Cloud Hosting

Page 4,071«..10 20..4,0704,0714,072 4,073..4,080 4,090..»

Data Center Outsourcing and Hybrid Infrastructure Managed Services Market Revenue, Region Analysis, And Forecast 2024 – Space Market Research

November 30, 2019 | Author: admin

Global Data Center Outsourcing and Hybrid Infrastructure Managed Services Market Industry Analysis:

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size. Also cover different industries clients information, which is very important for the Major Players.

Major Player DetailIBMWiproTata Consultancy Services (TCS)EnsonoAccentureZensar TechnologiesNTT GroupInfosysFujitsuAtosT-SystemsCapgeminiOrange Business Services

Region SegmentationNorth America Country (United States, Canada)South AmericaAsia Country (China, Japan, India, Korea)Europe Country (Germany, UK, France, Italy)Other Country (Middle East, Africa, GCC)

Type Segmentation (Public Cloud Hosting, Private Cloud Hosting )

Industry Segmentation (SME (Small and Medium Enterprises), Large Enterprise)

The Data Center Outsourcing and Hybrid Infrastructure Managed Services market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Data Center Outsourcing and Hybrid Infrastructure Managed Services Market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and growth in the CAGR have been given in the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Data Center Outsourcing and Hybrid Infrastructure Managed Services market have also been included in the study.

Sample of this Report: https://www.acquiremarketresearch.com/sample-request/247481/

The Global Data Center Outsourcing and Hybrid Infrastructure Managed Services Market Can Be Segmented As

Manufacturer Detail: IBM, Wipro, Tata Consultancy Services (TCS), Ensono, Accenture, Zensar Technologies, NTT Group, Infosys, Fujitsu, Atos, T-Systems, Capgemini, Orange Business Services

Product Type Segmentation: Public Cloud Hosting, Private Cloud Hosting,

Industry Segmentation: SME (Small and Medium Enterprises), Large Enterprise,

The research report on the Global Data Center Outsourcing and Hybrid Infrastructure Managed Services Market is a comprehensive study of the current scenario of the market, covering the key market dynamics. The report also provides a logical evaluation of the key challenges faced by the leading pioneers operating in the market, which helps the participants in understanding the difficulties they may face in the future while functioning in the global market over the forecast period.

To get this report at beneficial rates: https://www.acquiremarketresearch.com/discount-request/247481/

The Data Center Outsourcing and Hybrid Infrastructure Managed Services industry research report studies the production, supply, sales, and the current status of the market in a profound manner. Furthermore, the report studies the production shares and market product sales, as well as the capacity, production capacity, sales, and revenue generation. Several other factors such as import/export status, demand, supply, gross margin, and industry chain structure have also been studied in the Global Data Center Outsourcing and Hybrid Infrastructure Managed Services Market report.

This study gives data on patterns and improvements, and spotlights on Markets and materials, limits and on the changing structure of the Data Center Outsourcing and Hybrid Infrastructure Managed Services Industry. The key motivation behind the report is to give a proper and key examination of this industry.

Reasons to buy this report:

Understand the current and future of the Data Center Outsourcing and Hybrid Infrastructure Managed Services Market in both developed and emerging markets.

The report assists in realigning the business strategies by highlighting the Data Center Outsourcing and Hybrid Infrastructure Managed Services business priorities.

The report throws light on the segment expected to dominate the Data Center Outsourcing and Hybrid Infrastructure Managed Services industry and market.

Forecasts the regions expected to witness the fastest growth.

Get More Details @https://www.acquiremarketresearch.com/industry-reports/data-center-outsourcing-and-hybrid-infrastructure-managed-services-market/247481/

In the end, the Data Center Outsourcing and Hybrid Infrastructure Managed Services Market Report delivers a conclusion which includes Breakdown and Data Triangulation, Consumer Needs/Customer Preference Change, Research Findings, Market Size Estimation, Data Source. These factors will increase the business overall.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like Asia, United States, Europe.

Why Is Apple Trusted More Than Google? – Forbes

November 30, 2019 | Author: admin

Apple's popular Apple logo seen at the Passeig de Grcia store in Barcelona, Spain. (Photo by Paco ... [+] Freire/SOPA Images/LightRocket via Getty Images)

The pomp and circumstance of the Apple credit card launch has left people wondering why there wasnt as much excitement about the news of Googles venture into checking accounts. Does this mean Apple is better, or more consumer-friendly than Google?

Despite speaking to some of the most respected and informed minds in the fintech industry, this question remains unanswered and the general consensus is simply that the two are incomparable because it is a question of trust.

A couple of weeks ago and around the time that it emerged that Google would be partnering with Citigroup and the Stanford Federal Credit Union to offer checking accounts, a Twitter poll from Chris Gledhill caught my eye because it revealed that a staggering 70 percent would not open a bank account with Google. But why? Apple also has the support of Goldman Sachs and Mastercard, so it didnt make sense to me at first.

When comparing Apple Pay and Google Pay (Send), they both offer similar services: ability to use with credit and debit cards, credit card fees around 3 percent for merchants, free debit fees, withdrawal speed of up to one to three days and transfer limits of around $10,000.

However, despite Google Pay being compatible with Android, Web and iOS, Apple Pay transactions have reached above three billion, surpassing PayPal and leaving behind the far less popular Android NFC payment alternatives, according to Apple Insider. I then considered the brand psychology of Apple.

Trust

I spoke to consumer psychologist at digital marketing agency SYZYGY and lecturer at the University of the Arts London Dr Paul Marsden, who believes that the biggest digital disruption occurring today is not in technology, but inside peoples heads.

The way that technology has influenced our expectations, relationships and identity has meant that we require everything on-demand, from pizza to Netflix to sex. We are all chronically impatient.

Dr Marsden highlights that digital is creating a trust deficit in society, fueled by fake news, mass propaganda and substantial data breaches such as the Cambridge Analytica scandal and therefore, consumers are becoming less trusting of brands.

In a similar vein, when asked about the negative reaction towards news of the Google checking account, Roisin Levine, Head of Banks at Flux, also says that it could be down the growing concerns around the possible misuse of powerful data sets by tech companies.

Following Facebooks involvement in the Cambridge Analytica scandal, mistrust of Big Tech has (somewhat understandably) heightened and the argument to Break Up Big Tech is now commonly used during the current American political debate.

Looking at the drivers of trust, Dr Marsden illustrates how Apple has found a way of tackling the real cause of this trust deficit. The psychology of trust - whether its a human, brand or app - is based on two dimensions: competence and intention, can they help and do they care enough to want to help?

When looking into banking and what is driving the trust deficit in this industry, it is not that people feel that banks are incompetent managing our money, it is that they are uncaring. They do not want to help us, they want to harm us.

