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The New Paradoxes of the Cloud Computing World – Forbes

Sometimes the greatest truths make no sense. Thats not just a paradox, its also the definition of one.

Finding the truth at the heart of certain contradictions may be the best way to move forward.

Here is a list of paradoxes about the modern world of technology and work. Besides providing work-type entertainment, this list is intended to make a larger point about contending with the great technological changes of our time: When youre in a landscape of technological novelty as dramatically different as ours is from even the recent past (Pocket computer smartphones! Cloud computing! Artificial intelligence!), locating the major landmarks can be a challenge. Some features are too novel to be well comprehended or applied. Language that described the previous world struggles to describe interactions of the new.

Finding the truth at the heart of certain contradictions may be the best way to move forward. Here are some attempts at new ways of seeing, via illuminating paradoxes:

1.The worlds biggest computer is also the most personal.

The big clouds are global computing systems with over a million servers apiece, cleverly networked to represent millions more computers. At any given time, millions and billions of people are diving in and out of these systems, enjoying their email, their version of the internet, their business experience, etc. No two users are the same, and a service like Google Cloud strives to anticipate particular business and personal needssome configured by the user, some utilize artificial intelligence agents that enable people to write and find documents more effectively.

By comparison, servers and PCs, sold individually by the millions, have traditionally deliveredimpersonal experiences. The more individualized experiences that we enjoy through these devices today derive largely from the connection of servers and PCs to the cloud, infusing what was limited and cold with unbounded potential for customization.

2.In a digital world of eternal storage, vanishing analog moments rule.

A couple of years back, I calculated that 100 years ago, it cost about $30 in todays money both to see the opera star Enrico Caruso and to buy one of his records. These days, recorded music is basically free on YouTube or other services, and the average price of a ticket for Springsteen on Broadway was almost $1,800 on the open market.

I believe that the reason for this, and the reason for the explosion of conferences and live business events, is that as the number of digital moments has exploded, authentic human moments have become relatively scarce. Adding to the irony, we are seeing smart ways companies are using digital technology to make the human experience more vivid, like when a sports company offers an app for a better experience navigating a sports stadium.

This observation brings me to the next paradox.

3.The jobs are going! Here come the jobs!

Theres significant concern that millions of people will have their lives turned upside down by robots and artificial intelligence (AI). Maybe so, though predictions are mixedthis well-researched McKinsey study projected both major job losses and major job gains.

While weve seen some robots doing relatively simple tasks, like moving things around warehouses, the impact on manual labor so far has been relatively smalland for good reason. Jobs like mowing a lawn or driving a truck turn out to require a lot of contextual judgement.

Meantime, the Bureau of Labor Statistics says there are now about 357,000 personal trainers in the U.S., and the category is expected to grow at 13% over the next decade, faster than the average job. There are 160,000 massage therapists, growing at 22%. And 55,000 marriage and family therapists, growing 22%. You get the picture: Were putting more money toward people who look at us, touch us, and listen to us the way machines dont.

And thats before we get to the jobs that didnt exist 15 years ago: drone pilot, mobile app developer, social media manager, machine learning specialistyou get the idea.

4.Specialize, especially by focusing on general relationships.

In our new data-centric world, software developers who are also experts in a companys core business are often highly valued. Thats because connected products, the digital expression of that core business, now collect information about the products performance in real time, and developers can build in adjustments based on user demands or changing market conditions.

As AI becomes more important, domain-specific data plays an increasingly critical role in how products are built and optimized. The most successful developers have not just the domain expertise of a specialist, but an understanding of what data around that domain matters most, how its collected, and how to keep it free of bias. Its the reason that big technology companies increasingly employ experts in healthcare or transportation or retail, for example, rather than simply hiring engineers with generalized skill sets. No data stands alone, and how things relate matters too.

5.Information is easy. Questions are hard.

A related point to the above: AI can move through unimaginable amounts of data, finding previously unknown patterns and insights. That doesnt mean the patterns are valuable, as this entertaining chart shows. If you take all of your companys data, petabytes of it, and only focus on demanding that it make you more money, youre likely to end up with garbage.

Ask specific questions, however, prioritized based on a companys core competitive advantages and the best-quality data, and youll likely get the most useful results. This can be difficult, but is critically important to deriving real value from data.

6.The only certainty is approximation.

Im lifting this one from an observation by Jeff Dean, the head of Googles research and AI efforts. He notes that advanced AI, like deep learning, doesnt indicate decisions based on certainty, but on likelihood (what he terms gradient points in the direction of improvement). Moreover, given the many layers and sequences of a deep learning system, sometimes its hard to figure out exactly how the system came to its conclusion. Its a machine that isnt always good at explaining itself, unlike, say, a car engine, which can be observed and understood with a lot of certainty (a little bit of gasoline is ignited by a spark plug, causing a piston to move).

