Category Archives: Cloud Computing

Verizon sells cloud services to IBM in ‘unique cooperation between … – Cloud Tech

Verizon has announced it is selling its cloud and managed hosting service to IBM, alongside working with the Armonk giant on a number of strategic initiatives involving networking and cloud services.

This is a unique cooperation between two tech leaders to support global organisations as they look to fully realise the benefits of their cloud computing investments, said George Fischer, SVP and group president of Verizon Enterprise Solutions (VES) in a statement.

Last February, Verizon told customers in an email that it was shutting down any virtual servers running on Public Cloud or Reserved Performance Cloud Spaces on April 12. The company clarified in a statement to CloudTech that it was discontinuing its cloud service that accepts credit card payments, however John Dinsdale, a chief analyst at Synergy Research, saw things differently.

Telcos generally are having to take a back seat on cloud and especially on public cloud services, he told this publication last year. They do not have the focus and the data centre footprint to compete effectively with the hyperscale cloud providers, so they are tending to drop back into subsidiary roles as partners or on-ramps to the leading cloud companies.

How prescient that statement is now. IBM would certainly be classified as one of the hyperscale operators; alongside Amazon Web Services (AWS), Microsoft and Google, the four leading players continue to grow more quickly than the overall market, according to Synergys figures.

Whats more, various links between the two companies means this move makes sense. John Considine, general manager at IBM Cloud Infrastructure Services, was previously CTO of Verizon Terremark. The companies have also partnered on various initiatives, including in the creation of Verizons cognitive customer experience platform, built using IBMs cloud and infrastructure as a service offerings.

Our customers want to improve application performance while streamlining operations and securing information in the cloud, Fischer added. VES is now well positioned to provide those solutions through intelligent networking, managed IT services and business communications.

Verizon said it was notifying affected customers directly, though adding it did not expect any immediate impact to their services. The transaction is expected to close later this year.

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Verizon sells cloud services to IBM in 'unique cooperation between ... - Cloud Tech

Salesforce report argues IT stands at a ‘crossroads of change’ – Cloud Tech

A new report from Salesforce sheds further light on the shifting sands of IT; eight out of 10 UK tech leaders say IT is now the primary enabler of customer experience, while three quarters admit IT is currently undergoing the biggest historical shift of its role.

IT stands at a crossroads of change, a post from Devon McGinnis, editorial manager of marketing research at Salesforce explains. Companies are increasingly adopting customer-centric models. Business units like sales, customer service, and marketing tasked with creating new experiences that meet elevated customer expectations are changing their views to see IT as a strategic partner.

IT now has the opportunity to not only improve customer-facing tech, but to transform it, McGinnis adds.

Its worth noting here that IT teams generally have modest expectations around their abilities. 61% of the more than 2,200 global respondents said they are moderate performers, compared with 24% who thought they were lower than average and 15% who rated themselves as high performers.

Salesforce argues that with the shifting position of IT the department has turned from a cost centre to a value-based service brokerage. The old model of IT as a maintainer of the status quo infrastructure is giving way to a new mindset, in which IT adds innovative capabilities that bring a competitive edge to the business, the report notes.

This is something which has been covered by this publication for some time as well as Salesforce adding that the role of CIO is fundamentally changing to the role of business leader. More than two thirds (67%) of IT teams polled said improving their collaboration with other lines of business was a high priority, while the 15% of teams who were higher performers were significantly more likely to rate the strength of their partnerships with service, marketing and sales as excellent.

Cloud computing was assessed by respondents as the most likely technology to reinvent business by 2020, with artificial intelligence (AI) and mobile technologies for customers winning the silver and bronze medals respectively. More than four in five (83%) IT leaders polled said they felt more comfortable with their knowledge of cloud security than they did five years ago.

Discussing the UK findings in particular, Adam Spearing, Salesforce area vice president EMEA, noted with interest the position of AI. The rise of artificial intelligence will also help IT teams to automate more mundane, time consuming tasks and free up time for team members to focus on innovation, he said.

While much of ITs work happens behind the scenes, its efforts are at the forefront of customer interactions. Without IT as the companys backbone, UK businesses will fall flat on powering crucial customer experience initiatives, added Spearing.

You can download the full report here (registration required).

