Category Archives: Cloud Hosting
Hex Brings Cloud-Native Notebooks to Snowpark – Digital Journal
Elegant UI for SQL, Python, and No-Code allows collaboration across users on top of Snowflake
LAS VEGAS June 14, 2022 (Newswire.com)
Today at Snowflake Summit, collaborative data science and analytics platform provider Hex is announcing support for Snowflakes developer framework, Snowpark. This integration is part of growing momentum between Hex and Snowflake, coming on the heels of Hex achievingSnowflake Premier Technology Partner status, completing theSnowflake Ready Validation Program, and being listed in theSnowflake Partner Connect.
Hex was built to be cloud-native, and to work with Snowflakes Data Cloud. Its unique architecture and tight integrations let users move beyond limits of traditional notebooks, and modernize their workflows for the cloud. Most or all! data processing can be pushed down to the Snowflake Data Cloud, taking advantage of Snowflakes scalable compute and advanced caching. Discovering insights and building apps on data stored in Snowflake using Hexs analytics workspace takes just minutes. Joint customer wins include Clipboard Health, Glossier, Notion, and Opensea.
Snowflake introduced Snowpark in 2021, allowing developers to connect their favorite tools via API, such as Python, and deploy them in a serverless manner to Snowflake. The integration withHexsnotebook UI provides an elegant front end fordata scientists and analysts to connect to data in the Snowflake Data Cloud, do exploration and analysis in SQL and Python, build interactive data apps, and share them broadly.
This integration benefits data literate stakeholders across the organization:
The Snowflake Data Cloud is our single source of truth for data, but running analytics directly on Snowflake has traditionally been limited to SQL users, said Abhishek Modi, software engineer at Notion. Snowpark opens the Data Cloud to a wider audience, which aligns with our use of Hex as a self-serve analytics environment supporting users ranging from our marketing team to seasoned data scientists. Hex and Snowpark together will help us truly democratize data for users across the business.
At Snowflake, we build partnerships with leading technology providers that help our customers deliver meaningful data insights, democratize the use of analytics, and offer a delightful experience, said Tarik Dwiek, head of Technology Alliances at Snowflake. Working with Hex has allowed us to deliver in a big way. Our shared customers, including data scientists, are building data apps faster and empowering business users to make smarter decisions.
Hex initially joined the Snowflake partner program in September 2021 as a Select Technology Partner. Recognition as a Premier Technology Partner means that Hex has completed the next level of technical integration and has extensive joint customers with Snowflake. In becoming Snowflake Ready Validated, Hex has successfully completed the third party technical validation confirming its Snowflake integrations are optimized for both function and performance.
Hex is a core component of our modern data stack, supporting exploratory analysis, model prototyping, and hosting internal data-powered tools, said Jerry Shen, head of Data at Opensea. Our ability to do work in Python and also write SQL against a DataFrame in Hex that reads and writes directly from Snowflake is really key to helping us productionalize our work.
We see Snowflake and Hex as two core components of the modern data stack, said Barry McCardel, Co-founder and CEO, Hex. Together, were pushing the envelope in terms of creating organizational knowledge from data in a cloud-native, future-looking environment.
As part of Snowflake Partner Connect, its easy for Snowflake customers to start a Hex trial directly from the Snowflake Data Cloud. From the Snowflake Partner Connect in app menu, users click the Hex tile to activate a Hex trial connected to their Snowflake account, automatically generating objects and/or granting access to their database of choice to power a Hex project.
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About Hex
Hex helps teams do more with data, together.The Hexplatform for collaborative analytics and data science combines SQL, Python and R notebooks, data apps, and knowledge management, making it easy to use data and share the results. Users publish work internally or externally as interactive data apps with drag-and-drop in responsive layouts anyone can use. Learn more at hex.tech.
Media Contact
Karina Babcock, Head of Content & Communications, Hex[emailprotected]
Press Release ServicebyNewswire.com
Original Source:Hex Brings Cloud-Native Notebooks to Snowpark
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Hex Brings Cloud-Native Notebooks to Snowpark - Digital Journal
Cloud Adoption: 3 Things to Consider – InformationWeek
For virtually every enterprise today, moving to the cloud is no longer a question of if; instead, the question is, which apps and when? There is urgency in the answer. In fact, when asked about their deadlines for embracing and adopting cloud technology, many IT practitioners will quip: Yesterday!
However, while most executives understand the benefits of transition to the cloud for scalability, operational efficiencies, security or cost-savings, many still harbor understandable concerns. Business executives face not just the technical challenge of cloud migration, but the added hurdle of reaching consensus amongst enterprise finance and technology leaders -- addressing their concerns and easing resistance to enact mission-critical change.
Here are three common areas of concern along with ways to overcome them and, ultimately, build confidence across the enterprise to move forward with a cloud migration.
