Category Archives: Cloud Computing
How to deal with the challenges of cloud storage vs. SAN – TechTarget
By moving data storage to the cloud, businesses can focus more on the core competencies of supporting their business model.
For instance, cloud services simplify the data center backup and recovery processes, enabling a smaller staff to manage them. You no longer must manage a large backup infrastructure but, instead, can handle recovery with a few mouse clicks. Large cloud providers offer data redundancy across geographically disparate data centers, in turn, making your data safer.
Among the greatest benefits of the cloud are the rapid deployment of resources and timely decision-making. These advantages are particularly relevant today with COVID-19 and so many people working from home. Entire environments can be spun up in hours versus months. Cloud services are perfect for rapidly changing workloads and quick responses to emergencies.
Nevertheless, there are many challenges when extending the storage infrastructure into the cloud. What follows is a look at 13 areas where challenges arise in managing cloud storage vs. a local SAN, including:
Cloud storage challenges often relate to the choice of a cloud provider. With a local SAN, there's more variability and flexibility in dealing with problems. It's important to know how to handle the challenges of cloud storage vs. a local SAN. The best approaches require due diligence and a proactive process to make the correct choices for your business.
Costs are difficult to plan for and manage with cloud deployments. The ability to rapidly expand resources is a key cloud advantage in the cloud storage vs. SAN debate, but costs can skyrocket when it's so easy to create new environments.
Do an audit to estimate your cloud infrastructure costs, including the ones involved with:
Outbound data transfer is charged at the normal rate. Inbound data transfer is free. It will cost more to bring servers and data back on premises than to move them to the cloud. There's no direct comparison among providers because each offers different options, including pay as you go, reserved volume discounts and instances per second used.
You should have an exit strategy because data lock-in is the most difficult risk to mitigate, especially in a cloud deployment where it's difficult to switch vendors.
Obtaining automated and detailed usage reports for cost tracking and reporting is challenging. Third-party management and reporting tools, such as Datadog, Dynatrace and SolarWinds, can be helpful.
Cost management in a local SAN environment centers on hardware lifecycle management, service contract management and managing the capital expenses that go with those items in the budget. Lifecycle management and proper planning of hardware replacements is key to reducing costs when managing a local environment; hardware support costs can spiral after five years.
Other cloud storage challenges come up when considering migration issues. A cloud migration plan must consider all the workloads to be transferred to the cloud and the sequence for migrating them. Consider using professional services to help design and build a step-by-step approach, which, in turn, enables the implementation team to learn as it goes and to create detailed documentation.
A local SAN migration plan must consider the underlying network infrastructure and compatibility. For instance, the old SAN or Ethernet network might be 10 GB and the new 25 GB. Software migration tools can help. Vendors often provide these tools free, but they can be difficult to use. Third-party tools, such as Datadobi, also are available. Migrating to an entirely different hardware platform requires attention to security, protocols, IP and name changes, and shares. Proper planning is key whether planning a migration in the cloud or locally.
Why move back from the cloud? Many factors may drive the need for some resources to move back on premises. Keeping data in the cloud can become less cost-effective over time. Other issues can come up related to data control and security, performance, I/O requirements and vendor lock-in.
Proper planning for high-performance applications or ones that have specific data-compliance requirements is critical. Some of these applications are better suited to the local SAN environment.
There's no standardization of cloud service-level agreements (SLAs). Each provider has its own SLA metrics, restrictions and exceptions related to service availability and standards. Consider your organization's availability, response time, capacity and support requirements. Pay close attention to all legal requirements for data security and determine who's accountable for failures.
Local SAN management requires custom SLAs based on local resources and mutual agreements between the business groups and the SAN management team. It's important to review and create manageable and realistic agreements that the local IT team can support with back up from vendors.
In a cloud environment, security risks are important to consider when customizing for the integration of mobile deployments, deployment of content in multiple markets and the handling of personally identifiable information. Legal agreements may be needed with a cloud provider to ensure the compliance of any customization.
The same considerations apply with a local SAN. Proper planning for business applications is critical, and the environment must be customized for specific application needs, such as disk I/O and network bandwidth. However, it's up to the local team to ensure the environment is properly customized for all business requirements.
Other cloud storage challenges relate to security and compliance. For one thing, cloud computing widens the potential attack surface. While the cloud provider is responsible for physical security, business continuity, DR and network security, additional security controls and responsibilities are left to the customer.
Security and regulatory requirements often dictate what can and can't be moved to the cloud. With the numerous state, federal and international requirements -- including Sarbanes-Oxley Act, Criminal Justice Information Services, HIPAA, GPDR, and the Family Education Rights and Privacy Act -- it may make sense to store data locally.
When considering cloud storage vs. SAN, security requirements are similar. Again, it's the difference between a vendor contract ensuring compliance and a local team making sure the requirements are met. You need to understand your security goals, what each provider offers and who's responsible for what.
From a cloud deployment perspective, consider your environment and how the provider's offerings fit in to your workflows. Microsoft Azure may make sense for an organization that's already using a lot of Microsoft software. Amazon or Google cloud services might make sense if you use either vendor's other services.
