Category Archives: Cloud Computing
Cloud Security Alliance Study Finds While CASB Demand Is High, Additional Education Is Needed to Clarify Cloud Security Goals – Business Wire
SEATTLE--(BUSINESS WIRE)--The Cloud Security Alliance (CSA), the worlds leading organization dedicated to defining standards, certifications and best practices to help ensure a secure cloud computing environment, announced today the release of its latest survey report, The Evolution of the CASB. The study, which queried more than 200 IT and security professionals from a variety of organization sizes and locations, examined the expectations, technical implementations, and challenges of using cloud security access brokers (CASB). The results reveal unrealized gaps between the rate of implementation or operation and the effective use of the capabilities within the enterprise.
CASB solutions have been underutilized on all the pillars but in particular on the compliance, data security, and threat protection capabilities within the service, said Hillary Baron, lead author and research analyst, Cloud Security Alliance. Its clear that training and knowledge of how to use the products need to be made a priority if CASBs are to become effective as a service or solution.
Commissioned by Proofpoint, Inc., a leading cybersecurity company and CASB solution provider, the paper found that while nearly 90% of the organizations surveyed are already using or researching the use of a CASB, half (50%) dont have the staffing to fully utilize cloud security solutions, which could be remediated by working with top CASB vendors.
Further, more than 30% of respondents reported having to use multiple CASBs to meet their security needs and just over one-third (34%) find solution complexities an inhibitor in fully realizing the potential of CASB solutions. Overall, CASBs perform well for visibility and detecting behavior anomalies in the cloud but have yet to become practical as a tool for remediation or prevention.
To overcome the gaps uncovered in this Cloud Security Alliance survey look for a solution that is part of a larger security portfolio and can effectively address the people-centric cloud security concerns on cloud account compromise, cloud data loss prevention, and cloud application compliance and visibility, said Tim Choi, vice president of Product Marketing for Proofpoint. Its critical that the journey starts with clear goals in mind and prioritized objectives. In addition, identifying CASB solutions that provide a deployment model that can be operationalized in hours, not weeks leads to faster time to value.
Additionally, the report found that when it comes to utilizing CASBs, of those surveyed:
Download the free report.
For more information on Proofpoints CASB solution, please visit https://www.proofpoint.com/us/products/cloud-security/cloud-app-security-broker.
About Cloud Security Alliance
The Cloud Security Alliance (CSA) is the worlds leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud from providers and customers to governments, entrepreneurs, and the assurance industry and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem. For further information, visit us at http://www.cloudsecurityalliance.org, and follow us on Twitter @cloudsa.
About Proofpoint, Inc.
Proofpoint, Inc. (NASDAQ: PFPT) is a leading cybersecurity company that protects organizations greatest assets and biggest risks: their people. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Leading organizations of all sizes, including more than half of the Fortune 1000, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web. More information is available at http://www.proofpoint.com.
Capital One fine is latest wake-up call for banks using the cloud – American Banker
Its been more than a year since Capital One Financial said it had suffered a data breach that exposed the personal information of 106 million customers, but the lessons from the episode are as timely as ever.
The $80 million penalty assessed by the Office of the Comptroller of the Currency on Thursday against the McLean, Va., company for its security lapse highlights how serious a regulatory risk data-integrity issues are especially those involving cloud computing.
The hack was allegedly carried out by Paige Thompson, a former software engineer at Amazon Web Services, who broke into Capital One's servers in Amazon's cloud through a misconfigured web application firewall. Thompson was arrested and awaits trial on charges of hacking Capital One and 30 other organizations.
Banks continue to put sensitive data in the cloud, especially as digital services have risen in popularity during the pandemic. The incident and its aftermath offer banks a watchlist of precautions that have become clearer with the passage of time, say academic and information security experts interviewed for this story.
Here are six steps banks can take to strengthen their data defenses.
Thompson gained access to the Capital One data through an insecure web application firewall.
Jim Reavis, co-founder and chief executive of the Cloud Security Alliance, said Capital One used open-source software to build its firewall to the servers.
Open-source software in and of itself is not dangerous, he said. All of corporate America uses open-source software of different types and flavors, he said.
