Category Archives: Cloud Hosting

Performant Capital Creates Platform Delivering Managed Technology Services and Revenue Cycle Management to the Healthcare Industry – Latest Digital…

SAVANNAH, Ga.(BUSINESS WIRE)Performant Capital announced today that it has formed Provider Technology, LLC (Provider Technology) through the acquisitions of DavLong Business Solutions LLC and its affiliate Administrative Advantage LLC (collectively, DBS) and On Demand Solutions Inc. (ODS). Provider Technology is a leading technology provider of outsourced software and IT services, revenue cycle management (RCM) and back-office business support primarily to physician practices and health systems. The businesses will continue to operate independently under their respective brands but share best practices across all functional areas.

Performant, investing out of Fund I, closed the DBS and ODS transactions simultaneously in June. The Private Credit business within Goldman Sachs Asset Management (Goldman Sachs) provided first lien debt and an equity co-investment to support the acquisitions.

The team at Goldman Sachs has been invaluable as we executed this platform investment, said Mike Ciaglia, Partner at Performant. We look forward to meaningfully accelerating the growth of the business given the scale enabled by Goldmans partnership.

Founded in 1983 and headquartered in Savannah, GA, DBS provides turnkey IT solutions for physician practices by fully hosting, maintaining, and supporting all software needs for the medical office, from cloud hosting to cybersecurity. DBS combines its proprietary suite of software offerings with leading third-party solutions to provide medical practices with a fully integrated electronic health record and practice management system from a single vendor. In addition to its best-in-class software offering, DBS also provides complete RCM services designed to manage and optimize the entire collections process for practices. Across both primary functional areas, the company leverages technology, analytics, and the expertise of its skilled teams to improve operational and financial performance for customers.

Founded in 2007 and headquartered in Boise, ID, ODS provides practice management software, RCM, staffing support and business advisory services to healthcare service providers and organizations. Its solutions improve business operational efficiency, reduce administrative costs, and assure managerial control so clients can stay focused on providing quality patient care.

The combination of DBS, AA, and ODS creates a national back-office and healthcare technology platform servicing more than 3,000 medical providers across the U.S and across medical specialties developing best-in-class offerings and technology for specific specialties, such as Ophthalmology, EMS and Hospitalist providers. These businesses are highly complementary acquisitions that together provide enhanced technology capabilities and support services with broader geographic presence to better meet the needs of clients and improve their financial outcomes, said Chris McLaughlin, Partner at Performant Capital. Both businesses have a reputation of providing superior customer support as value-added partners to physicians and health organizations. Customers value our company as more than just a service provider, but extensions of their core teams. With an expanded presence and enhanced capabilities to drive further value for clients, were excited about the future of the combined business under Provider Technology.

Provider Technology continues to look for best-in-class revenue cycle management and managed service provider software businesses to healthcare customers that would expand its geographic footprint and service capabilities. If you have an opportunity that might be an add-on acquisition candidate for Provider Technology, please contact Mike Ciaglia (mciaglia@performantcapital.com) or Chris McLaughlin (cmclaughlin@performantcapital.com)

About Performant Capital

Performant Capital is a Chicago-based, lower middle market private equity firm focused on investments in technology-driven companies. Performant acquires businesses across SaaS, technology-enabled services, and data intelligence products and services. With over 50 years of collective investing and operating experience in these sectors, Performants principals seek opportunities where its depth of investing, operating expertise, and partner network can materially impact performance. More information on Performant Capital can be found at http://www.performantcapital.com.

About Goldman Sachs Asset Management Private Credit

Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), it delivers investment and advisory services for the worlds leading institutions, financial advisors and individuals, drawing from its deeply connected global network and tailored expert insights, across every region and marketoverseeing more than $2 trillion in assets under supervision worldwide as of March 31, 2022. Driven by a passion for its clients performance, it seeks to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure. Established in 1996, the Private Credit business within Goldman Sachs Asset Management is one of the worlds largest private credit investors with over $90 billion in assets across direct lending, mezzanine debt, hybrid capital and asset-based lending strategies. Its deep industry and product knowledge, extensive relationships and global footprint position it to deliver scaled outcomes with speed and certainty, supporting companies from the lower middle market to large cap in size.

Contacts

Chris McLaughlin

Partner

Performant Capital

cmclaughlin@performantcapital.com

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Performant Capital Creates Platform Delivering Managed Technology Services and Revenue Cycle Management to the Healthcare Industry - Latest Digital...

How cloud computing is transforming the landscape of small businesses? – HostReview.com

It is vital for companies to be on top of the latest trends in business and technology. One key development thats changed business operations over the past decade is cloud computing. This article will discuss just what cloud computing is, as well as how it has benefited businesses of all shapes and sizes.

