Category Archives: Cloud Computing

What exactly is the cloud and how does it work?

More and more of our daily lives takes place online, from banking and schooling to working and family gatherings, even more so amid the coronavirus pandemic. The cloud is the invisible computing architecture that keeps many of these digital platforms and tools running smoothly. Really, being in the cloud just means storing data on someone elses computer. A few major tech companies run massive global networks of data centers, linked with ocean-spanning fiber-optic cables and complex systems of integrated hardware and software. So there is no single cloud per se. Rather, companies like Amazon, Microsoft, and Google each run their own systems, almost like parallel internets. The risks of a companys whole cloud system going down at once are miniscule, though isolated outages of particular cloud services do happen.

Many internet users are seeing firsthand how disruptive it can be when the online tools they are relying on unexpectedly go offline or experience other bugs. For instance, when the videoconferencing software Zoom went offline for several hours one day in late August 2020, virtual classes around the United States were disrupted.

Dr. Tim Maurer is co-director of the Cyber Policy Initiative and a senior fellow at the Carnegie Endowment for International Peace. An expert on cybersecurity and geopolitics of the digital age, he currently focuses on the emerging global order for cybersecurity and the financial system.

Taking a step back, the pandemic has accelerated a decade-long transformation that was already under way. Many companies, governments, and ordinary people alike are switching from onsite information technology (IT) infrastructure to cloud computing, which provides data storage and processing services remotely. The good news is that many cloud companies have hired seasoned professional security teams with highly technical skills to protect the cloud infrastructure.

The bad news is that, as more and more people use and depend on the cloud, the risks and consequences of a systemic failure increase. Each of the major cloud providers have set up their systems to be as resilient as possible to any single-point failurethats why the risk of the whole cloud going down at once is exceedingly small. But that doesnt mean that it is immune to threatsthere are many ways that cloud services could be compromised or disrupted.

A few massive companies dominate the cloud computing market. These large cloud companies have the deep pockets and highly trained personnel needed to design and manage systems that are extremely secure and highly resilient to various risks of failure. That is why, as a rule, it is far more secure for most companies, organizations, and people to store their online data in the cloud rather than try to protect it themselves.

But theres a catch. Hackers and other nefarious criminals know that if they compromise a cloud provider, they can essentially scoop up the valuable data of many targets at once. This risk is called the Fort Knox dilemma: the data stores of cloud companies are highly protected but also highly prized targets. Theres a reason the Oceans Eleven cast targeted a casino instead of a convenience store.

Garrett Hinck was a research assistant with the Nuclear Policy Program at the Carnegie Endowment for International Peace.

And that isnt the only issue. The potential for threats against the cloud to create systemic risk are becoming increasingly apparent. A major cyber incident could have industry-wide or even economy-spanning effects, impacting financial services or triggering a temporary outage that prevents cloud clients from processing critical data like health insurance records.

Thankfully, the chances of an incident shutting down an entire cloud provider are exceedingly low: they make their systems as resilient as possible to keep that from happening. However, if one critical cloud-based dataset or process (like an algorithm for adjusting insurance claims, for example) failed, there could be significant consequences. Thats why its so important to understand the potential consequences of threats to cloud customers data as thoroughly as possible. As more and more critical data, like financial transactions and health records, are stored in the cloud, the consequences of major breaches will only increase.

The cloud is not invulnerable to hackers. While cloud providers can create secure environments, some vulnerabilities remain, and the security of the environment still also depends on their clients to store data securely. Cloud companies and the customers they serve both have important roles to play to keep data safe, and they divide up the responsibilities for data security accordingly. To use an analogy, it is not enough for a cloud provider to design a highly secure virtual safe: customers also have to be sure to set a good combination and keep that information from prying eyes.

In July 2019, for instance, a hacker broke into the cloud-based databases that stored personal information of Capital One credit card applicants and later attempted to sell the stolen information online. Personal information sold on the dark web can then be used by criminals for identity theft and other forms of fraud. This incident illustrates the damage that can ensue when security measures are breached.

