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Category Archives: Cloud Computing
Cloud Computing IaaS In Life Science Market Size, Scope and Forecast | Cleardata Networks Dell Inc., Global Net Access (GNAX), Carecloud Corporation,…
Posted: June 22, 2022 at 11:28 am
New Jersey, United States The Cloud Computing IaaS In Life Science Marketresearch report examines the market in precise detail during the anticipated period. The research is divided into sections, each of which includes a market trend and change analysis. Drivers, limits, possibilities, and hurdles, as well as the impact of numerous aspects on the sector, are all variables in market dynamics.
The report provides participants with critical information as well as specific recommendations for gaining a competitive advantage in the global business world. It investigates how different players compete in the global market and shows how they compete differently. The market size for the Cloud Computing IaaS In Life Science market is calculated using a projected period included in the research study. The markets current state and trends, as well as business growth drivers, sector share, sales volume, interesting BI dashboards, and market forces, are all explored.
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Key Players Mentioned in the Cloud Computing IaaS In Life Science Market Research Report:
Cleardata Networks Dell Inc., Global Net Access (GNAX), Carecloud Corporation, Vmware Carestream Health IBM Corporation, Iron Mountain Athenahealth, Inc. and Oracle Corporation.
Our analysts have done a qualitative and quantitative analysis of the microeconomic and macroeconomic components of the Cloud Computing IaaS In Life Science market. This study will also aid in comprehending changes in the Cloud Computing IaaS In Life Science markets industrial supply chain, manufacturing processes and costs, sales scenarios, and market dynamics.
This analysis highlights significant mergers and acquisitions, corporate expansion, differences in goods or services, market structure, competitive conditions in the Cloud Computing IaaS In Life Science market, and market size by the participant.
Cloud Computing IaaS In Life ScienceMarket Segmentation:
Cloud Computing IaaS In Life Science Market, By Component
Software Hardware Services
Cloud Computing IaaS In Life Science Market, By Application
Nonclinical Information Systems (NCIS) Clinical Information Systems
Cloud Computing IaaS In Life Science Market, By Deployment Model
Private Cloud Public Cloud Hybrid Cloud
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Cloud Computing IaaS In Life Science Market Report Scope
Key questions answered in the report:
1. Which are the five top players of the Cloud Computing IaaS In Life Science market?
2. How will the Cloud Computing IaaS In Life Science market change in the next five years?
3. Which product and application will take a lions share of the Cloud Computing IaaS In Life Science market?
4. What are the drivers and restraints of the Cloud Computing IaaS In Life Science market?
5. Which regional market will show the highest growth?
6. What will be the CAGR and size of the Cloud Computing IaaS In Life Science market throughout the forecast period?
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Verified Market Research is a leading Global Research and Consulting firm that has been providing advanced analytical research solutions, custom consulting and in-depth data analysis for 10+ years to individuals and companies alike that are looking for accurate, reliable and up to date research data and technical consulting. We offer insights into strategic and growth analyses, Data necessary to achieve corporate goals and help make critical revenue decisions.
Our research studies help our clients make superior data-driven decisions, understand market forecast, capitalize on future opportunities and optimize efficiency by working as their partner to deliver accurate and valuable information. The industries we cover span over a large spectrum including Technology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive, Robotics, Packaging, Construction, Mining & Gas. Etc.
We, at Verified Market Research, assist in understanding holistic market indicating factors and most current and future market trends. Our analysts, with their high expertise in data gathering and governance, utilize industry techniques to collate and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research.
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ICT infrastructure ignites the growth of the digital-first economy – CIO
Posted: at 11:27 am
The pandemic has brought significant challenges to everyday life, also throwing a spotlight on the digital divide and the urgent need for socially balanced services, inclusive education, and industrial development addressed through digital technology infrastructure. The future will be resolutely digital first, with this technology and infrastructure driving economic growth and green development. Huawei is committed to bringing digital to every person, home, and organization for a fully connected, intelligent Asia Pacific (APAC).
Digital Infrastructure Is the Main Engine of Future Economic Growth
From connectivity to cloud computing, Information and Communications Technology (ICT) infrastructure is the foundation of the Digital First Economy (DFE). However, its development is uneven around the world.
Among the Association of Southeast Asian Nations (ASEAN), cloud penetration is less than 20%, Long Term Evolution (LTE) penetration sits around 54%, and fixed broadband penetration is approximately 35%. Such numbers show that millions of people and families still lack digital access.
Aside from basic network coverage challenges, the quality of network connections also needs to be improved to ensure that the ICT infrastructure base is robust enough to support a digital-first world. Indeed, strengthening ICT to develop the digital economy is now a commonly held priority for countries in the region. Urgent action is therefore required to prepare for the digital economy.
To this end, 170 countries have already laid out detailed national digital strategies to drive economic digital transformation. Some 58 countries have rolled out 5G and fiber dual gigabit networks for frontier technologies. And some industries notably, the transport, finance, and education sectors have expedited digital transformation based on ICT networks and the cloud.
