Category Archives: Cloud Hosting
Lightspeed’s Gaurav Gupta and Grafana Labs’ Raj Dutt will tell us why they financially tied the knot (twice!) – TechCrunch
Many founders only know their own experience fundraising and dont hear much about what other founders went through. On Extra Crunch Live on Wednesday, were going to remedy that.
Grafana Labs has raised upward of $75 million since it launched in 2014. Lightspeed Venture Partners, and partner Gaurav Gupta to be specific, led both the startups Series A and Series B rounds. As far as commitments go, thats a pretty significant one.
The new and improved Extra Crunch Live pairs founders and the investors who led their earlier rounds to talk about how the deal went down, from the moment they met to the conversations they had (including some disagreements) to the relationship as it exists today. Hell, we may even take a peek at the original pitch deck that made it all happen.
Then, well turn our eyes back to you, the audience. That same founder/investor duo (in this case, Grafana Labs CEO Raj Dutt and LVPs Gaurav Gupta) will take a look at your pitch decks and give their own feedback. (If you havent yet submitted a pitch deck to be torn down on Extra Crunch Live, you can do so here.)
The hour-long episode is sandwiched between two 30-minute rounds of networking. From start to finish, it goes from 11:30 a.m. PST/2:30 p.m. EST to 1:30 p.m. PST/4:30 p.m. EST. And Extra Crunch Live will come to you at the same time, every week, with a new pair of speakers.
So lets learn a little bit more about Gupta and Dutt.
Before becoming an investor, Gupta enjoyed a rich career in the product development sphere, holding positions at Elastic (where he led product management), Splunk (VP of Products), as well as Google, Gateway and the McKenna Group. He joined Lightspeed in 2019 as a partner, focusing primarily on enterprise software. Hes led investments in Impira, Blameless, Hasura and Panther, and of course, Grafana. He sits on the board of the last three companies in that list.
Dutt is the co-founder and CEO at Grafana Labs, but the fast-growing company isnt his first go at entrepreneurialism. Dutt also founded and led Voxel, a cloud-hosting startup that was acquired by Internap for $30 million in 2012.
Were absolutely thrilled to have Gupta and Dutt join us on our first episode of Extra Crunch Live in 2021. As a reminder, Extra Crunch Live is for Extra Crunch members only. Were coming to you with a new pair of speakers every week, and you can catch everything you missed on-demand if you cant join us live. Its worth the cost of the subscription on its own, but EC members also get access to our premium content, including market maps and investor surveys. Long story short? Subscribe, smarty. You wont regret it.
Oh, and heres a look at other speakers you can expect to see on Extra Crunch Live:
Aydin Senkut (Felicis) + Kevin Busque (Guideline) February 10Steve Loughlin (Accel) + Jason Boehmig (Ironclad) February 17Matt Harris (Bain Capital Ventures) + Isaac Oates (Justworks) February 24
And thats just the February slate!
All the details to register for this upcoming episode (and more) are available below. Cant wait to see you there!
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Lightspeed's Gaurav Gupta and Grafana Labs' Raj Dutt will tell us why they financially tied the knot (twice!) - TechCrunch
6 amazing benefits of managed hosting to all businesses – KnowTechie
Nowadays, almost every business runs on a bunch of PCs connected with servers. It is the very first thing you do while setting up your office- you go to the market and buy PCs and servers.
Now, as a large scale business like Google, you can afford to run and manage those servers yourselves. But when you have just started and dont have much money or time to spare, you need a professional set of hands doing these tasks.
That is one of the benefits of managed hosting. Managed hosting, also known as dedicated hosting, is a service where a third-party provider takes care of the administration, problem-solving, and maintenance of your hardware and cloud computing resources. The opposite of this is unmanaged hosting or shared hosting.
Usually, the hosting provider that supplies you with the servers and other hardware also performs these duties if you opt for managed hosting. Hostgator and GoDaddy are some of the popular managed hosting providers in India.
But Hostgator provides unlimited web hosting services at unbelievably low rates and hassle-free service. It has various hosting plans to meet your companys server and budget constraints. Whether your business is new or an established one, Hostgator can take care of all your hosting requirements.
