Daily Archives: April 17, 2021

Cloud computing has revolutionized the business world over the last two decades. Enterprises no longer need to provision and maintain costly on-premises computing infrastructure. Instead, they can access resources like servers, storage, databases, and software remotely through the internet. Moreover, those resources can be accessed on demand, allowing enterprises to quickly and efficiently scale their operations.

According to research firm Gartner, spending on public cloud services will increase by 19% annually through 2022. That growth should be a tailwind for industry titans like Amazon (NASDAQ:AMZN) and Microsoft(NASDAQ:MSFT). Here's what investors should know about these two companies' opportunities in the cloud space in 2021.

Amazon's cloud computing business, Amazon Web Services (AWS), launched in 2006. Today, it's still the clear leader in the space, with a more extensive global infrastructure, a broader product offering, and a larger market share than any of its rivals. In fact, during the fourth quarter of 2020, AWS took 32 cents of every dollar spent on cloud infrastructure services.

Image source: Getty Images.

That dominance has attracted a diverse network of partners -- enterprises that use AWS to build solutions for their own clients. For example, consulting firm Deloitte developed its Smart Factory Fabric, a cloud-enabled manufacturing process, using Amazon IoT systems. This suite of applications brings smart manufacturing capabilities to its clients' operations. Notably, Deloitte's role as a consultant to 80% of Fortune Global 500 companies means it's well-positioned to bring new customers to AWS.

Not surprisingly, its robust product portfolio and large partner network have powered strong growth in Amazon's cloud computing business. Last year alone, AWS's revenue rose 30% to $45 billion.

Moreover, AWS's operating margin was 30% in 2020. Compare that to the combined operating margin of Amazon's other businesses -- 3%. The cloud segment's high profitability has helped the tech giant bankroll its e-commerce efforts, making it an even greater threat to traditional retailers. In other words, AWS generates enough cash that Amazon can afford to run its e-commerce business at a loss to gain market share.

AWS's lead in cloud computing should help the company grow its top and bottom lines quickly. That, in turn, should drive increased profitability for Amazon as a whole, while allowing it to fund the rapid innovation that has kept AWS ahead of its rivals.

Microsoft launched its cloud computing business, Microsoft Azure, in 2008. While it still trails AWS in terms of market share, the company is executing on a strong growth strategy, and Azure is gaining ground.

Market Share

Q4 2018

Q4 2019

Q4 2020

Amazon

33%

32%

32%

Microsoft

15%

18%

20%

Source: Canalys.

Specifically, Microsoft has focused on supporting hybrid and edge computing use cases. This strategy makes sense -- some types of data need to remain on company premises due to privacy or regulatory requirements. That can put an enterprise at a disadvantage, though, if it means they don't have access to cloud services to help them manage, analyze, and secure that data. But Microsoft has a solution.

First, Azure Arc extends Azure's management capabilities across any environment, from private data centers to public clouds. In other words, it allows clients to manage all their digital resources in a unified way, even if some of those resources are stored on-site or in a rival cloud like AWS. For example, Azure Arc makes it possible to train and run AI models using data stored in multiple different locations. That puts Microsoft ahead of rivals like AWS and Alphabet's Google Cloud in terms of its ability to power hybrid AI.

Second, Azure Stack allows clients to run their own Azure environments using on-premises servers. This makes it possible to bring Azure services -- think artificial intelligence, analytics, monitoring, and security -- to private data centers or even disconnected environments. Azure Stack also makes it possible for developers to build and run hybrid applications across cloud and on-premise locations.

In recent years, Microsoft has also forged partnerships with companies like Datadog, SpaceX, and General Motors that have helped expand Azure's client base. In another partnership that began in 2019, SAP started working with it to migrate its on-premise software customers to Azure. And in 2021, the two companies expanded this partnership, enabling SAP to integrate Microsoft Teams into its own software solutions.

On the whole, Microsoft's efforts have powered strong growth in its cloud computing business. In the company's fiscal 2020 (which ended June 30, 2020), Azure revenue surged 56%, and through the first two quarters of its fiscal 2021, sales were up 49% year over year.

