Category Archives: Cloud Computing

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…

New York, Aug. 26, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Microduct Cable Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027" - https://www.reportlinker.com/p05916953/?utm_source=GNW

Microduct cables are small plastic pipes which sub-divide the inner space of the pipe into smaller compartments where microwires can be blown, sprayed, or pushed in.Usually, microduct cables are small, flexible or semi-flexible ducts that provide simple, constant and low-friction paths for optical cables with relatively low pulling tension limits.

They are in compliance with current designs and building configurations, including cable blowing devices, for both riser and full-grade applications. It also enables cables to be securely deployed via pull lines or cords with less than 50 lbs of force and cable blowing with a typical 100-200 feet per minute deployment rate.Growing Construction and Electronics IndustryThe 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 and thus increased demand for microduct cables.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 networksCloud 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.Major factors, such as data security, faster Disaster Recovery (DR), and meeting compliance requirements, are driving the growth of cloud computing services.

As a result of advancements in cloud computing and video subscription services, as well as support for 5G, communication traffic has increased rapidly in recent years. Meanwhile, due to physical constraints in the internal spaces of ducts, there is a growing demand for thin ultra-high-density (UHD) fiber-optic cables that contain optical fibers at a high density, is anticipated to propel the microduct market growth.

Increasing Number of Data CentersReflecting on 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 in future an increase in data transmission capacity between these facilities is expected, the demand for high-count, high-density optical cables like microduct 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 CentersThe increased deployment of data centers is expected to fuel the market expansion of fiber optic cable installation and thus the microduct cable market.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 kilometers 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.

Market SegmentationGlobal Microduct Cable market can be segmented into Installation Environment, Type, Duct Type, Diameter, Material, Application, and Region.Based on Installation Environment, the market is segmented into Direct Buried, Duct/Direct Install, Aerial, Indoor.

Based on Type, the market is segmented into Smoothwall, Corrugated, Ribbed.Based on Duct Type, the market is segmented into Thick-Walled Ducts, Tight Protected Ducts.

Based on Diameter, the market is segmented into Up to 5mm, 5-10mm, 10-15mm, above 15mm.Based on Material, the market is segmented into PVC, HDPE, Nylon, Others.

Based on Application, the market is segmented into Electrification, Transmission Network Development, Telecoms, Automotive, Construction, Others.

Company ProfilesCorning Incorporated, Prysmian Group, Nexans S.A., Dura-Line Corporation, Hexatronic Group, Leoni AG, Fujikura Ltd., Emtelle UK Limited, Hyesung Cable & Communication Inc., Clearfield, Inc. are among the major market players in the Global Microduct Cable Market.

Years considered for this report:

Historical Years: 2017-2020Base Year: 2021Estimated Year:2022EForecast Period: 2023F2027F

Report Scope:

In this report, 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:o Direct Buriedo Duct/Direct Installo Aerialo Indoor Microduct Cable Market, By Type:o Smoothwallo Ribbedo Corrugated Microduct Cable Market, By Duct Type:o Thick-Walled Ductso Tight Protected Ducts Microduct Cable Market, By Diameter:o Up to 5mmo 5-10mmo 10-15mmo Above 15mm Microduct Cable Market, By Material:o HDPEo Nylono PVCo Others Microduct Cable Market, By Application:o Electrificationo Telecomso Transmission Network Developmento Automotiveo Constructiono Others Global Microduct Cable Market, By Region:o North AmericaUnited StatesCanadaMexicoo EuropeGermanyUnited KingdomFranceItalySpaino Asia-PacificChinaSouth KoreaJapanIndiaAustraliao Middle East and AfricaUAESaudi ArabiaSouth AfricaKuwaito South AmericaBrazilArgentinaColombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Microduct Cable Market.

Available Customizations:

With the given market data, we offers customizations according to a companys specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).Read the full report: https://www.reportlinker.com/p05916953/?utm_source=GNW

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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...

Supercloud, the Next Big Trend in Cloud Computing – Analytics India Magazine

Supercloud 22, a technology conference hosted recently by enterprise tech media the CUBE, concluded with an in-depth discussion on the future of cloud technology. According to industry experts, a new world is being built on top of base cloud computing structures such as infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). This emerging trend is being termed supercloud.

For many, the term supercloud may seem very new. However, it was mentioned for the first time in a study by Cornell University in 2016.

What is supercloud?

Cornell University defines a supercloud as a cloud architecture that enables application migration as a service across different availability zones or cloud providers. Spanning across major public clouds like Amazon EC2, Google Compute Engine and Microsoft Azure, as well as private clouds, the supercloud architecture provides interfaces to allocate, migrate, and terminate resources such as virtual machines and storage and presents a homogeneous network to tie these resources together.

Supercloud offers flexibility. Users can relocate their virtual machines across several data centres around the world irrespective of the owner and without reconfiguring and re-synchronising their applications. Supercloud enables an application to offload from an overloaded data centre to another that has a completely different infrastructure altogether.

The focus on supercloud started gaining ground due to the challenges posed by multi-cloud. Even in multi-cloud architectures, organisations struggle to apply consistent security policies across all their applications, migrate apps among different clouds and data centres, optimise the performance of various applications and gain insights into the application health, i.e. if they are performing up to the mark, their status etc.

According to Howie Xu, VP of machine learning and artificial intelligence at Zscaler, supercloud is not just multi-cloud. It goes beyond that. Multicloud is just one aspect of supercloud. With supercloud, one can access the on-prem and the edge along with multi-clouds.

A key factor creating so much interest surrounding supercloud is its ability to connect across clouds and operate in a hybrid and multi-cloud environment that makes the life of both end users and developers a lot easier.

Known by different names, for example distributed cloud, superclouds are making it easier to operate in a multi-cloud environment. It enables seamless migration, optimal performance and consistent security.

Supercloud in the making

Several cloud computing companies have already started working on architectures similar to superclouds though all of them do not call such architectures superclouds. Snowflake, a leading cloud computing company, is working on something they call data cloud.

