Category Archives: Cloud Computing
12 Risks, Threats, & Vulnerabilities in Moving to the Cloud
Organizations continue to develop new applications in or migrate existing applications to cloud-based services. The federal government recently made cloud-adoption a central tenet of its IT modernization strategy. An organization that adopts cloud technologies and/or chooses cloud service providers (CSP)s and services or applications without becoming fully informed of the risks involved exposes itself to a myriad of commercial, financial, technical, legal, and compliance risks. In this blog post, we outline 12 risks, threats, and vulnerabilities that organizations face when moving application or data to the cloud. In our follow-up post, Best Practices for Cloud Security, we explore a series of best practices aimed at helping organizations securely move data and applications to the cloud.
We would like to note that the threats and vulnerabilities involved in migrating to the cloud are ever-evolving, and the ones listed here are by no means exhaustive. It is important to consider other challenges and risks associated with cloud adoption specific to their missions, systems, and data.
The National Institute of Standards and Technology (NIST) cloud model provides a definition of cloud computing and how it can be used and deployed.
NIST identifies the following characteristics and models for cloud computing:
Cloud Computing Threats, Risks, and Vulnerabilities
Cloud environments experience--at a high level--the same threats as traditional data center environments; the threat picture is the same. That is, cloud computing runs software, software has vulnerabilities, and adversaries try to exploit those vulnerabilities. However, unlike information technology systems in a traditional data center, in cloud computing, responsibility for mitigating the risks that result from these software vulnerabilities is shared between the CSP and the cloud consumer. As a result, consumers must understand the division of responsibilities and trust that the CSP meets their responsibilities. Based on our literature searches and analysis efforts, the following list of cloud-unique and shared cloud/on-premise vulnerabilities and threats were identified. The figure below also details the threat picture for cloud computing platforms.
Cloud-Unique Threats and Risks
The following vulnerabilities are a result of a CSP's implementation of the five cloud computing characteristics. These vulnerabilities do not exist in classic IT data centers.
#1 Consumers Have Reduced Visibility and Control. When transitioning assets/operations to the cloud, organizations lose some visibility and control over those assets/operations. When using external cloud services, the responsibility for some of the policies and infrastructure moves to the CSP.
The actual shift of responsibility depends on the cloud service model(s) used, leading to a paradigm shift for agencies in relation to security monitoring and logging. Organizations need to perform monitoring and analysis of information about applications, services, data, and users, without using network-based monitoring and logging, which is available for on-premises IT.
#2 On-Demand Self Service Simplifies Unauthorized Use. CSPs make it very easy to provision new services. The on-demand self-service provisioning features of the cloud enable an organization's personnel to provision additional services from the agency's CSP without IT consent. The practice of using software in an organization that is not supported by the organization's IT department is commonly referred to as shadow IT.
Due to the lower costs and ease of implementing PaaS and SaaS products, the probability of unauthorized use of cloud services increases. However, services provisioned or used without IT's knowledge present risks to an organization. The use of unauthorized cloud services could result in an increase in malware infections or data exfiltration since the organization is unable to protect resources it does not know about. The use of unauthorized cloud services also decreases an organization's visibility and control of its network and data.
#3 Internet-Accessible Management APIs can be Compromised. CSPs expose a set of application programming interfaces (APIs) that customers use to manage and interact with cloud services (also known as the management plane). Organizations use these APIs to provision, manage, orchestrate, and monitor their assets and users. These APIs can contain the same software vulnerabilities as an API for an operating system, library, etc. Unlike management APIs for on-premises computing, CSP APIs are accessible via the Internet exposing them more broadly to potential exploitation.
Threat actors look for vulnerabilities in management APIs. If discovered, these vulnerabilities can be turned into successful attacks, and organization cloud assets can be compromised. From there, attackers can use organization assets to perpetrate further attacks against other CSP customers.
#4 Separation Among Multiple Tenants Fails. Exploitation of system and software vulnerabilities within a CSP's infrastructure, platforms, or applications that support multi-tenancy can lead to a failure to maintain separation among tenants. This failure can be used by an attacker to gain access from one organization's resource to another user's or organization's assets or data. Multi-tenancy increases the attack surface, leading to an increased chance of data leakage if the separation controls fail.
