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Prominent Analyst: Bitcoin Likely on Cusp of Making a Major Price Movement – newsBTC

Following the immense volatility that Bitcoin (BTC) experienced earlier this week, the cryptocurrency has once again found itself caught within a period of consolidation as it trades sideways within the upper-$7,300 region.

This sideways trading, however, may soon draw to a close, as one highly respected analyst is now noting that Bitcoin is bound to break above or below its current range boundaries in the near-term, which could spark a massive movement that determines BTCs next trend.

At the time of writing, Bitcoin is trading down marginally at its current price of $7,400, which marks a slight decline from its daily highs of just below $7,500 and a very minor increase from its daily lows of $7,350.

This tight trading range that has been formed over the past day marks a massive narrowing of the range that has been established between $7,200 and $7,500 over the past week, as Bitcoin has been unable to break above or below either of these levels, which both appear to mark its immediate levels of support and resistance.

This period of sideways trading may be fleeting, however, as Scott Melker a prominent analyst noted in a recent tweet that Bitcoin is nearing the end of a large pennant that it has been caught within in recent times, and how it responds to the apex of this pennant could set the tone for where it goes next.

$BTC 4 Hour: Consolidating against resistance of both the local descending channel and from the top of the China pump. The blue line represents local support. Something has to give soon on one side or the other, he said while pointing to the chart seen below.

The Cryptomist, another popular cryptocurrency analyst on Twitter, explained in a recent tweet that she believes the next major movement will favor Bitcoins bulls, but also that BTC may dip to its next level of major support at $6,900 before the bull-favoring rally commences.

$BTC: 6hr falling wedge. Suspecting/ hoping for one more touch to support which I can long. Breakout would lead to the 3day falling wedge resistance. In other words, one more possible drop towards $6.9k before the bulls take the wheel, she explained while referencing the below chart.

The coming few days and weeks may give analysts and investors alike significant insight into where Bitcoin and the aggregated crypto markets will head as 2020 fast approaches.

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Almost $9 Bln in Bitcoin Transferred, Reports Whale Alert, XRP Can’t Do That, Bitcoiner Says – U.Today

The Twitter account Whale Alert has posted 22 consecutive transactions from one unknown wallet to another that together are worth nearly $9 bln each contained around 55,000 BTC. The community is lost in guesses trying to figure out what is going on here.

Image via Twitter

Whale Alert has spotted that around 1,210,000 BTC (around $9 bln) has been transferred between two unknown wallets over the last two hours.

The first reaction of the community was there is something wrong with the Whale Alert account.

The majority of comments are jokes, sarcastic comments or talks about another Bitcoin dump coming soon.

Image via Twitter

The so-called whales are market players who own a tremendous amount of assets. They are believed to have an ability to manipulate prices by dumping those assets to the market to buy back more of them as soon as the price plummets.

When Whale Alert posted data of large transactions in the past, many users in the comment thread assumed that this is what was happening.

Finally, Whale Alert gave an explanation about these massive transactions.

As reported by U.Today a little earlier, on Thursday, December 5, a similar amount (almost $9 bln) in Bitcoin was transferred within just one hour. That was called the largest BTC transaction in history.

However, the process also proved to be crypto exchanges sending fundsto each other for security reasons.

A crypto analyst @themooncarl, when commenting on some of those BTC movements (slightly over $1 bln), said that the fee which had to be paid for that totaled just $6,40. No banks would be able to compete with that.

In the comment thread, aBitcoin fanpointed out that XRP would be unable to transfer so much money for lack of liquidity and due to being centralized.

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Almost $9 Bln in Bitcoin Transferred, Reports Whale Alert, XRP Can't Do That, Bitcoiner Says - U.Today

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The North American Bitcoin Conference Returns – Bitcoin News

Pioneering crypto conference announces high-power, enterprise-savvy lineup.

