Category Archives: Cloud Computing

A Walmart employee loads up a robotic warehouse tool with an empty cart to be filled with a customer's online order at a Walmart micro-fulfillment center in Salem, Mass. on Jan. 8, 2020.

Boston Globe | Boston Globe | Getty Images

When the economy slows down, the classic response for consumer businesses is to cut back: slow hiring, maybe lay off workers, slash marketing, or even slow the pace of technology investment, delaying projects until after business has picked up again.

But that's not at all what America's troubled retail sector is doing this year.

With the S&P Retail Index down nearly 30% this year, most of the industry is boosting investment in capital spending by double digits, including industry leaders Walmart and Amazon.com. Among the top tier, only struggling clothier Gap and home-improvement chain Lowe's are cutting back significantly.At electronics retailer Best Buy, first-half profits fell by more than half but investment rose 37 percent.

"There is definitely concern and awareness about costs, but there is a prioritization happening," said Thomas O'Connor, vice president of supply chain-consumer retail research at consulting firm Gartner. "A lesson has been taken from the aftermath of the financial crisis," O'Connor said.

That lesson? Investments made by big-spending leaders like Walmart, Amazon and Home Depot are likely to result in taking customers from weaker rivals next year, when consumer discretionary cash flow is forecast to rebound from a year-long 2022 drought and revive shopping after spending on goods actually shrank early this year.

After the 2007-2009 downturn, 60 companies Gartner classified as "efficient growth companies" that invested through the crisis saw earnings double between 2009 and 2015, while other companies' profits barely changed, according to a 2019 report on 1,200 U.S. and European firms.

Companies have taken that data to heart, with a recent Gartner survey of finance executives across industries showing that investments in technology and workforce development are the last expenses companies plan to cut as the economy struggles to keep recent inflation from causing a new recession. Budgets for mergers, environmental sustainability plans and even product innovation are taking a back seat, the Gartner data shows.

Today, some retailers are improving how supply chains work between the stores and their suppliers. That's a focus at Home Depot, for example. Others, like Walmart, are driving to improve in-store operations so that shelves are restocked more quickly and fewer sales are lost.

The trend toward more investment has been building for a decade, but was catalyzed by the Covid pandemic, Progressive Policy Institute economist Michael Mandel said.

"Even before the pandemic, retailers were shifting from investments in structures to active investments in equipment, technology and software," Mandel said. "[Between 2010 and 2020], software investment in the retail sector rose by 123%, compared to a 16% gain in manufacturing."

At Walmart, money is pouring into initiatives including VizPick, an augmented-reality system linked to worker cell phones that lets associates restock shelves faster. The company boosted capital spending 50% to $7.5 billion in the first half of its fiscal year, which ends in January.Its capital spending budget this year is expected to rise 26 percent to $16.5 billion, CFRA Research analyst Arun Sundaram said.

"The pandemic obviously changed the entire retail environment," Sundaram said, forcing Walmart and others to be efficient in their back offices and embrace online channels and in-store pickup options even more. "It made Walmart and all the other retailers improve their supply chains. You see more automation, less manual picking [in warehouses] and more robots."

Last week, Amazon announced its latest warehouse robotics acquisition, Belgian firm Cloostermans, which offers technology to help move and stack heavy palettes and goods, as well as package products together for delivery.

Home Depot's campaign to revamp its supply chain has been underway for several years, O'Connor said. Its One Supply chain effort is actually hurting profits for now, according to the company's financial disclosures, but it's central to both operating efficiency and a key strategic goal creating deeper ties to professional contractors, who spend far more than the do-it-yourselfers who have been Home Depot's bread and butter.

"To serve our pros, it's really about removing friction through a multitude of enhanced product offerings and capabilities," executive vice president Hector Padilla told analysts on Home Depot's second-quarter call. "These new supply chain assets allow us to do that at a different level."

Some broadline retailers are more focused on refreshing an aging store brand. At Kohl's, the highlight of this year's capital spending budget is an expansion of the firm's relationship with Sephora, which is adding mini-stores within 400 Kohl's stores this year. The partnership helps the middle-market retailer add an element of flair to its otherwise stodgy image, which contributed to its relatively weak sales growth in the first half of the year, said Landon Luxembourg, a retailing expert at consulting firm Third Bridge. First-half investment more than doubled this year at Kohl's.

Roughly $220 million of the increase in Kohl's spending was related to investment in beauty inventory to support the 400 Sephora shops opening in 2022, according to chief financial officer Jill Timm said. "We'll continue that into next year. We're looking forward to working with Sephora on that solution to all of our stores," she told analysts on the company's most recent earnings call in mid-August.

Target is spending $5 billion this year as it adds 30 stores and upgrades another 200, bringing its tally of stores renovated since 2017 to more than half of the chain. It also is expanding its own beauty partnership first unveiled in 2020, with Ulta Beauty, adding 200 in-store Ulta centers en route to having 800.

