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How cryptocurrency ethereum looks set to overtake bitcoin in one chart – MarketWatch

Just as Wall Street is paying more attention to bitcoin, a rival is increasingly threatening to become the top dog among cryptocurrencies.

Ethereums market capitalization is nearing bitcoins, as shown in the chart below from CoinMarketCap.

As of Wednesday, bitcoin BTCUSD, +0.75% (shown in orange on the chart) accounted for 39% of the combined market capitalization for all cryptocurrencies, down sharply from 87% on Feb. 25.

Blame the erosion on ethereum (shown in purple), which now makes up 31% of the total market cap, up from just 5% less than four months ago.

If ethereums market cap overtakes that of bitcoin, then The Flippening will have happened. That is the term that many people are using to refer to that shift, according to a post at the Flippening Watch blog.

Bitcoins market cap on Wednesday was around $45 billion and its price was just below $2,800, according to data from CoinDesk and CoinMarketCap. Ethereums market cap recently stood at $36 billion and its price at around $390.

Read more: Cryptocurrencies top $100 billion in market capitalization

Dont miss: 3 reasons why bitcoins surge may not be a bubble

By some metrics, ethereum already has eaten bitcoins lunch.

It has almost five times as many nodes in its network as bitcoin, meaning more people are using their computers to support it, a Motherboard report notes. Ethereum also has more transactions per day, the report adds.

Check out: Ethereum has soared but is it ready for prime time?

But some traders remain skeptical of ethereum:

In the screenshot in the above tweet, ICO refers to an initial coin offering, a new way to raise money. One startup reportedly raised nearly $150 million this week via an ICO.

As their prices have soared, cryptocurrencies increasingly have attracted the attention of Wall Streets analysts.

A Goldman Sachs technical analyst issued a bearish take on bitcoin earlier this week, leading the Zero Hedge financial blog to quip that probably means that bitcoin is set to make new all-time highs shortly.

Meanwhile, Morgan Stanley analysts have predicted that cryptocurrencies will not rally that much more unless they get governmental acceptance, including more regulations.

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Box Says Its Latest Cloud Feature Puts Nearly Unlimited File Storage at Your Fingertips – Fortune

Box, a company pushing what it touts is a secure method for companies to store sensitive work files in the cloud, is now extending that capability with a new feature called Box Drive.

As Box has always described itself as a cloud storage company, it would be easy to consider this business as usual. But Box CEO Aaron Levie clarified how Box Drive differs from the current product.

Previously, Levie tells Fortune , users had to log onto the website to see all their files and folders, and synchronize what they selected to their local device. Box Drive, on the other hand, streams all of that content so it shows up directly on the desktop.

Box Drive lets you navigate all of their corporate assets from your local machine, without them actually being stored on your hard drive," adds Alan Lepofsky, vice president of Constellation Research.

Related: Look for Box to Get Tighter With Google Cloud

Box Drive is based on technology the company acquired when it bought Stream, a file streaming specialist, two years ago.

Box Drive shows up on the user's desktop like any other drive. But all the other Box features the customer already haslike encryption key management and Box Zones, which determines where the business's data is stored geographicallyare applied.

Some countries, like Germany and Australia, have strict requirements that user data stay in the country of origin, which is what Box Zones enforces. Box runs its own data centers in some regions, while using Amazon Web Services ( amzn ) and IBM ( ibm ) cloud data centers in other areas.

Get Data Sheet , Fortunes daily newsletter on the business of technology.

All Box users can try out Box Drive now. When it is generally available later this year, it will carry no additional cost to Box customers.

Box faces stiff competition in the cloud file storage space. Microsoft ( msft ) has OneDrive , Google ( goog ) has Google Drive , and Dropbox, a consumer fan favorite, is also pushing into business accounts.

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How To: Quickly Check Your OneDrive Storage Space Usage in Windows 10 – SuperSite for Windows

Earlier this week, Microsoft took the first step in returning the very popular placeholders feature back to OneDrive in Windows 10 with the OneDrive Files On-Demand feature.

This feature has been missing for two years, just prior to the Windows 10 release in July 2015 it was pulled from the service, and currently Windows Insiders have begun testing this on their Fast Ring devices.