On January 16 and 17, 2020, the global Bitcoin and blockchain community will meet in Miami for the seventh year running to create the future of the industry. The North American Bitcoin Conference (TNABC) has hosted 20,000 attendees since 2013 and the ongoing show of support and community convergence from around the world continues to propel cryptocurrency from niche to mainstream.

A key focus of the 2020 conference is enterprise and global adoption, delving into the commercial potential of blockchain. Attendees can also expect the traditional South Beach launch night to mingle with highly sought-after, international crypto names.

TNABC has announced a lineup of over 60 world-class presenters, including technology veterans and founders of companies transforming finance across the globe.

The second round of speakers includes:Francis X Suarez City of Miami, MayorBobby Lee Ballet, Founder & CEOKathleen Breitman Tezos & Coase, Co-Founder Jon Najarian Market Rebellion, Co-Founder Bill Barhydt Abra, CEOBrock Pierce Blockchain PioneerAndrew Flip Filipowski Fluree, Co-FounderColleen Sullivan CMT Digital, Partner and CEOStefan Rust Bitcoin.com, CEOJenna Pilgrim Streambed, CEOPerianne Boring Chamber of Digital Commerce, Founder

The two-day conference has announced further partnerships with VeriBlock, BnkToTheFuture and CryptoCurrencyWire. TNABC will focus on themes of investment, blockchain enterprise, legal implications and regulation, and how decentralization is disrupting international supply chains. TNABC has hosted crypto events in Miami for seven years and continues to give voice to the city as a LATAM-US crypto hub, with an innovative lineup, guest appearance from the Mayor and multiple satellite events.

Miami Blockchain Week 2020 will begin with an extra special installment of community meetup CryptoMondays at Bitcoin Center Miami and feature a job fair run by international student volunteers running alongside the the TNABC conference. A hackathon and executive dinners round out the highlights of the week.

Keynotes founder Moe Levin says, This conference comes at a pivotal time, as innovation forces us all to make wise investing decisions. With an influx of new opportunities and new blockchain applications, Keynote wants to give our attendees the opportunity to meet the people and products theyll be investing in and get a better understanding of the fast-expanding blockchain ecosystem. Were also excited for our attendees to meet and interact with our sponsors and exhibitors, who number among the greatest blockchain companies active at the moment.

Tickets are available now at (btcmiami.com/tickets)

For Sponsorship and Exhibiting information please email amy@keynote.ae

About KeynoteKeynote was launched in 2012 by blockchain strategist Moe Levin. Further information and details about Keynote can be found at keynote.ae

For media inquiries, please contact lyndsey@keynote.ae

Supporting Linkhttps://www.btcmiami.com

Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies.

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Crowd Funding Size, Growth, Analysis Of Key- players Types And Application, Outlook 2025 – 101Newsindustry

The Crowd Funding research report is a valuable source of data for business strategists. It provides the Crowd Funding overview with growth analysis and historical and futuristic cost revenue demand and supply data. The research analysis provides an elaborative description of the value chain and distributor analysis.

Request Sample Copy of This Report: @https://99marketresearch.com/global-crowd-funding-market-size-status-and-forecast-2019-2025/172633/#Free-Sample-Report

The Crowd Funding market study provides comprehensive data that enhance the understanding, scope and application of this report.

The report provides a basic overview of the industry including definitions and classifications. The Crowd Funding analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

Prominent players of Crowd Funding market:

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc):

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

This report studies the Crowd Funding status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyses the top players in global market, and splits the Crowd Funding By product type and applications/end industries.

Read Detailed Index of full Research Study at @ https://99marketresearch.com/global-crowd-funding-market-size-status-and-forecast-2019-2025/172633/

To comprehend 2018-2026 Crowd Funding dynamics in the world mainly, the worldwide 2018-2026 Crowd Funding is analyzed across major global regions. Crowd Funding Also provides customized specific regional and country-level reports for the following areas.

North America: United States, Canada, and Mexico.

South & Central America: Argentina, Chile, and Brazil.