Shifting to the cloud has a significant impact that most chief financial officers like -- it keeps more cash on hand. It also makes cash planning more predictable. Rather than dealing with spikes of expenditures when new equipment is needed, maintenance is required or updates are implemented, CFOs recognize that the expenditures become smooth. To get this benefit, it is important to move the correct types of applications into the cloud.
Typically cloud costs are based on computing resource usage, data storage, and data transfer. When you move an application to the cloud, you need to understand if it can use compute resources when needed and release them when idle. If the application uses the same compute resources when idle as it does when busy then you should consider local hosting.
Data storage and transfer also impact costs. Are you storing your data efficiently? Do you have unnecessary copies. and are you compressing where possible? Data transfer is another place where surprise costs can occur. Is the application writing and re-writing data unnecessarily?
To prevent unnecessary costs, applications may need to be re-written or new cloud-ready applications licensed. You can also use the cloud service contract to manage costs. When purchasing cloud services, you can secure a committed use discount which ensures discounted prices based on a commitment to use a minimum level of computing resources for a specified term. As organizations mature in their cloud usage, they can begin to forecast cloud costs and pre-buy committed compute usage annually for a discounted rate. In this way, cloud costs can be lowered over time, and become more predictable.
Optimizing compute spend in the cloud is an ongoing engineering challenge. Better application design improves efficiency and lowers costs. In a distinct advantage over the data center model, the cloud makes application costs visible down to the very last application programming interface. That level of visibility empowers engineers to continuously improve cost-efficiency of cloud operations.
In a data center model, internal IT professionals have a time-tested handle on networking, security, data governance and application deployment. The move to the cloud will disrupt that status quo. The best way to mitigate disruption is through employee communications and training.
Common questions IT teams and leadership must tackle when moving to the cloud include how the cloud transition will impact these functions, or whether they even exist in the same form in a cloud environment. Based on our own experiences with this, as well as helping our customers work through these challenges, the most successful approach to these questions takes a perspective of: how does what we know and do today translate to the cloud?
Upfront investment in cloud training for the workforce is a must. Cloud-specific training will help employees understand how basic concepts translate. For instance, to a networking infrastructure lead, virtual LANs (VLANs) become virtual private clouds (VPCs). Training results in a superior system architecture, because the transition team can design the cloud infrastructure to align with cloud best practices versus recreating the exact data center infrastructure in the cloud. Further, cloud training positions the workforce for continued career growth in an increasingly cloud-centric environment. The investment in training will increase employee engagement and build loyalty, which reduces turnover.
While an organization might wish to take a measured and methodical approach to cloud adoption, the clock is ticking when it comes to app modernization. Todays new applications are born in, and designed for, the cloud. Most legacy apps will either shift to the cloud or become obsolete. As many of the apps are business critical, updates can force cloud migration in order to maintain continuity of important apps.
To ease the transition, a hybrid approach often yields the best outcome. This hybrid scenario entails embracing cloud-native apps to take advantage of cloud-only services; redesigning a subset of legacy applications for deployment in the cloud; and migrating remaining apps through a lift and shift approach migrating on-premise virtual machines to identical virtual machines running in the cloud.
This hybrid approach demands careful decision making around which of these approaches to take with each distinct application. While a lift and shift approach is the most straightforward, it is also most expensive and could result in lower performance and efficiency. Selecting a new, cloud-native replacement app may result in the loss of any residual license value on the existing app, the need to port over existing users and data and perhaps the need to learn a new app interface, service/maintenance and integration points. Redesigning legacy apps similarly leads to new interface and integration points and creates a significant workload for IT. Working collectively on a hybrid solution, the IT team weighs the benefits of each approach and decides the right course of action for each application.
As businesses face the pressure and urgency of cloud migration, successfully addressing cost management, employee training and app modernization will help mitigate common causes of resistance from stakeholders and jump-start a transformation. A careful evaluation of technology and business needs in the cloud transition process will help foster a courageous enterprise culture of embracing the latest technologies to drive innovation and operational efficiency.
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Cloud Adoption: 3 Things to Consider - InformationWeek
Freedom of Information request on cloud hosting services (FOI 21/1271) – GOV.UK
FOI 21/1271
13th December 2021
Dear
Thank you for your email.
The type of contract I wish to see is below:
1.Cloud Hosting- Cloud hosting services provide hosting for websites on virtual servers, which pull their computing resources from extensive underlying networks of physical web servers.
Not all of these will be applicable to the organisation.
For the different types of hosting services, can you provide me with the following information:
Co-Location and Cloud Hosting
Co-Location SunGard Availability Services (UK) Ltd
Cloud Hosting Red Ant, Azure, Mulesoft and Appian,
SunGard Availability Services (UK) Ltd ~180,000
Red Ant (TD Hosting only) ~30,000
Azure ~1,000,000
Mulesoft ~363,000
Appian ~569,000
4.What type of cloud environment?
