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Category Archives: Cloud Computing

Routed announces new Partner Portal – IT-Online

Posted: January 17, 2022 at 8:18 am

VMware Cloud Verified and VMware Principal Partner, Routed, has launched its channel partner portal.

It aims to provide curated resources for partners, managed services providers, and ISPs selling, marketing, and operating as resellers of VMware Cloud through Routed.

Routed became the first VMware Cloud Verified partner in Africa in 2019 and has gone on to become a VMware Principal Partner, too. Andrew Cruise, MD of Routed, explains that Routed has built a resilient and robust channel to assist its partners in delivering the best solutions that their end-customers have come to expect from VMware.

VMware has a discerning customer base with specific requirements of their cloud technologies. Building our Partner Platform has allowed us to curate and focus our efforts on providing our partners with the right tools, material, and support for VMware Cloud presence in Africa through Routed, says Cruise.

Sumeeth Singh, cloud provider business head at VMware South Africa, confirms: Cloud computing solutions are driving the current wave of digital innovation. Through partners like Routed and their channel, we see the acceleration we look forward to, in an age where organisations big and small can benefit from a secure, efficient, and scalable VMware Cloud service delivery platform.

According to Gartner, spending on the public cloud is forecast to grow over 18% in 2021, with Infrastructure-as-a-Service (IaaS) expected to gain the most. Managed Service Providers, ISPs, even ISVs and distribution partners will do well to capitalise on this as organisations needs evolve. The market has already shifted from supply-driven to demand-driven, and its become essential for all organisations to consider how the cloud fits into their infrastructure plans.

On-premises infrastructure will always have its place in organisations, especially when more control is required, but it is asset-heavy and slow to adapt to change and growth. For the right use-cases migrating infrastructure to the cloud provides end-customers with agility and cost savings.

Routed depends on partners who can manage the implementation of its solutions, some of the most complete VMware Cloud-based infrastructure deployments available locally.

The opportunity exists for our partners who, with the right resources, knowledge and support from Routed and VMware, can confidently engage with their end-customers to provide the world-class solutions that VMware is renowned for with the level of support and service that they come to expect, adds Cruise.

With its Principal Partner status as a Cloud Provider the highest tiered recognition within the VMware Partner Connect programme Routeds partners now benefit from the same level of resources and support that a Principal Partner will enjoy but facilitated by Routed.

We are changing the cloud landscape, and this is just the start because, at Routed, we want the industry to develop because when the end-customers realise the benefits, we all win, concludes Cruise.

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Is This Tech Stock the Square of Cloud Computing? – The Motley Fool

Posted: at 8:15 am

In this segment of Motley Fool Live, recorded on Jan. 6, Fool contributor Trevor Jennewine explores how DigitalOcean (NYSE:DOCN) has been able to gain some significant traction in the crowded cloud computing space.

Trevor Jennewine: DigitalOcean is in the cloud computing business. This is going to be a high-growth tech company. It provides a range of infrastructure services like compute, storage, networking, and platform services like application development tools.

When most people think about cloud computing, I'm assuming Amazon (NASDAQ:AMZN) Web Services, Google (NASDAQ:GOOGL) Cloud, Microsoft (NASDAQ:MSFT) Azure come to mind, and with good reason, those three companies hold over 60% market share in the cloud computing industry, and they all have much larger portfolios than DigitalOcean.

But those cloud titans tend to tailor their products to larger enterprises. That means they're often too complex for the small and medium-sized businesses and the individual developers of the world.

I think the situation is somewhat similar to the way that financial institutions used to prioritize larger businesses. It was difficult to integrate third-party hardware, software, and payment processing services, and then Square [now known as Block (NYSE:SQ)] came along and it provided this end-to-end self-service solution and addressed the needs of those small and medium-sized businesses and it's really gained a lot of traction.

Now, Block is moving upstream, it's gaining traction with mid-market sellers, and I can see DigitalOcean following a similar path in cloud computing. The big thing here is that they simplify cloud computing. They tailor their platform to those small and medium-sized businesses. They have a very simple user interface. They actually say it's possible to get up and running with just three clicks without any formal training.

