Category Archives: Cloud Computing
Shipping and Maritime Industry Powered by Cloud Computing – Sea News
Cloud computing is a model for enabling network access to a shared pool of configurable computing resources. The technology has been adopted by many industries as a logistics and analytical tool. The shipping and maritime industry is also using the platform to connect with designated servers across the globe.
Cloud computing has been creating many opportunities and value-enhancing capabilities in the shipping industry. Initially, the maritime sector was reluctant to its use. However, in the past few years, there has been significant growth in the use of cloud-based technology, which is expected to grow further in the foreseeable future.
The sector today is utilizing cloud-computing to securely save its data. This data is proving crucial in effectively analyzing and addressing the prevailing market and operational risks, thereby assisting the stakeholders to a great extent. For instance, a cloud-based management fuel system was employed by United Arab Shipping Co. that allowed the company to save 3-5 percent on the company bunker fuel cost. The fuel requirement of 70-vessel fleet was met at lower costs simply by using factors like real-time pricing data, ship location, and other parallel information.
The other usage of cloud-based technology in the marine sector is monitoring the progression of any shipbuilding project. The designers, project associates, and owners can keep an eye on the ship construction from a single drawing of the ship, saved in the cloud. This would make communication and exchange of ideas easier and all the team members will be in sync and updated in one go. The idea becomes more feasible and interesting because a single drawing of a ship would be of some gigabytes and the cloud has sufficient space to manage thousands of similar drawings and blueprints.
Further, as the shipping sector is moving towards automation at a very rapid pace, a cloud-based management system is going to be a significant asset even at the operational level. Apart from monitoring the shipbuilding projects, cloud computing is also being put in autonomous ships. The autonomous ships will not be merely vessels but data centers transmitting an enormous amount of data from various sources like Automatic identification system, radar, and other such onboard systems. With such an enormous data flowing at high velocity, the cloud becomes a necessary part for its management and analysis.
Some advantages of using cloud computing are: lower prices of hardware and software, access to software and data from any computer onboard ship having an internet connection, lower costs of maintenance of hardware and software, possibility of rendering services to all company ships, possibility of continuous monitoring of maritime, and all information and documents at one location.
Cloud computing has been gaining on importance in business processes but there are also few disadvantages of this platform such as: The (non)availability of services (satellite connection), security and confidentiality of data, intellectual property, reliability, data integrity, dependence on a single software support provider, and the lack of standardized interfaces that allow for the transfer of data and services from one cloud to another.
Amazon announced that it will be offering its cloud services to shipbuilding companies to gear up the process of ship construction along with extending its Amazon web service (AWS) to enhance after-market services and assist in development and management of autonomous vehicles. Samsung Heavy Industries is planning to employ AWS services like machine learning, augmented reality, cloud computing, analytics and more to develop self-piloting container ships, gas carriers and floating production systems.
The data from the ships will be transmitted to the AWS cloud via a combination of cellular networks and satellite communication. Rolls Royce too partnered with Google to use Googles Cloud Machine Learning Engine to train AI-based object classification system. Rolls-Royces software is able to detect, identify and track surface objects.
The year 2018 was significant for shipping industry as maritime heralded towards the fourth industrial revolution. The collection of data through digitalization has become the most significant aspect of this revolution accompanied by breakthroughs in communication technology that today connect vessel operations to global networking. In such an environment cloud computing is becoming the backbone and many important steps have been taken to employ the cloud-based management system to further aid the next generation technological revolution.
Cloud computing can streamline operations pertaining to traffic, port entry, weather, or safety. In a manual setting, the vessels do have systems on board but there is lack of homogeneity among them. The manual process is time consuming and the likelihood of human error is high. In an industry that deals with varying climatic conditions on a daily basis, real time information regarding weather conditions and such other data could save many dollars and lives.
With shipping sector ready adopt digitalization, cloud-based technology offers worldwide accessibility and capability to work on a single platform, which can store huge amount of data. Maritime cloud computing not only connects vessels using disparate systems on a common platform, it also integrates maintenance teams, support teams, customers, and others enabling quick decisions and prompt action. The technology is certain to play a crucial role in streamlining services in the maritime sector.
References:
Sea News Feature, August 19
Read this article:
Shipping and Maritime Industry Powered by Cloud Computing - Sea News
Bank of America, Daimler, and Apple partnering with IBM for confidential computing services – TechRepublic
A push to provide public cloud services with production-ready confidential computing capabilities able to protect data, applications, and processes.
As the number of cloud security-related breaches continue to skyrocket and more high-profile organizations higher each year, more and more companies have turned to confidential computing services to keep their data safe while it's being used.
For two years, IBM has been deploying confidential computing capabilities in the IBM Cloud and Rohit Badlaney, vice president of IBM Z Hybrid Cloud, said it is the only public cloud with "production-ready confidential computing capabilities able to protect data, applications and processes."
