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Case study: How to quickly build and deliver a cloud-agnostic product – Cloud Tech

Sponsored Two years ago, Objectivity was asked to help deliver a new digital ecosystem. The client had a significant market share but wasnt perceived as innovative or digitally-savvy. To counter this, they came up with the initiative to build a software platform which would manage their asset portfolio.

The clients advantage was that they were close to the assets. They could easily keep them up-to-date in the system, allowing for the development of more advanced end user functionalities. Further on, the solution was supposed to integrate with third party systems and IoT sensors to process and serve even more data to users. Business-wise all this made perfect sense as Data is the new gold, however, the time and budget were limited.

After initial workshops with the customer, we had three months to deliver an MVP. During this period, we had to assemble a team, understand the business domain, co-create the product vision, define the architecture, and deliver a working MVP in time for a trade show.

As this was a lot to do in a short amount of time, we had to set the right priorities and agree on acceptable constraints. The result couldnt be a mere prototype the expectation was that if the potential client would want the product after the demo event, we should be able to roll it out in a quarter. And, to make this project just a bit more challenging the product would have to be cloud agnostic, easily scalable, and able to handle multi-tenancy. For a technical person, this raises one important question: What technical trade-offs did we have to make in order to deliver this?

Gregor Hohpe says that good architecture is like selling options. In the case of forex options, you pay now in order to be able to buy or sell at a fixed price in the future. Similarly, when it comes to software, you design a solution in a way that will give you an open door to change some of its components without too much hassle. Sometimes you use those options (e.g. when you change the payment provider for your e-commerce), and sometimes you dont. Do you remember the good old days, when many of us were preparing for a DB engine change, but then it never happened?

Sceptics might wonder, How real is the vendor lock-in risk?. Some of you probably remember when Google increased the prices of their Maps API 14x (in certain scenarios) in 2018. This proves that this threat is real!

So, how does this apply to being cloud agnostic? Is it possible to have streamlined cloud independence? Some say that Cloud agnostic architecture is a myth, or that If you believe in the cloud (and its speed), you cant be agnostic as it forces you to use the lowest common denominator of all cloud services. The chart below shows the spectrum of available options:

In this case, cloud native means that we take advantage of a given cloud providers strengths (i.e. better performance, better scalability, or lower costs).

Overall, the more you invest in agnostic architecture upfront, the less its going to cost you to switch cloud services. However, at the same time, more complex and agnostic design will decrease productivity and slow down your delivery process. Architects are challenged to find a satisfactory optimum a solution thats as agnostic as possible, but which also respects the agreed time and budget scope. How can this be achieved? Well, for example, you can consider switching costs as suggested by Mark Schwartz, an Enterprise Strategist at AWS. He encourages businesses to consider:

1. The cost of leaving a cloud provider

2. The probability of the above taking place

3. The cost of mitigating cloud switch risk

Furthermore, there are multiple aspects of the solution you should consider this for, such as:

A cloud agnostic solution can be a blessing or a curse it can prepare you for future success, or delay delivery. As such, the following aspects were important in our asset management scenario:

One of the ways to assess an applications architecture and its variations is to use a fitness function. This concept, borrowed from evolutionary computing, is used to calculate how close a given design is to achieving a set of aims important for a given project.

Consequently, we assumed that in our scenario:

Architecture Fitness = Productivity Upfront Investment Cost of Switching + On-Premise Support

With that in mind, we considered the following options:

We opted for a hybrid approach as it passed all our requirements. Plus, when it comes to containerisation within a new project, this seems to be a low-hanging fruit when you try to avoid vendor lock-in. The majority of the solution was implemented in .NET Core as a set of services and workers running inside a managed Kubernetes cluster. In order to not waste time on the configuration of persistent storage, we used Managed PostgreSQL as a common data storage for all components. Postgres is an open-source database available as a managed service in multiple clouds, plus it supports JSON documents, which was another important aspect for our platform.

