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Bitcoin drops, further losses expected | Business | unionleader.com – The Union Leader

A fresh bout of selling on Friday drove bitcoin down as much as 7.9% to $47,525 below its 100-day moving average as it continued to take out key technical levels. Wall Street analysts warn of further losses for the notoriously volatile currency that hit a record high of $64,870 on April 14 ahead of Coinbase Global Inc.s listing, before succumbing to an unexplained weekend swoon.

This weeks roughly 20% rout marks the worst period for bitcoin since it tumbled amid a wider slump in risk assets at the end of February. Even digital currencies that have managed to eke out gains over the past few days, like Ether and the satirical Dogecoin, tumbled on Friday as the crypto space turned into a sea of red.

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Visualizing the Power Consumption of Bitcoin Mining – Visualcapitalist – Visual Capitalist

View the high-resolution of the infographic by clicking here.

Oil is one of the worlds most important natural resources, playing a critical role in everything from transportation fuels to cosmetics.

For this reason, many governments choose to nationalize their supply of oil. This gives them a greater degree of control over their oil reserves as well as access to additional revenue streams. In practice, nationalization often involves the creation of a national oil company to oversee the countrys energy operations.

What are the worlds largest and most influential state-owned oil companies?

Editors Note: This post and infographic are intended to provide a broad summary of the state-owned oil industry. Due to variations in reporting and available information, the companies named do not represent a comprehensive index.

National oil companies are a major force in the global energy sector, controlling approximately three-quarters of the Earths oil reserves.

As a result, many have found their place on the Fortune Global 500 list, a ranking of the worlds 500 largest companies by revenue.

*Value of Iranian petroleum exports in 2019. Source: Fortune, Statista, OPEC

China is home to the two largest companies from this list, Sinopec Group and China National Petroleum Corporation (CNPC). Both are involved in upstream and downstream oil operations, where upstream refers to exploration and extraction, and downstream refers to refining and distribution.

Its worth noting that many of these companies are listed on public stock marketsSinopec, for example, trades on exchanges located in Shanghai, Hong Kong, New York, and London. Going public can be an effective strategy for these companies as it allows them to raise capital for new projects, while also ensuring their governments maintain control. In the case of Sinopec, 68% of shares are held by the Chinese government.

Saudi Aramco was the latest national oil company to follow this strategy, putting up 1.5% of its business in a 2019 initial public offering (IPO). At roughly $8.53 per share, Aramcos IPO raised $25.6 billion, making it one of the worlds largest IPOs in history.

Because state-owned oil companies are directly tied to their governments, they can sometimes get caught in the crosshairs of geopolitical conflicts.

The disputed presidency of Nicols Maduro, for example, has resulted in the U.S. imposing sanctions against Venezuelas government, central bank, and national oil company, Petrleos de Venezuela (PDVSA). The pressure of these sanctions is proving to be particularly damaging, with PDVSAs daily production in decline since 2016.

In a country for which oil comprises 95% of exports, Venezuelas economic outlook is becoming increasingly dire. The final straw was drawn in August 2020 when the countrys last remaining oil rig suspended its operations.

Other national oil companies at the receiving end of American sanctions include Russias Rosneft and Irans National Iranian Oil Company (NIOC). Rosneft was sanctioned by the U.S. in 2020 for facilitating Venezuelan oil exports, while NIOC was targeted for providing financial support to Irans Islamic Revolutionary Guard Corps, an entity designated as a foreign terrorist organization.

Like the rest of the fossil fuel industry, state-owned oil companies are highly exposed to the effects of climate change. This suggests that as time passes, many governments will need to find a balance between economic growth and environmental protection.

Brazil has already found itself in this dilemma as the countrys president, Jair Bolsonaro, has drawn criticism for his dismissive stance on climate change. In June 2020, a group of European investment firms representing $2 trillion in assets threatened to divest from Brazil if it did not do more to protect the Amazon rainforest.

These types of ultimatums may be an effective solution for driving climate action forward. In December 2020, Brazils national oil company, Petrobras, pledged a 25% reduction in carbon emissions by 2030. When asked about commitments further into the future, however, the companys CEO appeared to be less enthusiastic.

Thats like a fad, to make promises for 2050. Its like a magical year. On this side of the Atlantic we have a different view of climate change.

