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Deltec Bank, Bahamas – Quantum Computing Will bring Efficiency and Effectiveness and Cost Saving in Baking Sector – marketscreener.com

April 28, 2020 | Author: admin

When you add AI and machine learning capabilities to the mix, we could potentially develop pre-warning systems that detect fraud before it even happens.

As online banking grows it is becoming a hot target for cybercriminals around the world as they become ever more adept at cracking bank security. Now, banks are looking into the technology behind quantum computing as a potential solution to this threat as well as its many other benefits. Currently, the technology is still in development but it is expected to take over from traditional computing in the next five to ten years.

What is quantum computing?

With quantum computing, the amount of processing power available is far larger than even the fastest silicon chips in existence today. Rather than using the traditional 1 and 0 method of binary computer processing, quantum computing uses qubits. Utilizing the theory of quantum superposition, these provide a way of processing 1s and 0s simultaneously, increasing the speed of the computer by several orders of magnitude.

For example, in October 2019, Google's 'Sycamore' quantum computer solved an equation in 200 seconds that would have taken a normal supercomputer 10,000 years to complete. This gives you an idea of the power that we are talking about.

So how does this help the banking sector?

1. Fraud Detection

Fraud is quickly becoming the biggest threat to online banking and data security. Customers need to feel confident that their money and their personal information is kept secure and with data leaks happening more frequently, this problem must be addressed.

Quantum computing offers significant benefits in the fight against fraud, offering enough computing power to automatically and instantly detect patterns that are commonly associated with fraudulent activity. When you add AI and machine learning capabilities to the mix, we could potentially develop pre-warning systems that detect fraud before it even happens.

2. Quantum Cryptography

Cryptography is an area of science that has recently gained popularity. The technology has proven incredibly useful in helping to secure the blockchain networks.

Quantum cryptography takes this security to an entirely new level, particularly when applied to financial data. It provides the ability to store data in a theoretical state of constant flux, making it near impossible for hackers to read or steal.

However, it could also be used to easily crack existing cryptographic security methods. Currently, the strongest 2048-bit encryption would take normal computer ages to break in to, whereas a quantum computer could do it in a matter of seconds.

3. Distributed Keys

Distributed key generation (DKG) is already being used by many online platforms for increased protection against data interception. Now, quantum technology provides a new system known as Measurement-Device Independent Quantum Key Distribution (MKI-QKD) which secures communications to a level that even quantum computers can't hack.

The technology is already being investigated by several financial institutions, notably major Dutch bank ABN-AMRO for their online and mobile banking applications.

4. Trading and Data

Artificial intelligence, machine learning, and big data are all new technologies that are currently being tested enthusiastically by banks. However, one of the biggest pain points with these technologies is the amount of processing power required.

According to Deltec Bank - "Quantum computing could quickly accelerate this research past the testing level and provide instant solutions to many problems currently facing the banking world. Time-consuming activities like mortgage and loan approvals would become instant and high-frequency trading could become automated and near error-proof."

Banks that are looking into quantum

Many major banks around the world are already investigating the potential benefits of quantum computing.

UK banking giant Barclays has worked in conjunction with IBM to develop a proof-of-concept that utilizes quantum computing to settle transactions. When applied to trading, the concept could successfully complete massive amounts of complex trades in seconds.

Major US bank JPMorgan has also expressed an interest in the technology for its security and data processing abilities. The bank has tasked its senior engineer with creating a 'quantum culture' in the business and meeting fortnightly with scientists to explore developments in the field.

Banco Bilbao Vizcaya Argentaria (BBVA) is working with the Spanish National Research Council (CISC) to explore various applications of quantum computing. The team believes the technology could reduce risk and improve customer service.

Quantum Computing though still in an early stage will have a significant impact on the Banking sectors in years to come.

Disclaimer: The author of this text, Robin Trehan, has an Undergraduate degree in economics, Masters in international business and finance and MBA in electronic business. Trehan is Senior VP at Deltec International http://www.deltecbank.com. The views, thoughts, and opinions expressed in this text are solely the views of the author, and not necessarily reflecting the views of Deltec International Group, its subsidiaries and/or employees.

About Deltec Bank

Headquartered in The Bahamas, Deltec is an independent financial services group that delivers bespoke solutions to meet clients' unique needs. The Deltec group of companies includes Deltec Bank & Trust Limited, Deltec Fund Services Limited, and Deltec Investment Advisers Limited, Deltec Securities Ltd. and Long Cay Captive Management.

Media Contact

Company Name: Deltec International Group

Contact Person: Media Manager

Email: rtrehan@deltecial.com

Phone: 242 302 4100

Country: Bahamas

Website: https://www.deltecbank.com/

Source: http://www.abnewswire.com

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Deltec Bank, Bahamas - Quantum Computing Will bring Efficiency and Effectiveness and Cost Saving in Baking Sector - marketscreener.com

The world doesn’t want to pick between the U.S. and China – The Advocate

April 28, 2020 | Author: admin

Ishaan Tharoor, The Washington Post

The coronavirus pandemic has spiked tensions between China and the United States. In Washington, hard-line lawmakers in Congress are pushing punitive legislation against Beijing, while using their grievances over China's handling of the outbreak to justify a more sweeping transformation of the relationship between the world's two biggest economies.