Hackers arent the only risk facing the cloud or even the most common one. Cloud services can be disrupted by many unforeseen events including lightning strikes or flooding at data centers or even human error. In one notable incident, a typo by an Amazon engineer took the companys cloud storage service offline for many U.S.-based customers for four hours. These risks can have significant ripple effects because cloud services are complex and often rely on convoluted, interdependent internal systems. A failure can have outsize and unpredictable effects.

Additionally, vulnerabilities wired into the hardware and coded into the software that run the cloud can have broad impacts. The Meltdown and Spectre vulnerabilities, which affected the chips used in cloud servers, could have allowed attackers to spy on other cloud customers data. Cloud companies made herculean efforts to address these vulnerabilities and build a fix before the bugs became public in early 2018, underscoring their potential impact.

As organizations migrate to the cloud, responsibility for security becomes shared between cloud service providers and the organizations they serve. Having a clear understanding of who is responsible for what, especially where aspects of that responsibility are shared, is critical for pulling off a migration that leads to greater security, not less. Cloud service providers already assist their customers with facilitating this transition, and as they expand their business in the United States and abroad, it will be important that this assistance is scaled accordingly and provided equitably.

It is also clear that some reams of data are more important than others. The Health Insurance Portability and Accountability Act in the United States, for example, specifically protects medical data. Financial regulators focus on data and processes critical for the functioning of the financial system. It will become more important going forward for experts to open up the black box of cloud service providers and assess and protect risk based on how critical a particular set of data and associated services are. Finally, the tech industry remains a nascent sector. Unlike other sectors like aviation or finance, mechanisms to cooperate remain very limited among the main cloud service providers and competition even trumps shared security concerns.

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How Cloud Computing Can Deal With Lightning Strikes and Hackers - Carnegie Endowment for International Peace

KEY POINTS

In the biggest initial public offering of the year and the largest IPO ever for a software company, Snowflake (SNOW) raised $3.36 billion in its debut on Wednesday.

Priced at $120 per share in the offering, Snowflake shares closed at $253.93 on Wednesday, granting the data warehousing company a market cap of more than $70 billion larger than Goldman Sachs (GS).

Cloud-computing stocks have flourished in a year when the COVIS-19 pandemic has forced millions to work from home.

Cloud has gone from a proof of concept or for things that were less critical to companies realizing it will enable a much more agile and modern architecture and working style," Daniel Elman,an analyst at Nucleus Research, said according toBloomberg.

We have already seen [cloud stocks] Zoom (ZM), DocuSign (DOCU) and Datadog (DDOG) do well this year, Bloomberg Intelligence analyst Mandeep Singh said. Investors understand the cloud business model well and that makes a high-growth company like Snowflake attractive.

Among the winners from the huge IPO was the Seattle-based firm Madrona Venture Group, which first invested in Snowflake three years ago.

Sometimes you find a team and a technology that is just poised to take off, Madrona Managing Director S. Somasegar said according to Geekwire.

Former Snowflake CEO Bob Muglia an ex- colleague of Somasegar at Microsoft (MSFT) owns 4 million Snowflake shares, or about a 1.7% stake, after selling half of his holdings to Warren Buffetts Berkshire Hathaway (BRK-A) in the IPO.

Singh of Bloomberg commented that Berkshires participation definitely validates the attractiveness of Snowflakes IPO.

Four of Snowflakes top executives, CEO Frank Slootman, Muglia, Chief Financial Officer Michael Scarpelli and Co-founder Benoit Dageville, now own stakes valued at $8 billion.

Iconiq Capital, a private investment firm, started investing in Snowflake in 2017. Its 12% stake in the company is now valued at $8.6 billion.

Another major beneficiary of Snowflakes IPO was early investor Sutter Hill Ventures, which owns more than 20% of the company a stake valued at $12.6 billion.

Based in San Mateo, Calif., Snowflake posted revenue of $242 million in the first half of 2020.

Aaron Levie, CEO of enterprise cloud company Box, said in a tweet that Snowflakes IPO is showing that markets for enterprise software continue to be far larger than most anticipate. With exponential growth in data, devices, and apps, something already big today might be 100 [times] bigger in just a few years.

Harri Thomas, a startup expert, tweeted: What's not to like about enterprise software? Clients budgets are massive, and procurement is such a pain for them that contracts are only ever revisited every 12-24 months, if that. You could be a massive enterprise business with [only five] customers.

