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What is the best time to invest in cryptocurrency? – Economic Times

Investments are about managing risks and maximising gains. Over the past few decades, risk averse Indian investors have enjoyed the choice of picking assets such as fixed deposits, gold and even realty for assured gains. Assets with higher risks involving stocks, derivatives and other managed funds have remained exclusive to some top tier investors who have the means and the knowledge to access such markets. Beating inflation with low risk assets alone is proving difficult in the post-pandemic world. Enter cryptocurrencies, a new asset class with high potential, accessibility and with possibilities of managing risks.

The global crypto market runs 24x7 with equal access to all investors without a bias for geography or nationality. It is a nascent, decade-old market with potential to grow multi-fold over the next few years. More than one crore Indians have already embraced cryptocurrencies with a 600+ per cent growth in cumulative investments in the last one year, according to Chainalysis, a leading compliance provider.

For those ready to dip their toes into the cryptocurrency world, discerning the best time to invest is key. The crypto market is notoriously volatile with as much as 30 per cent variance in prices within a day. However, managing risk is possible and within everyones reach. We continue to advise investors to only invest a minor share of the overall portfolio (up to 3 per cent) in cryptocurrencies. Strategies vary according to individual goals and risk appetite but the following approach works in general even for amateurs.

The entry pointA proven method of managing entry points is to do Dollar Cost Averaging (DCA). DCA is a straightforward investment strategy that works irrespective of the current price of an asset. Investors following DCA split the investment pool and buy assets at regular intervals of time. This strategy minimizes volatility risk as it would prevent an entry at a single price point.

2021 is still earlyGlobally, there are about 120 million investors in cryptocurrencies in a world with a population of 7.8 billion. The adoption is growing rapidly but there is potential for more. Compared to the global stock market capitalization of about $100 trillion, the cryptocurrency market is valued less than 2 per cent today. So, entering any day in 2021 will still be good enough for most investors.

The only consideration for investment today is to determine which cryptocurrencies will continue to exist five years from now. Bitcoin, Ethereum and other large market cap coins have a higher probability of existence and hence are relatively safer to start with.

(Vikram Subburaj is Chief Executive Officer & co-founder, Giottus Cryptocurrency Exchange. Views are his own)

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Cryptocurrency investor warns government oversight could create bad regulation – Fox Business

Digital Chamber of Commerce chairman Matthew Roszak says though the Senate blocked cryptocurrency regulation in the infrastructure bill, it created potential for bad regulation in the U.S.

Chamber of Digital Commerce Chairman and cryptocurrency investor Matthew Roszak reacted to Lionel Messi receiving crypto payments from his transfer contract on FOX Business' "Mornings with Maria" Friday. Roszak said as more public figures like Messi enter the crypto market, it creates the potential for "bad" government regulation.

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MATTHEW ROSZAK: In the U.S., there's very good clarity on Bitcoin that's taxed as property. But, you know, going back last week, we had this infrastructure bill that was getting bobbled around D.C. and, there's some potential for bad regulation out there.

But we have some amazing people within Congress working with the industry. Sen. Cynthia Lummis, Warren Davidson. We have a blockchain caucus.

And look, we have to be careful. We need to get this right. Otherwise, a lot of this innovation will go offshore. And we have an amazing opportunity on the scale of the Internet 20-plus years ago to kind of play into this new DeFi world and its new Web3 world.

CRYPTO WARS: BIDEN ADMINISTRATION AT WAR WITH ITSELF OVER REGULATION

WATCH THE FULL INTERVIEW BELOW

Chamber of Digital Commerce chairman Matthew Roszak says Lionel Messi made a smart move by including cryptocurrency earnings in his transfer contract to Paris Saint-Germain.

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Cryptocurrency Will Take Over Rupee and Dollar in Future – Analytics Insight

Without a question, digital currency is the way of the future. Slowly but definitely cryptocurrency will take over Rupee and Dollar by the end of this decade. Paper money will become obsolete and people will store money on their mobile phones. Cryptocurrency will take over Rupee and Dollar or paper money but it will very certainly continue to be a part of our life in the future, whether in the shape of money, investment choices, commodities, assets, or some other form.