Badlaney explained that data security generally revolves around protecting data at rest, in transit, and in use. There are now well-established ways to provide protection for data at rest and data in transit, but protecting data in use has long been a problem companies have sought to solve, only turning to confidential computing in the last few years as a viable option.
SEE:Top cloud providers in 2020: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players(TechRepublic)
IBM's platform is now used in heavily regulated industries like healthcare and banking, with high profile customers like Bank of America and Daimler taking advantage of confidential cloud computing capabilities.
"We've had tremendous success over the last four to five years in generalizing and commercializing the confidential computing technology into an entire family of cloud services," Badlaney said. "Our point of view on confidential computing is that the trusted execution environment is interesting but you want to surround it with a set of services that also leverage the same kind of underlying hardware and software innovation in confidential computing."
"So we've built out this whole family especially for markets like financial services that have been nervous about moving anything into the public cloud. In order to deliver confidential computing, we believe a technology provider must provide protection across the entirety of the compute lifecyclewhich includes everything from the build process and key management to the security of data services. Failure to fully protect any of these layers can leave a client's business process exposed."
He added that the whole suite of tools has been available for two years and was launched around May 2018.
IBM has not expanded confidential computing into the entire IBM Cloud but plans to by the middle of next year. Badlaney said it will "become pretty core to our enterprise grade value proposition that underpins our industry cloud push."
Daimler, the corporation behind luxury vehicle brands like Mercedes-Benz and Maybach, needed confidential computing for a critical workload that was being moved to the public cloud, Badlaney explained.
"They wanted to make sure that we, IBM, couldn't access their data or their applications we were protecting. Most cloud providers provide operational assurance for insider threats, so they'll monitor logins, they'll add a bunch of automation. The way our technology is set, we technically, even if I wanted to, couldn't go in and look at the client data," Badlaney said.
"In Daimler's case, they needed the data tier to be locked down and then we surrounded it with executing modules and our key protection technology that made the Daimler team the only ones with access to the data."
For Apple, Badlaney said IBM partnered to provide a tool kit called CareKit. The project was focusing on healthcare so the data needed to be protected in different ways, and the work IBM did with Apple involved ensuring that providers could synchronize confidential data to the public cloud.
"We wrote an SDK that is actually now part of the AppleCare GitHub, where clients can synchronize their health data into IBM Cloud backed through confidential computing and these secure databases," Badlaney said.
"It's a fantastic use case of healthcare providers and the beauty of this is that you can access this on the web. The concept applies to any regulated industry. Pretty much everyone is doing something with mobile and they want to store some data that is stored in a cloud. Now you're locking that data down using confidential computing."
In November, IBM announced that it had designed the world's first financial services-ready public cloud and was collaborating with Bank of America for it. Bank of America now hosts important applications and workloads related to its 66 million banking customers.
Cathy Bessant, chief operations and technology officer for Bank of America, said it "is one of the most important collaborations in the financial services industry cloud space."
"This industry-first platform will allow Bank of America to use the public cloud, putting data security, resiliency, privacy and customer information safety needs at the forefront of decision making. By setting a standard that addresses the concern of hosting highly-confidential information, we aim to drive the public cloud to a safety level that is unmatched," Bessant said.
Over the past few years, other companies have turned to confidential computing, including Microsoft and Google. Last month Google Cloud announced that it was kickstarting a beta version of confidential virtual machines as the initial product in Google Cloud's confidential computing portfolio.
According to the Institute of Electrical and Electronics Engineers, confidential computing typically leverages hardware-based techniques in order to isolate data, specific functions, or an entire application from the operating system, hypervisor or virtual machine manager, and other privileged processes.
It gives organizations wary of the security flaws inherent in cloud systems a bit more certainty and allows different enterprises to share data without the fear of anything being lost or stolen.
Last year, industry leaders Alibaba, Arm, Baidu, Google Cloud, IBM, Intel, Microsoft, Red Hat, Swisscom, and Tencent came together to found the Confidential Computing Consortium, a new industry group dedicated to accelerating the adoption of confidential computing.
"As we look ahead to the next era of computing, there are lots of predictions and assumptions on what the next great innovation will bebut one thing is indisputable: Data and securing that data is and will remain an incredibly important asset to companies and consumers. As our reliance on data grows in the era of hybrid cloud, the need for data privacy becomes even more critical for everyoneand for businesses, an imperative," Badlaney said.
"As part of this, we need to actively invest and innovate in areas that we believe will better prepare us for the future, and better help our clients to protect their highly sensitive data."
Strengthen your organization's IT security defenses by keeping abreast of the latest cybersecurity news, solutions, and best practices. Delivered Tuesdays and Thursdays
Cloud Native Computing Foundation Grants Zalando the Top End User Award – PRNewswire
SAN FRANCISCO, Aug. 20, 2020 /PRNewswire/ --The Cloud Native Computing Foundation (CNCF), which builds sustainable ecosystems for cloud native software, today announced that Zalando, Europe's leading online platform for fashion and lifestyle, has won the CNCF End User Award in recognition of its notable contributions to the cloud native ecosystem.
