Category Archives: Cloud Computing
19 Cloud Computing Statistics That Will Keep You Awake at Night – Hashed Out by The SSL Store
Cloud adoption rates are increasing by the day as more businesses take advantage of everything the cloud has to offer. But along with the benefits the cloud offers, it also brings increasing security risks. Heres a list of 19 cloud adoption and security statistics you should know in 2021 and beyond
As kids, its fun to lay outside with family or friends and stare up at the sky. You look for fun and exciting shapes and characters in the clouds. But as adults, particularly those working in IT security for enterprises, we look to clouds in a different way both as a source of scalable storage and as a means of delivering services in our digital world. This is particularly true when it comes to increasing remote work requirements since Covid-19 first reared its ugly head nearly two years ago.
However, as you know, the cloud has its ups and downs when it comes to security and usages. Thats why weve put together a list of 19 attention-grabbing cloud computing statistics this will cover data relating to cloud adoption, cloud security, and other informative statistics.
Lets hash it out.
When it comes to cloud adoption, you must decide whether its better for your business to use a single cloud provider or work with multiple cloud providers. Part of this decision entails choosing whether to use in-house resources (on-prem), cloud, or perhaps a hybrid approach.
Theres no right or wrong answer that decision is something you must determine the answer to based on factors that include your budget, needs, and in-house resources (including personnel).
Data from Flexeras 2021 State of the Cloud Report shows that nine in 10 enterprises are taking a multi-cloud strategy approach. Within that group, more than 80% of enterprises report having a hybrid cloud strategy in place.
Organizations that have multi-cloud strategies are less likely to be dependent upon individual vendors. Gartners 4 Trends Impacting Cloud Adoption in 2020 report shows that by 2024, nearly two in three organizations will use more than one vendor.
Furthermore, data from a separate Gartner survey also shows that 81% of public cloud users currently use two or more cloud providers. However, their research also predicts that 50% of the public cloud market will be controlled by the 10 biggest providers by 2023.
Every day, the cloud is playing a larger role in organizations operations and services, and businesses are increasingly turning to PKI to provide identity and security. In their 2021 State of Machine Identity Management report, Keyfactor and the Ponemon Institute report that more than half of organizations report cloud-based services as the impetus for public key infrastructure deployment and usage growth rates. This is followed by:
Cynets 2021 Survey of CISOs with Small Cyber Security Teams shows that companies with smaller security teams are looking primarily to the cloud (57%) as a means of implementing security technologies. This top-ranking priority is followed by on-prem (21%) and hybrid (13%).
By outsourcing resource-intensive processes like managing in-house IT infrastructure, companies can free up their limited personnel to focus on other priorities.
Whether its the cost of running servers or having the personnel in place to manage them, everything costs money and prices are increasing. With this in mind, lets explore some of the cloud computing-related costs for businesses.
Data from Proofpoint and the Ponemon Institutes report The Cost of Cloud Compromise and Shadow IT shows that security incidents cost businesses a pretty penny. Their survey of 662 U.S. IT and IT sec professionals shows that cloud account compromises cost an average of more than $6.2 million over 12 months. 86% of the surveyed organizations said cloud account compromises cost them at least $500,000.
To put this into context, the cost of cloud account compromises averages out to be 3.5% of their total revenues within the same period.
Cloud migration can cost a pretty penny, but not all organizations properly plan for the expenses. While organizations often plan for the direct costs associated with this process, planning for indirect costs can fall through the cracks. As such, Gartners cloud migration cost research predicts that almost two in three infrastructure and operations (I&O) leaders through 2024 will experience public cloud migration cost overruns that will take a toll on their on-prem budgets.
Flexera reports in their 2021 State of the Cloud Report that 30% of the organizations they surveyed have annual public cloud spends ranging between $2.4 million and $12 million. Another 31% of their survey respondents indicate they spent more than $12 million a year!
Based on the estimate of $12 million a year, that means these large organizations are spending an average of $32,876.72 a day on public cloud.
$50 million thats more money than some business owners will ever see in their entire lifetimes. But according to research from IDC and the cloud infrastructure security company Ermetic, that number is just the annual cloud infrastructure expenses for some companies. Their research also shows that 71% of businesses invest up to $50 million a year to expand their cloud infrastructures.
Cloud security is integral to your organizations overall security health. Lets explore some relevant cloud security statistics and data to give you a better view of what this sector of the industry looks like.
Would you believe me if I told you that nearly all organizations have experienced a cloud data breach within the previous year and a half? Data from IDC and Ermetic shows that almost all the organizations (98%) they surveyed experienced a minimum of one cloud data breach in that period. Their study involved 200 CISOs and other security decision-makers from U.S. companies.
The report indicates that this rose nearly 20% from their 2020 survey in which only 79% of respondents indicated the same.
In early 2021, Keyfactor hired the Ponemon Institute to conduct a survey of 100 North American IT security execs to better understand their zero-trust strategy priorities and where public key infrastructure fits in:
Verizons 2021 Data Breach Investigations Report (DBIR) shows that servers lead the way in terms of being the top assets targeted in data breaches. Web application servers took the lead as the primary breach target, encompassing more than 50% of breaches; mail servers came in second with ~25% of data breaches targeting them.
Compromised external cloud assets were more common than on-premises assets in both incidents and breaches. Conversely, there was a decline of user devices (desktops and laptops) being compromised. This makes sense when we consider that breaches are moving toward Social and Web application vectors, such as gathering credentials and using them against cloud-based email systems. Verizon 2021 DBIR Executive Brief
More than 50% of the web app attack-based data breaches Verizon analyzed in their 2021 Data Breach Investigations Report (DBIR) involve mail server compromises. Of those compromised, the overwhelming majority (96%) were cloud-based mail servers.