Regarding the IoT integration, we selected cloud native implementation (e.g. Azure IoT Hub). In addition to being a much more scalable approach, its also much faster to implement. Moreover, if needed, it can be quite easily rewritten to work on another cloud. Research findings on a container-hosted IoT hub showed that theres no solution that meets our expectations especially when it comes to supporting two-way communication with sensors. To further minimise the cost of switching, we defined a canonical message format for domain IoT events so that only message transformation takes place outside of the Kubernetes cluster (e.g. in Azure Functions), and all the rest of the processing happens inside a cluster.

We successfully delivered a solution that runs on Azure, on time for the clients trade show. The data storage trade-off passed the test of time. We did a few product installations and everything functions properly on both the Azure and IBM Cloud. Kubernetes also worked well. However, you should keep in mind that there are minor differences between providers. For example, the Ingress Controller is automatically installed on the IBM Cloud while, with Azure, you have to do this on your own. Additionally, Kubernetes has a different storage class for every cloud provider.

A few months after the show, we also developed a second IoT implementation using IoT Watson, which proved that the cloud native approach was a good compromise. However, you have to be aware of the differences between various queuing implementations. Its really easy to deliver new features using Azure Service Bus, especially if you have a background in .NET (which was the case with us). However, after switching to RabbitMq, you might discover that certain queuing features (like no retry count or no message delivery delay) are not supported and, at this stage, you will have to implement them in code, which introduces unnecessary complexity. To avoid these challenges, instead of choosing what you already know for the sake of fast delivery, first stick to a more agnostic queue implementation.

Editors note: For more information on innovative Cloud management solutions, download Objectivitys latest complimentary eBook: Cloud Done Right: Effective Cost Management.

Photo byVeronica LopezonUnsplash

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SVG SportsTech On Demand: EEG’s John Voorheis on the Role of Falcon, Lexi in Live Stream Captioning – Sports Video Group

In an effort to keep the broadcast-technology community informed this spring, throughout April, SVG is hosting a series of SportsTech On Demand video interviews with executives from the industrys top technology vendors discussing their latest product releases and company news. Our Ken Kerschbaumer sat down with John Voorheis, director, sales, EEG Enterprises, about the companys efforts.

Even as meetings and events move online, closed captioning remains crucial. EEG Video offers solutions to make live streaming and online events possible. Falcon is EEGs cloud-hosted SaaS streaming video solution. Falcon adds captions in real-time to live RTMP or RTMPS streams by receiving information from the streaming media encoder and delivering captions to streaming platforms. To caption audio in Falcon, customers can use a human captioner or Lexi, EEGs automatic captioning service that delivers high-accuracy, low-latency captions in English, Spanish and French. Lexi supports on-demand ASR caption delivery through EEG products for both live and offline delivery.

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Southeast Asia Web Hosting Services Market 2020 Demand, Trend, Latest Techniques, Innovations, Applications, Analysis and 2025 Industry Growth…

The Southeast Asia Web Hosting Services market industry report highlights the important components related to the top sellers of Southeast Asia Web Hosting Services industry that influence the market. The study incorporates industry esteem chain, powerful business strategies, cost, structure, creation limit, conveyance, market range and limits usage rate. Southeast Asia Web Hosting Services market provides basic information of market members and organizing profiling, contact data, item/benefit beds, income development, revenue generation, and gross deals.

Get Research Report @https://www.adroitmarketresearch.com/contacts/request-sample/459

Features such as storage, database support, shell access, language support, site backup, free AdWords, free domain have ensured to improve the performance, scalability, and flexibility of websites performance. Such features are expected to fuel the market over the forecast period. Services such as shared hosting, dedicated hosting, VPS hosting, cloud hosting are gaining momentum pertaining to raising awareness for data security and need for backup. Furthermore, supporting government initiatives and regulations regarding implementation of web hosting services are expected to drive the market over the forecast period. This service offers web hosting services to all government entities, which includes financial institutions, government agencies, government-owned and controlled corporations, and interagency collaborations, projects, and programs. This has enabled government website housed under one roof.