Private Cloud-a distinct and secure cloud based environment in which only the specified client can operate.
Public Cloud -where cloud services are provided in a virtualized environment, constructed using pooled shared physical resources, and accessible over a public network such as the internet.
Hybrid-integrated cloud service utilising both private and public clouds to perform distinct functions within the same organisation.
Hybrid
SunGard Availability Services (UK) Ltd Feb 2020
Red Ant (TD Hosting only) Jul 2021
Azure Jan 2019
Mulesoft Nov 2018
Appian Jan 2018
SunGard Availability Services (UK) Ltd 31/01/2025
Red Ant (TD Hosting only) July 2023
Azure 17/01/2022
Mulesoft 06/11/2022
Appian 31/12/2022
Contracts are reviewed on an ongoing basis and dependent on future requirements
SunGard Availability Services (UK) Ltd 5 years
Red Ant (TD Hosting only) 2 year
Azure 3 years
Mulesoft 4 years
Appian 5 years
SunGard Availability Services (UK) Ltd data centre services
Red Ant (TD Hosting only) web hosting
Azure infrastructure and platform services
Mulesoft infrastructure and applications services
Appian infrastructure and applications services
All contracts are managed by IT Commercial Management Team Itcommercialmanagement@mhra.gov.uk
If you have a query about the information provided, please reply to this email.
If you are dissatisfied with the handling of your request, you have the right to ask for an internal review. Internal review requests should be submitted within two months of the date you receive this response and addressed to: info@mhra.gov.uk
Due to the ongoing Covid-19 situation, we are not able to accept delivery of any documents or correspondence by post or courier to any of our offices
Please remember to quote the reference number above in any future communications.
If you were to remain dissatisfied with the outcome of the internal review, you would have the right to apply directly to the Information Commissioner for a decision. Please bear in mind that the Information Commissioner will not normally review our handling of your request unless you have first contacted us to conduct an internal review. The Information Commissioner can be contacted at:
Information Commissioners Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
Yours sincerely
MHRA Customer Service Centre
Medicines and Healthcare products Regulatory Agency
10 South Colonnade, Canary Wharf, London E14 4PU Telephone 0203 080 6000
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Freedom of Information request on cloud hosting services (FOI 21/1271) - GOV.UK
Business continuity in the cloud: Benefits and planning tips – TechTarget
By
Published: 31 May 2022
Data protection and business continuity offerings were once only financially accessible to large companies that could afford to construct a secondary data center. However, the public cloud and cloud hosting providers have made business continuity and disaster recovery services available to the masses.
There are numerous benefits to using the cloud for business continuity (BC). The most obvious is that on-premises workloads can be configured to fail over to the cloud, substantially reducing an organization's downtime. This enables mission-critical applications to run even if the organization experiences data center issues.
The cloud also simplifies disaster recovery (DR) planning. On-premises continuous data protection offerings can often be configured to write a backup copy to the cloud. This ensures that critical data is replicated to an off-site location where it's protected against disasters that might affect the data center. An organization could also use a cloud-based disaster recovery service, which can be a less expensive and simpler alternative to a custom cloud-based DR offering.
Organizations can use the cloud to scale workloads running on premises. During periods of peak demand, a cloud service can be configured to automatically provision additional VMs to cope with the increased workload.
Similarly, cloud services can help reduce the effect of a DoS attack. Such attacks seek to overwhelm IT resources to the point they are unable to handle normal workloads. Depending on the severity of the attack, workloads can become sluggish or completely unavailable. Because cloud services can scale to meet demand, an organization might be able to use cloud resources to reduce the effect of the attack so business can continue as normal.
Finally, business continuity in the cloud reduces recovery time in the event of a disaster by ensuring that recovery operations can be performed in a minimal amount of time.
Entire books have been written on what must be considered when planning for business continuity in the cloud. However, there are several things that must be considered above all others.
The process of creating a cloud-based BC plan will vary from one organization to the next. However, there are some high-level steps that will be common to most organizations. These steps include:
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Business continuity in the cloud: Benefits and planning tips - TechTarget
Medibank goes live with e5 Workflow cloud offering – IT Brief Australia
e5 Workflow has successfully implemented its SaaS offering, e5 Connect, with long-standing client Medibank.
This new service marks a move away from on-premise hosting to off-site cloud hosting, significantly reducing the infrastructure and inhouse support required to run the platform.
The software helps businesses prioritise, distribute and monitor work to maximise operating efficiency. It does this by sorting incoming work by priority level and then assigning it to the most suitable person.
