Category Archives: Cloud Hosting

DXC Technology Signs Agreement with Temenos, Enabling its Large Bank Customers to Reimagine Core Banking Transformation – Business Wire

GENEVA & TYSONS, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC) today announced that it has signed a strategic agreement with Temenos (SIX: TEMN), the banking software company to accelerate the digital transformation strategy for DXCs large bank customers. The expanded partnership brings together the extensive cloud hosting, implementation and integration strengths of DXC with the power of Temenos industry leading banking software. The two companies will jointly offer large bank customers the optimal modernization approach to address competitive, regulatory, cost and innovation drivers.

Many large banks are having to contend with complex legacy technology stacks that can include multiple core capabilities, disparate systems and product silos. These banks are embarking on transformation projects to compete with fintechs and neobanks, whose agility allows them to rapidly launch differentiated products and attract new customers. DXC and Temenos are paving the transformation journey by empowering the banks to compete with challengers by quickly adapting their business models and offering differentiated services to their customers.

With the combined strengths of DXC and Temenos, customers can adopt a modern core banking solution, confident in their migration success and benefits of adopting a fully hosted and resilient solution.

Dmitry Loschinin, Executive Vice President, DXC Luxoft Analytics & Engineering: We are excited to strengthen our collaboration with Temenos, the market-leading, cloud-native, banking-technology provider. Core IT systems play a central role in helping banks innovate and deliver next-generation banking services to their customers. And like any major IT transformation, this kind of enterprise-level change needs to be undertaken with the right partners. Together with Temenos, DXCs world-class professional services and deep banking expertise will empower banking customers to begin their IT modernization journey, focusing on their core business strengths while we address the implementation.

Max Chuard, Chief Executive Officer, Temenos said: We are delighted to announce this strategic agreement with DXC, a proven partner for delivering strategic transformation of complex, mission-critical IT systems for financial services firms. This joint go-to-market strategy with DXC is a new channel to market for Temenos, which will accelerate our penetration in the large banks segment, notably with the U.S. market, representing approximately 60% of the total third-party market spend. Together, we seek to help larger banks with complex, legacy IT architectures break down silos, reduce IT complexity and costs, and gain greater speed to market. We can help DXCs customers accelerate their business transformation and provide outstanding customer experiences.

Ends

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. With decades of driving innovation, the worlds largest companies trust DXC to deploy the Enterprise Technology Stack to deliver new levels of performance, competitiveness and customer experiences. Learn more about the DXC story and our focus on people, customers and operational execution at http://www.dxc.technology.

About Temenos

Temenos AG (SIX: TEMN) is the worlds leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 1.2 billion banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.

Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks IT investment is adding tangible value to their business.

For more information, please visit http://www.temenos.com.

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DXC Technology Signs Agreement with Temenos, Enabling its Large Bank Customers to Reimagine Core Banking Transformation - Business Wire

South Africa: our heads are finally in the cloud – IT-Online

Most strategic discussions in boardrooms around the world will include cloud based offerings because the services offered have become fundamental to a modern, resilient enterprise.

Trent Odgers, cloud hosting manager at Veeam

Last year many organisations may well have been taking a wait-and-see approach, but the pandemic has forced everyones hand and sped up digital transformation in all its guises.

Cloud computing is believed to have been invented by Joseph Carl Robnett Licklider in the 1960s with the idea of being able to connect people and data from anywhere at any time. Fast-forward 60 years and the various lockdowns around the world have made this idea an absolute and immediate necessity.

There have been winners and sadly there were losers during the pandemic. Some businesses thrived and others paid the ultimate price. The key criteria for many businesses success was their ability to pivot and adapt to new ways of working.

In many ways, we have entered the age of the pivot: large, complex organisations have to make rapid, if not radical, changes fast in order to survive and adapt to changing needs. While this has always been important to prevent being disrupted, today it is an existential consideration.

The cloud enables a business to pivot faster with less stress. You no longer need to be the guru, or hire the most expensive IT staff.

Rather, choose a reputable partner and give them your requirements. This is particularly true for many industries from financial services, automotive, healthcare and manufacturing, to small and medium sized industries, where there is a high cost of managing their own data and security via costly data centres, so offloading this and adopting cloud services becomes more effective for their business.

Without a doubt, this is one of the main reasons there is such a positive attitude in South Africa toward cloud-based services. Some of the biggest attractions of these services is their ease of use and consumption-based model.