Microsoft's size gives it an advantage over the vast majority of its rivals. And its focus on hybrid scenarios should power continued growth as more enterprises migrate to the cloud.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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2 Top Cloud Computing Stocks to Buy in 2021 - The Motley Fool

It's abundantly clear there is no going back to how things were pre-pandemic! Everything that we see has undergone a digital makeover and it's critical graduates and young professionals learn how to navigate the changed dynamics of the business world.

A key requirement for the future workforce will be the job roles in domains that are going to be integral to the future functioning of our businesses and economy. This is necessary not just for the sustenance of businesses, but also for bringing down the unemployment rate that is currently accelerating in our country.

Cloud Computing is one such critical domain. From facilitating online learning to supporting remote work, Cloud has emerged as a saviour in the pandemic/post-pandemic for business continuity. Seeing the surge of demand for Cloud services, it is safe to say that graduates and young professionals should understand and pursue careers in this domain.

This is a high-in-demand role in the domain. These professionals are responsible for programming solutions for the Cloud, including automation, orchestration, and integration.

These are professionals who implement the overall cloud strategy of their company. They analyse the requirements of the business and define relevant solutions using appropriate Cloud services.

These professionals are in charge of the security of the Cloud systems in their organisations, including identifying potential threats and recommend best-fit technologies to boost the security of the Cloud.

These are professionals tasked with managing Cloud-based data services, as well as hybrid data sources. They are responsible for identifying and introducing new data management and security technologies to their organisations.

They design, plan and implement Cloud networking solutions specific to the requirements of the organisation or its clients. They usually work with on-premises and cloud-based hardware and software to allow authorized users access to resources.

Regardless of educational background and work experience, you can get started with the Cloud if you have the passion and determination to succeed. Here is the step-by-step guide:

This is the first step for getting into the domain. Get an in-depth understanding of what Cloud is and what problems it solves. Get familiar with the three big players in the domain: Microsoft Azure, Google Cloud Platform (GCP), and Amazon Web Services (AWS) and the services they offer.

Equip yourself with a solid understanding of key topics in the domain such as Cloud Service Models, Cloud Formation & Architecture, Virtualization, and others. All three big players in the market offer both free and paid training courses for building fundamentals on Cloud computing.

Certifications will help you demonstrate your expertise and stay relevant in the ever-changing industry. Zero in on your area of interest in the domain and explore entry-level certifications offered by AWS, GCP, or Azure. Enroll in a career-based certification path and if possible, specialize by getting a role-based certification as well - especially popular are AWS, Azure, and GCP Cloud Developer, Architect, and Security certifications.

This is a good way of standing out and differentiating yourself from other cloud aspirants and getting noticed by recruiters and organizations. Moreover, most certification courses have hands-on training in labs, which will go a long way in preparing you for entry-level jobs.

Cloud computing is a vast field, and there is no end to the learning process. To excel you need to go beyond the immediate concepts, and learn other related skills, including programming languages, Cloud-focused architecture, platforms and applications - API & Web services, containerisation (Docker, Kubernetes), etc.

It's always a good idea to delve deeper into any domain if you want to sustain it in the long run. Improve your knowledge in Cloud Cryptography, Edge Computing, and other related topics. There are numerous resources available like online journals, research papers, credible blogs or you can opt for formal training.

Take up assignmentsminor projects to get experience in the technology and become familiar with Cloud. Some of the topics that you can excel with hands-on expertise are Cloud Migration for Infrastructure and Applications, Server management, and Cloud Monitoring.

Reach out to companies, ideally through your connections or networking sites like LinkedIn. Showcase your credentials and impress them with your hands-on expertise.

The Cloud computing domain is booming as we speak. The pandemic has validated how valuable Cloud is and there is no going back.

Businesses, small and large, all across are modernising their IT infrastructure by migrating to Cloud and are willing to compensate highly for the right talent in the domain. 'Right' being the keyword here! Become the talent that they are looking for by constantly upskilling and reskilling yourself.

By Peeush Bajpai, CEO, Springpeople.

Read: Explained: Why soft skills are important to excel in your career?

Read: Tips for undergraduate and postgraduate students looking to advance their career: All you need to know

Read: 9 in-demand IT careers in 2021-22

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Career in Cloud Computing: Top job roles and how to get started - India Today

Cloud computing has been around in the health care industry for a few decades now. However, what's truly remarkable is that the adoption of this technology has increased at a frenetic pace only recently.

