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Broadcom in Talks to Acquire VMware, the Cloud Computing Company – The New York Times

Broadcom, the semiconductor giant, is in talks to acquire VMware, according to a person familiar with the matter.

A deal is not yet final, said the person on Sunday night, who was not authorized to publicly discuss it. Bloomberg first reported the talks.

Broadcom has long been highly acquisitive and its chief executive, Hock E. Tan, is known for making deals. A potential takeover of VMware would give Broadcom a bigger presence in cloud computing, where VMware partners with Amazon Web Services, the market leader.

Broadcom, which was based in Singapore but has moved its headquarters to San Jose, Calif., initially bought mostly other chip companies. But since its $117 billion deal to buy the U.S. chip maker Qualcomm was blocked in March 2018 by President Donald J. Trump on national security concerns, Broadcom has diversified its targets. It bought the software company CA Technologies for $18.9 billion later that year and a security division of Symantec for $10.7 billion in 2019.

VMware, which was spun off from Dell Technologies last November, is known for making virtualization software, which allows one computer to act like many machines and essentially makes computing more efficient. It has also diversified and makes a range of software for data centers.

VMwares stock rose 20 percent in premarket trading on Monday, valuing the company at about $48 billion.Shares in Broadcom, which is worth more than $200 billion, fell 4 percent.

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Cloud computing concentration and systemic risk – Security Boulevard

I came across an interesting blog post over at Finextra which got me thinking about a topic that has been in the back of my mind for a while now the systemic risks of cloud computing concentration. It seems like everyone has made or is making the move from maintaining big, expensive data centers to letting Amazon, Microsoft, or Google worry about the buildings, infrastructure and hardware. I cant say I blame them, especially since getting new servers and other hardware has become a much more difficult and time consuming process now that all of our supply chains seem to have been broken.

But there is a downside as well when one of the big cloud providers is having a bad day, people notice most of the web sites and services we depend on depend on at least one of these providers being up and running. And there have been some major outages in the past year. So far, these outages have not had a systemic impact on the financial system. So far.

While the big cloud providers have all sorts of options to make systems within their perimeters fault tolerant to a degree, we have seen provider level outages which disrupted the Internet. In order to achieve true resilience when one of these events happens, organizations need to be thinking about true multi cloud solutions and there are some significant hurdles which need to be surmounted to do this.

The biggest hurdle is the cloud vendors tempting managed offerings managed Kubernetes clusters, databases, serverless services these are great for standing up new services quickly, but make multi cloud operation difficult, if not impossible. Even if another vendor has the same kind of managed database, it is going to be just different enough from your primary vendor to make porting your systems over expensive and time consuming. This is not a bug it is a feature. Vendors want to lock customers into their product (and who can blame them?).

In the financial world, regulators are taking notice, and institutions and their service providers (as well as cloud providers) need to be thinking about true multi cloud resilience solutions before the next big outage hits.

If you are at the beginning of your cloud journey and your application is critical, design it to be multi cloud from day one this will be waaaaaay less expensive and complex than trying to address the issue after you have a million customers.

When making architectural decisions, consider the benefits and the costs of adopting core services which are specific to your primary cloud provider. Think about how you would/could replicate them in another providers environment BEFORE you get locked in.

Given the increasing automation and speed we are seeing in financial services, it is only a matter of time before there is an event which really galvanizes regulators attention; the time to be thinking about diversifying your cloud infrastructure is now.

*** This is a Security Bloggers Network syndicated blog from Al Berg's Paranoid Prose authored by Al Berg. Read the original post at: https://paranoidprose.blog/2022/05/21/cloud-computing-concentration-and-systemic-risk/

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Cloudflare joins EU Cloud Code of Conduct, the path to trusted cloud services – Help Net Security

Cloudflare announced it has joined the EU Cloud Code of Conduct (EU Cloud CoC) General Assembly, to help increase the impact of the trusted ecosystem and encourage more organizations to adopt GDPR-compliant cloud services.

Cloudflare also announces that it has achieved two new cloud security certifications: ISO/IEC 27018:2019 and C5 Cloud Computing Compliance Criteria Catalog introduced by the Federal Office for Information Security in Germany.