A cryptocurrency is a digital currency that is protected by cryptography, making counterfeiting and double-spending almost impossible. Many cryptocurrencies are built on blockchain technology, which is a distributed ledger enforced by a global network of computers. Bitcoin is a decentralized digital currency that may be transmitted from user to user on peer-to-peer Technology without the use of middlemen. It has no central bank or single administrator. So, we can say that Bitcoin is the most well-known cryptocurrency, for which blockchain technology was developed.

As cryptocurrencies have grown in popularity, IT executives have been more interested in learning more about them. In general, there are two groups: one believes that all virtual currencies are a hoax that can burst at any time, and the other believes that they are all scams. The second group believes that it has a promising future and will soon replace real money. At this point, it is unclear who is correct and how these technologies will develop in the future. There is, however, little dispute regarding the underlying technology, which is blockchain. Cryptocurrencies are unquestionably growing in popularity as a result of their exponential returns in a short period of time.

Different nations governments may or may not allow that cryptocurrency will take over Rupee and Dollar. Several countries have already enacted prohibitions and limitations, restricting Cryptocurrency trading. Over 7 million people in India have already invested over USD 1 billion in cryptocurrencies. This number is steadily rising, as the government has chosen to reconsider its prior position of banning all cryptocurrencies outright. The government has announced the creation of a new bill, Cryptocurrency, and Regulation of Official Digital Currency Bill.

This might be the first step toward cryptocurrency legalization in India. The Reserve Bank of India is also developing digital money. The time has come to leverage its applications while at the same time strengthening the digital infrastructure, RBI governor Shaktikanta Das said. As a result, the day will come when we must deal with digital currencies on a regular basis.

Every economy is based on the governments ability to manage its currency. In reaction to external and internal forces, the government can decide how much of a currency should be produced. If cryptocurrencies take the place of the rupee or the dollar, that power is lost.

It is a little bit difficult that Cryptocurrency will take over Rupee and dollar completely, or any other kind of paper money. It is more feasible to co-exist with paper money and cryptocurrency, which is why rules become more necessary. Cryptocurrencies are now sensitive to responses from big investors, participants, stakeholders, observers, and even government decisions. It will be protected against all of this by a regulatory framework.

Apart from cryptocurrencys appealing features such as low transaction fees, fast transaction times, expanded payment options, simple currency exchange, and decentralized architecture, it also has some drawbacks that must be addressed before cryptos, can be legalized, such as price volatility, anonymity, cybersecurity, environmental impact and the lack of a refund or cancellation mechanism. Bitcoin has risen 193,639.36 % since 2012, despite all of these certainties and uncertainties. The user index for 2021, according to Binance Research, has 97 percent confidence in cryptocurrency.

Money has developed and taken on new forms over time. In reality, paper money did not become widespread until the seventeenth century. However, there are several obstacles in taking over the paper money. But cryptocurrency will take over Rupee and Dollar. No matter what, the future would be digital. It is very much obvious. Technological developments have changed the way people live and have had an influence on nearly every aspect of our life. It wont be long before virtual assets outnumber physical ones in terms of value. Our gold, land, money, and other real assets may soon be supplanted by digital equivalents. We will be better equipped to face future difficulties if we embrace them sooner rather than later.

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Cloud Computing vs. On Premises: The Diminishing Differences – ITPro Today

For years, one of the biggest questions IT teams had to ask themselves when planning a new deployment was, Should we use cloud or on-prem? Today, the cloud computing vs. on premises decision is becoming less and less important. The differences between cloud and on-premises environments have grown increasingly irrelevant from the perspective of application developers and IT engineers.

I know: That may sound like a bold statement to IT pros who are accustomed to thinking of the cloud and on prem as two distinct universes. But I think its time to change that perspective. Heres why the cloud computing vs. on premises question no longer matters in the way it once did.

Historically, cloud-based environments and on-premises environments were markedly different in a number of key ways:

There were plenty of other differences separating on prem from cloud environments, but these tended to be the ones that got the most attention as businesses considered whether to use the cloud.