But this firewall had a misconfiguration that the attacker used to conduct a server-side request forgery, which enabled her to obtain privileged identity credentials.
Maintaining security updates on open-source software is as important as it is on proprietary software, Reavis said.
Capital One did not immediately respond to a request for comment Friday, but a day earlier, after the OCC penalty was announced, the company said it takes data security seriously and had controls in place at the time of the breach that helped authorities make an arrrest.
"In the year since the incident, we have invested significant additional resources into further strengthening our cyber defenses, and have made substantial progress in addressing the requirements of these orders," a company spokesperson said in an email to American Banker.
A combination of automation and human review can be used to check and double-check the security of software code, said Steve Rubinow, a computer science faculty member at DePaul University and former chief information officer of the New York Stock Exchange.
In any security space, the weakest link is human because we humans make mistakes, Rubinow said. Even the smartest of us, the most capable of people with the best track records are capable of making mistakes.
Thompson was an insider: She had worked at AWS on the Capital One account.
Reavis said companies need to pay more attention to administrator accounts, sometimes called God access accounts, that give insiders carte blanche access to everything. And they should and apply dual key systems, so administrators cant access elevated privileges on their own.
Companies ought to employ a principle of least privileges so when a credential is stolen, as in this case, they can reduce the harm caused, Reavis said.
Capital One made some mistakes with authentication, Reavis said.
Multifactor authentication is a great way to take a lot of different types of successful attacks and cause them to have no negative consequences, he said.
Capital One does use multifactor authentication a lot, Reavis said. But on back-end systems like this one, its use is uncommon.
That's changing you're seeing more organizations thinking of identity more holistically, Reavis said. They're thinking of identity of devices, identity of applications, identity of data stores, and then extending their identity management and authentication strategies across the board.
Capital One did respond quickly and effectively to the breach, such that the hacker was caught right away and the data was rapidly secured.
In addition to a strong incident response, Capital One notified customers of the breach promptly.
It likely reduced their fine significantly, Reavis said.
Throughout the past year, Capital One has been in a court battle to keep private an investigative report it hired the security firm Mandiant to write about the breach. But recently, a court required Capital One to share the report with the plaintiffs' attorneys in a class action.
An incident analysis or forensics type of report is going to have a lot of sensitive information that might expose additional vulnerabilities and threat vectors, Reavis said. I understand the sensitivity. But organizations need to be very frank about how their systems are configured and tested to make sure they're secure in the first place and be very transparent about how incidents are handled, how the systems are governed.
Mark Bower, senior vice president with the data-security company comforte AG, makes a point regulators have been making for years: Companies cant outsource security to vendors, especially cloud vendors.
The signal is very clear: The often-referenced shared responsibility cloud model means naught when its your data, Bower said. You are responsible and accountable, and will pay the price if gaps are exploited.
Rubinow echoed this point.
There have been a number of companies in the past that have so much respect for Amazon or whoever their cloud provider is that they say, if I just put my computing assets in their cloud, they will secure them for me because they're really smart people and they do it at scale, he said.
I always have to remind those people that they don't secure everything. And at the end of the day, these are your applications. This is your data. You need to be vigilant and safeguard them, because no one's going to care about them as much as you are, and it's still your responsibility.
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Capital One fine is latest wake-up call for banks using the cloud - American Banker
Cloudy Jobs Launches the First Job Board for Cloud Computing Professionals – Benzinga
Washington, DC, August 07, 2020 --(PR.com)-- The rise of cloud computing created an entirely new professional niche. The COVID-19 pandemic has only increased the demand for computing experts who can deliver from remote settings. In an often confusing and suddenly crowded job market, Cloudy Jobs offers the worlds only job-board service designed expressly for cloud careers.
With featured employers including Microsoft, Amazon, Google, and Oracle, Cloudy Jobs is fast becoming the first stop for talented software engineers, architects, account executives, and a huge range of other professionals looking to advance their careers in cloud computing or get their foot in the door.
Nevertheless, job listings are just the beginning. Cloudy Jobs features nuanced job alerts, resume-writing support, and guest blog posting by industry professional and a rich library of resources for job seekers and employers alike. All of these tools combine to make Cloudy Jobs the #1 source for cloud computing jobs and talent.