Zalando SE started its cloud native journey in 2015 in its transition from on-premise data centers to the public cloud. Zalando leveraged numerous CNCF projects, including Kubernetes, Prometheus, CNI, and etcd to deliver a superior experience for over 1,300 Zalando developers and serves over 34 million active customers across 17 countries.
"Since joining CNCF in early 2017, Zalando has been an active member of the Foundation's End User community, in particular chairing the Developer Experience SIG," said Cheryl Hung, Director of Ecosystem at Cloud Native Computing Foundation. "Active across the community, Zalando has provided upstream contributions to Kubernetes, created and maintained a number of open source projects to expand the Kubernetes ecosystem and provided significant insights into the company's successes and failures. We are pleased to present them with this award and excited to watch the company's continued contributions to the community."
With its in-house built cloud-native application runtime, Zalando now operates over 150 Kubernetes clusters with more than 2,400 nodes, 50 percent of which are in production withdaily peaks of 20,000 requests per second for single clusters. Those clusters are home to almost 2,000 production applications. By leveraging the CNCF ecosystem and numerous incubating and graduated projects, Zalando is able to deliver a stable platform for its growing customer base.
Zalando released a number of open source projects: Skipper, Zalando's Kubernetes Ingress proxy and HTTP router; Postgres Operator, the battle-tested operator to run PostgreSQL on Kubernetes; kube-metrics-adapterto use custom metrics for autoscaling, the Ingress controller for AWS; and more.
"We are honored to be recognized by CNCF with the top end user award," said Henning Jacobs, Senior Principal Engineer at Zalando. "Zalando's need to massively scale led us on a cloud native journey that has ultimately made our developers happier and enabled us to grow with customer demand. The Kubernetes and cloud native community has been such a valuable resource for us that we are dedicated to actively continuing giving back in any way we can."
Zalando is one of more than 140 organizations in the CNCF End User Community, which meets regularly to share adoption best practices and feedback on project roadmaps and future projects for CNCF technical leaders to consider.
Additional Resources
About Cloud Native Computing Foundation
Cloud native computing empowers organizations to build and run scalable applications with an open source software stack in public, private, and hybrid clouds. The Cloud Native Computing Foundation (CNCF) hosts critical components of the global technology infrastructure, including Kubernetes, Prometheus, and Envoy. CNCF brings together the industry's top developers, end users, and vendors, and runs the largest open source developer conferences in the world. Supported by more than 500 members, including the world's largest cloud computing and software companies, as well as over 200 innovative startups, CNCF is part of the nonprofit Linux Foundation. For more information, please visit http://www.cncf.io.
About Zalando SE
Zalandois Europe's leading online platform for fashion and lifestyle. Founded in Berlin in 2008, we bring head-to-toe fashion to more than 32 million active customers in 17 markets, offering clothing, footwear, accessories and beauty. The assortment of international brands ranges from world famous names to local labels. Our platform is a one-stop fashion destination for inspiration, innovation and interaction. As Europe's most fashionable tech company, we work hard to find digital solutions for every aspect of the fashion journey: for our customers, partners and every valuable player in the Zalando story. Our goal is to become the starting point for fashion.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page. Linux is a registered trademark of Linus Torvalds.
Media Contact Jessie Adams-Shore The Linux Foundation [emailprotected]
SOURCE Cloud Native Computing Foundation
Link:
Cloud Native Computing Foundation Grants Zalando the Top End User Award - PRNewswire
Global Cloud Computing Platform as a Service (PaaS) Market 2020 Shares, Strategy, and Forecasts 2025 by Top Manufacturers- Cloudflare Windows Azure…
Global Cloud Computing Platform as a Service (PaaS) Market provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. Global Cloud Computing Platform as a Service (PaaS) Market research report presentation demonstrates and presents an easily understandable market depiction, lending crucial insights on market size, market share as well as latest market developments and notable trends that collectively harness growth in the Global Cloud Computing Platform as a Service (PaaS) Market.
Get a sample of the report at: https://www.orbisresearch.com/contacts/request-sample/4642783
Global Cloud Computing Platform as a Service (PaaS) Market research report presentation demonstrates and presents an easily understandable market depiction, lending crucial insights on market size, market share as well as latest market developments and notable trends that collectively harness growth in the Global Cloud Computing Platform as a Service (PaaS) Market.
This detailed and meticulously composed market research report on the Global Cloud Computing Platform as a Service (PaaS) Market discussed the various market growth tactics and techniques that are leveraged by industry players to make maximum profits in the Global Cloud Computing Platform as a Service (PaaS) Market even amidst pandemic situation such as COVID-19.