However, Slootman was somewhat subdued about his companys successful IPO.

So far, so good, Slootman told Bloomberg. We needed to do this [IPO] for a number of reasons, especially to raise the stature of the company in the marketplace. We sell to the largest companies in the world and we also compete with the largest companies in the world, so its really important. ... Just staying on this growth trajectory takes one hell of an effort.

Regarding Snowflakes suddenly lofty valuation, Slootman told CNBC: A stock is worth exactly what somebody wants to pay for it. Its like talking about the weather, it is what it is. Tomorrows another day, well see what it brings.

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Wall Street's Love Affair With Snowflake And Cloud Computing Creates Biggest Software IPO In History - International Business Times

Buying an exchange-traded fund (ETF) can be a great way to gain diversified exposure to a specific sector, industry group or investment theme. You can buy a whole basket of individual stocks with just one click of the mouse (or tap of the finger).

For instance, in May, I recommended my Cycle 9 Alert readers make a bullish play on the SPDR Biotech ETF (NYSE: XBI).

I wanted them to have exposure to the entire biotech space during its search-for-a-vaccine rally. And even though a viable vaccine has yet to be announced, we rode that rally for a net gain of 113% in just two months! (Note: We bought options on the ETF.)

Of course, while buying a diversified ETF will give you exposure to a broad sector, industry group or theme you could instead buy only the ETFs top stocks.

That is, if you have a method for determining which of the ETFs individual stock holdings are top, and which are not.

This way, youll filter out the companies that will drag down the ETFs overall performance!

And thats what my new ETF X-Ray is all about.

Ill run each of the individual stock holdings of a popular ETF through my six-factor Green Zone Ratings model showing you which ones are top-rated and which may be best to avoid.

Lets get straight to it with todays ETF X-Ray!

Global X manages the Global X Cloud Computing ETF (Nasdaq: CLOU). This fund company focuses on disruptor sector ETFs for its investors.

Ive seen Global Xs president speak at the Inside ETFs conference Ive attended the past two years. I really like that this suite of ETFs gives investors access to some of the most innovative and cutting-edge investment themes out there right now including Internet of Thingsand cloud computing (CLOU).

These Digital 2.0 technologies are growing at double-digit rates and driving innovations across multiple sectors. And Global Xs suite of disruptor-sector ETFs is a great way to gain one-click access to them.

That said, lets take an X-Ray look at the Global X Cloud Computer ETF through the lens of my six-factor Green Zone Ratings model.

The table below shows the ETFs individual stock holdings, along with the Overall Rating theyve earned on my six-factor model.

Note that Im presenting two tables

The left side is sorted by the weight that each stock holds in the ETF. The stock at the top (Zoom, ZM) has the largest allocation of the ETFs assets.

The right side is sorted by my rating systems Overall Rating, so its easy to spot which stocks are top-rated.

Youll see the two largest holdings in Global Xs cloud-computer ETF are Zoom Video Communications (ZM) and Twilio (TWLO), with each stock making up over 6% of the ETFs holdings.

As I see it, these are companies that benefit from functionality that cloud computing affords and not necessarily pure-play cloud companies.

Whats more, while both are hyped glamour stocks (and are having great years!) they arent as proven as the likes of Amazon (AMZN), Alphabet (GOOGL) and Microsoft (MSFT), all three of which rate higher than Zoom and Twilio on my quality, value and volatility factor ratings.

Otherwise, one company you may not have heard of before is SPS Commerce (Nasdaq: SPSC). Its barely grown out of the small-cap category, with a market cap of just $2.7 billion.

SPS Commerce offers supply-chain management software solutions on the cloud. And though its a lesser-known name, its growing like gangbusters earnings-per-share are up 78% annually for the past three years!

This cloud-leveraging company is certainly worth a close look.

One last thing a plug for the cloud-computing consultant I just recommended yesterday in my Green Zone Fortunes newsletter.

This global-leader tech consultant is an expert in all things Digital 2.0, not just the cloud. And Amazon selected this company as a Premier Partner of its market-share leading AWS cloud platform, making it the go-to choice for any company wanting to get onto the cloud.