Business success has always been influenced by the technology thats available to us. This is especially true when it comes to supporting the growth of companies on a global scale. Enterprises are being forced to adopt new technologies, which is having a huge impact on smaller enterprises and large corporations. New tech like blockchain, AI, and QuickBooks premier cloud hosting will be highly useful for small businesses looking for ways to work more effectively and grow their profits faster using some of the leading IT developers who help present real-life solutions you can use in your business model once you've identified your needs.

Although using cloud-based platforms was once an option for companies a few years ago, it has now become a necessity. And regardless of your company's size, a growing number of businesses from large corporations to small and medium enterprises (SMEs) - are implementing cloud-based ERP solutions to boost their operational efficiencies and gain a competitive edge.

Here are some advantages associated with implementing cloud tech in your business

Increased agility & flexibility

Moving to a cloud-based platform is ideal for businesses whose bandwidth demands are constantly fluctuating or growing because it provides access to an array of performance levels that align with the needs of your business at any given time. It means your business can easily adapt by scaling up or down at anytime.

Disaster recovery solutions

A solid disaster recovery plan should be an essential part of any business plan. But sometimes, it's hard for SMEs to find the time or resources to implement this. Cloud computing can help SMEs through its use of remote servers, meaning businesses no longer need local IT teams.

Server maintenance

The real beauty of cloud services is the servers are located off-site, which means you dont have to worry about them. Your service provider will ensure all the software updates (including security) because they host your software or applications on their servers. This way, you just need to focus on using those applications and not maintaining them yourself.

Pay as you go model

Another great advantage of using cloud services is that they do not require one to spend a large amount on hardware. Cloud hosting services are subscription based, so you can pay as you go without having to plan for an entire year at once, which will help your business keep its cash flow going strong!

Easier collaboration among employees

Your employees can conduct themselves in a highly productive manner if they've easy access to your company's information and applications. A cloud-hosted platform helps keep teams collaborating on files more easily, faster, and effectively.

Streamlining of document management system

What could be extra helpful than storing files everywhere on our systems and devices?

Allowing your business document to be at one central place. Cloud hosting platforms centralize the storage of files and allow easy collaboration with tools that are built right into the cloud software. This results in easier collaboration and transparency which ultimately leads to better workflow.

Having a unified system that brings everyone in the organization on the same page is crucial for standardizing business operations whether it's an online platform or integrated systems used by your company as part of your organizational structure.

Additional security

Hosted services are a safe and secure way of running your company. The host takes care of the security, ensuring your data is safely stored in highly secure off-site servers so you never have to worry about whether or not theyre staying safe and secure. Additionally, hosting companies also have disaster recovery and backup modes ready to save your data in the event that it gets lost, stolen or damaged on their end.

Final Words

A few decades or so ago, it was just a common belief that companies need to be in the clouds when it comes to their accounting software - something which has now become not only a preferred option for organizations of all sizes but also an absolute necessity. Were not just talking about large companies here - many small and medium businesses are now using cloud-based QuickBooks premier hosting accounting software to help them optimize operations and get ahead of the competition in terms of efficiency as well as overall performance.

Cloud based systems are important because more and more people want to prioritize jobs that allow them to set their own hours.

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How cloud computing is transforming the landscape of small businesses? - HostReview.com

The Worldwide Micro Server IC Industry is Projected to Reach $2.3 Billion by 2027 – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Global Micro Server IC Market (2022-2027) by Component, Processor Type, Application, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Micro Server IC Market is estimated to be USD 1.3 Bn in 2022 and is projected to reach USD 2.36 Bn by 2027, growing at a CAGR of 12.7%.

Market dynamics are forces that impact the prices and behaviors of the Global Micro Server IC Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Micro Server IC Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Micro Server IC Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Market Segmentation

The Global Micro Server IC Market is segmented based on Component, Processor Type, Application, End User, and Geography

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/jbyf2l

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The Worldwide Micro Server IC Industry is Projected to Reach $2.3 Billion by 2027 - ResearchAndMarkets.com - Business Wire

Summit Hosting Announces New Chairman of the Board and CEO – Yahoo Finance

Stanley Kania and Warren Patterson have taken on new leadership positions.

ALPHARETTA, Ga., July 19, 2022 /PRNewswire/ -- Summit Hosting, one of the largest providers of virtual servers and cloud-based QuickBooksand Sage hostingin the U.S. and Canada, is pleased to announce today that a senior leadership transition has taken place. Stanley Kania, former CEO of Summit Hosting has become Chairman of the Board for the company, and Warren Patterson, former COO, has become the CEO.

Summit Hosting - Secure Cloud Hosting. Always On. Always Secure.