And the biggest spender of all is Amazon.com, which had over $60 billion in capital expenditures in 2021. While Amazon's reported capital spending numbers include its cloud computing division, it spent nearly $31 billion on property and equipment in the first half of the year up from an already record breaking 2021 even though the investment made the company's free cash flow turn negative.

That is enough to make even Amazon tap the brakes a little bit, with chief financial officer Brian Olsavsky telling investors Amazon is shifting more of its investment dollars to the cloud computing division. This year, it estimates roughly 40% of spending will support warehouses and transportation capacity, down from last year's combined 55%. It also plans to spend less on worldwide stores "to better align with customer demand," Olsavksy told analysts after its most recent earnings already a much smaller budget item on a percentage basis.

At Gap which has seen its shares declined by nearly 50% this year executives defended their cuts in capital spending, saying they need to defend profits this year and hope to rebound in 2023.

"We also believe there's an opportunity to slow down more meaningfully the pace of our technology and digital platform investments to better optimize our operating profits," chief financial officer Katrina O'Connell told analysts after its most recent earnings.

And Lowe's deflected an analyst's question about spending cuts, saying it could continue to take market share from smaller competitors. Lowe's has been the better stock market performer compared to Home Depot over the past one-year and year-to-date periods, though both have seen sizable declines in 2022.

"Home improvement is a $900 billion marketplace," Lowe's CEO Marvin Ellison said, without mentioning Home Depot. "And I think it's easy to just focus on the two largest players and determine the overall market share gain just based on that, but this is a really fragmented marketplace."

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Where Walmart, Amazon and Target are spending billions in a slowing economy - CNBC

In the beginning, cloud computing was just a utility -- commonly known as Infrastructure as a Service (IaaS).

But issues with primitive public cloud platforms (mainly revolving around security, compliance and customizability) has since caused many businesses to opt for the hybrid cloud model: a combination of the public and private cloud models, which gives organizations the best of both worlds and makes for an efficient cloud strategy. (Also read: Public Cloud vs. Private Cloud: How to Choose.)

However, is hybrid cloud as good as it seems?

Let's find out. But first,

Before we can examine the pros and cons of the hybrid cloud model, we need to know what we're talking about.

In general, hybrid cloud can be defined as a combination of public and private cloud infrastructures.

More specifically, the hybrid cloud model is a cloud solution that meets both of the following criteria:

As cloud computing technology has evolved, the hybrid cloud concept has extended. It now covers multiple heterogeneous on-premise infrastructures -- like private cloud, servers, containers and virtualized infrastructure -- and also includes multiple public clouds from various cloud providers. Moreover, these diverse cloud components are not in silos; they are well-connected and integrated to deliver seamless processing power. A proper hybrid cloud integration also makes it easier to manage and monitor the entire cloud infrastructure, allowing smooth portability for both data and applications.

In short, with hybrid cloud, the name says it all: It's truly hybrid in nature and spans multiple dimensions. (Also read: 3 Key Aspects of Effective Hybrid Cloud Management.)

First, the hybrid cloud optimizes the workload in both the private and public cloud infrastructures it comprises. It balances cost, security, speed, availability, and scalability efficiently.

Other major advantages of hybrid cloud include:

The hybrid cloud helps the enterprise optimize capital expenditure (CAPEX) and operational expenditures (OPEX).

Infrastructure cost is one of the biggest challenges in any enterprise; and hybrid cloud helps pacify this by bringing a balanced combination of public and private resources. This allows organizations to make a proper plan for workload distribution.

A combination of public and private cloud brings the best combination of security solutions.

That's because the public cloud, by nature, is configured with automated and highly efficient security systems. This reduces error, as human intervention is minimized, and is more cost-effective than traditional cloud security measures. At the same time, the private cloud provides more customized security to protect organizations' sensitive data.

Bringing these benefits together, hybrid cloud gives the enterprise the most bang for its buck in terms of security. (Also read: Cloud Security 101.)

The hybrid model can help the enterprise overcome availability issues.

Public cloud services rarely fail -- but if/when they do, it can be detrimental to client organizations. Private cloud and local data centers can provide the backup for public cloud downtime, but to really ensure airtight availability, organizations distribute their workload between the public and private clouds (i.e., the hybrid cloud). Ideally, store your critical data in the private cloud and/or your local data center so service continuity can be maintained even if there is any downtime in the public cloud infrastructure.

The above factors can also apply to latency; using the hybrid cloud model can help reduce the time it takes for data to travel.

In today's competitive business environment, scaling up to catch the growing market demand is the key to success. And the hybrid cloud is the perfect solution

The private cloud does not scale up quickly, but public cloud infrastructure is highly scalable. Since it combines the two models, hybrid cloud allows the enterprise to scale up the public part of its cloud infrastructure whenever necessary and in a cost-effective way.