This attack can be accomplished by exploiting vulnerabilities in the CSP's applications, hypervisor, or hardware, subverting logical isolation controls or attacks on the CSP's management API. To date, there has not been a documented security failure of a CSP's SaaS platform that resulted in an external attacker gaining access to tenants' data.
No reports of an attack based on logical separation failure were identified; however, proof-of-concept exploits have been demonstrated.
#5 Data Deletion is Incomplete. Threats associated with data deletion exist because the consumer has reduced visibility into where their data is physically stored in the cloud and a reduced ability to verify the secure deletion of their data. This risk is concerning because the data is spread over a number of different storage devices within the CSP's infrastructure in a multi-tenancy environment. In addition, deletion procedures may differ from provider to provider. Organizations may not be able to verify that their data was securely deleted and that remnants of the data are not available to attackers. This threat increases as an agency uses more CSP services.
Cloud and On-Premise Threats and Risks
The following are risks that apply to both cloud and on-premise IT data centers that organizations need to address.
#6 Credentials are Stolen. If an attacker gains access to a user's cloud credentials, the attacker can have access to the CSP's services to provision additional resources (if credentials allowed access to provisioning), as well as target the organization's assets. The attacker could leverage cloud computing resources to target the organization's administrative users, other organizations using the same CSP, or the CSP's administrators. An attacker who gains access to a CSP administrator's cloud credentials may be able to use those credentials to access the agency's systems and data.
Administrator roles vary between a CSP and an organization. The CSP administrator has access to the CSP network, systems, and applications (depending on the service) of the CSP's infrastructure, whereas the consumer's administrators have access only to the organization's cloud implementations. In essence, the CSP administrator has administration rights over more than one customer and supports multiple services.
#7 Vendor Lock-In Complicates Moving to Other CSPs. Vendor lock-in becomes an issue when an organization considers moving its assets/operations from one CSP to another. The organization discovers the cost/effort/schedule time necessary for the move is much higher than initially considered due to factors such as non-standard data formats, non-standard APIs, and reliance on one CSP's proprietary tools and unique APIs.
This issue increases in service models where the CSP takes more responsibility. As an agency uses more features, services, or APIs, the exposure to a CSP's unique implementations increases. These unique implementations require changes when a capability is moved to a different CSP. If a selected CSP goes out of business, it becomes a major problem since data can be lost or cannot be transferred to another CSP in a timely manner.
#8 Increased Complexity Strains IT Staff. Migrating to the cloud can introduce complexity into IT operations. Managing, integrating, and operating in the cloud may require that the agency's existing IT staff learn a new model. IT staff must have the capacity and skill level to manage, integrate, and maintain the migration of assets and data to the cloud in addition to their current responsibilities for on-premises IT.
Key management and encryption services become more complex in the cloud. The services, techniques, and tools available to log and monitor cloud services typically vary across CSPs, further increasing complexity. There may also be emergent threats/risks in hybrid cloud implementations due to technology, policies, and implementation methods, which add complexity. This added complexity leads to an increased potential for security gaps in an agency's cloud and on-premises implementations.
#9 Insiders Abuse Authorized Access. Insiders, such as staff and administrators for both organizations and CSPs, who abuse their authorized access to the organization's or CSP's networks, systems, and data are uniquely positioned to cause damage or exfiltrate information.
The impact is most likely worse when using IaaS due to an insider's ability to provision resources or perform nefarious activities that require forensics for detection. These forensic capabilities may not be available with cloud resources.
#10 Stored Data is Lost. Data stored in the cloud can be lost for reasons other than malicious attacks. Accidental deletion of data by the cloud service provider or a physical catastrophe, such as a fire or earthquake, can lead to the permanent loss of customer data. The burden of avoiding data loss does not fall solely on the provider's shoulders. If a customer encrypts its data before uploading it to the cloud but loses the encryption key, the data will be lost. In addition, inadequate understanding of a CSP's storage model may result in data loss. Agencies must consider data recovery and be prepared for the possibility of their CSP being acquired, changing service offerings, or going bankrupt.
