Category Archives: Cloud Computing

DUBLIN--(BUSINESS WIRE)--The "Global Edge AI Software Market, by Component, by Data Source, by Application, by End-users, Estimation & Forecast, 2017-2027" report has been added to ResearchAndMarkets.com's offering.

The global edge AI software market held a market value of USD 1,459.8 Million in 2021 and is projected to reach USD 8,049.8 Million by the year 2027. The market is anticipated to register a CAGR of 35.9% during the forecast period.

Companies Mentioned

Edge AI is the disposition of artificial intelligence applications in devices all over the physical world. The AI computation has to be done near the user at the edge of the network, near to the location of the data, rather than centrally in a cloud computing facility or even a private data center.

The market is set to boom at a double-digit growth rate owing to the increased advancements in AI-powered IoT in smart applications. The increased use of edge AI software in the 5G network industry also fuels the growth rate of the market.

On the other hand, the data privacy compliance standards are not proper in all regions which hamper the market growth to a limited extent. Moreover, AI and machine learning continue to develop, yet many AI disruptors lack the capacity to process complex AI, machine learning algorithms. Thus, such elements hinder the market growth.

Growth Influencers:

Advancements in AI-powered IoT (Internet of Things) for Intelligent Systems and Smart Applications

The extensive implementation of the Internet of Things has powered the detonation of big data. With the swift ability to amass data in every aspect of a business, the edge AI software are playing a prominent role. The AI-powered IoT software are used from industrial sensors, robots, to smart cameras. Thus, the increasing advancements fuel the market growth.

Use of Edge AI computing in 5G network

The edge AI software aids numerous end use industries. Using such a top-notch software for 5G networking purposes decreased costs and provides faster insights. It also offers effective data control and a streamlined operation. The 5G network permits establishing data centers at edge modules, and implementing industry-specific networks aided by virtualization and software-defined networking principles in a single environment. 5G coupled with IoT offers stable and secured connectivity, which increases the preference rate of this market considerably.

Segments Overview:

The global edge AI software market is segmented into component, data source, application, and end users.

By Component

The software segment held the largest market share of more than 80% in 2021. On the basis of the software segment, the platform sub-segment is expected to hold an opportunity of more than USD 3,500 Million during 2021 to 2027.

By Data Source

The biometric data segment is anticipated to hold the highest growth rate of 36.6%. on the other hand, the sensor data held the largest market share of more than 25% in 2021.

By Application

The energy management segment held the largest market share of more than 20% in 2021. On the other hand, the remote monitoring segment is projected to hold an opportunity of more than USD 900 Million during 2021 to 2027.

By End Users

The healthcare segment held the highest growth rate of 37.2%. Moreover, the travel, transport and logistics segment held the largest market share of more than 20% in 2021.

Regional Overview

By region, the global edge AI software market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The Asia-Pacific market for edge AI software held the largest market share of more than 35% in 2021 owing to the more technological developments in the area. Moreover, the market in other regions of North America, APAC, and Middle East and Africa are anticipated to grow at a considerable rate.

The global edge AI software market report answers questions such as:

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$8 Billion Global Edge AI Software Market to 2027 - Use of Edge AI Computing in 5G Networks is Driving Growth - ResearchAndMarkets.com - Business Wire

Over half of UK IT professionals currently trust public cloud services less than they did two years ago, new research from hosting firm Leaseweb Global has claimed.

The company attributed these issues to concerns around transparency, costs, customer service, and the ease of migrating workloads.

The research talked to 500 UK-based IT professionals with experience with public cloud providers over the last two years.

In terms of the concerns around migration, the majority (57%) of Leaseweb's respondents had previously found it challenging to migrate workloads out of a public cloud environment, while just under half (49%) said they had encountered difficulties in understanding their cloud usage costs.

Despite this, nearly three quarters (72%) of the research's respondents agreed they have effectively controlled public cloud usage costs, while 46% stated they somewhat agree and almost half (49%) had struggled to get hold of a public cloud providers customer services.

The research also demonstrated a move away from the cloud first methodology, where a business considers cloud-based technology solutions before all others.

In the period from January 2019 to December 2021, 36% of organizations described their approach to IT infrastructure as cloud first, with only 19% stating their organization was officially committed to a cloud-only approach.

However from January 2022 onwards, cloud first commitments had decreased to 31%, with the proportion of those selecting cloud only rising to 25% of respondents.

