Category Archives: Cloud Computing
10 ETFs Crushing the Market to Start 2020 – Nasdaq
Wall Street extended its decade-long bull run to start the New Year with the major indices hitting new all-time highs. In fact, the Dow Jones crossed the 29,000 milestone while the S&P 500 breached the 3,300 level (read: Dow Hits 29,000 Again: 5 Stocks Driving the ETF).
The latest rally was powered by signing of the U.S.-China phase 1 trade deal and Q4 earnings optimism. Additionally, the Feds accommodative interest rate policy and a resilient domestic economy have been driving stocks higher. Lower interest rates will keep borrowing costs down, thereby resulting in higher consumer spending and an upswing in economic activities. The U.S. economy has been witnessing steady growth backed by a strong job market, a recovering housing market and higher consumer confidence.
Further, a technology surge is adding to the strength. Though Middle East tensions resulted in some volatility in early 2020, it has abated for now.
While there have been winners in many corners of the space, several ETFs have easily crushed the market by wide margins this year. Below, we have presented a bunch of top-performing ETFs to start 2020 that are likely to continue outperforming, should the trends prevail.
Global X Cannabis ETF POTX Up 12%
This ETF seeks to invest in companies across the cannabis industry and tracks the Cannabis Index. It holds 26 stocks in its basket with Canadian firms accounting for 81.7% of assets while the United States takes 10.3% share. The product has accumulated $8.3 million in its asset base within four months of debut and has expense ratio of 0.50% (read: Cannabis ETFs Are Soaring in 2020: Will the Trend Continue?).
Invesco WilderHill Clean Energy ETF PBW Up 10.1%
This product provides exposure to 39 U.S. companies engaged in the business of advancement of cleaner energy and conservation. It has AUM of $258.1 million and charges 70 bps in fees per year from investors (read: ESG ETFs: Doing Well And Doing Good).
Global X Cybersecurity ETF BUG Up 9.8%
This ETF seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is development and management of security protocol, preventing intrusion and attacks to systems, networks, applications, computers and mobile devices. This can be easily done by the Indxx Cybersecurity Index. Holding 31 securities in its basket, BUG has amassed $2.7 million in its asset base and charges 50 bps in annual fees.
ARK Web x.0 ETF ARKW Up 9.5%
This is an actively managed fund focusing on companies that are expected to benefit from the shift in technology infrastructure to the cloud, enabling mobile, new and local services. The fund holds 43 stocks in its basket. It has amassed $453.7 million in its asset base and its expense ratio is 0.75%.
Global X Cloud Computing ETF CLOU Up 9.4%
This ETF has accumulated around $470 million in its asset base since its debut on Apr 12, 2019. It seeks to invest in companies positioned to benefit from the increased adoption of cloud computing technology, including companies whose principal business is in offering computing Software-as-a-Service, Platform-as-a-Service, Infrastructure-as-a-Service, managed server storage space and data center real estate investment trusts, and/or cloud and edge computing infrastructure and hardware. The fund tracks the Indxx Global Cloud Computing Index, holding 37 securities in its basket. It charges 68 bps in annual fees (read: 5 Hot ETF Themes for 2020).
SPDR FactSet Innovative Technology ETF XITK Up 9.4%
With AUM of $69.9 million, this fund seeks to provide exposure to companies with robust revenue growth that may provide leading-edge products and services. It follows the FactSet Innovative Technology Index and holds 99 stocks in its basket. The product has an expense ratio of 0.45%.
OShares Global Internet Giants ETF OGIG Up 9.3%
The fund invests in some of the largest global companies that derive most of their revenues from the Internet and e-commerce sectors that exhibit quality and growth potential by tracking the OShares Global Internet Giants Index. It holds a basket of 71 stocks and charges 48 bps in annual fees. OGIG has been able to attract $49.8 million in its asset base.
Global X Lithium & Battery Tech ETF LIT Up 9.2%
The product invests in the full lithium cycle, from mining and refining the metal, through battery production by tracking the Solactive Global Lithium Index. Holding 40 securities in its basket, it has amassed $533.3 million in AUM and charges 75 bps in annual fees from investors.
Invesco Solar ETF TAN Up 8.5%
This ETF offers global exposure to solar stocks by tracking the MAC Global Solar Energy Index. U.S. firms dominate the funds portfolio with nearly 45.6% share, followed by China (23.3%) and Germany (8.1%). The product has amassed $505.3 million in its asset base and charges investors 71 bps in fees per year. It has a Zacks ETF Rank #2 (Buy) (read: Best ETFs to Combat Climate Change).