One 2019 research study by Technavio states that the global health care cloud technology market is anticipated to grow by USD 25.54 billion during 2020-2024. The coronavirus pandemic has only reinforced this trend further.

This new reality, along with new payment models and changes in patients' expectations, have together pushed cloud technology to the forefront. Today, the cloud is not only helping providers improve patient care, drive efficiency, and eliminate waste, but it is also playing a huge role in ensuring health care data safety by averting potential cyber attacks and thefts.

Integrating cloud computing into your practice can be the key to streamlining care delivery.

In this blog post, we'll discuss a few ways this state-of-the-art tech solution can support the health care industrys efforts to improve patient outcomes and mitigate costs in doing so.

1. Making Patient Data Interoperable while Mitigating Storage Costs

According to a recent survey conducted by the Center for Connected Medicine (CCM) in partnership with HIMMS Media, close to one-third of health care organizations report that their interoperability efforts are insufficient, even within their own organizations.

In most cases, physical data centers that are deployed on-premise not only demand an investment in hardware ahead of time, but they also come with ongoing costs of maintaining servers, spaces, cooling solutions, etc.

Cloud technology can be the solution to this persistent problem.

With health care organizations rapidly embracing virtual care delivery models such as telemedicine, especially amid the ongoing COVID-19 pandemic, the collaboration between various doctors, departments, and even institutions has become of increasing importance. The cloud enables physicians to share data in a hassle-free manner.

Health care cloud vendors can aid providers in seamlessly integrating various processes within the organization and lowering their data storage costs by managing the structure, and ensuring the harmonious functioning and maintenance of cloud storage services. This will significantly help care providers in focusing their efforts on ameliorating patient outcomes alone.

This, in turn, boosts interoperability across the organization and helps with faster care delivery.

2. Keeping Patient Information Secure at Each Stage of the Data Lifecycle

In 2018, health care data breaches of 500 or more medical records were being committed at a rate of approximately 1 per day. In 2020, the frequency at which these breaches were committed nearly doubled with the average number of breaches per day adding up to 1.76.

Source: HIPAA Journal

The fact that health care organizations need to have highly robust security measures in place to safeguard sensitive patient data is universally known.

Cloud computing adds supplemental layers of security and monitoring to health care data.

One best practice for health care organizations here would be to put adequate access controls in place. For instance, particulars about a patients medical condition and treatment can be blocked from back-office staff who dont require such details to do their work. Similarly, a patients financial information may be blocked from frontline care providers.

Telehealth is another technology where cloud computing is proving its potential. Getting a telemedicine platform developed for your practice that stores data on a cloud server can furnish robust security features such as end-to-end encryption of data, multi-factor authentication (MFA), etc. These ensure the patient data on your platform remains safeguarded at all times.

Today, a number of health care cloud providers also offer services in compliance with the Health Insurance Portability and Accountability Act (HIPAA). Choosing a compliant provider can further ensure that all the sensitive data you store adheres to HIPAA Rules and remains protected at all times. This can significantly help providers avoid fines and penalties.

3.Furnishing Efficient and Integrated Patient Care

Todays patients are quite savvy about their wellbeing.Equipped with state-of-the-art digital solutions, these patients are willing to accept nothing less than high-quality medicineone that will deliver care in a patient-centric and streamlined manner, making an integrated model of care delivery critical for caregivers.

Cloud technology is playing a huge role in delivering patient-centric care.

The integration of cloud storage with patients electronic health records (EHR) has helped revolutionize collective patient care, making it hassle-free for authorized individuals from the medical staff to retrieve vital patient information from any remote location, and at any given point in time. This further promotes anytime care and augments patient outcomes.

With EHRs, every provider can have the same accurate and up-to-date information about a patient, as explained by the Office of the National Coordinator for Health Information Technology on their website. Better coordination can lead to better quality of care and improved patient outcomes.

The cloud-based software behind collaboration tools of the likes of video conferencing and enterprise messaging holds the potential to leave a positive influence on both health care teams and their patients.

Moving to the cloud for our communications was the best decision weve made, as were now connected with our patients and colleagues whether we are in the office, at home or traveling overseas, states Dr. Ravi Patel, founder of the Comprehensive Blood & Cancer Center, Bakersfield, CA, in a recent press release.

