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The GlobalIoT in Banking and Financial Services Marketis forecast to reach USD 5.76 Billion by 2026, according to a new report by Reports and Data. Internet of Things (IoT) is the interconnectivity of electronic devices, such as smartphones, over a single network. These devices transmit signals to the server and among each other. The technology captures data from all the available sources, which is further filtered, and analyzed to gain insights into various processes of a business. Because of its potential, IoT is gaining massive traction in the banking sector across the world. The banking sector is figuring out ways to leverage the potential of IoT to bring out better revenues from business activities.

The data collected and analyzed from sources such as mobile and web applications are used by the banks to launch better and more targeted service offerings. The data about the past service offerings are analyzed to understand the needs and preferences of its customers. Customers across the banking industry are demanding personalized solutions for their varying needs. The data is needed for his present economic condition and buying behavior. Internet of things (IoT) has made it possible for banks to keep track of all the consumer activities and present a solution specific to the needs and desires of the client.

Key participants include IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, Accenture, Cisco Systems, Inc., Vodafone Group plc, Infosys Limited, Software AG, and Capgemini SE, among others.

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A new informative report on the global IoT in Banking and Financial Services market has recently been published by Reports and Data to its humongous database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market shares, size, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global IoT in Banking and Financial Services market.

Market Overview:

Information and communication technology (ICT) encompass a wide range of communication networks as well as the technologies that support them. The information and communication technology (ICT) sector bring together manufacturing and service businesses whose products primarily perform or enable information processing and communication via electronic methods, including transmission and display. The ICT sector contributes to technical advancement, increased output, and increased productivity. Its impact can be measured in a variety of ways: directly, as a contributor to output, employment, or productivity growth; or indirectly, as a source of technical development influencing other sections of the economy.

The IoT in Banking and Financial Services market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the IoT in Banking and Financial Services market.

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Conclusively, all aspects of the IoT in Banking and Financial Services market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects

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The Popularity of Cloud Computing and The Internet of Things (IoT) Will Contribute to The Growth of the IoT... - TechBullion

SEATTLE--(BUSINESS WIRE)--The Cloud Security Alliance (CSA), the worlds leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today released Top 10 Blockchain Attacks, Vulnerabilities, and Weaknesses, the latest research from the CSA Blockchain/Distributed Ledger working group. The report offers a high-level overview of the top 10 attack vectors targeting cryptocurrency and distributed ledger technology (DLT), namely exchange hacks, Decentralized Finance (DeFi) hacks, 51% attacks, phishing (for private keys), rug pull/exit scams, ransomware, SIM swaps, investment scams, high-profile doubler scams, and extortion. Illustrative examples are provided for each vector, along with an overview of the costly lessons that can result.

As the authors note, unaudited smart contracts and lapses in security protocols can result in major losses for centralized and decentralized exchanges. In the last five years, for example, 43 exchanges have been publicly hacked, and more than 49 DeFi protocols have been exploited, resulting in a loss of more than $2.8 billion. The paper aims to educate everyone from developers to compliance officers and day-to-day cryptocurrency users so that they might avoid the same pitfalls.

There is a strong misconception that the immutable nature of DLT systems makes them inherently secure. The reality, however, is that cryptocurrencies and the ecosystem of platforms that enable their usage have been the target of attacks since the inception of bitcoin over 12 years ago. As centralized exchanges have hardened their cloud security controls, attackers have pivoted to target the human users with social engineering attacks and confidence schemes. Fortunately, because of the open nature of most blockchains, blockchain analytics tools provide unprecedented capabilities to trace virtual assets in order to investigate crypto crimes, seize assets, and prosecute bad actors, said Bill Izzo, co-chair of the Blockchain/DLT Working Group and a contributor to the paper.

There are a broad range of attack vectors targeting blockchain applications, targeting anything from cryptographic primitives to consensus mechanism vulnerabilities or smart contract exploits. Nascent crypto companies with inadequate security protocols can suffer unrecoverable losses if administrators with access to hot and cold wallet storage fall victims to any of these attack vectors. Additionally, unaudited smart contracts and lapses in security protocols can result in major losses for centralized and decentralized exchanges.

