The world's top cloud computing companies have enjoyed another bumper quarter as they reap benefit from the global shift towards remote working.

Google Cloud has revealed its Q2 revenues grew over 43% year on year in what was otherwise a challenging period for parent company Alphabet, which saw overall revenues struggle.

Meanwhile its big rival Amazon Web Services (AWS) also saw a 29% growth in revenues for its Q2, marking another few months of success for the cloud giant.

AWS revealed that the global coronavirus pandemic had affected partnerships with some of its largest customers, although revenues still totaled $10.81bn for the quarter - equivalent to around 12% of Amazon's total revenue as a whole.

This marked the first time AWS growth slipped under the 30% margin, down from the 33% seen in Q1 2020, but the company enjoyed a number of expanding partnerships with companies such as Zoom and Slack, as well as organisations such as Formula 1.

Google Cloud revenues brought in $3.007bn for Q2 2020, up 43% from $2.1bn year-on-year and $2.77bn in the previous quarter - although this did represent a slightly lower rate of growth from Q1 2019, where the year-on-year revenue increase hit 52%.

"GCP maintained the strong level of revenue growth it delivered in the first quarter, and its revenue growth was again meaningfully above cloud overall," Google CFO Ruth Porat stated.

"Overall, the lower Google Cloud revenue growth in the second quarter relative to the first quarter reflects the fact that G Suite lapped a price increase that was introduced in April last year. G suite maintained healthy growth in average revenue per seat as well as in seat growth which does not include customers who took advantage of our free trials as they shifted their employees to work-from-home."

Google Cloud proved a bright point for the company as a whole, with the report seeing Google record its first quarterly revenue decline since going public. Overall, parent company Alphabet reported total revenue of $31.6bn, down from $31.7bn over the same period last year.

The successes for Google Cloud and AWS were mirrored by their other great rival Microsoft Azure, which has been a huge success story for the company as demand for cloud computing capacity has soared over the last decade. The recent move towards remote working has also led to increased Azure usage, with revenues in the division rising 27 percent year over year in Microsoft's recent Q2 2020 results.

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Google and AWS revenues soar due to cloud computing success - TechRadar

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Software provider Open Text beat earnings estimates Thursday evening. It is another strong result from the Canadian-based software maker specializing in digitizing text. Results show that the trend of taking data into the cloud is alive and well, despite Covid-19. Thats good news for Open Text stockholders as well as all software investors.

Open Text (ticker: OTEX) reported 80 cents in per-share earnings from $827 million in sales for its fiscal fourth quarter, which corresponds to the second calendar quarter.

Wall Street expected 60 cents from $805 million in sales. Analysts estimates for the second quarter came down coming into the earnings reportas they did for many other companiesbecause the pandemic has had an impact everywhere. When the year began, analysts expected the company to earn about 75 cents in per-share earnings in the calendar second quarter. Open Texts earnings actually beat prepandemic levels.

Open Text stock was up more than 5% in after-hours trading.

Fiscal 2020 was a pivotal year for Open Text, highlighting that digital technologies are the key to business resilience, CEO Mark Barrenechea said in the companys news release. Businesses that build digital capabilities will recover faster and emerge stronger from this pandemic.

Recurring revenue came in at $658 million, up 18% year over year, growing faster than overall sales. Subscription-type sales have been another powerful trend in the software industryas, or even more, important than cloud computing-trends. Subscriptions for software are replacing the regular upgrade cycle that once made software company sales more cyclical.

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Barrons wrote positively about Open Text in 2019, believing it was an undervalued software play. Since that story was published, Open Text stock is up more than 20%, better than returns of the S&P 500 and Dow Jones Industrial Average over the same span. Software components of the S&P 500, however, are up more than 60%. Open Text valuation remains below its software peers.

Year to date, Open Text stock is up about 4%. Again, that is a little better than major U.S. stock indexes, but lagging behind larger software peers in the S&P 500, which are up about 34%. The largest software component of the S&P 500 is Microsoft (MSFT). Its stock is up about 37% in 2020.

Wall Street likes Open Text shares, too. Almost 80% of analysts covering the company rate shares the equivalent of Buy. The average Buy-rating ratio for stocks in the Dow Jones Industrial Average is about 55%. Whats more, the average Buy-rating ratio for software stocks in the S&P 500 is about 60%better than average, but not as high as Open Text ratings.

The average analyst price target is about $48, a little higher than where shares ended regular trading on Thursday.

Open Text management was conducting an earnings conference call that began at 4:30 p.m. Eastern time.

Write to Al Root at allen.root@dowjones.com

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Software Providers Earnings Highlight the Value of Cloud Capabilities - Barron's

MIAMI--(BUSINESS WIRE)--eSource Capital, a pioneer in Cloud computing founded in 2007, with coverage in 20 countries, continues its expansion process by integrating Amarello, a Premier Google Cloud Partner, into its business offering.

This union creates a talent pool of +200 employees, a portfolio of more than 2,500 clients and 150 Cloud certifications. Together the group offers Data Analytics Infrastructure, Work Transformation, Google Maps Platform, Security, Disaster Response, and migrations aimed at attending to the growing demand for Cloud Computing services.

The mobility restrictions resulting from the pandemic have generated a new way of managing the technological resources of organizations. According to a survey carried out by Atento in Latin America, six out of ten companies have had to modify their digital strategy due to the COVID situation.

Financial and retail sectors, among others, require the efficiency and flexibility of Cloud Computing to support the new market realities. According to IDC, nearly 40% of organizations recognize the value of the digital transformation of the financial sector due to the global health contingency. Similarly, retail and e-commerce sites increased have seen double digit increases during this juncture. For this reason, many e-commerce platforms providers have sought to partner with public Cloud providers.

Since the pandemic began, browsing time on e-commerce sites have increased sharply. For this reason, many e-commerce platforms providers have sought to partner with public Cloud providers.

This transaction with Amarello, as well as other initiatives that we are implementing, are aimed at strengthening our capability to meet the needs of the market, says Enrique Camacho, CEO of eSource Capital group.

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About the Companies

eSource Capital is a US-based company with offices and operations in Latin America, the United States and Europe. Founded in 2007, they are experts in Cloud Computing solutions with services aimed at the implementation, adoption, and support for Software as Service (SaaS), Platform as Service (PaaS), and Infrastructure as Service (IaaS).

Amarello is a Mexican technology service provider specializing in solutions data-driven decision-making, data analytics, and artificial intelligence. It is also specialized in facilitating the path to hybrid cloud and application modernization in a secure and reliable environment with Google technologies.

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With the Integration of Amarello into eSource Capital, Two Premier Google Partners Create the Number One Provider of Google Cloud Solutions in Latin...

SINGAPORE, Aug. 6, 2020 /PRNewswire/ -- The edge artificial intelligence (AI) chipset market is expected to exceed the cloud AI chipset market for the first time in 2025, propelled by the increasing focus on low latency, data privacy, and the availability of low-cost and ultra-power-efficient AI chipsets. According to global tech market advisory firm, ABI Research, the edge AI chipset market will reach US$12.2 billion in revenues, outpacing the cloud AI chipset market, which will reach US$11.9 billion in 2025.

At present, the cloud is the center of AI. Most AI training and inference workloads happen in the public and private clouds. Traditionally, the centralization of these workloads in the cloud brings the benefits of flexibility and scalability. However, the industry has witnessed a shift in the AI paradigm. Driven by the need for privacy, cybersecurity, and low latency, there is an emergence of performing AI training and inference workloads on gateways, devices, and sensors. Recent advancements in key domains, including connectivity to cloud computing, new AI learning architecture, and high-performance computational chipsets, have played a critical role in this shift.

"As enterprises start to look for AI solutions in the areas of image and object recognition, autonomous material handling, predictive maintenance, and human-machine interface for end devices, they need to resolve concerns around data privacy, power efficiency, low latency, and strong on-device computing performance," explains Lian Jye Su, Principal Analyst at ABI Research. "Edge AI will be the answer to this. By integrating an AI chipset designed to perform high-speed inference and quantized federated learning or collaborative learning models, edge AI brings task automation and augmentation to device and sensor levels across various sectors. So much that it will grow and surpass the cloud AI chipset market in 2025."

This is a prime opportunity for chipset vendors with a diverse range of product offerings to capitalize and shine, instead of relying solely on a particular niche. Intel is a prime example. In 2019, the chipset conglomerate witnessed strong growth in Mobileye, its ADAS chipset subsidiary, and overtook NVIDIA as the leading-edge AI vendor. Intel is expected to continue to see high demands for its cloud AI chipset and experience strong demand for its Mobileye, Movidius and FPGA product solutions.

In the consumer market, COVID-19 has disrupted the demand for many smart devices, notably smartphones, smart home, and wearables, which has impacted the deployment of AI accelerators targeting these devices. At the same time, implementation in industrial manufacturing, retail, and other verticals have been postponed or put on hold.

