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Nicole Junkermann on the future of cryptocurrency | Business Leader News – Business Leader

October 8, 2020 | Author: admin

Nicole Junkermann is an international entrepreneur and investor, and the founder of NJF Holdings, an international investment company with interests in venture capital, private equity, and real estate. Through NJFs venture capital arm (NJF Capital), Nicole oversees a portfolio across Europe and the US similar in size to a small venture fund, including in healthcare, fintech, and deep tech.

Rapid advancements in technology, globalization, digitalisation and now, a pandemic, have led to an important milestone in the history of digital finance. Lockdowns and lack of money-printing has focused attention on the inefficiency and cost of conventional money, pushing many, including new users, towards cryptocurrency. In July, Forbes reported that Bitcoin surge to over $11,000 per bitcoin, triggered by a retail trading boom. Moreover, the Global Cryptoasset Benchmarking Study published in September 2020 by the University of Cambridge recorded 101 million cryptocurrency users worldwide.

Cryptocurrencies, which are designed to be a secure type of electronic cash, exist virtually and rely on a peer-to-peer implementation system; ie there is no central bank or government to manage the system or step in if something goes wrong. As we move into an increasingly digital age, the future of cryptocurrency is going to become ever more important. According to Chief Economist at DBS, Taimur Baig, cryptocurrencies are expected to see a pandemic-led acceleration of adoption. Thats how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August 2020.

I have made a range of investments across the FinTech space, one of which is in blockchain.com. This investment was the perfect opportunity to allow me to enter a market in which I felt there was a real potential for growth, but by backing an exchange platform, I have been able to take a watching brief as to how the actual individual cryptocurrencies are developing over time.

It has been interesting to see how the likes of Ripple, Ethereum, and Litecoin battle for supremacy, how these currencies have been adopted much quicker in the emerging markets rather than in traditional economies and particularly among younger people in these markets, and how cryptocurrencies have remaining relatively stable among the uncertainty in financial markets caused by the Covid-19 pandemic.

Blockchain.com

Blockchain.com is a Crypto Exchange designed to provide a secure wallet to buy, sell, and trade cryptocurrencies. Since its founding in 2011, the Company now holds over 47 million wallets across 140 countries and has facilitated more than 100 million cryptocurrency transactions with a total value in excess of US$200 billion.

The company has raised US$70 million to date. I am proud to have invested alongside leading investors from across Silicon Valley, Wall Street, and London, including GV (formerly Google Ventures), Lake Star, Lightspeed, and Mosaic Ventures.

Throughout its success, Blockchain.com has focused on delivering on its vision to offer financial empowerment to its customers through creating a secure and private platform allowing users to Be Your Own Bank. Blockchain.com continues to be led by its co-founders, Peter Smith, a renowned thought-leader in the FinTech space, and, serial entrepreneur and technologist, Nicolas Cary.

As an investor, I am excited to see how this sector develops and, in particular, I am eager to see how the currencies adapt to the inevitable and necessary changes in this industry, such as clearer regulation and governance, as well as enhancements in cyber security protection.

Digital payments, alongside the infrastructure and technology upon which this industry is founded, have been around for a long time. However, it has recently become clear that this virtual currency has become a global phenomenon. Growing global connectivity and technological advancements has also led to an enhanced sophistication in the cryptocurrency market and it will be interesting to see how this continues to advance.

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Nicole Junkermann on the future of cryptocurrency | Business Leader News - Business Leader

IBM shares rise on plans to spin off its IT infrastructure unit and focus on the cloud business – CNBC

October 8, 2020 | Author: admin

IBM said Thursday it would spin off its IT infrastructure unit into a new publicly traded company to focus its legacy business more on cloud computing, a high-margin segment that has seen a boost as companies increasingly ramp up their digital shift.

Shares of the company were up more than 5% in early afternoon trading.

Specifically, IBM will spin out the Managed Infrastructure Services unit of its Global Technology Services business into a new company, temporarily called NewCo, by the end of 2021. IBM said it willmanage and modernize client-owned infrastructures, which it says is a $500 billion market opportunity.J.P. Morgan and Lazardare serving as financial advisors for the transaction.

"We believe we can deliver strong growth within the company with the financial flexibility we will create with this transaction," CEO Arvind Krishna told CNBC's "Squawk on the Street."

IBM has trimmed its legacy businesses over the years to focus on cloud, aiming to make up for slowing software sales and seasonal demand for its mainframe servers.

Krishna, who took over as chief executive officer from Ginni Rometty in April, said IBM's software and solutions portfolio will account for the majority of company revenue after the separation.

"IBM will focus on its open hybrid cloud platform and AI capabilities," Krishna said earlier Thursday in a prepared statement. "NewCo will have greater agility to design, run and modernize the infrastructure of the world's most important organizations. Both companies will be on an improved growth trajectory with greater ability to partner and capture new opportunities creating value for clients and shareholders."