Over the weekend, Sen. Tom Cotton, R-Ark., one of the most strident anti-Chinese voices on the Hill, argued that the thousands of Chinese students given visas to attend U.S. universities should be restricted from enrolling in science and technology programs. Instead, they should be allowed "to come here and study Shakespeare and the Federalist Papers, that's what they need to learn from America," Cotton said. "They don't need to learn quantum computing and artificial intelligence from America."

Chinese officials, meanwhile, keep stoking coronavirus counter-narratives. On Monday, the Twitter account of the Foreign Ministry spokesperson reiterated claims that the Trump administration is participating in a coverup and obscuring information about how the virus spread.

Also in a tweet, Hu Xijin, the editor in chief of the Global Times, an English-language state-run tabloid, argued that China is reckoning more responsibly with the virus than the United States, whose "ambitious politicians" are willing to risk the lives of the public by opening up the economy sooner than public health experts think wise.

Observers elsewhere are not impressed. China pursued "very authoritarian measures, while in the U.S., the virus was played down for a long time," German Foreign Minister Heiko Maas said in an interview earlier this month with Der Spiegel. "These are two extremes, neither of which can be a model for Europe."

Some European critics have bemoaned President Trump's divisive management of the crisis and abandonment of global leadership amid the pandemic. Nathalie Tocci, who advises E.U. foreign policy chief Josep Borrell, has likened this moment to the 1956 Suez crisis - an international standoff in Egypt that is remembered as an inflection point in Britain's decline as a global power. The 2020 pandemic may one day represent the same for the United States.

China, though, is hardly filling the void and may not want to - an argument often ignored in Washington, where an emerging bipartisan consensus casts Beijing as America's inexorable 21st-century great power competitor. "China has no desire to run the world in the way the Americans or the West have done," former Singaporean diplomat Kishore Mahbubani told the Asian Nikkei Review. "The Chinese are happy to play their part, but most of all want to take care of China."

That may be for the best given how Beijing's recent soft power outreach, particularly with medical aid, has run into controversies over the quality of supplies distributed. And its attempts this month to diplomatically strong-arm the European Union into suppressing an internal report that documented Beijing's disinformation campaigns in Europe have hardly won it any more sympathy.

No matter the talk of a new "Cold War," the pandemic is a reminder that, for much of the world, neither American supremacy nor a newfangled Pax Sinica hold much appeal.

True, for nationalists and populists elsewhere, China's fiscal clout and growing political muscle does provide a counterbalance to the liberal system once championed by Washington. "Leaders, and populists especially, now increasingly see partnership with the United States - once viewed as an indispensable pillar of foreign policy - and its Western allies as overly constraining," wrote scholars Alexander Cooley and Daniel Nexon in Foreign Policy. "For example, [the Philippines' Rodrigo] Duterte, [Turkey's Recep Tayyip] Erdogan, and [Hungary's Viktor] Orban all came to power in states that were fully integrated members of the U.S.-led security order. All three now point to potential security relations with Russia and China as providing the possibility of greater balance with, if not outright exit from, that order."

But even skeptics of the Pax Americana aren't eager to see it supplanted by the Chinese. "Like Beijing, the U.S. leveraged its pole position in the global economy, its military and industrial strengths, and its technological supremacy to build a world order that responded to its interests," Indian parliamentarian Jayant Sinha and Delhi-based scholar Samir Saran wrote in a piece that forecast a less free and open post-pandemic world. "There is, however, no equivalence between the two. U.S. society was largely open - individuals, communities and nations from around the world could engage, convince or petition its institutions; write in its media; and, often, participate in its politics. Its hegemony was constrained by a democratic society and conditioned by its electoral cycles."

There is consensus among many foreign policy experts that cooperation between the two countries is vital for the world's collective ability to deal with the coronavirus and prepare for future pandemics. But China and the United States, on their present course, are leading the world into a pandemic-fueled nationalist spiral.

"U.S.-China cooperation has been almost entirely absent during the early stages of this crisis, which now seems as likely to deepen the two nation's divisions as it is to bring them together," wrote James Crabtree in the Asian Nikkei Review. "The aftermath of the global financial crisis suggests countries facing recessions and anxious domestic populations also all too often resort to protectionism, worsening both their own economic circumstances and those of their neighbors."