Middle East & Africa: Saudi Arabia, UAE, etc

The study objectives of this report are:

To study and forecast the market size of Crowd Funding

To analyze the global key players, SWOT analysis, value and global market share for top players.

To define, describe and forecast the market by type, end-use and region.

To analyses and compare the market status and forecast among global major regions.

To analyses the global key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting market growth.

TOC-

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Customization of the Report:This report can be customized to meet the clients requirements. Please connect with our sales team ([emailprotected]), who will ensure that you get a report that suits your needs.

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Quantum Trends And The Internet of Things – Forbes

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As a new decade approaches, we are in a state of technological flux across many spectrums. One area to take note of is quantum computing. We are starting to evolve beyond classical computing into a new data era called quantum computing. It is envisioned that quantum computing (still in a development stage) will accelerate us into the future by impacting the landscape of artificial intelligence and data analytics. The quantum computing power and speed will help us solve some of the biggest and most complex challenges we face as humans.

Gartner describes quantum computing as: [T]he use of atomic quantum states to effect computation. Data is held in qubits (quantum bits), which have the ability to hold all possible states simultaneously. Data held in qubits is affected by data held in other qubits, even when physically separated. This effect is known as entanglement. In a simplified description, quantum computers use quantum bits or qubits instead of using binary traditional bits of ones and zeros for digital communications.

There is an additional entanglement relating to quantum, and that is its intersection with the Internet of Things (IoT). Loosely defined, the Internet of Things (IoT) refers to the general idea of things that are readable, recognizable, locatable, addressable, and/or controllable via the Internet. It encompasses devices, sensors, people, data, and machines and the interactions between them. Business Insider Intelligence forecasted that by 2023, consumers, companies and governments will install 40 billion IoT devices globally.

As we rapidly continue to evolve into the IoT and the new digital economy, both edge devices and data are proliferating at amazing rates. The challenge now is how do we monitor and ensure quality service of the IoT? Responsiveness, scalability, processes, and efficiency are needed to best service any new technology or capability. Especially across trillions of sensors.

Specifically, quantum technologies will influence: optimization of computing power, computing models, network latency, interoperability, artificial intelligence (human/computer interface), real-time analytics and predictive analytics, increased storage and data memory power, secure cloud computing, virtualization, and the emerging 5G telecommunications infrastructure. For 5G, secure end-to end communications are fundamental and quantum encryption (which generates secure codes) may be the solution for rapidly growing IoT connectivity.

Security of the IoT is a paramount issue. Currently cryptographic algorithms are being used to help secure the communication (validation and verification) in the IoT. But because they rely on public key schemes, their encryption could be broken by sophisticated hackers using quantum computers in the not so distant future.

On the other side of the coin, quantum computing has the ability to create an almost un-hackable network of devices and data. The need to securely encrypt and protect IoT connected devices and power them with exponential speed and analytical capabilities is an imperative for both government and the private sector.

As quantum computing and IoT merge, there will also be an evolving new ecosystem of policy Issues. These include, ethics, interoperability protocols, cybersecurity, privacy/surveillance, complex autonomous systems, best commercial practices.

As quantum computing capabilities advance, we should act now to prepare IoT for the quantum world. There are many areas to explore in research and development and eventually implementation. The coming decade will provide both imperatives and opportunities to explore quantum implications.

Chuck Brooks is a globally recognized thought leader and evangelist for Cybersecurity and Emerging Technologies. LinkedIn named Chuck as one of The Top 5 Tech People to Follow on LinkedIn. He was named by Thompson Reuters as a Top 50 Global Influencer in Risk, Compliance, and by IFSEC as the #2 Global Cybersecurity Influencer in 2018. He is also a Cybersecurity Expert for The Network at the Washington Post, Visiting Editor at Homeland Security Today, and a Contributor to FORBES.

Chuck Brooks, is also Chair of the IoT and Quantum Computing Committee of Quantum Security Alliance. Quantum Security Alliance was formed to bring academia, industry, researchers, and US government entities together to identify, define, collaborate, baseline, standardize and protect sovereign countries, society, and individuals from the far-reaching impacts of Quantum Computing.