Despite this rising lack of trust, public cloud remains a very popular option among IT professionals.

When asked about the optimum IT infrastructure for their organization, private cloud only (23%) and a mixture of on-premise and public cloud (20%) were the most popular selections among respondents.

These were followed by public cloud only (17%) and a mixture of on-premises and private cloud (14%), with on-premises only the least popular selection at 7%.

In addition, two-thirds (66%) of respondents agreed that the industry will see the end of on-premise infrastructure over the next two years.

But it's perhaps not just IT workers themselves who are becoming critical of public cloud providers, their practices are increasingly drawing the ire of regulators.

UK digital watchdog Ofcom is set to launch an investigation into the state of the cloud computing market, examining the market power of the largest firms such as Amazon Web Services (AWS), Microsoft, and Google, and if this power is causing any detrimental impacts on outcomes for consumers.

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Many UK firms say they don't really trust their cloud providers any more - TechRadar

Newark, Sept. 26, 2022 (GLOBE NEWSWIRE) -- As per the report published by The Brainy Insights, the globalgame-based learning market is expected to grow from USD 14.05 billion in 2021 to USD 73.31 billion by 2030, at a CAGR of 20.15% during the forecast period 2022-2030.

The rising adoption of digital learning solutions is anticipated to expand the demand for the game-based learning enterprise during the projection period. Moreover, the increasing urbanization, proliferation of smartphones, and growing disposable income worldwide are also helping propel market growth. However, the slow internet connection & poor network, and limited awareness in underdeveloped nations are restraining the market's growth. Furthermore, with the increasing popularity of e-sports, multiplayer video game competition between professional & amateur vendors is an opportunity for market growth. The market growth challenges are the lack of IT infrastructure in colleges & schools and the lack of financial support.

Download Free Sample Report (Get Detailed Analysis in PDF 230 Pages): https://www.thebrainyinsights.com/enquiry/sample-request/12833

Competitive Strategy

To enhance their market position in the global game-based learning market, the key players are now focusing on adopting the strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.

For example, The Fox School of Business executed VR in one of its NBA meetings to connect learners and students in discussion-based learning in April 2021.

Report coverage & details:

Market Growth & Trends

The growth of the game-based learning market is driven by the requirement to improve student learning. Further, the increasing penetration of 5G networks that deliver better bandwidth to stream high-quality & graphic-intensive lectures is also helping propel market growth. Moreover, the growing focus on personalized learning is the market growth trend. Personalized learning is the method of customizing the learning according to the interests, strengths, needs, and skills of a student. Further, game-based personalized learning helps improve the learning experiences more proficiently and timely. It simulates the real-world experiences and applications for the facilitators and learners. Hence, the increasing focus on personalized learning propels the market's growth. In addition, strategic partnerships & collaborations between companies are another key trends gaining popularity in the game-based learning market. Major participants operating in the industry are collaborating and partnering to develop and offer innovative services.

If you have any questions, please feel free to contact our analyst at: https://www.thebrainyinsights.com/enquiry/speak-to-analyst/12833

Key Findings

In 2021, the training, knowledge, and skill-based games segment dominated the market with the largest market share of 21.05% and market revenue of 2.95 billion.

The game type segment is divided into AI-based games, AR VR games, location-based games, training, knowledge, and skill-based games, assessment and evaluation games, language learning games, and others. In 2021, the training, knowledge, and skill-based games segment dominated the market with the largest market share of 21.05% and market revenue of 2.95 billion. This growth is attributed to the increased skill gap in emerging countries and the availability of online training platforms.

In 2021, the cloud segment dominated the market with the largest market share of 57.21% and revenue of 8.03 billion.

The deployment mode segment is divided into on-premise and cloud. In 2021, the cloud segment dominated the market with the largest market share of 57.21% and revenue of 8.03 billion. This growth is attributed to the proliferation of cloud technologies in game-based learning solutions.

In 2021, the services segment dominated the market with the largest market share of 56.34% and revenue of 7.91 billion.

The component segment is divided into services and solutions. In 2021, the services segment dominated the market with the largest market share of 56.34% and revenue of 7.91 billion. This growth is attributed to the increasing demand for online learning courses.

In 2021, the education segment dominated the market with the largest market share of 22.28% and revenue of 3.13 billion.

