Category Archives: Cloud Computing
Ministry of Education, AICTE and AWS to Upskill Students in India in Cloud Computing and Machine Learning – CXOToday.com
AWS DeepRacer Student League kicks off today; the competition provides an exciting opportunity for students across India to learn and experiment with machine learning
The Ministry of Education is working with Amazon Web Services (AWS) with an aim to impart cloud computing and machine learning (ML) skills to higher education students in India. A Memorandum of Understanding (MoU) was signed between the All India Council for Technical Education (AICTE),a statutory body under the Ministry, and Amazon Internet Services Private Limited (AISPL), which undertakes the resale and marketing of AWS in India. This new collaboration extends the Ministrys efforts to enable students with critical technology skills, and strengthen the focus to build a future-ready digitally-skilled workforce in India. Thousands of AICTE-affiliated colleges in the country will extend this initiative to benefit students.
Dr. Buddha Chandrashekhar, Chief Coordinating Officer, AICTE, said, Digital skilling on future technologies at a national scale is a key priority for the Ministry of Education. Skilling our students in cloud computing and machine learning is especially crucial to not only ensure employability for our students, but also to build capacity in these critical skills that will define the industries of tomorrow. We are pleased that an industry leader like AWS is committed to work with AICTE to support the Indian governments vision for skilling to create an Atmanirbhar Bharat.
Sunil PP, LeadEducation, Space, and Nonprofits, Amazon Internet Services Private Limited, AWS India and South Asia, said, Over the course of the pandemic, we have seen organizations of all sizes accelerate their digital transformation plans by several years, driving an increased need for employers and their workers to advance skills training for cloud computing, cybersecurity, and machine learning.AWS recognizes this as a national priority, and todays announcement of the MoU with the Ministry of Education is part of our continued commitment to support the government in developing Indias technology talent and strengthening the countrys digital economy.
Through the MoU, AWS will provide students access to AWS Educate (www.awseducate.com), a program that offers self-paced online cloud learning resources and labs, designed to help people learn, practice, and evaluate cloud skills. The programseasy-to-navigate and adaptive user experience guides learners totargeted training content based on their knowledge, goals and interests.Learners can register on AWS Educate with just an email address.
In addition, AWS will support the goal of skilling students in cloud computing and ML through theAWS DeepRacer Student League, launched today. The AWS DeepRacer Student League isaimed at introducing ML to students in higher education, and inspiring them to explore the technology. The competition provides participants an interesting and fun way to learn ML, and experiment with it by building autonomous driving applications.This is the second AWS DeepRacer initiative focused on students in India after theAWS DeepRacer Womens Leaguein 2021, and is being held with support from the Ministry of Education, AICTE, and Intel. The competition is open to students above 18 years who are currently enrolled in higher educational institutions in India.
Earlier this year, the research report Building Digital Skills for the Changing Workforce prepared by strategy and economics consulting firm AlphaBeta, and commissioned by AWS noted that four of the top six most in-demand skills in India by 2025 will be cloud-related. The report found that the ability to use cloud-based tools will be the most in-demand skill required by employers in India by 2025, followed by technical support skills, cybersecurity skills, advanced digital marketing, artificial intelligence (AI) andML, and cloud architecture design. The importance and impact of the cloud-related skills are further underscored by their wide use across industry sectors, as employers surveyed in the research expect these skills to be in high demand in sectors such as healthcare, agriculture, fintech, media, and entertainment.
Gaps in the realm of cloud auditing – CXOToday.com
An audit is a formal inspection and verification to check whether a standard or set of guidelines is being followed, records are accurate, or efficiency and effectiveness targets are being met. Auditors evaluate and test an organizations systems, processes and operations to determine whether the systems safeguard the information assets, maintain information confidentiality, integrity, and availability and operate effectively to achieve the organizations business goals or objectives. A traditional cyber security audit is a periodic examination of an IT functions checks, balances, and controls. A cloud audit is a periodic examination an organization does to assess and document its cloud suppliers performance.
An audit of a cloud environment is similar to a cyber security audit. Both examine a variety of operational, administrative, security and performance controls. Cloud audit controls are also similar to cyber security audit controls but with a focus on the nuances of cloud environments.
The purpose of such an audit is to see how well a cloud supplier is doing in meeting a set of established controls and best practices. The audit outcome and gaps provide organizations opportunities to address the risks and continually improve the cloud security environment.
This article focuses on the gaps in the realm of cloud auditing:
Gap 1: Absence of formal policies and procedures prior to acquisition of cloud services by business units.
Risk: This could lead to sub-standard supplier selection and performance as well as increased cloud security risks.
Recommendation: An information security policy for cloud computing and supplier relationships should be defined as topic-specific policies. These should be consistent with the organizations risk appetite. Comprehensive policies, procedures and guidelines that help the business units transition to cloud service applications in the acquisition need to be established. Use and management of cloud services, the need for pre-acquisition information security risk assessments, and supplier managementonce a signed supplier agreement is agreed uponmust also be addressed.
Gap 2: Lack of monitoring and review of cloud supplier services and service level agreements (SLAs).
Risk: If cloud supplier services and SLAs are not monitored, it may lead to inadequate cloud services and support, resulting in cloud service business needs not being met. Also, it may lead to introduction of cloud security risks into the system network.