Data from IBM and the Ponemon Institutes 2021 Cost of a Data Breach report shows that the average cost of a data breach for a hybrid cloud environment is $3.61 million. This average cost is less than other cloud environments (i.e., on-prem, private, and public clouds). The average total cost of a data breach for businesses globally was $4.24 million.
IBMs 2021 Cost of a Data Breach report shows that cloud misconfigurations were the third most common initial attack vector in the breaches they analyzed. These types of data breaches require an average of 186 days to identify and another 65 to contain. The price tag accompanying this attack vector? A cool $3.86 million in total costs.
Needless to say, these types of cloud security statistics underscore the importance of having strong security measures, processes, and policies in place. Having these resources in place can help you avoid oops situations that put your company, data, and reputation at risk.
Its no secret that security misconfigurations are a big issue for businesses. But Palo Altos Unit 42 2H 2020 research indicates that two in three security-related incidents are due to misconfigurations. But thats still lower than estimates from Gartner, which estimates that 99% of cloud security failures through 2025 will be the customers fault pointing to the idea that misconfigurations are a much bigger issue.
Palo Altos Unit 42 Cloud Threat Report 1H 2021 data shows that nearly one in three organizations fail to implement proper security measures in the cloud. These controls are what help to protect cloud environments against attacks and mitigate vulnerabilities.
Access security measures are the locks on your doors and the walls around your castle. But data from IDC and Ermetic shows that access-related vulnerabilities cause four in five cloud data breaches. The top-ranking industries? Healthcare, Utilities, and Media.
Overall, their report also shows that larger companies are more at risk of experiencing these security issues than businesses with fewer employees. (60% of businesses with 10,000 or more employees cite access as their leading factor for causing cloud breaches.) This makes sense, considering that they have much larger attack surfaces than their smaller business counterparts.
Before we jump into the data, ask yourself: what types of data are you storing in the cloud? And what steps are you taking to ensure that data remains secure?
When it comes to cloud storage, organizations store everything from employees and customers sensitive information to intellectual property and trade secrets. Lets explore some key cloud computing and usage statistics relating to stored data.
Frankly, storing sensitive data in the cloud is always risky this is why companies that choose to do so need to take extra precautions in terms of how they secure that data. According to SANs 2021 Cloud Security Survey data from a presentation sponsored by Blue Hexagon, the top three types of sensitive or regulated data that companies store include:
Flexeras 2021 State of the Cloud Report data shows that almost half of enterprises workloads (47%) and data (44%) are currently stored in public cloud environments. These organizations aim to add another 8% and 7%, respectively, to the cloud within the following 12 months.
Compare this to SMB respondents, who say they have 64% of workloads and 59% of data in the public cloud now, and that they plan to add another 5% of workloads and 8% of data within 12 months.
Its obvious youre in a rush if youve skipped right to this section. As such, weve put together a brief highlights list of the top five cloud computing statistics to note from the list above:
As always, feel free to leave a comment and share your most notable cloud security statistics and cloud computing statistics below
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19 Cloud Computing Statistics That Will Keep You Awake at Night - Hashed Out by The SSL Store
Profitable Investment: Top Cloud Computing Stocks You Must Know This October – Analytics Insight
Cloud computing stocks are in high demand for the emergence of digitalization since the outbreak of the COVID-19 pandemic. Investors have started keeping an eye on cloud computing stocks apart from tech stocks as well as the cryptocurrency market. The global cloud computing stock market is expected to hit US$791.48 billion in 2028 with a CAGR of 17.9%. Multiple tech companies are leveraging cloud computing making it a profitable investment for the tech-driven future. Lets explore some of the top cloud stocks in October that are suitable for investment.
Market cap: US$38.80 billion
The Trade Desk is one of the top cloud computing stocks for investors in October that operates as a tech company across the world. It operates a self-service cloud-based platform that allows buyers to create and optimize data-driven digital advertising campaigns in multiple ad formats and channels. There are data and other value-added services for advertising agencies and other service providers for advertisers.
Market cap: US$263.25 billion
Oracle Corporation is highly popular in the tech industry as a tech company that provides Oracle cloud software as a service offering. It includes different cloud software applications such as Oracle Fusion cloud enterprise resource planning, Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Fusion cloud advertising, and customer experience, as well as NetSuite applications suite. There are also cloud-based industry solutions for different industries.
Market cap: US$2.33 trillion
Microsoft Corporation is one of the well-known tech companies in the world with top-notch cloud computing services. It offers multiple segments to its global customer base productivity and business processes, intelligent cloud, and more personal computing. Microsoft Azure is one of the top cloud platforms for all kinds of businesses in 2021 with Windows cloud services. It is focused on selling its cloud products through OEMs, distributors, online stores, and many more.
Market cap: US$49.99 billion
Veeva Systems is a popular tech company that provides cloud-based software for the life science industry in different parts of the world. There is a wide range of products and services related to cloud computing that makes it one of the top cloud computing stocks to buy in OctoberVeeva Commercial Clouds that include Veeva data cloud, Veeva CRM engages, Veeva CLM, and many more. It is also focused on offering professional and support services, technical consulting services, and ongoing managed services.