To establish a hosting arrangement, you must have a physical server at your own workplace. You end up spending a lot of money and space on that. Instead, you can have your companys server at a large data center (owned by the hosting provider).
In simple terms, instead of finding space at your own office, you are leasing space at your providers data center (also called colocation). The hosting providers data center hosts your servers among many others. But dont worry, because your server is well-compartmentalized and secured.
Depending on your business needs, you can communicate with the hosting provider and download or upgrade bandwidth or space quickly. In managed hosting, your service provider also takes care of any issues that might arise, keeping your website from going down.
When you get unmanaged hosting services, you think you are saving by managing the servers yourselves. But, in reality, you end up splurging a lot more in hidden costs. You will need to hire all kinds of staff from database admins to system admins and provide them with their own equipment.
But if yours is a small-scale business especially, then, you should have managed hosting for your servers. It eliminates additional costs and workforce and allows you to focus on your main work, leaving the server managing to a good hosting provider.
Protecting your business servers from viruses, building a firewall system around them, updating OS regularly and running security audits- all this is server maintenance. Now, rather than doing these tasks yourselves, you can get your hosting provider to do it for you. They are anyhow more capable of doing it.
Hiring a good hosting provider for your servers ensures that your business remains in tip-top shape. You can focus your time on dealing with your clients while your hosting provider takes care of any server issues.
One of the primary features of managed hosting is that the provider detects any vulnerabilities and irregularities proactively. This is vital in a business that runs 24*7. Its one of the most important benefits of managed hosting.
Whereas in unmanaged hosting, you will have to hire a team of professionals to perform this task. Not just that, you will have to stop company operations to allow this to happen. Imagine the kind of losses you can incur in that time.
In a business environment, any glitch or bug can hamper a major deal worth a lot of money. In such situations, you need someone on-hand who can resolve these issues instantly.
With managed hosting, you not only get a professional to look after your PCs, but instead of just the one IT guy, you get an entire team available 24*7, just waiting for you to call. Your system issues are resolved faster and you can sooner get back to work. That important video conference that you had scheduled need not be postponed now.
Balance sheets, confidential information and employee info, almost any information the company servers have need to be backed up. This is valuable information that the company just cant afford to lose, for the sake of the integrity of the business.
In managed hosting, all the information is backed up automatically in a secure location. A good hosting provider has strategies/contingencies in place, to handle any loss of data.
But with unmanaged hosting, your data is not secure and can be lost very easily. And after that, you will be the one taking action to prevent further loss.
When you buy hardware for your business, you build the infrastructure the internet shows you. But with managed hosting, the hosting provider designs your IT infrastructure depending on your business needs. They also take your budget into consideration.
Think about all the money youll be wasting with unmanaged hosting. Wouldnt it be better with managed hosting, where you can invest all the saved money in furthering the business?
So, if theres the startup fever on your mind and you want to quickly get a website up and running, you know what you get managed hosting. I think the above-mentioned benefits of managed hosting can do the convincing themselves.
I no longer need to speak on their behalf. But keep in mind, there are many types of web hosting services that you can get in the market and a wide range of hosting plans that you can opt from. WordPress hosting, VPN hosting, cloud hosting, and reseller hosting are just a few kinds of hosting services that your website might need. Choose wisely and with managed hosting, save wisely in your business.
Have any thoughts on this? Let us know down below in the comments or carry the discussion over to ourTwitterorFacebook.
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6 amazing benefits of managed hosting to all businesses - KnowTechie
Six Enterprises Power the Uptime of the Cloud Era with HAProxy Enterprise – GlobeNewswire
WALTHAM, Mass., Feb. 02, 2021 (GLOBE NEWSWIRE) -- HAProxy Technologies, the company behind the worlds fastest and most widely used software load balancer, introduced a new series of first-hand customer interviews that showcase how HAProxy Enterprise delivers a high-performance web experience. The success story interviews explore how Booz Allen Hamilton, Criteo, DoubleVerify, Microsoft Yammer, Placewise Digital, and True.NL leverage HAProxy Enterprise to power secure and scalable architectures for some of the worlds most demanding web sites and applications.
