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How beverage industry is affected by machine learning & AI | FNB News – fnbnews.com

What is artificial intelligence?Artificial intelligence (AI) is the science and engineering of making intelligent machines, especially intelligent computer programs. Artificial intelligence is related to the similar task of using computers to understand human intelligence, but AI does not have to confine itself to methods that are biologically observable.

Simply put, AIs goal is to make computers/computer programs smart enough to imitate the human mind behaviour.Knowledge Engineering is an essential part of AI research. Machines and programs need to have bountiful information related to the world to often act and react like human beings. AI must have access to properties, categories, objects and relations between all of them to implement knowledge engineering. AI initiates common sense, problem-solving and analytical reasoning power in machines, which is much difficult and a tedious job.

What is machine learning?Artificial Intelligence and Machine Learning are much trending and also confused terms nowadays. Machine Learning (ML) is a subset of Artificial Intelligence. ML is a science of designing and applying algorithms that are able to learn things from past cases. If some behaviour exists in past, then you may predict if or it can happen again. Means if there are no past cases then there is no prediction.

ML can be applied to solve tough issues like credit card fraud detection, enable self-driving cars and face detection and recognition. ML uses complex algorithms that constantly iterate over large data sets, analysing the patterns in data and facilitating machines to respond different situations for which they have not been explicitly programmed. The machines learn from the history to produce reliable results. The ML algorithms use Computer Science and Statistics to predict rational outputs.

Safety & quality:Artificial intelligence frameworks deliver more secure, more precise production lines results with more prominent speed and more consistency than human workers. Whats more, on the processing plant floor, AI-based detection can be utilised to keep employees and equipment safer, recognising likely dangers, for example, a worker who has forgotten to wear the appropriate safety gear.

Waste reduction and transparency:

Obviously, the beverage industrys waste angle is a profoundly discussed and scrutinised part of the business. All through the worlds supply chains, AI is being utilised to follow each and every stage of the manufacturing and supply chain process, for example, tracking costs, overseeing stock levels, and even nations of origin.

Improving food safety standards:Regardless of where you go on the planet, food safety standards are consistently imperative to follow, and guidelines appear to be turning out to be stricter constantly. Particularly with Covid-19, and nations become more mindful of how contaminated food can be.

Luckily, robots that utilise AI and machine learning can handle and process food, fundamentally disposing of the odds that contamination can happen through touch. Robots and machinery cant communicate infections and such that people can, accordingly limiting the risk of it turning into an issue.

PackagingArtificial intelligence-driven robotics are proving key to meeting the pressing and picking demands quickened by customers expanding utilisation of e-commerce. The complex and work escalated nature of the process offers remarkable potential for intelligent automation.

Supply chain managementAI is essentially programming computers so they can receive data, evaluate it, make a decision based on the evaluation, and then perform a given task based on the decision. This emerging technology helps the beverage industry with Supply Chain Management through logistics, predictive analytics, and transparency. The dairy industry is using AI to improve quality assurance, provide better forecasting models, and keep up with consumer trends.

Rising technologies based on artificial intelligence & machine learning in beverage industry

RoboticsRobots refer to machines that can perform tasks or operations by themselves after being programmed using a computer. Those tasks may be either simple and repetitive, or adaptive and more complex, in which the latter requires the integration of other AI methods, such as CV and ML, to continually retrain and learn to carry out more advanced operations.In tea and coffee, robots have been developed for brewing and dispensing purposes. a tea brewing machine is able to make cups of tea in specific times with adequate water temperature and record the consumption patterns. Another recent development was a robot named Teforia; it consists of an in-home tea maker in which the user is able to add any combination of tea leaves and water, then the robot is controlled using a smartphone application to start the process; it claims to be able to brew the beverage to achieve the optimal flavour profile for each consumer. In the case of coffee, a robotic coffee maker, Mugsy, was developed using Raspberry Pi and it is possible to integrate it with different applications such as text messages, Twitter or an Alexa device, which are used to indicate to the robot to start brewing the coffee.

A commercial robotic pourer has been developed, which consists of two arms and a screen; the authors integrated it with a camera, which is able to detect the level of the liquid to predict when to stop serving. A robotic arm was designed to pick a cup and serve the beverage ordered (orange juice, apple juice or iced tea), a second robot was programmed to pick the bottled soft drinks and take them to the clients table, while a third machine was intended to have a conversation with clients while waiting for the order.

