Category Archives: Cloud Computing
The sky’s the limit: Cloud computing offers financial inclusion new reach – Khmer Times
A virtual conference was held this week to launch a financial inclusion report produced in partnership with Amazon Web Services (AWS) and the Official Monetary and Financial Institutions Forum (OMFIF). The conference outlined how cloud computing is at the heart of the digital transformation in the global finance services industry.
The European Banking Authority defines cloud computing as a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction.
The report states that cloud computing is key to financial inclusion and the direct enabler for countries within the Asia-Pacific region to work towards attaining the United Nations 2030 sustainable development goals.
Along with the introduction of financial technology and democratisation of financial services, financial inclusion helps reduce costs for citizens and fosters the development of innovative services, the report said.
Cloud-based services can enhance financial inclusion and the accessibility of digital financial products. As regulatory institutions and central banks attain a better understanding of cloud platforms, and implement appropriate safeguards, the benefits of the cloud to financial inclusion will only increase.
The report also noted the acceleration of digital financial services amid the pandemic and how they have been, and will continue to be, vital to ensuring financial inclusion in the new normal.
In the Asia-Pacific region, policymakers are becoming increasingly switched on to the benefits of cloud technology. This may have a profound and positive impact on the development of innovative solutions for financial inclusion.
Highly sophisticated financial systems have been developed. But financial infrastructure has often failed to pick up poorer sections of society or smaller businesses. Financial inclusion has become a key issue for politicians, banks, payment providers and policy-makers in Asia, it said.
In an OMFIF survey of the central banks and financial regulators analysed in detail in this report, 73 percent of respondents identified financial inclusion as an explicit target or objective for their institution, the report said.
According to the same policymakers, 90 percent of respondents believe that digital payments will be the core competency required in extending basic financial inclusion. Providing the under-banked with financial services is therefore intertwined with policies related to digital infrastructure reliability and conducive fintech ecosystems.
However, there are risks involved with cloud implementation. CGAP, a global partnership of more than 30 leading development organisations, said that cloud investment offers a good incentive for financial inclusion, but balance is key.
As with any kind of outsourcing, compliance risks are present because the financial institution loses some control over and visibility into risk management. There is also fear that the cloud might reduce a financial supervisors ability to access data or inspect the cloud providers facilities. Furthermore, there are concerns that personal data could be accessed by [the] governments of the countries where the cloud provider is based.
Cybersecurity, cloud and AWS expert Laurent Mathieu says: Cambodia has solid drivers for accelerating adoption, but other factors could hinder its pace. [The] government plays an important role and the pace of adoption will depend on future policy framework developments and whether cloud computing will be fostered as an enabler in the digital transformation roadmap, he said.
Mathieu says that although factors might be obstacles for a rapid surge in cloud adoption, things can change very quickly, particularly in an emerging economy with a track record of rapid development.
Cambodia has ambitious plans to transition to a digital economy and the government is giving the impulse by actively modernising the policy framework. Enhancing internet connectivity with new submarine cables, extended country-wide coverage and high-speed 5G access are high on the agenda, even during the pandemic. Beyond network connectivity, Cambodias businesses will still need a platform onto which the new digital capabilities can be built.
Cambodias startup community is growing fast, with new products launched every month, in particular in the areas of food delivery, ride services, online grocery and ecommerce. Demand is growing and the pandemic has accelerated this trend even further. Fintech, agritech and edutech are among the areas gaining momentum.
Without the burden of legacy, startups rely heavily on cloud services to build their value proposition. Often considered as a driving force of the technology industry, startups are the early adopters, paving the way to broaden cloud adoption in the country, he added.
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The sky's the limit: Cloud computing offers financial inclusion new reach - Khmer Times
Hybrid Cloud Computing Market Structure, Industry Inspection, and Forecast 2025 – Express Journal
The recent report on the Hybrid Cloud Computing market predicts the industrys performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. Further, the document provides comprehensive analysis of the key industry trends as well as the opportunities that will ensure an upward growth trajectory in the coming years. It also focuses on developing strategies for challenges faced by the industry. Moreover, an exhaustive discussion of the latest updates including the impact of COVID-19 pandemic is furnished in the study.
