Category Archives: Cloud Computing
Insights on the Microduct Cable Global Market to 2027 – Advancements In Cloud Computing and Communication Networks is Driving Growth -…
DUBLIN--(BUSINESS WIRE)--The "Microduct Cable Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027 Segmented By Installation Environment, By Type, By Duct Type, By Diameter, By Material, By Application, By Region" report has been added to ResearchAndMarkets.com's offering.
The Global Microduct Cable Market stood at USD992.15 million in 2021 and is forecast to grow at a CAGR of 14.18% through 2027 to reach USD2130.57 million by 2027.
Growing Construction and Electronics Industry
The Government of India issued the National Electronics Policy 2018, with the goal of achieving domestic electronics manufacturing by 2025. This is likely to increase the uptake of modern technologies like 5G, IoT, AI, and machine learning. Therefore, a new generation of fiber optic cable and high-speed connection technologies is laying the groundwork for 5G networks.
Even though they all are wireless technology, it necessitates a greater number of fibre and copper connections to connect equipment within the radio access network domain and back to the routing and core network architecture. Furthermore, the demand for construction is increasing due to huge economic growth in developing countries and low interest rates in a number of developed countries.
Also, factors such as rising private sector investments in construction, technological development, and rising disposable income are anticipated to propel the growth of the microducts cable market during the forecast period. Moreover, increased infrastructure and housing spending by governments across the globe is responsible for the huge installation of microduct cables.
Advancements In Cloud Computing and communication networks
Cloud computing helps enterprises use remote servers hosted on the internet to store, manage, and process critical data. The increasing volume of data generation in websites and mobile apps, the rising focus on delivering customer-centric applications for driving customer satisfaction, and the growing need to control and reduce capital expenditure (CAPEX) and Operational Expenditure (OPEX) are a few factors driving the growth of the emerging technologies. Emerging technologies, such as big data, AI, and Machine Learning (ML), are gaining traction, leading to the growth of cloud computing globally.
Increasing Number of Data Centers
Reflecting the recent advancement of cloud computing and other big-data processing technologies, a growing number of large-scale data centers are currently being constructed. As a future increase in data transmission capacity between these facilities is expected, the demand for high-count, high-density optical cables is growing.
Optical cables that connect these data centers are usually installed in cable ducts located outdoors, which requires technology that allows high-density installation of these cables in a limited conduit space. To meet this demand, we have developed a series of high-fiber-count, high-density optical cables that are flexible in all directions. Therefore, such cables' high data transmission capacity is why most data centers adopt fiber optic telecom cables. Hence, this trend will likely boost the market for telecom and microduct cables in data centers.
Expansion of Fiber Optic Network to Connect Data Centers
The increased deployment of data centers is expected to fuel the market expansion of fiber optic cable installation. Fiber optic cables are used for intra-data center and inter-data center communications. For intra-data center connectivity, data is transmitted within data centers located in buildings or on campuses using optical interconnects.
Inter-data center optical interconnects, on the other hand, operate at the metro or long-haul interconnect levels because they connect two or more data centers. The optical link between two data centers can be thousands of kilometres long and must transmit data at high speeds. As a result, massive amounts of data bandwidth are required for these data centers to send massive amounts of data over long distances. As a result, the global market for microduct cables is being driven by the growing demand for bandwidth and power in data centers.
Growing Adoption of FTTH Connectivity
Fiber-to-the-home (FTTH) is a technology that uses fibre optics to deliver internet access to individual customers' homes. Fiber-to-the-Premises (FTTP) technology provides high-speed internet connectivity directly from a central location to individual homes and businesses.
Companies Mentioned
Report Scope:
In this report, the Global Microduct Cable Market has been segmented into the following categories in addition to the industry trends which have also been listed below:
Microduct Cable Market, By Installation Environment:
Microduct Cable Market, By Type:
Microduct Cable Market, By Duct Type:
Microduct Cable Market, By Diameter:
Microduct Cable Market, By Material:
Microduct Cable Market, By Application:
Global Microduct Cable Market, By Region:
For more information about this report visit https://www.researchandmarkets.com/r/li1sb0
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Insights on the Microduct Cable Global Market to 2027 - Advancements In Cloud Computing and Communication Networks is Driving Growth -...
Inside the Mind of a C-Suite Executive: What to Expect in Cybersecurity in 2023 – Spiceworks News and Insights
As many as 70% of C-suite executives believe organizations have significantly improved in the last 12 months in securing their organizations from cyber threats. According to PWCs 2023 Global Digital Trust Insights report, this was made possible by a higher level of security collaboration and investments in the domain.
Most senior executives said their organizations security teams were able to improve in ten of the most important security sub-domains. These include operational technology (OT) security (79%), ransomware defense (77%), security and privacy approach to product development (75%), the efficiency of cyber resources (75%), collaboration with engineering (73%), cyberattack response (72%), supply chain risk management (70%) and more.
However, only one in four (26%) of C-suite respondents said their teams could accomplish all ten, and fewer than 40% believe they have fully mitigated the risks that arose due to the sudden shift to remote work and the digital cloud, and that will persist going into 2023.
Besides remote work and cloud computing, PwC listed eight other emerging cyber risks, including increased data volumes, the convergence of IT and OT, IoT use, digitization of supply chain, digitization of back-office operations, and entering new markets, all of which have been mitigated by only 3% of respondents.
Percentage of Organizations That Have Mitigated Cyber Risks Associated With Above | Source: PwC
However, security gaps in tech and operations come later. Where the threat comes from is an integral part of addressing future threats.
Most executives are concerned that mobile devices will be leveraged as an attack pathway by 41% more in 2023, followed by email (40%), cloud (38%), web applications (37%), human error/insider threat (37%), third parties (34%), endpoints (33%), software supply chain (32%), remote access portals (32%), IoT (29%), and OT (26%).