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Quantum supremacy is here, but smart data will have the biggest impact – Quantaneo, the Quantum Computing Source

Making fast and powerful quantum computing available through the cloud can enable tasks to be processed millions of times faster, and could shape lives and businesses as we know it. For example, applications using quantum computing could reduce or prevent traffic congestion, cybercrimes, and cancer. However, reaching the quantum supremacy landmark doesnt mean that Google can take its foot off the gas. Rather, the company has thrown down the gauntlet and the race to commercialize quantum computing is on. Delivering this killer technology is still an uphill battle to harness the power of highly fickle machines and move around quantum bits of information, which is inherently error-prone.

To deliver quantum cloud services, whether for commercial or academic research, Google must tie together units of quantum information (qubits) and wire data, which is part of every action and transaction across the entire IT infrastructure. If quantum cloud services get to the big league, it will still rely on traffic flows based on wire data to deliver value to users. This raises a conundrum for IT and security professionals who must assure services and deliver a flawless user experience. On one hand, the quantum cloud service solves a million computations in parallel and in real time. On the other hand, the results are delivered through wire data across a cloud, SD-WAN, or 5G network. It does not matter if a quantum computer today or tomorrow can crank out an answer 100 million times faster than a regular computer chip if an application that depends on it experiences performance problems or a threat actor is lurking in your on-premises data centre or penetrated the IT infrastructure first and last lines of defence.

No matter what the quantum computing world will look like in the future, IT teams such as NetOps and SecOps will still need to use wire data to gain end-to-end visibility into their on-premises data centres and cloud environment. Wire data is used to fill the visibility gap and see what others cant; to gain actionable intelligence to detect cyber-attacks or quickly solve service degradations. Quantum computing may increase speed, but it also adds a new dimension of infrastructure complexity and the potential for something breaking anywhere along the service delivery path. With that said, reducing risk therefore requires removing service delivery blind spots. A proven way to do that is by turning wire data into smart data to cut through infrastructure complexity and gain visibility without borders. When that happens, the IT organization will fully understand with precise accuracy the issues impacting service performance and security.

In the rush to embrace quantum computing, wire data therefore cannot, and should not, be ignored. Wire data can be turned into contextually, useful smart data. With a smart data platform, the IT organization can help make quantum computing a success by protecting user experience across different industries including automotive, manufacturing and healthcare. Therefore, while Google is striving for high quality qubits and blazing new quantum supremacy trails, success ultimately relies on using smart data for service assurance and security in an age of infinite devices, cloud applications and exponential scalability.

Ron Lifton, Senior Enterprise Solutions Manager, NETSCOUT

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Beer With Bella: Tyson Yunkaporta – The New York Times

You can learn a lot about someone from an interview. But can you learn more over a drink? The Australia Letter introduces a new series, Beer with Bella, in which one reporter in the Sydney bureau who hates beer but loves chatting (an unfortunate combination) meets interesting Australians over a drink of their choice.

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________

Tyson Yunkaporta and I did not know where to go and what to drink. For absolutely no reason, we settled on a pub with an outside courtyard in Newtown, a trendy part of Sydney.

But when the author of Sand Talk: How Indigenous Thinking Can Save The World showed up in black jeans and a leather jacket he fit right in. A member of the Apalech Clan and a carver of traditional tools and weapons, Tyson has an aesthetic that is more rocker than scholar. His book, a series of yarns, or conversations, that bring the reader into Indigenous ways of perceiving the world, is thought-provoking and unconventional.

Now, hes ready to yarn with me this afternoon. Over a beer.

I guess you could go with the Ancient Greek idea of the symposium, whether the person who is running the symposium decides how much water to put in the wine, he said.

Will we still be here at 11 oclock at night? Is that what youre saying? I said.

An hour later, we had gone from Indigenous Australian identity to questioning Western culture and, strangely, Vikings.