Health

However, since rumors of an Apple credit card emerged, the tech giant has focused exclusively on showing that the company cares about people and their financial health and wellbeing. In addition to this, Apple have continued to show that they are a privacy-first organization and have doubled down on ensuring customers are aware that they respect peoples security - that respect can translate to a sense of caring, Dr Marsden says.

On the subject of financial wellbeing, he says that it seems as if they have taken the Apple Health app and instead of fitness and activity rings, you have interest rings. They walk the talk of actual care. Financial health indexes are not new, but what Apple has tried to do is put the customer first and provide practical services that make it stand apart from heritage banks and fintech companies.

Apples simplicity and transparency is rebuilding trust and explains the success of the company. Why cant heritage banks and fintech companies do the same? They have revenue to think about. Dr Marsden adds: The reason Apple can do this because they dont actually have to make any money out of this. Banks and fintech startups have got shareholders or VCs breathing down their necks.

On this subject, Sam Maule, Managing Partner - North America at 11:FS says: Apples chief motivation for the Apple Card offering, in partnership with Goldman Sachs, is creating a deeper customer relationship centered around the Apple ecosystem.

And the Apple ecosystem is centered around hardware, specifically the iPhone. The concept for Apple is straightforward. The more transactional activity it can lock into the Apple ecosystem, the more loyal the Apple consumer is to the brand. And we all know how loyal Apple fans are to the brand.

Suresh Vaghjiani, CEO & Co-Founder of Tribe Payments, has a stronger view and claims that Google is often seen as a poor copycat - coming to the market with me-too offerings. Google Pay shortly after Apple Pay and now Google Checking after Apple, Amazon and Facebook have made major plays.

Privacy

It remains to be seen how much incremental changes such as removing card numbers from credit cards will impact security and financial crime, but in the short term, this is perhaps another way that the Apple brand is showing that it cares about its customers.

Dr Marsden adds: Whats smart about Apple is while other Big Tech companies are monetizing and manipulating consumer behavior by using their data, they have taken a stand against it, sometimes resulting in controversy e.g. when the police need to access a criminals phone.

Privacy is a fundamental human right; they have built that protection into their services. From a psychological perspective, it would be challenging for Uber to have the same effect with Uber Money, but not quite as challenging as Facebook using cryptocurrency.

Vaghjiani has a similar attitude and says: Apple has an incredibly strong brand and unrivalled track record when it comes to the users experience in particular it has taken a strong stance on privacy. Last month its iPhone advert said We believe your privacy should never be something you have to question.

While Adam Gibson, Executive Director, Skymind Global Ventures adds that Apples business model allows it to focus on prioritizing user privacy over selling ad targeting and Google gives away its software and collect data from it - so banking is just another scheme to collect data from its users, Alex Batlin, CEO, Trustology agrees and says that Apple has made a big play to sell products and services whereas Google has made its play in monetising data.

Levine takes this one step further. While the reaction Apple received was overwhelmingly positive which shows consumer appetite, criticisms of Googles new project may seem unfair as Google have explicitly said that it will not sell any of the data.

However, she adds that the keen eyed will note that Google are yet to say that they will not use any of the data for marketing purposes. It would seem obvious for Google to leverage their expertise in this area to potentially surface targeted advertisements based on spending habits and use this new information to prove conclusive ROI to merchant partners.

Maules view is that at its core, Google is an advertising company. While it is similar to Apple with respect to aligning users to the Android ecosystem, Googles key focus is on analysing customer transactional data with the intent of monetizing this information. And this is where the key difference between the two products differs.

How willing will consumers be for Google to have such access to their financial lives; even more importantly is how willing will consumers be for Google to profit from the monetization of this information?

Apple has addressed this head on by their insistent messaging concerning data privacy with respect to their financial product. Google has expressed the same messaging; however, their track record concerning consumer data and advertising data doesnt particularly align with this messaging.

However, Googles dataset analysis capabilities must not be undermined, especially when being compared to traditional banks. Google may be able to provide new levels of support to its banking partners around this and if they are able to demonstrate value to the Google Checking Account consumer base then they may be able to make a dent in the marketplace."

Bias

Since launching in the U.S., Apple have already got themselves involved in a sticky financial data situation and the tech giant was called out for gender bias within their credit algorithm.

Although Dr Marsden acknowledges that the tweet that was sent out caused a minor media storm, he states that as long as Apple can dissociate itself from the algorithm, given the power of the Apple brand, people will forgive and forget relatively rapidly.

The tweet was about credit limits and it can be spun both ways: Apple is unfairly putting men at increased risk of debt that they cant afford, or its saying that women cant pay debt.

Michael Kent, CEO, Azimo also believes this will happen: I dont think Apple is better than Google, its just that they have different core business models that mean people are more sensitive to privacy concerns around Google.

Witness the backlash to their cloud hosting deals in the healthcare sector where Amazon, IBM and Microsoft have far fewer problems. I do think its something the market will get over.

Robert Courtneidge, CEO of Moorwand, makes an interesting point. Not only has the Big Tech giant not made it in time to be first - Facebooks Libra launched in June, Apples credit card in August were also yet to see if it can be the best.

But Google wont be the only one that experiences this scrutiny. A bad air is settling around Big Tech banking that is becoming hard to brush off that could be why Google has opted to lead with Citigroups branding rather than its own. At this point, another venture gone wrong could be the nail in the coffin.

Nevertheless, a recent McKinsey survey has shown that 58 percent of US consumers say they would trust financial products from Google, 64 percent for Amazon and only 31 percent for Facebook.

Levine says that if Google is able to provide an enticing array of loyalty rewards and a great personal finance tool for customers, then it is difficult to see how this could not be a success given their brand and marketing capabilities.

Dr Marsden concludes by saying that it would be a relatively unfair comparison to pit the Apple credit card against the Google checking account. Its abstract because Googles product has not yet been launched. That said, with Google bidding for Fitbit and discussion around health record and data, it is important to remember that Google is not Apple.

Apple is building brand equity around the idea of privacy and Google is a company that makes money out of advertising.

See original here:
Why Is Apple Trusted More Than Google? - Forbes

U.S. Authorities Arrest Virgil Griffith For Teaching Cryptocurrency And Blockchain – Forbes

November 30, 2019 | Author: admin

According to a press release from the Department of Justice on November 29, 2019, Virgil Griffith, resident of Singapore and U.S. citizen, was arrested for a criminal complaint where he was charged with violating, ...the International Emergency Economic Powers Act (IEEPA) by traveling to the Democratic Peoples Republic of Korea (DPRK or North Korea) in order deliver a presentation and technical advice on using cryptocurrency and blockchain technology to evade sanctions.

Virgil Griffith

Mr. Griffith allegedly traveled to North Korea without permission from the federal government, and with knowledge what he was doing was against the law.We cannot allow anyone to evade sanctions, because the consequences of North Korea obtaining funding, technology, and information to further its desire to build nuclear weapons put the world at risk.Its even more egregious that a U.S. citizen allegedly chose to aid our adversary.