In a world increasingly dependent on statistical approximation, many of our existing legal and social rules, which are premised on an illusion of certainty, may be challenged.

7.In an uncertain new world thats full of cutting-edge technology, the best advice can be found in an 85-year-old religious poem.

T.S. Eliot nailed our situation in one of the choruses from The Rock: They constantly try to escape / From the darkness outside and within / By dreaming of systems so perfect that no one will need to be good.

In other words, no matter how much we understand and perfect the world, well all still have the hard work of trying to be good. Machines dont fix that.

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The New Paradoxes of the Cloud Computing World - Forbes

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Andy Jassy’s 12 Boldest Remarks On The Future Of Cloud Computing – CRN: The Biggest Tech News For Partners And The IT Channel

Its still the very early days of cloud adoption, and Amazon Web Services CEO Andy Jassy says AWS channel partners should prioritize customers long-term success over any short-term gains for themselves to build sustainable businesses.

There is so much opportunity for all of us if we can make sure that we get deep in the cloud and in the services, that we give the right advice to customers, we make sure that we focus on what matters most to customers, Jassy told CRN. If you do right by customers over a long period of time, the business usually follows as well.

CRN sat down with Jassy in October for an exclusive interview at AWS headquarters in Seattle, where he shared his thoughts on the future of cloud computing, including whats driving public cloud adoption, the cloud cost equation, AWS customer base, the AWS Partner Network and AWS new channel chief. He also addressed where partners should be channeling their investments, AWS market-leading position and competition, the U.S. Department of Defenses Joint Enterprise Defense Infrastructure (JEDI) contract and Oracle among other topics.

We're still at what I think of is the early stages of the meat of enterprise and public sector adoption in the U.S., Jassy said. Outside of the U.S., they're about 12 to 36 months behind, depending on the industry or the country. We're still at the beginning of this titanic shift to the cloud.

Heres some more of what Jassy had to say.

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Andy Jassy's 12 Boldest Remarks On The Future Of Cloud Computing - CRN: The Biggest Tech News For Partners And The IT Channel

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The importance of Cloud Computing for the Utility Industry – Doxee

Switching to Cloud Computing means, first and foremost, exponentially increasing computing power and storage space. This is accompanied by a significant reduction in costs. The cloud is a decisive move to on-demand and pay-per-use, without the need for costly investment in hardware, software (which becomes available in an as-a-Service mode), or data centers.

Then there are the enormous benefits of flexibility and scalability, which are especially relevant in the current environment.These are just some of the advantages of cloud computing. To go deeper into this topic, check out our recent post.

No matter the sector, the cloud has had a major, like no other technology in the current landscape.

In this post, we will focus on the Utility Industry, a large sector that is important for the economy at large, but also for the individual customer, who is also experiencing a phase of unprecedented transformation in recent years.

The Utilities and Energy industry is in a period of unprecedented change.First of all, the market has opened up to new players, who have a smart approach that is increasingly attentive to all aspects and benefits of digital. This has influenced the processes and brand identities of even the most established companies in the sector.

In this sense, the new challenges involve marketing and customer care professionals, two areas that are now more related than ever, especially when it comes to services such as electricity, gas, water, Internet, and telephony that have a real impact on the lives of customers.

At the same time, there have also been great changes in the sensitivity of public opinion (and therefore in the audience of potential customers). Today, the focus is on energy efficiency and environmental sustainability. Individual customers are becoming more and more informed: they demand clarity, transparency, and ease of dialog with the companies.

In a recent Bain & Company analysis, it was found that winning a new customer costs between 6 and 7 times more than retaining one. The real driving force behind this paradigm shift has been (and will continue to be) digital transformation, which has made these changes possible. And if were talking about digital today, this also means (and in some ways above all) that were talking about Cloud Computing.

Think about the possibilities of personalization and one-to-one dialog; it is thanks to digital and to cloud-based data-driven optics that this approach, can be put on track even for endless audiences.

For this reason, a company like Doxee, which has personalization and cloud-based services at the center of its business, has been included by CIOReview in its list of the 20 most promising technologies for the world of Utilities in 2018.

We conclude this section by reporting a quote from Isabelle Kocher, CEO of Engie, one of the 10 most important companies in the global Utilities and Energy sector: The word transition falls short of the change that we are witnessing: we are facing a real revolution.

We have also seen it above: the challenges facing the Utilities sector are many and they are complex. In addition to the challenges of digital transformation, there are also the following:

Added to this are cutting-edge themes such as the internet of things (IoT) and blockchain technologies. All of these trends will increasingly rely on high performing and carefully designed Cloud Computing services.