When it comes to the types of attacks expected to be prevalent in 2023, C-suite respondents are concerned about business email compromise/account takeovers (33%), ransomware (32%), compromise of cloud management interfaces (31%), hack-and-leak (30%), third-party breach (29%), compromise of the software supply chain (26%), IP theft (26%), IIoT breaches (26%), DDoS (25%), and more.
See More: Hacking Your Security Behaviors: CISOs Share Best Practices for 2022
Furthermore, PwCs survey covered the who part of cyberattacks, to which 65% of senior executives said that cybercriminals are the biggest threat. Sabotage from hacktivists (48%), insiders (44%), and competitors (42%) are the subsequent three concerns, followed by nation-states (27%).
PwCs report details the inter-executive opinions on the organizational cybersecurity posture and what keeps them up at night when looking at future threats.
The bad news is that only one in five or 19% of CIOs, CISOs, and CTOs are confident their organizations have taken steps to secure against cloud breaches (one of the most prevalent attack vectors). Also, more than half (56%) of COOs and CROs are extremely or very concerned about their companys ability to fend off a supply chain attack.
The good news is that 46% of CEOs want to empower CISOs to drive security collaboration, and 51% of CEOs and board members seek cyber risk management plans in case business or operational elements are altered.
The survey pointed to five capabilities that need to be advanced to ward off future threats: Identify, Protect, Detect, Respond, and Recover.
Five Capabilities CISOs Believe Need to Advance | Source: PwC
For additional details on the C-suite playbook for cybersecurity in 2023, refer to PwCs full report.
Note: PWCs 2023 Global Digital Trust Insights survey was conducted in July and August 2022. The findings of the report are based on responses from 3,522 business, technology, and security executives (CEOs, corporate directors, CFOs, CISOs, CIOs, and C-Suite officers), 52% of which lead companies with a revenue of $1 billion and above, and 16% of which lead companies with $10 billion or more.
Respondent organizations are engaged in industrial manufacturing, tech, media, telecom; financial services, retail and consumer markets, energy, utilities, and resources; health, and government and public services across western Europe, North America, Asia Pacific, Latin America, Eastern Europe, Africa, and the Middle East.
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Inside the Mind of a C-Suite Executive: What to Expect in Cybersecurity in 2023 - Spiceworks News and Insights
SUBARU Goes Live with Oracle Cloud Infrastructure for High Performance Computing – PR Newswire
Automaker moves simulation and 3D visualization workloads for improving crash safety performance and driving experience to OCI; gainscost effective computing capabilities
AUSTIN, Texas, Sept. 29, 2022 /PRNewswire/ -- Oracle today announced that SUBARU Corporation has moved its simulation and 3D visualization workloads responsible for improving the quality of collision safety performance and driving performance to Oracle Cloud Infrastructure (OCI). SUBARU was able to improve its development cycle, gain significant efficiencies and reduce operational costs by reducing computational timeframes by approximately 20 percent withHigh Performance Computing (HPC) on OCI.
With a focus on improving drivers' "Enjoyment and Peace of Mind," SUBARU is implementing improvements to enhancedesign and development efficiency, agility, and flexibility. To achieve this, SUBARU recognized it needed to increase the resources supporting its computationally intensive HPC workloads that perform vast and complex simulations to improve its vehicles' collision safety and performance. Aware of how cloud technology is being used in the automotive industry to provide HPC resources to support computer aided engineering (CAE) simulations, SUBARUselected OCI to move its large HPC workloads of up to tens of thousands of cores to OCI from an on-premises environment.
"Our goal has always been to be a trusted partner for our customers and to provide attractive and distinctive products that bring enjoyment and peace of mind. We rely on technology to help us continuously improve and innovate so that we can offer the best experience to our customers. Being able to quickly conduct the vast number of simulations needed to improve crash safety and driving performance is a key focus for us. We selected OCI HPC to improve the speed of computations of collision simulations and to optimize costs. OCI gives us access to the cloud tools we need so we can automate and run jobs seamlessly, enabling faster design and development,"said Mr. Yoshihiro Takekuma, IT Operation and Management Section, Engineering Information Management Department, SUBARUCorporation.
Using OCI bare metal HPC computing,coupledwithfast cluster networking, which delivers less than 2 microseconds of latency and 100 Gbps of bandwidth, SUBARU now has the computing resources it needs to scale rapidly to meet demand peaks. Previously, system expansion within its on-premises environments was often restricted by lack of space, power, cost, and IT resources. Since using OCI to deliver consistent high performance and greater stability for its computational fluid dynamics (CFD) simulations, SUBARU has been able to make improvements to the internal acoustics of its vehicles to deliver a quieter drive. It has also enabled SUBARU to eliminate any variation in computation of collision analysis, by providing ideal conditions to perform structural calculations.
OCI also supports various third-party solutions through Oracle Cloud Marketplaceto help customers quickly find applications and services that can help them optimize their cloud deployments, including from Altair, a global leader in computational science and artificial intelligence (AI). SUBARU has further reduced costs by using the cloud bursting function of Altair PBS Professional in combination with OCI to start the nodes required for calculation and delete the nodes when the calculation is completed, bringing flexibility to the allocation of resources.
"In automotive engineering, having access to powerful and affordable HPC, is essential to run the computationally intensive and highly latency sensitive simulations and calculations needed to deliver the best outcomes when it comes to car safety and the driving experience. By providing high performance and elasticity at lower cost, OCI HPC is idealfor companies like SUBARU that require large simulation environments. We look forward to OCI fueling further technological innovations for SUBARU and contributing to their improved competitiveness,"said Karan Batta, vice president, Oracle Cloud Infrastructure.
ARGO GRAPHICS Inc., one of SUBARU's long-term IT partners, supported the migration of SUBARU's HPC workloads to OCI, which started operations in May2022.
SUBARU also leveraged Oracle Cloud Lift Services as part of its initial verification process to support its proofof conceptto help issues relating to cloud migration with its production machine testing environment. Oracle Cloud Lift Servicesalso providedSUBARU and ARGO GRAPHICS withthe necessary OCI HPC skills training.
