Category Archives: Cloud Hosting

3 Monster Stocks to Buy Without Any Hesitation – The Motley Fool

Many investors are nervous right now. You can't blame them. The bad news about several banks has rattled the stock market. The chances of a recession in the U.S. appear to have risen. It's understandable for an investor to be reluctant about scooping up shares of any stock with all of this uncertainty.

If you have a long-term mindset, though, there's no reason to be nervous at all. Adding the right stocks to your portfolio should make you money over the next decade and beyond. But which stocks are the right ones?Here are three monster stocks to buy without any hesitation, in my view.

Google Search, Google Cloud, YouTube, YouTube TV, Android, Chromebook, Pixel, Nest. Those are some of the top reasons to buy Alphabet (GOOG -0.19%) (GOOGL -0.15%) that immediately come to mind. These and other products and services generated a whopping $282.8 billion in sales and nearly $60 billion in profits last year.

Keep in mind that those results came during a period when the advertising market was weak because of worries about the economy. Once the outlook improves (which it will, sooner or later), Alphabet will almost certainly deliver even more impressive numbers. And there are three key growth drivers to especially watch.

Google Cloud already brings in a nice chunk of revenue for Alphabet -- more than $7.3 billion in 2022. However, it's not profitable yet. As more companies move their apps and data to the cloud, I expect Google Cloud will become an even bigger winner. When (not if, in my opinion) it achieves profitability, Alphabet's bottom line will shift into a higher gear.

Artificial intelligence (AI) should also provide a massive tailwind for Alphabet in the coming years. Sure, OpenAI's ChatGPT and GPT-4 have been impressive. But Alphabet has its own AI products on the way. More importantly, the company has the expertise, financial resources, and access to data for training AI systems that few can match.

Finally, there's Alphabet's leadership in quantum computing. This is an area that I consider the most overlooked reason to buy Alphabet stock. Global consulting firm McKinsey & Company predicts that quantum computing could be a $700 billion market in the future. I fully expect Alphabet to be one of the top players.

There's nothing surprising about how Amazon (AMZN -0.59%) makes money. Two-thirds of its total revenue comes from e-commerce, including the company's online stores and third-party seller services. This business definitely has room to grow: Last year, e-commerce represented only 14.6% of retail sales in the U.S.

But the company's Amazon Web Services (AWS) cloud hosting unit is how it makes big profits. AWS generated nearly 75% of Amazon's total operating income in 2022. And it was responsible for all of the company's operating income in the fourth quarter.

Now for the really good news. Amazon CEO Andy Jassy estimates that as much as 95% of global IT spending remains on-premise rather than in the cloud. He's not alone in thinking that those numbers could flip over the next 10 to 15 years.It's quite possible that AWS will be bigger in the not-too-distant future than Amazon's entire operations are now.

I fully expect that Amazon will grow on other fronts, too. Healthcare especially stands out. Amazon has the fastest-growing digital ad business. It's also, like Alphabet, a leader in AI. My prediction is that this big company will be a lot bigger by 2030.

Ordinarily, it makes sense for investors to be at least a little hesitant about buying biotech stocks. Their risks include clinical setbacks and patent cliffs. However, I believe thatVertex Pharmaceuticals (VRTX 3.16%) is so attractive that it's an exception to the rule.

For one thing, Vertex commands a monopoly in treating the underlying cause of cystic fibrosis (CF). No patent cliff is on the horizon, either: The patents for the company's newest and most powerful CF drug yet don't expire until 2037. Also, the leading potential rivals haven't advanced beyond phase 2 testing, which means they're still years away from even having a chance to compete against Vertex's therapies.

Vertex has experienced some pipeline failures in the past. But there's reason to be optimistic about the future. The company awaits regulatory approvals for exa-cel, which effectively cures sickle cell disease and transfusion-dependent beta-thalassemia. It also has three programs in late-stage testing. Two of them -- non-opioid pain drug VX-548 and the vanzacaftor triple-combo CF therapy -- could reach the market in the near term.

If that's not enough, Vertex's other late-stage candidate, inaxaplin, targets an indication (APOL1-mediated kidney disease) that affects a bigger patient population than CF does. And as icing on the cake, the company believes it's in a good position to develop a cure for type 1 diabetes (T1D). Vertex is already evaluating the first T1D cell therapies in early stage testing.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Keith Speights has positions in Alphabet, Amazon.com, and Vertex Pharmaceuticals. The Motley Fool has positions in and recommends Alphabet, Amazon.com, and Vertex Pharmaceuticals. The Motley Fool has a disclosure policy.

