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Microelectronics Market – Global Industry Analysis and Forecasts to 2026: Innovations Such as Hybrid Cloud Storage, Next-Generation Displays, Wireless…

The "Microelectronics Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026" report has been added to ResearchAndMarkets.com's offering.

The report on the global microelectronics market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global microelectronics market to grow with a CAGR of 12.0% over the forecast period from 2020-2026. The study on microelectronics market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on microelectronics market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global microelectronics market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global microelectronics market over the period of 2018 to 2026. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

What does this Report Deliver?

Comprehensive analysis of the global as well as regional markets of the microelectronics market.

Complete coverage of all the segments in the microelectronics market to analyze the trends, developments in the global market and forecast of market size up to 2026.

Comprehensive analysis of the companies operating in the global microelectronics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Report Findings

Story continues

1) Drivers

Low cost and lightweight associated with the microelectronics components

Growing applications in construction, automotive and electronic industries

2) Restraints

3) Opportunities

Innovations such as hybrid cloud storage, next-generation displays, wireless charging, and flexible electronics

Key Topics Covered:

1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

2. Executive Summary

2.1. Microelectronics Market Highlights

2.2. Microelectronics Market Projection

2.3. Microelectronics Market Regional Highlights

3. Global Microelectronics Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Microelectronics Market

3.4. Porter's Five Forces Analysis

3.5. Growth Matrix Analysis

3.5.1. Growth Matrix Analysis by Software & Algorithm

3.5.2. Growth Matrix Analysis by Product

3.5.3. Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Microelectronics Market

4. Microelectronics Market Macro Indicator Analysis

5. Global Microelectronics Market by Software & Algorithm

5.1. Behavioral

5.2. Proactive

6. Global Microelectronics Market by Product

6.1. Lighting Control

6.2. Security & Access Control

6.3. HVAC Control

6.4. Entertainment Control & Others

6.5. Other Control

7. Global Microelectronics Market by Region 2020-2026

7.1. North America

7.1.1. North America Microelectronics Market by Software & Algorithm

7.1.2. North America Microelectronics Market by Product

7.1.3. North America Microelectronics Market by Country

7.2. Europe

7.2.1. Europe Microelectronics Market by Software & Algorithm

7.2.2. Europe Microelectronics Market by Product

7.2.3. Europe Microelectronics Market by Country

7.3. Asia-Pacific

7.3.1. Asia-Pacific Microelectronics Market by Software & Algorithm

7.3.2. Asia-Pacific Microelectronics Market by Product

7.3.3. Asia-Pacific Microelectronics Market by Country

7.4. RoW

7.4.1. RoW Microelectronics Market by Software & Algorithm

7.4.2. RoW Microelectronics Market by Product

7.4.3. RoW Microelectronics Market by Sub-region

8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Microelectronics Market

8.2. Companies Profiled

8.2.1. Acuity Brands, Inc.

8.2.2. ADT Corporation

8.2.3. Control4 Corporation

8.2.4. Crestron Electronics, Inc.

8.2.5. Cisco Systems, Inc.

8.2.6. Honeywell International Inc.

8.2.7. United Technologies Corporation

8.2.8. Johnson Controls Inc.

8.2.9. Ingersoll-Rand PLC

8.2.10. Schneider Electric SE

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20210128005434/en/

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Premium Insights on Cloud Storage Market 2020-2026 by Zoolz, OpenDrive, JustCloud, MozyPro, CrashPlan, Dropbox, and more | Affluence Murphy’s Hockey…

Cloud Storage Market research report focuses on top competitors like Zoolz, OpenDrive, JustCloud, MozyPro, CrashPlan, Dropbox, etc. with strategic analysis, micro and macro market trend and scenarios, investment landscape, and a holistic overview of the market situations in the forecast period 2016-2026. It is a professional and detailed report focusing on primary and secondary growth drivers, market share, leading segments, and regional analysis. Further, key players, major collaborations, mergers & acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary, and advanced information pertaining to the Cloud Storage global status and trend, market size, share, growth, trends analysis, segment, and forecasts from 2021-2026.