"Nonetheless, ABI Research expects the market to rebound in 2022. It is important to note that the impact on the chipset supply chain has been relatively minimal since fabrication factories in Singapore and Taiwan remained operational during the outbreak," Su points out. Vendors of key connectivity technologies such as 5G, Wi-Fi 6, and autonomous solutions such as autonomous vehicles see minimal impact to their product roadmaps. They are continuing with their trials and deployments, foretelling a quick rebound in demand for edge AI chipset beyond 2022. "Catalyzing many other emerging technologies, edge AI will pave the way for a variety of new business opportunities in the consumer and enterprise segments," Su concludes.

These findings are from ABI Research's Artificial Intelligence and Machine Learningmarket data report.This report is part of the company's Artificial Intelligence and Machine Learningresearch service, which includes research, data, and analyst insights. Market Dataspreadsheets are composed of in-depth data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight where opportunities lie.

About ABI Research ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.

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For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visitwww.abiresearch.com.

Contact Info:GlobalDeborah PetraraTel: +1.516.624.2558[emailprotected]

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Edge to Dethrone Cloud for AI Chipset Revenues with US$12 Billion in 2025 - PRNewswire

Take note of these strong performers. As the pandemic has worn on and the economy tries to recover from the

Take note of these strong performers.

As the pandemic has worn on and the economy tries to recover from the downturn, the stock market has managed to gain back most of its spring losses as the Federal Reserve and Congress have pumped trillions of dollars of stimulus into the economy. There are even some companies whose shares have managed to exceed their pre-pandemic levels as demand for their products or services has ratcheted up with people spending more time at home. It also seems that these companies could do well for the longer-term as they are part of ongoing trends that the pandemic has just accelerated like home delivery of food and cloud computing. Here are six standout companies to watch.

Microsoft Corp. (ticker: MSFT)

In recent weeks, investors wanting to be in the stock market but also seeking to reduce risk with stable companies have turned to mega-cap tech names in droves. In the year through Mondays close, the information technology sector of the S&P 500 has led the index with a whopping 43.6% gain. Meanwhile, Microsoft recently hit a record high of more than $217 per share, well ahead of its pre-pandemic peak of around $185. In its most recent quarterly report, Microsoft beat analyst expectations on both revenue and earnings as cloud computing and gaming benefited from increased demand with consumers increasingly working, playing and learning from home. Although Microsofts Azure cloud services business is playing second fiddle to Amazon Web Services, Azure recently reached 20% market share for the first time, according to research from Canalys.

Amazon.com (AMZN)

In the second quarter, worldwide cloud infrastructure spending grew 31% to $34.6 billion, according to Canalys data. As the biggest provider of cloud services, Amazon is primed to take advantage of this acceleration. In the second quarter, year-over-year sales growth for Amazon Web Services fell to 29% from 37% in the comparable quarter last year but the business still racked up more than $10 billion in net sales. Amazon said it was actively trying to help businesses save money on cloud services, which didnt help revenue in the short term but could translate into customer loyalty going forward. Amazon is also seeing plans for migration to the cloud accelerate not something that can happen overnight but also part of a longer-term trend. Plus, while there has been growth in cloud computing needs for videoconferencing, gaming, remote learning and entertainment, other industries like hospitality and travel have been more challenged, CFO Brian Olsavsky said in a conference call.

Apple (AAPL)

Apple is another tech stock that beat earnings and revenue expectations for its most recent quarter. Sales for its products, which most notably includes the iPhone, as well as its services increased year over year, despite the pandemics continued weight on the economy. The company reported nearly $60 billion in revenue, a record for its June quarter. IPhone sales surpassed $26.4 billion, up from roughly $26 billion a year ago helped by a strong iPhone SE launch. Thats before the companys expected release of iPhone 12 models later this year. The company also announced a stock split that makes its shares more available to a wider range of investors.

Nvidia Corp. (NVDA)

Nvidia, which makes computer chips, was well-positioned to ride the growing wave of demand for internet-based services even before the pandemic. Now, as the pandemic has increased demand for gaming and data center usage, the companys shares have been soaring well above their pre-pandemic levels. In its most recent quarter, Nvidias gaming-related revenue jumped by 27% year over year, and its data center sales skyrocketed a whopping 80% from the same quarter in the prior year amid a surge in people gaming, working and learning from home. In April, Nvidia also completed the acquisition of Mellanox Technologies, a buy that makes Nvidia a bigger player in data centers and cloud computing.

Shopify (SHOP)

Its not just Amazon that is benefiting from the surge of people wanting to shop at home. Canadian e-commerce company Shopify has also been reaping the benefits of lockdowns as companies have flocked to its online retail platform. In the second quarter, new stores created on the platform grew by more than 70% from the previous quarter amid the pandemic-accelerated shift to online shopping as well as the companys extension of a free trial period for standard plans. Shopify expects users that created stores in April and May to continue converting into paid merchants through the end of this month. The companys revenue in the second quarter was also up an impressive 97% year over year.

DocuSign (DOCU)

With travel and in-person meetings curtailed sharply during the pandemic, businesses have increasingly been turning to DocuSigns technology that allows for electronic signatures on business agreements. The companys CEO Dan Springer said on a conference call that he expects the surge in people looking for ways to sign documents electronically will translate into expanded business for the companys Agreement Cloud, which is a suite of products and integrations for digitally transforming how organizations prepare, sign, act on and manage agreements. Even when the COVID-19 situation is behind us, we dont anticipate customers returning to paper or manual-based processes, Springer said. In its most recent quarter, the company reported $287 million in total revenue a 39% increase year over year.

Six public companies outperforming in tough times:

Microsoft Corp. (MSFT)

Amazon.com (AMZN)

Apple (AAPL)

Nvidia Corp. (NVDA)

Shopify (SHOP)

DocuSign (DOCU)

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Update 08/06/20: This article was published on a previous date and has been updated with new information.

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6 Public Companies Navigating the Pandemic Like Pros - WTOP

Latest published market study on Global Cloud Computing in Education Sector Industry Market with + data Tables, Pie Chart, high level qualitative chapters & Graphs is available now to provide complete assessment of the Cloud Computing in Education Sector Industry Market highlighting evolving trends, Measures taken up by players, current-to-future scenario analysis and growth factors validated with Viewpoints extracted via Industry experts and Consultants. The study breaksCloud Computing in Education Sector Industry market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities.

The report on Cloud Computing in Education Sector Industry market covers the key trends of the industry which impact its growth with reference to the competitive arena and key regions. The study highlights the challenges this industry vertical will face along with the growth opportunities which would support the business development in existing & untapped markets. Besides this, the report also includes few case studies including those which take into account the corona virus pandemic, with an intention to offer a clear picture of this business sphere to all stakeholders.

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Cloud Computing in Education Sector Industry Market Analysis And Demand With Forecast Overview To 2025 - CueReport

Dublin, Aug. 06, 2020 (GLOBE NEWSWIRE) -- The "Global Government Cloud Computing Market By Type (Solutions and Services), By Service Model (Software as a Service, Platform as a Service and Infrastructure as a Service), By Deployment Model, By Organization Size, By Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Global Government Cloud Computing Market is expected to register robust CAGR during the forecast period. The key factor responsible for the market growth is increasing role of digital content around various governing bodies. Additionally, the organisations are rapidly deploying cloud computing services, as it is helping them to save certain percentage of annual operating costs, which is anticipated to boost the growth of the government cloud computing market worldwide. Moreover, continuous improvement in public-sector technology solutions is further anticipated to bolster the market growth through 2025.

The Global Government Cloud Computing Market is segmented based on type, service model, deployment model, organization size, region and company. Based on service model, the market can be segmented into software as a service, platform as a service and infrastructure as a service. Out of which, the infrastructure as a service (IaaS) segment dominated the market in terms of largest market share until 2019 and is further anticipated to be the fastest-growing segment of the government cloud computing market during the forecast years as well.

This growth can be accredited to the ability of IaaS service model to transfer work to the cloud at the time of the peak demand for on-premises systems. Along with that, it further assists the users in saving their capital resource which can later be used for the cost of additional servers, which is further boosting the growth of the segment across the globe. In addition to this, IaaS supports the government agencies and help them realize their cost savings and efficiencies while modernizing and expanding their IT capabilities with limited capital resources.

Major players operating in the Global Government Cloud Computing Market include AWS, Microsoft, IBM, Google, HPE, Oracle, Salesforce, Cisco Systems, Dell Technologies, VMware, Verizon, CGI Group, AT&T, SAP, NetApp, Informatica, Huddle, Capgemini, CenturyLink, Fujitsu, etc. The companies operating in government cloud computing market across the globe are focussing more towards the expanding their share in the market. For instance, these key players are making organic strategies such as expansions, mergers and acquisitions, among others in order to make the industry highly competitive.