The major players covered in Cloud Computing Platform as a Service (PaaS) are:Cloud Computing Platform as a Service (PaaS)CloudflareWindows AzureSalesforceIBM CloudApache StratosOracleOpenShiftServiceNowGoogleAWSSAPPleskVMwareZoho CreatorRed Hat
Read complete report at: https://www.orbisresearch.com/reports/index/global-cloud-computing-platform-as-a-service-paas-market-2020-by-company-regions-type-and-application-forecast-to-2025
Global Cloud Computing Platform as a Service (PaaS) Market by Type:Cloud Computing Platform as a Service (PaaS)Video Communication PaasCloud Telephony PaasWeb and Mobile OptimizationOthers
Global Cloud Computing Platform as a Service (PaaS) Market by Application:Cloud Computing Platform as a Service (PaaS)Large EnterprisesSMEs
Regional Analysis of the Global Cloud Computing Platform as a Service (PaaS) MarketFurther in the subsequent sections of the report, readers can get an overview and complete picture of all major company players, covering also upstream and downstream market developments such as raw material supply and equipment profiles as well as downstream demand prospects. Regional analysis is another highly comprehensive part of the research and analysis study of the Global Cloud Computing Platform as a Service (PaaS) Market presented in the report. This section sheds light on the sales growth of different regional and country-level Cloud Computing Platform as a Service (PaaS) markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Cloud Computing Platform as a Service (PaaS) market.
The report offers in-depth assessment of the growth and other aspects of the Cloud Computing Platform as a Service (PaaS) market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Scope of the Global Cloud Computing Platform as a Service (PaaS) Market ReportThis aforementioned Global Cloud Computing Platform as a Service (PaaS) Market has recorded a growth valuation of xx million US dollars in 2020 and is also likely to show favorable growth worth xx million US dollars throughout the forecast tenure until 2025, clocking at an impressive CAGR of xx% through the forecast period.
For better and superlative comprehension of the Global Cloud Computing Platform as a Service (PaaS) Market by leading market players and participants striving to strike a profitable growth trail in the Global Cloud Computing Platform as a Service (PaaS) Market during 2020-25.
Make an enquiry before buying this report at: https://www.orbisresearch.com/contacts/enquiry-before-buying/4642783
Global Cloud Computing Platform as a Service (PaaS) Market Dynamics
Notable references about business development and expansion, dynamics, market size as well as insights on value and volume are thoroughly evaluated and addressed in the report. Pertinent details on regional growth characteristics, featuring country-wise performance as well as vendor listing and activity also find significant mention in the report, addressing the Global Cloud Computing Platform as a Service (PaaS) Market.
Reasons for Report Investment
About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Us:Hector CostelloSenior Manager Client Engagements4144N Central Expressway,Suite 600, Dallas,Texas 75204, U.S.A.Phone No.: +1 (972)-362-8199; +91 895 659 5155
Read the original here:
Global Cloud Computing Platform as a Service (PaaS) Market 2020 Shares, Strategy, and Forecasts 2025 by Top Manufacturers- Cloudflare Windows Azure...
Cloud Computing Optical Component Market Incredible Possibilities, Growth Analysis and Forecast To 2025 – Scientect
The Cloud Computing Optical Component market study added by Market Study Report, LLC, exhibits a comprehensive analysis of the growth trends present in the global business scenario. The study further presents conclusive data referring to the commercialization aspects, industry size and profit estimation of the market. The study also illustrates the competitive standing of leading manufacturers in the projection timeline whilst incorporating their diverse portfolio and regional expansion endeavors.
Executive Summary:
The Cloud Computing Optical Component market research report provides a detailed overview of this industry vertical with respect to major growth drivers, challenges, opportunities, and future projections affecting the industry dynamics.
Request a sample Report of Cloud Computing Optical Component Market at:https://www.marketstudyreport.com/request-a-sample/2765076?utm_source=scientect.com&utm_medium=AG
The Cloud Computing Optical Component market is set to expand with a CAGR of xx% over the analysis timeframe.
Pivotal insights pertaining to the competitive dynamics, regional landscape, along with the various market segmentations are cited in the report. Additionally, the study assesses the impact of COVID-19 pandemic on the remuneration scale of the industry.
Market Rundown:
Regional outlook:
Product terrain outline:
.
Application scope overview:
.
Ask for Discount on Cloud Computing Optical Component Market Report at:https://www.marketstudyreport.com/check-for-discount/2765076?utm_source=scientect.com&utm_medium=AG
Competitive landscape Review:
.