The end-user segment is divided into healthcare, education, manufacturing, retail & e-commerce, consumer, IT & telecom, government & defense, and others. In 2021, the education segment dominated the market with the largest market share of 22.28% and revenue of 3.13 billion. This growth is attributed to the increased need for user engagement across industries.

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Regional Segment Analysis of the Game-Based Learning Market:

North America (U.S., Canada, Mexico) Europe (Germany, France, U.K., Italy, Spain, Rest of Europe) Asia-Pacific (China, Japan, India, Rest of APAC) South America (Brazil and the Rest of South America) The Middle East and Africa (UAE, South Africa, Rest of MEA)

The North American region occurred as the largest market for the global game-based learning industry, with a market share of 46.36% and a market value of around 6.51 billion in 2021. North America currently dominates the game-based learning market due to the adoption of the robust cloud computing industry. Moreover, the surge in the usage of digitalized & customized lectures is also helping drive the region's market growth. Furthermore, Asia Pacific is expected to show the fastest CAGR of 22.03% over the projection period. This growth is attributed to the increasing higher education & corporate sector. Further, the increasing number of online gamers and the growing popularity of online gaming contests propel the market growth in this region during the forecast period.

Key players operating in the global game-based learning market are:

Frontier Developments Bublar Group Minecraft Spin Master Kahoot Minecraft Tangible Play BreakAway games Recurrence Gamelearn Stratbeans Raptivity Simulearn Schell Games Layup Monkimun Banzai Labs Playgen Fundamentor Cognitive Toybox Idnusgeeks Quodeck G-Cube Smart Lumies Kuato Studios Infinite Dreams Hornbill FX Gametize Threatgen Kidoz Sweetrush VR Education Holdings MLevel

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global game-based learning market based on below mentioned segments:

Global Game-Based Learning Market by Game Type:

AI-Based Games AR VR Games Location-Based Games Training Knowledge and Skill-Based Games Assessment and Evaluation Games Language Learning Games Others

Global Game-Based Learning Market by Deployment Mode:

On-Premise Cloud

Global Game-Based Learning Market by Component:

Services Solution

Global Game-Based Learning Market by End-User:

Healthcare Education Manufacturing Retail & eCommerce Consumer IT & Telecom Government & Defense Others

About the report:

The global game-based learning market is analysed based on value (USD Billion). All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porters five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.

About The Brainy Insights:

The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.

Contact Us

Avinash DHead of Business DevelopmentPhone: +1-315-215-1633Email: sales@thebrainyinsights.comWeb: http://www.thebrainyinsights.com

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Game-Based Learning Market to Reach USD 73.31 Billion by 2030; Rising Adoption of Cloud-Based Learning Models in Developing Countries Will Favour...

Over the last two to three decades, cloud computing and software-as-a-service (SaaS) have been increasingly gaining momentum in their adoption. More and more IT departments, CIOs, CFOs, CEOs and many other disciplines are now realizing the extraordinary business benefits of Cloud/SaaS over their traditional in-house client-server IT architectures.

Justifiably therefore, more and more manufacturers are actively switching their legacy quality management systems to more advanced cloud-based quality platforms, and for good reason. Simply put, in todays ever-changing and volatile manufacturing climate, the cost advantages, power, and versatility of the cloud have become essential to survival. Coupling this with the advancement and maturation of core technologies, most organizations are now adopting a 'cloud-first' stance when selecting the latest and best in-class technology capabilities.

The role of the pandemic

The accelerated adoption of cloud-first strategies across the board by manufacturers can no doubt be attributed to the pandemic. In order to support remote workers through any time, anywhere access to critical business processes and information, businesses rapidly deployed and migrated to cloud-based solutions. Industries across all sectors had their hands forced; prior prejudices around cloud where overtaken by the fact that they had to act quickly to protect their business from being left behind as the world began to shut down.

As a result, legacy systems became a high priority for digital transformation. In particular, with a view to cloud/SaaS-based alternatives. But this goes beyond just replacing old with new. Instead, companies are discovering the powerful new breed of next-generation solutions and capabilities that can help support their future growth operational efficacy, well in to the future.

The cloud upends how manufacturers can collect, store, analyze and leverage value from their quality data. Data becomes unified in a centralized repository, and its subsequent analyses become rapidly available and effortlessly consumable, providing information and real-time intelligence organization-wide.