We dont call it exactly that way. We dont like the super word, its a bit dismissive. But we call it a data cloud. And the vision really for the data cloud is indeed a cloud which overlays the hyperscaler cloud, said Benoit Dageville, co-founder of Snowflake. The data cloud spans across multiple clouds and supports distributed data but governs the data centrally, similar to the data mesh approach.

DataBricks, a key rival of Snowflake, is sponsoring the Data Lakehouse project that is working on Delta Sharing, which simplifies sharing data in a secure manner across cloud platforms.

American cloud computing and virtualisation tech company VMware came up with VMware Cross-Cloud services to address the challenges posed by the lack of consistency across clouds. The Cross-Cloud services include application development, cloud management, cloud and edge infrastructure, security and networking, and anywhere workspace solutions. They are built on a seamless abstraction layer that spans clouds, enabling organisations to build, deploy, run, manage, secure and access apps and infrastructure in a consistent way.

Along with the above, many others are also working towards supercloud. For example, in 2021 Goldman Sachs Group announced a new data management cloud the Goldman Sachs Financial Cloud for Data with AWS. It is a good example of an industry supercloud. Dish Network also announced a supercloud to power 5G wireless networks. Cohesity, next-generation data management company, is building a data management supercloud focused on data protection and governance.

Security is the biggest challenge in supercloud

A key concern raised in Supercloud 22 was security. Security is the most pressing challenge in the way of realising the idea of supercloud. Building a security framework that can keep data safe across multiple clouds and on-premises data centres is altogether a new level of challenge. Although each cloud provider has its own security models and each ogranisation has its own security framework for on-prem data centres, integrating these frameworks and models across clouds is not at all easy.

Industry leaders are of the opinion that stakeholders must collaborate to formulate a set of standards according to which data can be shared. They feel that the security ecosystem should be led by cloud providers who provide the foundational infrastructure elements while the security vendors must put in place stringent detection norms.

In the backdrop of several superclouds in the making, a pertinent question arises about its adoption in the near future. Industry expert Muddu Sudhakar, CEO of Stealth Mode Startup Company, believes that although supercloud is transformative and disruptive, it should not be rushed. Standardisation can happen a few years down the line. Right now, all we need is enough startups to create the super layer abstraction, with the goal in mind of AI automation, he said.

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Supercloud, the Next Big Trend in Cloud Computing - Analytics India Magazine

CDP One Takes Cloudera into the SaaS Analytics League – thenewstack.io

Cloudera last week announced the impending release of its Cloudera Data Platform One (CDP One), a Software as a Service (SaaS) implementation of its full platform. CDP One is aimed at increasing the accessibility of analytics to a broader range of organizations, to include those organizations that dont possess cloud computing expertise but still wish to be data-driven and fully competitive as a result.

CDP One makes the various services within CDP including data ingestion, governance, preparation, lakehouse/streaming analytics, and machine learning available to customers on a self-service basis. This relieves those customers of having to worry about sizing, configuring, provisioning or monitoring clusters, nodes or other explicit tech infrastructure. Cloudera says its provides a zero-ops customer experience, embedding DevOps, SecOps, and CloudOps as part of the service, and allowing customers to focus on their workloads, their data, its governance and business outcomes instead.

CDP Ones user interface click to magnify (Credit: Cloudera, Inc.)

While CDP was already available on all three major public clouds as well as being deployable on private clouds, these scenarios involved its usage in a Platform as a Service (PaaS) capacity, which requires more knowledge and proactive management from the customer. Cloudera sees CDP Cloud as appropriate for the majority of Global 2000 organizations, whereas CDP One is aimed at the Global 5000.

Clouderas 2021 acquisitions of SaaS specialist vendors Cazena and Datacoral provided the company a huge shot in the arm on its journey to being a SaaS provider. For example, Cazena previously provided its own self-service data warehouse and data lake offering by providing a SaaS-like abstraction layer over the various data services offered by the cloud providers, as well as platforms from independent analytics vendors whose products were runnable in the cloud.

Cloudera, meanwhile, already had a cohesive platform focused on a full range of data management, analytics (lake, warehouse and even BI) as well as machine learning. Thats a good story when compared to the prospect of integrating multiple specialist vendor platforms, but it still required the provisioning and management of CDP clusters in order to make those services usable. Combining Cazenas self-service interface and Clouderas analytics services now brings the latter to the broader audience Cloudera seeks.

In addition to the Cazena deal, Clouderas other acquisitions over the last several years have helped it build out its platform. Acquiring Gazzang back in 2014 gave the company enterprise security capabilities lacking in the older big data technologies; purchasing Sense in 2016 gave it a robust machine learning platform. And the blockbuster 2018 merger of Cloudera and Hortonworks brought a certain unity and defragmentation to the open source analytics stack. Hortonworks had already XASecure, the company behind the Apache Ranger data governance platform and Onyara, the company behind the data ingest platform Apache NiFi. Scooping up Arcadia Data in 2019 capped things off, by giving the new Cloudera good BI and data visualization capabilities.

Another hallmark of the Hortonworks merger was a combination of engineering talent and a strategic decision to build CDP as a refactored, rationalized platform, rather than haphazardly mashing up Clouderas Distribution of Hadoop (CDH) with the Hortonworks Data Platform (HDP). The peace dividend that came of that meant the avoidance of what otherwise could have been substantial technical debt. Instead, the company got the chance to integrate its acquired assets in a technologically sound way, rather than just cobbling them together under a single brand which unfortunately can occur frequently in the enterprise tech world.

In June of 2021, Cloudera itself was acquired by private equity concerns Clayton, Dubilier & Rice and KKR, which took the company private later that year. While some industry observers may have seen that development as a setback, it has in any case allowed the company to focus on CDPs rigor and usability, both of which paved the way for CDP One.