Recommendation: Service performance levels intended to verify compliance with the cloud supplier agreements need to be monitored to provide reasonable assurance that the SLAs are up to date, any changes in business process requirements are identified, and necessary adjustments are made to the SLAs when the opportunity to re-negotiate arises. Appropriate actions should be taken when deficiencies in the service delivery are observed. The service reports produced by the cloud supplier need to be reviewed, and regular progress meetings as required by the agreements need to be conducted.
Gap 3: Internal auditors are not sufficiently trained on cloud auditing.
Risk: If internal auditors are not sufficiently trained on cloud auditing, it may affect the quality of internal audits. Lack of training may contribute to the challenge in gaining expertise in the identification of risks specific to data protection and privacy requirements when using cloud services.
Recommendation: Effective cloud security auditors must be familiar with cloud computing terminology and have a working knowledge of a cloud systems constitution and delivery method. This knowledge ensures auditors pay attention to security factors that might be more important in cloud security auditing processes, including transparency, encryption, colocation, scale, scope and complexity. Cloud Security Alliance and ISACA offer the Certificate of Cloud Auditing Knowledge (CCAK). This credential is the first-ever technical, vendor-neutral credential for cloud auditing, helping prepare IT professionals to help their organizations mitigate risks and realize the full benefits of the cloud. This certificate fills a gap in the industry for competent technical professionals who can help organizations mitigate risks and optimize ROI in the cloud. CCAK prepares IT professionals to address the unique challenges of auditing the cloud, ensuring the right controls for confidentiality, integrity and accessibility and mitigating risks and costs of audit management and non-compliance.
Summary
Organizations should include the cloud service provider as a type of supplier in its information security policy for supplier relationships. This will help to mitigate risks associated with the cloud service providers access to and management of the cloud service data. The responsibility for managing cloud supplier relationships should be assigned to a designated individual or team. Sufficient technical skills and resources should be made available to monitor that the requirements of the agreement, in particular the information security requirements, are being met. Organizations need to be aware that the legal or contractual responsibility for protecting information on the cloud remains with the organization. Organizations should establish a process to identify and implement required training, certification and ongoing professional development for auditing the cloud environment.
(The author Mr. Chetan Anand, Associate Vice President of Information Security and CISO at Profinch Solutions, and member of ISACA Emerging Trends Working Group and the views expressed in this article are his own)
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Gaps in the realm of cloud auditing - CXOToday.com
Edge Computing Market to hit USD 60 billion by 2030: Global Market Insights Inc. – GlobeNewswire
Selbyville, Delaware, June 07, 2022 (GLOBE NEWSWIRE) --
Edge Computing Market is anticipated to cross USD 60 billion by 2030, according to the recent research study by Global Market Insights Inc.
Ongoing government initiatives to support the acceptance of cloud computing technology is driving the market growth. The governments of various countries, such as India, China, the U.S., and the UK, are embracing cloud technology to expand their e-governance initiatives.
The support and maintenance service segment accounted for around 60% of edge computing market share in 2021. The growth is driven by the growing need to manage & control the network infrastructure. Maintenance & support services help service providers and enterprise customers to update, consolidate & build dynamic networks to access edge solutions. It also helps businesses to provide quick remote responses for minimizing network interruptions.
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The remote monitoring sector is expected to showcase over 25% growth between 2022 and 2030 credited to the rising instances of cyber-attacks. Moreover, the urge to manage connected devices is creating ample growth opportunities for the edge computing market.
The large enterprises market dominated with about 80% revenue share in 2021. These enterprises are also witnessing network complexities and security concerns. In response, they are deploying advanced edge computing solutions to ensure resilience throughout network operations in order to help identifying the potential threats and mitigating the risks that affect business productivity.
The BFSI industry is projected to attain nearly 25% gains during 2022-2030 attributed to digitalization across the sector. Banking & financial service providers throughout the industry are expanding their networks to gain prospective customers. Companies are also required to deliver personalized services using advanced technologies to cater to all the branch locations. Financial institutions can benefit from advanced edge computing solutions to extend the existing infrastructure between administrative buildings and corporate branches.
Europe edge computing market is estimated to spur exponentially owing to the mounting adoption of advanced technologies and increasing demand for 5G networks. The penetration of 5G services and the growing remote workforce are driving the demand for NAC solutions.
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Companies operating in the market are developing advanced edge computing solutions & services for their customers. For instance, in January 2022, NTT Communication Corp. launched the SDPF edge. It is an edge computing service that is available for a monthly fee on NTTs smart data platform. It is specially designed for the manufacturing industry. It consists of various advanced features such as control & decision making, reduction in communication volume, effective management of co-operating tasks, and optimized data usage.
Some of the major findings of the edge computing market report include:
Partial Table of Contents (ToC) of the reportChapter 3Edge Computing Industry Insights
3.1 Introduction3.2 Impact of COVID-19 outbreak3.3 Impact of Russia-Ukraine war3.4 Edge computing architecture3.5 Edge computing ecosystem analysis3.6 Technology & innovation landscape3.7 Patent analysis3.8 Investment portfolio3.9 Regulatory landscape3.10 Industry impact forces3.10.1 Growth drivers3.10.1.1 Increasing adoption of IoT devices across various end-user verticals3.10.1.2 Rising investments in 5G network3.10.1.3 Rising adoption of autonomous vehicles3.10.1.4 Strong government support for promoting cloud adoption3.10.1.5 Growing popularity of private networks3.10.2 Industry Pitfalls and Challenges3.11 Growth potential analysis3.12 Porters Analysis3.13 PESTEL analysisBrowse Complete Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/edge-computing-market
About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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Edge Computing Market to hit USD 60 billion by 2030: Global Market Insights Inc. - GlobeNewswire
5 Inverse ETFs Rallying This Year With Tech Meltdown – Yahoo Finance
The technology sector saw the worst start to a year since 2002 as the giants were hit hard by soaring yields and the Federal Reserves tightening monetary. In fact, big technology stocks are facing their biggest rout in more than a decade. The S&P 500s information-technology sector has dropped 20% so far this year.