Krishna led IBM's $34 billion acquisition of Red Hat, an enterprise software maker that is now a part of IBM's hybrid cloud division.

"The success we've had with Red Hat gives us confidence that this is the right move," he added, calling the move a "significant shift" in the company's business model.IBM's Cloud and Cognitive Software segment, which includes Red Hat, produced $5.75 billion in revenue in its second quarter of 2020, slightly beating analysts' estimates. The Global Technology Services unit, which is the portion from which the new company is being spun out, booked $6.32 billion in Q2, a drop of 8% from the previous year.

IBM also providedpreliminary financial results for the third quarter. The company said it expected third-quarter revenue of $17.6 billion and an adjusted profit per share of $2.58, in line with Wall Street estimates. IBM is expected to report Q3 earnings Oct. 21.

-- Reuters contributed to this report.

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IBM shares rise on plans to spin off its IT infrastructure unit and focus on the cloud business - CNBC

Carhartt shifts old data to the cloud with Komprise – ComputerWeekly.com

October 8, 2020 | Author: admin

US-based clothing manufacturer Carhartt has saved 75% on storage costs for every gigabyte of data it holds by being able to monitor and migrate files from its on-premise locations to Azure cloud storage using data management software from Komprise.

The company uses Komprise to identify data that is beyond much likelihood of frequent use and is able to migrate it from on-premise storage at $1 per gigabyte to Microsoft Azure Blob and Cold storage at around $0.25 per gigabyte.

Michigan-headquartered Carhartt makes clothing at nine manufacturing plants in the US and Mexico, with satellite locations in Europe and the Far East. It has two primary datacentres with 3,200 staff and more than 1,000 contractors who access its systems.

It is primarily a Microsoft user, with SAP as its enterprise resource planning (ERP) provider.

Key issues that faced the company were a great deal of data sprawl, said systems engineer, Earl Williams.

The main reason we ended up using Komprise was that we needed to keep the system trim, said Williams. We had 22TB [terabytes] on the main file server, with everything from HR information to user file shares. There was no rhyme or reason; there was just data.

The file server runs a Windows 2008 R2 operating system and had become a big mess, according to Williams.

If servers went down we wouldnt have access to data and it meant we ran risks in terms of security, he said.The plan to implement Komprise was so we could get a grip on the box because it was getting out of control.

So-called Komprise observers were deployed, which run as a virtual appliance at the customer site to analyse data across on-premise storage, move the data and provide transparent access to data stored in the cloud.

According to Williams, in Carhartts case most data is migrated off according to its age. It goes to Azure Blob, where automated incremental growth takes care of increasing volumes of data, and Azure Cold storage.

The company now has around 16TB of data on-premise and the same amount in Azure, which is 75% less costly.

Besides storage cost, Williams cites the benefit of ease of access for users to the companys file servers. It doesnt take the user five minutes to open a file, and remote regions can access content on the Azure cloud, he said.

Komprise is a storage analytics tool that can index content and migrate it according to user policy. It is based on the open source Elasticsearch search engine.

Komprises Deep Analytics functionality allows the customer to query potentially petabytes of unstructured data and create a distinct virtual data set from disparate stored data.

Customers can set policies to categorise data by when it was last accessed, who accessed it, type of data, and so on. Komprise also migrates to other storage, and can do so between protocols and to the cloud, with a stub left behind for local access.

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Carhartt shifts old data to the cloud with Komprise - ComputerWeekly.com

Global Cloud Identity and Access Management (IAM) Industry – PRNewswire

October 8, 2020 | Author: admin

NEW YORK, Oct. 7, 2020 /PRNewswire/ -- The corona virus pandemic has accelerated adoption of cloud computing with "cloud first" and "cloud only" becoming mainstay IT approaches for companies of all sizes and types. The pandemic confined people to homes, closed down offices, halted transport, and virtually brought social and economic life to a grinding halt. To cope with the abrupt cessation of all operational activities, the world shifted gears to a remote working mode almost overnight. A key technology playing a crucial role in enabling remote operations like cloud computing. The technology has witnessed massive increase in adoption in the 1st quarter 2020. Desperate companies to ensure business continuity in the face of unprecedented crisis have seized cloud computing along with mobile technology to enable employees work from any location with internet access, via a virtual desktop or remote infrastructure. Cloud provides a virtual environment where employees can access all the information they normally do in a physical office. Documents and data can be safety accessed from any location. The technology is best loved for its ability to enable shared access to information centrally located on a single server. In addition to agility and flexibility, cloud also offers greater levels of security for remote working. From user-specific passwords to encryption of files, cloud offers a wide variety of security tools. Other benefits include enablement of true mobility; easy update and maintenance of cloud-based systems; effective backup and easy retrieval of lost or damaged data which is especially important when separated teams have access to just basic forms of home IT tools. Connected computers can automatically backup files, emails or digital records to cloud-servers.

