Category Archives: Cloud Computing
IBM Stock Offers a Winning Combination of Growth and Value – InvestorPlace
When it comes to growth opportunities in tech, International Business Machines (NYSE:IBM) and IBM stock may not be what first comes to mind. In fact, many investors may see it as old news.
But taking a closer look, its clear this company differs greatly from this common perception. It may be on course to see its growth reaccelerate from here.
How? In the past year, IBM has continued to focus on faster-growing areas of tech like hybrid cloud computing. Success in this area could in time move the needle. Compare this to its low valuation and high dividend yield, and theres a lot to like here.
In recent years, IBM has seen little in the way of revenue and earnings growth. With this, not only would most describe it as a value stock, many would describe it as a value trap. That is, a cheap stock that becomes even cheaper due to the lackluster performance of its operating business.
Yet in recent quarters, it appears the company has started to turn a corner. With the spinoffof Kyndryl (NYSE:KD) last November, IBM was able to further remove a major slow-growing, low-margin operating segment. Now, International Business Machines consists largely of faster-growing, higher-margin segments like hybrid cloud software, hybrid cloud infrastructure and consulting.
As a result, the company has reported solid numbers in recent quarters. For example, in its most recently completed quarter, it reported overall revenue growth of 9%. On a constant currency basis, top-line growth came in at 16%. According to Barrons, IBM stock investors havent seen that type of revenue growth in over two decades.
Its a work in progress, but IBM may be well on the path toward becoming a growth stock once again.
Despite the prospect of higher growth ahead, IBM stock continues to trade at a low earnings multiple. At todays prices, its forward multiple stands at around 14.7x. If its growth reacceleration continues, it could easily see its forward valuation get a moderately high boost.
Coupled with increased earnings, this may result in significant upside for shares. Nearly a decade ago, the stock traded for between $175 and $200 per share. A return to such levels could happen.
In the meantime, IBM will pay you while you wait for its growth transformation to finish playing out. Right now, the stock pays out around $6.60 per share in dividends annually. That gives shares a forward dividend yield of around 4.7%. Even in todays rising rate environment, that still counts as high yield.
Furthermore, this stock has a track record of dividend growth. The company has raised its dividend 28 years in a row. Over a long timeframe, these steadily increasing payouts can boost your total return.
IBM stock earns a B rating in my Portfolio Grader. Among stocks in the tech sector, there are many names with impressive growth prospects that trade at a premium valuations and have little to offer when it comes to dividends.
There are also many tech stocks that trade at low valuations, and have high dividend yields, but offer little in the way of upside potential. With this tech stock, though, you may be getting the best of all three. A winning combination of growth and value.
That said, dont be surprised if its performance in the immediate term is underwhelming. The market is still digesting macroeconomic uncertainties like inflation, rising interest rates and a possible recession.
Nevertheless, if you have a long time horizon, IBM stock is a great opportunity. Collect a steady dividend yield all while its transformation takes shape.
On the date of publication, neither LouisNavellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.
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IBM Stock Offers a Winning Combination of Growth and Value - InvestorPlace
Infrastructure as code and your security team: 5 critical investment areas – VentureBeat
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The promises of Infrastructure as Code (IaC) are higher velocity and more consistent deployments two key benefits that boost productivity across the software development lifecycle.
Velocity is great, but only if security teams are positioned to keep up with the pace of modern development. Historically, outdated practices and processes have held security back, while innovation in software development has grown quickly, creating an imbalance that needs leveling.
IaC is not just a boon for developers; IaC is a foundational technology that enables security teams to leapfrog forward in maturity. Yet, many security teams are still figuring out how to leverage this modern approach to developing cloud applications. As IaC adoption continues to rise, security teams must keep up with the fast and frequent changes to cloud architectures; otherwise, IaC can be a risky business.
If your organization is adopting IaC, here are five critical areas to invest in.
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Constantly putting out fires from one project to the next has created a challenge for security teams to find the time and resources to prioritize building foundational security design patterns for cloud and hybrid architectures.
Security design patterns are a required foundation for security teams to keep pace with modern development. They help solution architects and developers accelerate independently while having clear guardrails that define the best practices security wants them to follow. Security teams also get autonomy and can focus on strategic needs.
