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This Top Cloud Computing Stock Is Starting to Look Like a Great Deal – The Motley Fool

October 4, 2022 | Author: admin

The bear market of 2022 has been brutal to software stocks, and some of them are rightfully being punished. Fast growth is good, but profitability matters. And many upstart cloud software companies have been found to be deficient in this department.

That's not the case for Dynatrace (DT 3.10%). The company is dedicated to growing profitably, and the financial results show it. Nevertheless, headed into the fourth quarter of 2022, shares sold off some 45% this year as the stock gets hammered along with the rest of the tech market. Here's why Dynatrace is starting to look like a good deal.

One reason the market is being clobbered relates to fears of a recession. As economic downturn risk increases, many organizations tighten up their budgets. But the top brass at many cloud companies say they're still growing because "digital transformation" remains a top priority. That makes sense, as investing in digital processes helps a business get more efficient and saves resources in the long run.

That's the story Dynatrace's top team preached this year as well. As giant corporations (Dynatrace's focus) migrate more of their operations to the cloud, they need a new set of tools to ensure these new IT capabilities and cloud-based apps operate properly. That's where cloud observability comes in.

Dynatrace's platform covers everything from application performance monitoring to security to tech infrastructure monitoring. And unlike a lot of legacy software, this toolset doesn't just inform an IT department if something is amiss. It also suggests and helps automate a fix. Data volume and complexity are booming as cloud adoption ramps up, so this kind of automation is mission critical for mega-corporations.

But what if cloud industry growth slows down? At a recent tech conference, CEO Rick McConnell pointed out that the cloud hyper scalers Amazon AWS, Microsoft Azure, and Alphabet's Google Cloud collectively hauled in about $160 billion in revenue in Q2 2022, growing at a 36% year-over-year pace. Even if that rate of increase slows a bit, the cloud universe is doing just fine.

And since Dynatrace generally follows the route of cloud industry expansion, it's doing just fine as well. Its revenue increased 34% year-over-year in its last quarter, even as many of its big customers started reducing spending as recession worries mounted.

For its 2023 fiscal year (the 12-month period that will end in March 2023), Dynatrace expects revenue to be up at least 21% (or up at least 26% when excluding foreign currency exchange rates) to about $1.13 billion. Along the way, free cash flow profit margin should be about 28%, a very healthy rate for a growth company.

Granted, this is a slowdown from the recent past. Economic uncertainty and the U.S. dollar's historic run-up are weighing on revenue and profits. McConnell and company also decided earlier this year to invest a little of the company's cash into expanding its salesforce. Over the next year or two, management sees those free cash flow margins edging back up toward 30% as that investment is digested.

And thanks to its steady generation of fresh cash, Dynatrace's balance sheet has also rapidly improved since its IPO in 2019. Once saddled with liabilities, this company is now cash- and short-term-investment positive net of debt.

Data by YCharts.

This debt payoff hasn't hindered Dynatrace's development of more tools, though. McConnell has said the infrastructure monitoring module is pulling in about $100 million a year in sales now, but growing at a much faster rate than revenue overall. The more recently released app security module is well on its way to reaching $100 million in annualized revenue. And a new tool that has been in the works for a few years now, data log management (Splunk's primary software capability), is almost ready to be unveiled. Based on Dynatrace's conversations with customers, log management is expected to also very quickly ramp up to $100 million a year in sales.

After getting dragged down by the market overall, Dynatrace stock now trades for 32 times enterprise value to free cash flow. It's a rare software company that is reporting fast growth and robust free cash flow generation. I think it could be time to nibble here if you are looking for quality cloud computing stocks to hold for the next few years.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Nicholas Rossolillo and his clients have positions in Alphabet (C shares), Amazon, and Dynatrace, Inc. The Motley Fool has positions in and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Microsoft, and Splunk. The Motley Fool has a disclosure policy.

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This Top Cloud Computing Stock Is Starting to Look Like a Great Deal - The Motley Fool

Google to build its first cloud region in Greece – Reuters

October 4, 2022 | Author: admin

ATHENS, Sept 29 (Reuters) - Alphabet Inc's Google will set up its first cloud region in Greece, the company said on Thursday, giving a boost to the country's efforts to become a world cloud computing hub.

The deal is estimated to contribute some 2.2 billion euros ($2.13 billion) to Greece's economic output and create some 20,000 jobs by 2030, Prime Minister Kyriakos Mitsotakis said.