Summit Hosting delivers an industry-leading secure cloud experience for QuickBooks, Sage and other applications.

"We came together to form Summit Hosting in 2016 with the shared vision of creating a great cloud hosting company that offers tailored solutions to help businesses save money and increase growth while removing IT headaches. Warren has been instrumental in executing on that vision and is highly equipped to continue to lead the organization in his new role as CEO" said Kania. "This transition was part of the strategic plan we developed when partnering with our private equity partners, Silver Oak Services Partners, last year and I look forward to remaining actively involved in the company going forward as Chairman."

Patterson has focused on scaling companies in the application hosting and IaaS space throughout his career. "I am thrilled to take the next step as CEO of Summit Hosting," he said. "We have built a great business with the best people, processes, and technology in place to provide an excellent customer experience. I look forward to continuing to execute on our growth plan through continued acquisitions, and expanding into new end markets while continuing to provide high-quality services to our existing customers."

Summit Hosting is committed to bringing the best cloud solutions to the market by pushing the boundaries of what they offer anddelivering a high-quality cloud experience with a strong focus on customer satisfaction.

Story continues

"We're excited about the future," said Patterson. "We have a lot of interesting projects in the works and these leadership changes position Summit Hosting for continued success."

About Summit Hosting: Summit Hosting is a leading cloud hosting provider for financial applications, including QuickBooks, Sage, and SAP Programs in North America. We offer top-tier hosting platforms for customers worldwide, with over 8,000 servers and 30,000 end-users running in our environments. We pride ourselves on giving our customers every tool they need to make their day-to-day more manageable and allow their business to grow.

About Silver Oak Services Partners: Founded in 2005 and based in Evanston, IL, Silver Oak is a leading lower middle market private equity firm focused exclusively on service businesses. Silver Oak invests in business, healthcare, and consumer services companies in the lower middle market, typically with EBITDA of $4 million to $25 million.

Amye KingDirector of Marketing & Communications888-244-6559aking@summithosting.comsummithosting.com

Dedicated, Secure Cloud Hosting for Business-Critical Applications

Cision

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Summit Hosting Announces New Chairman of the Board and CEO - Yahoo Finance

ROI Training, Inc. Becomes AWS Advanced Tier Training Partner, Delivering AWS Cloud Skills Training to IT Professionals and Business Leaders – PR…

We are quite proud to have achieved Advanced Tier AWS Training Partner status in just six months.

"We are quite proud to have achieved Advanced Tier AWS Training Partner status in just six months. Advanced Tier Partner status recognizes our expertise in this space along with our commitment to a successful partnership with AWS," said David Carey, Chief Executive Officer and Founder at ROI Training. "We are laser-focused on addressing the growing demand for cloud skills in the market. AWS supports millions of customers across virtually every industry and of every size. Our proven track record of scaling cutting-edge training helps customers accelerate AWS adoption, become more agile, and innovate faster."

ROI Training's catalog of AWS offerings includes private and public instructor-led classroom training, new hire programs, "Women in Tech" events, and "Cloud for Veterans and Active-Duty Service Members". The content is designed by experts at AWS and updated regularly which drives cloud fluency and accelerates the adoption of AWS.

Per Forrester*, organizations who upskill their workforce with AWS Training and Certification experience faster delivery on cloud projects, higher staff retention among knowledgeable employees, and over 200% ROI on their AWS Cloud investment over three years.*The Total Economic Impact(TM) of AWS Training and Certification, Forrester Consulting, May 2022

As cloud technologies continue to help organizations transform their businesses at a rapid pace, employees with the necessary cloud skills are in high demand. Research shows that 85% of organizations report deficits in cloud expertise (451 Research, Voice of the Enterprise (VotE): Cloud, Hosting & Managed Services, Organizational Dynamics 2020, part of S&P Global Market Intelligence). The ATP AWS Training Partner Program is designed for organizations like ROI Training that are experienced in delivering high-quality technical training programs to customers across all verticals and are empowered by the ATP program to deliver AWS Training that enables IT professionals and businesses to leverage the power of the AWS Cloud.

Since its inception in 2002, ROI Training has worked to build a team of technical trainers that bring expertise, passion, and genuine excitement to the classroom. Having trained over 200,000 people on cloud technologies with consistent customer satisfaction scores of 95% or higher, ROI Training delivers outstanding quality and customer service to customers.

AWS Classroom Training gives learners the opportunity to engage live and get questions answered by an expert instructor. Many courses also include hands-on labs, which allow learners to practice real-world scenarios in a sandbox environment. Training also helps prepare learners for AWS Certification exams, which validate technical skills and expertise with an industry-recognized credential.