Customers shared their HAProxy Enterprise success stories through candid, open discussions of how their brands are meeting the ultra high-performance requirements of some of the world's most demanding sites, streamlining the ever-changing application delivery landscape. These interviews and case studies showcase how real users put HAProxy Enterprise into practice to simplify and secure their application delivery architectures.
Read how the latest cloud and container-based solutions are securely deployed to horizontally scale, optimize Kubernetes ingress routing, application acceleration, DDoS, bot management, and web application security:
"So many organizations around the world are facing the same challenges as their web application delivery requirements grow more complex, so its invaluable to hear first-hand from the brands that pave the way with technology innovation, said Dujko Radovnikovic, CEO, HAProxy Technologies. We're thrilled to have our customers open up and share their stories with HAProxy Technologies products, allowing the market to learn from their success.
Read all six customer success stories, and learn from new interviews that will continue to publish in the months ahead, at http://www.haproxy.com/success-stories/.
About HAProxy TechnologiesHAProxy Technologies is the company behind HAProxy, the worlds fastest and most widely-used software load balancer. Organizations rapidly deploy HAProxy products to deliver websites and applications with the utmost performance, observability, and security at any scale and in any environment. HAProxy Technologies is headquartered in Waltham, MA, with multiple offices across the US and Europe. Learn more at HAProxy.com.
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Six Enterprises Power the Uptime of the Cloud Era with HAProxy Enterprise - GlobeNewswire
Research Report and Overview on Iaas Hosting Infrastructure Services Market, – Business-newsupdate.com
Latest Report on Iaas Hosting Infrastructure Services Market Size | Industry Segment by Applications (IT & Telecom, Retail, Manufacturing, Utilities and Others), by Type (On-premises and Cloud Based), Regional Outlook, Market Demand, Latest Trends, Iaas Hosting Infrastructure Services Industry Share & Revenue by Manufacturers, Company Profiles, Growth Forecasts 2025.
The research report on Iaas Hosting Infrastructure Services market provides a broad perspective of this business vertical and comprises of substantial details such as market size, revenue estimation, industry remuneration, and market valuation over the study period.
The study assesses the key factors positively impacting the overall industry landscape on the basis of market growth and sales acceleration. Moreover, it delivers information regarding the major market trends and their impact on the business space.
Request Sample Copy of this Report @ https://www.business-newsupdate.com/request-sample/13635
Major parameters of Iaas Hosting Infrastructure Services market report:
Regional study of Iaas Hosting Infrastructure Services market:
Iaas Hosting Infrastructure Services Market Segmentation: Americas, APAC, Europe, Middle East & Africa.
An overview of the geographical landscape of Iaas Hosting Infrastructure Services market:
Product spectrum and application scope of Iaas Hosting Infrastructure Services market:
Product landscape:
Product types: On-premises and Cloud Based
Key factors encompassed in the report:
Application Landscape:
Application segmentation: IT & Telecom, Retail, Manufacturing, Utilities and Others
Data delivered by the study:
Other details specified in the report:
Competitive space of the Iaas Hosting Infrastructure Services market:
Leading players in the Iaas Hosting Infrastructure Services market: Amazon Web Services, Akamai Technologies, Microsoft Corporation, IBM Corporation, Google, Alibaba Group, Rackspace, Tecent, Kingsoft, China Telecom, Daisy Group, AT&T, Wipro Limited and Oracle
Key aspects listed in the report:
Key questions answered in this report:
What will the market size be in 2025 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Request Customization on This Report @ https://www.business-newsupdate.com/request-for-customization/13635
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Research Report and Overview on Iaas Hosting Infrastructure Services Market, - Business-newsupdate.com
RingCentral Helps Developers Bring Video Meetings, Calls, and Transcription to Their Business Apps – Business Wire
BELMONT, Calif.--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, is today announcing a range of new innovations designed to help developers bring improved communications capabilities to their business apps. These include:
Our vision is to bring the benefits of cloud-based communications to people anywhere on any device, said Sangeeta Walsh, Head of Platform marketing. Central to that is giving developers a reliable and trusted open communications platform that they can easily connect with their apps and services. These latest innovations on our Open Platform will give organizations the tools and solutions they need to transform business communications across their companies and for their customers.