Today, with the rapid innovation happening on the cloud technology front, the data gathered from remote patient monitoring devices can also be uploaded to a specific medical cloud or the user's private centralized cloud. This helps maintain a record of all the monitored data which can easily be retrieved at a later time by authorized medical personnel to suggest treatment.

All in all, cloud computing has transformed the health care industry in innumerable ways.

Now, this transformation may be occurring at a comparatively slower pace for some, but the growing need to make data more interoperable will eventually get many to notice the cloud and its endless benefits.

Having said that, it wouldnt be wrong to assume that the future of health care is in the cloud!

Rahul Varshneya is the co-founder and president ofArkenea, a digital health consulting firm. Rahul has been featured as a technology thought leader across Bloomberg TV, Forbes, HuffPost, Inc, among others.

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How Cloud Computing Can Be the Key to Ameliorating Outcomes While Mitigating Health Care Costs - Journal of Clinical Pathways

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VMware and Vapor IO this week kicked off an ambitious effort to rearchitect the internet via a vendor-neutral Open Grid Alliance (OGA) that aims to make network services easier for app developers to consume.

Other founding members of the OGA include Dell Technologies, DriveNets, MobiledgeX, and PacketFabric. But the OGA is not seeking to define any specific technology implementations and is open to all interested parties, Vapor IO CEO Cole Crawford told VentureBeat. In fact, the OGA is deliberately staying away from creating any type of formal foundation structure, Crawford added. A lot of people are suffering foundation fatigue, he said.

Vapor IO today provides its own framework for integrating edge computing platforms and distributed datacenters to enable machine-to-machine communications that are the core of many internet of things (IoT) applications.

OGA will embrace technologies that distribute the economics and flexibility of cloud computing platforms out to the network edge. That approach will make it possible for developers and other members of an IT organization to declaratively describe their intent, which will then be used to automatically configure network services. This shift is required because, for example, next-generation wireless technologies will not be able to achieve the level of scale required by billions of intelligent devices that will be connected to the internet, Crawford said.

Many of those devices will be running highly distributed applications based on microservices that will not only consume a lot of data but are also latency-sensitive, Crawford noted. Many of the applications will need to run in real time as digital business processes continue to evolve and expand, he added.

The internet in its current form is designed around a core-out model that needs to be replaced by an edge-in approach that enables network services to be delivered more efficiently. It could do this by making sure packets travel more directly to where they need to arrive, instead of being widely broadcasted, Crawford added.

Some members of OGA are using network virtualization overlays and smart contracts currently associated with distributed ledgers based on blockchain databases to enable that goal. But rather than relying on low-level application programming interfaces (APIs), the idea is to allow platforms to describe their capabilities to an application, VMware VP Kaniz Mahdi said.

As the amount of compute horsepower and storage capacity deployed at the network edge increases, it becomes possible to reimagine how the internet could be constructed, Mahdi noted. More automation and abstraction is required, she said, adding More telematics will also be necessary.

The OGA plans to define key principles for the Open Grid and identify open interoperable technologies that adhere to those principles as they emerge. It will also document how these technologies will impact cloud providers, developers, vendors, communication service providers (CSPs), internet service providers (ISPs), and end users.

Intent-based networking is not a new idea, of course. Networking vendors have been using that phrase to describe the next era of networking for several years. It will, however, be several years before we see the level of scale the OGA envisions for applying those concepts. In that sense, the OGA is focused on starting a conversation about how the internet needs to change.

Its already apparent the internet in its current incarnation will need to evolve as the world becomes more interconnected. The issue that needs to be determined now is under what type of framework that goal can be achieved in the absence of a single governing body. That body would need to be empowered to define a set of interoperable internet standards in the way the U.S. Defense Advanced Research Projects Agency (DARPA) did some six decades ago.

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Open Grid Alliance aims to support cloud computing at the edge - VentureBeat

Theres little doubting the influence technology and the internet have had on the world of business. From networking and data storage to the internets omnipotent growth, the last thirty years have seen a shift change in how and where we work.

However, technology doesnt stand still and, as the world goes increasingly mobile and connection speeds continue to increase, one service is coming increasingly to the fore namely, cloud computing.

