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The Chinese Art of Working in Pajamas – capitalwatch.com – via – CapitalWatch
Author: Chiu-Ti Jansen
Do you have a fantasy of working in your PJs not only when you are sick? I do.
If you have loaded up shares of Zoom Video Communications (Nasdaq: ZM) while dancing to the tune of "I Will Survive" in your living room, congrats! Zoom, a marquee remote conferencing service provider trading on Nasdaq, has seen its shares more than doubled year-to-date.
U.S. Surgeon General Jerome Adams told "Good Morning America" on March 27 that some parts of the country could remain coronavirus combat zones come, "Easter, Memorial Day, or [even] Labor Day." This is bad news for America, but good news for Zoom Video.
Yet analysts are divided as to whether Zoom's PE ratio, by reference to its most recent earnings per share, at a whacking 1,794.38 as of March 27, can sustain itself post-COVID-19. Zoom trades at a multiple of 32 X projected revenues expected for the next fiscal year, while the average multiple for SaaS (software as a service) company trades at a multiple of 8.2 X revenues.
Still, whether remote work will become the norm in the future remains an open question. China was two months ahead of the U.S. in its first massive, socially coordinated work-from-home experiment, necessitated by the COVID-19 outbreak. As Chinese society returns to work, do those virtual office hot stocks remain darlings among investors?
300 Million Chinese in Virtual Offices
Ai Media Consulting's data show that in the first week following the Wuhan lockdown, more than 18 million companies and 300 million people connected through remote office software. Three out of five most downloaded apps in Apple Store pertained to cloud-based office applications.
Chinese stock analyst Shen Xinfeng thinks for the long run the Chinese population that needs access to remote work products should stay around 200-300 million, but not many more.
Zoom has become inaccessible in China starting last September, unless through a localized version offered by Zoom's Chinese partner Huawan Telecom. Most of my friends in China use the applications offered by tech giants Alibaba, Tencent and ByteDance.
There are also sector-focused players that benefited from the upticks of teleworking from home. It is worth-noting that the top Chinese remote office suites are already internationally forward-looking before the coronavirus outbreak.As the pandemic continues to circle the globe, we should expect these Chinese players to tap onto overseas demands and extend their reach globally.
Tencent's VooV
Tencent launched VooV, an international version of Tencent Meeting, in more than 100 countries and regions on March 20.Armed with a beauty filter that would give you a wide-eyed look with pointy chins and porcelain skin, VooV is essential to keeping up your faade (sans face masks) while being sequestered at home.
But critics have pointed out VooV's lack of many functions to facilitate real-time work collaboration. And unlike Zoom, VooV does not offer you a selection of virtual backgrounds, which I guess means you have to tidy up your handouts and change out of your pajamas before you go on air. Judging from Walmart's increased sale of office tops but not bottoms, the trick seems to be dressing for work above the torse while (hopefully) wearing the unseen pajama pants.
But VooV has an advantage over its competitors in that it's embedded in Tencent's ecosystem of apps, including ubiquitous messaging app WeChat that boasts over 1.15 billion monthly active users as of the end of Q3 2019. Users can access its service via existing WeChat accounts without additional registration requirement while enjoying a broad range of file-sharing functions.
Alibaba's DingTalk
During the COVID-19 outbreak, Alibaba's DingTalk (Dingding in Mandarin) consistently ranked No. 1 among all apps.The app has been downloaded more than 1 billion times.Used by more than 5 million companies globally, the app also enables online training and education.
Often compared with its Western counterpart Slack in offering group communications, voice and video calls and file-sharing, DingTalk also includes a contingent of monitoring features that privacy advocates find intrusive.
Reviewers of DingTalk prize its comprehensive features, user-friendliness, strong cloud storage function, feature enabling transferring money or "tipping" through a "red envelop", and a video airbrush filter.
ByteDance's Lark
ByteDance, the world's most-valued unicorn that also owns super app TikTok, launched its enterprise messaging and productivity app Lark in overseas market in April 2019.Lark's Chinese version, named Feishu (Flying Book), has risen in popularity in the wake of the nation-wide lockdown.
On February 24, Feishu announced that it would be open to all enterprises and organizations in the country free of charge, regardless of size and duration, and all users can use all-suite functions.
Available on macOS, Windows, iOS, and Android, Lark is an office collaboration suite with built-in functionality that includes text and voice communications, and creative capabilities such as documents, creating charts and mapping thought process. In addition, Lark can conduct audio and video conferences, with calendar and open platform features.
Critics have lauded Lark's strong cloud storage capability, built-in translation function, and voice-to-text conversion. Lark also uses Amazon Web Services (AWS) to provide infrastructure services. With a support team based in the Bay Area, Lark is expected to make aggressive moves in North America.
Other Niche Players
A Chinese online commentator proposed that Zoom, founded in the U.S. by Chinese immigrant Eric Yuan, should merge with BizConf Video, to "streamline the worlds of China and overseas cloud office video conferencing platforms."According to BizConf's own website, it was established in 2006 to provide companies with cloud-based video conferences, audio conferences, and webcasts. 70% of Fortune Global 500 companies with a presence in China use its cloud conference platform for their daily work and communications.