Looking forward, the world is evolving toward a data- and intelligence-driven digital society, casting data as the key asset of the age. From 2021 to 2024, data consumption will increase accordingly, from 70 ZB to 150 ZB. Data governance monetization will move from US$2 trillion to US$13 trillion. Energy consumption is also expected to increase by 50% by 2050, with renewable energy and ICT technology helping to reduce carbon emissions and improve energy efficiency, promoting a green and sustainable economy.
The Kind of Digital Infrastructure Countries Should Build to Lead the Way
If the core theme of the DFE is the use of digital technology and digital infrastructure to drive economic development, what kind of infrastructure should countries build and how can they ensure that they are leading the way?
Every country should push forward targeted DFE development policies and planning recommendations, focusing on ICT digital infrastructure to drive national economic competitiveness and GDP growth.
To begin with, developing policies and top-level plans for digital transformation have to be priorities.
A shift from a reactive response to proactive planning will bring clear benefits, creating new value and improving the competitiveness of enterprises. Organizations need to reprioritize digital investments to increase business resilience and prepare for digital transformation. It has been said that 4G changes life while 5G changes society. But 5G in APAC is still in its infancy. It is clear from the 4G example that, in markets with high spectrum prices, 4G investment and development are relatively slow. But the APAC 4G penetration rate has already exceeded 50%, and 4G prices are reasonable in major APAC countries.
As a key technology to improve national digital competitiveness, 5G spectrum prices should therefore be lower than 4G. Chinas model is worth learning from, as the government provides free spectrum to promote the development of the digital industry. This same digital industry continues to contribute tax revenue to the government, achieving a mutually beneficial outcome for the government, operators, and industry.
Government industrial policies, such as spectrum prices and tax incentives, therefore have a big role to play in promoting the digital industry. The advice to governments of developing countries has to be: adopt friendly industry, spectrum, and tax policies to encourage long-term investment and innovation in digital infrastructure.
Next, new economic horizons are emerging, enabled by ICT investment and ICT talent. This requires countries to accelerate ICT infrastructure capabilities and skilled digital talent, in order to plan and guide technologies such as a national broadband network, the 2GHz spectrum, 5G and the Fifth-Generation Fixed Network (F5G), Fibre To The Room (FTTR), cloud-first, XaaS, and more.
Talent is the driving force of digital innovation, but the distribution of talent across APAC is uneven. APAC countries should increase investments in talent planning and actively cooperate with universities.
Huawei is contributing to talent development in APAC through its Seeds for the Future program, which provides students with opportunities to access the latest technologies, and the Huawei ASEAN Academy, which already works with governments and enterprises and has trained 88,000 individuals in ICT talents since 2019. Over the next five years, Huawei will cultivate a further 300,000 local ICT talents in APAC, empowering the development of the regions digital economy.
Finally, cloud computing needs to be encouraged, while targeting carbon neutrality.
New cloud-native business practices should be adopted by building business capabilities on the cloud, then growing on the cloud. In the future, the majority of data will be stored and processed on such a cloud platform, making cloud infrastructure a fundamental core for digital industrial development and a key part of economic resilience.
Most developing countries should proactively plan a 30/6X carbon peak and carbon neutrality commitment with National Determined Contributions (NDC) to avoid carbon trading taxes or trade barriers set up by developed countries.
When building a cloud data center, use the very latest technologies to boost Power Usage Effectiveness (PUE), bringing the figure down to 1.2. Power consumption per bit can be minimized by using bits to manage watts: this is where Huaweis leading ICT infrastructure combines digital and electronic technologies to improve the worlds energy efficiency and enable cloud computing thats genuinely green and sustainable.
Huawei is willing to strengthen cooperation in 5G, cloud services, and AI technologies to become a strategic partner of all APAC countries for digital transformation, building leading digital infrastructure in the region and accelerating progress toward the DFE.
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ICT infrastructure ignites the growth of the digital-first economy - CIO
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Advent of cloud computing solution to foster Disaster Recovery as a Service (DRaaS) market growth, Competitive Players Hewlett Packard Enterprise,…
Posted: at 11:27 am
Requirement to fix first and run later is eliminated owing to adoption DRaaS, is expected to prominent factor propelling the market growth
Disaster Recovery as a service (DRaaS) market refers to replication or hosting of virtual or physical servers to a third party business location, which either includes backup appliances or cloud, for enabling data and information recovery in case of any natural or manmade calamity. Significant number of advantages over the conventional disaster recovery, such as elimination of downtime, reduction in IT costs and resources is expected to present major traction to the industry growth.
Market Overview:
Disaster Recovery as a service (DRaaS) is software that is used to backup appliances or the cloud and allow data and information recovery in case of any natural or manmade disaster occur.
Competitive Landscape:
Acronis International, Amazon Web Services, Cisco Systems, Microsoft Corporation, IBM Corporation, Sungard Availability Services, VMWare, Hewlett Packard Enterprise, iland Internet Solutions, and NTT Communications Corporation, among others.