People new to the space can also easily fall victim to common scams and extortion techniques. Phishing attacks will continue to target the human element behind DLT systems, resulting in anything from centralized exchange hacks to loss of personal private keys. With the proper security training as outlined in this document, many of these attacks can be prevented, said Dave Jevans, CEO of CipherTrace and a contributor to the paper.

The Blockchain/Distributed Ledger Working Group strives to produce useful content to educate different industries on blockchain and its proper use, as well as define blockchain security and compliance requirements based upon different industries and use cases. Individuals interested in becoming involved in Blockchain/Distributed Ledger future research and initiatives are invited to join the working group.

Download the complete report.

About Cloud Security Alliance

The Cloud Security Alliance (CSA) is the worlds leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud from providers and customers to governments, entrepreneurs, and the assurance industry and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem. For further information, visit us at http://www.cloudsecurityalliance.org, and follow us on Twitter @cloudsa.

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Latest Paper from Cloud Security Alliance Examines Top 10 Blockchain Attacks, Vulnerabilities, and Weaknesses - Business Wire

Within the next two years, more than half of new enterprise infrastructure deployed will be at the edge rather than corporate data centers.

There are many technology trends shaping enterprises in the months and years ahead, but none will be more impactful than the rise of edge computing. Thats the word from IDC, which has been releasing estimates of the scope of the edge, as well as the impact on business.

Within the next two years, more than half of new enterprise infrastructure deployed will be at the edge rather than corporate data centers, up from about 10% today, IDC estimates. By 2024, the number of apps at the edge will increase by an astounding 800%, driven by demand to meet customer expectations and convenience, as well as supporting a rising number of critical edge activities.

The convergence with cloud was recently explored by Pam Miller, director, infrastructure channels research for IDC, in a webcast with Greg Adgate, VP of global partner and alliance programs at Equinix. This dramatic shift means the digital edge and public and private clouds are converging, representing a spectrum of computing environments.

Cloud is the foundation for the digital economy, and its growing to $652 billion by 2023, Miller says. What were seeing is that the edge is very, very critical to this, she continues. The edge allows you to have an immediate response to data thats generated. It allows you to be able to react. You just cant do that from a central data center. The lag time prevents this immediate analysis and leveraging of the data you have.

The other converging trend is an immense increase in the volume that the data centers are taking care of, Miller continues.

IDC expects edge expenditures will be concentrated in the U.S. and Western Europe over the next several years. In 2020, the regional spending shares for the Americas, EMEA, and Asia/Pacific were projected to start reaching 45%, 28%, and 27%, respectively. Among industries, the top two sectors are discrete manufacturing and professional services, while retail will overtake process manufacturing, becoming the third-largest industry. Professional services will also see the fastest growth in edge spending with a five-year CAGR of 15%, the consultancy projects.

From a technology perspective, services including professional and provisioned services will account for 46% of all edge spending in 2024. Hardware follows as the second largest technology category with a 32% share of spending, while the remaining 22% will go to edge-related software.

IDC recently released projections for European enterprise edge spending, anticipated to remain within the services category, driven by connectivity and professional services for IoT, robotics, drones, AI, and AR/VR deployments. Spending on hardware, driven by heavy edge platforms used to perform heavier computing tasks adapted for the edge location or deployment, is almost the same as the spending on software technologies, especially security software used to ensure the integrity of data, end points, and infrastructure.

In the next few years, the bulk of European enterprise edge spending will continue to be linked to the IoT domain, even though the contribution of other domains, such as AI and AR/VR, will increase further. For example, automated threat intelligence and prevention use cases will leverage AI systems to connect the dots between different pieces of information and to identify possible threats to databases and systems in financial, government, or utilities industries, while AR/VR can help organizations from the manufacturing and utilities industries to improve maintenance, repair, and operations processes. Besides the IoT, AI, AR/VR, robotics, and drone domains, enterprise edge will remain strongly connected to other technology markets such as 3D printing, blockchain, autonomous, wearables, and implantables.

From a vertical perspective, the manufacturing industry will account for the largest share of European enterprise edge spending in 2021, with the majority of use cases related to the IoT and robotics domains. Robots can help factories to achieve full automation by assisting in assembling, inspection, painting, or welding processes.

