Category Archives: Cloud Hosting
Professional Services Automation Market Key Vendors, Analysis by Growth and Revolutionary Opportunities by 2025 – Apsters News
Global Professional Services Automation Market: Snapshot
The global market for professional services automation is expected to expand alongside the adoption of automation technologies across commercial units. Professional Services automation refers to the creation of automated systems for bill generation, expense monitoring, time tracking, and resource allocation in companies or businesses. Professional services automation offers a wide range of benefits to organizations in the form of reduced processing time, improved efficiency, satisfied customers, and reduced costs. International companies are on the lookout for options that can help them function with agility and nimbleness. In order to do this, it is extremely important for these companies to shorten their chain of operation by effectuating smarter systems.
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Hence, the demand for professional services automation is expected to be driven by the efforts of organizations to bring about standardization on the operational front. Furthermore, the quest to achieve customer satisfaction has also driven demand within the global market for professional service automation. Artificial intelligence (AI) has emerged as the backbone of automation technologies and has revolutionized the way companies look at their operations. This penetration of AI into the framework of organizations has also led to the growth of the global market for professional services automation.
The swift adoption of automation technologies across North America has been the key reason behind the growth of the market for professional services automation in the region. Furthermore, the markets in Europe and Asia Pacific are also expected to expand on account of the emergence of new companies with advanced operational benchmarks and better recourse.
Global Professional Services Automation Market: Overview
Professional service automation systems are a type of software products that are designed to aid professional services and companies to streamline numerous operations, enhance their efficiency, and gain a higher profitability and productivity. These systems can be seen as a complete business solutions and have a variety of capacities which include billing, project management, time tracking, expense management, invoice management, and resource allocation.
The global market for Professional Services Automation could be segmented in terms of the different solution types and services provided. The global market could also be segmented in terms of the type of deployment, size of organization, and by geography. Such in depth and precise segmentation of the global Professional Services Automation market offered by the report helps in grasping the all-round growth prospects and the future outlook of the different segments of the market and thus, helping the potential buyers to make informed decisions while investing in the market.
The report on Professional Services Automation market provides the analysis and forecast on regional as well as global level. It offers historical data of the year 2016 along with the anticipated data of 2017, and a forecast data up to year 2022 in terms of revenue as well as volume. The report also provide vital driving and impeding factors for the development of the global Professional Services Automation market and their impact on each region over the duration of the given forecast period. The report also offeres the value chain analysis of the market with a list of manufacturers. The research report on the global market for Professional Services Automation provides vital growth prospects and key trends and opportunities that may come up in the market over the course of the given forecast period. The research report is the result of in-depth and extensive primary as well as secondary research methodologies backed by crucial market insights offered by the industry professionals.
Global Professional Services Automation Market: Trends and Opportunities
Of the two vital methods of deployment of the Professional Services Automation (PSA) systems are on premise-PSA and cloud PSA products and services. These services are hosted on cloud platforms and are gaining increasing popularity, specifically among the medium and small sized companies. The several advantages of cloud hosting with respect to disaster recovery, flexibility, diminished infrastructure development, and increased collaboration cost are some of the key factors expected to drive the overall growth of the global Professional Services Automation market over the coming years. In addition to this, the growing inclusion of tablets, smartphones and other gadgets to the internal networks of the companies are also expected to help in driving market growth.
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Global Professional Services Automation Market: Market Potential
A recent observation found by the industry experts that AI (artificial intelligence) can considerably add benefits to the global Professional Services industry. It is expected to create a huge wave both in terms of adoption and uptake with automation industry likely to be heading towards the heavy use of AI. AI is expected to be the future of computer technology and with automation of the professional services, it is only time the market is can experience the impact of AI in the professional services industry
Global Professional Services Automation Market: Geographical Segmentation
The global Professional Services Automation can be segmented into key regions such as North America, Middle East and Africa, Europe, Asia Pacific, and Latin America.