Clients of e5 Workflow have consistently seen a 30 percent increase in productivity within 12 months as measured by service level agreement (SLA) improvement. The software currently is used by 75 percent of the healthcare insurance market in Australia and has made strong headways expanding into the US healthcare market over the past decade.
e5 Workflow notes the key benefit of shifting to the cloud is that it will now provide all external IT support for its software, meaning that it will preserve compliance for the software, supporting wider security risk mitigation efforts, and provide the latest functionality and updates.
Craig van Zeyl, founder and CEO, says, "This new offering is the largest change to the software base in 20 years.
"It will provide peace of mind for businesses knowing that they have the IT experts keeping their workflow management software current, secure and compliant in the face of ever-shifting regulatory guidelines across many of the industries we serve," he says.
"The motivation behind the shift to the cloud-based offering is centred in the company's drive to always stay one step ahead of any competitors," van Zeyl says.
"We want to make our software redundant before anyone else does and thats ultimately what is behind the business success, were always striving to innovate. e5 Connect is the result of 6 years of development and is the next iteration of how we can make our clients businesses more productive."
e5 Workflow has a strong track record of supporting client partners over many years, adapting and growing with them. One of Australia's largest health insurance providers, Medibank has been a client for just shy of two decades, partnering with e5 Workflow to optimise its workforces efficiency, ensuring a fast and high-quality service for its customers. Adopting e5 Connect is one of many strategies that Medibank is employing in order to achieve this three-year target.
Medibank anticipates that e5 Connect will increase the speed and reliability of the platform and reduce friction associated with running the software on its internal infrastructure, including service outages and performance issues.
Robert Bujaroski, IT applications manager, Medibank, says, "Cloud-First is one of our core cloud principles enabling a consistent computing approach and best practice across the enterprise - for any new services or when evaluating alternatives for existing services, one of the many reasons why we are implementing e5 Workflows industry-leading SaaS solution.
"The platform will enable us to focus on value-adding activities and best in class customer service," he says.
Michael Norton, head of PHI operations, Medibank and AHM, adds, "e5 provides us with the ability to streamline our work processes, manage our SLAs and prioritise our operational activities.
"Having e5 across operations has contributed to one of Medibanks key focus areas to deliver leading experiences for our customers and our people by; facilitating a seamless transition to work from home during COVID-19 lockdowns; prioritising work to enable Medibank to provide leading customer experiences; eliminating waste in processes, enabling improved service level performance; and providing live visibility of work on hand and insightful reporting capabilities," he says.
"While the on-premise hosted software will continue to be supported, e5 Workflow is looking forward to continuing to onboard new and existing clients to e5 Connect, including AHM, over the coming months."
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Medibank goes live with e5 Workflow cloud offering - IT Brief Australia
GSI Will Host 5 Educational Sessions at 2022 BLUEPRINT 4D 2022 Conference – Kilgore News Herald
GSI's CISO to Present Super Session: How to Protect Your JD Edwards System from Cyberattacks
Atlanta, GA, June 5, 2022 /PRNewswire-PRWeb/ --GSI, Inc. is returning to the first in-person major Oracle JD Edwards conference in two years. GSI will be exhibiting in Booth 529 at the BLUEPRINT 4D conference, which is being held at the MGM Grand in Las Vegas, Nevada on June 6-9. GSI will be hosting five (5) JD Edwards educational sessions at the conference.
Subject Matter Experts will present the latest information on the platform's evolution during the following sessions:
How to Protect Your JD Edwards System from Cyberattacks (Super-Session)
Is JD Edwards Your Future?
5 Quick-Win Orchestrations Deployed by JD Edwards Customers
What's New Release 22: Big Tech Uplift
Release 22: What's New in Form Extensions and Personalizations
"We're excited to engage with decision-makers in-person to explore how GSI deploys strategies that just two years ago seemed futuristic," said Kevin Herrig, President and CEO of GSI, Inc. "Our team is ready to present and demonstrate how we're deploying tomorrow's solutions to solve real-world problems today."
GSI SMEs will join the sales team and executive leadership at Booth #529 in the main hall of the MGM Grand Hotel. Beyond an opportunity to discuss how JDE can benefit event-goer's systems and processes, the booth will feature a science-fiction virtual reality adventure designed just for this event.
About GSI, Inc.
GSI, Inc. (GetGSI.com) specializes in providing a broad spectrum of business, functional, and technical consulting and managed services for Oracle JD Edwards, Oracle NetSuite, Oracle Cloud, ServiceNow, BMC, and other enterprise applications. We also offer an extensive array of cloud/hosting solutions for Oracle Cloud, Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and JDE Cloud9. GSI combines its deep application and industry experience with advanced A.I. and automation to deliver cutting-edge intelligence. This advanced intelligence combined with our outstanding people allows GSI to deliver Service Excellence every single day.
