Page 3,471«..1020..3,4703,4713,4723,473..3,4803,490..»

What serverless computing enthusiasts like about serverless, and how they use it – ZDNet

What are serverless computing's most enthusiastic users getting out of the technology, and how are they getting there? They appreciate the ability to implement event-driven architecture, and to support their API deployments. However, they wish serverless had more portability, and would like to have greater local control of features and debugging tools.

These are some of the takeaways from the currentServerless Community Survey, coordinated by the tirelessJeremy Daly, hosted and posted on the GitHub site. In serverless computing, all back-end work such as scaling, capacity planning and maintenance operations is handled in an automated fashion, typically by a public cloud provider, so, in theory, all a developer has to worry about is writing or integrating code for the business problem. Of course, one can argue that the term "serverless" is off, since there is always a server somewhere doing something, but that's another discussion.

By its very nature, this survey is conducted among a self-selected group of serverless proponents, so its focus is on trends and preferences among those already well-ensconced within the serverless world. Accordingly, when asked about the maturity of their serverless efforts, 40% of the 582 respondents indicate their maturity level was "high," that they are "all in on serverless." Another 22% report their embrace is "medium," that they are "transitioning to serverless."

Amazon Web Services emerges as the far-and-away front-runner in this space, cited by 72% as their public cloud computing choice. Microsoft Azure follows at 18%, and Google Cloud Platform with 13%. Accordingly, 61% report employing AWS Lambda for Function as a Service, or FaaS, which, along with managed services, form the core of serverless. Another nine percent use Azure Functions.

The most positive aspect of serverless technology is its ability to enable deployment of event-driven architectures, as cited by 28% of respondents. Lowered cost of resources to build and support applications follows with 21%, as does the ability to quickly scale applications as needed (21%). The main issue respondents have with the technology is a relative lack of portability, cited by 23%. When asked to write in the features they feel are missing from today's serverless offerings, IT professionals provided a long wish list. The missing features leading the list include best practices, better debugging, cold-start management, greater ease of use, local development, and greater monitoring.

If anyone is wondering if serverless computing can be supported within private clouds, this survey puts to rest any of those lingering thoughts. Serverless is clearly a public cloud play. Close to half of those responding to the question on public versus private, 46%, report that a majority of their production workloads utilize serverless (either through FaaS or managed services) in a public cloud environment, but barely five percent indicate this is the case with on-premises environments. A majority, 73%, report absolutely no serverless workloads even touch their internal infrastructures.

The serverless proponents in this survey are a very busy and prolific bunch. Close to one-third of those responding to the question of volume, 29%, say they now have more than 100 serverless functions in production. The sweet spot, however, is still in the sub-100 range: 26% have between 11 to 50 serverless functions now running in production, and 21% have 50 to 100 instances.

While serverless is being applied to both greenfield and brownfield applications, IT professionals are more inclined to leave their existing legacy applications go for now, the survey also shows. Seventy-five percent answering this question say it is "very likely" their organizations will be building a greenfield serverless application in the next 12 months, versus 34% indicating this is the case for their brownfield applications.

Deploying REST APIs is cited as the most prevalent use case for serverless computing, as seen among close to half of respondents to the survey (47%). Supporting business logic is cited by 33%, as is single-page applications. Another 31% deploy serverless in support of their DevOps initiatives.

Survey data is available for download from the site as an Excel spreadsheet or in CSV format.

See the article here:
What serverless computing enthusiasts like about serverless, and how they use it - ZDNet

Read More..

Bennett University offers BCA Program focussed on Data science and Cloud computing skills – Times of India

World is experiencing changes across various facets of life personal and professional, at a speed never seen before. Everywhere we look we see that technology seems to be involved in most of our day to day activities. In such a scenario it becomes more important than ever to prepare the students for the future of work and fulfil their passion to excel in developing cutting edge computer applications. Bennett University believes that it can help many such aspiring students in moving ahead on the path of making their dreams come true. Hence the university has launched the Bachelors in Computer Application (BCA) Program with specializations in the most sought after fields BCA (Data Science) and BCA (Cloud Computing & Cyber Security), from the Academic year 2020-21.