Read the full report: https://www.reportlinker.com/p05956320/?utm_source=PRN

It's the Cloud that Allows Dynamic Scaling to Accommodate X Times Increase in Remote Working

Over the last three months,88% of IT companies worldwide migrated their employees to work-from-home (WFH) during the pandemic. 92% of teams in Asia-Pacific have implemented WFH since the outbreak highlighting the need to flatten the curve in countries with less than adequate healthcare resources. 45% of employees cite COVID-19 as the trigger for rapid adoption of remote working strategies. 72% of companies plan to shift a portion of their staff permanently to a WFH model. This massive exodus of workforce to remote working is enabled by the cloud. Since the cloud represents nothing but a server connected to internet, it requires no additional hardware or supporting infrastructure. Any number of employees with their own laptops or PCs can be added to the WFH pool, eliminating the challenges posed by social distancing and quarantine and hassles of restricted office space and on-premise IT infrastructure and hardware. In a traditional IT environment, adding additional employees to the local network will require extend the LAN or WLAN network by running more cable, installing directional antennas, increasing internet bandwidth, adding WAN connectivity hardware, among others. The transition to remote work in this massive scale would not have been possible on a server-led infrastructure of 15 to 20 years ago.

It's the Cloud that Makes Remote Collaboration a Breeze for IT Departments Worldwide

It's the cloud that is now enabling remote teams to work closely and seamlessly. Cloud-based videoconferencing systems have stormed into the spotlight. Exemplified by Zoom Video Communications, Inc., cloud based videoconferencing solutions are today a roaring success supported by benefits such as increased efficiency, simpler management and usability, high-quality video and audio; meeting recording and sharing; ability to Join from browser without needing application downloads and installations; greater security and complete elimination of interoperability issues and universal compatibility among multiple users and their preferred devices i.e. video systems, laptops, PCs, tablets and smart phones. The cloud in short has given businesses the opportunity to survive the current COVID-19 crisis and live to fight another day in the corporate world.

How Much Then Will Cloud Security Technologies Grow? Cloud IAM to Reach US$16.1 Billion by 2027

With enterprise CIOs prioritizing their spending on public cloud, demand for Cloud IAM is spiraling as security in the cloud rises in parallel importance. The global market for Cloud IAM estimated at US$3 billion in the year 2020, is projected to reach a revised size of US$16.1 billion by 2027, growing at a CAGR of 26.7% over the analysis period 2020-2027. User Provisioning, one of the segments analyzed in the report, is projected to grow at a 27.3% CAGR to reach US$7 billion by the end of the analysis period. IAM is an essential part of security for enterprises and industries, given its inherent association with productivity. IAM systems are also essential for ensuring that an added layer of protection is given for organization networks in order to ensure that users access rules and policies are consistent all through the enterprise. By using central management capabilities, IAM systems are designed to cut down cost as well as complexity associated with protecting user credentials and access. IAM also facilitates productivity improvement in a secure manner, when working from office, home or while on the move. Organizations need to ensure their employees have unique access to resources to prevent potential attacks. With Cloud IAM, organizations can efficiently resolve radius issues. LDAP represents database for the users, systems and applications that require authentication. However, managing LDAP servers that are on-premise can be challenging, as it requires much effort and time. Cloud IAM, with LDAPaaS (LDAP as a Service) is emerging as an answer to this problem. Also, a cloud based directory would enable organizations to establish multi-factor authentication, which constitutes a major step for preventing unauthorized access. Another important advantage with cloud IAM is the flexibility it offers in user management. Also, organizations that are cloud-forward have several web tools and applications and it is important that the directory they use is able to utilize all of these tools and applications. Cloud IAM allows such integrations. Single sign-on constitutes another beneficial feature of cloud IAM. Cloud IAM can also be integrated with MFA (multi-factor authentication) or 2FA (two factor authentication). Username & password credentials constituted the approach followed by legacy directory services.

Read the full report: https://www.reportlinker.com/p05956320/?utm_source=PRN

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY An Overview of Cloud IAM

1. MARKET OVERVIEW Market by Product Segment Adoption of Cloud IAM by SMBs on Fast Pace USA Asia Pacific Cloud IAM: Prelude Market by Vertical Global Competitor Market Shares Cloud IAM Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 Competition Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS Growing Adoption of Cloud and BYOD Drive Opportunities for Cloud IAM Innovations and Advancements Enterprises Migrating to Cloud Fuels the need for Cloud IAM

4. GLOBAL MARKET PERSPECTIVE Table 1: Cloud IAM Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Cloud IAM Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019

Table 3: Cloud IAM Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: Access Management (Type) World Market by Region/Country in US$ Million: 2020 to 2027

Table 5: Access Management (Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019

Table 6: Access Management (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027

Table 7: User Provisioning (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027