From a local SAN management perspective, architecture design hinges on striking a balance between price and performance to meet business needs. Other considerations include business continuity, security, reporting, backup and recovery.
When looking at the challenges of cloud storage, compatibility is more of a cloud deployment issue than a local one. In the cloud there are more SaaS and PaaS options. Application compatibility testing is critical, but it's also complex. When testing identifies compatibility issues, other options such as infrastructure, PaaS and SaaS can be considered. Ensure that an assessment and compatibility test is completed prior to any migrations.
Business continuity and data recovery can be easier in the cloud because of built in recovery options. The biggest challenges for data recovery from the cloud are related to operational recoveries, including bandwidth consumption, the cost of bringing data back and the time it takes to recover data. Many critical workloads may need to remain on premises for these reasons.
Local data recovery is often more complex because an alternate disaster recovery location is often needed above and beyond the built-in tools in a storage system. This can mean buying twice as much hardware and supporting a separate DR site. Understanding the needs of the business is crucial, as long-term backup and failover options may be needed in addition to local snapshots and basic operational recovery at a single local site.
Consider the level and form of support you'll need before you choose a cloud provider. The most important options vary among providers. They include 24/7 support and response time, tools to monitor and report on your environment, consultative agreements, dedicated account managers and engineers, and proactive reviews with subject-matter experts.
Local SAN architecture has the same considerations, but you must ensure there are enough staff members with the appropriate training to support the infrastructure, as well as the appropriate support contracts in place to get help from vendors when needed.
Lock-in is a consideration for both cloud and local deployments. When assessing a vendor, review your migration goals and current infrastructure costs and resources, and look at each vendor carefully. You should have an exit strategy because data lock-in is the most difficult risk to mitigate, especially in a cloud deployment where it's difficult to switch vendors. Set up your data for maximum portability.
Manageability can underscore the challenges of cloud storage vs. SAN. Cloud services can reduce infrastructure manageability. For instance, direct access to server consoles and direct control over what's running on shared infrastructure is limited. All service providers support different orchestration tools and integrate with different services. An organization must consider what level of control it requires over its environment.
In a local SAN deployment, vendors generally offer management tools. There are also numerous vendor-neutral options. It's critical to do demos and find what suits your needs.
Cloud computing enables IT staff to rapidly develop complex systems and deploy them across the globe, but this approach can create reliability risks. Cloud providers are continuously developing new ideas and including them in their services. The rapid rate of change can cause service failures. Consider globally redundant cloud offerings for maximum recoverability and reliability.
Local deployments require more planning and management to ensure business continuity, generally with multiple sites and redundant hardware. Options to consider include replication to third-party cloud vendors and the creation of a local business continuity plan with redundant hardware at a privately owned alternate location.
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How to deal with the challenges of cloud storage vs. SAN - TechTarget
Trending News 2020 Covid-19 impact on Cloud Intelligent Computing Chip Industry Trends, Statistics, Size, Share, Growth, by Key Players Industry…
Global Cloud Intelligent Computing Chip Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)
Global Cloud Intelligent Computing Chip Market Report offers an entire study of the Impact of COVID-19 on Cloud Intelligent Computing Chip Market, Industry Outlook, Opportunities in Market, and Expansion By 2025 and also taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of this also as a future scenario of the worldwide Cloud Intelligent Computing Chip industry. Research techniques like PESTLE and SWOT analysis are deployed by the researchers. They need also provided accurate data on Cloud Intelligent Computing Chip production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the general existing and future market situation.
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Cloud Intelligent Computing Chip Market competition by top manufacturers/Key player Profiled:Cambricon, Nvidia, Huawei Hisilicon
The study objectives of Cloud Intelligent Computing Chip Market report are: 1.To identify opportunities and challenges for Global Cloud Intelligent Computing Chip.2.To provide insights about factors affecting market growth. To analyze the Cloud Intelligent Computing Chip market based on various factors- price analysis, supply chain analysis, SWOT analysis, etc.3.To identify and analyze the profile of leading players involved within the manufacturing of worldwide Cloud Intelligent Computing Chip.4.To provide country-level analysis of the market regarding the present Cloud Intelligent Computing Chip market size and future prospective.5.To examine competitive developments like expansions, new product launches, mergers & acquisitions, etc., in Global Cloud Intelligent Computing Chip.6.To provide a detailed analysis of the market structure alongside forecast of the varied segments and sub-segments of the worldwide Cloud Intelligent Computing Chip market.
