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Category Archives: Cloud Computing
Cloud and SaaS Security: Mind the Gap – MSSP Alert
Posted: January 17, 2022 at 8:14 am
by Netsurion Jan 14, 2022
Software-as-a-Service (SaaS) applications and infrastructure providers like AWS and Microsoft Azure have become the norm for organizations large and small. Enhancing cloud security maturity is even more critical given the proliferation of cloud workloads and a chronic shortage of cloud expertise. Instead of achieving the desired digital transformation and cloud optimization, organizations that ignore cloud cybersecurity gaps or underinvest can do more harm than good. Service providers are well-positioned to capitalize on cloud computing and cybersecurity growth as trusted advisors to business decision makers.
Author: Paula Rhea, CISSP, product marketing manager, Netsurion
This article walks through cloud responsibilities, the benefits of comprehensive attack surface protection, cloud security considerations, and how Managed Security Service Providers (MSSPs) can capitalize on this cloud security opportunity.
Cloud adoption has gone mainstream, with almost 95% of businesses using the cloud today. Top drivers for cloud use include:
Additional cloud workloads and apps mean sensitive data like Personal Health Information (PHI) and credit card numbers are even more widely dispersed. Organizations need to apply the same rigorous cybersecurity controls, compliance, and threat detection used for on-premises resources to cloud infrastructure. Still, there is often uncertainty regarding cloud security roles and responsibilities, and where to begin.
Customers may erroneously believe that their MSSP is responsible for virtually all aspects of IT and network infrastructure and security. Protecting cloud workloads and SaaS applications is a shared responsibility with MSSPs, end customers, and cloud infrastructure providers like AWS. According to the Center for Internet Security, a SaaS provider is solely responsible for host infrastructure, physical security, and network controls. On the other hand, service providers and customers share responsibility for areas such as application-level controls, Identity and Access Management (IAM), and endpoint protection. While its a shared responsibility, the end customer ultimately retains full responsibility for protecting their data and managing the risk.
Businesses arent the only ones to capitalize on public cloud and pervasive SaaS applications. Cyber criminals have quickly embraced the cloud and know how to exploit cloud and SaaS technology, looking for easy targets like misconfigurations on public-facing websites that are straightforward to attack and monetize.
Organizations use hundreds of operational tools to manage on-premises and cloud-based workloads and SaaS applications. This fragmented approach creates data siloes and blind spots that can impact security and operational effectiveness. Without end-to-end visibility and control, detecting and remediating threats wherever they reside can take longer and give cyber criminals a foothold into your infrastructure. A holistic approach to security analytics can also overcome another common data challenge: filtering out false positives to get to actionable insights that matter to each organization.
Augment your traditional technologies like anti-virus and help desk support to assess how cloud security can strengthen customer engagement organizations focused on improving cybersecurity maturity. These businesses understand that financially motivated cyber criminals will exploit security gaps, whether on-premises or in the cloud or a hybrid approach.
Look for cloud security solutions that:
The threat landscape has evolved. Investment in cloud security capabilities helps future proof your portfolio and prepare you for emerging areas of customer spend.
As you help organizations embark on or expand their cloud journey, its crucial to outline cloud security gaps and how to mitigate them as their trusted advisor. Gartner projects cloud spending growth of 23%. So protecting cloud workloads and SaaS applications demands the same oversight and resources as on-premises assets, albeit with the challenges surrounding a shortage of cybersecurity and cloud experts. To streamline vendor and portfolio complexity, you now have access to comprehensive attack surface coverage for endpoints, data centers, and cloud workloads. Learn more about Netsurions Managed Threat Protection with cloud coverage across infrastructure providers such as AWS and Microsoft Azure along with out-of-the-box support for hundreds of SaaS applications.
Author Paula Rhea, CISSP, is product marketing manager,Netsurion, which develops theManaged Threat Protection platformfor MSSP and MSP partners. Read more Netsurion guest blogshere. Regularly contributedguest blogsare part of MSSP Alertssponsorship program.
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Quantum Computing Market 2022 Future Trends, Emerging Technologies, Global Regions with Industry Share Analysis, Impact of COVID-19, Gross Margin,…
Posted: at 8:14 am
Quantum Computing marketreport contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Quantum Computingmarketby region.
The market is relied upon to observe a CAGR of 34% during the conjecture time frame (2018-2023), achieving a size of USD 2.82 billion.
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Global Quantum Computing Market: By Application (Optimization, Machine Learning, Simulation and Others), By Product Type (Hardware, Software, and Services) and By Vertical (Aerospace & Defense, BFSI, Energy & Power, Healthcare, Information Technology & Telecommunication, Transportation, and Others) and Region Forecast Till 2023
According to Statista, as of 2022 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2030. In todays society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.
This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).
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Market analysis
A powerful development is anticipated for the global quantum processing market throughout the following couple of years. The market is relied upon to observe a CAGR of 34% during the conjecture time frame (2018-2023), achieving a size of USD 2.82 billion. 2018 was a development year for the market, as organizations from the BFSI division indicated enormous enthusiasm for quantum registering and the pattern is probably going to proceed in 2019 and past. Also, the open division presents a critical development open door for the market. In the anticipated years, the application opportunities for quantum registering is relied upon to extend further, which may prompt a higher business enthusiasm for the innovation. Most market players has a dynamic association in utilizing forceful development procedures. Sellers contend on value, quality and post-retail benefits. Accentuation is being put on cost-effectiveness and item advancement so as to guarantee long haul maintainability.
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Market segmentation
The global quantum processing market is segmented on the basis of its application, vertical, product type and regional demand. Based on its Application, the market is segmented into Machine Learning, Optimization, Simulation and Others. Based on its Vertical, the global quantum processing market is bifurcated into BFSI, Aerospace & Defense, Energy & Power, Healthcare, Transportation, Information Technology (IT) & Telecommunication, and Others. On the basis of its Product Type, the global quantum processing market is divided into Software, Hardware, and Services.
