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You might have read or heard about Cloud Computing maybe a few times by now or it could be your first time. This indicates that you have been drawn towards this domain with your interest or by some other means. If the former is the reason then you would next want to know more about cloud computing as every other beginner. Therefore, after reading this article, you would have a good understanding of cloud computing, types of cloud computing, cloud computing services, benefits of cloud computing, top cloud service providers by market share, and career in cloud computing. Read through each of the subsequent sections to accumulate information related to cloud computing topics as much as possible. Hence, you can treat this article as a beginners guide to cloud computing as the title suggests.

The Cloud is one of the popular and trending terms in the IT sector. This comes without a surprise because of the enormous potential that cloud technology offers. Someone new to the technology or specifically to IT with relatively lesser knowledge may find this term quite ambiguous initially. If you are an absolute beginner in cloud and thinking where to start from, I would suggest AWS cloud practitioner certification, take the practice exam and analyse your current level of understanding.

The origin of this term dates back to the mid-2000s when global networks and IT infrastructure were evolving. The cloud can be thought of as the whole of the internet (or sometimes as a major chunk of the internet such as remote servers, storage, and so on) from which you can access just about anything. The cloud is a symbolic representation of the internet for starters.

With the increasing demand for products and services over the internet, many businesses are looking for ways to reduce their overhead expenses related to IT infrastructure (hardware and software). Every company small or big in one way or the other uses computers, business applications, and the services on the internet for a majority of their work. Traditionally, the companies would set up, manage and maintain their data centers in which all the business applications run and provide services to their customers.

Cloud computing is a technology that has the potential to completely revolutionize this traditional IT infrastructure design. Cloud computing can be defined as a technology that delivers IT resources such as servers, storage, networking, computing power, software, and analytics over the internet. Companies that provide these resources to other companies are called cloud providers or cloud vendors. The cloud providers have a variety of cloud services and solutions that are highly flexible, innovative, scalable, and economical. Due to these reasons, the majority of companies are moving from traditional IT infrastructure to the cloud for their business needs.

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Cloud computing enables companies to digitize their tangible and resource-consuming applications. Another good thing about cloud computing is that companies only pay for the services they use on the cloud which is termed as pay-as-you-go. Because of this, companies can use resources cost-effectively and focus on their business growth without all the hassle.

Cloud computing is not particularly owned by a single entity. The cloud services, applications, and deployment models differ across companies and business requirements. The deployment model or the underlying cloud architecture decides the overall experience on the cloud. With so many improvements to cloud computing, multiple providers offer various services, models, and applications.

It is important to choose the correct type of cloud computing before implementing business applications. Apart from the deployment model, there are other important factors as well. Primarily, there are three different deployment models, public cloud, private cloud, and hybrid cloud. Many other deployment models such as multi-cloud, community cloud, and others are also available.

Public clouds are third-party-owned cloud environments that offer computing resources such as servers, storage, and other services over the internet. Cloud providers manage, maintain, and provide all the supporting infrastructure required to run all the business applications. Accessing the public cloud on the internet requires a web browser and a business or individual accounts linked to the cloud environment.

Private clouds are hosted exclusively for a company or business in which the services and IT infrastructure are maintained on a private network. For private clouds, the computing resources can be either hosted on the companys data center or a third-party private cloud environment managed in a private network.

Hybrid clouds are a combination of public and private clouds. The hybrid cloud has an underlying technology that allows the business data and applications to be shared between the two types of clouds. The hybrid clouds are very effective because of the resources allocation and presence in both private and public clouds. A business may require applications and services which are secure, adaptable, and flexible. In such cases, hybrid clouds offer great value by sharing the data and resources across both public and private clouds.

Multicloud is a type of cloud deployment in which multiple public clouds are designed to work together. A company may require different cloud services, resources, and applications from multiple cloud providers to increase flexibility, disaster recovery options, and scalability. In such cases, different types of clouds are used correspondingly, which we refer to as a multi-cloud.

Community clouds are either third-party-owned cloud environments or hosted on exclusive on-site data centers where the resources are shared by multiple companies. The companies that opt to implement community clouds usually would belong to a specific community of businesses that have common security, compliance, applications, and other requirements.

Cloud services are unique to each use case and business requirement. The type of cloud service is one of the crucial factors that need to be considered before implementing into any business needs.