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3 Monster Stocks to Buy Without Any Hesitation - The Motley Fool

VPS Hosting Provider Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2029 – openPR

The VPS Hosting Provider report presents information related to restraints, key drivers, and opportunities, along with a detailed global market share analysis. The current market is quantitatively analyzed from 2023 to 2029 to highlight the global market growth scenario. The competitive landscape comprises key players, strategies, and new developments in the upcoming years.

Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=6882309

Top Key Players are covered in this report: DreamHost, Liquid Web, Hostinger, A2 Hosting, GreenGeeks, InMotion Hosting, HostGator, Bluehost, DigitalOcean, SiteGround, IONOS, GoDaddy, Hostwinds, MochaHost, Interserver, Kamatera, Scala Hosting

The report divides the international VPS Hosting Provider market by application. By region, by type, and by end user. Each segment of the market is examined broadly to deliver trustworthy knowledge for market investments. The VPS Hosting Provider research report reveals the current market norms, latest important revolutions of outcomes, and market players. Hence, this research report will help the customers in the global market plan their next future towards the environment of the markets future. It additionally discusses about the market size and growth parts of different Segments. Studying and analyzing the impact of Coronavirus COVID-19 on the VPS Hosting Provider industry, the report gives an in-depth analysis and expert suggestions on how to face the post COIVD-19 period. This market research study presents actionable market insights with which environmental and profitable business approaches can be created.

Regional Assessment: Global VPS Hosting Provider MarketThis referential document assessing the market has been compiled to understand diverse market developments across specific regional pockets such as Europe, North and Latin American countries, APAC nations, as well as several countries across MEA and RoW that are directly witnessing maneuvering developments over the years. A specific understanding on country level and local level developments has also been mindfully included in the report to encourage high rise growth declining market constraints and growth retardants.

North America includes the United States, Canada, and MexicoEurope includes Germany, France, UK, Italy, SpainSouth America includes Colombia, Argentina, Nigeria, and ChileThe Asia Pacific includes Japan, China, Korea, India, Saudi Arabia, and Southeast Asia

Global VPS Hosting Provider Market by Application:SMEsLarge Enterprises

Global VPS Hosting Provider Market by Type:Cloud-basedOn-premises

The market research includes historical and forecast data from like demand, application details, price trends, and company shares of the VPS Hosting Provider by geography, especially focuses on the key regions like United States, European Union, China, and other regions.

In addition, the report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global VPS Hosting Provider market discussed. Overall, this report covers the historical situation, present status and the future prospects of the global VPS Hosting Provider market for 2023-2029.

This VPS Hosting Provider Report Provides a superior market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviors. This market research study presents actionable market insights with which sustainable and money-spinning business strategies can be created.

Studying and analyzing the impact of Coronavirus COVID-19 on the VPS Hosting Provider industry, the report provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

Feel free to ask your queries at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=6882309

The essential aspects like the latest market dynamics, development trends, and growth opportunities are presented, along with industry barriers, developmental threats, and risk factors. The report provides a concise market view that will provide ease of understanding. Also, the study presents the analytical depiction of the global market industry with the current and future estimations of the market.

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NVIDIA Launches DGX Cloud, Giving Every Enterprise Instant … – NVIDIA Blog

Oracle Cloud Infrastructure First to Run NVIDIA AI Supercomputing Instances; Microsoft Azure, Google Cloud and Others to Host DGX Cloud Soon

GTCNVIDIA today announced NVIDIA DGX Cloud, an AI supercomputing service that gives enterprises immediate access to the infrastructure and software needed to train advanced models for generative AI and other groundbreaking applications.

DGX Cloud provides dedicated clusters of NVIDIA DGX AI supercomputing, paired with NVIDIA AI software. The service makes it possible for every enterprise to access its own AI supercomputer using a simple web browser, removing the complexity of acquiring, deploying and managing on-premises infrastructure.

Enterprises rent DGX Cloud clusters on a monthly basis, which ensures they can quickly and easily scale the development of large, multi-node training workloads without having to wait for accelerated computing resources that are often in high demand.