But we dont have to look too far into the future. According to the most updated estimates, the Utilities sector, as a whole, will invest about $4 billion in public cloud services in 2019 alone. And when there are such large investments, companies see even greater possible benefits. This is a certainty.

Now we will take a closer look at these advantages, which we will summarize in five points.

Cloud services are based on on-demand and pay-per-use optics. The consequence is that, by exploiting them, utility companies can contain both Capital Expenditures (CAPEX) and Operating Expenditures (OPEX).Moreover, this reduction is accompanied by an improvement in performance.

Another consequence of the move to Cloud Computing systems is the exponential increase in flexibility and scalability. This means lower investments, with less risk with the possibility to increase or decrease computing power or storage capacity when you need. To get the most out of this flexibility, the most suitable solutions could be Multi-Cloud or Hybrid Cloud.

GTM Research has estimated that, for Utilities companies data analysis investments will grow from $700 million in 2012 to about $3 billion in 2020, an expected increase of more than 400%. Again, these are large investments driven by even greater possibilities for economic return.

Analyzing a large amount of data means knowing as much as possible about your audience of users, segmenting them into clusters, to increase engagement and loyalty with targeted and tailored actions (lowering the churn rate, which we will return to in the next point). Collecting such an impressive amount of data, from an omnichannel point of view, Cloud Computing systems are essential.

Today, moreover, it is possible to go beyond segmentation and aim at individuals, thanks to personalization. This is a strategy that some of the most important companies in the sector, such as Enel or Engie, have already put on track, relying on the specialized services of a company like Doxee.

The effectiveness of addressing each person in a different way, based on their characteristics, is something that can be easily understood. Take this data into consideration:

In the previous point, we discussed the importance of collecting and analyzing big data, right up to the frontier of customization. We can push the limits a little further and put in place strategies for the analysis of data in real-time: this is what we mean beyond the technicalities with real-time reporting.

Real-time reporting, based on an efficient Cloud Computing architecture, will be one of the most powerful weapons for companies to get to know their users even better, to interact with them in the right time and in the right way, and to reduce the churn rate, or the rate of abandonment. This is one of the main problems of the sector, which has become more urgent than ever in the current open market.

According to the Customer Experience Impact Report, 89% of the users have turned to a competitor due to problems in the customer experience.

Thanks to Cloud Computing, the power of computing, analysis, storage, and collection of valuable data increases significantly. The natural consequence is a parallel surge in the importance of security systems. With the introduction of GDPR (General Data Protection Regulation), these aspects have become even more urgent.

Cloud system providers are well aware of this, which is why they are unbeatable, even in this respect. In fact, they have a capacity for updating and attention to threats on all possible fronts of both internal and local systems.

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Animal Logic promotes cloud computing as democratizing the future of animation – Mash Viral

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Animal Logic technology director Darin Grant has detailed the speed with which animation creatives can expect to produce in the future, noting that leveraging the cloud does not mean that a movie can end faster or a date is presented launch, but that is the advantage. Give it to the team.

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The key advantage of the cloud for animators, Grant said, is flexibility in scale.

"A few years ago, when the company analyzed the resources in the cloud, we felt that the economy made no sense locally in the region but now when we have a single-digit latency in the data center, the region is now just an obvious one, "he said.

"This idea of flow engineering flow or artistic flow in the past, before there were cloud services, we had to buy fixed assets for our render farm and as an animator, you would animate a shot with Peter Rabbit on and press a button and you would wait and look at your watch, you would go for coffee, and then you would get it back and you could interact after that, that could be five, 10, 30 minutes.

"Imagine if you could reduce that waiting time so people could stay in the flow."

He said that is what the cloud has allowed Animal Logic to do.

"We can climb horizontally very quickly. In a microscale, it allows people to remain in the creative zone," he said.

"In a large-scale movie (for) animated films, you can delay creative decisions as much as possible. Some may feel that it is inefficient that is true if you are absolutely certain that this is the movie you want to make. In our industry, there are big bets on these hugely successful films on a large scale; studios want to make sure they can evaluate and see them and get results, swing and change.

"Since we are animated movies and everything is computer generated, we have the flexibility to bring some of those creative options to the end."

Animal Logic is an animation and visual effects firm based in Sydney with a feature film curriculum, ranging from Babe to The Great Gatsby, animated penguins dancing in Happy Feet and The Lego Movie franchise.

The company has existed for 28 years, initially focusing on visual effects.

Speaking to ZDNet during Amazon Web Services (AWS) re: Invent in Las Vegas on Tuesday, Grant said the cloud has democratized the animation industry a bit.