The cloud services are broadly classified into four categories as Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and Serverless computing. Serverless computing is the newest category of cloud computing service.

IaaS is the most basic type of cloud service which allows companies to rent servers, storage, networks, virtual machines (VMs), and other infrastructure to build their business applications. The cloud provider would support, maintain, manage the services.

Some of the examples of IaaS providers are Amazon Web Services (AWS), DigitalOcean, Google Compute Engine, Microsoft Azure, Linode Alibaba, and OpenStack.

Companies that opt for PaaS cloud service, pay the cloud providers for the resources that they would need to build their applications only. PaaS vendors provide everything necessary for building an application such as infrastructure, development tools, and operating systems, over the internet. With this, the companies can comfortably design and build applications.

Some of the examples of PaaS providers are AWS, Google App Engine, Heroku, Microsoft Azure, Oracle Cloud Platform, and others.

When the cloud vendors deliver software applications to the companies over the internet, on-demand then it is considered as SaaS. With SaaS, cloud providers host, manage and maintain the software application and the underlying infrastructure. The providers would also perform software, security upgrades. Users can directly access the application from their web browser from anywhere on any device. Most of the online applications that we use regularly fall under the SaaS category.

Some of the examples of SaaS companies are Salesforce, AWS, Google G Suite, Adobe Creative Cloud, Microsoft Azure, ServiceNow, Slack, MailChimp, and others.

In Serverless Computing, the companies or developers pay only for a fragment of the services that they run and use without worrying about the server or the underlying infrastructure. The implication here is that the cloud provider takes care of everything else and gives the developers to work on codeon a code or develop a function on-demand.

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The serverless platform is broad and generally, there are two major serverless offerings called Function-as-a-Servicecalled as Function-as-a-Service (FaaS) and Backend-as-a-Service (Baas). In FaaS companies or users work with certain features of an application managed completely by the vendor. And users work with these features on-demand and pay as and when they use them. With BaaS companies or users get everything required to deploy their code and build the application without worrying about the underlying servers, APIs, databases, storage, and so on.

Serverless applications run on servers like the other cloud service models of cloud computing. However, theyre called serverless since they dont run on dedicated machines, and also the companies building the applications wont manage any servers.

Some of the examples of Serverless computing services are Back4App, AWS Lambda, Google Cloud Functions, Cloudflare Workers, and Microsoft Azure Functions.

In the current times, cloud computing has proved to provide maximum value to businesses and organizations in many ways. Following are some of the key benefits of cloud computing.

Now that we have covered all the introductory information about cloud computing, what is ahead of us?

Well, it is time to ask yourself if pursuing your career in cloud computing resonates with your career aspirations. If so, then the approach has to be systematic and practical. Cloud computing jobs promise wonderful opportunities for IT professionals, entry-level aspirants, and even freshers.

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Depending on your career level you can take appropriate steps to start your career in cloud computing. Typically, you should start by understanding the basics of cloud computing by consuming information from the internet or any viable resources. Set aside a few minutes daily to strengthen your understanding. If you would like to read and learn more on cloud and other interesting topics visit our Whizlabs Blogpage.

Once you have the basic knowledge, you should aim for getting relevant cloud computing skills. You can get technical skills by taking up cloud certification exams. There are many cloud certifications in the market, but choose the certifications that add both in-demand skills and career opportunities. Research thoroughly about each cloud certification and the certification issuing agency or the company.

To prepare for certifications you would have to find learning resources such as online courses, practice tests, and hands-on labs. Finding them on the internet is very easy and quick. Enroll in a course and learn diligently and gain practical skills by signing up for hands-on labs. After you complete online courses and hands-on labs, you could test your skills in practice tests or exams. The good news is that we provide all the above-mentioned learning resources along with free tests for cloud computing and many other disciplines. Explore our courses here.

With proper preparation, you would be ready to take up the actual cloud certification exams and secure good scores. After getting certified, you can immediately start looking for job opportunities in cloud computing. Having one or more in-demand cloud certifications gives you an edge to land a job and through which you can pursue your career in this domain.

Professionally, pursuing a career in cloud computing is highly beneficial if your thoughts and interests align with this technology.