You can go check out our coverage of this feature, a screenshot gallery, and a hands on demo video if you are curious about how it is going to work moving forward.

In the interim I wanted to share a quick tip on how you can quickly check how much storage you are using in OneDrive and how much space is left for your cloud based files.

Note: This tip works in the OneDrive client on all versions of Windows 10 that are currently available and only takes two clicks.

Click One

Find the OneDrive icon in your system tray and right click on it to bring up the context menu.

Click Two

Click on the Settings option in the context menu.

Now you can just glance up in the top left corner of this dialog box and you will see how much cloud storage you're using on OneDrive and what the total amount is that you have available for this account.

Two clicks - well actually you will need a third click to close this dialog box once you have looked at your storage statistics.

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But, wait...there's probably more so be sure to follow me on Twitter and Google+.

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Amazon Web Services AI exec: How cloud computing is driving artificial intelligence breakthroughs – GeekWire

Artificial intelligence research is still in its infancy, at least as compared to computer science in general, but the concept of unlimited computing resources is accelerating the field.

As someone with nearly unlimited computing resources at his disposal, this is something Swami Sivasubramanian, vice president of AI at Amazon Web Services, is watching play out. Last week Sivasubramanian walked GeekWire Cloud Tech Summit attendees through the array of artificial intelligence and machine-learning services that his team has developed for AWS customers and Amazons own internal services as well.

If youve been through a few tech cycles, youve already heard a lot about artificial intelligence. Much has been promised from this research field over several decades, but the enormous amount of data now moving into cloud computing services like AWS and others allows researchers like Sivasubramanian to make real breakthroughs that werent possible when data sets were scattered and siloed.

Many of these algorithms, especially like deep learning neural nets, papers were written about even two decades ago. But what has accelerated adoption of it is that we have specialized compute infrastructure, such as GPUs, specialized CPUs, FPGAs (field programmable gate arrays), you name it, he said. The combination of huge data sets and powerful computing engines is making AI concepts previously confined to science fiction a reality.

Take two AWS customers: CSPAN and the sheriffs office of Washington County in Oregon. Using the companys Rekognition image-recognition service, both were able to automate tasks that required painstaking human labor. CSPAN can now automatically identify Congresspeople speaking on the floor of the House or Senate, saving someone from having to manually annotate those videos, and Washington County is using the service to help it process photo tips when it is looking for a person of interest in an investigation.

But its still very early days for AI applications: Sivasubramanian joked that this world is about where the field of databases was when btrees were invented in the early 1970s. Thats about to change, however, as we gain a greater understanding of how AI models work and develop more sophisticated ways of training these systems to accomplish real goals.

Watch the full video of Sivasubramanians GeekWire Cloud Tech Summit talk above, and stay tuned for more highlights from the event in the days ahead.

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‘Sweden is heaven for cloud computing’: Amazon Nordic chief – The … – The Local Sweden

Darren Mowry of Amazon Web Services. Photo: AWS

The head of Nordic operations for Amazon Web Services (AWS) has spelled out exactly why the US cloud computing giant chose to locate three state-of-the-art data centers in Sweden.

In April, it emerged that AWS planned to open a new infrastructure region for its cloud computing services in the Stockholm region in 2018.

Swedens enterprise and innovation minister Mikael Damberg hailed the deal as huge for Sweden.

They could do that wherever in the world, but chose to do it here," he added.

Now the man responsible for expanding AWSs cloud services operations in Sweden, American Darren Mowry, has disclosed the reasoning behind his companys decision to invest in Sweden.

Sweden truly does have it all, Mowry writes in a blog post published on the Data Centers by Sweden website.

But theres more to it than that.

Read his full explanation behind the AWS investment here.

This article was produced byThe Local Client Studioand sponsored by Data Centers by Sweden.

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Box launches Box Drive to help firms retire legacy network file share infrastructure – Cloud Tech

Cloud storage provider Box has announced the launch of Box Drive, a desktop application which aims to match the power of the cloud with the more familiar feel of traditional network drives.

The goal of the product is to make it easier to adopt the cloud without changing the way people work. The future of work is working in the cloud, the company notes. Box Drive makes moving to the cloud incredibly easy. Users are freed from the constraints of their local hard drives because they have instant access to all their files in the cloud and real-time collaboration is even more simple and intuitive.