Further, investment in Southeast Asian countries has increased the number of large enterprises, which further lead to the demand for dedicated, cloud and VPS server hosting. Large enterprises require huge setup for web hosting, as they cater to a huge customer base. Hence they require dedicated servers, with an appropriate backup. These factors are expected to result in an increasing demand for web hosting in the Southeast Asia region. Web hosting companies are implementing data security solutions to minimize security breach.

Browse Complete Research Report @https://www.adroitmarketresearch.com/industry-reports/southeast-asia-web-hosting-market

The South East Asia web hosting market is segregated into several market segments such as product type, application type, and region.

Based on the product type, the South East Asia web hosting market is segmented into Web-Site Builders, Dedicated Hosting, Collocated Hosting, and Shared Hosting. On the basis of application type, the South East Asia market is fragmented into Public Website, Intranet Services, and others.

Looping onto the geographical view, the South East Asia web hosting market is a wide range to Europe, United States, China, Japan, Southeast Asia, India, and Central & South America.

Leading players of the South East Asia web hosting market includes Equinix, Amazon Web Services, Earthlink, Endurance Technologies, Dreamhost, GoDaddy, Justhost, Google, Web.Com Group, and AT&T.

Make an Enquire to Buy This Report @https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/459

Key Segments of the Southeast Asia Web Hosting Services Market

Product Overview, 2015-2025 (USD Billion)

Application Overview, 2015-2025 (USD Billion)

Organization Size Overview, 2015-2025 (USD Billion)

Countries Overview, 2015-2025 (USD Billion)

Southeast Asia Web hosting Services Market Report Highlights:

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Breakdown Data by Service Providers

Chapter 4 Breakdown Data by Product

Chapter 5 Indonesia

Chapter 6 Thailand

Chapter 7 Malaysia

Chapter 8 Philippines

Chapter 9 Vietnam

Chapter 10 Singapore

Chapter 11 Rest of Southeast Asia

Chapter 12 Company Profiles

Chapter 13 Future Forecast

Chapter 14 Indonesia Web Hosting Forecast

Chapter 15 Thailand Web Hosting Forecast

Chapter 16 Malaysia Web Hosting Forecast

Chapter 17 Philippines Web Hosting Forecast

Chapter 18 Vietnam Web Hosting Forecast

Chapter 19 Singapore Web Hosting Forecast

Chapter 20 Rest of Southeast Asia Forecast

Chapter 21 Value Chain and Sales Channels Analysis

Chapter 22 Market Opportunities, Challenges, Risks and Influence Factor Analysis Risks and Influence Factor Analysis

Chapter 23 Research Findings and Conclusion

Chapter 24 Appendix

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Southeast Asia Web Hosting Services Market 2020 Demand, Trend, Latest Techniques, Innovations, Applications, Analysis and 2025 Industry Growth...

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4 Reasons to Move to QuickBooks Hosting in 2020 – HostReview.com

The accounting industry has evolved a lot and moved to an advanced technology where accountants have now become more tech-savvy to accomplish their accounting operations. To compete in the accounting era, they always need to stay ahead, become more productive, and pace up their accounting processes.

Many accounting professionals prefer using QuickBooks to simplify their tasks. No doubt, QuickBooks is one of the most reliable and best accounting software in the accounting world.

However, there are few limitations in the desktop-based QuickBooks software; some of them are accessibility of accounting data when required, regular software updates, advanced security, and many more that can be easily overcome by hosting QuickBooks on the cloud.

Cloud technology implementation with the QuickBooks software is an excellent start for most firms to attain an expected outcome and also, to stay always ahead in the accounting market. The world has moved to cloud technology due to its features, unbeatable benefits, its effectiveness, and efficiency, and accounting industry is not far behind.

Here are the top 4 reasons to choose QuickBooks cloud hosting in 2020.

In the accounting industry, the clients want their accountant to be available all the time on the call to update their data. Well, that is not practically possible for any accountant as they also have to complete their other professional tasks and have to manage their personal life as well. Sometimes, for many accounting firms, instant update on the workflow is also important to serve their clients better.