Table 8: User Provisioning (Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019

Table 9: User Provisioning (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

Table 10: Directory Services (Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027

Table 11: Directory Services (Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019

Table 12: Directory Services (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

Table 13: Single Sign-On (Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027

Table 14: Single Sign-On (Type) Market Historic Review by Region/Country in US$ Million: 2012 to 2019

Table 15: Single Sign-On (Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

Table 16: Password Management (Type) World Market by Region/Country in US$ Million: 2020 to 2027

Table 17: Password Management (Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019

Table 18: Password Management (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

Table 19: Audit Governance & Compliance Management (Type) World Market Estimates and Forecasts in US$ Million by Region/Country: 2020 to 2027

Table 20: Audit Governance & Compliance Management (Type) Market Worldwide Historic Review by Region/Country in US$ Million: 2012 to 2019

Table 21: Audit Governance & Compliance Management (Type) Market Percentage Share Distribution by Region/Country: 2012 VS 2020 VS 2027

Table 22: Other Types (Type) Market Opportunity Analysis Worldwide in US$ Million by Region/Country: 2020 to 2027

Table 23: Other Types (Type) Global Historic Demand in US$ Million by Region/Country: 2012 to 2019

Table 24: Other Types (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

Table 25: Small & Medium Businesses (SMBs) (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027

Table 26: Small & Medium Businesses (SMBs) (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019

Table 27: Small & Medium Businesses (SMBs) (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027

Table 28: Large Enterprises (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027

Table 29: Large Enterprises (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019

Table 30: Large Enterprises (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

Table 31: BFSI (Industry Vertical) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027

Table 32: BFSI (Industry Vertical) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019

Table 33: BFSI (Industry Vertical) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027

Table 34: Telecom & IT (Industry Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027

Table 35: Telecom & IT (Industry Vertical) Global Historic Analysis in US$ Million by Region/Country: 2012-2019

Table 36: Telecom & IT (Industry Vertical) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 37: Oil & Gas (Industry Vertical) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027

Table 38: Oil & Gas (Industry Vertical) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2012 to 2019

Table 39: Oil & Gas (Industry Vertical) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027

Table 40: Public Sector & Utilities (Industry Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027

Table 41: Public Sector & Utilities (Industry Vertical) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019

Table 42: Public Sector & Utilities (Industry Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 43: Healthcare (Industry Vertical) Worldwide Sales in US$ Million by Region/Country: 2020-2027

Table 44: Healthcare (Industry Vertical) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019

Table 45: Healthcare (Industry Vertical) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027

Table 46: Education (Industry Vertical) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027

Table 47: Education (Industry Vertical) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019

Table 48: Education (Industry Vertical) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

Table 49: Manufacturing (Industry Vertical) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027

Table 50: Manufacturing (Industry Vertical) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019

Table 51: Manufacturing (Industry Vertical) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027

Table 52: Retail (Industry Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027

Table 53: Retail (Industry Vertical) Global Historic Analysis in US$ Million by Region/Country: 2012-2019

Table 54: Retail (Industry Vertical) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 55: Other Industry Verticals (Industry Vertical) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027

Table 56: Other Industry Verticals (Industry Vertical) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2012 to 2019

Table 57: Other Industry Verticals (Industry Vertical) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES Market Facts & Figures US Cloud IAM Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 58: United States Cloud IAM Market Estimates and Projections in US$ Million by Type: 2020 to 2027

Table 59: Cloud IAM Market in the United States by Type: A Historic Review in US$ Million for 2012-2019

Table 60: United States Cloud IAM Market Share Breakdown by Type: 2012 VS 2020 VS 2027

Table 61: United States Cloud IAM Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027

Table 62: Cloud IAM Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019

Table 63: Cloud IAM Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027

Table 64: United States Cloud IAM Latent Demand Forecasts in US$ Million by Industry Vertical: 2020 to 2027

Table 65: Cloud IAM Historic Demand Patterns in the United States by Industry Vertical in US$ Million for 2012-2019

Table 66: Cloud IAM Market Share Breakdown in the United States by Industry Vertical: 2012 VS 2020 VS 2027

CANADA Table 67: Canadian Cloud IAM Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027

Table 68: Canadian Cloud IAM Historic Market Review by Type in US$ Million: 2012-2019

Table 69: Cloud IAM Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027

Table 70: Canadian Cloud IAM Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027

Table 71: Cloud IAM Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019

Table 72: Canadian Cloud IAM Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

Table 73: Canadian Cloud IAM Market Quantitative Demand Analysis in US$ Million by Industry Vertical: 2020 to 2027

Table 74: Cloud IAM Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Industry Vertical for 2012-2019

Table 75: Canadian Cloud IAM Market Share Analysis by Industry Vertical: 2012 VS 2020 VS 2027

JAPAN Table 76: Japanese Market for Cloud IAM: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027

Table 77: Cloud IAM Market in Japan: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019

