Category Archives: Cloud Computing
Fastly Cloud Computing Traffic Bumped Higher. That Should Boost the Stock. – Barron’s
These reports, excerpted and edited by Barrons, were issued recently by investment and research firms. The reports are a sampling of analysts thinking; they should not be considered the views or recommendations of Barrons. Some of the reports issuers have provided, or hope to provide, investment-banking or other services to the companies being analyzed.
Fastly FSLY-NYSEStrong Buy Price $11.60 on July 13by Raymond JamesWe maintain our Strong Buy rating ahead of second-quarter results. Our proprietary tracking tool is once again predicting that Fastlys quarterly revenue will beat guidance. While May traffic trends were in line directionally with our assumptions, the June traffic data came in notably stronger than we anticipated. Fastly [whose cloud-based platform enables developers to create, secure, and run applications and websites] trades around four times our new 2023 estimated enterprise value/revenue estimate, a premium to its peers about three times. We maintain our $35 price target, which is based on around 10 times our 2023 EV/revenue multiple, versus the companys 200-day moving average of about eight times.
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Fastly Cloud Computing Traffic Bumped Higher. That Should Boost the Stock. - Barron's
Most Trending Cloud Platforms Used in 2022: [Developers Survey] – Security Boulevard
Amazon Web Service (AWS)
AWS is the world leader in offering reliable cloud application development, with over 55% of developers using it. Even though others are trying hard, theres not a single cloud platform to match AWS, and itll remain at the helm for the foreseeable future.
Amazon Inc. was one of the first companies to adopt the cloud computing model and turned it into an opportunity by offering Amazon Web Service development. Since they have been here for the longest, most small to large enterprises choose AWS as their primary cloud platform. Even Netflix uses Amazon Web Services for storing all their content.
Even though Microsoft was not the early adopter of the trend, it launched the Azure cloud service in 2010. The company has been at the center of technology and is already a household name, thanks to its flagship product Windows.
Since Microsoft was one of the most recognized companies and was already involved deep in the cloud layers, it gained the upper hand for offering a trustworthy cloud platform. The core USP of Microsoft Azure is its a private cloud provider with a range of other services like service management, hosting, and data storage.
Google Cloud Platform (GCP) and Firebase are cloud service platforms from Google that offer various services like storage, hosting, application development, and others. It provides the same internal supporting infrastructure that Google uses for other end-user products.
Googles cloud services are relatively new, but theyve been growing quickly as the company seeks to catch up with Amazon and other competitors. Further, the Cloud Platform suite by Google is evolving based on the user demands and staying on top of the competitors to offer better services.
Heroku is a cloud platform as a service (PaaS) that uses containers. Developers use Heroku to manage and deploy modern apps. Our platform is flexible, elegant, and simple to use. It allows developers to get their apps to market quickly.
Heroku is fully managed so developers can focus on their core product and not worry about maintaining servers, hardware, or infrastructure. Heroku offers services, tools, workflows, and support in polyglot languages that are designed to improve developer productivity.
DigitalOcean is a cloud hosting company that released its first cloud services back in 2011. Since then, it has grown to include over 500,000 developers on its cloud platform. DigitalOcean has promoted the idea of using a Solid State Drive to provide a developer-friendly infrastructure.
This will allow their customers to quickly and efficiently transfer projects and increase output. The enterprise clients of the platform can reap the maximum benefits by scaling and executing projects on multiple platforms that too without sacrificing performance.
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Most Trending Cloud Platforms Used in 2022: [Developers Survey] - Security Boulevard
EXTR: Are Cloud Computing Stocks the Safe Haven of Tech? 4 Stocks to Try – StockNews.com
The cloud computing market has seen tremendous growth as organizations migrate workloads from traditional channels to digital formats. Businesses across industries have rapidly adopted the work-from-home model to remain operational remotely, thereby increasing the demand for Software-as-a-Service (SaaS)-based solutions.
The global cloud computing market is being propelled by emerging technologies such as big data, artificial intelligence (AI), and machine learning (ML). Moreover, critical issues relating to data protection, network latency, and regulatory mandates are also helping in the expansion of cloud computing services.
The global cloud computing market is estimated to grow at a CAGR of approximately 15.8% between 2022-2028.
While tech companies are trying to sustain their pandemic-era growth, the cloud trend is here to stay, with more businesses taking on digitizing their operations.