Roberto Castello Branco, CEO, Petrobras

With its 2030 pledge, Petrobras joins a growing collection of state-owned oil companies that have made public climate commitments. Another example is Malaysias Petronas, which in November 2020, announced its intention to achieve net-zero carbon emissions by 2050. Petronas is wholly owned by the Malaysian government and is the countrys only entry on the Fortune Global 500.

Between geopolitical conflicts, environmental concerns, and price fluctuations, state-owned oil companies are likely to face a much tougher environment in the decades to come.

For Petronas, achieving its 2050 climate commitments will require significant investment in cleaner forms of energy. The company has been involved in numerous solar energy projects across Asia and has stated its interests in hydrogen fuels.

Elsewhere, Chinas national oil companies are dealing with a more near-term threat. In compliance with an executive order issued by the Trump Administration in November 2020, the New York Stock Exchange (NYSE) announced it would delist three of Chinas state-run telecom companies. Analysts believe oil companies such as Sinopec could be delisted next, due to their ties with the Chinese military.

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Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits Finance Bitcoin News – Bitcoin News

South Koreas crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasnt stopped the countrys middle class to profit from the crypto market, even with very successful stories.

According to a report published by TV network JTBC, employees from major companies such as Shinhan Card, Samsung, and LG Electronics claimed they collected enough profits to quit their jobs.

Testimonies featured in the video report show that the individuals managed to collect millions of dollars worth of cryptos.

One of them, a former Shinhan Card worker, told JTBC that he managed to gain almost 3 billion won ($2.7 million) but clarified that he took a high-risk move by achieving such astonishing profits.

In fact, he invested his life savings and some loans onto crypto trades, and after he earned the millionaire amount in profits, he quit his job role at Shinhan Card last month. Interestingly, he became a full-time Youtuber to feature his success on crypto investments.

But his story is far to be the most successful one featured in the report.

Another of the former workers interviewed by JTBC, who was part of the staff at Samsung, claimed to have earned around 40 billion won ($36 million) in profits after investing just 50 million won ($44,670) worth in cryptocurrencies.

As a note, none of the above interviewees disclosed which cryptos they invested their money in.

However, a worker from the financial district of Yeoido who didnt disclose the name of the company hesitated from investing in bitcoin (BTC) as she told JTBC that many people were investing in crypto. She claimed to have felt anxious about such kind of investment.

Bitcoin.com News recently reported that South Koreas crypto market keeps booming across the board, as a study unveiled that domestic crypto investors transacted around $7 billion per day in the period ranging from January 1 to February 25, 2021.

What do you think about this report on the South Korean middle class making astonishing profits from cryptos? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Bare Metal Cloud Market worth $16.4 billion by 2026 – Exclusive Report by MarketsandMarkets – PRNewswire

CHICAGO, April 21, 2021 /PRNewswire/ -- According to a new market research report "Bare Metal Cloud Market by Service Type (Compute, Networking, Database, Security, Storage, Professional, and Managed), Organization Size, Vertical (BFSI, Manufacturing, Healthcare and Life Sciences, and Government), and Region - Global Forecast to 2026", published by MarketsandMarkets, the Bare Metal Cloud Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 24.1% during the forecast period, to reach USD 16.4 billion by 2026 from USD 4.5 billion in 2020.

Bare metal cloud servers are non-virtualized cloud alternatives, primarily implemented to enhance storage capacity and data-intensive computing operations and deliver high-performance workloads across heterogeneous platforms. These servers combine the elasticity and utility of public clouds with accuracy in operations, enabling stringent control and security and predictability of the on-premises infrastructure. These servers are instrumental in delivering high performance, high availability, and cost-effective infrastructure services, along with operations of a high degree of Platform as a Service (PaaS) and Software as a Service (SaaS) applications. Some of the bare metal cloud services include compute, networking, database, security, storage, professional, and managed services.

Browse in-depth TOC on"Bare Metal Cloud Market"

175 Tables45 Figures191 Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=153940759

The market is expected to be driven by the growing need for reliable load balancing of data-intensive and latency-sensitive operations

Load balancing improves the distribution of additional workloads across the bare metal cloud servers to enable smoother functioning and allocation of resources to multiple processes. Load balancing solutions enable ease in configurability and flexibility to manage traffic and resource usage across server nodes in the real-time end-user environment. Hence, it becomes critical to deploy reliable load balancing operations over the cloud. The bare metal infrastructure vendors primarily focus on offering a single-tenant architecture wherein multiple resources are clubbed together for dedicated instances of data-intensive operations resulting in delivering higher performance. Hypervisors in a virtualized environment consume higher server-side processing power causing a tradeoff for enterprises to adjust between latency hit operations and low-cost cloud compute infrastructure. The custom-based lightweight hypervisors have been offered as an alternative to bare metal offerings since public cloud owners have been creating dedicated instances offering a greater share of resources to clients whose data migration costs from the public cloud are significant.