________

We decided to do as in Rome and went for a local Australian pale ale called the Newtowner.

________

So I guess to start with: Why write this book?

The book represents 20 years of yarns, conversations, and then two years of carving those conversations and knowledge on traditional objects. The writing part thats the easy part. But the knowledge is hard and takes a long time, because of the complexity.

I constantly have to explain the Indigenous point of view. But what if it was the other way? What if it was turning the Indigenous point of view on the world and describing what we see?

With Indigenous knowledge its always a dialogue. The knowledge changes depending on the relationship of the people who are sharing it. Fifty percent of whats in the book is the readers knowledge because its what theyre bringing and what theyre thinking.

Theres no quantum computer that could do the same thing that 10 people sitting around the same sandy circle drawing with sticks could do.

What are the most important messages you want to send about how Indigenous thinking works in a Western world?

You dont need to learn about Indigenous knowledge to be in touch with this. You just have to remember your own. In the systems that were living in, theres a very big collective memory loss. People dont really remember who they are or what theyre supposed to be doing. A lot of people when I talk about Western this and that people assert this idea that they dont have a culture. No, other people have cultures. Everything outside of the West is a culture. But the West itself is neutral.

People say the West isnt a culture to you?

People really assert it.

Its funny. Youre somebody whos living in the system and you dont have a lot of choices in that system. And we need to be looking up rather than sideways and going: Victim victim oppressor evil person hero, classifying ourselves. What do we need to be able to do to free ourselves from this?

What lessons can we learn from Indigenous custodians of the land?

Take Indigenous astronomy: Did you know that Aboriginal people knew that meteorites form craters before Europeans did? Its only a few decades ago that they discovered that in modern science. But weve got Dreaming stories about that. People record these things and then they write it as a paper. Its just Wow. Aboriginal people knew about this. So Aboriginal culture is a lot smarter than we thought. And thats it. O.K., what are we going to do? Astrophysicists need to be sitting down with those old fellas and going into detail in those stories. Tell us the properties of that asteroid.

Their knowledge is respected and even put up on a pedestal a little bit. So its not that its this uncertainty of how to proceed.

In the books introduction, you say you dont want to talk too much about your own story.

You have to tell your whole life story, not just yours but the traumatic story of all your recent ancestors. Its like re-traumatizing yourself over and over and I just find it really interesting thats the main Indigenous genre people want to see and it is just the same story over and over again. And its like, thats all that people want to hear.

Theres a scholar called Martin Nakata whos said, we need to resist the self narrative. He calls it the ubiquitous Indigenous self narrative. Its killing our thought. Its killing our scholarship.

I used to love it. You can wallow in that forever. I found it depressed me in the end, but its also easy. And everybody loves it.

Youre always performing Indigeneity. I try and sabotage myself all the time in that. Ill just destroy it. You know Im not building a brand. Im trying to build a collective base of knowledge and relationships and conversations that might help try to stop the world from dying in the next few decades.

So what keeps you motivated?

It was just the culture and curiosity and just a passion for knowledge and learning. And just relationships mostly , really strong relationships with knowledgeable people. Thats whats motivated me up to this point. At the moment my motivation is just trying to get enough money together to be able to survive this period. Survival is an issue.

Im working on the next novel. Im writing a Viking novel.

Are you? Tell me more. You cant just throw that out.

Its full of black Easter eggs. I love Vikings. You go anywhere, blackfellas love that show, Vikings.

________

Yummy, according to Tyson.

Cold, bitter, and oddly refreshing like every beer, according to myself. We have more to say about the freewheeling conversation.

Youre on to something, he said. Free-range yarn. Its a good format. See what falls out.

________

Do you have an idea for who Bella should have a beer with? Send us your suggestions at nytaustralia@nytimes.com. And dont forget to sign up and get the Australia Letter in your inbox.

Enjoying the Australia Letter? Sign up here or forward to a friend.

For more Australia coverage and discussion, start your day with your local Morning Briefing and join us in our Facebook group.