About ROI Training

ROI delivers cutting-edge technology and management training solutions to large corporations and government agencies around the world. At ROI, we strive to provide business professionals with the skills and knowledge necessary to increase work performance and drive greater return on investment for the global customers we support. ROI Training is an award-winning provider of training in the cloud space and has been recognized 6 times by Training Industry Inc. as a Top 20 Technology Training Company.

Founded in 2002, ROI Training is headquartered in New York and delivers customized training in 30+ countries covering 12 languages.

Media Contact: [emailprotected]

SOURCE ROI Training, Inc.

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Indonesia Data Center Market is expected to reach about USD 3 Billion in terms of Revenue by the year ending 2026F: Ken Research – PR Newswire

GURUGRAM, India, July 20, 2022 /PRNewswire/ --

Government's 'Making Indonesia 4.0' Plan: The Indonesian Government's program 'Making Indonesia 4.0' will putIndonesiaamong the top ten global economies by 2030 by implementing digital transformation in different industry verticals such as manufacturing, finance, healthcare, and more resulting in the higher demand for Data Center services by the end users in the country.

Growth of Internet Economy to Drive Data Center Growth: The growth of the digital economy in Indonesia is expected to reach USD 150+ billion in 2025.With the growing internet economy, the demand for data services and infrastructure is expected to increase exponentially in Indonesia.

New Entrants: New entrants will provide a major boost to market growth during 2022-2026, supporting the wholesale needs of local enterprises and cloud service providers in the region.Companies such as Space DC, PureDC and more are currently building their facilities in the country.

Upcoming Smaller Facilities: PT Solusi Sinergi Digital Tbk or Surge is preparing to build edge data centers in train stations and warehouses of village cooperatives (KUD) across Java Island.

Emergence of 5G Technology: The emergence of 5G technology in Indonesia is likely to grow the adoption of IoT-enabled products in the Indonesian market further contributing to the development of data center industry.

Analysts at Ken Research in their latest publication "Indonesia Data Center Market Outlook to 2026- Growing Tech Savy Population, Internet Penetration Rate and Rising Number of Facilities to Drive the Indonesia Data Center market in the near future" believe that the data center industry in Indonesia has been growing and is expected that it will expand further owing to the rising number of data centers, surge in demand for local data centers, attractive investments from hyper scale cloud providers, additional services provided by the companies such as cloud services, data recovery, security services, cross connect and others. The market is expected to register a positive CAGR of 24% in terms of revenue during the forecast period 2022F-2026F.

Key Segments Covered: -

Managed Data Center

Key Target Audience:-

Time Period Captured in the Report:-

Companies Covered:-

Key Topics Covered in the Report:-

For More Info on the Research Report, Click on the below link: -

Indonesia Data Center Market Analysis

Related Reports by Ken Research: -

KSA Data Center and Cloud Services Market Outlook to 2026F Driven by rising investments in data centers from private sector and government support towards technology and Cloud first policy

KSA is the largest ICT market in the MENA, and it is well-positioned to become a technology service and cloud hub with access to international connectivity through the Red Sea and the Gulf. KSA Data Centre industry is witnessing robust growth in the era of virtualization and cloud computing. Shifts in creative media content towards Content Delivery Networks, IoT, growth of big data and the roll out of 5G is driving the demand for data consumption in KSA. Improvement in network connectivity, government support, and rapid growth in the adoption of big data, and IoT services have been strong enablers for the growth of the KSA data Center market.

KSA Data Center is moderately concentrated market with STC and Mobily are the top player with the greatest number of data centers. Majority of the Data Center operators are in collaborative terms with other market players to expand their business and reach to the rising demand of data usage by end users. KSA Data Center Market is set to grow at a CAGR of 19.5% in terms of revenue generation, over the period 2021-2026F. The KSA government's smart city initiatives, adoption of 5G, Internet of Things (IoT), Artificial Intelligence (AI) and cloud first policy are driving the demand for Data Centers.

UAE Data Center and Cloud Services Market Outlook to 2026F Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services

UAE Data Centre industry is witnessing robust growth in the era of virtualization and cloud computing. The increased use of data consumption and internet bandwidth in the country is driven by expanding reach of social media, increased use of smart devices, data localization, increased adoption of cloud services and digital transformation journeys of many UAE Data Center companies.

UAE Data Center is highly fragmented market with Etisalat as the top player with most number of data centers. Majority of the Data Center operators are in collaborative terms with other market players to expand their business and reach to the rising demand of data usage by end users. UAE Data Center Market is set to grow at a CAGR of 18.4% in terms of revenue generation, over the period 2021-2026F. The UAE government's smart city initiatives, adoption of 5G, Internet of Things (IoT), Artificial Intelligence (AI) are driving the demand for Data Centers.