QuickBooks Hosting eliminates problems such as going to an office to work on the accounting data, sitting with the desktop to file taxes, finding and updating the data via emails back and forth.

QuickBooks on the cloud makes the accountants free to do accounting from anywhere, at any time, they need to log in from any device on the cloud with the correct credentials and can start work. Real-time access to data improves productivity, and also the transparency of the outsourcing process becomes more evident.

Accounting process and its data are very critical for any firm. In the local setup of QuickBooks Software, the data moves from hand to hand through hard drives; so breaching and theft of the information is possible that can lead the firm to compromise in many terms; if it falls in the wrong hand. To secure the data, accountants always need to keep it close to the chest.

On the other hand, Hosting QuickBooks on the cloud can offer a great deal in terms of security. It provides the latest level of protection, such as multi-factor authentication, data encryption, access control, multiple firewalls, and many more. Also, in case of any natural disaster or malfunction in the system, the data is secure on the cloud and can be quickly recovered in no time as it is replicated on many other servers.

Accountants, CPAs, and tax firms need a lot of third-party add-ons such as Avalara, Tsheets, Bill.com, and many more to accomplish their accounting operations. They are separate software that needs to integrate with QuickBooks to make the process of accounting more simple, faster, and accurate.

Integrating the add-ons with QuickBooks on the local set up requires proper storage space and installation to make it work out.

Hosted QuickBooks can easily integrate with third-party software without the worry of the storage issues and need not require the installation process. The cloud service provider will take care of it and integrate all the business add-ons with QuickBooks to accomplish the accounting process and makes it easier and faster.

Accounting firms and tax preparers use QuickBooks to manage their clients finances efficiently. At the same time, they always make sure that their finances will be managed properly as well. They need to spend a lot of funds on the IT infrastructure, local systems, storage of hard drives, and to manage it, they need IT experts as well. It takes a lot of costs for any business to maintain it.

Hosting QuickBooks on the cloud can eliminate all the IT expense as the cloud service provider will take care of it. QuickBooks hosting provider has a dedicated team that will work on updating the server resources as required by the client. It leads to savings of cost in terms of purchasing and maintaining the server. It also helps them to focus and improve their billable hours.

QuickBooks on cloud is packed with numerous benefits that are huge for accountants, CPAs, and accounting firm. It is undeniable that it has many perks that include uptime, data security, scalability, reliability to all sizes of businesses. A cloud solution will help accounting professionals to stay ahead and make their work more productive. And hence, better productivity leads to a better ROI for any accounting firm.

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Laplink Helps IT Transition to Azure Active Directory with Free Migration Tool – Yahoo Finance

PCmover Profile Migrator solves the hassle of user profile migration

Laplink Software, Inc., the global leader in PC migration and creator of the only software of its kind recommended by Microsoft, Intel and all major PC manufacturers, today announced its PCmover Profile Migrator software is available at no charge through June 30, 2020. As more organizations transition their IT infrastructure from on premise to the cloud, this solution reduces the time and hassle of setting up new Azure Active Directory (AAD) profiles for users.

Cloud hosting and services continue to gain popularity among enterprises and small businesses. In fact, Statista recently reported that 68% of U.S. businesses will adopt managed cloud infrastructure services this year alone. Compared to on-premise options, cloud-based services offer improved scalability, security, business continuity, as well as reduce costs associated with software maintenance and infrastructure management.

Naturally, IT teams find value in moving from on-premise Windows Active Directory (AD) to the cloud-based Azure Active Directory. Laplinks PCmover Profile Migrator streamlines this process. It automatically transfers applications, files and settings between the old on-premise AD user profile and the new AAD user profile on the same PC. Depending on the deployment scenario, the solution is saving IT teams days, even weeks, of time transferring profiles.

"There are significant benefits to implementing AAD, including a reduction of hardware costs, improved service availability, and reduction of IT labor," said Thomas Koll, Laplinks CEO. "Those benefits are driving the transition to the cloud and Laplink is dedicated to making that transition as simple as possible. Instead of relying on a slower manual process for profile migration that can easily result in lost data, our automated solution saves time and money and it transfers everything seamlessly. Thats why Microsoft recommends it specifically for efficiently transitioning to AAD."