By Types, the Cloud Intelligent Computing Chip Market can be Splits into:
7nm12nm16nm
By Applications, the Cloud Intelligent Computing Chip Market can be Splits into:
Cloud Computing Data CenterEnterprise Private Cloud
With the slowdown in world economic growth, the Cloud Intelligent Computing Chip industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Cloud Intelligent Computing Chip market size to maintain the average annual growth rate of xx from xx million $ in 2015 to xx million $ in 2020, This Report analysts believe that in the next few years, Cloud Intelligent Computing Chip market size will be further expanded, we expect that by 2025, The market size of the Cloud Intelligent Computing Chip will reach xx million $.This Report covers the manufacturers data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
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Regions Covered in these Report:
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)Europe (Germany, the UK, France, and Rest of Europe)North America (the US, Mexico, and Canada)Latin America (Brazil and Rest of Latin America)Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
Global Cloud Intelligent Computing Chip Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Cloud Intelligent Computing Chip Market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons To Buy: Make strategic business decisions using in-depth historic and forecast market data associated with the Cloud Intelligent Computing Chip market, and every category within it.Extensive price charts draw particular pricing trends within recent yearsPosition yourself to realize the most advantage of the Cloud Intelligent Computing Chip markets growth potentialTo understand the latest trends of the Cloud Intelligent Computing Chip marketTo understand the impactful developments of key players within the market, their strategic initiatives and comprehensively study their core competencies
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Table of Contents
Report Overview:It includes major players of the global Cloud Intelligent Computing Chip Market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Global Growth Trends:This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the global Cloud Intelligent Computing Chip Market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the global Cloud Intelligent Computing Chip Market are discussed.
Market Share by Manufacturers:Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type:This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application:Besides an overview of the global Cloud Intelligent Computing Chip Market by application, it gives a study on the consumption in the global Cloud Intelligent Computing Chip Market by application.
Production by Region:Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region:This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles:Almost all leading players of the global Cloud Intelligent Computing Chip Market are profiled in this section. The analysts have provided information about their recent developments in the global Cloud Intelligent Computing Chip Market, products, revenue, production, business, and company.
Market Forecast by Production:The production and production value forecasts included in this section are for the global Cloud Intelligent Computing Chip Market as well as for key regional markets.
Market Forecast by Consumption:The consumption and consumption value forecasts included in this section are for the global Cloud Intelligent Computing Chip Market as well as for key regional markets.
Value Chain and Sales Analysis:It deeply analyzes customers, distributors, sales channels, and value chain of the global Cloud Intelligent Computing Chip Market.
Key Findings: This section gives a quick look at important findings of the research study.
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Securing healthcare organizations when moving to the cloud – Techradar
Organizations across industries have been forced to adapt and adjust digital transformation initiatives to meet the needs of a changing world. While the healthcare industry has a history of embracing new technologies and digital transformation (DX) more slowly than other industries, COVID-19 has served as a driving force for the recent acceleration of such initiatives.
With a shortened timeline to launch new technologies, security and business continuity flaws can quickly arise. Therefore, it is critical that healthcare organizations take the necessary steps to review their IT infrastructure to ensure that new / existing technologies meet the Health Insurance Portability and Accountability Act (HIPAA) as well as perform critical data security and backup functions to ensure business continuity.
As the healthcare industry adapts to new patient and physician needs, the demand for cloud-based solutions and telehealth offerings has increased. In 2019, only 11 percent of U.S. consumers used telehealth offerings, but now, 46 percent of consumers conduct their healthcare appointments via telehealth platforms. Additionally, according to Dattos 2020 State of the MSP report, upwards of 70 percent of respondents, including managed service providers (MSPs) who work with healthcare institutions, are projected to use Microsoft 365 cloud services within the next two years and anticipate cloud migrations to be the top business driver in 2020.
Some of the most recent healthcare organizations shifting to cloud computing services include Cerner, Allscripts, and MEDITECH. But what these companies, and many others, may not realize is that the cloud solutions they choose such as Google G suite and Microsoft 365, dont provide the level of security and business continuity processes needed to protect sensitive data, while remaining HIPAA compliant.
This is because the cyber threat landscape is expanding rapidly. In fact, 75 percent of healthcare organizations have experienced a cyberattack in their lifetime; 53 percent in just the last year. COVID-19 related fear and uncertainty adds to the chaos with malicious hackers employing techniques related to the pandemic to infiltrate healthcare organizations. In order for healthcare cyber security teams to be able to effectively address the threat landscape, improve their overall security posture and protect patient data, it is critical that they take a proactive approach to IT by implementing an effective software-as-a-service (SaaS) protection solution.
While moving to the cloud is an important and necessary step to meet DX demands, several risks must be considered and monitored throughout the process. First and foremost, data created in cloud-based offerings like Microsoft 365 and Google G Suite are just as vulnerable to accidental deletion, ransomware, and other corruption as data stored in on-premise applications. Additionally, many SaaS application user agreements state that data protection, data-level security, and long-term retention are ultimately the responsibility of the end-user.
This is why many cloud-based vendors like Microsoft typically recommend a shared responsibility model, a third-party backup solution (such as SaaS protection), in its Services Agreement. In other words, adding SaaS protection will secure the organizations data against service interruptions, loss of service due to natural disaster or power outage, and prevent unnecessary downtime, which is especially crucial for healthcare organizations which are currently at an increased risk of attack or disruption.
Not only do healthcare organizations have to worry about cyber and data corruption threats when moving to the cloud, but they also have to keep in mind federal regulations, such as HIPAA. For many industries, storing data for extended periods of time is a nice-to-have, but for healthcare, it is legally mandated. Healthcare organizations are required to store patient data for seven years, so loss of data isnt an option.
