Category Archives: Cloud Computing
Cloud Computing Service Market to Witness Astonishing Growth by 2026 | Amazon, Salesforce.com, VMware and more – The Daily Chronicle
The report offers a complete research study of the global Cloud Computing Service Market that includes accurate forecasts and analysis at global, regional, and country levels. It provides a comprehensive view of the global Cloud Computing Service Market and detailed value chain analysis to help players to closely understand important changes in business activities observed across the industry. It also offers a deep segmental analysis of the global Cloud Computing Service market where key product and application segments are shed light upon. Readers are provided with actual market figures related to the size of the global Cloud Computing Service market in terms of value and volume for the forecast period 2020-2026.
The following Companies as the Key Players in the Global Cloud Computing Service Market Research Report are Amazon, Salesforce.com, VMware, Savvis, Rackspace, IBM, Dell, Cisco, Dell EMC, Oracle, NetSuite, Microsoft.
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Covid-19 pandemic affects most industries in the globe. Here at Stats and Reports we offer you comprehensive data of related industry which will help and support your business in all possible ways.
Market Overview of Global Cloud Computing Service
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Software-as-a-Service, Platform-as-a-Service, Infrastructure-as-a-Service.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Private Clouds, Public Clouds, Hybrid Clouds.
Geographically, The Cloud Computing Service market report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering: North America, Europe, China, Japan and others.
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Furthermore, Global Cloud Computing Service Market following points are involved along with a detailed study of each point:
Major Players: The report provides company profiling for a decent number of leading players of the global Cloud Computing Service market. It brings to light their current and future market growth taking into consideration their price, gross margin, revenue, production, areas served, production sites, and other factors.
Cloud Computing Service Market Dynamics: The report shares important information on influence factors, market drivers, challenges, opportunities, and market trends as part of market dynamics.
Global Cloud Computing Service Market Forecast: Readers are provided with production and revenue forecasts for the global Cloud Computing Service market, production and consumption forecasts for regional markets, production, revenue, and price forecasts for the global Cloud Computing Service market by type, and consumption forecast for the global Cloud Computing Service market by application.
Regional Market Analysis: It could be divided into two different sections: one for regional production analysis and the other for regional consumption analysis. Here, the analysts share gross margin, price, revenue, production, CAGR, and other factors that indicate the growth of all regional markets studied in the report.
Cloud Computing Service Market Competition: In this section, the report provides information on Competitive situations and trends including merger and acquisition and expansion, market shares of the top three or five players, and market concentration rate. Readers could also be provided with production, revenue, and average price shares by manufacturers.
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Cloud Computing Service Market
Major Highlights of Cloud Computing Service Market in Covid-19 pandemic covered in report:
Market Competition by key manufacturers in the industry. Discussed Sourcing strategies, industrial chain information and downstream buyers data. Distributors and traders marketing strategy analysis focusing on region wise needs in covid-19 pandemic. Vendors who are providing a wide range of product lines and intensifying the competitive scenario in covid-19 crisis. Also highlights of the key growth sectors of Cloud Computing Service market and how they will perform in coming years.
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** The market is evaluated based on the weighted average selling price (WASP) and includes the taxes applicable to the manufacturer. All currency conversions used in the creation of this report were calculated using a certain annual average rate of 2020 currency conversion.
Crucial points encompassed in the report:
Customization Available
With the given market data, Researchers offer customization according to the companys specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Cloud Computing Service market, by end-use.
Detailed analysis and profiles of additional market players.
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What are the Benefits of Cloud Computing Security? – Enterprise Security Mag
Cloud computing security differs mainly from businesses to businesses, but its primary goal is the protection of data and control of access to that data.
Fremont, CA:Cloud computing security engulfs the practices, technologies, controls, and applications leveraged to protect cloud computing environments. These security measures are curated to protect data, services, applications, and the related infrastructure in the cloud from internal and external threats, meanwhile safeguarding users privacy and allowing and maintaining compliance with all applicable rules and regulations. Although cloud computing security requires to vary widely from business to business, the primary goal is the safeguarding of data and the supervision of access to that data. With more businesses taking advantage of cloud computing and enjoying the reduced cost of doing business, increased agility, and the caliber to instantly scale, they must ensure that they consider security straight from the get-go and choose the correct kind and level of security to prevent data loss and leakage actively.
