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Want to Pay for Your Stay with Cryptocurrency? Head to Vir Island – Total Croatia News

December 3, 2019 - With ninety-six apartments offering advance payment and reservations via cryptocurrency thanks to the blog Ostrov Vir, and given the size of the island, its population, and the number of accommodation units, Vir has become one of the world's leading providers of crypto services.

HRTurizam reports that this story was recently published by the Czech portal Arbolet, whose internet team provides consulting and work in the crypto market. Arbolet member Vclav contacted Miriam Kelei, who runs the Slovakian blog Ostrov Vir and mediates apartment rentals on Vir to tourists from Slovakia and the Czech Republic, so the island's crypto market is almost immediately open to members of this community.

I thought for a long time about using cryptocurrency payments, but did not know the area well enough. This is where Mr. Vclav helped me the most, says Miriam, thanks to whom accommodation on Vir can now be paid by cryptocurrency, that is, by booking through Ostrov Vir. Those 96 apartments paid in cryptocurrency represent 2.51 percent of the total Vir accommodation capacity, consisting of 3,819 accommodation units. In fact, the percentage in foreign exchange is higher because the number of apartments is an absolute figure of 100% occupancy with payment by card or cash, which means that the share of cryptocurrency in foreign exchange by the summer season will surely be even higher.

Miriam is the most influential promoter of Vir in Slovakia and the Czech Republic, and through her work and bringing the Travel Channel television team to Vir, the island has opened to the booming Slovakian tourist market. The Vir influencer and blogger at the same time represents the Slovakian and Czech apartment owners associations on the island of Vir, some of whom have already started receiving payments for cryptocurrencies BTC, BCH, LTC, ETH, and USDC. According to Arbolet, the service is connected to the Coinbase Commerce system, whose user interface is simple, intuitive to use, and extremely easy to understand.

Cryptocurrencies, known as virtual or digital currencies, only exist online; it is not issued or controlled by any central bank. Bitcoin is the most well-known cryptocurrency, also known as digital gold, and is globally accepted for online payments. There are several bitcoin ATMs in Croatia today - in Zagreb, Split, and Rijeka, and the popularity of bitcoin usage is also being contributed by entrepreneurs, such as those on Vir, who accept it in online payments for tourist accommodation or other services.

Apart from cryptocurrencies being used for online payments, they are traded like any other currency. Thus, the value of bitcoin nine years ago was $0.003 USD, and more than $9,000 last year. Today, there are hundreds of other cryptocurrencies and new ones are emerging almost daily. Some survive and grow, some fail, but the growth of the crypto market is persistent. Thus, more and more online stores are offering cryptocurrency payments, while digital wallet owners are looking for deals where they can exchange their cryptocurrency units for products or services.

To read more about travel in Croatia, follow TCNs dedicated page.

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German Banks Will Be Allowed to Buy, Sell, and Store Cryptocurrency Starting New Years Day Crypto.IQ | Bitcoin and Investment News from Inside…

December 2, 2019 / by Crypto.IQ

Germany has just passed a new law which will allow banks to buy, sell, and store cryptocurrency starting on New Years Day. This creates the potential for Germany to become a crypto heaven, where cryptocurrencies will be widely available to all citizens.

Simultaneously however, this new law requires that pre-existing cryptocurrency exchanges need to have a German legal entity with two directors operating in the country by the end of this year. This only gives overseas cryptocurrency exchanges about a month to do this, or they will be declared illegal.

The next two deadlines for cryptocurrency exchanges are March 31 for signaling their intention to apply for a license to German regulators, and November 31 for applying for the license.

Apparently cryptocurrency exchanges technically have three ways to remain legal in Germany, which are setting up a German company by the end of the year and applying for a license, working with a licensed German cryptocurrency custodian, or working with a license provider for a clever but complex solution.