Key highlights from COVID-19 impact analysis:
An overview of the regional landscape:
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Other important takeaways from the Hybrid Cloud Computing market report:
Key aspects listed in the report:
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors, etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data and forecast data from 2020 to 2025.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application, etc., and custom research can be added according to specific requirements. The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Recent Industry Trend:
The report contains the profiles of various prominent players in the Global Hybrid Cloud Computing Market. Different strategies implemented by these vendors have been analyzed and studied to gain a competitive edge, create unique product portfolios and increase their market share. The study also sheds light on major global industry vendors. Such essential vendors consist of both new and well-known players. Besides, the business report contains important data relating to the launch of new products on the market, specific licenses, domestic scenarios and the strategies of the organization implemented on the market.
MAJOR TOC OF THE REPORT:
Chapter 1 Industry Overview
Chapter 2 Production Market Analysis
Chapter 3 Sales Market Analysis
Chapter 4 Consumption Market Analysis
Chapter 5 Production, Sales and Consumption Market Comparison Analysis
Chapter 6 Major Manufacturers Production and Sales Market Comparison Analysis
Chapter 7 Major Product Analysis
Chapter 8 Major Application Analysis
Chapter 9 Industry Chain Analysis
Chapter 10 Global and Regional Market Forecast
Chapter 11 Major Manufacturers Analysis
Chapter 12 New Project Investment Feasibility Analysis
Chapter 13 Conclusions
Chapter 14 Appendix
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Hybrid Cloud Computing Market Structure, Industry Inspection, and Forecast 2025 - Express Journal
Hybrid Cloud Computing Market: Qualitative Analysis of the Leading Players and Competitive Industry Scenario, 2026 – Express Journal
The new research report titles Global Hybrid Cloud Computing market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 that studies all the vital factors related to the Global Hybrid Cloud Computing market that are crucial for the growth and development of businesses in the given market parameters. The report highlights the important elements related to the market such as the market size, share, company profiles, profitability, opportunities and threats, technological advancements, key market players, regional segmentation, and many more important elements related to the Global Hybrid Cloud Computing market.
The recent Hybrid Cloud Computing market report contains a detailed analysis of this business domain in accordance to the primary growth catalysts, opportunities, and limitations shaping the industry dynamics. An economy-wide database of the regional markets along with the leading organizations that occupy them is outlined in the document. Furthermore, it studies the impact of COVID-19 pandemic on the growth matrix of this vertical and draws attention to the popular tactics adopted by major players to adapt to the uncertainties in the industry.
Major highlights from COVID-19 impact analysis:
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An overview of the regional analysis:
Additional highlights from the Hybrid Cloud Computing market report:
Some of the key questions answered in this report:
What will the Hybrid Cloud Computing market growth rate, growth momentum or acceleration market carries during the forecast period?
What was the size of the emerging Hybrid Cloud Computing market by value in 2020?
What will be the size of the emerging Hybrid Cloud Computing market in 2025?
Which are the key factors driving the Hybrid Cloud Computing market?
Which region is expected to hold the highest market share in the Hybrid Cloud Computing market?
What trends, challenges and barriers will impact the development and sizing of the Global Hybrid Cloud Computing market?
What are the Hybrid Cloud Computing market opportunities and threats faced by the vendors in the global Hybrid Cloud Computing Industry?
What are sales volume, revenue, and price analysis of top manufacturers of Hybrid Cloud Computing market?
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Hybrid Cloud Computing Market: Qualitative Analysis of the Leading Players and Competitive Industry Scenario, 2026 - Express Journal
Cloud Computing Services Market to 2026: Report on Top Company Players, Industry Insights and Overview – The Market Feed
The researchoffers a comprehensive analysis of the Cloud Computing ServicesMarket. Bringing out the complete key insights of the industry, the report aims to provide an insight into the latest trends, current market scenario, and technologies related to the market. In addition, it helps the venture capitalists to understand the revenue opportunities across different segments to make better decisions. Global Cloud Computing Services market provides a detailed report which covers market analyses before COVID19 & opportunities after this pandemic. With COVID-19 pandemic, many industries are transforming rapidly. The Global Cloud Computing Services Market is one of the major industries undergoing changes. This year many industries have vanished entirely from the market and many industries have risen.
Moreover, the government-backed schemes throughout the globe are offering many advantages to businesses. As the governing bodies are supporting the industries, it be a strong pillar to support the market growth of Cloud Computing Services in the upcoming decade (2020-2026). Organizations planning to move into new market segments can take the help of market indicators to draw a business plan. With the technological boom, new markets are blossoming across the globe, making it a breeding ground for new businesses.