Shenzhen Stock Exchange-listed BizConf (ticker no. 300578) saw its stock price shot up 222% from January 1(25.79)to March 3 (82.98).The stock closed at48.55 on March 27, 41% from its one-year high, still turning in an impressive 88% YTD return.
Forperspective, the Shenzhen Stock Exchange Index closed at 10109.91 on March 27, reflecting a 3% YTD return.Despite the virus, the Index reached its one-year high at 11,772.38 on February 24.On a 12-month basis, the Index hit its lowest point at 8,584.94 on June 6, 2019, reflecting concerns over the U.S.-China trade disputes at the time.
Xiamen-based Yealink, a unified communication solution provider, provides enterprise communication terminal equipment for global companies through outsourced processing.Yealink'sstock(ticker no. 300628)price rose36% from January 1(72.41)to March2(112.48).But the stock closed at84.7 on March 27, 24% from its one-year high, yielding a 17% YTD return.
Comix Group's cloud video conferencing platform Fastmeeting, another leading video conferencing brand that leverages its technology beyond corporate meetings. In addition to video conferencing, it also provides online meetings, remote training, online education, telehealth, remote interview, and emergency guidance services.
Comix Group (ticker no. 002301) went up 36% from January 1 (12.16) to February 26 (18.89).But the stock closed at14.31 on March 27, 24% from its one-year high, resulting in an 18% YTD return.
Kingsoft's WPS: China's Answer to Microsoft
The work-from-home trend also benefits online office and cloud service providers. According to Master Cicada's data tracking the number of downloads, among the free iOS applications Kingsoft's Office WPS' ranking rose from 112th to the 10th during the period from January 22 to February 11. Measured by efficiency, its ranking rose from 4th to 1st.
Another study by Qimai shows that the iOS version of the WPS Office app was downloaded 193,900 times on February 12, 2020, a significant increase from 50,700 times on January 25, 2020.
Kingsoft has been in business for 32 years and it seems to finally see the end of the tunnel with the changing work environment. Kingsoft has been trying to use handset devices as its entry point to crack Microsoft's dominance.As of March 2019, the number of monthly active users of Kingsoft Office's main products exceeded 328 million, the total number of registered WPS users reached 280 million, accounting for 42.75% of the domestic office software market.
A strategic alliance with Alibaba's Taobao and TMall platforms, inked during 2016-18, has given Kingsoft a leg-up.Now with the sweeping adaptation of DingTalk after the outbreak, the bundled documentation service provided by Kingsoft WPS is enjoying its moment.
Kingsoft (ticker no. 688111) debuted on China'sSTAR (short for "science andtechnologyinnovation board") Market at theShanghaiStockExchange on November 18, 2019, at126.35 per share, which reached its all-time high on March 3 at270. The stock closed at245.8 on March 27, showing a 50% YTD return.
Top Tech Giants Still Dominate
While some nimble competitors have thrived with the overall market trend, tech giants still dominate the remote working space, presumably owing to their ability to leverage their wide user base from their other platforms. According to a recent study that ranks top nine Chinese remote work applications, DingTalk takes the top spot for user connectivity (based on the number of free users for any given setting), while VooV andEnterprise tie for second.
VooV ranks No. 1 in user-friendliness and ease of sharing documents. It also takes home the top spot in the all-around ranking.
However,Alibaba, Tencent, and Bytedance, with their existing international foothold, will be in a better position to capitalize on the epidemic-necessitated work-from-home trend.
Work-from-Home and 996
But the super apps that make working in pajamas easier also come with a cost. For instance, DingTalkis dubbed the "Big Brother of Workplace", offeringclock in/outfunction that simulates a digital "punch card machine".
DingTalk sends out reminders to users minutes before their work hour. By tracking WiFi connections, it keeps tabs on when employees arrive at the virtual office and when they take breaks. While this feature may be helpful in tracking overtime, it could certainly exacerbate any micro-managing corporate culture.
Many Chinese users complain that DingTalk serves employers' interest at the expense of their employees, by making it easy for the bosses to "control, micro-manage, monitor and exploit" their underlings. In fact, DingTalk was able to accelerate its wide adaptation in workplaces precisely because bosses can dictate which office software to use at work.
While DingTalkdoesn't allow managers to trackemployees' real-time locations automatically, the managers can do so if a user enables location services.I wonder whether some employees may opt to do so in an effort to show loyalty and earn points.
In ChineseDing, as a noun or a verb, literally means nail.So the duplicative compound Dingding sounds like hammering a nail. I guess you can imagine yourself in a carpenter's workshop sawing wood and nailing away.Except now you are 996, a bombastic term that shot to fame last year as it refers to the grueling work culture in China's high tech worldworking from 9 A.M to 9 P.M. and for 6 days.
Jack Ma, the founder of Alibaba, said it's an honor to work 996 before he corrected himself after a massive international outcry.Of course, bosses (a.k.a.slave-drivers) love 996, especially if they don't have to pay overtime. If remote work is here to stay, with more surveillance functions empowered by these super apps, we may be compelled to work 996 or even more, albeit in our fancy pajamas.
But for now the fans of DingTalk and VooV are just happy to keep their jobs.