Students will be doing three certifications out of Cloud Computing, Cybersecurity, Data Science. Web Technologies and Artificial Intelligence. With one certification each year, students will be ready to jump to work for the industry without any additional training requirements from the Industry.

Key focus of the program will be Industry ready curriculum with special focus on Futuristic technologies combined with core skills. Lot of emphasis is being given to change the adoption curve of new technologies, so that students can match with the skills required by the employers. Bennett University aims to be the educating and equipping students to become the Most preferred potential employees for any corporate.

The key to choosing these specializations and the skills that they will give to the students is that these skills are not just limited to IT industry, when it comes to work or jobs. Every company or industry that deals with Data now or in the future will always need the experts in Data Science to churn their data to give the critical insights that would define and re-define the businesses.

Similarly as we look around every or any corporate or industry seems to be moving to usage of Cloud storage and thus every company or industry that has IT usage will need experts in the field of Cloud technology and Cyber Security because where there is huge amounts of data there is always the risk of security of the Data. Data is the true treasure of any company or Industry and hence Data security is Critical.

Early adoption of technology will be one of the key Mantra which is being facilitated through Professional Certifications which has been integrated with the regular curriculum. Computer Science and Engineering Department is known for its world class faculty and enabling dream jobs for the students. Industry and Corporates have set up various Center of Excellence in Bennett University, which makes it a landmark for prospective students. University has established Center of Excellence in Artificial Intelligence, Data Science, Robotics and Automation, Cybersecurity to name a few. Customized trainings, workshops, hackathons, competitions, student clubs and CXO series gives a definitive edge to the overall personality of the student to flourish in their careers.

Customized skills will be the defining characteristics of the program, which means that every student matters to us and can have flexibility in choosing the electives as per her / his passion.

Disclaimer: Content Produced by Bennett University

Visit link:
Bennett University offers BCA Program focussed on Data science and Cloud computing skills - Times of India

Read More..

Google Launches the First NVIDIA Ampere A100 GPUs in the Cloud with Computing Engine A2 VMs – InfoQ.com

In a recent blog post, Google announced the introduction of the Accelerator-Optimized VM (A2) family on Google Compute Engine, based on the NVIDIA Ampere A100 Tensor Core GPU. A2 provides up to 16 GPUs in a single VM and is the first A100-based offering in the public cloud.

Google designed the A2-family of VMs to boost training and inference computing performance for its customers. The A2 features the NVIDIA A-100 Tensor Core graphics processing unit based upthe newly NVIDIA Ampere architecture. According to the blog post, the A-100 offers up to 20 times the compute performance compared to the previous generation GPU, and comes with 40 GB of high performance HBM2 GPU memory. Also, A2 VMs come with up to 96 Intel Cascade Lake vCPUs, optional Local SSDs for workloads requiring faster data feeds to GPUs and up to 100 Gbps of networking.

When customers have more demanding workloads, the A2 offers the a2-megagpu-16g instance with 16 A100 GPUs, which include a total of 640 GB of GPU memory, 1.3 TB of system memory and all-in-all connected through NVSwitch with up to 9.6TB/s of aggregate bandwidth.

Source: https://cloud.google.com/blog/products/compute/announcing-google-cloud-a2-vm-family-based-on-nvidia-a100-gpu

Note that A2 also offers smaller configurations allowing customers to match their need for GPU compute power. Customers can choose between five configurations, from one to 16 GPUs, with two different CPU- and networking-to-GPU ratios - each GPU to be partitioned into as many as seven GPU instances, owing to Amperes multi-instance group (MIG) capability.

Ian Buck, general managerand vice president of Accelerated Computing at NVIDIA, wrote in a recent company blog post about the availability of the A-100 on GCP:

In cloud data centers, A100 can power a broad range of compute-intensive applications, including AI training and inference, data analytics, scientific computing, genomics, edge video analytics, 5G services, and more.