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Salesforce report argues IT stands at a 'crossroads of change' - Cloud Tech

CLOUD COMPUTING IBM Rolls Out an Automated Helpdesk with Watson – CIO Today

Big Blue wants to make tech support a little easier for companies by bringing its Watson artificial intelligence platform to the enterprise helpdesk. The new service, known as IBM Workplace Support Services with Watson, is designed to anticipate, predict, and act on the tech support requirements of enterprise staff members.

The service includes Watsons analytics and cognitive capabilities that enable it to learn from user behavior and improve itself over time.

Automating Helpdesk Actions

The company is focusing its marketing pitch for the service on Watsons ability to deliver technical support service to enterprise staff with varying levels of technical experience, including staff members without IT experience. The new platform also enables companies to offer their staff members a single point of contact for tech support, while making the entire IT helpdesk system both more intelligent and more scalable, according to IBM.

"We need a system that can understand and communicate in a natural language conversation, one that solves problems and continues to learn while engaging with employees," said Richard Esposito, general manager at IBM's Global Technology Services, Mobility Services, in a statement. "Our Workplace Support Services with Watson delivers this value."

One of the key selling points of the new service is its ability to automate common helpdesk actions such as unlocking a user's password, adding additional storage space to an email account, or requesting a new mobile enterprise device, Big Blue said.

Self-Improving IT Support

In addition, IBM is promoting the service's ability to learn from previous interactions with users and improve itself over time. The company said that the Watson platform analyzes virtually every interaction between itself and the user to improve on its programming.

Workplace support is delivered to employees via a chat tool that allows the user to interact with the Watson platform using natural language. IBM said that Watson provides natural language support in the most commonly spoken languages, meaning that it's not only capable of generating content in those languages, but effectively "thinks" in them as well. This provides the Watson platform with a greater understanding of linguistic and cultural nuances, according to IBM.

The result is that Workplace Support Services can support employees on any device they might be using, at any time and at any geographic location, while automating more helpdesk functions and resolving IT problems more quickly. In the event that an employee has an issue for which Watson has not been trained for, the system can transfer the individual to a human service agent, the company said.

The service is being offered under IBM's Global Technology Services division, which focuses on IT consulting and business services based on the company's cognitive and cloud technologies.

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CLOUD COMPUTING IBM Rolls Out an Automated Helpdesk with Watson - CIO Today

Alex Fung: Is Cloud Computing Providing Heavenly Opportunities? – finews.asia

Alex Fung, Vontobel Wealth Management

Many investors in cloud computing are currently floating on Cloud Nine. It is therefore no wonder that investors are also increasingly interested in this theme, Alex Fung of Vontobel Wealth Management Asia writes.

By Alex Fung, CEO Vontobel Wealth Management Asia-Pacific

For a long time, it was the norm that companies and institutions established their own IT infrastructure with servers and computers that were sometimes huge. By doing so, they put considerable financial and time resources into an area that is very important; but actually is strategically not very relevant.

In the meantime, however, many providers have come on the scene to take over this task from companies by offering cloud computing, often shortened simply to the Cloud.

Rented as a Service

In a nutshell, this means that all the software, storage capacity and computing power can be used as required through a network such as the Internet, or as part of a Virtual Private Network (VPN).

As a result, the IT infrastructure, such as all the hardware and software applications, is no longer owned by the user, but is instead rented as a service from one or more cloud providers that look after its operation.

Enormous Amounts of Data at a Reasonable Price

Cloud computing offers diverse benefits. Lower costs are generally incurred for the IT infrastructure and software applications, since these services only have to be paid for when they are used. As scalability is so straightforward, capacity can be rapidly increased if necessary.

In addition, cloud computing provides simple software updates, greater computing power, mobility and in some cases also improved security. Cloud computing allows increasingly large volumes of data to be stored and then accessed at any time.

As such, this technology is both the driver and solution for dealing with big data. Many companies are unable to handle the constantly increasing demands for professional data management that must satisfy extremely high security standards. Transferring the companys own data and applications into a cloud is the most efficient procedure in many cases.

Attractive Growth Market

According to estimates from the US market research company International Data Corporation (IDC), global spending for cloud services is set to increase in the current year by 18.2 per cent to around 44.2 billion dollars. Annual growth of almost 14 per cent is expected until 2020.