Market cap: US$41.56 billion
Unity Software is a well-known tech company that works with cloud computing and one of the top cloud computing stocks for investors in October. It operates a real-time 3D development platform that provides software solutions for different smart devices such as mobile phones, PCs, consoles, and many more. It offers its products and services directly through the online store and field sales operations in different parts of the world including the UK, Finland, Denmark, Japan, China, and Germany.
Market cap: US$10.24 billion
DigitalOcean Holdings, Inc. is one of the popular cloud computing stocks and operates a cloud computing platform across the world. This tech company provides on-demand infrastructure and platform tools for different clients such as start-ups, small businesses, as well as medium businesses. This cloud computing platform also offers infrastructure solutions while extending the native capabilities of the cloud with a fully managed application. It can be operated in multiple industry verticals such as web and mobile applications, website hosting, personal web projects, and many more.
Continued here:
Profitable Investment: Top Cloud Computing Stocks You Must Know This October - Analytics Insight
The Army’s Enterprise Cloud Management Office looks to deliver computing resources around the world – Federal News Network
As choices are examined and strategies perfected about cloud migration in the greater National Capital Region, one of the many federal-government spaces where important decisions are being executed is within the office of the Army CIO.
The person who is the principal adviser, assisting the Army CIO in the development of strategy, use, and optimization of Cloud resources is Paul Puckett, appointed to the Senior Executive Service in 2019 and assuming the role of the director of the Enterprise Cloud Management Office.
Im able to influence policy and governance, but then Im also able to strategize and then implement capabilities and deliver them for the United States Army, Puckett said on Federal Monthly Insights Cloud Migration Strategy and Cloud FinOps.
When Puckett arrived at the office of the Army CIO, he was greeted by a multi-cloud Army. He found that it was not as coherent as it could be to serve the greater needs of the Army.
So what we did is we delivered a capability that we call cArmy, which is really the foundational security services, if you will, that allow us to adopt commercial cloud services, meeting all DoD policy and governance in security, Puckett said on Federal Drive with Tom Temin.
But more importantly what it means is weve already prepared an environment and ecosystem so system owners, as they come to the front door, arent worried about what their security posture might look like, Puckett said. Weve already addressed that foundation, what were now trying to account for is how is your application or system designed? Who is your customer? And what data sets are you either consuming or creating? And how can we start to expose your services and data to the rest of the Army and start to deliver greater this greater enterprise ecosystem?
In 2022, Pucketts vision is to extend cArmy from both an infrastructure computer-storage, networking perspective, as well as a common services perspective, into the OCONUS (Outside the Continental United States) regions.
So were adopting a very similar regionally distributed model that any hyperscaler would, because we want to be mindful of physics, we want to be mindful of our customers and our data sets, Puckett said. You have to be mindful of latency. So its not just the availability of the connectivity, but also the speed of light is still a bound thing. And so we want to make sure that were being thoughtful of the customer experience, as we deliver capabilities globally.
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The Army's Enterprise Cloud Management Office looks to deliver computing resources around the world - Federal News Network
Cloud Computing in Automotive Market 2021 Growing Demand and Precise Outlook- Amazon Web Services, Microsoft Azure, and Google Cloud Platform Puck77…
Cloud Computing in Automotive Market research report is the new statistical data source added by Adroit Market Research. Cloud Computing in Automotive Market is growing at a High CAGR during the forecast period 2021-2027. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.
The latest report on the global Cloud Computing in Automotive market suggests a positive growth rate in the coming years. Analysts have studied the historical data and compared it with the current market scenario to determine the trajectory this market will take in the coming years. The investigative approach taken to understand the various aspects of the market is aimed at giving the readers a holistic view of the global Cloud Computing in Automotive market. The research report provides an exhaustive research report that includes an executive summary, definition, and scope of the market.
Further Cloud Computing in Automotive market research report provides regional market analysis with production, sales, trade, and regional forecast. it also provides market investment plan like product features, price trend analysis, channel features, purchasing features, regional and industry investment opportunity, cost, and revenue calculation, economic performance evaluation, etc.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Cloud Computing in Automotive market. The report presents a broad assessment of the market and contains solicitous insights, historical data, and statistically supported and industry-validated market data. The report offers market projections with the help of appropriate assumptions and methodologies. The research report provides information as per the market segments such as geographies, products, technologies, applications, and industries.
Top Leading Key Players are: Amazon Web Services, Microsoft Azure, and Google Cloud Platform
Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.
It includes the research studies about the current trends in different sectors on the basis of their scope. The analyst of this report focuses on the static and dynamic pillars of the industries, for basic understanding of the strategies. In addition to this, it identifies the drivers and opportunities for the development of the businesses. Additionally, it focuses on restraints to analyze the issues from the existing business strategies. It focuses on the various aspects, such as application areas, platforms, and leading players operating across the globe.
The Cloud Computing in Automotive analysis also includes the precise shares of the market research. The Cloud Computing in Automotive article, likewise, provides overall percentage shares and breakdowns. Primary and secondary sources are used to research and analyze the industry. In addition, the Cloud Computing in Automotive study uses SWOT analysis to provide an in-depth analysis of the Cloud Computing in Automotive market, including Capacity, Vulnerability, Opportunities, and Risks. A detailed survey of the worlds leading manufacturers is also included in the Cloud Computing in Automotive study report, which is focused on the industrys various priorities, including consumer profiles, supply quantity, product definition, critical raw materials, and financial structure. Similarly, the Cloud Computing in Automotive report is investigated and evaluated after a detailed background check. As a result, the Cloud Computing in Automotive report focuses on understanding different market segmentation, regional segmentation, market dynamics, market growth drivers, and comprehensive analysis of the competitive landscape in this market.