Since taking office in 2019, Mitsotakis's conservative government has stepped up moves to diversify the economy and attract foreign investment and high tech companies to the country which emerged from a decade-long financial crisis in 2018.

"Today, we are very pleased to be announcing our first cloud region in Greece which will provide storage and cloud services for Google customers," said Adaire Fox-Martin, president of Google Cloud International, announcing the investment at an event in Athens.

The investment would enable organisations to better use their data, help improve low latency and ensure users' security in the face of cybersecurity threats, she said.

A cloud region usually is based around a cluster of data centres.

Google's investment comes two years after Microsoft Corp. decided to build a data centre hub in the country.

Amazon Inc's cloud computing division also opened its first office in Greece last year to support what it said was a growing number of companies and public sector agencies using its cloud services.

($1 = 1.0333 euros)

Reporting by Angeliki Koutantou. Editing by Jnae Merriman

Our Standards: The Thomson Reuters Trust Principles.

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Google to build its first cloud region in Greece - Reuters

IBM Cloud: Hybrid Clouds Offer Innovation, but Not Without Challenges – ITPro Today

October 4, 2022 | Author: admin

The benefits of hybrid cloud computing are compelling, and many IT leaders are opting for hybrid offerings as part of their digital transformation journeys. A hybrid cloud allows organizations to keep some data within an on-premises infrastructure while outsourcing other computing needs to public cloud services. The benefits of such a model include cost optimization, scalability, and flexibility in meeting data sovereignty requirements. The overwhelming downside is the complexity of managing such a model.

In a report titled IBM Transformation Index: State of the Cloud, released this week, survey findings indicated that IT and business professionals understandthe benefits of hybrid cloud usage and believethat a multicloud approach isnecessary to modernizing cloud technology. However, survey respondents pointed to security concerns, lack of skills, and compliance issues as limiting factors that impede cloud goals. According to IBM's study, more than half of the respondents were concerned with security, while 53% cited difficulties with compliance. Perhaps most notably, nearly 70% said they believed their teams lacked the skills needed to successfully manage cloud environments.

Related: Will Hybrid Cloud Save You Money? Predict Your Hybrid Cloud Costs

With the global increase in industry regulations comes complexities with compliance. Over half of the professionals polled said that ensuring compliance in the cloud is already too difficult to manage. Given the hybrid models siloed approach to managing workloads over a more holistic approach to managing multicloud environments, there is greater risk of Frankenclouds, or a cloud network that is disconnected and difficult to navigate, thus hard to secure against data breaches and security blindspots.

Despite efforts to increase data security, and 6 in 10 respondents reporting that they use security tools (including but not limited to VPNs, multifactor authentication, and Confidential Computing), 32% of respondents said that security threats were the top barrier to integrated workloads across cloud environments.

Yet with 77% of the respondentsalready using hybrid clouds, the question is not if enterprises will adopt hybrid models, but how they will face the challenges that come along with integration. IBM Cloud CTO Hillery Hunter said she sees a possible solution in industry-specific clouds. [Industry-specific clouds that] take a data privacy and risk-based approach are key to a successful hybrid cloud strategy for enterprises, Hunter said. IBM Cloud for Financial Services, for example, includes built-in security and compliance controls designed specifically for this heavily regulated industry.

In response to survey findings, IBM plans to release tools for enterprisesto track their transformational journey while assessing their progress against other companies. The tools will focus on efficiently diagnosing obstacles and offering benchmarks for success, IBM said.

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IBM Cloud: Hybrid Clouds Offer Innovation, but Not Without Challenges - ITPro Today

Getting into the cloud? Focus on service more than just names – Healthcare IT News

October 4, 2022 | Author: admin

While many big names in cloud service and technology are increasingly tapping into the growing cloud market in Asia-Pacific, healthcare organisations are advised to keep their focus on quality service and service availability when looking for cloud providers.

In the keynote session "A Case for Cloud-based Solutions," Dr Hee Hwang, CEO of Kakao Healthcare, and Aster DM Healthcare Group CIO Veneeth Purushotaman highlighted the challenges and opportunities for cloud adoption in APAC's healthcare scene.

Dr Hwang noticed that most countries in the region are availing cloud services mainly from global providers except for China and South Korea, which tap into local providers like Naver and Kakao. There is hesitance from these markets about the capability of global providers to offer security when they supposedly have one backup centre in one area.

