Category Archives: Cloud Computing
Real Estate Weekly: Digital Realty Becomes A Cloud Computing … – Seeking Alpha
Weekly Review
The REIT ETF indexes (VNQ and IYR) finished the week lower by 0.3% as the 10-year yield climbed 7bps following the UK elections. The S&P 500 (NYSEARCA:SPY) gained 0.3%. The homebuilder ETFs (XHB and ITB) were lower by 1.0% on the week. The commercial construction ETF (NYSEARCA:PKB) gained 0.2%.
(Hoya Capital Real Estate, Performance as of 12pm Friday)
Across other areas of the real estate sector, mortgage REITs (NYSEARCA:REM) finished the week higher by 0.5% and the international real estate ETF (NASDAQ:VNQI) declined 0.6%. The 10-Year Treasury yield (NYSEARCA:IEF) gained 7 bps on the week, recovering from YTD low yields earlier this week.
REITs are now higher by 0.8% YTD on a price-basis and higher by roughly 3% on a total-return basis. The sector divergences are quite significant: the Data Center sector has surged 24% while the retail-focused REITs have fallen double-digits. REITs ended 2016 with a total return of roughly 9%, lower than its 20-year average annual return of 12%.
REITWeek Recap
This week was NAREIT's annual REITWeek conference in New York City, the biggest industry conference of the year. We listened to about 25 presentations across all the major REIT sectors.
We came away with a slightly more positive outlook on the REIT sector as a whole. Retail REITs were unquestionably the major focus for many investors. The bifurcation between high-quality and low-quality retail space has intensified. High quality retail space in desirable locations continue to perform very well and, in many cases, the apparel downsizing has actually been a net positive as the vacated space has been put to more productive and higher-traffic uses. We detailed our judgments in "Short Squeeze May Send Mall REITs Surging."
We also published, "Obamacare Uncertainty Remains A Drag On Healthcare REITs," our update on the Healthcare REIT sector. We discussed that healthcare REITs have outperformed over the past quarter, but this outperformance is entirely attributable to plunging interest rates. Healthcare REITs are up 8% as the 10-year yield fell 45bps. Hospitals and skilled nursing REITs, the sub-sectors most exposed to changes in healthcare policy, continue to trade at substantial discounts as Obamacare crumbles and its replacement appears politically infeasible. While much of the media focus is on drug prices, labor costs are the true drivers of healthcare inflation. This is a structural allocation-of-resources issue within the American education system.
Finally, we also published our Net Lease update, "Retail Contagion Continues To Trouble Net Lease REITs" where we discussed that despite the significant decline in interest rates over the past quarter, net lease REITs have badly underperformed the broader REIT indexes, a worrying development for the sector. Net lease REITs are the most yield-sensitive REIT sector, but these REITs have not acted as bond-proxies so far this year. Investors have been rudely reminded of the significant retail exposures of these names. Credit issues with key tenants at Spirit Capital has dragged down the entire Net Lease sector. More than other REIT sectors, net lease REITs depend on their cost of capital advantage for acquisition-fueled growth. Spirit's credit issues may have meaningfully impaired the sector's competitive advantage.
Arguably the most significant piece of REIT news this week actually came after the conference, as Digital Realty (NYSE:DLR) announced a merger with DuPont Fabros (NYSE:DFT) to form a data center giant that appears more fortified to go head-to-head with the public cloud providers, Google (NASDAQ:GOOG) and Amazon (NASDAQ:AMZN). While demand has continued to be robust and outstripping supply, pricing power has been a concern among investors as companies have increasingly utilized public cloud solutions rather than using their own server racks in the data center. In many cases, both the public and private cloud are both located in these REIT data centers, but the rent per megawatt is lower when, for example, Amazon is the tenant rather than an individual mid-sized company. We think consolidation is the right move. We will write a full report on it early next week.