In this case, Griffith is specifically accused of traveling to North Korea (DPRK) in April 2019 to attend and present at the Pyongyang Blockchain and Cryptocurrency Conference (the DPRK Cryptocurrency Conference), even though the U.S. Department of State had denied Griffith permission to travel to the DPRK. Griffith presented at the DPRK Cryptocurrency Conference, knowing that doing so violated sanctions against the DPRK and at no time did Griffith obtain permission from OFAC to provide goods, services, or technology to the DPRK.

Despite receiving warnings not to go, Griffith allegedly traveled to one of the United States foremost adversaries, North Korea, where he taught his audience how to use blockchain technology to evade sanctions.By this complaint, we begin the process of seeking justice for such conduct.

EXECUTIVE ORDERS ON PROTECTING U.S. SANCTIONS BROADEN FROM TRADING CRYPTO TO TEACHING CRYPTO

Griffith is specifically charged in connection with the IEEPA as a result of an Executive Order 13466 of June 26, 2008, Continuing Certain Restrictions With Respect to North Korea and North Korean Nationals and enforced under the Office of Foreign Assets Control (OFAC). Most recently, Forbes reported on how Congress may enact a law with the Executive Order from Trump specific to Venezuela and the use of Petro cryptocurrency by U.S. citizens.

In both cases, U.S. persons, in a dramatic twist of foreign policy and the ability of the U.S. to enforce sanctions in light of technological disruption, are held to account for actions that may help a country evade sanctions through the use of cryptocurrency and blockchain technology. With concerns over this latest incident resulting in an arrest, the Department of Justice appears to be signaling the level of concern law enforcement have with respect to the power of cryptocurrency and blockchain to disrupt the effectiveness of U.S. sanctions as a foreign policy tool.

In the press release - provided below - U.S. Attorney for the Southern District of New York, Assistant Attorney General of National Security, the Federal Bureau of Investigation (FBI) Counterintelligence Division, and the Assistant Director-in-Charge of the New York Field Office of the FBI jointly announced the arrest of Mr. Griffith. Griffith was arrested yesterday on Thanksgiving in Los Angeles National Airport and awaits disposition of his case before a judge today. The DOJs Terrorism and International Narcotics Unit will be handling the case.

See original here:
U.S. Authorities Arrest Virgil Griffith For Teaching Cryptocurrency And Blockchain - Forbes

What Hides Behind South Korean Cryptocurrency Regulation Policy? – The Diplomat

November 30, 2019 | Author: admin

South Korea has achieved a high level of national informatization in recent years. The country is a world leader in internet access speed, some 92 percent of population is internet users, and, in 2005, South Korea was the first nation to complete the transition from dial-up to broadband internet access. The government is pursuing an active ICT development policy by adopting master-plans for national informatization and initiating the establishment of various institutions in the field of cybersecurity and internet regulation.

One could assume that South Korea should be at the vanguard of cryptocurrency introduction as well, and to some degree, this is correct, inasmuch as South Korea is the worlds third largest bitcoin trade market and therefore has a great potential to attract digital currency investment. However, since 2017 the Korean government maintains an ICO (Initial Coin Offering) ban policy, i.e. it prohibits any forms of receiving investments in exchange for cryptocurrency sale from domestic companies. Many consider such a stance counterproductive and say it seriously affects cryptocurrency trade by making prices volatile and thus undermining the market.

The South Korean government certainly has a strong rationale for restricting ICOs, since such form of investment may involve substantial risks of defrauding due to the anonymity of ICO transactions (not to mention that cryptocurrencies have been generally associated with illegal activities for a long time). The official South Korean position on the issue is expressed in the Financial Supervisory Commissions statements. The conclusions of its 2019 report examining the activity of 22 domestic companies which had been running ICO businesses abroad confirm that unregulated token sales are too risky and unstable to institutionalize ICOs. In August 2019, FSC chairman candidate (subsequently elected chairman) Eun Sung-soo reiterated governments commitment to take a cautious stance toward ICOs and mentioned on several occasions that significant work is yet to be done regarding the legalization of this type of cryptocurrency sale.

The situation is further complicated by actual fraud or failure cases, for example, the closure of Coinnest, one of the largest crypto exchanges in South Korea. Coinnest is notorious for a corruption scandal in which its top executive was charged with accepting a billions of won bribe and conducting an accidental airdrop of more than $5 million to its clients. Both incidents provided a direct impetus for Coinnests closure and, along with a Ministry of Justice 2019 report estimating losses from cryptocurrency crime over a two-year period at $2.3 billion, generated a distrust on the part of the government toward the feasibility of ICO legalization. Nevertheless, this doesnt mean that South Korean leaders are eager to hinder the development of blockchain and cryptocurrency technologies; on the contrary, they do admit the possibility of legalizing ICOs in the future, provided that a proper regulation framework would be designed in order to minimize investment risks.

But it may not be easy to develop efficient regulation because the question of cryptocurrency circulation concerns a rapidly evolving information space, which has proven so far difficult to define as a legal reality. The example in this regard is the case of public debates over cybersecurity and cybercrime regulation in South Korea: Not only legal difficulties prevent government from adopting comprehensive cybersecurity policy guidelines, but the oppositions strong disapproval of embedding the concepts of cybercrime and cyberterrorism in legislation (understood as a measure that aims to eventually provide authorities with more tools of tight control over information spaces) stalls the process of state policy adaptation to the challenges of the fourth industrial revolution.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

ryptocurrencies may await the same fate, being assessed by some as a potential threat to the economic sustainability of the nation and thus obtaining a degree of relevance similar to that of cybersecurity. The opposition Liberty Korea Party has already taken advantage of the situation with ICOs when criticizing the administrations economic policy: the LKPs 2020 economic transformation plan (dubbed Wealth of People, paraphrasing Adam Smiths famous work) condemns the governments reluctance to legalize cryptocurrency funding as being counter-progressive and restrictive towards open market principles. The worlds crypto community has subscribed to that criticism, including Vitalik Buterin, the inventor of the Ethereum cryptocurrency, who urged the South Korean government to ease regulation of the blockchain industry, mentioning that the ICO ban will inevitably affect further introduction of blockchain technology due to the inherent interconnection between crypto and blockchain.

Moon Jae-ins administration, nevertheless, understands the complexity of the situation and has no intention to give up the idea of ICO legalization completely. As a preliminary and experimental step to the future blockchain liberalization, a decision has been made to establish a regulation-free zone in Busan, where some of the blockchain-related restrictions are now lifted in the form of digital voucher introduction. This voucher can be exchanged in local cash and also used in transactions in various blockchain services. Although its not the same as allowing ICOs, such initiatives demonstrate that the Korean government is open to a search for compromise, albeit a tentative and cautious one.