In a rapidly growing market like cloud computing, it can be difficult for job seekers to find the right opportunities, notes Cloudy Jobs President Bill Johnson, and just as difficult for employers to hire with confidence. Thats why we launched Cloudy Jobs not just as another job-posting site but also as a hub of information that helps the right employees find the right employers.
Thats why were happy to have published so many insightful articles by talented writers from both sides of the hiring equation. The content weve built around our job board gives each listing extra resonance, and helps ensure that when employers see our name on a cover letter, they know that theyre reviewing an application from an informed, diligent applicant.
To start the next step in your cloud computing career, or to inquire about publishing on Cloudy Jobs, please visit https://cloudyjobs.com, or contact customerservice@cloudyjobs.com or 800-544-3492.
Contact Information:Cloudy JobsBill Johnson800-544-3492Contact via Emailwww.cloudyjobs.com
Read the full story here: https://www.pr.com/press-release/818646
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Cloudy Jobs Launches the First Job Board for Cloud Computing Professionals - Benzinga
Standard Chartered Bank partners with Microsoft to become a cloud-first bank – Stories – Microsoft
SINGAPORE and REDMOND, Wash. Aug. 11, 2020 Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the banks digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the companies will also co-innovate in open banking and real-time payments to help the bank unlock new banking experiences for clients.
Embarking on a cloud-first strategy
As part of its digital transformation, Standard Chartered will adopt a multicloud approach, where significant applications, including its core banking and trading systems and new digital ventures such as virtual banking and banking-as-a-service, will be cloud-based by 2025, subject to regulatory approvals. The bank will also adopt a cloud-first principle for all new software developments and major enhancements.
As technology reshapes the banking industry, Standard Chartered recognizes that a cloud-first strategy is critical to the banks ambition to make banking simpler, faster and more convenient. By being digital-first, the bank will be able to meet the demand for seamless banking virtually anytime, anywhere, and make banking more accessible to people across its network.
Michael Gorriz, Group Chief Information Officer of Standard Chartered, said, Cloud is a cornerstone of Standard Chartereds strategy to meet the present and future banking needs of our clients. Cloud providers have invested massively in the reliability and automation of infrastructure and platforms. Using cloud services improves our ability to be agile and innovative, while increasing our operational efficiency and resilience. As disruption in the financial industry continues, we can focus on client benefits by deploying our solutions quicker and allowing for faster integration of new business models and partners. To realize our digital ambitions, Standard Chartered has chosen Microsoft as a strategic partner and this partnership marks a major milestone for the bank in adopting a cloud-first approach.
Bhupendra Warathe, Chief Technology Officer, Cloud Transformation at Standard Chartered, added The pandemic has shone a spotlight on the need for businesses and banks to be resilient from a risk mitigation, cost and security perspective. With the increasing trend of an always-on digital economy, commercial and consumer clients are looking for applications and services that empower them to do online banking from anywhere, flexibly and efficiently. The speed and scale of continuous innovation offered by Azure allows us to innovate with the latest AI services to meet evolving client needs. We can pilot new apps in one market and scale them rapidly across others. This is especially important for a bank with a footprint as broad and diverse as ours.
Standard Chartered will adopt Microsoft Azure as a preferred cloud platform to meet the banks need for resilient data centers and cloud services and addressing customers security, privacy and compliance requirements across the banks global footprint.
The first set of capabilities to move to Microsoft Azure will be Standard Chartereds trade finance systems, allowing for seamless cross-border trade for the banks corporate and institutional clients.
The partnership will also advance the banks digital workplace transformation with Microsoft 365 and Microsoft Teams providing modern productivity and collaboration tools to Standard Chartereds 84,000 employees across its 60 markets.
Co-innovating the future of banking
Standard Chartered will also use Microsoft Azure artificial intelligence (AI) and data analytics capabilities to enhance and automate banking processes as well as deliver hyper- personalization of its client products and experiences. Co-innovation in open banking application programming interface (API) and Internet-of-Things-based, real-time payments will also help the bank unlock new banking experiences for clients. Bill Borden, Corporate Vice President of Worldwide Financial Services at Microsoft, said, Cloud computing is an enabler for financial institutions to modernize their infrastructure and systems, to gain the agility they need to respond to competitive pressures, regulatory environments and customer demand. We are committed to helping Standard Chartered Bank in its ongoing digital transformation journey as it strives to address evolving customer needs and build the next generation of banking experiences.