As the industry shifts to the cloud, cloud solutions such as Microsoft Office 365 will house data for 90 days, which simply wont cut it in healthcare. For example, if an employee were to leave a healthcare institution, the data on their device and account will only be stored for up to 90 days. That means data generated from various patient encounters would be wiped clean, which is in violation of HIPAAs requirements for every healthcare organization to store any and all patient data for seven years.
The healthcare industry as we know it has changed forever. Those institutions that learn and adapt to the changing landscape will come out of the pandemic stronger than ever. Healthcare organizations need to be equipped to meet the growing demand for cloud-based offerings, and securely meet those expectations.
Adopting a cloud-based solution is a crucial first step in a successful DX strategy, but without the proper proactive security measures in place progress stalls and weaknesses become more apparent. Its only a matter of time before its simply too late to patch weaknesses and critical patient data is lost for good, or worse stolen and exploited.
By investing in an effective SaaS protection solution, healthcare organizations can put their worries aside when it comes to data storage and security vulnerabilities and focus on providing the best possible care to their patients.
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Securing healthcare organizations when moving to the cloud - Techradar
VGT: Buy the Dips in These 3 Tech ETFs – StockNews.com
Since the beginning of the pandemic, there has been a huge disconnect between the economy and the stock markets. Despite second-quarter GDP dropping by 33%, the stock market quickly recovered its losses. Most of the markets gains were concentrated in tech as it was the most resilient and many companies actually saw an increase in sales.
At one point, the Nasdaq was almost 20% above its pre-coronavirus levels. However, in September, we got a much-needed correction with the Nasdaq dropping by nearly 15%. While there were concerns that a bubble was forming in tech, recent earnings reports validate much of the gains in stock prices.
As the tech industry is set to grow substantially in the future, investors should use the market dip to add exposure to technology. ETFs such as Vanguard Information Tech ETF (VGT), iShares Expanded Tech Software Sector ETF (IGV) and First Trust ISE Cloud computing Index Fund (SKYY) can help investors get an all-round exposure to different tech companies.
Vanguard Information Tech ETF (VGT)
VGT invests in notable tech companies of varying market sizes operating in any of the three segments hardware, software, and consulting. This top-heavy ETF allocates a large proportion of its assets to large-cap tech companies, thereby reducing the volatility of the fund. VGTs major holdings include Apple, Inc. (AAPL), Microsoft Corp (MSFT), and Visa, Inc. (V), which make up for 39.6% of its total assets. It has $36.87 billion worth of assets under management (AUM).
VGT has an expense ratio of 0.1% versus the category average of 0.51%. It has returned 23.3% year-to-date and 49.8% in the past six months. VGT pays an annual dividend of $2.87, which yields 0.94% based on its current price. The ETFs dividend payout grew at a CAGR of 19.5% in the past three months.
VGT has gained more than 85% since hitting its 52-week low of $179.45 in March. The ETF hit its 52-week high of $340.74 in September.
How does VGT stack up for the POWR Ratings?
B for Trade Grade
B for Buy & Hold Grade
B for Overall POWR Rating.
It is also ranked #24 out of 94 ETFs in the Technology Equities ETFs group.
iShares Expanded Tech Software Sector ETF (IGV)
IGV primarily invests in mid-cap tech companies operating in the United States. These up-and-coming companies have huge growth potential, and thereby this fund is ideal for investors looking to make substantial capital gains. However, IGVs top holdings include several well-known tech companies with huge market valuation and they help mitigate the overall risk of the portfolio. This passively managed fund with an annual turnover of 0.46% tracks S&P North American Technology- Software Index. It has an AUM of $5.04 billion, with major portfolio holdings such as Adobe (ADBE), Microsoft, and Salesforce.com Inc (CRM) accounting for 25.8% of it.
IGVs expense ratio of 0.46% is relatively lower than the category average of 0.51%. The ETF has gained 28.4% year-to-date, and 50.3% in the past six months. IGVs annual dividend of $1.24 yields 0.41% based on its current price.
IGV has gained more than 90% since hitting its 52-week low of $176.23 in March. The ETF hit its 52-week high of $337.08 in September.
Its no surprise IGV is rated a Buy in our POWR Ratings system, with a B for Trade Grade and Buy & Hold Grade. It is ranked #28 out of 94 ETFs in the Technology Equities ETFs group.
First Trust ISE Cloud computing Index Fund (SKYY)
SKYY primarily invests in cloud computing tech companies operating in the United States and globally. It has an AUM of $4.81 billion and invests in companies mainly listed in the ISE Cloud Computing Index. However, it is an actively managed ETF, with an annual turnover of 85%. SKYYs top holdings include several fortune 500 companies such as Amazon (AMZN), Microsoft, Alphabet (GOOGL), and Alibaba (BABA). It has $4.81 billion worth AUM.
SKYY has returned 27.1% to its investors year-to-date, and 55.5% in the past six months. SKYY has an expense ratio of 0.6%, slightly higher than its category average. But given its year-to-date performance, its worth spending a little higher for this fund. It pays $0.18 annually as a dividend, which yields 0.23%. SKYYs dividends have increased at a CAGR of 39.2% in the past three years.