Box Drive combines infinite access to the cloud with an intuitive, natively integrated desktop experiences that is familiar to hundreds of millions of people today in enterprises all over the world, said Aaron Levie, CEO and co-founder of Box in a statement. Not only will Box Drive make collaborating on content easier than ever before, it also signals the beginning of the end for expensive network file shares.

With Box Drive, enterprises can accelerate their move to the cloud, enhance security, and significantly reduce IT costs.

While not in the same ballpark with regards to technology, this move from Box is reminiscent of Amazon Web Services (AWS), who announced the general availability of Greengrass earlier this month. Greengrass enablers users to perform tasks on premise while leveraging the process, analytics and storage of the AWS cloud.

This differs from Box in that the storage provider is trying to help organisations phase out expensive legacy infrastructure such as traditional network file shares. The company added that estimated cost savings through retiring legacy tech across industries such as real estate, healthcare, and finance can be as high as $6 million over three years.

The product is free for all Box users and is available today in public beta. You can find out more here.

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Tech Data Launches Small Business Cloud Server on Microsoft Azure – PR Newswire (press release)

"The Tech Data Small Business Cloud Server makes it easy for resellers to help them take that next stepand to take the burden of applications and security management off their small business customers as well. It is an ideal base upon which small businesses can start to construct their own efficient and cost-effective cloud ecosystem, and for SMB resellers to use as a platform on which they can build their cloud services revenues."

The service is available in three sizes: 1-6 users, 7-20 users, and 40+ users. Detailed monthly usage and billing information will be provided to resellers via StreamOne, and pre-determined usage thresholds and limits can be set if required. In addition to a Microsoft Azure virtual machine, the Tech Data Small Business Cloud Server comes with Microsoft Office 365 (Exchange, Office and SharePoint) software and provides backup, storage and VPN functionality. Remote desktop is optional for remote access.

Alyssa Fitzpatrick, general manager, SMB Sales for Microsoft Corp., stated: "Microsoft applauds Tech Data's initiative and the investment in setting up its Small Business Cloud Server on Microsoft Azure. It provides SMB customers an option when looking for a flexible and cost-effective cloud-based platform for their IT solutions, and especially for those deploying Microsoft Office 365, Dynamics 365 and Microsoft Enterprise Mobility + Security solutions."

A Small Business Cloud Server can be set up in minutes using StreamOne, Tech Data's cloud provisioning and billing platform. Users can easily be added and removed, while servers can be deployed and managed remotely, enabling resellers to offer swift and inexpensive set-up services.

"Microsoft Azure gives specialized businesses like ours a new world of options when it comes to truly optimizing our back-office environmentno more one-size-fits-all boxes," said Mike Farlow,president at ComTech Network Solutions, an SMB solution provider and Tech Data partner. "Small Business Cloud Server is a great option for SMBs as it provides the flexibility that we've not seen, and it allows us to grow as our business warrants, without the traditional limitations of resources."

"The Small Business Cloud Server solution from Tech Data is very easy to deploy and manage; also, the resources provided by Tech Data were simple to understand and gave us the necessary knowledge and confidence to be successful in this space," said Jim Hunton, owner of Onsite Technical Services, an IT solution provider and Tech Data partner. "We plan on also showcasing this solution to our customers, as it will enable us to provide more options and advise on which solution best helps solve for their business and IT needs."

Tech Data's approach to the cloud helps partners excel through specialization while capitalizing on the high-growth, next-generation technologies that are redefining the future. In addition to the cloud, partners can leverage in-depth expertise in complementary technology market segments, including cognitive computing, the data center, data analytics, the Internet of Things (IoT), mobility, security and enterprise networking, and training and education.

For more information on Tech Data Cloud in the Americas, contact tdcloud@techdata.com or call (800) 237-8931. In Europe, contact cloud@techdata.eu.

Click to tweet: .@Tech_Data Launches Small Business #Cloud Server on @Microsoft #Azure http://ow.ly/qXsJ30cz0SA.

About Tech Data Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 115,000 resellers to efficiently and cost effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $26.2 billion in net sales for the fiscal year ended January 31, 2017. It is ranked No. 107 on the Fortune 500 and one of Fortune's "World's Most Admired Companies." To learn more, visit http://www.techdata.com, or follow us on Facebook and Twitter.