It seems that this law represents a transfer of power in the German crypto space from cryptocurrency exchanges to the banks. Any German bank will now be able to buy, sell, or hold cryptocurrency, meaning they could launch their own crypto exchanges, while regular cryptocurrency exchanges like Binance and Kraken will have to rapidly jump through legal hoops to stay in business. Even if overseas cryptocurrency exchanges manage to get approved in Germany, there is a chance that they will not be able to compete with the banks.

In any case, while this decision may not be positive for overseas cryptocurrency exchanges, it could lead to rapid cryptocurrency adoption in Germany, since cryptocurrency will be easier than ever to use for buying and selling goods and services once its integrated with the banks.

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How The Parts Add Up: The First Trust Cloud Computing ETF Headed For $68 – Forbes

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Cloud Computing ETF (SKYY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $67.73 per unit.

10 ETFs With Most Upside To Analyst Targets

With SKYY trading at a recent price near $61.06 per unit, that means that analysts see 10.93% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SKYY's underlying holdings with notable upside to their analyst target prices are PURE Storage, SVMK and VMware. Although PSTG has traded at a recent price of $16.07/share, the average analyst target is 29.12% higher at $20.75/share. Similarly, SVMK has 24.69% upside from the recent share price of $17.07 if the average analyst target price of $21.29/share is reached, and analysts on average are expecting VMW to reach a target price of $182.65/share, which is 17.37% above the recent price of $155.62. Below is a twelve month price history chart comparing the stock performance of PSTG, SVMK, and VMW:

SKYY Chart

Combined, PSTG, SVMK, and VMW represent 7.33% of the First Trust Cloud Computing ETF. Below is a summary table of the current analyst target prices discussed above:

Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.

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Amazon Just Joined The Race To Dominate Quantum Computing In The Cloud – Forbes

AWS stand at the 2019 Web Summit technology conference in Lisbon.

The news: Amazons cloud computing arm, Amazon Web Services (AWS), unveiled a new service called Amazon Braket at its AWS re:Invent conference in Las Vegas today. The offering, which is now being made available to some select customers, lets researchers and developers build quantum algorithms and test them on simulated quantum computers. They can also run them on actual quantum machines from three companies: IonQ and Rigetti Computing of the U.S, and Canadas D-Wave.

Why it matters: Quantum computers promise to deliver exponential leaps in processing power by tapping some of the almost mystical properties of quantum mechanics. The hope is they will spark new advances in a number of areas, such as drug discovery and artificial intelligence, but they have yet to do anything really useful. AWSs dive into the market is the latest sign their potential is nevertheless being taken very seriously.

Join the quantum queue: AWS is something of a latecomer to the quantum cloud. IBM kicked off the trend several years ago, and since then a wave of other companies have unveiled cloud-based offerings, including Amazons partners D-Wave and Rigetti. Nor is AWS the first cloud provider to offer access to a range of other companies quantum hardware: Microsoft took that honor when it launched its Azure Quantum cloud offering last month. Yet AWS is likely to become a force to be reckoned with in the field because of a unique advantage it has over its rivals.

A quantum road test? AWS became a cloud powerhouse because many of the services it now offers were initially developed for Amazons vast commercial empire. The same scenario could well play out with quantum computing.

For instance, one of the things quantum machines are particularly good at is optimizing delivery routes. AWS couldquite literallyroad test a quantum-powered service that lets Amazon plot the most efficient directions for its delivery vehicles to take as they drop off parcels. The machines could also help Amazon optimize the way goods flow through its vast warehouse network. AWS could then commercialize the services via the cloud, armed with reams of evidence about their effectiveness from its parent company.

Center forward: AWS has also been adept at tapping into some of the brightest minds in rapidly emerging areas such as AI. Two additional announcements made at re:Invent today signal it intends to do the same thing in the quantum arena. AWS said it is:

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What’s Happening at the Cloud Insight Jam on December 19th? – Solutions Review

What is the Solutions Review Cloud Insight Jam? What cloud computing, cloud management,and other information can you explain to learn from it? How can you participate?