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Key Market Drivers:
Growing need for backup data in organization is expected to drive growth of the Disaster Recovery as a Service (DRaaS) market. Advent of cloud computing solution has again propelled growth of the market. Moreover, upsurge in small and medium enterprises as these solution are cost-effective SMEs are rapidly adopting DRaas which in turn further accelerating market growth.
Advancement in technology is also contributing to growth of the market. For instance, in October 2021, Cohesity, a marketer in next-gen data management, announced the launch of its next as a service offering disaster recovery as a service (DRaaS). This new offering extends the exceptional disaster recovery (DR) capabilities provided by Cohesity SiteContinuity and adds the ability to use Amazon Web Services (AWS) as a recovery location for failover and failback in a Software as a Service (SaaS) model.
Geographically, the report examines production, consumption, revenue, market share, growth rate, and forecasts for the following regions:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
Covid-19 Impact Analysis
With the slowdown in the economic growth the manufacturing or assembling organizations are has suffered a lot and confronting hardships in working their office in this pandemic circumstance. Besides, a portion of the organizations have briefly closed down while others are battling to proceed with their activities. This has negatively impacted Disaster Recovery as a Service (DRaaS) market. However, the market is expected to rise at a significant rate over the forecast period.
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Some of the important questions answeredin this report include:
What are the top five Disaster Recovery as a Service (DRaaS) Market players?
What will the Disaster Recovery as a Service (DRaaS) Market look like in the following years?
Which product and application will dominate the Disaster Recovery as a Service (DRaaS) Market?
What are the Disaster Recovery as a Service (DRaaS) Markets drivers and restraints?
Which regional market will represent the highest growth?
What will be the CAGR and market size of the Disaster Recovery as a Service (DRaaS) Market over the forecast period?
What is the present market size, what will it be in 2029, and what will be the growth rate?
What are the constraints to market growth?
What market opportunities and risks do the key companies face?
Who are the main competitors, and what is their strategic approach?
What are the markets entry challengesfor new players?
Market Segment Analysis:
On the basis of DRaaS types, the global disaster recovery as a service market is classified into:
On the basis of services, the global disaster recovery as a service market is classified into:
On the basis of deployment models, the global disaster recovery as a service market is classified into:
On the basis of enterprise, the global disaster recovery as a service market is classified into:
On the basis of end use industry, the global disaster recovery as a service market is classified into:
Key Takeaways:
The Disaster Recovery as a Service (DRaaS) market is owing to the development of IT infrastructure and adoption of cloud based solution.
Asia Pacific is expected to gain significant growth over the forecast period owing to the expansion of IT infrastructure in the region. According to National Association of Software and Service Companies (Nasscom), the Indian IT industrys revenue is estimated to reach US$ 194 billion in FY21, an increase of 2.3% YoY
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Casepoint Becomes the First Cloud-based Legal Hold and eDiscovery Platform to Achieve US Department of Defense IL5 ATO – PR Newswire
Posted: at 11:27 am
The DoD now has the secure and effective cloud solution it needs to meet Legal Hold and eDiscovery requirements.
Until now, the DoD did not have any SaaS solutions available for Legal Hold and eDiscovery that met DISA's stringent security protocols under its DoD Cloud Computing Security Requirements Guide (SRG). This meant that DoD had to rely on legacy on-premise applications or leverage cloud-based solutions from other agenciesto manage the disclosure and discovery of growing volumes of electronically stored information (ESI).
With Casepoint's DoD IL5 authorized platform, DoD now has the secure, efficient, and effective cloud solution it needs to meet increasingly complex and demanding Legal Hold and eDiscovery requirements. Casepoint's first-in-market security classifications will enable DoD to more efficiently and securely comply with deadlines for litigation (eDiscovery), investigations, Freedom of Information Act (FOIA) requests, and Congressional inquiries for DoD's Office of General Counsel (OGC) and Defense Legal Services Agency. Casepoint allows DoD to securely and efficiently process growing data volumes, handle complex data formats, meet rapid deadlines, and enable secure cross-team collaboration reducing costs and optimizing eDiscovery workflows while meeting rigorous security requirements.
"DoD OGC had the foresight to pave the way for a secure cloud eDiscovery solution thatcould be used for sensitive data. Casepoint is honored to have the opportunity towork alongside DoD and DISA and provide a highly secure cloud environment to movetheir eDiscovery to the cloud," says Amy Hilbert, EVP of Government Solutions at Casepoint. "DoD elements and services, as well as, other federal departments and agencies with mission critical system needs can now pursue their own instance of Casepoint's innovative legal discovery platform for their CUI needs with the DISA authorization."
Casepoint's configurable, cloud-based eDiscovery platform paired with the company's extensive experience working with government agencies, supports a great partnership. As more government agencies look to move away from their on-premise discovery tools, Casepoint's cutting-edge artificial intelligence (AI) technology will improve DoD's capacity to oversee litigation and other legal matters. The platform's role-based access, which supports single sign-on and multifactor authentication, enables secure cross-team collaboration. The platform also features built-in legal hold capabilities, customized workflows, and powerful AI to automate the analysis of large volumes of complex data for increased cost savings and efficiency.