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Edge Computing's Growth Takes the Lag Out of Cloud - RTInsights

A2Z Market Research announces the release of Cloud Computing Technologies Market research report. The market is predictable to grow at a healthy pace in the coming years. Cloud Computing Technologies Market 2021 research report presents analysis of market size, share, and growth, trends, cost structure, statistical and comprehensive data of the global market.

Cloud computing is the delivery of computing services such as servers and intelligence over the Internet(Cloud) to offer innovation, resources, and economies of scale.

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The top companies in this report include:

Amazon.com, Inc., Microsoft Corporation, Google LLC, Oracle, Cisco Systems, Inc., Alphabet Inc., Salesforce.com, Inc., SAP SE, Dell Technologies Inc., IBM, Alibaba Group Holding Limited, Rackspace Technology, Inc., Adobe Inc., SAS Institute Inc., TIBCO Software Inc..

As analytics have become an inherent part of every business activity and role, form a central role in the decision-making process of companies these days is mentioned in this report. In the next few years, the demand for the market is expected to substantially rise globally, enabling healthy growth of the Cloud Computing Technologies Market is also detailed in the report. This report highlights the manufacturing cost structure includes the cost of the materials, labor cost, depreciation cost, and the cost of manufacturing procedures. Price analysis and analysis of equipment suppliers are also done by the analysts in the report.

This research report represents a 360-degree overview of the competitive landscape of the Cloud Computing Technologies Market. Furthermore, it offers massive data relating to recent trends, technological advancements, tools, and methodologies. The research report analyzes the Cloud Computing Technologies Market in a detailed and concise manner for better insights into the businesses.

The report, with the assistance of nitty-gritty business profiles, project practicality analysis, SWOT examination, and a few different insights about the key organizations working in the Cloud Computing Technologies Market, exhibits a point-by-point scientific record of the markets competitive scenario. The report likewise displays a review of the effect of recent developments in the market on markets future development prospects.

Global Cloud Computing Technologies Market Segmentation:

Market Segmentation: By Type

by ServiceInfrastructure as a Service (IaaS)Platform as a Service (PaaS)Software as a Service (SaaS)by DeploymentPublic CloudPrivate CloudHybrid Cloud

Market Segmentation: By Application

BFSIIT and TelecommunicationsRetail and Consumer GoodsManufacturingEnergy and UtilitiesHealthcare and Life SciencesMedia and EntertainmentGovernment and Public SectorOthers

Geographic analysis:

The global Cloud Computing Technologies market has been spread across North America, Europe, Asia-Pacific, the Middle East and Africa, and the rest of the world.

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COVID-19 Impact Analysis

The pandemic of COVID-19 has emerged in lockdown across regions, line limitations, and breakdown of transportation organizations. Furthermore, the financial vulnerability Cloud Computing Technologies Market is a lot higher than past flare-ups like the extreme intense respiratory condition (SARS), avian influenza, pig influenza, bird influenza, and Ebola, inferable from the rising number of contaminated individuals and the vulnerability about the finish of the crisis. With the rapid rising cases, the worldwide Cloud Computing Technologies refreshments market is getting influenced from multiple points of view.

The accessibility of the labor force is by all accounts disturbing the inventory network of the worldwide Cloud Computing Technologies market as the lockdown and the spread of the infection are pushing individuals to remain inside. The presentation of the Cloud Computing Technologies makers and the transportation of the products are associated. If the assembling movement is stopped, transportation and, likewise, the store network additionally stops. The stacking and dumping of the items, i.e., crude materials and results (fixings), which require a ton of labor, is likewise vigorously affected because of the pandemic. From the assembling plant entryway to the stockroom or from the distribution center to the end clients, i.e., application ventures, the whole Cloud Computing Technologies inventory network is seriously compromised because of the episode.

The research provides answers to the following key questions:

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Cloud Computing Technologies Market Impact and Recovery Analysis| Amazon.com, Inc., Microsoft Corporation Bulk Solids Handling - Bulk Solids Handling

The biggest move made by International Business Machines (NYSE:IBM) since CEO Arvind Krishna took the helm last year was the planned spinoff of the managed infrastructure services unit. The new company will be called Kyndryl, and it will be led by former IBM CFO Martin Schroeter.

Details have been scarce on the spinoff since it was announced in late 2020. On Tuesday, Kyndryl filed its Form 10 registration statement with the SEC that filled in some of the blanks. Here's what IBM investors need to know.