Frankly, I was shocked to find this company isnt a holding of the Global X Cloud Computer ETF it rates an 87 overall on my Green Zone stock rating model, and my two-year profit target for the stock is 80% above current prices.

Stay tuned! Ill have details for how you can sign up to get that pick and many more in the coming days!

To good profits,

Adam ODell, CMT

Chief Investment Strategist,Money & Markets

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The Top Green Zone Stocks in This Tech Disruptor Sector - Money and Markets

A new report on Healthcare Cloud Computing market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Healthcare Cloud Computing market in tandem with its competitive terrain.

Increasing adoption of cloud computing software in laboratories and hospitals will drive healthcare cloud computing market growth over the coming years. Healthcare cloud computing software tracks patient specific health information for betterment of lives that should boost business growth. Every year numerous amount of administrative and clinical data is obtained from laboratories and hospitals that needs specific software for further health analysis. Thus, growing demand for healthcare cloud computing will further surge revenue size during the forecast timeline. Moreover, rising expense on cloud computing in hospitals should favor healthcare cloud computing industry growth.

Few of the prominent players have introduced specific software that results in easy access to patient data helping healthcare professionals to make corrective and definite actions. As the adoption rate of cloud computing software continues to escalate in diagnostic & imaging hospitals and ambulatory centers this will augment healthcare cloud computing business growth in foreseeable future. Increasing awareness regarding availability of technologically upgraded healthcare cloud computing software in developed and developing economies will boost business growth.

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Healthcare Cloud Computing Market will exceed USD 55 billion by 2025; as per a new research report.

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Clinical information systems segment is estimated to show over 15% CAGR by 2025. Rising demand for evaluating and maintaining raw data generated from physicians will further lead to segment growth. Increase in the demand for health information system that should positively impact the segmental growth.

Software segment was valued around 4.5 billion in 2018 and should witness similar growth trend over the coming years. Advancement in technology and advantages associated with software upgradation drives segment growth. Advantages include reducing operational costs by robust auto-updating mechanism and helping healthcare providers to invest in best treatment decisions should boost business growth.

Rising adoption of digital modernization along with electronic medical records, on the verge of digital transformation in the healthcare industry is highly adopting information centric model. Such software enhances real time data collection that improves more accessibility to data by providing more efficiency and boosts data handling speed. However, concerns over data privacy and security may hold back the business growth.

Public cloud segment will witness more than 15.5% CAGR over the forecast timeframe. The segment growth is attributable to various benefits offered such as scalability, agility and cost savings that drives preference for public cloud thereby, will foster segmental growth.

Hospitals segment was valued around 4 billion in 2018 and will grow significantly during the forecast timeframe. Digital transformation in hospitals through cloud computing will provide better health initiatives that will favor segment growth. Further, hospitals can begin to lay work for IoT technologies and improved data analytics for improved approach among the patients thus, should boost industry growth.

Major Highlights from Table of contents are listed below for quick lookup into Healthcare Cloud Computing Market report

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Healthcare Cloud Computing Industry Insights

Chapter 4. Company Profiles

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Healthcare Cloud Computing Market Sales, Price, Revenue, Gross Margin and Share 2025 - The Research Process

An antenna for a satellite ground station

Amazon

Microsoft is looking to challenge Amazon in offering a service that connects satellites directly to the company's cloud computing network, according to documents the company filed with the Federal CommunicationsCommission last month

The effort shows how the two largest providers of cloud infrastructure data centers in far-flung places that can host websites and run applications with a smorgasbord of computing and storage services regularly seek to one-up each other. That way, the companies can appear ready and willing to meet many of the needs of prospective customers.

Microsoft plans to connect a Spanish imaging satellite to two ground stations both located in Microsoft's home state of Washington to show that it can directly download satellite "data to the Azure Cloud for immediate processing," the FCC documents said. A ground station, sometimes called an earth station, is the vital link for transmitting data to and from satellites in orbit. Microsoft notably proposed to construct one of the two ground stations itself at its data center in Quincy, Wash.