We seek to answer these questions as we build up to the first ever Cloud Insight Jam on December 19th!

On December 19th, we begin an unprecedented social media day covering cloud computing in detail! During the Cloud Insight Jam, we plan to share our own best practices and the best practices from cloud experts; these experts come from cloud solution vendors from across the world. Additionally, we plan to share customer success stories from these providers and their predictions for 2020.

You can see all of it unfold on Twitter and LinkedIn under the hashtag #CloudInsightJam. Also, you can follow along on the Enterprise Cloud Strategy page of the Solutions Review website.

Absolutely! We plan on taking the day by storm!(All times listed below are in Eastern Standard Time.)

From 8:30 AM to 12:30 PM, the conversation will revolve around cloud best practices, including how enterprises can evaluate and select a cloud solution. At 10 AM, well host a half-hour open tech chat The Morning Dose. Well discuss cloud best practices personally, and exchange our thoughts with everyone!

From 12:30 PM to 4:30 PM, well shift the conversation to customer success stories. At 2 PM, we host a second half-hour open tech chat called the Re-Up! In this conversation, well cover how customers can achieve success with their cloud solutions.

From 4:30 PM to 8:30 PM, well end the day by focusing on industry trends and predictions for cloud in 2020. We want to discuss where the cloud is heading in the future, and what cloud solution users should look for in the new year.

Heres a sample of the questions we plan on sharing during the Morning Dose open tech chat:

This shouldnt be considered a definitive list of questions; were still cooking up some excellent conversation starters for the chat!

Unlike the Morning Dose, the Re-Up conversation at 2 PM EST will focus on customer success and predictions. Questions asked during the chat may include:

Just like the above, well have more questions on offer during the chat itself!

To participate in the Cloud Insight Jam, simply use the hashtag #CloudInsightJam on Twitter and LinkedIn. Keep an eye on the feed, participate in the chat, and share your thoughts!

Yes, itis that simple!

Sure! There is no cost to participate in the Jam, and you can participate as much as you would like! Want to join one of the conversations but not the other? Thats okay! Feel free to comment, question, or otherwise chat about any of the content we release throughout the day!

Weve extended the deadline for video content and best practices until December 6th. If you have video content you would like to share, please make sure it follows our video guidelines, which we share here. You can submit your content, video or otherwise, athttp://www.insightjam.com/.

Hope to see you at the Cloud Insight Jam on December 19th!

Looking for more info on managed service providers for your cloud solutions? Our MSP Buyers Guide contains profiles on the top cloud managed service providers for AWS, Azure, and Google Cloud, as well as questions you should ask vendors and yourself before buying. We also offer an MSP Vendor Map that outlines those vendors in a Venn diagram to make it easy for you to select potential providers.

Check us out onTwitter for the latest in Enterprise Cloud news and developments!

Dan is a tech writer who writes about Enterprise Cloud Strategy and Network Monitoring for Solutions Review. He graduated from Fitchburg State University with a Bachelor's in Professional Writing. You can reach him at dhein@solutionsreview.com

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Cloud-software stocks weather harsh start to December amid tech-spending concerns – MarketWatch

Cloud-based enterprise stocks led the software sector lower during a broader selloff Monday, as businesses reportedly wait for signs of more economic certainty before parting with their IT bucks.

The First Trust Cloud Computing ETF SKYY, -2.10%, which had been down as much as 3%, finished down 2.1% compared with the iShares Expanded Tech-Software Sector ETF IGV, -1.86%, which traded 1.9% lower on Monday. That was against the backdrop of a 0.9% retreat in the S&P 500 index SPX, -0.86% and a 1.1% fall in the tech-heavy Nasdaq Composite Index COMP, -1.12%.

Software stocks have been a popular target this year, but recent concerns about businesses willingness to spend on tech in the year ahead could be convincing investors to back off for now. Large technology providers such as Cisco Systems Inc. CSCO, -1.35% have been sounding alarms about their customers willingness to spend the past few months, and that could presage a slowdown in software spending ahead.