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The world doesn't want to pick between the U.S. and China - The Advocate

Cloud Hosting Service Market Overview, Top Companies, Region, Application and Global Forecast by 2026 – Latest Herald

April 28, 2020 | Author: admin

Vultr

Global Cloud Hosting Service Market Segmentation

This market was divided into types, applications and regions. The growth of each segment provides an accurate calculation and forecast of sales by type and application in terms of volume and value for the period between 2020 and 2026. This analysis can help you develop your business by targeting niche markets. Market share data are available at global and regional levels. The regions covered by the report are North America, Europe, the Asia-Pacific region, the Middle East, and Africa and Latin America. Research analysts understand the competitive forces and provide competitive analysis for each competitor separately.

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Cloud Hosting Service Market Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Some Notable Report Offerings:

-> We will give you an assessment of the extent to which the market acquire commercial characteristics along with examples or instances of information that helps your assessment.

-> We will also support to identify standard/customary terms and conditions such as discounts, warranties, inspection, buyer financing, and acceptance for the Cloud Hosting Service industry.

-> We will further help you in finding any price ranges, pricing issues, and determination of price fluctuation of products in Cloud Hosting Service industry.

-> Furthermore, we will help you to identify any crucial trends to predict Cloud Hosting Service market growth rate up to 2026.

-> Lastly, the analyzed report will predict the general tendency for supply and demand in the Cloud Hosting Service market.

Have Any Query? Ask Our Expert@ https://www.marketresearchintellect.com/need-customization/?rid=180900&utm_source=LHN&utm_medium=888

Table of Contents:

Study Coverage: It includes study objectives, years considered for the research study, growth rate and Cloud Hosting Service market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Cloud Hosting Service market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

Cloud Hosting Service Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.

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, market value for regions and countries and trends that are pertinent to the industry.

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Tags: Cloud Hosting Service Market Size, Cloud Hosting Service Market Growth, Cloud Hosting Service Market Forecast, Cloud Hosting Service Market Analysis

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Cloud Hosting Service Market Overview, Top Companies, Region, Application and Global Forecast by 2026 - Latest Herald

Without cloud computing, businesses would now be in even deeper trouble – ZDNet

April 28, 2020 | Author: admin

CIOs have spent the past few years investing in cloud-based platforms and applications to help with the digital transformation of their businesses, and to allow their employees to connect to corporate systems from any device and on the move.

With hindsight, that commitment to cloud-enabled services is fortuitous to say the least. While the impact of coronavirus COVID-19 has already been devastating in human terms, the economic impact on many organisations would have been much greater if it wasn't for the huge investment by businesses in cloud computingthat has enabled many knowledge workers to switch rapidly to home working.

Organisations across the globe splashed out a record $107 billion on cloud-computing infrastructure servicesin 2019, up 37% from the previous year, according to analyst firm Canalys. Gartner predicts worldwide spending on public cloud services will grow 17% in 2020 to total $266.4 billion, up from $227.8 billion in 2019.

SEE: Cloud v. data center decision (ZDNet special report) | Download the report as a PDF (TechRepublic)

The analyst describes the use of cloud computing as "mainstream"; in many organisations, the cloud is now simply business-as-usual for IT operations. And yet the pace of the switch to the cloud has been so great that even a couple of years ago many organisations would have lacked the tools to respond effectively to the demand for working from home.

Today, many CIOs I speak to have pretty much everything they need to be successful remote-working companies, from fast home internet, readily available and affordable laptops, mature single sign-on to multi-factor authentication, and the majority of business systems can be provided over the public internet.

That's means that organisations like in the cases of the Greater London Authority, Leeds City Council and the University of Sussex have been able to create a remote-working strategy in days, not even weeks or months.

Of course, it's important to stress that despite its inexorable rise cloud computing isn't yet ubiquitous. Important pockets of resistance remain, not least the plethora of legacy applications that remain in blue-chip enterprises and which are hard to re-platform to cloud infrastructures.

But that's for another day. Right now the cloud is rising to the challenge and providing the platform to help employees in organisations to work, if not in a normal way, than as normal as might have been anticipated when you're not allowed to share the same space as your colleagues.

If the outbreak had happened a decade earlier, IT would have been in a very different situation. Back in 2010, the average company spent just $6,300 a year on cloud computing, or $23.31 per employee, according to a survey of IT executives by Osterman Research.

Software development was one of the biggest uses of private cloud computing, but the basics of remote working video conferencing, document collaboration and secure networking were just a pipedream. In 2010, cloud computing was characterised by hype and there's no way that companies many could have established effective remote-working capabilities.

That would have left CEOs with much harder decisions to make. No cloud computing would meant no home working. Without a viable option to continue working safely, many more companies would have been forced to close their doors and furlough staff.

But while the human and economic cost of this crisis is huge, the potential financial damage of coronavirus has been reduced by the ability of many workers to use the cloud to fulfil some operational activities. If it wasn't for the cloud, people who are lucky enough to still have a job wouldn't be able to moan about how they now spend the majority of their working days in Zoom meetings.

Those of us still able to bring in an income for our families should be thankful for the cloud. While the office is out-of-bounds, the work that usually takes place within that space can now be completed from any location, whether that's the home office, the kitchen or the sofa.