The EU Cloud Code of Conduct brings trust and transparency to the European cloud computing market, helping organizations to source cloud services from GDPR-compliant providers. Importantly, following a positive opinion by the European Data Protection Board, the EU Cloud Code of Conduct was fully approved by the Belgium Data Protection Authority and is therefore a legally operational Code of Conduct pursuant to Article 40 of the EUs General Data Protection Regulation (GDPR).

The Code covers all cloud service layers and its compliance is overseen by accredited monitoring body SCOPE Europe. Cloudflares global network and strong commitment to upholding the very highest data protection standards will speed up adoption of cloud services across the continent by allaying users data protection concerns.

Commenting on the membership, Cloudflares Chief Privacy Officer, Emily Hancock said, As many businesses are realizing the full flexibility of cloud services, building trust is paramount to addressing any data privacy and security concerns they may have. The EU Cloud CoC is leading the charge so that European companies can grow and innovate with compliance built in. We look forward to enabling more companies to benefit from the power of the cloud with confidence.

Cloudflare has also obtained two new security and privacy compliance certifications, further reinforcing its commitment to security and data protection in Europe. ISO/IEC 27018:2019 is a global ISO privacy certification, implementing measures to protect the processing of personally identifiable information (PII) in public clouds acting as PII processors.

Cloudflare is also certified as a PII Controller and PII Processor to ISO/IEC 27701:2019, which is aligned to various data protection regulations including the GDPR, and ISO 27001:2013. Meanwhile, the C5 attestation is an important validation against a defined baseline security level for cloud computing. Cloudflare received a C5 report in May 2022.

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Regulatory Compliance in the Cloud: What you Need to Know – Security Boulevard

Anyone reading this post will have at least dipped their toes into the world of cloud services. As a result of this massive growth, the world of compliance has spent much of the last decade catching up with the implications of cloud services.

For hosted infrastructure, catching up presents an interesting set of challenges since cloud managed environments are often more rapidly updated and might only offer limited options for managing their security surface area. But that doesnt mean organisations can claim they are safe just because their data is held/managed by a reputable cloud services provider. Fortunately, most of the security world is well aware of this and most compliance policy providers correspondingly have stepped up to help secure cloud workloads.

For those who are just getting started or thinking about maturing their security posture it might be unclear what the exact compliance requirements are to harden their environments as they move to the cloud, the reality is that most of the organisations from the traditional IT world of compliance have extended their coverage to consider what secure looks like in the age of cloud computing including:

COBIT is the acronym for Control Objectives for Information and Related Technologies. The COBIT framework was created by ISACA (the Information Systems Audit and Control Association an international professional association focused on IT governance) to bridge the crucial gap between technical issues, business risks and control requirements

The Federal Risk and Authorization Management Program (FedRAMP) is a United States federal government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.

The National Electronic Security Authority (NESA) the federal (Read more...)

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Cloud Computing in Automotive Market 2021 Growth Prospects by 2028 with Leading Players: NA The Daily Vale – The Daily Vale

Global Cloud Computing in Automotive market Forecast from 2021-2028

The new record on the global Cloud Computing in Automotive market is centered on offering a benefit to the business major parts in the serious grounds over the business space by giving bits of knowledge about the angles that assume a significant part in the business development and assists them with taking clear choices about their methodologies in the business space. The data is accumulated from a couple of sources and the models apparent from the bona fide data and the current business floats that are happening in this market space. It joins granular experiences concerning the huge market drivers, advancement openings, pay possibilities, and huge challenges and threats that imperatively influence the augmentation of the business space.

Please click here to register for Sample Report @https://www.adroitmarketresearch.com/contacts/request-sample/981?utm_source=PT

The global Cloud Computing in Automotive market report provides detailed analysis, revenue insights, and other related information for the market along with recent trends, drivers, challenges, restraints, threats, and opportunities. The report includes market size, share, and forecast in terms of volume and value based on key industry players, regions, and segments including historical data for forecast period of 2021 to 2028.

As analytics have become an inherent part of every business activity and role, form a central role in the decision-making process of companies these days is mentioned in this report. In the next few years, the demand for the market is expected to substantially rise globally, enabling healthy growth of the Cloud Computing in Automotive Market is also detailed in the report. This report highlights the manufacturing cost structure includes the cost of the materials, labor cost, depreciation cost, and the cost of manufacturing procedures. Price analysis and analysis of equipment suppliers are also done by the analysts in the report.