The rising demand for industry 4.0

Currently, manufacturers stand on the 'tipping point' of a cloud-based digital manufacturing revolution. A cloud-first strategy is becoming the gold standard standard for most legacy renovation projects and a major technology consideration in a post-pandemic strategy. Many have embraced the push for digital transformation in recent years to meet the increasing demand for power, flexibility and versatility that cloud solutions provide.

Industry 4.0 marks a promise of a new, fourth, industrial revolution -- all in the quest to overcome the current limits to productivity and innovation that manufacturers currently find themselves curtailed by. Automation has plateaued when it comes to providing sizable gains in efficiency, so turning to what Industry 4.0 can provide is surely the answer.

Liberating your data from traditional limitations

We still see a significant proportion of manufacturers locking away their data in paper formats, excel spreadsheets, or legacy software, which ultimately prevents efficient performance monitoring or sharing of information across the manufacturing supply chain. Cloud-based quality solutions on the other hand provide a single, unified data repository where manufacturers can standardize and centralize quality data -- from all processes, production lines, and sites across their enterprise.

With data available in real-time via the cloud, the "big picture" is more available to view than ever. Manufacturers can analyze data across their entire enterprise to pinpoint problem areas, identify sources best practices and prioritize their resources. While at the same time ensuring regulatory compliance and improving quality consistency across the entire organization.

Respond proactively on the plant floor

A preventative approach to quality and safety just isnt possible when using manual methods for data collection and analysis. Operators spend valuable time recording data with a pencil and paper, then sift through page after page of control charts -- on top of all their other daily responsibilities. Its easy to see how mistakes could be made and production issues could be missed.

Quality teams are also at a disadvantage, reviewing historical data about products that have already come off the production line. They are one step behind, and often by that point, its too late. Some problems may not be identified until the final inspection if even caught at all. Manufacturers end up dealing with defective products, wasted resources, and damaging recalls.

In employing cloud strategies to manage data, trends or problems can be detected and monitored in real-time. With legacy systems these problems and quality issues can potentially go unchecked for some considerable time, the cloud allows for a more immediate response. Proactive approaches are key to reducing waste, protecting profits and keeping quality up at all times.

Cloud-based statistical process control (SPC) software can automatically collect measurement values from a variety of data sources, and then monitor processes in real-time. When the software detects specification or statistical violations, automated alarms instantly alert key personnel, allowing them to take immediate action to correct any issues.

With information readily available via the cloud, leadership remains present in the situation without needing to be present on the floor and has all the information needed to work on preventing problems and ensuring operations run smoothly. This in turn allows manufacturers to spot any trends and prevent reoccurring issues on a wider level.

The new normal

As months go by, manufacturers are embracing the new normal one step at a time -- a new, digital-driven quality age. Cloud computing may have appeared as a great change in the past, but embracing these technologies has become easier when starting small. By starting with single projects governed by a cloud solution, leadership can monitor the benefits in a microcosm before deploying it across their organization. This is only the first step to introducing new digital technology on the manufacturing floor and thus embracing the new normal that manufacturers should expect to be industry-wide in the next few years.

Photo Credit: TierneyMJ/Shutterstock

Jason Chester is Director of Global Channel Programs,InfinityQS

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Cloud computing, SaaS and the new normal for manufacturers - BetaNews

Nutanix(NTNX 0.43%) dazzled investors in its latest earnings report.The cloud stock jumped 29% on Thursday as the company beat estimates on the top and bottom lines in its fiscal fourth quarter.

Though annual contract value (ACV) billings increased 10% to $193.2 million, revenue actually fell 1% to $385.5 million due to the timing of contracts and supply chain delays with its server partners. That top-line number was still much better than estimates at $354.9 million as contract renewals in the quarter were strong, and it actually faced fewer supply chain issues than expected.

On the bottom line, its loss per share narrowed from $0.26 to $0.17, compared to estimates for a per-share loss of $0.38. And Nutanix posted positive free cash flow (FCF) of $23.2 million, compared to a loss of $42.2 million in the quarter a year ago. The company finished the year with an FCF profit of $18.5 million -- its first year with positive free cash flow since 2018.

Though the recent results were promising, Nutanix has mostly disappointed investors over its history. Shares of the company, which makes hybrid cloud infrastructure software that makes it easier for businesses to move applications between public and private clouds, are actually down from where they closed on their initial public offering (IPO) day in 2016.