Cloudera is featuring corporate travel management concern CWT as a lighthouse customer for CDP One. In an interview aired as part of the keynote at the Cloudera Now event last week, Gordon Coale, CWTs Lead Enterprise Architect for Data, said the company is using its CDP One-based data lake both for external services like end-user personalization in its mobile app and internal corporate data sets, ad hoc data sets and small use case data sets.

Coale said the company has a relatively small data analytics team, making other analytics solutions, which Coale said were either too labor-intensive or skill-intensive a tougher fit. Cloudera says CWT was able to get CDP One ready for data in two days, and in production use in four weeks.

CWT was a private preview customer, but Cloudera says CDP One is now available to customers that sign up and that it will be widely available later this year.

Disclosure: Cloudera is a client of post author Andrew Brusts company, Blue Badge Insights.

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CDP One Takes Cloudera into the SaaS Analytics League - thenewstack.io

Boosting Your Resume: Top IT Skills You Should Learn in 2022 – Techzone360

In 2022, working with networks and IT systems, learning programming, and cloud computing are necessities that can help you enhance your IT career. If youve always wanted to become an IT expert, youll need to handle more than resolving simple router and Wi-Fi issues.

You need to understand how cloud infrastructures work and everything else that the modern-day IT field entails. IT work is incredibly diverse. In other words, it requires a range of skills you should focus on acquiring.

However, there are many different IT skills these days. This short guide will introduce you to some of the essential IT skills you should include in your resume.

Security

Security is at the core of any IT system. IT security could be anything from system administration to networking and help desk. Any of these roles can help you understand the concepts of IT security and why it matters in the digital business landscape.

To qualify for IT security roles like IT security analyst, youll need the following skills:

Nowadays, there are top IBM training courses (free and premium) where you can explore and learn skills like security, cloud, data analytics, and more.

Programming

Youll need programming skillsIf youre into software, app, and web development. Programming is also helpful for automating repetitive tasks and mundane processes.

IT professionals and developers must know at least one of the most popular coding languages, such as Python, C++, JavaScript, Ruby, and PowerShell.

We recommend learning two or more languages as it will come in handy for your further personal and professional development as an IT expert.

Systems and networking

Digital businesses would not be able to operate without computer networks and systems. These systems need to function seamlessly without any disturbances to ensure maximum uptime and a top-grade customer experience for modern consumers.

As an IT expert, your typical roles include network or system administrators. Both skills are an excellent way to get into cloud security and administration. Managing systems and networks requires the following skills:

Data analysis

Data is a new currency in the contemporary corporate world. Its essential to running a digital business. Every business organization depends on IT experts to gather, process, and analyze incredible amounts of data daily.

Data harvesting, science, and analysis are vital IT skills that allow companies to identify and mitigate cybersecurity threats, understand their competitors, address the main pain points of target audiences, and more. Data engineers and database administrators must work with Python and SQL databases.

Cloud computing and machine learning

Building and maintaining cloud infrastructure is currently among the most wanted IT skills. Cloud technology has revolutionized the way organizations operate and conduct business. It ensured the highest levels of cybersecurity for businesses of all sizes and the best data storage solutions, among many other things.

Cloud architects, administrators, and developers must use and manage various cloud platforms, such as Oracle, Microsoft Azure, Google Cloud, and AWS.

On the other hand, machine learning skills are paramount for data professionals and coding experts. Being a subset of artificial intelligence (AI), machine learning has become one of the most critical skills for IT experts in the IT and technology spheres.

Deep learning techniques and managing clustering, Kernels, and parametric algorithms are among todays most sought-after IT skills.

How to acquire top IT skills

There are a few options for obtaining IT skills.

Certifications

Getting IT certifications is an excellent way to take your knowledge, education, and skill to the professional level. There are top-notch IT courses that you can take to obtain certifications from various IT areas and ensure your skills meet professional standards.

Degrees

While this option may require more time, effort, and resources, getting a degree in information technologies and computer science is the best way to enter the IT world as a true professional. In addition, a certified IT expert with a degree gets access to higher incomes and better job positions.

Conclusion

Even though becoming an IT expert requires solving quite a few challenges along the way, youll get a chance to get more hands-on experience, work with the latest technologies and tools, and refresh your knowledge.

You can learn some of the IT stuff for free at your own pace by watching various tutorials and taking online courses. On the other hand, the internet gives you access to professional IT courses that come with a one-week free trial. The best thing to do is consider free and premium learning options to take your IT knowledge to the next level.

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Boosting Your Resume: Top IT Skills You Should Learn in 2022 - Techzone360

Discover the latest innovations in edtech enabled by cloud ecosystems at AWS-CloudThat Growth Gurus – YourStory

The edtech market is maturing to a level where we are looking at student experiences now. Measurement of learning outcomes, quality of content, AR/VR content, and supplemental learning are going to drive the future of edtech, noted PP Sunil Acharya, South Asia Lead: Education, Space & NPO, AWS while delivering a keynote address at Growth Gurus.

This was an offline meet-and-greet event by Amazon Web Services (AWS) and CloudThat in partnership with YourStory. The event brought together edupreneurs and stakeholders in the edtech sector to exchange ideas, learn about latest technology innovations, and be part of a community of edtech founders.

Digitisation has enabled access to education and ensured that the digital divide is minimised in the country. Today, students in leading universities or Tier 1 cities have access to the same knowledge and faculty as that of their counterparts in the remotest corners. Moreover, the Indian governments initiatives Swayam (Study Webs of Active Learning for Young Aspiring Minds), Diksha and its e-pathshala initiative have further made education accessible to anyone anywhere.

The future of edtech lies in phygital, believes Abhishek Mishra, Chief of Strategy at PhysicsWallah, which boasts of 1.27 lakh live learners in one class. A multitude of teams worked together to achieve this feat. We made sure every element of our infrastructure was scaled, tested, and ready before the D-day to have smooth sailing operations. We invested heavily in improving our tech stack to serve millions of requests. We use Amazon Web Services (AWS) in our ecosystem and are committed to serving users with improved performance, he said.

