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Extending Data Management To The Cloud – Virtualization Review

The Infrastruggle

Dternity has a solid solution worth considering.

Cloud services have become increasingly popular as mechanisms for sharing files, for data collaboration, for backing up or archiving data, or simply for adding space to cramped on-premises storage infrastructure. While some firms have made a deliberate choice to leverage cloud storage as part of a strategic initiative to improve data availability, survivability or cost-efficiency, many have simply grown their storage repository into clouds and now find themselves with a highly distributed and loosely connected storage infrastructure. Comparatively few have thought through the challenges for managing data across such a sprawl; a huge mistake in the long run, whatever your objectives for using cloud storage.

Some firms sought out online backup or DR-as-a-Service (DRaaS) providers to enable quick conformance with overlooked legal or regulatory mandates on data protection, or simply to offload data protection to branch offices or road warriors themselves. And providers of such services have tended to add basic archiving to their menus, enabling companies to park data in their mostly tape-based archival repositories instead of standing up their own archives on-premises.

These firms have taken a "gradualist" approach to integrating on-premises and cloud-based storage. At some point, according to the IT managers I have interviewed, there will be a need to sort out the strategy: to make sure that the right data is being kept in the right place with the right set of protection, preservation and privacy services for the right amount of time. For some reason, that review keeps getting pushed out into the future.

By contrast, other companies have held off on embracing the cloud storage concept until they can figure out the best way to add capacity and services to meet present and future business computing needs. You can usually tell who these folks are by their vocabulary. They speak of cloud storage infrastructure expansion as inevitable, but they pay a lot of attention to protocols, gateway technologies, latency, and most importantly coherent management of the data itself. They check to see if the online backup cloud's facility is physically remote from their production datacenter (as it should be, to prevent both original and backup data from being consumed by the same disaster). They want to ensure that archival data, despite its less frequent access or update characteristics, is still accessible and retrievable within certain timeframes and that it is stored in a manner and on a medium that ensures the greatest durability and lowest bit error rates around (that would be tape, by the way).

Dternity has the same physical componentry going for it as an AWS or Google or Azure cloud. Their personnel are some of the best trained in the world, and certainly on par with the best that the industrial farmers of the cloud world can offer. They support all of the latest protocols for moving data across networks (or for doing "cloud seeding" using tape cartridges and the Linear Tape File System to move mass quantities of data into the cloud archive platform). And they support readily-installed gateway hardware to simplify the secure handling of access and retrieval of data from the Dternity Media Cloud into the workspace -- whether virtual or physical -- whenever needed. The other guys may eventually catch up, but Dternity is currently the maestro of tape-based cloud archiving, and probably the service provider with the deepest bench in tape expertise.

StrongLink serves as a "controller of controllers" providing a data management facility that controls the placement and migration of data across heterogeneous infrastructure, where heterogeneous refers to a mixture of storage equipment vendors, storage topologies and storage media. It is a cognitive management platform that applies data management policies intelligently, after a near real-time consideration of the status of each storage device, each storage service provider, and each file or object being stored.

At the time data is created, StrongLink adds it to a global namespace that tracks the status and location of the data. Data management policies define what kinds of resources should be provided to the data: a combination of the right hardware (in terms of capacity, performance and cost), the right protection, preservation and privacy services to apply to the data or its storage containers, in the right location and for the right amount of time.

To ensure that data is migrated to the right storage resources with the right services at the right time, StrongLink maintains an Internet of Things-style inventory of the status of the data itself, the storage infrastructure (local and cloud) available for storing bits, and the availability and burdening of storage services brokers that will need to supply the data with the right protection, preservation and security wherever it is hosted.

From a practical perspective, StrongLink cognitive data management delivers flexibility to business IT planners. New gear can be rolled out, older gear retired, and cloud services added without disrupting access to data. Data is relocated transparently to appropriate storage hosts and services are applied to the data according to policy and with little operator intervention, and all locational information is automatically updated in the StrongLink namespace, so users never lose access to their data.

Finally, StrongLink provides an historical audit trail for data, identifying versions and copies that makes accommodating compliance requirements or legal holds a straightforward process. Same goes for deletion: when a file or object reaches end of life, all copies of the file or document can be identified so that appropriate actions can be taken.

StrongLink grew up in the Dternity cloud and is a significant part of what differentiates Dternity from other cloud storage and archive services. Offered by SDS as a stand-alone product, StrongLink is now being tapped by strategic IT planners to manage data within datacenters, across branch office networks, and in hybrid cloud topologies. The capabilities of StrongLink to integrate the disciplines of data management, data compliance and governance, storage resource management and storage services management are constantly improving to meet the new challenges of software-defined storage silo'ed behind hypervisors, as well as the more demanding needs within companies for dataset sharing and analytics.

