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Researchers Furious Over Claim That AI Is Already Conscious – Futurism

February 15, 2022 | Author: admin

After OpenAIs chief scientist brazenly claimed that some neural networks may already be gaining consciousness, others in the field are pushing back.

The backlash comes after we pointed out yesterdaythat OpenAI cofounder Ilya Sutskever had cryptically claimed that it may be that todays large neural networks are slightly conscious.

After publication, the responses came rolling in,with some representing the expected handwringing about sentient artificial intelligence, but many others calling bull.

Every time such speculative comments get an airing, it takes months of effort to get the conversation back to the more realistic opportunities and threats posed by AI, UNSW Sidney AI researcher Toby Walsh chimed in.

Valentino Zocca, a deep learning expert whose day job is as a vice president at Citi, had a similarly hot take, claiming that AI is NOT conscious but apparently the hype is more important than anything else.

Independent sociotechnologist Jrgen Geuter, who goes by the pseudonym tante online, quipped in response to Sutskevers tweet that it may also be that this take has no basis in reality and is just a sales pitch to claim magical tech capabilities for a startup that runs very simple statistics, just a lot of them.

That take was echoed by software testing specialist Michael Bolton not the singer of the same name who joked that it may be that Ilya Sutskever is slightly full of it, or, perhapseven maybe more than slightly.

Leon Dercynski, an associate professor at the IT University of Copenhagen, ran with the same idea.

It may be that theres a teapot orbiting the Sun somewhere between Earth and Mars, he bantered. This seems more reasonable than Ilyas musing, in fact, because the apparatus for orbit exists, and we have good definitions of teapots.

Still others, including Microsoft Norway data scientist and former DeepMind researcher Roman Wepachowski responded to the news with a meme approach.

These critics, it should be noted, are not wrong to point out the outlandishness of Sutskevers claim it was not only a departure for OpenAI and its chief scientist, but also a pretty unusual comment to make, given that up to this point, most who work in and study AI believe that were many years away from creating conscious AI, if indeed we ever do.

Sutskever, for his part, seems unbothered by the controversy.

Ego is (mostly) the enemy, he said this morning.

READ MORE:OpenAI Chief Scientist Says Advanced AI May Already Be Conscious

More AI boasts:Elon Musk Says Tesla Robots Could Achieve AGI

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Forget the Stock Split: Here Are 5 Better Reasons to Buy Alphabet – The Motley Fool

February 15, 2022 | Author: admin

Google parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) recently announced it would be splitting its stock 20-for-1 later this year. As a result, individual shares will become a lot more affordable for those without the ability to buy partial shares.

Stock splits don't do anything to increase or decrease the underlying value of the business. However, they have traditionally been associated with bullish price action and positive sentiment on the part of management.

A company splitting its stock is the last reason to buy shares. Investors should always focus on business fundamentals and business value, not the mere share price. Yet for Alphabet, there are a lot of fundamental reasons to own shares well beyond the stock split.

Image source: Getty Images.

Google has a practical monopoly in online search, which may be the greatest business of all time. According to Oberlo, Google garnered a 91.4% market share of the global search market. With that much scale, Alphabet can afford to invest what it needs to widen its moat against rivals, while also raking in tremendous profits.

Even more than 20 years after launching its search engine, Alphabet's growth isn't letting up. In the recently reported fourth quarter, Google's search business grew a stunning 36% -- an incredible rate for a business that made over $43 billion in revenue just in Q4 alone.

Unlike other social-media stocks that have been struggling, Google Search is less susceptible to recent iOS operating-system changes that have enhanced privacy at the cost of lowering ad targeting capabilities. Perhaps that's why Alphabet's digital-ad revenue came in strong last quarter, likely taking share from social-media stocks that have had to adapt to the new landscape.

Alphabet can also use data from Google Search to fuel recommendations for YouTube, its entertainment-content platform that also saw incredibly strong 25% growth last quarter.

If Search weren't the greatest business in the world, another strong candidate would be cloud infrastructure. Although Alphabet was a late entrant into the cloud-computing market, it seems to have solidified a third-place position in this highly attractive industry. Last quarter, Google's cloud segment surged 44.6% on a $22 billion annual run rate, which is really impressive.

Google Cloud is still losing money, but operating losses have been narrowing, down nearly 30% in the last quarter. That's a very good indicator that Google Cloud could one day become a very profitable business and another core leg of growth outside of digital ads.

It takes tremendous capital and technology requirements to participate, so it looks as though the cloud-infrastructure market will settle into an oligopoly structure with three main players, Alphabet being one. Gartnerpredicts that more than 50% of total IT spend will go to the cloud by 2025, up from 41% in 2022, and the total cloud industry will more than double over the next four years.