Cloud isn't just about supporting remote-office work, either. Children around the world are logging on and completing schoolwork from home. It's the same at universities, too. As Jason Oliver, director of IT at the University of Sussex, has found, using the cloud to support distance learning means students and academics have a complete digital environment in their own homes that mirrors in-classroom experiences.

SEE: How remote work is changing CIO priorities amid the COVID-19 pandemic

It's also important to recognise how recent investments in the cloud by healthcare organisations are helping to support healthcare professionals in their vital work on the front line. Think, also, of how the cloud is being used to support ground-breaking and collaborative work by researchers around the world who are trying to find a vaccine for the virus.

In many ways, the coronavirus outbreak has been the impetus for the biggest ever beta test for a technology platform and cloud computing has risen to the challenge. Executives that might have previously doubted the value of an investment in on-demand IT will have seen how cloud has supported remote working and will now be convinced of its strengths.

So the coronavirus outbreak will help persuade more companies to spend on the cloud in fact, they might well have already made that investment to ensure their staff can carry on working. As they reflect on the decisions they took once the battle against coronavirus is finally won, executives might look back on the commitment they made to invest in the cloud and conclude that it was the best IT decision that their business ever made.

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Without cloud computing, businesses would now be in even deeper trouble - ZDNet

Southeast Asia Web Hosting Services Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and…

April 28, 2020 | Author: admin

The Southeast Asia Web Hosting Services Market 2020 Research Report offers an extensive analysis of key drivers, leading market players, key segments, and regions. Besides this, the experts have deeply studied different geographical areas and presented a competitive scenario to assist new entrants, leading market players, and investors to determine emerging economies. These insights offered in the report would benefit market players to formulate strategies for the future and gain a strong position in the global market.

Top Leading Key Players are:

Amazon Web Services, AT & T, Google, GoDaddy, Dreamhost, Earthlink, and Endurance

Get Sample Copy of this Report @ https://www.adroitmarketresearch.com/contacts/request-sample/459

The report begins with a brief introduction and market overview of the Southeast Asia Web Hosting Services Industry followed by its market scope and size. Next, the report provides an overview of market segmentation such as type, application, and region. The drivers, limitations, and opportunities for the market are also listed, along with current trends and policies in the industry.

The report provides a detailed study of the growth rate of every segment with the help of charts and tables. Furthermore, various regions related to the growth of the market are analyzed in the report. These regions include the USA, Europe, Japan, China, India, South East Asia, Central, and South America, Middle East and Africa, Other Regions. Besides this, the research demonstrates the growth trends and upcoming opportunities in every region.

Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/southeast-asia-web-hosting-market

Global Southeast Asia Web Hosting Services Market is segmented based by type, application and region.

Based on Type, the Market has been segmented into:

by Product (Web-Site Builders, Shared Hosting, Dedicated Hosting, Collocation Hosting, VPS Hosting, and Cloud Hosting), By Organization Size (Small, Medium and Large enterprises), By Countries (Vietnam, Malaysia, Philippines, Indonesia, Singapore, Thailand and Rest of Southeast Asia)

Based on application, the Market has been segmented into:

By Application (IT & Telecom, BFSI, Aerospace & Defense, Healthcare, Manufacturing, Government & Utilities, Retail, Consumer Electronics and Others)

Analysts have revealed that the Southeast Asia Web Hosting Services market has shown several significant developments over the past few years. The report offers sound predictions on market value and volume that can be beneficial for the market players, investors, stakeholders, and new entrants to gain detailed insights and obtain a leading position in the market. Additionally, the report offers an in-depth analysis of key market players functioning in the global Southeast Asia Web Hosting Services Industry.

The research presents the performance of each player active in the Southeast Asia Web Hosting Services. It also offers a summary and highlights the current advancements of each player in the market. This piece of data is a great source of study material for the investors and stakeholders interested in the market. In addition, the report offers insights on suppliers, buyers, and merchants in the market. Along with this, a comprehensive analysis of consumption, market share, and growth rate of each application is offered for the historic period.

The report clearly shows that the Southeast Asia Web Hosting Services Industry has achieved remarkable progress since 2025 with numerous significant developments boosting the growth of the market. This report is prepared based on a detailed assessment of the industry by experts. To conclude, stakeholders, investors, product managers, marketing executives, and other experts in search of factual data on supply, demand, and future predictions would find the report valuable.

For Any Query on the Southeast Asia Web Hosting Services Market: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/459

About Us :

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a Markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable Market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Ryan JohnsonAccount Manager Global3131 McKinney Ave Ste 600, Dallas,TX75204, U.S.A.Phone No.: USA: +1 972-362 -8199/ +91 9665341414

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Managed Hybrid Cloud Hosting Market Overview, Top Companies, Region, Application and Global Forecast by 2026 – Latest Herald

April 28, 2020 | Author: admin

Telstra

Global Managed Hybrid Cloud Hosting Market Segmentation

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Managed Hybrid Cloud Hosting Market Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Some Notable Report Offerings:

-> We will give you an assessment of the extent to which the market acquire commercial characteristics along with examples or instances of information that helps your assessment.