About Abhishek MauryaAbhishek Maurya is a cloud architect possessing explicit knowledge of the Analytics services offered by AWS. He possesses the following certifications:AWS certified solution architect associate with 901/1000.AWS certified Developer-Associate with 905/1000.AWS Certified SysOps Administrator-Associate with 873/1000.His current role as a Cloud Product Associate in Whizlabs helps him make his customers understand the power of the cloud and steer clear of all kinds of roadblocks.Further, the following skills help him in bringing out his best in a data-driven organisation.*He is adept in languages like Python, C/C++, .NET, C#, JavaScript.*He also has full control over version control tools like Git, GitHub and Bitbucket.*He is agile in working in both Linux and Windows platforms.*He is also proficient in databases like Oracle, MySQL and PostgreSQL.

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Beginners Guide to Cloud Computing - An Introduction ...

Organizations continue to develop new applications in or migrate existing applications to cloud-based services. The federal government recently made cloud-adoption a central tenet of its IT modernization strategy. An organization that adopts cloud technologies and/or chooses cloud service providers (CSP)s and services or applications without becoming fully informed of the risks involved exposes itself to a myriad of commercial, financial, technical, legal, and compliance risks. In this blog post, we outline 12 risks, threats, and vulnerabilities that organizations face when moving application or data to the cloud. In our follow-up post, Best Practices for Cloud Security, we explore a series of best practices aimed at helping organizations securely move data and applications to the cloud.

We would like to note that the threats and vulnerabilities involved in migrating to the cloud are ever-evolving, and the ones listed here are by no means exhaustive. It is important to consider other challenges and risks associated with cloud adoption specific to their missions, systems, and data.

The National Institute of Standards and Technology (NIST) cloud model provides a definition of cloud computing and how it can be used and deployed.

NIST identifies the following characteristics and models for cloud computing:

Cloud Computing Threats, Risks, and Vulnerabilities

Cloud environments experience--at a high level--the same threats as traditional data center environments; the threat picture is the same. That is, cloud computing runs software, software has vulnerabilities, and adversaries try to exploit those vulnerabilities. However, unlike information technology systems in a traditional data center, in cloud computing, responsibility for mitigating the risks that result from these software vulnerabilities is shared between the CSP and the cloud consumer. As a result, consumers must understand the division of responsibilities and trust that the CSP meets their responsibilities. Based on our literature searches and analysis efforts, the following list of cloud-unique and shared cloud/on-premise vulnerabilities and threats were identified. The figure below also details the threat picture for cloud computing platforms.

Cloud-Unique Threats and Risks

The following vulnerabilities are a result of a CSP's implementation of the five cloud computing characteristics. These vulnerabilities do not exist in classic IT data centers.

#1 Consumers Have Reduced Visibility and Control. When transitioning assets/operations to the cloud, organizations lose some visibility and control over those assets/operations. When using external cloud services, the responsibility for some of the policies and infrastructure moves to the CSP.

The actual shift of responsibility depends on the cloud service model(s) used, leading to a paradigm shift for agencies in relation to security monitoring and logging. Organizations need to perform monitoring and analysis of information about applications, services, data, and users, without using network-based monitoring and logging, which is available for on-premises IT.

#2 On-Demand Self Service Simplifies Unauthorized Use. CSPs make it very easy to provision new services. The on-demand self-service provisioning features of the cloud enable an organization's personnel to provision additional services from the agency's CSP without IT consent. The practice of using software in an organization that is not supported by the organization's IT department is commonly referred to as shadow IT.

Due to the lower costs and ease of implementing PaaS and SaaS products, the probability of unauthorized use of cloud services increases. However, services provisioned or used without IT's knowledge present risks to an organization. The use of unauthorized cloud services could result in an increase in malware infections or data exfiltration since the organization is unable to protect resources it does not know about. The use of unauthorized cloud services also decreases an organization's visibility and control of its network and data.

#3 Internet-Accessible Management APIs can be Compromised. CSPs expose a set of application programming interfaces (APIs) that customers use to manage and interact with cloud services (also known as the management plane). Organizations use these APIs to provision, manage, orchestrate, and monitor their assets and users. These APIs can contain the same software vulnerabilities as an API for an operating system, library, etc. Unlike management APIs for on-premises computing, CSP APIs are accessible via the Internet exposing them more broadly to potential exploitation.