Scope of the study:
The research on the Cloud Computing in Automotive market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitors methodologies. The research also segments the Cloud Computing in Automotive market on the basis of end user, product type, application, and demography for the forecast period 20202027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics. This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Cloud Computing in Automotive market.
Global Cloud Computing in Automotive market is segmented based by type, application and region.
Based on Type, the market has been segmented into:
Based on application, the market has been segmented into:
The ongoing status of global Cloud Computing in Automotive market current market updates and regional levels
Understanding of global marketplace development
A study of this market-attracted place on product sales
Competitive analysis is specified for eminent players, price structures, and value of production.
Various stakeholders in this industry, including research and consulting firms, investors for new entrants, and financial analysts, product manufacturers, distributors, and suppliers are listed.
Reason to Buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Cloud Computing in Automotive market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Cloud Computing in Automotive market, thereby allowing players to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
About Us
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Cloud Computing in Automotive Market 2021 Growing Demand and Precise Outlook- Amazon Web Services, Microsoft Azure, and Google Cloud Platform Puck77...
The Future of the Commerce Cloud Computing Industry, 2020-2028: Emerging Trends, Market Opportunities, Investment Risks Puck77 – Puck77
The latest 99+ page survey report on Global Commerce Cloud Computing Market is released by Adroit Market Research covering various players of the industry selected from global geographies like United States, Europe, China, Japan, Southeast Asia, India & Central & South America. A perfect mix of quantitative & qualitative Market information highlighting developments, industry challenges that competitors are facing along with gaps and opportunity available and would trend in Commerce Cloud Computing market. The study bridges the historical data from 2015 to 2019 and estimated till 2026*.
Be the first to knock the door showing potential that Global Commerce Cloud Computing market is holding in it. Uncover the Gaps and Opportunities to derive most relevant insights from our research document to gain market size.
Analyst at Adroit Market Research have classified and compiled the research data from both perspective (Qualitative and Quantitative)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
% Market Share, Segment Revenue, SWOT Analysis for each profiled company IBM (US), SAP (Germany), Salesforce (US), Apttus (US), Episerver (US), Oracle (US), Magento (US), Shopify (Canada), BigCommerce (US), and Digital River (US), Elastic Path (Canada), VTEX (Brazil), commercetools (Germany), Kibo (US), and Sitecore (India).
Business overview and Product/Service classification
Product/Service Matrix
Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc.)
Consumption, Capacity & Production by Players
Quantitative Data:
Market data break-up by regions, Type & Application/End-users
1. Commerce Cloud Computing Market Revenue & Growth Rate by Type such as Type I,Type II,Type III (Historical & Forecast)
2. Commerce Cloud Computing Market Revenue & Growth Rate by Application such as Application I,Application II,Application III (Historical & Forecast)
3. Commerce Cloud Computing Market Revenue, Volume & Growth Rate by Each Country Specified, Application & Type (Historical & Forecast)
4. Commerce Cloud Computing Market Revenue, Volume* & Y-O-Y Growth Rate by Players (Base Year)
Qualitative Data:
It would include sections specific to market dynamics and the trending factors affecting or driving the growth of the market. To list few names of sections covered are
Global Commerce Cloud Computing Industry Overview
Global Commerce Cloud Computing Market Growth Drivers, Trends & Restraints
Impact Analysis of Current Scenario on Commerce Cloud Computing Market
Gaps & Opportunities in Commerce Cloud Computing Market
Market Entropy** [Highlighting Aggressiveness or Strategic Moves of Industry Players]
PESTLE Analysis (360 degree view of market)
Porters Five Forces Model (competitive rivals, potential new market entrants, suppliers, customers, and substitute products)
Patent & Trademark Analysis** [Licenses, Trademarks & Approvals]
Competitive Analysis (Landscaping SWOT Analysis of each Players/Manufacturers Profiled in Study)
Commerce Cloud Computing Market Development and Insights etc. [Covers Product/Service Launch, Innovation etc]
Investment & Project Feasibility Study**
Important Features that are under offering & key highlights of the Commerce Cloud Computing market report:
Global Commerce Cloud Computing Product Types such as Type I,Type II,Type III
Global Commerce Cloud Computing Major Applications/End users such as Application I,Application II,Application III
Geographical Analysis: United States, Europe, China, Japan, Southeast Asia, India & Central & South America
2) What are the companies profiled in basic version of report? Is it possible to customize list
Players that are currently profiled in the study are IBM (US), SAP (Germany), Salesforce (US), Apttus (US), Episerver (US), Oracle (US), Magento (US), Shopify (Canada), BigCommerce (US), and Digital River (US), Elastic Path (Canada), VTEX (Brazil), commercetools (Germany), Kibo (US), and Sitecore (India).
Currently, basic version research report is focusing on regions such as United States, Europe, China, Japan, Southeast Asia, India & Central & South America. List of countries can be customized as per your interest and final confirmation would be dependent upon feasibility test and data availability in research repository.
Yes, inclusion of additional segments is very much possible subject to data availability and difficulty of survey. At times our client request for market makers information that can be covered on special request after considering requirement with Analyst group of Adroit Market Research.
** Depending upon the requirement the deliverable time and quote will vary.
To comprehend Global Commerce Cloud Computing market sizing in the world, the Commerce Cloud Computing market is analyzed across major global regions. Adroit Market Research also provides customized specific regional and country-level reports for the following areas.