Media Contact Wally Campbell Public Relations Manager, Americas Tech Data Corporation 480.794.7426 wally.campbell@techdata.com

George Troughton Communications Manager, Europe Tech Data Corporation Mobile: 0034 615 841 745 Telephone: 0034 93 297 0222 George.troughton@techdata.eu

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tech-data-launches-small-business-cloud-server-on-microsoft-azure-300474127.html

SOURCE Tech Data Corporation

http://www.techdata.com

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CRN Exclusive: Tech Data Gives SMB-Focused Partners A Leg Up With New Pre-Configured Microsoft Azure-Based … – CRN

Tech Data Wednesday launched a pre-configured small-business cloud server for Microsoft Azure to make it less expensive and easier for partners to support customers in the public cloud.

The Clearwater, Fla.-based distributor said that many small business have adopted the cloud-based Microsoft Office 365 productivity suite but have held off on moving additional workloads to the cloud, according to Stacy Nethercoat, vice president of Tech Data cloud solutions, Americas.

"Infrastructure-as-a-Service can be complex and overwhelming," Nethercoat told CRN exclusively. "We believe there is a lot of demand in the market for pre-configured solutions."

[RELATED: Tech Data CEO: Company Is 'Winning In The Marketplace' Following Key Acquisition]

The server can be set up in minutes using Tech Data's StreamOne cloud provisioning and billing platform. The distributor's global solutions design group pre-architected the solution with Microsoft Azure, and then integrated it into StreamOne, Nethercoat said.

Prior to Tech Data's offering, Nethercoat said a solution provider would have needed to employ solution architects and developers well-versed in Microsoft Azure to unlock this capability on their own. But by leveraging the distributor's intellectual property, channel partners can increase their margins and get to recurring revenue faster, she said.

Tech Data plans to leverage its intellectual property and develop global solutions that can be deployed into multiple clouds so that they're available for partners regardless of their cloud provider. The distributor now also enjoys deep relationships with Amazon Web Services, IBM SoftLayer and IBM Bluemix thanks to its $2.6 billion acquisition of Avnet Technology Solutions in February.

Solution providers can swiftly and inexpensively set up the small-business cloud server and deploy and manage the servers remotely, according to Tech Data. Nethercoat said the offering should appeal to any partner servicing SMB or midtier clients regardless of IaaS proficiency, and will come with training and enablement collateral for partners.

The service is available in three sizes: one to six users, seven to 20 users and more than 40 users. Nethercoat said the resources need to be configured specifically based on the size of the environment, although the environment is flexible enough for partners to shift from one size to another as the size of their end-user customers changes.

The support provided by Tech Data remains the same across all three sizes of the service, Nethercoat said. The cloud server will be a monthly, pay-as-you-go offering, she said, and is expected to be the first of many cloud offerings that leverage the distributor's intellectual property.

Tech Data's post-sales support around the small-business cloud server includes everything from addressing simple password problems to needing to expand the environment because the end user has added additional people, Nethercoat said.

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The 3 Best Server Companies to Buy in 2017 – Madison.com

The global server market isn't the most flashy part of the technology industry, but it is one of the most important sectors in all of tech. Whetherphysical or cloud-based, servers are the backbone of modern computing. Without them, our tech-laden world could not exist.

That's why the companies that make servers can be steady, reliable investments. International Business Machines (NYSE: IBM), Hewlett-Packard Enterprise(NYSE: HPE), and Intel (NASDAQ: INTC)are three prominent names to consider in this space. Let's take a closer look at them.

The shift from physical servers to cloud-computing products is one of the biggest trends in the server market today. It's also the reality for IT giant IBM.

IBM saw its server sales decline 22% from $7.5 billion in 2015 to $5.9 billion in 2016. The company is in the third year of the sales cycle for its z13 mainframe server, and it emphasized that it continued to add server clients in 2016.However, in fiscal 2016 alone, cloud service revenue rose 49%, from roughly $3.9 billion to $5.9 billion,more than compensating for the revenue decline in physical servers.

Of course, selling cloud services involves increasing the number of its own servers in use. It's just that the physical servers are separated from the cloud-computing software, which changes the sales model but not the computing product being delivered. So IBM's revenue model will always be connected to the server market, even as the way it sells its computing power changes along with the rest of the industry in the years to come.