India Data Center and Cloud Services Market Outlook to 2025- Favorable Government Support and Data Localization Leading to Surge in Data Center Adoption

The India data center market was observed to grow with a stable growth pattern in the review period 2014-2020P. Factors such as data localization law, government's digitization drive, rapid movement from cloud computing to the edge computing surge in outsourcing of data center services and others have helped the data center industry to grow in India in terms of revenue.

Malaysia Data Center Market Outlook to 2022 - by Revenue Streams (Colocation, Managed Hosting and Cloud Services), by End Users (Banking & Finance, Federal Government, Content & Technology and Others)

The data centre market in Malaysia is in the growth stage. The support and encouragement provided by the government along with the efforts to promote the country as a hub for data centres have catapulted development in the market in every aspect. The market is an amalgamation of large-sized and mid-sized players that specialize in colocation and managed hosting services. The market has also witnessed a substantial rise in the demand for public and private cloud services. The Johor area (close to Singapore) in the southern part of the country is growing as an attractive investment opportunity for data centre companies. Malaysia data centre market has witnessed substantial growth in the past few years recording a CAGR of ~% during 2012-2017. The market has grown from USD ~ million in 2012 to USD ~ million in 2017 driven Economic Transformation Programme (ETP) launched in Malaysia which has listed development of Data Centre Market in Malaysia as a key Entry Point Projects (EPPs) under the Business Services NKEAs (National Key Economic Areas). The low cost of the establishment along with the infrastructure development has been the major attractions for DC companies in Malaysia. The market has witnessed double-digit growth in the past five years except in the year 2015 when the growth rate of the market fell to ~% from ~% in 2014. The slowdown in the global market restricted companies from outsourcing their data centre services, this restricted the double-digit growth of the market in 2014 to single-digit growth in 2015.

Contact Us: -Ken ResearchAnkur Gupta, Head Marketing & Communications[emailprotected]+91-9015378249

Logo : https://mma.prnewswire.com/media/661352/Ken_Research_Logo.jpg

SOURCE Ken Research

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Indonesia Data Center Market is expected to reach about USD 3 Billion in terms of Revenue by the year ending 2026F: Ken Research - PR Newswire

ATS Group Looks For Patterns In The IT Chaos With Galileo Suite – IT Jungle

July 20, 2022Alex Woodie

If youre having trouble keeping track of a busy IT environment, youre not alone many organizations are in the same boat as you. But when you check out many observability tools, youll often find they dont even know how to spell IBM i. That is not the case with Galileo Suite, a collection of IT monitoring and observability tools from Advanced Technology Service Group that supports a range of operating systems, including IBM i.

IT Jungle caught sight of Galileo Suite at the recent COMMON POWERUp conference in New Orleans, where the company behind the suite, ATS Group, had a booth in the expo. While ATS Group appears to offer a range of services for IBM i customers, including cloud hosting and modernization and migration offerings, it was Galileo Suite that was the headliner.

ATS Group supports IBM i with at least some of the tools in the Galileo Suite, which is more than many of the biggest names in IT observability can say. The suite consists of:

ATS Group sells these solutions via four main packages, including Basic, which costs about $2 per endpoint per month; Pro, which costs about $8 per endpoint per month; and Business, which costs $15 per endpoint per month.

ATS Group is an IBM business partner that specializes in IBM modernization. The Malvern, Pennsylvania-based company also runs a private cloud, where it manages thousands of Power environments, including IBM i, AIX, and Linux. The ATS PowerCloud, as it is called, is spread across four geographically separate data centers, the company says.

It also offers disaster recovery, remote administration of IBM i, AIX, and Linux environments, as well as co-location of customers Power environments in ATS Groups data centers.

Although IBM remains committed to Power Systems running AIX and IBM i with an enhancement roadmap beyond 2035, its becoming harder than ever to find qualified, trustworthy people to manage those environments, ATS Group Principal Tim Conley states on the ATS Group website.

Most IT organizations are facing: outsourcing their systems administration to people who dont understand IBM Power, he says, or retiring the architecture in which they invested plenty of time and resources.

Conley claims his company has helped more than 500 businesses keep their critical Power Systems running.

We reached out to Galileo Suite and ATS Group for more information on IBM i support, but didnt hear back by press time. For more information, check out the Galileo Suite at galileosuite.com/ and ATS Group at theatsgroup.com/.