I believe [Software as a Service] stocks are getting hit because of the softness in enterprise spend, said Patrick Moorhead, principal analyst at Moor Insights & Strategy, in emailed comments. Enterprises are being very cautious with the IT spend right now given economic uncertainties, Brexit and China.

Companies that went public this year were some of the hardest hit. Slack Technologies Inc. WORK, -1.36% dropped as much as 8.3%, to a session low of $20.92, but recovered to a loss of 1.4% by the close. Zoom Video Communications ZM, -7.48% finished down 7.5%, while security-software company CrowdStrike Holdings Inc. CRWD, -5.16% declined 5.2%.

Shares of Atlassian Corp. TEAM, -4.93% fell 4.9%, while shares of Okta Inc. OKTA, -6.03% dropped 6% and PagerDuty Inc. PD, -6.37% shares were down 5.1%. Twilio Inc. TWLO, -5.45% fell 5.8% and Benefitfocus Inc. BNFT, -6.17% shares fell 6.4%.

Workday Inc. WDAY, -4.01% shares fell 4% and ServiceNow Inc. NOW, -2.01% finished down 2%, having been down nearly 5% earlier in the session.

For the year, the First Trust Cloud Computing ETF is up 23%, compared with a 31% gain in the iShares Expanded Tech-Software Sector ETF, and a 29% rise in the Nasdaq.

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Cloud Computing Market in Healthcare Research and Development Key Players, Industry Overview and Forecast Analysis – Montana Ledger

Cloud computing, in general terms, is the computing model that allows clients to use only a specific set of services that are required and pay only for them, in contrast to software tools or services that come bundled with a number of tools or services that are not needed. Cloud computing has become one of the most preferred computing models for the healthcare industry in its way to transformation from the conventional paper-based data storage and processing to the more sophisticated and advanced digitally aligned data model.

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https://www.transparencymarketresearch.com/cloud-computing-healthcare-development.html

By eliminating the need for a local server or a dedicated hardware system for the storage and access of data-heavy entities such as electronic health records (EHRs) and a variety of medical scan images, the cloud computing model provides the healthcare industry an infrastructure that allows for improved use of resources at low initial capital investment. Additionally, cloud computing models help in lowering the barriers for innovation and modernization of healthcare information technology systems and applications owing to their flexible nature, typically not possible with traditional IT solutions. In the area of research and development in the healthcare industry, cloud computing has demonstrated its capability of delivering improved services in a cost competitive manner.

This report on the global cloud computing in healthcare research and development market presents a detailed overview of the state of exploitation of the cloud model in these areas in the healthcare industry. The factors expected to impact the growth and overall development of the market, in positive or negative ways, are examined in great details. As such, the report presents an overview of factors such as drivers, restraints, trends, opportunities, and regulatory factors observed across key regional markets and on a global level..

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Cloud Computing Market in Healthcare Research and Development: Trends and Opportunities

The market is chiefly drive due to the rising expenditure of global pharmaceutical giants on research and development activities aimed at the development of next generation drugs and treatment methods. The globalization of key vendors in the pharmaceutical and biopharmaceutical industries, necessitating the establishment of R&D facilities, is also expected to remain central to the increased scope of adoption of cloud computing in research and development activities in the healthcare industry.

From a geographical perspective, the North America market for cloud computing in healthcare research and development dominates, accounting for the dominant share in the revenue of the overall market. The presence of a large number of some of worlds leading pharmaceutical and biopharmaceutical companies in the region is one of the key factors driving the high adoption of cloud computing for research and development activities in the healthcare sector. The Europe market, which follows North America in terms of market position and contribution of revenue to the global market, also fares well owing to the same factor the presence of a large number of leading pharmaceutical and biopharmaceutical companies.