For more information about PCmover Profile Migrator, details are available here.

About Laplink Software, Inc.

For over 36 years, Laplink has been a global leader in consumer, SMB and enterprise PC migration software, and has earned the loyalty and trust of millions of organizations and customers worldwide. The companys PCmover software saves time and budget, reduces migration risks and increases efficiency. Only PCmovers proprietary technology includes full selectivity that transfers data, applications and settings from an old PC to a new one, even if the versions of Windows are different. The privately-held company was founded in 1983 and is headquartered in Bellevue, Washington.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200422005132/en/

Contacts

Laplink Media Contact: Ashley SchulteWitz Communications919-435-9112Laplink@witzcommunications.com

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Considering a move from colocation to cloud? Here’s how to build a solid business case – Techerati

How to establish a solid rationale for migrating infrastructure from colocation to the cloud

The current crisis instigated by COVID-19 is putting immense pressure on organisations across the globe to maintain smooth operations while managing remote workforces and workloads. Therefore, many businesses that operate their own IT infrastructure whether through racks located on the companys premises, or via a data centre where they rent one or more colocation racks are considering making a move to the cloud. In either situation, adopting a cloud strategy means that infrastructure needs to be moved from the office location to a data centre, or from one data centre to another that offers hosted services.

A recent conversation with a UK prospect operating in the retail sector led us to find out that the business had recently ordered new servers to host its IT environment, at the companys headquarters. The companys manager also revealed that the business had considered moving to the cloud, however decided against doing so as initial costings seemed too expensive. Without digging deeper, it seems that the retailer perhaps didnt undertake a full business case of all the costs actually involved. So, what are the key considerations for establishing a solid rationale for moving an organisations infrastructure to the cloud?

Decisions about which strategy to adopt should be made on the basis of a strong business case. However, the mistake that organisations often make is that they focus too heavily on factors such as hardware CAPEX, the cost of rack space, and the cost of internet traffic, when they should be considering a wider range of financial issues. These include:

To make these costs comparable to a monthly pay as you go fee, they should be calculated back into a monthly cost. Its sensible to make these calculations using a three-year write off period, as looking at anything longer means being brutally honest about whether hosting current infrastructure on hardware that is older than three years will really offer the reliability, security, and performance required. If the answer is yes, then the write-off period can be extended to four or maybe even five years.

These costs can then be compared with a monthly service provider fee that should also include some additional one-off items, including:

In particular, migration costs can be challenging to precisely calculate in advance, but is important to keep budget implications in mind as plans to move from colocation to cloud move forward. For instance, if relocation requires certain services to move to another data centre, there are two main options to consider.

The first is to virtualise existing servers and subsequently move them one by one to the private cloud (in most cases an IP change is still needed, something which could create issues). The complicating factor here is that the write off period for current equipment may not end at the same time. In this case, support contracts on older hardware have to be extended or some of the equipment has to be written off faster. The unpleasant alternative is to end up managing two separate clouds, and few organisations have the desire to cover the costs of duplication.

The second option, which can help get around this complication, is to move all current infrastructure from the office premises or existing data centre to the new data centre location. Choosing this option should be viewed as a big bang exercise, where everything can be accomplished in one or two heavy nights of relocating servers. In some data centres, it is possible to connect current colocation rack(s) to the new private cloud, allowing a less intense move from colocation to cloud and, with a bit of luck, also retaining keep the current IP.

The bottom line is that any successful infrastructure change takes thought and preparation, because every organisation has unique requirements and varying levels of experience. Working with a partner who does it for a living can help to mitigate most problems and ensure a smooth transition from one infrastructure strategy to another with little and ideally, no service interruptions.

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Considering a move from colocation to cloud? Here's how to build a solid business case - Techerati

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Scaleway disarms its ARM64 cloud, cites unreliable hardware as the reason – The Register

One of the few clouds to offer 64-bit Arm-compatible servers is dropping the architecture.