So far, there has been a lot of content delivery and content selling in edtech. Now its more about a perfect student-content fit, like a relevant matchmaking. The real challenge is not just putting out content but also finding ways to engage with children as edtech products are now competing with classrooms.

Edtech can truly revolutionise learning in India. Bhavesh Goswami, Founder and CEO, CloudThat cites a case in point here. Picture this - a traditional classroom, filled with 50-60 students is taught the same lesson together. While somebody becomes a topper, a few become bottom rankers. But if you score 35 percent marks, you're barely passing but still promoted to the next class despite limited knowledge about a topic. However, edtech has the ability to provide personal attention to each and every student, along with helping them get a solid foundation, he shared.

Edtech is not a plateau. I think we're going to continue to grow for the next many decades. The widespread use of digital technology has completely reshaped the teaching-learning landscape. Multiple modalities like video on demand, Artificial Intelligence, Machine Learning, Google Lens, etc. would enable students to experience classroom learning while being at home. And personalised learning is going to be a very big component of that, said Bhavesh.

When we look at companies and businesses using AWS, we often hear and in fact see cost savings as a primary driver for the decision to use cloud. But organisations that use AWS realise value above and beyond just TCO reduction, pointed out Irshad Chohan, Senior Solutions Architect at AWS in a session on Cloud Economics: Understand & Optimize the Value of AWS Cloud.

Organisations also realise value in staff productivity which includes improvements to staff efficiency, operational resilience which refers to improvements in quality of service, and SLAs, and business agility which includes increased innovation, and reduction in go to market time for new features and products, he explained.

Irshad suggested a framework for organisations to not only create visibility and optimise cloud spend, but also make cloud spend more predictable for the business and stakeholders, and build a long-term, self-sustaining cost aware culture supporting all waypoints in the cloud journey.

Edtech is a great place for the teacher ecosystem to upskill, according to Pallavi Venkateshan, Senior Program Manager Edstart, AISPL. Exemplary teachers who are not yet discovered should get onboarded on edtech platforms and find their next customer base, she said.

Nanda Kishore P, VP, Consulting Sales, CloudThat and Ajay Nair, Partner Manager - South India, AWS, delivered the closing remarks. They highlighted how you can leverage cloud computing, you can think about moving all of your IT to the cloud, establish a hybrid environment with some infrastructure on premise and other applications in the cloud, or consider moving over workload by workloadand then over time, more and more of those pieces move into the cloud.

An increasing number of innovators are trying to leverage the massive business opportunities in edtech that pan across online, hybrid, and offline offerings. And Growth Gurus has been successful in bringing together edupreneurs to nurture and showcase the potential of cloud in the sector, and become part of the larger community to celebrate the next chapter of edtech.

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Discover the latest innovations in edtech enabled by cloud ecosystems at AWS-CloudThat Growth Gurus - YourStory

Inspur Information’s NF5488A5 AI Server and Supply Chain Win Gold and Bronze Stevie 2022 International Business Awards – Business Wire

SAN JOSE, Calif.--(BUSINESS WIRE)--Inspur Information, a leading IT infrastructure solutions provider, was named the winner of two prestigious Stevie Awards in The 19th Annual International Business Awards (IBA), including Gold in the Business Technology Solution category for the Inspur NF5488A5 AI Server, and Bronze in the Most Innovative Tech Company of the Year category for its digital supply chain enabled by the JDM (Join Design Manufacturing) Business Model.

More than 3,700 nominations from organizations of all sizes across virtually every industry were submitted for consideration in a wide range of categories. The 2022 IBAs received entries from organizations in 67 nations and territories.

We are incredibly proud to have achieved recognition in these two categories despite the strong competition, said Peter Peng, CEO of Inspur Information. We would like to thank the diverse panel of Stevie Award judges for this recognition. We owe our success to our innovative customers, highly-qualified employees and trusted partners.

NF5488A5 honored for its AI performance

Awarded Gold in the Business Technology Solution category, the Inspur NF5488A5 is an AI server powered by eight NVIDIA A100 GPUs fully interconnected with the 3rd generation NVLink plus two of the latest AMD CPUs supporting PCIe4.0. It provides users with ultimate AI performance and ultra-high-speed bandwidth while offering powerful computing support for various AI scenarios such as intelligent customer service, financial analysis, smart city, and intelligent language processing.

The Inspur NF5488A5 won a total of 40 titles in MLPerf single-node performance, it supports 8 fully interconnected NVLink 3.0 NVIDIA A100 GPUs, and 2 AMD Rome processors enabling PCIe4.0 in a 4U space, NF5488A5 delivers outstanding AI performance of 5 petaFLOPS and ultra-high data throughput, making it an ideal choice for a series of AI scenarios such as intelligent image, video and voice processing, financial analysis and virtual assistant. The design of the Inspur NF5488A5 reduces operation and maintenance costs and facilitates ease of installation.

Stevie Award winners were determined by the average scores of more than 300 executives worldwide who participated in the judging process in June and July. According to one of the Stevie 2022 IBA judges, the NF5488A5 is a very powerful and impressive machine, indeed. I find it interesting that this machine will enable a multitude of high power applications and areas of research like molecular dynamics, AI/ML-based self-driving data analysis, and even a live ML-serving. Another judge noted, Impressive technology, great description of the solution, great performance and a long list of achievements.

Inspur Informations supply chain honored for its leading digital and smart transformation

Recognized in the Most Innovative Tech Company of the Year category with a Bronze award, Inspur Informations supply chain was created in response to the diversified technologies and demands of the cloud-data-AI era. This includes diversified computing with near infinite combinations of CPUs, GPUs, and accelerators being utilized together in various configurations. With data acting as the core, Inspur improves transparency, visualization, and elasticity of smart manufacturing. This allows for on-demand design, rapid production and fast delivery.