Thus, given the solid prospects of the industry, it could be wise to buy quality cloud computing stocks Extreme Networks, Inc. (EXTR), AudioCodes Ltd. (AUDC), Viavi Solutions Inc. (VIAV), and Juniper Networks, Inc. (JNPR).
Extreme Networks, Inc. (EXTR)
EXTR provides software-driven networking solutions worldwide. It designs and develops wired and wireless network infrastructure equipment; and software for network management, policy, analytics, security, and access controls.
On June 7, 2022, EXTR extended its ExtremeCloud portfolio to include new SD-WAN and AIOps solutions with digital twin capabilities that enable customers to deliver secure connectivity, deploy speedy cloud systems, and uncover actionable insights. This should expand the companys customer base.
In May, the company announced that some of the worlds most famous resorts and casinos are leveraging its solutions to optimize casino and resort operations and provide first-class guest experiences. This demonstrates EXTRs strong positioning in the industry.
EXTRs total net revenues increased 12.7% year-over-year to $285.51 million in the fiscal quarter ended March 31, 2022. Its gross profit grew 8.4% from the year-ago value to $161.36 million. Operating income for the quarter came in at $17.31 million, up 55.2% year-over-over, while its net income per share grew 233.3% from the prior-year quarter to $0.10.
Analysts expect EXTRs revenue for the fiscal year ending June 2022 to come in at $1.10 billion, indicating an increase of 9.4% year-over-year. Also, the companys EPS is expected to grow 36.3% year-over-year to $0.78 in the same period. It surpassed the consensus EPS estimates in all the trailing four quarters.
EXTR gained 15.8% over the past month to close yesterdays trading session at $10.25.
EXTRs strong fundamentals are reflected in its POWR Ratings. The stock has an overall rating of A, translating to Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
EXTR has a B grade in Value, Growth, and Quality. It is ranked #2 of 53 stocks in the Technology Communication/Networking industry.
Beyond what is stated above, weve also rated EXTR for Momentum, Sentiment, and Stability. Get all the EXTR ratings here.
AudioCodes Ltd. (AUDC)
Headquartered in Lod, Israel, AUDC provides advanced communications software, products, and productivity solutions for the digital workplace.
For the fiscal quarter ended March 31, 2022, AUDCs total revenues increased 12.8% year-over-year to $66.36 million. Its gross profit grew 10.2% from the year-ago value to $44.36 million.
Street expects AUDCs revenue in the quarter ending September 2022 to come in at $71.58 million, indicating an increase of 12.9% year-over-year. Its EPS is expected to improve 1.8% year-over-year to $0.39. The company also beat the consensus EPS estimates in three of the trailing four quarters.
AUDCs shares have gained 4.1% over the past month to close the last trading session at $22.10.
AUDCs sound prospects are reflected in its POWR Ratings. The stock has an overall rating of A, equating to Strong Buy in our POWR Ratings system.
The company also has an A grade in Quality and a B in Stability and Sentiment. The stock is ranked #1 in the Technology Communication/Networking industry. Click here to get AUDCs Momentum, Growth, and Value ratings.
Viavi Solutions Inc. (VIAV)
VIAV provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, government, and avionics customers worldwide. The company operates through three segments Network Enablement (NE); Service Enablement (SE); and Optical Security and Performance Products (OSP) segments.
On June 7, VIAV announced the availability of ApexNow, an app integration between Viavi Observer Apex, ServiceNow IT Operations Management (ITOM), and Telecommunications Service Operations Management. This application should ensure user-friendliness and efficiency, which enables their joint customers to stay ahead of IT and service issues.
VIAVs net revenue increased 4% year-over-year to $315.50 million in the fiscal third quarter ended April 2, 2022. Its income from operations grew 13.6% from the year-ago value to $40.80 million, while its net income per share improved by 14.3% year-over-year to $0.08.
VIAVs revenue for the fiscal quarter ended June 2022 is expected to improve 3.8% year-over-year to $322.80 million. The consensus EPS estimate of $0.23 for the same quarter indicates an increase of 3.8% year-over-year. The company surpassed the consensus EPS estimates in each of the trailing four quarters, which is impressive.
VIAVs shares have gained marginally intraday to close the last trading session at $13.37.
The company has an overall rating of B, translating to Buy in our proprietary ratings system. VIAV is also rated B in Growth and Quality. In the same industry, it is ranked #3.
Click here for additional POWR Ratings for Value, Stability, Momentum, and Sentiment for VIAV.