Scope of the Global Cloud Computing in Automotive market:

This research report represents a 360-degree overview of the competitive landscape of the Cloud Computing in Automotive Market. Furthermore, it offers massive data relating to recent trends, technological advancements, tools, and methodologies. The research report analyzes the Cloud Computing in Automotive Market in a detailed and concise manner for better insights into the businesses.

The top companies in this report include:NA

The report, with the assistance of nitty-gritty business profiles, project practicality analysis, SWOT examination, and a few different insights about the key organizations working in the Cloud Computing in Automotive Market, exhibits a point-by-point scientific record of the markets competitive scenario. The report likewise displays a review of the effect of recent developments in the market on markets future development prospects.

The study will include the overall analysis of the Cloud Computing in Automotive market and is segmented

Market Segmentation: By Type:Amazon Web Services, Microsoft Azure, and Google Cloud Platform

Market Segmentation: By Application:

Geographic analysis:

The global Automotive Diesel Fuel Injection System market has been spread across North America, Europe, Asia-Pacific, the Middle East and Africa, and the rest of the world.

Regional Analysis

The overview of the report is carried on various primary and secondary data sources. North America, Europe, Middle East and Africa, and Asia Pacific by region are estimated to dominate the Market during the forecast period.

The US, Germany, UK, France, Spain, and Canada have been some the major markets in the region. Asia Pacific is estimated to register one of highest CAGR for Market during the forecast period.

This region has witnessed strategic investments by global companies to cater the growing demand in the recent years. China, Japan, India, South Korea, and Australia are amongst some of the major countries for Market in the region. Other regions including Middle East, are estimated to be emerging markets for market during the forecast period.

We have covered two proprietary models in the market report, the analyses players competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the competitive strategic window analyses the competitive landscape.

The report includes information on the recent developments, product portfolios, and strategies adopted by the key companies in the market. The data included in the report is backed by industry analysts with benchmarking and competitive intelligence to demonstrate the go-to-market strategies.

About Us :

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Cloud Computing in Automotive Market 2021 Growth Prospects by 2028 with Leading Players: NA The Daily Vale - The Daily Vale

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Google, Meta and Amazon will benefit from the Ukraine war, ad guru Martin Sorrell says – CNBC

Martin Sorrell, founder and chairman of media firm S4 Capital, believes the war in Ukraine has the potential to benefit three of America's biggest tech firms.

"I'm very bullish on the tech giants ... because the war will have an impact on them," Sorrell told CNBC at the World Economic Forum in Davos Monday.

He added: "The big three Google (or Alphabet), Meta, and Amazon will benefit, I think, as a result of the war."

Explaining his reasoning, Sorrell said: "Defense means cyber defense and cyber offense so technology and technological companies become really important."

Sorrell stopped short of saying exactly how Alphabet, Meta and Amazon could benefit from this, but all three companies boast that their cyber security systems are world leading.

Google and Amazon also provide cloud computing infrastructure that governments and cyber companies can harness in cyber warfare.

Sir Martin Sorrell, Executive Chairman, S4 Capital.

Ein Noonan | Sportsfile | Getty Images | Web Summit

Google, Amazon and Meta did not immediately respond to CNBC's request for comment.

The war in Ukraine is being fought both online and offline, with hackers on each side targeting the enemy's national infrastructure, businesses, governments and citizens.

Over the last few weeks, major tech stocks have plummeted amid concerns of persistently high inflation, rising interest rates and the risk of a global recession. The Nasdaqstock market declined 3.8% last week, falling for a seventh straight week. It's the longest losing streak for the tech-heavy index in 21 years.

Asked if the world is facing a second dot com bubble, Sorrell said there's already been a "massive correction," adding that some people think there could be a further correction of 5-10%.

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COMPUTEX 2022 Global Press Conference Industry Leaders Gather to Unlock Future Trends – Yahoo Finance

TAIPEI, May 23, 2022 /PRNewswire/ -- The long-awaited physical COMPUTEX 2022 will kick off on May 24 and run through May 27, along with the 2-week COMPUTEX DigitalGo Online Exhibition organized by TAITRA. This online exhibition breaks the geographic barriers and limitations to connect international buyers and exhibitors at a grand annual tech event. The global press conference held at the Taipei Nangang Exhibition Center today opened with the theme of Digital Resilience for the Global ICT Industry. James Huang, TAITRA Chairman, is joined by Paul Peng, Chairman of Taipei Computer Association, Barry Lam, Founder and Chairman of Quanta Computer, Dr. Tzi-cker Chiueh, Director General of Delta Research Center, CK Tseng, President of Arm Taiwan, and Ken Sun, General Manager of Microsoft Taiwan, to discuss how the ICT industry can turn the challenges of the pandemic into opportunities and create a better future with digital technologies.