Addressing the social needs of communities in the emerging markets
Standard Chartered strives to understand the evolving needs of its communities and be an enabler for change. As a part of the strategic partnership, the bank and Microsoft will explore sustainable finance and business initiatives to expand sustainability across the industry.
About Standard Chartered Bank
We are a leading international banking group, with a presence in 60 of the worlds most dynamic markets, and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.
For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on Twitter, LinkedIn and Facebook.
About Microsoft
Microsoft (Nasdaq MSFT @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
For more information, please contact:
Microsoft Media Relations, WE Communications for Microsoft, (425) 638-7777, rrt@weworldwide.com
Julie Gibson, Standard Chartered, julie.gibson@sc.com
Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center athttp://news.microsoft.com. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsofts Rapid Response Team or other appropriate contacts listed athttps://news.microsoft.com/microsoft-public-relations-contacts.
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Standard Chartered Bank partners with Microsoft to become a cloud-first bank - Stories - Microsoft
HEALTHCARE CLOUD COMPUTING Market: Which Region Will Register Higher CAGR? 2022 – eRealty Express
Theglobal market for cloud technologies in healthcarewas $16.1 billion in 2016. The market should reach $20.2 billion in 2017 and $35.0 billion by 2022, growing at a compound annual growth rate (CAGR) of 11.6% during 2017-2022.
Request For Report[emailprotected]https://www.trendsmarketresearch.com/report/sample/12227
Report Scope:
The report will segment the technology for IT suppliers by hardware, software and network, as well as for internal and external cloud deployment models by software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS), and also by public, private and hybrid cloud platforms. For healthcare applications, the report will segment the market by: Electronic health records (EHRs). Picture archiving and communications systems (PACS). Cardiology information systems (CIS). Laboratory information systems (LIS). Radiology information systems (RIS). Other (facility, hospital information systems).
Use segments will also be addressed, including healthcare providers, private and public payers, and cloud providers.
Key issues that will be discussed include the inclusion of consumer healthcare applications and medical devices in the cloud ecosystem, adoption of stronger security measures to prevent data breeches and future innovations such as edge cloud services that can better support mobile devices and video services for remote healthcare.Report Includes:
35 data tables and 2 additional tables An overview of the global market for healthcare cloud computing technologies. Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022. Market segmentation by technology, cloud deployment models, healthcare cloud applications, and by region. Discussion of key issues, such as inclusion of consumer healthcare applications and medical devices in the cloud ecosystem, and adoption of stronger security measures. Insight into future innovations, such as edge cloud services that can better support video services for remote healthcare. Profiles of key companies in the market, including: Agfa HealthCare, Allscripts, Amazon Web Services, Analogic, ARM Holdings, Athena Health, Beckman Coulter Inc., Biocontrol Medical.
Get Complete TOC with Tables and [emailprotected]https://www.trendsmarketresearch.com/report/discount/12227
Summary
Initially approached with caution by healthcare organizations, cloud computing is becoming more widely adopted. In 2017, cloud adoption in healthcare increased, as cost savings outweigh potential data protection concerns. Healthcare IT systems are historically expensive to implement, update and maintain. Cloud economics changes that by shifting from individual budgets to cost-sharing models enabled by private, multi-tenant, and in some cases, public clouds.
These trends are shifting in favor of increased IT spending toward cloud hardware, software and networks. The global market for cloud technologies in healthcare was $16.1 billion in 2016. The market is expected to grow to $20.2 billion in 2017 and increase to $35.0 billion by 2022, with a compound average growth rate (CAGR) of 11.6%.
North America will continue to lead spending due to the combination of the large number of cloud suppliers and providers in the region, as well as the pressure to shift expenses away from traditional IT environments. The region will grow from an estimated REDACTED in 2017 to REDACTED in 2022 at a strong CAGR of REDACTED. Europe and Asia-Pacific (APAC) will be the next-largest markets, each representing a REDACTED share of global spending. Europe will increase spending for cloud technologies inhealthcare from REDACTED in 2017 to REDACTED in 2022, at a REDACTED CAGR. APAC will achieve a similarspending level, but it will surpass Europe as cloud services expand in the region. APAC spending will increase from REDACTED in 2017 to REDACTED in 2022, at an REDACTED CAGR.