Global Professional Services Automation Market: Key Players
Some of the key players in the global market include names such as FinancialForce PSA, Deltek, Projector PSA, and Autotask Corporation among others
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Professional Services Automation Market Key Vendors, Analysis by Growth and Revolutionary Opportunities by 2025 - Apsters News
VyOS and FastNetMon Announce Integration | 2020-07-01 | Press Releases – Stockhouse
BARCELONA, Spain and LONDON, July 1, 2020 /PRNewswire/ -- Sentrium has established a partnership with FastNetMon to provide official support for those customers who are interested not only in a reliable router but also in protection against various DDoS attacks. This collaboration will help bring both companies in a position to give more value to current customers and attract new ones.
The advantage of such cooperation is the opportunity for customers to get a powerful customizable platform for network devices with the ability to detect and filter out only malicious traffic flowing into or from the customer's network.
VyOS is known as a fully open-source network OS that runs on a wide range of hardware, virtual machines, and cloud providers and offers features for any networks, small and large.
Yuriy Andamasov, Community and Business Coordinator of VyOS Project said: "We are greatly interested when it comes to collaboration with FastNetMon. This partnership is very exciting for both organizations. It combines the solutions which, through defined development and testing methodologies, will satisfy the needs of even the most demanding customers. We believe that the best way to reach and support more small, mid-sized, and enterprise businesses and their clients is via this integration."
Pavel Odintsov, Project Founder said: ''We are really happy to start our cooperation with VyOS project and offer smooth integration between our products for benefits of the customers. Routing platform configuration for reliable and fast DDoS detection is very challenging task and we're going to rely on proven and solid platform provided by VyOS team to address this challenge.''
While the main development of the joint integration of both products are in the process, learn more about using use FastNetMon Advanced with VyOS routing on the links:
- FastNetMon VyOS Netflow configuration
- FastNetMon VyOS sFlow v5 configuration
About VyOS
VyOS project started in 2013 as a fork of Vyatta Core when the open-source Vyatta version was discontinued.
Now VyOS is a fully open-source network OS that provides a wide range of features for any network, from small business to Internet service provider. It runs on commodity x86 hardware from desktop router boards to large servers, as well as virtualized in all popular hypervisors and multiple cloud hosting platforms including VMware, KVM, Xen, Amazon EC2, Microsoft Azure, Google Cloud Platform and more.
Its aim is to provide the reliability and user experience of traditional hardware routers, without getting tied to any specified hardware or software vendor. Unified command-line interface and HTTP API for all functions, built-in configuration versioning and archiving, and reversible image upgrades allow network admins to make configuration changes easily.
https://sentrium.io,https://vyos.io
About FastNetMon
FastNetMon was started as an open-source project for DDoS detection. From the first days of the project, we were heavily committed to the open-source community.
FastNetMon protects more than nine thousand customers from DDoS. It can detect all most popular volumetric attack types and immediately block them with BGP blackhole or BGP flow spec rules (in Advanced Edition only). Solid support for all top network vendors provides easy and fast set up on a network.
FastNetMon is a very high-performance DDoS detector built on top of multiple packet capture engines: NetFlow, IPFIX, sFlow, and SPAN/port mirror. Instant attack detection (from 2 sec), unlimited scalability (tested up to 2.5 Tbits and 3 millions of flow/s) and rich traffic reports provide reliable protection of your network.
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VyOS and FastNetMon Announce Integration | 2020-07-01 | Press Releases - Stockhouse
India bans 59 Chinese apps including TikTok and WeChat – Data Economy
The opening is part of Oracles global plans to operate 36 second-generation Cloud regions by the end of 2020.
Oracle has announced its second Cloud region in Hyderabad to support customer demand for enterprise cloud services in India.
The opening follows the launch of its Mumbai Cloud region in 2019, making India Oracles latest country with multiple cloud regions available.
With this launch, India joins the US, Canada, Japan, Australia, South Korea, and the European Union in having multiple Oracle Cloud regions that facilitate enterprise-class disaster recovery strategies.
Enterprises across JAPAC are turning to Oracle Cloud to rapidly improve performance and accelerate innovation to launch new products faster to market and create incredible customer experiences, said Garrett Ilg, Executive Vice President, Japan and Asia Pacific, Oracle.