With a solid position in this high-growth market, Google should benefit handsomely from the transition to cloud computing over the next decade and beyond.

Aside from Alphabet's main businesses, the company also has its "moonshot" segment called Other Bets. These businesses are currently losing money and don't produce much revenue, and are thus a big drag on results. But while these current services are a drag on results today, any one of them could turn into a big business in the future.

Other Bets most notably includes the autonomous-driving start-up Waymo, which has been in a pilot service for over a year in Phoenix, Arizona. Calico is another interesting venture that aims to use technology to extend the human lifespan. Meanwhile, Verily is a modernized health-data science platform focused on breakthrough innovation.

The good news, as we'll see below, is that the investing community doesn't seem to be ascribing much value to any of these other bets. So they almost act as free call options on potential high-upside breakthroughs.

One thing to note about Alphabet is that it spends a huge amount on research and development for artificial intelligence (AI) applications. AI is quite relevant across all of Alphabet's businesses, from Search to ad networks to YouTube to Cloud.

On the recent conference call with analysts, CEO Sundar Pichai illuminated how AI is leading to new breakthroughs even beyond its core businesses, which could lead to big opportunities in the future:

[AI Innovations are] also powering innovations beyond Search. For example, DeepMind's protein-folding system AlphaFold was recently recognized by Nature & Science Magazine as a defining breakthrough. To illustrate the scale of the team's achievement, it took scientists more than 50 years to figure out the structure of 150,000 proteins. The DeepMind team has now expanded that number to 1 million, and they think they will get to more than 100 million this year.

As indicated by this seminal achievement, AI not only powers Alphabet's current businesses, but should also continue to open up new business opportunities throughout the 21st century.

Finally, investors can get all of these great businesses for a low, low price. Consider this: When you back out the losses from Cloud and Other Bets, Alphabet's profit-making businesses made $92 billion in operating income last year and $87.1 billion when accounting for all corporate overhead. That would equate to about $70 billion in net income.

Alphabet trades at a $1.87 billion market cap today, but when subtracting out the company's excess $140 billion in cash, its enterprise value comes to just about $1.73 billion. Alphabet's stock today trades at just about 24.7 times trailing earnings on its core businesses, adjusted for cash. That's certainly not a high price to pay for Alphabet's amazing core ad, subscription, and hardware businesses, which are collectively growing 30%-plus.

That excludes the cloud business, which is currently generating losses but likely has significant positive value, as well as Other Bets. Not only is Google executing at a high level today, but it's practically a value stock at these levels.

While the upcoming stock split is nice, it's not the main reason to buy this tech-industry leader. It's a great business at a reasonable price, and that never goes out of fashion.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Global Crowd Funding Market Business Opportunities and Forecast to 2029 Crowd Cube Capital, Seedrs, Kickstarter The Grundy Register – The Grundy…

February 15, 2022 | Author: admin

A market study Global Crowd Funding market examines the performance of the Crowd Funding market 2022. It encloses an in-depth analysis of the Crowd Funding market state and the competitive landscape globally. The Global Crowd Funding Market can be obtained through the market details such as growth drivers, latest developments, Crowd Funding market business strategies, regional study, and future market status. The report also covers information including Crowd Funding industry latest opportunities and challenges along with the historical and Crowd Funding market future trends. It focuses on the market dynamics that is constantly changing due to the technological advancements and socio-economic status.

Get free copy of the Crowd Funding market report 2022: https://calibreresearch.com/report/global-crowd-funding-market-183117#request-sample

Recent market study Crowd Funding Market analyses the crucial factors of the Crowd Funding market based on present industry situations, market demands, business strategies adopted by Crowd Funding market players and their growth scenario. This report isolates the Crowd Funding market based on the key players, Type, Application and Regions. First of all, Crowd Funding market report will offer deep knowledge of company profile, its basic products and specification, generated revenue, production cost, whom to contact. The report covers forecast and analysis of Crowd Funding market on global and regional level.

COVID-19 Impact Analysis:

In this report, the pre- and post-COVID impact on the market growth and development is well depicted for better understanding of the Crowd Funding Market based on the financial and industrial analysis. The COVID-19 pandemic has affected a number of market and Global Crowd Funding Market is no exception. However, the dominating players of the Global Crowd Funding Market are adamant to adopt new strategies and look for new funding resources to overcome the rising obstacles in the market growth.