Latin America, Middle East and Africa, and the remaining Rest of World countries will comprise the remaining REDACTED of the market, with cloud technologies advancing over traditional IT at a slow but steadyrate of between REDAC TED and REDACTED.
Scope of Report
The report will segment the technology for IT suppliers by hardware, software and network, as well as for internal and external cloud deployment models by software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS), and also by public, private and hybrid cloud platforms. For healthcare applications, the report will segment the market by: Electronic health records (EHRs). Picture archiving and communications systems (PACS). Cardiology information systems (CIS). Laboratory information systems (LIS). Radiology information systems (RIS). Other (facility, hospital information systems).
Use segments will also be addressed, including healthcare providers, private and public payers, and cloud providers.
Key issues that will be discussed include the inclusion of consumer healthcare applications and medical devices in the cloud ecosystem, adoption of stronger security measures to prevent data breeches and future innovations such as edge cloud services that can better support mobile devices and video services for remote healthcare.
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HEALTHCARE CLOUD COMPUTING Market: Which Region Will Register Higher CAGR? 2022 - eRealty Express
SaaS Cloud Computing Market 2020 Size by Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies and Forecast to 2027 -…
New Jersey, United States,- The most recent SaaS Cloud Computing Market Research study includes some significant activities of the current market size for the worldwide SaaS Cloud Computing market. It presents a point by point analysis dependent on the exhaustive research of the market elements like market size, development situation, potential opportunities, and operation landscape and trend analysis. This report centers around the SaaS Cloud Computing business status, presents volume and worth, key market, product type, consumers, regions, and key players.
The COVID-19 pandemic has disrupted lives and is challenging the business landscape globally. Pre and Post COVID-19 market outlook is covered in this report. This is the most recent report, covering the current economic situation after the COVID-19 outbreak.
Key highlights from COVID-19 impact analysis:
Unveiling a brief about the SaaS Cloud Computing market competitive scope:
The report includes pivotal details about the manufactured products, and in-depth company profile, remuneration, and other production patterns.
The research study encompasses information pertaining to the market share that every company holds, in tandem with the price pattern graph and the gross margins.
SaaS Cloud Computing Market, By Type
SaaS Cloud Computing Market, By Application
Other important inclusions in the SaaS Cloud Computing market report:
A brief overview of the regional landscape:
Reasons To Buy:
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Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry.
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Accenture, Cisco and Sirti help Enel with IT transformation – Consultancy.eu
Enel Group has taken a big step towards its digitalisation ambition by establishing one of the largest network virtualisation infrastructures in the world. Accenture, Cisco and Sirti Digital solutions were all involved in the process.
Designed in Italy, the new infrastructure virtually connects more than a thousand of Enels sites across ten countries, including Italy, Spain, Argentina, Brazil, Chile, Colombia, Peru and Russia. The project is titled Enel Beyond Cloud Computing, and forms part of a broader digital transformation objective at the company, said Carlo Bozzoli, Head of Enels Global Digital Solutions.
Eventually, the plan is to have a software-defined wide area network (SD-WAN) that can combine with edge computing solutions to create a massive cloud-based telecom infrastructure. The end goal here is to digitalise and optimise Enels entire operation. The newly developed infrastructure one of the largest of its kind in the world is a mammoth step in this direction.
According to Bozzoli, the new infrastructure has already proved invaluable during the Covid-19 crisis, allowing Enel to control its entire site network remotely without the need for staff on the ground.The infrastructure itself was built by Enel Global Digital Solutions, whileAccenture helped implement the centralised virtualisation infrastructure.
Accenture also offered project management support during the digital transformation process, which was enhanced by innovations developed on Ciscos Viptella SD-WAN technology. Meanwhile, the implementation of distributed components across the Italian part of the network was managed by Milan-based digital solutions player Sirti.