With Oracle opening dual cloud regions in Australia, Japan, Korea and now India, we are further renewing our commitment to support growth in the new decade.
In addition to the Hyderabad Cloud Region, Oracle recently announced the opening of five Oracle Cloud regions in Melbourne (Australia), Jeddah (Saudi Arabia), Osaka (Japan), Amsterdam (the Netherlands) and Chuncheon (South Korea).
A large number of Indian organisations are looking to change growth orbits with greater focus on cloud-led innovation, said Shailender Kumar, Regional Managing Director, Oracle India.
With two Oracle Cloud regions live in India, were fully geared to support our 15000 plus customers in their innovation journey, with adequate support by nearly 1000 specialised Oracle partners.
Oracle opened 20 Cloud regions in the past year and currently operates 24 regions globally 16 commercial and six government.
By the end of this year, the company plans to open additional new cloud regions in the US (San Jose, CA), Brazil (Vinhedo), the UK (Cardiff, Wales), Singapore, Israel, South Africa (Johannesburg), Chile (Santiago), Saudi Arabia and two in the United Arab Emirates.
Oracle continues to be a trusted technology partner for us, powering a large number of our citizen-centric services, said Jayesh Ranjan, Principal Secretary, Industries & Commerce (I&C) and Information Technology (IT), Government of Telangana.
We congratulate Oracle India on opening their second Cloud region in Hyderabad. This will surely help both public and private enterprises in our state to take advantage of Oracle cloud services.
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India bans 59 Chinese apps including TikTok and WeChat - Data Economy
Global Bare Metal Cloud Market with Covid-19 Effect Analysis | likewise Industry is Booming Globaly with Key Players IBM Corporation, Oracle…
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Bare Metal CloudMarket which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Bare Metal Cloud Market Players to battle Covid-19 Impact.
The Bare Metal CloudMarket report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Bare Metal Cloud market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Bare Metal Cloud market.
Top Leading players covered in the Bare Metal Cloud market report: IBM Corporation, Oracle Corporation, Centurylink Incorporation, Rackspace Hosting, Incorporation, Internap Corporation, Packet and More
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The report offers clear guidelines for players to cement a position of strength in the global Bare Metal Cloud market. It prepares them to face future challenges and take advantage of lucrative opportunities by providing a broad analysis of market conditions. the global Bare Metal Cloud market will showcase a steadyCAGR in the forecast year 2020 to 2026.
Market Segment by Type covers:Networking ServicesDatabase ServicesIdentity and Access Management ServicesVolume and Object Storage ServicesProfessional ServicesManaged Services
Market Segment by Application covers:Banking, Financial Services, and InsuranceGovernmentHealthcareRetailManufacturingIT and TelecomOthers
Our Complimentary Sample Bare Metal Cloud market Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.
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Regions Covered in the Global Bare Metal Cloud Market: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Years Considered to Estimate the Bare Metal Cloud Market Size:History Year: 2015-2019Base Year: 2019Estimated Year: 2020Forecast Year: 2020-2026
Highlights of the Report: Accurate market size and CAGR forecasts for the period 2019-2026 Identification and in-depth assessment of growth opportunities in key segments and regions Detailed company profiling of top players of the global Bare Metal Cloud market Exhaustive research on innovation and other trends of the global Bare Metal Cloud market Reliable industry value chain and supply chain analysis Comprehensive analysis of important growth drivers, restraints, challenges, and growth prospects
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Leaseweb’s Five-Year growth Exceeds Double the Market Average, Further Cementing Position as Top Player in International Cloud Hosting Market – PR Web
Leaseweb's accomplishment is attributed to a focused approach to grow the companys global presence over five years.
AMSTERDAM (PRWEB) June 30, 2020
Leaseweb, a leading hosting cloud company, today announced that the growth in its global hosting infrastructure and related network capacity has grown twice the market average. The accomplishment is attributed to a focused approach to grow the companys global presence over five years and has seen Leaseweb achieve a 22% increase in data center locations worldwide. The result is a 55% increase in network capacity and a leap in bandwidth from 5.5 to 10Tbps, enabling Leaseweb to successfully adapt to international market change, and meet customer demand for local and global cloud infrastructures.