Crowd Cube Capital

Seedrs

Kickstarter

Indiegogo

GoFundMe

Fundable

CircleUp Network

MicroVentures Marketplace

Have Any Query Of Crowd Funding Industry Report 2022: https://calibreresearch.com/report/global-crowd-funding-market-183117#inquiry-for-buying

Non-Equity Sources

Equity Sources

Small And Medium-Sized Enterprises (SMEs)

Large Enterprises

North America Market(United States, North American country and Mexico),Europe Market(Germany, Crowd Funding France Market, UK, Russia and Italy),Asia-Pacific market (China, Crowd Funding Japan and Korea market, Asian nation and Southeast Asia),South America (Brazil, Argentina, Republic of Colombia etc.), geographic regionAfrica (Saudi Arabian Peninsula, UAE, Egypt, Nigeria and South Africa)

The Crowd Funding report provides the past, present and future Crowd Funding industry Size, trends and the forecast information related to the expected Crowd Funding sales revenue, growth, Crowd Funding demand and supply scenario. Furthermore, the opportunities and the threats to the development of Crowd Funding market forecast period from 2022 to 2029. also covered at depth in this research document.

Get Complete Report for Better Understanding : https://calibreresearch.com/report/global-crowd-funding-market-183117

Further, the Crowd Funding report gives information on the company profile, market share and contact details along with value chain analysis of Crowd Funding industry, Crowd Funding industry rules and methodologies, circumstances driving the growth of the market and compulsion blocking the growth. Crowd Funding Market development scope and various business strategies are also mentioned in this report.

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Global Crowd Funding Market Business Opportunities and Forecast to 2029 Crowd Cube Capital, Seedrs, Kickstarter The Grundy Register - The Grundy...

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APPLICATIONS ARE OPEN FOR THE JRUE AND LAUREN HOLIDAY SOCIAL IMPACT FUND PROVIDING UP TO $1,000,000 TO BLACK-OWNED BUSINESSES AND NON-PROFITS -…

February 15, 2022 | Author: admin

Our commitment to doing our part only grows stronger after seeing the life changing impact of the JLH Fund.

Kia Wells, a second round JLH Fund recipient and founder of Voices Corp., shared "Being a recipient of the JLH Fund grant has helped us to add new positions to increase capacity, scale services, and deepen our impact, as well as reduce the males in Marion County returning to the system. We are also able to increase economic mobility and both access and quality of education for our community."

Alexys Feaster, founder of The Kinship Advisors, is managing the JLH Social Impact Fund. She added, "The grantees in the JLH Social Impact Fund are immediately welcomed into this larger ecosystem, this community of support that we've built. Beyond the funding and mentorship, we have intentional partners and organizations that recognize our 360-degree model of providing funds, programming, and services. Major brands are now looking to us a leader in this space to collaborate with and build stronger communities focused on economic development."

An example of intentional collaboration is the JLH Fund's new partnership with Motorola andLenovo. The Lenovo Foundation has awarded support to the JLH Fund in the amount of a $50,000 cash donation. Motorola will donate 300 Moto G Stylus phones to help JLH Fund grantees incentivize their crowd funding campaigns and implement a "pay it forward" initiative, while also capturing content that documents their journey within their communities.

Working with Renee King, founder of FundBlackFounders, grantees receive coaching and training to expand their funding opportunities, including the creation of crowdfunding campaigns, that increase community engagement. King adds, "Jrue and Lauren are doing work that builds the foundation for these underrepresented businesses and organizations and the door is wide open for others to support them in this space."

Kara Still, founder of Prosperity Market and a second round JLH Fund recipient, shared "It is not just about the money - it's about the fact that we have a space where Black owners can be supported and uplifted."

Applications for the JLH Social Impact Fund are open now until Friday, February 25, 2022. To apply, visit http://www.jlhfund.org

For media inquiries, partnership opportunities or for more information, email [emailprotected]

About The Kinship AdvisorsThe Kinship Advisors is a Black woman-owned agency that closes the gaps and provides culturally connected strategic advisory for athletes, entertainers, and businesses resulting in greater impact in underserved communities, expanded brand development and transformative experiences. For more information, visit thekinshipadvisors.com.

About FundBlackFounders.com FundBlackFounders.comis a Black-owned and operated, socially conscious, rewards crowdfunding platform that allows everyday people to fund Black-owned businesses from start to profitability.

SOURCE Jrue and Lauren Holiday Social Impact Fund

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Global Cloud Computing in Higher Education Market to 2027 – by Institute Type, Application, Ownership, Deployment and Region – PRNewswire

February 15, 2022 | Author: admin

DUBLIN, Feb. 14, 2022 /PRNewswire/ -- The "Global Cloud Computing in Higher Education Market" report has been added to ResearchAndMarkets.com's offering.