GSI's comprehensive suite of solutions includes:
GSI consulting and managed services are backed by its signature 100 percent guarantee. Founded in 2004, the rapidly growing company is headquartered in Atlanta with locations nationwide. GSI, Inc. has been named to Inc. Magazine's Inc. 5000 list of fastest-growing companies for two consecutive years.
Media Contact
Wiliam Craig, GSI, Inc., 1 877-474-4262 Ext: 730, william.craig@getgsi.com
Twitter, LinkedIn, Facebook
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GSI Will Host 5 Educational Sessions at 2022 BLUEPRINT 4D 2022 Conference - Kilgore News Herald
New WhatsApp features and updates rolled out in 2022 to take note of – Lifestyle Asia India
In 2009, two ex-Yahoo! employees Brian Acton and Jan Koum launched WhatsApp as a one-to-one chat app service. Today, the app is much more than that, owing to its interface and the regular updates it undergoes. But before we get to the WhatsApp updates in 2022, lets have a look at some earlier ones.
Many changes in the app have been attributed to its acquisition by Meta (formerly known as Facebook) in 2014. Thus, with enhancing usability, WhatsApp has become one of the fastest mediums for keeping in touch with loved ones via chats and video and audio calls, as well as to engage audiences and accelerate sales through features like WhatsApp Business.
Other updates made to the app include WhatsApp Web, which launched in 2015, and end-to-end encryption, stickers, group calling and UPI payments introduced till 2018. Additionally, in August 2021, the company rolled out the View Once option, which made chats disappear after they were opened. With this, users could send photographs, without worrying about it taking space in your phone. It also enhanced user privacy.
With the introduction of voice messages in 2013, sharing voice notes became a quick and easy process, helping those who do not want to type a message. The simply designed feature helps users share more intimate and expressive conversations in the form of a voice note.
In a 30 March 2022 blog, WhatsApp reported that its users share 7 billion voice messages on average, which are protected and kept private using end-to-end-encryption.
Taking a cue from this, the messaging app launched new features in March 2022 to improve the WhatsApp voice message experience. These include:
Out of chat playback: It helps you hear a voice message outside the chat, while you read and respond to other messages or multitask on your smartphone.
Pause/resume recording: You can pause your voice message recording to, for example, collect your thoughts or do away with distractions and resume recording once ready.
Waveform visualisation: It shows a visual representation of the sound, on the voice message, to indicate the recording is on.
Draft preview: You can listen to your voice messages before sending them to your loved ones or clients.
Remember playback: In case you press pause while listening to a voice message in a chat, this feature lets you resume from where you left off.
Fast playback on Forwarded Messages: The feature allows you to increase the speed of regular and forwarded voice messages to 1.5x or 2x, to listen to them faster.
Organisations like local clubs, schools or businesses heavily depend on WhatsApp to work and share confidential information. Which is why, the messaging app introduced a one-stop solution called Communities in April 2022.
This feature helps to share information with a larger number of people by bringing different group chats under one roof, using a system that benefits them.
In this way, people can receive updates sent to the entire community, as well as set up smaller discussion groups who share common interests. For instance, a school principal can use the Community feature to bring all the parents together and share important updates in one space. They can also create groups for specific classes or extracurricular activities.
Additionally, Communities will empower group admins with new tools that include announcement messages that can be broadcast to everyone.
More features will be enabled before the entire Communities interface is launched later in 2022. While they have not specified the date, WhatsApp is focussing on developing Communities this year to support its daily users.
Post launch, they will be able to use Admin Delete, where WhatsApp group admins can delete problematic messages from everyones chats, and voice calls, a one-tap voice calling feature where up to 32 people can be on the call.
The messaging app updated its interface with emoji Reactions on 5 May.
The update includes six emoji reactions love, laugh, sad, surprise and thanks. These are similar to the ones available on Facebook and Instagram. Quick and fun to use, the reactions appear under messages when you tap on it and hold it down for a couple of seconds. The user can select the most suitable reaction for the options. The feature helps to reduce the number of messages as well. Additionally, Meta shared that it will be adding more expressions to this feature.
Through the update, users can share a file size of 2 GB on WhatsApp. The limit was earlier set at 100 MB. However, it is advised to use WiFi for the seamless transfer of larger files. Also, while downloading or uploading a file, a counter will be displayed, indicating the time the file will take to transfer. The feature is safeguarded with end-to-end encryption.
To further support businesses, schools and other close-knit groups, WhatsApp will allow group admins to add up to 512 people to a group.
WhatsApp is leaving no stone unturned to support businesses globally. The company announced that it is developing advanced features to help businesses operate and amplify their presence online. For instance, WhatsApp will make it easy to manage chats on up to 10 devices.