Consisting of global supply chain control tower, panoramic customer ecosystem platform, supplier ecosystem collaboration platform, digital factory etc., the platform allows Inspur Information, the supply chain leader connecting upstream and downstream eco-enterprises, to make its supply chain more agile, visible and flexible, shortening the delivery cycle from 10 days to 6 days and increasing delivery efficiency by 40%. By applying the supply chain control tower and making changes to its organizations/processes, Inspur Information keeps the supply chain resilient to the ever-changing market, eliminating delivery risk for 150,000 units, achieving over 15% revenue growth, and rising from third to second in the world for server shipments.

One of the Stevie 2022 IBA judges commented, I like how the Inspur Information business model is tailored to the customer's individual business requirements and connects demand, R&D, production, and delivery processes to integrate supply chains.

The International Business Awards are the worlds premier business awards program. All individuals and organizations worldwide public and private, for-profit and non-profit, large and small are eligible to submit nominations.

Winners will be celebrated during a gala banquet at the InterContinental London Park Lane Hotel, in London, England, on Saturday, 15 October the first live IBA awards ceremony since 2019.

Were thrilled that were able to return to celebrating Stevie winners in person this year, said Stevie Awards president Maggie Miller. This years class of honorees are as innovative, adventuresome, persistent, and successful as weve ever had. We look forward to celebrating their achievements with them during our 15 October awards banquet in London.

Details about The International Business Awards and the lists of Stevie Award winners are available at http://www.StevieAwards.com/IBA.

About Inspur Information

Inspur Information is a leading provider of data center infrastructure, cloud computing, and AI solutions. It is the worlds 2nd largest server manufacturer. Through engineering and innovation, Inspur Information delivers cutting-edge computing hardware design and extensive product offerings to address important technology sectors such as open computing, cloud data center, AI, and deep learning. Performance-optimized and purpose-built, our world-class solutions empower customers to tackle specific workloads and real-world challenges. To learn more, visit https://www.inspursystems.com.

About the Stevie Awards

Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

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Inspur Information's NF5488A5 AI Server and Supply Chain Win Gold and Bronze Stevie 2022 International Business Awards - Business Wire

New Bull Market or Recession? 3 Tech Stocks That Will Thrive Either Way – The Motley Fool

As of this writing, the S&P 500 and Nasdaq Composite indexes are down a respective 10% and 17% so far in 2022. The global economy is slowing down, and some economists (and very loud market pundits) still think a recession is possible this year or next. And yet, stocks have rallied sharply off of their lows in mid-June.

Data by YCharts.

Has a new bull market begun, or will recession send stocks lower? It's difficult to say. Either way, though, focusing on quality businesses that can grow despite macroeconomic issues is the way to go if you're a long-term investor. Three Fool.com contributors think Alphabet (GOOGL -2.53%) (GOOG -2.58%), LiveRamp Holdings (RAMP -2.98%), and Marvell Technology Group (MRVL -4.16%) will thrive no matter what happens next. Here's why.

Billy Duberstein (Alphabet): Unsure of the way the economy's going to go? Then it's time to invest in companies with both offensive and defensive qualities. And I can't think of a better example than Alphabet, the parent company of Google.

On defense, Alphabet has three key attributes. First, Alphabet's core search business is an effective monopoly on global search, with more than 91% market share as of last month.

Not only does Alphabet have a near-monopoly on search, but search itself is a pretty defensive business, given that it doesn't require as much third-party data to effectively target ads. That's in contrast to social media platforms, which have been hurt by last year's IDFA privacy regulations that have limited their targeting capabilities. In a difficult advertising environment, Google search still grew 13.5% year over year last quarter, much better than the social media competitors, which all struggled. When prospective customers enter their search terms, they often have strong intentions of buying a product. For that reason, search ads are probably one of the last things advertisers would cut in an ad spending pullback.

Another defensive quality is Alphabet's balance sheet, which has $125 billion in cash as of the end of the second quarter, with only $14.7 billion in long-term debt. Alphabet has been ramping up its buybacks in recent years, so if its stock price falls lower or stays at these lower levels, management can retire that much more stock without sacrificing growth opportunities. The company has a $70 billion buyback program currently underway, which could retire 4.5% of Alphabet's stock at today's market cap.

Third, Alphabet is a rising player in cloud computing. A late starter with the third-highest market share, Alphabet's Google Cloud Platform has still been growing nicely, up 35.6% last quarter to a $19 billion run rate. Since corporate customers generally save money and gain flexibility when they switch to the cloud, the cloud computing industry should remain relatively resilient on the whole, even if the economy goes into a downturn.

On the offensive side, if the economy improves, ad budgets will go up. That will not only benefit search advertising, but also Google's ad networks and YouTube, which has been growing viewership but has seen its growth take a hit amid the recent ad slowdown. Alphabet also has significant investments in artificial intelligence (AI) and new-age moonshot "other bets" projects that could receive more adoption if economic conditions improve. These include ventures in health data, fiber broadband, and self-driving car company Waymo, among others.

Given the softer macroeconomic backdrop, CEO Sundar Pichai recently sent a companywide email saying, "We need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we've shown on sunnier days."

So even though Alphabet remains highly profitable and has been weathering the current environment much better than others, Pichai is still pushing employees to do more with less. That should make Alphabet a defensive play that could surprise to the upside.

Anders Bylund (LiveRamp): Data management and analytics expert LiveRamp Holdingsoffers a rare combination of robust growth and bargain-bin stock prices.

The company has close ties to the digital advertising market, where other businesses rely on its privacy-enhanced data collection and analysis tools to build and support their online marketing campaigns. LiveRamp's closest rivals tend to trade at sky-high valuations, often north of 20 times trailing sales. But this stock has been thrown out with the market's bathwater, changing hands at just 2.7 times sales today.

At the same time, LiveRamp has more than doubled its sales in four years. Data-driven advertising is a hot topic and this company is a veteran in that field. As a result, the company crushed Wall Street's estimates across the board in the recently reported first quarter of fiscal year 2023. Yet the stock keeps setting new multiyear lows, diving to prices not seen since 2018.