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Regional analysis
Geographically, the global quantum processing market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
IBM Corporation, D-Wave Systems Inc., QxBranch, Inc., QRA Corp, Google and QC Ware Corp, Atos SE, Intel Corporation, Cambridge Quantum Computing Ltd., Rigetti & Co, Inc., among others are some of the major players in the global quantum processing market.
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What is the goal of the report?
The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyzes the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
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The Worldwide Partner Relationship Management Industry is Expected to Reach $180 Billion by 2028 – ResearchAndMarkets.com – Yahoo Finance
Posted: at 8:14 am
DUBLIN, January 17, 2022--(BUSINESS WIRE)--The "Global Partner Relationship Management Market Size, Share & Trends Analysis Report by Component, by Service (Managed Service, Training & Consultation), by Deployment Type, by Organization Size, by Application, by Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global partner relationship management market size is expected to reach USD 180.01 billion by 2028, registering a CAGR of 16.2%, from 2021 to 2028.
Companies Mentioned
ALLBOUND INC.
Channeltivity
Oracle Corporation
Impartner Inc.
Salesforce.com Inc.
Logicbay Corporation
Magentrix Corporation
Zinfi Technologies Inc.
Zift Solutions Inc.
Mindmatrix Inc.
The need to control the functional relationship between external partner channels and organizations and emphasis on reducing channel management costs and enhancing partner communication are the major factors supporting the overall market growth.
Several enterprises are anxious about the initial maintenance and implementation costs. These enterprises also prefer to present data on-premises. Moreover, issues with downtime and staff expenses are some of the concerns faced by organizations. To reduce expenses and downtime, these enterprises prefer adopting Partner Relationship Management (PRM) solutions. To reduce enterprise costs, many organizations are shifting toward digital transformation and the adoption of cloud services. Increased Return on Investments (ROI) with less storage and infrastructure costs are expected to further drive the market growth over the forecast period.
Increasing internet penetration and cloud computing service in various countries such as China, the U.S., and the U.K. are expected to generate lucrative growth opportunities by supporting organizations in adopting technological innovations in their systems. For instance, according to the data published by World Bank, internet users in the U.S. have increased from 87.27% of the total population in 2017 to 88.49% in 2018. Similarly, in China, 54.3% of the country's total population used the internet in 2017.
Story continues
The outbreak of the COVID-19 pandemic has adversely impacted the market growth. The lockdown restrictions imposed by various governments have directed various organizations in the IT & telecom industry to adopt work from home. This has led to a significant decline in the adoption of partner relationship management services. However, with the economic revival and leniency in the lockdown restrictions, the market is expected to witness significant growth over the forecast period.
The prominent players that dominated the market for partner relationship management in 2020 include Oracle Corporation; Salesforce.com Inc.; Allbound Inc.; Zinfi Technologies Inc.; and Mindmatrix Inc. These players majorly focus on new product and service launches to enhance their business operations. In March 2020, Allbound introduced a new integration solution for HubSpot. The solution can mechanically integrate opportunities and contacts from partner referrals from Allbound and sync data.
Partner Relationship Management Market Report Highlights
The training and consultation segment is expected to dominate the PRM market due to a surge in the adoption of consulting services globally. The segment is expected to reach USD 35.38 billion by 2028
The service segment is anticipated to register the highest CAGR of 17.3% over the forecast period
The cloud deployment segment led the market and the trend is expected to continue over the forecast period. The cloud segment is anticipated to reach USD 93.71 billion by 2028
The IT and telecom segment is anticipated to register the highest CAGR of 19.1% over the forecast period. The growth can be attributed to increasing demand for technological innovations in various sectors namely BFSI, and telecom
North America is projected to account for the majority share of the market over the forecast period. The region is anticipated to reach USD 68.3 billion by 2028. The rapid adoption of technological innovations and the presence of various prominent players in the region are some of the major drivers of the market growth in this region
Some of the prominent industry participants include Salesforce.com, Inc.; Allbound Inc.; Channeltivity; and Zinfi Technologies Inc.
Key Topics Covered:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Partner Relationship Management Market Variables, Trends, and Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. Business Environment Analysis Tools
3.4.1. Industry Analysis - Porter's Five Forces Analysis
3.4.2. PEST Analysis
3.5. Company Market Share Analysis, 2020
Chapter 4. Partner Relationship Management Market: Component Outlook
Chapter 5. Partner Relationship Management Market: Service Outlook
Chapter 6. Partner Relationship Management Market: Deployment Type Outlook
Chapter 7. Partner Relationship Management Market: Organization Size Outlook
Chapter 8. Partner Relationship Management Market: Application Outlook
Chapter 9. Partner Relationship Management Market: Regional Outlook
Chapter 10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/g8z74z
View source version on businesswire.com: https://www.businesswire.com/news/home/20220117005246/en/
Contacts
ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900
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5 Edge Computing Stocks That Could Win The 2020s – Investment U
Posted: at 8:14 am
Cloud computing dominated most of the past decade. Accordingly, major cloud computing stocks like Amazon, Microsoft and Google enjoyed impressive returns. Looking forward, edge computing stocks could be poised to dominate the 2020s.
If youre not familiar, edge computing is a new type of internet architecture. In the 2010s, cloud computing was the most popular internet architecture. Cloud computing involves storing data in the cloud. This cloud mainly lives on huge data hubs. However, over the past decade, the amount of data that we create has risen exponentially. Routing all of this information to one central hub is getting increasingly inefficient.
Edge computing has emerged as a more efficient internet architecture. It works by moving information out of the cloud and closer to the end-user.