"From the perspective of the product, it allows us flexibility: just as a movie like Matrix for Hollywood was needed to present itself to the talent group that was in Australia, there are talent groups available in all parts of the world and to allow those talents in Any place to be able to work on the same great movies we are working on in New South Wales right now is a key reason why the cloud exists, "Grant said.

"You see some opportunities that have happened, Amazon in particular bought a company called Nimble Collective and has the idea of building a pipe, an animation studio in the cloud and when you see that, and you see that it allows people without the giant workforce that we have and years and years of infrastructure and development that we have had to achieve a certain level of automation, that is quite exciting. "

Recently, the company decided to adopt AWS as its cloud provider for visual effects and animation rendering. He has been working with the company for about 12 months, Grant said.

Specifically, the studio is using AWS to support the delivery of the hybrid live action and animation feature, Peter Rabbit 2, which will be released on April 3, 2020.

Through the use of specific instances of AWS Elastic Compute Cloud (EC2), Grant said Animal Logic can quickly scale capacity both up and down as its demand changes.

Animal Logic built a fully automatic and elastic rendering farm, a high-performance processing system that offers computer-generated images and videos on AWS.

It works together with the internal Render Pipeline Manager of the studio to dynamically respond to changes in production requirements, resulting in 50% faster rendering performance than your current local kit.

Animal Logic also uses a combination of AWS EC2 Spot Instances and AWS Direct Connect, which is a service that provides the studio with a dedicated network connection from its Sydney studio to AWS.

"The often unpredictable nature of movie production means that we cannot always plan what IT resources we will need," Grant said.

Asha Barbaschow traveled to re: Invent as an AWS guest.

How Animal Logic rebuilt its storage for the production of & # 39; The Lego Movie & # 39;

The animation and visual effects firm turned to Dell EMC to manage the large amount of data created during the making of The Lego Movie, a film that reached a maximum of 345 terabytes.

Animal Logic begins content backup with Alibaba Cloud

Alibaba Cloud will now support Animal Logic backup requirements, especially during peak periods where 150 TB of data is generated in a 24-hour period.

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Cloud Computing in Education Market: Competitive Landscape and Recent Industry Development Analysis 2017 – 2025 – Weekly Spy

Global Cloud Computing in Education Market Analysis

The recent report published by TMRR on the global Cloud Computing in Education market is an in-depth analysis of the overall prospects of the Cloud Computing in Education market in the upcoming years. The data collected from credible primary and secondary sources is accurately represented in the report backed up by relevant figures, graphs, and tables. The report includes a quantitative and qualitative analysis of the various aspects of the market by collecting data from the key participants in the Cloud Computing in Education market value chain.

The report reveals that the global Cloud Computing in Education market is set to grow at a CAGR of ~XX% over the forecast period (2019-2029) and surpass the value of ~US$XX by the end of 2029. The presented study also includes a thorough analysis of the micro and macroeconomic factors, regulatory framework, and current trends that are expected to influence the growth of the Cloud Computing in Education market during the assessment period.

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Vital Information Enclosed in the Cloud Computing in Education Market Report:

Important Queries Addressed in the Report

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Cloud Computing in Education Market Segmentation

The market study put forward by TMRR segments the global Cloud Computing in Education market to offer a microscopic understanding of the various aspects of the Cloud Computing in Education market. The Cloud Computing in Education market is segmented on the basis of region, product type, end-user, and more.

The study offers a Y-o-Y growth projection of each market segment and sub-segment over the stipulated timeframe of the study.

segmentation pattern which introduces classification criteria such as deployment model, service model, and end user.

The global cloud computing in education market report is a crucial guide for businesses wanting to ensure a visible progress in the industry. With customizations procured as per the needs of the interested parties, the publication holds the potential to rightly direct the existing as well as budding players to penetrate the global market.

Global Cloud Computing in Education Market: Trends and Opportunities

Across the world, the cloud computing in education market is anticipated to gain a strong impetus due to the elevating adoption of the technology in higher education and K-12. For the forecast period, higher education is predicted to mark a larger share in the global market amongst other end users. The domination of this possible end user segment could continue until the end of the forecast period.

Since most end users prefer the services offered by platform as a service (PaaS) providers, this service model market is expected to gain traction over markets in the category. The important change in the cloud ecosystem is principally attributed to the implementation of PaaS. However, software as a service (SaaS) is foreseen to hold a significant percentage of share in the global cloud computing in education market.

Owing to the amplified number of security features offered at a reasonable price, the community cloud as a probable deployment type segment is foretold to grasp a marked share in the world cloud computing in education market.