In essence, the term cloud computing describes any computing service performed remotely, outside the confines of the device youre using, typically delivered over the internet by a professional cloud service provider. Cloud services can include anything from running applications online to storage solutions or utilizing the processing power of remote, larger machines.

While theres nothing particularly new about the notion of using distant computers after all, thats pretty much how a web server works the fundamental difference with cloud services is they are managed and designed for a purpose. Most cloud services are platform-agnostic, meaning you can run your own preferred Operating System and choice of software remotely without issue.

Furthermore, cloud servers are designed with the Software as a Service (SaaS) subscription model in mind, meaning firms can easily upgrade or downgrade their platform requirements as required.

There are many compelling reasons why your company should look to outsourcing its IT provision to a cloud services provider here are just five:

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Five Good Reasons Why Your Business Needs Cloud Computing | CoFounder - CoFounder Magazine

AUSTIN, Texas, April 14, 2021 /PRNewswire/ --Quali, the Infrastructure Automation at ScaleTMcompany, has been named a winner of a 2021 Cloud Computing Product of the Year award for Colony, its cloud infrastructure automation platform.

Presented by Cloud Computing Magazine, the Cloud Computing Product of the Year Award honors vendors with the most innovative, useful, and beneficial cloud products and services available to deploy within the past year. The award highlights Colony as an industry-leading solution, unburdening application teams from the time and complexity of setting up and operating cloud infrastructure.

"Earning this prestigious award again is validation of our approach to technology and our commitment to continuous innovation," said Edan Evantal, Chief Product Officer of Quali. "Application teams are choosing Colony because they need a new, frictionless way to do infrastructure. One that actually fits the DevOps way and is designed to let innovation fly from day 1, day 2, day whatever."

The 2021 announcement has earned Quali its fourth Cloud Computing Product of the Year award, cementing its place as a cutting-edge cloud solution that continues to innovate at a feverish pace. After a record sales year in 2020, growing its tier 1 customer base including Cisco, Microsoft, Dell, and Verizon and earning increased funding of $54 million in Q1 of 2021, Quali is poised to continue its unique momentum as a market leader in the DevOps and Infrastructure Automation categories.

Colony is a SaaS platform for delivering infrastructure automation at scale for complex application-centric environments on cloud technologies including AWS, Azure, and Kubernetes. IT leaders and DevOps innovators around the world trust Quali to enable self-service automation and governance to streamline application development, testing, and release to production.

About Quali Headquartered in Austin, Texas, Quali provides the leading platform for Infrastructure Automation at Scale. Global 2000 enterprises and innovators everywhere rely on Quali's award-winning CloudShell platform to create self-service, on-demand automation solutions that increase engineering productivity, cut cloud costs, and optimize infrastructure utilization. For more information, please visit https://www.quali.com/ and follow Quali on Twitter and LinkedIn.

SOURCE Quali

https://www.quali.com

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Quali Colony Named 2021 Cloud Computing Product of the Year - PRNewswire

By Transparency Market Research.

IoT can benefit M2M infrastructure with unlimited storage capabilities and resources of cloud to compensate its technological constraints such as processing, storage, and energy. The cloud also offers solutions to implement IoT connected machine service management and applications that can process the data produced. Hence, the increasing use of cloud computing is expected to further lead to the growth of the Internet of Things (IoT) connected machines market.

Cloud computing is a model that was introduced to provide IT services to businesses. The three levels of cloud computing (IaaS, PaaS, and SaaS) cover a huge range of services. Apart from service delivery and computing model of storage infrastructure, various models such as software application, data, and programming are also applicable to cloud computing.

According to a new market report pertaining to the global IoT connected machines market published by Transparency Market Research, this market is projected to reach a value of ~US$ 1.3 trillion by 2027, expanding at a CAGR of ~24% from 2019 to 2027.

Growth of the IoT connected machines market can be attributed to the high demand for automation in industry verticals.

North America is anticipated to lead the market, followed by Europe, during the forecast period.

Internet of Things (IoT) has opened up a plethora of opportunities in the healthcare industry. When machines and devices are connected to the Internet, they collect valuable information and provide insights about the symptoms that help patients get a comprehensive understanding about their health condition for further treatment. Thus, sensors and wearable devices help collect and monitor data that can be sent for processing in real time.