The global Cloud Computing in Higher Education market held a market value of USD 2,182.4 Million in 2020 and is forecasted to reach USD 8,779.1 Million by the year 2027. The market is anticipated to register a CAGR of 22% over the projected period.

Cloud computing in higher education assists teachers, administrators, and students in their education related activities. It helps teachers for uploading learning materials, students to access their homeworks, and administrators to easily collaborate with each other and save money on data storage. Increasing adoption of SaaS based cloud platforms in higher education and growing adoption of e-learning is anticipated to boost the market growth. Furthermore, rising IT spending on cloud infrastructure in education coupled with increasing application of quantum computing in education sector is also expected to fuel the market growth.

Despite the driving factors, cybersecurity and data protection risks are estimated to restrain the market growth. Also, lack of compliance to the SLA and legal & jurisdiction issue is estimated to negatively hamper the market growth. Furthermore, rigid design of cloud-based systems is also expected to hinder the market growth during the forecast period.

Growth Influencers:

Increasing adoption of SaaS based cloud platforms in higher education

Adoption of SaaS based cloud platforms have increased in many industries. In the higher education sector, adoption of these platforms increased rapidly during the COVID-19 pandemic. This is because the transition to virtual learning has driven many institutions for reevaluate the longevity of their technology stack. Furthermore, various advantages associated with SaaS based platform are expected to boost the market growth. These benefits include fewer IT demands & constraints on capacity, greater flexibility to meet needs, enhanced collaboration, less down time, data recovery, enhanced security, and predictable monthly expenses. Therefore, increasing adoption of SaaS based cloud platforms in higher education is estimated to fuel the market growth.

Regional Overview:

Based on region, the global Cloud Computing in Higher Education market is divided into Europe, North America, Asia, Middle East, Africa, and South America.

The North America region is expected to hold the largest market share of around 29% owing to the rising adoption of technologically advanced products in the U.S. and Canada. The Asia Pacific region is anticipated to witness the fastest growth rate of around 26.6% owing to growing awareness regarding cloud computing technologies in the region.

Competitive Landscape:

Key players operating in the global Cloud Computing in Higher Education market include Adobe Systems, Inc., Alibaba Group, Cisco Systems, Inc., International Business Machines (IBM) Corporation, Netapp, Oracle Corporation, NEC Corporation, Microsoft Corporation, VMware, Inc., Amazon Web Services, Inc., Ellucian Company L.P., Dell EMC, Salesforce.com, SAP, and Blackboard, among others.

The approximate market share of the top 4 players is near about 61%. These market players are engaged in mergers & acquisitions, collaborations, and new product launches to strengthen their market presence. For instance, in August 2021, Oracle was appointed by the Ministry of Electronics and Information Technology, Government of India (MeitY) for providing empanelled cloud infrastructure solutions.

The global Cloud Computing in Higher Education market report provides insights on the below pointers:

The global Cloud Computing in Higher Education market report answers questions such as:

Key Topics Covered:

Chapter 1. Research Framework

Chapter 2. Research Methodology

Chapter 3. Executive Summary: Global Cloud Computing in Higher Education Market

Chapter 4. Global Cloud Computing in Higher Education Market Overview4.1. Industry Value Chain Analysis4.1.1. Software Developers4.1.2. Technology Integrators4.1.3. Service Providers/Owners4.1.4. End-User4.2. Technology Lifecycle4.2.1. Early Adopters & Pioneers use cases 4.2.2. Digital Transformation Trend and Impact of Market Growth4.3. Porter's Five Forces Analysis4.3.1. Bargaining Power of Suppliers4.3.2. Bargaining Power of Buyers4.3.3. Threat of Substitutes4.3.4. Threat of New Entrants4.3.5. Degree of Competition4.4. PEST Analysis4.5. Market Dynamics and Trends4.5.1. Growth Drivers4.5.2. Restraints4.5.3. Challenges4.5.4. Key Trends4.6. Competition Dashboard4.6.1. Market Concentration Rate4.6.2. Company Market Share Analysis (%), 20204.6.3. Competitor Mapping4.7. Pricing Analysis

Chapter 5. Cloud Computing in Higher Education Market Analysis, By Institute Type5.1. Key Insights5.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)5.2.1. Universities5.2.2. Technical Schools5.2.3. Ivy League Schools (Universities)5.2.4. Community Colleges & Others

Chapter 6. Cloud Computing in Higher Education Market Analysis, By Ownership6.1. Key Insights6.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)6.2.1. Public Institutes6.2.2. Private Institutes6.2.3. Corporate Learning