Over its time as a publicly traded company, Nutanix has transitioned from a hardware company that initially sold a box to run its software into a software company and then a subscription software company. Later, the company shifted its sales focus from total contract value to annual contract value, further clouding the financial picture for investors. Though, that transition is now complete.

Nutanix appears to be moving past much of the earlier noise and false starts that plagued the stock. As its average contract term has fallen, revenue growth is lagging behind other top-line metrics, like ACV billings and annual recurring revenue. However, management expects that gap to narrow as its average contract length stabilizes at around three years. Meanwhile, a greater percentage of its growth comes from renewals, which will improve profitability and smooth its revenue growth.

The company has long earned high customer satisfaction marks. Its net promoter score is 90, meaning nearly all its customers would recommend the product to a peer. Further, its gross renewal rate is also above 90%, showing that the vast majority of its customers stick with the product.

Nutanix has also renewed its commitment to profitability, aiming for a 10%-15% free cash flow margin by fiscal 2025. That would give it at least $300 million in free cash flow. It's laying off 4% of its workforce to help get there, saying it would reduce annual expenses by $55 million-$60 million.

Despite macro headwinds weighing on other cloud stocks, Nutanix expressed confidence about the upcoming fiscal year, even mentioning on the earnings call that the company can benefit from a sluggish economy because its product helps customers save money. Management also said it expected to benefit from Broadcom's acquisition of chief rival VMWare as any changes or disruptions there could drive more customers to Nutanix.

Finally, its guidance calls for fiscal 2023 revenue of $1.77 billion-$1.78 billion, or 12.3% growth at the midpoint, and an adjusted operating margin of 2%, showing it should be profitable (at least on an adjusted basis). It called for ACV billings of $895 million-$900 million, up 18.7% from 2022.

The buy case for the stock looks a lot stronger after the latest quarter as the company's financial performance is clearly improving, moving quickly toward profitability. However, given its erratic history, it may be best for investors to take a wait-and-see approach here. Compared to other cloud stocks, Nutanix is less expensive according to most metrics, but that's because its growth rate is also slower and it's been unprofitable throughout its history.

Nutanix's quarter of outperformance is promising, but investors are better off waiting another quarter or two to see whether the momentum continues into fiscal 2023. Given its 2025 free cash flow target, there should still be plenty of upsides to capture if the turnaround really does play out.

Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool recommends Broadcom Ltd, Nutanix, and VMware. The Motley Fool has a disclosure policy.

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This Lesser-Known Cloud Computing Company Is Primed for a Turnaround. Is It Time To Buy? - The Motley Fool

The integration of FinTech continues to revolutionize the way businesses interact with their consumers. What started as a viable solution to eliminating the need to carry physical currency has now become a multi-billion-dollar industry.

Basically, FinTech is a catch-all term used to describe software, mobile applications and other integrated technologies that improve and automate traditional forms of finance for businesses and their consumers. The financial infrastructure-as-a-service (IaaS) focuses on enabling FinTech companies to quickly facilitate highly secure transactions among an internal network while improving user experience. The complex (yet efficient) solution helps streamline fiscal transactions while simultaneously eliminating unnecessary steps throughout the transaction process. Ultimately, making financial transactions more affordable and accessible.

The integration of FinTech continues to bolster unprecedented growth within the business sector. The industrys rapid growth can be attributed to a shift in consumers lifestyles towards more accessible and affordable solutions. As a result, FinTech has been able to solidify a prominent role within business operations, however, needs to remain vigilant in adapting infrastructures to satisfy ever-changing consumer and industry demands.

With this goal in mind, FinTech companies have begun to innovate new solutions which include embracing the cloud within its infrastructures. With new integration, companies will have to determine whether using fintech-cloud computing entities will ultimately be an asset in achieving longevity and lucrative business growth or not.

FinTech companies are rapidly turning to the cloud to provide businesses and consumers with effective solutions. According to a research study, 87% of enterprises plan to accelerate their cloud migration by 2025. So, why is cloud computing becoming imperative for FinTech companies to integrate?

1. Agility: For businesses to compete, they must stay ahead of the competitive curve by reacting quickly to market changes. Cloud services satisfy this need by enabling companies to accelerate its scaling process. Businesses can scale their capacity up or down quickly to meet customer demand in real-time. As a result, providing a more cost-efficient solution.