Additionally, to attract customers online, it will provide new customisable WhatsApp click-to-chat links. However, these features will be included as a premium, chargeable service that you can opt for, if you have a WhatsApp Business account.
As a complimentary service, the company is offering free, secure cloud-hosting services for all businesses, irrespective of their sizes. With the new API, not only has the start-up time to access WhatsApp reduced to minutes but businesses can also customise their experiences and quickly reach out to their customers. You can sign up directly or contact Metas business solution providers to get started.
WhatsApp is also looking to introduce more features and updates to simplify user experience. While the date of launch is yet to be confirmed, the features are likely to debut in 2022.
For iOS users, the app will enable them to see profile photos of individuals and groups in WhatsApp notifications. While this feature is in the testing stage, it will soon be released for others.
WhatsApp is planning to redo the design of its interface that tells who you are sharing media with. It will allow users to choose new recipients before sending media files. You will also be able to share an image, a video or a GIF on your status as well as chats.
Interestingly, Meta is planning to enhance its well-known feature called Last Seen from certain contacts in the app. Currently, either everyone or your contacts or nobody can see your last seen. Now, users will be able to select people who cannot view what time you were last using WhatsApp.
A feature that might also get introduced this year across multiple devices would allow users to log out of their WhatsApp accounts, similar to Facebook or Instagram.
(Featured and Hero Image Credit: WhatsApp)
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New WhatsApp features and updates rolled out in 2022 to take note of - Lifestyle Asia India
Facilities Management Market Size to Grow by USD 660.29 billion | Increasing Demand for Cloud-based Facility Management Solutions to Drive Growth |…
The report analyzes the facilities management market by the end-user (commercial, government, and residential) and geography (Europe, North America, APAC, South America, and MEA)
NEW YORK, May 30, 2022 /PRNewswire/ -- The facilities management marketwill be driven by factors such as the increasing demand for cloud-based facility management solutions. These solutions enable secure hosting of critical data along. It also offers other advantages such as improved security and scalability and quicker disaster recovery. Companies can recover critical server data from backups stored on a shared or private cloud host platform. They can also increase security and collaboration among their teams and subsidiaries present in multiple locations, thereby reducing the operating costs.
Technavio has announced its latest market research report titled Facilities Management Market by End-user and Geography - Forecast and Analysis 2021-2025
The facilities management market is expected to grow by USD 660.29 bn from2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 8.3%during the forecast period.
Request a Sample Reporttolearn about additional factors impacting the growth of the market
Facilities Management Market: Major Segmentation
By end-user, the commercial segment will have significant market share growth during the forecast period. The growth in the number of multinational conglomerates (MNCs) and small and medium businesses (SMBs) has increased the demand for commercial office spaces across the world, which is expected to drive the demand for facility management. The commercial segment is one of the major contributors to the global facilities management market. A major part of the demand arises from the business services, information technology (IT), industrial and manufacturing, real estate, and healthcare sectors.
Facilities Management Market: Major Trend
The adoption of green cleaning products is a trend in the facilities management market. Many vendors are offering green and sustainable cleaning agents owing to the increasing awareness about the benefits of green and eco-friendly products among commercial and industrial users. Green cleaning products are also safe to use, as they do not involve toxic chemicals or corrosive materials. They are derived from natural essential oils, such as basil, lavender, lemon, and other plant sources.
Story continues
Gain more insights into the global trends impacting the future of the facilities management market. Request a Sample Report Now!
Facilities Management Market: Vendor Analysis
The facilities management market is fragmented, and the vendors are deploying growth strategies such as price, service, and brand name recognition to compete in the market. Some of the key vendors operating in the market include Aramark Corp., International Business Machines Corp., Interserve Group Ltd., ISS AS, Johnson Controls International Plc, OCS Group Ltd., SAP SE, SIS Ltd., Serco Group Plc, and Sodexo Group, among others.
Reasons to Buy Facilities Management Market Report:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist facilities management market growth during the next five years
Estimation of the facilities management market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the facilities management market across Europe, North America, APAC, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of facilities management market vendors
This report can be personalized according to your business needs. Speak to our Analyst
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Facilities Management Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 8.3%
Market growth 2021-2025
USD 660.29 billion
Market structure
Fragmented
YoY growth (%)
4.07
Regional analysis
Europe, North America, APAC, South America, and MEA
Performing market contribution
APAC at 43%
Key consumer countries
US, China, India, Germany, and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Aramark Corp., International Business Machines Corp., Interserve Group Ltd., ISS AS, Johnson Controls International Plc, OCS Group Ltd., SAP SE, SIS Ltd., Serco Group Plc, and Sodexo Group
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: http://www.technavio.com/
Technavio (PRNewsfoto/Technavio)
Cision
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Re-platforming critical payments infrastructure to the cloud – Finextra
This is an excerpt from Finextras report, The Future of Payments 2022: The cutting edge of digital payments
From mainframes to cloud
Like many century old industries, financial institutions established their organisational structures around a physical space, the office. The infrastructure needed to handle their critical business functions followed suit, and with the first computers being the size of a room, it seemed natural for the computer to live in a physical workspace.