North America: United States, Canada, and Mexico.
South & Central America: Argentina, Chile, and Brazil.
Middle East & Africa: Israel, Saudi Arabia, United Arab Emirates, Turkey, North African Countries and South Africa.
Europe: UK, France, Italy, Germany, NORDIC Countries, Spain, and Russia.
Asia-Pacific: India, China, Japan, South Korea, Malaysia, Singapore, Indonesia, Singapore, and Australia.
About Us
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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The Future of the Commerce Cloud Computing Industry, 2020-2028: Emerging Trends, Market Opportunities, Investment Risks Puck77 - Puck77
The PC slowdown shouldn’t hurt Microsoft earnings, and here’s why – MarketWatch
The slowdown in personal computer sales due to supply-chain issues in recent months would have hurt Microsoft Corp. in past years, but the companys pivot to cloud computing and cloud software should insulate it from any earnings fallout.
Microsoft MSFT, -0.51% is scheduled to report its fiscal first-quarter earnings on Tuesday afternoon, as it rolls out its new Windows 11 operating system and PC makers struggle to deliver new machines. While the Microsoft of Bill Gates and Steve Ballmer would have faced a lot of Wall Street pessimism if PC shipments were mangled and a new operating system was not quickly adopted, Satya Nadellas Microsoft should be just fine.
That is because analysts and investors are mostly focused on Azure, Microsofts cloud-computing answer to Amazon.com Inc.s AMZN, -2.90% Amazon Web Services, as well as cloud-software offerings, decreasing the importance of Microsofts PC business.
Sustained digital transformation momentum should offset the impact from mixed PC unit shipment estimates from IDC and Gartner, Morgan Stanley analysts wrote in a preview of the report, later adding, While our negative growth outlook for Windows OEM pressures our longer term earnings expectation for Microsoft, we also note Windows OEM overall represents a decreasing mix of overall Microsoft revenue and gross profit.
Read: Why Amazon and Microsoft wont have a stranglehold on cloud computing forever
Azure has made sure that Windows importance to Microsoft has decreased. The fast-growing cloud business is at the top of every analyst note about Microsoft, and analysts expect revenue to grow in the mid-40% range. (Microsoft does not disclose Azure performance except for percentage gain, despite AWS and Google GOOGL, -3.04% GOOG, -2.91% Cloud providing full revenue and operating profits for their competitive services).
Fundamentally, ramping contribution from previously signed long-term Azure deals, continued Cloud migrations post-COVID, Microsofts intensifying focus on Cloud verticalization and strong Microsoft 365 seat growth can sustain durable longer-term Azure growth, the Morgan Stanley analysts wrote.
There are factors that could add to Microsofts growth as well, especially in the forecast. The $19.7 billion acquisition of health-care-focused company Nuance is expected to close before the end of the calendar year, and Microsoft recently disclosed that its cloud-based revenue would dump into the same revenue bucket as Azure.
The return of JEDI: Why the sequel to militarys cloud contract could cost much more than the $10 billion original
While Microsoft did not disclose exactly how much that would mean, UBS analysts said in September that prior Nuance disclosures and a call they had with the companys investor relations team led them to estimate that about 46% of Nuances revenue would be cloud-based. They estimated that would mean roughly $91 million in additional sales for Microsofts cloud division in the fiscal second quarter, if the full quarter were to be included.
Another bump could be coming in the future from increased prices for Microsofts most popular cloud software offering, Office 365. Microsoft is increasing prices more than 10% across the board for the product, which the company described as the first substantive pricing update since we launched Office 365 a decade ago, which also gives analysts confidence that Microsoft can withstand any supply-chain pressures on the PC market.
Earnings: Analysts on average expect Microsoft to report earnings of $2.08 a share, up from $1.82 a share a year ago. Contributors to Estimize a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others predict earnings of $2.22 a share.
Revenue: Analysts on average were modeling sales of $43.93 billion, which would be an improvement from $37.15 billion a year ago, after Microsoft forecast revenue of $43.3 billion to $44.2 billion. Estimize contributors expect $44.88 billion in sales.
Analyst expect $16.52 billion in sales from the Intelligent Cloud segment, after Microsoft guided for $16.4 billion to $16.65 billion; $14.67 billion in sales from the cloud-software-focused Productivity and Business Solutions segment, after a forecast of $14.5 billion to $14.75 billion; and $12.72 billion from More Personal Computing, after guidance for sales of $12.4 billion to $12.8 billion.
Stock movement: Microsoft shares have declined in the session following earnings releases in four of the past five quarters, though the last decline was only by 0.1%. The stock has increased 8.1% in the past three months and 45.2% in the past year, as the S&P 500 index SPX, -0.11% has grown by 4.1% and 31.6% in those periods, respectively.
Analysts are in pretty universal agreement about Microsofts current position. According to FactSet tracking, 33 out of 36 analysts rate the stock the equivalent of a buy, while the other three rate it as a hold.
Currently trading at ~27x our CY23 GAAP EPS estimates, Microsoft represents a rare combination of strong secular positioning and reasonable valuation within the software space, wrote the Morgan Stanley analysts, who rate the shares overweight with a price target of $331.
The once concern seems to be the durability of the current growth trajectory, which is why the Nuance acquisition and increased pricing of Office 365 is seen as key to the stock continuing to rise.