Following the launch of new locations in London and Sydney at the end of 2017, Leaseweb opened a data center facility in Miami last year, providing a springboard into South America, and bringing to 20 the total number of data center locations operating globally, with 80,000 servers under management. Most recently, Leaseweb completed the network expansion of its Amsterdam data center, enabling further growth and paving the way for applications that benefit from 100Gbps connectivity. Additionally, the acquisition of US-based managed hosting services companies, ServInt and NOBIS Technology Group, has given more end-users access to Leasewebs portfolio of solutions via its existing data centers.
As well as growing its data center location and services portfolio, Leaseweb extended its IaaS platform into Asia via Leaseweb Cloud, completing the full spectrum of its public and private cloud products available in the region. The company also enhanced its cloud backup and protection offerings, allowing the delivery of an easy-to-use, fast and reliable data protection solution for cloud and internet professionals. Moreover, Leaseweb began offering All Flash FAS storage across its cloud portfolio, reducing latency and increasing reliability for business-critical cloud applications.
Businesses that operate worldwide, which take pride in their competitive edge, seek the kind of global hosting and infrastructure provider who can deliver best-in-class user experiences locally and reliably, said Alexander Kalkman, CMO at Leaseweb. This need feeds directly into our goal to grow globally as the first provider businesses turn to for the provision of cloud infrastructure that not only meets local requirements but offers a footprint to reach customers across borders. Looking forward, we are committed to a continued growth trajectory and delivering superior cloud hosting technology globally, engaging with our customers in a personalized, human-to-human manneran approach unmatched by industry giants and highly valued by our customers.
Leasewebs commitment to helping customers meet their hosting and managed service needs is particularly evident in the Adtech and Martech sectors, which are key focus areas. Adjust, a mobile attribution and analytics company, leverages Leasewebs ability to provide multiple private racks of dedicated servers across the globe. Leaseweb provides racks which are redundantly connected to the core network with 2x 200 Gbps and offers high-speed links between servers (varying 20-40 Gbps, depending on the needs of the region). Algolia, a distributed search-as-a-service API, chose to work with Leaseweb due to its customer-centric and global mindset. Through this collaboration, Algolia was able to build a highly available API distributed over 12 regions, leading them to become one of the top companies for custom search.
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About Leaseweb Leaseweb is a leading Infrastructure as a Service (IaaS) provider serving a worldwide portfolio of 18,000 customers ranging from SMBs to Enterprises. Services include Public Cloud, Private Cloud, Dedicated Servers, Colocation, Content Delivery Network, and Cyber Security Services supported by exceptional customer service and technical support. With more than 80,000 servers under management, Leaseweb has provided infrastructure for mission-critical websites, Internet applications, email servers, security, and storage services since 1997. The company operates 20 data centers in locations across Europe, Asia, Australia, and North America, all of which are backed by a superior worldwide network with a total capacity of more than 10 Tbps. Leaseweb offers services through its various subsidiaries, which are Leaseweb Netherlands B.V. (Leaseweb Netherlands), Leaseweb USA, Inc. (Leaseweb USA), Leaseweb Asia Pacific PTE. LTD (Leaseweb Asia), Leaseweb CDN B.V. (Leaseweb CDN), Leaseweb Deutschland GmbH (Leaseweb Germany), Leaseweb Australia Ltd. (Leaseweb Australia) and Leaseweb UK Ltd (Leaseweb UK). For more information visit: http://www.leaseweb.com.
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Leaseweb's Five-Year growth Exceeds Double the Market Average, Further Cementing Position as Top Player in International Cloud Hosting Market - PR Web
Cloud hosting group confident on future prospects – The Business Desk
SysGroup, the Liverpool-based cloud hosting firm, said the coronavirus pandemic has presented it with opportunities to expand its services.
The group announced annual results today, and revealed that trading in the first months of its current fiscal year are encouraging.
Revenues in the year to March 31, jumped 53% to 19.49m, and pre-tax losses narrowed from 830,000 to 230,000.
During the financial year the group achieved the acquisition of Hub Network Services for 1.45m in cash and managed its successful integration in under three months.