COMPUTEXCOMPUTEX 2022 Global Press Conference Industry Leaders Gather to Unlock Future Trends

James Huang, TAITRA Chairman, said, "COVID-19 has brought severe impacts on supply chains and reshaped the global economy, urging the global ICT industry to adapt to unexpected challenges. COMPUTEX returns to the showground after the world has faced the pandemic for two years. This year's show is hybrid and continues its positioning for building global technology ecosystems. COMPUTEX 2022 creates this tech-forward platform to unlock future trends as well as to debut products."

Paul Peng, Chairman of Taipei Computer Association, also voiced his opinion, "Taiwan is the best hub for international companies to expand to the Asia-Pacific region due to its software-hardware integration, the high-tech talent pool, and geographical advantage. Moreover, there are urgent demands on Taiwanese products during the pandemic, which once again proves that we are reliable partners in the global technology sector. Therefore, we welcome friends from all over the world to visit and seek beneficial opportunities for mutual partnerships."

Story continues

Metaverse Development and Semiconductor Innovation Accelerated by the Pandemic; Embracing Digital Transformation Is the Key to Strengthening Business Resilience

Facing the challenges brought by the pandemic, Barry Lam, Founder and Chairman of Quanta Computer, believed that the demand for mobile computing and cloud computing has increased exponentially over the past two years. In the future, the market will require more innovative technologies to create new application scenarios coupled with a more flexible global supply chain. Moreover, the time to market will be the key to success.

On the other hand, CK Tseng, President of Arm Taiwan, suggested, "The pandemic has highlighted the importance of semiconductors in the tech industry, driving more companies to accelerate their technical innovations via advanced semiconductor technology. We are working with our partners to redefine the future of computing, delivering technology that will address the demands of AI, autonomous systems, cloud computing, the Metaverse and much more."

In the ever-changing political and economic context, building digital resilience is the key to steady growth under the new normal. Dr. Tzi-cker Chiueh, Director of Delta Research Center, gives the example of his corporation. He stated that enterprises would proactively devise comprehensive alternatives to their end-to-end business flows and periodically and rigorously rehearse them to ensure they can go through ominous events that disrupt the global economy. In addition, more and more IoT technologies have been adopted to strengthen the resilience of smart manufacturing production lines and the operations of smart green buildings.

As 5G and AIoT technology become more prevalent, and businesses accelerate the pace in which they digitally transform, Ken Sun, General Manager of Microsoft Taiwan, believes raising tech intensity, embracing cloud and harnessing the power of data will be key in building business and organizations' digital resilience. Sun said that thecloud not only brings tremendous opportunity to accelerate innovation, and create new business models, but most importantly, it allows industries to thrive and grow in the post-pandemic world.

COMPUTEX 2022 will be held at the Taipei Nangang Exhibition Center, Hall 1, from May 24 to 27, 2022. In addition, TAITRA will also simultaneously hold an interactive online exhibition called COMPUTEX DigitalGo (May 24 to June 6). Stay tuned to COMPUTEX official website and social media platforms for more details.

To learn more about COMPUTEX, please visit:COMPUTEX : https://www.computextaipei.com.tw/COMPUTEX Facebook: https://www.facebook.com/COMPUTEX.TAITRA/COMPUTEX Forum: https://events.computextaipei.com.tw/Digital Go: https://www.computexonline.com.tw/?userlang=twInnoVEX: https://www.innovex.com.tw/

About COMPUTEX:COMPUTEX was founded in 1981. It has grown with the global ICT industry and become stronger over the last four decades. Bearing witness to historical moments in the development of and changes in the industry, COMPUTEX attracts more than 40,000 buyers to visit Taiwan every year. It is also the preferred platform chosen by top international companies for launching epoch-making products.

Taiwan has a comprehensive global ICT industry chain. Gaining a foothold in Taiwan, COMPUTEX is jointly held by the Taiwan External Trade Development Council and Taipei Computer Association, aiming to build a global tech ecosystem. COMPUTEX uses cross-domain integration and innovation services as the most powerful driving forces for achieving the goal of becoming a new platform for global technological resources.