Global Cloud Computing Market in Healthcare Research and Development: Competitive Analysis

The global market for cloud computing in healthcare research and development features an exceedingly fragmented vendor landscape. It has been observed that none of the players in the market hold more than 5%-10% share in the global market. With the rising adoption of cloud computing in research and development activities in the healthcare industries and the subsequent rise in growth opportunities offered by the market, a number of new players are expected to enter the market, making the competitiveness more intense.

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Some of the key companies in the market presently are Cisco Systems, Inc., Oracle Corporation, Intel Corporation, Microsoft Corporation, IBM Corporation, Carecloud Corporation, Carestream Health, Inc., and Merge Healthcare, Inc.

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Technology Leader of the Year: Enabling the Digital Transformation – IndustryWeek

Since 1993, the IndustryWeek's Technology Leader of the Year feature has served as our platform to celebrate individuals who have successfully leveraged technology to reshape the manufacturing world. Manufacturing greats including Bill Gates, Elon Musk, Harley-Davidson's Jeff Bleustein and GM's Ralph Syzgenda have each taken home the honors.

As the year of the great digital transformation, 2019 saw some of the biggest advancements yet. After all these years of talk about the Internet of Things (IoT) and digital transformation defining the future health and progress for the manufacturing industry, the hype has finally delivered on its promise. Along the way, one company has established itself as the clear leader: Amazon. And, if the future of manufacturing depends on technology and IoT, then Amazon CTO Werner Vogels is the person that will make it possible.

Often referred to as one of the fathers of cloud computing, few others have had as much impact on the future of manufacturing as Vogels. This is especially true as Industry 4.0 has put an emphasis on the importance of digital technologies.

While the journey to revamp manufacturing may have started with cloud computing, it is the blend of data-driven technologies that positions Amazon and Vogels as the leader in this space. Specifically, it is technologies such data analytics, artificial intelligence, machine learning, IoT and edge computing that are ultimately enabling manufacturers to find success within the growing experience economy.

As Amazons CTO, Vogels is responsible for driving the company's customer-centric technology vision. Vogels joined Amazon in 2004 as the director of systems research after spending time as a distributed systems researcher at Cornell University. He assumed the roles of CTO and vice president the next year, and quickly surfaced as a key force behind Amazons approach to cloud computing.

When Amazon Web Services (AWS) first started offering its suite of transformative technologies (2004-2005) outside the company, Vogels team was primarily focused on collaborating with companies that needed to quickly achieve internet scale. In those days, they were mostly younger businesses or truly progressive enterprises that already had a clear digital future.

As such, Vogels acknowledges that manufacturing companies were not necessarily an immediate target and for good reason. At that time, manufacturers were overwhelmingly relying on decades-old equipment that was often singularly dedicated and lacking the ability to generate useable data. However, it did not take long for a digital evolution to transpire within the manufacturing sector.

It happened that many manufacturers were looking to completely revamp their infrastructure, says Vogels. They were interested in using cloud technology to make use of analytics as a key part of being smart manufacturers. That understandably meant finding ways to turn these singular devices into data generators, seamlessly moving the data to cloud, exploring machine learning and then capitalizing on the ability to push insights back into the plant environment.

Vogels has since worked closely with numerous manufacturers, taking the time to understand their current positions as well as their goals in embracing technology in order to capitalize on the digital realm. We have always had strong relationships with our customers and together we have developed solutions, he says. We do not go off into a high tower, build something and then give it to manufacturing customers. We learn about what they want their technology to look in five to 10 years, and make sure that we build tools that are ready for the manufacturer of the future. This introduced a whole new realm of functionality especially around device management, security and edge computing.

The cloud evolution has really moved beyond the phase of companies moving everything to the cloud with people abandoning all local processing. For quite a few internet and consumer driven companies that is the case. That is their reality, says Vogels. Yet, for manufacturing, the edge computing component is becoming extremely important. Manufacturers need to be able to operate in a disconnected mode, but still need to benefit from advanced processing capabilities, he says. This creates a very interesting challenge to collaboratively build technologies for devices that will spend a spectrum of time not just in the cloud, but on premise as well.