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Global Cloud Computing Services Market 2020: Covering both the industrial and the commercial aspects of the Global Cloud Computing Services Market, the report encircles several crucial chapters that give the report an extra edge. The Global Cloud Computing Services Market report deep dives into several parts of the report that plays a crucial role in getting the holistic view of the report. The list of such crucial aspects of the report includes company profile, industry analysis, competitive dashboard, comparative analysis of the key players, regional analysis with further analysis country wise.
Global Cloud Computing Services Market Analysis by Key Players:
Moreover, one of the uniqueness in the report is that it also covers the country-level analysis of the regulatory scenario, technology penetration, predictive trends, and prescriptive trends. This not only gives the readers of the report the actual real-time insights but also gives country-wise analysis, that plays a vital role in decision making. The inclusion of the report is not limited to the above mention key pointers. The report also emphasizes on the market opportunities, porters five forces, and analysis of the different types of products and application of the Global Cloud Computing Services Market.
The report splits by major applications:
Then report analyzed by types:
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Global Cloud Computing Services Market Report is a professional and in-depth research report on the worlds major regional market conditions of the Cloud Computing Services industry, focusing on the main regions and the main countries as Follows:
COVID-19 Impact on Cloud Computing Services Market:
The outbreak of COVID-19 has brought along a global recession, which has impacted several industries. Along with this impact COVID Pandemic has also generated few new business opportunities for Cloud Computing Services Market. Overall competitive landscape and market dynamics of Cloud Computing Services has been disrupted due to this pandemic. All these disruptions and impacts has been analysed quantifiably in this report, which is backed by market trends, events and revenue shift analysis. COVID impact analysis also covers strategic adjustments for Tier 1, 2 and 3 players of Cloud Computing Services Market.
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Table of Contents Includes Major Pointes as follows:
The ins and outs of cloud-native computing – IT Brief Australia
Article by Gigamon country manager for A/NZ George Tsoukas.
For businesses and other organisations that want to get the most out of their approach to the cloud, cloud-native computing may provide the answer.
Unfortunately, although the benefits are widely recognised, there is a lot of confusion about what cloud-native computing actually is. So what is cloud-native, and how does it native compare with cloud-based computing? Perhaps most importantly, what kinds of advantages does cloud-native computing bring to the table?
This is a relatively new approach to managing data and running applications. It is similar to traditional computing, except that rather than deploying applications on physical in-house/on-site hardware, all software, servers and networks are hosted within the cloud.
Cloud computing uses an on-demand computer model, where IT resources are accessible via Internet connections on an as-needed basis. One typical example of cloud computing is email SaaS providers such as Gmail or Microsoft Outlook allow users to store email data within off-site servers, which can then be accessed via any standard web browser.
Cloud-native computing falls into the above criteria since it is cloud-based. That said, the term cloud-native refers more specifically to the overall infrastructure of cloud computing.
Simply put, its more about how applications are organised than where they are deployed. In cloud-native computing, all relevant components are assembled for full optimisation of the cloud environment. As such, cloud-native is as much a way of thinking as it is a computing architecture.
In constructing critical business systems, organisations that adopt a cloud-native approach need to be much more involved in the design, implementation and operation of the cloud applications, while fully utilising resources provided by cloud service providers.
There are certain factors to consider when adopting a cloud-native approach. This is because this approach demands more than merely taking existing, on-premises applications and moving them over to the cloud.
Cloud-native computing requires that apps be explicitly designed for optimal effectiveness within a cloud environment, with an architecture that supports this ideal. Modern cloud services are making this possible.
However, organisations and IT departments should keep in mind certain considerations mind when creating cloud-native applications:
Cloud-native architecture offers certain benefits and advantages over traditional computing solutions.
They are independent services packaged together as containers meaning they have the potential to scale in and out very fast. Because of cloud-native containerisation, specific services can be added or removed without affecting the other aspects of the application.
Cloud-native apps can be shipped exceptionally quickly and updated on a near-constant basis. This results in faster time to market as well as an improved customer experience.
Finally, cloud-native applications are easier to manage. Thanks to containerisation, support tools and cloud standards, the cost of operating a cloud-native infrastructure is generally less than the cost of transitioning existing non-cloud applications into a cloud environment.
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The ins and outs of cloud-native computing - IT Brief Australia
Cloud Computing in Healthcare Market Share, Growth, Statistics, By Application, Production, Revenue & Forecast To 2026 – The Market Feed
An analysis report published by DataIntelo is an in-depth study and detailed information regarding the market size, market performance and market dynamics of the Cloud Computing in Healthcare. The report offers a robust assessment of the Global Cloud Computing in Healthcare Market to understand the current trend of the market and deduces the expected market trend for the Cloud Computing in Healthcare market for the forecast period. Providing a concrete assessment of the potential impact of the ongoing COVID-19 in the next coming years, the report covers key strategies and plans prepared by the major players to ensure their presence intact in the global competition. With the availability of this comprehensive report, the clients can easily make an informed decision about their business investments in the market.