The Benefits of Cloud Computing
Cloud computing, or the distribution of IT services over the internet, needs a unique set of considerations than the traditional on-premises security. In the past, enterprise security meant surrounding the enterprise applications and data with firewalls and managing the endpoint devices that operated in those firewalls, and it was a model generally referred to as a walled garden. But this model is essentially incompatible with cloud computing, which by definition, needs data to move beyond the enterprise perimeter. Before, the focus was substantially on preventing malware. But today, with managed and unmanaged devices pushing data to the cloudand with data passing from one cloud to anotherthe security considerations have changed dramatically.
To ultimately realize the overall improved security that comes with the cloud, one must put the proper kind of cloud security in place.
There are three categories of cloud computing security controls:
1. Deterrent/Preventative Controls- Preventative controls work to lessen vulnerabilities, like through strong user authentication that positively pinpoints cloud users and aids eliminating the access pathways for unauthorized users. Deterrent controls, a subset of preventative controls, works less as a fence and more as a No Trespassing sign, letting those attempting to attack the cloud system know that doing so will bring consequences.
2. Detective Controls- These controls are created to find and address in-progress threats. Depending on the kind of attack, these controls will deploy either the corrective or preventative controls to eliminate the threat. Examples of detective controls include system/network security monitoring, such as intrusion detection and prevention.
3. Corrective Controls- These controls focus on damage control and remediation, either while an attack is in progress or after it has occurred. Rollback remediation that aids in restoring systems affected by ransomware is one example of a corrective control.
See also:Top Enterprise Security Companies
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What are the Benefits of Cloud Computing Security? - Enterprise Security Mag
What’s at the root of most cloud attacks? Cryptomining, apparently – TechHQ
For all its vast power, cloud computing continues to carry the baggage of security concerns.
Cloud misconfigurations cost companies worldwide up to US$5 trillion in 2018 and 2019. The mass data breaches that make the headlines are symptomatic. A hasty surge in adoption among businesses in 2020 is unlikely to see any turnaround to the cloud security problem soon.
But, when we consider the motivations behind cyberattacks on cloud servers, we might imagine sensitive data to be the most sought prize. A new study by Aqua Security reveals that the majority carry the intent of deploying crypto-mining malware.
The findings were based on tracking and analyzing more than 16,000 attacks on honeypot servers (isolated from a network and used to block or observe hacker activity) between June 2019 and July 2020 the firm noted a 250% year-on-year spike in attacks at the start of the year, indicating an organized strategy.
Aqua Security said that 95% of attacks on the honeypot servers were aimed at mining cryptocurrency. The rest were used for setting DDoS infrastructure.
Our analysis suggests that the threat landscape shifted towards organized cybercrime, which is investing in infrastructure, Aqua said.
And while the majority of the tracked attackers sought to use cloud computing resources to mine crypto, the release adds that the methods used open the door for higher-value targets that leverage security gaps in container software supply chains and runtime environments.
Announcing the report, the research team said they expected a further increase in sophistication and the use of evasion techniques and diversity of attack vectors and objectives since the widespread use of enterprise cloud-native technology makes it a much more lucrative target.
Cryptojacking or attacks where an organizations or individuals computers are surreptitiously used to mine for cryptocurrencies has only really emerged as a major problem in the last couple of years.
The concept picked up pace in 2017 at the height of the cryptocurrency boom when prices peaked and the rewards were very significant. However, the prevalence of these attacks has continued, and the uptick at the beginning of the year could have been spurred by the increasing value of cryptocurrencies including bitcoin.
In 2018, researchers at cloud monitoring and security firm RedLock found AWS infrastructure used by electric carmaker Tesla had been running crypto-mining malware in an extensive yet well-hidden campaign.
Following the discovery, RedLock urged organizations to closely monitor configurations, including deploying tools that can automatically discover resources as soon as they are created, determining the applications running on the resource, and applying appropriate policies based on the resource or application type.
Monitoring network traffic and correlating it with configuration data can also allow for the identification of suspicious network traffic, as well as baselining normal user activities to detect anomalous behavior.
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What's at the root of most cloud attacks? Cryptomining, apparently - TechHQ
Microsoft wants to take on Amazon in connecting satellites to the cloud – CNBC
An antenna for a satellite ground station
Amazon
Microsoft is looking to challenge Amazon in offering a service that connects satellites directly to the company's cloud computing network, according to documents the company filed with the Federal CommunicationsCommission last month
The effort shows how the two largest providers of cloud infrastructure data centers in far-flung places that can host websites and run applications with a smorgasbord of computing and storage services regularly seek to one-up each other. That way, the companies can appear ready and willing to meet many of the needs of prospective customers.