The FCC on Sept. 2 authorized Microsoft to perform proof-of-concept demonstrations of the service. The authorization gives Microsoft a six month license that allows for communications and imagery data downloads. The Spanish satellite, called Deimos-2, was launched into orbit in June 2014. The satellite is operated by a subsidiary of Canadian satellite imagery companyUrtheCast and, for the tests, the Deimos-2 satellite will only be in range of Microsoft's antennas for "just a few minutes."

Microsoft wants to run the demonstrations before, during and after its Ignite conference for IT professionals, which starts on Sept. 22, the company said in a different FCC filing.

"If the demonstrations result in significant market interest, Microsoft will file an application for regular earth station authority with the International Bureau (IB) to support future commercial operations, and that application will include a request for U.S. market access for DEIMOS-2," the company wrote.

Microsoft declined CNBC's request for comment.

An AWS Ground Station satellite antenna at one of the company's data center in Boardman, Oregon.

Amazon

Amazon leads the growing cloud-computing market, with45% in 2019, while Microsoft had about 18%, according to technology industry research company Gartner. Alibaba, Google, Tencent and other cloud providers each had less than 10% share. Microsoft in particularhas a website listing the services available from AWS and its own corresponding offerings, although Ground Station was not listed on the website on Friday. Cloud infrastructure delivers most of Amazon's operating income, and for Microsoft it's growing faster than other prominent areas, such as Windows and commercial subscriptions to the Office 365 productivity bundle.

Microsoft outlined in the filings that, by building a network of ground stations, it wants to show to satellite firms the potential benefits of connecting directly to the company's Azure cloud. But Microsoft's not alone. Its strategymatches closely with the one Amazon outlined in November 2018 when it launched its AWS Ground Station service, pitting the tech giants against each other in a new realm of cloud computing services.

AWS Ground Station was Amazon's first public move into space-related hardware, with the company also establishing itsAerospace and Satellite Solutions division and working on its own space-based internet network called Project Kuiper.The company's ground station network began service this year at two of its first of 12 planned locations. While Amazon has not disclosed all of AWS Ground Station's customers so far, the company has noted the service is being used byNASA's Jet Propulsion Lab and companies such as Capella Space, Spire Global, Maxar Technologies, Myriotaand Thales Alenia Space.

Amazon says that AWS Ground Station can connect with wide range of satellites thatfly both low and medium Earth orbits. The company boasts that AWS Ground Station reduces the time it takes to process and analyze satellite data "from hours to minutes or seconds," with customers saving "up to 80% on the cost" of traditional ground station operations.

CNBC's Jordan Novet contributed to this report.

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Microsoft wants to take on Amazon in connecting satellites to the cloud - CNBC

For all its vast power, cloud computing continues to carry the baggage of security concerns.

Cloud misconfigurations cost companies worldwide up to US$5 trillion in 2018 and 2019. The mass data breaches that make the headlines are symptomatic. A hasty surge in adoption among businesses in 2020 is unlikely to see any turnaround to the cloud security problem soon.

But, when we consider the motivations behind cyberattacks on cloud servers, we might imagine sensitive data to be the most sought prize. A new study by Aqua Security reveals that the majority carry the intent of deploying crypto-mining malware.

The findings were based on tracking and analyzing more than 16,000 attacks on honeypot servers (isolated from a network and used to block or observe hacker activity) between June 2019 and July 2020 the firm noted a 250% year-on-year spike in attacks at the start of the year, indicating an organized strategy.

Aqua Security said that 95% of attacks on the honeypot servers were aimed at mining cryptocurrency. The rest were used for setting DDoS infrastructure.

Our analysis suggests that the threat landscape shifted towards organized cybercrime, which is investing in infrastructure, Aqua said.

And while the majority of the tracked attackers sought to use cloud computing resources to mine crypto, the release adds that the methods used open the door for higher-value targets that leverage security gaps in container software supply chains and runtime environments.

Announcing the report, the research team said they expected a further increase in sophistication and the use of evasion techniques and diversity of attack vectors and objectives since the widespread use of enterprise cloud-native technology makes it a much more lucrative target.

Cryptojacking or attacks where an organizations or individuals computers are surreptitiously used to mine for cryptocurrencies has only really emerged as a major problem in the last couple of years.