The six best performing REITs on the week were Dupont Fabros , LaSalle Hotels (NYSE:LHO), Diamondrock (NYSE:DRH), Pebblebrook (NYSE:PEB), Sunstone (NYSE:SHO), and CoreSite (NYSE:COR).
The six worst performers on the week were Care Capital (NYSE:CCP), National Retail Properties (NYSE:NNN), Store Capital (NYSE:STOR), Realty Income (NYSE:O), Digital Realty , and CubeSmart (NYSE:CUBE).
Economic Data
Every week, we like to dive deeper into the economic data that directly impacts real estate.
(Hoya Capital Real Estate, HousingWire)
Home Prices Continue To Rise As Mortgage Rates Continue To Fall
Core Logic's Home Price Index showed a 6.9% YoY rise in home prices in April, a slight deceleration from the 7.1% YoY rise in March."Mortgage rates in April dipped back to their lowest level since November of last year, spurring home-buying activity," said Dr. Frank Nothaft, chief economist for CoreLogic. "In some metro areas, there has been a bidding frenzy as multiple contracts are placed on a single home. This has led home-price growth to outpace rent gains. Nationally, home prices were up 6.9 percent over the last year, while rent growth for single-family rental homes recorded a 3 percent rise through April, according to the CoreLogic Single-Family Rental Index."
Zillow's April Case-Shiller forecast sees a 5.6% rise in home prices for April. Home price appreciation has reaccelerated in recent months after showing signs of slowing in early 2017 as mortgage rates shot up nearly 100bps from the summer 2016 lows. All else equal, lower mortgage rates lead to higher home prices.
Bottom Line
REITs fell 0.3% on the week as the 10-year yield climbed 10 bps. Hotels and retail REITs were the best performers. This week was the annual REITWeek conference in NYC. We came away with a more positive outlook on the REIT sector as a whole, especially the higher quality retail space.
Apartments and hotels have been upside surprises this year and have defied the headwinds from higher supply. Demand has been robust in both sectors and has largely offset higher supply. Digital Realty will merge with DuPont Fabros to form the largest data center REIT. Consolidation will allow these REITs to command better pricing power with the public cloud providers.
Please add your comments if you have additional insight or opinions. We encourage readers to follow our Seeking Alpha page (click "Follow" at the top) to continue to stay up to date on our REIT rankings, weekly recaps, and analysis on the REIT and broader real estate sector.
Disclosure: I am/we are long VNQ, SPY, CCP, COR, DLR, CUBE, SHO.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: All of our research is for educational purpose only, always provided free of charge exclusively on Seeking Alpha. Recommendations and commentary are purely theoretical and not intended as investment advice. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. For investment advice, consult your financial advisor.
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Real Estate Weekly: Digital Realty Becomes A Cloud Computing ... - Seeking Alpha
Alphabet CFO: Acquisition Strategy Focused on Cloud Computing – Edgy Labs (blog)
It appears CFOs at Alphabet (Googles parent company) are responding positively to predictions of big name market forecasters (like Garner andForrester).
In this article, Edgy Labs covers how and why cloud computing continues to shape IIoT and the future of the tech industry itself.
As we discussed last week, the technologies we currently rely on are becoming more and more affiliated with data collection, storage, and exchange. With the announcements from Googles Marketing Next 2017 and Apples WWDC 2017 keynote conferences it appears tech will continue to be vitally connected to the IoT world.
The short answer is: to catch up with Amazon and Microsoft.
The current market is being driven by IIoT predictors (read: Cloud platforms). Apparently: connecting your payment services, personal documents, pictures, and music into the same service makes it extraordinarily difficult to switch cloud providers.
The result? Most customers simply stick to the brand of cloud they use first.
However, Garner reports that worldwide public cloud services market is projected to grow 18 percent in 2017 to a total of $246.8 billion.
In order to capture the momentum of cloud computing Google has taken part in a rigorous series of mergers as part of a larger plan to incorporate third party developments as needs of software design shifts.