Today, many of these differences have become negligible or disappeared altogether.

Take pricing models, for one. Its no longer the case that the cloud is the only place to find pay-as-you-go pricing. Center vendors offer the same pricing structure for on-prem resources that customers deploy in their own data centers.

(Tangentially, its also worth noting that there was never anything stopping businesses from taking out loans to spread out their on-prem infrastructure costs over time--a fact that always seemed to elude folks who got excited about clouds supposedly unique CapEx cost advantages.)

That doesnt mean all on-prem resources can be paid for on a monthly basis with no upfront capital expense, of course. But it does mean that if your business doesnt want to dump six- or seven-figure sums into its IT infrastructure all at once, its possible to find solutions that spread the cost out over time without requiring use of public cloud.

At this point, the idea that the cloud is less secure because it provides less isolation has been proved false. There have been no major cyberattacks that were made possible by the specific architectures of shared cloud infrastructure, and no examples of security events spilling over from one users account to another.

Indeed, you could make a good case today that the cloud tends to be more secure than on prem. Cloud providers IAM frameworks enable more granular access control than most on-prem environments can support. Cloud providers also tend to be better at keeping their environments patched, and at following security best practices, than teams that manage on-prem infrastructure.

Likewise, youd sound almost silly today if you argued that most businesses just cant meet compliance requirements in the cloud. All of the major cloud providers maintain sophisticated compliance programs to ensure that their infrastructure and services meet compliance rules. And I am not aware of any compliance framework that explicitly disallows use of the cloud.

Today, its just as easy--if not easier--to comply with data security, privacy and other mandates in the cloud as it is on prem.

Its still true that the cloud is, in general, easier to scale than an on-prem environment.

However, the advent of a new generation of hybrid cloud platforms, like AWS Outposts and Azure Stack, makes it possible to set up on-prem environments that teams can seamlessly and instantly extend with cloud-based infrastructure when the need arises.

In other words, you could use a framework like Azure Stack to host your workloads on prem, then add IaaS resources from the Azure public cloud to accommodate spikes in demand. In this sense, scaling on-prem infrastructure no longer necessarily requires time-consuming and expensive acquisition of new hardware.

From the perspective of deployment and management, many workloads today look the same whether they run on prem, in the public cloud or in a hybrid model.

Thats thanks to the proliferation of platforms like Kubernetes, which abstract away underlying infrastructure and provide a consistent deployment experience no matter where applications are run. If you host your apps in containers (or even VMs, which Kubernetes can also orchestrate), the deployment and management process is going to look and feel basically the same whether your host infrastructure is on-prem servers, public cloud IaaS or a combination thereof.

To be sure, the differences between cloud environments and on-prem environments still matter in some cases, for some types of workloads. Its not as if the cloud vs. on-prem question has become totally irrelevant.

On the whole, though, this issue matters much less than it once did. Just as the differences among Linux, Windows and Mac workstations have become less important in an age when most applications run inside a web browser and work with any OS, there is less at stake today in deciding between the cloud and on-prem.

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Global Cognitive Cloud Computing Market Predicted to Garner $1,08,788.7 Million at a CAGR of 31.3% from 2020-2027 Exclusive [240 pages] Business…

The global cognitive cloud computing market is expected to gain significant momentum in the forecast period 2020-2027. The natural language processing technology sub-segment is set to gain the highest market share. The large enterprises sub-segment is predicted to dominate the market. The North American region is expected to further add to the market growth.

New York, USA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- As per a recently published report by Research Dive, the global cognitive cloud computing market is anticipated to garner a revenue of $1,08,788.7 million by 2027 rising from $11,530.0 million at a stable CAGR of 31.3% from 2020-2027.

Download FREE Sample Report of the Global Cognitive Cloud Computing Market: https://www.researchdive.com/download-sample/2800

Impact of COVID-19 on the Global Cognitive Cloud Computing Market

The rapid spread of the coronavirus over the past couple of years has been disadvantageous for a lot of organizations. Due to the implementation of lockdowns and the travel ban, multiple businesses had to shut down. On the contrary, the cognitive cloud computing market witnessed a surge in owing to its extensive use within the healthcare sector. Most pharmaceutical companies and clinicians utilized natural language processing (NLP) to manage patient related data by detecting symptoms of the virus in real time. This has also resulted in faster and more effective healthcare for the patient which has in turn led to an increase in demand for cloud computing technology in the healthcare sector.