With the A2 family, VMs Google further expands its portfolio of predefined and custom VMs ranging from compute- to accelerator optimized machines. Moreover, the company continues to compete with other cloud vendors such as Microsoft, which recently released new general purpose and memory-optimized VM families on various Intel Chipsets (AVX-512) and AWS, which recently released EC2 Inf1 instances based on its Inferentia chips. Many of these new VM types are targeted for customers with AI and Machine Learning workloads.

Holger Mueller, principal analyst and vice president at Constellation Research Inc., told InfoQ:

The battle for cloud leadership is primarily fought in the AI battle, and that is all about getting the AI load of enterprises attracted to each vendor's cloud. In the middle are platform vendors like NVidia, that providea cross-cloud platform and on-premise option. So with Google bringing the newest Nvidia platform to its Google Cloud, it makes it easier for CxOs to move AI workloads across on-premises and to the (Google) cloud.

Also, he said:

With Google being the #3 vendor, it has to be more open and more creative at attracting load - and this is another example of the Google strategy. In contrast, the larger AWS and Azure strategy is still to move to cloud proprietary compute architectures for AI loads. CxOs need to be awarethat lock-in is still a desirable outcome for most technology vendors and needs to balance the risks between convenience, speed and lock-in.

Currently, the A2 VM family is in alpha, and customers can request access by signing up. Moreover, Google states that public availability and pricing information will come later in the year. And finally, the company also announced forthcoming Nvidia A100 support for Google Kubernetes Engine, Cloud AI Platform, and other services.

Excerpt from:
Google Launches the First NVIDIA Ampere A100 GPUs in the Cloud with Computing Engine A2 VMs - InfoQ.com

Read More..

64 Decentralized Applications Now Live on Blockchain Network Ontology, which Recently Became Google Cloud Partner – Crowdfund Insider

In June 2020, the Ontology (ONT) team celebrated two years since the launch of the Ontology mainnet, which aims to serve as a high-performance enterprise blockchain or distributed ledger technology (DLT) platform.

Last month, the blockchain developers also launched Ontology 2.0, which involved the integration of several key upgrades recommended by the DLT networks active community members.

The Ontology team noted:

Guaranteeing the future development and success of our ecosystem remains our number one priority and we want to make it as easy as possible for every individual to get involved in our network. This is why our new staking model, rolled out on 7th July, lowers the barrier for entry for users to stake their tokens and run a node.

Staking ONT tokens helps with securing the Ontology network. It also offers competitive rates (of return) which presently range from 7% up to 40% APY depending on the node. The Ontology developers claim that their rates are relatively high when compared to competing public chain staking yields and decentralized finance (DeFi) yields.

(For more details about staking ONT tokens and the benefits it offers to individual users, check here.)

As confirmed in Ontologys Weekly Report, for July 8 to July 14, 2020, the projects developers are working on layer 2 research for Ontologys back-end.

The progress report revealed that there are now 64 decentralized applications (dApps) that are live on Ontology. However, most of these apps hardly have any active users and dont offer very many useful features or use cases.

Ontology recently announced that it became an official Google Cloud partner, as three Ontology projects were reportedly accepted to Googles Cloud Partner Program.

As noted by the Ontology team:

The program will see the Ontology development team granted unique access to cutting-edge tools and technology, while also leveraging the support of the wider Google Cloud Partner ecosystem. Three of Ontologys projects have been accepted into the Google Cloud ecosystem, outlining new, innovative ways that Ontology has been working to integrate Googles cloud computing services.

Andy Ji, Co-founder of Ontology stated:

Collaborating with Google Cloud offers us the opportunity to demonstrate the real-world business value of integrating blockchain technology with other technological disciplines such as cloud computing, which is a vital step in bringing blockchain to mainstream use.

Go here to see the original:
64 Decentralized Applications Now Live on Blockchain Network Ontology, which Recently Became Google Cloud Partner - Crowdfund Insider

Read More..

Meet Gaia X Europe’s answer to the power of U.S. and Chinese cloud giants – CNBC

Peter Altmaier (CDU), Federal Minister of Economics and Energy, speaks at the virtual Gaia-X expert forum of the Federal Ministry of Economics.

picture alliance

The two biggest economies in the European Union hope they have an answer to the domination enjoyed by American and Chinese companies in the cloud computing industry: Gaia X

Amazon, Microsoft, Google and Alibaba are the four main players globally when it comes to cloud services. However, European policymakers have grown anxious about their dependence on a small number of major tech companies, which aren't European.