Objective of the Study:

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Government Cloud Computing Market

4. Executive Summary

5. Voice of Customer

6. Global Government Cloud Computing Market Outlook6.1. Market Size & Forecast6.1.1. By Value6.2. Market Share & Forecast6.2.1. By Type (Solutions and Services)6.2.1.1. By Solution (Cloud Storage, Disaster Recovery, Identity and Access Management, Risk and Compliance Management and Others)6.2.1.2. By Service (Training, Consulting, and Education, Support and Maintenance and Integration and Migration)6.2.2. By Service Model (Software as a Service, Platform as a Service and Infrastructure as a Service)6.2.3. By Deployment Model (Public Cloud, Private Cloud and Hybrid Cloud)6.2.4. By Organization Size (Small & Medium Business Enterprises and Large Enterprises)6.2.5. By Region6.2.6. By Company

7. North America Government Cloud Computing Market Outlook7.1. Market Size & Forecast 7.1.1. By Value & Volume7.2. Market Share & Forecast7.2.1. By Type7.2.2. By Service Model7.2.3. By Deployment Model7.2.4. By Organization Size7.2.5. By Country (United States; Canada; Mexico and Rest of North America)7.3. North America: Country Analysis7.3.1. United States Government Cloud Computing Market Outlook7.3.1.1. Market Size & Forecast7.3.1.1.1. By Value & Volume7.3.1.2. Market Share & Forecast7.3.1.2.1. By Type7.3.1.2.2. By Service Model7.3.1.2.3. By Deployment Model7.3.2. Canada Government Cloud Computing Market Outlook7.3.2.1. Market Size & Forecast7.3.2.1.1. By Value & Volume7.3.2.2. Market Share & Forecast7.3.2.2.1. By Type7.3.2.2.2. By Service Model7.3.2.2.3. By Deployment Model7.3.3. Mexico Government Cloud Computing Market Outlook7.3.3.1. Market Size & Forecast7.3.3.1.1. By Value & Volume7.3.3.2. Market Share & Forecast7.3.3.2.1. By Type7.3.3.2.2. By Service Model7.3.3.2.3. By Deployment Model

8. Europe Government Cloud Computing Market Outlook

9. Asia-Pacific Government Cloud Computing Market Outlook

10. Middle East and Africa Printing Ink Market Outlook

11. South America Government Cloud Computing Market Outlook

12. Market Dynamics12.1. Drivers12.2. Challenges

13. Market Trends & Developments

14. Prising Analysis

15. Competitive Landscape15.1. Competition Outlook15.2. Company Profiles15.2.1. AWS15.2.2. Microsoft15.2.3. IBM15.2.4. Google15.2.5. HPE15.2.6. Oracle15.2.7. Salesforce15.2.8. Cisco Systems15.2.9. Dell Technologies15.2.10. VMware15.2.11. Verizon15.2.12. CGI Group15.2.13. AT&T15.2.14. SAP15.2.15. NetApp15.2.16. Informatica15.2.17. Huddle15.2.18. Capgemini15.2.19. CenturyLink15.2.20. Fujitsu

16. Strategic Recommendations

17. About Us and Disclaimer

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Outlook on the Government Cloud Computing Global Market to 2025 - Featuring AWS, Microsoft & IBM Among Others - Yahoo Finance

Cloud principles and goals must be served by an architecture intended to innovate on the organisations needs and continuously deliver on its long-term goals.Richard Simon, co-founder, MultiCloud Global

The first era of cloud computing has been over for some time now, so what are you still doing lifting and shifting your data centre into the cloud?

Today, organisations moving to the cloud must do more than merely copy and paste what they have in the data centre, directly into a cloud environment. Organisations should look at delivering IT as a service to the business and/or their customers, rather than as a technology platform, where applications reside.

When it comes to building a dynamic, scalable and iterative Cloud-Native architecture, organisations must bear in mind four factors: Networking, Security, Provisioning and Operations. These are fundamentally affected when moving to the cloud and thus have an impact on everything else that relies on them.

In this article, I will be discussing two of the four factors Networking and Security as these are core to achieving a Cloud-Native backbone design that determines how everything else behaves. Ill summarise the main differences that organisations need to consider when it comes to delivering applications running on a cloud platform, in contrast with heritage environments.

Organisations are now right smack in the middle of digital transformation programmes of varying shapes and sizes. And if they werent, the Covid-19 crisis has certainly forced those plans to kick-start sooner or be accelerated, as workforces entered into the lockdown state of having to work from home.

These DX efforts while positively aimed at delivering value and innovation more quickly and at scale translate into a huge headache for IT organisations, as they try to shift from being a cost centre and into a business enabler: trying to become part of the solution, not the problem.

In order to achieve a faster Time-to-Value, organisations have started looking towards cloud computing (Im using this term to represent a general and broad spectrum of activities), with various degrees of success and delivering on all the promises of cloud that were touted at the beginning of this new era.

I have worked with customers that are at various stages of this left-to-right shift. Some have jumped into the cloud for all the wrong reasons (the boss said so, to save costs and so on) and effectively, brought all the mistakes they made in the data centre with them!

Others have managed modest success only, hitting the brick wall of workload migration. While others still have established a beachhead in the cloud but not innovated further by taking advantage of the latest cloud concepts such as Containers, Orchestration, Analytics (AI/ML), DevOps, Microservices, Serverless and Observability (mainly due to poor cloud architecture).

The shift to cloud means organisations need to break out of the addictive cycle of buying dedicated infrastructure and perpetual software licenses that inhibit (some might say, dictate) the level of innovation that an organisation can experiment with and utilise, not to mention the pace, to achieve business goals.

An organisations IT strategy and enterprise architecture must be rebuilt with a foundation that delivers innovation not just for today and tomorrow, but for the next 5 to 10 years. An architecture based on a Cloud Operating Model must be at the heart of such a strategy in order to cater for both existing and new Cloud-Native services.

Let us now examine two factors of that foundation:

In the data centre, we are used to taking care of servers, which need a great deal of feeding and watering in order to survive and overcome problems. We tend to treat our servers as pets that need constant care. Data centres use domains, static IP addresses and hostnames for servers to resolve how to locate resources and applications the equivalent of looking up a number in a phone book.

In a cloud environment, theres no focus on host servers, as such the aim shifts to what service is being offered by the host instead, bringing it all back to the application. Technically, this is backed up by a dynamic approach to IP addresses, logical segmentation of connectivity and a Service Registry which provides a catalogue of the services available in the cloud, to both users and other applications.

If an application requires a database, it makes this request to the Service Registry and this then puts the application in touch with a database service, changing the emphasis from the host to the service.

The data centre adopts a castle and moat approach to security implementation using firewalls for perimeter protection and the likes of directory services for app-to-app authentication to achieve a high trust environment.

This is mainly delivered by services such as Active Directory/LDAP, Service Accounts (usually embedded inside applications somewhere) and passwords that never expire, probably exposed by being placed inside a plain text or configuration file. This type of security usually leads to some very non-standard and downright insecure practices, when it comes to dealing with credentials.

On the other hand, cloud automatically assumes a Zero Trust environment and short-lived Identity and Access Management (IAM) issued by a Secrets Manager as an independent source of authority in order to maintain greater security by introducing a central and dynamic issuer of authentication (AuthN) and authorisation (AuthZ), to reduce exposure from misconfiguration and deliberate hacking. A Secrets Manager can also handle encryption requirements for data (both at rest and in-flight), as well as offering backwards compatibility with directory services.

Looking forwards, cloud principles and goals must be served by an architecture that is intended to innovate on the organisations needs and continuously deliver on its long-term goals. To move to the cloud, IT departments need to deliver a comprehensive and innovative Cloud Operating Model that will help the business maintain its current operations, as well as provide a platform for innovation and agility, to meet tomorrows demands.

Without good design and governance of the factors discussed in this article, its difficult to achieve success in a cloud environment. While some modest goals can be attained, these would only yield short-term gains and at the expense of future-proofing ones cloud footprint and ambitions.

In a future article, I aim to provide a further breakdown of the remaining factors of Provisioning and Operations to help clarify why these are also perceived as a crucial part of the Cloud Operating Model.

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The key foundations of an effective Cloud Operating Model - Techerati

Chicago, United States: The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the globalCloud Computing ServiceMarket. It includes Porters Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Cloud Computing Service Market. We have provided deep analysis of the vendor landscape to give you a complete picture of current and future competitive scenarios of the global Cloud Computing Service market. Our analysts use the latest primary and secondary research techniques and tools to prepare comprehensive and accurate market research reports.

Top Key players cited in the report: Amazon, Salesforce.com, VMware, Savvis, Rackspace, IBM, Dell, Cisco, Dell EMC, Oracle, NetSuite, Microsoft

The final report will add the analysis of the Impact of Covid-19 in this report Cloud Computing Service Market

Get PDF Sample Copy of this Report to understand the structure of the complete report: (Including Full TOC, List of Tables & Figures, Chart)

Cloud Computing Service Marketreports offers important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends.

Each segment of the global Cloud Computing Service market is extensively evaluated in the research study. The segmental analysis offered in the report pinpoints key opportunities available in the global Cloud Computing Service market through leading segments. The regional study of the global Cloud Computing Service market included in the report helps readers to gain a sound understanding of the development of different geographical markets in recent years and also going forth. We have provided a detailed study on the critical dynamics of the global Cloud Computing Service market, which include the market influence and market effect factors, drivers, challenges, restraints, trends, and prospects. The research study also includes other types of analysis such as qualitative and quantitative.