TOC of Cloud Computing Optical Component Market Report Includes:
For More Details On this Report: https://www.marketstudyreport.com/reports/global-cloud-computing-optical-component-market-growth-status-and-outlook-2020-2025
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Cloud Computing Optical Component Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: Cloud Computing Optical Component Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
Related Reports:
1. Global Glass-to-Metal Connectors Market Growth 2020-2025The Glass-to-Metal Connectors Market Report offer the complete scenario of the industry and valuation of upcoming Trends for future market. It also gives the analytic of enduring growth factor, trends and statistic of Glass-to-Metal Connectors Market industry. The Glass-to-Metal Connectors Market has been outlined by overall information and analysis.Read More: https://www.marketstudyreport.com/reports/global-glass-to-metal-connectors-market-growth-2020-2025
2. Global Encoder IC Market Growth 2020-2025Encoder IC Market report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market.Read More: https://www.marketstudyreport.com/reports/global-encoder-ic-market-growth-2020-2025
Read More Reports On: https://www.marketwatch.com/press-release/automotive-electronics-control-unit-market-size-growing-at-67-cagr-to-hit-usd-58300-million-by-2025-2020-08-19
Contact Us:Corporate Sales,Market Study Report LLCPhone: 1-302-273-0910Toll Free: 1-866-764-2150 Email: [emailprotected]
Here is the original post:
Cloud Computing Optical Component Market Incredible Possibilities, Growth Analysis and Forecast To 2025 - Scientect
Cloud Computing Technologies Market: Global Opportunities, Regional Overview, Top Leaders, Size, Revenue and Forecast up to 2023 – Scientect
The report discusses the market dynamics, which have an impact on this market, and provides information on applications, security and vulnerabilities of cloud computing technologies. This study also aims to assess competitors and included profiles of key companies active in cloud computing technologies markets.
Report Scope:
The report provides, a general outlook of various cloud-based technology markets, with the scope limited to reports published by BCC Research during the year 2018 and 2019. The report segments cloud technologies market by service type: Software as a Service (S-a-a-S/SaaS); Infrastructure as a Service (I-a-a-S/IaaS); and Platform as a Service (P-a-a-S/PaaS). Further, the market is also segmented by deployment mode: public cloud, private cloud and hybrid cloud.
Get Access to sample pages @ https://www.trendsmarketresearch.com/report/sample/11707
The cloud-based technologies market segmented by service type defines prevalent and advanced computing solutions or technologies hosted by cloud service providers (CSPs) or managed service providers (MSPs) as a service, through their datacenters. Any solutions, applications or IT component hosted for their clients by any IT vendor in form of service (or as-a-service), either through their own cloud data-center or in partnership with any third-party CSPs or MSPs, falls under either of three services types. The segment focuses on highlighting the recent trends, advancements, and applications of such solutions in various industries, as part that covering the qualitative aspects of the market in brief. The market size for the service type segment is provided only for the public cloud deployment mode.
The report also segments the cloud computing technologies market by component and industry vertical. The segment provides descriptive information on various component, including different hardware, software and services, that makes cloud computing technologies work. Further, market by industry vertical includes detailed overview of how organizations in various industries are utilizing different cloud-based solutions getting benefitted. The segment also provides the relevant market size and estimation for 2019 to 2024.
Report Includes:
29 tables A general outlook of the global cloud computing technologies market Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024 Discussion of cloud computing technologies, by various service models Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS) Information on current market trends and technology background including drivers, restraints and opportunities Coverage of patent reviews and key new developments in the market Detailed profiles of leading manufacturers, suppliers and service providers of cloud computing technologies, including Adobe Systems Inc., Cisco Systems, Inc., Hewlett Packard Enterprise (HPE) Co., Microsoft Corp., Oracle Corp. and SanDisk Corp.
Summary
Traditionally, Information technology (IT) business applications and solutions have always been very complicated to manage and expensive. Huge capital and upfront cost are required to implement and run variety of hardware, software or business applications. Large enterprises need a dedicated team of IT experts to manage, install, configure, test, run, secure, and update those applications. Whereas, small and medium businesses (SMBs) face difficulties in setting up the required infrastructure. The emergence of advanced virtualization solutions gave rise to the cloud computing. Cloud computing is helping industries all around the world to transform their businesses digitally. The technology is helpingenterprises to digitally transform their traditional IT infrastructure and offers new perspectives for potential business opportunities. Organizations use pay-as-you-use subscription services for a pool of cloud-based, or third-party IT resources, to ensure revenue growth and other advantages. The model thus helps SMBs in various industries to compete with their larger counterparts.
Until recently, IT leaders have deployed the flexible cloud-based services and solutions considering them only for avoidance or reduction of costs as the primary benefits. However, over the past few years, some of the advanced technology such as machine learning/artificial intelligence (AI), Internet of Things (IoT), mobility technologies, and cognitive computing and other strategic factors are expected to give an exponential expansion to the cloud-based solution/application or services market. Further, the prevalence of low cost, flexible and secure public cloud environment and proliferation of SaaS solutions are significantly driving the adoption of cloud technologies in businesses.
Reasons for Doing This Study
Businesses need to analyze, understand and proactively adapt to changing market dynamics faster than ever before. Thus, organizations in various industries are focusing on agility and automation of their business processes, in order to facilitate its employees and have faster time to produce. The cloud-based technologies are helping businesses with ability to deal with uncertainties and stay competitive in rapidly changing market. Most of the organizations are migrating their critical IT workloads to the cloud to address the business demands of faster computing performance, and reducing cost and complexity involved in managing the on-premises IT infrastructure.