That has been the case in particular since the United States enacted a law in 2018 that compels U.S. firms to hand in data to American authorities, even if the latter is stored elsewhere in the world. Germany and France have concerns that the data of European citizens is at risk.

"Gaia X is a two-fold approach to a problem we face in Europe and a problem that every company in the world faces right now," Marco-Alexander Breit, head of Task Force Artificial Intelligence at the German economy ministry, told CNBC's "Beyond the Valley" podcast.

"We combine infrastructure services like data storage, data processing in Europe, but it is open for participation even for companies that are not from European origin, as long as they stick to our rules and adhere to our standards," said Breit, who heads the Gaia X project in Germany.

It is about realizing that relying too much maybe on external players, whether they are American or Chinese or from anywhere else, is not great in the new economy...

Dexter Thillien

senior industry analyst, Fitch Solutions

The Franco-German project, born in 2018, aims to provide a secure infrastructure for data, while simultaneously allowing companies to move data across borders. Its overarching principle is to enable European nations to become digitally sovereign a concept that has gained traction in recent years and could prove challenging for the traditional tech giants.

It's a "first step toward a broader ambition," said Dexter Thillien, senior industry analyst at Fitch Solutions.

"It is about realizing that relying too much maybe on external players, whether they are American or Chinese or from anywhere else, is not great in the new economy where data is going to be more important, and you need a European alternative," he added.

More than 300 organizations worldwide are involved with the project so far, including Orange, Deutsche Telekom and SAP. The goal is to launch the infrastructure in late 2020 or early 2021.

Gaia X would, for instance, give health care providers the ability to exchange data and algorithms in a safe way with other hospitals in their proximity. That could in turn help with emergency transplants and other life-threatening conditions.

However, the initiative has to become more attractive than the big players if it wants to succeed, Thillien said.

"It is not going to be easy for that product to find its place," he said, citing budget and technical constraints.

The annual budget for Gaia X is 1.5 million euros ($1.7 million).

Nonetheless, Breit said he believes those seemingly limited financial resources "are not important."

"The X framework and the X entity has only the responsibilities to make the ecosystem work, to negotiate the standards, to negotiate the rules, and to provide standardized IPs for example to make the software run," he said, adding that the major advancements in artificial intelligence would remain a task for the big tech companies themselves.

IP, or internet protocol, refers to a set of rules that facilitates the movement of data across networks. There are varying IP standards.

Read the original here:
Meet Gaia X Europe's answer to the power of U.S. and Chinese cloud giants - CNBC

Read More..

IBM strikes multi-year alliance with EY; one goal is to boost Red Hat cloud – WRAL Tech Wire

RESEARCH TRIANGLE PARK Fresh off a partnership agreement with Verizon to push edge computing, 5G and more, Big Blue also has signed a deal with global professional services firm EY. A major goal is to help customers speed up digital transformation and also utilize Red Hat OpenShift in hybrid cloud computing.

NotedArvind Krishna, IBMs Chief Executive Officer:

Expanding this global alliance bolsters our ability to bring our hybrid cloud and AI capabilities to clients. The EY organization is a leader in driving large and complex client transformations. Combining EY teams breadth of industry and regulatory knowledge, technology capabilities and longstanding strategy and business consulting leadership, with IBMs powerful technology and Red Hat OpenShifts open hybrid cloud portfolio, will play a key role in accelerating our clients journeys to the cloud.

COVID-19 is driving IBM, IT industry to deliver faster edge computing

Financial terms were not disclosed.

The deal was announced Friday.

Carmine Di Sibio, EY Global Chairman and CEO, said the partnership is built on providing differentiating and transformational business value for clients. As organizations learn how to adapt to todays new normal, leveraging the cloud, AI, analytics and other technologies have become increasingly important. IBM is a proven leader in hybrid cloud and AI, and together were developing innovative solutions to help provide the sustainability and resiliency that assist clients to operate and lead today, and in the years to come, as they reframe their future amidst an unpredictable and rapidly evolving environment.