What makes the new infrastructure unique is that it combines private and public networks something that has been shunned by Enel previously for security concerns of using a public network. A secure dedicated virtual network was developed to allay these concerns and go ahead with the integrated solution. According to Accenture, combining public and private networks has both improved quality and reduced costs.
The result is a much leaner operation at Enel, characterised by reduced delivery times and a high rate of cost efficiency. The digital infrastructure will also enable Enel to implement other tech solutions based in the internet of things, augmented & virtual reality and artificial intelligence spheres, which can be leveraged to monitor, manage and maintain its Italy-based assets.
With these mammoth investments, Enel is leading the way for digitalisation in Europes energy sector. ACapgemini report from last year indicated that energy demands are edging towards more efficiency, sustainability and transparency, and that digitalisationis the optimal route to matching these evolving expectations. As Europes largest utility company by earnings, Enel is exemplifying the scale of change needed to meet these objectives.
In related news, last year European electricity transmission system operatorTenneT selected Accenture to support a large SAP implementation in the Netherlands and Germany.
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Accenture, Cisco and Sirti help Enel with IT transformation - Consultancy.eu
Mr. Wu Wenjie-Chairman of XnMatrix: Decentralized Storage and Computing are the Footstone for Digital Civilization of Humankind – Yahoo Finance
HONG KONG, CHINA / ACCESSWIRE / August 11, 2020 / On August 7th 2020, "Grand Bay The Week of International Blockchain" co-hosted by Cointelegraph China and Cointelegraph was solemnly held with "One World, One Vision, One Dream" as its vision, focusing on the hotspots of blockchain around the world and aiming to build bridge among the international blockchain industry.
XnMatrix's Chairman Mr. Wu Wenjie was invited to the conference and delivered the keynote speech on "XnMatrix the Decentralized Cloud Computing Platform and Ecosystem"
The Upcoming Decentralized Data Computing Era
By 2020, the data from all over the world is not exactly storing on the centralized server, like Ali Cloud, Amazon Cloud and Google Cloud, which means the time of decentralized computing is coming. The decentralized storage represented by IPFS will expand the traditional centralized storage market. We are optimistic about IPFS and are going to develop Decentralized market. RRMine, XnMatrix's Eco-partner, is ranked among the top places, according to the Filecoin Test, in the fields of mining machine, mine filed, technical investment and IPFS computing power eco-system globalization after multi-round of tests.
Three Challenges for Mass Data
Cost
The data storage volume of the world is around 3*ZB which is as much as 300*P. As data doubles each year, if the cost cannot be lowered, it would be a challenge to keep all our data, and the development of the world will be severely hampered. The storage volume of the world will be 100,000 times as much as that of IPFS network, a huge market space. Miners have invested approximately 5-10 billion capital in the IPFS market, the challenge of the storage cost is the driving force for the occurrence and success of the IPFS.
Data Privacy and Security
Data security is a global problem while IPFS a great solution to it. A part of commercial data will store up on the centralized storage while the personal and private data will be kept on a more open and more secure storage--the decentralized data storage.
The liquidity of Data Asset
Data is the future gold, blood and petroleum. Data interaction will generate value, the users' data of all the network companies will go through second liquidation. For instance, we see an article, the relevant ads will pop out everywhere. Today's headlines is doing a great job on this point. Technically, the so-called big data engine is taking advantage of the data without the consents of the users. So the data itself is a kind of asset, and asset liquidates.
Centralization has its advantages in this world, so has decentralization its logics. As the occurrences of the new production factors, such as IPFS, BTC, ETH, the new terminals come up as well, including the robots of next-generation whose data collection, storage, interactive capabilities are 10 times as much as the data sampling capability of the mobile phone. The storage, utility, interaction, liquidation of these data will overturn the present situation and can make difference to the world. The new platform and system will be coming up as well.
Therefore, the decentralized world is the a world of computing, a world of storage, and world is coming.
Intelligent Civilization, Digitalizing Humankind
The defined digital civilization is a diversified computing power. After the year of 2015, the development of AI has been making changes to the whole computing. From Moore's law to AI, awareness computing, cognition computing, sport intellect, intelligent hardware is everywhere. Endless data take part in computing, a QR code can record all the places you have been.