IaC provides new opportunities to build and codify these patterns. Templatizing is a common approach that many organizations invest in. For common technology use cases, security teams establish standards by building out IaC templates that meet the organizations security requirements.By engaging early with project teams to identify security requirements up front, security teams help incorporate security and compliance needs to give developers a better starting point to build their IaC.
However, templatization is not a silver bullet. It can add value for select commonly used cloud resources, but requires an investment in security automation to scale.
As your organization matures in its use of IaC, your cloud architectures become more complex and grow in size. Your developers are able to rapidly adopt new cloud architectures and capabilities, and youll find that static IaC templates do not scale to address the dynamic needs of modern cloud-native applications.
Every application has different needs, and each application development team will inevitably alter the IaC template to fit the unique needs of that application. Cloud service provider capabilities change daily and make your IaC security template a depreciating asset that becomes stale quickly. A large investment in governance to scale is required for security teams, and it creates significant work for your SMEs to manage exceptions.
Automation that relies on security as code offers a solution and enables your resource-constrained security teams to scale. In fact, it may be the only viable approach to address cloud-native security. It allows you to codify your design patterns and apply security dynamically to tailor to your application use-case.
Managing your security design pattern using security as code has several benefits:
The ratio of developers to ops to security resources is sometimes something like 100:10:1. I recently talked to an organization that has 10,000 developers and 3 AppSec engineers. The only viable way for a team like this to scale and prioritize their time efficiently is to rely on automation to force multiply their security expertise.
Once you reach sufficient maturity in your IaC adoption, youll want all changes to be made through code. This allows you to lock down other channels (that is, cloud console, CLIs) of change and build on good software development governance processes to ensure that every code change gets reviewed.
Security automation that is seamlessly integrated into your development pipeline can now assess every change to your cloud-native apps and provide visibility into any potential inherent risks, avoiding time-consuming manual reviews. This lets you build mature governance processes that ensure security issues are remediated and compliance requirements are met.
Along your journey to IaC maturity, changes will be made to your cloud environment through IaC, as well as traditional channels such as the CSP console or command-line tools. When developers make direct changes to deployed environments, you lose visibility, and this can lead to significant risk. Additionally, your IaC will no longer represent your source of truth, so assessing your IaC can give you an incomplete picture.
Investing in drift detection capabilities that validate your deployed environments against your IaC can ensure that any drift is immediately detected and remediated by pushing a code change to your IaC.
Security teams should put emphasis on the developer workflow and experience and seek to continuously reduce friction to implement security. Having developer champions within security that understand the challenges developers face can help ensure that security automation is serving the needs of the developer. Similarly, security champions within development teams can help generate awareness around security and create a positive feedback loop to help improve the design patterns.
IaC can be a risky business, but it doesnt have to be. Higher velocity and more consistent deployments are in sight, as long as youre able to invest in the right places. By being strategic and intentional and investing in the necessary areas, the security team at your organization will be best positioned to keep up with the fast and frequent changes during IaC adoption.
Are you ready to take advantage of what IaC has to offer? Theres no better time than now.
Aakash Shah is CTO and cofounder of oak9
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Infrastructure as code and your security team: 5 critical investment areas - VentureBeat
Covid-19 paves way for rapid growth of cloud computing – Nation Thailand
As one of the major developers of EHR in the market, Oracle plans to integrate its own Voice Digital Assistant with Cerner's software to make it easy to use and give doctors quick access to patient data. It is also preparing to launch EHR software on the public cloud.
On January 27, 2010, Oracle Corporation completed its acquisition of Sun Microsystems, which had only been a software vendor prior to the merger. It now owns both of Sun's hardware product lines, such as SPARC Enterprise, and Sun's software product lines, including the Java programming language.
Oracle usually acquires new businesses, literally every month in a year. The acquisition of Sun Microsystems helped support our enterprise systems. For example, a customer may take nine hours to run a system, which will now take only 1.4 hours. That means a huge cost-saving, said Taveesak.
Oracle's challenge is to provide its customers with specific technologies that enable them to achieve their commercial goals through their newly acquired abilities to use the cloud computing service, he said.