Increased necessity of non-locking compute and storage resources

One of the core issues that remains with public cloud workloads is sharing of resources with multiple processes making the throughput of the process relatively less. Data-intensive operations and high-performance workloads require dedicated storage and compute resources in a highly secured environment to enable them to achieve desired results. Additionally, bare metal cloud services offer a flexible pay-per-use option for the efficient utilization of compute and storage services, and ease in termination of SLA without incurring significant infrastructural costs make it a viable option for enterprises to deploy. Sharing of compute resources and the occurrence of a deadlock situation among certain processes are also a few of the critical issues faced by organizations in their daily operations. Bare metal cloud servers address these issues through offering non-locking of compute and storage resources to deliver performance-intensive workloads in definitive complexity with higher throughput yield.

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North America to dominate the global cloud system management market in 2020

North America is the dominant market for Bare Metal Cloud Market due to the presence of a large number of end users who are technology aware and early adopters of servers that are enriched with new capabilities. Countries evaluated in North America are the US and Canada. The region holds a market share of 55.1% in 2020 for the Bare Metal Cloud Market, and the demand for bare metal servers is expected to be high in the near future. The primary factors for large-scale adoption are the inclination of organizations toward SaaS-based offerings and adoption of digital business strategies. The presence of well-established bare metal cloud vendors such as IBM, Oracle, Lumen, and Internap, which have a strong set of product portfolios and robust partner ecosystems, is another reason for the high adoption of bare metal cloud in the region.

The Bare Metal Cloud Market includes major vendors, such as IBM (US), Oracle (US), Lumen (US), Internap (US), Rackspace (US), AWS (US), Dell (US), Equinix (US), Google (US), Microsoft (US), Alibaba Cloud (China), Scaleway (France), Joyent (US), HPE (US), OVHcloud (France), Limestone Networks (US), Media Temple (US), Bigstep (UK), Zenlayer (US), and phoenixNAP (US). The major players have implemented various growth strategies to expand their global presence and increase their market shares. Key players such as IBM, Oracle, Lumen, Internap and Rackspace have majorly adopted many growth strategies, such as new product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the Bare Metal Cloud Market.

Browse Adjacent Markets: Cloud Computing Market ResearchReports & Consulting

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish MehraMarketsandMarkets INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [emailprotected] Research Insight:https://www.marketsandmarkets.com/ResearchInsight/bare-metal-cloud-market.aspVisit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/bare-metal-cloud.asp

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What is cloud migration? – Creative Bloq

Cloud migration involves moving ones files and digital assets from traditional, physical storage (e.g., a hard drive or USB flash drive) to the cloud. The cloud simply refers to file storage services provided over the internet. Individuals and businesses can store files on a cloud providers servers for retrieval at a later time.

The advantages to migrating are manifold. Cloud storage enables content creators to access their work from anywhere, while many of the best cloud storage platforms also include useful features for organising, editing, sharing, and collaborating.

Once a tedious task, prone to error, cloud migration is now relatively simple. This is thanks in large part to the convenient and comprehensive migration tools provided by many cloud storage providers. In this article, well take a look at the principles of cloud migration, how cloud storage can improve your workflow, and the simplest way to go about it.

Migrating to the cloud means moving your digital assets (like image files, videos, text documents and sound files) from traditional physical storage to the cloud. The cloud, in turn, offers a virtually unlimited space for creatives to store their files and enables them to share and collaborate with ease.

Physical storage refers to internal storage devices, like those found in your computer or tablet, as well as mobile storage solutions, like a USB flash drive. Cloud storage, on the other hand, involves storing your files on secure servers maintained by a cloud provider like iDrive or pCloud. You can access your files over the Internet at any time and, conveniently, from any device. This makes it easy to view and share creative files, even when on the go.

Cloud migration can also mean moving your workflow to the cloud. One way to do this is to use native applications that leverage cloud storage, like Adobe Photoshop and the Creative Cloud. A more complete variation is to use a web-only application such as Canva or Figma. This is particularly useful for businesses and agencies that depend on rich collaborative features.