Tags: Tags: Advanced Technology Service Group, AIX, ATS Group, Galileo Suite, IBM i, Linux, Power Systems, PowerCloud

Four Hundred Monitor, July 20Service Express Buys iTech Solutions, iInTheCloud

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ATS Group Looks For Patterns In The IT Chaos With Galileo Suite - IT Jungle

The Digital Services Act (DSA) Transforms Regulation Of Online Intermediaries – Advertising, Marketing & Branding – United States – Mondaq

On July 5, 2022, the European Parliament voted to approve the final text of the Digital Services Act("DSA" or the "Act"), a landmark regulationthat-along with its sister regulation, the Digital Markets Act("DMA")-is poised to transform the global regulatorylandscape for social media platforms, hosting services like cloudservice providers, and other online intermediaries.

Lawmakers have billed the DSA as implementing the principle that"what is illegal offline, should be illegal online." Inreality, the DSA goes much further, requiring online platforms tonot only take greater accountability for "illegal" and"harmful" content that they host, but also to provideunprecedented transparency around their content moderationpractices, targeted advertising, and recommender algorithms, and tomaintain comprehensive risk management systems for a potentiallywide range of systemic risks-from public health crises to politicalmisinformation.

In this Debevoise Data Blog post, we have provided an update onthe status of the DSA, an overview of the key features of thislandmark regulation, and several take-aways for companies about theimport of the DSA.

The Parliamentary vote was the penultimate step for enactment ofthe DSA, which is now due to be adopted by the European Council inSeptember 2022, formally enacting it as law. The Act was firstintroduced in December 2020, but stalled for negotiations betweenthe European Council and Parliament. A political agreement wasreached in late April 2022, and the text of the Act was finalizedin the subsequent months leading up to the July Parliamentaryvote.

Once adopted, the timeline for its application and enforcementwill be fast-paced. While the full text of the DSA would beginapplying to all covered online intermediary services on January 1,2024, companies designated as very large online platforms("VLOPs") may have to begin complying with a subset ofprovisions at a much earlier date, most likely in early ormid-2023.

The DSA applies to a wide range of "intermediaryservices," which the Act categorizes by the role, size, andimpact of a given company on the online ecosystem."Intermediary services" include a broad range of"mere conduit," "caching," and"hosting" services, with the bulk of the Act'srequirements focused on the following types of companies:

Under the Act, VLOPs and VLOSEs are subject to the moststringent set of requirements, as well as greater regulatoryoversight.

The DSA imposes tiered requirements on different categories ofintermediary services, which means that a different set ofobligations will apply to each type of intermediary covered underthe Act. However, the general requirements of the Act are asfollows:

The DSA imposes outright bans on the following practices for allproviders of online platforms:

The DSA increases intermediaries' obligations to counterillegal goods, services, or content online. In particular,platforms must implement policies to ensure greater traceability ofbusiness users in online market places and must provide a mechanismfor any individual or entity to easily flag illegal content.Requirements for various categories of intermediaries include:

The DSA also establishes stringent transparency requirements forintermediary services regarding targeted advertising and contentmoderation practices. Requirements for various categories ofintermediaries include:

The DSA provides that VLOPs (such as major social mediaplatforms) have "a systemic impact in facilitating publicdebate, economic transactions and the dissemination of information,opinions and ideas." Accordingly, the DSA imposes additional,more stringent obligations on them. In addition to the requirementslisted above, VLOPs will be subject to the followingobligations:

Platforms must comply with crisis responseprotocols developed by the Commission in the event ofa "serious threat to public security or public health,"which may include ordering the platform to "identify and applyspecific, effective and proportionate measures" of theplatform's choice to mitigate the threat, provide informationon the threat, or report back to the Commission on progress inmitigating the threat progress (Art. 27a).

Platforms must conduct externalindependent auditing of the platform'scompliance with the DSA on an annual basis, by auditors with provenexpertise, technical competence, and capabilities in the area ofrisk management (Art. 28).

Platforms mustprovide access toplatform data to regulators and vetted researchersunder certain circumstances (Art. 31).

For most platforms, national-level authoritieswill be primarily responsible for enforcement of the DSA, withsupport from the newly formed European Board for Digital Services.Member states will each authorize an authority as a DigitalServices Coordinator, which shall be responsible for all mattersrelating to supervision and enforcement of the DSA. DigitalServices Coordinators will have the power to, among other remedies,impose fines of up to 6% of the annual worldwide turnovers ofproviders who fail to comply with DSA obligations.

For VLOPs, however, the European Commissionwill be primarily responsible for the supervision and enforcementof the DSA, and will be granted enhanced powers for this purpose.The Commission may impose fines of up to 6% of the platform'sannual global turnover where it finds an infringement or failure tocomply. Other specific powers include the authority to requestinformation from the platform (Art. 52); conduct on-siteinspections (Art. 54); and initiate monitoring actions, wherein theCommission can order a platform to provide access to, andexplanations relating to, its databases and algorithms (Art.57).