-> We will also support to identify standard/customary terms and conditions such as discounts, warranties, inspection, buyer financing, and acceptance for the Managed Hybrid Cloud Hosting industry.

-> We will further help you in finding any price ranges, pricing issues, and determination of price fluctuation of products in Managed Hybrid Cloud Hosting industry.

-> Furthermore, we will help you to identify any crucial trends to predict Managed Hybrid Cloud Hosting market growth rate up to 2026.

-> Lastly, the analyzed report will predict the general tendency for supply and demand in the Managed Hybrid Cloud Hosting market.

Have Any Query? Ask Our Expert@ https://www.marketresearchintellect.com/need-customization/?rid=181292&utm_source=LHN&utm_medium=888

Table of Contents:

Study Coverage: It includes study objectives, years considered for the research study, growth rate and Managed Hybrid Cloud Hosting market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Managed Hybrid Cloud Hosting market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

Managed Hybrid Cloud Hosting Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

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Market Research Intellect

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Keep the cash flowing in your recruitment business – Onrec

April 28, 2020 | Author: admin

What is Access Pay and Bill Services?

Designed specifically for high-pressure recruitment businesses, Access Pay and Bill Services is a managed service that gives you access to a team of CIPP-qualified recruitment payroll experts to deliver accurate and fast candidate pay and client billing. All delivered to agreed SLAs.

We work with recruitment agencies of all sizes. Whether youre processing 200 or 3000 timesheets a week, Access Pay and Bill Services lets you scale up or down to meet your business needs.

Our success is based on delivering a smooth and trusted payroll, billing and credit control service to our clients. Benefit from:

As soon as you decide Access Pay and Bill Services is the best fit for your business, our On-Boarding team will contact you straight away! At the start of any project we gauge how quickly you want to move, and we could potentially get things up and running in just a matter of days if you want us to.

The recruitment software is hosted by Access Cloud Hosting Services (CHS), a division of Access that hosts all our Access Applications. The security of your data is of paramount importance to Access you can find out more about thishere.

Access Pay and Bill Services can beset up in a matter of days, giving youinstant visibility of performanceand the peace of mind of knowing thatlegislation changes are handled automatically.

Read our fact sheet to learn more about our managed service offering.

CANCOM: Very high growth rates in the cloud segment and recurring revenues in the financial year 2019; moderate growth of Group expected for 2020. -…

April 28, 2020 | Author: admin

DGAP-News: CANCOM SE / Key word(s): Annual ResultsCANCOM: Very high growth rates in the cloud segment and recurring revenues in the financial year 2019; moderate growth of Group expected for 2020.

28.04.2020 / 08:00 The issuer is solely responsible for the content of this announcement.

CANCOM: Very high growth rates in the cloud segment and recurring revenues in the financial year 2019; moderate growth of Group expected for 2020.

- Group revenue increases by 17.6 percent to EUR 1,549.3 million and EBITDA (adjusted) by 14.7 percent to EUR 130.5 million in the 2019 financial year.

- Cloud Solutions segment achieves revenue growth of 27.6 percent, of which 20.0 percent is organic. Revenue growth of 15.4 percent in the IT Solutions segment, 10.5 percent of which is organic.

- Recurring revenues (Annual Recurring Revenue) as at 31 December 2019 at EUR 183.9 million, 41.3 percent above the previous year's figure.

- The Executive Board proposes an unchanged dividend of EUR 0.50 and forecasts moderate growth in sales and earnings for the CANCOM Group in 2020.

Munich, Germany, 28 April 2020 - In the financial year 2019, the CANCOM Group generated sales of EUR 1,549.3 million. This represented an increase of 17.6 percent over the previous year (modified previous year: EUR 1,317.3 million*). Organic sales growth was 12.2 percent. Both Group segments contributed to these high growth rates.The CANCOM Group's EBITDA (adjusted) rose to EUR 130.5 million, an increase of 14.7 percent over the previous year (modified previous year: EUR 113.8 million). The CANCOM Group's EBITDA under IFRS, i.e. without adjustment, was EUR 119.2 million (modified previous year: EUR 103.9 million*). The EBITDA margin (adjusted) was therefore 8.4 percent (modified previous year: 8.6 percent).

The group segment Cloud Solutions contributed to the successful 2019 financial year with revenue growth of 27.6 percent to EUR 300.6 million (modified previous year: EUR 235.5 million). Organic growth amounted to 20.0 percent. At EUR 81.9 million, EBITDA (adjusted) was up 28.4 percent on the comparative figure (modified previous year: EUR 63.8 million). The EBITDA margin (adjusted) rose accordingly to 27.3 percent (modified prior year: 27.0 percent). Annual Recurring Revenue at the end of the year was 41.3 percent higher than the previous year's figure, at EUR 183.9 million (modified previous year: EUR 130.1 million).