To get an idea of how edge computing works, lets examine a company like Walmart. Walmart processes billions of pieces of information each day. Each Walmart location experiences tens of thousands of transactions every day. Walmart can use this data to get better insight into its business. For example, it can help Walmarts management understand who is buying which products and when. Walmart can then leverage this data to run specific marketing campaigns or redesign its stores.
Lets say that Walmart uses a cloud computing system to help process all of this data. Data from thousands of Walmart locations is routed to just a handful of data centers. This process takes time, can overwhelm the network, and lead to congestion.
A more efficient method is for Walmart to use a localized data center at each Walmart location. Each localized data center would process data from that specific store. Once actionable insights are pulled from the data then they can be sent to Walmarts main data hub. This allows Walmart to process information much more quickly.
Edge computing is a driving force behind technologies like self-driving cars, IoT and artificial intelligence. With that said, lets take a look at how you can invest in this rapidly growing industry.
Here are five of the best edge computing stocks to buy.
NOTE: Im not a financial advisor and am just offering my own research and commentary. Please do your own due diligence before making any investment decisions.
Nvidia used to be primarily a gaming-card vendor. In recent years, it has transitioned to a leader in artificial intelligence. It has dozens of different business lines for both software and hardware. This includes a range of solutions for edge computing.
Nvidia is considered one of the most versatile edge computing stocks. This is because it sells both hardware and software. In this sense, it operates a little bit like Apple. Apple sells iPhones (hardware) but also owns the App Store (software) where people download apps.
Nvidias edge computing solutions are part of its EGX Platform. This suite of tools offers hardware thats capable of speech recognition, business forecast, and immersive graphical experiences. In addition to this hardware, Nvidia also offers Nvidia AI Enterprise. This suite can be used for rapid deployment, management, and scaling of AI workloads.
In general, there are countless applications of edge computing technology. However, Nvidia outlines five specific use cases on its website. These use cases are for retail, manufacturing, healthcare, telecommunications, and smart cities. To help boost its solutions, Nvidia recently acquired Bright Computing.
In FY 2021, Nvidia reported annual revenue of $16.68 billion. It also reported a net income of $4.33 billion. Nvidias stock was up approximately 98% during 2021. It is also up about 936% over the past five years.
IBM anticipates that edge computing will become a huge market. Right now, only 10% of enterprise data is processed at the edge. By 2025, IBM estimates that this number will jump to 75%. This could be part of the reason that IBM is spinning off its legacy business. This move will allow IBM to focus on more cutting-edge technologies. One area of focus? Edge computing, benefiting edge computing stocks.
IBM plans to split into two companies. The new business, Kyndryl, will take over IBMs infrastructure services business. IBM, on the other hand, will be free to focus on its hybrid cloud platform and artificial intelligence. From an investor perspective, this could help paint IBM in a new light. Its similar to Fords transition to electric vehicles. Ford has recently put its full weight behind developing EVs. This has caused investors to see the stock more favorably. In 2021, Ford stock rose 150%. IBM could go through a similar turnaround post spinoff. However, it will probably take several months, if not years to work through the kinks.
In 2020, IMB reported annual revenue of $73.62 billion. It also reported a net income of $5.59 billion. IBMs stock was up approximately 11% during 2021. However, it is down 15% over the past five years.
Fastly is one of the best pure-play edge computing stocks. I say this because companies like IBM and Nvidia have dozens of other business lines. Granted, they make money from edge computing. However, this revenue stream is just small slice of their total income. On the other hand, Fastlys entire business is edge computing. In fact, its mission is to provide developers with a secure and programmable edge computing platform.
So far, Fastly is still working towards becoming profitable. However, it has done incredibly well in expanding its enterprise client base. From 2018 to 2020, Fastly added 97 new enterprise clients. During this time, the average spend per client also increased from $536,000 to $782,000. Fastly is increasing both its quantity of clients as well as the average client spend. Enterprise clients are by far the most valuable. So far, Fastly has done a great job in securing them. This could set Fastly up to become very profitable in a hurry.
In 2020, Fastly reported $290.87 million in revenue. It also reported a net loss of $95.93 million. Fastlys stock was down approximately 62% in 2021. However, it is up 33% over the past five years.
Just like Fastly, Cloudflare is one of the best pure-play edge computing stocks. Its mission statement is to help build a better internet. It claims that the modern internet was not built for what it has become. Cloudflare wants to be the foundation that new applications and infrastructure are built on.
Cloudflare has also done an excellent job prioritizing bigger clients. From 2019-2021, its number of large customers has grown from 451 to 1,260. This is a compounded annual growth rate of 67%. Cloudflare defines large customers as those that spend over $100,000 in annualized revenue.
In 2020, Cloudflare reported annual revenue of $431.06 million. It also reported a net loss of $119.37 million. Cloudflares stock was up 25% during 2021. It is up almost 400% since going public in late 2019.
Usually, its a better idea to invest in industries, not companies. This is especially true in emerging industries. For example, electric vehicles could potentially be the future of transportation. However, in 10 years, which company will be on top? It could be Tesla, Rivian, Lucid, Nio, a legacy automaker, or even a company that doesnt exist yet.
The odds of correctly picking a winning industry are relatively high. However, the odds of picking a winning company are much smaller. Due to this, many investors will buy shares of exchange-traded funds (ETFs).
An exchange-traded fund (ETF) is a fund that owns shares of many different companies. This allows you to get exposure to entire industries without putting all your eggs in one basket. There are two good ETFs when it comes to edge computing stocks. These are the Ark Next Generation Internet ETF and the Evolve Innovation Index Fund.
I hope that youve found this article on the five best edge computing stocks to be valuable! As usual, please base all investment decisions on your own due diligence and risk tolerance.