The company also provides infrastructure performance monitoring tools free of charge. Clients can troubleshoot and resolve problems. On top of that, they have an extensive library of tutorials. There's 24/7 technical support for every single customer regardless of how much they're paying.

I think that's particularly important, especially if you're not familiar with cloud computing or you're new to the technology. I think that they hold your hand through it and I think that's important. I also think there's a little bit of a network effect.

Developers can access these preconfigured applications through the DigitalOcean marketplace. As the company's customer base grows, the number of available products in the marketplace should grow too which creates value for all of DigitalOcean's customers.

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

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Is This Tech Stock the Square of Cloud Computing? - The Motley Fool

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Canada Customer Relationship Management Report 2021-2028: AI, Cloud Computing, and IoT Is Promoting the Adoption of Connected Devices -…

Posted: at 8:14 am

DUBLIN--(BUSINESS WIRE)--The "Canada Customer Relationship Management Market Size, Share & Trends Analysis Report by Solution, by Deployment, by Enterprise Size, by End Use, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The Canada customer relationship management market is expected to reach USD 5.3 billion by 2028, expanding at a CAGR of 12.2% from 2021 to 2028.

The rising demand for advanced technologies such as Artificial Intelligence (AI), cloud computing, and the Internet of Things (IoT) is promoting the adoption of connected devices as well as data-rich and analytics solutions across businesses and enterprises. These solutions enable the integration of intelligence capabilities into business operations and practices to facilitate improved and effective customer engagements while driving operational optimization.

Organizations are putting a strong emphasis on customer engagement. Hence, customer engagement is gradually becoming an important part of CRM activities. This is particularly encouraging vendors to introduce dedicated solutions for social listening, social management, social measurement, and social monitoring, among others. A strong CRM platform can help organizations in cementing relations with existing customers while attracting new customers.

Companies operating across several industries and industry verticals are putting a strong emphasis on expanding their sales through internal channels to cut costs and improve short-term results. As such, they are investing aggressively in CRM solutions to retain their existing customers and defend their market share.

The ability of manufacturing and service organizations to efficiently retain the existing customers and attract new ones is emerging as a significant factor in driving their competitiveness in today's dynamic business environment. Companies often gauge the success of their efforts in terms of their market share rather than sales volume, particularly in the event of a volatile market.

Thus, manufacturing companies prefer focusing on customer retention while fostering development through the existing customer base.

Canada Customer Relationship Management Market Report Highlights

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Canada Customer Relationship Management Market: Industry Outlook

Chapter 4 Canada Customer Relationship Management Market: Solution Segment Analysis

Chapter 5 Canada Customer Relationship Management Market: Deployment Segment Analysis

Chapter 6 Canada Customer Relationship Management Market: Enterprise Size Segment Analysis

Chapter 7 Canada Customer Relationship Management Market: End-Use Segment Analysis

Chapter 8 Competitive Analysis

Chapter 9 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/tgptls

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Canada Customer Relationship Management Report 2021-2028: AI, Cloud Computing, and IoT Is Promoting the Adoption of Connected Devices -...

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Integration of the Blockchain is a Game Changer in the Cloud Computing Sector – FX Empire

Posted: at 8:14 am

Blockchain Technology in Cloud Computing

Blockchain technology is a novel data storage created for Bitcoin, a digital currency. Blockchain technology differs from traditional databases in that it is decentralized. There is no central database, as there would be in a traditional database. Instead, the data is kept on a network of nodes.

The majority must approve any modifications to the data of nodes, and blockchain technology is extremely safe. Theres also no single point of failure because if one node goes down, it doesnt impact the rest.

Blockchain technology is utilized in cloud computing, allowing users to outsource their computing needs. The Blockchain can alter how we do cloud computing because of its decentralized nature. Hence users access the Internet and compute peer-to-peer without relying on servers or other infrastructure.

Its also beneficial for cloud storage because it helps to keep data secure and tamper-proof. Companies may trust that their data is safe and secure. Cloud Computing became a necessity during the Covid-19 pandemic due to social distancing and working from home.