Scaleway revealed new Arm-powered efforts in June 2017, offering four instance types running on Cavium, now Marvell, ThunderX SoCs.

At the time of launch, Scaleway said the launch was a culmination of its long efforts to make Arm-powered servers a mainstream cloud option. Our new ARM64 lineup proves Arm SoCs are not tied IoT and Smartphones: Arm is a true alternative for the server market with solution for small and large workloads, the company said at the time.

But not enough of an alternative to be worth ongoing investment.

In an email sent to customers last week, and now widely posted around the net, Scaleway informed customers that as of December 1, 2020, our [x86-based] C2 and ARM64 Instances will reach their end-of-life.

The email also said it would become impossible to provision Armv8 instances as of April 16, which appears to have come to pass as theyre not listed among Scaleways instance types, and that support for existing instances would end on July 1, and they will be completely deprovisioned as of December 1, 2020.

The email offers the following explanation for the situation:

The physical servers hosting them are indeed randomly affected by several stability issues, which prevent us from fully guaranteeing the overall quality of service.

So why not just buy new and more reliable servers?

The Register can imagine two reasons. One is that Scaleway just doesnt have enough Armv8 customers to make a new server investment worthwhile. The other is that the company may have concluded that more reliable servers might not be available.

Also worth noting is that the C2 instances run x86 silicon, and its not as if resilient servers ready to run x86 are hard to find.

Its tempting to say that this is not a good moment for those who advocate power-sipping multi-core Arm-based designs as a fine alternative to x86.

But theres still plenty of heavyweight interest in cloudy servers running Arm designs. AWS has teased a second generation of its Arm-compatible instances, while Packet operates an Arm cloud, and Huawei has signaled its intention to build an Arm-based ecosystem. Microsoft has said it expects Arm to power much of Azure, and Oracle made a $40m investment in Arm-for-servers chip designer Ampere.

And VMwares still beetling away on ESXi-for-Arm, even though its not entirely sure what customers will want it for. Then there are upstarts like Nuvia aiming for data centers.

Scaleway has published a guide to migrating into its other instance types.

Sponsored: Practical tips for Office 365 tenant-to-tenant migration

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AWS doubles the performance of its Snowball Edge device and adds new software – SiliconANGLE

Amazon Web Services Inc. today introduced a new version of Snowball Edge, its system for running edge computing workloads and migrating data to the cloud, that features more powerful silicon as well as additional management tools.

AWS launched the first Snowball device in 2015 as a way for enterprises to move large amounts of records to its public cloud. A company could order a system to its data center, load it up with data and ship it to the nearest AWS facility. Snowball Edge (pictured) serves this function as well, but it can also double as an edge computing platformfor runningapplications in environments such as factories and ships.

AWS refreshed the so-called Storage Optimized variant of the device as part of todays upgrade. The company has added in a 3.2-gigahertz processor that doubles the systems computing power and provides a total of 40 virtual central processing units, or vCPUs, for local cloud instances. A vCPU is a unit of processing power used by AWS that usually corresponds to one thread in a physical processor core.

The upgraded Snowball Edge also features other hardware improvements. In addition to the 80 TB of storage for data processing and data transfer workloads, theres now 1 TB of SATA SSD storage that is accessible to the EC2 instances that you launch on the device, AWS Chief Evangelist Jeff Barr wrote in a blog post. Companies can combine up to12 Snowball Edge devicesto assemble an edgecomputing cluster with a petabyte of storage capacity.

For cloudmigration use cases, in turn,the device provides 25% faster data transfer speeds. This is made possible by a new 100 Gigabit QSFP+ network adapter in the chassis, Barr detailed.

AWS will ship the upgraded hardware with a number of new software capabilities. Theres now a visual management console administrators can use to perform tasks such as configuring the device, while an integration with AWS Systems Manager service makes it possible to write scripts to automate maintenance chores.

Capping off the update is an access control tool meant to boost cybersecurity. According to AWS, it allowcompanies to manage which user can access whatresource in situations where multiple employees are using the same Snowball Edge deployment.