IoT connected machines in healthcare are embedded with health monitors that convey analytics to doctors who can provide appropriate diagnosis to patients. With the influx of smartphones and digital media, consumers are also becoming more tech savvy. Thus, stakeholders are innovating on mobile applications and virtual assistants, as they are becoming commonplace for IoT connected machines in the healthcare industry. These systems assist in storing data on the cloud, and also send alerts to healthcare providers in case of emergencies.

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Increasing Use of Cloud Computing Accelerating the IoT Connected Machines Market - IoT Business News

As business technology modernizes, datas role in monetization has dramatically increased. Its no surprise organizations have connected their overall success to the effective collection and use of data. However, it can be a challenge to maintain proper data posture in the cloud as data sprawl or siloes are common pitfalls. Additionally, there is now increased scrutiny of data never experienced before. The essence of data is constantly expanding, which has constructed a significant problem for many businesses in collecting, storing and leveraging information.

Here are three tips to help improve your organizations data management in the cloud:

Once you migrate to the cloud, your job is nowhere close to being done. The moment a migration is complete is when the real work starts. Tracking and controlling costs, keeping up with the evolving security landscape and optimizing overall performance become critical parts of the process. Below are some questions that must be answered ongoing:

Businesses should have a clear strategy and delegation of tasks in place to answer each question. The major cloud players like AWS and Microsoft Azure, provide native tools in their environments that can help accomplish these goals. If your company doesnt use either of those platforms, there are also many non-native solutions that can be used in any public cloud. No matter the solution its always smart to seek counsel from a cloud managed services provider who will identify possible improvements, underused resources, and solutions that align with organizations goals.

When collecting, storing and analyzing data, artificial intelligence (AI) and machine learning (ML) can play a huge role. By using AI and ML, businesses are able to monetize information at a faster, more effective rate. In order to get the most out of AI/ML, data must continue to be easily accessible without sacrificing security, making the cloud a perfect option.

An increase in flexibility, scalability and speed are just a few of the advantages displayed by the public cloud compared to a pure infrastructure system, which cannot operate at the same level. The cloud combined with a successful AI/ML strategy allows companies to accelerate their value to levels never seen before.

When operating in the cloud, one common challenge that often boils to the surface is finding the right personnel while ensuring business-critical objectives are still top of mind. Many organizations are used to maintaining on-premise data centers, creating a skills gap when moving to a cloud infrastructure.

Candidates with cloud-focused experience are hard to come by, so many organizations look for external help from solution providers. Cloud managed service providers are experts on completing seamless, secure cloud migrations, and can help develop strategic plans to migrate only the necessary data based on your businesss needs. According to Emergent Research and Intuit, 80 percent of U.S. small businesses will deploy cloud computing in 2020.

If the past year has taught us anything its that businesses can never be too prepared for the future. When looking ahead, its critical to keep in mind the continued role the cloud will play for competitiveness. As part of this planning, identify the best strategy to leverage the clouds benefits flexibility, scalability, security, and accessibility. COVID-19 has increased the rate of change in the modern business landscape, meaning cloud consumption is no longer a run-of-the-mill tool: its essential.

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The Necessary Steps to Improve Data Management in the Cloud - DevPro Journal

The most recent report titled Global Cloud Computing Technologies Market 2020 by Company, Regions, Type and Application, Forecast to 2026 is a high-grade professional overview of the market, standing on the readers perspective, delivering detailed market data, and penetrating insights. The report fetches a scheduled analysis of the market covering market essential details, definitions, categorization, professional market study, and analysis of significant features. The report analyzes the fundamental industry insights from top to bottom by determining different marketing aspects. The research estimates the global Cloud Computing Technologies market share, competition landscape, market share, growth rate, future trends. The market report is segmented by, trends, latest analytics, top players, application usage, and various important geographical dividends.

Market Report Offerings:

The report lists down various key insights regarding the factors including drivers, restraints, challenges, and opportunities of the market growth. Our team of an analyst is continuously eyeing on the global Cloud Computing Technologies market movement, market drivers, offers real-time analysis regarding growth, decline as well as hurdles in this market. Besides the report also houses other additional sub-segments that collectively decide lucrative growth prospects in the market, through the anticipated span, 2020-2026. Then the report also houses other additional sub-segments that collectively decide lucrative growth prospects in the market, through the forecast span, 2020-2026.