The main thing that weve said is that the primary use for that [pile of cash] is organic growth and acquisition growth. We look at acquisitions all the time. Weve done some really important ones for us YouTube and DoubleClick and others came to us through acquisition. But we have a high bar. The acquisitions that weve talked about really in particular fill in holes in cloud and thats been really valuable, says Googles CFO Ruth Porat.
Watch the full Code Conference interview with Ruth Porat and Kara Swisher:
2013: Talaria Technologies, Michael Avalon2014: Stackdriver, Zync Render2015: bebop (drone technology)2016: Anvato (cloud-based video services); Orbitera; Apigee (API and predictive analysis)2017: Kaggle
Since 2016, Google has has three primary focuses when coming to mergers and acquisitions of startup research.
List of mergers and acquisitions by Alphabet
Cloud technologies that store personal data will be integral both tounderstanding big data and giving customers a highly individualized experience.
Content creation and independent contracting seem to be overtaking the digital market.
As Strategy& suggests, one reason for this is that [the internet] has democratized access to creation and distribution tools, and blurred the boundaries between professional and amateur content in the creative sector.
What does this mean for the future of jobs?
In a world without work: some fear that automatization and information sharing will lead to an undesirable social transformation. Others report that by 2050 there will be a new class of not just unemployed, but unemployable people.
However, as demonstrated in a new report by Nesta, research shows that the hardest functions for AI to perform are not physical labor or logistics but creative content creation and design (read: artists, architects, web designers, IT specialists and public relations professionals).
For now, it seems IIoT interfacing will support this growing trend and continue to provide lifelong learners with the opportunity to explore and develop their creative skills in a wide variety of mediums (VR world building, 3D app building, etc).
Link:
Alphabet CFO: Acquisition Strategy Focused on Cloud Computing - Edgy Labs (blog)
How Amazon is helping veterans find jobs in cloud computing – Marketplace.org
ByMolly Wood and Clare Toeniskoetter
June 08, 2017 | 4:49 AM
Youve probably heard by now: the tech industry is in need of talent. Some companies are looking to veterans of the military to fill those roles.
Amazon has partnered with the Department of Labor, creating the Amazon Veterans Apprenticeship Program. Veterans enrolled in the 16-week program train for positions in cloud computing.
Ardine Williams is vice president of talent acquisition for Amazon Web Services, and she's also a veteran herself. Williams spoke with Marketplace's Molly Wood about the difficulties of finding a civilian job, and Amazon's efforts to help.Below is an edited excerpt of their conversation.
Ardine Williams:The challenge that people have on the tech side is, in many cases, the technology that they've been working with doesn't change as quickly in the military as it does in the civilian sector, and so helping veterans who are a good fit culturally and have good basic technical skills learn that next, more state of the art capability is really what helps bridge them into a role in tech, and then open up other career opportunities.
Molly Wood:What other things about the transition might be hard for veterans coming into the private sector, Amazon in particular?
Williams:You have to be willing to take a stand and say this is what I want to do. We have thousands of job openings at Amazon and I get contacted regularly by veterans who say "I'm really a capable leader and I can do just about anything." And I don't have any jobs like that. I need someone to come and say "Hey, these are three jobs that are a great fit for me" and "I want to be a project manager in supply chain." It's a very different experience in the military where you have a branch officer or someone the career side saying, "Hey Ardine, we're going to send you to Fort X and you're going to do Y."
Wood: The tech industry takes a lot ofcriticism for being in a bubble in a lot of ways. Do you think that hiring from the military, creating a pathway for veterans, could improve the sort of pipeline problem that the tech industry often cites in terms of improving diversity? Or is the military its own bubble?
Williams:While it's imperfect, the military is a relatively good snapshot demographically of the U.S., not geographically perfect, but from a demographic perspective if you look at gender and ethnicity. So in that regard, it's a very valuable pipeline for any industry.
Wood:How will you know if you've succeeded?