Check out How COVID-19 impacts the Global Cognitive Cloud Computing Market: https://www.researchdive.com/connect-to-analyst/2800

Market Analysis

Growth: Cognitive cloud computing technology is known to process information from different sources which includes pattern recognition, data mining and more to provide the best methods a business can follow for better operations. It also uses artificial intelligence which assists humans in ensuring the best possible solutions to high priority situations. Due to this, cognitive cloud computing is being used in multiple industries such as retail, BFSI and healthcare to name a few and has helped enhanced their business opportunities. These factors have contributed to the rapid growth of the market in the analysis period.

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Check out all Information and communication technology & media Industry Reports: https://www.researchdive.com/information-and-communication-technology-and-media

Restraints: Due to the higher cost of the cognitive computing platforms, several small and medium businesses are unable to invest in it which could restrict the growth of the market. Additionally, there are several experts in the market who have been experiencing challenges with the software platforms and the process of development. These factors are expected to hamper the growth of the market in the forecast period.

Opportunities: With constant upgrades in technology there has also been a rise in the number of advanced tools and other interactive platforms within the cognitive cloud computing model. One such innovation was that of chatbots which used AI and ML to communicate with humans while also imitating a human conversation to provide quicker solutions to queries. Recently, chatbots which utilized cognitive cloud computing were also used by healthcare organizations to monitor patients among the rising COVID-19 cases. Thus, the above mentioned factors are set to provide an opportunity of growth for the market.

Segmental Analysis

The market is segregated into multiple segments based on technology, enterprise size, industry vertical, and region.

Access Varied Market Reports Bearing Extensive Analysis of the Market Situation, Updated With The Impact of COVID-19: https://www.researchdive.com/covid-19-insights

Natural Language Processing Technology Sub-Segment to Dominate the Market

By technology, the natural language processing technology sub-segment has held a significant position in the part in the market since 2019 and is predicted to grow further in the forecast period. NLP is an innovative form of technology that has when used in combination with cognitive computing technologies has helped machine to human communication and vice versa easier. The machines are capable of identifying data in multiple data in multiple languages with ease and at a consistent pace. These factors are set to add to the growth of the market in the forecast period.

Large Enterprises Sub-Segment Expected to Gain Highest Market Share

By enterprise size, the large enterprise sub-segment is predicted to hold the highest market share with a rise in revenue from $8,069.0 million in 2019 to over $73,711.1 million by 2027. This growth is credited to large companies opting for cognitive computing technology to assist the employees in the process of decision making.

Healthcare Sub-Segment to Garner Highest Revenue

By industry vertical, the healthcare sub-segment is predicted to gain the highest revenue as it has maintained its presence in the market since 2019 and is expected to rise further in the estimated timeframe. The healthcare sector is one of the primary users of cognitive computing technology due to which medical experts are able to provide better diagnosis and treatment options for several illnesses to patients.

Regional Analysis

The North America region garnered a revenue of $3,849.9 million in 2019 and is anticipated to grow at a rapid pace in the forecast period. The U.S and Canada are the largest investors for the growth of advanced technologies due to which they are known to be hubs for new innovations. Also, the efforts by the countries to ensure the adoption of these newly developed technologies which have contributed to the growth of the businesses. These factors are predicted to assist in the rapid growth of the market in the region.

Key Market Players

The report also contains an extensive list of key players whose strategies have assisted in the growth of the market. These include mergers, product launches, partnerships, and collaborations. Some of them are as listed below

1. Nuance Communications, Inc2. Numenta3. Microsoft4. CognitiveScale5. Expert.AI6. SparkCognition7. Cisco8. SAP9. Hewlett Packard Enterprise Development LP10. IBM

The report also provides an overview of many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments. Click Here to Get Absolute Top Companies Development Strategies Summary Report.