Microsoft plans to connect a Spanish imaging satellite to two ground stations both located in Microsoft's home state of Washington to show that it can directly download satellite "data to the Azure Cloud for immediate processing," the FCC documents said. A ground station, sometimes called an earth station, is the vital link for transmitting data to and from satellites in orbit. Microsoft notably proposed to construct one of the two ground stations itself at its data center in Quincy, Wash.
The FCC on Sept. 2 authorized Microsoft to perform proof-of-concept demonstrations of the service. The authorization gives Microsoft a six month license that allows for communications and imagery data downloads. The Spanish satellite, called Deimos-2, was launched into orbit in June 2014. The satellite is operated by a subsidiary of Canadian satellite imagery companyUrtheCast and, for the tests, the Deimos-2 satellite will only be in range of Microsoft's antennas for "just a few minutes."
Microsoft wants to run the demonstrations before, during and after its Ignite conference for IT professionals, which starts on Sept. 22, the company said in a different FCC filing.
"If the demonstrations result in significant market interest, Microsoft will file an application for regular earth station authority with the International Bureau (IB) to support future commercial operations, and that application will include a request for U.S. market access for DEIMOS-2," the company wrote.
Microsoft declined CNBC's request for comment.
An AWS Ground Station satellite antenna at one of the company's data center in Boardman, Oregon.
Amazon
Amazon leads the growing cloud-computing market, with45% in 2019, while Microsoft had about 18%, according to technology industry research company Gartner. Alibaba, Google, Tencent and other cloud providers each had less than 10% share. Microsoft in particularhas a website listing the services available from AWS and its own corresponding offerings, although Ground Station was not listed on the website on Friday. Cloud infrastructure delivers most of Amazon's operating income, and for Microsoft it's growing faster than other prominent areas, such as Windows and commercial subscriptions to the Office 365 productivity bundle.
Microsoft outlined in the filings that, by building a network of ground stations, it wants to show to satellite firms the potential benefits of connecting directly to the company's Azure cloud. But Microsoft's not alone. Its strategymatches closely with the one Amazon outlined in November 2018 when it launched its AWS Ground Station service, pitting the tech giants against each other in a new realm of cloud computing services.
AWS Ground Station was Amazon's first public move into space-related hardware, with the company also establishing itsAerospace and Satellite Solutions division and working on its own space-based internet network called Project Kuiper.The company's ground station network began service this year at two of its first of 12 planned locations. While Amazon has not disclosed all of AWS Ground Station's customers so far, the company has noted the service is being used byNASA's Jet Propulsion Lab and companies such as Capella Space, Spire Global, Maxar Technologies, Myriotaand Thales Alenia Space.
Amazon says that AWS Ground Station can connect with wide range of satellites thatfly both low and medium Earth orbits. The company boasts that AWS Ground Station reduces the time it takes to process and analyze satellite data "from hours to minutes or seconds," with customers saving "up to 80% on the cost" of traditional ground station operations.
CNBC's Jordan Novet contributed to this report.
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Microsoft wants to take on Amazon in connecting satellites to the cloud - CNBC
With TikTok Deal, Larry Ellison Signals That Oracles Cloud Computing Ambitions Are No Longer A Pie In The Sky – Swarajya
The US Treasury Department on Monday (Sep 14) said that the Trump administration will conduct a comprehensive national security review of the agreement that business software and consulting services firm Oracle has reportedly reached with ByteDance Ltd, the Chinese owner of the popular video-sharing app TikTok, The Wall Street Journal reported.
Just one day ahead of the deadline that U.S President Donald Trump set for ByteDance to divest TikToks US operations or risk being blacklisted in America, Beijing-based company confirmed that it has accepted a partnership offer from Oracle on TikToks US operations.
U.S Treasury Secretary Steven Mnuchin confirmed to CNBC that the deal will undergo a review by the Committee on Foreign Investment in the US as well as a national security review under the presidents executive order.
We did get a proposal over the weekend that includes Oracle as the trusted technology partner, with Oracle making many representations for national security issues, Mnuchin said, adding that, theres also a commitment to create TikTok Global as a US-headquartered company with 20,000 new jobs.