Beyond this recent win, Casepoint's best-in-class security program continues to evolve. The company plans to offer DoD and other government agencies even more rigorous security by pursuing IL6 authorization. These accreditations, along with FedRAMP Authorization, will allow Casepoint to provide ongoing support to all DoD components and offices, through the Non-classified Internet Protocol (IP) Router Network (NIPRnet) and, eventually, Secret Internet Protocol Router Network (SIPRNet). DoD will benefit from the industry's most advanced technologies (including built-in AI and advanced analytics), virtually unlimited scalability, and fully integrated litigation tools that accommodate seamless collaboration across teams and with external partners, all while fulfilling the agency's critical need for data security.
About Casepoint
Trusted by leading corporations, government agencies, law firms, and legal service providers, Casepoint empowers organizations to maximize efficiency and reduce risk with its innovative legal discovery platform. Casepoint's robust, cloud-based, highly scalable, and secure legal discovery platform is designed to easily manage increasingly complex litigation, investigation, and compliance needs. Casepoint's Legal Discovery Platform offers robust capabilities including legal hold, cloud collections, data processing, advanced analytics, AI, review, production, and case summary all in an easy-to-use web interface. Casepoint's Legal Discovery Platform is next-generation legal technology that will enable your organization to increase productivity, efficiency, and business results.
Media Contact:Carolyn DepkoPlat4orm PR[emailprotected]
SOURCE Casepoint, LLC
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The Most In-Demand IT Skills, From Communication to Cloud Computing – Lifehacker Australia
Posted: at 11:27 am
This article is sponsored by NTT.
Ten years ago, information technology looked very different to what it does today. Stuffy back rooms housed huge servers and everyone had to be at their desk to actually work the horror.
A steep rise in innovation over the last decade, from cloud computing to smartphones and remote work, has seen IT needs change. Now, with a huge range of careers on offer for people pursuing IT, how on earth are people meant to prepare?
We chatted with John Karabin, Senior Director from NTT, one of the largest technology and business solutions providers in the world, to help narrow things down. He talked us through the most in-demand skills theyre looking for in new IT hires in 2022.
Whoever started the outdated stereotype that IT professionals go into tech to avoid people got it all wrong. John says communication skills definitely come first.
IT specialists deal with a lot of people who arent in the industry, he explains. And its critical to be able to translate what they work on and articulate the value they bring to decision-makers within the business.
If youve ever worked in an office, youll have seen first-hand how many urgent requests get thrown at the IT team. Calmly explaining the complex tech to their colleagues and managing their (usually unrealistic) expectations can be half the battle.
John also says that having a goal-oriented attitude is a crucial skill in tech.
It will help drive your purpose. Especially when starting out, being mission-driven, having enthusiasm, and ultimately showing interest in IT will stand you in good stead for a successful career, he explains.
When it comes to the hard technical skills that people should pick up for IT, cloud computing is key.
According to John, cloud computing is the smallest but fastest-growing market in Australia. He explains that having the ability to migrate on-premise facilities to the cloud will be a sought after skill for years to come.
While weve established IT specialists need to be people-people, John is actually talking about technical networking skills here.
Networking skills are highly in demand right now. Having the foundational knowledge of configuring, building, managing, and maintaining network infrastructure is essential for securing data that can transfer onto other technical skills, says John.
Time and project management skills go a long way in IT especially as you climb the ladder into a more senior role.
Being well organised is critical when you need to run multiple factions of an IT department, says John. While also understanding how the different pieces of the puzzle connect to show the bigger picture.
Formal education at a university or TAFE helps boost your IT knowledge and credentials, but John says nothing compares to learning on the job. He recommends racking up some hands-on experience with internships.
NTT runs an internship program with Deakin University that gives interns real-life experience to work on a project that they then present to high-level execs with a Q&A session.
Johns final piece of advice is just to get started.
The IT industry is a fast-paced, ever-changing space. If you can show your enthusiasm and willingness to learn, employers will notice your potential.
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The Most In-Demand IT Skills, From Communication to Cloud Computing - Lifehacker Australia
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Feds doles out another $100 million in cloud, security investments for agencies – SC Media
Posted: at 11:27 am
The federal government will invest close to $100 million to modernize cybersecurity operations at three agencies.
On Tuesday the General Services Administration announced a trio of awards under the Technology Modernization Fund that will pay for security upgrades to the U.S. Department of Agricultures primary IT network, stand up a multi-cloud security operations center at the Federal Trade Commission and modernize the Department of Homeland Securitys information sharing network.
In a statement, federal chief information officer Clare Martorana said the awards were part of the Biden administrations plan to aggressively invest in defenses and shift from outdated perimeter based defenses to a zero trust approach that confronts our adversaries capabilities and intent.
These investments will implement robust multifactor authentication, encrypt government data, quickly detect and contain adversary activity, and continuously identify and remediate vulnerabilities, Martorana continued.