Over in India, it has been a "natural transition" from a digital-first to cloud-first strategy as the pandemic has given an impetus for many providers and solutions to move onto the cloud, said Purushotaman.

India has a huge cloud market, which he said is expected to rise from around $3 billion this year to $13 billion over the next three to four years. Most industries in the country are said to be already on the cloud.

However, some have adopted a hybrid approach, particularly for hospital information systems, given the locations of hospitals and clinics where there could be potential disruptions. "Even if I got a primary and a secondary network [running], they could still end up in trouble, which is why we consciously keep it as a hybrid model where there is an offline-online feature," Purushotaman said.

"In a country like India, this part of the world where the volume of transactions and the scale are very high, so you want to be nimble enough; being on the cloud and using cloud computing is the best way to go," he said.

For smaller health systems that are just getting into the market now, Purushotaman suggested focusing on what service the cloud providers are "bringing to the table than just their names."

Hurdles to cloud adoption

According to Hwang, it has been difficult to get CIOs on board cloud adoption given two major concerns. One is about privacy and security. While this may not be an issue for the top 1% of university hospitals in the country, the remaining 99% find this a significant concern. "No one single hospital can guarantee the same levels of privacy and security," he said.

Another major worry is the efficiency of cloud systems. Hwang said vendors are partly responsible for the misunderstanding of many hospital executives regarding the cost benefits of moving to the cloud. "Many hospital management expect some kind of decreasing total revenues related with [setting up cloud] infrastructures, bringing down 70% or 80% of total revenue cost. But in reality, it is actually nearly the same as, sometimes even higher than, on-premise systems."

"I think vendors need to [rec]consider their strategies in selling their solutions to hospitals," he suggested.

Meanwhile, government regulations too can be an issue for cloud adoption, Dr Hwang pointed out. In South Korea for example, global cloud service providers are finding it difficult to meet requirements to comply with national regulations. There are two evaluation systems of cloud solutions for privacy and security while there are more specific guidelines for utilising the cloud in the public sector. "I think there are some ridiculous points in those guidelines but still, every government has its own rules and regulations," he said.

Moreover, software solutions that are mostly being provided in many APAC countries are not cloud-ready, Dr Hwang mentioned. "These are originally designed for on-premise services, which lack some critical architecture such as microservice architectures, DACA containers, etc."

"For scalability, more flexible operation, and efficiency, we need to have [appropriate] software which meets all the requirements for the cloud systems," he advised. Nowadays, many hospitals and vendors in South Korea are developing innate, cloud-oriented EHR systems for different types of hospitals.

Also, Dr Hwang proposed that hospitals keep their data within their systems, whether it's hybrid, cloud, or on-premise. "The main point is the hospital should handle the ownership of their clinical data."

Getting into cloud

When considering the next generation of technologies such as metaverse and IoT, Dr Hwang emphasised the critical role of cloud technology in capturing and manipulating data. "For the hospital side having a cloud system is going to be critical in meeting the technical requirements [for enabling emerging health technologies] and making your operations efficient."

Meanwhile, for Purushotaman, "it is no more a question of whether or not we need to get into the cloud; It's more of how much of your assets are on the cloud and how much or not and when will I make the rest of them go onto the cloud."

"Affordability and accessibility [of care] can only come through digitisation, from which cloud and cloud computing have an important role."

Debating the role of hyperscale cloud providers in 5G – Urgent Comms – Urgent Communications

October 4, 2022 | Author: admin

LAS VEGAS #MWC22 Mike Murphy has a unique view into the future of 5G.

Murphy has been developing wireless technologies for almost four decades, first at Nortel, then at Nokia andnow at Ericsson. Today, hes the North American CTO for Ericsson, the only network equipment supplier currently providing midband 5G gear to all of the big US operators: AT&T, Verizon and T-Mobile.

And here at the MWC trade show, Murphy said theres one new technological quandary thats soaking up his attention: How 5G providers will work with hyperscale cloud providers. He said the problem is difficult enough and important enough that he has assigned four Ericsson technicians to work on it full time.

Thats all they do, he said.

Broadly, Murphy said hes trying to figure out how the cloud computing market and the telecom market might work together. How do you converge the two worlds? he asked.

Its a question that some of the worlds biggest technology companies from Dell to Amazon to AT&T to Google to Ericsson to Qualcomm are struggling with.