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This detailed report also highlights key insights on the factors that drive the growth of the market as well key challenges that are expected to hamper the market growth in the forecast period. Keeping a view to provide a holistic market view, the report describes the market components such as product types and end users in details with explaining which component is expected to expand significantly and which region is emerging as the key potential destination of the Cloud Computing in Healthcare market. Moreover, it provides a critical assessment of the emerging competitive landscape of the manufacturers as the demand for the Cloud Computing in Healthcare is projected to increase substantially across the different regions.
The report, published by DataIntelo, is the most reliable information because it consists of a concrete research methodology focusing on primary as well as secondary sources. The report is prepared by relying on primary source including interviews of the company executives and representatives and accessing official documents, websites, and press release of the companies. The DataIntelos report is widely known for its accuracy and factual figures as it consists of a concise graphical representations, tables, and figures which displays a clear picture of the developments of the products and its market performance over the last few years.
Furthermore, the scope of the growth potential, revenue growth, product range, and pricing factors related to the Cloud Computing in Healthcare market are thoroughly assessed in the report in a view to entail a broader picture of the market.
Key companies that are covered in this report:
MicrosoftInternational Business Machines (IBM)DellORACLECarestream HealthMerge HealthcareGE HealthcareAthenahealthAgfa-GevaertCareCloud
*Note: Additional companies can be included on request
The report covers a detailed performance of some of the key players and analysis of major players in the industry, segments, application and regions. Moreover, the report also takes into account the governments policies in the evaluation of the market behavior to illustrate the potential opportunities and challenges of the market in each region. The report also covers the recent agreements including merger and acquisition, partnership or joint venture and latest developments of the manufacturers to sustain in the global competition of the Cloud Computing in Healthcare market.
By Application:
HospitalClinicsOthers
By Type:
HardwareSoftwareServices
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According to the report, the Cloud Computing in Healthcare market is projected to reach a value of USDXX by the end of 2027 and grow at a CAGR of XX% through the forecast period (2020-2027). The report covers the performance of the Cloud Computing in Healthcare in regions, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa by focusing some key countries in the respective regions. As per the clients requirements, this report can be customized and available in a separate report for the specific region and countries.
The following is the TOC of the report:
Executive Summary
Assumptions and Acronyms Used
Research Methodology
Cloud Computing in Healthcare Market Overview
Cloud Computing in Healthcare Supply Chain Analysis
Cloud Computing in Healthcare Pricing Analysis
Global Cloud Computing in Healthcare Market Analysis and Forecast by Type
Global Cloud Computing in Healthcare Market Analysis and Forecast by Application
Global Cloud Computing in Healthcare Market Analysis and Forecast by Sales Channel
Global Cloud Computing in Healthcare Market Analysis and Forecast by Region
North America Cloud Computing in Healthcare Market Analysis and Forecast
Latin America Cloud Computing in Healthcare Market Analysis and Forecast
Europe Cloud Computing in Healthcare Market Analysis and Forecast
Asia Pacific Cloud Computing in Healthcare Market Analysis and Forecast
Middle East & Africa Cloud Computing in Healthcare Market Analysis and Forecast
Competition Landscape
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Impact of COVID-19 on Healthcare Cloud Computing Market 2020 | Size, Growth, Demand, Opportunities & Forecast To 2026 | CareCloud Corporation,…
Healthcare Cloud Computing Marketresearch report is the new statistical data source added byA2Z Market Research.
Healthcare Cloud Computing Market is growing at a High CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.
Healthcare Cloud Computing Marketresearch is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
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Note In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Top Key Players Profiled in this report are:
CareCloud Corporation, ClearData Networks, Athenahealth, Cerner Corporation, Epic Systems Corporation, NextGen Healthcare, Carestream Corporation, Dell, DICOM Grid, INFINITT Healthcare, Sectra AB, Merge Healthcare, Siemens Healthineers, iTelagen, NTT DATA Corporation, Nuance Communications, Ambra Health.
The key questions answered in this report:
Various factors are responsible for the markets growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Healthcare Cloud Computing market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Healthcare Cloud Computing markets trajectory between forecast periods.