What key bits of knowledge does the Cloud Storage statistical surveying give?

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Key Players:

The global Cloud Storage market has been comprehensively analyzed and the different companies that occupy a large percentage of the market share in the regions mentioned have been listed out in the report. Industry trends that are popular and are causing a resurgence in the market growth are identified. A strategic profile of the companies is also carried out to identify the various subsidiaries that they own in the different regions and who are responsible for daily operations in these regions.

The Key Players Covered in Cloud Storage Market Study are:

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Cloud Storage Market Segmentation

Cloud Storage market is split by Type and by Application. For the period 2018-2026, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market Segmentation by Type:

Market Segmentation by Applications:

Impact of COVID-19 on Cloud Storage Market

The report also contains the effect of the ongoing worldwide pandemic, i.e., COVID-19, on the Cloud Storage Market and what the future holds for it. It offers an analysis of the impacts of the epidemic on the international market. The epidemic has immediately interrupted the requirement and supply series. The Cloud Storage Market report also assesses the economic effect on firms and monetary markets. Futuristic Reports has accumulated advice from several delegates of this business and has engaged from the secondary and primary research to extend the customers with strategies and data to combat industry struggles throughout and after the COVID-19 pandemic.

For More Details on Impact of COVID-19 on Cloud Storage Market: https://www.affluencemarketreports.com/industry-analysis/covid19-request/1048232/

Regional Analysis Covered in this Report are:

Frequently Asked Questions

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Data Movers Podcast with Chin Fang of Zettar Inc: Stories from Stanford, Cloud Storage and the Future of Moving Data at Scale & Speed – JSA

In the latest episode of JSAs Data Movers podcast, we meet Chin Fang, the CEO and Founder of Zettar Inc, and get his insight on the toptrends in cloud storage and the future of moving data. Chin also shares how his career evolved to where he is today: from his studies at Stanford to founding tech startups and what drove him to launch Zettar Inc.

So, why Zettar? Chin explains the name is a combination of two words that come together to mean a very large amount of data; an appropriate name for a company dedicated to optimizing the transfer of mass amounts of data through the cloud. Founded in 2008, Chin began the company with an IT focus. But around that time, AWS was newly unveiled and he knew that it would not be a standalone innovation. Recognizing a development such as AWS would proliferate, he knew he had to pivot, which he did first to cloud and later to cloud storage and moving data within the cloud more specifically. The cloud stores mass amounts of data these days, and when it needs to move it can be next to impossible. That is where Zettar comes in, optimizing these moves and attempting to simplify the multicloud (which is easier said than done!)

Chin explains he found his career path by pure coincidence. While he was pursuing a doctorate at Stanford, Chin happened to be paired up with an advisor that was the Chairman of the Stanford Aerospace Department. He gave Chin a dissertation topic that required him to tackle one of the hardest mathematical problems you can encounter: a discrete optimization. Pursuing this dissertation eventually led Chin to working long hours with a donated IBM RS 6000, and because his dissertation was so computationally intensive, Chin quickly developed his IT skills and as he says, the rest is history!

To learn more about Zettar, Chin Fang and his thoughts on some of the top up-and-coming IT trends, listen or watch the latest episode of JSAs Data Movers podcast.

Click here to listen now on your favorite podcast platform.

Click here to watch the video version.

See the article here:
Data Movers Podcast with Chin Fang of Zettar Inc: Stories from Stanford, Cloud Storage and the Future of Moving Data at Scale & Speed - JSA

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Is Telegram secure? Here’s what you need to know – Business Insider – Business Insider

Privacy concerns related to sharing data with Facebook drove a sea of users away from WhatsApp and toward other chat platforms, including Telegram, which hit 500 million active new users this month.

However, that begs the question: Is Telegram secure?

Thankfully, from features like encrypted cloud storage to self-destructing messages that sound like something out of a spy movie, the answer is mostly yes.