Image source: Getty Images.

The plan has always been for IBM to distribute shares of Kyndryl to its shareholders in a tax-free transaction. We now know more about what that transaction will look like. IBM shareholders will receive at least 80.1% of Kyndryl's common stock when the spinoff is complete, with IBM retaining the remaining stake.

IBM plans to exchange its stake in Kyndryl for IBM debt over the following 12-month period. After a year, IBM won't hold any financial interest in Kyndryl if all goes according to plan. For IBM shareholders, no action is required to receive shares of Kyndryl.

Kyndryl is already a major player in the realm of designing, building, managing, and modernizing mission-critical technology systems. The company has 4,000 customers in more than 100 countries, and it generated $19.4 billion of revenue in 2020.

Kyndryl estimates that its current addressable market is $415 billion. That market is expected to grow by 7% annually, reaching $510 billion in 2024. Kyndryl's biggest growth opportunities over the next few years will be public cloud managed services, data services, security services, intelligent automation services, and managed services for edge environments.

Measuring the profitability of a business that's still part of a larger parent company can be difficult. On an unadjusted basis, Kyndryl produced a pre-tax loss of $1.8 billion and a free cash flow loss of $0.3 billion in 2020.

These numbers don't necessarily reflect how Kyndryl will perform once it's officially a stand-alone company. Among other things, Kyndryl's financials include allocations for marketing and global sales coverage design that aren't consistent with how the company will look once the spinoff is complete. If you back out the relevant items, Kyndryl produced positive free cash flow of roughly $0.7 billion.

IBM is giving up around $19 billion of annual revenue by spinning off Kyndryl, but it's not giving up all that much free cash flow. IBM reported revenue of $73.6 billion and free cash flow of $10.8 billion in 2020. Excluding Kyndryl, revenue would have been $57.5 billion and free cash flow would have been around $10 billion.

IBM will provide more details of its financial position and outlook for the post-separation period during a virtual investor briefing on Oct. 4.

While Kyndryl has a large market opportunity, managed infrastructure services is a labor-intensive business. Kyndryl will have around 90,000 employees, so revenue per employee will be just over $200,000. That's lower than Walmart, for comparison.

What remains of IBM will be less focused on low-margin services and more focused on high-margin software. More than half of IBM's revenue currently comes from services. When the spinoff is done, the majority of IBM's revenue will be tied to cloud software and solutions.

Hybrid cloud computing and artificial intelligence will be at the center of everything IBM does. IBM is betting that its large enterprise clients will opt for an infrastructure that mixes on-premises hardware and public cloud platforms, instead of simply going all-in on one of the major cloud platforms.

By removing $19 billion of slow-growing and low-margin revenue, IBM should have an easier time reporting consistent revenue and earnings growth in the years ahead. The company's on-again off-again flirtation with growth has rubbed investors the wrong way, and the stock has been stuck for years. This spinoff may be just what IBM needs to change the narrative.

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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What You Need to Know About IBM's $19 Billion Spinoff - Motley Fool

Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services), which can be rapidly provisioned and released with minimal management effort or service provider interaction. There are three different types of cloud computing stack layers services, namely, Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS). SaaS applications are designed for end-users and delivered over the web.

The global Cloud Computing Stack Layers Market size is expected to witness Significant growth by 2027.

Cloud Computing Stack Layers Market report focused on the comprehensive analysis of current and future prospects of the Cloud Computing Stack Layers industry. It describes the optimal or favourable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the Cloud Computing Stack Layers market has been done in order to calculate the growth rates for each segment and sub-segments.

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Note In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

Top Key Vendors of this Market are:

Amazon Web Services, Inc., International Business Machines Corp, Salesforce.Com, Inc., OVH, Google Inc., RACKSPACE US, INC., Oracle Corporation, Microsoft, Avaya Inc., SAP.

Various factors are responsible for the markets growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Cloud Computing Stack Layers market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market.

The influence of the latest government guidelines is also analysed in detail in the report. It studies the Cloud Computing Stack Layers markets trajectory between forecast periods. The cost analysis of the Global Cloud Computing Stack Layers Market has been performed while keeping in view manufacturing expenses, labour cost, and raw materials and their market concentration rate, suppliers, and price trend.