In the Group segment IT Solutions, CANCOM achieved sales growth of 15.4 percent to EUR 1,248.7 million (modified previous year: EUR 1,081.8 million). Organic growth was 10.5 percent. EBITDA (adjusted) was 2.0 percent above the comparable figure, at EUR 62.7 million (modified previous year: EUR 61.5 million). The EBITDA margin (adjusted) fell accordingly to 5.0 percent (modified prior year: 5.7 percent).

The operating cash flow improved to EUR 129.8 million (modified previous year: EUR 81.9 million). Cash and cash equivalents as of 31 December 2019 amounted to EUR 364.9 million (modified previous year: EUR 135.2 million).

"We have achieved a very dynamic development in the 2019 financial year. We achieved high growth rates, particularly in the cloud solutions business, which is important for our strategy, and even 41.3 percent in the particularly profitable Annual Recurring Revenue. Looking ahead to 2020, we are also entering the corona crisis with a high level of cash, a high equity ratio and only very low bank debt. We are therefore also proposing an unchanged dividend of EUR 0.50 per share. CANCOM will certainly be affected by disruptions in the IT supply chain and our customers are also affected by the crisis measures. But: we still assume that CANCOM will continue to grow in 2020, and we also see an opportunity in this crisis! After all, digital forms of working and living together are currently being discussed and used more intensively than ever before," said Rudolf Hotter, CEO of CANCOM SE.

Forecast 2020Against the background of the drastic economic downturn in Europe and the USA expected by the International Monetary Fund and the outbreak of the corona virus, the Executive Board of CANCOM SE forecasts a moderate increase in revenue for the CANCOM Group in the 2020 financial year. Group gross profit, Group EBITDA and Group EBITA are also expected to increase moderately compared to the previous year.For the group segment IT Solutions, the Executive Board expects a moderate increase in revenue and a moderate increase in gross profit, EBITDA and EBITA.For the group segment Cloud Solutions the Executive Board expects a significant increase in revenue, gross profit, EBITDA and EBITA. In addition, a significant increase in Annual Recurring Revenue (ARR) is expected compared to the figure for December 2019.

Publication of Annual Report 2019 on 30 April 2020The Executive Board of CANCOM SE and the auditor KPMG expect the publication of CANCOM Group's full annual report for 2019 to take place in the evening of 30 April 2020, as the audit process has not yet been fully completed. The 2019 annual report will be published on http://www.cancom.de in the Investors section.

Notes:*Original figures for the previous year: Revenue EUR 1,378.9 million; EBITDA EUR 104.9 million. The previous year's figure was adjusted due to a correction in relation to the application of IFRS 15. Specifically, this involved adjustments to the accounting treatment of warranty and maintenance contracts and certain warranties.

About CANCOMAs a Digital Transformation Partner, CANCOM accompanies organizations into the digital future. CANCOM supports customers to simplify complex enterprise IT and increase their business success through the implementation of modern technology. In order to comprehensively meet the IT needs of companies, organizations, and the public sector, CANCOM delivers tailor-made IT end to end from a single source.The CANCOM Group's range of IT solutions includes consulting, implementation, services, and the management of IT systems. Customers benefit from the extensive expertise as well as a holistic and innovative portfolio that covers the IT requirements that are necessary for a successful digital transformation. As a hybrid IT integrator and service provider, the Company provides an integrated range of services and solutions including business solutions and managed services, such as cloud computing, analytics, enterprise mobility, IT security, hosting, and as-a-service offerings.

With more than 4,000 employees worldwide, the internationally active CANCOM Group and its efficient partner network ensure market presence and customer proximity in Germany, Austria, Switzerland, Belgium, Great Britain, and the USA. The CANCOM Group is led by Rudolf Hotter (CEO) and Thomas Stark (CFO). The company is headquartered in Munich. CANCOM has an annual revenue of around EUR 1.5 billion and its parent company, CANCOM SE, is listed in the MDAX and TecDAX of the Frankfurt Stock Exchange (ISIN DE0005419105).

ContactSebastian BucherManager Investor Relations+49 89 54054 5193sebastian.bucher@cancom.de

NoteIf you do not wish to receive information from us via e-mail, please write to ir@cancom.de.

Data protection notificationYou are receiving this invitation because you are included in the CANCOM investor information e-mail distribution list. You have been included as you have indicated in the past to be informed about company news. For this reason CANCOM stores and processes personal data like name and e-mail address to be able to provide to you this service. CANCOM stores and uses this data solely to obtain information about the development of the shareholder communication and to be able to contact investors as part of the investor relations activities.