Comps get progressively tougher throughout FY22, which should be met by Microsofts durable growth portfolio of Azure/Security/Teams, wrote Jeffries analysts, who have an outperform rating and recently raised their price target to $375 from $345. Key items to watch are elevated expectations (Azure high 40s reported), integration with Nuance and increased security investments.
In-depth: The tech earnings boom is fizzling out, as Apple and Amazon face the same issues as everyone else
Microsoft has benefitted from the pandemic, as companies have relied on cloud-computing power and software to keep teams connected while working remotely. But Microsoft bull and Wedbush analyst Daniel Ives does not see a return to the office as a sign that the boom will end.
We believe the Streets view of moderating cloud growth on the other side of this WFH cycle is contrary to the deal activity Microsoft is seeing in the field, Ives, with an outperform rating and $375 price target, wrote in a preview of the report. While we have seen the momentum of this backdrop in the last few years, we believe deal flow looks incrementally strong (Office 365/Azure combo deals in particular) heading into FY22 as we estimate that Microsoft is still only ~35% through penetrating its unparalleled installed base on the cloud transition.
Stifel analysts, with a buy rating and $325 price target, concurred.
We continue to believe that the pandemic is forcing organizations to accelerate the pace of their cloud migrations and that Microsoft remains a key beneficiary of this modernization spend, especially around large new deal momentum, as its broad stack enables it to capture Tier 1 workloads previously out of reach, they wrote.
The average price target on Microsoft stock as of Friday afternoon was $335.47, roughly 8.5% higher than the going rate.
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The PC slowdown shouldn't hurt Microsoft earnings, and here's why - MarketWatch
NASA Turns to the Cloud for Help With Deluge of Data From Next-Generation Earth Missions – SciTechDaily
The state-of-the-art Earth science satellites launching in the near future will be generating unprecedented quantities of data on our planets vital signs. Cloud computing will help researchers make the most of those troves of information. Credit: NASA Earth Observatory
As satellites collect larger and larger amounts of data, engineers and researchers are implementing solutions to manage these huge increases.
The cutting-edge Earth science satellites launching in the next couple of years will give more detailed views of our planet than ever before. Well be able to track small-scale ocean features like coastal currents that move nutrients vital to marine food webs, monitor how much fresh water flows through lakes and rivers, and spot movement in Earths surface of less than half an inch (a centimeter). But these satellites will also produce a deluge of data that has engineers and scientists setting up systems in the cloud capable of processing, storing, and analyzing all of that digital information.
About five or six years ago, there was a realization that future Earth missions were going to be generating a huge volume of data and that the systems we were using would become inadequate very quickly, said Suresh Vannan, manager of the Physical Oceanography Distributed Active Archive Center based at NASAs Jet Propulsion Laboratory in Southern California.
Part of the SWOT satellites science instrument payload sits in a clean room at NASAs Jet Propulsion Laboratory during assembly. By measuring the height of the water in the planets ocean, lakes, and rivers, researchers can track the volume and location of the finite resource around the world. Credit: NASA/JPL-Caltech
The center is one of several under NASAs Earth Science Data Systems program responsible for processing, archiving, documenting, and distributing data from the agencys Earth-observing satellites and field projects. The program has been working for several years on a solution to the information-volume challenge by moving its data and data-handling systems from local servers to the cloud software and computing services that run on the internet instead of locally on someones machine.
The Sentinel-6 Michael Freilich satellite, part of the U.S.-European Sentinel-6/Jason-CS (Continuity of Service) mission, is the first NASA satellite to utilize this cloud system, although the amount of data the spacecraft sends back isnt as large as the data many future satellites will return.
Part of the NISAR satellite rests in a thermal vacuum chamber at NASAs Jet Propulsion Laboratory in August 2020. The Earth satellite will track subtle changes in the planets surface as small as 0.4 inches. Credit: NASA/JPL-Caltech
Two of those forthcoming missions, SWOT and NISAR, will together produce roughly 100 terabytes of data a day. One terabyte is about 1,000 gigabytes enough digital storage for approximately 250 feature-length movies. SWOT, short for Surface Water and Ocean Topography, will produce about 20 terabytes of science data a day while the NISAR (NASA-Indian Space Research Organisation Synthetic Aperture Radar) mission will generate roughly 80 terabytes daily. Data from SWOT will be archived with the Physical Oceanography Distributed Active Archive Center while data from NISAR will be handled by the Alaska Satellite Facility Distributed Active Archive Center. NASAs current Earth science data archive is around 40 petabyes (1 petabyte is 1,000 terabytes), but by 2025 a couple of years after SWOT and NISAR are launched the archive is expected to hold more than 245 petabytes of data.
Both NISAR and SWOT will use radar-based instruments to gather information. Targeting a 2023 launch, NISAR will monitor the planets surface, collecting data on environmental characteristics including shifts in the land associated with earthquakes and volcanic eruptions, changes to Earths ice sheets and glaciers, and fluctuations in agricultural activities, wetlands, and the size of forests.
Explore this 3D model of the SWOT satellite by zooming in and out, or clicking and dragging the image around. Credit: NASA/JPL-Caltech
Set for a 2022 launch, SWOT will monitor the height of the planets surface water, both ocean and freshwater, and will help researchers compile the first survey of the worlds fresh water and small-scale ocean currents. SWOT is being jointly developed by NASA and the French space agency Centre National dEtudes Spatial.
This is a new era for Earth observation missions, and the huge amount of data they will generate requires a new era for data handling, said Kevin Murphy, chief science data officer for NASAs Science Mission Directorate. NASA is not just working across the agency to facilitate efficient access to a common cloud infrastructure, were also training the science community to access, analyze, and use that data.