Editorial note: the author has no financial relationship of any kind with Dternity.

About the Author

Jon Toigo is a 30-year veteran of IT, and the Managing Partner of Toigo Partners International, an IT industry watchdog and consumer advocacy. He is also the chairman of the Data Management Institute, which focuses on the development of data management as a professional discipline. Toigo has written 15 books on business and IT and published more than 3,000 articles in the technology trade press. He is currently working on several book projects, including The Infrastruggle (for which this blog is named) which he is developing as a blook.

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Cloud computing pushes into the classroom, but not without challenges – Ars Technica

Enlarge / Seth Erdman, center, and his fellow students use Chromebooks while working on a lesson in a third grade class on Friday, January 16, 2015, at Walden Elementary School in Deerfield, Illinois. (Anthony Souffle)

When you think about a traditional school workflow, it's not unlike that of a business: paper is generated and moved in a systematic way between the children and the teacher. Just as cloud computing has transformed workflows in business to make them more collaborative and mobile, that same type of change has been coming to schools. Children and teachers use the power of the cloud to collaborate while accessing, storing, and sharing content.

As with business, this change is ongoing, uneven, and by no means complete. But if schools are at least partly about preparing children for the next generation of work, then the cloud needs to be a part of that preparation. Just as some businesses have struggled to transition to the cloud, schools face similar challenges. But because schools involve a specific demographicchildren from a variety of abilities and socioeconomic and linguistic backgroundstheir challenges can be even more complicated.

Slowly but surely, in spite of the issues, cloud tools are coming to the classroom. As more companies, large and small, help schools bring about this transition in a way that makes sense for teachers and children in a classroom context, we are seeing a shift to the cloud and all the advantages (and problems) that brings.

Peter Jordan is the CEO and co-founder at Knowledge Matters, a cloud service that delivers business simulations to over one-third of high schools in the US, covering subjects like management, retail, and personal finance. He says the company has been in business long enough to remember when delivering this type of content to classrooms was far more complex.

"We think the cloud has already been transformational in delivering technology to the classroom," Jordan explained. "When we started Knowledge Matters, we were literally shipping CD-ROMs to schools across the country. From a technology standpoint, as an educational software company, it was a huge challenge, as we had to troubleshoot network configurations for teachers [and other installation issues]."

Jonathan Rochelle, director of product management for Google Education, says that operational efficiency is just part of the cloud's advantage. "Teachers no longer have to take home a box of papers," he said. "They can provide feedback much faster, and they are spending more time with the students instead of [grading] papers."

That shift in the teacher-student relationship goes even deeper, says Jason Klein, assistant superintendent for technology and learning at the Maine Township High School District in Chicago. He says using cloud tools has fundamentally changed the way teachers teach and children learn in his district's schools. Instead of a teacher being the information provider and the children being responsible for learning that information, the teacher becomes a facilitator or coach in helping children find the resources they need to learn. This arrangement makes children much more active participants in the learning process, he explained.

In fact, each of the 6,500 kids in Klein's district has a Chromebook computer and access to Google tools like Google Drive and Google Docs. Rochelle says teachers manage the flow of content between them and students using Google Classroom, which gives teachers a central administrative interface to manage cloud activity in the classroom. That includes building a roster, communicating assignments to the whole class or individual students, and facilitating communication across the classroom.

Klein says this capability enables teachers to review the documents children are working on in real time. Through the document-sharing capability, children can get feedback from peers as well as teachers.

One of the great advantages about working in the cloud is the interoperability between services. If teachers want to use a module from Khan Academy, a language lesson in Duolingo, or a YouTube video from CrashCourse, they can incorporate all of that into their course work. This allows them to customize lessons for each child or group of children, taking into account a range of abilities.

Yet trying to figure out which tools to use when accessing that world of content becomes a problem in itself. Klein's district provides a set of tools, but teachers are free to supplement those with whatever options they wish. In order to decide which tools are best from the universe of choices on the Internet, teachers communicate with one another, participate with other teachers on social networks to find what's working for them, and work with the school librarians, who are trained to find good sources and toolsand teach the teachers how to find them on their own.

Sonny Hashmi, who is managing director of global governments at online content management company Box, says his company focuses on forming relationships with as many tool providers as possible. Box builds in integrations whenever it can, whether that's with Blackboard, Khan Academy, G Suite, or Office 365. "We believe in a world where solutions have to work together seamlessly," Hashmi said.

While the cloud-computing trend favors the transition to more tools like these, obstacles remain. According to Rochelle of Google, "One of our biggest challenges is providing technology solutions that require bandwidth and some computer." This is especially true when kids go home after school. The Pew Center for Research has found that, while the Digital Divide is closing, it still persists for lower-income populations in the United States. And not every school can afford to issue digital tools to each student.