We are at the iPhone moment of AI. Startups are racing to build disruptive products and business models, and incumbents are looking to respond, said Jensen Huang, founder and CEO of NVIDIA. DGX Cloud gives customers instant access to NVIDIA AI supercomputing in global-scale clouds.

NVIDIA is partnering with leading cloud service providers to host DGX Cloud infrastructure, starting with Oracle Cloud Infrastructure (OCI). Its OCI Supercluster provides a purpose-built RDMA network, bare-metal compute and high-performance local and block storage that can scale to superclusters of over 32,000 GPUs.

Microsoft Azure is expected to begin hosting DGX Cloud next quarter, and the service will soon expand to Google Cloud and more.

Industry Titans Adopt NVIDIA DGX Cloud to Speed SuccessAmgen, one of the worlds leading biotechnology companies, insurance technology leader CCC Intelligent Solutions (CCC), and digital-business-platform provider ServiceNow are among the first AI pioneers using DGX Cloud.

Amgen is using DGX Cloud with NVIDIA BioNeMo large language model software to accelerate drug discovery, including NVIDIA AI Enterprise software, which includes NVIDIA RAPIDS data science acceleration libraries.

With NVIDIA DGX Cloud and NVIDIA BioNeMo, our researchers are able to focus on deeper biology instead of having to deal with AI infrastructure and set up ML engineering, said Peter Grandsard, executive director of Research, Biologics Therapeutic Discovery, Center for Research Acceleration by Digital Innovation at Amgen. The powerful computing and multi-node capabilities of DGX Cloud have enabled us to achieve 3x faster training of protein LLMs with BioNeMo and up to 100x faster post-training analysis with NVIDIA RAPIDS relative to alternative platforms.

CCC, a leading cloud platform for the property and casualty insurance economy, is using DGX Cloud to speed and scale the development and training of its AI models. These models power the companys innovative auto claims resolution solutions, helping to accelerate the intelligent automation of the industry and improve the claims experience for millions of business users and their consumers every day.

ServiceNow is using DGX Cloud with on-premises NVIDIA DGX supercomputers for flexible, scalable hybrid-cloud AI supercomputing that helps power its AI research on large language models, code generation, and causal analysis. ServiceNow also co-stewards the BigCode project, a responsible open-science generative AI initiative, which is trained on the Megatron-LM framework from NVIDIA.

Open a Browser to NVIDIA AI Supercomputing and SoftwareEnterprises manage and monitor DGX Cloud training workloads using NVIDIA Base Command Platform software, which provides a seamless user experience across DGX Cloud, as well as on-premises NVIDIA DGX supercomputers. Using Base Command Platform, customers can match their workloads to the right amount and type of DGX infrastructure needed for each job.

DGX Cloud includes NVIDIA AI Enterprise, the software layer of the NVIDIA AI platform, which provides end-to-end AI frameworks and pretrained models to accelerate data science pipelines and streamline the development and deployment of production AI. New pretrained models, optimized frameworks and accelerated data science software libraries, available in NVIDIA AI Enterprise 3.1 released today, give developers an additional jump-start to their AI projects.

Each instance of DGX Cloud features eight NVIDIA H100 or A100 80GB Tensor Core GPUs for a total of 640GB of GPU memory per node. A high-performance, low-latency fabric built with NVIDIA Networking ensures workloads can scale across clusters of interconnected systems, allowing multiple instances to act as one massive GPU to meet the performance requirements of advanced AI training. High-performance storage is integrated into DGX Cloud to provide a complete solution for AI supercomputing.

DGX Cloud features support from NVIDIA experts throughout the AI development pipeline. Customers can work directly with NVIDIA engineers to optimize their models and quickly resolve development challenges across a broad range of industry use cases.

AvailabilityDGX Cloud instances start at $36,999 per instance per month. Organizations can contact their NVIDIA Partner Network representative for additional details.

Watch Huang discuss NVIDIA DGX Cloud in his GTC keynote on demand, and tune in to the GTC panel with NVIDIA DGX Cloud pioneers.

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NVIDIA and Microsoft to Bring the Industrial Metaverse and AI to … – NVIDIA Blog

Microsoft Azure to Host NVIDIA DGX Cloud for AI Supercomputing, and NVIDIA Omniverse Cloud for Building and Operating 3D Worlds; Companies to Connect Omniverse Platform to Microsoft 365 Applications

GTCNVIDIA today announced a collaboration with Microsoft to provide hundreds of millions of Microsoft enterprise users with access to powerful industrial metaverse and AI supercomputing resources via the cloud.