Williams: The first piece for me is "are they successful, are we actually able to bring people in?" and then, "can we scale it, can I grow it to be a very robust pipeline?" So late last year, we worked with the Department of Labor to build an apprenticeship program and we're running a number of cohorts this year in different locations. And success to me will be that we have a great graduation rate from those programs and that those graduates go on to roles that continue to increase in responsibility at Amazon.
You can listen to the full interview by clicking the audio player above.
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How Amazon is helping veterans find jobs in cloud computing - Marketplace.org
3 Things You Should Know About Cloud Computing Right Now – Fortune
It is no understatement to say that public cloud computing is revolutionizing how technology is used. Executives from the top three public cloud providersAmazon Web Services, Microsoft Azure, and Google Cloud Platformspoke at the GeekWire Cloud Tech Summit in Bellevue, Wash. this week.
Here are three lessons you need to learn now.
Microsoft ( msft ) and Amazon are courting major software companies to run their operations on their respective clouds, and manyTableau ( data ) , Salesforce ( crm ) , Workday ( wday ) are doing so.
"We want to win both big customers and the software companies selling to those customers," Scott Guthrie, Microsoft's executive vice president of cloud and enterprise, said at the conference.
Related: Welcome to the Era of Great Data Center Consolidation
The problem is that the major cloud providers offer more than basic computing, networking, and storage building blocks. They are adding more capabilities that compete with software companies they are courting.
For example, while SAP ( sap ) financial software runs on Microsoft Azure public cloud, SAP also competes with Microsoft Dynamics applications. As Guthrie noted: "If we overlap in places, we have to do that in disciplined ways." Guthrie, who manages both Azure cloud and financial software that competes with SAP, added: "I see SAP as both a competitor and a partner, but we're able to manage that well."
This is dj vu for Microsoft. Years ago as the company built its Windows franchise, it wanted other software companies to move Microsoft products, which ran on the older DOS operating system. But even as the Windows team pushed third-parties like Lotus Development Corp., then a leader in DOS spreadsheet software, to move to Windows, Microsoft was building its own competitive Windows Excel spreadsheet software. This did not work out so well for Lotus, which ended up being acquired by IBM ( ibm ) .
Guthrie told Fortune that Lotus' fate had more to do with that company being late to Windows than any competition from Microsoft's competitive software. In similar fashion, Guthrie said software companies should quickly commit to cloud or risk falling behind.
Amazon Web Services ( amzn ) , the leader in the public cloud market, was born in Seattle approximately 11 years ago . Microsoft, the second largest public cloud company, is based a few miles east in Redmond. And while Google ( goog ) is headquartered in Mountain View, Calif., a good chunk of its cloud development work takes place in the Seattle area. Oracle ( orcl ) also fields much of its nascent cloud work in the area.
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At the conference, Docker's new chief executive Steve Singh said his company will open a significant engineering hub in Seattle or Bellevue soon. Docker, which backs container technology easing the deployment of software that runs in the cloud or in company data centers, is based in San Francisco.
Greg DeMichillie, director of product management for Google Cloud, said that company is constructing a new facility in Seattle's South Lake Union neighborhood to house more Google cloud personnel.
"If you look at the rate at which we are hiring, not just in engineering, our growth here in Seattle is pretty phenomenal, DeMichillie said. Google also has offices in Seattle's Fremont neighborhood.
Fortune 500 companies run lots of decades-old business software, simply patched up and updated over time. Databases, financial accounting systems, and software managing manufacturing tasks all fall into that category. Cloud providers think much of that key business software should move from corporate data centers to the cloudbut such migrations are difficult.
Guthrie, however, said most of Azure's cloud business comes from truly new computing jobs that have never ran in anyone's data center. The Internet of thingsin which billions of connected devices from fitness gadgets to appliances to factory gear in order to gather datais partially responsible for enabling those new scenarios.
"We havent seen a huge lift and shift of existing things until recently," Guthrie said. "I think Amazon would say the same thing. Core IT hasnt been lifting and shifting core workloads until lately."