At the same time, the proportion of cloud solutions in comparison to traditional data centres is about to augment steadily. To manage this growth of demand, leading providers are currently investing billions in the development of new cloud infrastructures. Size is very important in this business, because the more computing capacity an IT infrastructure handles, the higher the relative cost savings are.

Numerous Possibilities for Asian Investors

Cloud computing is attracting many new providers and is hotly contested as a rapidly growing market. Careful selection is thus important to determine tomorrows winners. Participation in the Cloud Computing market

There are numerous possibilities for Asian investors keen to participate in the potential of this growth market. Given the rapid pace of change in the market and the intense competition, the main skill for advisory firms is to be able to identify the winners of the future in the cloud computing market. Before making any investment decisions, it is therefore best to speak with experts who have the necessary expertise to pick underlying instruments in this technology segment.

Alex Fung is the Chief Executive Officer of Vontobel Wealth Management Asia, based in Hong Kong.

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Alex Fung: Is Cloud Computing Providing Heavenly Opportunities? - finews.asia

Cloud Computing – Salesforce.com

The Internet has its roots in the 1960s, but it wasn't until the early 1990s that it had any relevance for businesses. The World Wide Web was born in 1991, and in 1993 a web browser called Mosaic was released that allowed users to view web pages that included graphics as well as text. This heralded the first company web sites and not surprisingly, most of these belonged to companies involved in computing and technology.

As Internet connections got faster and more reliable, a new type of company called an Application Service Provider or ASP started to appear. ASPs took existing business applications and ran them for their customers. The ASP would buy the computing hardware and keeping the application running, and the customer would pay a monthly fee to access it over the Internet.

But it wasn't until right at the end of the 1990s that cloud computing as we know it today appeared. That's when salesforce.com introduced its own multi-tenant application which was specifically designed:

Since then the cloud has grown and grown: in 2013 worldwide spending on cloud servicets ran to an estimated $47 billion. And that's set to more than double to over $108 billion by 2017 as companies invest in cloud services as the foundation for new, competitive offerings.

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Cloud Computing - Salesforce.com

Cloud Computing Search Engine | 4CloudComputing.com

This search engine is designed to provide results for Cloud Computing searches. If your search is more general in nature, please use 4search.com.

Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over a network. The name comes from the common use of a cloud-shaped symbol as an abstraction for the complex infrastructure it contains in system diagrams. Cloud computing entrusts remote services with a user's data, software and computation. End users access cloud-based applications through a web browser or a light-weight desktop or mobile app while the business software and user's data are stored on servers at a remote location. Proponents claim that cloud computing allows companies to avoid upfront infrastructure costs, and focus on projects that differentiate their businesses instead of infrastructure. Proponents also claim that cloud computing allows enterprises to get their applications up and running faster, with improved manageability and less maintenance, and enables IT to more rapidly adjust resources to meet fluctuating and unpredictable business demand. In the business model using software as a service, users are provided access to application software and databases. Cloud providers manage the infrastructure and platforms that run the applications. SaaS is sometimes referred to as on-demand software and is usually priced on a pay-per-use basis. SaaS providers generally price applications using a subscription fee. Proponents claim that the SaaS allows a business the potential to reduce IT operational costs by outsourcing hardware and software maintenance and support to the cloud provider. This enables the business to reallocate IT operations costs away from hardware/software spending and personnel expenses, towards meeting other IT goals. In addition, with applications hosted centrally, updates can be released without the need for users to install new software. One drawback of SaaS is that the users' data are stored on the cloud provider's server. As a result, there could be unauthorized access to the data. Cloud computing relies on sharing of resources to achieve coherence and economies of scale similar to a utility over a network. At the foundation of cloud computing is the broader concept of converged infrastructure and shared services.

2017 4Internet, LLC. Patent Pending.

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Cloud Computing Search Engine | 4CloudComputing.com

5 Cloud Computing Stocks to Buy – TheStreet.com

President Trump's proposed tax reforms may incentivize U.S. multinational companies to bring cash back to the U.S., potentially setting off a frenzy of mergers and share buybacks. However, it may also increasespending on some of the biggest trends in technology.

Cloud computing is one such area where companies are likely to increase spending over the next several years, as companies look to reduce operating costs and increase flexibility. Research firm IDC recently noted that worldwide spending on the public cloud -- the areas where the largest tech conglomerates mostly reside -- is expected to reach $122.5 billion this year, an increase of nearly 25% over 2016 spending levels.