This is an attempt by AWS to get more infrastructure from on-prem to their cloud, Marty Puranik, chief executive of cloud hosting solutions provider Atlantic.Net, told SiliconANGLE. They are working to get better product-market fit, based on customer feedback, of improvements they needed to make. It looks like security and compliance were key in getting adoption of this product going.

Edge computingis a priority for AWS rivals as well. Microsoft Corp. offers Azure Stack appliances companies can deploy on-premises and Google LLC hasGlobal Mobile Edge Cloud, which allows telecommunications customers to run applications not just in its main cloud data centers but also its 130-plus edge locations.

With reporting from Robert Hof

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AWS Cape Town region goes live – MyBroadband

Amazon Web Services (AWS) went live with its Cape Town region on 22 April 2020.

As of this morning, AWS administrators could enable the Cape Town region for their account through the AWS portal.

The region is named Africa (Cape Town) with the label af-south-1.

AWS regions consist of a cluster of data centres named Availability Zones. These zones offer cloud computing services to the region and nearby edge networks, and they are connected with redundant, ultra-low-latency networks.

The availability of an Amazon Cape Town region would be great news for South African developers, as they could make use of cloud storage and computing services with much lower latency than if they were connected to a region in Europe or the United States.

AWS currently maintains regions in North America, South America, Europe, China, Asia Pacific, and the Middle East.

In late 2018, Amazon announced that it would open an infrastructure region in South Africa, consisting of three availability zones, headquartered in Cape Town.

Since then, the company started expanding its local presence rapidly, with the AWS South Africa division hiring over 100 new employees in July 2019.

Amazons AWS Africa page still states that the Cape Town region is coming soon, with no official launch date announced.

We will be opening an AWS Region in South Africa in the first half of 2020, Amazon said. The new AWS Africa (Cape Town) Region will consist of three Availability Zones.

The addition of the AWS Africa Region will enable organizations to provide lower latency to end users across Sub-Saharan Africa and will enable more African organizations to leverage advanced technologies such as Artificial Intelligence, Machine Learning, Internet of Things (IoT), mobile services, and more to drive innovation.

Amazon Web Services has confirmed that the Cape Town region was made available on its platform today.

Starting today, developers, startups, and enterprises, as well as government, education, and non-profit organisations can run their applications and serve end-users in Africa with even lower latency and leverage advanced AWS technologies to drive innovation, the company said.

Customers and partners can begin using the platform by visiting the AWS Cape Town Region landing page.

Builders, developers, entrepreneurs, and organisations have asked us to bring an AWS Region to Africa and today we are answering these requests by opening the Cape Town Region, said Amazon Web Services Senior Vice President of Global Infrastructure and Customer Support Peter DeSantis.

We look forward to seeing the creativity and innovation that will result from African organisations building in the cloud.

AWS said its infrastructure regions meet the highest levels of security, compliance, and data protection.

With the new region, customers with data residency requirements, and those looking to comply with the Protection of Personal Information Act (POPIA), can now store their content in South Africa with the assurance that they retain complete ownership of their data and it will not move unless they choose to move it, the company said.

Screenshots showing the new Africa (Cape Town) region live on the AWS platform are below.

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Valuation Risks Keep DocuSign Stock From Being a Buy – Investorplace.com

Shares of cloud contract company DocuSign (NASDAQ:DOCU) have soared amid the novel coronavirus pandemic, on the idea that with most companies employing work-from-home strategies, DocuSigns virtualized cloud contract solutions are increasingly turning into a must-have enterprise solution.

Source: Sundry Photography / Shutterstock.com

Consequently, under the impression that DocuSign demand has burgeoned over the past month, investors have pushed DOCU stock up 30% to fresh all-time highs.

Is DOCU stock a buy on this red-hot rally?

Most signs point to yes. But one big (and arguably the most important) sign points to no. Simply consider the five following points:

Multiple data-points (and common sense) suggest that DocuSign is seeing a solid uptick in deal flow during the coronavirus pandemic.