Related: Microsoft Claims Shipping Giant Maersk as Huge Cloud Win
Brand new computing taskslike German auto giant BMW's connected car work , which brings the driver's smartphone, contacts, calendar into the car itselfcould not happen without a cloud. Projects like this, Guthrie added, are not necessarily driven by traditional IT staff, but by business units at the company.
Brian Nowak, executive director at Morgan Stanley , agreed that much cloud workand revenueis driven by totally new tasks like these.
"Autonomous cars didn't even exist two years ago," Nowak noted. Connected home devices, like Amazon Echo, are also new. The data that these gadgets collect needs to be analyzed in the cloud, he explained, and that is driving the bulk of public cloud business going forward.
Read more:
3 Things You Should Know About Cloud Computing Right Now - Fortune
AWS makes Greengrass generally available to combine local data processing with the cloud – Cloud Tech
Amazon Web Services (AWS) has announced the general availability of Greengrass, which enables users to perform tasks on premise while leveraging the processing, analytics and storage of AWS cloud.
The company added that a variety of customers, including Konecranes, Nokia, and Stanley Black & Decker, are using the product for their Industrial IoT efforts.
As the company puts it, Greengrass extends AWS to devices which can act locally on the data they generate. This explains the Industrial IoT angle; for many industries, such as manufacturing and healthcare, not everything can go into the cloud, nor can new projects be built on brownfield developments.
AWS argues there are three laws as to why local data processing is important; the laws of physics it takes time for data to go to the cloud and networks do not have 100% availability the laws of economics, sending only high-value data to the cloud, and the law of the land, which takes into account data sovereignty restrictions.
In a blog post Werner Vogels, CTO of Amazon.com, outlined the importance of the release. Before AWS Greengrass, device builders often had to choose between the low latency of local execution, and the flexibility, scale, and ease of the cloud, he wrote. AWS Greengrass removes that trade-off manufacturers and OEMS can now build solutions that use the cloud for management, analytics, and durable storage, while keeping critical functionality on-device or nearby.
We see AWS Greengrass as the enabler for a new set of digital services, allowing us to program and deliver software to equipment in a secure manner and without risking operational safety, said Juha Pankakoski, executive vice president of technologies at Konecranes in a statement. This supports well our aim to build the next generation of lifting as the leading technology company in our industry.
Elsewhere, at the inaugural GeekWire Cloud Tech Summit, in Bellevue, Washington, software as a service (SaaS) technology business management provider Apptio said that more than three quarters (76%) of its customers were using AWS compared with 52% on Microsoft, with a rise in Azure usage noted. At the same event, as reported by GeekWire, Scott Guthrie, executive vice president of Microsofts Cloud and Enterprise Group, said that it was pretty much Amazon and us in every single engagement competing for business, although adding the Google, predominantly third in the analyst rankings for cloud infrastructure, was not to be underestimated.
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AWS makes Greengrass generally available to combine local data processing with the cloud - Cloud Tech
MacB to Speak on DoD Secure Cloud Computing at AWS Public Spector Summit – GlobeNewswire (press release)
June 08, 2017 10:30 ET | Source: MacAulay-Brown, Inc.
Dayton, Ohio, June 08, 2017 (GLOBE NEWSWIRE) -- MacAulay-Brown, Inc. (MacB), a leading National Security company delivering advanced engineering services, cybersecurity and product solutions, announced today that John Eubank, Director of Program Management for MacBs Enlighten IT Group (EITG), will speak and participate on a panel on Wednesday, June 14 at the Amazon Web Services (AWS) Public Sector Summit in Washington D.C. He will speak on the topic of How to Deploy a Department of Defense (DoD) Secure Cloud Computing Architecture Environment in AWS. The summit is scheduled from Monday, June 12 through Wednesday, June 14 at the Walter E. Washington Convention Center. Mr. Eubank, an experienced Program Manager with an extensive history of technical project management, financial analysis and contracts management, will participate along with panelist Jim Craggy, Manager of DoD Solutions for AWS, from 2 to 2:50 p.m. in Room 202A.