Image source: Getty Images

Servers are the largest revenue driver for Hewlett-Packard Enterprise, the largest server producer by market share. Their sales accounted for $14 billion of its $50.1 billion in total 2016 sales.

Hewlett-Packard Enterprise has so far weathered the changes in the server industry better than expected, as server sales for the IT giant fell just 0.7% in fiscal 2016. However, some of the long-term trends affecting the sector may be catching up with it, as server sales declined 14% year over year, from $3.5 billion to $2.9 billion, inthe most recent quarterly report.

The bigger problem is that the company lacks a dedicated cloud suite of products like IBM does. IBM can hope to hold on to many of its customer relationships by transitioning their solutions from physical servers to cloud computing as a service. Whether Hewlett-Packard Enterprise can figure out a similar solution will be the thing for investors to watch in the coming years.

The world's largest chipmaker rules over the server market; estimates of its share of server market microprocessors hover around 99%.So the company stands a great chance of continuing to print profits from the computing infrastructure space, even as the way computing is delivered changes.

That's great news, because Intel's data-center group, which represents the company's server sales, produced a 43% operating margin in fiscal 2016.This segment has, however, seen its operating margin decline from as high as 50% in 2014, a drop that Intel seems to pin on increased operating expenses.

If that's so, it implies that the company hasn't lost its top-line pricing power. That seems like a possibility, as leading cloud companies such asAmazon.com, Alphabet, and others could seek volume discounts for their server chips. Investors will want to keep an eye on this trend, but there's little doubt that Intel is one the most indispensable companies in the server market today.

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How to Create a Laravel-Based LAMP Stack on Ubuntu – ProgrammableWeb

Laravel, has become the most used PHP framework for projects of all scopes (there are other PHP frameworks too like CodeIgniter, Symfony, Yii, and Zend). Whether you're working on a simple web app or a huge corporate portal, Laravel is up for the task. The robust framework is very versatile and is supported by a very passionate community of developers and users. Another good thing about Laravel is how easy installing and launching a Laravel project is in all development environments.

One exception to this rule is the installation of Laravel framework on cloud servers. In this tutorial, you'll go through the steps required to set up a Laravel-powered LAMP stack on Ubuntu. For the purpose of this tutorial, you'll be using a DigitalOcean-based cloud server running Ubuntu 16.04.2. DigitalOcean is a cloud infrastructure provider out of New York City. You don't need to use DigitalOcean, you just need access to an Ubuntu server, which could be located on your own network or in the cloud on one of the many services that compete against DigitalOcean (for example, Amazon).

Go to the DigitalOcean sign up page and sign up with your ID. An email will be send to your ID, and you should verify it and log in to your DigitalOcean account. Once you're logged in, go to Create a New Droplet. Choose your distribution, size and the data center of your server, as shown in the following GIF.

In order to install the Laravel PHP framework, you'll need access to a server's command line interface (CLI). The most common and convenient way of connecting to a Linux-based cloud server's CLI is with the Secure Shell (SSH) application. This shell offers a secure communication channel for connecting to and executing commands on the cloud server.

As an application, SSH comes pre-built into Linux and Mac OS X environments. If you want to access the server's CLI with Windows, download and use PuTTY. In this example, you'll use PuTTY. To connect to the cloud server, you must have the following credentials:

Fire up PuTTY and fill in the server IP address. Putty launches directly into this dialog box.

Click Open. You'll see a security alert notifying that you've not connected to this server before. If you're sure that you've got the IP address right, click Yes.

Next, you're prompted for your login credentials first thing in the terminal window. Insert the login credentials (username and password) for the server.

Note: You won't be able to see the password in the console screen.

Now, you're successfully connected to the server.

A LAMP stack is an integrated and interconnected setup of open source software. The setup comprises of Linux, Apache web server, and PHP. The M traditionally refers to MySQL, an open source relational database management system (RDBMS).

At least when it comes to Linux-based servers, the LAMP stack is for the most part what's minimally needed to run a website. For this reason, it's perhaps the most common solution for setting up servers for web development. An important reason for this universal choice is the cost factor all components of the LAMP stack are open source and, therefore, are free to use.

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