Online search interest related to DocuSign has soared to 52-week highs over the past month. Web traffic on DocuSign.com has picked up. App download volume for DocuSign has similarly moved higher. Channel checks show strength, too, with the analyst team over at Wedbush recently saying in a note to clients:

Based on our recent checks in the field we continue to believe DOCUs deal flow is holding up well/stronger than expected in this COVID 19 pandemic environment as the solution set and e-signature platform is being prioritized by IT decision makers as it serves a clear key need for remote workers at home during this lockdown.

Its clear that DocuSign is set to report strong first- and second-quarter numbers on the back of improving demand trends. Those strong numbers will stand in stark contract to disastrous numbers reported pretty much everywhere else in corporate America. This stark contrast could help support recent strength in DOCU stock.

One of DocuSigns biggest growth opportunities is what management calls its land-and-expand model, or the ability to on-board an enterprise customer for its e-signature solution, and then cross-sell other cloud contract solutions to that customer.

It appears this land-and-expand model is taking hold. According to the analyst team at Wedbush:

With the DocuSignAgreement Cloud as well as its CLM offering (SpringCM acquisition) providing many additional use cases beyond just signing a contract,DocuSign is continuing to expand throughout the entire deal process which is a major differentiator in this environment.

Broadly, then, it increasingly appears that DocuSign is accelerating on its transformation towards becoming an all-in-one, end-to-end cloud contract solutions platform. This attractively differentiates the company from other e-signature platforms, and will enable DocuSign to sign not just more customers, but also substantially increase average contract value size.

The bump in demand for DocuSigns cloud contract solutions is more than just a near-term, Covid-19 driven phenomenon. Instead, its part of a much broader, much bigger virtualization megatrend, which will sweep across corporate America with increasing velocity over the next decade.

Long story short, thanks to technological advancements and cloud-hosting capabilities, enterprise workflows and processes are being virtualized. These virtualized processes are often more convenient, faster, cheaper and require less maintenance. In other words, they are often better than their physical counterparts.

The shift from physical to virtualized processes already started in the 2010s. In the 2020s, however, the shift will gain momentum, partly because of the coronavirus pandemic reminding everyone that the physical world can be shut down at any moment, and partly because the adoption curve for virtualized tech will cross the chasm.

As the virtualization megatrend gains steam, DocuSign will significantly expand its customer base and grow revenues at a steady 20%-plus pace.

Steady 20%-plus revenue growth at DocuSign should lead to steady 20%-plus profit growth because of DocuSigns favorable gross margin profile.

That is, DocuSign is a subscription-based business. As a subscription-based business, DocuSigns cost of goods sold is very small. Gross margins are consequently up near 80%.

Thats high high enough that it means this company should have big net profit margins at scale. Big margins plus big revenues equals big profits.

Despite all the aforementioned positives, I remain hesitant to chase the DOCU stock rally for one big reason: valuation.

DocuSign is set to earn about 50 cents per share this year. DOCU stock is up at $100. Thus, shares are trading at 200-times forward earnings.

But, that isnt what scares me about the valuation. DocuSign is a growth stock. Growth stocks have huge valuations. So a 200-times forward earnings multiple doesnt scare me.

Instead, what does scare me is the lack of long-term upside potential here. My modeling suggests that, even under aggressive growth assumptions, this company will still only do about $5 in earnings per share in 2030. Even if you assume a 35-times forward earnings multiple which is an aggressive exit multiple that still only gets you to a 2029 price target for DOCU stock of $175, or roughly 6.5% return per year over the next decade.

The stock market returns, on average, 7.5% per year. Thus, DOCU stocks valuation seems overextended at the current moment.

DocuSign is a great company, with a ton of long-term revenue and profit growth potential. However, coronavirus hype has thrust DOCU stock into overvalued territory. As such, I wouldnt chase the rally. Instead, Id wait for the coronavirus hype to die down. Id wait for the stock to retreat. And then Id buy the dip, once the numbers start to make sense again.

Luke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been recognized as one of the worlds top stock pickers by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm.As of this writing, he did not hold a position in any of the aforementioned securities.

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