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Regions Covered in the Global Healthcare Cloud Computing Market Report 2020:The Middle East and Africa(GCC Countries and Egypt)North America(the United States, Mexico, and Canada)South America(Brazil etc.)Europe(Turkey, Germany, Russia UK, Italy, France, etc.)Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
The cost analysis of the Global Healthcare Cloud Computing Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.
The report provides insights on the following pointers:
Market Penetration:Comprehensive information on the product portfolios of the top players in the Healthcare Cloud Computing market.
Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification:Exhaustive information about new products, untapped geographies, recent developments, and investments in the Healthcare Cloud Computing market.
Table of Contents
Global Healthcare Cloud Computing Market Research Report 2020 2026
Chapter 1 Healthcare Cloud Computing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Healthcare Cloud Computing Market Forecast
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Report On Cloud Computing Market to 2026: (Industry Insights, Company Overview and Investment Analysis) – The Market Feed
Cloud Computing MarketResearch Report covers the present scenario and the growth prospects of the Keyword Industry for 2020-2026. The report covers the market landscape and its growth prospects over the coming years and discussion of the Leading Companies effective in this market. Cloud Computing Market has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated from the sales of Keyword globally.
The Cloud Computing market research study considers the present scenario of the Cloud Computing industry and its market dynamics for the period 20202026. The report covers both the demand and supply aspects of the market. Cloud Computing market research report provides market sizing, share, forecast estimation & approach, Covid19 aftermath Analyst view, strategic analysis, revenue opportunities, industry trends, competition outlook, insights and growth relevancy mapping, growth drivers, and vendor analysis.
Cloud Computing Market reports under the Cloud Computing industry are supported by various macro and microeconomic factors impacting the industry. We browse through historical data and provide an overview of the emerging markets and the next big opportunities for investors within the niche market. After COVID pandemic, there are increasing demand from emerging countries provides a good business opportunity for companies to invest in coming years. Our reports are updated with changing industry regulatory policies and offer insight depending on clients requirement.
The global Cloud Computing market has been subjected to several regulatory compliances and crucial coding terminology over the years. Adherence to regulatory standards remains crucial for vendors.
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The study profiles and examines leading companies and other prominent companies operating in the Cloud Computing industry.
List of key players profiled in the report:
Cloud Computing Market segmentation as per below:
Based on Product Types:
Applications covered in this report:
COVID-19 Impact on Cloud Computing Industry
The outbreak of COVID-19 has bought along a global recession, which has impacted several industries. Along with this impact COVID Pandemic has also generated few new business opportunities for Cloud Computing market. Overall competitive landscape and market dynamics of Cloud Computing has been disrupted due to this pandemic. All these disruptions and impacts has been analysed quantifiably in this report, which is backed by market trends, events and revenue shift analysis. COVID impact analysis also covers strategic adjustments for Tier 1, 2 and 3 players of Cloud Computing market.
The competitive environment in the Cloud Computing market is intensifying. The market currently witnesses the presence of several major as well as other prominent vendors, contributing toward the market growth. However, the market is observing an influx of local vendors entering the market.
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Vendors can consider targeting key regions such as APAC, North America, and Europe to gather maximum customer attention. Countries in the APAC region such as China, India, and Japan among others are expected to display significant growth prospects in the future due to high economic growth forecasts along with huge population statistics leading to high consumption of goods and products.
Regional Overview & Analysis of Cloud Computing Market:
The changing regulatory compliance scenario and the growing purchasing power among consumers are likely to promise well for the North America market. New product development and technological advancements remain key for competitors to capitalize upon in the Cloud Computing industry across the globe.
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Key Market Insights:
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Report On Cloud Computing Market to 2026: (Industry Insights, Company Overview and Investment Analysis) - The Market Feed
AWS posts $11.6 billion revenues in record-breaking quarter, up 29% year on year – Cloud Tech
Amazon Web Services (AWS) secured revenues of $11.6 billion (8.94bn) for its most recent quarter comprising 12% of Amazons overall revenue and the largest in absolute figures ever posted.
AWS revenue for the third quarter was up 29% compared to the previous year, and up from $10.8bn for the previous quarter. For nine months revenue, up to $32.6bn from $25.1bn, this represented a 30% uptick. Total Amazon revenues were at $96.1bn.
In terms of wider revenues, Amazon achieved them amid the postponement of Prime Day, which normally takes place in August but was moved to October this year as a result of the Covid-19 pandemic. Brian Olsavsky, Amazon chief financial officer, noted that with regard to guidance there was a lot of uncertainty around Q4 for the wider business noting not only the upcoming US election but the usual holiday season as key factors.