Table 78: Japanese Cloud IAM Market Share Analysis by Type: 2012 VS 2020 VS 2027

Table 79: Japanese Demand Estimates and Forecasts for Cloud IAM in US$ Million by End-Use: 2020 to 2027

Table 80: Japanese Cloud IAM Market in US$ Million by End-Use: 2012-2019

Table 81: Cloud IAM Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027

Table 82: Japanese Demand Estimates and Forecasts for Cloud IAM in US$ Million by Industry Vertical: 2020 to 2027

Table 83: Japanese Cloud IAM Market in US$ Million by Industry Vertical: 2012-2019

Table 84: Cloud IAM Market Share Shift in Japan by Industry Vertical: 2012 VS 2020 VS 2027

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Global Cloud Identity and Access Management (IAM) Industry - PRNewswire

Smart Home Cloud Platform Market is anticipated to exhibit an impressive CAGR of around 17% during 2020 to 2030, Reports PMR – PRNewswire

October 8, 2020 | Author: admin

A homeowner can make his/her existing home smart by integrating cloud-based technology with it. Cloud computing enables homeowners to remotely access their home appliances, even if they are miles away from the home. Moreover, this technology enables enhanced security and convenience to homeowners by deploying secure cloud platforms.

As per the findings of a new market research report by Persistence Market Research, the worldwide smart home cloud platform market reached US$ 5.4 Bn in 2019, and is anticipated to exhibit an impressive CAGR of around 17% during the forecast period of 2020 to 2030.

Key Takeaways from Smart Home Cloud Platform Market Study

Get PDF Brochure for Research Insights at: https://www.persistencemarketresearch.com/samples/29866

"Smart home appliance manufacturers are developing their appliances to connect to the cloud, mobile devices, wearable devices, and other Internet-enabled devices, to provide a seamless experience. Continued adoption of cloud technologies in smart home devices would drive the growth of the smart home cloud platform market," says a PMR analyst.

Smart Device Manufacturers' Focus on Technology Innovation to Commercialize Products to Gain Long-term Profitability

Companies such as Amazon, Google, Ayla Networks, and others are offering best-in-class smart home solutions to provide a rich customer experience for a connected lifestyle. They provide a wide range of hardware, platforms, and services for smart home device management, interactive smart assistants, with application enablement capabilities. Their smart home platforms are device agnostic, and provide a holistic view and control of all smart devices.

Need more information about Report Methodology? Ask here: https://www.persistencemarketresearch.com/methodology/29866

Smart home system providers either develop their own cloud-based platforms or enter into technology partnerships with other platform providers to support their wide range of smart home solutions. As IoT technology moves toward wide integration, cloud-based interoperability for smart home devices would proliferate to provide huge opportunities in the smart home cloud platform market.

Find More Valuable Insights on Smart Home Cloud Platform Market

Persistence Market Research, puts forward an unbiased analysis of the global market for smart home cloud platform market, providing historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. To understand the opportunities in the smart home cloud platform market, the market is segmented on the basis of solution (smart home cloud platforms and services [API integration services, remote firmware up-gradation, diagnostics services, risk assessment services]) application (lighting control, security and access control, HVAC control, entertainment control and other controls, smart speakers, home healthcare, smart kitchens, home appliances, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and MEA).

Request for Full Report Access: https://www.persistencemarketresearch.com/checkout/29866

About PMR Electronics, Semiconductor, and ICT Division

Expert analysis, actionable insights, and strategic recommendations the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact

Rajendra Singh Persistence Market ResearchU.S. Sales Office:305 Broadway, 7th FloorNew York City, NY 10007+1-646-568-7751United StatesUSA - Canada Toll-Free: 800-961-0353Web Site: https://www.persistencemarketresearch.comEmail: [emailprotected]Recent Development in top 25 sectors: https://www.persistencemarketresearch.com/recent-development-in-top-25-sectorsContent Source: https://www.persistencemarketresearch.com/mediarelease/smart-home-cloud-platform-market.asp

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Smart Home Cloud Platform Market is anticipated to exhibit an impressive CAGR of around 17% during 2020 to 2030, Reports PMR - PRNewswire

Why Africa Needs to Take Advantage of the Cloud – IT News Africa

October 8, 2020 | Author: admin

As a unified online platform for communication and collaboration, the cloud is now widely considered to be one of the most valuable resources we have at our disposal. Its reported that by the end of 2020, 82% of workloads globally will reside on the cloud and more than 40 zettabytes of data will be flowing through cloud servers and networks.

If African businesses are to take advantage of the opportunities that the cloud will present in the next decade, there are some key numbers we should all be paying attention to:

402.5 GB

Thats how much data European and American broadband subscribers used on average every month during the first quarter of 2020. This reflects an increase of 47% in broadband data usage from the first quarter of 2019 to the first quarter of 2020. Of course, some of this can be attributed to global lockdowns increasing data usage for entertainment, work or online learning arrangements.