Such attention is paid to the ICO issue for political reasons. The North Korean factor in many respects shapes both South Korean domestic and foreign policy planning, and cybersecurity is no exception to this. The recent years have been marked by an extensive public discussion on the North Korean cyber threat, generally attributed to the activities of North Korean hackers. Whether the North Koreans are really involved in numerous cyberattacks (including the infamous Sony Pictures hack or WannaCry ransomware attack) or some parties are trying to exploit the image of North Korea as a hacking superpower for their own purposes is the subject of ongoing debate, but what remains crucially important is the high level of the securitization of the North Korean hackers issue in South Korea. Beyond that, a particular North Korean interest in cryptocurrencies as targets for cyberattacks is frequently noted: North Korean hackers are allegedly responsible for multiple attacks on both crypto exchanges and individuals owning cryptocurrencies. According to information provided by the United Nations Security Council Panel of Experts for sanctions on North Korea, North Koreans have stolen around $670 million in foreign currency and cryptocurrency over the 20152018 period; South Korean estimates reach tens of millions of dollars in cryptocurrencies stolen by North Korea in the last year alone. Such data and general discussion cannot but provoke a reaction aimed at efforts to protect the cryptomarket. The ICO legalization issue thus also belongs to the national security domain and the security discourse has the special claim on it, which would make it difficult for an opposing party to deregulate blockchain in case they come to power. The opposition would find themselves exactly in the same position as the current administration.

In light of the above, the prospects for lifting the ICO ban remain unclear, since some technical (lack of intellectual and technological resources as well as bureaucratic complexities) and economic (inherent volatility of cryptomarket) problems are amplified by posing it as a cybersecurity challenge. The steps toward deregulation taken by the government in trying to establish an experimental blockchain zone are important, but it can hardly be said that the complete legalization of blockchain is going to happen in the foreseeable future. The ICO conundrum can nevertheless be used as a powerful tool of anti-Moon Jae-in critique and, on top of unfolding public disapproval of Moons economic policy, it can possibly contribute to the undermining of the authority of current administration, even though the problem seems to go beyond the question of who holds power.

Valentin Voloshchak is a teaching assistant at the Department of International Relations at the Far Eastern Federal University

This work was supported by the Core University Program for Korean Studies through the Ministry of Education of the Republic of the Korea and Korean Studies Promotion Service of the Academy of Korean Studies (AKS-2015-OLU-2250003).

CipherTrace Q3 2019 Cryptocurrency AML Report: 2/3 of the Top 120 – AiThority

November 30, 2019 | Author: admin

Trend or Anomaly? Lowest Quarterly Crypto Asset Thefts and Scams in Two Years

CipherTrace, the leading cryptocurrency and blockchain intelligence firm, released its Q3 2019 Cryptocurrency Anti-Money Laundering (AML) Report. Highlights of the report address cryptocurrency regulation, nefarious actors within the ecosystem, impending legislation, international trends and prevailing sentiments. Of particular note, CipherTrace conducted a first-ever comprehensive investigation of cryptocurrency exchange Know Your Customer (KYC) procedures and found that two-thirds (roughly 65 percent)of the top 120 exchanges lack strong KYC policies.

has been conducting examinations that include compliance with the funds Travel Rule since 2014.

On June 21, 2019, the Financial Action Task Force (FATF), an intergovernmental organization that standardizes global legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats, released Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers. In this Q3 Crypto AML Report, CipherTrace reveals that, with only seven months left for nations to pass laws and virtual asset service providers (VASPs) to comply with the guidelines, the majority of exchanges are not equipped to handle basic KYC, let alone comply with the stringent new funds Travel Rule included in the updated FATF guidance.

The research results revealed that the lions sharemore than two-thirdsof exchanges do not have good KYC. The breakdown of the ratings shown in Figure 1 are as follows:

Read More: NVIDIA Cuda-X AI and HPC Software Stack Now Available on Marvell ThunderX Platforms

The FATF funds Travel Rule requires VASPs to securely transmit (and store) sender and receiver personally identifiable information (PII) with any cryptocurrency transaction valued at or exceeding USD/EUR 1,000. Consequently, stringent KYC is necessary to meet the Travel Rules base requirements.

Nations that fail to enforce FATF guidelines are often subject to political ostracization, financial sanctions, and are added to a FATF blacklist, which documents countries that it judges to be non-cooperative in the global fight against money laundering and terrorist financing. The U.S. has maintained a similar Travel Rule through the Treasury Departments Financial Crimes Enforcement Network (FinCEN) since 1996. Recently, Kenneth Blanco, FinCEN Director,explainedthat his organization has been conducting examinations that include compliance with the funds Travel Rule since 2014.

(The Travel Rule) is the most commonly cited violation with regard to money service businesses engaged in virtual currencies, said Blanco.

The Travel Rule has proven particularly problematic for privacy coins, whose primary use case, to obfuscate money transmitter data, seemingly contrasts with the information sharing required for compliance. In expectation of regulatory crackdown, many exchanges have pre-emptively removed privacy coin listings. However, 32 percent of exchanges, including those determined to have weak or porous KYC, still have privacy coins listed.

In its report, CipherTrace explains how exchanges and cryptocurrency developers have grappled with the privacy dilemma. Although the report does punctuate a concern for privacy coins that have no compliance strategy, CipherTrace affirms that recent reports of the death of privacy coins have been greatly exaggerated. In fact, many of the top privacy coin developers have already released statements (outlined in the report) on how they could comply with the Travel Rule.

Read More: inRiver for Salesforce Commerce B2B Available on Salesforce AppExchange

Outside of the significant KYC research findings and the Travel Rule, the CipherTrace Q3 CAML report discusses this quarters top stories related to cryptocurrency crime. After two years of large, high-profile exchange hacks and exit scams, there has been a significant reduction in cryptocurrency crime. Still, even with the lowest quarterly cryptocurrency thefts and scams in two years, 2019 still experienced a massive spate of crypto crimesmore than $4.4 billion to date.

While CipherTrace has no hard data to explain the Q3 dropoff except for potentially the anomalous nature of the QuadrigaCX and PlusToken frauds skewing the numbers in previous quartersone possible explanation is that government regulation of the industry is having a positive impact. CipherTrace had previously speculated that the shift from outright thefts to exit scams and other frauds perpetrated by insiders indicated that crypto exchanges had begun to adequately invest in hardening their IT infrastructures. This is because criminals, as they are wont to do, follow the path of least resistance.

CipherTrace cites maturing and sophisticated terrorist and criminal syndicates as partially responsible for the global regulatory clamp-down on cryptocurrency. Terrorists, other criminal organizations and their supporters and sympathizers are constantly looking for new ways to raise and transfer funds without detection or tracking by law enforcement. As regulators continue to stifle resources for criminal cryptocurrency use, terrorists are using more sophisticated methods to secure funding and launder money for operations and attacks.