Chapter 7. Cloud Computing in Higher Education Market Analysis, By Application7.1. Key Insights7.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)7.2.1. Administration7.2.1.1. Payments7.2.1.2. Calendar (Scheduling & Planning)7.2.1.3. Identity and Access Management7.2.2. Content/Document Storage & Management7.2.3. Unified Communication (Email, video conferencing/seminars)7.2.4. Others

Chapter 8. Cloud Computing in Higher Education Market Analysis, By Deployment8.1. Key Insights8.2. Market Size and Forecast, 2017 - 2027 (US$ Mn)8.2.1. Private Cloud8.2.2. Public Cloud 8.2.3. Hybrid Cloud 8.2.4. Community Cloud

Chapter 9. Global Cloud Computing in Higher Education Market Analysis, By Geography

Chapter 10. North America Cloud Computing in Higher Education Market Analysis10.1. Key Insights10.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type10.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application10.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership10.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment10.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 11 Europe Cloud Computing in Higher Education Market Analysis11.1 Key Insights11.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type11.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application11.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership11.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment11.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 12 Asia Pacific Cloud Computing in Higher Education Market Analysis12.1 Key Insights12.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type12.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application12.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership12.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment12.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 13 South America Cloud Computing in Higher Education Market Analysis13.1 Key Insights13.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type13.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application13.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership13.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment13.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 14 Middle East Cloud Computing in Higher Education Market Analysis14.1 Key Insights14.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type14.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application14.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership14.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment14.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 15 Africa Cloud Computing in Higher Education Market Analysis15.1. Key Insights15.2. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Institute Type15.3. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Application15.4. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Ownership15.5. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Deployment15.6. Market Size and Forecast, 2017 - 2027 (US$ Mn), By Country

Chapter 16. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook) *16.1. Adobe Systems, Inc.16.2. Alibaba Group16.3. Cisco Systems, Inc.16.4. International Business Machines (IBM) Corporation16.5. Netapp16.6. Oracle Corporation16.7. NEC Corporation16.8. Microsoft Corporation16.9. VMware, Inc.16.10. Amazon Web Services, Inc.16.11. Ellucian Company L.P.16.12. Dell EMC16.13. Salesforce.com16.14. SAP16.15. Blackboard

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

Media Contact:

Research and Markets Laura Wood, Senior Manager [emailprotected]

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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Philips is betting big on the cloud; two leaders discuss the connected future – Medical Design & Outsourcing

February 15, 2022 | Author: admin

Royal Philips (NYSE:PHG, AEX:PHIA) bet big on the cloud in 2021, buying Capsule Technologies for $635 million to integrate Capsules medical device integration and data technologies with Philips cloud-based digital health platform.

The Philips Capsule Medical Device Information Platform (MDIP) can now integrate with more than 1,000 unique types of medical devices, the Dutch medtech giant said in October.

To help understand whats possible in medtech with the cloud,Medical Design & Outsourcing asked two leaders at Philips Virtual Care Solutions Business Category Leader Christine Stormand Informatics Transformational Programs Leader Bas Kuppens to offer their perspectives. The following exchange has been edited for space and clarity.

MDO: What are some surprising and inspirational examples of what cloud computing enables with regard to medical device design, manufacturing and capabilities/performance?

STORM: When the pandemic started, health systems were forced to pivot and adapt to new technologies to improve patient and staff experiences and safety. Solutions that were slowly evolving suddenly became in high demand. From here came the realization that health systems were not well-equipped to respond to rapidly changing care needs, largely due to the fragmented, vulnerable, and expensive IT landscape in which they operate.

When it comes to healthcares digital transformation, the need for effective data sharing across technologies and systems has increasingly become essential in helping our customers improve clinical and operational outcomes. Standardization is key to radically simplify IT infrastructures and bring transparency and predictability to total cost of ownership. When this new era starts to take shape, individual point solutions will have limited value and will need to be replaced with interconnected solutions that offer clinicians the right data at the right time.

In an emerging environment dependent on connectivity and agility, two key developments have emerged in the race to achieve connected care through digital transformation: platform approach and cloud computing. The shift to digital platforms is not new to many industries, but healthcare is playing catch-up, as many healthcare organizations are not yet equipped with IT infrastructures that can keep up with the pace of change. In fact, according to a recent McKinsey report, more than 30% of global economic activity could be mediated by digital platforms in six years, yet experts estimate only 3% of established companies or institutes have adopted an effective platform strategy.