This increase has been mirrored on our continent with SEACOM recently doubling the capacity of its fibre optic network to meet the growing demand for bandwidth in Africa. Its almost certain that these numbers will continue to increase, enabling cloud-based tech like the Internet of Things and AI-driven automation.

23 335%

In Kenya, weve seen our Internet use grow by 23 335% over the last two decades, with Internet penetration at approximately 87%. The subsequent shifts in consumer needs and expectations caused by increasing demand for Internet access has led to aggressive network rollout and infrastructure upgrades using technologies that support high capacity services.

As our Internet capacity continues to grow, so do the opportunities for businesses to use cloud technologies to realise efficiencies and reach new markets.

$331 billion

Its reported that the average person uses 36 cloud-based services every single day with global cloud revenue estimated to grow to $331 billion by 2022.

But what does this mean for Africa? If this continent is to generate and keep part of that cloud-revenue pie, governments and businesses need to do what they can to invest in, support and increase access to cloud technology.

The cloud has the potential to have a profound impact on organisations abilities to innovate and compete on both a regional and global level, making infrastructure a priority.

7 123.36 GB per second

Trends show that Kenya is on its way to being able to embrace the cloud. This year, total undersea bandwidth capacity increased by 14% from the last quarter of 2019 to the first quarter of 2020. The latest report shows that it is at 7 123.36 GB per second; this increased demand for bandwidth capacity is what will enable Africans to access all of the potential benefits of the cloud, and we are likely to see greater demand for additional IT infrastructure to accommodate the uptake.

38%

According to the Cloud in Africa 2020 report, 38% of decision-makers across Africa increased their spend on cloud services in 2019. This is good news for Africa! It shows that African business leaders realise how important the cloud is going to be for the future of their companies and they are investing in the technology now so that they will be ready to meet the demand for and provide innovative cloud-enabled services. Because the cloud also enables resource and process efficiencies, more businesses investing in the cloud also means that we can look forward to more competitive African organisations in the future.

6 in 10

Thats how many South African companies experienced a public cloud security incident in the past 12 months, based on survey data from cybersecurity company, Sophos. On Kenyan soil, the National KE-CIRT/CC detected 34.6 million cyber threat events during the first quarter of 2020. This reinforces the need for well-secured cloud services in Africa.

With so much at stake, business owners cannot afford mission-critical company information to fall into the wrong hands. Whats needed is better education around online security and cloud partners with the skills to guide businesses on best practice.

Increased Internet infrastructure, increased demand for bandwidth, and increased Internet penetration in Kenya are signs that the future could be bright for the cloud in Africa. Not much is certain in the current economic climate, but trends show that these numbers will continue to increase in Africa and across the globe.

If the right investments are made to bolster infrastructure and bandwidth over the next 5 years, Africa will be in a prime position to extract efficiencies and realise the innovation that the cloud enables.

By Francis Wainaina, Senior Product Manager for East Africa at SEACOM

Edited by Jenna DelportFollowJenna Delporton TwitterFollowIT News Africaon Twitter

Vulnerabilities in HashiCorp Vault could lead to authentication bypass – The Daily Swig

October 8, 2020 | Author: admin

Jessica Haworth08 October 2020 at 10:50 UTC Updated: 08 October 2020 at 10:59 UTC

Software could expose users secrets when configured with AWS and Google Cloud

Two vulnerabilities in HashiCorp Vault could allow an attacker to bypass authentication checks in Amazon Web Services (AWS) and Google Cloud Platform (GCP) configurations.

HashiCorp Vault is a widely used cloud-native software that can store, generate, and access secrets such as API keys, credentials, and certificates.

The technology can provide temporary credentials to services or third-party resources such as an AWS S3 bucket, explains Felix Wilhelm of Googles Project Zero in a blog post.

However, a central storage is also a very interesting target for an attacker. Exploiting a vulnerability in Vault could give an attacker full access to a wide range of important secrets and large parts of the target's infrastructure, the post reads.

HashiCorp Vault can be configured with popular resources including AWS and GCP.

Wilhelm detailed how two vulnerabilities in the secrets management software could lead to authentication bypass in configurations that use both AWS and GCP.

The first vulnerability enables an attacker to bypass authentication within the HashiCorp Vault Server for configurations with AWS.

The second vulnerability is a complex logic bug in the authentication process for deployments on Google Cloud.

Since the server shares the same code for two different authentication methods, the author is able to bypass authentication by tampering with the request parameters.

More details about the process can be found in the blog post.

Wilhelm said these vulnerabilities highlight the pitfalls of interacting with external systems and services.

The researcher wrote: A strong developer might be able to reason about all security boundaries, requirements and pitfalls of their own software, but it becomes very difficult once a complex external service comes into play.