Read More: HashCash Gets Into Precision Healthcare with New DNA Database Collaboration

Continue reading here:
CipherTrace Q3 2019 Cryptocurrency AML Report: 2/3 of the Top 120 - AiThority

Cryptocurrency Crime Spikes This Year and SMBs are Paying the Price – Commercial Integrator

November 30, 2019 | Author: admin

According to a recent Reuters report, cryptocurrency crime is higher in 2019 than 2018.

More money flowed through digital exchanges in 2019 but criminals saw that as an opportunity to hack blockchains, says the report.

$150 Billion Cryptocurrency Boom Is Here Buy This ETF to Profit – Banyan Hill Publishing

November 30, 2019 | Author: admin

Bold Profits DailyNovember 29, 2019

Paul Mampilly: Its Paul on the Iancast again. Im hijacking this permanently.

Ian Dyer: Fine with me. We have good discussions.

Paul: With Market Talk Im always trying to keep it tight down to three to five minutes. I have a lot of competition between Hudson and Amber. On this one, were going to do it long. How about that?Ian: Sounds good.

Paul: Lets start with dramatic news. You and I never sleep. I know you were up watching Bitcoin hit $6,500.

Ian: The whole time, yes. It bounced. The Bakkt futures we talked about last week, the expiration date came into play there. Bitcoin fell to below $7,000, then it bounced and went a little lower.

Again, around these expiration dates in the futures, all these new Bitcoins are being sent out from the actual futures company to all the investors. It creates an immediate supply that can have an effect on price.

Paul: Long term, I dont know anybody who would ever want to be short those futures. Youd have to deliver something of a fixed quantity. I remember seeing analysis that something like 30-40% of Bitcoin are being HODLed. Hold on for dear life, thats what HODL means.

The crypto world has its own language. We have HODL. We have FUD.

Ian: Thats fear, uncertainty and doubt, right?

Paul: Time to lambo for time to move. So 40% of all Bitcoin approximately is being HODLed. I read analysis on The Block, which is a website where they do crypto analysis, that hedge funds are short Bitcoin. This sounds crazy to me.

Ian: Me too. Theres a lot of questions around it. When you look at all these hedge fund managers that are into traditional investments like 60% stock and 40% bonds. Bitcoin doesnt fit anywhere in there and they dont know what to do with it. They dont think it will ever overtake gold as a safe haven asset.

Theres a lot of naysayers out there still which is surprising considering its survived for 10 years now almost 11 and it started out as a fraction of a penny and has grown into a $150 billion asset class all on its own with no promotion other than word of mouth. Its amazing what it has done so far. Its an alternative currency.

Paul: Exactly. Both Ian and I are on the record of seeing Bitcoin at much higher numbers. Ian has a $50,000 by end of 2020. Is that right?

Ian: Yes, $50,000 next year and somewhere around $100,000 in 2021.

Paul: I think thats conservative. I think we might hit $100,000 maybe even by the end of 2020. Heres why. To me, Bitcoin is the first exponential asset. It runs off a digital mechanism rather than a lineal mechanism which is the stock market, the bond market. In other words, it requires human intervention.

If you think about gold, you have to go dig it out of the ground. Theres a whole process. Bitcoin is completely digital. Theres no physical element to it. It can exponentially grow and its already done that. This is why it has so much skepticism because theres never been an exponential asset in history this is asset number one. Its going to be the most valuable.

Ian: Theres never been something like these halving events in any asset before. When the supply is limited by this much on one specific day, that day has a lot of say in the future of Bitcoin. Weve seen that because after the past few halving events, theres a gigantic rally by thousands of percent after the supply is cut.

Paul: I went back and modeled the Litecoin halving event to Bitcoin. For sure, its setting up to be a minimum of $25,000 to $30,000 the way it models. Most of the people who believe in Bitcoin largely never bat an eye at the volatility. Its the disbelievers who come to really give us a lot of grief about it.

Ian and I believe in Bitcoin. We think Bitcoin is going to the moon. Everyone can make their own judgment. There is that one indicator that we both track. We should tell people about it.

Ian: A company called Grayscale has their own Bitcoin trust. They own a lot of Bitcoin and sell it as a fraction on the stock market. You can buy shares of the trust backed by Bitcoin. Its a way of buying Bitcoin on the stock market, which is really interesting and not a lot of people know it exists.

Weve seen all these headlines and rumors of a Bitcoin ETF, but there already is one and it doesnt get that much press. It gives us a good indicator because when theres a lot of bullish or bearish sentiment on Bitcoin you will see the premium of this ETF start to go up or down. Right now its trading about 27% above the price of Bitcoin.

The stock market is giving Bitcoin a premium even though it fell 50% in just a few months. Thats a really bullish indicator to me. Its been as low as 10% and then it bounced from there. Now, like I said, its up almost 30% and people are paying a lot more for Bitcoin in the stock market because as of right now more people have stock accounts than crypto accounts.

Paul: Its a pain to get a crypto account. I have a coin-based account and you probably have one as well, but most people dont want to deal with that. I can tell you from tracking the Grayscale Bitcoin Trust, at the peak in 2017 the premium was something like 130-140%.Ian: It was more than double.

Paul: At the low about this time last year I believe the premium was something like 3-4%. Right now its nowhere near as pessimistic as it was back then so theres no reason to expect the premium to be as low. I dont believe it has traded at a discount any time recently.

All signs point to Bitcoin going higher sooner rather than later. I feel like we can leave that one right there and move to the next one. I think we should name the Iancast, Tesla, Bitcoin and Pot.Ian: Thats what we talk about. Its the fastest growing things out there.

Paul: Its also what most millennials like to trade and are invested in. When I did a Tesla, Bitcoin and pot video for my Tuesday Bold Profits, I got 30 comments. I dont think Ive ever received 30 comments on anything before. Thats where people are at.

So lets deal with Tesla. Cybertruck.

Ian: Yea. Cybertruck. Just to start off, Tesla has never had an advertisement before. Theyve never spent on marketing. Its crazy the publicity this stuff is getting. Literally everybody was talking about the Cybertruck over the weekend. We both pre-ordered one.

I personally love it. I know a lot of people are really skeptical of the design. I think its going to grow on people. Its a steel truck thats supposedly bulletproof, although the window did break during the promo.

If you throw a steel ball at any other car window its going to go right through the car window. Bulletproof glass breaks. It doesnt shatter but it breaks like that.

Paul: I follow Elons tweets. It turns out, when they hit the sledgehammer against the Cybertruck it cracked the window. Thats why when they threw the ball, it shattered the window. Elon said what they should have done is first throw the ball and then hit the Cybertruck with a sledgehammer.