Post reporting period, SysGroup said it has a strong balance sheet with a cash balance of 3m and a net cash balance of 0.45m at March 31.
The group has facilities of 5m expiring in 2024, consisting of a 1.75m term loan which has 0.35m of headroom at March 31, 2020, and an undrawn 3.25m acquisition revolving credit facility, providing the group with additional available liquidity to execute on acquisition opportunities.
Chief executive Adam Binks said: FY20 has been another year of considerable growth, in which we delivered increased revenues and EBITDA, whilst integrating our largest acquisition to date.
Despite COVID-19 dominating the end of the financial year, I have been impressed with how the team have continued to support and service our customers during these challenging circumstances.
While there is still uncertainty around the impact of COVID-19, we believe it has presented us with significant opportunities.
We have seen an accelerated shift towards flexible and remote working practices, with investment in the appropriate technology becoming ever more mission critical.
Businesses are now seeing, more than ever before, the value of outsourced managed IT services and are looking to trusted providers to help them navigate the complexities of the technological landscape.
I am confident we are well positioned to support our customers through this period of change which will be further underpinned by our buy-and-build strategy.
He added: As we look ahead, I remain optimistic for continued growth, supported by a robust balance sheet, a diverse customer base and the growing relevance of our solutions.
I am pleased to be able to report that, underpinned by our strong levels of recurring revenue, momentum in the first months of FY21 trading has continued.
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Cloud hosting group confident on future prospects - The Business Desk
Connor and Scalio Announce Venture to Bring GRC and License Optimization to the Cloud – GlobeNewswire
SAN FRANCISCO, June 30, 2020 (GLOBE NEWSWIRE) -- Connor (https://www.connor-consulting.com/), a global leader in contract compliance and software licensing and Scalio (https://scal.io/), a provider of best-in-class managed hosting, devops & custom software development services, today announced ConnorScalio (https://connorscalio.com/), a joint venture bringing together innovation, expertise and agility from Connor and Scalio to meet clients license management and GRC needs in the cloud.
ConnorScalios mission is to provide the most reliable, secure and scalable managed hosting services on dedicated cloud infrastructure so companies can dedicate more focus and resources on their core business offerings, while maximizing the ROI on IT investments.
Cloud migrations can introduce significant risk and complexity to an enterprise. The primary challenge is that most IT organizations lack the expertise and resources to effectively deliver on a cloud migration project, said Bradley Greenwood, CEO at Scalio.
Its important to partner with a solution provider that has the expertise to help navigate the nuances of a cloud migration. From selecting the right cloud provider (e.g., Google Cloud, Amazon AWS, or Microsoft Azure) that meets your business needs to migrating your servers, databases, and applications without disruption and data loss, ConnorScalio is well positioned to help enterprises take their business into the cloud and beyond.
With IT and licensing expertise combined, ConnorScalios team can help stand-up business applications with the most reliable, secure, and scalable infrastructure -- supported by deep application and licensing experts, all day and every day. Areas of focus include:
Pairing Scalios best-in-class managed hosting and technology services with Connors vendor licensing and GRC experience will empower Fortune 500 enterprises to accelerate technology-driven innovation more easily, explained Viresh Chana, CEO and Founding Partner at Connor.
ConnorScalios portfolio of fully managed solutions and services include:
OUR VALUE ADDED PARTNERSHIP WITH XPANDION (SAP CERTIFIED SOLUTION)
ConnorScalio has also partnered with Xpandion, a leader in integrated risk management and GRC solutions, to provide fully managed infrastructure and application hosting for Xpandion customers.
We are pleased to offer fully managed support for Xpandions GRC and SAP License Optimization technology, explained Greenwood. Together, we can ensure a worry-free solution for GRC as a Service and end-to-end SAP license management to Xpandions customers.
In addition to being a SAP-certified managed hosting solution for Xpandions technology, ConnorScalio will also resell Xpandion software and deliver a complete suite of services around Governance, Risk and Compliance (GRC) and SAP License Optimization.
For more information about ConnorScalio, visit https://connorscalio.com/.