By 2020, IDC expects that spending to reach $203.4 billion worldwide, indicating there is much more room to run as companies shift their computing habits, leaving opportunities for investors.

"Some offorecasts we've seen -- for example, Goldman -- shows cloud spending from 2016 to 2020 will quadruple," said Exencial Wealth Advisors senior analyst Rich Erwin, who helps handle$1.6 billion in assets under management. "Last year, overall spending was around $32 billion and maybe $135 billion or so is devoted to the public cloud, which is the real growth vehicle."

That growth is expected to largely be captured by the largest companies, giving an opportunity to investors to concentrate their bets and generate outsized returns if it comes to fruition.

"I've seen numbers that in roughly tenyears, Microsoft will have between 25% and 30% of its revenue and operating income from cloud services business," Erwin added. "It's a $3 billion business now, but it has the potential to be really big. It's the biggest trend in technology now and will be for the next decade."

What follows below is a Q&A with Erwin about where investors should look for cloud computing stocks to buy.It has been lightly edited for brevity and clarity.

TheStreet: How much money can we expect to come back from overseas if we get a repatriation holiday?

Erwin: At Exencial, we're expecting about $200 billion to come back in the first year of the holiday. Much of that is in companies like Apple (AAPL) , Cisco (CSCO) , Alphabet (GOOG) (GOOGL) and Microsoft (MSFT) .

TheStreet: Where does that money go?

Erwin: The money will likely go to stock buybacks and M&A deals -- we think the majority of that cash will be targeted for those activities.

TheStreet: Then what makes you bullish on some of these companies that are tied to cloud computing?

Erwin: Alphabet, or Google, has around $26 billion in free cash flow and they spend $14 billion in research and development spending, so they're not really dependent upon the money coming back -- they're already highly profitable.

TheStreet: What do you like about each of these companies?

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5 Cloud Computing Stocks to Buy - TheStreet.com

How Do You Define Cloud Computing? – Data Center Knowledge

Steve Lack is Vice President of Cloud Solutions for Astadia.

New technology that experiences high growth rates will inevitably attract hyperbole. Cloud computing is no exception, and almost everyone has his or her own definition of cloud from its on the internet to a full-blown technical explanation of the myriad compute options available from a given cloud service provider.

Knowing what is and what is not a cloud service can be confusing. Fortunately, the National Institute of Standards and Technology (NIST) has provided us with a cloud computing definition that identifies five essential characteristics.

On-demand self-service. A consumer [of cloud services] can unilaterally provision computing capabilities, such as server time and network storage, as needed, automatically without requiring human interaction with each service provider.

Read: Get what you want, when you want it, with little fuss.

Broad network access. Capabilities are available over the network and accessed through standard mechanisms that promote use by heterogeneous thin or thick client platforms (e.g., mobile phones, tablets, laptops and workstations).

Read: Anyone, anywhere can access anything you build for them.

Resource pooling. The providers computing resources are pooled to serve multiple consumers using a multi-tenant model, with different physical and virtual resources dynamically assigned and reassigned according to consumer demand.

Read: Economies of scale on galactic proportions.

Rapid elasticity. Capabilities can be elastically provisioned and released, in some cases automatically, to scale rapidly outward and inward commensurate with demand. To the consumer, the capabilities available for provisioning often appear unlimited and can be appropriated in any quantity at any time.

Read: Get what you want, when you want it then give it back.

Measured service. Cloud systems automatically control and optimize resource usage by providing a metering capability as appropriate to the type of service (e.g., storage, processing, bandwidth, and active user accounts). Resource usage can be monitored, controlled and reported, providing transparency for both the provider and consumer of the utilized service.

Read: Get what you want, when you want it, then give it back and only pay for what you use.

Each of these five characteristics must be present, or it is just not a cloud service, regardless of what a vendor may claim. Now that public cloud services exist that fully meet this cloud computing definition, you the consumer of cloud services can log onto one of the cloud service providers dashboards and order up X units of compute capacity, Y units of storage capacity and toss in other services and capabilities as needed. Your IT team is not provisioning any of the hardware, building images, etc., and this all happens within minutes vs. the weeks it would normally take in a conventional on-premise scenario.

Opinions expressed in the article above do not necessarily reflect the opinions of Data Center Knowledge and Penton.