LiveRamp's high-margin Software-as-a-Service (SaaS) platform generates solid cash profits. The company reported free cash flows of $56 million over the last four quarters, based on $552 million in top-line revenue. LiveRamp's balance sheet holds $508 million of cash equivalents and zero long-term debt. Furthermore, LiveRamp's privacy-respecting data analytics platform is not easily replaced, which makes its customers highly loyal.

In short, LiveRamp's stock deserves the same double-digit price-to-sales ratios as SaaS giants Snowflakeand The Trade Desk, both of which also happen to be close LiveRamp partners. Dollar-based net retention ratios clocked in at 113% in the first quarter, for example.

This stock is poised for a tremendous rebound. If there's another recession in the cards, it would only delay LiveRamp's return to a reasonable valuation. That looks like a lucrative journey if you're buying the stock at these bargain-bin prices.

Nicholas Rossolillo (Marvell Technology Group): Everyone knows top semiconductor names like Nvidiaand Advanced Micro Devices are making serious hay right now from a fast-evolving data center industry. But there are other chip companies getting massive lift from data center construction, AI, and related technology movements. If you haven't heard of it yet, let me introduce you to Marvell Technology Group.

Marvell has been around since the mid-1990s, designing chips for networking infrastructure. Its data processing units (DPUs) are at the heart of its semiconductor portfolio. These DPUs are specialized circuits responsible for moving and processing massive amounts of data within a data center. Nvidia has called the DPU the "third pillar of the computing world" along with central processing units (CPUs) and graphics processing units (GPUs).

Over the years, Marvell has steadily acquired smaller peers to expand into adjacent networking hardware like data center switches, data storage controllers, and ethernet products. As a result, Marvell is now a leader in networking hardware for applications from AI to cybersecurity to automotive computing. In fact, even though consumer electronics spending is poised for a cyclical decline in the second half of 2022, data centers and adjacent markets like 5G network infrastructure are still flying high. Most of Marvell's revenue is derived from these sources, not consumer products, so it is likely to remain in growth mode.

For reference, Marvell reported sales of $1.45 billion in the first quarter of fiscal 2023, ended April 30, and forecast a very healthy sequential increase in sales for Q2 ($1.515 billion at the midpoint of guidance). Management will report on Q2 on Aug. 25. Ahead of the quarterly report, Marvell stock trades for 41 times enterprise value to earnings before interest, taxes, depreciation, and amortization (EBITDA). It's a premium price tag, but rapidly improving as Marvell digests the effects of a couple of acquisitions in 2021. I'm a buyer right now.

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New Bull Market or Recession? 3 Tech Stocks That Will Thrive Either Way - The Motley Fool

What is Cloud Computing? Everything You Need to Know

What is cloud computing?

Cloud computing is a general term for anything that involves delivering hosted services over the internet. These services are divided into three main categories or types of cloud computing: infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS).

A cloud can be private or public. A public cloud sells services to anyone on the internet. A private cloud is a proprietary network or a data center that supplies hosted services to a limited number of people, with certain access and permissions settings. Private or public, the goal of cloud computing is to provide easy, scalable access to computing resources and IT services.

Cloud infrastructure involves the hardware and software components required for proper implementation of a cloud computing model. Cloud computing can also be thought of as utility computing or on-demand computing.

The name cloud computing was inspired by the cloud symbol that's often used to represent the internet in flowcharts and diagrams.

Cloud computing works by enabling client devices to access data and cloud applications over the internet from remote physical servers, databases and computers.

An internet network connection links the front end, which includes the accessing client device, browser, network and cloud software applications, with the back end, which consists of databases, servers and computers. The back end functions as a repository, storing data that is accessed by the front end.

Communications between the front and back ends are managed by a central server. The central server relies on protocols to facilitate the exchange of data. The central server uses both software and middleware to manage connectivity between different client devices and cloud servers. Typically, there is a dedicated server for each individual application or workload.

Cloud computing relies heavily on virtualization and automation technologies. Virtualization enables the easy abstraction and provisioning of services and underlying cloud systems into logical entities that users can request and utilize. Automation and accompanying orchestration capabilities provide users with a high degree of self-service to provision resources, connect services and deploy workloads without direct intervention from the cloud provider's IT staff.

Cloud computing can be separated into three general service delivery categories or forms of cloud computing:

Private cloud services are delivered from a business's data center to internal users. With a private cloud, an organization builds and maintains its own underlying cloud infrastructure. This model offers the versatility and convenience of the cloud, while preserving the management, control and security common to local data centers. Internal users might or might not be billed for services through IT chargeback. Common private cloud technologies and vendors include VMware and OpenStack.

In the public cloud model, a third-party cloud service provider (CSP) delivers the cloud service over the internet. Public cloud services are sold on demand, typically by the minute or hour, though long-term commitments are available for many services. Customers only pay for the central processing unit cycles, storage or bandwidth they consume. Leading public CSPs include AWS, Microsoft Azure, IBM and Google Cloud Platform (GCP), as well as IBM, Oracle and Tencent.

A hybrid cloud is a combination of public cloud services and an on-premises private cloud, with orchestration and automation between the two. Companies can run mission-critical workloads or sensitive applications on the private cloud and use the public cloud to handle workload bursts or spikes in demand. The goal of a hybrid cloud is to create a unified, automated, scalable environment that takes advantage of all that a public cloud infrastructure can provide, while still maintaining control over mission-critical data.

In addition, organizations are increasingly embracing a multi-cloud model, or the use of multiple IaaS providers. This enables applications to migrate between different cloud providers or to even operate concurrently across two or more cloud providers.

Organizations adopt multi-cloud for various reasons. For example, they could do so to minimize the risk of a cloud service outage or to take advantage of more competitive pricing from a particular provider. Multi-cloud implementation and application development can be a challenge because of the differences between cloud providers' services and APIs.