Threat actors look for vulnerabilities in management APIs. If discovered, these vulnerabilities can be turned into successful attacks, and organization cloud assets can be compromised. From there, attackers can use organization assets to perpetrate further attacks against other CSP customers.

#4 Separation Among Multiple Tenants Fails. Exploitation of system and software vulnerabilities within a CSP's infrastructure, platforms, or applications that support multi-tenancy can lead to a failure to maintain separation among tenants. This failure can be used by an attacker to gain access from one organization's resource to another user's or organization's assets or data. Multi-tenancy increases the attack surface, leading to an increased chance of data leakage if the separation controls fail.

This attack can be accomplished by exploiting vulnerabilities in the CSP's applications, hypervisor, or hardware, subverting logical isolation controls or attacks on the CSP's management API. To date, there has not been a documented security failure of a CSP's SaaS platform that resulted in an external attacker gaining access to tenants' data.

No reports of an attack based on logical separation failure were identified; however, proof-of-concept exploits have been demonstrated.

#5 Data Deletion is Incomplete. Threats associated with data deletion exist because the consumer has reduced visibility into where their data is physically stored in the cloud and a reduced ability to verify the secure deletion of their data. This risk is concerning because the data is spread over a number of different storage devices within the CSP's infrastructure in a multi-tenancy environment. In addition, deletion procedures may differ from provider to provider. Organizations may not be able to verify that their data was securely deleted and that remnants of the data are not available to attackers. This threat increases as an agency uses more CSP services.

Cloud and On-Premise Threats and Risks

The following are risks that apply to both cloud and on-premise IT data centers that organizations need to address.

#6 Credentials are Stolen. If an attacker gains access to a user's cloud credentials, the attacker can have access to the CSP's services to provision additional resources (if credentials allowed access to provisioning), as well as target the organization's assets. The attacker could leverage cloud computing resources to target the organization's administrative users, other organizations using the same CSP, or the CSP's administrators. An attacker who gains access to a CSP administrator's cloud credentials may be able to use those credentials to access the agency's systems and data.

Administrator roles vary between a CSP and an organization. The CSP administrator has access to the CSP network, systems, and applications (depending on the service) of the CSP's infrastructure, whereas the consumer's administrators have access only to the organization's cloud implementations. In essence, the CSP administrator has administration rights over more than one customer and supports multiple services.

#7 Vendor Lock-In Complicates Moving to Other CSPs. Vendor lock-in becomes an issue when an organization considers moving its assets/operations from one CSP to another. The organization discovers the cost/effort/schedule time necessary for the move is much higher than initially considered due to factors such as non-standard data formats, non-standard APIs, and reliance on one CSP's proprietary tools and unique APIs.

This issue increases in service models where the CSP takes more responsibility. As an agency uses more features, services, or APIs, the exposure to a CSP's unique implementations increases. These unique implementations require changes when a capability is moved to a different CSP. If a selected CSP goes out of business, it becomes a major problem since data can be lost or cannot be transferred to another CSP in a timely manner.

#8 Increased Complexity Strains IT Staff. Migrating to the cloud can introduce complexity into IT operations. Managing, integrating, and operating in the cloud may require that the agency's existing IT staff learn a new model. IT staff must have the capacity and skill level to manage, integrate, and maintain the migration of assets and data to the cloud in addition to their current responsibilities for on-premises IT.

Key management and encryption services become more complex in the cloud. The services, techniques, and tools available to log and monitor cloud services typically vary across CSPs, further increasing complexity. There may also be emergent threats/risks in hybrid cloud implementations due to technology, policies, and implementation methods, which add complexity. This added complexity leads to an increased potential for security gaps in an agency's cloud and on-premises implementations.

#9 Insiders Abuse Authorized Access. Insiders, such as staff and administrators for both organizations and CSPs, who abuse their authorized access to the organization's or CSP's networks, systems, and data are uniquely positioned to cause damage or exfiltrate information.

The impact is most likely worse when using IaaS due to an insider's ability to provision resources or perform nefarious activities that require forensics for detection. These forensic capabilities may not be available with cloud resources.

#10 Stored Data is Lost. Data stored in the cloud can be lost for reasons other than malicious attacks. Accidental deletion of data by the cloud service provider or a physical catastrophe, such as a fire or earthquake, can lead to the permanent loss of customer data. The burden of avoiding data loss does not fall solely on the provider's shoulders. If a customer encrypts its data before uploading it to the cloud but loses the encryption key, the data will be lost. In addition, inadequate understanding of a CSP's storage model may result in data loss. Agencies must consider data recovery and be prepared for the possibility of their CSP being acquired, changing service offerings, or going bankrupt.