Global Cloud Computing in Education Market: Regional Outlook

Specifically in the developed countries of Canada and the U.S., the demand for cloud computing in education is prognosticated to move levels higher as they look to ride on the elevating focus on production innovations. Most innovations in this field are judged to receive a strong push from the rigorous research and development activities performed in the cloud computing sector. As a result, North America is expected to leave no doubts in the minds of the research analysts for coming forth as a larger revenue holder in the global cloud computing in education market.

The Asia Pacific market is forecasted to be propelled by the shift toward cloud solutions for sophisticated services such as tracking, sharing, and collaborating sundry variants of a document. Much of this demand is expected to birth from end users such as universities and schools.

There could be a few challenges that the top regions of the cloud computing in education market could face, i.e. rigidly designed cloud-based systems and account management and data protection risks. Nevertheless, such constraints are estimated to lose their effect eventually with the advent of momentous opportunities such as developing potential markets, employment of adaptive cloud services, and application of cloud-based enterprise resource planning (ERP) systems.

Global Cloud Computing in Education Market: Companies Mentioned

Among others, the sovereign brands operating in the worldwide cloud computing in education market could be Ellucian, Amazon Web Services, NetApp Inc., NEC Corporation, Microsoft Corporation, VMware Inc., IBM Corporation, Cisco System Inc., and Adobe System Inc. With the intention of popularizing their offerings at a global platform, the major vendors in the market are envisaged to take advantage of acquisitions and mergers and inauguration of novel products.

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Breaking Down Amazon’s Storage-Related AWS News Announcements – ITPro Today

As AWS re:invent gets into full swing, its a good time to examine some of the announcements Amazon made ahead of the conference. Not surprisingly, many of these announcements were related to the evolution of storage offerings on the AWS platform. Here's what it all means.

The most significant of Amazons storage-related announcements were tied to its AWS Storage Gateway, which allows you to provide your on-premises resources with access to storage in the AWS cloud. Many organizations use the AWS Storage Gateway in conjunction with their backup and disaster recovery efforts, thereby allowing backups to be saved in the cloud.

The AWS Storage Gateway exists in the form of an on-premises virtual machine or physical appliance. The gateway acts as a proxy, redirecting storage requests to the Amazon cloud. The gateway supports three different roles, including Tape Gateway, File Gateway and Volume Gateway.

Amazon has also recently announced high availability for gateways that are hosted on VMware hosts. While VMware has long offered high availability for virtual machines, Amazon is augmenting that capability with session-level high availability. If a service interruption should occur, the gateway is designed to recover in less than 60 seconds. During this time, sessions will remain connected, and applications that depend on those sessions should continue to function normally, aside from a brief pause during the outage.

Another welcome announcement is that Amazon has improved its Cloud Storage Gateways read performance. While there is no word yet on just how much of a performance boost can be expected, Amazon says that virtual tape library read performance will improve, and that file gateway performance will also improve for read operations and directory query operations.

Amazon is also introducing additional maintenance options for its Storage Gateway, particularly with regard to the way that updates are applied. Administrators will finally have the ability to schedule the installation of feature updates in a way that meets their needs. Mandatory security updates will still be applied automatically, as they become available.

Finally, Amazon is linking its AWS Storage Gateway to Amazon CloudWatch. This will give administrators access to cache performance data and other metrics.

There were, of course, many other storage-related announcements that are not directly related to the AWS Storage Gateway. For instance, Amazon has announced that it is introducing a Fast Snapshot Restore feature for its Elastic Block Store. This will allow for almost instant recovery of Elastic Block Store volumes.

In addition, Amazon has made some major announcements pertaining to its FSx file systems. Amazon FSx is a service that is designed to bring fully managed, third-party file systems to the cloud. Amazon FSx comes in two different flavors: Amazon FSx for Windows File Server and Amazon FSx for Lustre (which is used for compute intensive workloads).

The recent FSx announcements pertain to FSx for Windows File Server. Amazon FSx for Windows File Server is built on top of Windows Server, and is designed to provide file storage for applications that need SMB storage and an NTFS file system. The platform also provides Active Directory integration and fully supports Microsofts Distributed File System (DFS).

Although Amazon FSx for Windows File Server is already a very capable platform, Amazon is enhancing it in several ways. Among other improvements, Amazon is adding support for user storage quotas. It is also introducing data deduplication capabilities. Although specific information is not yet available, Amazon is also going to allow users to create smaller SSD file systems than were previously allowed.

Amazon has also announced that it is introducing a task scheduling feature for AWS DataSync. This new feature will allow changes to the data to be asynchronously copied from the data source to a destination in another region on a scheduled basis. Amazon customers will be able to run such tasks on an hourly, daily or weekly basis, or they can create their own custom schedules.