SUBARU selected OCI HPC in December 2021.
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About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us atwww.oracle.com.
Trademarks
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
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SUBARU Goes Live with Oracle Cloud Infrastructure for High Performance Computing - PR Newswire
From DevOps to front-end – a guide to high-techs most wanted jobs – CTech
The high-tech sector constantly creates an ever increasing number of roles, professions and areas of expertise, but many of them sound like complete gibberish to anyone who isnt deeply involved in the ecosystem.
The following list attempts to explain as simply as possible the meaning and significance of many of these roles.
1 View gallery
High-tech employees.
(Photo: Boaz Oppenheim)
Application security administrator
The person responsible for identifying failures in the security of the organization's products and its developments, as well as advising on ways to solve them. Works in collaboration with engineering teams in order to constantly improve the security level of the software. In most cases, employers will be looking for someone who understands a thing or two about app development processes and is aware of the challenges faced by the teams involved. This is a senior position where experience and knowledge are of great importance.
Artificial intelligence security specialist
An expert in artificial intelligence security is one of the most desirable positions in high-tech today, however, not everyone can be one. In order to become an expert in a serious organization, a huge amount of combined knowledge in engineering and computer science is required, as they need a very high level of knowledge and skills in order to create reliable protection systems for machines or software that can "think for themselves".
This position in a hardware company involves converting code into design of a circuit or chip in preparation for their production - that is, they are a major factor in the design and production of chips. In a software company, they are responsible for developing web applications on the server side, including writing the interfaces - which requires various programming languages, including Python, Java and Ruby. This is a full-time engineering job with, for the most part, quite a few trips abroad.
A data architect, like a structure architect, describes what the data environment and its structure should look like. The data engineer uses the information they are given to build the environment. Broadly speaking, these are people whose job it is to put data in order. Without them, vast amounts of business data is useless.
The business systems analyst specializes in drawing conclusions and formulating business insights based on the processing and analysis of information. Based on the conclusions, the organization makes decisions.
Business intelligence specialist
A business intelligence expert, or a business intelligence analyst, knows how to fish for qualified information, identify market trends and create tools for locating and monitoring necessary information. This is a very senior job, with a high salary (typically almost twice that of a business systems analyst).
The cloud architect is responsible for converting the technical requirements of any project into the architecture and design of the final product. In the process, they bridge gaps between business problems and solutions in the cloud environment - the server on which the organization's activities are actually carried out, which is far away from the base of operations. They work closely with DevOps leaders in order to make sure that the technologies that are built are suitable for the environment in which they are supposed to operate.
Software engineer with a specific specialization in cloud computing. One who knows how to both program and connect to a cloud environment effectively and safely.
An IT (information technology) expert who builds and maintains cloud structures.
Cloud system administrator
The cloud system administrator develops, maintains and solves problems in the network connections of the cloud computing resources in the organization.
The database manager uses dedicated software to store and organize information in the organization. They are responsible, among other things, for planning, implementing, decoding, security and problem solving in everything related to information.
The role of the data quality manager is to ensure that the information on which the organization is based is "quality" - that is, it meets high standards with regard to its collection and may contribute to the growth and success of the organization.
The data analyst reviews raw data and extracts insights about the organization's customers and ways in which the information can be used to solve various problems. As part of the role, the information analyst conveys the data collected to the organization's management and shareholders.
The data analytics developer provides the organization with the software with which accurate data analytics can be conducted.
The data scientist works closely with the shareholders in the organization in order to understand their goals and decide what information the organization needs to help achieve them. These high-tech employees design information flow processes and build different algorithms and models in order to extract the information the company needs and then helps management decipher it.
DevOps is essentially an organizational culture that emphasizes collaboration and communication between the software developers and the rest of the IT personnel in the company, with a constant preference for automation. The goal is to speed up and optimize processes when it comes to software development, and in the process strengthen its reliability and stability. That is, to integrate as holistically as possible between the programming department and the information technology department. The role of the DevOps engineer is to develop tools and methodologies to balance the different needs of each of the parties throughout the software development life cycle. These tools can be codes, updates, and monitoring and maintenance tools.
The person responsible for the continuous operation and maintenance of the technologies in the organization, as well as the services it provides and receives. The purpose is to anticipate, improve and upgrade the company's services, software and hardware. This is a senior position that carries a lot of responsibility, and that is the reason it is at the top of the ranking of the highest paying high-tech positions.
A front-end developer builds websites and applications using web languages such as Java, HTML and CSS.
Information technology and computer maintenance expert who helps organizations operate the computers and internal communication systems.
A professional in the field of information technologies and communication networks leading the development and implementation of computer systems in the corporate network.
The role of the IT security engineer is to take care of the ongoing operation of the corporate systems, to fix bugs and problems and to respond to security incidents in real time.
Information assurance analyst
A senior employee who carries out a variety of roles related to the integration of changes in software systems. Their main responsibility concerns cybersecurity risks and adapting the software to deal with those risks.
The network architect designs LAN and WAN systems used to transmit information, including intra-organizational communication systems.
Responsible for the maintenance of the organization's communication systems.
A software engineer who specializes in creating platforms, tools and interfaces that can be used in various ways.
The product manager should identify the customer's needs and adapt the organization's goals to them. Among other things, they define in advance what the success of the product should look like and lead a team that makes the vision a reality.
The reliability engineer is involved in assessing the probability of failures, preventing failures, improving safety, reliability, and maintaining a product or system. For this purpose, they use software that promises reliability.
Software quality assurance analyst
The person in the organization responsible for formulating quality principles and standards during software development, who accompanies the process and outlines its character.
An employee whose role it is to provide technical support to the company's customers and employees.
Technical product manager
A product manager with a rich technical background, who focuses on managing the technical side of product development.