This threat increases as an agency uses more CSP services. Recovering data on a CSP may be easier than recovering it at an agency because an SLA designates availability/uptime percentages. These percentages should be investigated when the agency selects a CSP.
#11 CSP Supply Chain is Compromised. If the CSP outsources parts of its infrastructure, operations, or maintenance, these third parties may not satisfy/support the requirements that the CSP is contracted to provide with an organization. An organization needs to evaluate how the CSP enforces compliance and check to see if the CSP flows its own requirements down to third parties. If the requirements are not being levied on the supply chain, then the threat to the agency increases.
This threat increases as an organization uses more CSP services and is dependent on individual CSPs and their supply chain policies.
#12 Insufficient Due Diligence Increases Cybersecurity Risk. Organizations migrating to the cloud often perform insufficient due diligence. They move data to the cloud without understanding the full scope of doing so, the security measures used by the CSP, and their own responsibility to provide security measures. They make decisions to use cloud services without fully understanding how those services must be secured.
Wrapping Up and Looking Ahead
It is important to remember that CSPs use a shared responsibility model for security. The CSP accepts responsibility for some aspects of security. Other aspects of security are shared between the CSP and the consumer. Finally, some aspects of security remain the sole responsibility of the consumer. Effective cloud security depends on knowing and meeting all consumer responsibilities. Consumers' failure to understand or meet their responsibilities is a leading cause of security incidents in cloud-based systems.
In this blog post, we have identified five cloud-unique and seven cloud and on-premises threats that organizations face as they consider migrating their data and assets to the cloud. In the next post in this series, we will explore a series of best practices aimed at helping organizations securely move data and applications to the cloud.
Additional Resources
Read the next post in this series, Best Practices for Cloud Security.
For more information about cloud computing security, please visit the following sites:
The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.
The Cloud Security Alliance works to promote the use of best practices for providing security assurance within Cloud Computing, and provide education on the uses of Cloud Computing to help secure all other forms of computing
The European Union Agency for Network and Information Security (ENISA)'s page on cloud security.
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12 Risks, Threats, & Vulnerabilities in Moving to the Cloud
What is Cloud Computing? | Oracle South Africa
There are three types of clouds: public, private, and hybrid. Each type requires a different level of management from the customer and provides a different level of security.
In a public cloud, the entire computing infrastructure is located on the premises of the cloud provider, and the provider delivers services to the customer over the internet. Customers do not have to maintain their own IT and can quickly add more users or computing power as needed. In this model, multiple tenants share the cloud providers IT infrastructure.
A private cloud is used exclusively by one organization. It could be hosted at the organizations location or at the cloud providers data center. A private cloud provides the highest level of security and control.
As the name suggests, a hybrid cloud is a combination of both public and private clouds. Generally, hybrid cloud customers host their business-critical applications on their own servers for more security and control, and store their secondary applications at the cloud providers location.
The main difference between hybrid cloud and multicloud is the use of multiple cloud computing and storage devices in a single architecture.
There are three main types of cloud services: software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). Theres no one-size-fits-all approach to cloud; its more about finding the right solution to support your business requirements.
SaaS is a software delivery model in which the cloud provider hosts the customers applications at the cloud providers location. The customer accesses those applications over the internet. Rather than paying for and maintaining their own computing infrastructure, SaaS customers take advantage of subscription to the service on a pay-as-you-go basis.
Many businesses find SaaS to be the ideal solution because it enables them to get up and running quickly with the most innovative technology available. Automatic updates reduce the burden on in-house resources. Customers can scale services to support fluctuating workloads, adding more services or features they grow. A modern cloud suite provides complete software for every business need, including customer experience, customer relationship management, customer service, enterprise resource planning, procurement, financial management, human capital management, talent management, payroll, supply chain management, enterprise planning, and more.
PaaS gives customers the advantage of accessing the developer tools they need to build and manage mobile and web applications without investing inor maintainingthe underlying infrastructure. The provider hosts the infrastructure and middleware components, and the customer accesses those services via a web browser.