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Google Says Its Network Not Stressed By Coronavirus Crisis – CRN: Technology news for channel partners and solution providers
Googles top engineer says the network that supports its enterprise cloud, as well as its many massive consumer services, is in good shape to handle the sustained surge in traffic brought on by the coronavirus crisis.
In a blog posted Thursday, the same day Google saw a cloud outage, Google senior vice president of engineering Urs Hlzle said the internet giant has implemented plans to stay well-ahead of rising demand from people confined to their homes and virtualizing their professional and social lives.
As the coronavirus pandemic spreads and more people move to working or learning from home, its natural to wonder whether the Google network can handle the load, Hlzle said. The short answer is yes.
[Related: Google Urges North American Staff To Work From Home To Reduce Coronavirus Risk]
That blog post coincided with an outage affecting Google customers across the Eastern Seaboard. Hlzle, in a separate tweet that day, said the incident was not related to increased usage because of the crisis, but instead caused by a router failure in Atlanta.
Just to make sure: this wasn't related to traffic levels or any kind of overload, our network is not stressed by Covid-19, he tweeted on Thursday.
The network supporting Google Cloud, as well as YouTube, Search, Maps and Gmail, was designed to meet large surges in demand, he explained.
The same systems we built to handle peaks like the Cyber Monday online shopping surge, or to stream the World Cup finals, support increased traffic as people turn to Google to find news, connect with others, and get work done during this pandemic, Hlzle said.
While were seeing more usage for products like Hangouts Meet, and different usage patterns in products like YouTube, peak traffic levels are well within our ability to handle the load, he added.
Google operates a network that connects all its data centers with high capacity fiberoptic cables that stretch the world across land and sea, Hlzle said.
That dedicated network handles all cloud traffic until it is handed off for the last mile to more than 3,000 local ISPs, limiting the burden on those regional operators with networks that have different levels of reserve capacity.
Google is working with governments and network operators internationally to minimize stress on the system, he said. An example is the recent decision to default videos on YouTube to standard definitiona lower resolution that reduces traffic.
Google recognizes the importance of its services in the crisis, its top engineer said, and will continue to add capacity to stay ahead of demand.
Our dedicated global network deployment and operations team is increasing capacity wherever needed, and, in the event of a disruption, recovers service as quickly as possible, he said.
Also on Thursday, Googles Vice President for Customer Experience, John Jester, sent a letter to customers explaining Googles continuity planning and reassuring them of the clouds resilience.
Google has long conducted disaster recovery testing, he said, to evaluate the resilience of its infrastructure and processes. Those drills have enabled Google to flag potential problems before they occur and recover from disruptions as quickly as possible.
Googles site reliability engineers are in constant communication with our leadership team and actively monitoring global and local conditions, Jester said.
Because Google runs its Google Cloud Platform and G Suite services on proprietary compute and storage hardware, it can forecast capacity months in advance, and always be sure it will meet future demand.
Were monitoring capacity closely and do not foresee shortfalls at this time, Jester assured enterprise customers.
Google also maintains considerable reserve capacity in its own network and at hundreds of points of presence and thousands of edge location, he said.
The performance of our infrastructure remains as high as it was before the pandemicthe result of years of preparation, Jester said.
The Stimulus Package Comes With $350 Billion in Loans for Small Businesses. Here’s When They’re Available – Inc.
With President Donald Trump having signed an unprecedented $2 trillion economic stimulus package aimed at supporting U.S. businesses and individuals, you're probably wondering what it all means for you as a small-business owner.
Businesses with fewer than 500 employeesmayqualify for loans thatmake up$350 billionof the overallrelief package. Additionally, businesses with more than 500 employees--usually considered the upper threshold for the small-business distinction--are eligible for the loans if they operate in the food or accommodations industries or are nonprofits or veterans' organizations. Neil Bradley, executive vice president and chief policy officer at the U.S. Chamber of Commerce, shared the detailsof what's being called the Paycheck Protection Programwith Inc. editor-at-large Kimberly Weisul at the National Small Business Town Hall, a live webinarhosted Fridayby Inc. and the Chamber.
Bradley said he believed business owners can expect the loans to be available within two weeks. Asked if he thought one week was possible, he replied: "I would bet that if we were doing this call next week, we would be talking to folks who have already applied for the loans and were in the process of receiving it."
The maximum value of a company's loan is based on that company'saverage monthly payroll cost in 2019--including wages for employees making under $100,000, as well as expenses for paid sick leave, health care, and other benefits--multiplied by 2.5. That equals 10 weeks of payroll expenses. The maximum loan sizeavailableis $10 million.
Bradley pointed out that the program has some important distinctions when compared with traditional government loans. Businesses won't need to try to get a loan elsewhere first and won't need to provide a personal guarantee or collateral. Bradley advised that small businesses begin calculating their average monthly payroll costs from 2019 now so they can expedite processes once they go to their lender.
Importantly, the small-business loans can be converted into forgivable grants so long as the company doesn't lay off employees. Payroll costs for laid-off employees won't be forgiven. For each employee who makes less than $100,000, companies can reduce their wages by up to 25 percent before the amount of loan forgiveness begins to decrease.