Cloud technology can help deliver a healthcare system that is much more interconnected, scalable and modular. This will allow providers and systems to adjust to continuously evolving needs and shift the focus from the procedure to the patient. Through the cloud, data can be accessed anytime and anywhere an essential requirement for new models of care delivery where patient information must be visible in care settings including the home, outpatient clinics, and traditional hospital environments. Combining data from across these care settings can offer more insights to caregivers, enabling them to make more informed decisions.

MDO: What are some previously unthinkable advances that now seem increasingly likely to become reality?

STORM: Connecting massive systems of information and fragmented sources of data onto one continuous platform has proven to be a challenge historically, but the healthcare industry has made staggering advances. To seamlessly connect people, workflows and information using informatics, healthcare organizations will increasingly transition to secure, scalable cloud technology platforms that house integrated informatics solutions to consolidate and veer away from individual point solutions.

In healthcare, there are many data sources holding personal, operational and clinical data such as EMR, Laboratory, ECG, PACS or other data lakes. At the same time, many patients and caregivers are trying to access the information using applications or solutions along the care pathways but are struggling to access this data due to a very fragmented IT infrastructure. Digital platforms, such as Philips HealthSuite, provide the capabilities to unlock and integrate the data from various sources, and allow caregivers and patients to interact seamlessly with this data, and gain actionable insights from it.

MDO: And finally, what sort of big, futuristic dreams do these or other advancements inspire?

KUPPENS: Digital platforms are the enabling technology that can bring us closer to achieving the virtual hospital of the future, with patient and consumer-centric care delivery. This technology will enable caregivers to unlock the power of data and tie it together through ecosystem services and extract value using smart algorithms, allowing for more informed decisions. The cloud will facilitate access from across a patients care continuum, from anywhere. This allows us to work closely with our customers to develop meaningful solutions that give patients, their families and caregivers a better experience and drive better clinical and operational outcomes along the way.

As part of this transformation journey, the healthcare IT industry will go through several steps. Today, healthcare institutions often implement multi-point solutions to solve specific workflow needs. Because these solutions are all on-premise occupying scarce real estate and adding to the burden of owning the technology stacks, interoperability and inability to take a patient-centric view on data remain a challenge.

Many healthcare institutions are entering the phase of migrating these point solutions to the cloud. This allows caregivers to extract value from data coming from multiple care settings and consume innovation much more quickly and efficiently. Subsequently, ecosystems will start to grow, further unlocking data and tapping into the scalability of cloud computing.

As a last step in this journey, further modularization of platform capabilities will take place. This will pave the way for a composable healthcare enterprise, built from a series of loosely coupled platform capabilities or microservices. These microservices can be used as building blocks to construct true customer-specific solutions and will help to further accelerate innovation in healthcare.

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Cloud Computing in Retail & Consumer Industry & Its Revenue Shift Amazon Web Services, Microsoft, Google Cloud Platform, IBM, Artha Systems…

February 15, 2022 | Author: admin

This remarkable Cloud Computing in Retail & Consumer Market Report 2021-2028 is the precise depiction of the whole market scenario. Studying potential deficits along with the issues encountered by major industries is possible through this report. It focuses on social, financial and economic elements related to the industry, which enhance the key players in their decision making. Comprehensive analysis of macro-economic indicators, governing factors and parent market trends along with market attractiveness is also presented in this Cloud Computing in Retail & Consumer report according to segments. Compilation of industry contributors around the value chain, qualitative estimation by business analysts and inputs from industry specialists present this report in the first-hand information form.

Here, users will know facts on the competitive landscape, future target market, and market scenario forecasting for the years 2021-2028. Since information graphics are employed to give data, one will receive a clear view of the total market. One of the goals of this appealing Market Report is to provide a complete list of components that affect overall growth. It goes beyond the fundamentals of Market to sorting, complex structures, and solutions. It also aids in corporate decision-making by giving comprehensive market research on financial performance and market strategy. The impact of the COVID-19 pandemic on several businesses is documented in this Cloud Computing in Retail & Consumer Market report.

Major Manufacture: Amazon Web Services, Microsoft, Google Cloud Platform, IBM, Artha Systems LLC, Cloud4Wi, Commercetools, NextOrbit, PlumSlice Labs, retailcloud, Springboard Retail and SPS Commerce.