Story continues
So, including IPFS decentralized storage, decentralized finance, the mining machines, storage, robotic hardware, we can see that this world is taken place and deconstructed by AI. This the future of the intelligent civilization. Each person is being digitalized. In the digital time, storage and computing matter the most. This is the greatness of IPFS. We hope, by virtue of XnMatrix platform, to integrate these great computing power, and platform together so as to benefit more people.
When there is the sun, there is the moon; when there is darkness, there is brightness; when there is federal system, there is centralization system; therefore, the centralization and decentralization well co-exist in the future. We have Ali Cloud, Google, Amazon in the centralized world that construct the foundation of WEB2.0
The decentralized computing and storage will be the footstone for the new civilization of human AI
The market of decentralized cloud computing has exceeded 10billion USD in 2019, and it is expected to exceed 15billion USD this year. BTC has made changes to the underlying credit which is also the underlying system of the finance credit, ETH intelligent contract has altered the upper financing service. Next, more applications be put in use. This is where IPFS comes up, the decentralized storage and decentralized computing will co-construct the foundation of the next web. With boinc as the representation of decentralized computing, decentralized storage amounts to IPFS plus Filecoin, they are the core foundation of the whole future social digitalized operation.
Apart from the underlying infrastructure, there are upper applications. The future App store will no longer be App store or the Google App store, instead, the store featured with computing and AI interaction will be taking place which is a store only for the computing interaction. On top of the applications, there will be practical applications like IPFS computing power, Defi service, and robots. The Logic of date storage, interaction, privacy security will be reconstructed based on decentralized computing.
The time of AI is coming, computing power will become energy and storage the soil. All the eco-systems will establish a brand new digital civilized forest. XnMatrix builds a global decentralized cloud computing platform to embrace the challenges in the time of AI and big data by security and trust.
CONTACT:
Company: XnMatrixWebsite: xnmatrixs.comContact: Amy Zhang1 (321) 800-3487Email: pr@xnmatrixs.com
SOURCE: XnMatrix
View source version on accesswire.com: https://www.accesswire.com/601166/Mr-Wu-Wenjie-Chairman-of-XnMatrix-Decentralized-Storage-and-Computing-are-the-Footstone-for-Digital-Civilization-of-Humankind
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Mr. Wu Wenjie-Chairman of XnMatrix: Decentralized Storage and Computing are the Footstone for Digital Civilization of Humankind - Yahoo Finance
Global and Asia Pacific Cloud Computing in Education Market to Witness Huge Growth by 2020 Top Players included in report Adobe Systems, Cisco…
Global Cloud Computing in Education Market analysis 2015-2027, is a research report that has been compiled by studying and understanding all the factors that impact the market in a positive as well as negative manner. Some of the prime factors taken into consideration are: various rudiments driving the market, future opportunities, restraints, regional analysis, various types & applications, Covid-19 impact analysis and key market players of the Cloud Computing in Education market. nicolas.shaw@cognitivemarketresearch.com or call us on +1-312-376-8303.
Download Report from: https://cognitivemarketresearch.com/machinery-%26-equipment/cloud-computing-in-education-market-report
Global Cloud Computing in Education Market: Product analysis: Private Cloud, Public Cloud, Hybrid Cloud, Community Cloud
Global Cloud Computing in Education Market: Application analysis: K 12, Higher Education
Major Market Players with an in-depth analysis: Adobe Systems, Cisco Systems, IBM Corporation, Oracle Corporation, Microsoft Corporation, NEC Corporation, Netapp, Vmware, Amazon Web Services, Ellucian Company
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The third wave of cloud is cresting – Information Age
With service differentiation, followed by a rise in multi-cloud popularity, over the past ten years, the third wave of cloud is coming, according to Lori MacVittie, principal technical evangelist at F5 Labs
The cloud landscape is set to see further evolution.
There is an ebb and flow to technology cycles, and the same goes for cloud. Weve seen two very strong cycles over the past ten years, and it appears that a third wave is beginning to crest.
In the first wave, organisations sprinted to the cloud, lured by the promise of cost savings and business agility. As cloud adoption grew, providers moved to differentiate through a variety of services and specialties. AWS is definitely an eCommerce powerhouse, perfect for apps that need to integrate into commerce ecosystems. Azure has a lock on traditional and database-driven applications, perfect for supporting applications built with Microsoft technologies and toolsets. Google, meanwhile, remains a developers dream, encouraging experimentation and innovation, and supporting the very latest protocols, platforms, and services.