Press Contacts:Wayne Chan(415) 678-5002wayne@connor-consulting.com
Bradley Greenwood(415) 294-1062bradley@scal.io
SOURCE Connor
Related Linkshttps://connorscalio.com/https://www.connor-consulting.comhttps://scal.io
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Connor and Scalio Announce Venture to Bring GRC and License Optimization to the Cloud - GlobeNewswire
What Is Cloud Computing? – World Atlas
Image credit: Rawpixel.com/Shutterstock.com
Simply put, 'cloud' refers to the Internet, and cloud computing means saving your files and all your data, accessing applications or programs over the Internet instead of using local storage. Local storage or computing is saving your data on or running programs from your computers hard drive. In the past, people ran programs through software downloaded onto their computers. Cloud computing allows people to access these programs over the Internet without having to install them.
The word cloud was used to describe how engineers typically illustrated the Internet in diagrams that map out components of their networks. In previous years, engineers used a cloud symbol in old diagrams to depict this complex system all their computers were connected to thats located off-site or beyond their premises.
For businesses cloud computing means accessing computing services like data back-up and storage, server management, software hosting, disaster and recovery, analytics, among many others over the Internet.
Many organizations use cloud technology because it allows them to save a lot of money and other resources. With this technology, companies no longer need to build their own IT infrastructure on-site. They dont need to set-up, run, and maintain data centers. They dont have to buy racks of servers, expensive hardware, and software or pay for 24-hour electricity and cooling to keep servers working properly. On top of all these, they no longer need to maintain a team of IT personnel to manage the infrastructure on-site.
It saves the company even more since they dont have to invest in having physical space for servers. Cloud computing is also more flexible. It can be scaled up or down depending on the companys needs and they only pay for what they use. Simply put, they can just plug in and pay for a monthly subscription.
Cloud providers also offer customers advanced security features with a broad set of technologies and control to protect data from breaches and other threats. They provide added security measures to maintain cloud data protection and guard against unauthorized access, especially to sensitive information like clients payment data (credit card information, bank accounts), personal information (social security numbers, home addresses, phone numbers), health information (diagnoses, treatments), and other confidential data like financial records, business plans, or source codes among others.
Resources in the cloud can also be easily accessed from anywhere in the world. Companies and their staff can access, store, retrieve, or recover resources 24/7 while on the go even by using mobile devices. It is especially useful for companies with remote staff working from different parts of the world. It gives employees access to resources even if they are scattered in different locations.
Another important feature of cloud technology is cloud backup and disaster recovery. Since data is one of if not the most valuable asset of many modern organizations, losing it can mean losing productivity, revenue, and customers. A disaster can be caused by an access breach as in the case of a cyber-attack, a fire, flood, typhoon, or snowstorm that may damage computers on-site, or simply human error like when one of your administrators accidentally deletes data. This is why you need a Disaster Recovery (DR) plan.
Cloud providers offer disaster recovery backup services also known as off-site disaster recovery that allow organizations to easily backup and restore, or retrieve data and applications in case of a disaster to continue their operations. These cloud services are often scalable which means companies have control over how little or how much data or applications they need to back up or how often data back-up should be done (does the company need continuous or scheduled back-up?).
There are different approaches to cloud backup and disaster recovery and a company can choose any based on their budget and needs. The most basic one involves backing up data to the cloud and then recovering it when a disaster occurs. Another much more expensive approach involves having your backup resources running at all times and putting these resources into use as soon as disaster strikes. A third more sophisticated approach is having backup resources running in the cloud at all times and having copies of this spread out in different locations of the cloud. This provides more instantaneous backup and recovery, which is also more secure because it allows companies to recover data quickly even if one cloud site has failed. Although the last one is a lot more expensive and is designed for bigger companies.
There are three main types of cloud computing: public cloud, private cloud, and hybrid. A public cloud refers to IT infrastructure not owned by a single end-user and is shared with many others. In essence, public cloud providers lease out partitioned and redistributed parts to multiple tenants (organizations). In this type, cloud computing services are shared with numerous customers although their work systems remain separate from one another, they just happen to share the same cloud infrastructure (physical machine or group of machines). This is the most cost-effective approach.