SKYY gained more than 90% to hit its 52-week high of $86.15 in September since hitting its 52-week low of $45 in March. SKYY is rated a Buy in our POWR Ratings system, with a grade of B in Trade Grade and Buy & Hold Grade. It is currently ranked #29 out of 94 ETFs in the Technology Equities ETFs group.
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VGT shares were trading at $296.82 per share on Friday afternoon, down $4.98 (-1.65%). Year-to-date, VGT has gained 22.28%, versus a 3.60% rise in the benchmark S&P 500 index during the same period.
Aditi is an experienced content developer and financial writer who is passionate about helping investors understand the dos and don'ts of investing. She has a keen interest in the stock market and has a fundamental approach when analyzing equities. More...
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VGT: Buy the Dips in These 3 Tech ETFs - StockNews.com
Industry experts discuss disparities in cloud ERP – www.computing.co.uk
Industry experts discuss disparities in cloud ERP
Enterprise resource planning systems are among the most complex of any IT software tool - and although change is slow, the market is moving. Chief among these shifts is a move to the cloud - but not all migrations are equal.
Getting the most out of cloud-based ERP involves going beyond simply moving your existing on-premises solution(s) to a cloud environment. A well-implemented SaaS approach can not only transform and enhance these systems, but also evolve approaches to other processes and resources within the organisation.
Chief amongst these is what to do with the time the IT team is able to reclaim once they're no longer having to maintain on-prem ERP infrastructure. How can you use their technical skills to drive the core business instead of getting tied up by day-to- day IT?
In an upcoming webinar - Inside modern ERP: enabling transformation in people and processes - Computing's editorial director Stuart Sumner will join Unit4 CTO Claus Jepsen, the Natural History Museum's head of technology solutions, Richard Arthur Hinton, and Computing content strategist Andrew Hobbs to discuss cloud versus SaaS ERP.
The webinar, and accompanying dedicated research, will seek to address the issue of using IT skills to drive business, and the other key ways modern ERP can catalyse transformation in people and processes. This includes retaining and attracting talent, developing and right technology skills, and determining how ERP fits best into your wider transformation and cloud migration journey.
Register now to hear industry experts discuss the state of the modern ERP market, and the changes the last six months have wrought.
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Industry experts discuss disparities in cloud ERP - http://www.computing.co.uk
Mobile Edge Computing Market Worth $2.8 billion by 2027- Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research -…
LONDON, Sept. 17, 2020 /PRNewswire/ -- According to a new market research report titled,"Mobile Edge Computing Marketby Component, Application (Location-based Services, Unified Communication, Optimized Local Content Distribution, Data Analytics, Environmental Monitoring), Organization Size, and Region Global Forecast to 2027." Themobile edge computing market is expected to grow at a CAGR of 30.1% from 2020 to 2027 to reach $2.8 billion by 2027.
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Mobile edge computing is a network architecture that enables IT and cloud-computing capabilities at the edge of a cellular network. It is a new option for network providers challenged to meet consumer demands for improved coverage and greater bandwidth. It is mainly used to reduce network congestion and improve applications by performing related processing tasks closer to the end user. The technology is designed to be implemented at cellular base stations, providing rapid deployment of applications and other customer services. The increasing need among enterprises to deliver QoE along with rising demand for low-latency processing and real-time automated decision-making solutions are anticipated to boost the growth of this market. However, the lack of required infrastructure and deployment capabilities are obstructing the growth of the market.
Impact of COVID-19 on the Mobile Edge Computing Market
In the first quarter of 2020, the world was hit by the COVID-19 pandemic. The outbreak was declared as the global pandemic by WHO, as it has spread in many countries across the globe and raised the number of cases multi-folds in few weeks. The COVID-19 pandemic has adversely hit many economies around the globe. The combat measures such as complete lockdown and quarantine to fight against COVID-19 have put strong adverse impacts on many industries across the globe, including the telecommunication industry.
The COVID-19 outbreak will have a serious impact on the mobile edge computing market because the GDP of the many countries has taken a toll, and adoption of5G technologywill be delayed because the 3GPP standards body has been sidelined by the COVID-19 outbreak. Moreover, the possibility of a general economic recession in response to the pandemic could severely shrink IT budgets in the coming months, making the potential customer base for new 5G technology commensurately smaller. Due to the outbreak of COVID-19, the growth of 5G support smartphone sales and network deployment will likely be slowed, which can obstruct the development of the mobile edge computing market to some extent.
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Moreover, due to the COVID-19 pandemic, many countries are postponing the deployment of 5G technology, which can directly hamper the growth of the mobile edge computing market. For instance, United Internet's CEO, Ralph Dommermuth, said that the construction of its subsidiary 1&1 Drillisch's 5G network would experience delays due to current measures adopted in the country to prevent a further spread of the COVID-19 pandemic in Germany. 5G buildout could take a short to medium-term hit because of economic slowdown given the spread of COVID-19 outbreak globally and resulting in supply chain disruption, 5G technology hardware delays and general effects of the economic downturn. But in the longer term, the burgeoning needs for home connectivity, digital health and even economic stimulus measures may give 5G technology buildout a boost. So, it is expected that 2020 would be a tough time for the growth of the mobile edge computing market.