With its emphasis on decentralization, transparency, and security, Blockchain has become a highly significant and innovative technology for cloud storage in the current era of decentralized clouds.

Blockchain and IoT are already being used in many industries. This is referred to as BCoT in Cloud of Things. Its being investigated as a potentially massive field for various industrial applications. Because the standard CoT infrastructures are based on centralized communication methods, they encounter problems of ineffectiveness.

The second major issue is that most current CoT systems must rely on any third party for trust. The network structures challenge is the last one: it raises communication latency. It necessitates greater power consumption for IoT devices due to significant data transmission, making large-scale CoT installations in practice difficult.

In light of the difficulties CoT is facing and the characteristics of Blockchain, integrating blockchain functions with CoT appears to be a good idea to overcome CoTs drawbacks.

One thing that many of the options presented as alternatives to conventional cloud computing solutions have in common: their choice to operate using a decentralized or peer-to-peer architecture. Cudos, Ankr, StorX Network and Akash are just a few of the most well-known decentralized cloud computing systems.

Cudos took a huge gamble when using an innovative architecture that approaches interoperability and security. The platforms consensus is achieved using the Byzantine Fault Tolerant Proof of Staking (DPoS) algorithm and Tendermint core. This creates a hybrid system that eliminates scalability issues while retaining high decentralization and security.

Ankr has a secure ecosystem that offers cloud computing resources to connect to web3 and use blockchain node hosting services. This solution now provides developing and staking capabilities for nearly 40 blockchain protocols. Cosmos, Polkadot, Bitcoin, Compound, Elrond, and other platforms are supported.

Akash Network is working on a Supercloud in which anybody with a computer can operate as a cloud services provider. To improve scalability and provide inherent interoperability, Akash uses Tendermint and Cosmos SDK. There is also the benefit of reduced transaction costs and compatibility with all cloud-based applications.

StorX Network is a cloud storage platform that uses blockchain technology to guarantee safe and transparent storage. Its a peer-to-peer decentralized Storage Network. The XinFin Blockchain Network powers it as Distributed Cloud Storage. The StorX Network Mainnet is based on the XRC-20 utility token, which runs the StorX Network data storage marketplace.

Its no surprise that cloud computing has permeated all business processes and operations. Cloud computing is fundamental to everything from watching Netflix to daily email communications. Blockchain applications, alone or in combination with other technologies, provide a plethora of benefits.

When cloud computing is integrated with blockchain technology, the main problem, security, and privacy, get addressed. Blockchain also aids in providing more transparency by creating a decentralized and distributed trust model.

Data deletion from one computer does not erase data stored on other devices on a blockchain network. As a result, there is no danger of data loss or alteration. Data on a blockchain is irremovable. It allows for clear documentation of data usage, including where, when, and how it is being used and by whom.

Blockchains are governed by codes, eliminating the need for third-party rules, making them a more secure alternative.

Blockchain is changing industries for the better, including healthcare, agriculture, finance, banking, and more. Cloud has become so essential to todays business environment that its excessive dependency and associated dangers can be hazardous. The clouds security, compliance, and centralized architecture might be a significant business risk.

However, Blockchain has a significant impact on storage, transactions, and business processes. As a result, combining Blockchain with the cloud to get more security and decentralization while getting better authorization, privacy, and efficiency is the way forward.

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The essential role of AI in cloud technology – Techradar

Posted: at 8:14 am

As multiple industries shift more into the world of cloud computing, talks of Artificial Intelligence (AI) integration in order to enhance cloud performance has continued at a dramatic pace. Combining both AI and cloud technology together, is beneficial to varying degrees, nevertheless, there is still some further progress to be made across the substantial challenges that technical developers are facing for a more cohesive integration.

About the author

Robert Belgrave is Chief Executive Officer at Pax8 UK.

Cloud computing alone allows companies to be more flexible whilst simultaneously providing economic value when hosting data and applications on the cloud. AI-powered analytical data insights plays an essential role in its enhanced capabilities in data management However, it begs the question, can AI and cloud unification streamline data efficiently and what other benefits can arise from this integration?