A University of Miami grad, Teddy studied marketing and finance while also playing four years on the football team. Hes always had a passion for business and used his experience from a few personal projects to become one of the top-rated business writers on Fiverr.com. When hes not hammering words onto paper, you can find him hammering notes on the piano or traveling to some place random.
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5 Edge Computing Stocks That Could Win The 2020s - Investment U
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Bahrain government successfully adopts Cloud First Policy | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN – News of Bahrain- DT News
Posted: at 8:14 am
TDT | Manama
The Daily Tribunewww.newsofbahrain.com
The government has successfully adopted and implemented its Cloud First Policy, Information and eGovernment Authority (iGA) Chief Executive Officer Mohammed Ali Al Qaed announced at a press conference.
He credited the achievement to the vision of the Kingdoms leadership and the directives of the Crown Prince and Prime Minister, His Royal Highness Prince Salman bin Hamad Al Khalifa.
Present in the occasion was the Chief Executive Officer of the National Communication Centre, Yousif Mohammed Albinkhalil, and iGAs Deputy CE of Operations and Governance, Dr Khalid Al Mutawah.
Al Qaed highlighted a string of government achievements during 2021, including the migration of more than 70% of the operations and systems of 72 government entities to the Cloud; the complete migration of 32 public and private entities; and the establishment of four entirely cloud-based government entities, namely: the National Bureau for Revenue (NBR), the National Communications Centre (NCC), the Urban Planning and Development Authority (UPDA), and the Sustainable Energy Authority (SEA).
He noted that work is ongoing on the cloud migration of the General Sports Authority (GSA) and several hospitals and health centres.
Al Qaed shared indicators of the government of Bahrains successful adoption of its Cloud First Policy, including a reduction in the time needed for the technical infrastructure readiness of projects by 60%, and operational expenses by 60 to 80%.
He explained that the Ministry of Educations eLearning project has led to a reduction in costs amounting to BD97,432 or 89%.
Similarly, Al Qaed noted that the Civil Service Bureaus Organizational Performance Project (Takamul) led to an 83% reduction in costs or the equivalent of BD80,235 and the Ministry of Justice, Islamic Affairs and Endowments Digital Archiving project cut costs by approximately 56% or BD82,560.
Al Qaed added that Bahrain, over several years and through hard work, succeeded in creating a robust infrastructure for the Information and Communication Technology (ICT) sector, in addition to ensuring the readiness of the business environment and providing legislation supportive of digital transformation and the deployment of advanced technologies.
These accomplishments led Amazon Web Services (AWS), one of the largest cloud computing service providers in the world, to choose the Kingdom as the location for its first data centres in the region, launched in 2019.
In 2017, the government of Bahrain adopted its Cloud First Policy, as per the decision by the Supreme Committee for Information and Communication Technology (SCICT), chaired by Deputy Prime Minister, His Highness Shaikh Mohammed bin Mubarak Al Khalifa, with the support of the Minister of Interior, Lt Gen Rashid bin Abdullah Al Khalifa, to redirect IT investment towards Cloud computing.
Al Qaed said that the Cloud First Policy aims to encourage the deployment of advanced technologies and systems in the IT sector to enhance the publics quality of life by providing highly efficient services.
Al Qaed, Albinkhalil and Dr Al Mutawah at the press conference
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‘AWS for Web3’ Pocket Network Shakes Up Infrastructure of the Internet – PRNewswire
Posted: at 8:14 am
TAMPA BAY, Fla., Jan. 14, 2022 /PRNewswire/ --Pocket Network an infrastructure middleware protocol which facilitates decentralized cloud computing and abundant bandwidth on full nodes interoperable with DApps across all 21+ blockchains, doubles down on its market-based approach to infrastructure by incentivizing a global community of independent node operators and service providers running 21,000+ nodes adding to the network's resilience. Pocket Network is secured by over $320M worth of network infrastructure distributed globally across 23 countries and reduces the risk of service downtime to near zero for any layer 1 or industry DApps as work is distributed evenly across thousands of full nodes, which also protects end users' privacy.
Pocket Network, who last week closed a strategic round led by Republic Capital, RockTree Capital, Arrington Capital, is undergoing exponential growth as demand for its network measured in API calls or relays jumped to 5.78 Billion relays in December, up 44% From November 2021.
"Pocket is the First Mover, changing the game as core infrastructure for the Web3 revolution" said Omer Ozden, CEO of RockTree Capital "For those that are seeking the next high growth first mover like AWS or Ethereum, you can see transparently on-chain the parabolic growth of actual usage and of actual revenues of the Pocket Network. The metrics have been super impressive and we look forward to the scaling 2022 will bring."
Pocket Network has generated $56m revenue in December up from $29m in November and currently supports over 2000+ DApps run across its network which is integrated with Solana along with Ethereum, Polygon, Avalanche, Binance, Harmony, Gnosis (formerly xDai), Fuse and many more.
"There is increased investment in public, open-source infrastructure through crypto networks that continues to chip away at the dominance of today's providers, reducing them to commodities," said Michael O'Rourke, CEO at Pocket Network "Our attractive economic flywheel model for our network is simple and naturally drives growth - attractive node running incentives adds more nodes which in turn creates more redundancy and better DApp service experience, more DApp usage then generates more node revenue."
Pocket meaningfully encourages and incentivizes niche cloud providers which commercially have been less viable over the last decade with massively well known incumbents dominating the traditional market, and aims to provide Web3 with a much more compatible infrastructure network.
About Pocket Network
Pocket Network, a blockchain data ecosystem for Web3 applications, is a platform built for applications that uses cost-efficient economics to coordinate and distribute data at scale. It enables seamless and secure interactions between blockchains and across applications. With Pocket, the use of blockchains can be simply integrated into web..sites, mobile apps, IoT and more, giving developers the freedom to put blockchain enabled applications into the "pocket" of every mainstream consumer.For more information, visit https://pokt.network.