To aid productivity, PaaS solutions need to have ready-to-use programming components that allow developers to build new capabilities into their applications, including innovative technologies such as artificial intelligence (AI), chatbots, blockchain, and the Internet of Things (IoT). The right PaaS offering also should include solutions for analysts, end users, and professional IT administrators, including big data analytics, content management, database management, systems management, and security.
IaaS enables customers to access infrastructure services on an on-demand basis via the internet. The key advantage is that the cloud provider hosts the infrastructure components that provide compute, storage, and network capacity so that subscribers can run their workloads in the cloud. The cloud subscriber is usually responsible for installing, configuring, securing, and maintaining any software on the cloud native solutions, such as database, middleware, and application software.
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What is Cloud Computing? | Oracle South Africa
Cloud Computing in Automotive Market : Qualitative And Quantitative Research Incorporating Impact Of Economic And Non-Economic Aspects | Intellias…
The Cloud Computing in Automotive industry world over has witnessed positive growth and is projected to record considerable growth. However, the market is grappled with several challenges and uncertainties due to pandemic and other market factors. But at the same time, there exist multiple opportunities the market players can look at. This report on global Cloud Computing in Automotive market gives a comprehensive view of all market influencing factors including challenges and opportunities ahead. The report covers all the topics of the market that are sometimes inaccessible to market players. Furthermore, the report gives better understanding of competitive environment that exist in the Cloud Computing in Automotive industry at local and global level.
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Global cloud computing in automotive market was estimated to be US$ 5.05 billion in 2020 and is anticipated to reach US$ 19.28 billion by 2030, growing at an estimated CAGR of 16.2% over the forecast period. The major players operating in the cloud computing in automotive market include Amazon Web Services, Inc. or its affiliates, Intellias Ltd. Microsoft Azure, and Google Cloud Platform, and other market participants.
New vendors in the market are facing tough competition from established international vendors as they struggle with technological innovations, reliability and quality issues. The report will answer questions about the current market developments and the scope of competition, opportunity cost and more.
The Cloud Computing in Automotive report explains market analysis based on regional, local as well as global level. The Global Cloud Computing in Automotive market report endows with the basic information about industry, definition, classification, application, industry chain structure, industry overview and international market analysis. The research studies of this Cloud Computing in Automotive report helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share. It is a comprehensive and proficient report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis.
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Industry Trends
The application of cloud computing makes the automotive sector and its data processing and storage safer, faster and better. Stiff competition coupled with novel technological changes has aided the demand for cloud computing in automotive market in the recent past and is expected to continue a similar trend over the next eight years.
Highlights of the Global Cloud Computing in Automotive Market Report:
Cloud Computing in Automotive Market:
Cloud Computing in Automotive Market: By Offerings
Cloud Computing in Automotive Market: By Technology
Cloud Computing in Automotive Market: By Application
Cloud Computing in Automotive Market: By Region
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Cloud Computing in Automotive Market : Qualitative And Quantitative Research Incorporating Impact Of Economic And Non-Economic Aspects | Intellias...
Should You Invest in the First Trust Cloud Computing ETF (SKYY)? – Yahoo Finance
The First Trust Cloud Computing ETF (SKYY) was launched on 05/27/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Cloud Computing segment of the equity market.
An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Cloud Computing is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 6, placing it in top 38%.
Index Details
The fund is sponsored by First Trust Advisors. It has amassed assets over $6.87 billion, making it one of the largest ETFs attempting to match the performance of the Technology - Cloud Computing segment of the equity market. SKYY seeks to match the performance of the ISE Cloud Computing Index before fees and expenses.
This Index is a modified equal dollar weighted index designed to track the performance of companies actively involved in the cloud computing industry.
Costs
Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.
Annual operating expenses for this ETF are 0.60%, making it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 0.15%.
Sector Exposure and Top Holdings
It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation in the Information Technology sector--about 84.70% of the portfolio. Telecom and Consumer Discretionary round out the top three.
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Looking at individual holdings, Digitalocean Holdings, Inc. (DOCN) accounts for about 5% of total assets, followed by Oracle Corporation (ORCL) and Mongodb, Inc. (MDB).
The top 10 holdings account for about 36.18% of total assets under management.