2. Competitive Advantage: Within the financial industrys competitive landscape, it can be quite difficult for smaller companies to gain significant market share. Likewise, larger corporations struggle to retain customers as internal legacy IT practices hinder reaction rate times to changing customer demands. The cloud provides both entities with a better way to compete by offering a quicker alternative to meeting customers demands.

3. Enhanced Customer Experience: Millennials and Gen Z have transformed the banking industry by starting to view finances through the lens of technology. Cloud computing offers FinTech companies the opportunity to promote enhanced customer experience with consumer-centric web applications and improved efficiency metrics. Ultimately, providing the next generation of consumers with an accessible, agile and much more manageable solution that adheres to their technology-savvy lifestyle.

4. Cost-Effective: Businesses can incur significant infrastructure costs while developing and deploying FinTech products for a large customer base. Cloud adoption can help cut down costs by limiting usage, promoting elasticity of its products and adhering to an all-inclusive price.

5. Amplified Security Measures: With the ecosystem of hackers and cybercriminals continuing to evolve, companies must remain proactive in mitigating the potential risk of data breaches and cyberattacks. FinTech applications with weak security measures can compromise customer data and other private information. Consequently, leaving the door open to exploitation by malicious operators. Hybrid cloud architecture provides a more secure framework by allowing companies to build their own solutions in the cloud infrastructure they own, rather than in a shared environment within a shared network. As a result, they can be proactive and help eliminate potential data security risks.

Cloud computing integration continues to provide FinTech companies the opportunity to accelerate business growth. While there are a number of FinTech companies that have managed to achieve great success while using these infrastructures, other companies have failed.

Any company that invests in FinTech (or any other public cloud service) is susceptible to potential disadvantages. Its important that companies begin to identify these potential challenges and actively try to avoid them.

Here are potential limitations to consider:

1. Refusing to Use Existing Tools: Change is difficult to manage. Nevertheless, its important that companies continue to embrace new technology as they emerge. If FinTech companies refuse to build platforms using current technology, they run the risk of an influx of user discrepancies. On the contrary, if they decide to scale up, they run the risk of hindering the agility of the entire company. By using existing and open source technology, companies can proactively fix their problems and promote continuity in their infrastructures by eliminating outdated data, obscure patches and massive inefficiencies.

2. Ignoring Scope and Capacity: Using FinTech engineering requires an abundance of capacity planning to ensure an effective solution is created. Without planning, companies run the risk of creating infrastructures that cannot accommodate the volume of metrics used. This can result in killing dashboard performance and making troubleshooting issues impossible. Its important to plan at every stage regardless of what providers are used.

3. The Desire to Implement More than Required: Amid a fast-paced and competitive industry, FinTech engineers are constantly implementing new innovations to solidify their competitive advantage. Its important companies continue to innovate and improve their products; however, operations should not stray too far from their original scope of work. Businesses should work to eliminate unnecessary additions within their projects that could result in wasting a considerable amount of time and resources. Keep simple tasks simple.

4. Plan and Evaluate: Businesses need flexibility, independence and a cost structure to thrive. To achieve these marks, its necessary for companies to take the time to plan and evaluate each offering to determine which solution accommodates their business needs. Although switching providers might seem doable, doing so can result in a more complicated and expensive solution. Setting long-term objectives before deciding on a provider could make that eventual move simpler for your team.

The integration of FinTech and cloud computing services continues to impact the technology, finance and business sectors. The question of whether a FinTech-cloud computing structure is a more viable solution in businesses remains. By planning and evaluating each financial solution, businesses can determine which FinTech service is the most feasible for optimizing business objectives.

FinTech companies will always continue to provide safe and seamless solutions for their customers, however, its the companies who can capitalize on efficiency that will rise to the top. As FinTech and cloud integration continues to revolutionize customer-brand solutions, we will become closer to unveiling the future of FinTech and the lasting impacts it has on society.

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The Future of FinTech and the Cloud - DevOps.com

Key Market Dynamics:

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Market Segment Highlights

The cloud managed services market report is segmented by End-user (large enterprise and small and medium enterprise) and Geography (North America, Europe, APAC, South America, and Middle East and Africa).