Here's some more information about what those measures mean, how they make Telegram secure, and where it falls short compared to a few of its most prominent competitors.

Unlike its competitor Signal, Telegram doesn't by default apply end-to-end encryption to messages, which prevents any message intercepted by a third party from being interpretable.

However, you can opt to have end-to-end encryption by using Telegram's "secret chat" option.

Despite the fact that end-to-end encryption isn't standard, Telegram says its two-chat system is the most secure solution for their widely-used app. It toggles between Cloud and Secret chats to protect all kinds of users, relying on a standard encrypted cloud storage system based on server-client encryption called MTProto encryption.

The cloud storage system does have its setbacks. All of your content on the app is stored in the cloud, making it accessible across devices, but also lessening your control over the information being shared. This potentially poses a security risk.

The official Telegram Messenger app as displayed in Apple's App Store. Alexander Nemenov/AFP/Getty Images

In addition to the end-to-end encryption, secret chats also leave no trace on Telegram servers, don't allow forwarding, and can be sent as self-destructing messages.

Secret chats are also separate from the Telegram cloud, and instead can only be accessed via the device of origin. They are encrypted by another layer of security, found in client-client encryption.

Although end-to-end encryption is an option, it's been a criticism of Telegram that that type of encryption isn't the default setting as it is for Signal, for instance.

Telegram's secret chat option can also only be held between two people, meaning there's a lack of end-to-end encryption for group chats.

And unlike Signal, Telegram doesn't comprehensively encrypt metadata. Telegram collects your IP address, which Signal does not, and can link your phone number, contact list, and user ID back to you.

This backfired in 2016 when the user information of 15 million Iranians was exposed by an Iranian group of hackers called Rocket Kitten. It was not confirmed whether the security breach was the work of Iranian government officials, but many of the targets were identified as political activists.

Additionally, a deepfake bot scandal took place on Telegram in 2020, where users on Telegram channels exchanged nudes powered by the DeepNude software meaning fake nudes of women were computer generated from images taken off social media and were used for trading purposes.

Sensity, a security company that uses AI software to detect deepfakes, uncovered more than 100,000 images on the app and found that around 70% of users were located in or around Russia.

Similar to WhatsApp and Signal, it is suggested that you turn on two-step verification for the app to prevent account hijacks, which are made possible by hackers gaining access to your SMS code.

You can also change your privacy settings in the app so that only your contacts have access to your phone number and profile information, instead of the "everybody" setting.

One thing security advocates applaud about Telegram is that anyone with enough expertise can look under the hood at Telegram's source code, protocol, and API although the complete picture is proprietary and not fully open source.

Telegram also supports verifiable builds, meaning experts can check for themselves that the Telegram code published on GitHub is identical to the code powering the apps you download from the Apple App Store or Google Play Store.

Telegram has said that anyone with a verifiable claim that they can decipher Telegram messages can win $300,000 in its Cracking Contest.

Smaller bounties are offered as well if a tip results in a change in code or configuration.

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Is Telegram secure? Here's what you need to know - Business Insider - Business Insider

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iPhone 13 might have even more internal storage than an iPad – TechRadar

If you use your iPhone in a professional capacity, or just have loads of apps, you'll want lots of storage - while the iPhone 12 models cap out at 512GB, some iPhone 13s could double that to a huge 1TB.

This rumor comes from YouTube channel FrontPageTech, which states in a video that the iPhone 13 Pro (and presumably also Pro Max) is being tested in 1TB configurations. The channel says these are just prototypes for now, so it's something Apple is testing, but it's not confirmed for the phones by any means.

It's worth pointing out that Jon Prosser, the leaker for the YouTube channel, has a very mixed track record, so take the information with a fistful of salt.

If the iPhone 13 Pro phones had 1TB of storage, they'd be even more useful for professionals who use their phones for their lines of work.

For example photographers or videographers who use iPhones - such as for mobile journalism, adventure photography or other things - will be able to store twice as much footage or photos on their phone.