Vogels points to Amazons IoT Greengrass offering as a direct result of collaboration with manufacturers. Greengrass seamlessly extends AWS to edge devices so they can act locally on the data they generate, while still using the cloud for management, analytics, and durable storage. Whether or not there is an internet connection, devices can runAWS Lambdafunctions, execute predictions based on machine learning models, keep device data in sync, and communicate with other devices securely.

Manufacturers can get rich insights at a lower cost by programming devices to filter data locally and only transmit the data needed for applications to the cloud. Understandably, the goal is to reduce the amount of raw data the manufacturer sendsto the cloud, which ultimately minimizes the cost and increases the quality of the data transmitted. AWS is going a step further by integrating machine learning into edge devices. ML uses algorithms that learn from existing data, a process called training, to make decisions about new data, a process called inference. Because inference requires significantly less computing power than training and optimizing ML models, it occurs in real time when new data is available.

According to Vogels, getting inference results with low latency is important for making sure that IoT applications respond quickly to local events. Such local inference could allow a robot to make autonomous decisions in near-real time, even without a connection to the cloud.

Although AI is very a broad concept, the machine learning component and the ability to make use of the very large data sets continues to show potential, especially when considering the phenomenal amounts of data US manufacturers create daily. That is only going to grow tremendously, both in volume and importance, says Vogels.

Woodside Energy serves as a prime example. Initially, Woodsides Pluto Liquefied Natural Gas facility in Western Australia leveraged 10,000 sensors, primarily capable of alerting key personnel when faults occurred. However, being able to leverage cloud-based machine learning capabilities has proved transformative.

Today, Woodside uses sensor data to build an algorithm that allows the team to predict and prevent foaming in the Acid Gas Removal Unit (AGRU), a critical part of the production process that cannot be monitored directly. Currently, Woodside runs more than 6,000 algorithms on the sensor data from its Pluto plant. These same operations now make use of 200,000 sensors, monitor operations 24/7. By connecting these IoT sensors to the AWS Cloud, Woodside has been able to optimize the production and maintenance. This is a major shift from reacting to an alarm going off to being able to take data, analyze and immediately predicting potential issues, says Vogels.

Access to new datapoints is enabling Woodsides data science team to continuously find new insights by sharing data across the organization. Of course, the Woodside transformation is ongoing including a dedication to explore uses for AI to augment and inform better decision-making.

According to Vogels, many of the truly smart manufacturers have already passed through the barrier of Industry 4.0. And, some of these manufacturers have significant plans to fully capitalize on the digital realm. For example, in March 2019, AWS announced an ongoing cooperation agreement with Volkswagen (VW). As part of agreement AWS is building an industrial cloud for VW, which will connect all of VWs 122 global factories, enabling the automaker to seamlessly collect all of its data in real-time and put it into the cloud.

As VWs industrial cloud solidifies, the plan is to use the AWS IoT, machine learning, analytics and computing solutions for plant assembly efficiency, vehicle quality and production flexibility. These include more efficient control of material flow, the early detection and elimination of supply bottlenecks and process disruptions, and the optimized operation of machinery and equipment in all plants. In addition, the cloud-based platform with its simplified data exchange is an essential prerequisite for Volkswagen to provide new technologies and innovations rapidly across its various locations. These include smart robotics, and data analysis functions to analyze and check shop floor processes from plant to plant. With the cloud-based platform, new applications, for example in IT-security for shop floor systems, can be scaled up direct to all locations throughout the world. Volkswagen will leverage AWS innovation best practices to become more agile and react faster on industry trends.

The architecture will be the new Digital Production Platform (DPP) from Volkswagen in future. All the Groups plants and companies outside the Group will dock their system architectures onto this platform. This platform will standardize and simplify data exchange between systems and plants. This is key step to enabling the type of comprehensive analytics that fuel maintenance and anything else a progressive manufacturer can get out of data, says Vogels.