The UI designer is responsible for designing all pages related to the user interface, including the individual elements that appear on those pages. They make sure that each individual screen looks good and that all the pages fit together into a nice interface.
The role of a UX designer is to make a product or service easy to use, enjoyable and accessible. In short, make the user experience as good as possible.
A person who creates and maintains websites.
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From DevOps to front-end - a guide to high-techs most wanted jobs - CTech
The Pros and Cons of Offsite Data Storage – CPAPracticeAdvisor.com
Enterprise-grade storage is the lifeblood of cloud computing. As a result, global businesses have an insatiable appetite for data storage, according to Cybersecurity Ventures, and it is estimated that there will be over 200 zettabytes of data by 2025. This eye-watering amount demonstrates the enormous demand, especially considering that a zettabyte equals one billion terabytes.
Since the Covid-19 global pandemic, offsite storage has become the go-to place for data storage. Demand for centralized storage services like Google Drive and Dropbox has grown exponentially.
Join us as we discover the advantages and disadvantages of offsite storage, learning why demand is so high along the way.
Offsite storage is storage hardware relocated at a remote, geographically disparate location. Popular examples include:
Lets jump straight into the pros.
So that is our top pros and cons for offsite data storage. We are witnessing a paradigm shift towards cloud computing, and offsite cloud storage is making a real difference for business and personal users worldwide.
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Richard Bailey is the Lead IT Consultant at Atlantic.Net, a growing and profitable cloud hosting company that specializes in HIPAA compliance.
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The Pros and Cons of Offsite Data Storage - CPAPracticeAdvisor.com
Stocks making the biggest moves in the premarket: Credit Suisse, Tesla, Myovant Sciences and more – CNBC
Take a look at some of the biggest movers in the premarket:
Credit Suisse (CS) Credit Suisse slid 6.1% in premarket trading after the bank sought to calm the fears of investors and clients about its financial health over the weekend in a series of phone calls.
Tesla (TSLA) Tesla dropped 5.7% in the premarket after announcing deliveries of over 343,000 vehicles during the third quarter. That number was a record high for Tesla and up 42% from a year ago, but below forecasts.
ViaSat (VSAT) ViaSat rallied 5.9% in premarket trading after the Wall Street Journal reported that the satellite company was close to a deal to sell a military communications unit to defense contractor L3Harris Technologies (LHX) for nearly $2 billion.
Myovant Sciences (MYOV) Myovant surged 31.3% in the premarket after the biopharmaceutical company rejected a bid by its largest shareholder, Sumitovant Biopharma, to buy the shares it doesn't already own for $22.75 per share. Myovant said the offer significantly undervalues the company.
Robinhood Markets (HOOD) Robinhood announced it was closing five additional offices, on top of closures announced in August as part of a restructuring. The newly announced closures for the trading platform operator will result in charges of about $45 million. Robinhood fell 1% in the premarket.
Vodafone (VOD) The telecom company's shares jumped 3.2% in premarket action after Vodafone confirmed a Sky News report that merger talks between Vodafone and UK rival Three UK have accelerated.
Stanley Black & Decker (SWK) The tool maker has eliminated about 1,000 finance-related jobs, according to The Wall Street Journal. Stanley Black & Decker is seeking to cut about $200 million in expenses as it deals with higher costs and slowing demand.
Freshpet (FRPT) Freshpet rose 2.3% in premarket trading after Barron's reported that the pet food company hired bankers to explore a possible sale.
Box (BOX) Box jumped 3.7% in the premarket after Morgan Stanley upgraded the cloud computing company's stock to "overweight" from "equal-weight," pointing to strong execution and a favorable competitive landscape.
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Stocks making the biggest moves in the premarket: Credit Suisse, Tesla, Myovant Sciences and more - CNBC
Businesses need to do more with their cloud investments – Express Computer
By Jyoti Prakash, Regional Sales Director, India, and SAARC Countries, Splunk
In todays world of autonomous devices, self-driving cars, and robotics, the sense-think-act paradigm is becoming increasingly relevant to complex operations. As these technologies sense, think, and act, they can complete tasks automatically, and this applies to IT operations practices as well.
Today all companies are competing in the digital economy, be it your local restaurant, grocer, or bank. With digital experiences on a rise, companies big and small need to adopt the efficiency and flexibility that the cloud offers. In reality, there can be no business strategy without a cloud strategy. Leveraging the cloud has become imperative as organizations seek to accelerate the pace of their digital transformation, grow, scale, and innovate in order to keep up with the competition.
In fact, enterprises are now moving towards best-of-breed multi-cloud environments that offer enhanced flexibility, interoperability (avoids vendor lock-in), security, and compliance. IT leaders are well-aware that multi-cloud will dominate cloud strategy in the future.
IT Modernization Requires Multi-Cloud
According to Gartners IT Leadership Vision 2021, multi-cloud is among the top five technology trends helping drive business goals. Multi-cloud is the practice of using services from multiple cloud service providers which offers a rich set of options to solve rigorous needs across a diverse range of computing and business functions, thereby optimizing returns on investment. When businesses embrace this architecture, it also allows them to standardize the basicssecurity, compliance, availability, and more.
However, despite all the advantages of a multi-cloud approach, enterprises still struggle to extract maximum value from their cloud investment. Legacy infrastructures, siloed approaches, and piecemeal data insights are just some of the challenges that businesses face in the multi-cloud world resulting in greater complexity, slower innovation, and higher costs. To succeed in the era of multi-cloud, business leaders like CIOs, CTOs, and CISOs need to start embracing cross-functional capabilities and empower their security, IT, and DevOps teams with these three imperatives.
Data Analysis at Scale from Any Source
Big data makes it difficult to proactively detect, alert and direct investigations without a layer of data abstraction that lends operational simplicity and observability. It is also critical to establish security within the systems and be able to take in any data and metadata from any source and at scale. Taking in all data and analyzing and prioritizing it properly eliminates blind spots in distributed ecosystems that can create security vulnerabilities and hinder investigation and resolution. With end-to-end visibility, organizations can monitor and manage threats better, simplifying and strengthening their security posture efficiently.