Well, these users can currently use cloud storage or external storage drives to expand the memory, but some people might prefer an on-device solution.

In fact, most iPads don't even reach 1TB, with the sole exception being the iPad Pro range, so it's curious that Apple is bringing this high storage to its smartphones instead of its mid-tier tablets. Presumably the company saw more demand for high storage on phones, than iPads.

We're expecting the iPhone 13 series to launch in late 2021 and we'll have to wait until then to see if this 1TB storage rumor is correct - before then, though, we're hearing loads of leaks and rumors, so stay tuned for more.

Via Pocketnow

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The role of tape storage in 2021 and beyond – Continuity Central

DetailsPublished: Friday, 29 January 2021 08:36

Tape is far from being yesterdays storage technology says Rich Gadomski. As well as a continued role in IT resiliency and business continuity it has an emerging role in protection against ransomware and in managing the needs of the digital enterprise.

The year 2020 will certainly be remembered for the COVID-19 pandemic, the defining global health crisis of our time. The economic uncertainty caused by the pandemic has touched everyone and the long-term impact remains unclear. What is clear as we move towards the post COVID-19 digital economy will be the need for cost containment under increasing IT infrastructure and storage budget constraints. There will be a renewed focus on cost-effectively managing pre-COVID exponential data growth plus the influx of new data demand as organizations have shifted to all digital, remote and virtual work environments including government, education, entertainment, health care and nearly everything else. Cybercrime and ransomware attacks will continue to threaten the economic viability of organizations as well as individuals. The continued increasing demand for IT services will result in an explosion in energy use and carbon emissions raising concerns about how to keep the industrys environmental impact and its impact on climate change in check.

Security and cybercrime protection have gained serious attention in recent months. Ransomware attacks are on the rise and attacks become more targeted and damaging, your organization faces increased risk that can have your networks down for days or even weeks.

The tape air gap, inherent with tape technology, has ignited and renewed interest in cybercrime prevention. The tape air gap means that there is no electronic connection to the data stored on the removable tape cartridge therefore preventing a malware attack on stored data. HDD and SDD systems remaining online 7x24x365 are always vulnerable to a cybercrime attack. Cybercrime is expected to cost the world $6 trillion in 2021 with ransomware attacks occurring every 11 seconds. Air gapping should be an integral part of any archive, backup, recovery, and security plan. In addition to cybercrime protection, tape provides a secure offline solution for backups. The best practice data protection scheme is often described as the 3-2-1 rule: at least 3 copies of the data, on at least 2 different media technologies (i.e.: one on HDD, one on tape), and at least 1 copy that is offline and offsite.

The continuing growth of digital data and the need to preserve more diverse data types are also changing the storage landscape. Data is now being generated faster than it can be analyzed, significantly extending data retention timeframes. The archival usage model of storing and protecting vast amounts of data for indefinite periods of time is quickly evolving. Fortunately, modern data tape continues to be fueled by significant technological and architectural developments and this trend shows no signs of letting up. Steady advances reinforce tapes ability to continue to deliver the lowest cost, highest capacity, fastest data transfer rates, and most reliable digital storage medium available. With reliability levels three orders of magnitude better than the best HDDs, tape is the most cost-effective, most energy efficient long-term storage solution available.

Tapes cost per terabyte and TCO advantage compared with other storage mediums makes it the most cost-effective technology for data protection and long-term data retention. Easy to use and publicly available TCO calculators are available from Fujifilm and the LTO consortium. These tools allow users to define input assumptions to help assess the TCO of automated tape systems compared to HDDs and cloud storage.

Data centers / centres and information technology contribute nearly 2 percent to global carbon emissions and currently consumes over 2 percent of the worlds electricity and is expected to soar up to 8 percent by 2030 as concerns about the availability of sufficient power supplies grow. Hyperscale data centers are directly confronting this challenge as the insatiable growth of servers and disk farms are devouring budgets, overcrowding data centers, and creating enormous energy and carbon footprint problems. Shifting less active and archival data from disk to tape and virtualizing servers are the two most significant ways of reducing data center energy consumption. Tape cartridges spend most of their life in a library slot or on a shelf and dont consume energy unless mounted in a tape drive, making tape the ideal archival storage choice. Building another data center is extremely expensive mandating that energy consumption be efficiently managed accentuating the significant role tape is playing in data center economics. For large-scale data centers adding disk is tactical adding tape is strategic.