The AWS Public Sector Summit brings together government, education and nonprofit technology leaders to discuss new cloud computing innovations, techniques and strategies that are changing todays world. The goal is to facilitate connections between attendees, partners, and consultants during the more than 100 planned breakout sessions on topics including Development Operations (DevOps), Big Data, security and compliance, scientific computing, open data and adoption models.
Mr. Eubank and Mr. Craggy will discuss how the DoDs Secure Cloud Computing Architecture (SCCA) guidance provides mission owners with the security requirements needed for building a DoD-compliant and secure application environment in the cloud. They will also review the DoD Cloud Security Requirements Guide and SCCA pillars, as well as how they apply to AWS. MacBs Director of Cloud Engineering, Tim Israel, will also be participating in the three-day conference.
AWS Public Sector Summit participation has grown over the last eight years by leaps and bounds due to the rapid developments in cloud computing, the improvement of global technologies, and the growth of direct access to AWS, said Shawn Justice, Senior Vice President and General Manager of EITG. My team is honored to represent MacB at such a high-profile event with more than 6,500 attendees including global technology experts, keynote speakers, product leaders, industry partners and engineering specialists.
ABOUT ENLIGHTEN IT CONSULTING (EITC), a MACAULAY-BROWN, INC. (MacB) COMPANY Since 2007, EITC has been an innovative provider of advanced and mission critical big data infrastructure, secure cloud engineering, and analytic solutions for federal, state, and local clients with specific emphasis on the warfighter and decision makers responsible for national defense and security. EITC is headquartered in Linthicum Heights, MD. The company was acquired by MacB in December 2016.
ABOUT MACAULAY-BROWN, INC. (MacB)For more than 37 years, MacAulay-Brown, Inc. (MacB) has been solving some of the Nations most complex National Security challenges. Defense, Intelligence Community, Special Operations Forces, Homeland Security and Federal agencies rely on our advanced engineering services, cybersecurity, and product solutions to meet the challenges of an ever-changing world. With Corporate Headquarters in Dayton, Ohio and National Capital Headquarters in Vienna, Virginia, our more than 1,500 employees worldwide are dedicated to developing mission-focused and results-oriented solutions that make a difference where and when it matters most. Learn more about MacB at http://www.macb.com.
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MacB to Speak on DoD Secure Cloud Computing at AWS Public Spector Summit - GlobeNewswire (press release)
Learning in the Sky: Collaborative Robots Embrace Cloud Computing – Machine Design
C2ROis a new innovative startup company that launched in October of 2016 out of the startup incubator TandemLaunch. Its mission is to introduce a new way for robots to collaborate via cloud computing. The C2RO developed a robot-agnostic software platform that streams in real-time data processing to provide cloud server-based artificial intelligence (AI) -enabled software solutions. This helps the robots by augmenting their perception and collaboration capabilities.
The software increases the intelligence and autonomy of the robots. It enables collaboration between several different robots to perform complex tasks. The robots connect via the software and their sensor data processes in real time in the cloud. This increases the way robots share knowledge, work in a joined network, enhance their sensor perception, and even helps robots that have limited sensing and computational resources.
[C2RO has] developed a software platform that connects robots in the cloudand processes their sensor data in real timein a secure and reliable manner, said Soodeh Farokhi, the companys founder and technology lead, who holds a Ph.D. in cloud computing. Using our software-only solution, robots can share knowledge using the latest advancements in artificial intelligence and computer vision algorithms.
The C2RO platform uses the machine learning and vision systems of robot one to help teach other robots via its cloud connected software platform.
Cloud robotics was coined in 2010 to describe network-connected robots using parallel computation and data sharing. The interconnection with other computer hardware and environments enable data sharing, and these environments are customizable based on customers needs. Connecting robots to the cloud dramatically enhances their efficiency and capabilities because it opens up possibilities for collaboration and collective learning.