Global X Social Media Index ETF SOCL Up 8.2%
With AUM of $139.8 million, this ETF provides investors access to social media companies around the world. It tracks the Solactive Social Media Total Return Index, holding 43 securities in the basket. The ETF charges 0.65% in annual fees and has a Zacks ETF Rank #3 (Hold) with a High risk outlook.
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ARK Next Generation Internet ETF (ARKW): ETF Research Reports
Global X Lithium & Battery Tech ETF (LIT): ETF Research Reports
Global X Social Media ETF (SOCL): ETF Research Reports
SPDR FactSet Innovative Technology ETF (XITK): ETF Research Reports
Invesco WilderHill Clean Energy ETF (PBW): ETF Research Reports
Invesco Solar ETF (TAN): ETF Research Reports
GLBL-X CYBRSEC (BUG): ETF Research Reports
Global X Cloud Computing ETF (CLOU): ETF Research Reports
Global X Cannabis ETF (POTX): ETF Research Reports
OShares Global Internet Giants ETF (OGIG): ETF Research Reports
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10 ETFs Crushing the Market to Start 2020 - Nasdaq
Wall Street expects gains for Alphabet and the rest of the $1 trillion gang to slow from here – CNBC
Tim Cook at the Apple launch event in Cupertino Calif. on Sept. 10th, 2019.
Source: Apple
There are now three U.S. stocks with a market capitalization above $1 trillion but, judging by the average view on Wall Street, none of these stocks will climb much farther this year.
Apple, Microsoft and Alphabet are all now in the $1 trillion club, thanks to the latter joining on Thursday. But the average Wall Street estimate shows an expectation for meager to no returns in the next 12 months, according to FactSet. The consensus view is that Apple will drop 8.2%, Microsoft will rise 3% and Alphabet will gain 4.5% in the next one year.
Analysts are normally very bullish on most of the stocks they cover. But Wall Street's more tepid view comes after each of the stocks have had excellent and in the case of Apple, spectacular run-ups in the past year. In 12 months, Apple is up 102%, Microsoft is up 57% and Alphabet is up 33%. The strong gains of the tech giants also means they dominate the stock market: Combined with Amazon and Facebook, the five companies now make up 18% of the total market value of the S&P 500, according to Morgan Stanley. That's unprecedented, as its the highest percentage in history, the firm said.
Apple shares have doubled in value in the past year, putting the stock "at its highest relative multiple in a decade," Bernstein analyst Toni Sacconaghi said in a Jan. 10 note.
"We see risk-reward on Apple as balanced," Sacconaghi said.
A few analysts are still bullish on Apple's prospects this year, such as Morgan Stanley's Katy Huberty. She thinks the stock is set to climb further, saying "Apple has proven less earnings dependency on iPhone with the success of Services and Wearables which now make up 27% of revenue and 37% of profits."
Microsoft and Alphabet both have a few optimistic analysts still recommending investors buy shares. Two recent notes one from Credit Suisse on Microsoft and the other from UBS on Alphabet both recommended the stocks in part because of the potential of their cloud businesses. Credit Suisse said "Microsoft can reasonably achieve Commercial Cloud revenues of $100 Billion" by fiscal year 2024," while UBS said cloud computing is "an area where GOOG mgmt will continue heavy levels of investment to maintain/build upon recent end market success."
CNBC's Michael Bloom and Yun Li contributed to this report.
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Wall Street expects gains for Alphabet and the rest of the $1 trillion gang to slow from here - CNBC
5 things to know for January 17: Colt, CNet Training, AWS and HPE appointments – Data Economy
As the industrys executives move, Data Economy follows! So with that being said, here is what you need to know to get you up to speed today.
Colt Technology Services has appointed Annette Geuther as its Vice President (VP) of New Business Development, reporting to Keri Gilder, Colts Chief Commercial Officer (CCO).
Geuther joins Colt from ADVA, where she most recently servedas its Senior Vice President Sales Emerging Markets.
Im delighted to be welcoming Annette into the team. AtColt, we pride ourselves on being at the forefront when it comes to new andemerging technologies, and Ive no doubt that Annettes vast knowledge andexperience will help us to continue to innovate and challenge the industrystatus quo, said Keri Gilder, CCO, Colt.
CNet Training appointed two new team members at the companysHQ in Suffolk, UK. New Instructor Andrew Reeves is set to join the team of CNetInstructors who deliver data centre and network infrastructure programs acrossthe globe.
Andy Brisbane has also joined the CNet team as MarketResearcher, and will work alongside the sales and marketing teams to provideinsight into opportunities and to support the company in achieving on-goinggrowth opportunities.
Former VP strategic portfolio manager for Deutsche Telekom AxelClauberg has left the company to join Amazon Web Services (AWS).