As a result of this encouragement and opportunity, Oracle customers have made a long-lasting positive impact on both industries and communities, he added.
According to Taveesak, retail is the Thai business sector that will use cloud computing the most. Oracle has volunteered to help businesses operate without worrying about investment due to the need to adapt to its customers in the new normal era.
Recently, CP Group decided to use AI by utilising Oracle's cloud-based financial accounting system to manage corporate finances effectively in online shopping and in over 2,000 branches, including Lotus Malaysia.
In terms of sustainability, Oracle believes that it is at the heart of business operations, from managing natural resource uses to ensuring responsible supply chain practices and running global sustainable events.
Oracle cloud allows its customers to not only increase business value but also reduce their environmental impact, given the fact that cloud computing and AI are now related to sustainability requirements, he said.
The advantages of environmental, social, governance (ESG) programs can be extended throughout the organisation.
First, the company can save money by reducing waste.
Second, they can protect customers' human rights and mental health.
Finally, when organisations have a diverse leadership supported by a strong governance framework, employee morale improves and it is easier to retain top talent, Taveesak added.
"Business partners must adhere to ESG standards. It is no longer something nice to have or optional to have going forward. The benchmark set by ESG is rising to a new level. AI and cloud computing will be vital in the evolution," he predicted.
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Covid-19 paves way for rapid growth of cloud computing - Nation Thailand
Cloud Computing in Higher Education Market Insight, Future Assessment, Latest Trends, and Forecast 2022-2030 – Taiwan News
The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the market forglobal cloud computing in higher education marketfromUS$ 2,693.5 Millionin 2021 toUS$ 15,180.1 Millionby 2030. The market is anticipated to grow at a CAGR of 22% during the forecast period 2022-2030.
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Cloud computing in higher education provides an online platform for educational institutes through various applications and subscription models. In this era of technology, employing latest IT technologies and services in higher education assists teachers, administrators and students in their education related activities. Cloud computing in higher education centrally manages the various business processes such as student and course management, helps teachers in uploading learning materials, students to access their homework, administrators to easily collaborate with each other and library management among others. Cloud computing segment is gaining majority of the spenders from high income group as well as skilled share of people from around the world.
On the basis of institute type, the technical schools are estimated to hold the highest market share in 2021 and is also expected to project the highest CAGR over the forecast period owing to increasing demand for cloud computing in technical schools. Moreover, based on ownership, private institutes segment is anticipated to hold the largest market share owing to increasing funding in private institutes for adoption of cloud computing services. Whereas, the public institutes segment is expected to grow at the highest CAGR over forecast period. Furthermore, in terms of application, administration application holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning. In addition to this, by deployment, the hybrid cloud segment held the largest market share in 2021.
Market Dynamics and Trends
Drivers
The increasing adoption of SaaS based cloud platforms in higher education, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in education and increasing application of quantum computing in education sector will boost the global cloud computing in higher education market during the forecast period. Software-as-a-Service (SaaS) is a type of delivery model of cloud computing. In the higher education sector, SaaS applications include hosting various management systems for educational institutes and managing other activities. Moreover, higher education industry witnesses an increased adoption of e-learning due to its easy accessibility and high effectiveness. Users such as drop-outs, transfer learners, full-time employees are increasingly relying on e-learning trainings and education to upgrade their skills. Furthermore, higher education institutes are rapidly moving towards cloud-based services to save an intensive IT infrastructure cost and boost efficiency of operations.
Restraints
Cybersecurity and data protection risks, lack of compliance to the SLA and legal and jurisdiction issues is a restraining factor which inhibits the growth of the market during the forecast period. Issues related to data privacy pose threats in interest to mitigation of higher education institutions to the cloud. There are federal regulations for higher education institutes along with state and local laws to manage information security in the education environment. Moreover, the level of complexity in the cloud is high, which usually complies with several service providers and thus makes it hard for users to make changes or intervene. Also, the cloud computing industry faces various legal and jurisdiction issues that can run into years due to regional laws.