Currently, Earth science satellites send data back to ground stations where engineers turn the raw information from ones and zeroes into measurements that people can use and understand. Processing the raw data increases the file size, but for older missions that send back relatively smaller amounts of information, this isnt a huge problem. The measurements are then sent to a data archive that keeps the information on servers. In general, when a researcher wants to use a dataset, they log on to a website, download the data they want, and then work with it on their machine.
However, with missions like SWOT and NISAR, that wont be feasible for most scientists. If someone wanted to download a days worth of information from SWOT onto their computer, theyd need 20 laptops, each capable of storing a terabyte of data. If a researcher wanted to download four days worth of data from NISAR, it would take about a year to perform on an average home internet connection. Working with data stored in the cloud means scientists wont have to buy huge hard drives to download the data or wait months as numerous large files download to their system. Processing and storing high volumes of data in the cloud will enable a cost-effective, efficient approach to the study of big-data problems, said Lee-Lueng Fu, JPL project scientist for SWOT.
Infrastructure limitations wont be as much of a concern, either, since organizations wont have to pay to store mind-boggling amounts of data or maintain the physical space for all those hard drives. We just dont have the additional physical server space at JPL with enough capacity and flexibility to support both NISAR and SWOT, said Hook Hua, a JPL science data systems architect for both missions.
NASA engineers have already taken advantage of this aspect of cloud computing for a proof-of-concept product using data from Sentinel-1. The satellite is an ESA (European Space Agency) mission that also looks at changes to Earths surface, although it uses a different type of radar instrument than the ones NISAR will use. Working with Sentinel-1 data in the cloud, engineers produced a colorized map showing the change in Earths surface from more vegetated areas to deserts. It took a week of constant computing in the cloud, using the equivalent of thousands of machines, said Paul Rosen, JPL project scientist for NISAR. If you tried to do this outside the cloud, youd have had to buy all those thousands of machines.
Cloud computing wont replace all of the ways in which researchers work with science datasets, but at least for Earth science, its certainly gaining ground, said Alex Gardner, a NISAR science team member at JPL who studies glaciers and sea level rise. He envisions that most of his analyses will happen elsewhere in the near future instead of on his laptop or personal server. I fully expect in five to 10 years, I wont have much of a hard drive on my computer and I will be exploring the new firehose of data in the cloud, he said.
Cloud Computing in Healthcare Market Research Study including Growth Factors, Types and Application by regions from 2021-2025| McKesson Corporation,…
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Prominent market players consisting of: McKesson Corporation, Allscripts, NextGen Healthcare, Epic Systems Corporation, Healthcare Management System, eClinicalWorks, CPSI, Computer Sciences Corporation, and many more.
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Main Product Form coated in Cloud Computing in Healthcare industry by End Use (Hospitals, Diagnostics and Imaging Centres, Ambulatory Centres, and Others)
Cloud Computing in Healthcare industry Applications consisting of: NA
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What are the Top 5 Edge Computing Companies for 2021 and Beyond? – TechBullion
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The edge computing paradigm shows promise to address the weaknesses of traditional cloud computing while also working hand in hand with it.
As much as possible, the networking philosophy is developed to place the computing as close as possible to the client data source.
The Internet of Things (IoT) continues to grow, making edge computing increasingly important for enterprises across various industries.
Unlike first-generation computing, edge computing processes data on or near devices where the data is generated instead of sending it to a central server for processing. Edge computing and cloud computing often work hand in hand, however.
Edge computing means bringing computation to the edge of the network, e.g., via a users computer, an Internet of Things (IoT) device, or a server, instead of running the computation in the cloud.
The edge computing approach reduces long-distance communication between clients and servers by transporting cloud-intensive processed locally.
The advantages of cloud computing over on-premises computing are numerous. Any device can connect to the cloud using cloud service providers.
However, cloud computing can cause network latency due to the distance between users and the databases used for cloud services.
A solution to this problem is edge computing. With edge computing, data travels a shorter distance, and the centralized nature of cloud computing is maintained.
As much video footage as possible will never be sent to the cloud server by introducing motion sensor computation at the networks edge.
The amount of bandwidth used will be greatly reduced. A computer can be integrated into each camera.
Cloud servers can now connect to more cameras because only important footage is uploaded to servers. Here, youll learn about the best edge computing services.
Mutable operates for servers as a public edge cloud platform. Mutable connect more users to the internet by bringing the internet closer to them.
Bringing the processing close to developers of IoT, robotics, autonomous vehicles, AR/VR, and cloud gaming applications, Mutable lets developers focus on continuous product development and iteration.
As part of MobiledgeX, developers will connect with leading telecom operators like British Telecom, Telefonica, and Deutsche Telekom to power the next generation of devices and applications.
They can also use the companys edge cloud software for deploying telco edge clouds on telecom infrastructure.
Affirmed Networks open architecture enables a low cost of operation, flexibility in use, and high performance in a small footprint so that they can meet customer requirements.
The mobile edge computing solutions of Affirmed Networks enable enterprises to host applications locally on their premises, minimizing latency and maximizing efficiency.
You can deploy the cloud edge within an offering on one of these platforms or at the network edge.
For customers in edge, far edge, hyper-scale, or edge cable landing stations, EdgeConneX builds and operates proximate, powerful, purpose-built data centers.
EdgeConneX designs and deploys the most efficient data centers for service providers and clients to reduce latency and improve performance. Among these are solutions tailored to meet the needs of large-scale data center customers.