While many South African enterprises have a cloud-first strategy, the most accurate description of the local market is that it is a hybrid-cloud environment. At its most basic, this means that there is a strategic mix of services spread across on-premises, private cloud, managed cloud via local cloud providers and public cloud providers.

All of these services that are being consumed are generating data and that data needs to be backed up, recoverable, secure and compliant. If the service is disrupted, it needs to be restored rapidly, because downtime or breaches carry a large financial and reputational risk for an organisation.

Many words have been written about shifting workforces off-site to comply with government restrictions. Beyond the cybersecurity threats, remote working has meant there is more data at the edge than in January, simply because many people had to take their devices home, or use their personal devices for work.

It is obvious, then, to see why it is non-negotiable for organisations to find partners that are able to manage this data in an integrated and compliant manner.

South Africa is going to feel the full weight of compliance in 2021 when the Protection of Personal Information (POPI) Act comes into force. No longer a concept, compliance now has teeth. The complexities of managing so much personal information are huge, meaning compliance can no longer be an add-on, it has to be front and centre of digital transformation strategies.

SA is on par with the best

Cloud services that are offered by, both public and private organisations in South Africa, are world class. Its not uniquely a South African trait, but we tend to be our own biggest critics. We see first-hand that South African offerings in our partner network are delivering managed services across Africa, Europe and the US with great success.

Companies such as AWS and Microsoft, have already made significant investments in Africa that improve the standard across all elements of cloud-based services, as they require a very high standard which has a positive impact on the entire industry and country. We will continue to see this trend gain more momentum into 2021 as the growth of these services are growing exponentially.

As connectivity and electricity stability improves, the potential for the cloud to change the country and continent is limited only by imagination. With a high-end smartphone, relevant sensors and a fast, stable internet connection, telemedicine could change the face of our continents health systems forever.

Education could also be drastically transformed. Harnessing the power of the cloud could bring world-class education to entire communities no matter where they are and change their current and future prospects.

Of course, this country and continent has unique challenges, but as improving connectivity unlocks the full power of the cloud, we could be unlocking new opportunities and entire new industries.

What is abundantly clear, though, is that Africas time in the cloud is well and truly here. In South Africa, this is being embraced which bodes well for our global competitiveness and prospects.

The industry on these shores is maturing, and with proper Cloud Data Management, organisations can ensure their data is secure and compliant with little to no down time. The world will continue changing at breakneck speed thanks to the vision of Licklider all those years ago organisations need to change with it.

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NASSCOM Feedback on the Draft National Blockchain Strategy – Web Hosting | Cloud Computing | Datacenter | Domain News – Daily Host News

[This blog has been co-authored with Indrajeet Sircar]

The Ministry of Electronics and Information Technology (MeitY) has put together a very comprehensive and forward-looking draft of the National Blockchain Strategy (Draft Strategy). The industry response around the document has been highly positive, and the industry is keen to collaborate with the Government in seizing the opportunity presented by distributed ledger technologies (DLT).

The industry has already started piloting various use-cases of DLT, with several industry members viewing DLT as a technology that is likely to have wide-ranging mainstream applications within an 18-month horizon. Accordingly, to gauge the industrys feedback, we reached out to several domestic and international players, particularly in the Banking and Financial Services Industry (BFSI) sector, where early adoption of blockchain has been prominent.The feedback received from the industry, is a collation of early-stage learnings that members have gathered from their initial pilot efforts, and the recommendations in the present submission are informed by these learnings. We also received some very helpful feedback from the industry in terms of the practical issues that might be faced in the eventual implementation of the framework, and on the potential use-cases that could be prioritised.

Highlights of the Submission:

I. Shortlisting Appropriate Use-Cases

At present, the Draft Strategy lays out several use-cases of DLT that could be prioritised. However, not all such use-cases would demonstrate optimal usage of the technology.Use-cases such as management of birth and death certificates (listed at Page 8 of the Draft Strategy), would not be as optimal a use-case for DLT, since the information would not be altered through the course of multiple transactions. By contrast, a more appropriate use-case such could be land record management, where multiple transactions occur, giving rise to the need to reconcile multiple dynamic data attributes such as title, nature of rights provided (lease/freehold, etc.), and geographical boundaries of land parcels, thereby providing an appropriate test-case for DLT.In this context, the MeitY could consider including a use-case validation framework, to enable the identification of solutions which should be implemented over DLT or a the Unified Blockchain Framework.