Panelist Marilyn Landis, CEO of CFO services company Basic Business Concepts, added that companies should visitSBA.govto ensure that they're eligible for particular loans before they go through the process of applying. She also pointed out that the package contains aid for expenses beyond payroll depending on a business's industry. "Identify what you need, then find a program that appears to address that need," she said. "Then investigate whether there are unique things about that program that apply to you or your industry."
Published on: Mar 27, 2020
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The Stimulus Package Comes With $350 Billion in Loans for Small Businesses. Here's When They're Available - Inc.
McDonald’s Made a Menu Change Nobody Could Have Predicted a Year Ago. Every Smart Business Leader Should Pay Attention – Inc.
There's more to it, of course, because if you break down the big change that McDonald's announced this week, there's a smart, 7-point checklist for just about any business trying to weather the current storm.
Here's what McDonald's is doing,and whyany business leader who wants to emerge on the other side of the coronavirus crisis with his or her business intact and growing should pay attention.
Maybe You'd Like a Little Big Mac Instead?
Quick context: It was nearly five years ago that McDonald's started serving breakfast all day, which was something its most loyalcustomers had wanted for a while.
McDonald's got some good press for that decision, but there were complications.
Rather than increasing the total number of people eating at McDonald's,The Wall Street Journal reported, some regular breakfast customers simply started coming in later.
Result: not only less morning traffic at McDonald's, but some afternoon customers were now buying cheaper breakfast items.
Regardless, that's all over. In a national webcast this week to McDonald's restaurant operators, McDonald's announced it will phase out breakfast-all-day, at least temporarily, according to Crain's Chicago Business.For any business facing trying times, here's what to take away from thatthat decision:
1. Simplify your production
This is the most obvious rationale behind the decision: as Crain's put it, a chance to "streamline kitchen operations during the outbreak." Doing away with all-day breakfast means increased efficiency at the drive-thru, too, with many states banning sit-down meals during the pandemic.
If you're thinking of ways to streamline your business, are there product offerings that take up more than their share of resources? Those might be the ones to target first.
2. Streamline distribution
Fewer choices should mean a faster customer experience, provided McDonald's is confident that it won't destroy its own sales in the process.
This should be a part of your thought process as well. Can you eliminate some customer decisions without further hurting sales as a result of the pandemic?
3. Maximize margins
As noted above, breakfast items are generally lower-priced than lunch and dinner options, and in many cases bring lower margins with them.
McDonald's could have decided to cut back on some lunch and dinner options. There's a reason why they chose breakfast instead.
4. Reinforce customer habits
This is a forward-thinking consideration. Someday, our current troubles will pass. By streamlining things, keeping as many restaurants open as possible, and retaining as many menu offerings available it can, McDonald's continues to enable its best customers' habits.
This is key for many businesses: The more you can keep serving your clients and customers, even if you have to reduce some of your offerings, the less opportunity you give competitors to intrude on their habits.
5. Get ahead of the competitive landscape adjustment
We're in a time when we'll see a lot of good from other people, and businesses might even reach out to help each other in selfless ways. Butthe brutal truth is that some companies won't survive the current economic troubles.
Scaling back your goods and service offerings, and especially conserving resources when demand might be lighter, can position youto take advantage of the new landscape on the other side of the crisis.
6. Take the opportunity to readjust things that aren't working
Nobody ever says this outright, but I've wondered whether breakfast-all-day was a customer perk McDonald's wished it could take back. It was great marketing, but the analyses I've seen make me wonder if it made good sense in the long run.
If so, the coronavirus outbreak gives McDonald's the opportunity, if not the excuse, to pull back. Ask yourself: Are there things your company does for customers that you really wish you didn't have to? This might be an opportunity to reflect on them and even curtail them.
7. Control the timing
Finally, it's worth pointing out that while McDonald's announced this change to its operators, and at least one of them leaked the decision to Crain's, there's no suggestion I've seen that McDonald's planned to announce this change publicly.
For one thing, McDonald's restaurants will phase out all-day breakfast at different times, depending on what distribution centers they use.
Making decisions like this in your business can do something else important, too.
Right now, it seems like we're all reacting to the outside world. This might give you a chanceto make decisions that control your environment, instead of it controlling you.
Published on: Mar 28, 2020
The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.
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McDonald's Made a Menu Change Nobody Could Have Predicted a Year Ago. Every Smart Business Leader Should Pay Attention - Inc.
Life after NKS. NetApp to work with ‘all flavours of Kubernetes’ – Blocks and Files
NetApp is developing its hyperconverged platform to deliver an automated Kubernetes facility. The storage giant has told us to expect a significant announcement in the Spring.
Longer term, NetApp will develop cloud-like products for file storage on-premises, based on NetApp HCI.
The company last week announced its decision to close NetApp Kubernetes Service (NKS), with effect from April 20. This week a spokesperson told Blocks & Files that it will subsume NKS technology into new offerings.
NKS enables customers to orchestrate a set of containers, but was focused too high up the Kubernetes stack, according to NetApp, which will swim downstream to provide lower-level support for many Kubernetes distributions. These may include Red Hat CoreOS, Canonical, Docker, Heptio, Kontena Pharos, Pivotal Container Service, Rancher, Red Hat OpenShift, SUSE Container as a Service and Telekube.
Blocks & Files asked NetApp for more details about the demise of NKS and Cloud Volumes services (CDS) on its hyperconverged platform. Here are the companys replies.