But this is insufficient considering how often security teams are understaffed while organizations continue to expand their digital footprints. Relying on automation and orchestration will help teams detect, investigate, and respond quickly. Using automated playbooks, they can prioritize alerts, block suspicious activities, or even address a security breach at machine speed.
Real-Time Insights
Multi-cloud and hybrid cloud make full range visibility across the entire IT stack a challenge. To address this, organizations need to make their systems observable and visible across their IT ecosystem. Simply put, the more observable a system, the quicker cross-functional teams can diagnose problems.
Observabilitysolutions leverage data across clouds and on-prem to proactively detect, alert, and direct investigations and reduce performance issues. Observability solutions use metrics, traces, and logs as data types to understand and debug distributed systems. Today, security, IT and DevOps teams are realizing that their monitoring is fundamentally broken and that old ways of monitoring and troubleshooting are unsuitable for a more complex multi-cloud landscape.
When it comes to realizing the return of the investment made towards the cloud, observability leaders outperform beginners across several application developments and reliability KPIs. According to Splunks State of Observability report, observability solutions are helping promote cross-functional alignment. 69% of leaders attribute improved alignment among their ITOps, developer, and security teams to their use of observability solutions, compared to 60% of beginners. In this, it is heartening to learn that Indian organizations are ahead of the curve, with only 29% rated as beginners, as against 62% globally.
Analytics Across Distributed Systems
Finally, a key decision to ensure cloud success is to free up your developers. Another valuable IT resource, with the right tools that allow the custom application, developers can mitigate issues, ensure flawless applications performance, and scale per business needs. This allows them to spend more time innovating for customers, and building solutions toward achieving the best business outcomes. As such, multi-cloud is not just a play to optimize costs and/or to increase business resilience- it also spurs experimentation through choice, flexibility, and dynamism.
This disparate, new technology landscape demands a new data fabric. A unified platform and purpose-built solutions provide this backbone. It removes barriers between data and action, and powers comprehensive data strategies for IT, DevOps, and security teams, so they can operate and innovate faster. While organizations in India are prioritizing their cloud investments, more can be done to secure the success of their multi-cloud strategy.
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Businesses need to do more with their cloud investments - Express Computer
How to Effectively Use the Computing Power of GPU? Let’s – GlobeNewswire
Warsaw, Poland, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Over the past few years, there has been an ever-increasing demand for computational power. It was a time when the world was transitioning from conventional economic systems to a digitized and more revolutionized economy. Today, computing power is used for deep learning, video rendering, data analytics, fraud detection, in artificial intelligence, language processing and in many other areas. While previously computing power was only restricted to people and organizations that owned physical assets (GPU, CPU, hard drive etc.), now computing infrastructures can be based on the cloud. In practice, more and more people and companies use cloud platforms that act as a shared resource, instead of physical hardware. This innovation in computing infrastructure not only ensures more performance but also allows for the use of a shared resource more easily (for example anyone can connect from any place around the world). On top of that, it converts computing power into abstraction with no boundaries, more like an intangible asset that can be accessed, shared, and circulated.
When we look at IT market, we see that, high computing power is the need of the hour. Cloudia Exchange is a new project that connects people who have GPU resources with projects that need those resources. But before we discuss about the benefits of Cloudia Exchange, it is imperative to understand that,currently a lot of people's own computing power but they don't know how to use it effectively.In particular, these are people who were involved in cryptocurrency mining.
Why has cryptocurrency mining become more difficult recently?
Miners use GPUs that provide them with a high hash rate. As long as they are earning profits, they are willing to pay whatever it takes to get their hands on the latest technology of GPUs. Now, let's bring some economics into the discussion. While crypto mining has driven the demand for computing power absurdly high, a shortage of supply has also led to an imperfect market situation. During the global pandemic, the world was not only going through a health crisis but also a major supply chain failure. This resulted in a shortage of microchips and manufacturers were unable to produce GPUs. Consequently, a gap between supply and demand was created until now and was not corrected. Additionally, inflation all over the world has been at the highest magnitudes in the past few months. This also has a direct impact on the prices of electronics alongside all other commodities.
Factoring all of the issues mentioned above, crypto mining itself has become extremely difficult, especially for people that are new to the business. Mining farms spread across acres of land often hoard graphics cards limiting or restricting the access of smaller miners to the latest technology. Similarly, the high GPU prices are also unfavorable for new miners. Other than this, the cost of electricity is also a major concern because of the new oil and gas crisis.
It's worth noting that, most cryptocurrency miners focus on Ethereum mining. But buying a GPU at this moment is the last thing you would do because of the changes that have just occurred in Ethereum. As an attempt to reduce power consumption and the modernization of the Ethereum environment. Ethereum has shifted from a proof of work model to a proof of stake model. This can make the use of GPUs redundant and completely disrupt the GPU market.Thats why many miners looking for transition their rigs to work on AI and cloud computing projects.
Cloudia GPU Power Exchange
To get ahead of all of this, Cloudia Exchange offers a win-win situation for both GPU owners and people/institutions that require high computational power. Cloudia plans on connecting both of these sides where they can profit from each other under the only condition that ownership of these GPUs or other computational resources remains unchanged. In other words, the platform would create a pool of resources where people can chip in and earn profits while still claiming ownership of that piece of hardware.
Cloudia Exchange will be integrated with the blockchain. In other words, you will be able to log in to the platform with your wallet and be able to use all the features instantly. At the same time, you will be able to pay for computing power directly with cryptocurrencies, with lowest transaction fees and instant process. In result, Cloudia Exchange would integrate the resource owner and the people who need computing power and it would allow fluid payments between both the parties.
In addition, there will be a possibility to use staking platform. It will be a solution for passive income for token holders.