So, why are more and more content creators opting for cloud services over traditional on-premises solutions?

The answer is simple, but it has profound implications. It has to do with the fact that cloud providers are specialists in file storage: they have the resources, technology and knowledge to offer better, faster, more secure storage than, say, your external harddrive.

Take, for example, file redundancy. Redundancy refers to the storage of multiple copies of the same file, sometimes on different media or in different locations. It ensures that even if a file or entire harddrive becomes corrupt, another version exists elsewhere and so your data is safe. This isnt something you can easily do on your own, but its built into almost all cloud storage services.

Add to this robust security, rapid file transfers, automatic file organization driven by machine learning and artificial intelligence, enhanced search features, and seamless synchronization with your computer or tablet, and its easy to see why creators are flocking to the cloud in droves.

Cloud storage also makes it easier to share your work with the world and, importantly, prospective clients. Securely sharing files or a portfolio with a simple URL, rather than having to send them by email (watch out for that file size limit!), is easier for both you and your client. Advanced cloud storage providers, especially those built for creatives (like Adobe Creative Cloud) even allow for comments and annotations.

Collaboration is also much easier when files and assets can be easily and quickly shared between coworkers. Rather than sending files back and forth, co-creators can access the same file from a cloud drive. Some allow for duplicate versions, to avoid overwriting anothers progress, while some cloud applications, like Figma and Gravit, even allow for real-time, synchronous collaboration.

This begs the obvious question of how one goes about successful cloud migration.

If youre specifically looking for cloud storage, start by choosing a cloud storage provider that meets your needs. If youre looking for something thats fast, simple to set up, and easy to use, check out iDrive. Alternatively, if youre not a fan of subscription services, try pCloud. Youre spoilt for choice, so scope out the competition and take your pick.

Cloud storage providers like these are a great choice for individuals looking to leverage all the benefits of cloud migration without totally overhauling their workflow. You work as you normally would, and files are synced automatically between your hard drive and the cloud. Of course, many creative suites, like Adobe Creative Cloud and Autodesk Cloud, incorporate cloud storage directly into the software.

Small- and medium-sized businesses can also reap the rewards of cloud migration, on scales ranging from simple cloud storage to full-blown cloud computing.

Cloud migration does, however, require greater planning and forethought. Youll want to go through each of your processes and workflows, highlighting opportunities for improvement with cloud storage and other forms of cloud computing, but also any potential stumbling blocks.

For most individuals, though, cloud migration will be simple and straightforward. Select a provider, determine how much cloud storage youll need, set up synchronisation, and enjoy the flexibility, security, and peace of mind that comes with it.

The best cloud storage providers today make cloud migration easy. The process involves moving or copying your files to a providers secure servers over the internet, a procedure thats been greatly refined and simplified over the years. In most cases today, its as simple as clicking and dragging.

The benefits of cloud migration are manifold and significant, including file redundancy and high-end security, plus easier file sharing with colleagues and clients. Creatives can get started by comparing cloud providers, selecting one that fits their needs, and manually copying their files or setting up automatic synchronisation as desired.

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Constant, the Creator of Vultr, Announces $150 Million Credit Facility to Expand Its Cloud Computing and Bare Metal Platform – PRNewswire

WEST PALM BEACH, Fla., April 22, 2021 /PRNewswire/ -- Constant, the creator of the Vultr cloud computing and bare metal platform, today announced the closing of a$150 million credit facility from J.P. Morgan and Bank of America, including a $25 million uncommitted expansion option to accommodate future growth. Constant will use the additional capital to expand its global footprint of automated cloud infrastructure to serve its rapidly-growing customer base, further solidifying its leadership position in the independent cloud provider market.

"We are excited to be part of Constant's growth and to support the company with this new credit facility," said Melissa Smith, Head of Specialized Industries, Middle Marketing Banking at J.P. Morgan. "The independent cloud provider market is growing rapidly as developers around the world seek cost-effective alternatives to the large hyperscalers, representing a tremendous growth opportunity for Constant."

A completely bootstrapped company, Constant has become one of the largest cloud computing platforms in the world, without ever raising equity financing. The business was founded by David Aninowsky, who now serves as Executive Chairman, and the Vultr platform was launched in 2014. Built by developers, for developers, Vultr addresses a fundamental need for easy-to-deploy, flexible, scalable cloud computing and bare metal worldwide.