Juniper Networks, Inc. (JNPR)
JNPR designs, develops, and sells network products and services worldwide.
On July 14, JNPR introduced a new AI-driven EX4100 series of enterprise-grade wired access switches and Mist AI to deliver outstanding performance, flexibility, optimized client-to-cloud user experiences, and security.
These latest enhancements to our AI-driven Enterprise portfolio expand our value proposition to even more campus and branch environments while also doubling down on Junipers unique AI-driven advantages across the entire network lifecycle, from installation and configuration to operations and troubleshooting, said Sudheer Matta, Group Vice President, Product Management, AI-driven Enterprise at JNPR.
JNPRs total net revenues increased 8.7% year-over-year to $1.17 billion in the fiscal quarter ended March 31, 2022. Its operating income improved 110.4% year-over-year to $58.50 million over the period, while its net income and EPS increased 279.1% and 270% from its year-ago values to $55.70 million and $0.17, respectively.
Analysts expect JNPRs EPS for the fiscal quarter ended June 2022 to come in at $0.44, indicating a 3.5% increase year-over-year. The consensus revenue estimate of $1.26 billion represents a year-over-year increase of 7.3% for the same period. JNPR also beat the consensus EPS estimates in three of the trailing four quarters.
The stock has gained marginally intraday to close the last trading session at $28.03.
It is no surprise that JNPR has an overall rating of B, equating to Buy in our POWR Ratings system. JNPR also has a B grade in Value, Growth, and Quality. The stock is ranked #8 in the Technology Communication/Networking industry.
In addition to the POWR Rating grades Ive just highlighted, you can see JNPRs Momentum, Sentiment, and Stability ratings here.
EXTR shares were trading at $10.57 per share on Friday afternoon, up $0.32 (+3.12%). Year-to-date, EXTR has declined -32.68%, versus a -18.56% rise in the benchmark S&P 500 index during the same period.
Komal's passion for the stock market and financial analysis led her to pursue investment research as a career. Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities. More...
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EXTR: Are Cloud Computing Stocks the Safe Haven of Tech? 4 Stocks to Try - StockNews.com
The Surprising Reason Cloud Computing Stocks Tanked This Week – The Motley Fool
What happened
There's little question that Wall Street has a bad case of the jitters thus far in 2022. Nowhere was that more evident than in the cloud computing space this week, when bullish comments by a CEO caused cloud-native stocks to plunge. It also didn't help that the monthly report on inflation was much worse than economists had predicted.
With that as a backdrop, shares of HubSpot (HUBS 0.40%) cratered as much as 15.9% this week, MongoDB (MDB 1.33%) tumbled as much as 14.2%, and Twilio (TWLO 1.04%) crumbled as much as 13%. As of the market close on Thursday, the three were still trading lower, down 13.7%, 11.2%, and 12.4%, respectively.
ServiceNow CEO Bill McDermott was the chief executive who offered his prognosis of the economy and the future of tech stocks -- and overall, his take was surprisingly bullish. While he acknowledged the challenges concerning the war in Europe and the resulting high cost of energy, he cited technology as the solution. "This doesn't fundamentally change the narrative that tech is the only way to cut through the crosswinds," McDermott told Jim Cramer during an appearance on CNBC's Mad Money.
McDermott's views weren't all wine and roses, noting that inflation is at 41-year highs, interest rates are rising, and the dollar is the strongest it's been in more than 20 years. When the dollar is strong, goods and services are more expensive in foreign currencies, thereby reducing demand in international markets. Given those challenges, McDermott said, "The mood is not great."
Investors took his comments as the glass was half empty, selling off cloud stocks en masse.
Another factor weighing on investor sentiment was a report from the U.S. Bureau of Labor Statistics detailing inflation in the month of June. The Consumer Price Index (CPI), which measures changes in the cost of a basket of goods over time, surged 9.1% year over year, rising at the fastest rate since November 1981.
Even stripping out volatile food and energy prices, the core CPI rose 5.9%, confirming that consumers are feeling the pinch of higher prices.
There's little doubt that macroeconomic factors are weighing on stock prices, particularly as investors consider the potential for a recession. Yet, for those with a long investing time horizon, these stocks are likely a buy. Investors need look no further than recent results for evidence to support that theory.