Todays data center storage technology hierarchy consists of three technologies - SSDs, HDDs and tape and the ideal storage implementation optimizes the strengths of each. However, the role tape serves in todays modern data centers is expanding fast and tape momentum will increase as data growth continues on an explosive trajectory across many new applications, workloads, and in most of the hyperscale data centers. With these advancements in place, modern tape technology delivers the most reliable, cyber-secure, energy efficient, and cost-effective data center storage solution available today. Roadmaps signal this trend of steady technological tape innovation to continue well into the future.

Even with a global pandemic in full swing and how it will play out remaining unclear, the digital data storage landscape continues to expand presenting a constant stream of new challenges and new threats. This is evident for the tape industry as the steady arrival of many rich technology improvements has set the stage for tape to remain the most effective storage solution for the enormous high capacity and data protection challenges that lie ahead.

Rich Gadomski is co-chair of the Tape Storage Council, Active Archive Alliance and Head of Tape Evangelism at FUJIFILM Recording Media U.S.A., Inc.

Adapted from Tape Storage Council 2020 Annual Report: Tape Has Become a Strategic Imperative in the Mass Storage Landscape.

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The role of tape storage in 2021 and beyond - Continuity Central

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Private Cloud Storage Market by Manufacturers, Regions, Type and Application, Forecast To 2026 Amazon Cloud Drive, Apple iCloud, Box, Dropbox, Google…

Research report on Private Cloud Storage market released by Zeal Insider is fragmented in terms of types and applications. The Private Cloud Storage Market is scrutinized in terms of market size, market share, status, trends, competitive scenario, and potential growth opportunities with forecast till 2027. Thus, it will completely help our users to know more about this industry. The Private Cloud Storage market study is an in-depth analysis of this industry that effectively covers all the aspects related to this industry over the projected period and the primary development trends of the market, over the forecast period (2020-2026). This report on the global Private Cloud Storage market is designed to serve as a ready-to-use guide for developing accurate pandemic management programs allowing market players to successfully emerge from the crisis and retract numerous gains and profits. The players included in this report are chosen on terms of their product portfolio, market share, brand value, and the monetary wellbeing of the organizations.

Top players listed in Private Cloud Storage report:

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The Private Cloud Storage market report contains detailed analysis of data through industrial dynamics which has major impact on the growth of market. It further focuses on restraining factors of market which shows negative impact on the growth of market. The lucrative opportunities of Private Cloud Storage market are also added up to provide complete understanding of Private Cloud Storage market in coming years.

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Following the fundaments, the market is segmented on the basis of geography.

Segmentation of Private Cloud Storage Market:

Market, By Types:

Market, By Applications:

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Due to the lasting and enduring spread of Covid-19 pandemic crisis and its devastating inferences on holistic growth trajectory on the global Private Cloud Storage market, the market research team experts have planned specially designed sections in the research report that will provide impact of Covid-19 crisis on businesses and their probable come-back journey. Hence, this research report provides Covid-19 impact of the Private Cloud Storage industry, market impact, consumer buying behavior and forecast and recovery analysis of the global Private Cloud Storage market.

The Objectives of Market Research Report Are As Follow:

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Conclusion:

At the end of Private Cloud Storage Market report, all the findings and estimation are given. It also includes major drivers, and opportunities along with regional analysis. Segment analysis is also providing in terms of type and application both.

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Why Object Storage Is the Answer to AI’s Biggest Challenge – Datanami

(Michael Traitov/Shutterstock)

The COVID-19 pandemic has underscored just how critical it is to be able to quickly analyze and interpret data and the invaluable role that artificial intelligence and machine learning play in savvy decision-making. In the quest for a vaccine, the whole world has witnessed a very practical (and life-saving) application of machine learning, which drives the required training and ongoing fine-tuning of models used by AI for inference in real-time.