Computer vision techniquesThe CV technique refers to a subdivision of AI, which consists of automatic information extraction from either images or videos by imitating the human eye functions. It can be coupled with robotics, specific equations or algorithms, basic statistics, and ML algorithms, to fully automate the technique as an AI system; this may allow the procedure to be stand-alone and to classify or predict the quality parameters of the product. Some advantages include that it is non-destructive, non-contact, may be replicated, is automatic, and therefore, considered as a rapid method, which is more accurate and reliable than some traditional procedures such as visual inspection and sensory analysis, which include human error as a possible drawback.

Machine learningMachine learning (ML) is a branch of artificial intelligence, which refers to a computer-based system that may be trained to find patterns among a dataset to classify or predict specific parameters, and it is able to improve its performance by feeding new data. Machine learning may be divided into supervised and unsupervised algorithms, which, at the same time, may be classified into different subtypes.The use of ML has been increasing in recent years in the food and beverage industry due to its ability to improve production and assess the quality in a faster, more accurate, objective, and cost-effective way.

1. Machine learning in hot beveragesCompared to other types of beverages, the application of ML has been less explored in hot drinks. By using machine learning, the quality of green or black tea can be predicted with the help of different inputs. Green teas can be classified according to the quality grade using both back propagation neural networks and probabilistic neural networks with the outputs of an e-nose as inputs of the models.

A model has been developed using the flavonoids, catechins, and total methyl-xanthines content to predict the antioxidant activity. CIELab colour parameters of coffee beans are used to classify them according to their colour through ANN with a 100% accuracy; however, that perfect classification is due to the direct relationship of the categories and the inputs, which makes the model senseless and useless. A model is developed to predict the roasting degree of coffee using results from hyperspectral images (8741734 nm) through support vector machine with a 90% accuracy.

2. Machine learning in non-alcoholic beveragesThere are several studies using ML in non-alcoholic beverages; however, it has not been applied extensively for water quality assessment, and nothing has been done in bottled water. An ANN model is used to assess the quality of drinking water when entering the distribution system, using microbiological and chemical data as inputs with 100% accuracy. No recent studies have been published regarding the application of ML in soft drinks; however, there are some papers in fruit juices. The use of e-nose outputs as inputs to model fruit juices quality has been popular. ML has been used to classify strawberry juice samples according to the processing treatment with 100% accuracy.

Conclusion:Despite the increasing trend in the applications of emerging technologies, which involve the use of AL, robotics, ML and CV in the beverage industry, there are still several gaps to be covered. Robotics science needs to be more explored in beverages as a tool to aid other AI components, which would maximise the use of some emerging methods. Regarding CV, most approaches developed mainly for the assessment of hot drinks and non-alcoholic beverages are based on the analysis of colour; however, more research needs to be conducted to apply this technology to measure other parameters related to the quality traits specific to each product.

The main issue with ML is that there is still a lack of knowledge among researchers concerning the proper development techniques, usage, and interpretation of the algorithms and modelling, as well as the way to select the best models to avoid over- or under-fitting, which are common problems within the existing publications. Furthermore, the combination of two or more of the aforementioned methods should be considered to be implemented as an approach to AI in the different beverage categories, especially for hot and other non-alcoholic drinks in which these technologies have not been very popular among the companies.

(Sanjay is head, SafeFoodz Solutions, a food safety-regulatory advisor-trainer. The article is co-authored by Arya and supported by Saisha Raut, They can be reached at safefoodz@gmail.com)

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Insights and Prediction of Machine Learning in Medical Imaging Global Market (2020-2027) KSU | The Sentinel Newspaper – KSU | The Sentinel Newspaper

The Machine Learning in Medical Imaging market research in this report provided by Global Market Monitor includes historical and forecast market data, consumer demand, application segmentation details, and price trends. This report also provides a detailed overview and data analysis of major Machine Learning in Medical Imaging companies during the forecast period.

Medical imaging analytics tools become more readily available, providers are likely to find strong incentives to investigate the best way to integrate artificial intelligence/machine learning into their imaging strategies. Machine Learning in Medical Imaging has awfully increasing development trend.