Twilio's first-quarter revenue grew 48% year over year. Stripping out its recent acquisition of Zipwhip, revenue climbed 35%. Active customers grew 14% year over year, and at the same time, its dollar-based net expansion rate of 127% shows that existing customers are spending more. While the company isn't yet profitable, Twilio expects to achieve operating profits beginning in 2023. Perhaps as importantly, management is confident it can deliver organic year-over-year growth of at least 30% over the next several years.
HubSpot's first quarter results were similarly robust. Revenue grew 41% year over year, while its subscription revenue grew 42%. Its customer count grew 26%, while the average subscription revenue per customer climbed 12%. HubSpot isn't yet profitable but generates strong and growing free cash flow, which illustrates that non-cash items, including depreciation, are causing the loss. The company also expects to generate full-year revenue growth of 32% in 2022.
Rounding out our trifecta of strong performers is MongoDB. Its first-quarter revenue grew 57% year over year, while revenue from Atlas -- its fully managed cloud-native database -- surged 82%. Its customer base grew 31% year over year, and MongoDB is also profitable on a free-cash=flow basis. The company expects to grow its full-year revenue by 35% in 2022.
Data by YCharts.
Each of these stocks has been dragged lower by the broader market downtrend and the potential for a recession. Given the current macroeconomic conditions, there aren't any guarantees that they won't ultimately go lower. That said, for patient investors who plan to buy and hold for years, Twilio, HubSpot, and MongoDB represent a compelling opportunity.
Danny Vena has positions in HubSpot, MongoDB, and Twilio. The Motley Fool has positions in and recommends HubSpot, MongoDB, ServiceNow, Inc., and Twilio. The Motley Fool has a disclosure policy.
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The Surprising Reason Cloud Computing Stocks Tanked This Week - The Motley Fool
Lakewood cloud computing firm Onix sold to Tailwind Capital Partners – Crain’s Cleveland Business
Onix Networking Corp., a cloud computing business based in Lakewood, has been sold to a New York private equity firm, Tailwind Capital Partners.
Terms weren't disclosed.
Onix in a news release issued Friday morning, July 15, said the deal with Tailwind will "accelerate the next phase of the company's growth."
In that growth phase, Onix "will increase its focus on building out advanced service offerings to complement its strong Workspace and Google Cloud Platform practices, including significantly scaling its technical consulting, application development, data and analytics and managed services businesses," according to the release.
The plan also includes "scaling the company globally and pursuing attractive acquisition targets to further strengthen the company's service offerings and delivery capabilities," the release stated.
Onix already has an international presence through an office in Toronto.
Tim Needles, founder of Onix, didn't return a phone call on Friday. Neither did representatives of Tailwind. The release did not address Needles' position with the company in the wake of the Tailwind deal, nor did it provide revenue figures for Onix.
A Tailwind spokesperson wrote in an email that Onix "has approximately 185 employees, based across the Lakewood HQ and other offices." (The email did not address a question about revenues.)
The spokesperson stated in the email that Needles "will continue to be an important leader at Onix, supporting the company as a board member and investor."
Needles said in a statement, "We are excited to partner with the Tailwind team to invest behind new ways to serve our customers. We look forward to expanding our service offerings and continuing to invest in talent to support our customers at all stages of their cloud transformation journeys."
Gurvendra Suri, a Tailwind Capital operating executive who now is executive chairman of Onix, added, "We are excited to further strengthen our partnership with Google Cloud and to capitalize on Onix's strong current position in the Google Cloud ecosystem by investing in new ways to support our customers' needs."
Tailwind describes itself as a "middle market private equity firm investing in industrial and business services companies." It says it "partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments." Since its formation more than 15 years ago, Tailwind said, it has invested in 51 portfolio companies and more than 160 add-on acquisitions.
On the strategy page of its website, Tailwind says it makes equity investments of $25 million to more than $200 million in companies with enterprise value of $500 million-plus and EBIDTA (earnings before interest, taxes, depreciation and amortization) of $10 million to more than $50 million.
DC Advisory served as financial adviser and McDonald Hopkins as legal adviser to Onix. Lazard served as financial adviser and Davis Polk & Wardwell LLP as legal adviser to Tailwind Capital.
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Lakewood cloud computing firm Onix sold to Tailwind Capital Partners - Crain's Cleveland Business
Google’s cloud unit taps Arm-based chips, adding to Intel, AMD pressure – Reuters
3D printed clouds and figurines are seen in front of the Google Cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration
Register
July 13 (Reuters) - Alphabet Inc's (GOOGL.O) Google Cloud unit on Wednesday said it will start adopting computing chips based on technology from Arm Ltd, making it the latest company to join a transition that will take market share from Intel Corp (INTC.O) and Advanced Micro Devices (AMD.O).