About TAITRA:The Taiwan External Trade Development Council (TAITRA) is Taiwan's foremost trade promotion organization. TAITRA is a public-benefit corporation founded by the Ministry of Economic Affairs by uniting industry and commerce groups from the private sector with the purpose of helping them expand their global reach. Currently, TAITRA has a team of more than 1,300 trade professionals, both domestically and abroad. Headquartered in Taipei, TAITRA operates 5 local offices in Taoyuan, Hsinchu, Taichung, Tainan, and Kaohsiung, as well as 63 branches worldwide. It has also signed cooperation agreements with 319 sister organizations that promote international trade. By forming a comprehensive trade services network that provides zero-time-difference and borderless real-time services, TAITRA continues to work with enterprises to jointly pursue the steady development of Taiwan's economy. It is the best partner for your success in business expansion.

Cision

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Robotic Process Automation Market Worth $47.19 Billion by 2029 – Exclusive Report by Meticulous Research – GlobeNewswire

Redding, California, May 23, 2022 (GLOBE NEWSWIRE) -- According to a new market research report titled, Robotic Process Automation Market by Type (Software, Service), Process, Deployment (Cloud, On-Premises), Application, and Industry (BFSI, Telecom, and IT Industry), and Geography - Global Forecasts to 2029, the global robotic process automation market is expected to grow at a CAGR of 16.2% during the forecast period to reach $47.19 billion by 2029.

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The growth of this market is attributed to the growing demand for automation in business processes, increasing adoption of advanced technologies to surge demand for robotic process automation solutions, and growing innovations in RPA to accommodate changing consumer demands. However, data insecurity risk is hindering the implementation of robotic process automation solutions in the financial sector. In addition, the growing demand for robotic process automation in logistics and BPO sectors is expected to create significant growth opportunities for the players operating in this market. However, a lack of awareness regarding robotic process automation is a major challenge to the growth of this market.

Impact of COVID-19 on the Robotic Process Automation Market

The outbreak of the COVID-19 pandemic severely affected numerous businesses across the globe. Several industries were negatively impacted due to the disruption of supply chains and workforce limitations caused by the nationwide lockdowns. Closure of factories and trade restrictions also added to the existing challenges, severely impacting various industries. Manufacturing plants were shut down, affecting production, which led to a significant demand-supply gap. Global Infrastructure & construction industries are witnessed acute labor shortages, suspension & cancellation of projects, and disrupted supply and logistics.

Various robotic automation companies such as UiPath SRL (U.S.) and Automation Anywhere Inc. (U.S.) witnessed a massive rise in the demand for automation solutions during the pandemic from various industries. Furthermore, the rising adoption of chatbots & virtual assistants in the BPO sector is expected to reduce the requirement for human resources, which, in turn, is projected to fuel the demand for RPA solutions.

The rising integration of RPA with advanced technologies like cloud computing, AI, and ML is expected to create huge growth opportunities for the market in the coming years. Moreover, AI-integrated RPA will improve accuracy, productivity, and flexibility in the business process. Further, it will eliminate the staff requirements in the back-office process across various industries such as BPO, banking & insurance, and healthcare. Thus, driving the market growth in the coming years.

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The global robotic process automation market is segmented based on type (software and service), process (automated solutions, decision support & management solutions, and interaction solutions), deployment mode (cloud-based and on-premise), application (administration & reporting, customer support, data migration & capture extraction, analysis, and other applications), industry (banking, financial services, & insurance; telecom & IT; travel, hospitality, and transportation; retail & consumer goods; manufacturing & logistics; healthcare & pharmaceuticals; other industries). The study also evaluates industry competitors and analyses the market at the country level.

Based on type, the robotic process automation market is segmented into software and services. In 2022, the service-based segment is estimated to account for the largest share of the robotic process automation market. The growth of this segment is attributed to the high competition among enterprises. It has urged the service providers to improve their consulting, training, and advisory services, and continuous upgrades in automation services that enable high scalability and minimize cost have driven the demand for RPA as a service. However, the software segment is expected to grow at the highest CAGR during the forecast period.

Based on process, the robotic process automation market is segmented into automated solutions, decision support & management solutions, and interaction solutions. In 2022, the automated solutions segment is estimated to account for the largest share of the robotic process automation market. The growth of this segment is attributed to its high degree of flexibility and scalability.