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AWS appointed Clauberg as a Solutions Architects Leader.Prior to T-Systems International, Clauberg worked at Cisco Systems for 13 yearswhere he held various roles including Director, Systems Engineeringm Solutions& Architectures, as well as Director, Systems Engineering, Advanced Technologies.
Hewlett Packard Enterprise (HPE) Singapore has appointedPriscilla Chong as the organisations Managing Director for Singapore.
She started her career at HP as an account manager and waspromoted to various leadership roles. Before joining HP, she was a CreditManager at HSBC Capital, and was responsible for credit and businessdevelopment.
Priscilla is uniquely suited to lead the Singapore team aswe continue to evolve into an edge-to-cloud platform-as-a-service provider,said Narinder Kapoor, APAC Managing Director, HPE.
I look forward to working with her as we continue to growand develop the business in Singapore further.
A recent report by cloud computing firm Nutanix (NASDAQ: NTNX) revealed that the majority of enterprises continue to view hybrid cloud as the ideal IT model, with this approach most firmly established in the UK where hybrid cloud was found to be already in use across 24% of the companies surveyed, compared to an average global uptake of 13%.
Like other countries, the UK figures also showed anunexpected blip in the move away from legacy data centres.
In the UK, hybrid cloud growth continued, showing an 8% rise over the year. There are more hybrid cloud deployments in the UK than any other country except Italy and Brazil.
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5 things to know for January 17: Colt, CNet Training, AWS and HPE appointments - Data Economy
Xanadu Receives $4.4M Investment to Advance its Photonic Quantum Computing Technology – HPCwire
TORONTO,Jan. 16, 2020 Xanadu, a Canadian quantum hardware and technology company has received a$4.4 millioninvestment from Sustainable Development Technology Canada (SDTC). The investment will expedite the development of Xanadus photonic quantum computers and make them available over the cloud. This project will also further the companys overall progress towards the construction of energy-efficient universal quantum computers.
Canadian cleantech entrepreneurs are tackling problems acrossCanadaand in every sector. I have never been more positive about the future. The quantum hardware technology that Xanadu is building will develop quantum computers with the ability to solve extremely challenging computational problems, completing chemical calculations in minutes which would otherwise require a million CPUs in a data center, saidLeah Lawrence, President and CEO, Sustainable Development Technology Canada.
Despite efforts to improve the power efficiency of traditional computing methods, the rapid growth of data centres and cloud computing presents a major source of new electricity consumption. In comparison to classical computing, quantum computing systems have the benefit of performing certain tasks and algorithms at an unprecedented rate. This will ultimately reduce the requirements for electrical power and the accompanying air and water emissions associated with electricity production.
Xanadu is developing a unique type of quantum computer, based on photonic technology, which is inherently more power-efficient than electronics. Xanadus photonic approach uses laser light to carry information through optical chips, rather than the electrons or ions used by their competitors. By using photonic technology, Xanadus quantum computers will one day have the ability to perform calculations at room temperature, and eliminate the bulky and power-hungry cooling systems required by most other types of quantum computers.
The project will be undertaken by Xanadus team of in-house scientists, with collaboration from theUniversity of Torontoand Swiftride. The project will be carried out over three years and will encompass the development of Xanadus architecture, hardware, software and client interfaces with the overall goal of expediting the development of the companys technology, and demonstrating the practical benefits of quantum computing for users and customers by the end of 2022.
We are thrilled by the recognition and support that we are receiving from SDTC for the development of our technology. We firmly believe that our unique, photonic-based approach to quantum computing will deliver both valuable insights and tangible environmental benefits for our customers and partners, said Christian Weedbrook, CEO of Xanadu.
About Xanadu
Xanadu is a photonic quantum hardware company. We build integrated photonic chips that can be used in quantum computing, communication and sensing systems. The companys mission is to build quantum computers that are useful and available to people everywhere, visit http://www.xanadu.aior follow us on Twitter@XanaduAI.
About SDTC
Sustainable Development Technology Canada (SDTC) is a foundation created by the Government ofCanadato advance clean technology innovation inCanada by funding and supporting small and medium-sized enterprises developing and demonstrating clean technology solutions. Follow Sustainable Development Technology Canada on Twitter: @SDTC
Source: Xanadu
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Xanadu Receives $4.4M Investment to Advance its Photonic Quantum Computing Technology - HPCwire
Top 5 Cloud Computing Trends of 2020 – Analytics Insight
Cloud computing was perhaps the most smoking point in innovation and business media all through 2019. This is nothing unexpected as the cloud segment has been developing quickly throughout the last few years. Synergy Research Group recently detailed a 37% by and large development year-over-year in the public cloud. They likewise note that it has taken only two years for the open IaaS and PaaS markets to twofold in size and their conjecture gives them multiplying again within the following three years. As New year starts with goals in our lives, similarly, for the IT business also consistently accompanies a goal in Cloud Computing.