That time the hyperscalers invaded MWC

We are at an inflection point in the industry where the cloud is being adopted more and more by the telecom segment, said Ishwar Parulkar, the chief technologist for telecom and edge cloud at Amazon Web Services (AWS),here at the MWC show.

AWS, Microsoft (via its Azure cloud) and Google Cloud have all made their intentions plain: They want to bring the telecom industry into the cloud.

To do so, each companycreated telecom-specific business units, staffed bya large number of well-known telecom veterans, and have beensending phalanxes of executives to the telecom industrys biggest trade shows.

Thats not really a surprise, of course. A wide range of industries from media to government to financial services have already put much of their core digital infrastructure into the cloud. Why shouldnt telecom?

And to a degree, telecom network operators have already done so. Many have moved significant portions of their systems from customer service programs to IT operations into the cloud. The next obvious step is to put theirnewly virtualized, software-defined network functionsinto the cloud too.

After all, the cloud is endlessly scalable and instantly available.

At least, thats the argument.

Cloud native, cloud wary

No hyperscaler supports five nines, Ericssons Murphy said, citing the 99.999% network-uptime goal that most telecom providers share.

Murphy explained that most of todays cloud computing providers cant provide the kind of orchestration, data management and security services that network operators need for their core network services.

To read the complete article, visit Light Reading.

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Debating the role of hyperscale cloud providers in 5G - Urgent Comms - Urgent Communications

Insights on the Microduct Cable Global Market to 2027 – Advancements In Cloud Computing and Communication Networks is Driving Growth -…

October 4, 2022 | Author: admin

DUBLIN--(BUSINESS WIRE)--The "Microduct Cable Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027 Segmented By Installation Environment, By Type, By Duct Type, By Diameter, By Material, By Application, By Region" report has been added to ResearchAndMarkets.com's offering.

The Global Microduct Cable Market stood at USD992.15 million in 2021 and is forecast to grow at a CAGR of 14.18% through 2027 to reach USD2130.57 million by 2027.

Growing Construction and Electronics Industry

The Government of India issued the National Electronics Policy 2018, with the goal of achieving domestic electronics manufacturing by 2025. This is likely to increase the uptake of modern technologies like 5G, IoT, AI, and machine learning. Therefore, a new generation of fiber optic cable and high-speed connection technologies is laying the groundwork for 5G networks.

Even though they all are wireless technology, it necessitates a greater number of fibre and copper connections to connect equipment within the radio access network domain and back to the routing and core network architecture. Furthermore, the demand for construction is increasing due to huge economic growth in developing countries and low interest rates in a number of developed countries.

Also, factors such as rising private sector investments in construction, technological development, and rising disposable income are anticipated to propel the growth of the microducts cable market during the forecast period. Moreover, increased infrastructure and housing spending by governments across the globe is responsible for the huge installation of microduct cables.

Advancements In Cloud Computing and communication networks

Cloud computing helps enterprises use remote servers hosted on the internet to store, manage, and process critical data. The increasing volume of data generation in websites and mobile apps, the rising focus on delivering customer-centric applications for driving customer satisfaction, and the growing need to control and reduce capital expenditure (CAPEX) and Operational Expenditure (OPEX) are a few factors driving the growth of the emerging technologies. Emerging technologies, such as big data, AI, and Machine Learning (ML), are gaining traction, leading to the growth of cloud computing globally.

Increasing Number of Data Centers

Reflecting the recent advancement of cloud computing and other big-data processing technologies, a growing number of large-scale data centers are currently being constructed. As a future increase in data transmission capacity between these facilities is expected, the demand for high-count, high-density optical cables is growing.

Optical cables that connect these data centers are usually installed in cable ducts located outdoors, which requires technology that allows high-density installation of these cables in a limited conduit space. To meet this demand, we have developed a series of high-fiber-count, high-density optical cables that are flexible in all directions. Therefore, such cables' high data transmission capacity is why most data centers adopt fiber optic telecom cables. Hence, this trend will likely boost the market for telecom and microduct cables in data centers.

Expansion of Fiber Optic Network to Connect Data Centers

The increased deployment of data centers is expected to fuel the market expansion of fiber optic cable installation. Fiber optic cables are used for intra-data center and inter-data center communications. For intra-data center connectivity, data is transmitted within data centers located in buildings or on campuses using optical interconnects.