Cloud Computing in Higher Education Market Country Wise Insights
North America Cloud Computing in Higher Education Market-
US holds the major share in terms of revenue in the North America cloud computing in higher education market in 2021 and is also projected to grow with the highest CAGR during the forecast period. Moreover, in terms of institute type, technical schools hold the largest market share in 2021.
Europe Cloud Computing in Higher Education Market-
Western Europe is expected to project the highest CAGR in the Europe cloud computing in higher education market during forecast period. Wherein, Germany held the major share in the Europe market in 2021 because there is high focus on innovations obtained from research & development and technology adoption in the region.
Asia Pacific Cloud Computing in Higher Education Market-
India is the highest share holder region in the Asia Pacific cloud computing in higher education market in 2021 and is expected to project the highest CAGR during the forecast period owing to potential growth opportunities, as end users such as schools and universities are turning toward cloud services in order to offer high quality services that help users to collaborate, share and track multiple versions of a document.
South America Cloud Computing in Higher Education Market-
Brazil is projected to grow with the highest CAGR in the South America cloud computing in higher education market over the forecast period. Furthermore, based on ownership, private institutes segment holds the major share in 2021 in the South America cloud computing in higher education market owing to increasing funding in private institutes for adoption of cloud computing services.
Middle East Cloud Computing in Higher Education Market-
Egypt is the highest share holder region in 2021 and UAE is projected to grow with the highest CAGR during the forecast period. Moreover, in terms of application, administration holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning.
Africa Cloud Computing in Higher Education Market-
South Africa is the highest share holder region in the Africa cloud computing in higher education market in 2021. Furthermore, by deployment, the private cloud segment is expected to witness the highest CAGR during forecast period due to the security benefits provided by the private deployment of the cloud.
Competitive Insights
Global Cloud Computing in Higher Education Market is highly competitive in order to increase their presence in the marketplace. Some of the key players operating in the global cloud computing in higher education market include Dell EMC, Oracle Corporation, Adobe, Inc., Cisco Systems, Inc., NEC Corporation, Microsoft Corporation, IBM Corporation, Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc and Alibaba Group among others.
Segmentation Overview
Global Cloud Computing in Higher Education Market is segmented based on institute type, ownership, application, deployment and region. The industry trends in the global cloud computing in higher education market are sub-divided into different categories in order to get a holistic view of the global marketplace.
Following are the different segments of the Global Cloud Computing in Higher Education Market:
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By Institute Type segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:
By Ownership segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:
By Application segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:
By Deployment segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:
By Region segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:
North America
Europe
Western Europe
Eastern Europe
Asia Pacific
South America
Middle East
Africa
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Cloud Computing in Higher Education Market Insight, Future Assessment, Latest Trends, and Forecast 2022-2030 - Taiwan News
Why Hybrid Cloud Models Are the Key to Success – Data Center Frontier
Its no secret that enterprise workloads are growing in complexity. To meet the needs of their organizations, IT leaders must evolve how these workloads are processed. This means they must leverage the strengths of on-site data centers, cloud, and colocation by selecting the most appropriate tool for the application, workload and desired outcome.
This is a big shift in a data center paradigm that has long been focused on being a centralized resource. To be successful, todays data centers must incorporate colocation as well as public and hybrid cloud models.
Hybrid Cloud, featuring NTT, explores why enterprises are building the most effective ecosystem for their needs by mixing and matching data center, cloud, and colocation. Check out our recent article series focused on the special report:
Data Center, Cloud, AND Colocation, Not Data Center vs. Cloud vs. Colocation:In this article, we look at some of the pros and cons of private clouds, public clouds, and colocation when it comes to meeting growing workload requirements. We evaluate each in terms of things like security, stability, expansion, costs, flexibility, and performance.
From Data Center to Cloud and Back: Cloud Repatriation & the Edge:In our second article in the series, we dive into how cloud repatriation and edge computing are impacting enterprise infrastructure needs and requirements. In terms of cloud repatriation, we discuss bringing workloads home, or to on-premises infrastructure. When it comes to edge computing, we look at the different definitions and requirements of todays IT environment.
Balancing the Benefits of Data Center, Cloud, and Colocation Solutions: This article explores some of the benefits and limits of data center, cloud, and colocation solutions. We explain why data center solutions are often the anchor for an IT organization, the cloud is easy but can limit scale and customization, and colocation is where retail and hyperscale converge.