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Insight Unites with Women In Cloud to Accelerate Workplace Diversity in Technology – Yahoo Finance

By joining the #WICxFortune100 Initiative, Insight deepens its commitment to strengthening a partner network built on diversity and inclusion

TEMPE, Ariz., August 12, 2021--(BUSINESS WIRE)--Insight Enterprises (NASDAQ:NSIT), the global provider of Insight Intelligent Technology Solutions for organizations of all sizes, today announced a partnership with Women In Cloud, an economic development organization dedicated to advancing gender inclusion in technology, for the #WICxFortune100 Initiative.

Insight is supporting the #WICxFortune100 Initiative, a turnkey program for industry-leading corporations to create access for women in technology through representation, recruitment and relationship building. Women In Cloud is committed to developing the next generation of women entrepreneurs and leaders in the field of cloud computing and advancing the success of women in technology.

Insight has established a diverse supplier program that last year helped 185 women-owned small businesses gain exposure to Insights global clientele. A dedicated Diversity, Leadership and Organizational Development team is staffed full-time in the areas of sales and supplier diversity, recruitment, education and retention. The team has established robust training on allyship and eliminating unconscious bias in the workplace, provided through Insights Aspiring Leadership program.

Rooted in its core values of hunger, heart and harmony, Insight is promoting the equitable treatment of all teammates regardless of gender, race, ethnicity, age, sexual orientation or physical ability. As an industry pacesetter in advancing women in leadership, Insight now boasts 900 participants in its Women With Insight peer-network group. Women With Insight is one of eight diverse teammate resource groups led by nearly 1,300 teammates across North America for the purpose of advancing unity, professional development and mentorship across the company.

"One of the most exciting aspects of working in technology is how quickly everything evolves, where new ideas become building blocks to unlock our full potential. At Insight, we are intent on redefining the future of work not just through digital innovation but in fostering a culture of everyday respect as we empower equality, diversity of thought, and a sense of true belonging for everyone," said Glynis Bryan, Insight chief financial officer. "We have seen drastic change in business and in the world in general recently much of it challenging our everyday norms which is opening doors to new ways of thinking. Were proud to work with Women In Cloud to ensure this translates into greater opportunities to advance women in technology."

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As part of the partnership, Women In Cloud will host a series of events involving Insight leaders. The first of many was the #WICxInspire multi-day networking event in July, including speaking engagements by Amy Protexter, Insight senior vice president of marketing, and Megan Amdahl, Insight senior vice president of partner alliances. Insight also will present Dec. 10, as part of the #WICxFortune100 Lunch & Learn virtual series, an event uniting female entrepreneurs and female founders of cloud-based companies with key leaders from Insight and other cloud industry leaders. These events provide attendees with insights and information about the industry and help them to network with other women in the industry.

"The addition of Insight to our partner community brings another proven leader in workplace equality to accelerate Women In Clouds mission of creating greater economic access for women entrepreneurs," said Chaitra Vedullapali, co-founder, Women In Cloud. "A recent McKinsey study estimates if measures are taken now to increase access for women entrepreneurs, global GDP could improve by $13 trillion by 2030, an 11 percent increase compared to not taking any action at all. By working together with Insight and other Fortune 500 companies, we have the opportunity to influence business acceleration for generations to come."

Insight has been recognized as a champion of diversity, equality and inclusion by being named to the 2021 Fortune Worlds Most Admired Companies, Fortunes more recent Best Workplaces for Diversity list, the 2021 Forbes Americas Best Employers for Diversity, 2020 Forbes Worlds Best Employers and 2020 Forbes Americas Best Employers for Veterans rankings. The company also scored 95 out of 100 on the Human Rights Campaigns 2021 Corporate Equality Index of LGBTQ workplace equity.

For more information on Insight, visit insight.com or call 800-INSIGHT.