Inter-data center optical interconnects, on the other hand, operate at the metro or long-haul interconnect levels because they connect two or more data centers. The optical link between two data centers can be thousands of kilometres long and must transmit data at high speeds. As a result, massive amounts of data bandwidth are required for these data centers to send massive amounts of data over long distances. As a result, the global market for microduct cables is being driven by the growing demand for bandwidth and power in data centers.

Growing Adoption of FTTH Connectivity

Fiber-to-the-home (FTTH) is a technology that uses fibre optics to deliver internet access to individual customers' homes. Fiber-to-the-Premises (FTTP) technology provides high-speed internet connectivity directly from a central location to individual homes and businesses.

Companies Mentioned

Report Scope:

In this report, the Global Microduct Cable Market has been segmented into the following categories in addition to the industry trends which have also been listed below:

Microduct Cable Market, By Installation Environment:

Microduct Cable Market, By Type:

Microduct Cable Market, By Duct Type:

Microduct Cable Market, By Diameter:

Microduct Cable Market, By Material:

Microduct Cable Market, By Application:

Global Microduct Cable Market, By Region:

For more information about this report visit https://www.researchandmarkets.com/r/li1sb0

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Insights on the Microduct Cable Global Market to 2027 - Advancements In Cloud Computing and Communication Networks is Driving Growth -...

Inside the Mind of a C-Suite Executive: What to Expect in Cybersecurity in 2023 – Spiceworks News and Insights

October 4, 2022 | Author: admin

As many as 70% of C-suite executives believe organizations have significantly improved in the last 12 months in securing their organizations from cyber threats. According to PWCs 2023 Global Digital Trust Insights report, this was made possible by a higher level of security collaboration and investments in the domain.

Most senior executives said their organizations security teams were able to improve in ten of the most important security sub-domains. These include operational technology (OT) security (79%), ransomware defense (77%), security and privacy approach to product development (75%), the efficiency of cyber resources (75%), collaboration with engineering (73%), cyberattack response (72%), supply chain risk management (70%) and more.

However, only one in four (26%) of C-suite respondents said their teams could accomplish all ten, and fewer than 40% believe they have fully mitigated the risks that arose due to the sudden shift to remote work and the digital cloud, and that will persist going into 2023.

Besides remote work and cloud computing, PwC listed eight other emerging cyber risks, including increased data volumes, the convergence of IT and OT, IoT use, digitization of supply chain, digitization of back-office operations, and entering new markets, all of which have been mitigated by only 3% of respondents.

Percentage of Organizations That Have Mitigated Cyber Risks Associated With Above | Source: PwC

However, security gaps in tech and operations come later. Where the threat comes from is an integral part of addressing future threats.

Most executives are concerned that mobile devices will be leveraged as an attack pathway by 41% more in 2023, followed by email (40%), cloud (38%), web applications (37%), human error/insider threat (37%), third parties (34%), endpoints (33%), software supply chain (32%), remote access portals (32%), IoT (29%), and OT (26%).

When it comes to the types of attacks expected to be prevalent in 2023, C-suite respondents are concerned about business email compromise/account takeovers (33%), ransomware (32%), compromise of cloud management interfaces (31%), hack-and-leak (30%), third-party breach (29%), compromise of the software supply chain (26%), IP theft (26%), IIoT breaches (26%), DDoS (25%), and more.

See More: Hacking Your Security Behaviors: CISOs Share Best Practices for 2022

Furthermore, PwCs survey covered the who part of cyberattacks, to which 65% of senior executives said that cybercriminals are the biggest threat. Sabotage from hacktivists (48%), insiders (44%), and competitors (42%) are the subsequent three concerns, followed by nation-states (27%).

PwCs report details the inter-executive opinions on the organizational cybersecurity posture and what keeps them up at night when looking at future threats.

The bad news is that only one in five or 19% of CIOs, CISOs, and CTOs are confident their organizations have taken steps to secure against cloud breaches (one of the most prevalent attack vectors). Also, more than half (56%) of COOs and CROs are extremely or very concerned about their companys ability to fend off a supply chain attack.

The good news is that 46% of CEOs want to empower CISOs to drive security collaboration, and 51% of CEOs and board members seek cyber risk management plans in case business or operational elements are altered.

The survey pointed to five capabilities that need to be advanced to ward off future threats: Identify, Protect, Detect, Respond, and Recover.

Five Capabilities CISOs Believe Need to Advance | Source: PwC

For additional details on the C-suite playbook for cybersecurity in 2023, refer to PwCs full report.