AI, Autonomous Vehicles and Crypto Drive Future Compute Requirements: Our final article of the series looks at how new technologies like artificial intelligence, anything-as-a-service, autonomous vehicles, real-time analytics, finance, and cryptocurrency are driving current and future compute needs.
Download the entire special report Hybrid Cloud, courtesy of NTT, to learn more.
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Why Hybrid Cloud Models Are the Key to Success - Data Center Frontier
Cloud computing emerging as prominent solution for data analytics and storage in Central government – ETTelecom
Representative imageWill Cloud Computing replace the traditional data centers and emerge as the prominent solution for data analytics and storage in government within this decade? Experts say 'yes'.
Known as the on-demand delivery of IT resources over the internet, Cloud computing practices are prevalent in the IT projects of the Central government. Cloud computing is slowly but steadily replacing the traditional data centers in the government.
Public-interface Central ministries are continuing to lead administration reforms using technology. Finance, railways, urban affairs, communication and home are among the departments already making an influential impact in G2G, G2C and G2E services while direct benefit transfer (DBT), driven by the finance ministry is among national schemes, complementing the government's vision, which is now popularly known as digital economy.
Satyajit Rao, senior general manager of the National Institute of Smart Government (NISG), a not-for-profit company incorporated in 2002 by the Government of India and NASSCOM with its head office in Hyderabad, asserted that Within this decade, Cloud computing would replace the traditional data centres and emerge as the prominent solution for data analytics and storage.
Capacity building in Cloud computing for Central and state government officials Fusing the two together, the National e-Governance Division (NeGD) of the Ministry of Electronics and Information Technology (MeitY) organized the first batch of capacity building programme in Cloud computing for government officials of Central line ministries, state/UT departments, mission mode project officers, e-Governance project heads and state e-mission teams.
The programme is designed to build capacities, within the government at both the Central and state levels, by adapting a synchronized approach to ensure the availability of adequate knowledge, appropriate competencies and skill-set to optimally utilise the huge benefits of cloud computing in e-Governance practices.
Projects with cloud computing offer integration management with automated problem resolution, manage security end-to-end, and help budget based on actual usage of data. At a national level, cloud architectures can benefit the government to simultaneously utilize resources optimally and also accelerate the delivery of e-services. Project 'Meghraj', for instance, is an initiative of the Government of India with the aim of GI Cloud (Meghraj) initiative to fast-track delivery of e-services in the country, while optimising information and communications technology (ICT) spending of the government.
Setting the context of the programme, Satya Meena, Director - Capacity Building, NeGD, said, Technology has been leapfrogging over the past two decades and one such technology rapidly scaling up is the Cloud-based systems driving businesses and touching every aspect of our daily lives. Anything that is available via the internet has the service being delivered out of a cloud-based application and IT Infrastructure.
The programmes course director, Satyajit Rao, Senior General Manager, NISG, asserted that Within this decade, Cloud computing would replace the traditional data centres and emerge as the prominent solution for data analytics and storage.
The workshop brought together an array of subject matter experts from the industry, the academia and the government to speak on key domain issues, such as Cloud fundamentals, Indias Cloud journey, Cloud building blocks, procurement of Cloud services, regulatory and policy framework for Cloud, challenges associated with Cloud implementation and future of Cloud on digital transformation, with engaging presentations on successful Cloud use cases.
Session discussions also featured essential training on various components of Cloud computing, such as custom bidding for Cloud services, the establishment of Pay-per-use and billing frequency with Cloud service providers, negotiation instruments for dynamic services under Cloud, best practices in Cloud procurement, focus on the Computing requirements, TRAI and MeitY guidelines on Cloud Computing and ITU global standards on Cloud Computing.
Witnessing attendance from 31 participants - mostly officers from Central Line Ministries, New Delhi and state governments of Delhi, Punjab, Haryana, Goa, Mizoram and Uttarakhand - capacity-building programmes on the theme of cloud computing would move forward with physical programmes to be conducted in the east, west and south zones of India this year.