Of the approximately $95 million doled out, more than two-thirds will go towards upgrading USDA.net, which has faced challenges in keeping up with expanded program needs for throughput and security, according to a project description for the funding. The upgrades will allow for quicker implementation of security policies for different software systems, provide a quicker path to Trusted Internet Connection points, reduce the number of networks owned and operated by USDA from 17 to one and save an estimated $734 million through greater efficiencies.
Another $26.9 will be used to develop a new information sharing platform to replace work done by the DHS Homeland Security Information Network, which is used to share sensitive but unclassified data about ongoing threats between the federal government, state and local governments, the private sector and international partners. During the pandemic the HSIN was heavily used by the Cybersecurity and Infrastructure Security Agency, the Center for Disease Control, the Department of Health and Human Services and other agencies to coordinate on COVID response activities and the resulting strain put unprecedented pressure on DHS decade-old information sharing network which struggled to handle the increased usage.
According to GSA the new platform will be cloud-native, with the ability to scale up computing resources for future emergencies and will include new security features that make it easier to provide secure access to the federal governments growing remote workforce.
The FTC is also looking to leverage the cloud in its own $4 million-funded project to stand up a security operations center as a service to protect consumer information, corporate filings and law enforcement-related data. That would involve using a third-party cloud provider to host that data and the agency claims doing so would greatly reduce the risk of ransomware and other forms of cyber attack (ransomware actors rarely target federal agencies for a variety of reasons, not least of which because there is almost no chance they will ever pay up) and cut down on the amount of time employees spend on incident response. While the center would focus on protecting FTC information, officials at the Technology Modernization Fund may see greater potential for the idea, calling it a repeatable foundation for future government-wide implementations of SOC as a Service.
While the moves follow federal mandates for agencies to move their systems and data to the cloud and adopt zero-trust architecture, they also come as cloud and managed service providers are being increasingly targeted by nation-state and criminal hacking groups precisely because they are seeing the same trends.
Campaigns like CloudHopper have allowed suspected Chinese hackers to pilfer massive troves of intellectual property, security clearance data and other sensitive records from Western businesses by targeting the cloud providers who hosted their data. While the federal government has its own dedicated vetting process for cloud products through FedRAMP, officials have warned that agencies who rely on commercial cloud providers may not be immune from those same threats.
I think its really intuitive that [malicious hackers] are going to follow our valuables to the new vaults. Our future is in the cloud, adversaries are seeing our data there, the big cloud providers are going to be attractive targets, said Rob Joyce, director of the NSAs cybersecurity directorate at RSA earlier this month. That cloud adoption is growing exponentially: its across private industry, critical infrastructure, the government to include the Intelligence Committee we have now classified clouds from commercial service providers. So we have skin in this game as well.
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Cloud computing: Here’s the security threat you should be most worried about – ZDNet
Posted: June 11, 2022 at 1:15 am
Image: Getty Images/iStockphoto
Poor identity, access and credential management is the biggest cybersecurity challenge for cloud computing, after the shift to remote working has redefined the workplace and changed priorities around the use of cloud applications and services, warns new research.
According to a survey of 700 industry experts on security issues in the cloud industry carried out by the Cloud Security Alliance, a not-for-profit that promotes best practices for cloud computing, insufficient identity, credential, access and key management for privileged accounts is a top concern around cloud cybersecurity.
The shift towards remote and hybrid working has changed how businesses and employees operate, no longer accessing office applications and productivity suites installed on their PCs at the office, but rather accessing the tools they need through software-as-a-service and cloud-based productivity suites from any device, no matter where they are.
That shift means managing access to resources and files is vital, especially when administrator or other high-level privilege access is required. But organisations are struggling to achieve this, particularly as many end users are now situated outside the company firewalls and traditional protections.
The ability to access cloud tools with a username and password is proving highly beneficial for many workers and employers,but it's also providing cyber criminals with low-hanging fruit. If hackers can breach the username and password, they have the same access as the user and with a legitimate account, which means suspicious activity might not be detected as promptly.
ZDNET SPECIAL FEATURE:SECURING THE CLOUD
But it isn't just cyber attackers from outside the company who can take advantage of misconfigured identity, access and credential management, if it isn't managed properly. It's also possible for these issues to be exploited by insider threats employees who can exploit the lack of controls to escalate their access privileges and gain access to data they shouldn't be able to.
They could be doing this just because they can, taking it with them to a rival company, or putting it up for sale to cyber criminals to exploit.
While gaining access to login credentials for cloud accounts is an increasingly common technique used in cyberattacks, in some cases, the attacker doesn't need a username or a password at all, because data stored in the cloud is being left exposed and is accessible to anyone who knows where to look.
The report also warns against some other common cloud security flaws, including:
In order to improve identity and access management controls, the report recommends organisations implement a zero-trust model of cybersecurity, requiring validation at every stage of the user's journey through the cloud environment, preventing them from using one set of credentials to gain access to things they don't need to.
Users should also be required to avoid using weak passwords, so intruders can't use brute force attacks or guesswork to gain control of accounts. In addition, users should be equipped with multi-factor authentication to create an extra barrier against attacks.