Due to the financial and personal sensitivity in which organizations carry, thoughts also turn to the important question of integration effectiveness and more specifically how well it can protect privacy whilst companies are continually at risk of a potentially serious cybersecurity breach, especially because an increased rate of workforces are now working from home remotely. What many fail to realize, however, is that the cloud itself has incredibly secure security measures which block malicious web traffic through its extensive cloud firewall. An AI system substantially heightens this protection - detecting fraudulent activity based on its analytics, and anticipating multiple attacks before they even occur. In other words - having both AI and cloud technology is akin to having the ultimate super-team protection during online activity.

As increasingly more enterprises choose to invest in cloud technology, there has been a noticeable difference throughout company structures, where workflow has become more streamlined. It is clear that cloud computing as a whole, offers more agility by having all information readily available online. Data can be shared instantly between multiple devices, among various people within a company, reaching employees both across the office, and in different continents. AI offers a whole new layer to optimizing work systems, and data analysis through formed patterns, providing solutions for better quality of service for customers.

This optimization is essential due to the amount of data that the cloud possesses. Focusing on workflow enhancements in particular through this integration process improves productivity and mitigates errors in data processes. The cloud holds company information, plus the data from each employee, and with new information coming in each day, it is important to be able to command it in the most flexible and agile way that drives the digital transformation of the organization as whole.

In this current digital age, AI has the potential to impact businesses across multiple sectors substantially. When considering all of the techniques of AI utilities, it is estimated that between $3.5 trillion and $5.8 trillion could be generated annually across 19 countries, simply by integrating AI into their online workspaces. It has been predicted that cloud computing could be able to self-manage once the AI technology advances and becomes substantially more sophisticated. This means that the system would be able to monitor and manage any issues that arise and fix the issues itself, which would in turn, allow technical developers to focus their attention on the bigger picture of the strategic value of the company rather than simple system repairs. This results in a unique and powerful combination that companies can use to their advantage.

Lowering costs is a feat that every business around the globe is trying to achieve, and with cloud technology and AI integration, it can become reality. These automated solutions simplify tasks immensely, eradicating the need for manned data centers within organizations. Costs are also cut in research and development, as the AI/cloud integration can do those tasks at no additional cost.

While the cost-effective benefits of merging AI with cloud technology has many companies smiling, it calls into question the ethics behind employee security. Previously, there have been utterances of AI replacing a human workforce which has continually dispelled over time. Nonetheless, it does not stop workers from being concerned that AI could begin to play a larger role in a company than they do in the future.

With optimization on the tip of enterprises tongue, and a lessened need for workers in positions that operating systems can do better, fasting and with fewer errors, concerns are justified. It is the role of employers to assure their employees that these systems are there to work alongside them to increase work efficiency and to understand that its not there to replace human ability, but to augment it.

There are also concerns regarding the importance of privacy of AI/Cloud systems. As previously stated, it is a wonderful tool to secure online systems to prevent fraudulent activity - but can it be too secure? Some of the data analysis can result in false positives, accusing consumers incorrectly and inconveniencing them by the same system designed to help them. Errors like these show that human monitors are still required to ensure cases like these are few, and are able to correct these mistakes when they do occur.

Cloud technology and AI evolving simultaneously can completely change the way people communicate and interact with technology on the whole. While yes, there are varying concerns regarding how much value AI can truly deliver if there isnt sufficient quality data available. However, when adequate data is on hand, the integration of these advanced technologies can reduce the complexity of system processes, and aid us all with the understanding to take better courses of action.

Having technology that creates innovative ideas in order to improve upon the market, not only benefits the enterprises utilizing the tech, but also the consumers who may rely on the result of these ideas. AI and cloud technology are being utilized at an ever increasing rate, and they are propelling the wider use of tech within society to new heights, and it is not expected to slow down any time soon.

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How is Cloud Computing Changing the Logistics Industry? – Analytics Insight

Posted: at 8:14 am

Here is how cloud computing is changing dynamics in the logistics industry

Cloud computing is among the most crucial technological advances of our era. Its incredible to be able to store and access data from anywhere in the globe using any system. Many wouldnt have believed you if you told them about it a few years ago because its such a novel notion. Technology, on the other hand, has made it a reality, and it has spawned a slew of new industries. Logistics management is one of these sectors, which allows people to manage their assets. This is a problem that must be addressed because it has the potential to halt the spread of this incredible technology. In this article, you will learn about how cloud technology is changing the logistics industry.