RockTree Capital,a merchant bank and fund based in China focused on blockchain projects and mobile e-commerce companies, with offices in Beijing, Shanghai, New York and Toronto. RockTree Capital invests into top-tier blockchain projects and accelerates their growth in Asia.https://rocktreecapital.com/
Media Contact: Amykelly Petruzzella, [emailprotected]
SOURCE Pocket Network
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'AWS for Web3' Pocket Network Shakes Up Infrastructure of the Internet - PRNewswire
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Is 2022 the year of clean cloud? – IDG Connect
Posted: at 8:14 am
Last years COP26 saw the worlds leaders come together and make new environmental pledges, but we all know much more is needed to keep the global temperature rise below 1.5C.
Pressure is growing on businesses to step up and play their part, pushing environmental, social and governance (ESG) goals higher up agendas, with a particular focus on working towards net zero carbon emissions.
As the IT industry is a large contributor to carbon emissions data centres and cloud computing account for roughly 3% of the worlds electricity consumption the sector has a key role to play in fighting climate change.
More organisations are examining the environmental impact of their IT operations and looking for ways to lower carbon footprints. For many this has included moving from on prem to the cloud, which reduces the emissions from their own digital applications and infrastructure.
But how much of an environmental impact does this really have when the reality is youre just moving that carbon footprint along the supply chain rather than removing it entirely?
This may be an oversimplification of the issue, as there are many environmental benefits to moving to the cloud, but it does illustrate why many organisations are putting more emphasis on a cloud service providers (CSP) sustainability credentials when choosing who to work with.
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Top Wall Street analysts say these stocks have the best long-term potential – CNBC
Posted: at 8:14 am
Ed Stack, CEO of Dick's Sporting Goods.
David Orrell | CNBC
As the world heads toward another year of the pandemic, investors must adapt to changing macroeconomic forces and trends.
Rising inflation, the Federal Reserve's move to dial back its monetary support, and a workforce that's been disrupted by the current spike in coronavirus cases are all affecting daily price action for stocks.
TipRanks, a financial data aggregation website, gives investors the data they need to navigate the market. Wall Street analysts are highlighting these five stocks, which they believe have staying power.
Take-Two Interactive Software (TTWO) announced on Jan. 10 that it would buy FarmVille creator Zynga for $12.7 billion. The news shook up shares of both companies, with Zynga ending the day up 40% and Take-Two slumping more than 13%. Investors appear split on the deal, but one of Wall Street's top analysts has reiterated his bullish stance. (See Take-Two Interactive Earnings Data on TipRanks)
The analyst is Andrew Uerkwitz of Jefferies, who attributed the sell-off to miscalculations on the appropriateness of Zynga for Take-Two and fears of a possible bidding war for the game developer. However, as far as the merger itself is concerned, Uerkwitz said that simply "no one is doing the math."
Uerkwitz rated the stock a Buy and assigned a price target of $231.
The analyst argued that the recent weakness in TTWO's share price provides for an attractive point of long-term entry for investors.
As far as Take-Two's core business goes, Uerkwitz is optimistic on the company's robust pipeline and the increasing opportunities for mobile gaming led in part by more capable hardware. The fact that "data speeds, screen refresh rates, battery life, [and] chip speeds" are advancing so rapidly, more complex gaming systems can be developed for phones.
Meanwhile, those playing the games are more familiar with using phone platforms than they have ever been before.
On TipRanks, Uerkwitz is rated as No. 189 out of more than 7,000 financial analysts. He has a success rate of 63% when picking stocks and has returned an average of 31.8% on his ratings.
Consumer cyclicals may be radically affected by global supply-side constraints, but the companies mitigating their impacts could be in for considerable upside once they ease out. One of those firms is Dick's Sporting Goods (DKS), which has been managing its inventory well and optimizing its supply chain. (See Dick's Sporting Goods Insider Trading Activity on TipRanks)
Sam Poser of Williams Trading published a report on the stock. He noted that DKS has also been experiencing elevated levels of consumer engagement and has placed a higher priority on maintaining strong vendor relationships with companies like Nike (NKE).
Poser rated the stock a Buy and established a price target of $180.
The analyst also mentioned that Dick's Sporting Goods has been investing "in its people." Moreover, vertically integrated initiatives like curbside pick-up have raised operating margins and brought more convenience to customers.
Thus far, DKS's sales are "off to a good start," driven in part by the company's strategic use of its customer data, according to Poser. In regard to its financial standing, the sporting goods retailer is approaching a possible earnings beat on its fourth-quarter guidance.
TipRanks rates over 7,000 analysts, and Poser currently maintains a spot at No. 145. The analyst's ratings have been correct 54% of the time, and on average, they have netted him a return of 46.2%.
The shift toward digitization is proving to be a boon for companies like Cisco Systems (CSCO).
Ivan Feinseth of Tigress Financial Partners said that Cisco is poised to maintain its "leading position as a global IP-based connectivity and networking equipment provider." The company has benefited from an uptick in enterprise spending on networking infrastructure. (See Cisco Risk Factors on TipRanks)
Feinseth rated the stock a Buy and declared a price target of $73.
The technology firm last fall completed its deal to acquire cloud-analysis platform Epsagon. Feinseth said that the takeover is one of many strategic initiatives which are demonstrating Cisco's commitment to inorganic growth and the strength of its balance sheet.
In the age of increased videoconferencing and all-around necessity for higher networking speeds and capacity, Cisco stands to capitalize. If the company succeeds, its shareholders will, as well. The firm has raised its dividend for a 10th consecutive year, and is expected to do so again in February.
Feinseth sits high in the ranking of over 7,000 analysts on TipRanks, at No. 89. He has been successful 68% of the time when rating stocks and has averaged returns of 18.1% on each.