451 Research, an S&P Global advisory firm specializing in high-growth emerging technologies, defines the alternative or independent cloud provider market as delivering the core value proposition of cloud, but in a simpler, easier-to-use, and lower-cost way than the large hyperscalers. This makes the offerings of independent cloud providers highly appealing to tens of millions of developers, SMBs, and enterprises around the world.

"The cloud infrastructure market is inherently capital intensive, and reaching Constant's size and growth rate without ever raising equity capital is unprecedented in this market this highlights the strength of our technology platform and team," said Constant's CEO, J.J. Kardwell. "As a company, we operate independently, like our customers do. We put the needs of our developer customers first, and we have grown to be a leader in the market by delivering enterprise-grade cloud computing at a price and ease of use that is accessible for developers and businesses of all sizes around the world."

More than 40 million cloud servers have been launched on the Vultr platform, across nearly every country in the world. This new credit facility will enable Constant to further expand Vultr globally to help more developers, small businesses, and large enterprises succeed with high-performance cloud compute, cloud storage, and bare metal.

About ConstantConstant is on a developer-first mission to automate cloud infrastructure. Constant's flagship product, Vultr, is a leading independent cloud computing platform. A favorite with developers, Vultr serves over 1.3 million customers across 185 countries with flexible, scalable, global cloud computing and bare metal solutions. Learn more at http://www.constant.comand http://www.vultr.com.

Contact: Bri Helm [emailprotected]

SOURCE Constant

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Server Market Size Worth $145.31 Billion By 2028 | CAGR: 7.8%: Grand View Research, Inc. – PRNewswire

SAN FRANCISCO, April 20, 2021 /PRNewswire/ -- The global server marketsize is expected to reach USD 145.31 billion by2028, according to a study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 7.8% from 2021 to2028.The demand for servers is anticipated to grow considerably over the forecast period owing to the growing focus on the timely update of IT infrastructure worldwide. The rising adoption of data analytics among enterprises to understand consumer trends has resulted in the growing adoption of IT networking equipment. Furthermore, the rollout of 5G networks and technologies such as the Internet of Things (IoT), cloud computing, and virtualization is expected to fuel the demand for high-performance computing servers.

Key suggestions from the report:

Read 110 page research report with ToC on "Server Market Size, Share & Trends Analysis Report By Product (Rack, Open Compute Project), By Enterprise Size (Large, Medium), By Channel (Reseller, Direct), By Vertical, By Region, And Segment Forecasts, 2021 - 2028" at: https://www.grandviewresearch.com/industry-analysis/server-market

The rising preference for contactless payments and remote working amid the COVID-19 pandemic is expected to drive the need for high-speed data processing and storage capacity across various industry verticals. Advanced technologies have paved the way for connected appliances and autonomous vehicles, which has prompted IT infrastructure companies to opt for the latest, advanced storage solutions, including flash memory and solid-state drives (SSD), for storing crucial business data. Meanwhile, the demanding and changing configurations required by cloud service providers are driving the demand for servers. For instance, in May 2020, Facebook released its third generation Yosemite scalable server, which is equipped with Cooper Lake CPU and six memory modules. Such developments are expected to cause an increase in the average selling prices of servers, which is expected to subsequently benefit the market growth.

Several enterprises are shifting to managed data center services from colocation data centers owing to the cost advantages offered by managed data center services. Managed data centers allow enterprises to adopt virtual servers by renting the networking equipment, connecting devices and peripherals, and cloud space. The cloud server space can be private or shared, which again allows the enterprises to reduce the total cost of ownership.

The market is witnessing increasing competition between OEMs and Original Design manufacturers (ODMs). OEMs are the companies that manufacture servers as well as sell them through resellers and distributors, while ODMs design and manufacture similar servers and directly sell them to the customer. Besides, ODMs cater to the demand for servers customized according to the user configuration. The increasing demand for customized requirements is expected to drive server sales through ODMs.

The market is characterized by intense competition among established market players. Key market players are focused on product innovation and the introduction of new technologies to their server portfolios. For instance, in September 2019, Dell EMC introduced new products in its PowerEdge server portfolio. These new servers are equipped with 2nd Gen AMD EPYC processors, which help to easily manage the platform and offer superior performance to the user. The new servers are built specifically for modern data centers for multi-cloud approaches.