According to the announcement:

IBM owns Raleigh-based Red Hat and employs several thousand people across North Carolina.

IBM, Verizon team up for 5G effort aiming to accelerate business solutions

See more here:
IBM strikes multi-year alliance with EY; one goal is to boost Red Hat cloud - WRAL Tech Wire

Read More..

SaaS Cloud Computing Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 – 3rd…

New Jersey, United States,- Latest update on SaaS Cloud Computing Market Analysis report published with extensive market research, SaaS Cloud Computing Market growth analysis, and forecast by 2026. this report is highly predictive as it holds the overall market analysis of topmost companies into the SaaS Cloud Computing industry. With the classified SaaS Cloud Computing market research based on various growing regions, this report provides leading players portfolio along with sales, growth, market share, and so on.

The research report of the SaaS Cloud Computing market is predicted to accrue a significant remuneration portfolio by the end of the predicted time period. It includes parameters with respect to the SaaS Cloud Computing market dynamics incorporating varied driving forces affecting the commercialization graph of this business vertical and risks prevailing in the sphere. In addition, it also speaks about the SaaS Cloud Computing Market growth opportunities in the industry.

SaaS Cloud Computing Market Report covers the manufacturers data, including shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including SaaS Cloud Computing market size, volume and value, as well as price data.

SaaS Cloud Computing Market competition by top Manufacturers:

SaaS Cloud Computing Market Classification by Types:

SaaS Cloud Computing Market Size by End-user Application:

Listing a few pointers from the report:

The objective of the SaaS Cloud Computing Market Report:

Cataloging the competitive terrain of the SaaS Cloud Computing market:

Unveiling the geographical penetration of the SaaS Cloud Computing market:

The report of the SaaS Cloud Computing market is an in-depth analysis of the business vertical projected to record a commendable annual growth rate over the estimated time period. It also comprises of a precise evaluation of the dynamics related to this marketplace. The purpose of the SaaS Cloud Computing Market report is to provide important information related to the industry deliverables such as market size, valuation forecast, sales volume, etc.

Major Highlights from Table of contents are listed below for quick lookup into SaaS Cloud Computing Market report

About Us:

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry.

Contact Us:

Mr. Steven Fernandes

Market Research Intellect

New Jersey ( USA )

Tel: +1-650-781-4080

More:
SaaS Cloud Computing Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 - 3rd...

Read More..

COVID-19 Update: Global CLOUD COMPUTING IN RETAIL BANKING Market is Expected to Grow at a Healthy CAGR with top players China Unicom, Intuit, IBM,…

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the CLOUD COMPUTING IN RETAIL BANKINGMarket which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for CLOUD COMPUTING IN RETAIL BANKING Market Players to battle Covid-19 Impact.

The CLOUD COMPUTING IN RETAIL BANKINGMarket report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. The research report gives the potential headway openings that prevails in the global market. It offers detailed research and analysis of key aspects of the CLOUD COMPUTING IN RETAIL BANKING market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the CLOUD COMPUTING IN RETAIL BANKING market. Moreover, the report gives nitty gritty data on different manufacturers, region, and products which are important to totally understanding the market.

Key Companies/Manufacturers operating in the global CLOUD COMPUTING IN RETAIL BANKING market include:China Unicom, Intuit, IBM, Amazon Web Services (AWS), Ellie Mae, Infosys, Ucloud, Veeva Systems, SAP, Bankinter, BBVA, Huawei, Microsoft, TCS, China Telecom, Salesforce, Medidata, Alibaba, Kingsoft, Intel, Google, Wipro, Workday, Oracle and More

Get PDF Sample Report With Full TOC, List of Tables & Figures, Chart @ https://www.marketinforeports.com/Market-Reports/Request-Sample/112366

Our Complimentary Sample CLOUD COMPUTING IN RETAIL BANKING market Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