Cloud computing and cloud storage have created crucial exposure and interest around the globe. Each organization needs cloud services in the two structures to keep up their everyday business activities. Organizations understand the most critical advantages to cloud innovation, and in any case, many are confused about its utilization. There is additionally the dread of cloud security at the time; nonetheless, with the expansion of time security layers in storage areas, organizations have gotten increasingly dedicated to utilizing it.
Cloud is scalable, robust, and cost-productive. Cloud innovation is useful for application development, utilizing the cloud for custom application development has demonstrated to be prevalent. We are simply starting to observe the development of this idea into a transformation. Cloud computing changes the manner in which we consider data, the manner in which organizations consider their operations and the manner in which engineers consider building. Lets look at some of the cloud computing trends that will take place in 2020.
As a Part of Cloud computing advancement, serverless computing has seen an ascent in popularity. Serverless computing, with an alert, is an extensive improvement. Not every person is prepared for it. The paradigm of advancing and making conventional innovation needs to go serverless. It redistributes the whole foundation. Its beginning and end apart from the application itself.
The happening of the serverless model, which has a conventional structure that uses a pay as you go system. These programs are truly flexible and enable organizations to have more command over their expenses in cloud hosting.
In 2019, it got dull to state we are going into a multi-cloud world as enterprises began routinely deploying workloads at hand over different Infrastructure-as-a-Service providers.
In any case, as applications become significantly increasingly portable, compute cycles simpler to procure in real-time, data integration platforms streamline connectivity, and vendors form cross-platform alliances, that multi-cloud trend might start looking more like an omni-cloud one in the near future.
When in doubt, the biggest organizations may before long be clients of all the hyperscalers and some niche suppliers for sure, enabling them to exploit progressively differentiated services, explicit deals and maintain a strategic distance from lock-in.
The Hearst Corp., which has more than 360 separate organizations, gives a genuine case of what might be on the horizon. The New York-based media, information and services organization as of late drew in its digital change across Amazon Web Services (AWS), Microsoft Azure and Google Cloud. That omni-cloud approach gives Hearst designers and divisions the best competitive stance in the entirety of their pertinent markets.
There is no uncertainty that in the coming years there will be an improvement in the performance of computers. This is only conceivable on account of hardware advancement through quantum computing. As innovation progresses, so does the need to build effectiveness and computational capacity to fulfill future needs.
Quantum computing will empower computers and servers to process data at a quick pace contrasted with current benchmarks. Since the foundation of cloud computing is based on fast network systems that do get multiplied, cloud computing will play a critical job in expanding computing force and performance. So, the destiny of cloud computing in 2020 is going to shock us.
Companies select the Kubernetes platform best gathering their exceptional operational needs and abilities. That could be a prescriptive solution along with the Red Hat OpenShift model, an under-the-covers implementation from Pivotal, independent distributions of the preferences offered by Docker or Rancher Labs, or local supplier services like Google GKE, Microsoft AKS and AWS EKS.
The container orchestrator frequently then turns into the fabric empowering them to broaden applications across different cloud foundation, delivering on the multi-cloud guarantee. All things considered, Kubernetes isnt simply bringing a destroying ball to cloud hindrances, but at the same time, its making an unusual market dynamic.
The cloud infrastructure software vendor progressively being decoupled from the provider that possesses the buildings that house the server racks is leading to a few contributions that would have been incomprehensible a couple of years back.
Consider Googles Anthos service, which can run as effectively on Amazon Web Services or Microsoft Azure as it can on Google Cloud Platform. Or then coming VMware Tanzu, that jumps off-premises to traverse each one of those hyper-scalers also. The multi-cloud world gives off an impression of being one where client workloads span clouds, however, the cloud providers themselves routinely reach out into rival territory.
The workforce keeps on advancing, and so do the desires for its employees. By 2020, the number of individuals joining the workforce will as of now be proficient in the cloud and its benefits.
These digital natives produce thoughts from various mentalities, talk and think in an unexpected way, and use devices like WhatsApp or Twitter instead of the standard communication tools, for instance, email. The rise of digital natives includes two kinds of challenges: first, these digital natives will undoubtedly get digital workers together with digital factors in their everyday schedule, and furthermore, that organizations wont the older ages evade a similar workforce.
To hold laborers in the second group, practices, for example, reverse-monitoring/guided will turn out to be progressively famous and ordinary as it will incorporate training the older generation to instruct social media tools and present-day communication. Organizations need to limit the gap between cloud computing and other technological progressions and incorporate the two workgroups into one coordinated workforce.