Modern cloud IAM solutions are powerful and often more secure than comparable on-premise solutions, but they come with their own security pitfalls and a high implementation complexity.

As more and more companies move to the big cloud providers, familiarity with these technology stacks will become a key skill for security engineers and researchers and it is safe to assume that there will be a lot of similar issues in the next few years.

Wilhelm added: Even with memory-safe languages, strong cryptography primitives, static analysis and large fuzzing infrastructure, some issues can only be discovered by manual code review and an attacker mindset.

The security issues outlined in Google Zeros latest technical write-up have all been patched by the respective vendors.

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Vulnerabilities in HashiCorp Vault could lead to authentication bypass - The Daily Swig

Corporate payments without corporate cards – ThePaypers – The Paypers

October 8, 2020 | Author: admin

As the pandemic is forcing people to work from home, corporate financial infrastructures are rapidly changing. The implications of this could be radical and long-lasting, so Mesh is working to create solutions for the new corporate environment. We sat down with Oded Zehavi, founder and CEO of Mesh, to discuss the future of corporate payments without corporate cards.

How has the pandemic impacted the use of corporate cards? Do you think these changes will continue after the pandemic has subsided?

The pandemic amplified many of the challenges that corporate cards posed to corporate payments. In a working from home environment and the shift to different types of employment, the traditional corporate card that was created to service trusted executives, mostly for travel and entertainment expenses, failed to meet the growing needs of the distributed organisations to pay for necessary goods and services, ranging from mission-critical SaaS subscription payments to simple office supplies for a remote contractor.

In a statement by Marc Benioff, CEO of Salesforce, he mentioned that the future of work is a work anywhere, live anywhere environment thats all digital. There is no turning back. Companies will not go back to operating as they did before the pandemic, as they have had to evolve to suit the new normal. This is even more applicable for corporate payments as corporate cards are not built for this type of environment and are fast becoming obsolete.

Are these new issues or were some of these problems present before the pandemic?

The pandemic intensified existing trends such as remote working, new types of employment, and growth in cloud services instead of on-premise systems. For many years, businesses were postponing digital transformation. The pandemic accelerated the process, forcing businesses to shift from paper and invoice-based payments to more electronic formats. Sophisticated use of virtual cards has been at the forefront of some of the fastest growing payment innovations since COVID-19. This combined with the rise of digital wallets such as ApplePay and GooglePay is driving the inception of a new era for corporate payments as we know it.

What solutions have been developed to fix these issues? Could you elaborate on the cardless SaaS solution, for example?

The core of the Mesh innovation enables real-time orchestration of inter-company payments communication that drives the creation of corporate payments with full control and visibility to both the financial teams and employees. Mesh also adds a unique layer that enables assurance for SaaS subscription payments removing the risks due to payment errors or fraud, ensuring that critical SaaS services (such as mail servers, cloud servers, domain renewals etc.) will not be stopped. Last but not least, with the sophisticated AI based payments intelligence, companies will benefit from significant cost reductions and improved cash flow.

Do you think this could be the end for corporate cards? What would that future look like?

Less than 10 years ago, organisations were banking on walled gardens and what is today, outdated Blackberry phones. For many executives, the Blackberry became a status symbol, a must-have in every successful executives pocket. The corporate card is no different in this regard.

Businesses are finding it increasingly challenging to align and control decentralised corporate spending, but they are also realising that corporate cards pose a major business continuity risk. All it takes to interrupt a businesss mission-critical services is their bank flagging a suspicious transaction and suspending their corporate card.

We envision the future of corporates to be cardless. With Mesh, organisations can replace their existing corporate card infrastructure with our digital, cardless payments solution.

About Oded Zehavi

Oded Zehavi is the Founder & CEO of Mesh Payments and board and advisory board member of several Israeli fintech companies. Previously, he served as Payoneer's Chief Revenue Officer. Prior to Payoneer, Oded served as the business development director for PayPal, where among other responsibilities he led the inception of the PayPal services in the Middle East and Africa. He also held leadership roles at several technology, banking, and software companies, focusing on sales and customer relations.

About Mesh Payments

Mesh Payments is disrupting the corporate payments space with its cardless payments solution. Cardless organisations enjoy full visibility, control, and in-depth payment intelligence to better orchestrate, manage, reconcile, and reduce spend while preventing payment failures and assuring business continuity. Redefining corporate payments, without corporate cards. For further information visit: https://meshpayments.com/

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Corporate payments without corporate cards - ThePaypers - The Paypers

Leaseweb Global Expands Veeam Backup Integration to Global Entities – HostReview.com

October 8, 2020 | Author: admin

13:19:15 - 08 October 2020

MANASSAS, Va. (PRWEB) - Leaseweb Global, a leading hosting and cloud services provider, today announced the integration of Veeam-powered solutions with its Leaseweb Cloud Services. Veeam is the leader in Backup solutions that deliver Cloud Data Management. The new services are available in several Leaseweb locations across the globe: Amsterdam-1 and Amsterdam-2, London, Frankfurt, and will be available in Washington, D.C. before the end of the year. Organizations that trust Leaseweb to help them expand internationally are now able to enter into different regions knowing they have Veeams industry-leading solutions integrated with their Leaseweb cloud services.