About Insight

Today, every business is a technology business. Insight Enterprises Inc. empowers organizations of all sizes with Insight Intelligent Technology Solutions and services to maximize the business value of IT. As a Fortune 500-ranked global provider of Digital Innovation, Cloud + Data Center Transformation and Connected Workforce solutions and services, we help clients successfully manage their IT today while transforming for tomorrow. From IT strategy and design to implementation, management and supply chain optimization, our employees help clients innovate and elevate their operations to run business smarter. Discover more at insight.com. NSIT

About Women In Cloud

Women In Cloud is a community-led economic development organization taking action to generate $1B in net new global economic access for women entrepreneurs by 2030 through partnerships with corporations, community leaders, and policymakers. Women in Cloud is built on the following core values; Inclusion, Collective Action, and Economic Access to help contribute to the UN 2030 Sustainable Development Goals. For further information, visit womenincloud.com or contact vibhac@womenincloud.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210812005577/en/

Contacts

Scott Walters Insight EnterprisesTel. (480) 889-9798Email: scott.walters@insight.com

Ariel Kouvaras Sloane & Co.Tel. (212) 446-1884Email: akouvaras@sloanepr.com

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CORRECTING and REPLACING Capital Online Selects Juniper Networks to Accelerate Cloud Business Transformation to Support Global Business Growth -…

BEIJING--(BUSINESS WIRE)--Please replace the release dated August 3, 2021, with the following corrected version due to multiple revisions.

The updated release reads:

CAPITAL ONLINE SELECTS JUNIPER NETWORKS TO ACCELERATE CLOUD BUSINESS TRANSFORMATION TO SUPPORT GLOBAL BUSINESS GROWTH

Junipers experience-first networking solutions were selected for converged cloud networking infrastructure, supporting Capital Online to build a new generation smart network architecture to drive the rapid growth of its global cloud business

Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Capital Online, a global data center and cloud service provider, selected Juniper Networks to build an expanded network infrastructure to support its ever-growing cloud business while simplifying network operations management through automation.

Chinas cloud computing industry has experienced robust growth in recent years and is expected to reach 367.05 billion yuan by 2023. As one of the few cloud service providers in China that can offer both IDC and cloud computing services, Capital Online is committed to enabling the development of the overall digital economy by providing products and services beyond its customers expectations. In line with the latest network technology trends and its own business demands, Capital Online has built and widely deployed a network architecture that is oriented to cloud-network convergence.

Alongside Junipers experience-first approach to networking solutions, Capital Online is able to rapidly grow its cloud business globally, while delivering a superior end-user experience for its customers.

News Highlights:

Supporting Quotes:

Capital Online is at the center of Chinas digital economic expansion, and Juniper is excited to be driving this growth alongside them. By applying industry-leading insights, automation, security and AI, we are relentlessly committed to constantly improving the network experience for our customers. As more organizations continue to place an increasing focus on automated network operations and maintenance (O&M) in this era of explosive data growth, AI-driven interconnected data centers have become crucial to the technological development of businesses today, and we are proud to be able to play such a significant role in this transformation.

Jing Youhao, Chief Technology Officer, China, Juniper Networks

Juniper Networks and Capital Online share the same views in the philosophy of network technology development, including open networks, cloud-network convergence and self-driving networks. Through the strategic partnership with Juniper Networks, we were able to massively upgrade and expand our global network infrastructure efficiently to continue our technology advancement. With strong support and technology innovation from Juniper Networks, Capital Online will be able to achieve the design goals of an open, simple and smart network architecture that is oriented to cloud-network convergence such as converged backbone (CBB) and unified fabric architecture (UFA). As such, we are able to provide customers with better and a wider variety of network services.

Xu Xiaohu, Chief Architect, Capital Online

Our collaborative partnership with Capital Online has resulted in building a strong foundation for the future development of the Internet Data Center industry in China amidst the ongoing technological transformation. We look forward to supporting the ever-growing business needs of Capital Online and strengthening its leadership position through the implementation of our cutting-edge solutions by delivering on an experience-centric network all while driving the long-term development of Chinas digital industry.