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Cloud computing emerging as prominent solution for data analytics and storage in Central government - ETTelecom
Nibble at Rebounding Cloud Stocks With This Tech ETF – ETFdb.com
Cloud computing stocks were beloved contributors to a lengthy run of outperformance notched by growth equities, but when that scenario reversed leading into 2022, cloud names were also among the most egregious offenders.
More recently, growth and technology stocks, including cloud names, are rebounding, potentially stoking renewed investor interest in the fast-growing industry. While recent returns are encouraging, the veracity of cloud computing stocks remains to be seen, indicating that risk-averse investors who want in on the action may want to consider an indirect approach.
Enter the Goldman Sachs Future Tech Leaders Equity ETF (GTEK B+). As its name implies, GTEKs point of emphasis is disruptive innovative technology stocks, and its roster includes some cloud equities, but not an excessive overweight to that group.
However, even as cloud stocks were selling off at a dizzying pace in the first half of 2022, the companies behind those stock prices, for the most part, continued to chug along, proving that demand was still robust for their products and services, reported Jordan Novet for CNBC.
Of course, stock picking is tricky, and with a slew of cloud computing stocks having rallied sharply off their July lows, many ordinary investors may feel confounded about where to look in the space and how to adequately position for what could be a lengthy rebound.
GTEK has those investors covered. The fund is actively managed and backed by a deep bench of managers with decades of market experience. As an active fund, GTEK can move more swiftly to capitalize on recovery in cloud computing or any other tech industry. In other words, any investor can access GTEK and leave the stock picking to the professionals.
The cloud sector is getting an added boost from economic data that appears less threatening than it did a month ago. On Wednesday, the U.S. Bureau of Labor Statistics said the prices that consumers pay for goods and services rose more slowly in July than they did in June. Stocks rallied on optimism that the Fed may slow its rate increases, according to CNBC.
Among the cloud stocks Wall Street is constructive on are Atlassian (NASDAQ:TEAM) and Snowflake (NYSE:SNOW), both of which are among the 58 stocks residing in GTEK.
For more news, information, and strategy, visit the Future ETFs Channel.
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Nibble at Rebounding Cloud Stocks With This Tech ETF - ETFdb.com
What is multicloud networking, and why is it necessary? – TechRepublic
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What is multicloud networking? Simply put, its the orchestration of cloud service delivery and the extension of cloud services from one enterprise data center to another. By leveraging multiple clouds, businesses can enjoy a host of benefits, including increased agility, improved performance and enhanced disaster recovery.
Multicloud networking is the practice of using cloud services from multiple, heterogeneous providers. This includes public cloud providers like AWS, Google Cloud Platform, or Microsoft Azure, as well as specialized platform-as-a-service, infrastructure-as-a-service or software-as-a-service providers.
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Multicloud is not the same as hybrid cloud, which blends the use of private and public cloud environments. Rather, multicloud takes a mixed approach, using the best services from various providers to create a custom solution for an organizations specific needs. This approach allows organizations to take advantage of the latest innovations from each vendor while avoiding vendor lock-in and ensuring maximum flexibility. Multicloud networking can be complex, but it provides a powerful way to build a custom, scalable and highly-available cloud infrastructure.
According to the Flexera 2022 State of the Cloud report that surveyed 753 respondents comprising global cloud decision-makers and users, 89% of respondents reported having a multicloud strategy. multicloud remains the de facto standard for enterprise cloud usage, with a clear majority of organizations using two or more clouds.
Figure A
In the Flexera survey, 79% of respondents said they use multiple public clouds, and 60% reported using more than one private cloud an increase from the previous year. The most common architecture is a combination of different public and private clouds.
Figure B
Siloed apps are the most common type of multicloud implementation, where each application is run on a different cloud. This can be beneficial from a cost perspective, as you can choose the most cost-effective option for each app. However, it can also make management more difficult, as you need to maintain multiple console logins and configurations.
Another popular option is DR/failover, where you have a primary cloud that runs your applications and a secondary cloud that kicks in if the primary goes down. This provides increased redundancy and uptime but can be more expensive to maintain.