This has prompted investors to shell a record $7.6 billion this year from technology-focused mutual funds and ETFs through April, according to Morningstar Direct data going back to 1993. The ultra-popular Select Sector SPDR Technology ETF XLK pulled out more than $179 million in capital (read: 6 Reasons Why Tech ETFs May Rebound Soon).
As a result, inverse or inverse-leveraged ETFs have been on the rise as these fetch outsized returns on bearish sentiments in a short span. Daily Dow Jones Internet Bear 3X Shares WEBS, MicroSectors FANG & Innovation -3x Inverse Leveraged ETN BERZ, Direxion Daily Cloud Computing Bear 2X Shares CLDS, Direxion Daily Technology Bear 3x Shares TECS and ProShares UltraShort Technology REW have been outperforming and might continue their strong performance if sentiments remain the same.
The central bank took the most aggressive policy action in decades to combat soaring inflation by raising rates by 50 bps last month and pushing the benchmark above 0.75%. The hike marked the biggest interest-rate increase since 2000, resulting in soaring yields. The 10-year Treasury yields have jumped to the highest level since 2018 to above 3%. The tech sector relies on easy borrowing for superior growth and its value depends heavily on future earnings. A rise in long-term yields lowers the present value of companies future earnings, sparking fears of overvaluation (read: Why High Dividend ETFs are Beating the Market).
Further, many of the trends that flourished over the past two years including bullish options trades, special-purpose acquisition companies and cryptocurrencies have made a sharp U-turn, thereby dampening the appeal of the technology stocks. Many investors think that the combination of factors has put an end to the the decade-long era of tech dominance in markets.
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Leveraged and inverse-leveraged ETFs either create a leveraged long/short position, an inverse long/short position or a leveraged inverse long/short position in the underlying index through the use of swaps, options, futures contracts and other financial instruments. Due to their compounding effect, investors can enjoy higher returns in a short period provided the trend remains a friend.
However, these funds run the risk of huge losses compared to traditional funds in fluctuating or seesawing markets. Further, their performance could vary significantly from the actual performance of their underlying index over a longer period when compared to a shorter period (such as weeks or months).
Investors should note that these products are suitable only for short-term traders as these are rebalanced on a daily basis. Further, liquidity can be a big problem as it can make the products more expensive than they appear (see: all the Inverse Equity ETFs here).
Still, ETF investors seeking to tap abrupt movements can go long or short in the near term.
Daily Dow Jones Internet Bear 3X Shares (WEBS) Up 127.7%
Daily Dow Jones Internet Bear 3X Shares provides three times inverse play on the Internet corner of the broad technology sector by tracking the Dow Jones Internet Composite Index.
Daily Dow Jones Internet Bear 3X Shares has attracted $40.7 million in its asset base and charges 95 bps in annual fees. The ETF sees an average daily volume of about 335,000 shares.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) Up 68.2%
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN is linked to the three times leveraged inverse performance of the Solactive FANG Innovation Index. The index tracks the stock prices of 15 large-capitalization, highly liquid U.S. technology stocks.
With AUM of $9 million, MicroSectors FANG & Innovation -3x Inverse Leveraged ETN has an expense ratio of 0.95% and trades in an average daily volume of 80,000 shares.
Direxion Daily Cloud Computing Bear 2X Shares (CLDS) - Up 44.2%
Direxion Daily Cloud Computing Bear 2X Shares targets the cloud-computing segment of the broad technology sector, offering two times inverse exposure to the performance of the Indxx USA Cloud Computing Index.
With AUM of $19.5 million, Direxion Daily Cloud Computing Bear 2X Shares has an expense ratio of 0.95% and trades in an average daily volume of 12,000 shares.
Direxion Daily Technology Bear 3x Shares (TECS) - Up 42%
Direxion Daily Technology Bear 3x Shares provides three times inverse exposure to the daily performance of the Technology Select Sector Index.
Direxion Daily Technology Bear 3x Shares has amassed about $123.6 million in its asset base while charging 95 bps in fees per year from investors. Volume is solid as it exchanges around 3 million shares a day on average (read: Inverse ETFs Take Flight as Market Turns Sour).
ProShares UltraShort Technology (REW) Up 41.7%
ProShares UltraShort Technology offers two times the inverse of the daily performance of the Dow Jones U.S. Technology Index, which measures the performance of the companies, including those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services.
ProShares UltraShort Technology has accumulated $12.4 million in its asset base and charges 95 bps in annual fees. It trades in an average daily volume of nearly 64,000 shares.
While the strategy is highly beneficial for short-term traders, it could lead to huge losses compared with the traditional funds in fluctuating markets. Due to their compounding effect, investors can enjoy higher returns in a short period of time, provided the trend remains a friend.