Then the demo would have worked out fine. But, you know, thats how it is in life. I think they got $100 million worth of free publicity as a result of the windows breaking because everybody felt like they had to show it.

Ian: Yes. And they have more than 200,000 orders already in the first few days for this truck.Paul: I feel like the truck makers depend on trucks and SUVs. Between the Model Y coming out and now with this, its really time. Those companies are going to struggle. Maybe some of the others will end up being a competitor, but for now theres no competition of any kind for Tesla.

Ian: It even blows the gas-powered pickup trucks out of the water. I drive a pretty good truck and the Tesla can tow more, carry more, has a bigger truck bed and it faster. Its a super powerful truck. Ive heard a lot of people say it doesnt appeal to the kind of market that drives pickup trucks.

They want more power. What doesnt appeal? I guess the design? I think it will grow on people and I dont see it as a reason not to buy it.

Paul: My reaction was pretty much what everyone elses was. I didnt stay up for the launch, but I woke up and looked at it and then I thought, Whoa, thats different. Then about a minute later I thought, I really like it. Then five minutes later I thought, I need to order one.

Ian: Same here. I woke up and saw it and thought, Thats weird. Thats actually what it looks like? But then it grew on me. Its going to take time. Its what everyone imagined future cars would look like 20 years ago and now its finally here. I think its going to grow on people. Its kind of iconic.

Paul: Im watching the reaction on Twitter and people are having a slightly slower version of what we went through. It came out and now they think its kind of cool. I think this might be as fast selling as the Model 3. People say its only a $100 deposit and it doesnt mean anything. But 200,000 is a lot of people.

Ian: Even if 90% of them cancel thats more than $1 billion theyre getting from this already.Paul: You looked this up before we got on. Whats the short position in Tesla?

Ian: Its down. It was just 25% a few weeks ago. Its down to 16% now.

Paul: I have to tell you, in my entire 25 years of being on Wall Street I have never known a company as large as Tesla carry such a large short position. This is insane.

Ian: Theyre different. Different doesnt appeal on Wall Street. Everyone wants to think the same way, be safe, not get fired for liking some company that everyone else hates.

Paul: They talk about Tesla stock owners and car owners being a cult, but the people who hate Tesla are also a cult.

Ian: Pretty much. They do have a lot of haters millions.

Paul: They do. I always keep my Sentry Mode on when I drive my car because I dont want to run across someone who wants to do something to my car. We like Tesla at Bold Profits. You can also see we had a Tesla at our last franchise meeting and it was a super big hit. Amber gunned it and she loved it. Were trying to persuade everyone to get one.

Weve done Bitcoin, weve done Tesla, what about pot? I was on last week and the stocks all sold off. Then, boom.

Ian: Theyre back. Its going to be a ride, for sure. Thats how bottoms are. It goes up and down fast. Some of these stocks in the pot sector doubled from their bottom and went up 100% in a couple days. You dont see that when theres not some big buyer looming in the background.

Theres going to be buying in these stocks. They are bottoming out right now and theyre going to come back up. Its going to be great. The market is so bearish on these stocks right now because theyve gone down so much for months. Its the classic selloff weve seen where the end is the worst part. Its like that with anything in the stock market.

Paul: This is so true, Ian. You are absolutely right. Most people Im included in this, Ive never had perfect timing start buying probably a month too early. Then they underestimate how much that last drop is going to be. Thats where they get shaken out and they sell.

Its also where they get emotionally blown out. They are not going to come back. Then they end up missing it.

Ian: They are the ones who push it up at the end toward the bubble phase.

Paul: Thats right. Then they come at the end and signal the very top. Im going to guess just by the sharpness of the move in the ETF MJ, Canopy, Cronos and Aurora, that theres a combination of short covering as well as actual long buying going on.

Ian: Yes. Some of these went up 100% in a couple days and a lot of them went up at least 40% in the first initial bounce.

Paul: In my experience, when you have the sharp, off-the-bottom jump of 40-50% it means theres actually a big buyer. A strong hands buyer that is going to own and is signaling they are going to buy more. This is why market makers keep lifting the price up to find sellers who are willing to sell.

In my experience thats a good sign. Were bullish on pot and we have it across a ton of our services. Did you end up putting on that trade for the pot company?

Ian: We did. In Rebound Profit Trader we have a pot trade. Were probably going to do another one very soon. Were bullish on that. In Rebound Profit Trader the goal is to get stocks at the bottom and buy call options on them, which go up faster than the stock. You can make hundreds of percent in just a few days by doing that if you time it right.

Here at the bottom of the pot crash we think its a really good time to buy calls on these beaten down pot companies.

Paul: We were chatting before on Slack and you said we had eight 60% winners in Rebound Profit Trader? I forget the numbers.

Ian: Weve had 10 winners in the past month.

Paul: 40%, 60%, something in that range?

Ian: Yes, a lot of them are more than 40%. Biotech has been very strong. We just closed our fourth biotech gain of more than 50% all four have come within the past week. Its been a good run. Biotech is looking like a good place to be too.

In our other options service Rapid Profit Trader we just closed a biotech gain of about 45%. We only held it for three days. You can make money really fast when youre in the right place in the market.

Paul: They say biotech is the poor mans lottery. Its been true. I have traded a ton of biotech in my life because you can have incredible, fast gains. You put options on top of that and were talking about a 12-engine rocket that can zoom up instantly. 45% in three days is just wow.

If youre interested in any of Ians services, he runs two phenomenal options services: Rebound Profit Trader and Rapid Profit Trader. They have slightly different strategies but they have a common goal to make you money really fast. Check into the description below.

A little market update. What are we seeing?

Ian: Were recording this Monday. Today the market is making all-time highs. I saw the ETF we track for biotech XBI is up 4% today. Biotech is still moving higher. S&P 500 is making all-time highs. The Russell 2000, which is the small- and mid-cap stocks is breaking out. Its at a 52-week high as well.

Its looking really good right now. Its looking really good to close the year out.

Paul: Remember, the way we look at the world 52-week highs are important because it shows confidence, it shows people are pushing money in and theyre willing to pay higher prices for it.

If you like the content you are seeing here on the Iancast, subscribe to the channel, give this video a thumbs up, share it with your friends and comment below on what youve been experiencing during this bull market. You can also follow me on Twitter @MampillyGuru.

Whats your Twitter, Ian?

Ian: Its @IanDyerGuru. Give me a follow.

Paul: Thats what we have for this Iancast for today. Ian, well have another one next week.Ian: Yeah. See everyone next week. Have a great weekend and hope you had a good Thanksgiving.Paul: Same here. This is Paul saying bye.