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Leading Company for Driving Market GrowthThe global Machine Learning in Medical Imaging market growth is also reliant on the development of active players in the industry, which are:Alibaba Zebra MaxQ AI Aidoc Google Arterys Tencent

View the Comprehensive Analysis on Various Segment:https://www.globalmarketmonitor.com/reports/655502-machine-learning-in-medical-imaging-market-report.html

Application SynopsisThe Machine Learning in Medical Imaging Market by Application are:Breast Lung Neurology Cardiovascular Liver Others

Global Machine Learning in Medical Imaging market: Type segmentsSupervised Learning Unsupervised Learning Semi Supervised Learning Reinforced Leaning

Table of Content1 Report Overview1.1 Product Definition and Scope1.2 PEST (Political, Economic, Social and Technological) Analysis of Machine Learning in Medical Imaging Market2 Market Trends and Competitive Landscape3 Segmentation of Machine Learning in Medical Imaging Market by Types4 Segmentation of Machine Learning in Medical Imaging Market by End-Users5 Market Analysis by Major Regions6 Product Commodity of Machine Learning in Medical Imaging Market in Major Countries7 North America Machine Learning in Medical Imaging Landscape Analysis8 Europe Machine Learning in Medical Imaging Landscape Analysis9 Asia Pacific Machine Learning in Medical Imaging Landscape Analysis10 Latin America, Middle East & Africa Machine Learning in Medical Imaging Landscape Analysis 11 Major Players Profile

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Regional Segment AnalysisThe report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

?Target Audience:Machine Learning in Medical Imaging manufacturersDistributors and resellers of Machine Learning in Medical ImagingMachine Learning in Medical Imaging industry associationsProduct managers, Machine Learning in Medical Imaging industry administrator, C-level executives of the industriesMarket research and consulting firmsSmall and Medium-sized Enterprises (SMEs) Machine Learning in Medical Imaging potential investorsMachine Learning in Medical Imaging key stakeholders Machine Learning in Medical Imaging end-user sectorsResearch and Development (R&D) companies

Key Questions Answered by Global Market Monitor Research Report:What is the size and CAGR of the global Machine Learning in Medical Imaging Market?Which are the leading segments of the global market?Which region may hit the highest market share in the coming era?What are the main strategies adopted in the global market?What growth impetus or acceleration market carries during the forecast period?What are the key driving factors of the most profitable regional market?What trends, challenges, and barriers will impact the development and sizing of the Global Machine Learning in Medical Imaging Market?

About Global Market MonitorGlobal Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.ContactGlobal Market MonitorOne Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,NY 11201, USAName: Rebecca HallPhone: + 1 (347) 467 7721Email: info@globalmarketmonitor.comWeb Site: https://www.globalmarketmonitor.com

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3 Applications of Machine Learning and AI in Finance – TAPinto.net

Thanks to advanced technology, consumers can now access, spend, and invest their money in safer ways. Lenders looking to win new business should apply technology to make processes faster and more efficient.

Artificial intelligence has transformed the way we handle money by giving the financial industry a smarter, more convenient way to meet customer demands.

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Machine learning helps financial institutions develop systems that improve user experiences by adjusting parameters automatically. It's become easier to handle the extensive amount of data related to daily financial transactions.

Machine learning and AI are changing how the financial industry does business in these ways:

Fraud Detection

The need to enhance fraud detection and cybersecurity is no longer an option. People pay bills, transfer money, trade stocks, and deposit checks through smartphone applications or online accounts.

Many businesses store their information online, increasing the risk of security breaches. Fraud is a major concern for companies that offer financial services--including banks--which lose billions of dollars yearly.

Machine learning and artificial intelligence technologies improve online finance security by scanning data and identifying unique activities. They then highlight these activities for further investigation. This technology can also prevent credential stuffing and credit application fraud.

Cognito is a cyber-threat detection and hunting software impacting the financial space positively. Its built by a company called Vectra. Besides detecting threats automatically, it can expose hidden attackers that target financial institutions and also pinpoint compromised information.

Making Credit Decisions

Having good credit can help you rent an apartment of your choice, land a great job, and explore different financing options. Now more than ever, many things depend on your credit history, even taking loans and credit cards.