General information on the use of data by CANCOMCANCOM will not pass on personal data obtained in the course of investor relations activities to third parties without the express consent of the person concerned. The only exception to this rule is that CANCOM receives a request for data transmission from competent authorities such as the Federal Financial Supervisory Authority.Even after you have agreed to receive investor information from us and thus permitted CANCOM to store and use your personal data, you have the right to revoke this agreement at any time. All you need to do is send an informal message by e-mail to widerspruch@cancom.de or to ir@cancom.deFor any further information about CANCOM's privacy policy, who to contact or your individual rights as a data subject, please visit our website https://www.cancom.com/privacy-protection/

28.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at http://www.dgap.de

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CANCOM: Very high growth rates in the cloud segment and recurring revenues in the financial year 2019; moderate growth of Group expected for 2020. -...

Southeast Asia Web Hosting Services Market Innovations, Revenue Analysis, Competitive Landscape and Trends by Forecast 2025 – Latest Herald

April 28, 2020 | Author: admin

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Top Leading Key Players are:

Amazon Web Services, AT & T, Google, GoDaddy, Dreamhost, Earthlink, and Endurance

Get Sample Copy of this Report: https://www.adroitmarketresearch.com/contacts/request-sample/459

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For Any Query on the Southeast Asia Web Hosting Services Market: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/459

About Us :

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Ryan JohnsonAccount Manager Global3131 McKinney Ave Ste 600, Dallas,TX 75204, U.S.APhone No.: USA: +1 972-362 -8199 / +91 9665341414

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Southeast Asia Web Hosting Services Market Innovations, Revenue Analysis, Competitive Landscape and Trends by Forecast 2025 - Latest Herald

Triangle event headliners: Previewing 70 events & deadlines through the end of May – WRAL Tech Wire

April 28, 2020 | Author: admin

WRAL TechWire keeps tabs on the latest and greatest meetups, panels, workshops, conferences, application deadlines and all things happening in the North Carolina startup/tech world. The Headliners is a multi-part weekly roundup of upcoming events to add to your calendar.

Below is a list of April and May events in Raleigh, Durham, Chapel Hill and the greater Triangle area. To find out whats happening this month in cities outside of the Triangle, check out part two of the Headliners column. Another post highlights events in June. Meetups that occur regularly are listed here.

If youd like your event to be included, feel free to send me an email.

Also, check out a full range of events on TechWires interactive calendar, along with our comprehensive resource guide for startups in the Triangle.

Note: The following list is our lineup of Triangle events through the end of Maymost have been switched to a virtual format due to COVID-19 social distancing requirements.

This online panel discussion will focus on the challenges involved with constructing a modern electric grid in North Carolina and beyond. The session features speakers from UNC Chapel Hill, Duke University and ABB.

LaunchBios free Larger Than Life Science event series has now moved online. This session will focus on board compensation, wealth management and equity strategies.

Join Gig East for its first virtual meetup, featuring a discussion on innovative approaches to dealing with new changes during the COVID-19 pandemic. The session will feature panelists from RIoT, Cisco and WRAL.

Code for Durham brings together technologists, designers, developers, data scientists, map makers and activists to collaborate on civic technology projects. Meetings are held every two weeks on Tuesdays. Pizza will be provided.

Bring your ideas and opinions to the next Midtown Techies meetup. Events are held on the last Tuesday of every month.

Red Hats free virtual summit will feature keynotes, breakout sessions and programming covering the latest in open hybrid cloud, automation, cloud-native development and more topics.

In this webinar, Humana Digital Channels Director Bruce Buttles will show how the insurance giant is using low code technology to boost its business. $50 will be donated to the Food Bank of Central and Eastern NC for each person who RSVPs. More TechWire coverage here.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

Join DIG SOUTH to hear how Interloo is using machine learning and AI to help organizations better understand their sales forecasts.

In this technical webinar from FREEDM Systems Center, experts will cover reinforcement learning control in power system design.

All Things Open is hosting a free virtual meetup focused on the value proposition of open source technology, featuring Tobie Langel of UnlockOpen.

This meetup features a talk from Open Eye Creative, a Triangle-based video production firm, on how to improve your attention while working remotely.

Raleigh Chambers Young Professionals Network is hosting a virtual panel with experts discussing how AI, blockchain, 5G and other emerging technologies are shaping the future of work.

Part of the UNC Entrepreneurship Centers weekly Navigating the Great Pause series, this online session will feature experts discussing how entrepreneurs can make sales and marketing adjustments during the COVID-19 pandemic.

LaunchBios free Larger Than Life Science event series has now moved online. This session will focus on how to lead remotely and budget wisely during challenging times.

Capitol Broadcasting Company and WRAL are Here to Help our local businesses. Tune in to get advice from industry experts and hear ideas from other local business owners. More coverage here.

In this free webinar, participants will learn how to take advantage of small business loan opportunitiesincluding how to prepare an application, what forms/documents to submit, and more tips on securing small business funding.

DHIT is hosting a group of health technology, research and innovation leaders to discuss the challenges, strategies and transformations of care models after COVID-19.

This free monthly interactive webinar provides participants with an overview of NC TECHs activities, resources and member offerings.

