at the very least, earning $14.3 billion in Q4 alone, with cloud service licencing revenues rising nine percent to provide $10.2 billion of that figure.
Oracle CEO Safra Catz was keen to posture about the cloud pivot driving these revenues, and emphasize the importance of the companys revenue, earnings, cash flow performance [and] growth rates [...] [getting] stronger and [accelerating].
Despite Oracle reporting in 2024 that its cloud infrastructure revenue has grown by 50% year-on-year, Catz said that she wants and expects the needle to move faster next year.
Ellison, who already has a very, you know, strong grasp of this topic, discussed the need to grow the operation, dreaming out loud of larger and larger data centers. Some are getting very close to, dare I say it, a gigawatt, which is a pretty good-sized city or one enormous AI cloud training data center.
Elsewhere in the crystal ball, Oracle is keen to announce another partnership with Google that will, later this year, allow that company's cloud customers to leverage OCI to 'help accelerate their application migrations' and deploy AI-assisted workloads with no data-transfer charges.
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The fruits of that labor, Google Cloud's 'Cross-Cloud-Interconnect', is set to launch later this year.
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Oracle confirms Microsoft is using its cloud infrastructure to support OpenAI - TechRadar
Interior Department Awards 7 Spots on $2B Foundation Cloud Hosting Services II Contract – GovCon Wire
The Department of the Interior has selected seven companies for a potential 10-year, $2 billion follow-on contract for cloud license and support services.
The awardees under the Foundation Cloud Hosting Services 2 indefinite-delivery/indefinite-quantity contract are Accenture Federal Services, IBM (NYSE: IBM), CGI Federal, Cognosante, Science Applications International Corp. (NYSE: SAIC), Smartronix and Zivaro, according to award notices.
The department issued a solicitation for the multiple-award FCHS2 contract in April 2023.
According to the statement of work, FCHS2 requires software, infrastructure and platform as a service license and support services for hosting applications, storage, backup, archival/disaster recovery, virtual machine, database hosting, web hosting, development and test environment and application hosting services.
Cloud service offerings should provide bundled workspace tools, including a combination of compute, software, operating system and storage resources.
The contractors should provide technical advisory services to enable the government to fully migrate their target applications and services to the cloud, create pre-award plans, use automated toolsets for discovery and be prepared to establish environments for development, production, integration and sandbox purposes to support the complete systems lifecycle.