Further, their performance could vary significantly from the actual performance of the underlying index over the longer period compared to a shorter period (such as weeks or months).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportTechnology Select Sector SPDR ETF (XLK): ETF Research ReportsProShares UltraShort Technology (REW): ETF Research ReportsDirexion Daily Technology Bear 3X Shares (TECS): ETF Research ReportsDirexion Daily Dow Jones Internet Bear 3X Shares (WEBS): ETF Research ReportsDirexion Daily Cloud Computing Bear 2X Shares (CLDS): ETF Research ReportsMicroSectors FANG & Innovation 3X Inverse Leveraged ETN (BERZ): ETF Research ReportsTo read this article on Zacks.com click here.Zacks Investment Research
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5 Inverse ETFs Rallying This Year With Tech Meltdown - Yahoo Finance
Global Optical Communication and Networking Equipment Market (2022 to 2027) – Expansion of Telecom Infrastructure in Developing Economies Presents…
Dublin, June 09, 2022 (GLOBE NEWSWIRE) -- The "Optical Communication and Networking Equipment Market by Component (Fiber, Transceiver, and Switch), Technology (WDM, Fiber Channel), Application (Telecom, Data Center, and Enterprise), Data Rate, Vertical and Region (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
The global optical communication and networking equipment market was estimated at USD 24.2 billion in 2022 and is projected to reach USD 36.6 billion by 2027, growing at a CAGR of 8.6% from 2022 to 2027. Growing adoption of data centers and the deployment of VOIP, LTE, and 5G networks are the major driving factors for the growth of the optical communication and networking equipment market.Up to 40 Gbps: The fastest-growing segment of the optical communication and networking equipment market.
Optical communication and networking equipment with up to 40 Gbps data rate accounted for the largest market share of ~49% in 2021. As the network capacity increases, the element management system (EMS) requires higher reliability. The data rate of up to 40 Gbps provides reliable monitoring technology for large-capacity networks. Moreover, the market for optical communication and networking equipment with greater than 100 Gbps data rate is projected to grow with the highest CAGR of 9.8% during the forecast period. With the rapid development of 5G and high-performance services brought by cloud networks, the demand for higher bandwidth devices with a data rate of greater than 100 Gbps is expected to grow in the near future.Data Center: The highest growing application in optical communication and networking market.
The data center application is expected to dominate the market throughout the forecast period. The application is also expected to grow at the highest CAGR during the forecast period. Data centers are used for commercial purposes of OTT platforms, which are in constant demand and are rapidly increasing. The rise in the number of OTT platforms (Netflix, HBO, Disney, and Amazon Prime) over the year are expected to propel the data center market in the future.Cloud Segment: The fastest-growing vertical in optical communication and networking equipment market during the forecast period.
Could segment of the optical communication and networking equipment market is projected to grow at the highest CAGR during the forecast period. Cloud computing has become an essential part of the business landscape. In this regard, several companies are highly adopting complex computing solutions. The ever-growing clout of digital devices increases the demand for data storage space, transmission speed, and flexibility. These factors are fuelling the adoption of optical communication and networking equipment in cloud computing, which supports high-data transmission and offers high switching speed and large data storage.The Americas: The largest region in the optical communication and networking equipment market in 2021.
The Americas accounted for the largest share of ~40% of the optical communication and networking equipment market in 2021. The Americas has emerged as a major data center and cloud computing hub. Thus, it is the largest consumer of optical communication and networking equipment market. Factors such as the robust presence of major companies in the region; high demand for data communication; increased use of communication devices, such as smartphones, tablets, and VoIP equipment; as well as the growing market for wearable devices and increasing deployment of data centers drive the growth of the optical communication and networking equipment market in this region. Further, high defence spending and the presence of numerous important market players in the US are the key factors supporting the expansion of the market in the region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights4.1 Attractive Opportunities in Optical Communication and Networking Equipment Market4.2 Optical Communication and Networking Equipment Market, by Application4.3 Optical Communication and Networking Equipment Market in Asia-Pacific, by Country and Component4.4 Optical Communication and Networking Equipment Market, by Technology4.5 Country-Wise Analysis of Optical Communication and Networking Equipment Market
5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Rise in Demand for Compact and Energy-Efficient Transceivers5.2.1.2 Rising Adoption of Cloud-Based and Virtualization Services Globally5.2.1.3 Growing Number of Data Centers5.2.2 Restraints5.2.2.1 High Initial Investment5.2.2.2 Increased Network Complexity5.2.3 Opportunities5.2.3.1 Expansion of Telecom Infrastructure in Developing Economies5.2.3.2 Deployment of Voip, Lte, and 5G Networks5.2.3.3 Expansion of Networks in Developing Countries5.2.3.4 Adoption of IoT5.2.4 Challenges5.2.4.1 Ever Changing Customer Demands for Portable Device and High Speed5.2.4.2 Vulnerability of Optical Networks to Hacking5.2.4.3 Susceptibility of Optical Fibers to Physical Damage and Transmission Losses5.3 Value Chain Analysis