Multi-cloud deployments should become easier, however, as providers' services and APIs converge and become more standardized through industry initiatives such as the Open Cloud Computing Interface.

A community cloud, which is shared by several organizations, supports a particular community that shares the same concerns -- e.g., the same mission, policy, security requirements and compliance considerations. A community cloud is either managed by these organizations or a third-party vendor and can be on or off premises.

Cloud computing has been around for several decades now, and today's cloud computing infrastructure demonstrates an array of characteristics that have brought meaningful benefits for businesses of all sizes. Some of the main characteristics of cloud computing are the following:

These characteristics support a variety of important benefits for modern business, including the following:

Despite the clear upsides to relying on cloud services, cloud computing carries its own challenges for IT professionals:

Cloud computing has evolved and diversified into a wide array of offerings and capabilities designed to suit almost any conceivable business need. Examples of cloud computing capabilities and diversity include the following:

So, how is the cloud actually used? The myriad services and capabilities found in modern public clouds have been applied across countless use cases, such as the following:

Given the many different services and capabilities of the public cloud, there has been some confusion between cloud computing and major uses, such as web hosting. While the public cloud is often used for web hosting, the two are quite different. A cloud service has three distinct characteristics that differentiate it from traditional web hosting:

The cloud service market has no shortage of providers. The three largest public CSPs that have established themselves as dominant fixtures in the industry are the following:

Other major CSPs include the following:

When considering a cloud service vendor, certain considerations should be taken. First, the actual suite of services can vary between providers, and business users must select a provider that offers services -- such as big data analytics or artificial intelligence (AI) services -- that support the intended use case.

Though cloud services typically rely on a pay-per-use model, different providers often have variations in their pricing plans to consider. Furthermore, if the cloud provider will be storing sensitive data, physical location of the provider's servers should also be considered.

Naturally, reliability and security should be top priorities. A provider's service-level agreement should specify a level of service uptime that is satisfactory to client business needs. When considering different cloud vendors, close attention should be given to what technologies and configuration settings are used to secure sensitive information.

Security remains a primary concern for businesses contemplating cloud adoption -- especially public cloud adoption. Public CSPs share their underlying hardware infrastructure between numerous customers, as the public cloud is a multi-tenant environment. This environment demands significant isolation between logical compute resources. At the same time, access to public cloud storage and compute resources is guarded by account login credentials.

Many organizations bound by complex regulatory obligations and governance standards are still hesitant to place data or workloads in the public cloud for fear of outages, loss or theft. However, this resistance is fading, as logical isolation has proven reliable and the addition of data encryption and various identity and access management tools have improved security within the public cloud.

Ultimately, the responsibility for establishing and maintaining a secure cloud environment falls to the individual business user that is responsible for building the workload's architecture -- the combination of cloud resources and services in which the workload runs -- and implementing the security features that the cloud provider offers.

The history and evolution of cloud computing date back to the 1950s and 1960s.

In the 1950s, companies started to use large mainframe computers, but it was too expensive to buy a computer for each user. So, during the late 1950s and early 1960s, a process called time sharing was developed to make more efficient use of expensive processor time on the central mainframe.

Time sharing enabled users to access numerous instances of computing mainframes simultaneously, maximizing processing power and minimizing downtime. This idea represents the first use of shared computing resources, the foundation of modern cloud computing.

The origins of delivering computing resources using a global network are, for the most part, rooted in 1969 when American computer scientist J.C.R. Licklider helped create the Advanced Research Projects Agency Network, the so-called precursor to the internet. Licklider's goal was to connect computers across the globe in a way that would enable users to access programs and information from any location.

In the 1970s, cloud computing began taking a more tangible shape with the introduction of the first VMs, enabling users to run more than one computing system within a single physical setup. The functionality of these VMs led to the concept of virtualization, which had a major influence on the progress of cloud computing.

In the 1970s and 1980s, Microsoft, Apple and IBM developed technologies that enhanced the cloud environment and advanced the use of the cloud server and server hosting. Then, in 1999, Salesforce became the first company to deliver business applications from a website.

In 2006, Amazon launched AWS, providing such services as computing and storage in the cloud. Following suit, the other major tech players, including Microsoft and Google, subsequently launched their own cloud offerings to compete with AWS.

Over 30% of enterprise IT decision-makers identified public cloud as their top priority in 2019, according to the "RightScale 2019 State of the Cloud Report." Still, enterprise adoption of the public cloud, especially for mission-critical applications, hasn't been happening as quickly as many experts predicted.

Today, however, organizations are more likely to migrate mission-critical workloads to public clouds. One of the reasons for this shift is that business executives who want to ensure that their companies can compete in the new world of digital transformation are demanding the public cloud.

Business leaders are also looking to the public cloud to take advantage of its elasticity, modernize internal computer systems, and empower critical business units and their DevOps teams.

Additionally, cloud providers, such as IBM and VMware, are concentrating on meeting the needs of enterprise IT, in part by removing the barriers to public cloud adoption that caused IT decision-makers to shy away from fully embracing the public cloud previously.

Generally, when contemplating cloud adoption, many enterprises have been mainly focused on new cloud-native applications -- that is, designing and building applications specifically intended to use cloud services. They haven't been willing to move their most mission-critical apps into the public cloud. However, these enterprises are now beginning to realize that the cloud is ready for the enterprise if they select the right cloud platforms, i.e., those that have a history of serving the needs of the enterprise.

Cloud providers are locked in ongoing competition for cloud market share, so the public cloud continues to evolve, expand and diversify its range of services. This has led public IaaS providers to offer far more than common compute and storage instances.

For example, serverless, or event-driven, computing is a cloud service that executes specific functions, such as image processing and database updates. Traditional cloud deployments require users to establish a compute instance and load code into that instance. Then, the user decides how long to run -- and pay for -- that instance.

With serverless computing, developers simply create code, and the cloud provider loads and executes that code in response to real-world events so users don't have to worry about the server or instance aspect of the cloud deployment. Users only pay for the number of transactions that the function executes. AWS Lambda, Google Cloud Functions and Azure Functions are examples of serverless computing services.