Note: PWCs 2023 Global Digital Trust Insights survey was conducted in July and August 2022. The findings of the report are based on responses from 3,522 business, technology, and security executives (CEOs, corporate directors, CFOs, CISOs, CIOs, and C-Suite officers), 52% of which lead companies with a revenue of $1 billion and above, and 16% of which lead companies with $10 billion or more.

Respondent organizations are engaged in industrial manufacturing, tech, media, telecom; financial services, retail and consumer markets, energy, utilities, and resources; health, and government and public services across western Europe, North America, Asia Pacific, Latin America, Eastern Europe, Africa, and the Middle East.

Let us know if you enjoyed reading this news on LinkedIn, Twitter, or Facebook. We would love to hear from you!

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Inside the Mind of a C-Suite Executive: What to Expect in Cybersecurity in 2023 - Spiceworks News and Insights

SUBARU Goes Live with Oracle Cloud Infrastructure for High Performance Computing – PR Newswire

October 4, 2022 | Author: admin

Automaker moves simulation and 3D visualization workloads for improving crash safety performance and driving experience to OCI; gainscost effective computing capabilities

AUSTIN, Texas, Sept. 29, 2022 /PRNewswire/ -- Oracle today announced that SUBARU Corporation has moved its simulation and 3D visualization workloads responsible for improving the quality of collision safety performance and driving performance to Oracle Cloud Infrastructure (OCI). SUBARU was able to improve its development cycle, gain significant efficiencies and reduce operational costs by reducing computational timeframes by approximately 20 percent withHigh Performance Computing (HPC) on OCI.

With a focus on improving drivers' "Enjoyment and Peace of Mind," SUBARU is implementing improvements to enhancedesign and development efficiency, agility, and flexibility. To achieve this, SUBARU recognized it needed to increase the resources supporting its computationally intensive HPC workloads that perform vast and complex simulations to improve its vehicles' collision safety and performance. Aware of how cloud technology is being used in the automotive industry to provide HPC resources to support computer aided engineering (CAE) simulations, SUBARUselected OCI to move its large HPC workloads of up to tens of thousands of cores to OCI from an on-premises environment.

"Our goal has always been to be a trusted partner for our customers and to provide attractive and distinctive products that bring enjoyment and peace of mind. We rely on technology to help us continuously improve and innovate so that we can offer the best experience to our customers. Being able to quickly conduct the vast number of simulations needed to improve crash safety and driving performance is a key focus for us. We selected OCI HPC to improve the speed of computations of collision simulations and to optimize costs. OCI gives us access to the cloud tools we need so we can automate and run jobs seamlessly, enabling faster design and development,"said Mr. Yoshihiro Takekuma, IT Operation and Management Section, Engineering Information Management Department, SUBARUCorporation.

Using OCI bare metal HPC computing,coupledwithfast cluster networking, which delivers less than 2 microseconds of latency and 100 Gbps of bandwidth, SUBARU now has the computing resources it needs to scale rapidly to meet demand peaks. Previously, system expansion within its on-premises environments was often restricted by lack of space, power, cost, and IT resources. Since using OCI to deliver consistent high performance and greater stability for its computational fluid dynamics (CFD) simulations, SUBARU has been able to make improvements to the internal acoustics of its vehicles to deliver a quieter drive. It has also enabled SUBARU to eliminate any variation in computation of collision analysis, by providing ideal conditions to perform structural calculations.

OCI also supports various third-party solutions through Oracle Cloud Marketplaceto help customers quickly find applications and services that can help them optimize their cloud deployments, including from Altair, a global leader in computational science and artificial intelligence (AI). SUBARU has further reduced costs by using the cloud bursting function of Altair PBS Professional in combination with OCI to start the nodes required for calculation and delete the nodes when the calculation is completed, bringing flexibility to the allocation of resources.

"In automotive engineering, having access to powerful and affordable HPC, is essential to run the computationally intensive and highly latency sensitive simulations and calculations needed to deliver the best outcomes when it comes to car safety and the driving experience. By providing high performance and elasticity at lower cost, OCI HPC is idealfor companies like SUBARU that require large simulation environments. We look forward to OCI fueling further technological innovations for SUBARU and contributing to their improved competitiveness,"said Karan Batta, vice president, Oracle Cloud Infrastructure.

ARGO GRAPHICS Inc., one of SUBARU's long-term IT partners, supported the migration of SUBARU's HPC workloads to OCI, which started operations in May2022.