Performance and Risk
Year-to-date, the First Trust Cloud Computing ETF has gained about 24.73% so far, and is up roughly 40.22% over the last 12 months (as of 11/08/2021). SKYY has traded between $80.15 and $117.96 in this past 52-week period.
The ETF has a beta of 0.97 and standard deviation of 26.30% for the trailing three-year period, making it a medium risk choice in the space. With about 67 holdings, it effectively diversifies company-specific risk.
Alternatives
First Trust Cloud Computing ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, SKYY is an excellent option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.
WisdomTree Cloud Computing ETF (WCLD) tracks BVP NASDAQ EMERGING CLOUD INDEX and the Global X Cloud Computing ETF (CLOU) tracks INDXX GLOBAL CLOUD COMPUTING INDEX. WisdomTree Cloud Computing ETF has $1.42 billion in assets, Global X Cloud Computing ETF has $1.51 billion. WCLD has an expense ratio of 0.45% and CLOU charges 0.68%.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportFirst Trust Cloud Computing ETF (SKYY): ETF Research ReportsOracle Corporation (ORCL) : Free Stock Analysis ReportMongoDB, Inc. (MDB) : Free Stock Analysis ReportGlobal X Cloud Computing ETF (CLOU): ETF Research ReportsWisdomTree Cloud Computing ETF (WCLD): ETF Research ReportsDigitalOcean Holdings, Inc. (DOCN) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
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Should You Invest in the First Trust Cloud Computing ETF (SKYY)? - Yahoo Finance
The 3 biggest challenges of SASE in hybrid cloud environments – CSO Online
Despite all the promises of secure access service edge (SASE), some challenges lie ahead for organizations looking to adopt and implement SASE technologies and practices in a hybrid cloud environment. These include driving the required organizational change to make this paradigm shift, aligning responsibilities appropriately and ensuring you choose the right vendors and products to support your desired outcomes.
Hybrid cloud environments inevitably warrant a new approach to cybersecurity, including new tools and practices, and that is where SASE comes in. Many IT and security professionals will argue that there is nothing new about SASE or that it is essentially a consolidation of existing tools, technologies, and practices. There is some truth to this perspective but in many ways, consolidation and integration of disparate capabilities and methodologies is a form of innovation in itself.
SASE began gaining momentum around 2019 with organizations such as Gartner as the future of network security for cloud computing. Gartner also predicts that by 2024 40% of organizations will have a strategy to adopt SASE.
SASE is largely considered to be the consolidation of various security tools and methodologies such as cloud access security brokers (CASBs), firewalls-as-a-service and zero trust, each of which come with their own nuance and complexity. So why the push for SASE? In part, to consolidate the rapidly growing list of tools and methods used to secure cloud-native environments, but also to realize the benefits of the approach of SASE and its associated security model. Those include improved security, enabling zero trust, resilience, and reduced complexity.
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The 3 biggest challenges of SASE in hybrid cloud environments - CSO Online
Microsoft to further expand cloud services in China – Chinadaily USA
Makoto Kimura, left, president of Sony Semiconductor Solutions (Shanghai) Ltd, and Joe Bao, president of Microsoft China, shake hands in Shanghai, on Nov 5, 2021. [Photo provided to China Daily]
Microsoft Corp is bullish on the Chinese cloud computing market, as the US tech giant is committed to helping both multinationals come to China and Chinese companies go global, a company executive said.
The comments came as Microsoft is scheduled to bring a new data center online in China in the spring of 2022. Once the expansion is completed, the capacity of Microsoft's cloud computing in China will have been boosted by 12 times since 2014.
Joe Bao, president of Microsoft China, said the company's local cloud computing customers and partners are growing rapidly. "We really think that we have an opportunity to grow faster (in China) than Microsoft in the rest of the world."
On top of laying down a sound cloud infrastructure and perfecting its cloud solutions, Microsoft has also been working hard to build on industry expertise to better serve customers, he said.
The senior executive did not disclose the specific revenue growth target for its cloud computing business in China. But the latest financial report from Microsoft showed that in the September quarter, its global intelligent cloud revenue hit $16.96 billion, up 31 percent year-over-year.