There used to be a lot of distinct factors that needed to be handled independently, which was a time-consuming procedure. Logistics and supply chain management may become very difficult, very quickly, and if you cant keep up, youll find yourself in a lot of trouble. You have a never-ending list of items to manage, such as receipts, stock, shipping, and so on. Cloud computing, on the other hand, has single-handedly transformed everything by providing unrivaled integration, bringing everything else onto a single system.

When supply chain management is constrained by arbitrary political and territorial borders, it cannot achieve its full potential. Cloud-based technologies, on the other hand, address this issue, making it relatively simple to expand ones business beyond ones own boundaries. Cloud computing has managed to incorporate everything so closely that even a fulfillment warehouse in the United Kingdom can easily handle assets in a country on another continent, such as Australia. Because of cloud computings capacity to work without regard for geographical boundaries, the globe has become a more linked place.

Most governments throughout the world are taking every precaution to guarantee that cloud-based platforms are appropriately regulated. Because of these factors, cloud computing is more reliable than any other data management and storage method. Furthermore, the information is not stored in a single location, which protects against data loss due to ransomware or hacker attacks. When compared to traditional logistical methods, knowing that your data cant be entirely wiped gives you peace of mind.

Whether youre dealing with little quantities or millions of dollars worth of products, cloud computing can ramp up and down to meet your needs. No other choice provides us with this level of control over our businesss scalability, and cloud computing has a stranglehold in this sector. Because both of these aspects generally go hand-in-hand, this works nicely with the development aspect.

If youve not already made the switch, you may be surprised to learn that the cloud is much less expensive than traditional options. Despite its youth, its clear to see why the cloud is so inexpensive. Because the amount of work necessary to execute a single activity is little, the expenses are low. Operational costs make up a large portion of every logistics companys expense and lowering them reduces all other expenses as well.

Cloud computing, contrary to popular assumptions, is incredibly straightforward to integrate because it is so easy to master. If you like, you can manage all of the processes from a single interface, and with a little work, you can grasp the front end. This means you wont have to entirely retrain your current staff; instead, youll be able to reskill them in a short amount of time.

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Microsoft has hired an Apple Chip Architect to work on a new Server Chip to power Azure cloud computing services+ – Patently Apple

Posted: at 8:14 am

Microsoft has hired one of Apple's chip engineers to design its own custom server chips. Mike Filippo, who only worked at Apple for 2.9 years had worked at arm for a decade, at Intel for five years and AMD for 8 years. The report characterizing Filippo as a Key Apple engineer would seem a little hyped.

(Click on image to Enlarge)

Microsoft is working on in-house processors for the servers running its cloud-computing services and Surface line of personal computers.

The cloud computing heavy-weight relies heavily on Intel and Advanced Micro Devices Inc to supply chips for its Azure cloud computing services as well as Surface PCs.

The move to hire Filippo implies that Microsoft is accelerating a push to create homegrown chips for its servers powering Azure cloud computing services, the report added.For more, read the full Reuters and/or BNN Bloomberg reports.

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AMD Highlights Growing Cloud Momentum with New Amazon EC2 Instances for HPC – HPCwire

Posted: at 8:14 am

According to AWS,Amazon EC2 Hpc6a instances deliver up to 65 percent better price-performance compared to similar Amazon EC2 instances. Hpc6a will help customers run their most compute-intensive HPC workloads like genomics, computational fluid dynamics, weather forecasting, financial risk modeling, EDA for semiconductor design, computer-aided engineering, and seismic imaging.

Throughout the HPC industry, there has been a growing preference for AMD as showcased by AMD EPYC processors powering 73 supercomputers on the latest Top500 listand holding70 HPC world records1. The new Hpc6a instances bring the leadership performance and capabilities of3rdGen AMD EPYC processorsto compute-optimized Amazon EC2 instances used for highly complex HPC workloads.