Download Sample PDFfor segment-wise contributionand regional opportunities

Some Companies Mentioned

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Cloud Managed Services Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.37%

Market growth 2022-2026

$ 52.62 billion

Market structure

Fragmented

YoY growth (%)

7.83

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accenture Plc, ALE International, Alphabet Inc., Amazon.com Inc., Atos SE, Capgemini Service SAS, Cisco Systems Inc., Cloudticity LLC, Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Lumen Technologies Inc., NEC Corp., NTT DATA Corp., Telefonaktiebolaget LM Ericsson, and Verizon Communications Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuson emerging market trends and provideactionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[emailprotected]Website:www.technavio.com/

SOURCE Technavio

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USD 52.62 billion Growth in Cloud Managed Services Market Size with 36% of the Contribution from North America - Rising Adoption Of Cloud Computing...

When businesses rush to spend money on tools to manage and optimize their cloud infrastructure, they end up with roadblocks like limited visibility, tool sprawl and poor integration, which is counterproductive for automation. Hybrid and multicloud IT setups increase the complexities substantially.

To manage your IT environment securely, efficiently and economically, you need to provide your technicians with an advanced remote monitoring and management (RMM) solution that will replace multiple point tools and provide complete visibility into your hybrid IT infrastructure.

VSA is the most powerful RMM tool in the market to help your technicians discover existing and new devices on your Infrastructure-as-a-Service (IaaS) platform and push agents to virtual machines (VM) with a single click. The advantages to Azure Active Directory (AD) users are even more significant. Using VSA, technicians can remotely control and deploy policy-based user access privileges to enforce security policies across on-premises devices and VMs.

Cloud infrastructure management involves monitoring cloud-based virtual machines, SQL instances and cloud services, troubleshooting issues, managing cloud usage and costs, and optimizing the cloud for higher efficiency. The pandemic precipitated an acceleration in cloud adoption with many small businesses aggressively moving to cloud infrastructure services such as Microsoft Azure and Amazon Web Services (AWS).

Microsoft Azure, commonly referred to as Azure, is a public cloud computing platform formally released by the tech giant in 2010. It provides a range of cloud computing services and supports several programming languages to help users test, build, deploy and manage cloud services and applications. Azure Active Directory (AD) gives users access to a host of external apps like Microsoft 365, Azure portal and several SaaS applications, plus internal resources developed by the company.

In an organization, users need access to information and tools to complete their work. However, giving everyone indiscriminate access strains the infrastructure and poses security risks. An active directory is a database of users and devices connected to a network and helps IT admins control access privileges for user and device groups.

VSA automates the process of discovery of all endpoints and network devices, including virtual hosts, VMs and cloud infrastructure for services such as Microsoft Azure.

IT professionals cannot manage what they cannot see. VSA offers comprehensive visibility into your IT environment for more efficient remote monitoring and management of your systems and networks. The easy-to-understand network topology map provides direct visibility, including a detailed breakdown of asset information, for all endpoints (agent and SNMP) on any network. The topology maps also include all virtual hosts and VMs and display the health status of all virtual elements on the network. With this sort of visibility, technicians can quickly detect issues and start the remediation process, which will ultimately reduce the mean time to resolution (MTTR) of IT incidents.

VSA enables multiple sets of policies to be applied automatically based on any set of groupings you want by customer, device type, user role or even location type and that can check that each device stays compliant with its assigned policies. This way, you can standardize and update all infrastructure under your care with confidence. Leverage powerful and flexible automation to keep up with multiple policies and update many devices by simply changing a policy once.

Kaseya VSA is a next-generation, unified RMM solution that maximizes IT operational efficiency with complete IT asset discovery, monitoring and management. It gives you the visibility and functionality you need to manage all of IT in a single UI. If your RMM cant manage your hybrid IT ecosystem, its time to upgrade. Request your demo today!

The post Azure: In the Clouds With VSA appeared first on Kaseya.

*** This is a Security Bloggers Network syndicated blog from Blog - Kaseya authored by Kaseya. Read the original post at: https://www.kaseya.com/blog/2022/09/08/cloud-management/

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Azure: In the Clouds With VSA - Security Boulevard

Cloud News Mark Haranas September 08, 2022, 09:30 AM EDT

From AWS global CMO to a key AWS Marketplace leader, here are five Amazon Web Services executives who left the company this year.

5 AWS Executives Who Departed This Year

The worldwide leader in cloud computing has lost several key executives in 2022, including some to cloud rival Google Cloud.