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The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Cloud Computing Stack Layers market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Cloud Computing Stack Layers market.

Regions Covered in the Global Cloud Computing Stack Layers Market Report 2021: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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Table of Contents

Global Cloud Computing Stack Layers Market Research Report 2021 2027

Chapter 1 Cloud Computing Stack Layers Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Cloud Computing Stack Layers Market Forecast

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Huge Demand of Cloud Computing Stack Layers Market by 2028 with Top Key Players Amazon Web Services, Inc., International Business Machines Corp Bulk...

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, entered the Philippine market in 2019. As the worlds third leading and Asia Pacifics leading infrastructure-as-a-service provider with multi-industry experience, it committed to help the digitalization of Filipino enterprises from various industries with Alibaba Clouds services and technologies.Alibaba Cloud Intelligence Philippines country manager Allen Guo is particularly optimistic about the Philippine digital economy. I like this country for its mixed culture and innovative spirits. Many local young people started their own online businesses with innovative ideas, leveraging advanced technologies like live streaming, supply chain, block chain and omni-channel, he says in an e-mail interview.I saw lots of local talents return to their hometown to explore new digital business opportunities, thanks to the booming demand of digitalization in the Philippines. Here, I have lots of opportunities to talk with these young people and business owners, from which I learned a lot on how to embrace and be ready for the digitalization wave in the Philippines, says Guo.We are committed to empowering Philippines enterprises and SMEs to thrive through cloud and digital intelligence technologies, he says.Alibaba Cloud aims to be a trusted cloud service provider and partner in the Philippines, enabling local enterprises to adapt and thrive in the new normal by helping them to capture and capitalize on growth opportunities presented by digital transformation.To support the enterprises digitalization in the Philippines, Alibaba cloud has formed partnerships with more than 20 Philippine organizations across the retail, healthcare, fintech, Information and communications technology, business process outsourcing, media and education sectors. Our business goal is to support about 5,000 Philippine enterprises on their digital transformation journey by end of 2023, Guo says.Among its Philippine customers are mobile wallet GCash and livestreaming platform Kumu.Data centerAlibaba Cloud is also about to launch a data center in the Philippines. Guo says this will allow MSMEs to have better access to reliable cloud infrastructure to efficiently meet their evolving needs and strengthen disaster recovery capabilities.He says this will enable customers in the Philippines and Southeast Asia to deploy mission-critical workloads, enjoy more reliable cloud services and allow end-users to have lower latency. The data center will also offer a comprehensive suite of cloud products and services, ranging from elastic computing, database service, networking, storage, security, and middleware, to solutions that address vertical industry challenges, he says.As the only global cloud service provider with a data center on the ground, we believe we are well equipped to serve the strong customer demands on digital transformation in the Philippines, he says.Hybrid cloudGuo says more businesses are adopting a hybrid cloud approach to enjoy the benefits of both public and private cloud. Hybrid cloud deployments benefit from public clouds agility, elasticity and cost-effectiveness without compromising on the robust data security provided by the private cloud, he says. With remote working becoming new normal, enterprises and SMEs will move more of their critical businesses online. Hybrid cloud allows businesses, especially SMEs, to house and scale their workloads based on compliance, policy, and security requirement and replicate business-critical data to the cloud, he says.Guo says hybrid cloud is the best option to protect and preserve businesses bottom lines while providing the flexibility to migrate data and apps at any given time. Hybrid cloud gives businesses the option of buying IT resources when they need to. They can scale their computation resources effectively and efficiently, should there be a spike in online visits or orders through the store due to unexpected reasons [such as a flash sale] but without compromising their cyber exposure, he says.With hybrid cloud models that are capable of seamlessly integrating local software to public cloud, enterprises can enjoy the advantages of public cloud without re-architecting their familiar on-premise work environment and succumbing to disruptions on network and security, says Guo.Future-proofingGuo says as businesses move their critical businesses online during the pandemic, business decision makers should consider choosing trusted cloud service providers to manage their online footprint in a cost-effective, resilient yet secure way. Cloud computing and data-based intelligent services are in a pivotal position to capture such growing demand and future trends in the post pandemic world, he says.As employees adapt to new efficiencies in remote working, hybrid cloud can fundamentally protect their time in having to cope with IT changes or even learn a new digital workspace system from scratch. This also gives employees peace of mind in not having to struggle with yet another uncertainty, resulting in a happier and more productive workforce, says Guo.Guo says that as Asia Pacifics leading IaaS provider with multi-industry experience, Alibaba Cloud is well-positioned to help its partners grow their businesses and better transition to digital.Alibaba Cloud provides a comprehensive suite of cloud computing services/products to empower customers with secure, reliable and robust infrastructure to achieve business success, ranging from elastic compute, database, security and network services to machine learning and data analytics capabilities, he says.As more companies embrace cloud technology, staff skills and capabilities need to be enhanced to enable them to handle such technology. Part of our commitment at Alibaba Cloud is to elevate the knowledge and capability of Filipino IT professionals to make them fully adept in the field of cloud computing, he says.Training programAlibaba Cloud launched a series of training programs in the country such as the Alibaba Academy program, the Alibaba Cloud Partner program and the Alibaba Certificate program. Alibaba Cloud aims to train 50,000 and certify at least 10,000 IT professionals by 2023 in the Philippines, according to Guo.We are committed to digital talent empowerment and we look forward to growing together with our clients and partners and being their trusted partners on the digital transformation journey, says Guo.

COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by The Standard. Comments are views by thestandard.ph readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of thestandard.ph. While reserving this publications right to delete comments that are deemed offensive, indecent or inconsistent with The Standard editorial standards, The Standard may not be held liable for any false information posted by readers in this comments section.

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Alibaba helps PH firms thrive in the new normal - manilastandard.net

Absolute Markets Insights announced the addition of a statistical data titled as, Cloud Computing in Higher Education market to its massive repository. The Cloud Computing in Higher Education market is expected to drive market growth over the forecast period 2021 to 2030. The Market research report analyses that the market is growing with a CAGR in the forecast period of 2021 to 2030. There is a growing demand for minimally invasive surgeries and more and more new products and treatments. Are the major drivers which propelled the demand of the market in the forecast period.

The Cloud Computing in Higher Education market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the industry scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your goal.

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Cloud Computing in Higher Education market competitive countryside provides information by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, latest market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product approvals, application dominance, technology lifeline curve. The above details points provided are only related to the companys focus related to Cloud Computing in Higher Education market.

Top Key Players includes in Cloud Computing in Higher Education Market:

Some of the prominent players operating in the cloud computing in higher education market include Adobe, Amazon Web Services, Inc., Cisco Systems, Inc., Ellucian Company L.P., Google LLC, Huawei Technologies Co., Ltd., IBM Corporation, Jenzabar, Inc., Microsoft, NEC Enterprise Solutions, Oracle, Salesforce.com, Inc., VMware, Inc., and Workday, Inc. among others.

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Higher education institutes around the globe set aside a huge share of their budget to build and maintain their IT infrastructure. Educational institutions are implementing software as a service (SaaS) service model with an aim to increase the focus on academic research and student performance. This is among the key factors responsible for the growth of cloud computing in higher education market. In addition, educational institutions with multiple branches are collaborating with cloud computing providers to restructure and centralize their locations. For instance, Antioch University (California), a private nonprofit university in the U.S. collaborated with Ellucian Company L.P. to provide a centralized structure to their five locations, thereby helping it function as a single university. Furthermore, cloud-based solutions are helping educational institutions in integrating several tools like learning management system (LMS) into their existing outline, which is further increasing the adoption of cloud computing in higher education market.

The region section of the Cloud Computing in Higher Education market report also offers individual industry impacting factors and changes in regulation in the market domestically that impacts the recent and future trends of the market. Key points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to estimate the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large competition from local and country brands, the influence of sales channels is taken into account in the predictive analysis of data for that country.

Global Cloud Computing in Higher Education Market Scope:

By Service Model

By Deployment Mode

By Applications

By End User

By Region

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Global Cloud Computing in Higher Education Market Segmentation and Industry Analysis (2021-2030): by Growth Factor, Future Challenges, Applications...