Our processors power all levels of HPC, from exascale systems in research laboratories to flexible HPC cloud computing instances like the new Amazon EC2 Hpc6a instances. AMD EPYC processors provide a powerful solution for Amazon EC2 customers that need access to impressive HPC performance and cloud scalability for their workloads, said Dan McNamara, senior vice president and general manager, Server Business, AMD. Our work with AWS exemplifies our commitment to powering cutting edge technology in the HPC industry and helping customers find answers to the worlds most pressing questions.

Amazon EC2 Hpc6a instances, powered by 3rdGen AMD EPYC processors, allow organizations the flexibility to run HPC workloads requiring an abundance of compute power, fast memory and storage, and high levels of inter-instance communication without the upfront cost of building and maintaining HPC infrastructure on-premises, said David Brown, vice president, Amazon EC2, AWS. Were excited to continue our collaboration with AMD and add another crucial AMD EPYC instance to the Amazon EC2 portfolio.

The instances powered by 3rdGen AMD EPYC processors are available today in US East (Ohio) and AWS GovCloud (US-West), with availability in additional AWS Regions planned soon. AWS customers can visit theAmazon EC2 Hpc6a instancespage to get started.

About AMD

For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies the building blocks for gaming, immersive platforms and the datacenter. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD website or blog.

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Latest Study explores the Cloud Computing Technologies Market Witness Highest Growth in near future – Northwest Diamond Notes

Posted: at 8:14 am

The research report on Cloud Computing Technologies market is meticulously compiled to assist the clients in gaining insights and unbiased opinions germane to the growth trajectory of this business sphere during 2021-2027. The analysis leverages historic records and latest industry-validated data pertaining to the primary growth stimulants, profitable prospects, challenges, restraints and other qualitative & quantitative information, in order to provide accurate forecasts for the market and its sub-markets over the analysis timeframe.

Proceeding further, the business intelligence report incorporates segmentation studies including product and application categories, and country-level analysis of the top geographies. Moving to the competitive scenario, product and service offering of the prominent organizations along with business strategies employed by them to maintain a strong hold in this marketplace are reviewed thoroughly.

Additionally, the study hosts a section dedicated to discussing the long term as well as immediate effects of the COVID-19 pandemic to assist stakeholders in formulating robust action plans with high profit potential for the forthcoming years.

Request Sample Copy of this Report @ https://www.nwdiamondnotes.com/request-sample/129827

Key highlights from the TOC:

Product terrain

Application scope

Regional outlook

Competitive landscape

In conclusion, the study on Cloud Computing Technologies market has been put together by individually assessing the various market segments. Moreover, the research literature explicates the entire industry supply chain with regards to the top distributors and upstream & downstream, to assist upcoming businesses in effectual product development and rollout.

Market segmentation

The Cloud Computing Technologies market is split by Type and by Application. For the period 2021-2027, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Research Objective:

Why to Select This Report:

Key questions answered in the report:

MAJOR TOC OF THE REPORT:

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Future Growth: Growing Shift of Businesses Towards Modernizing & Revolutionizing their Processes to Foster the Growth of the Global Cognitive…

Posted: at 8:14 am

New York, USA, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Research Dive states that the global cognitive cloud computing market is estimated to garner a revenue of $108,788.7 million by 2027, and rise at a CAGR of 31.3% in the forecast period from 2020 to 2027. The all-inclusive report on cognitive cloud computing market provides a brief summary of the current market scenario along with the key aspects of the industry, such as significant growth and restraining factors, challenges, and multiple growth opportunities. Besides, the report provides all the estimations of the market, making it easier and helpful for the novel participants to better understand the global market.

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Cognitive Cloud Computing Market Dynamics

Analysts at Research Dive states that the gradual shift of businesses across the globe towards modernizing their processes and the increasing utilization of artificial intelligence (AI) tools in cognitive cloud computing models are the major factors anticipated to propel the growth of the global cognitive cloud computing market. In addition, the increasing implementation of cognitive cloud computing models in OTT sector is another factor predicted to boost the global market growth by 2028. Moreover, the increasing adoption of innovative tools and emerging technologies are projected to open up massive growth opportunities for the global cognitive cloud computing market in the coming years. Conversely, the high costs associated with the implementation of cognitive cloud computing platforms may restrict the market growth in the forecast period.