II. Role of the Government

At present, the role to be played by the Government towards achieving the stated objectives of the strategy are unclear. Therefore, one of the primary and consistent feedback points received from the industry, is the need for additional clarity over the role of the Government.

Governments Role as Ecosystem Developer-In its ecosystem development role, the Government should consider closer coordination with various State Governments on their blockchain related efforts, and proactive engagement with top global and Indian companies and academic institutions working on blockchain technologies with a view to help develop blockchain ecosystem in India.

Governments Role as Regulator-In its role as regulator, the Government should work closely with international counterparts and technology leaders, to formulate Common and Open Global Standards, together with sector specific standards required for the ecosystem in India.

III. Addressing Tokenisation

The scope of the Draft Strategy is largely limited to DLT and does not deal with tokenisation. However, the industry believes that tokenisation could play a significant role in incentivising ecosystem participation. Tokenisation can enable easier ways for organisations to host nodes and DAPPs.

The feedback received from the BFSI industry segment, highlights several potential applications of tokenisation such as:

The Draft Strategy could consider exploring the potential benefits and risks associated with tokenisation. In particular, the Draft Strategy should explore the potential use-cases for exchange and utility tokens (i.e. not currency or asset-referenced tokens) that are unlikely to give rise to systemic risks.

IV. Data Privacy and Blockchain

The Draft Strategy should recognise the importance of sector specific adoption strategies in blockchain and DLTs when it comes to data privacy. Appropriate data storage strategies need to be adopted by the developers, operators and participants of the blockchain consortiums, in order to ensure compliance with applicable privacy and data protection regulations. The Government and the Draft Strategy could consider providing guidance under the Unified Blockchain Framework, as to what Personal Data should or should not be stored on the chain.Moreover, the final strategy of the MeitY should be informed by and harmonised with requirements around data protection that are soon to be finalised under the ambit of the Personal Data Protection Bill, 2019.

V. Appropriate Legislative Changes for Enabling Wider Adoption

The Draft Strategy should also identify any existing legislative and regulatory bottlenecks that could inhibit the adoption of blockchain and DLT for critical use cases.The MeitY should work to identify similar bottlenecks (if any) to the adoption of blockchain, and suggest appropriate legislative changes required.There are already several helpful proposals in the Draft Strategy relating to regulatory sandboxes for DLT, which could serve as a useful starting point for gathering learnings to inform legislative amendments.

VI. Platform for Lesson Sharing

The Draft Strategy should provide a platform for lesson sharing between the industry, Government and larger DLT and blockchain development ecosystem. In particular, the recommendations of the Draft Strategy should (wherever possible) be linked to lessons and experiences drawn from existing pilots.This could be implemented in the form of a forum for regulators and Government departments to share and exchange views and best practices for enabling/ evaluating blockchain developments. Experts/ Practitioners should be invited to such forum for sharing latest developments. These could be sector focussed.

VII. Role of Universities in Skilling and R&D

Lastly, we appreciate the Draft Strategys emphasis on ecosystem development and capacity building. However, there is a scope to further clarify the role of other ecosystem participants, particularly, universities and research organisations. The Draft Strategy could consider identifying a few areas for the Government to invest strategically in R&D surrounding DLT/blockchain.

[A copy of the detailed submission is attached with this blog]

In case of any further clarifications, please write to komal@nasscom.in/indrajeet@nasscom.in .

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RoseHosting Launches RoseHosting Cloud, a Platform-as-a-Service That Helps Developers and Businesses Scale Efficiently – PRNewswire

ST. LOUIS, Feb. 10, 2021 /PRNewswire/ --RoseHosting, the best-in-class managed VPS hosting solutions provider, announced its latest addition to its hosting services, RoseHosting Cloud - a next-generation web-based Platform-as-a-Service (PaaS), that provides developers and businesses of all industries a fast and simple way to improve their online presence and reliability while reducing costs.

RoseHosting Cloud aims to fill the gap present for many developers and businesses - an easy-to-use system for creating, managing and expanding their server infrastructure. This system makes advanced features such as high-availability, clustering, load-balancing, and scalingall available by a simple click of a button, while making running costs more affordable and predictable.

"We are thrilled to provide businesses and developers with this new platform. Its extensive feature set can help anyone more easily create advanced server setups, all while paying only for what they actually use," said RoseHosting CEO Bob Rose.