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How Do You Define Cloud Computing? - Data Center Knowledge

Amazon Shrugs Off Cloud-Computing Rivals – CFO Magazine

Amazon Web Services, with $890 million in operating income, accounted for most of the company's overall profit and its sales rose 43% to $3.7 billion.

Powered by its cloud computing business, Amazon is continuing to defy expectations that increasing competition will slow its momentum.

For the first quarter, which ended March 31, the online shopping giant reported net income rose 41% to $724 million, or $1.48 per share the eighth straight quarter that it posted a net profit. Analysts on average were expecting $1.12 per share.

Net sales rose 23% to $35.7 billion, just beating analysts average estimate of $35.3 billion.

Amazon said the $890 million in operating income from its Amazon Web Services cloud business accounted for most of its overall profit. The unit is way more profitable than Amazons core retail business there are no physical products to buy, store and ship in AWS and growing rapidly, Recode noted.

While its growth is decelerating, its revenue still grew 43 percent year over year to $3.7 billion, it added. That helps the bottom line a lot.

According to Reuters, the first-quarter results may ease some investors fears that mounting competition from rival cloud providers like Microsoft and price cuts at AWS would slow the companys momentum. Many also expected Amazons staggering array of investments from new warehouses, TV and movie production to research on artificial intelligence to weigh on profits.

The core e-commerce segment remains very healthy, said Colin Sebastian, an analyst at Baird Equity Research. Subscription services and advertising are growing much faster, and beginning to move the needle, which also helps increase profit margins.

Amazon Prime helped raise Amazons first-quarter subscription sales 49% from a year earlier to $1.9 billion. Sign-ups have been key to Amazons strategy because Prime encourages shoppers to buy more goods, more often, Reuters said.

Revenue from a co-branded credit card deal and from third-party sellers paying to promote their products on Amazon.com also rose 56% to $850 million.

In after-hours trading Thursday, Amazons shares rose 3.9% to $954. Theres always this moment when people think, Is the magic going to run out? said James McQuivey, an analyst at Forrester Research. It just hasnt panned out.

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Amazon Shrugs Off Cloud-Computing Rivals - CFO Magazine

Microsoft CEO Satya Nadella outlines its cloud computing strategy … – GeekWire

Satya Nadella speaks at Microsoft Ignite 2016 (Photo by GeekWire/Kevin Lisota)

Microsoft is a huge multinational technology company, with lines of business spread across PCs, productivity software, gaming, internet search, and more. But after its third fiscal quarter earnings report came out yesterday, financial analysts spent most of their time asking about a very specific business.

Questions about Microsoft Azure and associated cloud services dominated Microsofts financial results call yesterday afternoon. By contrast, market leader Amazon Web Services only came up a handful of times during the Amazon call with analysts, which makes some sense given that AWS is already a well-understood component of Amazons overall business.

For Microsoft watchers, this shift is a little newer. The company still doesnt break out revenue for Azure (come on, folks, its about time) but said Azure revenue nearly doubled compared to last year, and CEO Satya Nadella was peppered with questions about Azure and cloud growth in general.

Heres a few of his answers, courtesy of a transcript from Seeking Alpha:

On the evolution of the cloud: For example, right when everyones talking about the cloud, the most interesting part is the edge of the cloud. Whether its IoT, whether its the auto industry, whether its whats happening in retail, essentially compute is going where the data gets generated, and increasingly data is getting generated at the volumes in which its drawing compute to it, which is the edge.

On cloud holdouts: But we do have a huge on-premise base. There is still a need for those on-premise products. That will continue, but our focus is on transitioning to the cloud.

On short-term thinking: These are generational opportunities that whats at play when it comes to the Intelligent Cloud or whats happening in augmented reality. Either one of those things, I think if we started viewing it quarter to quarter or year to year, well completely miss the trend.

But I completely understand that all of you measure us to what we have done for you lately. And thats a fine way and well keep account of it, but thats not how it works.

On enterprises moving to the cloud: its not about in fact taking any old workload per se, but its about reimagining what they want to do across these. And in that context, of course, theyre lifting and shifting some of the older workloads, but theyre modernizing the entire business process flow. And thats whats I think (is) the killer opportunity, not any one technology, but the entire flow.

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Microsoft CEO Satya Nadella outlines its cloud computing strategy ... - GeekWire