Microsoft Azure will host two new cloud offerings from NVIDIA: NVIDIA Omniverse Cloud, a platform-as-a-service giving instant access to a full-stack environment to design, develop, deploy and manage industrial metaverse applications; and NVIDIA DGX Cloud, an AI supercomputing service that gives enterprises immediate access to the infrastructure and software needed to train advanced models for generative AI and other groundbreaking applications.

Additionally, the companies are bringing together their productivity and 3D collaboration platforms by connecting Microsoft 365 applications such as Teams, OneDrive and SharePoint with NVIDIA Omniverse, a platform for building and operating 3D industrial metaverse applications.

The collaboration will accelerate enterprises ability to digitalize their operations, engage in the industrial metaverse and train advanced models for generative AI and other applications.

The worlds largest companies are racing to digitalize every aspect of their business and reinvent themselves into software-defined technology companies, said Jensen Huang, founder and CEO of NVIDIA. NVIDIA AI and Omniverse supercharge industrial digitalization. Building NVIDIA Omniverse Cloud within Microsoft Azure brings customers the best of our combined capabilities.

The next wave of computing is being born, between next-generation immersive experiences and advanced foundational AI models, we see the emergence of a new computing platform, said Satya Nadella, chairman and CEO of Microsoft. Together with NVIDIA, we're focused on both building out services that bridge the digital and physical worlds to automate, simulate and predict every business process, and bringing the most powerful AI supercomputer to customers globally.

With Omniverse connected to Azure Cloud Services Digital Twins and Internet of Things, companies can link real-time data from sensors in the physical world to their digital replicas. This will enable enterprises to build and operate more accurate, dynamic, fully functional 3D digital twins that automatically respond to changes in their physical environments. Azure provides the cloud infrastructure and capabilities needed to deploy enterprise services at scale, including security, identity and storage.

A GTC keynote demo developed by Accenture amplifies the utility of integrating NVIDIA Omniverse with Microsoft Teams to enable real-time 3D collaboration. Running on Omniverse Cloud, and leveraging a Teams Meeting featuring Live Share, the Accenture demo showcases how this integration can shorten the time between decision-making, action and feedback.

Omniverse Cloud, powered by NVIDIA OVX computing systems, will be available on Azure in the second half of the year.

DGX Cloud will be available running in Azure beginning next quarter, providing enterprises with dedicated clusters of NVIDIA DGX AI supercomputing and software, rented on a monthly basis.

Learn more about the collaboration and watch the GTC keynote. Register free for GTC to attend Omniverse sessions with NVIDIA and industry leaders.

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F5s multi-cloud networking capabilities simplify operations for … – Help Net Security

F5 announced multi-cloud networking (MCN) capabilities to extend application and security services across one or more public clouds, hybrid deployments, native Kubernetes environments, and edge sites.

F5 Distributed Cloud Services are differentiated in providing connectivity and security at both the network and application layers. As an overlay across separate cloud provider offerings (including native cloud services), Distributed Cloud Services let F5 customers easily integrate network operations, application performance optimization and troubleshooting, and visibility through a single management console.

According to F5s just released 2023 State of Application Strategy (SOAS) Report, 85% of organizations operate distributed application deployments, spanning traditional and modern architectures and multiple hosting environments. However, these distributed deployments add operational complexity and cost, obscure visibility, and increase the surface area for potential cyberattacks.

F5 delivers a platform-based approach that is cloud-agnostic and purpose-built to meet the needs of traditional and modern appsall without increasing complexity or losing granular control and necessary visibility. Specifically, this introduction of Distributed Cloud App Connect and Distributed Cloud Network Connect unlocks enhanced MCN use cases.

Traditional network design and infrastructure models are unable to accommodate the demands of modern apps and the digital experiences they provide, largely because newer microservices-based apps rely on distributed Kubernetes cluster services and APIs, and are not constrained to a single cloud location or even a single cloud provider.