This ultimately drove a second wave of cloud, resulting in an increased popularity for multi-cloud environments. As each provider catered to slightly different applications, organisations responded by choosing the right cloud for the application. The average enterprise today, according to our research, operates applications in two to six different public cloud environments.
Organisations that have been operating in the cloud for some time now have begun to rebel against its significant operational costs that can drive down profit margins and upset investors. Often referred to as cloud repatriation, we now see that a non-trivial percentage of large enterprises are leading the third wave of cloud out of the public space and back to the data centre and, one assumes, to a private cloud (86.5% of organisations operate one on-premises).
Darren Fields, vice-president, networking EMEA at Citrix, identifies three key challenges separating organisations from successful cloud migration. Read here
At the heart of these waves lies a common concern over costs. Organisations want to maximise return on their investment in applications. As they progress through the phases of digital transformation, the number of applications in the enterprise portfolio are growing, often exponentially. Cost becomes a significant inhibitor to expansion of the digital capabilities demanded by convenience-hungry consumers. Each application must provide a return either in productivity gains or profit.
That cost factor is significant when you begin to examine the enterprise app portfolio and recognise that the majority of applications in service and thus, in the public cloud were not designed to take advantage of the economies of scale innate to the cloud model. The bulk of applications in service today are based on traditional architectures, and not on the more cloud-inspired containerised model.
Applications that are developed using modern architectures are inherently more capable of realising the cost savings promised by cloud computing. Cloud-native architectures focus on the disaggregation of workloads based on business function into smaller, more discrete functions often referred to as microservices and thus are more operationally capable of taking advantage of cloud economies of scale. The consumption of resources at scale of a cloud-native application when compared to a traditional application is significantly lower because only those business functions in demand are scaled, rather than all of them. For example, one large retailer recently told us they replaced 200 siloed and redundant apps with a single microservice that performed the same business function. This decreased complexity, improved reliability, and lowered costs.
Patrick Callaghan, enterprise architect at DataStax, discusses how CIOs and CDOs can manage microservices applications with data. Read here
Additionally, cloud-native architectures are innately more portable between cloud entities, allowing organisations to drive towards a future where cloud arbitrage is real and offers compelling cost savings for those able to harness it. Investing in application services and architectures capable of operating in any environment will ensure a smoother migration from one environment to the next. Relying on a consistent set of application services decoupled or loosely coupled with the underlying infrastructure also eliminates a significant source of cost associated with cloud computing: cloud specific tools, services, and skills.
Consider this theoretical example. Imagine an enterprise has a cloud-native application that was prototyped in AWS. The developers incorporated AWS application services like load balancing, web application firewalling (WAF), and Kubernetes Ingress. The app is successful, so it is turned on, and begins serving live traffic and customers. Then, as the app grows in functionality, the company realises that part of it needs to be deployed in Azure. This same app still requires load balancing, WAF, and Kubernetes, so developer and DevOps teams must dedicate time to deploy, configure, and maintain those Azure-specific services. At this point, the enterprise has experienced the first two waves of cloud adoption moving to the cloud for agility and then going multi-cloud. Now imagine the company has built up familiarity and expertise around managing cloud-native apps. The economics favour bringing the app on-prem, either partially or entirely. The company is in the third wave of cloud adoption, and needs yet another round of deployment, configuration, and maintenance of its on-prem app services.
This month, Information Age has been exploring DevOps: the practice that combines software development and IT operations to speed up the delivery lifecycle, while improving quality. Here, we provide the ultimate guide. Read here
Cloud providers will no doubt respond to this third wave with compelling services and ecosystem advantages that will draw enterprises to redeploy in public cloud again, kicking off a fourth wave of cloud adoption.
Ultimately, almost every organisation operates in an accidental multi-cloud model. We expect the trend of cloud repatriation will only accelerate this phenomenon. A better approach than all or nothing is a strategic one that invests in the right application services to enable a best cloud for the business choice in the future.
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The third wave of cloud is cresting - Information Age