Businesses are recognizing the value of public cloud solutions as they accelerate their digital transformation and follow evolving customer roadmaps. The prevalence of public cloud solutions represents opportunities for organizations of all sizes and industry verticals to disrupt their respective industries. The technology allows more startups and SMB firms to compete against their larger counterparts on grounds of innovation, allowing them to focus on their core business offerings, without having to invest significantly on underlying technology infrastructure.
The need for elastic, scalable and low-cost cloud options will continue to increase along with security and performance requirements. With the changing landscape of application and data platforms, distributed app workloads and DevOps-driven SDLC practices, future public cloud offerings will be more secure, reliable and vertical-specific to facilitate profitable and agile digital transformation.
In order to keep the key stakeholders of cloud-based technology markets and other readers updated with recent trends and technology advancements in cloud computing ecosystem, BCC Research has decided to provide a general outlook of cloud computing ecosystem.
Read the rest here:
Cloud Computing Technologies Market: Global Opportunities, Regional Overview, Top Leaders, Size, Revenue and Forecast up to 2023 - Scientect
Cloud stocks revving up as Fastly breaks out to 11% gain – Seeking Alpha
Work-from-home tech and cloud computing stocks are rising, benefiting from money flowing into familiar lockdown winners with a lack of leadership in other sectors.
Fastly (FSLY,+11.5%) is leading cloud names. The stock plunged earlier this month after CEO Joshua Bixby identified TikTok as the company's largest single customer, accounting for 12% of H1 revenue.
But there are now two potential suitors for TikTok, with Microsoft joined by Oracle, who got a nod from President Trump as a good fit.
The edge cloud platform company still has more than 20% to go until shares are back where they were before the TikTok selloff, around $109.
Edge computing also got a nod from Nvidias conference call, where CFO Colette Kress highlighted the companys new EGX Edge AI platform. While new entrants mean increased competition, they also illustrate the potential for the space. Fastly said in its latest 10Q that such increased competitions could lead to takeovers and strategic partnerships.
Other cloud stocks on the move include cloud security company Zscaler (ZS,+6.4%) and Datadog (DDOG,+4.5%).
The First Trust Cloud Computing ETF (NASDAQ:SKYY) isup 1.3%. The WisdomTree Cloud Computing ETF (NASDAQ:WCLD) isup 2.9%.
Among work-from-home tech names, Zoom Video (ZM,+5.9%) is jumping, joined by Slack (WORK,+5%) and DocuSign (DOCU,+3%).
Brazilian-U.S. investment fund 3G Capital revealed last week it started new stakes in Fastly and Zoom.
Visit link:
Cloud stocks revving up as Fastly breaks out to 11% gain - Seeking Alpha
Halliburton to bring cloud-based tech to offshore rigs in Thailand – Houston Chronicle
Houston oil-field services company Halliburton landed a contract to add cloud computing technology that will improve production at offshore rigs in Thailand.
Financial terms were not disclosed but Halliburton announced Tuesday that it had won a contract from PTTEP, a national petroleum exploration and production company in Thailand, to design and implement a series of digital transformation projects.
Under the contract, Halliburton subsidiary Landmark will deploy its DecisionSpace Production Suite software at four offshore fields Arthit, Greater Bongkot South, Greater Bongkot North and the Myanmar Zawtika Field.
Service Sector: Halliburton launches clean tech lab
Using cloud computing technology, data will be stored and analyzed on web-based servers rather than physical servers aboard the offshore production platforms.
The software was designed to apply advanced physics and data science models to monitor the offshore wells and flag issues that will help PTTEP engineers improve oil and natural gas production.
Effectively leveraging and implementing digital technologies improves efficiency to increase production, reduce operating expenses and maximize the value of the operators portfolio,"said Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Solutions.
Fuel Fix: Get daily energy news headlines in your inbox
See the original post:
Halliburton to bring cloud-based tech to offshore rigs in Thailand - Houston Chronicle
Keysight Technologies Reports Third Quarter 2020 Results – Web Hosting | Cloud Computing | Datacenter | Domain News – Daily Host News
Sequential revenue growth drives strong operating margin and cash flow
SANTA ROSA, Calif.(BUSINESS WIRE)$KEYS #earningsKeysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the third fiscal quarter of 2020 ended July 31, 2020.
Keysight delivered stronger-than-expected third quarter results as we ramped production capacity back to nearly 100% by quarter-end. Our execution and financial performance demonstrated the exceptional resilience of our business for the second quarter in a row, even with continued macro challenges. The Keysight team rapidly adapted to a new operating environment, while delivering on our commitments to customers, partners, and shareholders, said Ron Nersesian, Keysights Chairman, President and CEO. Despite near-term uncertainty, we expect to achieve year-over-year revenue and earnings growth in the fourth quarter.
Third Quarter Financial Summary
Reporting Segments
CSG reported third quarter revenue of $760 million, down 4 percent, due to a challenging macroeconomic environment. From a demand perspective, investment continued in next-generation technologies such as 5G, with growth in 5G network rollouts and commercial launches, as well as 400G-related data center investment. Demand remained strong in the U.S. for aerospace defense and government solutions.