6 Optical Communication and Networking Equipment Market, by Component6.1 Introduction6.2 Optical Fiber6.2.1 Single-Mode Fibers6.2.1.1 Single-Mode Fibers Are Used for Long-Distance and High-Bandwidth Applications6.2.2 Multi-Mode Fibers6.2.2.1 Multi-Mode Fibers Are Used for Building Applications6.3 Optical Transceiver6.3.1 Sff and Sfp6.3.1.1 Sff and Sfp Form Factors Are Known for Manufacturing Interconnects for Telecom and Datacom Sectors6.3.2 Sfp+ and Sfp286.3.2.1 Market for Sfp+ and Sfp28 Form Factors to Grow at Highest CAGR During Forecast Period6.3.3 Qsfp, Qsfp+, Qsfp14, and Qsfp286.3.3.1 Qsfp, Qsfp+, Qsfp14, and Qsfp28 Form Factors to Hold Large Market Share6.3.4 Cfp, Cfp2, and Cfp46.3.4.1 Cfp, Cfp2, and Cfp4 to Experience Rapid Growth During Forecast Period6.3.5 Xfp6.3.5.1 Xfp Form Factor Designed Mostly in Synchronous Optical Networking (Sonet)6.3.6 Cxp6.3.6.1 Cxp Form Factor Adopted for High-Density Signal Transmission in Industrial Applications6.4 Optical Amplifier6.4.1 Erbium-Doped Fiber Amplifiers6.4.1.1 Erbium-Doped Amplifiers Are Extensively Used in Optical Communication Networks6.4.2 Fiber Raman Amplifiers6.4.2.1 Fiber Raman Amplifiers Are Deployed in Long-Haul and Ultra-Long-Haul Transmission Systems6.4.3 Semiconductor Optical Amplifiers6.4.3.1 Semiconductor Optical Amplifiers Amplify Optical Signals at Varying Wavelengths6.5 Optical Switch6.5.1 Optical Switches Allow Photonic Signals to be Managed and Switched Without Converting Them into Electronic Signals6.6 Optical Splitter6.6.1 Optical Splitters Are Integral Component of Passive Optical Networks6.7 Optical Circulator6.7.1 Optical Circulators Are Used to Direct Optical Signals from One Port to Another6.8 Others
7 Optical Communication and Networking Equipment Market, by Technology7.1 Introduction7.2 Sonet/Sdh7.2.1 Sonet and Sdh Are Widely Adopted Transmission Technologies by Telecom Carriers7.3 Wdm7.3.1 Wdm Technology to Dominate Optical Communication and Networking Equipment Market7.3.2 Cwdm7.3.3 Dwdm7.4 Fiber Channel7.4.1 Market for Fiber Channel Technology to Grow at Highest CAGR During Forecast Period
8 Optical Communication and Networking Equipment Market, by Application8.1 Introduction8.2 Telecom8.2.1 Requirement for High-Speed Data Transmission to Drive Demand for Networking Equipment in Telecom Applications8.3 Data Center8.3.1 Rise in Network Traffic and Cloud Computing Services to Accelerate Demand for Networking Equipment in Data Center Applications8.4 Enterprise8.4.1 Growing Demand for Enterprise-Based Solutions Boost Growth of Market for Networking Equipment
9 Optical Communication and Networking Equipment Market, by Data Rate9.1 Introduction9.2 Up to 40 Gbps9.2.1 Data Center Interconnect, Internet Service Providers, and Enterprise Networks to Drive Demand for Optical Networking Devices with Data Rates of Up to 40 Gbps9.3 Greater Than 40 Gbps to 100 Gbps9.3.1 Data Centers, and Government and Financial Institutions to Drive Demand for Optical Networking Devices with Data Rates of Greater Than 40 Gbps to 100 Gbps9.4 Greater Than 100 Gbps9.4.1 Cloud Computing, Metro, and Long-Haul Network Applications to Fuel Demand for Optical Networking Devices with Data Rate of Greater Than 100 Gbps
10 Optical Communication and Networking Equipment Market, by Vertical10.1 Introduction10.2 Bfsi10.2.1 Increasing Demand for Digital Banking Services to Drive Demand for Optical Communication and Networking Equipment10.3 Government10.3.1 Increasing Investments in Networking Infrastructure Boosts Demand for Optical Communication and Networking Equipment10.4 Healthcare10.4.1 Increasing Demand for Digital Healthcare Services to Propel Optical Communication and Networking Equipment Market Growth10.5 Cloud10.5.1 Increasing Demand for Cloud-Based Data Centres to Foster Market Growth10.6 Energy & Utilities10.6.1 Rising Deployment of Smart Grids to Augment Optical Communication and Networking Equipment Market Growth10.7 Others
11 Regional Analysis
12 Competitive Landscape12.1 Overview12.2 Ranking Analysis of Market Players12.3 Competitive Leadership Mapping12.3.1 Visionary Leaders12.3.2 Dynamic Differentiators12.3.3 Innovators12.3.4 Emerging Companies12.4 Strength of Product Portfolio (For All 25 Players)12.5 Business Strategy Excellence (For All 25 Players)12.6 Competitive Scenario12.6.1 Product Launches and Developments12.6.2 Partnership, Collaborations, Agreements, and Contracts12.6.3 Acquisitions
13 Company Profiles13.1 Key Players13.1.1 Huawei Technologies Company, Ltd.13.1.2 Cisco Systems, Inc.13.1.3 Ciena Corporation13.1.4 Nokia13.1.5 Ii-Vi Incorporated13.1.6 Zte Corporation13.1.7 Adtran, Inc.13.1.8 Infinera Corp.13.1.9 Adva Optical Networking13.1.10 Fujitsu13.2 Right to Win13.3 Other Key Players13.3.1 Ribbon Communications13.3.2 Calix, Inc.13.3.3 Lumentum Holdings Inc.13.3.4 Neophotonics Corporation13.3.5 Broadcom13.3.6 Nec Corporation13.3.7 Juniper Network, Inc.13.3.8 Telefonaktiebolaget Lm Ericsson13.3.9 Alcatel-Lucent Enterprise13.3.10 Corning13.3.11 Arista Networks, Inc.13.3.12 Te Connectivity13.3.13 Microchip13.3.14 Padtec
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/j1dpyv
GOOG Stock Is the Gift That Keeps on Giving – InvestorPlace
Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL) is an all-weather investment because of its consistent growth in revenue and earnings, making it one of the most valuable companies in the world. The only thing investors wait for is the right time to invest in GOOG stock.