On the basis of application, the Cloud Computing in Retail & Consumer market is segmented into:

Segmentation on the Basis of Type:

Table of Content

1 Report Overview

1.1 Product Definition and Scope

1.2 PEST (Political, Economic, Social and Technological) Analysis of Cloud Computing in Retail & Consumer Market

2 Market Trends and Competitive Landscape

3 Segmentation of Cloud Computing in Retail & Consumer Market by Types

4 Segmentation of Cloud Computing in Retail & Consumer Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Cloud Computing in Retail & Consumer Market in Major Countries

7 North America Cloud Computing in Retail & Consumer Landscape Analysis

8 Europe Cloud Computing in Retail & Consumer Landscape Analysis

9 Asia Pacific Cloud Computing in Retail & Consumer Landscape Analysis

10 Latin America, Middle East & Africa Cloud Computing in Retail & Consumer Landscape Analysis

11 Major Players Profile

It also performs valuing between cost, benefit and key players of the determined market sectors. In addition, it gives overview on the estimation of the Keyword Market. This type of analysis separates market by key regions like North America, Europe, Latin America, Asia Pacific and Africa. It even depicts key drivers, which influence market challenges, growth, and threats. Separate analysis is made in this Keyword Market Research on industry growth and individual growth. It also allows you to analyze the growth policies widely. Key emerging developments are introduced here to show their impact on existing and upcoming development.

Cloud Computing in Retail & Consumer Market Intended Audience:

Cloud Computing in Retail & Consumer manufacturers

Cloud Computing in Retail & Consumer traders, distributors, and suppliers

Cloud Computing in Retail & Consumer industry associations

Product managers, Cloud Computing in Retail & Consumer industry administrator, C-level executives of the industries

Market Research and consulting firms

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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What are the impacts of Cloud computing in Financial Service Sector? – BollyInside

February 15, 2022 | Author: admin

This tutorial is about the What are the impacts of Cloud computing in Financial Service Sector?. We will try our best so that you understand this guide. I hope you like this blog What are the impacts of Cloud computing in Financial Service Sector?. If your answer is yes then please do share after reading this.

Financial institutions have lagged behind in adopting cloud technologies, primarily due to concerns about security, regulatory compliance, and governance. As a result, they face challenges related to the business model, such as legacy technology, high operating costs, and lack of scalability. Cloud adoption is now becoming the norm and analysts predict that by 2022 approximately 75% of financial institutions infrastructure and data will be processed in the cloud and gradually migrate to it.

The amount of data produced and consumed is growing exponentially in the financial sector. Banking companies need an hour to install scalable systems. Cloud computing in fintech is an accelerating trend, fueled by the powerful influence of the cloud to meet many of the needs of the financial sector.

The cloud has brought numerous benefits to the financial industry in many areas, including security, service, innovation, and scalability. Cloud was even credited with helping fuel the industrys projected 23.84% compound annual growth rate. So why is cloud computing so important in financial services? Fintech startups and established financial organizations are competing to offer customers and end-users greater speed, reliability, and 24/7 availability of their digital products and services.

Data is the lifeblood of the financial services industry. Its crucial for a wide range of activities, from day-to-day account management to verifying user identities, viewing balances, and analyzing spending habits. Cloud technology enables fintech companies to securely, cost-effectively and autonomously store, manage and access large volumes of data from anywhere at any time.

The agility that cloud computing has brought to the fintech industry has accelerated innovation in the sector. The cloud enables financial organizations to develop their products and bring them to market faster, while allowing them to react quickly to changing demands and emerging trends. The Covid-19 pandemic brought many challenges to the fintech sector that cloud computing has helped financial services companies overcome with speed and ease.

In the age of high-profile data breaches and cybersecurity attacks, customers are increasingly aware of how their personal data is protected. The financial services industry has a responsibility to safeguard its customers data, and the cloud is improving the way financial companies do it. From data encryption to zero-trust verification and access control, many of the risks presented by traditional on-premises IT infrastructures are being mitigated through cloud computing in financial services.

Rapid growth is common in fintech companies, and these fast-growing companies need infrastructures that support their growth rather than slow it down. Cloud infrastructure allows financial companies to scale quickly and easily without barriers. From rapidly growing customer bases to the digitization of traditional banking services, financial companies often need to store additional resources in the cloud, which is far more cost-effective than upgrading or expanding traditional on-premises infrastructure.

I hope you understand this article What are the impacts of Cloud computing in Financial Service Sector?, if your answer is no then you can ask anything via contact forum section related to this article. And if your answer is yes then please share this article with your family and friends.

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Global IIoT and Cloud Computing Market 2021 to 2027 Worldwide Major Growth by Key Players as XMPro, Siemens AG, Bosch, IBM The Grundy Register – The…

February 15, 2022 | Author: admin

The Global IIoT and Cloud Computing Market from 2021 to 2027 research focuses on a global assessment of data from current market changes. The objective of MarketsandResearch.biz is to provide a thorough market overview to the companys customers in order to establish development strategies.