Hybrid cloud solutions are easy to manage because they provide efficient and reliable management solutions for the infrastructure as a whole.

Public cloud solutions also provide lots of automation (sometimes AI-based), which is very helpful for managing the infrastructure.

Because the hybrid model is highly cost-effective, organizations can experiment with it without having to invest upfront.

This creates a great opportunity to innovate and grow: With a hybrid cloud, you can take calculated risks, test new ideas and implement them. (Also read: Experts Share the Top Cloud Computing Trends to Watch for.)

Along with great promises, hybrid model brings some challenges. Some key drawbacks to this model include:

There's no denying it: Hybrid cloud implementation is a complex task.

A proper migration strategy and planning are very important. Organizations should run a pilot project before migrating their workload into the hybrid cloud because, sometimes, the distribution of workload distribution between public and private clouds may go wrong, which can have a negative impact on the business.

While the hybrid model can be a cost-effective way to improve security, it can also be a serious concern if not designed properly.

The hybrid cloud has a public cloud component, which comes with unique risks that differ from the on-premise setup. (Also read: Is Your Organization Aware of These 6 Key Public Cloud Risks?)

If proper security tools and technologies are not implemented, data can be at risk with the hybrid cloud model. To protect it, organizations must ensure their entire public/private setup is protected from intrusions.

Again, while the hybrid cloud can also be a great tool to reduce network latency, it can also increase it if not done properly.

Transferring data to the public cloud can be an issue if your internet is slow. To avoid this, implement a backup plan to overcome latency-related issues.

Hybrid cloud management is another critical challenge.

The most important factor is to ensure consistency in multiple areas like infrastructure, operations, resources, and security. So, organizations should look for an experienced and trusted cloud partner for hybrid cloud deployment. Any management failure can cause severe damage to the business.

For a cloud strategy to succeed, an organization must consider two truths:

That's why hybrid cloud is an ideal fit: The most critical factor is proper workload management. The failure of the hybrid model is mostly caused due to poor workload planning and improper management. Enterprises should know that public cloud migration is not a simple lift and shift process. The hybrid cloud implementation journey should start when an organization is cloud matured and planning for work-load optimization.

For a cloud strategy to succeed, an organization must consider two truths:

That's why hybrid cloud is an ideal fit: it allows you to keep the public cloud's scalability and growth potential while housing your most sensitive data on-premise.

However, keep in mind that poor workload planning and improper management can cause even the best hybrid cloud strategies to fail. Public cloud migration is not a simple lift-and-shift process; your hybrid cloud implementation journey should start when an organization is cloud-mature and planning for workload optimization.

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Hybrid Cloud: Benefits and Barriers - Techopedia

The shift to remote and hybrid work has compelled CIOs and tech leaders to make their legacy systems effective in a new world of work. Many companies are considering shifting their operations to the cloud but often have concerns about what it means for their bottom line. Mo Hafez, senior solutions engineer, Expereo, discusses the advantages of cloud systems and how to overcome the roadblocks to the cloud shift.

As the pandemic revealed, enterprise IT leaders could no longer rest on their laurels of running networks successfully through legacy systems. In fact, the shift to remote and hybrid work has been a real eye-opener for many companies that used to rely on running legacy systems. Today, many companies no longer have this option and are making the shift to the cloud. What success can they look forward to as a result of this shift? And what kind of impact does this shift have on their bottom line?

First, let us take a deep dive into legacy systems, outdated computing software, and/or hardware that are still in use. Legacy systems may be more of a liability than an asset. In fact, they are quite vulnerable from a security perspective. The software has to be constantly updated, and the racks they are sitting onthe bare metalscan often fail or have other issues. In short, it is a lot of work for an internal IT department to manage and maintain legacy systems.

As for efficiency, legacy systems can serve as an impediment since their obsolete hardware or software can slow productivity. Today, we want to get things done faster, cheaper, and better. As noted above, legacy systems fail when it comes to faster and better, and they do not deliver on being cheaper as they require costly system upgrades.

Consider the software as a serviceSaaS, more specifically, as an alternative. The enterprise pays a subscription for the service to be maintained. Vulnerabilities are routinely patched by experts, and the software is consistently upgraded and tested, with high availability and redundancy built-in to the service. Simply put, you do not have to worry about maintaining it just use it.

Yet with all the benefits that the cloud brings to the table, why do some enterprises hesitate to make the shift? Security is the biggest concern. Enterprises that own their hardware and software in their own data center run their network over an MPLS (Multiprotocol Label Switching) network a private connection physically linking data centers and branch offices, considered reliable and secure but expensive, especially on a global scale. Because MPLS is essentially an enclosed system, it is inherently secure and reliable.

However, enterprises still have a need to go out to the Internet. As companies adopt more and more cloud services and applications, they will want their branches to be able to access these cloud services, which means they will need the Internet. As a result, there are more attack vectors, so security becomes an issue.