In conslusion, Cloudia Exchange envisions a future where renting GPUs or cloud computing is done seamlessly and does not require any hassle. The platform operates on minimal fees and wants to connect people that have hardware and people that need computing power.
More information about Cloudia Exchange at:
Website:http://cloudia.exchange
Telegram:https://t.me/cloudiaexchange
Twitter:https://twitter.com/CloudiaExchange
Whitepaper:https://cloudia.exchange/docs/Cloudia_Whitepaper.pdf
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How to Effectively Use the Computing Power of GPU? Let's - GlobeNewswire
The Global Application Container Market size is expected to reach $12 billion by 2028, rising at a market growth of 33.1% CAGR during the forecast…
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Multiple solutions can be created, upgraded, and deployed on a single OS kernel with the help of an application container platform. The technology enables the automation of several activities, including lifecycle management solution scaling, monitoring, scheduling, and upgrading.
New York, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Application Container Market Size, Share & Industry Trends Analysis Report By Deployment Model, By Organization Size, By Vertical, By Regional Outlook and Forecast, 2022 - 2028" - https://www.reportlinker.com/p06321815/?utm_source=GNW Enterprises can improve their core skills, such as security, network connection, customer interactions, and end-to-end services level monitoring, with the use of application container technology.
It enables the end-user companies to reduce operating expenses and maximize the resource usage of their application infrastructure. Due to the expanding usage of hybrid cloud technologies, there has been an increase in interest in the application container market recently. Private and public clouds are used in hybrid cloud computing deployments.
The hybrid cloud computing model offers the cloud environment flexibility. Due to these system installations, businesses can keep their private and confidential data in remote clouds. Enterprises can improve their core skills, such as security, network connection, customer interactions, and end-to-end services level monitoring, with the use of application container technology. It enables the end-user companies to reduce operating expenses and maximize the resource usage of their application infrastructure.
COVID-19 Impact Analysis
IT operations are typically conducted via "working from home" arrangements, so the lockdown hasnt disrupted the application container market. As a result, application containers are still in high demand in the IT sector. In addition, application containers have been shown to improve productivity and application development while working from home. As a result, during the Covid-19 pandemic, all software organizations adopted the application container. Due to the prevalence of working-from-home arrangements in the information technology industry, the lockdown has primarily had little impact on the application container industry.
Market Growth Factors
Application Container Technology Becoming More Popular Than Virtual Machines
Due to the many advantages of application container technology over virtual machines, the industry is anticipated to grow more quickly. For instance, a virtual machine with its full operating system can be several gigabytes in size, whereas an application container is only 10 megabytes. Because of this, virtual machines and containers can both be hosted on the same server. Another significant advantage is that application containers can be started very immediately, as opposed to virtual machines, which may take several minutes to boot up their operating platforms and start running the apps they host.
Business Agility and Speed to Market are Becoming Increasingly Important
Coordination is necessary for businesses to expand and adapt to the escalating competition. Only by implementing cutting-edge technologies and creating and distributing contemporary applications will this be possible. Application containers speed up the development of applications by cutting down on testing time and simplifying testing procedures, resulting in increased agility. Container orchestration also simplifies the deployment of applications in various contexts, such as virtual or physical infrastructures and public, private, or hybrid clouds.
Market Restraining Factors
Application Container Sprawls Emergence
The practice of running several, uncontrollable instances of a program through containers and the ensuing high resource consumption are referred to as "container sprawl." In several situations, resource usage leaves less available for running practical containers. Additionally, the possibility of misconfiguration and improper handling of uncontrollable containers on a certain host raise those risks. The cost of the public cloud environment may increase due to container sprawl. Large businesses are more susceptible to container sprawls than Small and Medium-sized Businesses (SMEs).
Deployment Model Outlook
On the basis of deployment model, the Application Container Market is fragmented into On-premise and Cloud. The on-premise segment acquired the highest revenue share in the application container market in 2021. Due to ongoing development in on-premises deployment, this displays many cloud-like traits like high levels of virtualization and relative isolation from hardware limitations. On-premises refers to IT network elements, including hardware and software, that are hosted locally. IT assets hosted on a public cloud platform or a distant data centre contrast with this.
Organization Size Outlook
Based on organization size, the Application Container Market is classified into Small- & Medium-sized Enterprises (SMEs) and Large Enterprises. The small- & medium-sized enterprises (SMEs) segment recorded a substantial revenue share in the application container market in 2021. It is because small businesses upgrade their essential competencies, including client relations, security, network connectivity, and end-to-end services level monitoring, due to the application container technology. The application container enables end-user companies to reduce operating costs and maximize the resource usage of their application infrastructure.
Vertical Outlook
By Vertical, the Application Container Market is segmented into Telecom & IT, Government, Healthcare, BFSI, Retail, education and others. The telecom & IT segment garnered the highest revenue share in the application container market in 2021. Containers have emerged as a highly important enabling technology. As part of the digital transformation projects, numerous organizations are primarily focusing on replacing their traditional, manually-based IT jobs with software that can automate the test, installation, and runtime procedures.
Regional Outlook
Region-wise, the Application Container Market is analysed across North America, Europe, Asia Pacific and LAMEA. The North America region acquired the largest revenue share in the application container market in 2021. Due to factors like the presence of cutting-edge ICT infrastructure in the area, ongoing R&D effort by technology providers, and a vast cloud network built by major cloud service providers. With the ample availability of the supporting infrastructure needed for the deployment of cutting-edge analytics and the existence of top cloud service providers, the market for application containers will maintain its trend of dominance during the projection period.