The DSA is a groundbreaking legislation that aims to transformthe digital regulatory landscape in the EU and beyond. In order tobe prepared to comply with the new rules, companies will need totake note of additional compliance or reporting requirements thatthe DSA will create for them, and the tight timeline on which theywill need to remedy any compliance gaps. Companies should payspecial attention to any implications for their advertisingplatforms as well as any use of algorithmic decision-making or AI,especially in the context of content moderation and recommendersystems, as those applications will be subject to unprecedentedtransparency requirements and, as a consequence, regulatoryscrutiny.

The authors would like to thank Law Clerk Melissa Muse and Summer Law Clerks JoshGoland, Sharon Shaji, and Annabella Waszkiewicz for theircontributions to this article.

The content of this article is intended to provide a generalguide to the subject matter. Specialist advice should be soughtabout your specific circumstances.

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The Digital Services Act (DSA) Transforms Regulation Of Online Intermediaries - Advertising, Marketing & Branding - United States - Mondaq

Big Tech Fights for Its Right to Screw Us Over – Energy & Capital

Theres a trillion-dollar war being waged in America as we speak.

Instead of guns and artillery, its being fought with suspiciously timed opinion pieces and shady special interest groups. Like it or not, none of us can escape the battlefield.

The internet is no longer equal ground. Now that a handful of companies like Amazon and Google control most of the worlds web services, they can direct their own traffic.

Big Tech has been fighting for unlimited control of the internet since long before folks like Jeff Bezos got their hands on it. But under his reign, Amazon took control of close to 40% of the worlds cloud hosting services.

Thats right, Amazon is much more than just online shopping. Every cent of the company's operating profits comes from the tech department.

Amazon plays landlord to almost half of the active websites on the entire internet. Its becoming too close to a monopoly for a few senators comfort, so they're firing back.

Within the next few months, the Senate is expected to vote on the American Innovation and Choice Online Act (AICOA). The bill will limit tech giants ability to pick and choose which content users get to see.

And its no exaggeration to say that Big Tech is terrified.

If they aren't, why are Amazon, Google, Meta, and Apple funding a billion-dollar media firestorm to sway the public against the bill?

Were in an all-out war, and most of the public has no idea it's even happening.

Big Techs arsenal is incredibly sophisticated. Our politicians, on the other hand, have shown their technological ineptitude time and time again.

Either that, or they're just not trying. Bloomberg reported that a few Democrat senators have privately expressed deep reservations about voting for AICOA with the midterm elections looming.

This is a textbook example of big corporations weaponizing the government against consumers. All it takes is a donation from a lobbyist to sway an apathetic politician.

Think about Walmart, for example. The company has spent hundreds of millions of dollars in lobbying efforts since it was founded. Many of its in-house lobbyists have even previously worked in Congress.

With this political shield, Walmart almost single-handedly drove Americas small businesses into the ground. No laws could successfully touch it, and the economic impacts are still being felt today.

Now, imagine if Walmart signed a deal with the government to buy every road in America, and it then started leveling highways and rebuilding so every route led directly to its stores.

But it wouldnt stop there. Any roads that led to other stores would be crowded and riddled with potholes. They might not even show up on your GPS if Walmart has any say.

Thats exactly what has happened to the worlds digital economy.

By controlling the paths users take to their favorite sites, Big Tech wields a huge amount of unseen influence over shopping, banking, and entertainment. Expecting these companies to play fair is naive at best.

Your favorite small business or independent artist will most likely get buried under a blanket of sponsored content and Big Tech Approved links.

And thats only the beginning.

Two of the biggest threats to the free open internet weve seen are Amazon Web Services (AWS) and Googles Accelerated Mobile Pages (AMP).

AWS is an incredibly feature-rich cloud computing platform. It includes data storage/backup, webpage hosting, database solutions, and much more. From what Ive heard, it can be a godsend to developers.

AWS lets businesses take advantage of a massive sea of server farms without needing to actually install anything on-site. If you suddenly need to double in size overnight, all it takes is a few clicks.

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The fact that Amazon essentially owns the land underneath half of all digital businesses on Earth is incredibly concerning.

AMP is a similar concept but with slightly different execution.

Accelerated Mobile Pages load faster and use less data, boosting performance on mobile devices. The simplified pages also use less data and can run smoothly on a spotty internet connection.

Sounds too good to be true, right?

The problem with this system is that not everything can be streamlined so easily. To force-fit your webpage into the AMP model, critical information is often lost.

To top it off, Googles search engine also reportedly ranks any non-AMP articles below its own AMP content exactly the type of favoritism AICOA wants to ban.

For content creators, it would mean revenue-generating links and advertising money go directly to Google, not you. Its a mafia racket at that point. You're paying for the privilege of having Google take credit for your work.