Finally, Amazon made a number of smaller announcements related to its various storage-related services. For example, Amazon is going to be providing a service level agreement (SLA) for S3 (the companys object storage platform) replication. There will also be a way for customers to monitor the replication process.

Another minor announcement is that Amazon is going to be launching a free training course for AWS Snowball Edge.

Stay tuned to ITPro Today for more AWS-related announcements--and what they mean--as re:invent continues through Dec. 6.

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Cloud Computing Market Poised for Steady Growth in the Future 2019 – 2028 – Weekly Spy

The Cloud Computing market intelligence report from TMR is a valuable tool that enables vendors to identify growth avenues, and strategize for launch of products and services. These findings help businesses pave way in a crowded business landscape, and make way into the future with confidence. The Cloud Computing market report depicts the current & future growth trends of this business and outlines geographies that are a part of the regional landscape of the market.

The analysis and research team at TMR enables customization of Cloud Computing market report for any market study. Our experienced research analysts will understand your exact business requirement and provide the most pertinent report for competitive gains.

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The Cloud Computing market report analyzes the historical data from 2014-2019 as well as the present performance of the market and forecast 2019-2024 to make predictions on the future status of the market on the basis of analysis. The report further illuminates details regarding the supply and demand analysis, market share, growth statistics and contributions by leading industry players. While citing a brief analysis of the Cloud Computing market, this study report has presented the current scenario of this business space along with a specialized concentration on the industry.

About The Cloud Computing Market:

The market research report on Cloud Computing also offers valuable insights into key business strategies employed by established players, along with impact of these strategies on future business landscape.

The intelligent research study contains numerical data related to services and products. In addition, the report presents a detailed outline of the marketplace and alongside the numerous developments prevailing across the industry. The Cloud Computing market can be divided based on product types and their sub-type, key applications, and major regions. The research study will give the answer to questions about the present performance of the Cloud Computing market and the competitive scope, opportunity, challenges, cost and more.

Market segments and sub-segments

The regional analysis covers:

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industrys value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

Note: Although care has been taken to maintain the highest levels of accuracy in TMRs reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Moreover, the research study clarifies the estimates of the market chain with respect to substantial parameters like the Cloud Computing market chain structure alongside details related to the downstream industry. The report contains a detailed synopsis of this business space in accordance with the macroeconomic environment analysis as well as macroeconomic environment development trends globally.

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AWS and Verizon partner on 5G edge cloud computing – Data Economy

Countless presentations, articles and research papers propose use cases for edge computing today.

The authors of these propose everything from supporting billions of smart devices to reshaping the very plumbing of the internet itself, and many of these ideas and concepts hold significant promise for the future. However, use cases that can be put into practice today are extremely important, as they help advance the economic and technical elements driving the adoption of edge computing, ensuring the infrastructure needed to support other uses is created.

Luckily, there is no shortage of interestingand valuable use cases that are being readily explored today at the edge. As isdescribed below, these uses cases range from what could be referred to asinfrastructure transformation, where edge computing is used to augment orreimagine the underlying systems upon which many edge use cases may be built,to more specific activities such as supporting the use of autonomous drones andother low-latency devices that require new edge resources.

There are many different types of edgecomputing. However, this article focuses on what is known as infrastructure edge computing, asdefined in the Open Glossary of Edge Computing. This modelpositions elastic, cloud-like compute, storage and network resources as closeas possible to their users on the operator side of the last mile network, whetherthat network itself is wireless or wired, to provide scalable low-latencyoperation for a range of use cases.

The three use cases described below representsome of the most promising edge deployments of today. They are being activelydeployed at the edge by a range of companies, both large and small, establishedand emerging. What they all have in common is their reliance on robust edgecomputing infrastructure to make them a true reality:

For any vehicle, whether operating on land, inthe air or at sea, rapid decision-making ensures safe and reliable operation.Machines are capable of many things, but their ability to interpret potentialissues in the real world is far more limited than our own. In the case of fullyautonomous drones operating Beyond Visual Line of Sight (BVLOS), the targetlatency between the drone and its control applications is under 10 ms. Becausea drone has serious weight constraints, the most robust autonomous controlsnecessitate the use of infrastructure edge computing, where decision-supportapplications such as telemetry, collaborative processing and radar can bedelivered within this tight latency limit. The alternatives are unsafe,inefficient or manual operation.