If you are planning to invest in cloud computing or are already a cloud customer, you probably know the benefits of data backup like efficiency, high availability, high accessibility, and elasticity. However, data loss due to natural disasters like earthquakes, floods, and fires can also be effectively addressed by cloud computing. Natural disasters are not only limited to damages caused by storms, lightning, and other external factors. Damage caused by viruses and malware like hacker attacks can also be effectively addressed through cloud computing. Therefore, you should also consider the benefit of data security in cloud computing.

When data is lost due to natural causes, you can call in experienced professionals from cloud computing services that will retrieve the lost data. With cloud security measures, you can rest assured that your data will be protected even if the disaster zones strike all over again. Cloud-based services ensure the safety of your data by implementing multiple layers of security and protection procedures. With its several advantages, cloud computing is becoming more popular.

You can easily make use of cloud storage for your data, especially when disaster strikes. The best thing about cloud computing is its cost-effectiveness. You can get a large amount of storage space without paying a single cent for your data backup. This means that you can enjoy unlimited access to various applications and can run your business without any hitches.

Another advantage of the cloud is that it provides application security better than a traditional hosting environment. You need not worry about application security when you host your data in the cloud. Application security in SAAS is better than that in a traditional site because of the lack of physical hardware to provide protection. In a traditional site, you may want to install strong physical security measures such as firewalls and security cameras. But this cannot be done with SAAS.

You also do not have to worry about data reliability. Disaster recovery from the cloud can be done successfully. You do not have to wait for a disaster to restore data in the cloud. As long as you have an active internet connection, you can restore data in the cloud pretty quickly.

You also gain several other benefits such as improved user accessibility, easy collaboration, reduced IT costs, reduced vendor lock-ins, easier collaboration, and enhanced functionality. These are just some of the benefits you stand to enjoy when you implement the use of the community cloud. The biggest benefit is, of course, cost savings. When you use the public cloud, you pay for usage just like you would for a local server. You dont have to buy any hardware, manage any servers, manage any application servers or pay any licensing fees. All of these costs are eliminated when you use the community cloud.

With the mainframe server offering you a choice, you need to choose whether you want to convert your physical server into a virtual machine or convert it into a cloud computing virtual machine. Both solutions have their pros and cons. Converting the physical server to a virtual machine offers you greater flexibility but at a higher price. Converting it to a cloud computing virtual machine offers you ease of use with reduced costs, greater capacity, and better performance.

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Restore Data in Cloud Computing: The Best Option for You - MarylandReporter.com - MarylandReporter.com

Infrastructure as a service is the most basic type of cloud computing services, allowing users to rent IT infrastructure.

FREMONT, CA: Cloud computing may be defined as a collection of various types of hardware and software that collaborate over the internet to provide various computing services to end-users as an online service. Users can access data and use programs in the cloud from any device connected to the internet.

The capacity to scale elastically is one of the advantages of cloud computing services. That implies delivering the proper amount of IT resourcesfor example, more or less computing power, storage, and bandwidthat the right time and from the right geographic place in cloud language. Majority of cloud computing services are on-demand and self-service, which means that even massive amounts of computing resources may be provisioned in minutes, usually with only a few mouse clicks, offering enterprises a lot of flexibility and relieving capacity planning strain.

What Are the Many Types of Cloud Services?

Cloud computing services can be classified into four categories, or the cloud computing stack, which build on top of one another:

Infrastructure as a service (IaaS): IaaS is the most basic type of cloud computing services, allowing users to rent IT infrastructure. A cloud provider's servers and virtual machines, for example. Pay as peruse is the basis of LaaS.

Platform as a Service (PaaS): The PaaS category allows end-users to rent or buy an on-demand environment for software creation, testing, delivery, and management. PaaS is built in such a way that it allows for the rapid development of web and mobile apps. Without worrying about managing the underlying infrastructure of servers, storage, networking, and databases that are essential for growth.

Software as a Service (SaaS): SaaS refers to cloud computing services, enabling end-users to obtain software programs on-demand and on a subscription basis via the internet. End-users can utilize SaaS to host and administer software applications and underlying infrastructure and perform maintenance tasks such as software upgrades and security patches.

FaaS (functions as a service): FaaS is the next step up from PaaS, allowing end-users to have a fully insulated stack for their code. A user can upload a chunk of code and have it triggered by a pay as peruse event.

See Also:Top Cloud Companies

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The Many Types of Cloud Computing Services - CIOReview