These tech companies deserve to be knocked down a few pegs.

They have all collectively spent the last decade gaming the system to extract as much money from users as possible.

The current tech sell-off is dragging some stocks to their lowest point all year, so its no wonder Big Tech is desperate for cash.

If this bill passes, the largest names in the sector will most likely take the biggest hit. But smaller tech companies, some with just as much potential as Meta or Google did, could see a once-in-a-lifetime boost.

Up-and-comers like Patreon, Yelp, and DuckDuckGo have all backed the bill. They're hoping to carve out their own niches in corners of the economy that have thus far been dominated by a few giant companies.

But still, even those few are bigger than the stock plays Im looking for.

The computing sector in particular has been forced to play by Big Techs rules for decades now ever since Microsoft and Apple formed their famous duopoly.

Thats all about to change.

New computing technology is currently being developed in every lab across the world. Giants like IBM are racing against an army of small-scale labs to crack a decades-old physics puzzle.

Our analysts at Technology and Opportunity have been searching for the company with the best chance of beating giants like Amazon and IBM, and I think theyve found it.

This small group of researchers is already 10 steps ahead of the competition. Their work almost looks like science fiction until you hear the explanation.

Learn more about it here. If you're looking to invest, Id recommend watching it twice.

To your wealth,

Luke SweeneyContributor, Energy and Capital

Check us out on YouTube!

Lukes technical know-how combined with an insatiable scientific curiosity has helped uncover some of our most promising leads in the tech sector. He has a knack for breaking down complicated scientific concepts into an easy-to-digest format, while still keeping a sharp focus on the core information. His role at Angel is simple: transform piles of obscure data into profitable investment leads. When following our recommendations, rest assured that a truly exhaustive amount of research goes on behind the scenes..

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Big Tech Fights for Its Right to Screw Us Over - Energy & Capital

Broadvoice Wins 2022 Unified Communications Product of the Year Award – PR Newswire

TMC Recognizes Broadvoice b-hive UCaaS Platform for Innovations in Collaboration, Customer Success and Uptime

LOS ANGELES, July 20, 2022 /PRNewswire/ -- TMC has recognized Broadvoice, a provider of hosted voice, unified communications (UC), call center services (CCaaS), and SIP trunking services for businesses, as a 2022 Unified Communications Product of the Year Award winner for its Broadvoice b-hive Unified Communications as a Service (UCaaS) platform.

Broadvoice b-hive is a proprietary UCaaS platform that delivers a range of communications capabilities rarely found together in enterprise cloud solutions, let alone in a platform designed for small and medium businesses (SMBs) with as few as 10 employees and as many as 250. It includes cloud PBX, Unified Communications (UC) and collaboration features with a virtual call center and integrates with Salesforce CRM and the Microsoft Teams collaboration hub.

"Broadvoice's b-hive Communicator gives small businesses' big business' functionality, with features typically found only on enterprise-scale platforms, including mobility, continuity, high-availability connectivity, flexible pricing and an intuitive self-service portal," said Broadvoice Chief Product Officer George Mitsopoulos. "We're also incredibly proud of our team's efforts in creating a customer-first culture, leading to exceptional customer-satisfaction feedback and Net Promoter Scores (NPS)."

Unlike most other providers, Broadvoice has complete control over its UCaaS platform, including app development, geo-redundant data centers and diverse network connections. In the past few years, the company has focused on product-led growth driven by customer needs. This approach has resulted in innovations, such as introducing its:

"It gives me great pleasure to honor Broadvoice as a 2022 recipient of TMC's Unified Communications Product of the Year Award for their innovative solution, Broadvoice b-hive," said Rich Tehrani, CEO of TMC. "Our judges were very impressed with the ingenuity and excellence displayed by Broadvoicein its groundbreaking work on b-hive."

Winners of the 2022 Unified CommunicationsProduct of the Year Award will be announced online and highlighted in INTERNET TELEPHONY magazineonline.

About Broadvoice

Broadvoice simplifies communications for small and medium businesses (SMBs) by combining powerful cloud PBX, UC and collaboration features with virtual call center in one award-winning Unified Communications as a Service (UCaaS) platform that delivers enterprise-class features at affordable rates. The platform is connected to Broadvoice's secure, redundant network and hosting infrastructure, enabling SMBs to connect with customers securely anytime, anywhere and with any device. With network assets and customers spanning four continents, Broadvoice serves the world's SMBs, enhancing collaboration and commerce across the globe.

Media Contact:

Kimberly WayBroadvoice970.289.0854[emailprotected]

SOURCE Broadvoice

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Broadvoice Wins 2022 Unified Communications Product of the Year Award - PR Newswire