A critical factor for us driving national security is making sure the technology on Americans phones is safe and making sure it is not corrupt, Mnuchin said. We have a lot of confidence in both Microsoft and Oracle. Theyve chosen Oracle. Well be reviewing it with their technical teams and our technical teams to see if they can make the representations we need.
We will be reviewing that at the CFIUS committee this week, and then, we will be making a recommendation to the president and reviewing it with him, the treasury secretary added.
It also remains to be seen if Chinese government approval is required to finalise the deal
On 29 August, Chinas ministry of commerce announced that it has added AI interface technologies such as speech and text recognition, and those that analyze data to make personalized content recommendations to a revised list of export-control products. Government permits will be required for overseas transfers to "safeguard national economic security," it said.
The new set of restrictions imposed by Chinese government on the export of artificial intelligence technologies was seen as a setback to ByteDances hopes of quickly completing a deal with suitors for the sale of its US operations of video app TikTok.
Why Oracle wants to partner with TikTok
Under the proposed agreement, Oracle is unlikely to get a majority stake in TikTok but will work with Bytedance to move data on American users of Tiktok to Oracles cloud-computing infrastructure and house that information only in the US.
For the TikTok bid, Oracle has joined forces with venture capital firms including General Atlantic, Sequoia Capital and Coatue Management LLC, who already have a stake in the Chinese firm.
It is also not clear if the Oracle-ByteDance will cover TikToks algorithms which is widely viewed as providing critical edge to the Chinese app.
It is widely believed that close ties of Oracles top leadership with current U.S administration may have influenced Bytedances decision.
Oracles billionaire co-founder Larry Ellison is one of the few US tech executives who has openly supported Trump, though its not clear whether Oracle is White Houses preferred suitor for TikTok. Earlier this year, Ellison hosted a fundraiser at his home for the president. The companys influential Chief Executive Safra Catz served as a part of Trump transition team in 2016 and has donated to his re-election campaign.
Till yesterdays surprise announcement, Microsoft was generally viewed as the front-runner in the race to acquire TikToks US operations but the company released a statement on Sunday saying that it is no longer in contention. Retail behemoth Walmart had also announced that it is partnering with Microsoft in its bid for the US operation of TikTok.
ByteDance let us know today they would not be selling TikToks US operations to Microsoft, and adding, we are confident our proposal would have been good for TikToks users, while protecting national security interests. a company statement read.
Oracle has long been a trusted vendor of database and storage solutions for enterprises but was a relatively late entrant to the cloud market. Its attempt to transition from legacy vendor of enterprise software licences to cloud computing has faced several challenges
It has recently accelerated its efforts to challenge the cloud leaders including Amazon and Microsoft.
With Oracle recently becoming the cloud provider for Zoom Video Communications Inc, TikTok deal is sure to give company further momentum in the cloud computing space.
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With TikTok Deal, Larry Ellison Signals That Oracles Cloud Computing Ambitions Are No Longer A Pie In The Sky - Swarajya
The Right Cloud Strategy Starts with the Right Data Center Strategy – Data Center Frontier
The data center will help unlock the most effective utilization of the cloud by providing a complete IT infrastructure ecosystem that can mix and match each workload with the infrastructure that best supports it. (Photo: Rich Miller)
JP Laqueur, Senior Vice Presidentof Marketing atDataBank, explores the close ties between cloud strategyand success anddata center strategy and approaches.
JP Laqueur, SVP of Marketing, DataBank
Cloud technologies have enabled enterprises to lower operational and capital expenditures, accelerate the development and release of new products and services, and dynamically adjust their IT infrastructure to meet changing market demand. As a result, cloud technologies continue to gain traction and according to IDC, by the end of 2020, 67% of enterprise infrastructure will be based in the cloud.
But not all cloud service providers or platforms are created equally, nor are they always appropriate for certain business sectors or strategic objectives. Some organizations, especially those with strict performance or complex compliance requirements, have re-patriated applications back to premise-based infrastructures after finding cloud platforms were more expensive to operate, or presented additional management and security challenges. In fact, according to IDC in its Q119 CloudPulse report, as many as 85% of customers had initiated some kind of cloud repatriation effort.
And while some clouds have remained general purpose, newer enterprise clouds have emerged to address the needs of organizations that have greater fault tolerance, security, and compliance requirements.