Amazon Web Services has witnessed a transition in leadership over the past few years including its CEO Andy Jassy and worldwide channel chief Doug Yeum who both departed to join its parent company Amazon.

In 2022, AWS lost its global chief marketing officer, general manager of AWS Outposts and a key innovator for its popular AWS Marketplace.

[Related: Nutanix Execs Talk VMware-Broadcom, Layoffs As Stock Spikes]

AWS Hits $79 Billion Run Rate

Although the Seattle-based cloud giant lost some big executives in 2022, AWS sales growth continues to break records thanks to a break-neck innovation strategy and the ever-growing demand for cloud services.

In AWS recent second fiscal quarter, the company generated a record-breaking $19.74 billion in revenue, representing an increase of 33 percent year over year.

AWS also reporting operating income of $5.72 billion for its second quarter, up 36 percent year over year.

In terms of global cloud market share, AWS still remains the clearcut leader in cloud computing.

Enterprise spending on cloud infrastructure services reached nearly $55 billion in the second quarter of 2022 with AWS being the worldwide leader by wining 34 percent share of the market during the quarter, according to data from IT research firm Synergy Research Group.

Microsoft Azures cloud market share stood at 21 percent share, while Google Cloud placed third with 10 percent share of the global cloud infrastructure services market, Synergy Research Group said.

CRN breaks down five big AWS executives who left the $79 billion cloud computing giant in 2022.

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at mharanas@thechannelcompany.com.

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The 5 Biggest AWS Executive Departures In 2022 - CRN

The virtual reality (VR) market is still in its early stages, but it has the potential to become an important segment of the broader tech space as consumer and enterprise VR reaches an estimated $25 billion market size less than three years from now.

Two companies that have a good chance of successfully tapping into this growing market are Microsoft (MSFT 2.30%) and Apple (AAPL 1.88%). These tech giants are already knee-deep into VR and augmented reality (AR) in their own ways, and could end up benefiting from their early moves. Here's why.

Image source: Getty Images.

Like so many other tech companies right now, Microsoft has its own AR/VR headset. But unlike many of its peers, Microsoft's headset, called Hololens, is already being used for real-world applications.

Industrial manufacturers and healthcare companies have used Hololens to train employees, and so far Hololens already has 200 partner apps for the device, in addition to Microsoft's own apps.

But the most notable use-case for Hololens thus far has been for the U.S. Army. Microsoft currently has a contract worth up to about $22 billion to deliver 120,000 Hololens units to the armed services division, and recently sent its first shipment of 5,000 to the Army.

Those devices are an adapted version of Hololens called the Integrated Visual Augmentation System (IVAS), and can tap into Microsoft's Azure cloud computing services to monitor and display specific sensor data.

Of course, Microsoft isn't only interested in deploying Hololens for the armed services, but this initial order does show that there are practical uses for the device and that Microsoft is already receiving potentially large contracts for its headset -- something most tech companies can't claim right now.

Not only that, but if Microsoft can showcase just how well its Azure cloud services pair with its headset, future uses of its Hololens could be a boon to the company's already successful cloud computing service.

Apple has already made some headway into the AR/VR space with the company's push to bring augmented reality apps into its App Store. Already, there are more than 14,000 AR apps that work on the company's mobile operating system -- and Apple is likely just getting started.

The company is reportedly working on an AR/VR headset that it's already shown to its board of directors. This indicates that Apple could be very close to launching the device, though it's still uncertain when it will do so.

Apple is especially adept at pairing software with hardware. And another indicator that it's close to launching a headset comes from the fact that leaked source code has shown that the tech giant is working on what it calls RealityOS, likely a reference to an AR/VR operating system.

If and when Apple debuts its headset, some analysts have estimated that the company could generate up to $18 billion in headset sales just five years after its launch.

Some of the latest estimates put the launch of Apple's AR/VR headset at the end of this year or next year, which means investors may not have to wait much longer to see Apple take this market head-on.

While there's a lot of potential for Microsoft and Apple to benefit from AR and VR, investors will likely have to be patient to experience it.

These segments of the tech world are just getting started, and it could be a few years before Microsoft and Apple see any direct benefit to their top and bottom lines.

Chris Neiger has positions in Apple. The Motley Fool has positions in and recommends Apple and Microsoft. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy.

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2 Stocks to Invest in Virtual Reality - The Motley Fool