Lenders and banks now use artificial intelligence to make smarter decisions. They use AI to accurately assess borrowers, simplifying the underwriting process. This helps save time and financial resources that would have been spent on humans.

Data--such as income, age, and credit behavior--can be used to determine if customers qualify for loans or insurance. Machine learning accurately calculates credit scores using several factors, making loan approval quick and easy.

AI software like ZestFinance can help you to easily find online lenders, all you do is type title loans near me. Its automated machine learning platform (ZAML) works with companies to assess borrowers without credit history and little to no credit information. The transparent platform helps lenders to better evaluate borrowers who are considered high risk.

Algorithmic Trading

Many businesses depend on accurate forecasts for their continued existence. In the finance industry, time is money. Financial markets are now using machine learning to develop faster, more exact mathematical models. These are better at identifying risks, showing trends, and providing advanced information in real time.

Financial institutions and hedge fund managers are applying artificial intelligence in quantitative or algorithmic trading. This trading captures patterns from large data sets to identify factors that may cause security prices to rise or fall, making trading strategic.

Tools like Kavout combine quantitative analysis with machine learning to simultaneously process large, complex, unstructured data faster and more efficiently. The Kai Score ranks stocks using AI to generate numbers. A higher Kai Score means the stock is likely to outperform the market.

Online lenders and other financial institutions can now streamline processes thanks to faster, more efficient tools. Consumers no longer have to worry about unnecessary delays and the safety of their transactions.

About The Author:

Aqib Ijaz is a content writingguru at Eyes on Solution. He is adept in IT as well. He loves to write on different topics. In his free time, he likes to travel and explore different parts of the world.

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Latest innovative report on Machine Learning in Medicine Market by 2028| Industry Supply Chain Analysis, Growth Opportunities, and Business…

The Latest Released Global Machine Learning in Medicine Market study by Market Research Inc. offers a critical assessment of key growth dynamics, emerging avenues, investment trends in key regional markets, and the competitive landscape in various regions and strategies of top key players. The study also offers insight into the share and size of various segments in the market. The report presents the market analysis based on several factors. Different exploratory techniques such as qualitative and quantitative analysis have been used to give data accurately. For a better understanding of the customers, it uses effective graphical presentation techniques, such as graphs, charts, tables as well as pictures.

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The Global Machine Learning in Medicine Market Report gives a clear idea about the global competitive landscape; it offers unique insights into the businesses by providing detailed data about some significant strategies to get customers rapidly. To get a clear idea about the ups-downs of the businesses some significant case studies have been included in terms of statistical data. Additionally, it offers informative data on recent trends, tools, methods, and technologies that are driving the growth of the market. Different approaches have been used to analyze the different restraining factors in front of the businesses.

Major Market Players Profiled in the Global Machine Learning in Medicine Market Report includes:

Proceeding further, The Machine Learning in Medicine report of Market incorporates segmentation studies including product and application categories, and Regional-level analysis of the top geographies. Moving to the market competitive scenario, product and service offering of the prominent organizations along with business strategies employed by them to maintain a strong hold in this marketplace are reviewed thoroughly.

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Global Machine Learning in Medicine Market segmentation:

Based on Type:

Based on Application:

Geographically, the market has been fragmented into several regions such as:

This report provides a detailed and analytical look at the various companies that are working to achieve a high market share in the global Machine Learning in Medicine market. Data is provided for the top and fastest growing segments. This report implements a balanced mix of primary and secondary research methodologies for analysis. Markets are categorized according to key criteria. To this end, the report includes a section dedicated to the company profile. This report will help you identify your needs, discover problem areas, discover better opportunities, and help all your organizations primary leadership processes. You can ensure the performance of your public relations efforts and monitor customer objections to stay one step ahead and limit losses.

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The years considered to estimate the market size in this study are as follows:

Key Highlights of the report:

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Market Research Inc. is farsighted in its view and covers the massive ground in global research. Local or global, we keep a close check on both markets. Trends and concurrent assessments sometimes overlap and influence the other. When we say market intelligence, we mean a deep and well-informed insight into your products, market, marketing, competitors, and customers. Market research companies are leading the way in nurturing global thought leadership. We help your product/service become the best they can with our informed approach.