Arm, the British chip firm that has said it plans to go public after a megadeal to be acquired by Nvidia Corp (NVDA.O) fell through earlier this year, has long supplied designs and other intellectual property that power chips for smart phones and tablets. In 2018, Arm started offering technology for chips used in data centers, a market dominated by Intel and AMD.
In the four years since, Arm's technology, which it licenses to other companies to weave into complete chips, has showed up in data centers around the world, including those at Amazon.com (AMZN.O), Microsoft Corp and Oracle Corp in the United States and Alibaba (9988.HK), Baidu (9888.HK) and Tencent Holdings Ltd (0700.HK) in China.
Register
Those firms buy huge volumes of computing chips and then rent out the computing power to software developers via their paid cloud computing services. They all still offer services based on chips from Intel and AMD. But with Google joining the ranks of cloud providers offering Arm-based chips, nearly every major provider now has at least a few offerings based on Arm.
Some of the cloud computing firms such as Amazon and Alibaba are designing their own Arm-based chips and having them manufactured by chip factories. Several others - including Google - are turning to Ampere Computing, a chip firm founded by former Intel executives that has filed confidential paperwork with U.S. securities regulators for an initial public offering.
Google said on Wednesday its new offering will be based on Ampere's "Altra" chips. Ampere is also selling chips to Microsoft and Oracle, among others.
Register
Reporting by Stephen Nellis in San Francisco; Editing by Leslie Adler
Our Standards: The Thomson Reuters Trust Principles.
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Google's cloud unit taps Arm-based chips, adding to Intel, AMD pressure - Reuters
Cloud Tech Co. Beats $450M IP Trial Over Drug Test Software – Law360
By Jasmin Jackson (July 18, 2022, 4:29 PM EDT) -- A New York federal judge has cleared software developer Veeva Systems in its rival's trade secrets suit over technology used for drug-testing trials, determining that there was not enough evidence for a jury to deliberate.
U.S. District Judge Jed Rakoff awarded cloud-computing company Veeva Systems Inc. a judgment as a matter of law on Friday after arguments concluded in the $450 million jury trial with competitor Medidata Solutions Inc., which had accused Veeva of inducing Medidata employees to misappropriate its proprietary clinical trial data and operations software.
Judge Rakoff said he was "a little hesitant" to take the decision out of...
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Cloud Tech Co. Beats $450M IP Trial Over Drug Test Software - Law360
Cloud Computing for Business Operations Market to Witness Massive Growth by 2028 | IBM Cloud, Red Hat, Verizon Cloud Travel Adventure Cinema – Travel…
The latest independent research document on Global Cloud Computing for Business Operations examine investment inMarket. It describes how companies deploying these technologies across various industry verticals aim to explore its potential to become a major business disrupter. The Cloud Computing for Business Operations study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. This version of Cloud Computing for Business Operations market report advocates analysis of Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Red Hat, SAP Cloud Platform, Kamatera, VMware, Oracle Cloud, Salesforce Cloud, Cisco Systems, Verizon Cloud, HPE Cloud, Service Now, Alibaba Cloud, Digital Ocean, CenturyLink, Workday, Cloud Sigma & Adobe Cloud.
Get Free Sample Pages of Global Cloud Computing for Business Operations Market Study Now @:https://www.htfmarketreport.com/sample-report/2475873-global-cloud-computing-for-business-operations-market-2
As Cloud Computing for Business Operations research and application [Private Cloud, Hybrid Cloud & Others] continues to expand in scope, the market will see deeper integration and application of more technologies in the future. This commercialization of market is playing a positive role in accelerating Cloud Computing for Business Operations business digitalization, improving industry chain structures and enhancing information use efficiency. The findings mainly focus on category or product type: , Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) & Recovery as a Service (RaaS) etc, which underpins many recent advances in the other Cloud Computing for Business Operations technologies.
In order to provide a more informed view, Cloud Computing for Business Operations research offers a snapshot of the current state of the rapidly changing industry, looking through the lenses of both end users and service provides/players ofto come up with a more robust view.