This threat increases as an agency uses more CSP services. Recovering data on a CSP may be easier than recovering it at an agency because an SLA designates availability/uptime percentages. These percentages should be investigated when the agency selects a CSP.

#11 CSP Supply Chain is Compromised. If the CSP outsources parts of its infrastructure, operations, or maintenance, these third parties may not satisfy/support the requirements that the CSP is contracted to provide with an organization. An organization needs to evaluate how the CSP enforces compliance and check to see if the CSP flows its own requirements down to third parties. If the requirements are not being levied on the supply chain, then the threat to the agency increases.

This threat increases as an organization uses more CSP services and is dependent on individual CSPs and their supply chain policies.

#12 Insufficient Due Diligence Increases Cybersecurity Risk. Organizations migrating to the cloud often perform insufficient due diligence. They move data to the cloud without understanding the full scope of doing so, the security measures used by the CSP, and their own responsibility to provide security measures. They make decisions to use cloud services without fully understanding how those services must be secured.

Wrapping Up and Looking Ahead

It is important to remember that CSPs use a shared responsibility model for security. The CSP accepts responsibility for some aspects of security. Other aspects of security are shared between the CSP and the consumer. Finally, some aspects of security remain the sole responsibility of the consumer. Effective cloud security depends on knowing and meeting all consumer responsibilities. Consumers' failure to understand or meet their responsibilities is a leading cause of security incidents in cloud-based systems.

In this blog post, we have identified five cloud-unique and seven cloud and on-premises threats that organizations face as they consider migrating their data and assets to the cloud. In the next post in this series, we will explore a series of best practices aimed at helping organizations securely move data and applications to the cloud.

Additional Resources

Read the next post in this series, Best Practices for Cloud Security.

For more information about cloud computing security, please visit the following sites:

The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.

The Cloud Security Alliance works to promote the use of best practices for providing security assurance within Cloud Computing, and provide education on the uses of Cloud Computing to help secure all other forms of computing

The European Union Agency for Network and Information Security (ENISA)'s page on cloud security.

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12 Risks, Threats, & Vulnerabilities in Moving to the Cloud

The First Trust Cloud Computing ETF (SKYY) was launched on 05/27/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Cloud Computing segment of the equity market.

An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.

Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Cloud Computing is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 6, placing it in top 38%.

Index Details

The fund is sponsored by First Trust Advisors. It has amassed assets over $6.87 billion, making it one of the largest ETFs attempting to match the performance of the Technology - Cloud Computing segment of the equity market. SKYY seeks to match the performance of the ISE Cloud Computing Index before fees and expenses.

This Index is a modified equal dollar weighted index designed to track the performance of companies actively involved in the cloud computing industry.

Costs

Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.

Annual operating expenses for this ETF are 0.60%, making it on par with most peer products in the space.

It has a 12-month trailing dividend yield of 0.15%.

Sector Exposure and Top Holdings

It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Information Technology sector--about 84.70% of the portfolio. Telecom and Consumer Discretionary round out the top three.

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Looking at individual holdings, Digitalocean Holdings, Inc. (DOCN) accounts for about 5% of total assets, followed by Oracle Corporation (ORCL) and Mongodb, Inc. (MDB).

The top 10 holdings account for about 36.18% of total assets under management.

Performance and Risk

Year-to-date, the First Trust Cloud Computing ETF has gained about 24.73% so far, and is up roughly 40.22% over the last 12 months (as of 11/08/2021). SKYY has traded between $80.15 and $117.96 in this past 52-week period.

The ETF has a beta of 0.97 and standard deviation of 26.30% for the trailing three-year period, making it a medium risk choice in the space. With about 67 holdings, it effectively diversifies company-specific risk.

Alternatives

First Trust Cloud Computing ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, SKYY is an excellent option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.