For Vogels, continuing to expand machine learning, IoT and edge computing will remain key focus areas for his team. However, security is the top priority. And it is also an area where his team has worked to be innovative. As we work to bring legacy devices online in one form or another whether it is into a private network, into the cloud or into a private network linked to the cloud we need to recognize that this data is crucial to the manufacturing organization. It is industrial gold. We need to make sure that our customers are protected there. Now more than ever security needs to be the top priority, he says.

A big piece of the puzzle? Building new tools that enable manufacturers to take actions to help themselves, explains Vogels. Machine learning will play an increasingly important role here. You cannot build one service that works for all of your customers, especially when it comes to security. You need to be able to learn from the environment.

Technology is almost always being used for a particular task no one is creating technology for technology sake. Yet talent is lacking for most companies and continues to be the biggest challenge. At the same time, most companies have decided that cloud is the future whether they are using it for analytics, product development or to dynamically control the entire supply chain. It is interesting to watch companies who have traditionally been slow moving, because of the massive investments they have into their assets, are now are moving full force into the digital domain, explains Vogels.

They are managing a completely new world for them, and in many cases, without any access to digital talent. As cloud technology slightly settles down, the focus is now on how can we train people fast enough, so that all of these companies that are either going through or need to go through the digital transformation actually have access to the talent that they need, he says. We are looking forward to helping establish educational programs.

Vogels is passionate about helping manufacturers successfully go through the digital transformation. After all, thats where the real future of manufacturing thrives.

Giving manufacturers the right tools, so that they can focus on what they actually want to do with their data as they continue to optimize operations, he says. This is true whether its Siemens Healthcare building machinery that has IIoT fully integrated or a smart manufacturer who still needs to be able to move back and forth between the cloud and on-prem. We need to make sure that we are building technologies that they can use five to 10 years from now because that is the process manufacturers go through.

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Amazon is now offering quantum computing as a service with Braket for AWS – The Verge

Google and IBM may be battling for quantum supremacy, but Amazon is currently happy to be the middleman today, its announcing and launching a preview of Amazon Braket, its attempt to turn the nascent field of quantum computing into a service you can access over the internet. Amazon Braket is a fully managed AWS service, with security & encryption baked in at each level, the company explains in a blog post.

For now, it sounds like a pretty limited affair, where you will mean Amazons corporate customers, and where service means the ability to experiment by running simulations on a set of existing quantum computers from partners D-Wave, IonQ, and Rigetti.

This new service is designed to let you get some hands-on experience with qubits and quantum circuits. You can build and test your circuits in a simulated environment and then run them on an actual quantum computer, writes Amazon.

But Amazon says its also creating the AWS Center for Quantum Computing, a physical lab near the California Institute of Technology (Caltech) where it may research quantum computers of its own and more uses for quantum computers, for that matter. The companys director of quantum computing confirmed to Wired that Amazon is working on quantum hardware.

Theoretically, quantum computers could calculate far faster than traditional supercomputers thanks to the fact that their bits can exist in multiple quantum states instead of simply being on (1) or off (0), and thats what Google recently claimed it had achieved with its 54-qubit Sycamore quantum computer. The company says its machine successfully made a calculation that would take the worlds most powerful supercomputer 10,000 years.

But quantum computers are also rare and extremely expensive, so Amazon is attempting to turn them into a shared, managed, and potentially scalable resource, like it already does with its highly valuable AWS cloud computing platform. That invisible server empire serves as backbone for many of the internet services you use today.

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Researchers Discover New Way to Split and Sum Photons with Silicon – UT News | The University of Texas at Austin

A team of researchers at The University of Texas at Austin and the University of California, Riverside have found a way to produce a long-hypothesized phenomenonthe transfer of energy between silicon andorganic, carbon-based moleculesin a breakthrough that has implications for information storage in quantum computing, solar energy conversion and medical imaging. The research is described in a paper out today in the journalNature Chemistry.