SUBARU also leveraged Oracle Cloud Lift Services as part of its initial verification process to support its proofof conceptto help issues relating to cloud migration with its production machine testing environment. Oracle Cloud Lift Servicesalso providedSUBARU and ARGO GRAPHICS withthe necessary OCI HPC skills training.

SUBARU selected OCI HPC in December 2021.

Additional Resources

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 atwww.oracle.com.

Trademarks

Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

SOURCE Oracle

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SUBARU Goes Live with Oracle Cloud Infrastructure for High Performance Computing - PR Newswire

From DevOps to front-end – a guide to high-techs most wanted jobs – CTech

October 4, 2022 | Author: admin

The high-tech sector constantly creates an ever increasing number of roles, professions and areas of expertise, but many of them sound like complete gibberish to anyone who isnt deeply involved in the ecosystem.

The following list attempts to explain as simply as possible the meaning and significance of many of these roles.

1 View gallery

High-tech employees.

(Photo: Boaz Oppenheim)

Application security administrator

The person responsible for identifying failures in the security of the organization's products and its developments, as well as advising on ways to solve them. Works in collaboration with engineering teams in order to constantly improve the security level of the software. In most cases, employers will be looking for someone who understands a thing or two about app development processes and is aware of the challenges faced by the teams involved. This is a senior position where experience and knowledge are of great importance.

Artificial intelligence security specialist

An expert in artificial intelligence security is one of the most desirable positions in high-tech today, however, not everyone can be one. In order to become an expert in a serious organization, a huge amount of combined knowledge in engineering and computer science is required, as they need a very high level of knowledge and skills in order to create reliable protection systems for machines or software that can "think for themselves".

This position in a hardware company involves converting code into design of a circuit or chip in preparation for their production - that is, they are a major factor in the design and production of chips. In a software company, they are responsible for developing web applications on the server side, including writing the interfaces - which requires various programming languages, including Python, Java and Ruby. This is a full-time engineering job with, for the most part, quite a few trips abroad.

A data architect, like a structure architect, describes what the data environment and its structure should look like. The data engineer uses the information they are given to build the environment. Broadly speaking, these are people whose job it is to put data in order. Without them, vast amounts of business data is useless.

The business systems analyst specializes in drawing conclusions and formulating business insights based on the processing and analysis of information. Based on the conclusions, the organization makes decisions.

Business intelligence specialist

A business intelligence expert, or a business intelligence analyst, knows how to fish for qualified information, identify market trends and create tools for locating and monitoring necessary information. This is a very senior job, with a high salary (typically almost twice that of a business systems analyst).

The cloud architect is responsible for converting the technical requirements of any project into the architecture and design of the final product. In the process, they bridge gaps between business problems and solutions in the cloud environment - the server on which the organization's activities are actually carried out, which is far away from the base of operations. They work closely with DevOps leaders in order to make sure that the technologies that are built are suitable for the environment in which they are supposed to operate.

Software engineer with a specific specialization in cloud computing. One who knows how to both program and connect to a cloud environment effectively and safely.

An IT (information technology) expert who builds and maintains cloud structures.

Cloud system administrator

The cloud system administrator develops, maintains and solves problems in the network connections of the cloud computing resources in the organization.

The database manager uses dedicated software to store and organize information in the organization. They are responsible, among other things, for planning, implementing, decoding, security and problem solving in everything related to information.

The role of the data quality manager is to ensure that the information on which the organization is based is "quality" - that is, it meets high standards with regard to its collection and may contribute to the growth and success of the organization.

The data analyst reviews raw data and extracts insights about the organization's customers and ways in which the information can be used to solve various problems. As part of the role, the information analyst conveys the data collected to the organization's management and shareholders.

The data analytics developer provides the organization with the software with which accurate data analytics can be conducted.

The data scientist works closely with the shareholders in the organization in order to understand their goals and decide what information the organization needs to help achieve them. These high-tech employees design information flow processes and build different algorithms and models in order to extract the information the company needs and then helps management decipher it.

DevOps is essentially an organizational culture that emphasizes collaboration and communication between the software developers and the rest of the IT personnel in the company, with a constant preference for automation. The goal is to speed up and optimize processes when it comes to software development, and in the process strengthen its reliability and stability. That is, to integrate as holistically as possible between the programming department and the information technology department. The role of the DevOps engineer is to develop tools and methodologies to balance the different needs of each of the parties throughout the software development life cycle. These tools can be codes, updates, and monitoring and maintenance tools.