Per the 2023 SOAS Report, the top-rated multi-cloud challenges are managing the complexity of associated tools and APIs, applying consistent security across apps, and optimizing app performance. To properly address these challenges, a more comprehensive approach to secure MCN is requiredone that provides:

Secure app-to-app connectivity is obviously a goal for every digital organization, but how this is achieved has become increasingly important, said Michael Rau, SVP and GM, F5 Distributed Cloud Platform and Security Services. The proliferation of cloud and hybrid architectures has coincided with the rise of microservices and API-heavy distributed applicationsall of which contribute complexity and diminish visibility. Distributed Cloud Services greatly expand our ability to serve customers hybrid and multi-cloud use cases, providing unparalleled agility and security for global infrastructure and app environments.

F5 is uniquely positioned to deliver necessary enabling technologies for MCN by connecting and securing any app and any API anywhere, ensuring fast network-to-network and workload-to-workload connectivity across different cloud locations, data centers, hybrid environments, and enterprise edge sites.

In the year since the introduction of Distributed Cloud Services, F5 has continued to expand the capabilities delivered as SaaS and managed services, including the recent addition of Distributed Cloud App Infrastructure Protection. This announcement furthers the reach of Distributed Cloud Services through the following new SaaS offerings:

Distributed Cloud App Connect provides an integrated stack approach through a single console to combine comprehensive app networking with full app security, faster provisioning, and ease of use.

Distributed Cloud Network Connect makes it highly secure and simple to deploy connectivity across cloud locations and cloud providers.

Enterprises cloud strategies are evolving from multiple apps spread across multiple clouds to true multi-cloud architectures with distributed workloads. That will require cloud and network architects to design their multi-cloud networks to provide both network- and application-layer connectivity, said Zeus Kerravala, principal analyst, ZK Research. F5 has long been a leader in application networking, and their Distributed Cloud Services provide a fully integrated set of layer 37 services for securely connecting across clouds and workloads, even those deployed at the edge or branch office.

Our clients have begun embracing the concept of distributing workloads and entire applications across different cloud providers, as well as hybrid architectures that include data centers or edge locations, said Colin Williams, Business CTO, Networking & Security, Computacenter UK. With that strategy comes the challenge of reducing infrastructure complexity across multiple and varied environments, especially when connecting both networks and applications while maintaining consistent security and visibility. F5 Distributed Cloud Services provide easy-to-use SaaS-based multi-cloud networking to help our clients quickly and securely connect their distributed cloud instances and workloads.

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US Signal Names Daniel Watts Chief Executive Officer – PR Newswire

GRAND RAPIDS,Mich., March 21, 2023 /PRNewswire/ -- US Signal Company, LLC (US Signal), a leading IT solutions provider and portfolio company of Igneo Infrastructure Partners (Igneo), has named Daniel Watts as chief executive officer, effective March 20.

Richard Postma, US Signal's former owner, chairman and CEO, left the company in February following its acquisition by Igneo, a global infrastructure investment manager with US$16.5 billion in assets.

Based in Grand Rapids, Mich., US Signal provides network, data center, connectivity, and cloud services to enterprise customers and large national telecommunications carriers. It operates a 9,500 route mile fiber network and eight data centers across nine states in the upper Midwest.

Before joining US Signal, Watts was chief operating officer for Segra, one of the nation's largest independent fiber companies, where he worked for almost seven years. Previously he was president of TSAChoice, Inc., a business technology integrator headquartered in Asheville, North Carolina. Prior to TSAChoice he served in a variety of sales and operations roles at Windstream. He is a veteran of the United States Army.

"Dan is an accomplished industry veteran who has successfully executed growth strategies at a number of leading firms," said Michael Ryder, chairman of US Signal and co-head of Igneo in North America. "We are excited to recruit Dan to lead the talented team at US Signal, one of Igneo's key platform investments."

"I am thrilled to join US Signal to lead the next phase of growth. I look forward to working with the team to build on a great legacy of quality service and support as we scale our innovative solutions across the United States," Watts said.

About US Signal

US Signal, founded in 2001, is a leading IT solutions provider, offering network, data center, connectivity, cloud hosting, colocation, data protection, and disaster recovery servicespowered by its wholly owned and operated fiber network. US Signal also helps customers optimize their IT resources through the provision of managed and professional services. For more information, visitwww.ussignal.com.