While many tech companies have their cards in the cloud-computing solutions game, not all are as well positioned to grow in 2022 as Microsoft (MSFT). The tech giant has been making strides in regard to the amount of large deals for its Azure cloud services, as well as for its Office 365 bundle.
Dan Ives of Wedbush Securities published a bullish report on the stock, delineating just how strong Microsoft is looking after going over its December financial checks. He was encouraged by the robust enterprise spending on Azure cloud, and he said that the business will soon be "hitting its next gear of growth." (See Microsoft Hedge Fund Activity on TipRanks)
Ives rated the stock a Buy and assigned a price target of $375.
The technology analyst said that others have been conservative in their perspective on Microsoft's outlook. He said that Wall Street has yet to take into account the reality of remote work trends. Further, the sheer number of enterprise-level deals, up over 50%, is enough for Ives to project higher than his peers have.
Noting that the total addressable market on remote cloud services could be worth up to $1 trillion, Ives sees Microsoft claiming market share gains from established players like AWS (AMZN). Additionally, he wrote that the recent price hike on Office 365 can be considered a possible $5 billion "strategic poker move." Ives believes the company is "on its way to a $3 trillion market cap over the next 12 months."
Ives is rated No. 81 out of over 7,000 professionals on TipRanks. He has seen success 70% of the time, and his ratings have averaged returns of 44.6%.
Alex Henderson of Needham & Co sees cloud-based enterprise and network security company Zscaler (ZS) as a "unique investment vehicle with exceptional long-term value potential."
He said the company has been strengthening its sales capacity and increasing customer conversion rates. (See Zscaler Stock Charts on TipRanks)
The analyst rated the stock a Buy and declared a price target of $418.
Fundamentally, Zscaler is in a highly advantageous position. The company has already been pushing up its sales numbers, operating margin metrics, and is expected to have considerable levels of free cash flow in the long run. Henderson is not concerned by the current wobbling sentiment toward growth stocks, and he is confident that Zscaler could beat the market even with rising interest rates.
As far as advancing its security capabilities, the analyst noted that "ZS is seeing a continuing realization in the C-Suite, CIO, CTO level that the legacy perimeter defense, and Client Server architecture of the last 35-40 years needs to shift to a Cloud Direct Zero Trust design. We see Zscaler as uniquely positioned to deliver this capability."
Heading toward future earnings results, Henderson is anticipating a 5% to 10% beat over Wall Street consensus estimates on average-revenue-per-user growth for the company.
Henderson is rated as No. 42 on a list of over 7,000 financial analysts. His stock ratings have been successful 72% of the time, and they have averaged him returns of 42.3% on each one.
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3 Top Metaverse Stocks I’d Buy Right Now Without Any Hesitation – The Motley Fool
Posted: at 8:14 am
The metaverse seems to be the latest investing megatrend that's caught the attention of investors and the news media. Before you discount this as just another passing fad, ARK Invest founder and respected technology pundit, Cathie Wood, told CNBC in December that the metaverse could be a "multi-trillion dollar opportunity" and that it will impact "every sector in ways that we cannot even imagine right now." For savvy tech investors, this sounds like an opportunity that could be too good to pass up.
We asked three Fool contributors to highlight one metaverse stock they would buy right now without hesitation. They came up with Meta Platforms(NASDAQ:FB), Unity (NYSE:U), and Digital Realty Trust (NYSE:DLR).
Image source: Getty Images.
Danny Vena (Meta Platforms): While the massive potential represented by the metaverse is certainly an appealing idea to investors, they will also want to exercise care. These all-encompassing digital worlds, -- which will combine virtual reality (VR) and augmented reality and other technologies to create places where people can work, play, and shop -- are still largely conceptual, making the prospect of investing in them somewhat risky.
Buying stock in a company that is already successful in another area will help ensure the opportunity cost isn't too high if the metaverse takes years to bring to fruition. Meta Platforms is just such an investment.
The social media company formerly known as Facebook stunned investors last October when it announced it was changing its name to Meta Platforms. The rebrand was meant to reflect the company's growing focus on "bringing the metaverse to life" and to let investors know that it was going "all-in" on the metaverse.CEO Mark Zuckerberg is predicting that more than 1 billion people will access the metaverse over the coming decade.
Meta Platforms has a head start on many of its peers, having already invested heavily in a number of gateway technologies that will eventually lead users directly into the metaverse. The Oculus virtual reality headset controlled more than 50% of the market to close out 2021 -- more than all other rivals combined. The company is also collaborating with Ray-Ban on smart sunglasses, which include built-in headphones and cameras, allowing users to listen to music, make calls, and take photos and videos. Finally, Facebook Reality Labs -- Meta's research and development arm -- has developed haptic gloves that use air pockets to help users "feel" virtual objects, going where no headset has gone before.
Meta Platforms will have all the capital it needs to build out these digital spaces -- and the tools needed to enjoy them -- courtesy of its social media platforms: Facebook, Instagram, WhatsApp, and Messenger. In the third quarter, Meta's revenue grew 35% year over year to $29 billion, even in the face of headwinds resulting from Apple's stricter privacy policies. Meta generated more than $9.1 billion in profits and $9.5 billion in free cash flow.
Deep pockets of that magnitude will provide Meta Platforms with all the means necessary to keep investors happy while simultaneously working to bring the metaverse to life.
Image source: Getty images.
Will Healy (Unity): Unity software bills itself as the "world's leading platform" for developing 3D content in real-time. Its product helps build varied applications within industries such as gaming, automotive, construction, and film and could serve as a key building block within the metaverse. With Brandessence forecasting a compound annual growth rate of 45% in the metaverse, Unity has positioned itself to prosper.
Also, it already plays a critical role in many of its industries. Apps built with Unity receive five billion downloads per month, and this software played a role in developing 50% of all video games and 71% of the top 1,000 mobile games.