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Why Kubernetes Is the Future of Cloud Computing – Barron’s

The cloud has become a giant profit machine for much of the tech world. Its pushed both Amazon. com (ticker: AMZN) and Microsoft (MSFT) to stratospheric valuations. But the next big thing in the cloud is, ironically, being enabled by a non-profit.

The Cloud Native Computing Foundation (CNCF) is the non-profit foundation that owns the Kubernetes trademark and hosts the Kubernetes open source project. Kubernetes, as Barrons explained recently, is making the cloud far more useful for running cloud-native applications. The Greek word for helmsman or pilot, Kubernetes is accelerating the transition from legacy client-server technology to the cloud.

Last month, more than 12,000 developers and executives gathered in San Diego at the largest annual Kubernetes conference called KubeCon, run by CNCF. Thats up from just 550 attendees four years ago. The developers are looking for ways to take advantage of Kubernetes and its management of containers stored in the cloud. CNCF is a subsidiary of the Linux Foundation, which supports the open-source Linux operating system used in PCs, enterprise servers, and in the cloud.

Containers hold an application, its settings, and other related instructions. The key to the container is that its essentially a free agent, not tied down to one operating system and able to run across different clouds.

Alphabets (ticker: GOOGL) Google long ago developed software called Borg to orchestrate its in-house containers for apps like Gmail and Google Maps, spinning them up and down as needed. In 2014, the search giant opted to make a version of Borg open source, calling it Kubernetes. Today, the major cloud providers all offer a Kubernetes option to customers.

This week, Barrons spoke to Dan Kohn, Executive Director of the Cloud Native Computing Foundation, about the future of Kubernetes.

Heres an edited transcript of our conversation:

Barrons: Whats the history of Kubernetes and the Cloud Native Computing Foundation (CNCF)?

Dan Kohn: The history here is that Google originally created the [Kubernetes open source] project back in 2014. The company brought in developers from a number of other companies Red Hat, IBM (IBM), Huawei and others. They wanted to get more adoption. So they said, who can we transfer the trademark to to ensure that there would be neutral governance around this project and thered be a fair way of deciding to use it for other sorts of things. So they came to the Linux Foundation and the Linux Foundation set up CNCF.

Why is Kubernetes such a sea change in computing, and why has it gained so much traction over the last few years?

The idea behind Kubernetes is to leverage the last decade of innovation. This is where the term container comes in -- the idea that you wrapped each of your microservices into its own container.

Instead of hiring a team of system administrators -- dozens or hundreds of people whose job it is to keep track and to make sure that all of those things are running within the rules -- you program that into software. And then Kubernetes is the platform -- the term is orchestration engine. It is the orchestrator that is making sure that all of your software is running the way its supposed to.

What are the key advantages of Kubernetes versus older models of computing?

There are three big advantages. The first one is resource efficiency, and this is the idea that by breaking up your application into lots of different pieces, running just the way they need to, you can run the same workloads on a smaller number of servers.

Number two is a higher development velocity. When you had one big monolith, its extremely difficult to make changes to it. But when you can break it up into microservices, each team can be responsible for its own part and can have it improve at its own rate. And that allows the whole system to improve much faster.

And the third one is about portability in hybrid cloud -- being able to move your workloads and not being locked into a single provider or a single vendor. Also one of the huge strengths of open source is that you ultimately have control over the technology your businesses rely on.

Are these key advantages of Kubernetes accelerating the trend to cloud native software development and cloud computing in general?

Definitely. Kubernetes ensures that workloads get the resources that they need. Were just seeing that adoption accelerate among our members, and we now have over 130 end user companies using these technologies [and paying dues to the foundation]. So its folks like Apple (AAPL) and Ant Financial, which does Alipay. Its a pretty spectacular group. Were seeing that story of cloud native adoption very consistent between them. [Editors note: Kubernetes is open source, so any company can use it for free without being a CNCF member.]

Who are the top contributors right now who are contributing the most to the Kubernetes project?