About Igneo Infrastructure Partners

Igneo Infrastructure Partners invests in high-quality, mid-market infrastructure companies in North America, the UK, Europe, Australia and New Zealand. It is an autonomous investment team in the First Sentier Investors Group. Operating since 1994, the team works closely with portfolio companies to create long-term sustainable value through innovation and proactive asset management. Igneo manages US$16.5 billion in assets as of Dec. 31, 2022 on behalf of more than 120 institutional investors around the world. For more information, visit igneoip.com.

Media inquiries

For US Signal

Katie McCormick616-233-5380[emailprotected]

For Igneo Infrastructure Partners

Newton Park PR:Margaret Kirch Cohen/Richard ChimbergE: [emailprotected]E: [emailprotected]T: +1 847-507-2229T: +1 617-312-4281

Important information

This press release is intended for information only, aimed solely at the media and should not be further distributed to individual and/or corporate investors, and financial advisers and/or distributors. The information included within this document and any supplemental documentation provided should not be copied, reproduced or redistributed without the prior written consent of First Sentier Investors.

SOURCE US Signal

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Stock market today: Dow ends higher on UBS-Credit Suisse rescue; Fed meeting eyed – Yahoo Finance

By Yasin Ebrahim

Investing.com -- The Dow closed higher Monday, driven by improved sentiment in the banking sector after UBS agreed to buy struggling rival Credit Suisse. The rescue comes as investor attention shifts to the Federal Reserve's two-day meeting slated for Tuesday.

The Dow Jones Industrial Average gained 1.2%, or 382 points, the S&P 500 was up 0.9%, and Nasdaq Composite was up 0.4%.

UBS (NYSE:UBS), Switzerlands largest bank, agreed to buy Credit Suisse for $3.2 billion in an emergency rescue deal.

In a further boost to financial stability in Europe, European Central Bank President Christine Lagarde said the central bank was ready to respond as necessary to preserve eurozone stability.

The rescue deal for Credit Suisse (NYSE:CS) helped strengthen sentiment on banks, with regional banks including Fifth Third Bancorp (NASDAQ:FITB), Lincoln National Corporation (NYSE:LNC) and New York Community Bancorp (NYSE:NYCB) leading to the upside.

New York Community Bancorp jumped more than 31% as its subsidiary, Flagstar Bank, agreed to buy a large part of Signature Bank in a $2.7B deal following the banks recent collapse.

First Republic Bank (NYSE:FRC), however, wasnt among the gainers and plunged 47% after Standard&Poors cut the ailing banks creditworthiness deeper into junk territory amid ongoing liquidity concerns.

The downgrade comes just days after 11 banks pumped $30B into the regional bank. But S&P said the move is unlikely to solve the First Republics liquidity problems and warned another downgrade was possible.

Tech was pressured by a slide in Microsoft Corporation (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN), with the latter announcing 9,000 job cuts in its cloud hosting division Amazon Web Services.

A climb in U.S. Treasury yields also kept a lid on tech just ahead of the Feds two-day meeting, which kicks off on Tuesday.

At the conclusion of its two-day meeting Wednesday, the Fed is expected to hike rates by 0.25%, but much uncertainty remains about the path forward for further hikes in the wake of the turmoil in the banking sector.

Story continues

About 70% of traders expect a rate hike, but Goldman Sachs said it expected a pause at the March meeting this week because of stress in the banking system.

Energy stocks were also in the ascendency shrugging off a wobble in energy prices amid ongoing jitters that the banking crisis could hurt global growth and energy demand.

APA Corporation (NASDAQ:APA), Hess Corporation (NYSE:HES), and EQT Corporation (NYSE:EQT) led the gains in energy, up more than 2% on the day.

Oil prices have plunged despite the China demand boom given banking stress, recession fears, and an exodus of investor flows, Goldman Sachs after nudging down its Brent forecasts to $94 per barrel for 12 months ahead from $100 previously.

In other news, Virgin Orbit Holdings Inc (NASDAQ:VORB) is reportedly planning to file for bankruptcy should the commercial space company fail to secure funding, according to several media outlets. Its shares sank 19%.

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Stock market today: Dow ends higher on UBS-Credit Suisse rescue; Fed meeting eyed - Yahoo Finance

ANS adds financial heavyweight to group board – BusinessCloud – BusinessCloud

Appointments

Digital transformation specialist ANS Group has appointed a new chief financial officer as it lays foundations to deliver on its growth ambitions.