Its cinematic features should also improve as the company acquired Weta software in December for $1.65 billion. This may turn into a strategic win for Unity as Weta's graphics were behind such films as the Lord of the Rings trilogy and The Suicide Squad. These tools and this talent should increase the sophistication of the visual effects available to Unity.
Additionally, the financials point to Unity's rising popularity. In the first nine months of 2021, it reported $795 million in revenue, 44% more than the same period in 2020.This growth helped boost the stock for most of 2021. However, investors began selling Unity stock following the Weta acquisition announcement, most likely because of the $1.5 billion in convertible notes sold to fund the deal. Now, Unity stock has fallen by almost 40% since the Weta announcement. At a price-to-sales ratio of 35, it remains significantly more expensive than Roblox, a peer in the gaming market selling for 26 times sales.
Nonetheless, Unity continues to boost its competitive advantage as it benefits from the massive growth in the metaverse. This could help it justify its valuation and bring investors back to the stock over time.
Image source: Getty images.
Brian Withers (Digital Realty Trust): You might think it odd that I've chosen a data center REIT as a metaverse stock, but hang with me. Digital Realty is a "picksand-shovels" play for the metaverse gold rush. A "picks-and-shovels" investment refers to the fact that all but a few of the miners during the California gold rush came up empty. But those vendors who sold tools to these miners made money hand over fist. Rather than betting on which company might "win" in the race to build the metaverse, this data center real estate specialist will win no matter what or how the metaverse comes about.
Digital Realty is a gem for those tech investors who are looking to diversify their portfolio into more conservative dividend plays but can't give up their tech stock habit. (I'll include myself in that group.) The company builds and maintains data centers all over the world and has over 280 data centers in 50 metropolitan areas on six continents. A recent $3.5 billion acquisition of Teraco, the leading data center provider in Africa, adds to this total.
The company gets its revenue from monthly rental fees, utility reimbursements, and fees from interconnection services between its data centers. Revenue topped $1.1 billion in the most recent quarter, an 11% year-over-year gain. Funds from operations, a key metric for REIT, grew a solid 33% to $447 million. The company signed on 140 new customers for the quarter, contributing to its $119 million in new annual bookings, a growth of 34% over the last Q3.
Metric
Q3 FY20
Q3 FY21
YOY Change
Revenue
$1.0 billion
$1.1 billion
11%
Funds from operations
$336 million
$447 million
33%
Signed total bookings
$89 million
$119 million
34%
Source: Company earnings reports.
The company is riding the tailwind of cloud computing but could benefit from additional cloud services creating the metaverse. As virtual worlds and augmented reality become more commonplace, the need for data center space will continue to grow even as individual servers get more powerful.
The company is a dividend lover's dream stock. Since 2005, the company has raised its dividend from $1.00 to $4.64 for 2021, a 10% compound annual growth rate over the period.
Over the past five years, the total return for shareholders has been 84%. Not too shabby, but it has trailed the S&P500 over that time. With the continued growth of cloud computing, the metaverse, and the massive proliferation of data, this company should provide investors with a solid return over the coming decade with a host of dividends to boot. With the stock pulling back a bit to start the year, I would not hesitate to add a few shares of this gem to my portfolio.
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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3 Top Metaverse Stocks I'd Buy Right Now Without Any Hesitation - The Motley Fool
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Cloud Computing Market Size, Share & Industry Growth [2028]
Posted: January 3, 2022 at 2:22 am
The global cloud computing market size was USD 219.00 billion in 2020. The impact of COVID-19 globally has been exceptional and astounding, with cloud computing solutions witnessing a diverse demand across the region during the pandemic. Based on our research, the global market exhibited a substantial growth of 13.7% in 2020 compared to the average year-on-year revenue growth during 2017-2019. The market is projected to reach USD 250.04 billion in 2021 to USD 791.48 billion in 2028 at a CAGR of 17.9% during the 2021-2028 period.
The market growth is primarily driven by the growing implementation of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the rising shift of enterprises towards cloud-based solutions. Also, increasing investments by countries such as the U.S., the U.K., China, India, and others, in various cloud-based development projects are anticipated to boost the market's growth.
Proliferating Cloud-based Solutions amid COVID-19 Pandemic to Aid Growth
The current coronavirus epidemic has impacted economies worldwide. Governments and organizations across several industries are widely dependent on IT-related solutions and services. Lately, there has been a momentous rise in the demand for online live streaming platforms, such as Netflix, Hulu, Amazon, Spotify, and others. Most of the workforce is working from home due to lockdown restrictions, which, in turn, has resulted in a sudden rise in demand for cloud-hosted solutions such as OTT services, video-on-demand (VoD), and others. Furthermore, this factor has augmented the adoption of cloud-based services such as SaaS and IaaS amidst the COVID-19 pandemic.
Governments and public and private enterprises in many countries have implemented the work from home approach. This factor has resulted in an escalation in demand for SaaS-based collaboration solutions. The rising demand has created various opportunities for cloud vendors to expand their business by launching advanced solutions.
Such active initiatives are likely to boost the demand for cloud-based solutions in the upcoming years.
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Substantial Adoption of Omni-cloud over Multi-cloud to Boost Cloud Computing Industry Growth
Large enterprises are implementing multi-cloud solutions in their business operations to organize their employees over cloud-based platforms. Also, as cloud-based applications such as Dropbox, Facebook, Gmail, among others, are becoming more flexible and robust, the processing cycle needs to be faster in a real-time scenario. As a result, enterprises are moving towards Omni-cloud solutions to leverage numerous advantages, including ease of data use, effective decision making, secured data availability, and scalability in real-time.
Omni-cloud offers advanced connectivity services to enterprises that allow multiple platforms to integrate and reorganize data. The data positioning system is more accurate and organized with the Omni-cloud computing system. Key players in the market are implementing numerous corporate approaches such as new product launches, mergers & acquisitions, and partnerships to increase their market share.