Fast forward to the 1990s, server-rooms became the technological pulse of business, with every trade, payment, deal and email relying on it. With advances in technology moving at a rapid rate, so too did the demand for banks to digitalise their offerings. The multitude of business software needed was becoming as large as the hardware to manage it with offices being homes to endless racks of servers that continuously called for updates and maintenance.
In response to advances in technology and growth of digital, software hosting became the new normal with datacentres popping up all over the place enabling banks to host their business applications. Several decades later and this still continues today for many financial institutions around the world.
However, the advent of cloud has seen a steady adoption of cloud-based services, that have now become mainstream across multiple industries. Now we are seeing the adoption of cloud for the very services at the core of banks, including payments. On the latest leg of this journey, cloud native technology has become the new standard for managing and deploying applications which are built for the cloud from the ground up.
In todays new, everything instant world, offices have turned virtual and organisational structures are built around web not physical addresses. No longer do banks need to keep hosting and maintaining their ageing software applications in the cloud but can remove the infrastructure burden completely by outsourcing the entire payment processing, clearing and settlement to a cloud-native, payments-as-a-service platform instead.
Why re-platform?
With the continued rise in both adoption and volume of instant payments the direction of travel in this space is clear: towards an always on 24/7 payments landscape. This increased need to be able to process payments in real-time as well as scale capacity to accommodate the significant growth in payment volumes puts a tremendous strain on traditional back office technologies.
Unfortunately with this increase in volumes of payments comes with it the inevitable increase in potential fraud. Whilst it is often touted a payment is a payment banks now need to ensure their own payments become smarter. The ability to implement new technologies like real-time fraud screening or overlay services like confirmation of payee is key to avoid the weaknesses found in traditional payment systems that can be exploited by fraudsters a trend we are seeing more and more in these times.
All financial institutions running on legacy technology are currently facing the same problem: they need to re-think legacy architectures that are increasingly costly, risky to maintain and slow to develop. Year on year, as customers expect ever more reliable, easy to use digital offerings from their banking services (with challenger banks setting out the realities of the art of the possible), legacy banks look to improve their services to rival that of the challengers.
They then face the problem that their legacy infrastructure, already outdated after a lengthy implementation, is based upon decades old technology that is hard to update. Increasing or decreasing physical capacity isnt possible so increases in demand lead to downtime for customers. When updates are planned for the scheduled downtime inevitably impacts customers. Finally, banks that are tasked to operate and update these systems in the face of regulatory changes and scheme updates are inevitably over-reliant on the expertise of the original implementation teams whose professional services fees reflect this harsh reality.
By moving to a cloud-first platform banks can now access the functionality and speed to market now required to adapt and survive. They need to be architected differently, from the core foundations up if they want to really benefit from new banking and payments services. This doesnt simply mean technologically; they need to be architected for constant change across the organisation, from the way they interact with their customers to the way they develop, test and deploy code.
Through embracing re-platforming to the cloud, banks will be able to:
Banking software of the past is predominantly based on mainframe services architecture. The software itself is a large program with one input point and one output point. If you need to add new capacity it is a case of linear scaling, you need to add more servers to run more instances of the software in order to have more capacity, or sometimes the only option is to scale vertically by upgrading the servers. Such tasks are traditionally manual and can take months to complete.
This means more material cost to deal with higher demand, potentially downtime and a physical process of increasing your capacity. Thus, the critical infrastructure and one of the core components of every banks output (the ability to send and receive money) is based on physical infrastructure that isnt able to adapt.
Removing barriers to change
With financial institutions being aware that their current payment processing capabilities are unlikely to be fit for purpose in the near future, they then have a whole new challenge to solve: not only transitioning the technology and creating a more sustainable operating model but transitioning the organisational mindset, its structure, its teams and in doing so, its business agility.
This is completely different to the traditional command and control governance, waterfall delivery, of so many large banks. Questions of risk and regulatory scrutiny are very important; with Banks being a critical part of nationwide infrastructure even a small risk of a service blackout is enough to bring transformation projects to a halt.
Culturally, there needs to be a shift from the old ways to a new way of working which requires a mindset change across the organisation. Moving critical payments infrastructure to a PaaS model will vastly improve the technology capability but also optimises processes and crucially changes organisational thinking. And that means spending time on the clarity of purpose, gaining buy-in and thorough design as well as organising collaborative teams to build a sufficient plan around testing and control mechanisms that enables a smooth transition with fewer bumps in the road.