On that front, the timing couldnt be better. Shares are down over 17% in the year thus far due to concerns over rising interest rates and inflation.
Alphabet continues to grow and benefits from its ambition, product quality, reach, and performance in digital advertising. This has helped it remain the most prominent company in this industry.
However, due to the companys size, it has attracted significant regulatory pressure. Authorities are currently investigating and taking legal action against various tech companies to explore their services antitrust issues. Some legislative initiatives launched by Congress and European governments concerning big tech. These are short-term headwinds for companies like Alphabet.
Plus, Google still relies heavily on advertising revenues. Advertising generates almost 80% of Googles revenue and profits. However, Amazon (NASDAQ:AMZN) has thrown down the gauntlet and is looking to encroach on this space. Amazon has recently reported over $30 billion in advertising revenue last year. Amazons advertising platform has been on a tear lately. It offers great sales potential, and Google could be in trouble if it chooses to ignore this swift rise.
However, on the whole, the company remains in a very good place financially on the back of its historically strong cash position. Therefore, you can rest easy when investing in GOOG stock.
Alphabet is the parent company of Google, which is its most profitable division. It was founded by Larry Page and Sergey Brin in 1998. Alphabet has also been known to own companies such as Nest, Calico and Verily.
Alphabet has gone through many changes since it was founded in 1998. In 2015, Google changed its name to Alphabet. The companys mission statement became to organize the worlds information and make it universally accessible and useful.
Alphabets structure is unique because of its dual structure of holding both an operating business unit called Google and a holding business unit called Alphabet. This structure allows for some separation between the two entities while keeping everything under one umbrella.
Alphabet has many subsidiaries that are involved in different industries, such as life sciences, artificial intelligence, robotics, healthcare and technology.
After a great 2021, the Nasdaq composite has been slipping sharply since the start of 2022, which is important to consider. Under these circumstances, tech companies need to keep current on all aspects of the company and make sure they are maximizing profitability. No tech company worth its salt wants to give investors one more reason to abandon ship.
Alphabets first-quarter earnings report showed some plateauing growth areas, but the company is providing several reasons to remain bullish on one of the best tech stocks in the world.
Alphabet reported impressive returns for the second quarter of 2021. Despite a sluggish economy, the company grew its video platform, YouTube, and established companies with their momentum. The company is investing aggressively in its cloud computing segment and new areas like the metaverse. The markets love the action, so GOOG stock handily outperformed the S&P 500.
The company is not slowing down, letting as many opportunities pass by. Thats why you need to keep investing in GOOG stock.
This is a highlight of Alphabets first-quarter results. One of the main takeaways was its growth in Google Cloud. The cloud computing market is forecasted to grow by leaps and bounds in the next few decades, with a 15.7% estimated growth for the global markets development. Several companies are fighting for their share of the growing market, improving the quality of their product offering along the way.
Alphabet had a 44% increase compared to last year for its Cloud segment. Cloud computing is becoming more popular on the stock market, especially with Google Workspace and Amazon Web Services in demand due to their special features and capabilities. This leads to increased average revenue per seat.
In addition, Alphabet is doubling down on its cloud growth and aggressive hiring. Ruth Porat, Alphabets CFO, furthered the point by explaining that the company hired 7,400 people in Q1 as it worked towards maintaining a high growth rate for the segment.
Alphabet is a corporation that is widely popular in many industries. Its also in the early stages of developing new services and have several patents. The most recent service it rolled out has been cybersecurity.
Alphabet is on the rise, making big plans to avoid detection. It has already bought two cybersecurity companies, and its now working to integrate them. The integration will offer superior protection against threats.
Alphabet announced that its board of directors approved a 20-for-1 stock split, effective on July 15, as part of its fourth-quarter earnings report. It is one of many big tech companies to announce a stock split in recent years. Many tech companies are pursuing this strategy because they want their stock to become more accessible to retail investors.
The combination of its investments in cloud computing and areas like the metaverse has created a great stock. Meanwhile, the wider market correction and the upcoming stock split are icing on the cake, making GOOG stock a cant miss prospect.
On the publication date, Faizan Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines.
Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio.
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GOOG Stock Is the Gift That Keeps on Giving - InvestorPlace
Microsoft (MSFT) Inks Manufacturing Partnership With P&G – Zacks Investment Research
Microsoft (MSFT Quick QuoteMSFT - Free Report) recently announced a multi-year collaboration with The Proctor & Gamble Company (P&G). As part of the deal, Microsoft will co-innovate with P&G to accelerate and expand the latters digital manufacturing platform.
Leveraging Microsoft Azure, AI and Internet of Things solutions, P&G will accommodate the volatility in the consumer products industry with scalable, agile and efficient solutions based on market conditions to ensure faster product delivery and customer satisfaction and improve productivity while reducing costs.