Impact of COVID-19 on the Cognitive Cloud Computing Market

The outbreak of COVID-19 has favorably impacted the global cognitive cloud computing market growth during the pandemic period. The positive growth of the market is majorly owing to the growing importance of NPL (natural language processing) technique in the healthcare as well as pharmaceutical organizations in order to support scientists and healthcare professionals during the pandemic. Being an automated process, NPL technique allow clinicians to efficiently monitor and manage patient population by finding coronavirus related symptoms in real time. Thus, the rising demand for NLP is directly impacting the demand for cognitive cloud computing method in healthcare systems.

Check out How COVID-19 impacts the Global Cognitive Cloud Computing Market: https://www.researchdive.com/connect-to-analyst/2800

Natural Language Processing Sub-segment to Witness Significant Growth

Based on technology, the natural language processing sub-segment accounted for the majority of market share in 2019 and is predicted to grow at a CAGR of 32.2% during the analysis period. This sub-segment growth of the global cognitive cloud computing market is mainly owing to the increasing utilization of NLP along with cognitive computing technologies in industry verticals of almost all sizes as it enables the computers to efficiently communicate with humans in real time.

Large Enterprises Sub-segment to Witness Lucrative Growth

Based on enterprise size, the large enterprises sub-segment is expected to surpass a revenue of $73,711.1 million by 2027 and is predicted to observe lucrative growth during the analysis period. This is majorly owing to the increasing usage of cognitive computing techniques in the large enterprises mainly because it helps employees in dealing with complex decision making.

Access Varied Market Reports Bearing Extensive Analysis of the Market Situation, Updated With The Impact of COVID-19: https://www.researchdive.com/covid-19-insights

Healthcare Sub-segment to be Most Dominant

Based on industry vertical, the healthcare sub-segment is predicted to hold the largest market share and rise at a CAGR of 32.5% over the forecast period. This sub-segment growth of the global cognitive cloud computing market is mainly because cognitive computing technologies are widely utilized in the healthcare sector for assisting healthcare professionals in improved and better treatment of diseases.

North America Region to Create Massive Growth Opportunities

By region, the North America cognitive cloud computing market valued for $3,849.9 million in 2019 and is expected to dominate in the global industry during the analysis period. This is majorly due to the presence of technically progressive economies, such as the U.S. and Canada. Besides, U.S. is the major revolution hub for the numerous upcoming technologies. Moreover, most organizations are adopting novel technologies to revolutionize and modernize their business activities, which is predicted to drive the regional market growth by 2027.

Check out all Information and communication technology & media Industry Reports: https://www.researchdive.com/information-and-communication-technology-and-media

Prominent Cognitive Cloud Computing Market Players

The report presents several aspects of these major players such as strategic moves and business & financial performance of key players, latest developments, SWOT analysis, and product portfolio. Some of the key players of the global cognitive cloud computing market are:

Nuance Communications, Inc. SparkCognition Numenta Cisco Microsoft SAP CognitiveScale Hewlett Packard Enterprise Development LP EXPERT.AI IBM

These players are executing several strategies to gain a dominant position in the global industry.

For instance, in July 2020, SparkCognition, the leading industrial AI company, entered into a collaboration with a data science solutions company, Cendana Digital, to expand the global presence of SparkCognition to bring advanced AI solutions to the Malaysias oil & gas market.

The report consists of various facets of all the vital players that are operative in the market such as financial performance, product portfolio, present strategic moves, major developments and SWOT.Click Here to Get Absolute Top Companies Development Strategies Summary Report.

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Gaming Simulator Market: https://www.researchdive.com/covid-19-insights/210/global-gaming-simulator-market

Enterprise Data Management Market: https://www.researchdive.com/167/enterprise-data-management-market

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Future Growth: Growing Shift of Businesses Towards Modernizing & Revolutionizing their Processes to Foster the Growth of the Global Cognitive...

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