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Top 5 Cloud Computing Trends of 2020 - Analytics Insight
Global Healthcare Cloud Computing Market to Reach $51.9B by 2024 – HITInfrastructure.com
January 02, 2020 -The global healthcare cloud computing market is expected to reach $51.9 billion by 2024, according to a recent Research&Markets report.
The market is projected to increase from $23.4 billion in 2019 at a compound annual growth rate (CAGR) of 17.2 percent during the period, researchers reported. The main growth factors through 2024 will include the increasing adoption of big data analytics, wearable devices, and internet of things (IoT) in healthcare. The market is also slated to grow due to the advantages of cloud usage, such as improved storage, flexibility, and the scalability of data.
Payers and providers will likely move toward more software-as-a-service healthcare cloud computing services to manage the growth in patient data, the report stated. Researchers explained that the healthcare cloud computing market is divided into three service models: software-as-a-service (SaaS), infrastructure-as-a-service (laaS), and platform-as-a-service (PaaS).
The SaaS model is projected to grow at the highest CAGR rate during the period between 2019 and 2024. The SaaS segment offered numerous advantages including security, lower total cost of ownership, faster deployment time, and limited up-front capital expenses. It also had control over the largest share of the healthcare cloud computing market in 2018.
The IaaS model will also see growth through 2024, researchers. The service model is slated to grow at the highest CAGR during the forecast period. Notably, IaaS does not require upfront charges, bandwidth utilization fees, or minimum term commitments, which will result in greater adoption in the coming years, researchers predicted.
Healthcare providers will largely help to boost the healthcare cloud computing market, the report showed. Based on the product, the healthcare cloud computing industry is divided into provider solutions and payer solutions.
The healthcare provider solutions segment accounted for the largest share of the healthcare cloud computing market in 2018, the report showed. The increase in growth can be accredited to a growing population and rising prevalence of diseases. This ultimately leads to an increase in volume of patient data.
Furthermore, during this forecast period, North America is expected to account for the largest share of the global healthcare cloud computing market. This large share is due to the increasing adoption of electronic health records (EHRs) among medical professionals, the approach of government health IT programs, and active participation by private sector players in industrial development.
The increasing implementation of EHR systems leads to enhanced access to care and improve healthcare facility security. And a recent partnership between Google Cloud and Meditech offers one of the first EHR platforms available on Google Cloud.
With easy implementation of cutting edge EHR technologies, the platform further advances cost-effective, rapid, and easy implementation of cutting edge EHR technologies while reducing infrastructure costs and continually providing some of the most advanced technologies available, which is appealing to healthcare organizations of all sizes and scopes, explained Howard Messing, Meditech CEO.
Overall, EHR adoption among medical professions is used to produce greater efficiencies in the healthcare system while delivering greater access to patient data, facilitating interoperability, and enhancing scalability. But the amount of data generated through digital records and other technologies is prompting providers to invest in cloud solutions to securely store the information.
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Global Healthcare Cloud Computing Market to Reach $51.9B by 2024 - HITInfrastructure.com
2020 vision: Synopsys predictions – Gigabit Magazine – Technology News, Magazine and Website
Happy New Year! To kick off 2020, the leadership team at Synopsys share their predictions for the year to come.
Steve Cohen, Security Services Manager at Synopsys:
Focus: Cloud Security
In 2020, I believe well see the accelerated adoption of finer granular objects to drive efficiencies. As developers adopt these finer granular objects within their cloud applications, such as containers, microservices, micro-segmentation, and the like, security testing tools will need to be object aware in order to identify unique risks and vulnerabilities introduced by utilizing these objects.
I anticipate that new approaches to collecting security related data may become necessary in the cloud. In addition to application logs, cloud API access will be seen as necessary. There will also be a growing focus on centralized logging in the upcoming year.
In addition to application security, the cloud management plane will become an additional security layer that needs addressing in 2020. Developers, for example, will require access to the management plane to deploy applications. Incorrect settings here could expose the application to security risks as sensitive information flows through it.
Reduced transparency around whats going on within a given application will likely be a growing trend. A cloud provider doesnt necessarily tell you what security controls exist for the PaaS services they expose to you. Businesses will therefore need to make some assumptions about their security considerations and stance.
In terms of data security and integrity in the cloud, there will be more of a need to have proper policies in place so prevent improper disclosure, alteration or destruction of user data. Policies must factor in the confidentiality, integrity and availability across multiple system interfaces of user data.
In 2020, the adoption of PaaS and serverless architecture will provide even more of an opportunity to dramatically reduce the attack surface within the cloud.
Tim Mackey, Principal Security Strategist at the Synopsys CyRC (Cybersecurity Research Centre):
Focus: General Cybersecurity
Cyber-attacks on 2020 candidates will become more brazen. While attacks on campaign websites have already occurred in past election cycles, targeted attacks on a candidates digital identity and personal devices will mount.