Former Deloitte, DWF, Keoghs and Davies Group executive Alex Hodgson joins the Manchester-headquartered tech firm with a brief to spearhead its financial operations with a strategic, data-based approach.

Hodgson comes with an impressive track record, following nine years at big four accountancy firm Deloitte and a spell at global law firm DWF, where he held the role of finance director as the company grew turnover from 80m to 180m in just five years.

With significant experience of overseeing acquisitions as well as rapid organic growth, the new CFO joins Richard Thompson (CEO), Toria McCahill (CPO), Qaiser Akhtar (CCO), Joe Wolksi (CRO) and Nicola Frost (general counsel) on ANSs group board.

Trustpilot CEO to step down

Hodgson said: ANS is a rare combination. A company thats already a winner in its sector, but is also seen as one to watch for the future. Its in a high-growth market and customers speak incredibly highly of the services they receive.

My role is to work hard for our people to create an environment in which everyone in the business can thrive and deliver the best possible service to customers. Im also excited to work closely with our private equity partners, Inflexion, with whom we have a genuine two-way partnership.

The appointment comes shortly after ANSs acquisition of Preact, a 65-strong Microsoft Dynamics 365 CRM partner.

ANS now employs more than 800 people, offering public and private cloud, hosting, security, DevOps, applications and data services to more than 7,000 customers, from enterprise to SMB and public sector organisations.

Thompson said of the appointment: Alex is a fantastic fit for ANS and a brilliant addition to our leadership team. His huge range of experience and knowledge will be invaluable as we continue to deliver on our strategy and make true digital transformation a reality for our customers.

Growing FinTech recruits former director of Barclays Payments

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DoD driving dramatic change to outpace foes, line up with National Cyber Strategy – Breaking Defense

Networks / Cyber, Pentagon

WASHINGTON The Biden administrations National Cyber Strategy directly aligns with what a top Pentagon official said were dramatic efforts already underway at the Defense Department to revamp the militarys cyber posture.

The National Cyber Strategy challenges us to set the agenda on our terms to outpace our adversaries, DoD CIO John Sherman said in a statement to Breaking Defense this week. This vision directly aligns with the Departments cloud and software modernization efforts which aim to drive a resilient, zero-trust based cyber foundation in the cloud. Now is the time to drive the dramatic change necessary to make cyber threats far more difficult and far more costly for our adversaries.

The White House released its National Cyber Strategy earlier this month, outlining steps the government must take to secure the countrys digital future and defend its digital ecosystem against foreign adversaries like China and Russia. The strategy calls for rebalancing the responsibility of defensive cybersecurity to the most capable and best positioned actors in the US, essentially shifting it towards industry.

RELATED: National Cyber Strategy Seeks To Rebalance Cyber Responsibility Towards Industry

Thats especially true for the military, which relies on an army of private industry contractors, and Sherman told Breaking Defense that DoD recognizes the fundamental role it plays in collaborating with industry and, ultimately, the success of warfighters.

Our partners realize that protecting DoD information that resides within the defense industrial base (DIB) and cloud service providers is necessary to maintain the Departments edge over near-peer competitors, Sherman said. To that end, the Department has made it a priority to collaborate with and exchange information with our DIB and IT partners. Our DIB Cybersecurity Program [PDF] spearheads this enduring effort to ensure we are all equipped to meet evolving cybersecurity threats.

Beyond industry, the national strategy is also well aligned with DoDs own ongoing cloud and cybersecurity efforts, he said. The Pentagon in its fiscal 2024 request, released on Monday, asked for $13.5 billion in funding for its cyberspace activities. That includes increasing cybersecurity support to the DIB, funding five additional cyber mission force teams and operationalizing DoDs zero trust framework.

Under the zero-trust concept, no user is ever fully trusted to be on the network and is continuously validated through every stage. DoD released its zero-trust strategy last year, setting an ambitious timeline to achieve a targeted level of zero trust a set of minimal requirements DoD and its components need to achieve across its enterprise by FY27 followed by a more advanced level.

Gurpreet Bhatia, DoDs acting deputy chief information security officer, told Breaking Defense that the zero-trust approach will ensure a secure DoD information enterprise that enables data-informed decision-making, from the warfighter to our nations most senior leaders and that DoD is continuously addressing cybersecurity risks.

DoD components must meet those standards by FY27, and we continue to look toward industry leaders for potential solutions to accelerate the DoDs execution of its [zero trust] strategy, Bhatia said.