Data from market research company Canalys showed that Microsoft accounted for 21 percent of global cloud infrastructure services spend in the third quarter of 2021. Growing over 50 percent for a fifth consecutive quarter, Microsoft Azure was the second largest cloud service provider, second only to Amazon Web Services.
Charlie Dai, a principal analyst at Forrester, a business strategy and economic consultancy, said Microsoft was the first global vendor to commercialize its public cloud operations in China, and it has sustained its local expansion by efforts that include continuing to focus on industry cloud service customizations.
The intensified push to tap into the cloud computing market is part of a three-year plan unveiled in June by Microsoft China, which sees strong opportunities in accelerated digital transformation in the world's second-largest economy.
"China's swift and determined response to the COVID-19 pandemic, and the continued diligence that China has to keep the pandemic in check, have allowed the nation to recover and return to growth faster than other nations in the world," Bao said.
Microsoft is excited about its business in China in areas including remote collaboration and hybrid work, leveraging digital intelligence to boost business resilience and sustainable development, the executive said.
At the fourth China International Import Expo being held offline in Shanghai on Nov 5-10, Microsoft announced its cooperation with SGS China to launch S-Carbon, the world's first-ever dual-standard intelligent cloud carbon management platform, based on Microsoft's cloud computing platform Azure. SGS is a world-renowned company specializing in carbon inventory and audit.
Seeing the big potential of leveraging digital innovation in boosting China's healthcare industry, Microsoft and Johnson & Johnson, a leading world healthcare company, announced over the weekend that they will deepen cooperation in the Chinese market.
Apart from seeing China as an important market, Microsoft is also stepping up its push to help nurture local innovation by hiring more people, and partnering with local universities.
In late October, Microsoft Asia-Pacific Research and Development Group announced it will start constructing the third phase of its research institute in Suzhou Industrial Park in Suzhou, Jiangsu province, in 2022.
The project is expected to be finished by 2025. By then, the number of Microsoft's employees in Suzhou is forecast to reach 5,000, from the current number of more than 2,000, said the Suzhou Industrial Park. "We are committed to fostering local innovation, promoting joint innovation with our partners and helping bring China's homegrown innovation to the outside world," Bao said.
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Microsoft to further expand cloud services in China - Chinadaily USA
Global Cloud Computing for Business Operations Market 2021 Supply Chain Analysis, Structure, Industry Inspection, and Forecast 2026 – Energy Siren
MarketQuest.biz recently published a new informative report entitled Global Cloud Computing for Business Operations Market 2021 by Company, Regions, Type and Application, Forecast to 2026 that helps shape business futures by making informed business decisions. The report includes an overview and deep study of factors that are considered to have greater influence over the future course of the global Cloud Computing for Business Operations market such as market size, market share, different dynamics of the industry, market companies, regional analysis of the domestic markets, value chain analysis. The report summarizes and defines the impact of the external factors which are affecting the growth and revenues of the market in the predicted forecast period from 2021 to 2026.
The study also talks about crucial pockets of the industry such as products or services offered, downstream fields, end using customers, historic data figures regarding revenue and sales, market context, and more. Global Cloud Computing for Business Operations market-leading key players have been profiled to gain better insights into the businesses. It provides detailed extensions to various high-level industries operating in global regions. The section also contains informative data such as an overview of the company, and its market share, company profiles, and some key strategies implemented by key players for their business growth.
NOTE: Consumer behaviour has changed within all sectors of the society amid the COVID-19 pandemic. Industries on the other hand will have to restructure their strategies in order to adjust with the changing market requirements. This report offers you an analysis of the COVID-19 impact on the Cloud Computing for Business Operations market and will help you in strategising your business as per the new industry norms.
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Top key players profiled in the report include:
Market Trends And Dynamics:
Competitive Landscape:
On the basis of type and applications, the entrance of new products and research involved in the growth of innovative products is one of the major aspects which is expected to have an influence on the market. The report reveals information about the sales and market growth of different markets regionally and nationally. This study aims to recommend an analysis of the market with regards to growth trends, prospects, and players contribution to the market development. The report also tracks product and services demand growth forecasts for the market. A regional study of the global Cloud Computing for Business Operations industry is also carried out.