Blocks & Files: Does this mean the NetApp HCI product goes away?
NetApp: Absolutely not. NetApp has every intention to stay in the HCI space as it is a fast-growing market segment. NetApp HCI offers a unique value proposition for customers looking for cloud-like simplicity in an integrated appliance. With the added differentiation of NetApps data fabric strategy and integration, we believe we have a very competitive product.
In the future, we will be investing in NetApp HCI to become a simplified and automated infrastructure solution for on-premises Kubernetes environments. We will share more about our strategy in the Kubernetes market in the Spring.
Blocks & Files: What does a distribution-agnostic approach to Kubernetes mean?
NetApp: Distribution agnostic means we will work with all flavors of Kubernetes, currently there are more than 30 different distributions. Our storage needs to work with as many as customers demand.
Blocks & Files: How is the NKS offering not distribution-agnostic?
NetApp: NKS has been very much upstream-Kubernetes based and spins up an upstream-Kubernetes cluster. At the same time, customers may want to pick a different distribution of Kubernetes curated by a vendor. Being distribution-agnostic just means allowing more than upstream like an OpenShift.
Blocks & Files; Why is the NKS offering not being evolved into a distribution-agnostic one?
NetApp:The change in direction is an evolution to our approach to help customers simplify the Kubernetes environments. NKS is being consumed into new NetApp projects specific to Kubernetes, we have more than quadrupled the investment in our Kubernetes plans stay tuned for more on this soon.
Blocks & Files: Is the StackPointCloud technology being discarded?
NetApp: Absolutely not. The StackPoint technology and team are a central part of our investment in Kubernetes development and tools that will continue working on a focused set of solutions at NetApp to bring innovation and new capabilities to the Kubernetes ecosystem. Again, stay tuned.
Blocks & Files: Are the Cloud Volumes services on HCI, on-premises, AWS, Azure and GCP now all finished?
NetApp: Absolutely not, we have so much demand for CVS and Azure NetApp Files we have to allocate more of our resources and more of our infrastructure to Azure, Google and AWS. We have changed course for Cloud Volumes Service on premises and HCI to meet the demand on the three public clouds and focus our on-prem services with new investment areas.
For Cloud Volumes on HCI, in the near-term the service will be replaced by ONTAP Select included in the cost of the NetApp HCI appliance. Long-term,NetApp will use the feedback from theCloud Volumes on NetApp HCI preview and develop new, innovative cloud-like products for file storage on-premises on the NetApp HCI platform.
Blocks & Files: Are we looking in the future to a single replacement software product for NKS and the Cloud Volumes Service that covers the on-premises, AWS, Azure and GCP worlds with hardware supplier-agnostic on-premises converged and hyperconverged hardware?
NetApp: As we shared with our customers, NetApps goal in Kubernetes market will be tomake applications and associated data highly available, portable, and manageable across both on-premises and clouds through a software-defined set of data services. Please stay tuned for announcements this Spring.
Blocks & Files: Does that hyperconverged hardware include standard HCI offerings such as VxRail, Nutanix and HPE SimpliVity?
NetApp: NetApps goal is to continue investing in our converged andhyperconvergedsolutions, including NetApp HCI. Our investment is focused on continuing to offer a unique NetApp HCI solution with a focus on simplifying Kubernetes solutions while continuing to support our partners like VMware, Google, (Red Hat), and others through offering support for their software running on NetApp HCI. However, we do not have plans at this time to offer VxRail, Nutanix, or HPE HCI products.
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Life after NKS. NetApp to work with 'all flavours of Kubernetes' - Blocks and Files
Axway to Provide Syncplicity for Remote Work at no Cost to Help Businesses With the Transition to a Remote Workforce – Yahoo Finance
Companies with surge in remote workforce now have free, secure resource for online storage and collaboration
PHOENIX, March 26, 2020 /PRNewswire/ -- Axway (Euronext: AXW.PA), a leader in enterprise integration technology, today announced that the company is commencing a temporary initiative to provide Syncplicity for Remote Work file sharing and content collaboration at no cost. Syncplicity by Axway can be deployed quickly to provide immediate support and relief for users who are new to working remotely. The step is designed to help employees transition to a remote work setting by providing easy access to corporate files and data, while ensuring data security, governance and auditability.
"We have a strong solution that can help teams work remotely and collaborate securely," said Axway CEO, Patrick Donovan. "As a service to enterprises who need to help large portions of their workforce transition to working remotely, we decided to offer Syncplicity for free so they can adapt to the current circumstances."
Specifically, this initiative will provide access to the Enterprise Edition (EE) of Syncplicity, including cloud storage. Furthermore, Axway will host remote work training sessions and provide other resources to help companies ramp up administration, security and user access and collaboration.
"We understand the needs and challenges companies face as they transition to a remote workforce in record time. We also understand the importance of doing so, securely. Axway has been providing secure file transfer and data sharing solutions to thousands of companies around the world for over 20 years," said Donovan. "Syncplicity is one of the many integration solutions we provide and we hope this action gives companies and remote workers peace of mind in this time of uncertainty."
Syncplicity provides companies the ability to provision employee accounts and to include storage for their users. With this initiative, global teams can access and share folder and files remotely, and collaborate efficiently while their IT departments retain overall control. At the end of the free period, customers willhave the option to continue the service or migrate their data off of Syncplicity.