Silicon is one of the planets most abundant materials and a critical component in everything from the semiconductors that power our computers to the cells used in nearly all solar energy panels.For all of its abilities, however, siliconhas some problems when it comes to converting light into electricity.Different colors of light are comprised of photons,particles that carry lights energy. Silicon can efficiently convert red photons into electricity, but withblue photons, whichcarry twice the energy of red photons, siliconloses most oftheenergy as heat.

The new discoveryprovides scientists with a way to boost silicons efficiency by pairing it with a carbon-based material that converts blue photons intopairs of red photons that can be more efficiently used by silicon.This hybrid material can also be tweaked to operate in reverse, taking in red lightand converting it into blue light, which has implications formedical treatmentsand quantum computing.

The organic molecule weve paired silicon with is a type of carbon ash calledanthracene. Its basically soot, saidSean Roberts, a UT Austin assistant professor of chemistry. The paper describesamethod for chemically connecting silicon to anthracene, creating a molecular power line thatallowsenergy to transfer between the silicon and ash-like substance. We now can finely tune this material to react to different wavelengths of light. Imagine, for quantum computing, being able to tweak and optimize a material to turn one blue photon into two red photons or two red photons into one blue. Its perfect for information storage.

For four decades, scientists have hypothesized that pairing silicon with a type of organic material that better absorbs blue and green light efficiently could be the key to improving siliconsability to convert light into electricity. But simply layering the two materials never brought about the anticipatedspintriplet exciton transfer,a particular type of energy transfer fromthe carbon-based material to silicon,needed to realize this goal. Roberts and materials scientists at UC Riverside describe howthey broke through the impasse with tiny chemical wires that connect silicon nanocrystals toanthracene, producing the predicted energy transfer between them for the first-time.

The challenge has been getting pairs of excited electrons out of these organic materials and into silicon. It cant be done just by depositing one on top of the other, Roberts said. It takesbuilding a new type of chemical interface between the silicon and this material to allow them to electronically communicate.

Roberts and his graduate student EmilyRaulersonmeasured the effect in a specially designed molecule that attaches to a silicon nanocrystal, the innovation of collaborators Ming Lee Tang, LorenzoMangoliniand Pan Xia of UC Riverside. Using an ultrafast laser, Roberts andRaulersonfound that the new molecular wire between the two materials was not only fast, resilient and efficient, itcould effectivelytransfer about 90% of the energy from the nanocrystal to the molecule.

We canuse this chemistrytocreate materials thatabsorb and emit anycolorof light, saidRaulerson, who says that, with further fine tuning, similar silicon nanocrystals tethered to a molecule could generate a variety of applications, from battery-less night-vision goggles to new miniature electronics.

Other highly efficient processes of this sort, called photon up-conversion, previously relied on toxic materials. As the new approach uses exclusively nontoxic materials, it opens the door for applications in human medicine, bioimaging and environmentally sustainable technologies, something thatRoberts and fellow UT Austin chemist Michael Rose are working towards.

At UC Riverside, Tangs lab pioneered how to attach the organic molecules to the silicon nanoparticles, andMangolinisgroup engineered the silicon nanocrystals.

The novelty is really how to get the two parts of this structurethe organic molecules and the quantum confined silicon nanocrystalsto work together, saidMangolini, an associate professor of mechanical engineering. We are the first group to really put the two together.

The papers other authors include Devin Colemanand CarterGerkeof UC Riverside.

Funding for the research was provided by the National Science Foundation, the Robert A. Welch Foundation, the Research Corporation for Science Advancement, the Air Force Office of Scientific Research and the Department of Energy. Additionally,Raulersonholds the Leon O. Morgan Graduate Fellowship at UT Austin.

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Researchers Discover New Way to Split and Sum Photons with Silicon - UT News | The University of Texas at Austin

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