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Cloud Computing Market in Healthcare Industry Insights and Emerging Trends by 2028 – BioSpace
Posted: at 1:15 am
Wilmington, Delaware, United States: According to the report, the global cloud computing market in healthcare industry was valued at US$ 383.0 Bn in 2020 and is projected to expand at a CAGR of 10.8% from 2021 to 2028. Cloud computing is delivery of tools and applications such as data storage, software, databases, servers, and networking services through the Internet. Cloud computing enables accessing data and information virtually or on cloud remotely.
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Companies use cloud computing services to store files and applications at remote severs and access all the data though Internet. Cloud computing is either private or public, with public cloud services offered through Internet at certain price and private cloud services offered to particular group of people.
Rise in cost of delivering healthcare services to the patient community has induced the healthcare industry to evolve as one of the largest industries with trillions of dollars spent within the public and private sectors. Aging population and global economic development have resulted in demand for better healthcare, which fueled the growth of the healthcare industry. Cost-effective approaches with optimal operational efficiency are in demand. Cloud computing helps healthcare organizations share all the information that is stored across various information systems in real time and increases productivity and cost-efficiency. The healthcare cloud computing market in healthcare industry is estimated to witness high growth over the next few years.
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Technological Advancements to Drive Cloud Computing Market in Healthcare Industry
Cloud computing is a growing trend in the digital transformation of the healthcare industry catering to the needs of the patients. Companies such as IBM and Microsoft are prominent in providing technically advanced cloud-based solutions to patients. Cloud-based solutions tackle the key challenges in the healthcare industry by increasing the cost effectiveness and managing the sufficient healthcare ecosystem. Contribution of cloud computing in boosting the personalized medicine industry that caters to the requirement of patients to identify disease risk and response to the tailor-made treatment therapy.
HCPs utilize the cloud computing technology to enhance their forecasting, communication, and decision-making capabilities to develop an IT infrastructure. The HCPs use big datasets for accurate decision and to establish a cost-effective model. For instance, Pfizer incorporated cloud-computing technology in lung cancer drug, Xalkori, which is used for treatment of patients with ALK mutation. Wireless technologies and cloud are a perfect solution for the problems related to unavailability of healthcare in rural areas. TeleCloud, the combination of telecare and cloud allows physicians and healthcare experts to diagnose and treat patients beyond geographies, real time, and cost effectively.
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Key Strategies Adopted by Prominent Players to Drive Cloud Computing Market in Healthcare Industry
In February 2022, Salesforce announced launch of safety cloud product, which would bring the business and communities for managing health and entry & testing protocols for creating safer in-person experiences at workplace and events. In January 2022, Mayo Clinic selected Oracle Fusion Analytics and Oracle Fusion Cloud Applications Suite to integrate and meet the goals set in 2030. This cloud-based solution will provide Mayo Clinic a single administrative platform for streamlining the supply chain management, HR, resource planning, analytics, and simplifying the processes.
In January 2022, IBM announced selling its healthcare data and analytics assets business from Watson Health business company to Francisco Partners. This collaboration will strengthen Francisco Partners technology products and utilize its healthcare acquisitions to advance in the healthcare industry.
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Platform-as-a-Service (PaaS) Segment to Expand at High Growth Rate
The global cloud computing market in healthcare industry has been segmented based on service model, pricing model, cloud type, and end-user. In terms of service model, the global market has been classified into infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). The infrastructure-as-a-service (IaaS) segment accounted for the largest market share in 2020.
The platform-as-a-service (PaaS) segment is expected to grow at rapid pace during the forecast period. This is because PaaS simplifies application development and deployment on the cloud. PaaS creates web applications quickly, without the need of underlying software or hardware and provides all the support for complete life cycle of building and delivering web applications entirely on the web.
North America to Lead Cloud Computing Market in Healthcare Industry
North America dominated the global cloud computing market in healthcare industry in 2020, accounting for the largest share. Technological advancements in healthcare, well-established healthcare infrastructure, large biopharmaceutical industry, adoption of artificial intelligence, machine learning, and use of electronic health records to streamline the operations across hospitals & clinics and to maintain patient records are anticipated to propel the cloud computing market in healthcare industry in the region during the forecast period. The growth of the market in North America can be attributed to the need of healthcare organizations to manage and optimize their complex IT systems, provide faster & flexible healthcare delivery to patients and physicians through mobile & other easy access systems, comply with regulatory standards, and maintain confidentiality of patient data.
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Europe held the second largest share of the global cloud computing market in healthcare industry in 2020. The market in the region is expected to expand at a faster CAGR over the next few years. Cloud deployment enables healthcare organizations to save cost, manage complex healthcare processes, and maintain patient information securely. These factors are likely to drive the healthcare market in the next few years, which in turn is projected to fuel the growth of the cloud computing market in healthcare industry in the near future.
Competition Landscape
The global cloud computing market in healthcare industry is niche due to presence of prominent and established players in the market. Key players operating in the market are CareCloud Corporation, ClearDATA Networks, Carestream Health, Inc., AGFA Healthcare, Cisco Systems, Inc., Merge Healthcare, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, Amazon Web Services, e-Zest, Kinvey, and Salesforce.