Based on deployment mode, the robotic process automation market is segmented into cloud-based and on-premise. In 2022, the on-premise segment is estimated to account for the largest share of the robotic process automation market. The growth of this segment is attributed to the growth in adoption of on-premise RPA solutions by organizations that are seeking to save costs by having a large volume of processes automated through RPA and having sufficient IT support for maintaining the infrastructure. However, the cloud-based segment is projected to grow at the highest CAGR during the forecast period due to its benefits, such as greater scalability, security, and ease of access & management.

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Based on application, the robotic process automation market is segmented into administration & reporting, customer support, data migration & capture extraction, analysis, and other applications. In 2022, the administration & reporting segment is estimated to account for the largest share of the robotic process automation market. However, the analysis segment is poised to grow at the highest CAGR due to its analysis operations, including service trends, invoices, reports, and other works.

Based on industry, the robotic process automation market is segmented into banking, financial services, & insurance; telecom & IT industry; travel, hospitality, & transportation industry; retail & consumer goods; manufacturing & logistics industry; healthcare & pharmaceuticals; and other industries. In 2022, the banking, financial services, & insurance segment is estimated to account for the largest share of the robotic process automation market.

In the BFSI industry, robotic process automation controls and monitors interfaces to ensure seamless execution of transactions and to fix loopholes. It improves the accuracy and efficiency of different processes in this industry. These solutions help in regulatory reporting and balance sheet reconciliation by collating data from multiple systems and conducting a host of validation checks to prepare information for a detailed analysis. However, the healthcare & pharmaceuticals segment is projected to grow at the highest CAGR during the forecast period.

Geographically, the North American region is estimated to account for the largest share of the robotic process automation market in 2022. The large share of this market is mainly attributed to the high penetration rate of automation & process management solutions among government agencies and enterprises. Furthermore, the application of RPA is rising among SMEs in the region due to rising knowledge about improving various business functions, such as data entry, accounting/finance, procurement detail, record keeping, and several other HR-related functions.

Some of the major players operating in this market are Uipath SRL (U.S.), Automation Anywhere Inc. (U.S.), Nice Systems Ltd. (Israel), Pegasystems Inc. (U.S.), Blue Prism PLC (U.K.), Ipsoft, Inc. (U.S.), Celaton Ltd. (U.K.), Verint System Inc. (U.S.), OnviSource, Inc. (U.S.), Kofax Inc. (U.S.), FPT Software (Vietnam), EdgeVerve Systems Limited (India), Daythree Business Services Sdn Bhd (Malaysia), Kryon Systems (Israel), and Genpact Ltd (U.S.).

To gain more insights into the market with a detailed table of content and figures, click here:https://www.meticulousresearch.com/product/robotic-process-automation-market-5282

Scope of the Report:

Robotic Process Automation Market, by Type

Robotic Process Automation Market, by Process

Robotic Process Automation Market, by Deployment Mode

Robotic Process Automation Market, by Application

Robotic Process Automation Market, by Industry

Robotic Process Automation Market, by Geography

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Amidst this crisis, Meticulous Researchis continuously assessing the impact of COVID-19 pandemic on various sub-markets and enables global organizations to strategize for the post-COVID-19 world and sustain their growth. Let us know if you would like to assess the impact of COVID-19 on any industry here-https://www.meticulousresearch.com/custom-research

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Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Cloud Computing in Higher Education Market Share 2022 Top Companies, Business Growth and Investment Opportunities and Forecasts 2030 – Taiwan News

The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the market for global cloud computing in higher education market from US$ 2,693.5 Million in 2021 to US$ 15,180.1 Million by 2030. The market is anticipated to grow at a CAGR of 22% during the forecast period 2022-2030.

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Cloud computing in higher education provides an online platform for educational institutes through various applications and subscription models. In this era of technology, employing latest IT technologies and services in higher education assists teachers, administrators and students in their education related activities. Cloud computing in higher education centrally manages the various business processes such as student and course management, helps teachers in uploading learning materials, students to access their homework, administrators to easily collaborate with each other and library management among others. Cloud computing segment is gaining majority of the spenders from high income group as well as skilled share of people from around the world.