Because better trained models result in faster and more accurate AI, it stands to reason that AIs biggest challenge is properly training its ML models.

Well-trained ML models must be fed a steady diet of big data so they can adapt and improve. As the training data sets grow, learning algorithms perform better and become more accurate. Simply put: the more data, the better the outcome. Obviously, huge amounts of data call for huge amounts of storage, but all storage solutions arent created equal in this context. As enterprises evaluate how they can best leverage their own AI/ML applications, its imperative that they dont overlook storage infrastructure in the process.

An organizations ability to successfully sift through and glean actionable insights from the massive, ever-growing data sets necessary for model training is dependent on having a storage architecture that can keep up with exceedingly demanding requirements across all stages of the data pipeline.

Heres why object storage is the most suitable and, quite frankly, the only adequate solution to help solve AI/MLs model-training challenge:

(CG Alex/Shutterstock)

Enterprises seeking to realize the full value of their AI applications must understand the critical nature and potential challenge of properly training and fine-tuning their ML models. The smart ones will be just as conscientious about choosing the right storage infrastructure as they are about compute requirements. The wisest will come to the conclusion that object storage solutions provide the optimal foundation for ultimately extracting fast and accurate analytical insights, life-saving and otherwise.

About the author: Maziar Tamadon is product and solution marketing director at Scality. Prior to joining Scality, Maziar held product marketing, product management and engineering positions at Seagate, Broadcom, Emulex, Brocade, and Hewlett-Packard, in the US and France. He holds MS in EE and CS from the Institut National Polytechnique de Grenoble in France.

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The Object (Store) of Your Desire

Rethinking Architecture at Massive Scale

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Why Object Storage Is the Answer to AI's Biggest Challenge - Datanami

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The mainframe cloud journey is here – ITProPortal

The phrase where you sit is where you stand is becoming increasingly prevalent in the modern tech space. It is a clever way of making the point that the position a person occupies professionally or in an organization, strongly influences their views on almost everything. Thus, cloud vendors and people that have committed to cloud or grown up with the cloud see only one future for IT, and its not on premises.

Similarly, mainframe experts have heard it all before. The rise of the minicomputer, growth of client-server computing and creation of rack servers were all supposed to be harbingers of the end an end that never quite happened. Mainframes have continued to successfully power most large enterprises, but that doesnt mean mainframe environments are or should be immutable.

The point is that an objective view must recognize the unique strength and staying power of the mainframe as well as the extensive capabilities available in the cloud. For example, Gartner, a leading technology research and advisory company, is predicting that by 2025 one-third of mainframe data storage will in fact reside in the cloud. Of course, predicting is one thing and achieving is another.

The fact of the matter is that traditional tools for data movement and transformation in the mainframe environment are wholly inadequate and, furthermore, organizations are being held back by not having a model for improvement. Either they are asked to take a futile boil the ocean approach of completely abandoning mainframe and moving lock, stock, and barrel to the cloud, or they are stymied by a sandbox proof of concept approach, which often leads to more dead ends, sterile experiments, and confusion rather than advancement.

A real-world tested approach built around the concept of a three part journey may be the answer. The journey begins by addressing an issue that is low-hanging-fruit, namely the cost and limitations of traditional mainframe archive storage. It invests in moving all or part of this category of storage to one of the many capable and secure cloud-based storage options. The journey then moves ahead based on wins and organizational goals. It is much more focused and results-oriented than a sandbox, proof of concept and it is the opposite of a bet-the-company, lift-and-shift approach.

The cloud journey is a low-risk approach because it starts by essentially integrating cloud into the mainframe environment. It focuses on retiring legacy tape storage systems and turning to the cloud to reduce data management costs and data center footprint. Additionally, it offers an easy next step with immediate payback a second step on the journey in the form of affordable, agile analytics in the cloud which can help monetize data that is rarely accessible, let alone feasible to effectively use.