With digital assistants operating in an always listening mode, an embarrassing live mic recording of a public figure will emerge. This recording may not be associated directly with a device owned by the public figure, but rather with them being a third party to the device. For example, the conversation being captured as background noise.
With the high value of healthcare data to cybercriminals and a need for accurate healthcare data for patient care, a blockchain-based health management system will emerge in the US. Such a system could offer the dual value of protecting patient data from tampering while reducing the potential for fraudulent claims being submitted to insurance providers.
Emile Monette, Director of Value Chain Security at Synopsys:
Focus: General Cybersecurity
In the year to come, I anticipate that well see continued developments in software transparency (e.g., NTIA Software Component Transparency efforts). Additionally, a continued need for software testing throughout the software development life cycle (SDLC) will also persist as a focus in 2020most assuredly a positive step in terms of firms understanding the criticality of proactive security maturity. I also have reason to believe well see increased efforts to secure the hardware supply chain, and specifically efforts to develop secure microelectronic design and fabrication will come into focus in the upcoming yearb
Asma Zubair, Sr. Manager, IAST Product Management at Synopsys:
Focus: Endpoint Security
In 2020, we know that attackers will continue to exploit all applications, end-points, and networks they possibly can. This includes, but isnt limited to, web and mobile apps (internal or external), IoT devices in smart homes, and even the 5G network as it is being rolled out. Attackers will also continue to use the latest and greatest technologies (be it in machine learning, AI, or open source components that are freely available) to carry out ever-more sophisticated attacks at even greater scale. At the same time, organizations will continue to struggle as they try to balance competing priorities: the need to improve security, reduce time to market, and complete projects within budget and time constraints.
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As we look to what will change in the year to come, California's SB-327 IoT bill will take effect on Jan 1, 2020 requiring manufacturers to build reasonable security into their connected devices. This is a step in the right direction as it will establish minimum standards and improve security of IoT devices available in the market. I anticipate there will be more legislative activity in 2020, especially in the US. The California Consumer Privacy Act will also take effect on January 1, 2020. I expect more states to follow suit. If done properly, regulations will bring about the accountability needed to improve the overall state of cybersecurity.
We saw several high-profile GDPR-related lawsuits, fines, and settlements in 2019. I wouldnt be at all surprised to see more of these to hit the headlines in the coming year.
Organizations tend to focus a good deal of attention to their end-point protection and network security, and this is indeed very important. But applications, another very critical piece in the overall security puzzle, often dont get as much attention and therefore tend to become a weak link in terms of security. Organizations need to test their applications throughout the development process for security vulnerabilities using methods such as interactive application security testing (IAST), static application security testing (SAST), or dynamic application security testing (DAST). They must also actively work to address the vulnerabilities detected by these testing methods.
Kimm Yeo, Senior Manager at Synopsys:
Focus: Cellular/Wireless
The introduction of wireless broadband communication technologies such as 4G and LTE havent only affected consumer lifestyles. Such technology has also fueled the growth of ride-sharing business models. Although the adoption of LTE has been broad based, with over 600 carriers in 200 countries deployed, and over 3.2 billion subscribers worldwide (as of 2018), the enhanced user experience and convenience hasnt come without a price. Several dozen new security flaws related to LTE have been identified through fuzz testing.
As both cellular and wireless technologies continue to advance to 5G, 6G and beyond, this will not only greatly reduce latency and improve the user experience, it will also open the door to new attack surfaces and attack strategies. Its extremely difficult to anticipate and prevent such malicious advances in the increasingly connected ecosystems and lifestyles in which we all live. However, this is something we should strive to improve upon in the not-so-distant future.
Dennis Kengo Oka, Senior Solution Architect at Synopsys:
Focus: Automotive
There are two major trends emerging. The first is the concept of CASE (connected, autonomous, shared, electric). As technologies such as 5G lead to increased connectivity alongside advances in proprietary and open source software (e.g., Automotive Grade Linux), well see targets move beyond the vehicle. Malicious actors will leverage new, evolving attack vectors in backend systems, mobile apps, infrastructure and services relating to automotive technologies.
The second major trend well see in 2020 is that of standardization and regulations such as ISO/SAE 21434 and UNECE WP.29 driving cybersecurity activities in the automotive industry. This will lead to changes in organizational teams and processes, including the addition of security gates such as static code analysis, open source risk management, fuzz testing, and penetration testing to implement security throughout the entire vehicle life cycle. An increased focus on automated test processes and toolchains will continue to emerge as well in the year to come.