Global Cloud Computing Service Market: Competitive Rivalry

The chapter on company profiles studies the various companies operating in the global Cloud Computing Service market. It evaluates the financial outlooks of these companies, their research and development statuses, and their expansion strategies for the coming years. Analysts have also provided a detailed list of the strategic initiatives taken by the Cloud Computing Service market participants in the past few years to remain ahead of the competition.

Global Cloud Computing Service Market: Regional Segments

The chapter on regional segmentation details the regional aspects of the global Cloud Computing Service market. This chapter explains the regulatory framework that is likely to impact the overall market. It highlights the political scenario in the market and the anticipates its influence on the global Cloud Computing Service market.

The Middle East and Africa(GCC Countries and Egypt)North America(the United States, Mexico, and Canada)South America(Brazil etc.)Europe(Turkey, Germany, Russia UK, Italy, France, etc.)Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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Report Highlights

Comprehensive pricing analysis on the basis of product, application, and regional segments

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Cloud Computing Service market

Deep insights about regulatory and investment scenarios of the global Cloud Computing Service market

Analysis of market effect factors and their impact on the forecast and outlook of the global Cloud Computing Service market

A roadmap of growth opportunities available in the global Cloud Computing Service market with the identification of key factors

The exhaustive analysis of various trends of the global Cloud Computing Service market to help identify market developments

Table of Contents

Report Overview:It includes six chapters, viz. research scope, major manufacturers covered, market segments by type, Cloud Computing Service market segments by application, study objectives, and years considered.

Global Growth Trends:There are three chapters included in this section, i.e. industry trends, the growth rate of key producers, and production analysis.

Cloud Computing Service Market Share by Manufacturer:Here, production, revenue, and price analysis by the manufacturer are included along with other chapters such as expansion plans and merger and acquisition, products offered by key manufacturers, and areas served and headquarters distribution.

Market Size by Type:It includes analysis of price, production value market share, and production market share by type.

Market Size by Application:This section includes Cloud Computing Service market consumption analysis by application.

Profiles of Manufacturers:Here, leading players of the global Cloud Computing Service market are studied based on sales area, key products, gross margin, revenue, price, and production.

Cloud Computing Service Market Value Chain and Sales Channel Analysis:It includes customer, distributor, Cloud Computing Service market value chain, and sales channel analysis.

Market Forecast Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

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About Us:Report Hive Research delivers strategic market research reports, statistical survey, and Industry analysis and forecast data on products and services, markets and companies. Our clientele ranges mix of United States Business Leaders, Government Organizations, SMEs, Individual and Start-ups, Management Consulting Firms, and Universities etc. Our library of 600,000+ market reports covers industries like Chemical, Healthcare, IT, Telecom, Semiconductor, etc. in the USA, Europe Middle East, Africa, Asia Pacific. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales and revenue, technology trends, competitive analysis, product portfolio and application analysis etc.

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Covid-19 Impact on Cloud Computing Service Market New Trends, Growth, Outlook, Overview, Application and Forecast 2020 to 2025 - Owned

The sheer momentum of the cloud-computing sector has taken some traders by surprise in the first half of 2020. Fastly (NYSE:FSLY) has certainly been a fast mover and FSLY stock has shown no signs of slowing down anytime soon.

Source: Pavel Kapysh / Shutterstock.com

Yet theres a wild-card event up ahead, as Fastly will report second-quarter earnings on August 5.

Admittedly, expectations on Wall Street are ambitious for Fastly. With the onset of the novel coronavirus, many businesses moved their computing operations onto the cloud. Fastly was there all along, facilitating the move to more powerful sites and applications on the companys secure, programmable edge cloud platform.

With expectations running high, will Fastly deliver what the experts and market participants are demanding?

The quarterly results will be closely watched. An earnings beat could send the FSLY stock bears into hibernation.

In actuality, there probably arent a whole lot of bears left, as FSLY stock has shown incredible and relentless momentum. Just take a moment to consider that FSLYs 52-week low is just $10.63 while its 52-week high is $105.47.

Thus, momentum-focused traders should be delighted by the price action in FSLY stock. However, not everyone is entirely pleased with the stocks current valuation.

AsInvestorPlace contributor Chris Lau points out, Seven analysts who cover Fastly have a $67.33 price target. Thats far below the current share price, which is near $100. Lau concludes, At current valuations, caution is warranted.

Thats a fair assessment, so Ill leave value and momentum traders alone to debate whether FSLY stock is due for a pullback. The upcoming earnings report could induce such a pullback, but that would require Fastly to disappoint the market somehow. And thats not an outcome that I would advise investors to bet on.

What sets Fastly apart from other cloud-centered companies is that this company offers content-delivery solutions from the edge. In other words, while data can still be stored in the cloud, it can be processed at a location closer to the clients and their devices (who are, we might say, on the edge of the overall data ecosystem).

As CB Insights explains better than I ever could, edge computing promises faster processing at lower costs right at the source of the data. Moreover, Some of the biggest players in tech are exploring edge computing, potentially giving rise to the next big computing race.

Fastly is facilitating this race while empowering its clients to take the pole position. In the domain on content delivery, having an edge (pun fully intended) is crucial: By moving data and applications as close to your end users as possible, you can deliver fast, highly personalized experiences to customers around the world.

To be frank, if youre planning on standing in the way of Fastlys relentless growth, you might get steamrolled. Attempting to short FSLY stock prior to the quarterly earnings report could prove utterly self-destructive.

Bear in mind that during the three month period ended March 31, Fastly generated $62.9 million in revenues. Thats a 38% year-over-year improvement.

Looking towards the second-quarter results, Fastlys management forecasts $70 million to $72 million in revenues. This expectation is in line with the analyst consensus estimate of $71.65 million.

At the same time, Wall Street is modeling a second-quarter earnings loss of a penny per share. This seems like a modest projection for a company firmly in hyper-growth mode. This could end up being a launching pad for a major earnings beat, which might take FSLY to fresh highs.

Value investors concerns are duly noted in regard to FSLY stock. With edge-centered cloud computing being a fast-expanding market, however, theres the potential for an earnings-event blowout to continue the stocks powerful momentum.

As of this writing, David Moadel did not hold a position in any of the aforementioned securities.

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Quick Investors Will Buy Fastly Stock Before Q2 Earnings Beat The Street - InvestorPlace

NAS vendor Qumulo is moving beyond its startup status. The eight-year-old company recently closed a $125 million funding round that brings its total haul from private investors to $350 million. Qumulo CEO Bill Richter said his company took the additional financing to accelerate product development, particularly to support a surge in unstructured data. Qumulo cloud customers span government, healthcare, high-performance computing and media and entertainment, along with other industries that rely heavily on streaming data.

"We last raised capital [in 2018] and still have about 50% of it still in the bank. We chose to raise this additional round because our market opportunity is so big," Richter said.

Qumulo's founders helped create the Isilon scale-out technology that is now part of Dell EMC. Richter, also an Isilon alum, became Qumulo CEO four years ago. While the Seattle-based company initially broke into storage selling branded appliances, Richter said Qumulo's future growth depends on furthering its software-defined storage approach to data management in the cloud. The Qumulo distributed file system is packaged on branded Qumulo appliances, on Hewlett Packard Enterprise Apollo-branded servers, or licensed in AWS and Google Compute Platform.

The software platform recently expanded to include Qumulo Shift, which allows customers to run native file services in AWS and convert files to data objects that access Amazon Simple Storage Service-based services.

We recently spoke with Richter to discuss how growth in unstructured data shaped the Qumulo cloud roadmap.

You have indicated that Qumulo may pursue an initial public offering (IPO). How will the latest funding haul influence your decision to go public?

Bill Richter: Our goal to build a long-term independent, sustainable company. I think that journey implies an IPO one day, but we'll go public whenever we're ready. We have been relatively cash-efficient. Based on the way we've built and managed Qumulo, and given the amount of capital we raised, we get to decide when or if we do an IPO. It will not be decided for us.

The storage sector seems more dynamic than ever. What challenges does that pose for Qumulo? What opportunities does it present?

Richter: To understand Qumulo's success, you have to zoom out and look at a couple of mega trends affecting our business. The first is massive and unrelenting digitization of data. The scale of the data sets that we help customers with is many orders of magnitude larger than what is commonly referred to as big data. The massive proliferation of unstructured data is one trend.

A second trend is the advent of cloud computing and software to solve these massive data problems. People used to try to solve this by buying new storage boxes in their data centers. We saw a different opportunity: to tackle the unstructured data challenge by using our file software in the public cloud. That was the early thesis of Qumulo when it was founded eight years ago. Those mega trends have only accelerated and we believe it positions us to build a strong and successful company.

You started out with file storage, then added object support for the cloud. Do you envision expanding to block for unified storage?

Richter: We are highly specialized around file data. We don't provide a block data system. We don't provide a transactional data system. Qumulo is not a backup company. In fact, there's a vibrant conversation about this inside Qumulo. We use this phrase 'focus is your friend.' We focus on file data, which is an overlooked market segment [for cloud workloads]. The incumbents are not innovating in that area, because it happens to be a very difficult problem to solve.

We see customers whose applications are better suited for the public cloud, and those applications all use file data. Another aspect is that many customers aren't sure whether those applications should live on premises or in the cloud. When they buy Qumulo, they buy the optionality to transport an application from Point A to Point B and back again, without having to change the application.