Grand View Research has segmented the global server market on the basis of product, enterprise size, channel, vertical, and region:

List of Key Players of Server Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Server Market Size Worth $145.31 Billion By 2028 | CAGR: 7.8%: Grand View Research, Inc. - PRNewswire

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Microsoft is sharing previously secret information to help cloud customers save energy – CNBC

Scott Guthrie, executive vice president of cloud and enterprise at Microsoft Corp., speaks during the Microsoft Developers Build Conference in Seattle, Washington, U.S., on Monday, May 7, 2018.

Grant Hindsley | Bloomberg | Getty Images

Microsoft plans to tell its customers more about the energy use of the data centers it uses to host Azure public cloud services. With that information, customers can figure out where to deploy their applications in the most efficient possible way.

The practice dovetails with the plan Microsoft unveiled last year to remove more carbon than it emits by 2030. It could also help the company stand out to prospective customers in its bid to become larger in the growing cloud-computing market, where Amazon leads.

Generally, companies that operate these large-scale computing facilities have been secretive about efficiency. Large technology companies spend billions building them each year, and efficiency when running them can be a competitive advantage.

But this year, Microsoft began sharing info about power usage effectiveness for Azure data center "regions" -- groups of data centers located near each other -- to some customers under nondisclosure agreements, said Noelle Walsh, corporate vice president for the company's Cloud Operations and Innovation group.

"We will be increasingly transparent with some of those numbers," Walsh said. Itemizing data center by data center might be too granular, but working by region is fine, Walsh said.

Walsh said the company won't share the information too openly, for fear that it might backfire.

"If everybody was to pick and choose, the overall optimum might not be the most green solution," Walsh said.

In some parts of the world, such as Dublin and Seattle, it's possible to air cool data centers, while in warmer locations, keeping the computing infrastructure cool might require the use of chillers or other equipment, Walsh said.

"Our European customers are asking for a lot more insights into the details as to how we run our data centers," she said.

She said hyperscale data centers are 98% more efficient than on-premises data centers that companies, governments and schools operate for themselves. Last year Microsoft introduced a Sustainability Calculator that customers can use to track the greenhouse gas emissions arising from their use of Azure.

There are ways to lower emissions at existing data centers through technology. Microsoft has tested liquid cooling for servers, and the company plans to try using batteries as an alternative to diesel generators -- one source of emissions -- to deliver backup energy, Walsh said.

The idea of learning more about efficiency across data regions is appealing to Francesco Tinto, chief information officer of Walgreens Boots Alliance, which uses Azure.

"Even in our network, we are making other partnerships with other vendors in a way that we can decrease our carbon footprint, usage and so on. So absolutely, it's top of mind for us," he said.

WATCH: Microsoft, Nuance CEOs on $16B deal, cloud strategy, health-care AI solutions and more

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Hey MSPs! join Zadara’s Federated Edge to fight cloud giants Blocks and Files – Blocks and Files

Zadara has launched a global Federated Edge offering for managed service providers (MSPs), who will sell private cloud services to their customers using Zadaras global infrastructure and so fend off the public cloud giants.

The firm supplies zStorage on-premises or co-lo storage arrays as a service zNetwork and zCompute on-premises servers with VM images based on its recent acquisition of NeoKarm. The storage, network and compute resources are used on a pay-as-you-go basis.

The idea is that MSPs dont have to make capital expenditures to set up points-of-presence near their customers. Instead they can use Zadaras Federated Edge program to provision IT as-a-service private cloud offers as close as necessary to those customers workloads. Zadara provides all of the hardware and software on a shared revenue basis.

Nelson Nahum, Zadaras CEO, said in a statement: We strive to be a true partner to MSPs, not just a technology provider. We understand their unique challenges and have designed the Federated Edge Program with their specific needs in mind[It] harnesses the collective power of MSPs, where the whole is greater than the sum of its parts.

All the infrastructure servers, network and storage is provided and available on-demand via the Zadaras Federated Edge network. Operators pay only for usage. Zadara says Federated Edge Zones, or points of presence, available in cities across the world ease concerns around data sovereignty and compliance issues. ;

Dave McCarthy, research manager, edge strategies, for IDC, supplied a supporting statement: With their Federated Edge, Zadara is providing a lifeline for MSPs looking to boost their points of presence and deploy anywhere in the world the same way that they deploy in their own data centres.