RingCentral Embeddable for RingCentral Video
RingCentral Embeddable enables developers to embed RingCentral Video in addition to voice and team messaging, into business applications in minutes. Key benefits of RingCentral Embeddable include:
Chexout, a contact tracing company, being used by the State of West Virginia and other locations in the U.S., has been using RingCentral Embeddable.
Joe Paulini, CEO, Chexout, said, The current RingCentral Embeddable product has been working quite well and were looking forward to continuing to partner with RingCentral and expand our offering to include RingCentral Video.
Call Supervision, Monitoring, and Streaming API
With real-time transcription, the call supervision, monitoring, and streaming API can be leveraged by developers to build an integration that enhances customer service and the enterprise sales function. Through the integration, users can listen in on a call, with access to separate channels including the active speaker and listener for each party on the call, thereby assisting customer facing agents in resolving issues quickly and monitoring performance, which ultimately enhances the overall customer experience.
Dedicated voice specialist, Red Box, enables customers to analyze data from recorded voice conversations in order to maximize its business value. Now with RingCentrals real-time call streaming API, joint customers of Red Box and RingCentral can access and analyze real-time transcription of conversations to enhance customer service and employee productivity.
As the number of mobile and dispersed workforces continue to rise, it is more important than ever to provide them with the tools they need to be productive, effective, and efficient, said Pete Ellis, chief product officer, at Red Box. With the introduction of this latest API from RingCentral, were able to seamlessly integrate AI and voice analytics to capture conversations -- all in real-time. Customers then have the ability to leverage the data to drive compliance and strategic business outcomes from a conversation. The API is easy to use due to its comprehensive developer documentation and weve received a great deal of support from the RingCentral team.
RingCentral App Gallery
Lastly, RingCentral also made enhancements to its RingCentral App Gallery, providing users with app collections and easy access to industry-leading integrations that work with a variety of RingCentral products and themes such as Glip by RingCentral and Work from Anywhere.
In addition to the above innovations, RingCentral continues to receive accolades for its developer resources, recently winning an award for Best Developer Dashboard in the 2020 DevPortal Awards. The DevPortal Awards brings together the API community to recognize, celebrate and learn from the worlds greatest developer portals and their API documentation.
For more information on building with the RingCentral API, visit https://developers.ringcentral.com.
About RingCentral
RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone(MVP) platform. More flexible and cost effective than legacy on-premise PBX and video conferencing systems that it replaces, RingCentral empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral offers three key products in its portfolio including RingCentral Office, a Unified Communications as a Service (UCaaS) platform including team messaging, video meetings, and a cloud phone system, Glipthe company's free video meetings solution with team messaging that enables Smart Video Meetings, and RingCentral cloud Contact Center solutions. RingCentrals open platform integrates with leading third party business applications and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world.
2021 RingCentral, Inc. All rights reserved. RingCentral, Message Video Phone, MVP, RingCentral Office, Glip, Smart Video Meetings, and the RingCentral logo are trademarks of RingCentral, Inc.
As the global SaaS market surges, who pays for the energy to power it? – Cloud Tech
Few consumers think about the electricity that powers their applications. But for the enterprise sector, whose reliance on SaaS is growing, this is not something that can be ignored.
That leaves many questions. How is the energy use and cost being priced into the services such as SaaS? Are SaaS providers paying too much for power?
SaaS providers are focused on cost per transaction; meaning this becomes a question for the data centre operator. Should SaaS providers demand energy cost transparency and that data centre power provision be more flexible and adaptable?
The figures below reveal there is little doubt that SaaS is taking over the global enterprise software market. So, what are the power cost implications for SaaS players and their data centre partners?