Theres 35,000 individual contributors, over 2,000 companies, and 1.1 million contributions. We list the top eight contributor companies - Google, Red Hat, VMware (VMW), Huawei, Microsoft, IBM, Fujitsu and a startup called Weaveworks. Googles contributions continue to go up, but their percentage as a whole has been consistently going down, as all these additional companies have gotten involved.

Thanks for your time, Dan.

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We Need to Talk About Cloud Sprawl – Computer Business Review

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Ensuring timely termination of cloud instances isnt merely crucial to cost-effectiveness

Cloud computing is booming. As revealed by IDG, 90 percent of organisations worldwide will have some aspect of their business operations running on the cloud this year, with the rest expected to catch up by 2021, writes Kevin J Smith, Senior VP at Ivanti.

Interestingly, experts have found that the UK is leading the way in this regard. In a recent report which sorts businesses into four categories based on their cloud adoption rate, Infosys classifies British companies as Torchbearers the most advanced.

Theres no questioning the significant benefits of agility, collaboration and productivity when it comes to cloud computing, and the ability to spin up new cloud environments whenever needed is invaluable. Unfortunately, there can be too much of a good thing.

Gartner observed that less than 30 percent of organisations have a documented cloud computing strategy which is a clear indicator that organisations are splashing the cash on cloud applications without a clear plan to realise ROI. This consequently then leads to the costs and risks associated with cloud sprawl. With cloud computing so crucially functional to digital transformation, what can companies do to better manage their cloud investment and see tangible business outcomes?

Lets start with the basics assessing precisely what the business need is for cloud. In order to effectively plan for cloud spend, organisations need to have clear insight into how its teams are using cloud services, what cloud capacity is needed to continue doing great work, which cloud instances are being used profitably and which are superfluous. A great tool that can help shed light on current cloud use is an IT Service Management (ITSM) solution this is a precious ally which can be leveraged to capture and track all cloud instance requests. As a result, organisations should be able to keep a detailed inventory, with each cloud environments relevant attributes, and maintain it in such a way the landscape profile is constantly updated. These practices may seem tedious but they are the first steps on the journey to better cloud landscape management.

No one likes to be the bad guy and say no however, unrestricted applications are a real money burner. Ensuring IT budgets are being wisely spent means screening requests for cloud environments and sometimes rejecting them. Each new cloud application or platform should undergo a strict approval process. Requests should feature a short business case elaborating on why that particular cloud instance is required, how much it will cost and how it will benefit the business. Leverage identity management tools for access controls and privilege management, including what configurations can be authorised to whom and for how long. Speaking of authority and approvals, a businesss cloud landscape should have an owner in charge of managing cloud environments across their entire lifecycle. It could be an individual, or a group for instance, a Cloud Approval Board. In general, IT leaders should take ownership of these processes as their skills and experience enable them to establish how, for example, a cloud solution can help the company meet one of its business objectives.

As teams continue to create, innovate and ideate, they will inevitably spin up cloud instances for short-term projects and, sometimes, these can be forgotten and left running once the work is completed with the cash register ringing along with them. Thats why establishing preset end dates on all applications is crucial to efficient cloud resource administration. Businesses can simplify this process by deploying an automated solution which can independently enforce end dates based on policies and rights. This is not only functional to containing cloud spend, but also to ensure cloud-related activities dont bypass stakeholders, who in this way can view relevant dashboards and have an overview of all cloud resources whilst running, and not just at the end of the billing cycle. Combining automation with identity management tools can also help ensure cloud-based apps are not running long after the employee who was utilising them has left the business or switched units making those applications irrelevant. Ensuring timely termination of cloud instances isnt merely crucial to cost-effectiveness, it also has a security aspect: automating application control upon staff offboarding serves to prevent security breaches or data thefts which may be caused by unmanaged rogue applications or unauthorised access.