Norman Lam, VP & Managing Director, China, Juniper Networks

Additional Resources:

About Juniper Networks

Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the worlds greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

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WisdomTree – WisdomTree Cloud Computing Fund (WCLD) falls 0.55% in Active Trading on August 11 – Equities.com

Last Price$ Last TradeChange$ Change Percent %Open$ Prev Close$ High$ low$ 52 Week High$ 52 Week Low$ Market CapPE RatioVolumeExchange

WCLD - Market Data & News

WisdomTree Trust - WisdomTree Cloud Computing Fund (NASDAQ: WCLD) fell to close at $57.44 Wednesday after losing $0.32 (0.55%) on volume of 247,165 shares. The stock ranged from a high of $57.98 to a low of $56.67 while WisdomTree - WisdomTree Cloud Computing Funds market cap now stands at $1,289,528,000.

Visit WisdomTree Trust - WisdomTree Cloud Computing Funds profile for more information.

The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world's leading exchange for options volume and is home to the five largest US companies - Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information on WisdomTree Trust - WisdomTree Cloud Computing Fund and to follow the companys latest updates, you can visit the companys profile page here: WisdomTree Trust - WisdomTree Cloud Computing Funds Profile. For more news on the financial markets be sure to visit Equities News. Also, dont forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE:The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

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Where Will Competition in Big Tech Lead Investors? – ETF Trends

Healthy competition can be a good thing, and that also rings true amongst big tech firmsfuel for a trading opportunity in the Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL).

The growing importance of cloud computing prowess is already sparking legal battles between two of the biggest and brightest in tech.

Microsoft has protested the National Security Agencys (NSA) decision to award a lucrative cloud-computing contract to Amazon, a Business Insider report said. Microsoft filed the protest with the Government Accountability Office (GAO), the federal agency tasked with probing government spending decisions. It came after the NSA gave Amazon Web Services the deal, Nextgov reported, citing the protest documents.

Amazon versus Microsoft has been an ongoing battle as both vie for position as top dog in the ever-growing cloud computing industry. As those two duke it out, traders can seize opportunities for growth in WEBL.

The new protest filing comes after years of wrangling between two tech giants over the DoDs Joint Enterprise Defense Infrastructure (JEDI) contract, the Business Insider report added. In 2019, the DoD granted Microsoft the $10 billion contract, which Amazon argued former President Trump had improperly influenced through his public criticisms of former Amazon CEO Jeff Bezos.

Amazon is also WEBLs biggest holding, so any advancements to improve or scale is cloud computing business further is a win-win for the triple-leveraged fund. WEBL seeks daily investment results equal to 300% of the daily performance of the Dow Jones Internet Composite Index.

ETF traders looking for a specific play to leverage a drop-off in cloud computing can look to the Direxion Daily Cloud Computing Bear 2X Shares (CLDL).

CLDL seeks 200% of the inverse (or opposite) of the daily performance of the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions, or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the funds net assets (plus borrowing for investment purposes).

For more news and information, visit the Leveraged & Inverse Channel.

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Cloud Data Growth Will Affect Jobs in 2021 and Beyond – Dice Insights

Avoiding the cloud is becoming impossible for technologists. From casual smartphone meme-seekers to Fortune 500 companies, billions of people engage with cloud-hosted data dailywhich means technologists jobs will inevitably touch the cloud, as well. Personal photos, business documentseven low-code services crafted by non-engineers at businesses everywhereall live in the cloud.

The web itself is a tangle of cloud-hosting. When a service such as AWS goes down for even a few minutes in a specific region, global panic ensues. Just this year, content delivery networks Akamai and Fastly crashed, bringing the web to its knees. Fastlys scenario proved just how tenuous and fragile the web (and cloud) can be; a single user triggered a specific sequence of events that ultimately resulted in an undetected bug crashing the whole network. Akamai, which delivers websites hosted on Amazons AWS platform, failed in July, crippling major websites like Home Depot and Delta.

Despite these highly publicized failures, the cloud continues to expand its reach. How will the cloud evolve, and how will that impact jobs both in the near- and long-term? We spoke to several experts on how they feel cloud-based jobs (and the discipline itself) may change over the next decade.

Quimby Melton, co-founder and CEO at data privacy firm Confection, says, Given the vast performance and storage demands of the modern world, and given that each is only likely to accelerate in the years to come, I cant imagine a plausible bearish case for cloud computing.