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gotomyerp Becomes SOC 1 and 2 Certified – PR Web

Our customers can be assured that we are doing everything we can to provide even more secure and stable cloud services for their businesses. Receiving the certifications ourselves is an important step to establishing the highest standard of compliance.

COSTA MESA, Calif. (PRWEB) April 29, 2021

gotomyerp, a leading US-based cloud hosting provider, has just announced that it has successfully completed the System and Organization Controls (SOC) certifications. The SOC 1 and 2 reports affirm that the practices, policies, and procedures implemented by the company match the SOC standards for confidentiality and security, which is an extremely important practice especially for highly regulated industries.

Transitioning from managing your own data to considering cloud hosting options can create uncertainty. If you are assessing potential cloud providers, using a company that has a SOC 2 certification gives you transparency for what to expect of the provider. Although understanding which providers are indeed SOC certified can be tricky, as some companies offer SOC 1 and 2 compliant environments without being certified themselves. With the increased need for cloud hosting, there is also a need for cloud service providers to build trust with clients and have more transparency about their processes and business operations, says Robert Eppele, the CEO of gotomyerp. Our customers can be assured that we are doing everything we can to provide even more secure and stable cloud services for their businesses. Receiving the certifications ourselves is an important step to establishing the highest standard of compliance.

Originally developed by the American Institute of CPAs (AICPA), the SOC reports are the indicators that the company can control the risks of the services they provide. It has been certified that gotomyerps processes adhere to the security principles defined under the Trust Services Principles and Criteria for Security. The companys internal controls meet the required criteria such as security, availability, processing integrity, confidentiality, and privacy that make up the SOC Compliance standard.

gotomyerps SOC reports are significant to clients because they verify that a cloud provider effectively implements and practices what they say they do. Even if you dont have compliance requirements, a SOC 2 report is a written form of assurance that your data is protected.

In addition to the SOC reports, the cloud hosting provider has launched the GovCloud service. gotomyerps GovCloud always private dedicated service is built on Amazon Web Services (AWS) infrastructure to provide businesses with the top-rated environment to support highly intensive or sensitive data cloud workload.

About the Company Established in 2005, gotomyerp is an international leader in fully managed cloud hosting, specializing in QuickBooks, Sage, SAP, and all related third-party integrations. Based in Costa Mesa, gotomyerps global support and infrastructure allow customers from micro to enterprise, and each customer is provided with their own private network and computing resources.

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Upcoming Opportunities in Business Cloud Storage Market: Future Trend and Analysis of Key Segments and Forecast 2021 to 2026 NeighborWebSJ -…

New research report on Business Cloud Storage market size by In4Research provides the latest developments in the market has attained and the latest news regarding the market and its building blocks. Some of the most accurate topics mentioned in the report include market drivers and restraints, challenges, opportunities, COVID-19 information related to the market, key players of the market, and the entire market segmentation.

This report provides data for the base year 2020 as well as the forecast period (2021-2026) along with the CAGR. This report contains detailed research of the market from the industry level to the market players and how the market is functioning at present along with all the relevant data and information. Thereby, the Business Cloud Storage research report has been formulated encompassing all the key points that are present in the form of tables and graphs to make it more specific for decision-makers.

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The segmental analysis offered in the report pinpoints key opportunities available in the Business Cloud Storage market through leading segments. The regional study of the Business Cloud Storage market included in the report helps decision-makers to gain a sound understanding of the development of different geographical markets in recent years and going forth.

By Type:

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To comprehend Global Business Cloud Storage market dynamics in the world mainly, the worldwide Business Cloud Storage market is analyzed across major regions. A customized study by region and country can be provided considering the below splits.

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Major Companies included in the Business Cloud Storage market:

The report provides in-depth information about profitable showing markets and examines the markets for the global Business Cloud Storage market with business strategies of the key players and the new entering market industries are considered in detail and it presents the deep-dive eyesight of this Business Cloud Storage market from 2021 to 2026 and prospective prediction market trends.

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3 Reasons to Invest in Cloud Storage – GISuser.com

Businesses have to make a range of investments these days when it comes to services and tools. However, due to budget constraints, they have to be selective about the services they invest in, and they have to prioritize and decide which ones are most crucial in terms of aiding their day-to-day operations. In the digital age we live in today, digital tools have become especially vital to businesses of all sizes, and many invest huge amounts in tech services.