See More: How SD-WAN Is Simplifying and Accelerating Multi-Cloud Adoption

Despite pushback, our times dictate that companies make the shift to the cloud. So some organizations will stick with MPLS and then get an Internet circuit, so their branches can connect to the cloud service. While MPLS is secure, it is very costly. But there is a smarter alternative with SD-WAN, a technology that allows users to secure cloud-based, Layer 3 services in a scalable, manageable, and data-visible way.

SD-WAN allows you to eliminate MPLS (or simply downgrade it to save money) and use Layer 3 services not just to connect to the cloud but also to have your sites talk to each other securely. It also provides full visibility over the traffic you can see what kind of traffic is going from branch to branch because SD-WAN gives you metadata about what is going across your network over Layer 3. Plus, you can utilize cloud services and connect all your sites securely and cost-effectively.

SD-WAN secures traffic over internet transports via encrypted tunnels, managed and configured from anywhere in the world via a central orchestration platform, without physically having to be at each site. SD-WAN also facilitates high availability with multiple circuits for redundancy and scalability.

Cost savings are also inherent in SD-WANs value. When companies live and die by IT spend, it behooves them to spend on cloud services that help their enterprise do more with less than spend on legacy and connectivity. Further, the money saved from MPLS can be put toward more cloud and SaaS services that help streamline business processes, such as cloud-based Human Resources and Finance software. These new cloud applications help improve internal processes, are less error-prone, and are more reliable.

Another significant challenge you will face when transitioning to cloud-based systems and services is acclimating your employees and establishing proper best practices for secure usage. Expect your enterprise to have a long tail of adoption, especially for employees outside the IT side of the business, during this transition, and plan accordingly. Allow ample time for platform training and questions before fully switching to ensure that all employees are adequately prepared and equipped for success.

IT leaders must ensure that their team has, or develops, the skills needed to minimize the disruption during and after migrating to the cloud. According to Gartner, insufficient cloud IaaS skills could delay 50% of enterprise IT organizations cloud migration plans by at least two years. Whether this is proper security training or allowing extra bandwidth to coordinate with vendors, prepare talent so that they are equipped to handle changes occurring as a result of the transition to the cloud.

At the end of the day, when considering a move to the cloud, implementation is crucial it must be done right. Do you make the shift with internal IT staff or partner with a trusted provider, one that can easily manage the intricacies of the major shift to the cloud? While enterprises may opt to go with their internal staff, opting for a provider offers internal staff to focus on other business matters. These include the LAN or Local Area Network, IT business process, and supporting the enterprises employees to allow them to utilize software and technology efficiently.

Clearly, the shift to the cloud is a change for the better. It can save companies considerable time and money and boost productivity immediately and for years to come.

What steps have you taken to overcome the roadblocks to making the shift from legacy systems to the cloud? Share with us on Facebook, Twitter, and LinkedIn.

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Making the Shift From Legacy Systems to Cloud: Bottom Line Benefits - Spiceworks News and Insights

News Update

According to reports, The University of Delhi will plan to digitise 500 higher education institutions (HEIs) by the end of the next year and will use the AWS Cloud to facilitate the implementation of Samarth eGov, an open-source automation e-governance platform, across universities and HEIs in India.The declaration was made by the cloud computing giant on Friday.

More than 200 universities and HEIs in India have already adopted Samarth eGov, with over 40 central and state universities, and over a 100 colleges.

Samarth eGovs next phase of adoption is expected to reach more than 500 HEIs in the coming year.

Samarth eGov is developed as an open-source, highly flexible, interconnected, secure and scalable platform, delivered on a software-as-a-service model with a cloud-first approach on AWS, said Professor Sanjeev Singh, Joint Director, University of Delhi South Campus.

Furthermore, Singh added It can address the diverse and evolving demands of universities and higher education institutions across India, irrespective of the state they belong to or the language they choose to interface with.

In order to shift from paper-based and conventional third-party enterprise resource planning (ERP) systems to a more secure, dependable, and scalable platform that standardises and automates digital processes and workflows, the suite offers universities and HEIs with an automation engine to do the same.

Samarth eGov uses AWS services to process over 7.6 million student applications for their admissions and also handle over 600,000 faculty and staff recruitment applications, and manage more than 7.5 million student records all across the country.

We congratulate the University of Delhi for embarking on and implementing Samarth eGov, a pioneering initiative in Indias higher education sector, and addressing common challenges faced by education institutions, said Rahul Sharma, Regional Head, Public SectorAISPL, AWS India and South Asia

The cloud company said Education institutions can also improve student outcomes by automating tasks like scheduling classes and freeing up teachers time to concentrate on instructional activities like creating customised lessons depending on students performance.

Samarth project aims at creating an Open Source, Open Standard enabled Robust, Secure, Scalable and Evolutionary Process Automation Engine for Universities and Higher Education Institutions. The project is being implemented by the University of Delhi (DU).