Over the past few years, Microsoft has doubled down on its cloud computing opportunity. The latest partnership is expected to strengthen its competitive position in the cloud computing market.
However, the company has lost 19.3% in the year-to-date period compared with the Zacks Computer - Softwareindustry's decline of 20.4%. Meanwhile, the Computer and Technologysector has tumbled 23.2% year to date.
The adoption of cloud computing has further been accelerated by the pandemic. Cloud-specific spending is expected to increase significantly in the near term. Per a Markets and Markets report, the global cloud computing market is expected to grow at a CAGR of 16.3%, reaching $947.3 billion in 2026. These trends bode well for cloud solution providers such as Microsoft.
The company has been focusing on upgrading and innovating its cloud offerings. Microsofts Azure continues to draw in customers. Per management, the number of $100 million-plus Azure deals more than doubled year over year in the third quarter.
Recently, Microsoft partnered with Accenture (ACN Quick QuoteACN - Free Report) and their joint venture, Avanade, to help organizations manage their sustainability challenges.
Leveraging Microsofts Cloud, Accenture Sustainability Services and Avanades human-centered digital experience, the strategic partnership will help organizations address industry-specific sustainability challenges.
American Airlines also partnered with Microsoft to use Azure as its preferred cloud platform for its airline applications and key workloads. This will significantly accelerate the airlines digital transformation, making Microsoft one of the largest technology partners of the airline.
Earlier this year, leaders across different industries such as Lufthansa Technik, BlackRock and Bridgestone have moved their SaaS platform to Microsoft Azure.
These developments are expected to drive the subscriber base, which in turn is anticipated to bolster top-line growth in the near term. In the last reported quarter, the Intelligent Cloud segment revenues were up 26% (same percentage at cc) year over year, at $19.051 billion. In the ongoing quarter, Microsoft expects overall Azure revenues to be driven by strong growth in the consumption business.
Microsoft faces stiff competition in the addressable market from the likes of Amazons (AMZN Quick QuoteAMZN - Free Report) Amazon Web Services (AWS) and Alphabets (GOOGL Quick QuoteGOOGL - Free Report) Google Cloud
AWS reported revenues of $18.4 billion, up 37% year over year over year growth, in the first quarter of 2022. Recently AWS launched its AWS Mainframe Modernization, a new service that makes it faster and easier for customers to modernize mainframe-based workloads by moving them to the cloud. It has already been adopted by the likes of TCS, Infosys and CGI.
Alphabet-owned Google Cloud revenues rose 43.8% year over year to $5.8 billion in the last reported quarter. Google Cloud recently extended its multi-year partnership with Nansen, a blockchain data analytics platform. The collaboration will enable Nansens Web3 investors with real-time access to high-quality market intelligence, thereby helping them make informed decisions.
Per the latest Canalys report, AWS accounted for 33% of the global cloud spending in first-quarter 2022, sustaining its leading position in the cloud market. Microsofts Azure came in second, accounting for 21% of the worldwide cloud spending. Google Cloud took the third position, representing 8% of the cloud spending.
To combat competition, Microsoft, which carries a Zacks Rank #3 (Hold), changed its licensing terms, which allows it to charge higher prices from customers for using its software in rival clouds.
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Microsoft (MSFT) Inks Manufacturing Partnership With P&G - Zacks Investment Research
Cloud Computing: Are Share Prices Heading Toward Zero, or Is It an Opportunity to Buy? – ETF Trends
By Christopher Gannatti, CFAGlobal Head of Research
Thedrawdownin manystocksfocused on cloud computing software has been, in a word, unbelievable. In basically one months time, from April 11 through May 11, theBVP Nasdaq Emerging Cloud Index (EMCLOUD)a group of cloud-oriented companieshas lost roughly 30% of its value.
In figure 1, we see:
Figure 1: The Drawdown in Cloud Computing Share Prices Has Been INTENSE
Knowing this, the primary question comes back to the following, which we can simplify into two outcomes:
Company Results Support Outcome #2 over Outcome #1
While we are never able to view the future with certainty, the evidence that we can interpret today would tend to indicate that outcome #2 has a higher probability of becoming true.
The big players are still growingFAST.
One of the risks we monitor in cloud computing regards the biggest players shifting from engines of growth to something more like utilitiesthe concept being that everyone able to adopt cloud computing has done so, so the future growth stabilizes.
M&AActivity Is Still Active
While it is true that not every cloud-focused company is involved in M&A, even amidst the share price performance turmoil of 2022, companies are still active.
Cloud Computing Stocks Are Still Delivering Elevated Growth Rates
Conclusion: The Cloud Business Model Is Still Robust Amid Substantial Lowering of Equity Valuations
Some of us might have thought that there has been so much discussion about Westerncentral banksshifting policy from extremely easy to extremely focused on mitigating the risk of runawayinflationthat this must have been priced into equity markets. The recent behavior of software-oriented cloud computing companies would tell us something differentadjustments are clearly still being made. Our bottom line is thisthese subscription-oriented businesses are still largely growing their revenues, even if that growth is nowhere near what would have been seen during the pandemic period in 2020. Those with a time horizon of the next few months may have an extremely uncertain outcome. Those with a time horizon in the range of 5, 7 or 10 yearsas long as the cloud business model continues to find favormay see this downdraft as an interesting opportunity.