EISG reported revenue of $251 million in the third quarter, down 15 percent, due to a challenging macroeconomic environment. Weakness in general electronics and automotive markets was slightly offset by continued investment in advanced semiconductor process node technologies.
Outlook
Keysights fourth fiscal quarter of 2020 revenue is expected to be in the range of $1,170 million to $1,190 million. Non-GAAP earnings per share for the fourth fiscal quarter of 2020 are expected to be in the range of $1.42 to $1.48, which exclude items that pertain to future events and are not currently estimable with a reasonable degree of accuracy. Therefore, no reconciliation to GAAP amounts has been provided. Further information is discussed in the section titled Use of Non-GAAP Financial Measures below.
Webcast
Keysights management will present more details about its third quarter FY2020 financial results and its fourth quarter FY2020 outlook on a conference call with investors today at 1:30 p.m. PT. This event will be webcast in listen-only mode. Listeners may log on to the call at http://www.investor.keysight.com under the Upcoming Events section and select Q3 2020 Keysight Technologies Inc. Earnings Conference Call to participate or dial +1 833-968-2178 (U.S. only) or +1 778-560-2837 (International) and enter passcode 8298476. The webcast will remain on the company site for 90 days.
Forward-Looking Statements
This communication contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. These forward-looking statements involve risks and uncertainties that could significantly affect the expected results and are based on certain key assumptions of Keysights management and on currently available information. Due to such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Keysight undertakes no responsibility to publicly update or revise any forward-looking statement. The forward-looking statements contained herein include, but are not limited to, information and future guidance on the companys goals, priorities, revenues, demand, financial condition, earnings, impacts of US export control regulations, the expected growth of the markets the company sells into, operations, operating earnings, and tax rates that involve risks and uncertainties that could cause Keysights results to differ materially from managements current expectations. Such risks and uncertainties include, but are not limited to, government mandated shutdowns, disruption in the supply chain causing delays in our ability to manufacture or deliver products and solutions to customers, the impact of social distancing requirements, slowdown in customer purchasing, order cancelations, and labor shortages caused by pandemic conditions such as the novel coronavirus (COVID-19); changes in the demand for current and new products, technologies, and services; customer purchasing decisions and timing; the risk that we are not able to realize the savings or benefits expected from integration or restructuring activities; increased trade tension and tightening of export control regulations. The words estimate, expect, intend, will, should, forecast, and similar expressions, as they relate to the company, are intended to identify forward-looking statements.
In addition to the risks above, other risks that Keysight faces include those detailed in Keysights filings with the Securities and Exchange Commission, including our Form 10-K for the fiscal year ended Oct. 31, 2019 and Keysights quarterly report on Form 10-Q for the period ended April 30, 2020.
Segment Data
Segment data reflects the results of our reportable segments under our management reporting system. Segment revenue excludes the impact of fair value adjustments to acquisition-related deferred revenue balances. Segment data are provided on page 6 of the attached tables.
Use of Non-GAAP Financial Measures
In addition to financial information prepared in accordance with U.S. GAAP (GAAP), this document also contains certain non-GAAP financial measures based on managements view of performance, including:
Income per share is based on weighted average diluted share count. See the attached supplemental schedules for reconciliations of each non-GAAP financial measure to its most directly comparable GAAP financial measure for the three months ended July 31, 2020. Following the reconciliations is a discussion of the items adjusted from our non-GAAP financial measures and the companys reasons for including or excluding certain categories of income or expenses from our non-GAAP results.
About Keysight Technologies
Keysight Technologies, Inc. (NYSE: KEYS) is a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world. Keysights solutions optimize networks and bring electronic products to market faster and at a lower cost with offerings from design simulation, to prototype validation, to manufacturing test, to optimization in networks and cloud environments. Customers span the worldwide communications ecosystem, aerospace and defense, automotive, energy, semiconductor and general electronics end markets. Keysight generated revenues of $4.3B in fiscal year 2019. More information is available at http://www.keysight.com.
Additional information about Keysight Technologies is available in the newsroom at http://www.keysight.com/go/news and on Facebook, LinkedIn, Twitter and YouTube.
Source: IR-KEYS
Three months ended
July 31,
Percent
2020
2019
Inc/(Dec)
$
1,067
$
1,110
(4)%
$
1,011
$
1,087
(7)%
405
444
(9)%
169
168
1%
259
281
(8)%
(4)
(3)
29%
829
890
(7)%
182
197
(8)%
1
7
(85)%
(20)
(20)
(3)%
22
15
37%
185
Read more from the original source:
Keysight Technologies Reports Third Quarter 2020 Results - Web Hosting | Cloud Computing | Datacenter | Domain News - Daily Host News
The global cloud computingmarket size is expected to grow from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a Compound Annual Growth…
New York, Aug. 18, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Cloud Computing Market by Service, Deployment Model, Organization Size, Vertical And Region - Global Forecast to 2025" - https://www.reportlinker.com/p05749258/?utm_source=GNW The sudden shutdowns of offices, schools, and enterprises have increased the demand for cloud solutions and services. The cloud market in verticals such as IT, telecom, BFSI, and media and entertainment has impacted positively due to the work from home initiative. Employees are using cloud collaboration platforms for communicating and consuming OTT streaming services heavily as they need to stay at home amidst lockdowns.