Click this link for more information about Syncplicity for Remote Work at no cost.
About Axway
Axway gives heritage IT infrastructure new life, helping more than 11,000 customers use what they already have to invent their digital journeys, add new business capabilities, and drive growth. With the future-proof AMPLIFY platform which combines APIs, B2B integration, content services, and digital ecosystems we guide innovation and enhance the customer experience faster and more securely than ever. In business for more than 20 years, Axway employs over 1,800 people in 18 countries. axway.com.
Media Contact:
Joshua Molinajmolina@axway.com
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Autodesk Announces AutoCAD 2021Includes Free Extended Access to Cloud Tools – Architosh
New AutoCAD 2021 boasts excellent new features that will streamline the work of AutoCAD users on desktop, web, and mobile, integrating with Google Drive and AutoCAD Web App, plus lots more.
The new Autodesk AutoCAD 2021 boasts many excellent new features while retaining its relationship with online versions and other collaborative tools on the cloud and on mobile. AutoCAD Web and AutoCAD Mobile are included with a subscription to AutoCAD 2021, but due to the present pandemic situation, Autodesk has extended the temporary free access for several flagship cloud collaboration products through 31 May 2020.
Also, the company has announced that AutoCAD 2021 for Mac is coming soon and will also boast the new Xref Compare and floating command-line features.
The new version of AutoCAD features a new Drawings History feature that, along with Xref Compare, help you understand changes made to AutoCAD documents over time. Drawing History provides insights on the evolution of your drawings by allowing you to see a list of changes over time and gain insights by comparing previous versions of the file.
The new Drawing History feature will help deliver insight to customers on the evolution of documents.
Such a feature is quite useful for many purposes. Particularly with projects with intense iteration developmentiterations within iterationsone can use this feature to go back to iterative designs and decisions without having to record those items in Save-As versions of the file.
MORE: INSIDER: Marcus OBrien of AutodeskA Conversation About AutoCAD for Mac and Other Platforms
Xref Compare adds tod the already popular DWG Compare feature by allowing you to compare what has changed in an updated Xref. Red color is used to show what is not in the current (newer) Xref doc while Green color highlights what is in the new Xref doc. Red represents the past, Green the current and grey is what is the same.
Perhaps the best new features is the new Xref Compare which enables users to see visually what has changed between an outdated and updated Xref document.
Blocks get enhancement via the new ability to sync recent blocks in a drawing to a cloud storage location and then access them from desktop or web. (You can read more about Block enhancements here).
AutoCAD is already considered one of the fastest 2D CAD platforms in the world, but Autodesk continues to speed things up. Pan, zoom, orbit and similar screen navigation tasks are now powered via multi-core processor support. Regeneration of the screen happens automatically with multicore processor support and this extends to viewing 3D models as well.
AutoCAD 2021 adds the integration of Google Drive and AutoCAD web app. When users are browsing AutoCAD files in Google Drive they can now open those drawings directly in the AutoCAD web app, in addition to opening them in AutoCAD Mobile. And users can now connect and link up their Google Drive from within AutoCAD Web.
Businesses continue moving to collaborate in the cloud using Google Drive at a rapid rate, and as a result, were seeing the adoption of tools like the AutoCAD web app by many of our customers, says Alexander Vogenthaler, Director, Product Management at Google Drive. We are excited to launch a new integration with Autodesk, enabling our joint customers to open and save DWG files stored in Drive in the AutoCAD web app and helping our customers access the power of AutoCAD from desktop, web, or mobile.
Our subscribers will really appreciate what our development teams have been working on to modernize AutoCAD based on their feedback, says Marcus OBrien, Director of AutoCAD product management. This new release delivers enhancements and features that will make a difference in efficiency and productivity right away.
To learn more about AutoCAD 2021, visit here.
Architosh Analysis and Commentary
In many ways, Xref Compare is more valuable than DWG Compare. Architects, in particular, are constantly using Xref documents from engineers, like structural engineers, and to be able to visually understand what has changed speeds comprehension and makes it more certain that all the areas in the architects work get addressed with updated engineering data coming through the Xref.
The new multicore processor support for screen navigation is also a welcome addition, as rival CAD platforms have recently added such features in the past few versions or years. The multicore support doesnt just extend to 2D however, as it may in rival programs, complex 3D models are also more responsive due to multicore optimizations.
We hope to speak with Autodesk executives soon about AutoCAD 2021 once the new Mac version is released and we will dive into all versions, including cloud and mobile.
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Autodesk Announces AutoCAD 2021Includes Free Extended Access to Cloud Tools - Architosh
Operationalizing NSA Guidance (or any Guidance, For That Matter!) – Infosecurity Magazine
In January, the NSA issued guidance titled: Mitigating Cloud Vulnerabilities. With security organizations already overburdened with too many threat intelligences feeds, alerts, mandates and fire drills, its understandable that this information might go unnoticed, or be tossed onto the well get to it sooner or later pile.
However when an organization like the NSA speaks, it is generally a good idea to listen. Which raises the question: how does one operationalize guidance from the NSA and other elite security organizations? The short answer is the same as it is for all cybersecurity undertakings: prioritization and outcomes. Lets examine this approach, using the recent NSA guidance as our use case.