Private cloud refers to cloud computing services that cater to a single tenant or one end user only. This means an organization may choose not to maintain their data center on-site, but procure the services of a cloud provider to create private cloud IT infrastructure that can be used by their business only. This is the most secure cloud computing solution that is used by companies handling sensitive data.
Hybrid cloud, on the other hand, uses a combination of private and public cloud resources. This allows companies to move between private and public clouds depending on specific needs giving them more flexibility.
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What Is Cloud Computing? - World Atlas
Thought Machine’s Vault Now Proven and Available on All Infrastructure Options: SaaS, Private or Public Cloud, Hybrid Cloud and on Premises – Business…
LONDON--(BUSINESS WIRE)--Thought Machine, the cloud native core banking technology firm, has today announced that its core banking platform Vault now runs on every major cloud infrastructure provider including Google Cloud Platform, Amazon Web Services, Microsoft Azure and IBM Cloud. In addition, Vault can be deployed on either the banks choice of cloud provider, on premise, in a hybrid cloud using OpenShift from Red Hat, or as a SaaS product.
Thought Machines expanded compatibility enables banks to migrate with the freedom to pick the cloud infrastructure partner of their choice - while adhering to any regulatory and legal requirements they might have in place.
As a cloud agnostic business, Thought Machine continues to expand its list of compatible cloud providers. Vault initially rolled out on GCP and AWS before progressing to run on the four leading cloud hosting providers, enabling far greater flexibility than peers in core banking and financial services technology.
The new SaaS offering brings further flexibility for banks wishing to operate an instance of Vault for their institution without the overhead of software management and updates. This Thought Machine-managed service is now available on AWS, with further provider compatibility planned for 2020.
Vault works with financial institutions and technology companies across the spectrum - from tier one global banks, to smaller regional banks, greenfield offerings as well as fintech players who offer banking capabilities to their customers. All of these firms can now deploy Vault in the way that is most suitable for their needs.
Paul Taylor, Chief Executive Officer and Founder of Thought Machine, comments: At Thought Machine, the benefits of being cloud agnostic are crystal clear. Banks, fintechs and financial institutions have differing needs, and different relationships with the cloud. We dont want to influence those choices, or those relationships, and are proud to announce we can deliver Vault wherever, and whenever, a business needs. By delivering Vault as a Software-as-a-service product, banks no longer need to concern themselves with the implementation, regulatory and logistical obligations of bringing software in-house. Vault SaaS is now available with the same high level of security and resilience as our deployed version, without the infrastructural management overheads.
-- ENDS --
About Thought Machine
Thought Machine was founded in 2014 with a mission to enable banks to deploy modern systems and move away from the legacy IT platforms that plague the banking industry. We do this through our cloud native core banking platform, Vault. This next generation system has been written from scratch as an entirely cloud native platform. It does not contain a single line of code which is legacy, or pre-cloud.
Founded by entrepreneur Paul Taylor, Thought Machines customers include Lloyds Bank, SEB, Standard Chartered and Atom Bank. We are currently a team of more than 300 people spread across offices in London and Singapore and have raised more than 80m in funding from Lloyds Banking Group, Draper Esprit, IQ Capital, Playfair Capital and Backed. For more information visit http://www.thoughtmachine.net.
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Thought Machine's Vault Now Proven and Available on All Infrastructure Options: SaaS, Private or Public Cloud, Hybrid Cloud and on Premises - Business...
Global Application Hosting Market : Industry Analysis and forecast 2020 2027 – Morning Tick
Global Application Hosting Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 14.2% through 2020 to 2027, reaching nearly US$ XX Bn.
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Definition:
Application hosting is powered and hosted from the remote cloud infrastructure and is accessed worldwide through the Internet. They offer the same functionality as locally installed software but can be updated more easily.