The major strategies followed by the market participants are Partnership. Based on the Analysis presented in the Cardinal matrix; Google LLC, Microsoft Corporation and Amazon Web Services, Inc. are the forerunners in the Application Container Market. Companies such as Joyent, Inc., IBM Corporation and SAP SE are some of the key innovators in Application Container Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC, IBM Corporation, SAP SE, Microsoft Corporation, Broadcom, Inc. (CA Technologies), Rancher Labs, Inc. (SUSE SE), Joyent, Inc. (Samsung Group), Docker, Inc. (Mirantis), D2iQ
Recent strategies deployed in Application Container Market
Partnerships, Collaborations & Agreements
Aug-2022: AWS partnered with Bridgestone, the worlds largest tire and Rubber Company. Following this partnership, the companies aimed to develop a Platform as well as introduce new customer service solutions. Moreover, Bridgestone would also leverage AWS capabilities with the aim to expedite this development and launch procedure.
Aug-2022: AWS teamed up with the tax division of the Department of Justice. With this collaboration, AWS aimed to help the entity in developing an application intending to aid its partner, TechConsulting in building an enterprise-level application utilizing tools within AWS GovCloud.
Jul-2022: D2iQ partnered with Aqua Security, the largest pure-play cloud-native security company. Under this partnership, the companies aimed to jointly develop a solution in order to allow organizations to provide a seamless DevSecOps experience that augments the secure smart cloud-native applications deployment.
Jun-2022: SAP partnered with LeanIX, a Software-as-a-Service (SaaS) company. Through this partnership, the companies aimed to integrate enterprise architecture and process excellence in order to help IT architects, business leaders, and IT asset managers.
May-2022: AWS joined hands with MHP, leading international management, and IT consultancy. Following this collaboration, the company aimed to further support cloud transformation within mobility and manufacturing. Moreover, MHP would also introduce its own software product portfolio over AWS to allow customers to accelerate time to market, reduce operational costs, and minimize implementation complexities.
May-2022: D2iQ entered into a partnership with GitLab, an open-core company. This partnership aimed to bolster the deployment of smart cloud-native applications with the aim to allow customers to operate the GitLab Kubernetes Operator across the D2iQ Kubernetes Platform to offer consistent upgrades, security, and deployment policies for applications and infrastructures.
May-2022: AWS Collaborated with IBM, an American multinational technology. Following this collaboration, the companies aimed to deploy IBM Software-as-a-Service on AWS.
Feb-2022: IBM entered into a partnership with SAP, a German multinational software company. Following this partnership, the companies aimed to aid customers in migrating Workloads from SAP solutions to the IBM Cloud.
Jul-2021: SAP came into a partnership with Google Cloud, a suite of cloud computing services. Through this partnership, the companies aimed to enable customers to make choices without increasing complexities and costs.
Jun-2021: AWS came into a partnership with Axis Bank, an Indian financial and banking services company. With this partnership, the companies aimed to accelerate digital transformation. In addition, AWS would offer on-demand cloud computing services to businesses in order to expedite the transformation of the bank.
Jun-2021: AWS entered into a partnership with Salesforce, an American cloud-based software company. Under this partnership, the companies aimed to streamline the use of the full set of AWS and Salesforce capabilities for users in order to allow them to simply develop and deploy robust new business applications, accelerating digital transformation.
Apr-2021: AWS teamed up with DISH Network, an American television provider. Under this partnership, DISH Network would develop its 5G network on AWS to fulfill the increasing demands of customers.
Dec-2020: AWS came into an agreement with ViacomCBS, an American multinational mass media and entertainment conglomerate. Under this collaboration, AWS would become the preferred cloud provider for the global broadcast media operations of ViacomCBS. Moreover, ViacomCBS would also migrate its entire broadcast footprint to AWS.
Aug-2020: SAP entered into a partnership with HPE, an American multinational information technology company. Following this partnership, the companies aimed to deliver the SAP HANA Enterprise Cloud in integration with HPE GreenLake cloud services to provide SAP HANA Enterprise Clouds customer edition with an automated and consistent cloud experience.
May-2020: Docker collaborated with Microsoft Azure, the cloud computing service of Microsoft. With this collaboration, the companies aimed to allow developers to use native Docker commands in order to operate applications in Azure Container Instances for an impeccable cloud-native applications developing experience.
Product Launches and Product Expansion
May-2022: Docker launched the Docker Extensions. Through this launch, the company aimed to boost developer productivity by allowing them to discover and leverage complementary development tools over the Docker Desktop.
Mar-2022: Google introduced Google Cloud Contact Center AI Platform into its Contact Center AI offerings. This collaboration aimed to integrate the benefits of cloud scalability, AI, multi-experience capabilities, and customer relationship management platforms with the aim to unify sales, support, and marketing teams across data.
Nov-2021: Microsoft launched Azure Container Apps, a fully managed serverless container service. This launch aimed to complement the existing container infrastructure services of the company.
May-2021: SAP introduced Honeywell Forge Real Estate Operations in collaboration with Honeywell. The new solution aimed to extend Honeywell Forge enterprise performance management softwares capabilities. Moreover, the new Cloud-based SaaS portfolio would offer increased visibility to customers over how their buildings are performing.
Apr-2021: IBM rolled out Advanced Storage Solutions. This product launch aimed to streamline data availability as well as accessibility over Hybrid Clouds. Moreover, the company also aimed to ship new container-native software-defined storage solutions to aid businesses in expanding data availability across complex hybrid clouds for enhanced business performance and resilience.
Jan-2021: Microsoft introduced Application Guard, a feature that opens untrusted files in a sandbox. Through this launch, the company aimed to offer enhanced protection to Microsoft Word, PowerPoint, and Excel documents from potential malware and threats.
Oct-2020: Rancher Labs rolled out Rancher 2.5, the latest version of its eponymous software. This launch aimed to offer an improved single cluster management experience expanded cloud distribution support, application deployment at scale expanded, as well as new security, hardened and certified Kubernetes distribution.
Mergers & Acquisition
Mar-2022: Google took over Raxium, an innovator in single-panel MicroLED display technologies. With this acquisition, the company aimed to complement its objective to construct beneficial services and devices to enhance the daily lives of customers.