Cloud Computing Market revenue in Europe to exceed USD 75 Bn by 2026: Global Market Insights, Inc. – GlobeNewswire

November 30, 2019 | Author: admin

Selbyville, Delaware, Nov. 28, 2019 (GLOBE NEWSWIRE) --

According to latest report Europe Cloud Computing Market by Service Type (Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS)), Organization Type (Large Enterprises, SMEs), Deployment Model (Public Cloud , Private Cloud, Hybrid Cloud), Application (IT & Telecom, BFSI, Government and Public Sector, Healthcare, Retail, Manufacturing, Education), Regional Outlook, Competitive Market Share & Forecast 2026, by Global Market Insights, Inc., the market valuation of cloud computing in Europe will cross $75 billion by 2026.

The European cloud computing market growth is attributed to the steady uptake of cloud computing platforms to lower IT infrastructure procurement and maintenance costs and rapid expansion of global cloud vendors within the European countries. For instance, in December 2018, AWS launched three data centers in Sweden, expanding AWS regional cloud availability in the country. The data centers helped AWS to gain a significant market share in the country as an increasing number of Swedish firms were migrating to cloud data storage. The cloud computing platforms enable organizations to store and access information over the web, referred to as the cloud, lowering operational costs. Cloud service providers offer on-demand computing resources including storage, networking, and applications based on the pay-per-use business model, enabling enterprises to scale up or down as per their requirements.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2902

Another factor leading to Europe cloud computing market growth is the supportive regulatory environment as the European government is taking initiatives to promote cloud usage in enterprises. For instance, in February 2019, the EU-funded project Open Clouds for Research Environments (OCRE) launched a tender to accelerate cloud adoption via the European Open Science Cloud. The tender includes Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). The growing dependence on cloud providers based in the U.S. and data security concerns has also compelled government agencies in countries including France and Germany to implement a plan to reduce dependence on cloud providers such as AWS, Google, and Microsoft.

The SaaS cloud computing delivery model held the majority of Europe cloud computing market with around 65% share in 2018. This is attributed to the high scalability and flexibility offered by SaaS platforms. SaaS can be accessed anywhere through various platforms, such as mobile devices and web browsers, reducing the requirement for large-scale infrastructure. SaaS is witnessing a rapid market adoption due to its extensive use for delivering Customer Relationship Management (CRM) applications, enabling enterprises to leverage low-cost benefits through pay-per-use subscription models. Integration of new technologies including AI and machine learning will also strengthen SaaS market growth.

The large enterprises segment is anticipated to grow at a CAGR of over 13% from 2019 to 2026 due to surging demand for replacing legacy IT infrastructure. Large enterprises in European countries are witnessing a dynamic shift toward cloud computing platforms for leveraging the benefits of CRM and Enterprise Resource Planning (ERP) solutions on virtual infrastructure. Increasing investments in cloud computing technologies by large enterprises are expected to augment the deployment of cloud platforms for accelerating service delivery and ensuring business competitiveness.

The public cloud deployment model held over 50% of the Europe cloud computing market share in 2018 as this deployment model supports resource sharing by multiple enterprises to leverage economies of scale. SMEs and startups in European nations are increasingly adopting public cloud models for reducing IT spending and leveraging the scalability of these platforms to handle fluctuating workloads. According to the December 2018 data released by the Directorate-General of the European Commission for Statistics (EuroStat), public cloud adoption in start-ups was 11% more than large enterprises across the EU.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2902

The retail sector will witness a significant surge in the adoption of cloud computing due to the growing use of the IaaS model to handle website traffic and deliver seamless shopping experience through mobile platforms. The retail industry is rapidly adopting cloud computing technology to leverage customer data for enhanced business intelligence. Technologies, such as interconnected Point-of-Sales (POS) and centralized invoicing through the cloud platform, are assisting retail enterprises in delivering better customer service.

Germany held a significant market share of above 18% of the Europe cloud computing market in 2018 and is anticipated to exhibit lucrative growth over the forecast timeline. This is attributed to the robust ICT infrastructure and the increasing adoption of cloud computing by the German automotive sector for smart manufacturing. For instance, in March 2018, Daimler AG deployed Microsoft Azure cloud services for developing telemetry solutions and vehicle IoT apps. With the advent of Industry 4.0 and the growing use of SaaS by German enterprises, cloud computing usage in the country is expected to witness sustained growth over the forecast timeline.

Companies operating in the Europe cloud computing market are focusing on various business growth strategies including investments in data centers, strengthening partner network, and geographical expansion. Through such strategic moves, companies are trying to gain a broader market share and maintain their leadership in the market. For instance, in September 2019, Google announced the launch of a new cloud data center in Poland to extend its cloud revenues in the European region.

Browse key industry insights spread across 240 pages with 252 market data tables and 29 figures & charts from the report, Europe Cloud Computing Market Size 20192026 in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/europe-cloud-computing-market

Table of Contents (ToC) of the report:

Chapter 3. European Cloud Computing Market Insights

3.1. Introduction

3.2. Industry segmentation

3.3. Industry landscape, 2015 - 2026

3.4. Evolution of cloud computing

3.5. Cloud computing architecture

3.6. Industry ecosystem

3.7. Technological and innovation landscape

3.8. Regulatory landscape

3.9. Industry impact forces

3.9.1. Growth drivers

3.9.1.1. Increasing demand for cost efficiency and return on investment

3.9.1.2. Strong government support for promoting cloud adoption

3.9.1.3. Presence of numerous cloud data centers in the European region

3.9.1.4. Growing popularity of hybrid cloud computing

3.9.2. Industry pitfalls & challenges

3.9.2.1. Threat of data breaches and cyber attacks

3.9.2.2. Performance issues and system downtimes

3.9.2.3. Shortage of skilled IT workforce

3.10. Growth potential analysis

3.11. Porters analysis

3.12. PESTEL analysis

Browse Complete Table of Contents (ToC) @

https://www.gminsights.com/toc/detail/europe-cloud-computing-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Read the original post:
Cloud Computing Market revenue in Europe to exceed USD 75 Bn by 2026: Global Market Insights, Inc. - GlobeNewswire

IT solutions found in the cloud – AZ Big Media

November 30, 2019 | Author: admin

The latest innovations in technology are set to shape the future of the business world. Industry leaders are excited about the prospects of 5G technology, cloud-based operations, and artificial intelligence. While the cloud is not a new idea to businesses, the true opportunities that it holds are just now being realized. There are many things thatcloud-based systemscan bring to your company, but the main that you should know is that implementing this technology has more pros than it does cons. The cloud is going to be a foundational element of the digital infrastructure of the future, with expectations of driverless cars, smart elevators, subways, power plants, and more being managed remotely but accurately and safely through cloud-based storage and computing of massive amounts of data. Within a company, the cloud can be transformative, as it will enable small and mid-sized businesses to rely on artificial intelligence and data analytics to inform their business decisions more wholly and quickly.

Costly IT resources can be housed through the cloud with hosting platforms like Microsoft and Amazon. These arent the only options for your business needs, and you should consider which ofthese cloud software solutions are right for your staff and operating demands.