At first glance SaaS, like its enterprise application perpetual licence forebears, may appear many layers above and removed from the physical equipment and energy needed to make it work.
The promise of SaaS (and cloud as a whole) is that it fulfils the desire of IT organisations to abstract their own service provision away from the infrastructure layer. But if the enterprise is no longer managing the infrastructure then this falls to the SaaS provider to source through building or buying the data centres and power to deliver these applications.
The energy consumed by SaaS instances doesnt usually surface as a consideration when selecting which SaaS platform to use. (At least not in the public domain). But as the world focuses on reducing energy consumption and GHGs this is likely to change.
How SaaS applications are powered has huge implications across the entire supply chain of utility companies, data centre providers and ultimately end users.
The revenues in enterprise applications are expected to be around $450 billion in 2020 and the market is expected to reach nearly $500 billion in 2021.
If we unpack this, an increasing share of the enterprise application market is going to be SaaS based. According to FinancesOnline much of the enterprise applications world is already SaaS based.
As a key component of the cloud computing market, the global SaaS market size is estimated to end up at around $158.2 billion in 2020. With a CAGR of 11.7% in the next four-year period, the projected SaaS market size will be about $307.3 billion by the end of 2026. In 2020, it is estimated that the overall worldwide SaaS penetration rate will be at 36%. In the collaboration application segment SaaS penetration is getting the lions share at 81% of the market, it says.
The biggest SaaS applications are collaboration, human capital management, CRM, ERP, BI, SCM and content.
Any list of the worlds top SaaS companies usually places Salesforce at the top, even before it announced its intention to buy Slack for $28 billion. Microsoft is usually number two followed by firms such as Adobe, Box and Amazon Web Services (AWS) SaaS. From the traditional enterprise software world firms such as Oracle, Docusign and IBM software are not far behind along with firms like ServiceNow and Workday.
What every SaaS provider has in common is knowing how to sweat their assets.
The big SaaS companies can be split between those that own and operate data centres, Microsoft, AWS and others that buy data centre services. SaaS companies generally run a hybrid mix of data centres from the commercial colo space and cloud providers.
The delivery model is based on redundancy. Salesforce says: Customer success drives our data centre strategy and delivering the highest standard in availability, performance, and security is our top priority. To that end, we build and serve each Salesforce instance from two geographically diverse data centers to have availability our customers have come to expect from us. At any given time, your Salesforce instance is actively served from one location with transactions replicated in near real-time to a completely redundant, secondary location. We regularly site switch between the locations for maintenance, compliance, and disaster recovery purposes. As we continue to expand and improve our global infrastructure presence, we recommend customers build their applications free of specific data center requirements to support a seamless Salesforce experience.
Salesforce-managed data centres [operate]in: Chicago, Illinois, United States (USA); Dallas, Texas, United States (USA); Frankfurt, Germany (DE); Kobe, Japan (JPN); London, United Kingdom (UK), London North, London West; Paris, France (FRA); Phoenix, Arizona, United States (USA); Tokyo, Japan (JPN); Washington DC, United States (USA), Washington DC North, Washington DC South.
It adds: In addition, we have instances served from AWS Cloud infrastructure in the United States, Canada, and Australia. These instances are located in two or more separate Availability Zones within each respective country.
So, the model is clear. SaaS provision operates on redundancy from paired data centres. This is true for every enterprise SaaS player.
All very interesting but what has this to do with the price of butter?
Price per transaction is a priority for SaaS companies. The SaaS business model demands providers look to drive out costs and get the greatest ROI from their assets wherever and however possible.
But those SaaS companies which rely upon colocation data centres dont have control over the power element of their cost base, because the way data centre power topologies have been designed dictates how power is provisioned. They are fixed and wasteful. As SaaS continues to scale, power costs as a percentage of cost of goods can only rise. If SaaS providers are paying too much for power or having to pay for power they dont use then that becomes an additional cost to be passed on to the end user.