"We are thrilled to provide businesses and developers with this new platform. Its extensive feature set can help anyone easily create advanced server setups, all while paying only for what they actually use." - RoseHosting CEO Bob Rose

RoseHosting's new Cloud PaaS provides its users with a straightforward ideology - the intuitive web-based dashboard makes it easy to set up a full server topology, expand on it by adding redundancy and scaling, and import your existing projects, all with just a few clicks.

The Cloud PaaS also includes all of RoseHosting's classic comfort features, such as their legendary Fully-Managed Support and regular backups. The monthly cost of this service is based on the resources used over the billing period. RoseHosting Cloud lets you pay for what you use instead of paying for the resource limits.

This platform provides individuals, startups, and established businesses with the tools and features they need to build robust, advanced systems without requiring the extensive knowledge or prior experience that is otherwise required.

About RoseHosting

Founded in 2001, RoseHosting was the first on the market to provide commercially available Linux VPS Hosting. RoseHosting offers a variety of hosting plans that can fit any use case, big or small. They have built a reputation around their award-winning fully-managed support team. RoseHosting continues to innovate in the hosting industry, providing its users with enterprise-grade hardware and reliability, paired with a fully managed support system that provides for a consistently high-quality hosting experience.

Media Contact Jeff Wilson2977 Hwy K, STE 252O'Fallon, MO 63368[emailprotected] 888-767-3467 Ext: 0

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Microsoft is going to have lots of clouds for industries. Here’s why they matter – ZDNet

Microsoft already has two vertical 'clouds for industry' for healthcare and retail; expect more. "These are the two first ones that came out but there'll be more to come," Takuya Hirano, Microsoft vice president for global alliances and systems integrators partners said during a recent announcement about the state of the Microsoft partner ecosystem.

The plan is to create several more industry clouds where there are opportunities for Microsoft partners and integrators to use their deep industry knowledge and Microsoft tools to create specific end-to-end solutions that fit those types of businesses.

Why go vertical?

The whole point of cloud services is that they're abstractions that can be used to build whatever an organization needs, so having vertical clouds might seem like slapping a marketing spin on existing options.

But industry clouds include specialised versions of general services. There's a healthcare version of Teams with extra features like being able to page someone in a specific role, like the on-call specialist from a particular department. You can build a chatbot for ordering pizza or answering customer support questions with the Azure bot tools, but Microsoft's Healthcare Bot service makes it easier to make chatbots for health. It includes a symptom checker, vetted medical content and language understanding models that are already tuned to understand medical and clinical terminology, so developers don't have to dig into the language-understanding Cognitive Services to teach them that 'rash' is going to be a skin condition rather than a way to describe hasty choices.

SEE: Nextcloud Hub: User tips (free PDF) (TechRepublic)

But specialised as it is, it's now an Azure service rather than part of Microsoft Cloud for Healthcare. So why have specific industry clouds?

A big part of it is to make it faster for partners to build services in the specific industries where they have expertise, Casey McGee, vice president for ISV partner strategy at Microsoft, said. Their industry specializations and the scenarios they see as priorities for those industries determine what 'building blocks' go into the vertical industry clouds.

"Our partner ecosystem in many cases has as much depth, if not more, on the industry side than Microsoft does. Many of these companies have been serving one industry, or one or two industries, for decades."

The Microsoft Research NeXT initiative turns research into new lines of business, and it started looking at healthcare opportunities in 2015, and that included working with partners like Nuance on systems to automate patient documentation as well as working directly with healthcare and research organizations.

More generally, Microsoft has been looking for partners that understand a specific sector, building its strategy for those partners and deciding which industry clouds to launch based on their customer demand.

"There isn't a single Microsoft Cloud for industries that happens without partners," McGee said. "In fact, in all the announcements that we made earlier this year, whether it was healthcare, retail, there are a subset of ISVs and services partners that play a crucial role in that launch. They not only provided feedback into that process but they're key."

For an extremely specific thing like tax audits, Microsoft might talk to partners who have the skills and knowledge but need Microsoft engineering help. Other partners have the knowledge and intellectual property but are looking for help from Microsoft to scale that up so they can work with more customers, and then have Microsoft help them find those customers and make the sales.

With the industry clouds, Microsoft does the engineering to make components that partners use to create solutions and then helps them sell and run those. "They will be very much end-to-end solutions because the engineering team will get in and then the partner can leverage the building blocks to create solutions much more rapidly, and we support them in the go-to-market and execution as well," Hirano explained.