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Delhi University to use AWS Cloud to digitise 500 higher education institutions - Startup Story

ServiceNow CEO Bill McDermott has called cloud computing the pervasive computing theme of the 21st century.

The cloud computing market is experiencing major growth, due in no small part to the pandemic and the rise of hybrid work. All three of the top providers are experiencing major growth, with no signs of it slowing down. According to McDermott, cloud computings success is because of its pervasive and transformative nature.

It simplifies everything. Everythings on the mobile. Everythings beautiful and easy to use, McDermott told Yahoo Finance.

Its one platform that can single thread business across an entire enterprise, all functions of the business. So, it is a great unifier in a sense, because some people have very powerful Chief Information Officers, others have Chief Digital Officers, others have Chief People officers, others have these wonderful data managers, McDermott added. But to have one platform, that single thread, all of those powerful relationships to deliver great experiences is super exciting to us.

While the economic downturn has many companies hedging their bets and cutting costs, McDermott believes the cloud computing market can continue growing, buoyed by companies digital first strategies.

Ninety-five percent of CEOs have a digital first strategy. So, theyre leaning in to digital transformation. Because its the only way out. On one hand, its software as the great deflationary force, McDermott said. On another hand, if you cant transform and recreate your business model, and innovate digitally, you lose the game. So, CEOs are very well aware of this. So, that tailwind is super strong.

McDermotts predictions are good news for the cloud market and underscore the opportunities available to cloud providers.

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ServiceNow CEO Says Cloud Computing Is Century's 'Pervasive Computing Theme' - WebProNews

Representative imageWill Cloud Computing replace the traditional data centers and emerge as the prominent solution for data analytics and storage in government within this decade? Experts say 'yes'.

Known as the on-demand delivery of IT resources over the internet, Cloud computing practices are prevalent in the IT projects of the Central government. Cloud computing is slowly but steadily replacing the traditional data centers in the government.

Public-interface Central ministries are continuing to lead administration reforms using technology. Finance, railways, urban affairs, communication and home are among the departments already making an influential impact in G2G, G2C and G2E services while direct benefit transfer (DBT), driven by the finance ministry is among national schemes, complementing the government's vision, which is now popularly known as digital economy.

Satyajit Rao, senior general manager of the National Institute of Smart Government (NISG), a not-for-profit company incorporated in 2002 by the Government of India and NASSCOM with its head office in Hyderabad, asserted that Within this decade, Cloud computing would replace the traditional data centres and emerge as the prominent solution for data analytics and storage.

Capacity building in Cloud computing for Central and state government officials Fusing the two together, the National e-Governance Division (NeGD) of the Ministry of Electronics and Information Technology (MeitY) organized the first batch of capacity building programme in Cloud computing for government officials of Central line ministries, state/UT departments, mission mode project officers, e-Governance project heads and state e-mission teams.

The programme is designed to build capacities, within the government at both the Central and state levels, by adapting a synchronized approach to ensure the availability of adequate knowledge, appropriate competencies and skill-set to optimally utilise the huge benefits of cloud computing in e-Governance practices.

Projects with cloud computing offer integration management with automated problem resolution, manage security end-to-end, and help budget based on actual usage of data. At a national level, cloud architectures can benefit the government to simultaneously utilize resources optimally and also accelerate the delivery of e-services. Project 'Meghraj', for instance, is an initiative of the Government of India with the aim of GI Cloud (Meghraj) initiative to fast-track delivery of e-services in the country, while optimising information and communications technology (ICT) spending of the government.

Setting the context of the programme, Satya Meena, Director - Capacity Building, NeGD, said, Technology has been leapfrogging over the past two decades and one such technology rapidly scaling up is the Cloud-based systems driving businesses and touching every aspect of our daily lives. Anything that is available via the internet has the service being delivered out of a cloud-based application and IT Infrastructure.

The programmes course director, Satyajit Rao, Senior General Manager, NISG, asserted that Within this decade, Cloud computing would replace the traditional data centres and emerge as the prominent solution for data analytics and storage.

The workshop brought together an array of subject matter experts from the industry, the academia and the government to speak on key domain issues, such as Cloud fundamentals, Indias Cloud journey, Cloud building blocks, procurement of Cloud services, regulatory and policy framework for Cloud, challenges associated with Cloud implementation and future of Cloud on digital transformation, with engaging presentations on successful Cloud use cases.

Session discussions also featured essential training on various components of Cloud computing, such as custom bidding for Cloud services, the establishment of Pay-per-use and billing frequency with Cloud service providers, negotiation instruments for dynamic services under Cloud, best practices in Cloud procurement, focus on the Computing requirements, TRAI and MeitY guidelines on Cloud Computing and ITU global standards on Cloud Computing.