The concept picked up pace in 2017 at the height of the cryptocurrency boom when prices peaked and the rewards were very significant. However, the prevalence of these attacks has continued, and the uptick at the beginning of the year could have been spurred by the increasing value of cryptocurrencies including bitcoin.

In 2018, researchers at cloud monitoring and security firm RedLock found AWS infrastructure used by electric carmaker Tesla had been running crypto-mining malware in an extensive yet well-hidden campaign.

Following the discovery, RedLock urged organizations to closely monitor configurations, including deploying tools that can automatically discover resources as soon as they are created, determining the applications running on the resource, and applying appropriate policies based on the resource or application type.

Monitoring network traffic and correlating it with configuration data can also allow for the identification of suspicious network traffic, as well as baselining normal user activities to detect anomalous behavior.

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What's at the root of most cloud attacks? Cryptomining, apparently - TechHQ

The ReportsIntellect has published the obtainability of a new statistical data to its repository titled as Healthcare Cloud Computing market. The report provides useful insights into a wide range of business aspects such as pillars, features, sales strategies, planning models, in order to be enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.

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After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the reports authors in the study. As leading companies take efforts to maintain their dominance in the global Healthcare Cloud Computing market, the right way to do so is by adopting new technologies and strategies. The report highlights major technological developments and changing trends adopted by key companies over a period of time. For a stronger and more stable business outlook, the report on the global market carries key projections that can be practically studied.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Important Key questions answered in Healthcare Cloud Computing market report:

What will the market growth rate, Overview, and Analysis by Type of Healthcare Cloud Computing in 2025?

What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Healthcare Cloud Computing market?

What is Dynamics, This Overview Includes Analysis of Scope and price analysis of top Manufacturers Profiles?

Who Are Opportunities, Risk, and Driving Force of Healthcare Cloud Computing market? Knows Upstream Raw Materials Sourcing and Downstream Buyers.

Who are the key manufacturers in space? Business Overview by Type, Applications, Gross Margin, and Market Share

What are the opportunities and threats faced by manufacturers in the global market?

How insights and forecasts from the reports could benefit you:

About UsReports Intellect is your one-stop solution for everything related to market research and market intelligence. We understand the importance of market intelligence and its need in todays competitive world. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.

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Healthcare Cloud Computing Market Projected to be Resilient During 2025 - SG Research Sphere

The report offers a complete research study of the global Cloud Computing Service Market that includes accurate forecasts and analysis at global, regional, and country levels. It provides a comprehensive view of the global Cloud Computing Service Market and detailed value chain analysis to help players to closely understand important changes in business activities observed across the industry. It also offers a deep segmental analysis of the global Cloud Computing Service market where key product and application segments are shed light upon. Readers are provided with actual market figures related to the size of the global Cloud Computing Service market in terms of value and volume for the forecast period 2020-2026.

The following Companies as the Key Players in the Global Cloud Computing Service Market Research Report are Amazon, Salesforce.com, VMware, Savvis, Rackspace, IBM, Dell, Cisco, Dell EMC, Oracle, NetSuite, Microsoft.

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Covid-19 pandemic affects most industries in the globe. Here at Stats and Reports we offer you comprehensive data of related industry which will help and support your business in all possible ways.

Market Overview of Global Cloud Computing Service

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Software-as-a-Service, Platform-as-a-Service, Infrastructure-as-a-Service.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Private Clouds, Public Clouds, Hybrid Clouds.

Geographically, The Cloud Computing Service market report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering: North America, Europe, China, Japan and others.

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As a part of our Corporate Social Responsibility, we would like to announce that we would be contributing 15 % of our profits to USA, UK, Italy, Spain and India relief fund.

Furthermore, Global Cloud Computing Service Market following points are involved along with a detailed study of each point:

Major Players: The report provides company profiling for a decent number of leading players of the global Cloud Computing Service market. It brings to light their current and future market growth taking into consideration their price, gross margin, revenue, production, areas served, production sites, and other factors.

Cloud Computing Service Market Dynamics: The report shares important information on influence factors, market drivers, challenges, opportunities, and market trends as part of market dynamics.

Global Cloud Computing Service Market Forecast: Readers are provided with production and revenue forecasts for the global Cloud Computing Service market, production and consumption forecasts for regional markets, production, revenue, and price forecasts for the global Cloud Computing Service market by type, and consumption forecast for the global Cloud Computing Service market by application.