Duke Innovation & Entrepreneurship is hosting a virtual series of conversations with senior leaders at tech companies discussing their workplace culture. This session features a talk with Airbnb Chief Ethics Officer Rob Chesnut.

Startup Summit is hosting a virtual conference with local entrepreneurs discussing ways to manage, grow and prosper through the COVID-19 pandemic.

This program matches Duke University engineering and business graduate students with medical trainees to develop clinical health solutions. Applications are open for people joining in fall 2020 or spring and fall 2021.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

Run by Innovate Carolina and 1789, this program provides UNC students with seed funding to develop, test and launch startups or social ventures.

The Council for Entrepreneurial Development is bringing its flagship Venture Connect Summit onlinetech and life science companies will pitch their products and participate in virtual sessions in multiple installments this month. More TechWire coverage here.

In this virtual session, IT leaders at NC TECH member companies will discuss relevant topics and best practices in their field.

Raleigh Chamber of Commerce is hosting a talk with Jon Hayes, founder and CEO of RewardStock, on running a successful startup through the challenges of a pandemic.

Join the Code for Chapel Hill meetup to network with like-minded individuals and work on civic hacking projects. Meetings are held every two weeks on Tuesdays.

American Underground is relaunching its Landing Spot program to help recently laid-off workers transition into entrepreneurship. Participants will get a free three-month virtual membership to American Underground, plus access to AUs summer Startups 101 program. More TechWire coverage here.

This online meeting will convene CISOs, VPs and director-level security leaders from NC TECH member companies.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

Eli Sheets, founder and CEO of local startup IdeaBlock, will lead a lunch and learn on how blockchain can be used to protect IP instantly and permanently.

In this webinar series, leaders from public, private and nonprofit sectors will discuss key issues affecting rural communities in North Carolina. Topics include broadband, entrepreneurship, small business development, housing, water, infrastructure and more.

LaunchBios free Larger Than Life Science event series has now moved online. This session will focus on the science and funding behind a groundbreaking startup.

Join this virtual session to meet the six teams selected for RIoTs new MISSION-R program. Hear their ideas on how theyre using technology to address COVID-19 response.

This free bi-monthly event offers a space for local tech professionals to build connections and find potential job opportunities.

In this lunch and learn, SotoIP Co-Founder John Sotomayor will share insights on how companies can protect their intellectual property.

In this nine-month program, participants will develop the skills and knowledge needed to be a community leader.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

Frontier RTP is hosting a virtual workshop covering how to incrementally introduce changes in the way you meet, plan and communicate. The session will be led by Ahmed Avais, president and coach at Agile 7 Inc.

Open Source 101 At Home is a full-day virtual conference with expert speakers discussing the latest trends in open-source, open-tech and open-web technology.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

In this webinar, Raleigh-based WISER Systems will showcase its real-time location system that utilizes new RRLT technology.

Join this lunch and learn to hear a talk from Theresa Glenna of TUV SUD on the basics of Global Market Access and how to use it for regulatory testing and certifications.

Join this webinar to learn more about the National Center for Advancing Translational Sciences (NCATS) and how to get R&D funding through the Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) programs.

RIoT is hosting a webinar focused on how companies can overcome the logistical challenges involved with social distancing.

This event convenes local ag tech entrepreneurs, professionals and leaders for an evening of networking and engagement outside of the traditional workspace environment. The 2020 Ag Tech Professional Forum theme is plant health.

Duke Innovation & Entrepreneurship is hosting a virtual series of conversations with senior leaders at tech companies discussing their workplace culture.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

Join the Code for Chapel Hill meetup to network with like-minded individuals and work on civic hacking projects. Meetings are held every two weeks on Tuesdays.

NC TECHs Job Fair series connects local tech talent to the companies and organizations looking to hire in the community. This Spring, the event will be held online, with companies hosting virtual hiring rooms.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

In this virtual lunch and learn, John Breitenbach from Real Time Innovations will cover the architectural patterns recommended by the Industrial Internet Consortiums Industrial Internet Reference Architecture.

NC TECHs Government Vendor Network is a forum for member companies who are interested in doing business with state government. This months event will feature a talk from Tracy Doaks, the new secretary of the NC Department of IT and State CIO.

This free bi-monthly event offers a space for local tech professionals to build connections and find potential job opportunities.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

Bring your ideas and opinions to the next Midtown Techies meetup. Events are held on the last Tuesday of every month.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

Join E4 Carolinas for a virtual conference covering how utilities, economic developers and energy companies are preparing for post-COVID19 economic recovery and rebuilding process.

The NC Small Business and Technology Development Center is hosting a SBIR/STTR workshop for university faculty who are developing proposals for the program.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

Here is the original post:
Triangle event headliners: Previewing 70 events & deadlines through the end of May - WRAL Tech Wire

Cloud Hosting

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Triangle event headliners: Previewing 70 events & deadlines through the end of May – WRAL Tech Wire

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