AI data inferencing and cloud data management are fueling demand for faster storage in the cloud. How do these dynamics change the way customers evaluate their storage?

Richter: As a matter of fact, storage is important, right? If you can't store the data somewhere, you can't get started. But storage really is just the starting place. There is an intersection of three things: data, applications and users. Storage is the foundational element.

We are to data storage like a fire truck is to water storage. Bill RichterCEO, Qumulo

We are to data storage like a fire truck is to water storage. Qumulo is all about enabling data-intensive applications to grow at scale. What inferences can you draw from that data? What kind of data services can you offer? How can you move that data around? And how can you get insights from that data? You can do some interesting things by selling a new storage box, but if it were a baseball game, that storage box only gets you to the second inning.

Where is the Qumulo cloud software most taking root? Who are your typical customers?

Richter: The vast majority of our business comes from the lines of business inside an enterprise. When we sell to Fortune or Dow 30 media companies, we are not dealing with the CIO. We have conversations with the creative department. We have conversations with the production department. We have conversations with broadcasters. These are deep discussions about workflows and what customers need Qumulo to do to enable the data-intensive applications those environments need.

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Qumulo cloud approach gang-tackles file-to-object conversion - TechTarget

According to Technavio, the global cloud computing market will grow by USD 190.32 bn during 2019-2023. It is an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the market environment. The digital market is moderately concentrated and the degree of concentration will accelerate during the forecast period. Some of the major market participants such as IBM, Microsoft, Oracle, Alibaba cloud, Amazon Web Services (AWS), etc. are trying to make more opportunities. Vendors focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segment.

We have had a number of major developments globally in the field of technology and trends like big data, analytics, edge computing are driving the present digital transformation. Cloud computing is another area that has seen significant adoption and transformation and plays a major role in driving the technology evolution. Several companies are using cloud computing to grow and improve their market position. This technology has progressively grown and is changing the way companies operate. Now cloud computing has become an important and indispensable component of almost every business technology. Also, it is expected that more than $1.3 trillion in IT spending will be affected by the shift to the cloud by 2022.

AWS is the most popular form of cloud computing. It offers a wide range of different business purpose global cloud-based products. This article particularly focuses on AWS and what AWS training and certification is all about.

What is AWS?

AWS stands for Amazon Web Service. It is the worlds most comprehensive and broadly adopted cloud platform that offers over 175 fully-featured services from data centers globally. Several companies, start-ups, enterprises, customers and leading government agencies are using AWS to lower cost, to become more agile, and innovate faster. AWS helps you to build sophisticated applications that are flexible, scalable, reliable, and inexpensive. It provides services for database storage, compute power, content delivery, analytics, mobile, development tools, enterprise applications, networking, and other functionality. It also provides various workloads, increased storage options, and enhanced security measures.

The advantage of AWS is that it provides all its services on a pay-as-u-go basis, which means you are paying only for the service you are using. These services are developed with a combination of infrastructure as a service (IaaS), platform as a service (PaaS) and packaged software as a service (SaaS) offering. In other words, AWS allows you to run web and application servers in the cloud, securely store all the files on the cloud, deliver static and dynamic files quickly, send bulk emails. You can also use managed databases like MySQL, PostgreSQL, Oracle, or SQL Server to store information with AWS.

This technology is implemented at server farms throughout the world and maintained by the Amazon subsidiary. It provides security for subscribers systems and can be operated from many global geographical regions. AWS has established itself as a top contender in the cloud computing market.

Top AWS Certification

AWS offers 12 certifications: a foundational certification, three associate-level certifications, two professional-level certifications, and six specialty certifications. Lets have a look at each certification:

Foundational Certification

AWS Certified Cloud Practitioner- This entry-level certification is AWSs newest certification. It is specially designed for an overall understanding of the AWS cloud. It covers the topics: Basic AWS architectural principles, the value proposition of the AWS cloud, Basic security and compliance, AWS services and their uses, etc.

Associate-Level Certifications

AWS Certified Solutions Architect Associate- This certification is designed for those with experience in designing distributed applications. It was updated in February 2018 to include more AWS services and best practices. It covers topics like network technologies, AWS-based application work, building applications on the AWS platform, deploying hybrid systems, etc.

AWS Certified Developer Associate- This certification is all about developing and maintaining AWS-based applications. Areas covered are basic AWS architecture and the core AWS services, designing, developing, deploying, and maintaining applications, etc.

AWS Certified SysOps Administrator Associate- This associate exam is the only certification that is fully geared toward system administrators that requires both technical expertise and conceptual knowledge. It covers topics like deploying applications to the AWS platform, provisioning, managing, and securing systems in an AWS environment, sending and receiving data between data centers and AWS, etc.

Professional-level Certifications

AWS Certified Solutions Architect Professional- This exam is for those candidates who can evaluate an organizations requirements and make architectural recommendations for implementing and deploying applications on AWS. It requires a high degree of technical skill and experience designing AWS-based applications.

AWS Certified DevOps Engineer Professional- This certification gives knowledge about provisioning, operating, and managing applications on the AWS platform. It focuses mainly on continuous delivery (CD) and the automation of processes, two fundamental concepts of the DevOps movement.

Specialty Certifications

AWS Certified Data Analytics Specialty- It is designed for those with a background in data analytics and experience using AWS services for designing and architecting big data solutions, and can validate a candidates experience in extracting value from data using AWS services.

AWS Certified Advanced Networking Specialty- This is designed to validate a candidates skills and experience in connection with performing complex networking tasks on AWS and hybrid IT networking architecture at scale. Candidates must have advanced knowledge of networking on AWS.

AWS Certified Security Specialty- It is designed to cover topics on security pros and teams need to master security fundamentals, follow best practices, and build deep knowledge in key services unique to the AWS platform.

AWS Certified Alexa Skill Builder Specialty- This exam is for candidates who perform a role as an Alexa skill builder. It validates technical expertise in creating, testing, and deploying Amazon Alexa skills.

AWS Certified Machine Learning Specialty- This certification is designed to validate the ability to create, implement, and maintain machine learning solutions for a range of business problems.

AWS Certified Database Specialty- It is designed for those who work closely with databases and implements DB solutions. Candidates must have the knowledge for AWS Cloud-based and on-premises relational and NoSQL databases.

Why Take AWS Training?

Learning AWS cloud today is likely to create opportunities tomorrow. To become the in-house AWS Cloud expert and lead the team on cloud initiatives, one should have proper training and certification from a reputed course provider. With the help of training, one can explore new ideas and sharpen the cloud skills. It will also help to reach the goals faster.

AWS training provides hands-on-learning and on-the-spot practical help to grow your career with in-demand cloud expertise. The main benefit of learning AWS certification is that you can learn at your own pace with any on-demand training which is provided by AWS experts to build technical skills. You are free to choose any role-based learning path and get certified to validate your AWS Cloud skills. It enhances your credibility with an industry-recognized credential virtually with online proctoring or in a testing center.

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What is AWS Training and Certification | LondonDailyPost.com - London Daily Post

Companies looking to secure business continuity through the ongoing COVID-19 crisis has resulted in an increase in demand for cloud computing services, according to Aruba.

During the global lockdown, various sectors relied on cloud and data centre services to achieve a strong and reliable infrastructure to support the surge in demand from employees and customers.

"As the lockdown lifts, businesses around the world are adapting to new ways of working and Aruba Enterprise is supporting the continued shift to cloud infrastructure," the company says.

"Aruba Enterprise has worked with customers from multiple industries to provide a cloud infrastructure that supports remote working and the digitalisation of processes.

"With a large number of businesses looking to adapt quickly to a change in working procedures, Aruba Enterprise worked with its customers to enhance their ability to operate as a digital enterprise," the company explains.

"The Aruba Enterprise cloud infrastructure provides users with a highly flexible and customisable platform that provides businesses with the services they require to optimise their processes."

According to Aruba, the increase in remote working has also created a focus on cyber security for all businesses.

Through its virtualised cloud-based backup and disaster recovery services, together with dedicated appliance-based backup infrastructure, Aruba Enterprise has been able to offer practical technical measures to boost IT infrastructure security.

"With many years experience in the management of large-scale cloud projects and services, Aruba has been trusted by 200,000 cloud customers in 150 countries to ensure business continuity and meet the security needs of todays businesses," it says.

There has also been an increase in demand for online identification and certification digital services, such as digital signatures or remote digital signatures.

"These technologies play a key role in streamlining and optimising internal processes through dematerialisation, helping organisations cut waste and save both time and resources. For example, with the Aruba Enterprise digital signing book solution, businesses can access digitised documents remotely, reduce the time needed to approve applications and significantly improve organisational efficiency."

Massimo Bandinelli, Aruba Enterprise marketing manager, says the global pandemic has created a shift to remote working and operations, and Aruba has been working with companies to provide business continuity during this time.

We have provided our extensive IT experience to act as a qualified partner for businesses in any sector, however big or small, and have worked with them to provide the most effective service and approach to cloud computing that best meets their specific needs," he says.