Feb-2022: IBM acquired Neudesic, a leader in providing cloud services. Through this acquisition, the company aimed to expand its hybrid multi-cloud services offerings along with advancing the AI and hybrid cloud strategy of the company.
Jun-2021: IBM took over Turbonomic, an enterprise software company. Through this acquisition, the company aimed to offer Comprehensive AIOps Capabilities to Hybrid Cloud in order to aid customers in expediting their journey to AI and hybrid cloud.
Apr-2021: Microsoft completed its acquisition of Kinvolk, a software development company. This acquisition aimed to expedite container-optimized innovation by prioritizing the ability to run Kubernetes remotely.
Scope of the Study
Market Segments covered in the Report:
By Deployment Model
On-premise
Cloud
By Organization Size
Large Enterprises
Small- & Medium-sized Enterprises (SMEs)
By Vertical
Telecom & IT
Healthcare
BFSI
Retail
Government
Education
Others
By Geography
North America
o US
o Canada
o Mexico
o Rest of North America
Europe
o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe
Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific
LAMEA
o Brazil
o Argentina
o UAE
o Saudi Arabia
o South Africa
o Nigeria
The rest is here:
The Global Application Container Market size is expected to reach $12 billion by 2028, rising at a market growth of 33.1% CAGR during the forecast...
Banks Stumble To Their Cloud-Based Future – Forbes
Banks' cloud migration efforts could use a lot of help.
In a January 2022 article titled Banks Tiptoe Toward Their Cloud-Based Future, the New York Times wrote:
The banking industry has been mostly slow to adopt cloud computing. While Wall Street leaders have long acknowledged the potential of cloud computing to cut costs, they have only allowed their firms to take halting steps. Some firms are held back by old computer systems that are difficult to revamp or retire, making the transition even more tricky.
Adoption isnt the issue and banks arent tiptoeing anywhere.
According to Cornerstone Advisors 2022 Whats Going On in Banking study, two-thirds of US banks and credit unions already haveor expect to have by the end of 2022apps running in the cloud.
The challenge is transitioning to the cloud and replacing systems and applications that could increase efficiency and effectivenessand maybe even provide competitive advantageby being in the cloud.
Nine in 10 financial institutions have a digital transformation initiative in place, and 80% of them believe theyre not even halfway done with transformation efforts. How rapidly they can migrate to the cloud determines how fastand effectivelythey can complete their digital transformation.
A team of Dutch university professors assessed the costs of cloud migration at 10 international corporate banks. The researchers identified nine cost categories associated with cloud migrations:
Cloud migration cost categories
In five of the categoriesdependencies, legislation, departmental support, re-architecting, and external contractorsat least half of the banks experienced cost overruns (versus original estimates) for their cloud migration efforts.
Cloud migration cost overruns
Application dependencies were the most common category of budget overruns. One banker commented:
Public cloud initially starts on-premise and all your connections and dependencies are on-premise and to decompose them for the purpose of migration is more complicated than expected.
Another said:
We had to decompose some applications due to dependencies. Cloud adoption in practice is much slower than expected due these kind of complexities.
Although the study didnt quantify the overrun of cloud migration costs, the qualitative conclusions clearly point to a system underestimation of cloud expenses, driven by a few cloud migration cost categories.
Interestingly, only three of the 10 banks included in the Dutch study said they had cost overruns for their internal core migration team. Of the other seven, however, three had budget overruns on external resources.
One bank exec commented:
The level of experience within the industry is very low regarding cloud computing, the chance of hitting unexpected costs is high, because we are experiencing it for the first time.
Another added:
When we started we thought we would need a certain amount of resources. However, we miscalculated because we were too positive. We have a knowledge gap and cloud is the main reason for this.
And the researchers themselves remarked:
Overspending on external contractors is an indication how the process of migration is actually progressing. It displays which areas lack the required knowledge to manage the cloud migration internally.
One banker speculated the banks staff would leave if cloud migration was too slow:
Our bank worked for many years with external contractors, they all left and the current internal employees are recently hired. We have very limited knowledge of the on-premise IT infrastructure and this is a continuous struggle for us.
According to Cornerstones research, nine in 10 financial institutions have a digital transformation initiative underway, and 80% of them believe theyre not even halfway done with their transformation efforts.
Theres a connection here between cloud migration and digital transformation progress. The slower the migration to the cloud, the slower the digital transformation.
Like it or not, for many banks, the key to accelerating digital transformationand cloud migrationis more effective vendor participation.
When discussing partnerships, bank executives cite a lack of coordination and transparency of third party vendors as a concern.
According to another report from Cornerstone Advisors, commissioned by Amdocs, titled Leveraging the Cloud to Accelerate Digital Transformation:
As banks integrate more and more systems into their core in order to modernize, it means more partners to manage. Having a dedicated vendor manager is mission critical to manage all of the relationships as well as designating someone within the financial institution to sit in the captains chair to drive the initiative.
In addition to better management of external resources, Cornerstone advises financial institutions to transform the IT talent stack:
The talent shortage will continue to slow down cloud implementation. This forces banks to look for talent more aggressively in key areas including specific cloud platform configuration (AWS, Azure, Google), server virtualization and app containerization, API integration, DevOps, cloud security and orchestration, and disciplined change management.
Banks may be struggling with their cloud migration efforts, but thats preferable to where the industry was just a few years ago. In a 2019 report titled The Inevitable Journey to the Cloud in Banking, I wrote:
[Cloud] proponents tout benefits like increased reliability, reduced costs and the transformation of fixed costs into variable costs (capital expense vs. operational expense), while opponents cite concerns regarding security, data privacy and migration challenges.
The proponents may have been too optimistic about cost reduction and transformation and the opponents overly worried about the security implications. The two sides are converging, however, and banks are moving to the cloud. Even if they are stumbling their way there.
For a complimentary copy of the Cornerstone Advisors report, Leveraging the Cloud to Accelerate Digital Transformation, click here.
Read more:
Banks Stumble To Their Cloud-Based Future - Forbes