Market Scope
Based on the type of product, themarket segmented into :, Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) & Recovery as a Service (RaaS)
Based on the End use application, themarket segmented into :Private Cloud, Hybrid Cloud & Others
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Regional Landscape
Geographically, the Cloud Computing for Business Operations market size by revenue is broken down by 18+ countries fromNorth America, LATAM, the Middle East, Asia Pacific, Africa, and Europebased on various characteristics such as geographic footprints and business operation locations of players.
Analysts at HTF MI sheds light on Cloud Computing for Business Operations market data by Country
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, South Korea, Thailand, India, Indonesia, Australia and Others)Europe (Germany, Russia, the UK, Italy, France, Spain, Belgium, Netherlands, Switzerland, Nordic Nations, Rest of Europe.)North America (the United States, Mexico, and Canada)South America (Brazil, Argentina, Chile, Rest of South America)Middle East and Africa (GCC Countries, Turkey, Israel, South Africa, Egypt and Rest of MEA)
The Cloud Computing for Business Operations study cites various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc that Industry players such as Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Red Hat, SAP Cloud Platform, Kamatera, VMware, Oracle Cloud, Salesforce Cloud, Cisco Systems, Verizon Cloud, HPE Cloud, ServiceNow, Alibaba Cloud, DigitalOcean, CenturyLink, Workday, CloudSigma & Adobe Cloud are utilizing to overcome macro-economic scenarios. The Cloud Computing for Business Operations Market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share.
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Extracts from Global Cloud Computing for Business Operations Market Study
1. Market Snapshot2. Global Cloud Computing for Business Operations Market Factor Analysis Value Chain Analysis Growth Drivers, Trends and Challenges Porters 5- Forces Analysis PESTEL Analysis3.Cloud Computing for Business Operations Market by Type (2016-2026) [, Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) & Recovery as a Service (RaaS)]4. Market by Applications/ End Users (2016-2026) [Private Cloud, Hybrid Cloud & Others]5.Cloud Computing for Business Operations Market: Country Landscape6. Market Size Breakdown for Each Country7. Competitive Landscape Market Share Analysis by Players Company Profiles
.. Continued
Data Sources & Methodology
The primary sources involve the industry experts from the Global Cloud Computing for Business Operations Market including the management organizations, processing organizations, service providers of the industrial value chain. In the extensive research process undertaken for this study, the primary sources considered such as Postal Surveys, telephone, Online & Face-to-Face Survey to obtain and verify both qualitative and quantitative aspects. When it comes to secondary sources Companys Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were used.
Read Detailed Index of full Research Study at @https://www.htfmarketreport.com/reports/2475873-global-cloud-computing-for-business-operations-market-2
Thanks for reading Cloud Computing for Business Operations Industry research publication; you can opt for regional report version like Western Europe, USA, China, Southeast Asia, LATAM, APAC etc. Also, we can serve you with customize research services as HTF MI holds a database repository that includes Public organizations and Millions of Privately held companies with expertise across various Industry domains.
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Cloud Computing for Business Operations Market to Witness Massive Growth by 2028 | IBM Cloud, Red Hat, Verizon Cloud Travel Adventure Cinema - Travel...
O’Reilly Announces Launch of Cloud Labs to Meet Increased Demand for Cloud Computing Skills – Business Wire
BOSTON--(BUSINESS WIRE)--OReilly, the premier source for insight-driven learning on technology and business, today announced the launch of cloud labs, providing users with temporary access to a live cloud account alongside expert-guided instruction through its learning platform. Built to make cloud learning more embedded and effective in practitioners day-to-day jobs, cloud labs allow users to move seamlessly from learning new cloud skills to applying them on the job. OReillys initial cloud labs support Microsoft Azure, offering instruction for those who are just beginning to work with cloud-based solutions and services or are new to Azure. Cloud labs build upon the interactive learning environments that OReilly first introduced to its platform in 2019, which have now grown to include nearly 1,000 interactive labs and sandboxes to build hands-on skills in everything from Python to machine learning.
With cloud computing on the rise, organizations around the world are seeking to hire cloud experts at an unprecedented rate. According to 2021 job data from Indeed, the share of cloud computing jobs per million increased by 42% from 2018 to 2021. To help meet this growing need, software developers and engineers are expected to have some level of cloud expertise.