The person responsible for the continuous operation and maintenance of the technologies in the organization, as well as the services it provides and receives. The purpose is to anticipate, improve and upgrade the company's services, software and hardware. This is a senior position that carries a lot of responsibility, and that is the reason it is at the top of the ranking of the highest paying high-tech positions.

A front-end developer builds websites and applications using web languages such as Java, HTML and CSS.

Information technology and computer maintenance expert who helps organizations operate the computers and internal communication systems.

A professional in the field of information technologies and communication networks leading the development and implementation of computer systems in the corporate network.

The role of the IT security engineer is to take care of the ongoing operation of the corporate systems, to fix bugs and problems and to respond to security incidents in real time.

Information assurance analyst

A senior employee who carries out a variety of roles related to the integration of changes in software systems. Their main responsibility concerns cybersecurity risks and adapting the software to deal with those risks.

The network architect designs LAN and WAN systems used to transmit information, including intra-organizational communication systems.

Responsible for the maintenance of the organization's communication systems.

A software engineer who specializes in creating platforms, tools and interfaces that can be used in various ways.

The product manager should identify the customer's needs and adapt the organization's goals to them. Among other things, they define in advance what the success of the product should look like and lead a team that makes the vision a reality.

The reliability engineer is involved in assessing the probability of failures, preventing failures, improving safety, reliability, and maintaining a product or system. For this purpose, they use software that promises reliability.

Software quality assurance analyst

The person in the organization responsible for formulating quality principles and standards during software development, who accompanies the process and outlines its character.

An employee whose role it is to provide technical support to the company's customers and employees.

Technical product manager

A product manager with a rich technical background, who focuses on managing the technical side of product development.

The UI designer is responsible for designing all pages related to the user interface, including the individual elements that appear on those pages. They make sure that each individual screen looks good and that all the pages fit together into a nice interface.

The role of a UX designer is to make a product or service easy to use, enjoyable and accessible. In short, make the user experience as good as possible.

A person who creates and maintains websites.

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From DevOps to front-end - a guide to high-techs most wanted jobs - CTech

The Pros and Cons of Offsite Data Storage – CPAPracticeAdvisor.com

October 4, 2022 | Author: admin

Enterprise-grade storage is the lifeblood of cloud computing. As a result, global businesses have an insatiable appetite for data storage, according to Cybersecurity Ventures, and it is estimated that there will be over 200 zettabytes of data by 2025. This eye-watering amount demonstrates the enormous demand, especially considering that a zettabyte equals one billion terabytes.

Since the Covid-19 global pandemic, offsite storage has become the go-to place for data storage. Demand for centralized storage services like Google Drive and Dropbox has grown exponentially.

Join us as we discover the advantages and disadvantages of offsite storage, learning why demand is so high along the way.

Offsite storage is storage hardware relocated at a remote, geographically disparate location. Popular examples include:

Lets jump straight into the pros.

So that is our top pros and cons for offsite data storage. We are witnessing a paradigm shift towards cloud computing, and offsite cloud storage is making a real difference for business and personal users worldwide.

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Richard Bailey is the Lead IT Consultant at Atlantic.Net, a growing and profitable cloud hosting company that specializes in HIPAA compliance.

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The Pros and Cons of Offsite Data Storage - CPAPracticeAdvisor.com

Cloud Hosting

This Top Cloud Computing Stock Is Starting to Look Like a Great Deal – The Motley Fool

Google to build its first cloud region in Greece – Reuters

IBM Cloud: Hybrid Clouds Offer Innovation, but Not Without Challenges – ITPro Today

Getting into the cloud? Focus on service more than just names – Healthcare IT News

Debating the role of hyperscale cloud providers in 5G – Urgent Comms – Urgent Communications

Insights on the Microduct Cable Global Market to 2027 – Advancements In Cloud Computing and Communication Networks is Driving Growth -…

Inside the Mind of a C-Suite Executive: What to Expect in Cybersecurity in 2023 – Spiceworks News and Insights

SUBARU Goes Live with Oracle Cloud Infrastructure for High Performance Computing – PR Newswire

From DevOps to front-end – a guide to high-techs most wanted jobs – CTech

The Pros and Cons of Offsite Data Storage – CPAPracticeAdvisor.com

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