SEE: Microsoft's quantum cloud computing plans take another big step forward

The work Microsoft had been doing with Nuance on 'ambient clinical intelligence' (medical records that get created automatically from real-time transcriptions of patient appointments) showed up when Microsoft Cloud for Healthcare launched. With many doctors offering video appointments because of the pandemic, Nuance took the work it had been doing for its Dragon Ambient eXperience - a device with multiple microphones designed to sit on the wall of a doctor's surgery or hospital exam room and capture up to eight people talking at once to turn the conversation into details for patient records and integrated it into Microsoft Teams.

Partners like Nuance are taking advantage of the Common Data Model (used by Dynamics 365, Teams and the Power platform) for their specific industry. That sounds like a more sophisticated version of Project Oakdale, the low-code way organizations can bring forms from their own line of business applications into Teams.

The building blocks Microsoft creates for partners to use in industry clouds will be built for those specific industry scenarios; but what it learns by building them will likely show up in more general tools for Azure, Office 365 and Dynamics 365 down the line.

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Hyperscalers and managed services: what’s the future – Web Hosting | Cloud Computing | Datacenter | Domain News – Daily Host News

Digital transformation has been one of those important buzzwords in recent years with which we have all become familiar.

However, this year, it really came into its own. Several factors contributed to digital transformations recent domination. Trends such as an increased dependence on cloud computing, IoT, the explosion of data across the organization and the wider need for firms to develop digital platforms are all driving transformation, the use of the cloud, and hyperscalers forward.

Couple this with an accelerated need for these technologies, brought on by the side effects of COVID on business and a requirement for better technology this has equated to many organizations transitioning toward the cloud and its plethora of applications and possibilities at pace.

What is a hyperscaler?

At an enterprise level, enabling the cloud is critical. The majority of organizations applications need to be hosted in some sort of cloud and so for many, it means working with a hyperscaler.

Typically, at its most basic level, hyperscalers provide cloud, networking, and internet services at scale by offering organizations access to infrastructure via an IaaS model. Examples of todays hyperscalers include Google, Microsoft, Facebook, Alibaba, and Amazon. These large companies are mainly dominating cloud services and are continuing to grow.

Many of todays largest enterprises are already customers of all of the hyperscalers, allowing them to pick and choose services that best fit their business and, at the same time, avoid vendor lock-in.

The benefits of using hyperscaler services are multifold. Firstly, its important to recognize the power behind hyperscale data centers. To accommodate fluctuating and high demand, their infrastructure is built on thousands of physical servers and millions of virtual machines. The result is data center resources that are easily accessible, cost-effective, reliable, and scalable.

What does hyperscale mean for my business?

For businesses, hyperscalers architecture often overshadows that of the traditional data center, offering them next-level performance without the complexity of managing a corporate data center. Furthermore, using a hyperscaler offers a level of reassurance in terms of the future. Hyperscalers constantly have an eye on whats next. Microsoft, for example, recently revealed that it invested nearly $20bn to build the infrastructure necessary to support its Azure cloud. These organizations are constantly innovating and developing their infrastructure for the future and businesses that use these services stand to grow and develop in tandem.

Taking advantage of hyperscale

For the next few years, enterprises will want to operate across multiple clouds and multiple data centers. The transformation challenge lies in reconciling a complex ecosystem of physical and virtual platforms that includes the existing enterprise data centers and a multi-cloud strategy.

This must address opening up legacy infrastructure to work with the cloud by answering how it can be transformed and operated to perform as a cloud-like platform. Its often too difficult to refactor legacy applications for the cloud, so why not instead transform the underlying infrastructure to deliver many of the same benefits promised by the cloud?

On this journey towards adopting hyperscaler computing, it will be important for organizations to work with proven consultants and systems integrators that have the knowledge and expertise to enable the benefits of hyperscale computing while controlling the risks and uncertainties.

Within this, the key to achieving these goals is to adopt an end-to-end approach that allows the organization to maximize its cloud value.

Source: Capgemini.com

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Verisign Reports Fourth Quarter and Full Year 2020 Results – Web Hosting | Cloud Computing | Datacenter | Domain News – Daily Host News

RESTON, Va.(BUSINESS WIRE)VeriSign, Inc. (NASDAQ: VRSN), a global provider of domain name registry services and internet infrastructure, today reported financial results for the fourth quarter and full year 2020.