On the basis of institute type, the technical schools are estimated to hold the highest market share in 2021 and is also expected to project the highest CAGR over the forecast period owing to increasing demand for cloud computing in technical schools. Moreover, based on ownership, private institutes segment is anticipated to hold the largest market share owing to increasing funding in private institutes for adoption of cloud computing services. Whereas, the public institutes segment is expected to grow at the highest CAGR over forecast period. Furthermore, in terms of application, administration application holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning. In addition to this, by deployment, the hybrid cloud segment held the largest market share in 2021.

Market Dynamics and Trends

Drivers

The increasing adoption of SaaS based cloud platforms in higher education, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in education and increasing application of quantum computing in education sector will boost the global cloud computing in higher education market during the forecast period. Software-as-a-Service (SaaS) is a type of delivery model of cloud computing. In the higher education sector, SaaS applications include hosting various management systems for educational institutes and managing other activities. Moreover, higher education industry witnesses an increased adoption of e-learning due to its easy accessibility and high effectiveness. Users such as drop-outs, transfer learners, full-time employees are increasingly relying on e-learning trainings and education to upgrade their skills. Furthermore, higher education institutes are rapidly moving towards cloud-based services to save an intensive IT infrastructure cost and boost efficiency of operations.

Restraints

Cybersecurity and data protection risks, lack of compliance to the SLA and legal and jurisdiction issues is a restraining factor which inhibits the growth of the market during the forecast period. Issues related to data privacy pose threats in interest to mitigation of higher education institutions to the cloud. There are federal regulations for higher education institutes along with state and local laws to manage information security in the education environment. Moreover, the level of complexity in the cloud is high, which usually complies with several service providers and thus makes it hard for users to make changes or intervene. Also, the cloud computing industry faces various legal and jurisdiction issues that can run into years due to regional laws.

Cloud Computing in Higher Education Market Country Wise Insights

North America Cloud Computing in Higher Education Market-

US holds the major share in terms of revenue in the North America cloud computing in higher education market in 2021 and is also projected to grow with the highest CAGR during the forecast period. Moreover, in terms of institute type, technical schools hold the largest market share in 2021.

Europe Cloud Computing in Higher Education Market-

Western Europe is expected to project the highest CAGR in the Europe cloud computing in higher education market during forecast period. Wherein, Germany held the major share in the Europe market in 2021 because there is high focus on innovations obtained from research & development and technology adoption in the region.

Asia Pacific Cloud Computing in Higher Education Market-

India is the highest share holder region in the Asia Pacific cloud computing in higher education market in 2021 and is expected to project the highest CAGR during the forecast period owing to potential growth opportunities, as end users such as schools and universities are turning toward cloud services in order to offer high quality services that help users to collaborate, share and track multiple versions of a document.

South America Cloud Computing in Higher Education Market-

Brazil is projected to grow with the highest CAGR in the South America cloud computing in higher education market over the forecast period. Furthermore, based on ownership, private institutes segment holds the major share in 2021 in the South America cloud computing in higher education market owing to increasing funding in private institutes for adoption of cloud computing services.

Middle East Cloud Computing in Higher Education Market-

Egypt is the highest share holder region in 2021 and UAE is projected to grow with the highest CAGR during the forecast period. Moreover, in terms of application, administration holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning.

Africa Cloud Computing in Higher Education Market-

South Africa is the highest share holder region in the Africa cloud computing in higher education market in 2021. Furthermore, by deployment, the private cloud segment is expected to witness the highest CAGR during forecast period due to the security benefits provided by the private deployment of the cloud.

Competitive Insights

Global Cloud Computing in Higher Education Market is highly competitive in order to increase their presence in the marketplace. Some of the key players operating in the global cloud computing in higher education market include Dell EMC, Oracle Corporation, Adobe, Inc., Cisco Systems, Inc., NEC Corporation, Microsoft Corporation, IBM Corporation, Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc and Alibaba Group among others.

Segmentation Overview

Global Cloud Computing in Higher Education Market is segmented based on institute type, ownership, application, deployment and region. The industry trends in the global cloud computing in higher education market are sub-divided into different categories in order to get a holistic view of the global marketplace.

Following are the different segments of the Global Cloud Computing in Higher Education Market:

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By Institute Type segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Ownership segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Application segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Deployment segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Region segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

North America

Europe

Western Europe

Eastern Europe

Asia Pacific

South America

Middle East

Africa

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Cloud Computing in Higher Education Market Share 2022 Top Companies, Business Growth and Investment Opportunities and Forecasts 2030 - Taiwan News

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