In many cases, in todays legacy environments,the traffic that a device sends to the internet may take a long andcircuitous path, adding unnecessarytransport costs and latency. For example, data communication between two devices in the same city may, infact, traverse long distances, often spanning multiple states in the UnitedStates, before it reaches its destination. This is due to the way telecomsnetworks have been built, utilizingcomparatively few points of centralized aggregation that are able to exchangedata between networks. These Internet Exchange (IX) points are vital to theoperation of the internet, but in many emerginguse cases require a new and complementary entity, the Edge Exchange (EX).The EX augments the capabilities of the IX by allowing traffic which would staywithin a city to be exchanged much closer to its intended users, allowing theirlatency limitations to be met, while continuing to pass on Internet-boundtraffic to the traditional IX, as is already done today.

To allow greater flexibility, reduce costs andimprove performance, the Virtualized Radio Access Network (VRAN) and networksupgrades to 5G are hot topics for many wireless network operators, includingmany of the large, household name cellular carriers in the United States. Whenthe RAN is virtualized and many of the key radio functions can bedisaggregated, the result is a simpler and more flexible network However, these virtualized network functionsneed to perform complex processing in close proximity to the cell tower orradio head, under strict latency constraints. Infrastructure edge computingsites provide an ideal environment in which to run these functions, offeringthe dense compute, storage and network resources required to support these newcapabilities across many wireless network sites in the area.

Edge computing uses cases like those describedhere can add great value to almost any aspect of the wider technologylandscape. Many of these use cases are being deployed today at infrastructureedge computing sites, and those experiences are being presented to a wideraudience by leading companies in the edge computing ecosystem today.

Join Edgecon Austin, afternoon of 5thNovember, and Edge Congress 6th November, the premier event seriesto get up to speed on the latest happenings at the Edge.

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Join the worlds top edge computing executivesat the Edge Global Congress. Industry players will be talking real deployments,solutions, and applications at the edge during this exclusive event.

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Cloud now the destination for finance, says survey – www.computing.co.uk

Finance is one of the core areas being migrated to the cloud. Key back-office functions such as Payroll, Accounting, Financial Planning, and Payments are among those that are already in the cloud, or are in the process of being moved off-premise.

That's according to a survey from Computing Research, which spoke to 150 senior enterprise IT decision makers, eight percent of whom are themselves in banking, finance, and insurance, and 27 percent of whom are in professional services, such as accountancy, property, and law.

With 13 percent of all respondents in industrial markets such as manufacturing, engineering, and pharmaceuticals, and the rest spread across major private sectors such as technology, telecoms, oil, gas, energy, mining, distribution, and transport, the survey can be seen as a significant vote in support of cloud migration, given those sectors' deep need for trust, reliability, and security.

Seventy-two percent of the survey base have up to 3,500 employees, 14 percent have between 3,500 and 10,000, and another 14 percent have more than 10,000 workers, so the research shows a major uptick in cloud adoption by medium-sized to larger organisations.

Finance in the cloud

Payments is the financial area that is most located in the cloud among these organisations, according to Computing Research: just over one-third of respondents (34 percent) currently host this function in the cloud, with a further 35 percent planning to move it in the near future. Just six percent of IT leaders still outsource Payments processing, while 22 percent plan to keep it on premises - revealing a clear shift away from traditional or legacy models.

Accounting is the next most popular finance-related function to move to the cloud, with one-third of respondents saying that it is already hosted off premises and another third planning the move in the near future. Just four percent of all respondents outsource Accounting, which leaves 29 percent planning to keep the function on premises.

Payroll is just behind, with 32 percent of organisations having already migrated to the cloud. However, significantly fewer respondents - 26 percent - are planning the move in future. With just 17 percent keeping the function on premises, this leaves 22 percent outsourcing it, making it the most popular area to entrust to a third-party specialist.

The more strategic function of Financial Planning sees a smaller shift to the cloud: just under 30 percent of respondents have already migrated it, with the same number planning the move in future. Unsurprisingly, the proportion of organisations outsourcing it is small - less than five percent - which leaves 30 percent planning to keep the function on premise. A significant proportion of IT leaders clearly see this as a comfort zone' for the business.

The broader back office

A broad range of related back-office functions are also being shifted to the cloud, found the survey, such as: Supply Chain Management (32 percent hosted in the cloud and 33 percent planning the move); Business Intelligence (38 percent hosted, 35 percent planning); Human Capital Management (HCM, 36 percent and 38 percent); Supply Chain Management (32 percent and 33 percent); Enterprise Resource Planning (ERP, 35 percent and 34 percent); and Professional Services Automation (28 percent and 30 percent).

All of these statistics show a clear majority of medium to large enterprises placing their confidence in cloud services and platforms, over and above the perceived safety (for some) of retaining on-premise solutions.

In the case of traditional or legacy on-premise solutions, only Financial Planning, Accounting, Supply Chain Management, and Payments have more than 20 percent support among the survey base, with only Financial Planning coming close to matching the proportions who are moving to the cloud.