Here are some questions:
To address these questions, indeed to answer many other questions which are starting to surface about cloud provision of all kinds, Power as a service (PaaS) needs to become an available offering from service providers. Fortunately, technology already exists which can enable the sorts of fixed data centre power systems which are ubiquitous to fulfil the adaptable and redundant power requirements of SaaS applications.
Adaptable Redundant Power (ARP) from i3 Solutions Group, is one such solution designed to address many of the flexibility requirements to make PaaS a reality for SaaS environments. By making energy use more economical and flexible, ARP technology brings agility to data centres by accessing trapped power and reconfiguring the power system topology to provide granularity to match SaaS service levels. The obvious benefits are power resilience better aligned with SLAs, more efficient utilization and the reduction of needless emissions.
In the end all costs of production and delivery are ultimately charges the customer must bear. Unlike consumers, enterprises cannot ignore the cost of electricity that powers their applications. At the same time, SaaS market players will likely face more regulatory and investor scrutiny of their power use and carbon footprint. Neither they nor their data centre partners can afford to risk letting the cost of power spin out of control. Smart commercial data centre operators who are hosting, or wish to host, large SaaS customers can add value to their offering by providing PaaS based on technologies such as ARP.
Read more: How SaaS companies can build on their popularity with a good digital marketing strategy
Photo by Pawe Czerwiski on Unsplash
Interested in hearing industry leaders discuss subjects like this and sharing their experiences and use-cases? The Data Centre Congress, 4th March 2021 is a free virtual event exploring the world of data centres. Learn more here and book your free ticket:https://datacentrecongress.com/
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As the global SaaS market surges, who pays for the energy to power it? - Cloud Tech
What are the Role of DevOps in Driving Business Outcomes? – Web Hosting | Cloud Computing | Datacenter | Domain News – Daily Host News
DevOps is a development technique IT organizations are fast embracing. It guarantees increased software development speeds and increased business agility that originates from smoothing out and quickening the collaborations between development and operations processes. It changes how businesses deliver software, focusing on providing value to end clients or users.
Earlier, implementing changes and improving complex business cycles meant carrying out changes for the sake of change. It was not about measurable improvements. Therefore, it was essential to set up metrics to evaluate DevOps effect. Unfortunately, users often ignored this critical step.
In this context, introducing new updates to existing processes took a very long time. Development methodologies like waterfall and legacy infrastructure further increased development time, taking as long as a year and more for project completion. Traditionally, changes to applications took time to implement. Companies struggled to adjust to changing requirements as activities were more storehouse-based and, in many cases, separated from the core business process.
However, with technology getting faster, businesses have changed how they work, adopting development practices like DevOps.
Before listing DevOps benefits, lets have a brief look at what DevOps is.
DevOps is the combination of social ways of thinking, practices, and tools to increase an associations capacity to deliver applications and services quickly. It combines software development (Dev) and IT operations (Ops) to make frameworks and work processes that bring together tools, individuals, and practices to enhance business performance.
A typical DevOps model works by ensuring that development and operations teams dont work in siloes. These two groups function as one unit in a DevOps model, where the engineers work across the whole lifecycle of the application, from development and test to deployment and operations.
The advantages of using DevOps are becoming more prominent with the proliferation of the cloud. Cloud has helped developers:
Many organizations have taken help fromcloud consultancy servicesto enhance business performance to set up the optimal cloud infrastructure. By utilizing cloud tools and services to automate how they build, oversee, and share the code, eliminating possible human mistakes or errors, service teams have accelerated the development cycle and have set up process automation.
The most effective methodologies for DevOps transformation mainly focus on structural enhancements that build the network. Robert Stroud who is the late DevOps authority said that DevOps is all about fueling business goal transformation that includes individuals, cycles, and culture change. An effective DevOps activity requires a culturalor attitudinalchange that brings more collaboration between different groupssecurity, engineering, operations, IT and so onas well as automation to accomplish and meet the business objectives or goals better.
Another benefit of DevOps is its ability to achieve stability and speed. A multi-year detailed examination in the annual Accelerate State of DevOps Report has discovered that best-performing DevOps associations upgrade software development/deployment stability and speed. By upgrading, it allows the user to accomplish key operational prerequisites of ensuring that their product or service is easily accessible to end clients.