Authored by leading subject matter experts in cloud environments, each OReilly cloud lab is designed to be short, digestible, and practical. Cloud labs provide temporary credentials to a live cloud account and guide learners through real-world use cases with step-by-step instruction. Learners can follow along using either the cloud console UI or an integrated terminal (CLI), giving them the flexibility to practice applying the skills they'll need on the job in the way they prefer to workand do so in a safe environment that wont endanger existing systems and doesnt require additional setup.
Nearly every enterprise today relies on cloud technology. As a result, the demand for cloud talent has shot up, said Laura Baldwin, president at OReilly. However, cloud environments have notoriously steep learning curves, which makes obtaining that necessary experience no easy task. By pairing top-quality instruction with access to live cloud resources, our users gain hands-on experience with the most used cloud environments. Because they have the freedom to make mistakes without consequences, practitioners learn how to solve tangible business problems. And that adds enormous value for their organizations.
The initial launch of cloud labs will target introductory-level job roles and high-yield certifications for those working with Microsoft Azure. Future content releases and enhancements will expand cloud labs into more intermediate and advanced areas for learners who need to add additional cloud expertise to their skill set, with cloud labs on Amazon Web Services (AWS) and Google Cloud to follow.
For more information on OReilly cloud labs, please visit: https://www.oreilly.com/ceros/cloud-labs-register.html.
About OReilly
For over 40 years, OReilly has provided technology and business training, knowledge, and insight to help companies succeed. Our unique network of experts and innovators share their knowledge and expertise through the companys SaaS-based training and learning platform. OReilly delivers highly topical and comprehensive technology and business learning solutions to millions of users across enterprise, consumer, and university channels. For more information, visit http://www.oreilly.com.
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O'Reilly Announces Launch of Cloud Labs to Meet Increased Demand for Cloud Computing Skills - Business Wire
Corent Technology and TruStack Partner to Deliver Best-in-Class Cloud Services – Business Wire
ALISO VIEJO, Calif. & LONDON--(BUSINESS WIRE)--TruStack and Corent Technology Inc. today announced their new partnership that will help organizations achieve best-practices in cloud adoption and management through Corents SurPaaS automated cloud platform.
TruStack is a leading provider of specialist managed services, security solutions and hybrid cloud services. TruStack expertise spans Microsoft Azure and on-premise platforms ensuring full flexibility and choice in meeting customer demands. TruStack has chosen to partner with Corent Technology to help customers realize the full benefits of cloud computing.
SurPaaS is a multi-cloud, independent and agnostic platform supporting the full cloud journey for service providers and their customers. SurPaaS offers the greatest flexibility, choice and freedom of movement in achieving digital transformation success. It helps TruStack deliver best-in-class cloud architectures through the migration phase and beyond. The flexibility of SurPaaS lets customers choose when and how to modernise their IT estate, providing options both before the cloud and on the cloud.
Russell Henderson, Technical Director at TruStack, said, We chose to partner with Corent Technology because our customers wish to embrace the move to the cloud, and the modernisation and cost benefits that it can provide. Working with Corent we can deliver our customers a state-of-the-art, best of breed IT platform at a time and a pace that is right for them.
Jeremy Neal, UK Manager for Corent Technology, said, We are delighted to be working with TruStack. Their reputation and passion for customer service, and their capabilities in hybrid cloud solutions match our own vision for excellence in IT service delivery.
About Corent Technology
Corent Technology, Inc. is a leading innovator in the cloud migration and SaaS-enablement technology space. Corents SurPaaS Platform is used by key enterprises, system Integrators and cloud providers to enable rapid discovery, analysis, planning, optimisation, and migration to the cloud; and optionally, automated transformation of software applications to efficient, scalable SaaS. Corent is managed by a team of industry veterans from Microsoft, IBM, HP, EMC, Oracle, and VMware among others. For more information about Corent, please visit http://www.corenttech.com and to contact Corent please drop a note to info@corenttech.com.
About TruStack
TruStack Ltd is a multi-award-winning managed service provider based in the North East of England. TruStack specializes in delivering end-to-end solutions from the inception and design phase, through to delivery and on-going-management. TruStack takes a consultative approach when looking at each individual business requirement and propose a solution that best fits the needs of the client. Our solutions are built on both public and private cloud offerings to facilitate the right solution for a client based upon a hybrid cloud strategy. TruStack always aim to provide innovative solutions, expert support and outstanding service.
For more information, please visit http://www.trustack.co.uk or contact enquiries@trustack.co.uk.
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Corent Technology and TruStack Partner to Deliver Best-in-Class Cloud Services - Business Wire