Latency requirements, cost considerations, operational resiliency, and security/compliance factors all contribute to the need to deploy infrastructures closer to where data is generated and consumed at the far edge of a networks reach, away from the centralised cloud.

Dell is developing a managed storage service with Project APEX. Its not much of a stretch to see APEX including PowerEdge servers as a service too. Pure Storage has a similar deal through Equinix.

Public cloud suppliers have started supplying on-premises kit. For example, Amazon with Outposts, and Azure with its Azure Stack which is supported by Dell EMC and Pure Storage.

Zadara is responding to this increased competition by recruiting MSPs to act as service channel partners and suggesting they can get closer to customers and offer more tailored services than the cloud titans.

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Global Cloud Managed Service Market Analysis and Forecast (2018-2024) The Courier – The Courier

During the forecast period, the global cloud-managed service market would expandrapidly. Cloud-managed services can minimize operating costs, optimize recurrentexpenses, and automate business efficiency as the primary drivers for the growth ofthe global cloud-managed services market.Cloud-managed services provide service providers with tools to develop theirinternal functions. These services are widely used for the management of ITinfrastructure which, using cloud computing technology, formats an alliance with athird-party service supplier. In addition, these services assist the providers in settingup security activities, IT cycle and network management.Deployment is an important part of this market, which has been split into the publicand private cloud in 2018. Public cloud decreases business organizations investmentrequirements by developing their independent IT infrastructure. This also helpscompanies to meet their customers needs and requirements and improve theirbusiness activities scalability further.The global cloud-based service sector is divided between large companies and smalland medium-sized businesses based on organizational size. The small and medium-sizedcompanies segment is projected to expand more rapidly during the forecastperiod between these two categories. Businesses may minimize their expense byintroducing cloud-managed services, forecast the monthly bill according to theircapacity and assist service providers with the management of all servers andapplications at a central stage.The end-user sector is divided into government, retail & consumer,telecommunication & ITES, education, manufacturing & automotive, healthcare, andother industries. Overall, cloud-managed services are expected to be the mostrapidly growing market in the retail & consumer sector over the projectedtimeframe. Cloud-managed services enable retailers to have a broad view of theirsupply chain and provide their customers with a personalized experience.A few key factors contributed to the global cloud-managed services sector, primarilygrowing internet access and the increasing adoption of cloud services by variousSMEs in both developed and developing economies. The cloud management systemsinclude security management services, optimization of recurrent costs, networkoperations, and the ability to provide business operations with cost efficiencies.The increased acceptability of IoT devices has also contributed to the use of cloudmanagement services for business operations. In addition, the growth of the marketis highly affected by these factors.North America has accounted for the largest share in the global cloud-managedservices market and is projected to rise dramatically over the forecast period.The growing use of data centers and the higher adoption rate for cloud technology inthis area are due to this markets growth. Furthermore, the emergence in the regionof the IT sector led to the early adoption, acceptance, and promotion of cloudservices in this region. In addition, several vendors of the cloud management systemhave achieved maturity in the cloud management services sector in this area.The cloud-managed service market in Asia-Pacific is expected to expand rapidlyduring the predictions because of growing progress in the IT sector and governmentinitiatives to enhance cloud technology. The rising use of data centers in the regionbecause of the growing momentum of cloud-managed services in the region isfurther enforcing growth. In addition, countries like China and India are the mainmanufacturers that provide their customers with enhanced cloud-managed services.Key players in the cloud-driven service industry are introducing new products andentering into fusions and procurement agreements to broaden and improve theirproduct portfolio.Accenture, Vodafone, Huawei, Alcatel-Lucent S.A., Fujitsu Ltd., Ericsson, IBMCorporation, Cisco Systems, Inc., and NEC Corporation are some of the majorplayers on the global cloud-managed service market.Latest News UpdateCovid-19 triggered a global employee lockout to lead to a digital experiment no onehad planned. This experiment showed business owners and managers the capacitiesof the Cloud. Cloud companies such as Microsoft, Amazon Web Services (AWS),Alicloud and Google Cloud have raised their sales between 25% and 100%. Thisgrowth has proved transformational, with efficiencies and developments that drivesustained improvements in business at scale and pace.Accenture invests in this transition. Over the next three years, Accenture Cloud First,which puts together the experience of 70,000 cloud professionals and the strengthof the industry and technical capabilities of Accenture, ecosystem alliances and acommitment to responsible enterprise will invest EUR 3 billion.

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