Optimization of the entire business is the other main benefit. In other words, to be more versatile and information-driven for alignment with customer and business needs. Patrick Debois who is the System engineer, best known as the creator of the DevOps movement, says the greatest advantage of DevOps is the understanding it gives. It forces the business associations to optimize for the entire framework, not merely IT siloes, to improve the business overall.
To fill the DevOps roles By hiring or retraining IT experts, IT leaders can take the primary first step towards achieving a useful DevOps delivery model. An effective progressive transition to the DevOps environment is more about individuals and how they coordinate to deliver products in new ways than it is about technology.
Source: The Role of DevOps in Driving Business Outcomes
The post What are the Role of DevOps in Driving Business Outcomes? appeared first on NASSCOM Community |The Official Community of Indian IT Industry.
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What are the Role of DevOps in Driving Business Outcomes? - Web Hosting | Cloud Computing | Datacenter | Domain News - Daily Host News
Flexibility Drives Firms to the Cloud: Podcast – FTF News
This is the second of a two-part FTF Exchange podcast with James Corrigan from SimCorp North America.
Financial services firms, including the buy side, are flocking to the cloud because it offers access to important integration tools and greater flexibility, says James (Jamie) Corrigan, executive vice president and managing director for SimCorp North America via an FTF Exchange podcast.
This is the second part of a two-part podcast chat with Corrigan. In this installment, Corrigan focuses on the Ops challenges of managing multi-asset portfolios, among other issues. The overall goal for firms is to optimally manage risk across an entire portfolio, and to put efficient operating models in place, he says.
Cloud computing is playing a greater role in all of this.
Over the past five years, firms have been more willing to embrace cloud-hosted environments, Corrigan says. When he joined SimCorp six years ago, most of the new clients preferred to host the vendors offerings internally, he says.
The other half would want to use our hosting that we built up our cloud offering. But then as weve progressed through, I think the demand for cloud has changed a little bit. Its gone from simply wanting providers like us to run the technology, and the upgrades, and whatnot to wanting it in the cloud because they want more robust APIs [application programming interfaces], Corrigan says. Firms also want to access data models and integrate them with the partnerships theyre creating. Youre seeing a demand for more open environments, and more flexibility. And that, ultimately, is what the cloud gives you.
In the first part of the podcast, Corrigan talks about why he thinks the company won the Best Buy-Side Enterprise Solution award for 2020 via the FTF News Technology Innovation awards competition: http://bit.ly/3t7VNwT
(The 2021 FTF Awards process has recently launched: http://bit.ly/3pxUKEc ).
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Flexibility Drives Firms to the Cloud: Podcast - FTF News
Cloud Hosting Services provided by Rackspace USA to that Indian Customers arent Royalties as per … – taxscan.in
The Income Tax Appellate Tribunal (ITAT), Mumbai bench held that cloud hosting services provided by Rackspace USA to that Indian customers are not covered under the definition of royalties as per India-US Tax Treaty.
The assessee did not file any return of income for the A.Y.2010-11 and certain transactions were seen in the NMS database available in 1- Taxnet System based on which the AO recorded reason to believe in accordance with provisions of Section 147 of the Income Tax Act that the income has escaped taxation.
During the year under consideration, the assessee earned income from cloud services including cloud hosting and other supporting and ancillary services provided to Indian Customers. The assessee filed the return of income and the notes stating therein that the cloud hosting services was not taxable as royalties under Article 12 of the India-US tax treaty as the customers do not operate the equipment or have physical access to or control over the equipment used by the assessee to provide cloud support services and do not make available technical knowledge, experience, skill, know-how etc., to its Indian Customers and the cloud support services are not in the nature of managerial, technical or consultancy services and consequently do not constitute fees for included services within the meaning of Article 12 of the India-USA Double Tax Avoidance Agreement (DTAA).
The assessee claimed that revenues earned on account of cloud hosting services constitute business profits and since it did not have Permanent Establishment (PE) in India under Article 5 of the DTAA, the same would not be subject to tax in India under the provisions of Article 7(1) of the DTAA.