Using a web-based service, you can choose from several web functions for your business rather than an entire application package. These services use open standards and different languages with a protocol backbone to integrate with the other parts of your companys operations. You could select a web-based service for account processing or a payroll function. There are individual services that can be chosen from a multitude of providers.

A Software as a Service approach is one of the more commonly used elements of cloud computing. It provides multiple cloud users to access a specific application. The new Office 365 is a type of SaaS, with Microsoft selling subscriptions to the entire Office suite or to the applications that the user needs the most. This a streamlined approach to cloud-based interactivity, as the end-user is able to develop a more limited use of solution-based products that deal with daily operations. The services are managed by an IT services provider, help reduce the stress on the end-user.

The Infrastructure as a Service plan establishes the basic needs for cloud operations and gives the user access to virtual machines, network functions, storage space, and dedicated hardware. The technology is a way to outsource infrastructure yet serves as a foundation for the operations of your business or another cloud-based service. Amazon Web Services is a type of IaaS, establishing message queues, services buses, virtual networks, and non-relational storage platforms to users.

A Platform as a Service brings the necessary operating systems and hardware to manage cloud applications. These systems will help increase your business efficiency without the headache that comes with planning, procuring, managing, and maintaining a companys cloud-based solution. Companies will useboth an IaaS and PaaSto manage their IT infrastructure. There are many companies that offer software development kids, making it easier for developers to create and implement their own applications.

There three primary types of cloud deployment systems, either hosted, hybrid, or an on-premise solution. In a hosted cloud solution, there is a services provider that owns, manages, and maintains the system. A hybrid arrangement combines the use of an on-premise and hosted application. On-Premise deployment is generally not cloud-based, but there are applications hosted through private clouds.

Using a cloud-based computing system will give your company access to resources that are costly to achieve through your own IT department. Cloud solutions are efficient, cost-effective, and can be acquired in a number of ways to meet your companys needs.

Read the original:
IT solutions found in the cloud - AZ Big Media

Alibaba wants its cloud computing to help power the future – Abacus

November 30, 2019 | Author: admin

After a successful listing in Hong Kong this week, Alibaba Group Holding chief executive Daniel Zhang Yong said he remains focused on the long term and empowering people through technology.

Today, because of digital technology, we can enable people and our merchants to do business in a digital way. We are able to help traditional companies transform themselves into a digital, data-driven company, Zhang told the South China Morning Post this week. That was our mission from day one. We have a huge digital infrastructure and we want to use this for good, rather than just build scale.

Zhang said Alibaba is focused on trying to help its partners transform their entire business including sales, transactions, product innovation, cloud infrastructure and supply chain management.

By the end of the annual 24-hour Singles Day shopping extravaganza on November 11 this year, the Chinese technology giant reported a record-shattering 268.4 billion yuan (US$38.4 billion) of sales.

All of this took place with zero downtime, thanks to its cloud infrastructure and artificial intelligence (AI) technology, Alibaba Cloud said in a statement following the event.

Cloud infrastructure is critical to the future of society in fact, all future businesses will need the cloud to generate and collect data and then analyse that data to create value, said Zhang. And this requires computing power and efficiency.

Around 544,000 orders per second were processed on our Apsara cloud, which is a public cloud, added Zhang. This validates our capabilities and means we can help many other companies with their cloud needs.

Furthermore, energy consumption at Alibabas data centerdropped 70% from the previous year, saving more than 200,000 kilowatt hours of energy, according to information provided by the company.

Another new trend at this years Singles Day was the sharp increase in people using smart assistants or voice shopping to buy goods. More than one million orders were placed and processed through voice command using Alibabas smart speaker Tmall Genie this year.

New technologies means that consumer behavior changes just like the desktop to mobile internet switch, said Zhang. Voice shopping is a very important new entry point from the physical world to the digital world and we were very happy to see more and more young consumers use voice shopping through Tmall Genie.

Zhang indicated that Alibaba was looking at offering its customers more innovative ways to shop by exploring various disruptive technologies.

One of this years major trends for ecommerce companies in China, including Alibaba rivals JD.com and Pinduoduo, has been the rise of the rural consumer. Spending by shoppers in the countrys second- and third-tier cities have increased as more Chinese consumers have become affluent.

Consumer internet penetration in rural areas and communities is very important. In the past year, 70% of our new customers came from lower tier cities in China, said Zhang. Due to lifestyle changes we once again saw consumer buying behavior change.

Alibaba said Juhuasuan, its ecommerce platform that targets tier-3 cities and below, had 7,000 items that hit over a million orders and 576 items that received over 10 million orders at this years Singles Day event.

Consumers in Chinas lower-tier cities, such as Guilin, Luoyang and Sanya, have showed a higher willingness to pay when compared with those in more affluent cities like Xiamen and Zhuhai, as people in smaller Chinese cities increasingly seek an upgrade in their quality of life and experience, according to PwCs Global Consumer Insights Survey 2019 China Report, issued ahead of this years event.

Zhang said it is not just about consumption though.

We want to help them create new businesses and generate more addressable income, said Zhang. For example, by helping them sell their agricultural produce to buyers in big cities in a more efficient way using digital technologies.

In terms of the risks from the current US-China trade tensions, Zhang pointed out that China is the worlds largest consumer market with rapidly improving digital infrastructure. That is something the US will not want to lose access to.

Trade can makes things easy and partners can make things easy, said Zhang, adding that he hoped the US and China would reach an agreement as that would be good for the world.

I am very confident about Alibabas future though, said Zhang. All of our core technologies today are self-developed, such as Apsara, and that is a testament to our digital capabilities.

Alibaba, which is also listed in New York, is the parent company of the Post.

See the original post here:
Alibaba wants its cloud computing to help power the future - Abacus

Cloud Hosting

Data Center Outsourcing and Hybrid Infrastructure Managed Services Market Revenue, Region Analysis, And Forecast 2024 – Space Market Research

Why Is Apple Trusted More Than Google? – Forbes

U.S. Authorities Arrest Virgil Griffith For Teaching Cryptocurrency And Blockchain – Forbes

What Hides Behind South Korean Cryptocurrency Regulation Policy? – The Diplomat

CipherTrace Q3 2019 Cryptocurrency AML Report: 2/3 of the Top 120 – AiThority

Cryptocurrency Crime Spikes This Year and SMBs are Paying the Price – Commercial Integrator

$150 Billion Cryptocurrency Boom Is Here Buy This ETF to Profit – Banyan Hill Publishing

Cloud Computing Market revenue in Europe to exceed USD 75 Bn by 2026: Global Market Insights, Inc. – GlobeNewswire

IT solutions found in the cloud – AZ Big Media

Alibaba wants its cloud computing to help power the future – Abacus

Recent Posts

Categories

Archives

Media Sites

Pages

Site admin