The overall mobile edge computing market study presents historical market data in terms of value (2018 and 2019), estimated current data (2020), and forecasts for 2027. The market is segmented on the basis of component (hardware, software, & services), application (location-based services, video surveillance, unified communication, optimized local content distribution, data analytics, and environmental monitoring), organization size (large enterprises and small & medium-sized enterprises) and geography. The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the overall mobile edge computing market is segmented into hardware, software, and services. In 2020, the hardwaresegment is estimated to account for the largest share of the overall mobile edge computing market. Rapidly increasing investment in IoT and 5G technology, along with their high deployment rate is fueling the growth of this segment.
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Based on application, the overall mobile edge computing marketis segmented into location-based services, video surveillance, unified communication, optimized local content distribution, data analytics, and environmental monitoring. In 2020, thelocation-based services segment is estimated to account for the largest share of the overall mobile edge computing market. Recent developments in positioning technologies and improved data transmission through cloud computing and 5G are expected to drive the growth of this segment.
Based on organization size, the overall mobile edge computing market is segmented into large enterprises and small & medium-sized enterprises.In 2020, the large enterprises segment is estimated to command the largest share of the overall mobile edge computing market. Large-scale enterprises are deploying mobile edge computing technology owing to the increasing need for improved quality of service. Moreover, the rising data generation with greater data response requirements along with growing network subscriber base across the world has increased the demand for advanced mobile edge computing solutions among large enterprises.
Geographically, the North American region is estimated to command the largest share of the global mobile edge computing market in 2020. However, Asia-Pacific region is expected to witness rapid growth during the forecast period,owing to increased investments in telecommunication sectors, government initiatives to encourage digitalization, heavy investments in IoT & cloud technologies, and high penetration of smart devices in emerging economies.
The report also includes an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past four years. The mobile edge computing market has witnessed a number of product launches in recent years. The global mobile edge computing market is consolidated and dominated by few major players, namely, Huawei technologies co., Ltd. (China), Saguna Networks, Ltd. (Israel), Juniper Networks, Inc. (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Vapor IO (U.S.), ZephyrTel (U.S.), AT&T, Inc. (U.S.), Nokia Corporation (Finland), Renesas Electronics Corporation (Japan), Corning, Inc. (U.S.), Adlink Technology, Inc. (Taiwan), Advantech Co., Ltd. (Taiwan), Emerson Electric co. (U.S.), and GigaSpaces Technologies, Inc. (U.S.), among others.
To gain more insights into the market with a detailed table of content and figures, click here:https://www.meticulousresearch.com/product/mobile-edge-computing-market-5120/
Scope of the Report:
Mobile Edge Computing Market, By Component
Mobile Edge Computing Market, By Application
Mobile Edge Computing Market, By Organization Size
Mobile Edge Computing Market, By Geography
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Mobile Edge Computing Market Worth $2.8 billion by 2027- Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research -...
Healthcare Cloud Computing Market- Roadmap for Recovery from COVID-19 | Increasing Cloud Assisted Medical Collaborations to boost the Market Growth |…
Technavio has been monitoring the healthcare cloud computing market and it is poised to grow by USD 25.54 billion during 2020-2024, progressing at a CAGR of almost 23% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200917005482/en/
Technavio has announced its latest market research report titled Global Healthcare Cloud Computing Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions-
Allscripts Healthcare Solutions Inc., Amazon Web Services Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens Healthineers AG. are some of the major market participants.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allscripts Healthcare Solutions Inc., Amazon Web Services Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens Healthineers AG are some of the major market participants. The increasing cloud assisted medical collaborations will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Story continues
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Healthcare Cloud Computing Market 2020-2024: Segmentation
Healthcare Cloud Computing Market is segmented as below:
Product
Geographic Landscape
North America
APAC
Europe
South America
MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41148
Healthcare Cloud Computing Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The healthcare cloud computing market report covers the following areas:
Healthcare Cloud Computing Market Size
Healthcare Cloud Computing Market Trends
Healthcare Cloud Computing Market Analysis
This study identifies the introduction of blockchain in cloud computing as one of the prime reasons driving the healthcare cloud computing market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports.
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Healthcare Cloud Computing Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist healthcare cloud computing market growth during the next five years
Estimation of the healthcare cloud computing market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the healthcare cloud computing market
Analysis of the markets competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of healthcare cloud computing market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Five Forces Analysis
Customer landscape
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Appendix
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200917005482/en/
Contacts
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.com Website: http://www.technavio.com/
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Healthcare Cloud Computing Market- Roadmap for Recovery from COVID-19 | Increasing Cloud Assisted Medical Collaborations to boost the Market Growth |...
Wall Street’s Love Affair With Snowflake And Cloud Computing Creates Biggest Software IPO In History – International Business Times
KEY POINTS
In the biggest initial public offering of the year and the largest IPO ever for a software company, Snowflake (SNOW) raised $3.36 billion in its debut on Wednesday.
Priced at $120 per share in the offering, Snowflake shares closed at $253.93 on Wednesday, granting the data warehousing company a market cap of more than $70 billion larger than Goldman Sachs (GS).