There was a mismatch of receipts as per 26AS and as per party-wise receipts furnished by assessee, therefore, the notice was also issued. After the reply of the assessee and in accordance with the direction of the DRP, the receipt in sum of Rs.17,12,52,670 was considered as Royalty and held to be 10% taxable as per India USA DTAA prescribed taxation rate.
The coram headed by the Vice President Pramod Kumar clarified that the amendments in the domestic tax law cannot be read into the tax treaty as there is no change in the definition of royalties under the India-USA Tax Treaty.
The ITAT said that the retrospective amendment in the royalty definition under the Act does not impact the definition of royalties in the India-USA Tax Treaty. The tribunal held that the services provided by Rackspace USA to that Indian customers are not covered by the above definition of royalties provided in the India USA Tax Treaty since Rackspace USA is providing hosting services to the Indian customers and does not give any equipment or control over the equipment.
The gross GST revenue collected in the month of January 2021till 6 PM on 31.01.2021 is 1,19,847 croreof which CGST is 21,923 crore, SGST is 29,014 crore, IGST is 60,288 crore(including 27,424 crores collected
The Institute of Chartered Accountants of India ( ICAI ) has extended the Condonation Scheme to regularize UDINscan now be generated up to 28th Feb, 2021. This has reference to the Condonation Scheme to regularize
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Cloud Hosting Services provided by Rackspace USA to that Indian Customers arent Royalties as per ... - taxscan.in
Productivity and profitability software provider gives helping hand to law firms moving to the cloud – Microsoft
An international technology organisation is helping some of the worlds biggest law firms break with tradition and use technology to improve how they work.
BigHand, whose clients include global firms like DLA Piper and Clyde and Co, is working with law firms to roll out tools that support remote work delegation and task management, standardise documents, help with pitching and pricing and provide in-depth data and insight to inform decisions.
BigHand has supported many of its clients, including Clyde and Co, in hosting their products in their own Azure environment, and are progressing with plans for a full cloud migration strategy to host all its technology solutions within its own Azure Cloud platform, with a view to host it on behalf of a firm.
Microsofts Azure Cloud platform ensures that law firms can access the technology from anywhere, at any time, on any device while guaranteeing that company data is securely held within the customers chosen Azure region.
Briana McCrory, Group Marketing Director at BigHand, said: We are working with our clients to understand their cloud requirements and how we can support them with this, as we evolve our cloud migration strategy. Whether our customers are established, international firms or work within smaller regions, our productivity and profitability tools can help them. We recognise that the cloud offers data security, is available to staff at all times and enables easy access to new features and functionality.
Our research shows that many legal companies want to switch to a cloud-based workflow solution, and BigHand, supported by Microsoft technology, is aiming to help them with our legal-specific solutions.
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Some of BigHands most popular tools include:
BigHand is also working with NHS trusts in the UK to support healthcare teams as they move to the cloud and use digital tools. South West London and St Georges Mental Health NHS Trust, which serves 1.1 million people and employs 2,000 staff, uses BigHands digital dictation tools to reduce the administrative burden on clinicians and improve turnaround time on items such as GP letters and risk assessments.
As a result, the number of GP letters going out within two weeks of assessment has been steadily increasing by 5% every month. The system has saved doctors, nurses clinicians an average of up to 20 minutes per letter, giving them more time to focus on patient care.
Michael Wignall, Azure Business Lead at Microsoft UK, said: Microsofts Azure cloud platform has a range of tools that can help businesses work more effectively and efficiently, wherever they are on their digital transformation journey. Azure can address concerns such as data residency, security and analytics, which are important considerations for legal firms, and empower staff to work more collaboratively. Whatever the needs of your business, Azure can help.
Click here to learn more about how Microsoft Azure can help your business.
Click here to learn more about BigHands productivity and profitability solutions, built specifically for law firms.
Tags: Azure, legal, microsoft
Original post:
Productivity and profitability software provider gives helping hand to law firms moving to the cloud - Microsoft