Public cloud computing also lends itself well to big data processing, which demands enormous compute resources for relatively short durations. Cloud providers have responded with big data services, including Google BigQuery for large-scale data warehousing and Microsoft Azure Data Lake Analytics for processing huge data sets.

Another crop of emerging cloud technologies and services relates to AI and machine learning. These technologies provide a range of cloud-based, ready-to-use AI and machine learning services for client needs. Amazon Machine Learning, Amazon Lex, Amazon Polly, Google Cloud Machine Learning Engine and Google Cloud Speech API are examples of these services.

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What is Cloud Computing? Everything You Need to Know

Submit nominations for the most important people building the cloud – Business Insider

No one needs to be told that Amazon CEO Andy Jassy or Microsoft CEO Satya Nadella are among the most powerful people in cloud computing.

Yet, for mere mortals looking to build and grow their careers in this all-important technology, knowing such info is hardly helpful; titans like Jassy or Nadella are completely inaccessible to connect with and learn from.

But there are armies of important people doing the hands-on work of building key cloud technologies who could have a direct and meaningful impact on an individual's career. They are the managers running key projects at cloud computing firms, the CIOs and IT pros building cutting-edge projects, the leaders at startups and newly public cloud vendors,the developers running key open source projects, and the power-broker recruiters that match-make between it all.

Insider is seeking nominations of such people for a new project publishing later this year intended to highlight and honor them.

Do you know of some? Please fill out the form below by August 24 to tell us about the person and how they are impacting their corner of the cloud computing universe.

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Submit nominations for the most important people building the cloud - Business Insider

Cloud IaaS revenues to hit $156bn by 2023 – New Telegraph Newspaper

Public cloud Infrastructure as a service (IaaS) revenues are expected to rise significantly over the coming years, from around $50 billion in 2020 to over $156 billion by 2023. IaaS, one of the features of cloud computing, accounted for over a quarter of the overall cloud computing market in 2020.

The global cloud market was valued at $70.19 billion in 2021. That number is expected to grow to $83.41 billion in 2022. The cloud market is expected to have an annual growth rate of 19.1 per cent for the entire industry and, by 2029, the cloud market industry is forecast to be worth $376.37 billion. However, the cloud infrastructure market share is expected to decrease in favour of the promising development of the platform as a service (PaaS) market. Nonetheless, the largest segment in the overall cloud computing market is and will continue to be SaaS, with over $208 billion in annual revenue. In the IaaS market, the largest companies by revenue are Amazon (Web Services), Microsoft (Azure), and Google (Compute Engine), as well as the Chinese multinational technology company Alibaba. AWS market share is about 32 per cent of the total cloud service market. Amazon has become the biggest chunk of the remaining top contenders such as Google and Microsofts Azure.

As of Q421, the Google Cloud market share was nine per cent worldwide. Revenue growth has consistently been up to 45 per cent over the past several years. Huawei Cloud IaaS revenue surged by a stunning 202.8 per cent, placing it in the top five list of cloud IaaS providers in the world, according to a report from market research firmGartner Inc. According to the research firm, this is the second consecutive year of over 200 per cent growth for Huawei Cloud in the IaaS market, braking Huawei Cloud into the top five IaaS vendors with 4.2 per cent in global market share. Despite Amazon being the largest vendor of cloud infrastructure by some margin, its hold over the market may lessen as Google and Microsoft make headway, with sur-veys suggesting cloud services companies are fighting for a piece of the cloud IaaS market. The major hardware IT infrastructure providers for the IaaS cloud market are Dell, HPE, Inspur, Cisco and Lenovo, representing around 45 per cent of the market combined. Original design manufacturers also play a significant role in the market, making up around one-third of the total market. Alongside software as a service (SaaS) and platform as a service (PaaS), infrastructure as a service (IaaS) is one of the core service models of cloud computing. Under the IaaS model, customers (often enterprises rather than individuals) are permitted to provision and access virtualised hardware and resources such as servers, networks, storage, or virtual machines.

In other words, the customer does not hold responsibility for maintaining or developing these resources, but instead, is free to focus on managing higher-level resources, such as the platform, the operating system, or the necessary software. In this way, customers pay only for what they consume. Also, providers are free to sell unused resources, leading to a substantial opportunity for cost savings and efficiency gains on both sides. Despite the eminent challenges faced in a developing country like Nigeria, deployment of cloud computing has been thriving in finance, business and oil sectors of the country. Suggestions on expanding participants of cloud computing to include small and medium scale enterprises, health sector and others were proffered. Speaking on the policy guiding cloud computing in Nigeria, the Minister of Communications and Digital Economy, Mallam Isa Pantami, said: The need to make these computing resources available and accessible is critical to the countrys continuous growth and sustainable development. The countrys Economic Recovery and Growth Plan (ERGP) recognises information technologies as an enabler for promoting a digital-led growth. Digitalled growth cannot happen except the country has policy direction peculiar to her environment for supporting the government and SMEs to acquire and deploy computing resources in the most efficient manner. Cloud Computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g. networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service interaction. Adoption of Cloud Computing policy by Nigerian Government will lead to capital costs reduction, improved responsiveness to citizens or customers needs, increased transparency and enhanced public service delivery. In addition, cloud computing adoption will also support Small Medium Enterprise (SMEs) that provide IT-enabled services to the government cross the barrier of initial IT capital investments and ensure there is a provision suitable for cloud procurement in the countrys procurement requirements. This will facilitate creation of new set of jobs and add value to the economy. Therefore, the Nigeria Cloud Computing Policy (NCCP) is promoting Cloud First as a proposition to federal public institutions (FPIs) and SMEs as an efficient way of acquiring and deploying computing resources for better and improved quality of digital services.

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Cloud IaaS revenues to hit $156bn by 2023 - New Telegraph Newspaper