Regional Market Analysis: It could be divided into two different sections: one for regional production analysis and the other for regional consumption analysis. Here, the analysts share gross margin, price, revenue, production, CAGR, and other factors that indicate the growth of all regional markets studied in the report.

Cloud Computing Service Market Competition: In this section, the report provides information on Competitive situations and trends including merger and acquisition and expansion, market shares of the top three or five players, and market concentration rate. Readers could also be provided with production, revenue, and average price shares by manufacturers.

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Cloud Computing Service Market

Major Highlights of Cloud Computing Service Market in Covid-19 pandemic covered in report:

Market Competition by key manufacturers in the industry. Discussed Sourcing strategies, industrial chain information and downstream buyers data. Distributors and traders marketing strategy analysis focusing on region wise needs in covid-19 pandemic. Vendors who are providing a wide range of product lines and intensifying the competitive scenario in covid-19 crisis. Also highlights of the key growth sectors of Cloud Computing Service market and how they will perform in coming years.

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** The market is evaluated based on the weighted average selling price (WASP) and includes the taxes applicable to the manufacturer. All currency conversions used in the creation of this report were calculated using a certain annual average rate of 2020 currency conversion.

Crucial points encompassed in the report:

Customization Available

With the given market data, Researchers offer customization according to the companys specific needs. The following customization options are available for the report:

Regional and country-level analysis of the Cloud Computing Service market, by end-use.

Detailed analysis and profiles of additional market players.

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Stats and Reports is a global market research and consulting service provider specialized in offering wide range of business solutions to their clients including market research reports, primary and secondary research, demand forecasting services, focus group analysis and other services. We understand that how data is important in todays competitive environment and thus, we have collaborated with industrys leading research providers who works continuously to meet the ever-growing demand for market research reports throughout the year.

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Cloud Computing Service Market to Witness Astonishing Growth by 2026 | Amazon, Salesforce.com, VMware and more - The Daily Chronicle

The US Treasury Department on Monday (Sep 14) said that the Trump administration will conduct a comprehensive national security review of the agreement that business software and consulting services firm Oracle has reportedly reached with ByteDance Ltd, the Chinese owner of the popular video-sharing app TikTok, The Wall Street Journal reported.

Just one day ahead of the deadline that U.S President Donald Trump set for ByteDance to divest TikToks US operations or risk being blacklisted in America, Beijing-based company confirmed that it has accepted a partnership offer from Oracle on TikToks US operations.

U.S Treasury Secretary Steven Mnuchin confirmed to CNBC that the deal will undergo a review by the Committee on Foreign Investment in the US as well as a national security review under the presidents executive order.

We did get a proposal over the weekend that includes Oracle as the trusted technology partner, with Oracle making many representations for national security issues, Mnuchin said, adding that, theres also a commitment to create TikTok Global as a US-headquartered company with 20,000 new jobs.

A critical factor for us driving national security is making sure the technology on Americans phones is safe and making sure it is not corrupt, Mnuchin said. We have a lot of confidence in both Microsoft and Oracle. Theyve chosen Oracle. Well be reviewing it with their technical teams and our technical teams to see if they can make the representations we need.

We will be reviewing that at the CFIUS committee this week, and then, we will be making a recommendation to the president and reviewing it with him, the treasury secretary added.

It also remains to be seen if Chinese government approval is required to finalise the deal

On 29 August, Chinas ministry of commerce announced that it has added AI interface technologies such as speech and text recognition, and those that analyze data to make personalized content recommendations to a revised list of export-control products. Government permits will be required for overseas transfers to "safeguard national economic security," it said.

The new set of restrictions imposed by Chinese government on the export of artificial intelligence technologies was seen as a setback to ByteDances hopes of quickly completing a deal with suitors for the sale of its US operations of video app TikTok.

Why Oracle wants to partner with TikTok

Under the proposed agreement, Oracle is unlikely to get a majority stake in TikTok but will work with Bytedance to move data on American users of Tiktok to Oracles cloud-computing infrastructure and house that information only in the US.