Solutions Architect at cybersecurity firm Exabeam,Keith Biggin, agrees, telling Dice: There is little doubt that the need for cloud specialists is growing rapidly. The benefits to organizations of moving to the cloud are potentially enormous. Historically, the cost burden of maintaining infrastructure and systems can be substantially reduced in the cloud, making it attractive to both IT and finance teams.

That growth, however, means that technologists who specialize in the cloud must learn constantly, and keep up-to-date on the biggest cloud platforms latest features, pricing, and quirks. The various leading platform vendors all have their own ways of management and developing within them, Biggin continues. Add to that the speed at which they all change and improve means its almost impossible to be fully skilled in all the leading cloud platform providers. Specialists are now focusing on specific platforms out of necessity of the roles they have. This is leading to a steady increase in the need for people across all areas of cloud architecture and engineering.

Biggins comments underscore a critical point: though weve become highly reliant on the web, weve not yet perfected it. Theres a lot of work to be done in building, maintaining, and iterating on cloud buildouts. Gartnerpredictsthat, by 2026, the cloud will consume 45 percent of all IT spending, up from less than 17 percent in 2021.

Mark Cusack, CTO of data warehousing company Yellowbrick, suggests that, as the cloud matures, so will its jobs:

Were seeing data warehouses acquiring more abilities to process semi-structured and unstructured data and providing machine learning functionality, while at the same time data lake approaches are gearing up to tackle data warehousing workloads. It seems inevitable that these approaches will come together.Data lakehouseson the market claim to do this today, but they are not there yet. Over the next 10 years, I believe well see a simplification of the current cloud landscape through the emergence ofdistributed clouds. Distributed clouds take the hardware and software stacks in the public cloud and deploy them everywhere, including at the network edge. When that happens, well be able to seamlessly deploy analytics anywhere based on data gravity, data sovereignty and data latency needs, opening new IoT use cases in many industries.

To Cusacks point, many experts we spoke with suggest the next phase of the web is about fully understanding the cache of data accumulated over the past 10-15 years. We tend to romanticizemachine learningfrom companies like Google or IBM; now we need to see whether those machine-learning services can actually deliver what they promise in terms of discovering and mining key data for insight.

Alex Feiszli, CEO of enterprise cloud solutions startupGRAVITL, says that most tech jobs will involve cloud skills sooner or later:In 10 years, I think well have moved into a more abstract version of the cloud. Different cloud vendors will mesh together along with private data centers, edge servers, and IoT. We are beginning to see this now, but a new ecosystem is emerging around hybrid/multi/edge cloud solutions. Basically, anything that can merge different environments together and make them all easily manageable.

The average enterprise has over five clouds in production now, Feiszli adds: Thats a big headache to deal with. In addition, many companies who have gone all-in on a single cloud are just now realizing the need to move some of those services back to on-prem or to a different cloud.

Lorna Mitchell, head of developer relations at Aiven, thinks the cloud is a pretty safe trend to bet on: I think whats next will mean moving beyond doing what we already know, but in the cloud instead of the datacenter. Instead, well be compiling our applications from a lively marketplace of next-generation services that will form the cloud platform of the future. Having so many ways to bring services together means well also need to get better at using standard ways to integrate all these new shiny things to create something amazing.

Technologists should also pay attention to the emergence ofdistributed clouds.With the emergence of distributed clouds, there will be a need to re-think how data and analytics work in a geographically disparate world, Cusack notes. Perhaps well see job postings for distributed cloud developers, who are responsible for building applications that span all the way from the IoT edge to the cloud center. DevOps, FinOps and SecOps roles will also need to expand to address the automation, cost control, and security and governance challenges that will emerge in future distributed clouds.

The cloud is in a state of rapid expansion and experiencing growing pains. As companies increase their headcounts and new firms spring up to tackle specific issues related to cloud computing and data, the field will only expand. While experts see cloud-centric jobs evolving, none consider these cloud jobs to be at risk of a reduction in force.

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Cloud Data Growth Will Affect Jobs in 2021 and Beyond - Dice Insights

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