An example of taking this approach is a leading transportation sector company in the U.S. that wanted to take steps toward modernization. After weighing many options, the company chose to move archival data to an Amazon S3 cloud storage service with the help of designed-for-the-purpose software that put little or no burden on normal mainframe operations. The movement of data also helped to cut data center costs, particularly by eliminating the space, hardware, and management overhead of a proprietary tape storage system.

Once a company transfers data to the cloud, it can permanently avoid the costly, on-premise proprietary storage offerings that amount to simply running in place without improvements in price-performance and with no increase in the ability to share data with applications and analytics. The key, though, is leveraging growing software capabilities, which can make data movement and transformation fast, easy, and affordable.

Once this companys data was in the cloud, they took the second step on their journey by employing AWS Snowflake to begin the process of unlocking insights from within their store of operational data. This proved an equally worthwhile step on their modernization journey. The company found new power from the efficiency and scalability of cloud analytics, which strengthened their BI capabilities and opened doors to new, revenue-generating applications.

This leading transportation company is not alone in its desire and determination to better use their valuable mainframe data, but for many it has been a difficult path. While IBM has provided potent computing platforms to its customers, its offerings are often something companies simply cant afford. So, it should come as no surprise that moving company data off of the mainframe has traditionally been difficult and financially impractical.

First and foremost, most methods rely heavily on mainframe processing to extract and transform data before loading it to a target. This is the traditional ETL process that has long been used for tasks such as populating data warehouses. Unfortunately, it can threaten critical operational processing and backup activities while burning up MSUs.

But, its no longer the only way. A software approach to data movement can offer radically different results faster and more efficient data movement with little impact on the CPU and thus, little or no contribution to MSU billing. Instead of relying on the CPU, tasks can be assigned to mainframe zIIP engines. These System z Integrated Information Processors were originally conceived as helpers for DB2 processing loads but can also be put to work on other tasks, including data movement.

The other realization that makes the software approach so compelling is that the mainframe does not need to be responsible for transformation of the data at all -- just pulling it from storage and sending it on its way over TCP/IP. Transformation can then occur in the cloud when the time is right.

The journey model may end right there for many organizations. Simply reducing storage costs can be enough, but going from step one to step two on the journey and making data shareable with analytic tools and modern, agile applications is both achievable and exceptionally rewarding.

Once this data-centric step is accomplished, further refinements and even more substantive changes become possible. This is the third step, which involves developing a clear long-term IT strategy and putting applications all or some into the cloud as well. Although this step is possible, for most mainframe-oriented organizations, complete abandonment of the mainframe is unlikely. Still, having more data in the cloud offers wider options and makes possible a true mainframe-hybrid environment, which combines the very best of both cloud and on-premises.

In the not-so-distant future, based on growing experience with cloud data storage, mainframe professionals will have acquired a new where you sit is where you stand perspective that involves mastery of both the mainframe and the elegance, flexibility, and power of the cloud, even including multi-cloud. They will have recognized the cloud journey model and found their place and pace in it, bringing invaluable results.

Gil Peleg, Founder and CEO, Model9

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The mainframe cloud journey is here - ITProPortal

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Bitcoin part 1: Heres how the cryptocurrency works – Moneycontrol.com

Note to readers: Bitcoin is becoming popular by the day. It has captured the imagination of many young investors and millennials. But keeping aside its meteoric rise, what is Bitcoin really? And why is the Reserve Bank of India worried? Moneycontrols two-part series demystifies Bitcoin, cryptocurrencies and how they work.

From $121.34 a unit in October 2013 to $32,000 in January 2021, the Bitcoins price has skyrocketed. And no wonder investors of all hues have been intrigued by the cryptocurrencys massive rally. What is this instrument, if it is one at all, and what explains its incredible upward journey? And should you consider the Bitcoin for your portfolio?

What is Bitcoin?