The department is also getting ready to award the first set of task orders under the Joint Warfighting Cloud Capability (JWCC) multi-vendor, multi-cloud contract. Under JWCC, four vendors Google, Microsoft, Oracle and Amazon Web Services will compete for individual task orders to build out DoDs key military cloud computing backbone.

RELATED: JWCC, Zero Trust, User Experience & A New Cyber Talent Strategy: DoD CIO Sets FY23 Priorities

Those task orders are in the pipeline,Sharon Woods, director of the Defense Information Systems Agencys Hosting and Compute Center, said on Tuesday. She added that the vendors will also get an opportunity to bid on secret-level offerings under JWCC in the coming weeks followed by top secret-level offerings in the summer.

Thats a capability we really dont have in the department, an enterprise top secret cloud environment, Woods said. You know, the intelligence community does, but the departmentis not able to leverage that contract and so that is one of those capability gaps that JWCC is meeting.

Deputy DoD CIO Lily Zeleke told Breaking Defense in a statement that through JWCC, DoDhas established a direct relationship with the commercial cloud vendors to deliver, and continuously improve, a modern, resilient computing platform.

Building on the commercial cloud platform, collaborative engagement with industry partners, academia, and other government agencies is delivering the secure components and software practices needed for protecting sensitive applications and data from advanced persistent cyber threats, Zeleke added.

Read more:
DoD driving dramatic change to outpace foes, line up with National Cyber Strategy - Breaking Defense

Tracking waste in the cloud: Aussie startup’s innovative data … – Microsoft

After 20 years in Australias waste management industry, Chad Holland had become frustrated with the rudimentary methods that the industry was using to measure and report on waste produced in buildings.

Companies were generally assuming the weights of the bins they were picking up, and a lot of guesswork comes into that, he says.

But with organisations increasingly turning their attention to sustainability and reducing their carbon footprints, Holland noticed commercial building owners wanted more accuracy and granularity in their waste reporting data. Then in 2018, the National Australian Built Environment Rating System (NABERS) introduced a new Waste Rating methodology for commercial office buildings that included a data quality assessment.

Holland and his business partner, Robert Gurr, identified an opportunity to make waste reporting easier and more transparent for organisations. In late 2020, Bintracker was born from their startup business, Gurru.

Bintracker is a revolutionary software solution that uses scanning technology to track and report on waste streams within buildings. Unique QR codes are placed on bins or bags for cleaners to scan using Bintrackers mobile app. This identifies and records the waste stream, as well as the source or tenant. Scanned bins and bags are weighed using integrated digital scales before being emptied, and the data is captured and sent to the app in real time. Reports are then created to show a sites waste and recycling habits by day, source and composition.

So, if you produced a total of 20 tonnes per month, you can see how much of it was waste, how much of it was organics recycling and how much of it was cardboard recycling and whether youre getting the best benefit out of your waste compactor versus your bins, explains Holland.

Bintracker also offers a Supplier Waste Reporting feature that enables organisations to validate, report on and optimise data from their waste removal service providers in a consistent, comparable format.

For instance, well have a client that may have 20 office buildings and well have a system installed for those, but then they might also have another 20 shopping centres, which can be a bit problematic you cant really put onsite systems there, says Holland.

So, we get raw data from their waste suppliers and check that its accurate in terms of weights, pricing, everything. We normalise it and put it in the platform for clients to compare. This means they can work out whether they are paying the right price for their waste collection and disposal, which buildings are performing better than others, and what learnings they can apply to other buildings.

Gurr adds that understanding the accurate weight of each bin empowers customers to negotiate with waste suppliers, while also enabling those with lighter bins to generate savings.

By providing detailed and reliable data on the source, volume and composition of waste, Bintracker helps organisations achieve their compliance goals and simplifies the NABERS waste accreditation process. Holland says it can also support efforts to become more environmentally friendly.

Were trying to highlight the composition of whats driving their waste and recycling right now, and what emissions go along with that, which tenants or sources are the biggest drivers of that versus the smallest, and what these trends look like over time, he says.

By tracking this data in detail, right down to the tenant or area of a building, we can then work with building managers to improve behaviours through tenant engagement, which can reduce contamination and improve recycling rates.

The rest is here:
Tracking waste in the cloud: Aussie startup's innovative data ... - Microsoft