But the evaluation of which infrastructure is best for an application can no longer simply be a debate about cloud vs. on-premises, or about which type of cloud. It needs to include the consideration of a modern, data center operator. In fact, we believe a thirdparty data center should be at the heart of every cloud or hybrid infrastructure decision and its the topic of our latest White Paper: A Better Way To Cloud.
Why? The modern data center with its ability to aggregate colocation, cloud and managed services is rapidly becoming the core of a hybrid strategy, providing a critical thirdleg in the infrastructure stool, providing greater security and data privacy than many clouds, and hands on management and compliance expertise beyond the reach of an in-house team.
The data center will help unlock the most effective utilization of the cloud by providing a complete IT infrastructure ecosystem that can mix and match each workload with the infrastructure that best supports it.
Here is a closer look at the reasons establishing the right data center foundation can help enable the right cloud strategy:
Leveraging these capabilities in todays data center helps maximize the effectiveness of any cloud strategy.
(Photo: Courtesy of Databank)
In addition, the data center will help unlock the most effective utilization of the cloud by providing a complete IT infrastructure ecosystem that can mix and match each workload with the infrastructure that best supports it. And properly constructed, that ecosystem can provide a secure filter through which users access applications whether they are collocated in a data center, on a private cloud platform or in the public cloud.
For instance, a security- and latency-sensitive application can be collocated on company-owned equipment in the data center but protected by the data centers DDoS, IDS/IPS and web application firewalls. Meanwhile, a different application might be hosted on the data centers private cloud platform, protected by additional managed security services such as file integrity monitoring and configuration scanning. And if needed, that application could access public cloud platforms via data center-provided on-ramps for additional scaling. In each case, the data center is at the core of the infrastructure protecting data and users as they access applications on any of the infrastructure platforms.
The best data center in 2020 provides the most effective strategy for embracing the cloud while providing the flexibility to adapt as conditions and technology changes. And thats why the right cloud strategy starts with the right data center strategy.
JP Laqueur is the Senior Vice Presidentof Marketing atDataBank.
For more information on how DataBanks Data Center Evolved Ecosystem enables this kind of hybrid approach, check out our latest white paper: A Better Way To Cloud.
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The Right Cloud Strategy Starts with the Right Data Center Strategy - Data Center Frontier
Cloud Computing Market 2019 Share Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2024 – The Market Chronicles
A new report added by Big Market Research claims that the globalCloud Computing marketgrowth is set to reach newer heights during the forecast period,20192024.
The report is an exhaustive analysis of this market across the world. It offers an overview of the market including its definition, applications, key drivers, key market players, key segments, and manufacturing technology. In addition, the study presents statistical data on the status of the market and hence is a valuable source of guidance for companies and individuals interested in the industry. Additionally, detailed insights on the company profile, product specifications, capacity, production value, and market shares for key vendors are presented in the report.
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By Key Players:Amazon Web Services, Microsoft Azure, IBM, Aliyun, Google Cloud Platform, Salesforce, Rackspace, SAP, Oracle, Vmware, DELL, EMC
A proper understanding of the Cloud Computing Market dynamics and their inter-relations helps in gauging the performance of the industry. The growth and revenue patterns can be revised and new strategic decisions taken by companies to avoid obstacles and roadblocks. It could also help in changing the patterns using which the market will generate revenues. The analysis includes an assessment of the production chain, supply chain, end user preferences, associated industries, proper availability of resources, and other indexes to help boost revenues.
Regions & Top Countries Data Covered in this Report are:Asia-Pacific (China, Southeast Asia, India, Japan, Korea, Western Asia), Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland), North America (United States, Canada, Mexico), Middle East & Africa (GCC, North Africa, South Africa) , South America (Brazil, Argentina, Columbia, Chile, Peru).
The Cloud Computing Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.
With the help of in-depth research offered in the report, readers can effortlessly get detailed analysis of the key dynamics of the Cloud Computing market. The report also offers competitive landscape by providing detailed information on trends in competition, prominent players, and nature of competition. Additionally, it offers detailed analysis of the key segments of the market that helps in understanding the global trends in the Cloud Computing Market. An overview of each market segment such as type, application, and region are presented in the report. Additionally, the report presents drivers, limitations, and opportunities for the Cloud Computing industry, followed by industry news and policies.
Cloud Computing Market By Type:
Software as a Service (SaaS)Platform as a Service (PaaS)Infrastructure as a Service (IaaS)
Cloud Computing Market By Application:
GovernmentSmall and Medium enterpriseLarge enterprise
Reasons for Buying This Report:
The report provides insights on the following pointers:
North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Cloud Computing industry.
Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Cloud Computing industry.
Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, Brazil, Mexico, Argentina, Colombia, Chile, Peru) market size (sales, revenue and growth rate) of Cloud Computing industry.
Different types and applications of Cloud Computing industry, market share of each type and application by revenue.
Global market size (sales, revenue) forecast by regions and countries from 2020 to 2026 of Cloud Computing industry.
Upstream raw materials and manufacturing equipment, downstream major consumers, industry chain analysis of Cloud Computing industry.
Key drivers influencing market growth, opportunities, the challenges and the risks analysis of Cloud Computing industry.
New Project Investment Feasibility Analysis of Cloud Computing industry.
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Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement.
Table of Content:
Industry Overview of Cloud Computing
Major Manufacturers Analysis of Cloud Computing
Global Price, Sales and Revenue Analysis of Cloud Computing by Regions, Manufacturers, Types and Applications
North America Sales and Revenue Analysis of Cloud Computing by Countries
Europe Sales and Revenue Analysis of Cloud Computing by Countries
Asia Pacific Sales and Revenue Analysis of Cloud Computing by Countries
Latin America Sales and Revenue Analysis of Cloud Computing by Countries
Middle East & Africa Sales and Revenue Analysis of Cloud Computing by Countries
Global Market Forecast of Cloud Computing by Regions, Countries, Manufacturers, Types and Applications
Industry Chain Analysis of Cloud Computing
New Project Investment Feasibility Analysis of Cloud Computing
Conclusion of the Global Cloud Computing Industry Market Professional Survey 2020
Appendix
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Google highlights its cloud capabilities with Deutsche Brse and Bed Bath & Beyond – SiliconANGLE News
Google LLC highlighted the growing strength of its public cloud computing services this week, announcing a couple of new customer wins.
On Wednesday it said the financial services giant Deutsche Brse Group is in the process of migrating its on-premises VMware applications to the Google Cloud VMware Engine service.
The Google Cloud VMware Engine provides a fully managed VMware Cloud Foundation stack, including VMware Inc.s vSphere, vCenter, vSAN, NSX-T and HCX products, running on Google Clouds infrastructure. The service enables the seamless migration of VMware workloads to Google Cloud, and helps companies to reduce their operational burden while benefiting from the scale and agility of the cloud.
In a blog post, Annette Maier, managing director of the Google Cloud DACH region, and June Yang, general manager of Google Cloud Compute, said Deutsche Brseran a lot of highly customized VMware-based applications on-premises, and identified numerous benefits to be had by migrating these to the cloud. It decided Google Cloud VMware Engine would be the easiest way to do this, since the service eliminates the cost and complexity of refactoring those apps and in many cases, can be done with just a few mouse clicks, Google said.
Deutsche Brse said one of the main benefits of migrating to Googles cloud is that its information technology staff can continue using existing skills, tools, policies and processes that comply with the stringent regulatory requirements of the financial industry. The companys developers also benefit because they can now access Google Cloud services that significantly accelerate the development and testing of new applications and customer services.
Prior to this, the team had limited testing capabilities, but can now conduct thousands of tests across three or four environments in the same amount of time, allowing for earlier identification of errors in the development process, Maier and Yang said. By moving VMware workloads to Google Cloud, Deutsche Brse can set up a new private cloud instance in minutes, while maintaining existing policies and tools, including existing cloud constructs such as networking interconnects, all while increasing business agility.
In addition to these benefits, DeutscheBrse aims to take advantage of Googles artificial intelligence and machine learning capabilities going forward. The company is hoping to automate many of its internal processes using these services. In turn, that will make its IT staff more productive and freeing them up to focus on delivering new services to its customers.
Like many companies on their paths to the cloud, DeutscheBrse is not finished with its journey, proving that cloud transformation (or any transformation, for that matter) doesnt happen overnight, Maier and Yang said. However, the clouds productivity benefits and speed of innovation have already prepared the company for the future, without placing too many demands on the present.
In another announcement today, Google said the domestic merchandise retail giant Bed Bath & Beyond Inc. has committed to a five-year deal to deploy a range of platform solutions on Google Cloud, in order to optimize its business operations and deliver more personalized shopping experiences and to its customers.
Bed Bath & Beyond said its planning to employ a number of Google Cloud technologies, including its popular BigQuery service, Google Compute Engine and Google Kubernetes Engine.