Originally published on June 3, 2022 by WisdomTree
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Learn how to reduce your cloud computing carbon footprint at TC Sessions: Climate with Platform.sh – TechCrunch
Were closing in on our first climate-tech conference TC Sessions: Climate & The Extreme Tech Challenge 2022 Global Finals kicks off on June 14 in Berkeley, California. Founders, CEOs, VCs, scientists, policy-makers and developers on the forefront of fighting climate change will be there. Will you?
Buy your pass today and avoid the price hike at the door.
Heres just one example of the leaders youll get to hear, learn from and connect with at the conference. Check the event agenda to see the others, including Bill Gates and U.S. Energy Secretary Jennifer Granholm.
Fred Plais, a TC Sessions: Climate partner, is also the co-founder and CEO of Platform.sh. Hes conducting a breakout session called, Reducing your Cloud Computing Climate Impact. Its a vital topic since, according to an IDC forecast, adopting cloud computing could reduce carbon emissions to the tune of one billion metric tons by 2024.
Clearly, deploying to the cloud is a better choice for the climate, but you can further reduce your emissions by taking a couple of key steps, and Plais will lay them out in his session. Youll learn more about how the tech community is helping to mitigate climate change and walk away with a simple strategy to reduce your carbon footprint in the cloud.
Plais, a serial entrepreneur, has been building and running digital products and teams since 2000. Hes passionate about startups as well as building and managing international teams and impactful projects.
Learn more about our other breakout sessions and the early-stage startups exhibiting at the show be sure to go meet them and greet them.
TC Sessions: Climate 2022 takes place on June 14 in Berkeley, California (with an online day June 16). Knowledge and opportunities await you dont waste another second to buy your pass!
Is your company interested in sponsoring or exhibiting at TC Sessions Climate 2022? Contact our sponsorship sales team byfilling out this form.
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Learn how to reduce your cloud computing carbon footprint at TC Sessions: Climate with Platform.sh - TechCrunch
Cloud Spending: How to Get a Grip on Cost Overruns – InformationWeek
IT chose to move to the cloud and clouds pay-per-use cost models because it wanted to operationalize instead of capitalize hardware and software. This has rendered hardware and software expenses discretionary instead of fixed, which potentially gives IT managers more flexibility to scale expenses upward or reduce them downward.
This sounds ideal, but cloud spending can also give CIOs and CFOs a false sense of security. Many believe they can turn their cloud costs off and on at will. With pay-per-use cloud, there is also a feeling that cloud resources are never wasted because youre only paying for what you use.
But is this really the case?
When you run an application in the cloud, you're not only running the application, but also the underpinning data, network resources, infrastructure resources, storage, and security that are part of the applications total workload.
Even if your staff has tools in the cloud that help manage your workloads, they don't have the same 360-degree visibility of resource utilization that they do in your own data center.
This cloud resource management problem amplifies exponentially when you add the myriad of cloud applications that end users bring to the cloud computing mix.
How, then, do you get on top of cloud spending as a major source of cost overruns in IT? Here are four ways:
In past practice, IT departments brought in independent cost auditors to look at telephony and data communications spend. This was helpful because the bills from telephony and data communications providers were so complex that IT couldnt decipher them. Once the auditors broke down the bills and showed IT what it was spending, there almost always were opportunities to pare down costs.
Cloud computing is no different. The bills are complex, and this makes it difficult for IT to fully understand what it is getting for its money.
This is where an independent cloud cost audit can clarify the cost picture.
Once you have visibility of what youre actually spending, you can work on cost modeling that more accurately captures what your IT workloads in the cloud require.
An independent cloud cost audit will enable you to get your mind around what each application in the cloud is costing you to run. Just knowing this will get you back to the same feeling of cost control that you have in your internal data center.
The beauty of internal data center budgeting is always that you can fully track resource usage and spend of your IT resources. This enables you to calculate the cost for running the data center on an annual basis for purposes of budgeting.
With an independent cloud cost audit in hand, and information that would enable you to extrapolate resource consumption per cloud application, you can apply data center cost discipline in the cloud, even if you are using the cloud in a pay per use mode.
Once you know how much your annual cloud compute spend is, you can consider a more fixed spending plan with each cloud provider that is likely to net you cost discounts.
Like their customers, cloud providers like cost and revenue stability. If you can assess how much cloud resource use you will incur in a year and present this known usage to each cloud provider, you can negotiate a baseline fixed cost contract that each cloud provider will usually discount. You still have the flexibility of pay-per-use payments for anything that goes above these planned-for fixed costs.
Companies that leave their pay-per-use cloud consumption wide open for IT and end users will inevitably overspend. Sometimes overspending and resource upscaling are warranted, but there are also times when cloud resources that aren't being used are being charged for.
Cloud spend waste can be reduced if you automate your cloud usage policies, which you can do by using management tools that most cloud providers offer.
Here are several examples:
Conclusion
As more companies develop their usage histories with the cloud, budgeting techniques will likewise improve.
The litmus test for IT leaders is whether you can sit down with the CFO or your staff and explain exactly what your cloud spend is, what youre spending it on, and what that spend is likely to look like next year, or three years from now.
Most companies havent arrived at this point, but with the cloud resource management tools and cloud audit services that are emerging, there is every opportunity to improve cost performance in cloud computing.
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Cloud Spending: How to Get a Grip on Cost Overruns - InformationWeek