"The IT landscape has changed vastly in 2020, and we are dedicated to supporting businesses and working with them to provide the most reliable infrastructure and services.

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Increased demand for cloud computing as organisations look to achieve business continuity - Aruba - DataCenterNews North America

Edge computing and 5G promise to unlock new low latency, high bandwidth applications for businesses ... [+] and consumer

Upheaval in the global environment has many leaders asking the question, what creates a competitive advantage?At the recent Amazon Web Services (AWS) Telco Symposium,Jennifer Didoni, Head of 5G Cloud and Services for Vodafone Business, addressed just this question in her speech titled in the right place at the right time moving to the Edge.

Didoni said, "Competitive advantage comes from being able to get actionable insight to the right people in the right place at the right time." This concept mirrors what I wrote about in the book "Right-time experiences: Delivering value with mobile and big data." Right-time Experiences (RTEs) are products, services and workflows that offer a person the right information and services at the point of need or desire. These experiences provide information and services that consumers, employees, and partners need (or would like to have) when they need it.

Mobile, cloud computing, big data analytics and the Internet of Things provide the foundation for new right-time experiences that are contextual, learning and predictive. However, these technologies still needed to mature for businesses to realize that vision of intelligent, adaptive services. Today, the communications service provider (CSPs) are advancing mobile networks with 5G and moving beyond simple connectivity of IoT to analyzing data. Meanwhile, the big data analytics market evolved to add AI techniques, such as machine learning and deep learning, to analyze this data.

Edge computing: the newest kid on the cloud computing block

Another significant change taking place in the CSP (also known as telcos, operators, service providers and carriers) market is the move to building edge computing solutions. Edge computing has many definitions. Depending on whom you ask, the edge spans from a smartphone to one of many regional telco data centers. A basic definition ofEdge Computingiscomputingthat's performed at or near the source of the data. For CSPs, it'sbringing the power of the data center closer where the data is generated. Additional CSPs are partnering with leading cloud computing providers to accelerate edge deployments.

Didoni described how Vodafone was working with AWS to create what is known as Multi-Access Edge Computing or MEC for short. It's where a provider can run cloud computing workloads from the Edge of the network. Jennifer said Vodafone sees the emergence of a multi-cloud world that combines the benefits of public and private clouds. In this world,customers select which cloud is the right cloud "to deliver the right insight, at the right time, at the right place, to the right people."

Computing: moves beyond one size fits all

Traditionally, enterprises had to choose between the cloud for flexibility, agility and pay-per-use consumption-based model or on-premises/on-device processing. For example, if a company's applications had issues with latency, IT would turn to on-premise options or add more compute to the device for on-device processing.

Didoni, like many technology vendors, shared how it's no longer a binary choice between placing data in the cloud or leaving it on-premises. She stated that technology could reside on-premises at the enterprise, on the CSP edge, or in the public cloud. Market-leading enterprises will succeed by taking advantage of options such as programmable networks, machine learning, automation and the ability to orchestrate the network to best serve the application.

Didoni said thatMulti-access edge computing, formerly mobile edge computing,brings together the best of these two worlds. It gives enterprises the best attributes of the public cloud while allowing you to process large data volumes, at lower latency with data privacy. Vodafone believes these characteristics will enable new applications and innovation that couldn't exist without edge dataprocessing.

What is a MEC and why should you care?

MEC is a network concept that enables cloud computing capabilities and an IT service environment at the Edge of the cellular network.Didoni provided an example of how Vodafone Business is collaborating with Amazon Web Services (AWS) to make AWS Wavelength available in Europe. AWS Wavelength provides developers with the ability to build applications that serve end-users with single-digit millisecond latencies over the 5G network. AWS Wavelength embeds AWS compute and storage services at the Edge of telecommunications providers' 5G networks, enabling developers to serve use cases that require ultra-low latency.Instead of going into the nuts and bolts of how it works, let's focus on what it means for IT and computing.

MEC moves the computing of traffic and services from a centralized cloud to the Edge of the network and closer to the enterprise and consumer. Instead of sending all data to a cloud for processing, the network edge analyzes, processes, and stores the data. Collecting and analyzing data closer to the end user reduces latency and brings real-time performance to high-bandwidth applications.

MEC helps Vodaphone place cloud computing and 5G closer to the users, which benefits applications that require low latency (sub 50 milliseconds). For example, a 60-millisecond delay in an application that delivers high definition augmented reality or virtual reality could cause motion sickness. If the network can provide performance that's below 40 milliseconds, you can have applications such as consumer gaming and augmented reality within field service applications.At one millisecond of latency, a new world of applications opens up where you can support next-generation applications like automating logistics with industrial robots moving across the factory floor at 50 miles per hour. Visual inspections with drones and enhanced telehealth applications improve with high-bandwidth and low latency.

As the two companies said at the launch of the partnership in December of 2019, "Responsiveness matters when it comes to artificial intelligence, augmented and virtual reality, video analytics, autonomous vehicles, robotics and drone control. These applications require latencies that are 5-10 times lower to deliver business impact. Vodafone Business and AWS are bringing the AWS cloud closer to the devices that need it by running AWS Wavelength in strategic locations within Vodafone's 5G network."

Didoni stated another benefit of the MEC is localized decision making. With the IoT, organizations are collecting and analyzing data from an increasingly large volume of connected devices.It doesn't make sense to send all of that information back to a centralized location in the cloud. A company may want to understand data within a region, make decisions on the spot, and filter out the data that isn't necessary to store. There are numerous reasons you'd want to process this data at the edge, including latency, cost and regulatory compliance.

The cloud: Now with even more options

First, we had the public cloud market. The market evolved to add private cloud, hybrid cloud and multi-cloud. Now the market is shifting again to include edge computing. MEC is an expansion of computing options that helps customers leverage compute and analytics in the location that best suits a particular application. New intelligent edges services provide higher bandwidth, lower latency and greater flexibility of where a company runs computing and analytics workloads. AWS and Vodaphone gain the opportunity to expand service revenue with edge computing. It's a win for everyone.

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Amazons AWS And Vodafone Focuses On Unlocking Enterprise Opportunity With 5G And Edge Computing - Forbes

The current report onHealthcare Cloud Computing Marketcovers a comprehensive analysis demonstrating actionable insights for clients. In addition, the report offers business insights that encourage them to take suitable decisions which are likely to leverage their business processes. Moreover, the report is a detailed study exhibiting current market trends with an overview of future market study.

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Precisionbusinessinsights has recently launched a latest report on Healthcare Cloud Computing Market for its clients. This report offers the clients with factual data validated by industry experts and business heads. The report highly involves chapter wise explanation for every aspect of the market wherein the drivers, trends, opportunities, leading and trending segments are discussed in detail with specific examples. Profiles of leading players are also discussed along with their business expansion strategies.

The following players are covered in this report are:

CareCloud Corporation (U.S.), Athenahealth, Inc. (U.S.), Iron Mountain, Inc. (U.S.), ClearData Networks, Inc. (U.S.), IBM Corporation (U.S.), Nextgen Healthcare Information Systems (QSI Management, LLC) (U.S.), Carestream Health (U.S.), VMware, Inc. (U.S.), Merge Healthcare, Inc. (U.S.)

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An overview of the Healthcare Cloud Computing Market report offers a comprehensive analysis for better reference to understand market competition and analysis throughout the forecast period. It also involves key players and their market performance and current developments. It helps you understand the technical jargons that offer ease and convenience to you in understanding the report contents.

Geographical markets are covered separately within the report that includes a competitive analysis on their market performance in the base year as well as predictions for the forecast year. Extensive primary research is conducted to carry out leading information in order to understand the market condition and competition within a specified geography. Comparison between two or multiple geographical markets is carried out effectively to know where to invest in.

Key Features of the Report:

The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2020-2025)

The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies

The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

The report tracks recent innovations, key developments and startups details that are actively working in the market

The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

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Precision Business Insights is one of the leading market research and management consulting firm, run by a group of seasoned and highly dynamic market research professionals with a strong zeal to offer high-quality insights. We at Precision Business Insights are passionate about market research and love to do the things in an innovative way. Our team is a big asset for us and great differentiating factor. Our company motto is to address client requirements in the best possible way and want to be a part of our client success. We have a large pool of industry experts and consultants served a wide array of clients across different verticals. Relentless quest and continuous endeavor enable us to make new strides in market research and business consulting arena.

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Healthcare Cloud Computing Market Expansion Projected to Gain an Uptick During 2020-2025 - Market Research Posts

Global Cloud Computing Market 2020is the complete study with elaborate research undertaken by prominent analysts. The report presents key analysis on the market status, encompassing best facts and figures, meaning, definition, SWOT analysis, expert opinions, and the latest developments across the globe. The report provides in-depth and deep research on the current condition of the market. The report calculates the market size, sales, price, revenue, gross margin and market share, cost structure, and growth rate. It focuses on market dynamics, competitive analysis, manufacturers, and global business strategy & statistics analysis. The study contains well-elaborated, extensive scrutiny of this globalCloud Computingindustry along with major parameters that are expected to influence the growth matrix of the report.