The retailer said it will use the BigQuery service to expand its machine learning and analytics capabilities, with the aim being to predict future sales trends. Based on those predictions, it will then be able to make instant, customer-centric decisions with real-time data that can help it to improve demand prediction and optimize its inventory and merchandise planning.
Bed Bath & Beyond also hopes to create a more personalized shopping experience by leveraging Google Clouds AI services to improve its e-commerce platform, including its search, navigation, checkout and delivery and pickup services. Furthermore, the company plans to use Googles tools to improve data collection with a view to optimizing its fulfillment strategy, it said.
Retailers are sitting on an incredible amount of data today, but this data is often siloed and lacks real-time processing,said Carrie Tharp, vice president of Retail & Consumer at Google Cloud. And high-traffic events like Cyber Monday or the pandemic only put more stress on systems. By migrating to Google Cloud, Bed Bath & Beyond expects to be able to reduce cost and drive business value through real-time analytics across marketing, merchandising, supply chain and more.
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Cloud Security Challenges in 2020 And How to Avoid Them – TechFunnel
Check Point and Cybersecurity Insiders have released their global 2020 Cloud Security Report, wherein the emphasis was placed on the cloud security challenges that business security systems face in the protection of data and workloads in their public cloud systems.
According to the report, 75% of respondents revealed that they were highly concerned about public cloud security as it continues to remain a big challenge for them.
One of the current cloud computing security issues and challenges affecting cloud security in 2020 is the problem of data breaches. The data breach has several consequences, some of which includes:
This is another of the most widespread cloud security challenges facing cloud technology in 2020. For example, a misconfigured AWS Simple Storage Service (S3) cloud storage bucket leaked accurate and sensitive data of about 123 million American families in 2017.
The dataset was owned by Experian, a credit bureau that engaged in the selling of the data to an online marketing and data analytics organization called Alteryx. The file was exposed by Alteryx. Such an incidence can have lethal consequences.
All over the world, several businesses are moving parts of their IT infrastructure to public clouds. A major issue with this migration is the incorporation of adequate security structures to tackle cyber threats.
The challenge however is that most businesses still find it almost impossible to implement this process. Datasets are vulnerable to several attacks when businesses make the assumption that cloud transition is a simple-to-execute task of just migrating their present IT system and security architecture to a cloud environment. Another contributing factor is also a lack of understanding of the shared security role model.
With cloud computing comes several changes to typical internal system management practices associated with identity and access management (IAM). Although these arent really new cloud security challenges, they are however more important challenges when working on a cloud-based environment.
This is because cloud computing has great effects on identity, credential, and access management. In both private and public cloud environments, there is a need for CSPs and cloud users to manage IAM without impairing security.
The hijacking of accounts is an issue characterized by the access to and abuse of accounts that contain extremely sensitive or private details, by malicious attackers. Usually, the accounts with the most threats in cloud environments are subscriptions or cloud service accounts.
These accounts are prone to compromise as a result of stolen credentials, exploiting cloud-based systems, and phishing attacks.
According to the 2018 Netwrix Cloud Security Report, 58% of organizations indicate insiders as the cause of security breaches. Thus, most security incidents are caused by insider negligence.
The report from the Ponemon Institutes 2018 Cost of Insider Threats study indicated that 13% of the reported insider incidents were caused by credential theft, 23% were associated with criminal insiders, and a whopping 64% was as a result of employee or contractor negligence.
Some of the cited common scenarios are: employees or other internal staff being victims of phishing emails that resulted in malicious attacks on business assets, employees saving private company data on their own poorly secure personal systems or devices, and cloud servers that have been configured inappropriately.
In order to enable consumers to manage and utilize cloud systems, cloud computing providers release a set of software user interfaces (UIs) and APIs. These APIs are the ones that determine how secure and available the overall cloud servers services will be.
From access management and authentication to activity control and encryption, it is necessary that these interfaces are designed for protection against both malicious and accidental attempts to infiltrate the security policy. The implications of insecure APIs can be the abuse or even worse the breach of a dataset.
A number of major data breaches have been caused by hacked, exposed, or broken APIs. In essence, it becomes imperative for companies to have an understanding of the security features that characterize the design and presentation of these interfaces on the internet.
The transition from the data platform to the cloud environment creates certain issues for the creation of adequate data storage and protection protocol. It is now important for the user to create fresh processes for duplicating, migrating, and storing data.