On the basis of product, we research the production, revenue, price, market share, and growth rate, primarily split into
Market segment by applications can be divided into:
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Global Cloud Computing for Business Operations Market 2021 Supply Chain Analysis, Structure, Industry Inspection, and Forecast 2026 - Energy Siren
Global Cloud Computing for Business Operations Market Assessment 2021-2028| Industry Size, Share and Top Key Players: Amazon Web Services, Microsoft…
Global Cloud Computing for Business Operations Market is a latest research study released by QY Reports evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides crucial statistics on the market status of the leading Cloud Computing for Business Operations market players and offers information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Cloud Computing for Business Operations Market. The report uses effective graphical presentation techniques, such as graphs, charts, tables as well as pictures for better understanding.
Key Players Profiled in the Cloud Computing for Business Operations Market Report are as follows: Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Red Hat , SAP Cloud Platform, Kamatera, VMware, Oracle Cloud, Salesforce Cloud, Cisco Systems, Verizon Cloud, HPE Cloud, ServiceNow, Alibaba Cloud, DigitalOcean, CenturyLink, Workday, CloudSigma, Adobe Cloud,
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The Global Cloud Computing for Business Operations Market report inspects the financial standing of the leading companies, which includes gross profit, revenue generation, volume, sales revenue, individual growth rate and other financial ratios. It explains different verticals which are examined for a better understanding of the market clearly. The report is supported by significant economic facts. To present the data accurately, the study also makes use of effective graphical presentation techniques such as tables, charts, graphs, and pictures. The report further highlights recent trends, tools and technology platforms that contribute to enhance the performance of the companies.
This report is a believable source for gaining the market research that will exponentially accelerate your business. Additionally, it presents new task SWOT examination, speculation attainability investigation, and venture return investigation. The research report thoroughly explains each and every aspect related to the Global Cloud Computing for Business Operations Market, which facilitates the reports reader to study and evaluate the upcoming market trend and execute the analytical data to promote the business. The study has been conducted for 5 geographic regions: North America, Latin America, Europe, Middle East and Africa (MEA), and Asia-Pacific.
Cloud Computing for Business Operations Market Segmentation:
The Cloud Computing for Business Operations market report has classified the market into segments including product type, and application. Every segment is evaluated based on share and growth rate. Besides, the analysts have studied the potential regions that may prove rewarding for the manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall industry.
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Global Cloud Computing for Business Operations Market Report Summary:
The report studies the contemporary market to forecast the growth prospects, challenges, opportunities, risks, threats, and the trends observed in the market that can either drive or restrain the growth rate of the industry. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.
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Cloud Computing Optical Component Market 2021: Applications, Market Assessments, Key Players Analysis, Trends, And Forecasts To 2027 – Energy Siren
Cloud Computing Optical Component Market 2021: Applications, Market Assessments, Key Players Analysis, Trends, And Forecasts To 2027
The Cloud Computing Optical Component market study is that the analyzed report which incorporates a close study of the market. The analysis also provides the market trends, market shares, revenue, competitors, and also estimates the marketplace for organizations around the world. Every segment is thoroughly studied to administer buyers and stakeholders a more realistic picture. The research offers a full study of the worth chain to present a holistic picture of the Keyword industry. The industry participants, from staple suppliers to end-users, are thoroughly examined during a value chain study, primary and secondary research was wont to produce market estimates and predictions report includes forecasts supported detailed research further as an estimate of the industrys evolution supported previous studies. The research gives intensive market research for the time into account. The market is split into various segments, each of which incorporates an in-depth study of the competition likewise as an inventory of the most important players.
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Major Key Players Included in this report are:
Top manufacturers, revenue, and price, similarly as industry sales channels, traders, and dealers, distributors, research findings, company strengths, and innovations. The size, growth, supply, demand, share, innovations, and current developments of every segment. A well-prepared business report also recommends corrective steps if the corporate fails to satisfy its goals. It portrays a grim image of upcoming company sector openings and market components.