Important Facts About Market Report:

The report also provides a comprehensive outlook regarding the competition level in the global Cloud Computing Technologies market, the position of key players, and market strategies and business initiatives implemented by the players. Further, the report offers detailed information about the existing market scope for the new entrants and the current competitive levels and scenarios for the emerging players in the global market. The report reveals growth determinants and growth-oriented tactical decisions, offering substantial focus towards identifying some of the prominent vendors and other significant market participants playing crucial roles in fostering high-end growth in the global Cloud Computing Technologies market.

DOWNLOAD FREE SAMPLE REPORT: https://www.marketquest.biz/sample-request/40374

NOTE: COVID-19 has had a major impact on the world economy in addition to that on the public health. This particular pandemic had caused severe economic destruction and not a single country has been left unaffected. The virus has forced businesses around the globe to change the way they operate. This report gives an analysis of the COVID-19 aftermath on Cloud Computing Technologies market.

This report focused and concentrates on these companies including:

Market product type segment analysis (consumption volume, average price, revenue, market share, and trend):

Market application segment analysis (consumption volume and market share, downstream customers, and market analysis):

Valuable information such as product offerings, revenue segmentation, and business information of the commanding players in the global market has been given. The study includes full information about new product launches, current developments, and investments in the global. The report delivers a complete evaluation of shares, strategies, products, and manufacturing capabilities of the top players in the global market. The report examines the competition trends and also offers a complete analysis of the global Cloud Computing Technologies industry supply chain.

Market Recent innovations And Major Events:

For a comprehensive understanding of market dynamics, the global Cloud Computing Technologies market is analyzed across key geographies namely:

ACCESS FULL REPORT: https://www.marketquest.biz/report/40374/global-cloud-computing-technologies-market-2020-by-company-regions-type-and-application-forecast-to-2025

Global Market Forecast:

The report provides production and revenue forecasts for the global Cloud Computing Technologies market, production and consumption forecasts for regional markets, production, revenue, and price forecasts for the global market by type, as well as consumption forecasts for the global market by application. Apart from the mentioned information, the growth rate of the market in 2026 is also explained.

Table of Content (TOC):

Chapter 1: Global Cloud Computing Technologies Market Introduction and Overview

Chapter 2: Industry Cost Structure and Economic Impact

Chapter 3: Rising Trends and New Technologies with Major Key Players

Chapter 4: Global Market Analysis, Trends, Growth Factor

Chapter 5: Market Application and Business with Potential Analysis

Chapter 6: Global Market Segment, Type, Application

Chapter 7: Global Market Analysis (by Application, Type, End-User)

Chapter 8: Major Key Vendors Analysis of Market

Chapter 9: Development Trend of Analysis

Chapter 10: Conclusion

Customization of the Report:

This report can be customized to meet the clients requirements. Please connect with our sales team (sales@marketquest.biz), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

Contact UsMark StoneHead of Business DevelopmentPhone: +1-201-465-4211Email: sales@marketquest.bizWeb: http://www.marketquest.biz

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Global Cloud Computing Technologies Market 2020 Supply Chain Analysis, Structure, Industry Inspection, and Forecast 2025 Valley Bugler Newspaper -...

Up till now, little was known on the impact of the Edge-assisted Cloud-of-Things (Edge-CoT) on organizations. Most academic papers explored the technological aspect of this next-gen cloud computing technology, ignoring its tremendous effect on companies across all industries and business models.

In 2020, a study explored the effect of Edge-CoT on organizations, as well as the main preparation measures organizations should rely on, to ensure a smooth technological transition while staying ahead of the game.

The present article summarizes the main findings of the study conducted by Koltykova (2020), that relied on interviews with cloud computing thought leaders and influencers across the globe. You will find out:

The future development of cloud computing systems is more and more influenced by IoT (Xia et al., 2017; Belcastro et al., 2017). Therefore, Cloud-assisted Internet-of-Things (Cloud-of-Things, or in short CoT) has recently emerged as a groundbreaking model that enables smart IoT devices and sensors to be connected with the Cloud through the Internet (Abawajy et al., 2019).