Speaking on an earnings call, Olsavsky said AWS customer usage remained strong, with companies meaningfully growing their plans to move to AWS. Yet he added, in response to an analyst question, that cloud was a mixed bag, noting as with many providers the pandemic had seen an acceleration in organisations cloud initiatives, with understandable anomalies in areas such as travel and hospitality.
[The] majority of companies are looking for ways to cut down on expenses, said Olsavsky. Going to cloud is a good way to cut down on expenses long-term. Trying to cut down on their short-term costs in the cloud, by tuning their workloads were helping them do that and doing the best we can to help them save short-term dollars.
But even and despite those actions with strong growth the year-over-year growth in absolute dollars this quarter was the largest weve ever seen we feel good about the state of the business and the state of our sales force and their ability to drive value during this period, he added.
Highlights for AWS in the most recent quarter included telecoms initiatives, partnering with Verizon and Bharti Airtel, while customer successes included the National Football League (NFL). AWS also announced the general availability of Amazon Braket, a fully managed service which provides a development environment for exploring quantum computing algorithms.
Going forward, all eyes will be on re:Invent, which has been pegged this year as a three-week virtual conference beginning November 30.
You can read the full earnings release here.
Interested in hearing industry leaders discuss subjects like this and sharing their experiences and use-cases? Attend theCyber Security & Cloud Expo World Serieswith upcoming events in Silicon Valley, London and Amsterdam to learn more.
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AWS posts $11.6 billion revenues in record-breaking quarter, up 29% year on year - Cloud Tech
The Trend of Cloud Computing Amidst COVID-19 – Analytics Insight
The Covid19 pandemic has upended life as we know it. The year 2020 is likely to be remembered as the year when remote work became a reality for millions of people globally. With the total number of global coronavirus infections exceeding 40 million in Mid October 2020, the end of social distancing efforts does not seem to be coming any soon. A direct result of this contagion is that businesses and their employees worldwide are facing tremendous challenges in maintaining business continuity. In these troubled times, cloud computing has emerged as a literal savior in ensuring business continuity and is experiencing substantial growth in adoption.
While many companies are finding it difficult to adapt to the new normal, enterprises that had opted to invest in a robust cloud computing infrastructure ahead of this pandemic are functioning well. Cloud computing helps employees and co-workers collaborate and communicate safely with each other in a remote environment.
There are some specific ways that cloud computing is helping manage businesses during Covid19 times. These are:
Since March 2020, governments worldwide started enforcing lockdown orders on the population of entire cities, counties, and countries. As a result, there has been a surge in the use of video conferencing tools and virtual meeting software within a short period. In June 2020, Zoom reported a year-on-year increase of 169% in its total revenue due to the accelerated adoption of its platform globally.
A direct corollary to this has been a massive spike in demand for internet bandwidth globally. Such spikes in bandwidth demand have never taken place before. In such cases, cloud computing has proven to be a veritable savior as it is easier to handle unexpected spikes in bandwidth usage in a cloud computing scenario.
In industry verticals like healthcare, where data is the primary asset, management and storage of data can be prohibitively expensive if on-premise servers are used. In such a scenario, cloud computing can assist you by providing access to online data backup solutions that are quickly scalable. However, a direct result of the adoption of online storage solutions is that large enterprises have started using online services such as Dropbox and Google Drive.
While such services are convenient to use, there are inherent security risks using such third-party file sharing solutions. Data is usually taken outside an organizations IT environment, which implies that it goes beyond its control. A solution to such a security problem is provided by Centrestack, which provides a cloud file server that enhances file server mobility and simplifies remote access to data.
Before the pandemic, business collaboration used to involve face-to-face interaction in a central office environment. Such collaboration and engagement was critical in ensuring that business objectives were achieved by large teams. With the pandemic forcing millions of office workers to work remotely, companies leaders struggle to create a similar level of engagement between team members.
Cloud collaboration applications help in increasing efficiency and enhancing productivity. Such applications let individuals share or edit projects concurrently in different locations. Many such applications also have in-built communication tools and access control rules that allow selective access to information.
Covid-19 has brought about a paradigm shift not only in human behavior but also in the way that businesses have accelerated their adoption of cloud computing. Such a trend is expected to increase over the next few months as more and more organizations see the inherent benefits of cloud computing.
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The Trend of Cloud Computing Amidst COVID-19 - Analytics Insight