Cloud Computing Optical Component Market Segmentation
In this marketplace evaluation, the market marketplace has been divided into many segments, along with product kind, software, quit-client, and geography. Every market section is classed in phrases of CAGR, marketplace percentage, and future growth capability. The local analysis within the features a have a look at identifies a promising area this is often projected to produce opportunities inside the world market within the subsequent years. This segmented analysis will gain readers, stakeholders, and enterprise individuals in acquiring an in-depth perspective of the worldwide marketplace and its boom ability within the following years.
Cloud Computing Optical Component Market Report Scope
Cloud Computing Optical Component Market Segmentation, By Type
Cloud Computing Optical Component Market Segmentation, By Application
Competitive Scenario
The study illuminates the aggressive environment of the market marketplace, helping readers to appreciate competitiveness on each neighborhood and Celsius scale. Market researchers have additionally forecasted every international marketplace chiefs destiny prospects, considering vital factors which include running areas, production, and products variety. From development to boost, the firm profile covers all of the first areas of the market. The market is extremely well investigated in terms of product contributions, main financial issues, SWOT evaluation, improvements, and methodologies.
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Regional Overview
The fundamental and secondary drivers of global business, as well as the top economies, market share, trends, and regional market conditions, are all examined in this report. A complete analysis of value and volume at the global, business, and regional levels is included in the global Cloud Computing Optical Component market study. In a similar vein, the study estimates the global market size based on historical data and projected outcomes.
Regional Coverage
Table of Contents -Major Key Points
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Cloud Computing Optical Component Market 2021: Applications, Market Assessments, Key Players Analysis, Trends, And Forecasts To 2027 - Energy Siren
Why a Wider Net is Now Needed to Find the Right Software Engineer – Entrepreneur
Opinions expressed by Entrepreneur contributors are their own.
Over the past two years, the world has evolved to a new normal after the COVID-19 pandemic paralyzed or otherwise destabilized economies, including governments closing down economic systems through strict measures. From the cessation of international flights to the enforcement of lockdowns, businesses had to close their premises and employees had to transition to working from home. As a result, browsing traffic and the use of other online tools (such as video conferencing and streaming services) shot up drastically with a corollary increase in traffic for IT firms and cloud computing. Every firm geared up to hire more IT specialists to boost capacity to handle demand. According to the economic data analytics advisors, Emsi, cloud computing job postings grew more than 90% between 2017 and 2020 a whopping four times more than the overall tech job growth! Neo4j Inc., a cloud database company, almost doubled its employees during the pandemic.
It follows that getting hold of the best cloud computing talent is imperative for such IT companies to stay competitive, but it hasn't been easy; theres an acute shortage of cloud-computing engineers, largely due to the high demand.
Related: Cloud Computing Will Be a Goldmine in the Post Covid-Era
Competition for top talent in cloud computing is not only happening among talented engineers but also at the top executive levels of some of the biggest IT firms in the industry. Microsoft recently hired former Amazon senior vice president, Charlie Bell, further compounding the rivalry between the two tech giants. Last year, Amazon also saw its former vice president of marketing, Brian Hall, join Google's cloud unit.
It is also increasingly difficult for IT firms to retain individuals with cloud computing skills. Most software engineers quickly get two or three strong offers with great deals on the table, including very competitive salaries. In a move to retain their workforces, some companies in Washington state a key business storefront for various technology giants, including Amazon and Microsoft, and with large cloud development centers have had to enforce non-compete agreements that bar employees from joining or accepting offers from competing firms.
It can be quite difficult to compete with large firms in this realm if you're a small to mid-sized company, but there might be a solution silver to this dilemma: outsource help from nearshore software development companies (nearshore referring to countries in relatively close proximity), and perhaps accrue additional benefits in the process.
First, working with a software company from a nearby country (for U.S. businesses, English-speaking Latin America is a good place to start) widens the net, meaning you'll expand a potential employee base and increase the chances of getting top-notch talent. Nearshoring also means that a business can greatly reduce (or eliminate) software operation costs. Having such an outsourcing team in the same time zone also means traveling back and forth for in-person project meetings will be a relatively easy proposition.
Related: The Most Popular Countries for Low-Cost Software Development Outsourcing
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Why a Wider Net is Now Needed to Find the Right Software Engineer - Entrepreneur