Cloud-computing stocks have flourished in a year when the COVIS-19 pandemic has forced millions to work from home.
Cloud has gone from a proof of concept or for things that were less critical to companies realizing it will enable a much more agile and modern architecture and working style," Daniel Elman,an analyst at Nucleus Research, said according toBloomberg.
We have already seen [cloud stocks] Zoom (ZM), DocuSign (DOCU) and Datadog (DDOG) do well this year, Bloomberg Intelligence analyst Mandeep Singh said. Investors understand the cloud business model well and that makes a high-growth company like Snowflake attractive.
Among the winners from the huge IPO was the Seattle-based firm Madrona Venture Group, which first invested in Snowflake three years ago.
Sometimes you find a team and a technology that is just poised to take off, Madrona Managing Director S. Somasegar said according to Geekwire.
Former Snowflake CEO Bob Muglia an ex- colleague of Somasegar at Microsoft (MSFT) owns 4 million Snowflake shares, or about a 1.7% stake, after selling half of his holdings to Warren Buffetts Berkshire Hathaway (BRK-A) in the IPO.
Singh of Bloomberg commented that Berkshires participation definitely validates the attractiveness of Snowflakes IPO.
Four of Snowflakes top executives, CEO Frank Slootman, Muglia, Chief Financial Officer Michael Scarpelli and Co-founder Benoit Dageville, now own stakes valued at $8 billion.
Iconiq Capital, a private investment firm, started investing in Snowflake in 2017. Its 12% stake in the company is now valued at $8.6 billion.
Another major beneficiary of Snowflakes IPO was early investor Sutter Hill Ventures, which owns more than 20% of the company a stake valued at $12.6 billion.
Based in San Mateo, Calif., Snowflake posted revenue of $242 million in the first half of 2020.
Aaron Levie, CEO of enterprise cloud company Box, said in a tweet that Snowflakes IPO is showing that markets for enterprise software continue to be far larger than most anticipate. With exponential growth in data, devices, and apps, something already big today might be 100 [times] bigger in just a few years.
Harri Thomas, a startup expert, tweeted: What's not to like about enterprise software? Clients budgets are massive, and procurement is such a pain for them that contracts are only ever revisited every 12-24 months, if that. You could be a massive enterprise business with [only five] customers.
However, Slootman was somewhat subdued about his companys successful IPO.
So far, so good, Slootman told Bloomberg. We needed to do this [IPO] for a number of reasons, especially to raise the stature of the company in the marketplace. We sell to the largest companies in the world and we also compete with the largest companies in the world, so its really important. ... Just staying on this growth trajectory takes one hell of an effort.
Regarding Snowflakes suddenly lofty valuation, Slootman told CNBC: A stock is worth exactly what somebody wants to pay for it. Its like talking about the weather, it is what it is. Tomorrows another day, well see what it brings.
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Wall Street's Love Affair With Snowflake And Cloud Computing Creates Biggest Software IPO In History - International Business Times
The Top Green Zone Stocks in This Tech Disruptor Sector – Money and Markets
Buying an exchange-traded fund (ETF) can be a great way to gain diversified exposure to a specific sector, industry group or investment theme. You can buy a whole basket of individual stocks with just one click of the mouse (or tap of the finger).
For instance, in May, I recommended my Cycle 9 Alert readers make a bullish play on the SPDR Biotech ETF (NYSE: XBI).
I wanted them to have exposure to the entire biotech space during its search-for-a-vaccine rally. And even though a viable vaccine has yet to be announced, we rode that rally for a net gain of 113% in just two months! (Note: We bought options on the ETF.)
Of course, while buying a diversified ETF will give you exposure to a broad sector, industry group or theme you could instead buy only the ETFs top stocks.
That is, if you have a method for determining which of the ETFs individual stock holdings are top, and which are not.
This way, youll filter out the companies that will drag down the ETFs overall performance!
And thats what my new ETF X-Ray is all about.
Ill run each of the individual stock holdings of a popular ETF through my six-factor Green Zone Ratings model showing you which ones are top-rated and which may be best to avoid.
Lets get straight to it with todays ETF X-Ray!
Global X manages the Global X Cloud Computing ETF (Nasdaq: CLOU). This fund company focuses on disruptor sector ETFs for its investors.
Ive seen Global Xs president speak at the Inside ETFs conference Ive attended the past two years. I really like that this suite of ETFs gives investors access to some of the most innovative and cutting-edge investment themes out there right now including Internet of Thingsand cloud computing (CLOU).
These Digital 2.0 technologies are growing at double-digit rates and driving innovations across multiple sectors. And Global Xs suite of disruptor-sector ETFs is a great way to gain one-click access to them.
That said, lets take an X-Ray look at the Global X Cloud Computer ETF through the lens of my six-factor Green Zone Ratings model.
The table below shows the ETFs individual stock holdings, along with the Overall Rating theyve earned on my six-factor model.
Note that Im presenting two tables
The left side is sorted by the weight that each stock holds in the ETF. The stock at the top (Zoom, ZM) has the largest allocation of the ETFs assets.