Fourth Quarter Financial Results

VeriSign, Inc. and subsidiaries (Verisign) reported revenue of $320 million for the fourth quarter of 2020, up 3.1 percent from the same quarter in 2019. Verisign reported net income of $157 million and diluted earnings per share (diluted EPS) of $1.38 for the fourth quarter of 2020, compared to net income of $148 million and diluted EPS of $1.26 for the same quarter in 2019. The operating margin was 63.9 percent for the fourth quarters of 2020 and 2019.

Net income for the fourth quarter of 2020 included recognition of $12.4 million of previously unrecognized income tax benefits as a result of the lapse of certain statutes of limitations. This income tax benefit increased diluted EPS by $0.11.

2020 Financial Results

Verisign reported revenue of $1.27 billion for 2020, up 2.7 percent from $1.23 billion in 2019. Verisign reported net income of $815 million and diluted EPS of $7.07 for 2020, compared to net income of $612 million and diluted EPS of $5.15 in 2019. The operating margin for 2020 was 65.2 percent compared to 65.5 percent in 2019.

Net income for the full year of 2020 included the recognition of $204.2 million of previously unrecognized income tax benefits. These benefits resulted from remeasurements of Verisigns accrual for uncertain tax positions as previously noted in the first and third quarter 2020 earnings releases and also due to the lapse of certain statutes of limitations noted above. Cumulatively, these income tax benefits increased diluted EPS by $1.77 for 2020.

Reliance on internet services increased significantly due to the global events of 2020. Our resilient network design and preparedness over decades for challenging scenarios, and our agility and preparation for working remotely, enabled us to reliably and securely meet increased global dependence on the internet, said Jim Bidzos, Executive Chairman and Chief Executive Officer.

Financial Highlights

Business Highlights

Todays Conference Call

Verisign will host a live conference call today at 4:30 p.m. (EST) to review the fourth quarter and full year 2020 results. The call will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4776 (international), conference ID: Verisign. A listen-only live web cast of the conference call and accompanying slide presentation will also be available at https://investor.verisign.com. An audio archive of the call will be available at https://investor.verisign.com/events.cfm. This news release and the financial information discussed on todays conference call are available at https://investor.verisign.com.

About Verisign

Verisign, a global provider of domain name registry services and internet infrastructure, enables internet navigation for many of the worlds most recognized domain names. Verisign enables the security, stability, and resiliency of key internet infrastructure and services, including providing root zone maintainer services, operating two of the 13 global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce. To learn more about what it means to be Powered by Verisign, please visit Verisign.com.

VRSNF

Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. These statements involve risks and uncertainties that could cause our actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the effects of the COVID-19 pandemic, risks arising from the agreements governing our business; new or existing governmental laws and regulations in the U.S. or other applicable foreign jurisdictions; system interruptions, security breaches, attacks on the internet by hackers, viruses, or intentional acts of vandalism; the uncertainty of the impact of changes to the multi-stakeholder model of internet governance; risks arising from our operation of two root zone servers and our performance of the Root Zone Maintainer functions; changes in internet practices and behavior and the adoption of substitute technologies; the success or failure of the evolution of our markets; the highly competitive business environment in which we operate; whether we can maintain strong relationships with registrars and their resellers to maintain their marketing focus on our products and services; the possibility of system interruptions or failures; challenging global economic conditions; economic, legal and political risk associated with our international operations; our ability to protect and enforce our rights to our intellectual property and ensure that we do not infringe on others intellectual property; the outcome of legal or other challenges resulting from our activities or the activities of registrars or registrants, or litigation generally; the impact of our new strategic initiatives, including our IDN gTLDs; whether we can retain and motivate our senior management and key employees; and the impact of unfavorable tax rules and regulations. More information about potential factors that could affect our business and financial results is included in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended Dec. 31, 2019, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Verisign undertakes no obligation to update any of the forward-looking statements after the date of this announcement.

2021 VeriSign, Inc. All rights reserved. VERISIGN, the VERISIGN logo, and other trademarks, service marks, and designs are registered or unregistered trademarks of VeriSign, Inc. and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners.

VERISIGN, INC.