Market Dynamics:
The scope of the report includes a detailed study of global and regional markets for application hosting with the reasons given for variations in the growth of the industry in certain regions. Applications can be accessed across the world through the internet. Application hosting suppliers commonly provide it to businesses or on a subscription basis. The supplier of the service provides enterprises with the scope to operate their software applications from the cloud. With time, internet users are becoming demanding, like never before. The present demand of internet users is reliable, secure, and instant access to multimedia content irrespective of their location across the world.However there are varied applications and benefits related with this service that is supporting the growth of the market, adverse factor-like concerns for security and privacy that acts as a barrier for organizational change, local regulations acting as a hindrance for penetrating new market may slow down the growth of the application hosting market globally.
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Ongoing Trend:
The report covers all the trends and technologies playing a major role in the growth of the application hosting market over the forecast period. Advancements in cloud hosting services are also booming the growth of the market. Such as, in September 2016, GoDaddy had launched affordable cloud hosting services in India. A new launch in regions like India opens new avenues and further scope for the growth of the global market.
Market Segmentation:
By application, the mobile-based applications segment was valued at USD XX Mn. in 2019 and is expected to reach USD XX Mn. by 2027 at a CAGR of XX% during the forecast period. The boosting smartphone market, related increased investment on mobile applications by different organizations, and mobile applications being an integral aspect of the growth strategy of enterprises have resulted in the growing use of mobile-based application hosting.
Regional Analysis:
The report offers a brief analysis of the major regions in the application hosting market, such as Asia-Pacific, Europe, North America, South America, and the Middle East & Africa. North America region is expected to grow at the highest XX% CAGR during the forecast period. The United State is a leading country in the market thanks to the presence of a large number of solution providers in the region.China, Japan, South Korea, and India are the leading economies in the APAC. The market growth is attributed to the surging adoption of E-commerce websites like Flipkart, Amazon, and others. Also, the region is also expected to witness increased investment from advanced to increase cloud infrastructure to outsource managed services.
Key Development:
The research study includes the profiles of leading companies operating in the global application hosting market. In 2019, Sungard Company launched Sovereign Cloud Consulting and Services. So, such new launches are supporting the global growth of the market. The focus of launching this new platform was to allow the public sector to fully help from risk management, reduced cost related to cloud computing.The objective of the report is to present a comprehensive analysis of the Global Application Hosting Marketincluding all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.The report also helps in understanding Global Application Hosting Marketdynamics, structure by analyzing the market segments and projects the Global Application Hosting Marketsize. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Application Hosting Market make the report investors guide.
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Scope of the Global Application Hosting Market
Global Application Hosting Market, By Service Type
Backup & Recovery Application Security Application Monitoring Infrastructure Services Database Administration Application Programming Interface ManagementGlobal Application Hosting Market, By Hosting Type
Cloud hosting Managed hosting Colocation hosting Infrastructure-as-a-Service (IaaS) Platform-as-a-Service (PaaS) Software-as-a-Service (SaaS)Global Application Hosting Market, By Deployment
Cloud On-PremisesGlobal Application Hosting Market, By Enterprise Size
Large Enterprises Small & Medium Enterprises (SMEs)Global Application Hosting Market, By Application
Web-based Applications Mobile-based ApplicationsGlobal Application Hosting Market, By Vertical
Banking, Financial Services, and Insurance Telecommunications and IT Retail and Ecommerce Healthcare Manufacturing OthersGlobal Application Hosting Market, By Region
Asia Pacific North America Europe Latin America Middle East AfricaKey players operating in Global Application Hosting Market
AWS IBM Rackspace Google Liquid Web Microsoft Sungard as DXC Navisite Apprenda
Major Table of Contents Report
Chapter One: Application Hosting Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Application Hosting Market Competition, by Players
Chapter Four: Global Application Hosting Market Size by Regions
Chapter Five: North America Application Hosting Revenue by Countries
Chapter Six: Europe Application Hosting Revenue by Countries
Chapter Seven: Asia-Pacific Application Hosting Revenue by Countries
Chapter Eight: South America Application Hosting Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Application Hosting by Countries
Chapter Ten: Global Application Hosting Market Segment by Type
Chapter Eleven: Global Application Hosting Market Segment by Application
Chapter Twelve: Global Application Hosting Market Size Forecast (2019-2026)
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Global Application Hosting Market : Industry Analysis and forecast 2020 2027 - Morning Tick