NOTE: This report takes into account the current and future impacts of COVID-19 on this industry and offers you an in-depth analysis of GlobalCloud ComputingMarket.

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Competitive Companies And Manufacturers In Global Market:

The report focuses on price, sales, revenue, and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers. The report provides information such as company profiles, product picture and specification, capacity, production, cost, and contact information. Upstream raw materials and equipment and downstream demand analysis are also carried out. Few of the major competitors currently working in the globalCloud Computingmarket are:Amazon Web Services, Microsoft Corporation, Alibaba, SAP, Oracle, Rackspace, Salesforce, Adobe, Verizon, CenturyLink, Fujitsu, NTT Communication, Cisco Systems, Google Inc., IBM Corporation, VMware, Inc., Akamai Technologies, Hewlett Packet, and Dell Inc. The Amazon Web Services, Microsoft Corporation, Google Inc., CenturyLink, and IBM Corporation.

The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study such asNorth America, Europe, Asia Pacific, South America, and the Middle East and Africa.

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Report Methodology:

The information featured in this globalCloud Computingmarket report is based on both primary and secondary research methodologies. The primary research methodology includes a discussion with service providers, suppliers, and industry professionals. The secondary research methodology includes a meticulous search of relevant publications like company annual reports, financial reports, and exclusive databases.

Questions Answered In The Market Report:

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Furthermore, the report gives an entire forecast of the global market by means of product, application, and region. It additionally offers global income and sales forecasts for all years of the forecast period. The report shares a deep investigation of the emerging trends, opportunities, drivers, growth challenges. Current and future constraints of the globalCloud Computingmarket are highlighted in this report.

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Cloud Computing Market 2020 - Global Industry Analysis by Growth Rate, Regional Insights, Competitive Outlook and Future Scope 2025 - Market Research...

A free IT training program is aiming to help unemployed Maryland residents gain skills that are in demand during the pandemic.

To create the online program, IT industry trade association CompTIA partnered with EARN Maryland, a workforce training initiative of the states labor department, which is providing funding to allow it to be offered for free.

Its open to Maryland residents, and no prior tech skills are required. Over 12 weeks starting on Sept. 14, a CompTIA instructor will lead the part-time course, which covers the CompTIA A+ and CompTIA Security+ certifications. Graduates will also receive job placement assistance. Applications are due by Aug. 14.

It arrives amid a backdrop of the pandemic and economic downturn that has left more than 38 million Americans out of work.

We dont know when many of those who lost their jobs will be rehired, said Mark Plunkett, senior director of training operations and business development at CompTIA. What we do know is that during Q1 2020, there were over 1 million core IT job openings in the US, according to Burning Glass Technologies Labor Insights. In relation to the entire U.S. job market, there were 10.6 million total postings for the same Q1 2020 period.

In Maryland, CompTIA said there are 110,000 open tech job postings, with this heatmap from Cyberseek showing 20,000 in cybersecurity. So the team at CompTIAs custom training unit put together an accelerated course that is designed to provide alternative on-ramps for individuals to pursue in-demand tech skills they need to carve out a successful IT career, Plunkett said. It drew on experience, as CompTIA has delivered custom training more than 70 orgs, as well as data and demand.

Due to the pandemic, there are three key areas of skill demand remote tech support, cloud computing and cybersecurity, Plunkett said. CompTIA A+ is the industry standard for establishing a career in IT and the preferred qualifying credential for remote technical support and IT operational roles, and its a fantastic way to get into an IT career and grow, with more than one million other IT professionals who have built their IT careers on this certification.

For its part, the CompTIA Security+ certification establishes that the earner possesses knowledge for roles like systems administrator, security specialist and cybersecurity analyst.

With the recession that is likely to bring an uneven recovery across industries, theres been increased talk of reskilling workforces for the roles that are available. At the same time, education delivered virtually is becoming even more the norm. The course is an example of an online resource offered outside a formal institution that can help that process along.

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This free training course aims to help unemployed Marylanders gain IT skills - Technical.ly

The decline in cloud computing privacy and security protections has gradually picked up pace over the last two years. With the advent of the novel coronavirus, COVID-19, the early months of this year have accelerated that pace. Businesses are now learning hard lessons about the reliability and responsibility of their cloud providers when it comes to privacy and security protections.

Dont get me wrong. Almost every cloud provider can produce truly impressive marketing materials and, even, contractual commitments with regard to privacy and security. But when the rubber meets the road, very few providers are actually willing to assume any real liability if they fail to comply with those commitments. During audits, regulators in financial services and healthcare have made clear security/privacy protections without material liability results in illusory protection and is not consistent with exercising reasonable care in the protection of sensitive data.

A recent example will highlight the problem. A well-known cloud provider, through its own gross negligence, wiped out the data, both production and backup, for a number of their customers. The entire database for each customer was rendered unrecoverable. The customers were left having to engage in the laborious, time-consuming, and extremely expensive task of having to reconstruct those records by hand. In wiping out the data, the cloud provider breached its customer contract in several ways, but, as the provider was quick to point out, its liability for resulting damages was strictly limited in its standard agreement, leaving the customer with no real remedy.

The foregoing example points up one of the most substantial problems and trends we are seeing in cloud engagements: vendors who appear to offer outstanding security and privacy protections, but then limit their liability for violation of those protections, even if by gross negligence, to a trivial amount. In fact, two very well-known cloud providers attempt to limit their liability for every breach of contract, including data breach, to zero damages in their form agreements. They accept no responsibility whatsoever for their failures.

Another alarming trend is the very recent approach used by some cloud providers to absolve themselves of all liability (i.e., zero damages) for their third party hosting vendors. That is, the cloud provider can subcontract the entire operation of its data center to a third party and thereby avoid any liability if that third party suffers a data breach, incurs substantial down-time, fails to have adequate disaster recovery/business continuity procedures and plans, etc. Worse yet, if that happens, the customer is not permitted to terminate its contract with the original cloud provider. The customer, having had its data compromised, must continue to pay for a faulty service through the entire remainder of the term of its contract with the original cloud provider.

To complement their refusal to assume material liability for their obligations, a growing number of cloud providers are taking the unprecedented step of offering their services, even those involving hundreds of thousands of dollars in fees, as entirely as-is, with no warranties or performance obligations at all. The customer is, in essence, signing on to pay for a service that need never work, never be available, be entirely insecure, etc. If pressed on this point, the providers seem genuinely shocked that a customer might want or need actual performance obligations.

Yet another change in cloud contracting is the multi-national nature of many providers. This means a business highly sensitive data may, without its knowledge or consent, be transmitted, stored, and accessed anywhere in the world, including locations that have little or no laws respecting the protection of data. This creates a very substantial concern for regulated entities like healthcare providers and financial institutions.

Finally, there are the most recent risks created by COVID. These include the use of minimal, skeleton onsite staffing at hosting locations and the authorization of remaining vendor personnel to work remotely, frequently from unsecure locations or using public Wi-Fi. It is not uncommon for remote workers to access sensitive systems and data using shared home computers or computers in rooms with other individuals present who can view the workers screen. In some instances, sensitive information is printed via unsecure printers and the hardcopies not disposed of in a secure manner.

COVID also creates the perfect storm of businesses under duress because of the limited resources available to them to continue to conduct business and the siren song of cloud providers. Under these circumstances, many businesses are choosing to take the plunge and move more operations to the cloud. Unfortunately, moving those operations, particularly if they are critical or involve highly sensitive information, could present very substantial risk. If something goes wrong, the business may be left with little or no real remedy.

What, then, is a business to do to protect themselves? The key is in truly understanding the risks presented by a potential cloud engagement, including how those risk are (or are not) mitigated in the proposed contract. In some cases, the risks simply cannot be mitigated, but must be accepted. Better, however, to accept those risks knowingly, than to discover them only after an adverse event has occurred (e.g., performance failure, security breach, misuse of data, etc.). In other cases, identifying the risks early and having a clear conversation with the vendor about them, may result in at least some ability to mitigate those risks. The earlier in the potential engagement to have that discussion, the better. Waiting until the sale is done, will leave the vendor with little or no interest in negotiating. If, however, they believe they may lose a sale, they will be more inclined to negotiate.

Unfortunately, all too often, businesses become fixated on a particular cloud provider and leave themselves no room to find an alternate if appropriate protections cannot be negotiated. This is the single greatest errors we see in negotiating cloud agreements. It is not unusual for an initial negotiation call to begin with the customers business person stating that we need to get this solution in place by next month or we will be in great trouble. Saying something like that will leave the customer with virtually no negotiating ability. As noted above, the vendor must believe they can lose the sale before reasonable terms may be capable of negotiation. Dont give up that leverage.

It bears point out that not all cloud providers are created equal. While, as noted above, a growing number offer little more than illusory protection to their customers, there remain a large number of providers that truly get it. They value their customers, listen to their concerns, and offer solutions and contract terms to address those concerns. A case in point: while many cloud providers are scrambling to find ways to absolve themselves of any real responsibility in their contracts, one of the most well-known providers offers unlimited liability for data breaches in their standard, unmodified customer agreement. Why do they do that? Because they know it distinguishes them from the rest of the pack. They know data is one of the most important assets of their customers and want to show they take their obligation to protect that data seriously.