CONSOLIDATED BALANCE SHEETS

(In thousands, except par value)

(Unaudited)

December 31,2020

December 31,2019

ASSETS

Current assets:

Cash and cash equivalents

$

401,194

$

508,196

Marketable securities

765,713

709,863

Other current assets

51,033

60,530

Total current assets

1,217,940

1,278,589

Property and equipment, net

245,571

250,283

Goodwill

52,527

52,527

Deferred tax assets

67,914

87,798

Deposits to acquire intangible assets

145,000

145,000

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Protecting Remote Enterprises in the Cloud – CXOToday.com

As the pandemic spread across the globe, most companies mandated their employees to work from home. Suddenly, organizations needed network infrastructures that could support remote workers logging in to access critical company systems. C-suite executives directed their IT departments to quickly pivot resources to support the altered workforce.

Along the way, companies and employees discovered that working virtually has its benefits and may very well become the new standard of working life. Although some organizations are beginning to have employees return to the office (in a social distance-friendly manner), others such as Google, Twitter and Zillow recently announced that their employees may work remotely indefinitely.*

The shift to remote work also fundamentally alters the need for real estate assets while broadening the talent pool for qualified candidates who are no longer limited by their geographic locations.

Work from Anywhere

In an effort to slow the spread of the COVID-19 pandemic, many employees began working from home.Recent survey reports show that 95%of employees will continue or start to work remotely.

By 2022, more than 50% of those who responded indicated that their physical locations were affected by lockdown orders to some degree.

In 20212022, corporate executives( including Senior management) expect a 333% increase in business and expect more than 75% of their workforce to operate remotely.

Conversely, the survey showed a 65% decrease in businesses that plan to keep most/all employees on-premise,which represents a massive shift in business operations.

Heavy Lifting by Networks

The quick shift from the office to working from home spurred an unexpected business transformation as many organizations discovered that there are long-term benefits to the arrangement, including:

As organizations adopted a diverse employee pool,strategic and valued employees and candidates are no longer bound by geographical locations. Work-life balance has become a table-stakes requirement.To support large-scale remote operations, organizations accelerated the adoption of managed services and the move to the cloud in their effort to build a resilient infrastructure.

As per the survey, even though 43% of the respondents companies had to reduce headcount, they reported a 46% increase in productivity by implementing remote work, improved processes, resilient infrastructure, automation and applications.

Management of ever evolving security threat landscape : Effects of pandemic on network security

The rapid shift in business operations significantly impacted the cyber threat landscape. As companies fast-tracked the migration of digital assets to the cloud, they also inadvertently increased the attack surfaces from which hackers can try to gain access to their data and applications.

C-suite executives are moving quickly with network plans to support exploding customer and supplier demand for contactless interactions and the unplanned need to connect a remote workforce. Yet they are also aware that they are not fully prepared to adequately protect their organizations from unknown threats. The situation is further compounded by the cloud shared responsibility model, which says that cloud service providers are responsible for the security of the cloud while customers are responsible for securing the data they put into the cloud.

Cybersecurity is a key business driver that senior managers know must be incorporated into strategic planning at the highest levels. As the volume and sophistication of cyberattacks continue their relentless pace, organizations seek ways to automate detection and mitigation. Unresolved security incidents can be disastrous to companies already dealing with issues related to the pandemic.

Protecting the cloud

Hosting applications and data in the public cloud is a proven way for enterprises to be nimbler with network operations, improve the customer experience and reduce costs. As more data moves to the cloud with the adoption of contactless payments and remote work initiatives, about 32% of the respondents reported that they rely on public cloud hosting providers to secure their digital assets.

The issue with that approach is that every public cloud provider utilizes different hardware and software security policies, methods and mechanisms, creating a challenge for enterprises to maintain standard policies and configurations across all infrastructures. Plus, public cloud providers generally only meet basic security standards for their platforms because they want to standardize how they monitor and mitigate threats across their entire customer base. Lastly, the aforementioned cloud shared responsibility model further complicates things.

Depending on the type of cloud deployment software as a service (SaaS), infrastructure as a service (IaaS) or platform as a service (PaaS) customer security responsibilities will be determined. The failure of customers to fully understand and adhere to the shared responsibility model is responsible for the majority of public cloud data breaches.That leaves gaps in security, which hackers are more than happy to stay at home behind their keyboards to exploit.

Understanding the Security Risks of Cloud Environments: What cloud security gaps do organizations need to address now?

C-suite executives should not expect the pace of decision-making to slow as the pandemic continues. Network migrations to the cloud, which likely would have taken place over five years, will be compressed into much shorter time spans. In the race to move digital assets to the cloud, most organizations did not have time to ensure basic network security compliance. More than 30% of the respondents said that they rely on their third-party providers to certify security management services.