Back-end platforms as enablers of front-end innovation
Huge advances in technology innovation are transforming the very core of financial services, challenging banks to reassess their front- and back-end platform architecture. It is not surprising that financial institutions around the world have started to examine payment platforms and the capabilities of the cloud as a key first step in moving away from the restrictions and barriers inherent in their existing legacy payment solutions.
One of the key reasons that platform technology can be so effective is its agility. A central element of this is the speed with which the systems can be improved. Paired with the power of the cloud these new agile back-end systems can provide banks the ability to upgrade and enhance on a monthly basis as opposed to previous yearly timeframes. This platform agility is the foundation on which the payment innovations of tomorrow will be built.
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Re-platforming critical payments infrastructure to the cloud - Finextra
ASU IT event aims to empower communities: Those we serve and those we belong to – ASU News Now
Starting local, thinking global
Throughout the full week of Empower, ASU IT community members volunteered with organizations that have missions to better the lives of Arizonans. Areas of support were food donations, technology access for seniors and more.
One such project included hosting workshops with senior residents. There, ASU IT professionals partnered with local seniors to create online grocery shopping accounts. Together, they set up an account and got to shopping using the $10 gift certificate provided to each resident. Seniors also got to ask tech questions about their devices.
It was powerful to see our teams use their skills in the local community, like working with senior residents to better navigate their devices for real-world tasks," said Breanna Smith, event coordinator for Empower. "In doing so, our impact reaches beyond UTO, beyond ASU and into the communities we live and serve."
In addition to local volunteer opportunities, ASUs IT community is advancing a series of initiatives that serve the broader Arizona community.
During Empower, ASU Chief Information Officer Lev Gonick took the stage to share examples of this work in action, starting with the Digital Equity Initiative. In partnership with Watts College of Public Service and Community Solutions'Maryvale One Square Mile Initiative, ASUs IT community is helping to bring high-speed, reliable internet access to local families in Phoenix through the use of millimeter wave technology.
Gonick also shared projects like the universitysuse of chatbotsto enhance students interactions when, for instance, seeking financial aid information. He announced theT4 Leadership Academy, which cultivates IT leaders who are globally engaged and locally attuned to the role of technology for social benefit and invested in designing the intergenerational workforce of the future.
Then a panel of six ASU, industry and local leaders took the stage to expand upon the theme of community, diving into their shared and unique experiences across the workforce.
Neal Lester, founding director of Project Humanities at ASU, challenged participants to disrupt the notion of the community and realize that there are many communities around the world in which we can feel included and part of. He explained that he came to that realization when he saw places where he was included, but felt excluded or invisible.
So, community is when I felt and knew that I was connected and being heard and being seen, said Lester.
With a greater and more diverse definition of community shared by the panelists, teams were primed to tackle eight IT areas to transform society. Spanning digital trust, communications, data architecture and learning technologies, the topics focused on:
Panelist and ASU Chief Research Information Officer Sean Dudley contextualized the development of helpful technology within these spheres at the university.
For those of us who are proficient in technology, we can lose sight of some of the basics, which can truly be transformative for people, Dudley said, adding that innovation must be human-centered and not just for the sake of technical improvements.
For example, as Debbie Esparza, chief executive officer of YMCA Metropolitan Phoenix, put it in regards to YWCAs Meals on Wheels program, there was an assumption seniors couldnt access technology. But that assumption was wrong, and new technology interfaces have been implemented as a result.
When it comes to creating a sense of community for ASUs IT professionals, its about creating an environment where all feel empowered.
We are intentional about the way that we designed the (ASU IT) community, the way we actionalize and operationalize the community, and find ways to sustain the community, Gonick said.
The Empower event turns this notion into action for the ASU IT community.
Teams spent the second half of the day connecting with colleagues and developing new ideas around the eight focus areas duringWorld Cafe-style discussions. The World Cafe Method pulls from integrated design principles that make discussion simple and effective for large group conversations.
It was an excellent opportunity to engage with so many amazing colleagues across our community, said Eddie Garcia, director of law information technology for the Sandra Day OConnor College of Law at ASU. I truly enjoyed this humanizing and thought-provoking event.
For the past five years, the University Technology Office has hosted the annual event to give Sun Devils time to foster a stronger sense of community amongst the universitys IT network. This fifth Empower emphasized that connection, as more than 500 Sun Devils joined together last week at the Student Pavilion on Tempe campus.
When asked what community means to them, ASUs IT professionals used words like belonging, equality, respect, happiness, connection and kindness. By exploring IT themes through the lens of human impact, teams were able to build connections and more closely collaborate to better serve the ASU community and beyond.
Special thanks to the leadership panels:
And to community partners:
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ASU IT event aims to empower communities: Those we serve and those we belong to - ASU News Now