Vulnerability Components
The NSA broke down its guidance into four key vulnerabilities: misconfigurations, poor access control, shared tenancy vulnerabilities and supply chain vulnerabilities. It also provided this handy chart to articulate the prevalence and sophistication of exploit for each.
This chart provides clear prioritization for security professionals. In a time where resources (particularly skills on staff) are strained, it is critical to attack problems that represent the highest risk. Here is a look at each.MisconfigurationsIf weve learned nothing else about threat actors over the years, its that they want a good return on investment. This means theyll take the easiest route to stealing data, every time. It is for this reason that misconfigurations represent such a risk to enterprises there is nothing easier than stealing data left exposed by bad configuration management.
Cloud configuration management poses a particularly vexing problem because with the advent of DevOps, the cloud environment is constantly changing. This makes cloud monitoring a major challenge and, within that discipline, configuration and policy management need to transition to a continuous state. Here are the key elements of a modern cloud monitoring program:
Creating a continuous cloud monitoring program is the most important thing enterprises can do to operationalize the NSA guidance. Now lets look at the next most important thing.
Cloud Access ControlExploiting poor access control in cloud systems takes a higher degree of sophistication than simply looking for exposed data, so it is not yet a major contributor to cloud data breaches. However, the problem is widespread and stands to become such a contributor, if organizations do not improve their identity and access control processes.
The good news is the first step to ensuring strong access control in the cloud is also the first step to achieving continuous cloud monitoring visibility. Because cloud services and systems can be spun up by virtually anyone in an organization, it is critical to have the visibility required to understand when this is happening, so security pros can ensure proper access control.
The recurring theme in the NSA guidance is multifactor authentication. Enterprises can dramatically improve the integrity of cloud access control if they implement multifactor authentication across all cloud resources. Ideally, this will be part of a broader enterprise identity and access management (IAM) program that brings all enterprise resources on premises, in the cloud, and hybrid under appropriate identity governance.
Shared Tenancy and Supply ChainIm lumping these together because, for the most part, they are primarily the responsibility of cloud service providers, not the enterprise, and exploitation requires a high degree of sophistication. Therefore, as we sit here today, they are not a likely source of risk. The compromised hypervisor has been a nightmare scenario since the dawn of server virtualization, but according to the NSA, there have been no reported isolation compromises on major cloud platforms (although researchers have demonstrated the possibility of container of hypervisor compromises).
As for supply chain issues, that is the domain of cloud service providers (see chart below). They must do proper due diligence and continuous monitoring to ensure that none of their software or hardware components are vulnerable.
If nothing else, remember the two words that should define cybersecurity strategy and operationalization: prioritization and outcomes. If all security organizations prioritized activities based on the reduction of business risk (the desired outcome), the cyberworld would be a much safer, simpler place.
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Operationalizing NSA Guidance (or any Guidance, For That Matter!) - Infosecurity Magazine
UPDATED (March 25) Free Tools, Resources, and Financial Help for Business Owners Hit by Covid-19 – Inc.
A growing number of companies are offering their online tools, classes, and resources at no costin response to the impact on small-business owners from the coronavirus. Below is a list that Inc. is curating andcontinuously updating.
Ad credits and grants
Telecom giant Verizon isdonating $2.5 million to nonprofit Local Initiatives Support Corporation for its Small Business COVID-19 Recovery Fund, which will use the funds to provide grants of up to $10,000 to struggling businesses.
GoFundMe, the social fundraising platform, has launched the Small Business Relief Initiative, partnering with Yelp to provide small-business owners withgrants and resources. GoFundMe and Yelp have each donated $500,000 to theSmall Business Relief Fund, and it is open foranyone to make a donation.There will also be $500 matching grants to qualifying businesses that raise at least $500 on GoFundMe.
Legal and employment issues
Marketing
Business Warrior, the software platform for small businesses, is offering 12 months free access to its software and support, including personalized recommendations to drive new customers and improve profitability during this uncertain time.
Gift certificates, gift boxes, and more ways to support small businesses
Verizon has launched 'Pay it Forward Live,' a weekly charitable entertainment series, beginning at 8 p.m. ET on March 26, to supportsmall businesses affected by Covid-19. Dave Matthews will be the first among other artists to perform concerts from their homes that will stream live on Verizon's Twitter accountand on Yahoo Entertainment and encourage viewers to support their favorite local businesses.
Keep Your City Smiling, born out of the Covid-19 crisis, sells gift boxes of products to benefitstrugglinglocal businesses. It is currently focused on Seattle small businesses, but it's expected to expand to Los Angeles, San Francisco, and Portland--and more cities to come.
Social media services
Search engine optimization
Moz, the SEO software company, is offering free access to more than a dozen of itsMoz Academy SEO coursesthrough May 31, covering everything from keyword research to backlink basics and more.
Presentations design
E-commerce
Cloud storage
WFH skills and tools
Igloo Software, a digital workplace solutions provider, is offering its Business Continuity Bundle for free through July 6, which includes digital workplace tools to keep employees productive and supported through the crisis.