Each region is exhaustively researched about so that players can use the analysis to tap into unexplored markets and plan powerful strategies to gain a foothold in lucrative markets. The regional analysis section of the report offers a extensive analysis of the global CLOUD COMPUTING IN RETAIL BANKING market on the basis of region. The global CLOUD COMPUTING IN RETAIL BANKING market will showcase a steadyCAGR in the forecast year 2020 to 2026.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:Infrastructure as a Service (IaaS)Platform as a Service (PaaS)Software as a Service (SaaS)On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of CLOUD COMPUTING IN RETAIL BANKING for each application, including:PersonalFamilySmall and Medium-Sized Enterprises (SMES)

To get Incredible Discounts on this Premium Report, Click Here @ https://www.marketinforeports.com/Market-Reports/Request_discount/112366

Regions Covered in the Global CLOUD COMPUTING IN RETAIL BANKING Market: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Years Considered to Estimate the CLOUD COMPUTING IN RETAIL BANKING Market Size:History Year: 2015-2019Base Year: 2019Estimated Year: 2020Forecast Year: 2020-2026

Key questions answered in the report:

For More Information:https://www.marketinforeports.com/Market-Reports/112366/CLOUD-COMPUTING-IN-RETAIL-BANKING-market

Customization of the Report:Market Info Reports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Get Customization of the [emailprotected]:https://www.marketinforeports.com/Market-Reports/Request-Customization/112366/CLOUD-COMPUTING-IN-RETAIL-BANKING-market

Contact Us:Mr. Marcus KelCall: +1 915 229 3004 (U.S)+44 7452 242832 (U.K)Email: [emailprotected]nforeports.comWebsite: http://www.marketinforeports.com

Read more from the original source:
COVID-19 Update: Global CLOUD COMPUTING IN RETAIL BANKING Market is Expected to Grow at a Healthy CAGR with top players China Unicom, Intuit, IBM,...

Read More..

Multi-cloud environments: Explore the pros and cons – TechTarget

The one-size-fits-all cloud model is no longer feasible for most enterprises. They want to optimize overall performance and application agility, while cutting cost and bolstering security -- and many organizations are turning to a multi-cloud strategy to do so.

Multi-cloud computing boasts a number of intriguing advantages, as well as notable drawbacks that users must weigh before adopting this type of architecture. Daryl Plummer, VP and distinguished analyst at Gartner, is a believer in the multi-cloud movement.

"Multi-cloud is necessary, and I believe multi-cloud will get better and better," he said. "There's a lot of great things going on [in the cloud market] despite the potential problems people might run into."

But before organizations go all in on multi-cloud, they must evaluate every aspect of this architecture -- good and bad -- so they know whether to implement this cloud strategy.

Organizations want it all -- flexibility, scalability, and cost and performance optimization. Multi-cloud can often address those demands better than on-premises infrastructure or single-cloud computing.

Plummer attributes three main advantages to this type of cloud infrastructure.

Different cloud providers have different strengths. This can be limiting when you use a single provider, but you can use it to your advantage with multi-cloud computing, Plummer said.

For example, Google Cloud is known for its containerization and AI services. "If you're in the Google developer ecosystem, then you've been in Kubernetes from the beginning -- because they basically came up with [the idea]. The same thing with AI, you get advantages by being associated with their particular ecosystem," said Plummer.

Developers who work with different clouds will have a deeper knowledge of each platform as well as earlier access to tools from those providers. Being up to date on offerings from multiple clouds enables users to optimize performance and management on all their clouds.

In order to attract and retain customers, cloud providers must compete on price, functionality, discounts, consulting and more. If an enterprise can viably use multiple clouds to create its cloud infrastructure, it has the power to negotiate and force vendors to compete for its business.

"Your ability to get the right deal for [your company] is measurably impacted by your willingness to work with different cloud providers."

Cloud providers must constantly evolve and expand their services and capabilities to remain competitive. And to attract new users, they often have to leapfrog their competitors to make it worth the effort to switch providers.

Your ability to get the right deal is measurably impacted by your willingness to work with different cloud providers. Daryl Plummer

If your enterprise wants to advance its IT capabilities in a continuous and seamless manner, it needs to take advantage of this vendor competition, while avoiding excess disruption, Plummer said.