This involves creating a conduit between two or more clouds in order to allow data to flow between them. This can be done using an intermediary platform, such as an iPaaS, directly connecting the clouds using APIs, web services or ETL tools. Data integration can synchronize data between different cloud environments or move data from one cloud to another.
Another common type of multicloud implementation is workload mobility between clouds. As its name suggests, workload mobility refers to the ability to move workloads or, in other words, the computing tasks that make up an application between different cloud environments.
This can be helpful for several reasons. For one, it gives organizations more flexibility in using cloud resources. For example, if an organization finds that it is using more resources on one cloud than it had originally anticipated, it can quickly and easily move some of its workloads to another cloud provider to avoid overage charges.
Additionally, workload mobility can help improve performance and availability by allowing organizations to shift resources to wherever they are needed most at any given time.
Finally, workload mobility can also help to reduce vendor lock-in levels. Because companies can switch vendors at any point without having to worry about losing access to their data or applications, they are free to choose the provider that best meets their needs without being locked into a single provider.
Worried about data security or compliance issues? You can keep your data on-premises and run your apps in the public cloud, or you can do the reverse and keep your apps on-premises while using the public cloud for storage. The key here is that each application spans both environments, public and private, to take advantage of the benefits of both.
Cloud bursting is a type of cloud computing in which an application that runs on a private cloud or on-premises infrastructure bursts to use resources from a public cloud when it needs additional capacity. Cloud bursting can be used to supplement the capacity of on-premises or private cloud data centers during peak demand, providing flexibility and scalability while minimizing costs.
One advantage of cloud bursting is that it can help to minimize downtime by providing resources from the public cloud when demand exceeds the capacity of the private cloud or data center. However, cloud bursting can also be complex to implement and manage, requiring careful planning to avoid performance issues. As a result, it is often used only by large organizations with the resources to manage a complex multicloud environment effectively.
The paradox of cloud adoption is that vendors lock you into their infrastructure by deliberately making it complex and expensive to migrate. Multicloud networking is essential for avoiding vendor lock-in and maintaining autonomy over ones infrastructure.
First, multicloud networking allows organizations to use multiple vendors for different workloads. This way, if one vendor raises prices or experiences an outage, businesses can simply switch to another provider without incurring significant costs.
Second, multicloud networking provides organizations with more control over their data. With multicloud, businesses can store data in different locations and choose which vendor has access to it. This allows businesses to keep sensitive data off of public clouds where it could be vulnerable to hackers.
Finally, multicloud networking allows organizations to customize their infrastructure to their specific needs. By using multiple vendors, businesses can select the tools and services that best fit their needs rather than being forced to use the one-size-fits-all approach of a single vendor.
By spreading your data and apps across multiple cloud environments, youre less likely to experience a total shutdown if one cloud should fail. In addition, multicloud networking can help to improve performance and reduce costs by taking advantage of the unique capabilities of each platform.
The cloud has become an essential part of modern business, but some organizations have been slow to adopt due to concerns about security and loss of control. Vendors have responded with private cloud solutions that offer more visibility and control, but these can be costly and complex to manage. A more promising solution is multicloud networking, which allows businesses to maintain a hybrid cloud environment that combines the best of both worlds: The security of a private cloud with the cost savings of a public cloud.
By leveraging the strengths of both environments, businesses can ensure that their mission-critical apps and data are always available and secure.
Cloud-based applications are often used by businesses to improve customer experience or create new revenue streams. However, the performance of these apps can be hindered by latency, which is the time it takes for data to travel between the user and the app. To ensure optimal performance, businesses are turning to multicloud networking solutions that offer low latency and high throughput.
Data centers closer to end-users can serve requested data with far fewer server hops, which is critical for global companies that need to deliver data across country borders while still providing a consistent end-user experience.
Multicloud networking enables organizations to take advantage of the unique capabilities of each platform while still maintaining a consistent network infrastructure. It can help to optimize ROI in several ways.
First, it allows businesses to leverage the strengths of each platform, such as increased scalability or lower costs. Second, multicloud networking can help reduce downtime by providing failover capabilities in an outage. Finally, multicloud networks can provide greater flexibility and agility, allowing businesses to quickly and easily adapt to changing needs.