The phenomenon of cloud sprawl is not showing signs of slowing down as experts predict global cloud waste will hit over $14 billion this year. Its time for businesses to improve governance of cloud computing and make sure the resources they invest in fit in with their wider business plan. By forecasting cloud computing needs and erasing redundant cloud costs, companies can preserve budget for new emerging strategic and innovative tasks.

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Cloud computing IaaS in Life Science Market Research, Growth Opportunities, Analysis and Forecasts to 2026 – Statsflash

New Jersey United States, The recent report added by Verified Market Research gives a detailed account of the drivers and restraints in the Cloud computing IaaS in Life Science Market. The research report, titled [Cloud computing IaaS in Life Science Market Size, Analysis and Forecast 2019-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application] presents a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the Cloud computing IaaS in Life Science Market and the current trends that are likely to shape its future. Primary and secondary research methodologies have been used to put together an exhaustive report on the subject. Analysts have offered unbiased outlook on the Cloud computing IaaS in Life Science market to guide clients toward a well-informed business decision.

Global Cloud computing IaaS in Life Science market was valued at USD 946.1 million in 2017 and is projected to reach USD 5,245.31 million by 2025, growing at a CAGR of 32.7% from 2018 to 2025.

The comprehensive research report has used Porters five forces analysis and SWOT analysis to give the readers a fair idea of the direction the Cloud computing IaaS in Life Science market is expected to take. The Porters five forces analysis highlights the intensity of the competitive rivalry while the SWOT analysis focuses on explaining strengths, weaknesses, opportunities, and threats present in the Cloud computing IaaS in Life Science market. The research report gives an in-depth explanation of the trends and consumer behavior pattern that are likely to govern the evolution of the Cloud computing IaaS in Life Science market.

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Key Players Mentioned in the Cloud computing IaaS in Life Science Market Research Report:

Regions Covered in the Cloud computing IaaS in Life Science Market

Cloud computing IaaS in Life Science Market: Scope of the Report

This report provides an all-inclusive environment of the analysis for the Cloud computing IaaS in Life Science Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Cloud computing IaaS in Life Science Market growth

Lastly, Verified Market Researchs report on Cloud computing IaaS in Life Science market includes a detailed chapter on the company profiles. This chapter studies the key players in the Cloud computing IaaS in Life Science market. It mentions the key products and services of the companies along with an explanation of the strategic initiatives. An overall analysis of the strategic initiatives of the companies indicates the trends they are likely to follow, their research and development statuses, and their financial outlooks. The report intends to give the readers a comprehensive point of view about the direction the Cloud computing IaaS in Life Science market is expected to take.

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Table of Content

1 Introduction of Cloud computing IaaS in Life Science Market

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

2 Executive Summary

3 Research Methodology of Verified Market Research

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

4 Cloud computing IaaS in Life Science Market Outlook

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.4 Value Chain Analysis

5 Cloud computing IaaS in Life Science Market, By Deployment Model

5.1 Overview

6 Cloud computing IaaS in Life Science Market, By Solution

6.1 Overview

7 Cloud computing IaaS in Life Science Market, By Vertical

7.1 Overview

8 Cloud computing IaaS in Life Science Market, By Geography

8.1 Overview

8.2 North America

8.2.1 U.S.

8.2.2 Canada

8.2.3 Mexico

8.3 Europe

8.3.1 Germany

8.3.2 U.K.

8.3.3 France

8.3.4 Rest of Europe

8.4 Asia Pacific

8.4.1 China

8.4.2 Japan

8.4.3 India

8.4.4 Rest of Asia Pacific

8.5 Rest of the World

8.5.1 Latin America

8.5.2 Middle East

9 Cloud computing IaaS in Life Science Market Competitive Landscape

9.1 Overview

9.2 Company Market Ranking

9.3 Key Development Strategies

10 Company Profiles

10.1.1 Overview

10.1.2 Financial Performance

10.1.3 Product Outlook

10.1.4 Key Developments

11 Appendix

11.1 Related Research

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Cloud computing IaaS in Life Science Market Research, Growth Opportunities, Analysis and Forecasts to 2026 - Statsflash

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