Organizations can then create business value by utilizing the best of what's available across cloud platforms. "That turns into money [and] into new opportunity much quicker than you might imagine," Plummer said.

Multi-cloud is not the end-all, be-all of IT infrastructures. While it is a great choice for many organizations, it's not without its flaws. While acknowledging the benefits of multi-cloud, Plummer also highlights three drawbacks associated with this cloud strategy.

Deploying multiple clouds is complex. IT teams can struggle to configure services on one cloud, let alone configuring services on two or three clouds, Plummer said.

Multi-cloud architectures are not for everyone, especially if developers and administrators aren't prepared for the complicated management required by running more than one cloud.

It's a myth that organizations can uniformly optimize costs with a multi-cloud strategy. While it is possible, it is more complicated than you might think.

"If you do it across multiple cloud players, [you] usually wind up spending more initially, and it takes a lot longer to figure out how to optimize costs in that new model, even with better negotiation," Plummer said. This is not to say that if you adopt a multi-cloud strategy you won't be able to optimize your cost, but there is a learning curve to the process.

If you're overeager to go multi-cloud, you run the risk of picking the wrong clouds for your enterprise.

"If you think spending money, people and time to get deeply embedded in one cloud is hard, what if you pick the second or third one and it's the wrong one, so you have to pick and choose again?" Plummer said.

Enterprises do face a potential downside to cloud providers' constantly evolving platforms. Even if one cloud is a good choice for your workloads now, it doesn't necessarily mean it will continue to be.

Still, even if you pick the wrong cloud, it doesn't mean you should give up, Plummer said. A good multi-cloud strategy will involve some degree of trial and error as you try to identify the best fit for your organization.

More here:
Multi-cloud environments: Explore the pros and cons - TechTarget

Read More..

Leverage Mega-Trends With This ETF – ETF Trends

Multiple mega-trends are emerging as the technology sector rapidly evolves, but that can make it difficult for investors to which trends fit their portfolio needs. The ALPS Disruptive Technologies ETF (CBOE: DTEC) solves that conundrum by providing equal-weight exposure to 10 disruptive themes.

DTEC tracks the Indxx Disruptive Technologies Index, which identifies companies using disruptive technologies across ten thematic areas, including Healthcare Innovation, Internet of Things, Clean Energy and Smart Grid, Cloud Computing, Data and Analytics, FinTech, Robotics, and Artificial Intelligence, Cybersecurity, 3D Printing, and Mobile Payments.

Thats an effective methodology for investors that want the convenience of leveraging multiple disruptive themes under one umbrella and that could prove to be an ideal way of doing things in the current environment.

A number of megatrends are driving some of the better-performing themes and find a number of stocks that are likely to outperform, being exposed to multiple themes at the same time,SimonPowell, Jefferies equity strategist, said in a note.

Several of the themes favored by Jefferies are accessible via DTEC, including artificial intelligence, cloud computing, and fintech.

Artificial intelligence is increasingly being used in many sectors including health care, finance, and education, Jefferies said, reports CNBC.

Tech continues to thrive in a world fueled by innovation as Covid-19 continues to permeate into business processes. Financial technology is one of those areas that will see further strength and an industry that could scale up to $22.6 billion by 2025.

Fintech companies are shifting financial services and economic transactions to technology infrastructure platforms, ultimately revolutionizing financial services by creating simplicity and accessibility while driving down costs.

These companies also play an important part in the transformation of finance and banking or fintech, reports CNBC, citing Jefferies.

The cloud computing arms race isnt relegated to the tech giants like Google and Amazon. Organizations around the world are opening up their wallets and spending more on cloud computing technology to fortify their core businesses, resulting in record spending in 2019 and those spending records could be shattered this year, a theme DTEC is heavily levered to. The themes are benefiting DTEC as the fund is higher by 11.39% year-to-date.

Other technology funds to consider include the Technology Select Sector SPDR ETF (NYSEArca: XLK) and the Fidelity MSCI Information Technology Index ETF (FTEC).

For more on cornerstone strategies, visit our ETF Building Blocks Channel.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

Go here to see the original:
Leverage Mega-Trends With This ETF - ETF Trends

Read More..