This announcement comes on the heels of the recent market introduction of Leaseweb Cloud Connect, and further demonstrates the companys commitment to continued investment in its cloud portfolio. This announcement is in direct response to customer requests for cloud services to be accessible at each of their global entities.

Leaseweb and Veeam first partnered in 2018, when Leaseweb launched its Backup-as-a-Service offering at its first cloud data center facility in Amsterdam. Over that period, Leaseweb has grown its cloud services through a strong commitment to increasing and improving its high-performing cloud services while continuing to offer them at competitive pricing.

Through the success and growth of Leasewebs cloud offerings, the company learned its customers wanted to extend the deployment of these same services into their global offices to ensure both close proximity to their customers while also maintaining full controls of the data. Moreover, companies seeking to grow internationally requested that these solutions be available in additional strategic markets. The expansion of the partnership means that the service is now more widely available across Leasewebs network of entitieswith more locations planned for 2021.

One current market trend is the expansion of the as-a-service model. This is due to companies increasingly moving towards cloud solutions be it private, public, or hybrid-or-multi cloud, observed Gonzalo de la Rocha, product manager at Leaseweb Global. The current global situation is a challenge for many companies. Most are feeling the need to both become more efficient while taking on the extra project of moving workloads to cloud models. At the same time, this large amount of data being moved to the cloud requires a leading technology to be properly managed and protected in terms of security and resiliency. Veeam allows us to offer the resiliency and control our customers need, available with no entry fees and under competitive OPEX models.

As a leader for data center backup and recovery solutions and majority market share holder, Veeam was the obvious partner choice for Leaseweba company which is devoted to helping organizations scale their businesses reliably and effectively. Veeam is a 100% channel-focused business and its customer-satisfaction scores are the highest in the industry at 3.5x the average with proven capabilities through upwards of 375,000 global customers.

This expansion of our Leaseweb partnership into new territories is taking place at a time when organizations need to guarantee the protection and management of their data more than ever before, commented Bert van Meel, senior territory manager, Cloud, Benelux, Veeam. Despite the circumstances, companies are continuing their digital transformation initiatives and have experienced the criticality of deploying cloud serviceswhich includes data protection through reliable and expedient backup services. We are pleased to partner with an organization so committed to its customers success.

For additional information, please visit Leaseweb Cloud Compute.

About Leaseweb Leaseweb is a leading Infrastructure as a Service (IaaS) provider serving a worldwide portfolio of 18,000 customers ranging from SMBs to Enterprises. Services include Public Cloud, Private Cloud, Dedicated Servers, Colocation, Content Delivery Network, and Cyber Security Services supported by exceptional customer service and technical support. With more than 80,000 servers under management, Leaseweb has provided infrastructure for mission-critical websites, Internet applications, email servers, security, and storage services since 1997. The company operates 20 data centers in locations across Europe, Asia, Australia and North America, all of which are backed by a superior worldwide network with a total capacity of more than 10 Tbps. Leaseweb offers services through its various subsidiaries, which are Leaseweb Netherlands B.V. (Leaseweb Netherlands), Leaseweb USA, Inc. (Leaseweb USA), Leaseweb Asia Pacific PTE. LTD (Leaseweb Asia), Leaseweb CDN B.V. (Leaseweb CDN), Leaseweb Deutschland GmbH (Leaseweb Germany), Leaseweb Australia Ltd. and Leaseweb UK Ltd. For more information visit: http://www.leaseweb.com

What is Google Cloud certification and should I get it? – Android Authority

October 8, 2020 | Author: admin

Google Cloud certification demonstrates an individuals proficiency using Google Cloud technologies. It shows that a service provider or prospective employee can maintain and implement Google Cloud services and products into a companys workflow. These skills are highly sought after and may lead to improved job prospects and salary.

To learn more about Google Cloud certification, keep reading!

Google Cloud, or Google Cloud Platform (GCP), is a cloud platform or Infrastructure as a Service (IaaS). As such, GCP offers a broad range of services and products that businesses can use to improve the products and services they provide to clients and end-users.

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Smart Home Cloud Platform Market is anticipated to exhibit an impressive CAGR of around 17% during 2020 to 2030, Reports PMR – PRNewswire

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Vulnerabilities in HashiCorp Vault could lead to authentication bypass – The Daily Swig

Corporate payments without corporate cards – ThePaypers – The Paypers

Leaseweb Global Expands Veeam Backup Integration to Global Entities – HostReview.com

What is Google Cloud certification and should I get it? – Android Authority

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