You can speed up your network edge journey by using the section. Application providers and software (SaaS) providers can deliver more secure and faster digital experiences with edge computing.
Edge computing enables network edge deployment, scaling, and protection of applications with the necessary flexibility, control, simplicity, and familiarity.
Final Thought
Now, more than ever before, organizations are looking to adopt edge computing because of the proliferation of IoT devices.
Cloud computing platforms receive a flood of data from these connected devices as the number of devices increases. Increasingly, real-time data processing is being requested.
This data traffic and overload on the cloud can be reduced with low latency and processing data closer to the point of generation through edge computing.
If you enjoyed this article, be sure to take a moment to read through our most recent guides on project management and IoT security trends.
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What are the Top 5 Edge Computing Companies for 2021 and Beyond? - TechBullion
How can businesses break the barriers for cloud adoption? – TechNative
Its hard to deny the fact that cloud-based technologies have really taken hold in recent years
According to insights from IDG, growth in cloud adoption has been marked; while 81% of organisations already use cloud computing, or have applications in the cloud, a staggering 55% are now using more than one public cloud.
The benefits to companies are clear: greater platform and service flexibility, stronger resilience and business continuity prospects, as well as improved decision making. But that is not to say that all organizations have successfully migrated their workloads to the cloud just yet larger companies with legacy IT software to consider, for example, may find this difficult. Meanwhile, other organisations who have already started with their cloud journey will instead face barriers when it comes to deeper and more systemic adoption.
This begs the question: what should firms consider when navigating cloud implementation?
Big businesses must address legacy IT systems
As I have already mentioned, one of the most pronounced issues that large corporations must grapple with is dealing with legacy systems. It goes without saying that cloud-based technologies are by no means a plug and play solution, so businesses will naturally need to think carefully about their strategy before going ahead with cloud migration.
First things first, businesses should consider their long-term plan. This involves making some difficult decisions about which monolithic systems your organisation plans to keep in the coming years, and which platforms it plans to dispose of and replace altogether. It is important to note, here, that taking a lift and shift mentality simply taking legacy applications and moving them to the cloud will not necessarily allow businesses to get the most value out of cloud infrastructure. Rather, this approach can result in a more complex and costly system architecture.
Business leaders should therefore determine the financial implications of migrating legacy systems to the cloud and ask themselves Will there be any monetary impact resulting from temporary downtime?, and Does my organisation have the resource in-house to facilitate the process?. These will all be key considerations when redesigning your data centre from the ground up, and decision-makers should remember that realising the full benefits of the cloud can only come when considering it as part of a holistic digital transformation strategy.
Security concerns
Security is also one of the biggest perceived concerns for businesses looking to migrate to the cloud. Indeed, according to research from Coalfire, security concerns abound, as a staggering 93% of enterprises said that they were moderately to extremely concerned about security problems, which have placed a barrier in the way of more aggressive cloud adoption.
Given the large amount of sensitive data that corporations store, or plan to store, in the cloud, this is understandable. Likewise, while many cloud service providers continue to provide and advance their security services, still, the onus ultimately rests with the customer to secure their data within cloud environments. According to that same Coalfire survey, the journey to cloud adoption is marred for many by these difficulties, with 64% organizations citing data loss and leakage as their top concern, while data privacy and confidentiality come in close at 62%. Insecure interfaces and APIs, misconfiguration of cloud platforms, unauthorised access, compliance and a lack of visibility into infrastructure all pose issues, too.
So, how to tackle security issues?
These findings only serve to emphasise the fact that organisations must regularly re-evaluate how well their existing security measures serve the needs of their business, while also considering whether they are fit for purpose when it comes to protecting their IT environments as they grow and change. As part of this, businesses should also allocate a significant portion of their budget to boosting their defences. Investing in cloud platforms that can encrypt data-at-rest, automate compliance and have APIs that can audit and alert about security events would be a good start.
Too expensive?
Finally, although cloud-based platforms have the ability to reduce costs for organisations, another hurdle to successful cloud adoption for many firms will actually be the cost of implementing these tools in the first place. Even Mark Zuckerberg has given his two cents on the matter.
While there may be no doubt that an initial investment can be costly, businesses should note that cloud computing can be a much more efficient way to consume computing resources than managing data centre hardware or large packages of legacy software.
Particularly for small businesses, moving to the cloud can help organizations scale quickly, accelerate new product launches and expand internationally with ease, and without needing to build a mass of servers. As well as offering more storage space, increasingly, cloud providers are offering data analytics, prediction and machine learning as such, businesses should be discerning about where they are more likely to see a better return on investment and allocate their funds accordingly.
Ultimately, organizations would do well to look into cloud solutions that do more than just provide spare capacity; tools with in-built cost optimisation, for example will be worth their weight in gold. The truth is, that with any new or novel technology, there will naturally be barriers preventing investment but businesses must remember that they are not insurmountable.
About the Author
Chris Starkey is the founder and director of NexGen Cloud, which is on a mission to bring cheap affordable cloud computing to all. London-headquartered NexGen Cloud is working with Cudo Ventures to disrupt the cloud compute market. With data centre operations established in Sweden and Norway, the company is able to deliver infrastructure-as-a-service cloud computing that is cheaper and greener than the mainstream providers. NexGen Cloud also provides opportunities for investors to access the cloud sector, giving them the chance to share in the growth of market sector by investing in compute power.
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How can businesses break the barriers for cloud adoption? - TechNative