COVID-19 has forced many businesses to move their operations including those with highly sensitive information to the #cloud. #cybersecurity #respectdata Click to Tweet

In summary, cloud computing can be cost-effective and of tremendous benefit to most businesses. Know the risks, however, before entering into a new engagement. Ask what liability the vendor really has, particularly for critical performance failures and data breaches. Check disclaimers of liabilities and warranties carefully to determine if they undermine or, as likely, render largely useless security and privacy protections. Nail down where your data will be hosted and accessed. Try to identify vendors that truly do appreciate their customers and make a real commitment to stand behind the contractual protections they offer. Finally, never buy into the common vendor ploy of saying trust us, weve never had a failure or a breach of security, you dont need those contract protections.

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COVID and Cloud Computing: The Perfect Storm - CPO Magazine

What's This? Associations Now Brand Connection provides opportunities for advertisers to connect with the Associations Now audience. All content is paid for by the advertiser. The Associations Now editorial staff is not involved in creating this content.

Cloud computing was once a nice to havebut over time, its increasingly become something of a business imperative, especially after the pandemic changed priorities (and work environments) for many associations.

In the past, it was pitched as a great way to save money on functions that were previously handled in-house.

But some who have looked at their bills of late might not feel quite that way.

A Wall Street Journal story highlights this dynamic in action: Recently, a subsidiary of the Volkswagen-owned automaker Audi saw its cloud spending jump by 12 percent between March and April, a period when many organizations were going fully remote for the first time. But after Amazon Web Services worked with the subsidiary, it was able to turn off unused services, cutting costs by 30 percent this past month.

If you have a similar moment of sticker shock in your own association, you may not be using your cloud offerings in the most efficient way possible. Thats the bad news. The good news is that there are things you can do to optimize your associations cloud spending. A few examples:

Get a better understanding of your bill. When youre literally paying by the bit, odds are good that the detailed bills you get are going to be confusing. A 2019 CIO piece cited the example of the software-as-a-service provider AvePoint, which found its bill so confusing that it actually built its own cost-management tooland ended up cutting its monthly fees by more than a third. We wanted to know if our spend aligned with the revenue targets of our organization, said John Hodges, the firms vice president of product strategy, in comments to the magazine. Thats a surprisingly hard question for many cloud vendors to answer when their quarterly or month-to-month bills arrive.

Shut down offerings youre no longer using. In a May 2019 Digiday story about business challenges at Salon, it was revealed that the news outlet was greatly overspending on its hosting services, including ad servers and the paid version of Google Analytics. By moving to the free version of GA and dropping other services it wasnt using, Salon cut its hosting costs by more than six figures while decreasing site load times. This approach also translates when youre dealing directly with cloud vendors. Meanwhile, CIO also reported that the Broad Institute research center, which is funded by federal grants, created a tool to turn off cloud servers that were no longer being used, allowing it to cut its costs and resource use.

Build (and keep building) for efficiency. Often, a tool is state of the art when you first build and use itbut five years down the road, newer techniques have emerged, patches to your existing structure have slowed things down and added costs, and your organization hasnt adapted to those needs. Another approach: Build tools that are meant to adapt from the outset.

The 2020 State of the Cloud Report, from the firm Flexera [registration], noted that respondents estimated that around 30 percent of cloud computing spend is wasted. And that may be an undercount. In working with customers to identify waste, Flexera has found that actual waste is 35 percent or even higher on average, the company said in a blog post.

On the plus side, 73 percent of respondents expect to take steps to better optimize for cloud use. But figuring out the right optimizationsincluding using lower-cost cloud offerings or eliminating inactive storagecan take time if not specifically designed to be automated.

If you build software with future cost and speed efficiencies in mind, youll have better luck avoiding some of the pitfalls that come with a cloud infrastructure.

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Cloud Spending Continues to Grow Amid COVID-19. Here's How to Keep it in Check. - Associations Now

The emergence of the COVID-19 pandemic earlier this year has changed everything, from how we live to how we work, and everything in between. Remote work and videoconferencing have combined to cause a notable acceleration in the adoption of cloud computing, a trend that was already well underway.

When the discussion turns to the cloud, Amazon (NASDAQ:AMZN), with its Amazon Web Services (AWS), invariably dominates the conversation as the pioneer and still leader in the space. There's little doubt it remains a great place for investors to cut their teeth on the cloud computing revolution, as revenue from AWS grew more than 36% in 2019.

Yet the opportunities don't stop there, as cloud computing refers to a whole range of software and services that can be provided remotely. And this massive multiyear digital transformation is just getting started.

Let's look at three areas of the cloud, and identify one no-brainer stock opportunity from each.

Image source: Getty Images.

In its simplest terms, a platform-as-a-service company provides a cloud-based framework for developers, giving them all the resources they need to build applications. This includes servers, storage, and networking that can be managed remotely.

As stay-at-home and remote work became the order of the day, it also became more important than ever for companies to be able to communicate with their customers, particularly those using apps -- from food delivery to ride-hailing, from password resets to customer service, and everything in between.

That's where Twilio (NYSE:TWLO) comes in. The company provides the building blocks that allow developers to include the company's communication technology in their apps, allowing them to seamlessly embed messaging systems -- all of which can be accomplished in a matter of hours, where it previously took weeks.

The company has a network of 29 cloud data centers in nine geographic regions that serve developers in 180 countries. Twilio's growing list of customers, which numbered more than 190,000 at last count, grew by 23% in the first quarter and continued to expand beyond our borders. And 28% of its revenue now comes from international markets, increasing from 24% in 2018.

The proof is in the pudding. Twilio's revenue grew by 57% year over year in the first quarter, while its dollar-based net expansion rate of 143% (its highest level since late 2018) shows that once customers are on board, they not only stick around, but tend to expand their spending over time.

As the need for in-app communication continues to grow, this will no doubt continue to expand the demand for Twilio's services.

Image source: Getty Images.

Infrastructure as a service is the industry Amazon pioneered, making data-center services (like storage, networking, computing, and security) available on an as-needed basis.

Microsoft (NASDAQ:MSFT) has long trailed AWS in the space, but its Azure cloud computing offering has been closing the gap by growing at a must faster rate. As an example, in the first calendar quarter of 2020, revenue from AWS grew 33%, while Azure grew 59%.

But that's not the only tool in Microsoft's bag of tricks. The company also provides a host of other services via the cloud, like Microsoft 365, Teams videoconferencing software, Windows Virtual Desktop, and Dynamics accounting software, to name a few.

The diversity of Microsoft's business also makes it attractive. It has exposure to consumer markets and enterprise products (like Xbox gaming and its LinkedIn professional network) in addition to its business and personal software and fast-growing cloud segments.

That strength was on full display in Microsoft's fiscal fourth quarter, ended June 30. Even in the face of the pandemic, revenue grew 13% year over year, with each of its business segments contributing to the better-than-expected performance. Azure grew 47% while Xbox jumped 65%, both boosted by the remote-work and stay-at-home economy.

This wide assortment of businesses and its high-growth cloud segment make Microsoft an attractive addition to any portfolio.

Image source: Getty Images.

As the name implies, software as a service allows businesses and consumers to rent software rather than buy it, and access it via the cloud. While the concept is commonplace today, that wasn't so in 2012 when Adobe (NASDAQ:ADBE) made the then-radical decision to switch from shrink-wrapped physical software discs to making its suite of creative software tools available via a cloud-based subscription model.

The rest, as they say, is history. No longer content to offer just its creative software, Adobe has a wide range of products including marketing services, customer relationship management, and analytics tools. Over the past couple of years, the company has made several major acquisitions, pushing it further into marketing and even e-commerce.

Adobe has produced record revenue that has grown in each of the past 21 consecutive quarters. In the second quarter, revenue grew 14% year over year, a deceleration from its recent growth, but impressive nonetheless considering the economic environment wrought by the pandemic. The bottom line grew at an even faster pace, with operating income increasing by 35%.

The rapid transition to remote work put several of Adobe's businesses front and center. The demand for digital documents surged, with the use of Adobe PDF services climbing 40% sequentially, while the number of documents shares in Acrobat jumped 50% year over year. The company also experienced accelerating adoption for Adobe Sign, its e-signature solution, which has soared 175% so far this year. Installations of Adobe Reader increased 43%, while those of Adobe Scan climbed 66%.

This illustrates the broad reach of Adobe's cloud-based offerings, and strong demand should continue as the need for remote work remains.

Data by YCharts.

The global cloud computing market is expected to grow at a compound annual rate of nearly 19% over the next several years, reaching $761 billion by 2027, according to a report by Fortune Business Insights. Each of these companies is a leader in its respective category, giving investors an outstanding opportunity to profit from the accelerating shift to the cloud.

If you're looking for evidence of the market-beating potential of these cloud innovators, look no further than the results so far this year. Each company has beaten both the S&P 500and the NASDAQ Composite and beaten them by a wide margin.

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Got $3,000 to Invest? Here Are 3 No-Brainer Stocks to Buy in Cloud Computing - Motley Fool