Originally posted here:
2020 vision: Synopsys predictions - Gigabit Magazine - Technology News, Magazine and Website
Managing Cloud Security In A Multicloud Environment (Part 2) – Forbes
As discussed in my last article, to date, most known security incidents in the cloud have been the fault of the customer rather than that of the cloud security provider (CSP). And yet, CSPs often have far more insight into the network configuration and data flows than do their customers. In hiding their security infrastructure behind proprietary configurations, CSPs have a disproportionate information advantage over their own customers.
Customers can help balance the security load with their CSPs by implementing a shared security model and/or implementing their own zero-trust model.
Continuing this thread, let's briefly review common threats to cloud networks. From there, I'll recommend solutions for mitigating these threats and improving your companys security posture.
Common Threats
Among the most common root causes of cloud breaches for both government agencies and commercial companies is misconfiguration (or insufficient security settings).
Often, cloud misconfiguration simply means improper identity access management (IAM) role assignments for various cloud services. The most popular problem in this category has been leaky AWS S3 buckets. AWS is aware of this issue and has since taken measures to better educate its customers about proper S3 bucket configurations.
Another common security threat comes from the use of unsecure application programming interfaces (APIs). APIs can be used by customers to manage and export data from cloud services. However, since they are often built and provided by third-party vendors, they can be a target for potential hackers seeking to gain unauthorized access to a network.
Insider Threats
An additional cause of breaches is an insider threat, both intentional and unintentional.
Often, this is simply a matter of unskilled or negligent employees having cloud accounts without appropriate security controls, which could make accidental configuration errors very damaging. At the other end of insider threat spectrum is the extremely savvy insider who is intent on outsmarting the rest of the enterprise. Even cloud-savvy companies like Capital One have recently suffered due to a hacker posing as an insider intentionally misusing access to the enterprise cloud.
Another important category of common breaches is network misconfigurations on the cloud. Since the cloud largely democratizes the data center, enabling build-out and scaling with the click of a mouse, it comes with its own disadvantages.
It is not safe to assume that everyone handling cloud data has an equal understanding of the network infrastructure. Other common network issues range from exposed servers without secure shell (SSH) or keys and open ports leading to distributed denial of service (DDoS) attacks to misplaced rules on network security groups and misconfigured network access control lists (NACL).
Recommendations
Each cloud adoption model has its own positives and negatives. Even the shared security model can look complex to initiate and maintain in increasingly complex combinations of multicloud, hybrid cloud and open cloud environments.
These issues also present the addressable marketplace with incredible opportunities for new technologies and players.
In the meantime, to avoid costly changes in their risk posture, enterprises may employ a combination of the following four solutions:
1. Zero-Trust Security Approach
The trust nobody baseline applies naturally to cloud computing, as the cloud typically expands the network perimeter to customers doors.
Typically, enterprises end up accessing multiple clouds that lie outside the purview of traditional perimeter-based security. This is where concepts like zero trust come into play, with techniques including microsegmentation, TIC-like single access gateways and identity-aware proxies, and mandated verification of every access request without making identity or location assumptions.
This technology has the potential to reduce attack vectors for the cloud and bring significant transparency to activities in the cloud.
2. Cloud Access Security Brokers (CASBs)
The emergence of CASBs has been a positive sign for overall cloud security; however, the adoption of CASBs has not been very fast. According to the latest Gartner Hype Cycle, CASBs are just entering the trough of disillusionment" (registration required).
In addition, many promising emerging CASBs have been acquired by larger security players and integrated into their product portfolios.
We do not yet know how the CASB market will evolve, but overall, the growth of CASBs has been slower than expected. In the meantime, a select number of cloud service providers, including Microsoft, have started making their own plays in the CASB market.
3. Workforce Training
Most enterprises choose their primary cloud vendor. However, many enterprises then neglect to include workforce retraining as an integral part of the cloud migration plan. While retraining, ensure your employees understand how to integrate and work with multiple cloud vendors rather than focusing on a single vendor.
4. Choosing The Right Partners
Finally, its imperative that companies choose the right partners. Experience matters, particularly in cloud computing, where the ecosystem is evolving rapidly.
Federal agencies seeking to outsource their cloud work should work with experienced cloud services providers and integrators that have broad-based cloud and security experience.
We are entering a brave new world in which enterprises dealing with multiple clouds and security issues are expected to dominate the conversation. To improve cloud security posture in the long run, CSPs should start clarifying and educating their customers about the risks in potential shared security models under the context of multiple vendors.