Although the cloud enables organizations to respond rapidly to pandemic-related issues and market opportunities, the decentralized nature of this model adds complexity to how applications and computing resources are secured.

Organizations cannot simply move their critical business infrastructure and applications to the public cloud and assume that the hosting partner will take care of security. Cloud providers typically deliver the same standardized security across their customer base,essentially a checkbox level offering that meets basic requirements but does not meet the specialized needs of a specific enterprise. This depends on the nature of the application and the enterprises readiness to move to the cloud as is or needing to be transformed into a cloud-native architecture. Organizations may assume that cloud providers are securing their digital assets without realizing how many gaps exist in the broadened attack surface.

To understand where the gaps exist in public cloud network security, organizations need visibility across all the different platforms from one holistic solution that enables management of the security posture by utilizing one common language. The goal is to be able to:

As network architectures get more complex,there is added pressure to secure the new points of attack vulnerability. Cloud environments introduce significantly larger attack surface that requires protection from cyberattacks.

There is also a lack of visibility about which entity the organization or the cloud service provider irresponsible for specific elements of network security.

In the State of Web Application Security Research report, 65% of the respondents said that they are not clear about security boundaries, and 53% of the respondents experienced data exposure as a result of misunderstandings with the public cloud provider regarding security responsibilities.

Increased agility and the pace of assets staged or destaged make it challenging for organizations to realize and protect their rapidly changing security perimeter.C-suite executives should be mindful of potential security gaps as they continue to move digital assets to the cloud.

Indicators of Cloud Security Gaps

Senior executives are seeking ways to reduce risk exposures by proactively aligning network security strategies with business objectives. There are a number of questions they can consider to determine if their cloud environments have security gaps that need to be addressed.

Looking Forward

C-suite executives see the future as a globally dispersed,remote workforce catering to a customer base that primarily interacts with brands digitally, consuming goods and services from the comfort of home.

While the pandemic may have forced companies toward an acceleration into the cloud, C-suite executives embraced the opportunity to future-proof their organizations by building resiliency, honing budget management and adopting new processes and technologies. They quickly rethought their business, products and services and the infrastructure required to support their customers and employees in a contactless economy.

Throughout the next two years, organizations will continue to shift to the cloud and increase their investments in IT infrastructure and applications, in addition to machine learning, AI and automation. This will create more agility and efficiency in business operations and provide a better digital experience for consumers. These changes will require a powerful, complex security posture that is both agile enough to evolve at the speed of business and robust enough to ensure protection against a rapidly expanding threat landscape that specifically targets the cloud

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Protecting Remote Enterprises in the Cloud - CXOToday.com

Global Application Hosting Market : Industry Analysis and forecast 2020 2027: NeighborWebSJ – NeighborWebSJ

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Microsoft to support HPE’s Spaceborne Computer with Azure connectivity, AI processing at the edge – ZDNet

Microsoft and Hewlett Packard Enterprise (HPE) said they'll be working together to connect Azure to HPE's Spaceborne Computer-2. The pair are touting the partnership as bringing compute and AI capabilities to the ultimate edge device -- a supercomputer in space.

HP and NASA partnered to build the Spaceborne Computer, which is a commercial, off-the-shelf supercomputer. The HPE Spaceborne Computer-2 is designed to simulate computation loads during space travel via data-intensive applications. On February 20, HPE's Spaceborne Computer-2 is scheduled to launch into orbit on the 15th Northrop Grumman Resupply Mission to Space Station (NG-15).

By handling processing in space, customers will be able to gain new information and research advancements in areas like weather modeling; plant and hydroponics analysis; and medical imaging for astronauts on the International Space Station, officials said.

The HP-Microsoft Spaceborne announcement is an extension of Microsoft's Azure Space initiative, announced in October 2020. Azure Space is a set of products, plus newly announced partnerships designed to position Azure as a key player in the space- and satellite-related connectivity/compute part of the cloud market.

In other Azure news, Microsoft announced today it will add an East US 3 datacenter region in Georgia (Fulton and Douglas counties). The company didn't provide a date when it would be open, but said it will offer Azure Availability Zones there, which provides support for avoiding/lessening the impacts of datacenter failures. Later this year, Microsoft will launch its already-announced West US3 region in Arizona, officials added.

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Microsoft to support HPE's Spaceborne Computer with Azure connectivity, AI processing at the edge - ZDNet