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Already on the edge, Akamai sets its sights on cloud computing and security – Protocol
Posted: at 1:15 am
If you asked CEO Tom Leighton to describe Akamai Technologies five years ago, his response would have been different from his answer today.
Today he describes the company as the worlds most distributed cloud services provider with services in compute, security and delivery. The company, which continues to evolve from its start as a content delivery network (CDN) provider, hit a key milestone in that journey last quarter.
Revenue from Akamais security and compute business combined to eclipse its delivery revenue for the first time. Security revenue increased 23% year-over-year to $382 million, and compute revenue hit $78 million, up 32%. Delivery revenue, meanwhile, fell 6% to $444 million.
Next year, security will be the largest of the three, Leighton said in an interview with Protocol.
It wont be the majority yet by itself, but itll be bigger than delivery and compute. Depends how fast compute grows, but thats an enormous market, and who knows, maybe compute will be the largest in five years. It'll be a tough fight with security for that crown, because those are both very fast-growing areas for Akamai.
Akamai bolstered its security and computing capabilities with two big acquisitions in the last eight months. It bought network security company Guardicore for $600 million in October, adding its micro-segmentation technology that blocks the spread of malware to Akamais zero-trust security portfolio for enterprises. In March, Akamai completed its $900 million acquisition of Linode, a cloud infrastructure-as-a-service provider that positions itself as an alternative to AWS, Microsoft Azure and Google Cloud.
Leighton, who has led Akamai since 2013 after co-founding the company in 1998 and serving as its chief scientist, talked to Protocol about Akamais cloud-to-edge strategy.
This interview has been edited and condensed for clarity.
Why did you decide to diversify Akamai?
Its what customers want, and its something we always wanted to do. We started with delivery. Early on, we provided security solutions for the government, but the industry wasnt ready yet for it, didnt fully appreciate it. It wasnt really until 2012 that companies started to appreciate they needed Akamai to protect them, that they just couldnt do it themselves anymore.
Also, early on 2000, 2001 time frame we started edge computing and, again, we were ahead of the industry. Thats before AWS existed, and the industry wasnt ready for edge compute then. We even had edge Java. We had edge WebSphere, Edge Side Includes. We pioneered the standard with Oracle back in 2001.
We did elementary things that our customers could use, but in terms of full-blown applications at the edge, it was too early. It just got popular lately. Actually, for 20 years the industry our competitors said edge was stupid. And all of a sudden they woke up and said, Oh, edge is really the future, and then they claim to have an edge, which they dont. Now, fast forward, we have thousands of customers using our edge computing capabilities today.
And now with the acquisition of Linode, well have core cloud computing capabilities. Thats the last big piece, in a sense, because now our customers can build their apps on Akamai, they can run them on Akamai, they can secure them with us and they can deliver, of course, through Akamai.
Akamai CEO Tom Leighton Photo: Akamai
What are Akamais security strengths and how does Guardicore fit into your strategy?
We've been in security a long time. I dont know that most of the world realized it, but we have been providing security services to protect U.S. government websites since probably 2001. We really started protecting major banks in 2012, 2013. And today we have the market-leading web app firewall solution [Web App and API Protector (WAAP), formerly known as Kona Site Defender] by far. Pretty much all the major banks and commerce companies use our security services. We have the best denial-of-service-prevention capabilities, the best protection for end-user accounts so they dont get stolen. Thats really important for banking accounts or commerce accounts, but, increasingly, media accounts your gaming accounts or your OTT [over the top] accounts are big targets.
What Guardicore does is that [it] protects enterprises from ransomware, and ransomware is the top problem today for enterprises. Its crushing, and Guardicore identifies applications when they've been hit with ransomware, and then stops it from spreading. And thats the key for stopping the damage from ransomware.
Typically segmentation has had sort of a bad name in the industry, because it was done in hardware, which made it really hard to do and not very effective. You physically separated your networks, and thats just really painful in an enterprise, so most enterprises didnt do it. But Guardicore invented a way to do it in software, where they place an agent or think of it as a mini firewall in every application. That agent tells when an application is doing something it shouldn't be doing or is being exploited in some way. It can also tell if it's got vulnerabilities like Log4j, and then it notifies the IT shop or the security shop that you got a problem here. Even better, it stops the problem from spreading. It doesn't let the malware jump from an HVAC unit into a critical operational system. And that way you limit the blast radius from ransomware. You limit the exposure to data exfiltration.
We view it as the cornerstone of a zero-trust strategy for an enterprise. The problem today is you could buy everybody's security services, and malware's still probably getting in somewhere. The key is really to know when it got in, where it got in and to stop it from spreading.
Why should enterprises use Linode over AWS, Microsoft Azure or Google Cloud or in addition to them under a multi-cloud strategy?