Infrastructure as a Service (IaaS) to help enterprises in enhancing infrastructure scalability and performanceIaaS enables enterprises to leverage their IT infrastructure without paying for the construction of the physical infrastructure.Moreover, it provides flexibility, mobility, easy, and scalable access to applications, and enhances collaboration to help enterprises focus on their core businesses.
The increasing internet access through smartphones and other devices has spurred the digitalization trend among enterprises that generate large volumes of business data daily.These factors have increased the enterprises concerns over losing the focus on core business operations and meeting the demand for clients.
IaaS helps in reducing the cost of deploying IT infrastructure, hardware, and in hiring skilled resources. These benefits, in turn, are expected to drive the adoption of IaaS.
Retail and consumer goods vertical to grow at the highest rateduring the forecast periodThe retail and consumer goods vertical is one of the fastest-growing verticals with respect to the adoption of emerging and innovative technologies, such as cloud computing, big data analytics, DevOps, digital stores, and social networks.Various factors driving this adoption are the rising purchasing power of customers and the need to satisfy customer expectations leading to the existing customer retention and new customer acquisition.
Online retailing and cloud technologies have significantly disrupted the retail and consumer goods vertical leading to the adoption of cloud computing mainly for storage, backup, and security services.
North Americato hold the largestmarketsize andAsia Pacific (APAC) to grow at the highest rate during the forecast periodNorth America is the most mature market in terms of cloud computing services adoption, due to several factors, such as the presence of many enterprises with advanced IT infrastructure, and availability of technical expertise.APAC is expected to offer significant growth opportunities for cloud computing vendors during the forecast period.
Rapid advancements in emerging technologies, IT infrastructure services, and the Internet of Things (IoT) have led many organizations to adopt cloud computing services.In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people.
The breakup of the profiles of the primary participants as follows: By Company Type: Tier I:35%, Tier II: 45%, and Tier III:20% By Designation: C-Level:35%, D-Level:25%,and Others:40% By Region: North America:45%, Europe:20%, APAC: 30%, and RoW: 5%
The report profiles the following keyvendors:1. AWS (US)2. Microsoft (US)3. Google (US)4. Alibaba (China)5. SAP (Germany)6. IBM (US)7. Oracle (US)8. VMware (US)9. Rackspace (US)10. Salesforce (US)11. Adobe (US)12. CenturyLink (US)13. Fujitsu (Japan)14. Workday (US)15. Infor (US)16. Sage Group (UK)17. Intuit (US)18. Epicor (US)19. IFS (Sweden)20. ServiceNow (US)21. OpenText (US)22. Cisco (US)23. Box (US)24. Zoho (US)25. Citrix (US)26. Upland Software (US)27. DigitalOcean (US)28. Bluelock (US)29. OVH (France)30. Joyent (US)31. Skytap (US)32. Virtuestream (US)33. Tencent (China)34. DXC (US)35. NEC (Japan)36. Navisite (US)
Research CoverageThe report segments the global cloud computing market by service model, the cloud computing market has been segmented into IaaS, SaaS, and PaaS.The IaaS model has been further segmented into primary storage, disaster recovery and backup, archiving, and compute.
The PaaS model has been further segmented into application development and platforms, application testing and quality, analytics and reporting, integration and orchestration, and data management.The SaaS model is further categorized into Customer Relationship Management (CRM), Enterprise Resource Management (ERM), Human Capital Management (HCM), content management, collaboration and productivity suites, Supply Chain Management (SCM), and others.
By the deployment model, the cloud computing market has been segmented into a public cloud and private cloud.Based on organization size, the market has been classified into Small and Medium-sized Enterprises (SMEs) and large enterprises.
By vertical, the cloud computing market has been classified into Banking, Financial Services and Insurance (BFSI); telecommunications; IT and Information Technology-enabled Services (ITeS); government and public sector; retail and consumer goods; manufacturing; healthcare and life sciences; media and entertainment; energy and utilities; and others (education, travel and hospitality, and transportation and logistics). By region, the market has been segmented into North America, Europe, APAC, MEA, and Latin America.
Key Benefits of Buying the ReportThe report will help the market leaders/new entrants in the cloud computingmarket with information on the closest approximations of the revenue numbers for the overall cloud computing market and the subsegments.The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.
The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.Read the full report: https://www.reportlinker.com/p05749258/?utm_source=GNW
About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
See the rest here:
The global cloud computingmarket size is expected to grow from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a Compound Annual Growth...