Team videoconferencing
Cybersecurity
Wellness
Fitness startup ClassPass has launched livestream classes for studios, with all proceeds going back to studios through June 1.The fitness startup is encouraging members to donate to their favorite studios, andit plans to match those donations upto $1 million. ClassPass also offers free access to 2,000 on-demand workouts.
Published on: Mar 26, 2020
Security is the future of AIoT – TechRadar
The proliferation of smart phones and mobile devices has benefited our society an immeasurable amount, their existence enriches and simplifies our lives. The convenience that comes with using smart devices, and the Internet of Things (IoT) and Artificial Intelligence of Things (AIoT) is so ingrained in our society that we now take it for granted.
We have invested our trust in these devices, we store our schedules, contacts and photographs on our phones, allow smart devices to control the lights and heating in our homes, smart cameras watch over our property and valuables, smart speakers know what song we want next. We trust these devices with the most valuable commodity our data.
Albert Liu is the founder of Kneron.
With the convenience and peace of mind that smart devices bring us it is not surprising that over 22 billion IoT devices are being used in the world. Gartner estimates that by 2025 there will be 41.6 billion IoT devices. A recent study by Deloitte found that, in the US, households have an average of 11 connected devices, including seven smart screens to view content. The number of smart devices in US households is expected to increase once 5G becomes widely available, and 62% of consumers say they will replace their internet with mobile broadband.
Fully connected smart homes will soon be as ubiquitous as smartphones are today, but there is still a major obstacle to the adoption of a fully connected society: concerns over privacy and security.
With the number of IoT and AIoT devices expected to increase by such a huge percentage, we need to answer the question of security. As much as our lives have been improved by smart devices and the IoT and AIoT, there have been countless reports in the media of smart devices in homes that have been breached. When a device has been breached it can act as an open door into the users life, allowing the perpetrators to gain access to anything from the mundane, such as your smart bulbs, to those devices you need to have bulletproof security: cameras, speakers, and even locks.
The Artificial Intelligence (AI) in smart devices is what allows the device to learn our schedule, recognize our faces, suggest films and much more. Most devices utilize a cloud connection only to run AI applications and access the databases they require to function, as the cloud provides an easy way to access necessary storage and processing power.
Cloud services, for many years, was the go-to option for consumers and businesses, as the ease of access that the cloud offered was unrivaled. The recent, and frequent, security and privacy breaches have left many questioning if utilizing cloud storage on its own is still the only solution, and if privacy breaches are just the cost of using these devices.
There are several issues with using devices that rely solely on a cloud connection to work.
Security concerns remain the number one asterisk for cloud computing. There have been many publicized cloud breaches. From personal information, employees login credentials, to losses of intellectual property, once data is stored off the device there is a security risk.
In cloud computing, the question of ownership of data is one that many companies and consumers have struggled with. Data and encryption keys reside within your third-party provider, so if the unexpected happens and there is downtime, you may be unable to access that data. If this happens it could mean that the facial recognition camera that allows you access to your home wont automatically open the door.
Distributed Denial-of-Service (DDoS) attacks are already prolific and highly disruptive. Some of the services that have become so ingrained in our lives are at the mercy of bad actors at any time. With 41.6 billion IoT devices expected to be online in 2025, the resources for DDoS attacks will effectively double.
The current amount of data that needs to be transferred to the cloud for processing is huge and will only continue to grow as our reliance on cloud services grows. This will exponentially increase our bandwidth needs and the associated costs to store and compute everything in the cloud. In the end, the high costs will be passed down to consumers.
On-device edge AI processing is a way of augmenting the use of cloud. Its addition allows data to be processed and inferred locally on the device and it does not need to leave the device for the applications to work. As a result, massive amounts of data dont need to constantly be sent to and stored on servers run by big tech companies or governments.
Instead, most data will have been computed on the device, allowing for most data to be deleted, while only significant data that requires confirmation of action will be saved and sent to the cloud to be processed for further action. It is the most secure and private way of operating business applications and it significantly cuts down on costs associated with higher bandwidth needs and cloud storage.
In the past chips quickly became outdated, but on-device technology is at a point that the chips being used are reconfigurable, meaning they can adapt to upgrades and developments in AI technology and adjust to the AI models of the future. Essentially, by breaking AI models down into basic building blocks, they can be easily reconfigured to take advantage of next-gen software enhancements. So if AI technology sees a major update, the chips can be updated in the same device, rather than a whole replacement needed.
If on-device processing is adopted across the board, it has the power to create the most secure and private environment/network available to connect every AI/smart device and service in a users life. Rather than devices reporting back to the cloud, devices will instead talk to each other in a private network. This will enable seamless, secure, and private use of all AI that will enhance peoples lives.
To completely abandon the cloud and rely solely on on-device processing would be to make the same mistakes as developers did in the past. Its not a choice between cloud and on-device, instead, we should aim to have cloud and on-device work in tandem and complement each other.
The security and privacy of on-device combined with the vast storage and processing power of the cloud will shape the next generation of smart devices and IoT. This hybrid solution will allow AI to reach its full and true potential. The promise of a fully connected society, powered by advanced on-device chips and supported by robust clouds, is closer than ever before. With the right technical implementations, we can enrich our lives and take another step forward into the future.
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Security is the future of AIoT - TechRadar