Bitcoin is a type of digital currency. But it is unlike other fiat (legal) currency the Rupee, US Dollar, Euro and so on. A currency is meant to buy goods and services. But unlike normal currencies, the Bitcoin is available only in digital form. It is one of over 4,000 cryptocurrencies available in the world today.

Source: CoinDCX

What is a cryptocurrency?

A cryptocurrency is a virtual currency. It is a generic name Bitcoin is like a brand. Think of cryptocurrency as Cola and Bitcoin as, say, Pepsi. The Bitcoin is the most popular cryptocurrency in the world today. A single unit of a cryptocurrency is actually a complex computerized code that cannot be duplicated.

Why do I need a Bitcoin in the first place, when there is regular currency?

Our usual currencies are subject to a lot of rules and regulations. Central banks of various nations govern their currencies. They control the exchange rates, decide how much money to print and intervene regularly in forex markets.

In 2008, after the global credit crisis, a need was felt to democratize how currencies are held, exchanged and regulated. That year, an anonymous person, under the pseudonym Satoshi Nakamoto, invented Bitcoin. Nobody yet knows who and where Nakamoto is. That was the birth of cryptocurrencies. Ever since, many other cryptocurrencies were invented, but Bitcoin remains the most popular.

Cryptocurrencies are more democratic. You can use them in any part of the world, buy as much as you want and use them anywhere. There is a network of people and their computers that maintains a ledger. Any exchange of the cryptocurrency must be validated by all those who are present in the network. The ledger then gets updated to reflect the transaction. This technology is called blockchain.

What is Blockchain?

Blockchain is a technology on which Bitcoin or any other cryptocurrency works. Its nothing but a sophisticated record-maintaining system run by several users in a decentralized way.

When a Bitcoin is exchanged, a block of data (an alphanumeric code that signifies the cryptocurrency, its quantum and value) is created and shared across all the computers (or nodes) attached to the network. Think of this block as a series of such transactions. Once this block is verified, a formal record gets entered into the decentralized database for everyone (who is on that network) to see. Then, when that same Bitcoin is sought to be sold again, another block gets created. The previous transaction (or block) is not erased. The new block gets attached to the old block to form a chain (hence the term blockchain) for everyone to see the trail. This way of record keeping also means that the transaction cannot be reversed.

So can Bitcoin replace our Rupee?

Not so fast. For one, despite being devised as currencies that should enable you to buy goods and services, cryptocurrencies arent yet considered legal tender. For one, many countries, including India, havent legalized the use of cryptocurrencies.

Why then has the price of Bitcoin gone up so much?

The speculative potential of what Bitcoin can become once it finds global government acceptance and become legal tender is a key driver. In April 2018, the RBI virtually banned cryptocurrencies and prohibited all regulated entities, such as banks, from allowing anyone to trade in them. So, you could no longer transfer funds from your bank account online to a cryptocurrency exchange for buying a Bitcoin or any other cryptocurrency.

But in March 2020, the Supreme Court said that such curbs are illegal. The Supreme Courts ruling makes many believe that eventually cryptocurrency would become legal tender.

Higher demand and lower supply lead to higher prices. The current stage of Bitcoin is one where there is limited supply and a very high demand. That is why Bitcoins price shot up 414 percent between March 2020 and January 2021.

The US, UK and Germany are some countries that allow the use of cryptocurrencies.

So what is the danger in making this a legal currency worldwide?

Apart from decentralization and democracy, the basic idea of cryptocurrency is that there must be no restrictions or controls. Cryptocurrencies do not maintain your records. When you exchange any cryptocurrency, all that gets stored in the decentralized ledger we just told you about, is the fact that the currency was exchanged. Your identity does not get stored. Buyers and sellers of Bitcoin do not get to know each others identities. Hence, its difficult to tax Bitcoin and that is a loss of revenue to the government. You can buy almost anything on the dark web without your identity being revealed and that is a real danger in popularizing cryptocurrencies.

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Bitcoin part 1: Heres how the cryptocurrency works - Moneycontrol.com

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