In short, it's the same reason that so many enterprises use us for delivery instead of AWS and Google and the other hyperscalers, and the same reason why they use us for security instead of those giant companies. In fact, those giant companies use us for delivery and security today. We have edge compute, and we're the best at that. Edge compute lives in 4,000 locations on Akamai, close to 1,000 cities around the world. Major companies, including those hyperscalers, use us for that.
For the core cloud compute, it is really easy to use Linode, very popular with developers and it's less expensive. Now what we need to do and will do over the course of the next year or so is make sure that Linode has the capabilities and the features that major enterprises need. Today they have some large customers, but mostly small and medium businesses and developers, and so there are some things that we need to do there that will make it enterprise-grade. When you put it in connection with our edge platform that has edge computing and, of course, our market-leading delivery and security you get a really exciting combination.
There's a lot of room for growth in cloud computing for the workloads. We know all the major enterprises or a lot of the major enterprises. They know us, and they're using us for delivery and security. Many of them have been asking us to develop a compute capability. And many of those companies compete with the hyperscalers, and they would like to have Akamai provide that capability, because we don't compete with them. We're not a threat to them. We're not a threat to be looking at their data. Of course, the fact that it's really easy to use and less expensive, I think that's helpful, too. It's about a third off [competitors] published pricing.
I expect that down the road the hyperscalers will also be using our compute solution as part of the overall Akamai platform. Some of the hyperscalers [parent companies Amazon and Microsoft] are our largest customers, and some are really good partners as well. It just broadens the capabilities that they can do on Akamai. I expect they will have applications that they're going to want to have running on containers or VMs in hundreds of places close to end users, and Akamai will have that capability. We're pretty unique in that.
What products or services do you need to add to entice enterprises? Will you offer managed services in the future?
There's certain base capabilities that we're in the process of adding VPC, reliability zones, getting it to be PCI-compliant, FedRAMP-compliant, that sort of thing just sort of basics. Linode has a good ecosystem of apps on top of it [that are] not managed today. And so for those customers that want to have managed third-party apps on top of Linode and not do it themselves, yes, we would be offering that capability over time or in conjunction with partners that would do the management of the services for them.
What edge computing products and services do you have today and what industries are using them?
There's a variety of things we do. We have a JavaScript engine that's running on all our edge servers, and customers can use that to create functions as a service. We also create packaged functions, we call them Cloudlets. In some cases, our customers created those, and then we offer them to other customers. So things you'd like to do with a website or application, A/B testing, failover capabilities, personalized content. And there's a special class of capabilities we call Edge Side Includes, which we launched in 2001, that allows our customers to program their page so it's dynamically assembled on the edge. We have thousands of customers using that today have for close to 20 years.
Delivery is still your largest business, but the growth is slowing. What's driving that, and do you expect it to recede to pre-COVID levels?
The traffic is growing, [just] not at as fast a rate. We're in a year now where it's a non-COVID year lapping on top of a COVID year, and so people are outside more, they're actually going back and doing shopping in stores more, so there's less traffic growth. I think this year will not be a strong year in terms of the delivery business revenue. Next year you get back into a more normal situation where you have a non-COVID year over a non-COVID year, and so you have more of normal dynamics then.
The main verticals for delivery are sort of two components. There's the big traffic verticals, which would be OTT and media: software, gaming downloads. Then there's the transaction verticals, which don't have a lot of traffic, but have high value for the traffic that they have, and that would be led by commerce, retail, hospitality and so forth. They're all growing traffic, but not nearly at the rates that they were.
This story was updated to correct a few transcription errors.
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IT leaders agree the need for ‘cloud-of-clouds’ – www.computing.co.uk
Posted: at 1:15 am
That was the message from a roundtable Computing ran this week with Sumo Logic, dicussing whether the promise of multicloud matches up with its reality.
Using a single cloud vendor is attractive; keeping all of your systems in one place lowers complexity and raises visibility. But increasingly, our research shows that IT leaders are just as if not more interested in best-of-breed software and competitive pricing - even if it means signing on with a different cloud vendor to do it.
Earlier this year, we found that about a quarter of UK IT leaders have an official multicloud strategy, and nearly a third expect to be using more cloud providers within the next two years.
About half of our roundtable attendees, from both public and private sectors, were already using multiple cloud vendors, often for resilience, while others were interested. Notably, not all not everyone was using the Big Three (AWS, Azure and Google): smaller vendors with niche propositions were also mentioned. That said, the combination of Azure and AWS was still the most popular choice.
All roundtable attendees, both those who were using multicloud setups and those who were interested, agreed that a management layer for visibility and control - a 'cloud-of-clouds' - would boost the uptake of multicloud.
A layer like this, also known as unified cloud management, could help to cut complexity, boost innovation and save costs; and while tools do exist, they aren't yet widespread. Recent Computing research shows that fewer than 20% of UK organisations are using a similar solution - despite nearly 40% of UK IT leaders agreeing that cloud complexity is slowing innovation, and almost half saying that tools from different vendors are too siloed at their company.
Cloud vendors will have to become more open as multicloud evolves and spreads, one delegate said in closing: "It will become a new standard."
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