Leaders & laggards

Overall, the results show a familiar split when it comes to cloud migration surveys: a third of pack leaders in the vanguard of digital transformation, a third of pack followers, and a third who are resistant to non-traditional ideas. However, the research shows that the leaders are growing as a pack, and the stragglers are diminishing.

Top of the list of reasons cited by the naysayers is security, mentioned by 42 percent of the group, followed by migration complexity (41 percent of naysayers). Compliance issues also rate highly on the list of negatives, cited by 40 percent of the pack. Also mentioned were low strategic priority (33 percent); risk aversion (30 percent); high costs (24 percent); lack of internal skills (17 percent); and the simple Don't see the need' (14 percent).

In a free answer, another response was "Have invested in on-premises, and need the investment to fulfil."

Among those that have moved functions to the cloud, 43 percent acknowledged that migration complexity had been a factor, and 40 percent that legacy hardware and software had been a challenge. Security was cited by fewer respondents as a real-world problem: 38 percent of respondents.

A notable finding was that lack of internal skills - cited by 40 percent of IT leaders - had been a much bigger negative for cloud adopters than for on-premise supporters who were worried about moving to the cloud.

This article is from Computing'sCloud ERP Spotlight, hosted in association withWorkday.

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Cloud now the destination for finance, says survey - http://www.computing.co.uk

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Altcoin apocalypse XRP, Bitcoin Cash and ZEC over 90% removed from ATH – Born2Invest

Altcoins like Ethereum, Bitcoin Cash, and ZCash are currently struggling for survival and analysts dont expect them to grow in value. Are we witnessing an altcoin apocalypse or is this crypto bear market just a blip?

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As 2019 is coming to an end one thing is clear, the altcoin golden age is at an end. Two years ago the word ICO was on everyones lips.

In 2017, FOMO was the daily companion of every new investor and scammers took advantage and reaped huge rewards with fake ICOs and abandoned projects. Almost daily a new Bitcoin killer hit the market. However, few, if any, followed through on that promise.

Prior to the 2017 ICO rush, there were already a number of well-established altcoins of varying pedigree, like Ethereum, Ripple, Bitcoin Cash, ZCash and IOTA. Most of these coins hit their all-time high in 2017 and most have experienced a sustained decline since then.

Ethereum is 89% below its all-time high. This applies both to the pair ETH/USD and ETH/BTC. Bitcoin Cash is 95% below its all-time high in US dollars.

The most relevant example is probably ZCash. The anonymous cryptocurrency, which was among the top 20 coins for a long time, has lost almost everything in value compared to Bitcoin.

ZCash is currently 98% below its all-time high in US dollars. Looking at the ZEC/BTC currency pair, ZCash lost 99.98%.

Almost all altcoins have seen a significant drop since then and have performed significantly worse than Bitcoin, which is around 63% below its all-time high, but the return on investment for early investors is still significant.

Ethereum, XRP or IOTA have all had an enormously strong Return-On-Investment (ROI) value. All three altcoins have gained hundreds and thousands of percent since their ICO.

However, only a few investors were able to benefit from this price increase most of them probably have exited in the boom year 2017.

Some of the altcoins have held their positions over the last two years. Ethereum, XRP, Bitcoin Cash and Litecoin are still in the Top10. While Bitcoin has been able to increase its share price by more than 100% since August 5, 2017, the situation is much worse for most altcoins. No matter if it is Ethereum, Bitcoin Cash or IOTA.

Currently, the prices of the respective altcoin are a good 50% below the values at that time. Of course, at the end of December 2017, we saw abnormal prices for the altcoins.

Even those coins that performed well did not achieve significant gains over time. At the moment, Litecoin is trading at pretty much the same price as on August 5, 2017. XRP rose from $0.18 to $0.21 during this period, up 15%.

From a price and technical point of view, some of the featured altcoins such as Bitcoin Cash, or ZCash have been failures. Bitcoin Cash has an ROI of -62%. ZCash is -98%.

While other altcoins such as Ethereum or XRP have provided tremendous returns for those who bet on them, neither coin has been able to outperform Bitcoin in recent years.

The current market capitalization of the entire crypto market is almost $200 billion on August 5, 2017, it was about $100 billion.

While the MarketCap has now doubled, Ethereum, XRP, and Co. have had to lose a lot in market capitalization. However, one of the coins that have benefited massively from this growth is Bitcoin.

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(Featured image by WorldSpectrum via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words believe, project, estimate, become, plan, will, and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in CRYPTOMONDAY, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

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Altcoin apocalypse XRP, Bitcoin Cash and ZEC over 90% removed from ATH - Born2Invest

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