Witnessing attendance from 31 participants - mostly officers from Central Line Ministries, New Delhi and state governments of Delhi, Punjab, Haryana, Goa, Mizoram and Uttarakhand - capacity-building programmes on the theme of cloud computing would move forward with physical programmes to be conducted in the east, west and south zones of India this year.

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Cloud computing emerging as prominent solution for data analytics and storage in Central government - ETTelecom

SAN FRANCISCO, Aug. 15, 2022 /PRNewswire/ --According to a recent report published by Grand View Research Inc., the global data center construction market size is expected to register a CAGR of 6.4% during the forecast period, reaching a value of USD 308.7 billion by 2027. The growth is fueled by the increasing demand for data storage and processing capabilities and the increased use of big data analytics. Furthermore, the growing trend of cloud computing and virtualization, along with the rise in digital transformation, is also contributing to market growth. Other significant factors driving the market growth include rising investment in infrastructure projects, increasing government spending on information technology, and greater demand from the enterprise sector.

Grand View Research Logo

Key Industry Insights & Findings from the report:

The IT infrastructure segment is expected to register a CAGR of 6.3% over the forecast period as a result of the increasing demand for high-performance computing servers, storage capacity, and sophisticated networking infrastructure.

In Asia Pacific, the market is expected to witness high growth over the forecast period in line with the rapid development of IT and communication infrastructure and the continued rollout of 5G networks.

Key players focus on product innovation and introduction of new technologies to their portfolio. For instance, in June 2018, Huawei Technologies Co. Ltd. released Smart DC 3.0, a solution that leverages AI technology to manage cooling and the utilization of power and resources.

Read 110-page full market research report for more Insights, "Data Center Construction Market Size, Share & Trends Analysis Report By IT Infrastructure, By Power Distribution & Cooling Infrastructure, By Miscellaneous Expenses, By Tier Type, By End-use, By Region, And Segment Forecasts, 2020 - 2027", published by Grand View Research.

Data Center Construction Market Growth & Trends

The adoption of a software-defined data center in the healthcare industry is expected to drive market growth in the near future. There has been an increase in medical expenditures every year. The Institute for Health Metrics and Evaluation predicts that by 2040, healthcare spending will total USD 18.28 trillion, with high-income countries spending USD 9,019 per person. Despite the nascent stage that healthcare organizations are in with adopting modern IT infrastructure changes. Data management, networking, and server storage can be streamlined, unified, and improved by implementing a software-defined data center in the healthcare industry.

Story continues

Asia Pacific IT infrastructure industry expanded significantly during fiscal 2019. The increase in sales of networking equipment, such as switches and routers, handles this expansion. Businesses like Huawei Technologies Co. Ltd., Dell, and HP Enterprises have all contributed significantly to the expansion of the market in the area. The introduction of new products by these businesses in the servers and networking sectors has helped the IT infrastructure market expand throughout the Asia Pacific. Additionally, this region is receiving a significant investment from cloud service companies. For instance, Amazon.com invested USD 339.7 billion in its Indian data center and e-commerce businesses in February 2020.

Market Opportunities

Growing Adoption of Hyper-Scale Data Centers in Large Enterprises

The increased construction of hyper-scale data centers throughout the world to store large amounts of data is creating a lucrative opportunity for industry participants. Hyper-scale data centers are utilized in a variety of industries to enhance computing power, memory, networking infrastructure, and storage resources. The physical infrastructure and distribution systems supporting the data centers for optimizing cooling efficiency, and the capacity to extensively scale computing workloads effectively, are among the different elements of hyper-scale data centers.

Adoption of IoT, AI, And Intelligent Computing

Internet of things (IoT), AI, and intelligent computing are gaining popularity in a variety of sectors and industrial verticals, creating opportunities for market participants. Developing countries have invested in data center infrastructure as part of their efforts to automate the economy. These facilities have witnessed widespread use in areas such as BFSI, manufacturing, healthcare, and energy, among others. For instance, in 2020, Wiwynn unveiled next-generation Open Compute Project (OCP) servers to meet the growing demand for cloud computing, artificial intelligence, and high-performance computing.

Role of Key Players

The network infrastructure ecosystem is benefitting from government initiatives aimed at reducing barriers to cross-border operations. As a result, key players like Huawei Technologies Co. Ltd, AT&T, and Sky Telecom, among others, have been aggressively investing in rising economies in Latin America, the Middle East, and other regions to expand their business. These market players are securing contracts and tapping into new markets to increase their presence with technological advancements and product innovations. In addition, these key players are pursuing various strategic activities, such as geographical expansion, acquisitions, mergers, and collaborations. For instance, in 2020, MOX Networks, LLC, and Cologix declared a new partnership to provide connectivity solutions across North America.