One of the services you may have looked into is cloud storage, and this is something that businesses in all industries have started to use over the years. This is definitely a priority investment that all businesses, big and small, need to think about if they do not already have solutions in place. With cloud storage, you not only benefit from greater convenience and ease, but you are also in a better position to protect your business. In this article, we will look at some reasons to invest in cloud storage for your business.

Why This Is a Crucial Investment

In the digital era we live in today, businesses have become reliant on digital technology. Huge amounts of data and files are saved using this method, and this provides a host of valuable benefits for businesses. However, it can also result in greater risks for your business in terms of loss of data and similar issues.

Having cloud storage can help to protect your data and files, as well as offering a range of other benefits. Some of these are:

Greater Security and Protection

One of the things you can benefit from when you have these solutions in place is greater security and protection when it comes to your business data and files. While there is no doubt that digital technology has provided many benefits for businesses, it has also increased risks in a number of ways. This includes the risk of files and data being compromised due to hackers and cybercriminals, the loss or damage of files and data due to human error, and even loss of access to data due to equipment issues. Cloud storage can help to ensure your files and data are protected on a remote data server with extensive security measures in place.

Providing Multiple People with Easy Access

While the data and files in the cloud will be properly protected and secured because of the security measures in place, they will also be easy for you to access. In fact, depending on who you authorize to access the account, multiple people can access the stored data and files whenever they need to, from any internet device, and from anywhere in the world as long as they have internet access. This means complete convenience and ease for your business.

Helping in the Event of Equipment or Service Issues

One additional thing to consider is that these solutions can help in the event of equipment or service issues that could otherwise affect your ability to access the data and files. When you have stored them in the cloud, you can still access them even if there are issues with your onsite services and equipment.

These are some of the reasons you should invest in cloud storage.

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Microsoft: It’s 90 days until the end of Skype for Business Online, here’s what to expect – ZDNet

Keep working on your Teams upgrade plan, Microsoft has warned organizations still on Skype for Business Online as it gears up to switch off Skype for Business Online on July 31, 2021.

Microsoft warned customers with Skype for Business Online two years ago that the service would reach end of life on July 31, 2021, at which point customers would need to move to Microsoft Teams. It sent another reminder in February, six months ahead of the cut-off date, urging customers to migrate to Teams immediately. The other option is moving to an instance of Skype for Business Server.

Now, in a new blogpost three months out from deadline, it's told customers still on Skype for Business Online to "keep working your upgrade plan" and detailed what customers can expect before July 31.

SEE: Guide to Becoming a Digital Transformation Champion (TechRepublic Premium)

"Skype for Business Online will be fully functional through July 31, 2021 to allow customers time to transition users to Teams or to an instance of Skype for Business Server," Microsoft said.

But there are some other factors customers should take into account, including services integrated with Skype for Business Online, and several other interim migration options, such as "Teams Only" and coexistence mode. After the cut-off date, Teams Only will be the sole option.

Key changes Microsoft is alerting customers to before July 31:

In the coming weeks, Microsoft will also start scheduling "Microsoft-assisted upgrades" to Teams for customers with cloud-only or hybrid deployments as a "last-mile" transition service. Microsoft has posted a document explaining Microsoft-assisted upgrades, which will begin in August.

Microsoft adds that users within a tenant can expect to be upgraded within 24 hours from the start of the upgrade. After the upgrade and once users log out of Skype for Business Online, they will only be able to use Teams for messages, chat and scheduling meetings.

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Creating Cloud Security Policies that Work | The State of Security – tripwire.com

Now that the ongoing worldwide trend toward going digital has been accelerated by COVID-19, taking extra precautions to protect your organizations data, communications and information assets is more important than ever.

Of course, there are many traditional and emerging ways to protect and secure your business:

However, the chief focus of this discussion will be on protecting your organization by creating and implementing cloud security policies or by updating and fortifying existing ones.

This is essential because, as reported in CIO, nearly all enterprises (96%) use cloud computing in some capacity, with a strong majority (81%) now employing multi-cloud scenarios and strategies.

Cloud security refers broadly to measures undertaken to protect digital assets and data stored online via cloud services providers, says Investopedia, which notes that common threats to cloud security include data breaches, data loss, account hijacking, service traffic hijacking, insecure application program interfaces (APIs), poor choice of cloud storage providers and shared technology that can compromise cloud security.