Read more:
Managing Cloud Security In A Multicloud Environment (Part 2) - Forbes
Global Cloud Computing for Business Operations Market 2019 SWOT Analysis Amazon Web Services, Microsoft Azure – Food & Beverage Herald
In its recently distributed report entitled Global Cloud Computing for Business Operations Market 2019 by Company, Regions, Type and Application, Forecast to 2024, MRInsights.bizhas offered a study on the existing and the future visions of the global Cloud Computing for Business Operations market. The report has given interesting experiences about the global market for the given time frame from 2019 to 2024. The report contains a detailed outline of the market along with market pictures. The report throws light on the current market trends, market status, share, analyze, growth drivers, production, forecast trends, supply, sales, demands, size (value & volume) by key players, type, application, and region. The research study highlights the dominating players in the market along with their market share. The leading key organizations covered for this research are the manufacturer: Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Red Hat, SAP Cloud Platform, Kamatera, VMware, Oracle Cloud, Salesforce Cloud, Cisco Systems, Verizon Cloud, HPE Cloud, ServiceNow, Alibaba Cloud, DigitalOcean, CenturyLink, Workday, CloudSigma, Adobe Cloud,
It further offers a complete data of the various segments in the market. Current and forthcoming opportunities and challenges in the market are identified. The major product type and segments along with the sub-segments of the global market are covered in the report. The studyexplains influential business strategies and approaches, consumption propensity, regulatory policies, and recent moves taken by competitors. The study analysts have explained a comparison between the Cloud Computing for Business Operations market growth rate and product sales, allowing business owners to predict the success or failure of a specific product or service.
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The report is a result of an objective combination of primary and secondary data. Data provided in the form of graphs, tables, numbers, and pie-charts was obtained from secondary sources including magazines, Internet, journals and press releases and then verified and validated after conducting interviews, questionnaires, inspections, and observations of experienced analysts, as well as proven paid sources, news articles, annual reports, trade journals, and company body databases.
By regions, this report splits the global Cloud Computing for Business Operations market into several key regions, with sales, revenue, price, and gross margin market share of top players in these regions, from 2014 to 2024 (forecast), like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In-depth analysis of global market segments by types: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), Recovery as a Service (RaaS)
In-depth analysis of global market segments by applications: Private Cloud, Hybrid Cloud, Others
The Market Research Serves APlatter of The Following Information:
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Moreover, the report determines the manufacturing plants and technical data analysis, capacity, and commercial production date, R&D Status, manufacturing area distribution, technology source, and raw materials sources analysis. The report projects the attractiveness of each major segment over the forecast period. This analysis is useful in understanding the growth areas and probable opportunities in the Cloud Computing for Business Operations market.
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This post was originally published on Food and Beverage Herald
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Global Cloud Computing for Business Operations Market 2019 SWOT Analysis Amazon Web Services, Microsoft Azure - Food & Beverage Herald
Microsoft Stock Soared in 2019. Heres Why It Could Continue to Outperform This Year. – Barron’s
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Were taking a look at all 30 stocks in the Dow, starting with the worst performerWalgreens Boots Allianceand working our way up to the highest-flying stock in the benchmarkApple.
Microsoft keeps on rolling. In 2019, the company continued its transformation from legacy software vendor to cloud giant.
Microsofts (ticker: MSFT) cloud traction is a big reason why its shares have significantly outperformed the market in 2019. The tech giants shares have risen 55% in 2019 amid investor enthusiasm over the companys Azure cloud-computing business and its success in selling software subscriptions such as Office 365.
Cloud computing is one of the rare spending categories that can do well even in a lackluster economic environment. Companies are shifting huge sums of their technology spending to the cloud because it offers better reliability, an easier path to scaling up, and greater cost efficiencies versus traditional on-premises computing equipment.
According to Gartner, Amazon Web Services was number one in public cloud computing services with a 47.8% market share in 2018, followed by Microsoft at 15.5%, and Alibaba Group Holding (BABA) at 7.7%. Alphabets (GOOGL) Google and IBM (IBM) are a distant No. 4 and No. 5, with 4% and 1.8% of the global cloud market, respectively.
But Azure sales grew 59% year-over-year in its most recent quarter, versus a growth rate of 35% for Amazon Web Services. Those data points suggest that Microsoft is gaining ground in the cloud race.
Microsoft is also winning the big deals too. In October, the Defense Department said Microsoft was awarded a cloud-computing contract worth up to $10 billion over 10 years if all options are exercised. Microsoft beat out Amazon Web Services. Analysts are now enthusiastic that Microsofts win could set the stage for a wave of other large deals with enterprises and the government.
In late October, Microsoft crushed earnings expectations for its September quarter, citing its cloud segment. The worlds leading companies are choosing our cloud to build their digital capability, CEO Satya Nadella said in a statement at the time.
As a result, Wall Street analysts are optimistic on Microsoft will outperform again in 2020, with 91% having a Buy or Overweight rating on the company, according to FactSet. The average analyst price target for Microsoft is $164.76.
Write to Tae Kim at tae.kim@barrons.com
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Microsoft Stock Soared in 2019. Heres Why It Could Continue to Outperform This Year. - Barron's