WisdomTree Cloud Computing ETF (WCLD) tracks BVP NASDAQ EMERGING CLOUD INDEX and the Global X Cloud Computing ETF (CLOU) tracks INDXX GLOBAL CLOUD COMPUTING INDEX. WisdomTree Cloud Computing ETF has $1.42 billion in assets, Global X Cloud Computing ETF has $1.51 billion. WCLD has an expense ratio of 0.45% and CLOU charges 0.68%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportFirst Trust Cloud Computing ETF (SKYY): ETF Research ReportsOracle Corporation (ORCL) : Free Stock Analysis ReportMongoDB, Inc. (MDB) : Free Stock Analysis ReportGlobal X Cloud Computing ETF (CLOU): ETF Research ReportsWisdomTree Cloud Computing ETF (WCLD): ETF Research ReportsDigitalOcean Holdings, Inc. (DOCN) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

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Should You Invest in the First Trust Cloud Computing ETF (SKYY)? - Yahoo Finance

Makoto Kimura, left, president of Sony Semiconductor Solutions (Shanghai) Ltd, and Joe Bao, president of Microsoft China, shake hands in Shanghai, on Nov 5, 2021. [Photo provided to China Daily]

Microsoft Corp is bullish on the Chinese cloud computing market, as the US tech giant is committed to helping both multinationals come to China and Chinese companies go global, a company executive said.

The comments came as Microsoft is scheduled to bring a new data center online in China in the spring of 2022. Once the expansion is completed, the capacity of Microsoft's cloud computing in China will have been boosted by 12 times since 2014.

Joe Bao, president of Microsoft China, said the company's local cloud computing customers and partners are growing rapidly. "We really think that we have an opportunity to grow faster (in China) than Microsoft in the rest of the world."

On top of laying down a sound cloud infrastructure and perfecting its cloud solutions, Microsoft has also been working hard to build on industry expertise to better serve customers, he said.

The senior executive did not disclose the specific revenue growth target for its cloud computing business in China. But the latest financial report from Microsoft showed that in the September quarter, its global intelligent cloud revenue hit $16.96 billion, up 31 percent year-over-year.

Data from market research company Canalys showed that Microsoft accounted for 21 percent of global cloud infrastructure services spend in the third quarter of 2021. Growing over 50 percent for a fifth consecutive quarter, Microsoft Azure was the second largest cloud service provider, second only to Amazon Web Services.

Charlie Dai, a principal analyst at Forrester, a business strategy and economic consultancy, said Microsoft was the first global vendor to commercialize its public cloud operations in China, and it has sustained its local expansion by efforts that include continuing to focus on industry cloud service customizations.

The intensified push to tap into the cloud computing market is part of a three-year plan unveiled in June by Microsoft China, which sees strong opportunities in accelerated digital transformation in the world's second-largest economy.

"China's swift and determined response to the COVID-19 pandemic, and the continued diligence that China has to keep the pandemic in check, have allowed the nation to recover and return to growth faster than other nations in the world," Bao said.

Microsoft is excited about its business in China in areas including remote collaboration and hybrid work, leveraging digital intelligence to boost business resilience and sustainable development, the executive said.

At the fourth China International Import Expo being held offline in Shanghai on Nov 5-10, Microsoft announced its cooperation with SGS China to launch S-Carbon, the world's first-ever dual-standard intelligent cloud carbon management platform, based on Microsoft's cloud computing platform Azure. SGS is a world-renowned company specializing in carbon inventory and audit.

Seeing the big potential of leveraging digital innovation in boosting China's healthcare industry, Microsoft and Johnson & Johnson, a leading world healthcare company, announced over the weekend that they will deepen cooperation in the Chinese market.

Apart from seeing China as an important market, Microsoft is also stepping up its push to help nurture local innovation by hiring more people, and partnering with local universities.

In late October, Microsoft Asia-Pacific Research and Development Group announced it will start constructing the third phase of its research institute in Suzhou Industrial Park in Suzhou, Jiangsu province, in 2022.

The project is expected to be finished by 2025. By then, the number of Microsoft's employees in Suzhou is forecast to reach 5,000, from the current number of more than 2,000, said the Suzhou Industrial Park. "We are committed to fostering local innovation, promoting joint innovation with our partners and helping bring China's homegrown innovation to the outside world," Bao said.

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Microsoft to further expand cloud services in China - Chinadaily USA

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Global Cloud Computing for Business Operations Market Assessment 2021-2028| Industry Size, Share and Top Key Players: Amazon Web Services, Microsoft...