This process becomes even more complex if the user would be employing Multi-cloud. These problems should be solved by a control plane. This is because it provides the integrity and security that would complement the data plane which brings about stability and runtime of the data.
An inefficient control plane indicates that whoever is in charge either a DevOps engineer or a system architect does not have complete control over the verification, security, and logic of the data infrastructure.
In this kind of situation, major stakeholders are unaware of how data flows, the security configuration, and the positions/areas of structural weak points and blind spots. As a result of these challenges in cloud security, the company could experience data leakage, unavailability, or corruption.
Every now and then, cloud service providers reveal processes and security protocols that are needed in order to successfully integrate and safeguard their systems. In most cases, this information is disclosed via API calls and the protections are integrated into the CSPs metastructure.
The metastructure is regarded as the customer line/CSP of demarcation, also called the waterline. In this model, several levels are characterized by error possibilities. For instance, inappropriate API integration by the CSP makes it easier for attackers to hinder cloud customers through the interruption of integrity, confidentiality, of service availability.
Restricted cloud usage visibility is the outcome of the inability of a company to visualize and analyze the safety or maliciousness of the cloud service used within the organization. There are two major cloud security challenges in this concept.
The first is un-sanctioned app use. This happens when employees are making use of cloud tools and applications without the specific authorization of corporate IT and security. This, therefore, leads to a self-assistance model known as Shadow IT.
It is risky when insecure cloud services activity is not in accordance with corporate guidelines, especially when integrated with sensitive corporate data. According to forecasts made by Gartner, by 2020, of all successful security infiltration in businesses will be driven by shadow IT systems and resources.
Secondly, is sanctioned application misuse. It is usually difficult for companies to carry out analysis on how approved apps are being taken advantage of by insiders who make use of the sanctioned app.
Most often, this utilization takes place without the specific permission of the organization, or by external threat agents that target the service though methods like Domain Name System (DNS) attacks, Structured Query Language (SQL) injection, credential theft, and others.
Malicious attackers may take advantage of cloud computing resources to target cloud providers, as well as other users or organizations. It is also possible for malicious actors to host malware on cloud services.
Malware that is hosted on cloud service may appear to have higher legitimacy because the malware utilizes the domain of the CSP. In addition, cloud-based malware can utilize cloud-sharing resources like an attack vector to propagate itself the more.
According to a survey, about 60% of respondents ascertain or strongly ascertain that the launching of business services in the cloud has skyrocketed beyond their ability to effectively maintain them in a timely manner. This figure remains the same since it was reported. This means that there has been no progress in that aspect. With the increasing rate of public cloud adoption, it is safe to conclude that the ground has been lost.
The primary objective of DoS attacks is to disable a system, network, or machine so that it becomes inaccessible to its intended users. The development and growth of cryptocurrencies like Ripple and Bitcoin make it easy for DoS attacks to occur the more.
By using cryptocurrency, it is no longer a must for cybercriminals to acquire the needed skills or possess control over a botnet. All they need to do is hire another hacker via these funding options to execute the work on their behalf.
In terms of security features, Vendor Lock is identified as a risk factor. It is highly restrictive to be limited to just one compatible security solution choice for a cloud service. The impact of this can be a low ROI for security.
This is because the locked-in vendor does not need to be in competition with other vendors. They are with your company since youre their only choice if you desire a functional service without starting all over from the scratch.
Thus, it is necessary that you ascertain how effective it would be to move from a particular service provider to another when choosing cloud-based services. It is pertinent that you consider certain factors before choosing a cloud computing service in order to avoid vendor lock-in (for either your cloud service itself or your security solutions). Consider these factors:
Awareness and adequate communication of security risks is an important aspect of network security, as well as cloud security. A thorough security solution must be able to alert the respective website or app managers immediately it perceives a security threat.
Without clear and prompt communication, the appropriate entities will not be able to quickly mitigate the threat and take proper steps that will minimize the threat.
In all, although all of the issues discussed above pose a threat to cloud security, they are however not insurmountable. With the proper approach, technology, and partners, businesses can overcome the cloud security challenges and begin to enjoy the abundant benefits of cloud technology.
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Cloud Security Challenges in 2020 And How to Avoid Them - TechFunnel
Cloud Computing in Higher Education Market to Witness Astonishing Growth by 2026 | Blackboard, Cisco, Ellucian and more – The Daily Chronicle
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