The right side is sorted by my rating systems Overall Rating, so its easy to spot which stocks are top-rated.
Youll see the two largest holdings in Global Xs cloud-computer ETF are Zoom Video Communications (ZM) and Twilio (TWLO), with each stock making up over 6% of the ETFs holdings.
As I see it, these are companies that benefit from functionality that cloud computing affords and not necessarily pure-play cloud companies.
Whats more, while both are hyped glamour stocks (and are having great years!) they arent as proven as the likes of Amazon (AMZN), Alphabet (GOOGL) and Microsoft (MSFT), all three of which rate higher than Zoom and Twilio on my quality, value and volatility factor ratings.
Otherwise, one company you may not have heard of before is SPS Commerce (Nasdaq: SPSC). Its barely grown out of the small-cap category, with a market cap of just $2.7 billion.
SPS Commerce offers supply-chain management software solutions on the cloud. And though its a lesser-known name, its growing like gangbusters earnings-per-share are up 78% annually for the past three years!
This cloud-leveraging company is certainly worth a close look.
One last thing a plug for the cloud-computing consultant I just recommended yesterday in my Green Zone Fortunes newsletter.
This global-leader tech consultant is an expert in all things Digital 2.0, not just the cloud. And Amazon selected this company as a Premier Partner of its market-share leading AWS cloud platform, making it the go-to choice for any company wanting to get onto the cloud.
Frankly, I was shocked to find this company isnt a holding of the Global X Cloud Computer ETF it rates an 87 overall on my Green Zone stock rating model, and my two-year profit target for the stock is 80% above current prices.
Stay tuned! Ill have details for how you can sign up to get that pick and many more in the coming days!
To good profits,
Adam ODell, CMT
Chief Investment Strategist,Money & Markets
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The Top Green Zone Stocks in This Tech Disruptor Sector - Money and Markets
What’s the risk of becoming too cloud-dependent? – TechHQ
Cloud computing technology has championed our remote working shift.
Theres no doubt the last half-year would have been immeasurably more challenging without these anywhere-anytime-access solutions. For many workers, the closure of offices simply meant picking up their coat.
With so much now riding on a handful of cloud service providers, however, should we be cautious about just how much faith we place in them as the backbone of our business operations, and the vaults of sensitive business data?
A spate of recent outages and IT failures have highlighted the risk of being dependent on a small number of cloud technology providers. Gmail and Google Drive suffered an outage at the end of last month, while separately, photographers lost data when Adobe Lightroom updates deleted users photos and Canons Camera Cloud Platform lost original photo and video files.
We are increasingly dependent on a small number of players who dominate the market. Recent events show the challenge of maintaining productivity in outages highlighted the importance of external backups, said Peter Groucutt, the managing director at Databarracks commented.
And while replacing on-premise server rooms with the likes of AWS, Azure, and Google Cloud, has been the most viable evolution of our IT infrastructure, it has inadvertently created a cloud computing oligopoly, according to Groucutt.
Cloud computing has, of course, seen a rapid rise in adoption long before remote working accelerated the expected pace of digital transformation. And while the recent events have increased cloud reliance, events long before have demonstrated the risks of just a few providers propping up such large swathes of critical infrastructure.
Amazon Web Services famously went offline in 2017, taking popular tools such as Grammarly, Medium, Slack, and Trello down with it. There was a realization of how businesses of all sizes have become entirely reliant on a handful of third-party providers of on-demand computing power and data storage.
In June last year, network congestion led to a Google Cloud outage, which saw at least 16 of Googles products out of action for the period including the entire G-Suite, Gmail, Google Docs, Google Drive, Google Cloud, and YouTube. Affected companies reportedly included Vimeo, Shopify, and Discord. Google Cloud-powered Snapchat received more than 48,000 outage-related complaints, according to Reuters, while neither firms have confirmed the link.
But when cloud services fail, it might not just be the services we rely on that are affected temporarily. The data we entrust to providers is also at risk.
Some argue the reason you do not need to back up cloud data is because a data loss is so unlikely, said Groucutt.
It would be too embarrassing and damaging for Microsoft, Google, or AWS if they were unable to recover data for their customers. Unfortunately, there are many examples of data being lost for a small subset of users. If youre in that small subset, you dont have a lot of power in the relationship with the cloud provider and if they say your data is unrecoverable, there isnt much you can do.
Cloud providers do not usually accept liability for data loss. In Microsofts Services Agreement, it explicitly recommends backing up your content and data that you store on the Services or store using third-party apps and services.
Public clouds are designed in a way that should make it very unlikely to lose data. The big cloud services are made up of different data centers around the world, with redundancy built into each region and zone. It shouldnt be possible for an issue in Amsterdam to affect data centers in the US.
Beyond the hardware, however, there is still a single point of failure. The services run on the same software and there is the chance of an update causing problems across multiple regions.
Groucutt continued: Ultimately, what this shows is, nothing is infallible. Its a universal truth in IT that everything eventually fails. These recent outages highlight how reliant we are on cloud services and the importance of having a backup that exists outside that primary production cloud.
See the article here:
What's the risk of becoming too cloud-dependent? - TechHQ