Multicloud networking is a promising solution for businesses that want to improve performance, reduce costs and increase security. By leveraging the strengths of each platform, businesses can create a customized infrastructure that meets their specific needs. In addition, multicloud networking can help to optimize ROI by reducing downtime and increasing flexibility.
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What is multicloud networking, and why is it necessary? - TechRepublic
2022-2023 Cloud Awards Open with New Categories for All Industry Verticals – PR Newswire
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- The Cloud Awards program, also known as the "Oscars" of the international cloud computing industry, is now open for early 2022 entries with new categories servicing a wider range of business areas.
Awards for the 2022-2023 program include 'Best Geospatial or Aviation Cloud Solution,' 'Best Environmental or Green Use of the Cloud,' 'Best Use of Telephony or Unified Communications in Cloud Computing,' and 'Best HR or HRMS Solution.'
Cloud Awards Head of Operations James Williams said: "The Cloud Awards now returns for its 2022-2023 program its eleventh year and we're excited to see new business advancements within the cloud industry.
"The Cloud Awards is an inclusive program tasked with celebrating and recognizing innovation across all sectors. Each year, the program team monitors and usually expands its portfolio of categories to give as many potential Cloud Awards candidates as possible the opportunity to celebrate their successes.
"Candidates from all countries and of any size are encouraged to take part. The cloud computing model is increasingly ubiquitous across all industries, which is why we aim to recognize excellence in cloud computing across every sector worldwide.
"Nominees must show evidence of innovative or market-leading use of cloud technologies within their sector. Across all nominated areas, our judges seek the innovation, original thinking and unprecedented cloud computing solutions worthy of a Cloud Award."
A reduced, 'early-bird' submission cost for a single-category entry to the 2022 Cloud Awards is $495USD, while a multi-category fee of $695 allows consideration in unlimited categories of the Cloud Awards program. This early-entry, reduced fee is applicable from now until 1 September.
TheCloud Awardsprogram promotes solutions across a range of industries, with an October 21st deadline: https://www.cloud-awards.com/cloud-computing-awards/.
Cloud Awards Categories for 2022:
Contact details
For the SaaS AwardsJames Williams head of operationshttps://www.cloud-awards.com/software-as-a-service-awards/[emailprotected](212) 574-8117
Notes for editors
About the Cloud Awards
The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The awards are open to large, small, established and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2023 and beyond. Categories include the Software as a Service award, Most Promising Start-Up, and "Best in Mobile" Cloud Solution.
Winners are selected by a judging panel of international industry experts. For more information about the Cloud Awards and SaaS Awards, please visit https://www.cloud-awards.com/.
SOURCE The Cloud Awards
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2022-2023 Cloud Awards Open with New Categories for All Industry Verticals - PR Newswire
3 cloud providers accounting for over two-thirds of Ethereum nodes: Data – Cointelegraph
The majority of 4,653 active Ethereum nodes are in the hands of centralized web providers like Amazon Web Services (AWS), which could expose Ethereum to central points of failure, according to crypto analytics platform Messari.
A Mondaypost shows that three major cloud providers account for 69% of hosted nodes on the Ethereum Mainnet, with over 50% of that coming from Amazon Web Services (AWS), over 15% from Hetzner and 4.1% from OVH.
Figures from Ethernodes additionally show that Oracle (4.1%), Alibaba (3.9%) and Google (3.5%) also provide web hosting services on Ethereum.
While the distribution of cloud service providers becomes more decentralized among the bottom third of providers, Messari pressed the concern in a December 2020 report that the high-cost nature of node infrastructure may leave Ethereum vulnerable:
Node distribution issues experienced by Solana are much the same, with Hetzner taking up 42% of hosted nodes on the Solana network, followed by OVH (26%) and AWS (3%).
Related: Decentralized storage providers power the Web3 economy, but adoption still underway
Furthermore, Ethernode data also shows that nodes are most geographically concentrated in the United States (46.4%) and Germany (13.4%), accounting for nearly 60% of distributed Ethereum nodes worldwide. As such, government intervention from one of these two countries could severely impact Ethereums decentralization at the node level.
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3 cloud providers accounting for over two-thirds of Ethereum nodes: Data - Cointelegraph