Integration of Big Data, AI, and ML with Cloud to Provide Impetus to Market
The increasing adoption of technologies such as big data, artificial intelligence (AI), machine learning (ML), and others are expected to drive the market's growth. These technologies transform the market landscape, as it assists users in monitoring, analyzing, and visualizing the unprocessed data. Adopting these emerging technologies with cloud solutions would help enterprises enhance their visualization abilities and make complex data accessible and usable. The adoption of AI and ML technologies across enterprises has empowered data usage and has reduced data storage complications. These technologies also help increase commerce productivity, enhance decision-making procedures, and reduce business operational costs. Thus, the increasing adoption of big data, AI, and ML is expected to drive the market's growth.
Data Privacy and Information Security Concerns Associated with Cloud Solutions to Impede Growth
Users deploy cloud platforms to save their confidential data and information concerning business and personal activities over the cloud-based platforms. Data security and privacy concerns about data loss, data breaches, unforeseen emergencies, application vulnerabilities, and online cyber-attacks allied to cloud-based solutions are expected to hinder growth. This can also affect the revenues in healthcare, government, IT and telecom, BFSI, and other sectors. According to the arXiv.org e-Print archive, in 2019, around 60% of the corporate-related data and information on storing drives were insecurely held.
The authorization administration, access control, data encryption & integration, communication security, among others, are a few of the cloud-based security services offered to handle information security and data privacy issues. For instance, providers including Amazon.com Inc., Microsoft Corporation, and Google LLP provides around 99.9% uptime, which discharges end-users from the liability of retaining and creating recovery facilities and backup infrastructure.
Public Cloud to Dominate Owing to Rapid Digital Transformation
Based on type, the cloud computing industry is allocated into private cloud, hybrid cloud, and public cloud.
The hybrid cloud is expected to display the maximum growth rate throughout the predictable period among all the segments. The growth is due to SMEs' growing implementation of cloud-based solutions to increase productivity and decrease operational costs. Additionally, the rising demand for secured, scalable, and cost-efficient solutions is likely to drive private cloud demand across large enterprises. The public cloud services are anticipated to lead the market in terms of share during the estimated period. The growth is attributable to the digital transformation, increasing penetration towards connected devices, and growing automation amongst small and medium enterprises.
Rising Demand among Various Enterprises to Drive Software-as-a-Service (SaaS)
Based on service, the market is divided into software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS).
Among the services, the software as a service (SaaS) captured the major share in 2020. This growth is due to its ease of deployment, cost-effectiveness, and low maintenance charges. The infrastructure as a service (IaaS) is projected to show the highest growth rate during the projection period. The growth is attributable to the increasing adoption of hybrid cloud platforms and swelling demand for storage & safety of business data solutions.
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Higher Adoption of Cloud Computing Solutions to Propel IT and Telecommunications
Based on industry, the market is divided into banking, financial services, & insurance (BFSI), government, IT & telecommunications, healthcare, consumer goods & retail, manufacturing, and others.
Among the segments, IT & telecommunications is projected to show the largest share during the foreseeable period. The segment's growth is due to the rising implementation of cloud-based solutions across IT enterprises for data storage and management. In addition, secured storage, enhanced productivity & performance, and reliability empowers the IT and telecom sector to adopt cloud solutions.
The healthcare segment is likely to develop at the uppermost compound annual growth rate (CAGR) during the study period. This growth is owing to the rising deployment of cloud-based software, mobile applications, wearable healthcare devices, smart healthcare equipment, among others. Other industries such as retail and consumer goods, BFSI, government, manufacturing, and others are anticipated to show noteworthy CAGR, owing to government and cloud providers' increasing initiatives and investment plans to support cloud adoption across start-ups.
North America Cloud Computing Market, 2020 (USD Billion)
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Geographically, the market is segmented across five major regions: North America, Latin America, the Middle East & Africa, Asia Pacific, and Europe.
North America is expected to dominate the market in terms of revenue during the forecast period. The rapid development and adoption of emerging technologies and key players such as IBM Corporation, Amazon Web Services, Apple Inc., and others are expected to drive the growth across the region.
The Asia Pacific is likely to display exponential growth during the estimated period. The growth is owing to the rising demand for cloud-based solutions across the manufacturing and healthcare industries. Also, the increasing demand for smart electric vehicles (EVs), growing internet penetration, and ongoing digitalization are expected to drive the growth in the region.
Europe is expected to showcase a substantial CAGR during the forecast period. The growth is attributable to the increasing manufacturing start-ups, digital government projects and regulatory environment, and increasing adoption of cloud-based technologies.
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The Middle East & Africa, and Latin America will probably exhibit a considerable growth rate through the upcoming year. The growth is due to the increasing investments by governments in Israel, Brazil, Mexico and emerging technologies such as artificial intelligence (AI), 5G, machine learning (ML), big data, cloud, and others.
Emphasis towards Innovative Cloud Computing Solutions by Key Players to Strengthen Competition
Major players such as Microsoft Corporation, Amazon Web Services, IBM Corporation, Alibaba Group Holding Limited, Oracle Corporation, and Apple, Inc. are focused on upgrading their existing product portfolio. These companies provide a complete suite of cloud-computing services such as Microsoft Azure, Google Cloud Platform (GCP), AWS Cloud, among others. Also, these companies are now developing and offering cloud-based solutions with innovative technologies such as AI, ML, and others to enhance their products and provide enriched solutions to their users.
An Infographic Representation of Cloud Computing Market
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The cloud computing market research report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product types, and leading product applications. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the advanced market over recent years.
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD billion)
Segmentation
Type; Service; Industry and Region
By Type
By Service
By Industry
By Region
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