The good news is that the major cloud computing providers (including the Big Three of Amazon, Google and Microsofts Azure) invest heavily in providing cloud security to their users. What is crucial to understand, however, is that even though cloud computing itself is considered to be relatively safe, significant risk does come into play in terms of how you, the user, implement safety protocols and precautions on your side of the cloud computing experience.

More on this in a moment, but first, here is a quick review from Cloud Security Alliance and Tripwire on some of the top cloud security challenges:

There are many complex explanations out there that aim to answer the question: Why do I need a cloud security policy? Heres a simplified answer in four bullet points:

Perhaps the most important reason to implement and update cloud security policies for your organization is connected to a central tenet of cloud security known as the shared responsibility model.

Operationally speaking, security is broken into two components:

Cloud service providers (CSPs) are responsible for this. As explained in this article on the shared responsibility model: CSPs have the responsibility to ensure that their infrastructure is free from vulnerabilities. Theyre also responsible for the physical security of the cloud service and ensuring that unauthorized physical access to the hardware or software is prevented, as well as disaster and incident response. And doing so doesnt come cheap. Microsoft reportedly spends over $1 billion each year on security protections, including research and development.

This is your responsibility. OK, perhaps not you personally, but definitely your organization. According to an informative Wall Street Journal article, Gartner Inc. estimates that up to 95% of cloud breaches occur due to human errors such as configuration mistakes, and the research firm expects this trend to continue.

Connecting with a cloud security provider has many advantages, but can also be an extremely complex proposition. According to the article Human Error Often the Culprit in Cloud Data Breaches, Amazon Web Services has a130-page instruction guidefor how to operate Amazon Simple Storage Service (Amazon S3). The cloud users responsibility necessitates ongoing vigilance around password security, internal and external sharing of data, third-party access and much more. For many companies and organizations, cloud security also comes with regulatory requirements (for example: information access rules set forth HIPAA, GDPR, Sarbanes-Oxley, etc.).

For obvious reasons, creating a cloud security policy is an extremely complex undertaking. This is not a situation where you task the new guy in IT with whipping something together by end of day Friday. Youll need to engage senior leadership, IT leadership and perhaps even outside consulting firepower to create a comprehensive policy that truly protects your organization from risk.

Here is an overview of some of the key elements of creating a cloud security policy from TechTarget:

Global IT services provider PhoenixNAP offers a simplified look at several key aspects that must be addressed in a cloud security policy. These include:

Here are a couple of other helpful resources when it comes to developing an effective cloud security policy:

Digital Guardian provides a list of 50 cloud-based security tips. Weve curated a few of the most useful ones to help with your cloud security policy journey:

Finally, being transparent about your rigorous cloud security policies and protocols can be important in providing added peace of mind to customers or other organizations with which you do business.

About the Author:Michelle Moore, Ph.D., is academic director and professor of practice for theUniversity of San Diegos innovative online Master of Science in Cyber Security Operations and Leadership program. She is also a researcher and author with over two decades of private-sector and government experience as a cybersecurity expert.

Editors Note:The opinions expressed in this guest author article are solely those of the contributor, and do not necessarily reflect those of Tripwire, Inc.

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Penn State Continues Transition From Box To Microsoft OneDrive Storage – Onward State

Penn States transition from Box to Office 365 cloud storage will continue throughout the 2021 summer beginning in June.

To get things started, students are encouraged to delete unnecessary files and follow steps outlined in the Box pre-mitigation checklist. Seniors graduating this summer are encouraged to download any data from Box that they want to keep, as it wont be recoverable after September.

Box data cant be accessed while its being migrated. Larger accounts will take longer to transfer, which is why its important to delete unnecessary files to speed up the process. Students will be notified once the transfer is complete to OneDrive.

Penn State announced its plans to discontinue the use of Box in 2021 and begin using Microsoft OneDrive and Sharepoint. The migration process began in October 2020. Penn State decided to discontinue using Box due to increased prices and the end of its unlimited storage offer.

Box will be retired at Penn State by September 2021. More information about the transition from Box to Office 365 cloud can be found on the Box migration website.

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Penn State Continues Transition From Box To Microsoft OneDrive Storage - Onward State

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