For the TikTok bid, Oracle has joined forces with venture capital firms including General Atlantic, Sequoia Capital and Coatue Management LLC, who already have a stake in the Chinese firm.

It is also not clear if the Oracle-ByteDance will cover TikToks algorithms which is widely viewed as providing critical edge to the Chinese app.

It is widely believed that close ties of Oracles top leadership with current U.S administration may have influenced Bytedances decision.

Oracles billionaire co-founder Larry Ellison is one of the few US tech executives who has openly supported Trump, though its not clear whether Oracle is White Houses preferred suitor for TikTok. Earlier this year, Ellison hosted a fundraiser at his home for the president. The companys influential Chief Executive Safra Catz served as a part of Trump transition team in 2016 and has donated to his re-election campaign.

Till yesterdays surprise announcement, Microsoft was generally viewed as the front-runner in the race to acquire TikToks US operations but the company released a statement on Sunday saying that it is no longer in contention. Retail behemoth Walmart had also announced that it is partnering with Microsoft in its bid for the US operation of TikTok.

ByteDance let us know today they would not be selling TikToks US operations to Microsoft, and adding, we are confident our proposal would have been good for TikToks users, while protecting national security interests. a company statement read.

Oracle has long been a trusted vendor of database and storage solutions for enterprises but was a relatively late entrant to the cloud market. Its attempt to transition from legacy vendor of enterprise software licences to cloud computing has faced several challenges

It has recently accelerated its efforts to challenge the cloud leaders including Amazon and Microsoft.

With Oracle recently becoming the cloud provider for Zoom Video Communications Inc, TikTok deal is sure to give company further momentum in the cloud computing space.

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With TikTok Deal, Larry Ellison Signals That Oracles Cloud Computing Ambitions Are No Longer A Pie In The Sky - Swarajya

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By Key Players:Amazon Web Services, Microsoft Azure, IBM, Aliyun, Google Cloud Platform, Salesforce, Rackspace, SAP, Oracle, Vmware, DELL, EMC

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Regions & Top Countries Data Covered in this Report are:Asia-Pacific (China, Southeast Asia, India, Japan, Korea, Western Asia), Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland), North America (United States, Canada, Mexico), Middle East & Africa (GCC, North Africa, South Africa) , South America (Brazil, Argentina, Columbia, Chile, Peru).

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Cloud Computing Market By Type:

Software as a Service (SaaS)Platform as a Service (PaaS)Infrastructure as a Service (IaaS)

Cloud Computing Market By Application:

GovernmentSmall and Medium enterpriseLarge enterprise

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North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Cloud Computing industry.

Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Cloud Computing industry.

Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, Brazil, Mexico, Argentina, Colombia, Chile, Peru) market size (sales, revenue and growth rate) of Cloud Computing industry.

Different types and applications of Cloud Computing industry, market share of each type and application by revenue.

Global market size (sales, revenue) forecast by regions and countries from 2020 to 2026 of Cloud Computing industry.

Upstream raw materials and manufacturing equipment, downstream major consumers, industry chain analysis of Cloud Computing industry.

Key drivers influencing market growth, opportunities, the challenges and the risks analysis of Cloud Computing industry.

New Project Investment Feasibility Analysis of Cloud Computing industry.

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Table of Content:

Industry Overview of Cloud Computing

Major Manufacturers Analysis of Cloud Computing

Global Price, Sales and Revenue Analysis of Cloud Computing by Regions, Manufacturers, Types and Applications

North America Sales and Revenue Analysis of Cloud Computing by Countries

Europe Sales and Revenue Analysis of Cloud Computing by Countries

Asia Pacific Sales and Revenue Analysis of Cloud Computing by Countries

Latin America Sales and Revenue Analysis of Cloud Computing by Countries

Middle East & Africa Sales and Revenue Analysis of Cloud Computing by Countries

Global Market Forecast of Cloud Computing by Regions, Countries, Manufacturers, Types and Applications

Industry Chain Analysis of Cloud Computing

New Project Investment Feasibility Analysis of Cloud Computing

Conclusion of the Global Cloud Computing Industry Market Professional Survey 2020

Appendix

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Cloud Computing Market 2019 Share Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2024 - The Market Chronicles