Data Center Construction Market Segmentation

Grand View Research has segmented the global data center construction market based on IT infrastructure, power distribution and cooling infrastructure, miscellaneous expenses, tier type, end-use, and region:

Data Center Construction Market - IT Infrastructure Outlook (Revenue, USD Billion, 2016 - 2027)

Networking Equipment

Servers

Storage

Data Center Construction Market - Power Distribution & Cooling Infrastructure Outlook (Revenue, USD Billion, 2016 - 2027)

Power Distribution

Cooling

Data Center Construction Market - Miscellaneous Expenses Outlook(Revenue, USD Billion, 2016 - 2027)

Data Center Construction Market - Tier Type Outlook(Revenue, USD Billion, 2016 - 2027)

Data Center Construction Market - End-use Outlook(Revenue, USD Billion, 2016 - 2027)

IT & Telecom

BFSI

Government & Defense

Healthcare

Energy

Others

Data Center Construction Market - Regional Outlook (Revenue, USD Billion, 2016 - 2027)

North America

Europe

Asia Pacific

South America

Middle East & Africa

List of Key Players of Data Center Construction Market

Check out more related studies published by Grand View Research:

Data Center UPS Market - The global data center UPS market size is anticipated to reach USD 5.67 billion by 2020, at a registering a CAGR of 7.3% over the forecast period, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% during the forecast period. Increasing adoption of cloud computing services and soaring need for uninterrupted power to ensure efficient operations in banks, financial institutions, and businesses are expected to propel the data center uninterruptible power supply market.

Non-volatile Dual In-line Memory Module Market - The global non-volatile dual in-line memory module market size is estimated to reach USD 11.2 billion by 2027, registering a CAGR of 39.7% from 2020 to 2027, according to a new study by Grand View Research, Inc. The significantly growing number of data centers across the globe is the key driving factor. NVDIMM is a persistence memory module. The demand for non-volatile dual in-line memory module (NVDIMM) in enterprise storage application to prevent data from losses in a service outage is anticipated to bode well for the market growth. Additionally, high demand to reduce latency in storage and servers for data processing is further expected to propel the market growth.

Construction And Design Software Market - The global construction and design software market size is expected to reach USD 19.12 billion by 2030, growing at a CAGR of 8.5% from 2022 to 2030, according to a recent report by Grand View Research, Inc., The growing demand for effective tool management and development of digital capabilities such as the Internet of Things (IoT) and Building Information System (BIM) are the major drivers that are likely to create the need to adopt construction and design software across infrastructure and real estate industries. These digital capabilities help organizations automate, track, and manage budgets by managing construction projects and controlling costs across the operations. Thus, it allows organizations to increase profits and maximize efficiency by reducing risks and other issues. This is attributed to the rise in demand for construction and design software during the forecast period.

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View original content:https://www.prnewswire.com/news-releases/data-center-construction-market-anticipated-to-reach-308-7-billion-by-2027-grand-view-research-inc-301604954.html

SOURCE Grand View Research, Inc.

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Data Center Construction Market Anticipated to reach $308.7 Billion by 2027: Grand View Research, Inc. - Yahoo Finance

By Lisa Wang / Staff reporter

Cloud computing equipment company Wiwynn Corp (), which counts Meta Platforms Inc as one of its key customers, is boosting capacity expansion in Malaysia through a new investment of about NT$1.94 billion (US$64.7 million), it said yesterday in a statement filed with the Taiwan Stock Exchange.

The investment, which aims to help the company with business development and strategic arrangements, would be made through subsidiary Wiwynn Technology Services Malaysia Sdn Bhd to build a new factory, Wiwynn said in the filing.

The announcement came about one-and-a-half months after the company started phase II of its new server printed circuit board assembly (PCBA) plant for cloud data centers at the Senai Airport City industrial development in Malaysias Johor state.

Photo courtesy of Wiwynn Corp

With the new server PCBA plant, Malaysia would become one of Wiwynns manufacturing hubs, providing complete services from PCBA to rack integration to address surging demand from hyperscale data centers, it said.

Wiwynn said it plans to complete phase I construction of the facilities a server rack integration plant in the first quarter of next year, followed by the PCBA plant in 2024.

Wiwynn is a subsidiary of notebook computer maker Wistron Corp (), which owns about a 44 percent stake in the server manufacturer.

Wiwynn, based in New Taipei Citys Sijhih District (), posted a record-high net profit of NT$3.56 billion last quarter, a 54.3 percent increase from NT$2.31 billion in the second quarter last year, the company said in a statement released earlier this month.

Earnings per share rose to NT$20.38 last quarter, up from NT$13.2 a year ago.

Revenue soared 46.62 percent to a record high NT$75.06 billion during the quarter ending on June 30, compared with NT$51.29 billion in the same period last year.

Wiwynn expected the growth momentum for cloud-based data centers to extend into the second half of the year, as companies accelerate digital transformation and adopt artificial intelligence applications, the statement said.

The company said it would continue investing in expanding capacity in Taiwan, North America and Southeastern Asia in response to market uncertainty and supply chain risks.

The company is also seeking closer collaboration with customers and supply chain suppliers to maintain resilient operations, it added.