The market study of IIoT and Cloud Computing focuses at the categorization of

Private Cloud Computing, Public Cloud Computing, Hybrid Cloud Computing,

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There is also a classification based on:

Large Enterprises, MSEs,

These regional divisions are also evaluated in the study

North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The study includes information on each component as well as a revenue prediction analysis. Descriptions, classifications, users, goods, and current market developments that may impact market participants are all included in the research.

Some of the most well-known companies on the market are:

XMPro, Siemens AG, Bosch, IBM, Microsoft, Thethings.io, Sierra Wireless Inc., Carriots, Intel, Cumulocity GmBH, PTC, Uptake Technologies Inc., TempoiQ, Honeywell International, Aware360 Ltd., XILINX Inc., Real Time Innovations (RTI), Fujitsu Ltd., CISCO Systems Inc., SAP SE, Ampl??a Soluciones SL, AT&T Inc., Losant IoT Inc.,

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The IIoT and Cloud Computing provides a prognosis for the years 2021-2027 based on in-depth study. The markets drivers, opportunities, constraints, and difficulties are all thoroughly explored. It includes a thorough examination of current events, as well as the identification of high-growth areas, segmentation, and regional analysis, all of which can help businesses build strategies.

Qualitative research, on the other hand, aims to provide descriptive data to the reports readers. Porters Five Forces, PESTEL, SWOT, and feasibility analysis were among the qualitative techniques used in the study.Customers may use it to learn about the drivers, constraints, problems, and opportunities in the IIoT and Cloud Computing market. This research will aid corporate strategists since it will assist them in achieving success in global and regional marketplaces.

Customization of the Report:

This report can be customized to meet the clients requirements. Please connect with our sales team (sales@marketsandresearch.biz), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

Contact UsMark StoneHead of Business DevelopmentPhone: +1-201-465-4211Email: sales@marketsandresearch.biz

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Lite-On reports highest EPS in five years for Q4 – Taipei Times

February 15, 2022 | Author: admin

By Chen Cheng-hui / Staff reporter

Lite-On Technology Corp () yesterday reported its highest earnings per share (EPS) in five years for the October-to-December quarter, thanks to an improved product mix and operating efficiency, the electronic components supplier said in a statement.

The company posted fourth-quarter net profit of NT$2.51 billion (US$90.05 million), up 25 percent from a year earlier, but down 19 percent from the previous quarter on revenue of NT$44.57 billion. It was also up 8 percent year-on-year and 6 percent quarter-on-quarter.

Lite-On attributed the annual increases to steady growth in demand for products used in optoelectronics, cloud computing, 5G, artificial intelligence of things (AIoT) and automotive applications.

Photo: Chen Rou-chen, Taipei Times

EPS reached NT$1.11 in the quarter, the highest for the October-to-December period over the past five years, as gross margin and operating margin improved to 17.3 and 8.1 percent respectively, up from 16.2 and 4.4 percent a year earlier.

That brought last years total net profit to NT$13.89 billion, up 39 percent from 2020, with EPS rising from NT$4.31 to NT$6.01, a record, Lite-On said.

Gross margin increased 1.1 percentage points annually to 18.5 percent, while operating margin rose 1.4 percentage points to 7.9 percent, it said.

Due to continually optimizing our product mix, improving our flexibility and response times through smart manufacturing and supply-chain management, and boosting our operational efficiency, 2021 resulted in a record profit margin and EPS, the statement said.

Lite-On reported revenue of NT$164.83 billion for the whole of last year, up 5 percent from a year earlier.

The increase is as high as 10 percent if a business transfer in 2020 is excluded, said the company, which sold its solid-state drive business to Japans Kioxia Holdings Corp on July 1, 2020.

Last year, Lite-Ons optoelectronics segment contributed 20 percent of its total revenue, while the cloud computing and AIoT segment contributed 27 percent, and the information technology and consumer electronics segment contributed 53 percent.

The company continues to implement a market-oriented strategy, and expanded research and development by more than 20 percent last year, especially in optoelectronics, cloud computing, automotive electronics, and 5G and AIoT products, Lite-On president Anson Chiu () said.

Although its business model has shifted from original equipment manufacturing and original design manufacturing, the company aims to offer customers a systematic solution through in-house product development, Chiu said.

Automotive electronics and 5G/AIOT products continued to obtain customer certifications in the past two years, Chiu said in the statement. As market momentum continues to grow, they will become the growth drivers for Lite-On.

The company also aims to expand into smart grid solutions for household energy management in the medium to long term, creating a new growth driver, it said.

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