CoT enables IoT devices to benefit from both clouds powerful and scalable high-performance computing, and massive storage infrastructure for real-time processing and storing of the IoT data. Nonetheless, the CoT paradigm is currently facing increasing difficulty to handle the Big Data that IoT generates. According to Abawajy et. al (2019):

As billions of previously unconnected devices are now generating more than two exabytes of data each day, it is challenging to ensure low latency and network bandwidth consumption, optimal utilization of computational recourses, scalability and energy efficiency of IoT devices, while moving all data to the cloud

Consequently, in recent times, this centralized CoT model is undergoing a transition towards a decentralized model termed as Edge computing. The Edge computing model offers Cloud's computing and storage capabilities on a smaller scale and in real-time. This is achieved by moving data computing, storage and service supply from the cloud to the local edge devices, such as smartphones, smart gateways and local PCs.

Thus, Edge computing complements CoT paradigm by providing high scalability, low delay, location awareness, and allowing of using local client computing capabilities in real-time. The convergence between these three technologies results in a new technological paradigm: the Edge-assisted Cloud-of-Things, in short, Edge-CoT (Varghese & Buyya, 2018).

In the near future, all industries will be touched by the Edge-CoT trend, and business professionals can expect the emergence of new industries driven by the evolution of the cloud. Similar to the social media and e-commerce industries, these new industries will bring significant changes to the way business is conducted. Likewise, new business opportunities will be created, as this convergence boosts other technologies, in particular Artificial Intelligence/ Machine Learning (AI/ML).

Customer experience improvement is the main business opportunity that will arise from the Edge-CoT paradigm: As businesses gain more customer data, they become better equipped for decision-taking, improving their customer feedback loop. Furthermore, the merge between the physical and the digital world will generate a more sophisticated customer experience. If done correctly, this will allow businesses to grab an additional market share and improve their revenue models.

The internal aspects of all organizations, such as the people, processes and products, will also be affected: The paradigm of people management will shift as communication boundaries are removed, and 3D and Virtual Reality technologies gain ground.

3D and 5G will allow the production of goods closer to the customer, resulting in less shipping and package utilization. Digitalization and 3D printing are also expected to affect all the factors related to the Products dimension: Edge-CoT will bring the ability to leverage technology strategically, instead of just automating the manual tasks. As a result, businesses will have to re-think what new values they bring to the table and how better can they do the job they have always been doing. As fewer people will be operating, businesses can displace that investment into more applications. Technologies will shift the workforce paradigm, as they will not only allow employees to work remotely, but also in a better and smarter way.

Even so, as in all major technological shifts, businesses will be facing considerable challenges. The re-skilling of existing employees and managers, as well as finding new talent with the required skillset will constitute a significant challenge for businesses. Moreover, business professionals need to understand that, inevitably, there is going to be a lot of wasted spending in the beginning of the implementation process. The high pace of technological change constitutes a challenge, to the extent that it requires fast learning and adoption. In that sense, legacy companies with their legacy data and technology infrastructure face a major risk of being whipped out.

Structure-wise, a shift to a flat hierarchy is advised. The success of this process is largely dependent on people and their individual contributions, thus, it is crucial to inform the whole organization on what is being implemented, why, and what are the expectations held of every individual in the company.

In terms of organizational culture, experts advise the encouragement of a risk-taking, long-term orientation, innovation and cross-creation of knowledge. Moreover, organizations should encourage experiments and accept failures, as long as the appropriate lessons are drawn, and fast.

Furthermore, is crucial to train the internal IT department. When choosing between investing in the in-house IT talent or hiring external consultants, the experts argue that the type of required support depends on the organization. From one side, in-house talent owns business domain knowledge that no consultant possesses. On the other side, technological specialists and can fasten your pace of adoption, as they bring valuable knowledge and fresh ideas to your company. Thus, a combination of both trained in-house talent and external technology specialists would be the preferred strategy. Most experts agree that companies should invest in their employees by providing formal and on-the-job training and, when needed, support them with external specialists, particularly during the transition stage. Lastly, decision-makers are advised to avoid getting comfortable with a specific model, as companies need to constantly disrupt themselves.

Veronika Koltyukova

Read more:

Edge-assisted Cloud-of-Things: everything your organization needs to know - ITProPortal