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Wiwynn to invest nearly NT$2 billion in Malaysia -

Entrepreneurs Organization of South Florida Partners withFront Row Motorsports at Homestead. Image from Front Row Motorsports.

Eight premier companies who are members of EO South Florida will collaborate to be the primary partners during the race weekend. The companies include:

ValidiFI A Specialty Consumer Reporting Agency which provides raw and modeled data that powers fintech credit and risk models.

Direct Colors The leader in Decorate Concrete, providing the largest selection of premium concrete colors and project guidance to DIYers and contractors worldwide.

Paw.com Award winning designer and manufacturer of high-quality, innovative pet lifestyle products.

Team Bennett Unishippers is a people business, who strives to train and develop our teams to grow from sales representatives to executives.

Gold Aviation Services With a fleet of next generation aircraft, Gold Aviation provides exclusive business class service for chartered flights, management, maintenance, sales, and acquisition.

Streeme.TV is a streaming television service that offers live and on-demand programming from more than 180 networks. Its wide range of programming from the largest networks to uniquely curated content, has led it to become the fastest growing provider of streaming television to college campuses in the US.

CloudHesive With a fast-growing team of 140 employees, CloudHesive is an Amazon Web Services Premier Consulting partner that delivers cloud computing services including cloud migrations and management, contact center modernization, end-user computing, DevOps consulting, and cybersecurity services.

GAINSWave The leader in sexual wellness, provides you with the high-performance fuel injection you need to cross the finish line.

EO South Florida is one of the largest chapters in the global Entrepreneurs Organization that allows forward-thinking entrepreneurs to have peer-to-peer networking. The NASCAR program with FRM allows the Chapter and its members to collaborate with the team and Gilliland to learn about the business of motorsports and grow their business with others in the sport while connecting with the millions of NASCAR fans.

We are so proud that the Entrepreneurs Organization South Florida Chapter and Front Row Motorsports, have partnered together for Homestead. This marks a first time in both Organizations history for a partnership of this type. Both Organizations are built on the values of hard work, competitiveness, and strong leadership, says Chapter President Lillian Roberts. I am thrilled to highlight eight amazing members that we are showcasing at this most prestigious race.

EO South Florida will host more than 50 members and guests at Homestead and enjoy VIP experiences, meeting the FRM drivers and team members, and learning the business of the team.

Ive spent time with EO South Florida earlier this year and its easy to see how each member benefits from each other, said Gilliland. They are like a family. I compare it to a NASCAR team with everyone working together for a common goal of success. I am looking forward to working more with EO South Florida and thank them for their support of my rookie season.

The partnership includes social media and promotion of each EO South Florida primary partner on the car. Fans will be able to follow FRM and its driver social media channels throughout the remainder of the year to learn more.

Front Row Motorsports

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Entrepreneurs Organization of South Florida Partners with Todd Gilliland at Homestead - Jayski.com

You've heard of serverless computing, which lets you deploy applications without worrying about the underlying infrastructure. But did you know that you can also take a serverless approach to databases?

If not, read on for a look at how serverless databases work, why they are becoming popular, and which serverless database options dominate the market at present.

Related: Cloud Computing Sustainability: How Green Is the Cloud?

A serverless database is a database that lets you store, manage, and analyze data without having to manage the underlying host infrastructure.

In other words, when you use a serverless database, you just load your data and run queries on it as you wish. You don't need to worry about ensuring that there is enough storage space to accommodate your data. You may also not need to figure out how to structure or partition the data to ensure optimal analytics operations. These tasks are handled for you by the database provider.

Related: 5 Myths About Cloud Pricing

To be clear, serverless databases have underlying infrastructure. But that infrastructure is managed by someone else namely, the vendor of the serverless database platform rather than users. So, from the user's perspective, the server essentially doesn't exist.

The same is true of serverless computing, which also eliminates the need for users to manage the underlying infrastructure when deploying applications. Indeed, the serverless database concept was inspired by the serverless computing trend, which was popularized by the launch of AWS Lambda in 2014.

That said, it's important not to confuse serverless databases with serverless computing. They are different types of solutions focused on solving different problems. Serverless compute platforms let you deploy applications; they are not designed for data storage or analytics. Likewise, a serverless database can't host your app. It can just host your data and support analytics operations.

Compared with conventional databases, which require users to set up and administer host infrastructure, serverless databases provide several core benefits:

On the other hand, serverless databases have some potential downsides:

As the serverless database concept grows in popularity, an increasing number of vendors are offering serverless database solutions. Popular platforms include:

Serverless databases aren't right for every data analytics use case. But if your data storage and analytics requirements scale up and down frequently and/or you don't want the hassle of managing your own database infrastructure, serverless databases offer a database solution that will be simpler, and possibly also more cost-effective, than conventional database platforms.

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Benefits and Drawbacks of Serverless Databases - ITPro Today