C2RO offers a Multi-Robot Collaboration module, which connects multiple robots (regardless of type or manufacturer) so they can work together. There are two main benefits to collaboration: efficiency, such as when multiple robot vacuums are used to clean a large area; and complementary sensing, such as when drones and land robots combine their sensors and viewing angles in a search-and-rescue scenario.
Connected robots also tend to be lighter and cheaper, since they do not require expensive processors or memory localized on board the robot. Inexpensive robots can be made smarter with C2ROs product because intensive processing and computation is partially offloaded onto the cloud platform, which can process the data in real time due to our patent-pending technology.
Speaking with Farokhi, engineers will see benefits from working in the cloud. Programming robots becomes an easier task, even for those without expertise in machine learning or software engineering, because all of the modules have been pre-programmed into the cloud as a software-only solution. According to Farokhi, All the user has to do is install a package on his/her robot, and the platform has a dashboard that acts like an app store or marketplace in a way that the user can choose the modules they want for a monthly, subscription-based fee for each module per robot.
Cloud-based robotic networks can be measured by its response timethe total time it takes from when a request is made by a user until a response is received. Response time is in turn determined by two factors: latency and processing time. Processing time is the amount of time a system takes to process a given request, while latency is the delay incurred in communicating a message.
Soodeh Farokhi
According to Farokhi, the C2RO platform tackles the twin problems of processing time and latency. We have brought down the processing time of any request to mere milliseconds using our parallel computing technology, he explained, and to address latency, we have partnered with PubNuba telecommunication providerproviding a speedy connection, heighten security, and less network delays. PubNub is a data stream network company headquarter in San Francisco.
C2RO has also collaborated with Indiana Universitys School of Informatics and Computing. Professor Geoffrey Fox serves as a technical advisor for the company. With regard to C2ROs software platform, It will allow my cuddly robot, vacuum cleaner, high-speed lawnmowers, and even any smart home devices to share backend services and generate new ideas by linking their data together, Fox said. Our intelligent systems engineering department is uniquely positioned to support C2RO.
C2RO is currently signing up users for its beta release.
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Learning in the Sky: Collaborative Robots Embrace Cloud Computing - Machine Design
Best Practices To Manage Your Hybrid Cloud – Forbes
Forbes | Best Practices To Manage Your Hybrid Cloud Forbes In the case of cloud computing, a plethora of options is available to IT network teams for how they use infrastructure in private clouds, public clouds, and on-premise data centers and connect enterprise applications running in these environments. With ... |
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Best Practices To Manage Your Hybrid Cloud - Forbes
Workday Phenomenon Goes Global As Cloud Computing Goes Mainstream – Forbes
Forbes | Workday Phenomenon Goes Global As Cloud Computing Goes Mainstream Forbes (Note: After an award-winning career in the media business covering the tech industry, Bob Evans was VP of Strategic Communications at SAP in 2011, and Chief Communications Officer at Oracle from 2012 to 2016. He now runs his own firm, Evans Strategic ... |
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Workday Phenomenon Goes Global As Cloud Computing Goes Mainstream - Forbes
CloudCheckr, cloud computing company expects rapid growth in Rochester – WXXI News
A local high tech company is expanding in Rochester, and they have big plans for future growth.
The company is called CloudCheckr, and they provide cloud computing services for various businesses.
Its CEO and co-founder Aaron Newman says they currently employ more than 100 people, about 75 in Rochester, and that number should double in a year.
In five years, Newman says the expectation is they can grow to about a thousand employees at their locations around the world, with many of those jobs located in Rochester where they have their headquarters. They are expanding at Village Gate.
Newman says one reason CloudCheckr wants to keep its headquarters in Rochester is because of the access they have to good talent.
Specifically around kind of the high tech space that RIT is just so great at, providing talented individuals and thats people that are coming fresh out of school."
Newman says the relatively low cost of living and easier commute compared to large cities is another reason his company is able to attract good talent.
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CloudCheckr, cloud computing company expects rapid growth in Rochester - WXXI News