Esteban Sosnik is a partner at Reach Capital, who has invested in EdTech startups such as Nearpod, a content management and administrative tool aimed at classroom teachers, and Newsela, a reading platform that delivers leveled daily news content. He says one of the biggest challenges in bringing the cloud to the classroom is finding that central management tool that simplifies taking advantage of all the different options.

"There is a bottleneck in terms of making it easy to deploy," Sosnik said. "Teachers dont want to add more complexity into the classroom." He acknowledges Google Classroom is the closest to a central classroom administrative tool that we have. But he says that there is still no single default platform where teachers and children can start their daily digital journey (and there is a tremendous opportunity for a company to become that).

Klein points out that, just as in business, this type of change requires top-down support and innovative thinking on the part of the entire school system. But it also requires practical systems in place to manage these tools and equipment, set up refresh cycles, and simply maintain the computers the children are usingwhether that's a computer for every student or a cart system where classes share computers throughout the day.

None of these impediments is insurmountable, but it takes a clear vision on the part of school systems to give teachers and students the tools they need to learn in the 21st century. "The implementation is getting better, and the cloud and connectivity are helping. We expect in three to five years' time, it will be [even] easier for teachers to use this technology in the classroom," Sosnik said.

Ron Miller is a freelance technology journalist and blogger. He writes regularly on the cloud and the enterprise.

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Deloitte strengthens cloud options with acquisition, new jobs and studios – Cloud Tech

(c)iStock.com/tupungato

Deloitte has announced the acquisition of Day1 Solutions, a cloud consulting business, to expand its options and accelerate clients digital transformation.

The consulting giant is also adding 3,000 new US-based high tech engineering jobs, as well as opening a series of cloud studios in Orlando, New York, and Washington D.C.

Day1 Solutions is a certified Amazon Web Services (AWS) partner, and its website now links to Deloittes cloud page. Day1 Solutions customer base extends across commercial industries and government agencies, with significant success in the public sector, Deloitte notes. Their entrepreneurial spirit and high energy will help Deloitte reimagine how technology is delivered.

Deloitte has frequently written about and released reports on the strength of the cloud ecosystem. The companys 2015 report showed cloud computing was the strongest technology investment sector for the third year running, with an overall score of 4.18 out of 5 among venture capitalists polled, ahead of mobile (4.05) and the Internet of Things (3.95). In September, Deloitte reiterated its view that cloud infrastructure, big data and analytics were among the top technologies most likely to generate greater productivity.

Cloud is the backbone of innovation and a conduit for clients to reimagine how they do business. For years, weve helped our clients view cloud integration as a critical driver for business transformation, said Ranjit Bawa, principal at Deloitte Consulting LLP in a statement.

By adding these significant investments to our portfolio, our clients will have access to deeper cloud expertise and even more innovative capabilities, as well as the talent they need to help them thrive in a fast-moving digital economy.

At the end of the day, our commitment to clients is to harness the power of cloud to accelerate their digital transformation, added Luis Benavides, founder and CEO of Day1.

Financial terms of the acquisition were not disclosed.

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21Vianet exec says cloud computing a priority for Chinese Govt – DataCenterNews Asia

The president of 21Vianet Blue Cloud, Wing-Dar Ker, spoke at DataCloud Asia. The event was held in Singapore. This was the first time the organisers of the event held the conference in Asia.

Wing-Dar joined a panel of experts at the event to discuss the trends in Asia's cloud computing industry.

Wing leads a team responsible for managing 21Vianet Blue Cloud's partnership with Microsoft's cloud services in China.

Wing spoke of how cloud computing is a strategic priority for the Chinese government and of one particular case study done by the International Trade Administration of the U.S. Department of commerce.

This case suggested that by 2020 the industry could experience a compound annual growth rate of 40 to 45 percent, with a potential worth of $20 billion.

"Internet companies in China are investing billions into their own cloud businesses in coming years, seeking to take advantage of a market with 680 million Internet users," says Wing.

"Cloud computing is a strategic priority for the Chinese government, which has piloted cloud schemes in a few cities, will only drive the growth of data centers further."

"With the government viewing cloud with strategic importance alongside the hypergrowth of domestic internet companies, growth momentum in China's cloud sector is assured," says Wing.

"The market size of data centers 2015 was $7.6 billion and the average growth rate in the next few years is expected to be 35 percent or above and market demand for cloud computing and internet services combined with a willingness to invest will drive infrastructure build-up in the next few years."

Wing highlighted the value foreign players in the industry could bring to the Chinese market, especially the value of foreign companies that want local partnerships in order to navigate Chinese regulations and share market expertise.

Although domestic competition may be growing, foreign companies hold the key when it comes to technology.

Wing notes that there are risks, with one most notably being the regulatory landscape as the Chinese government continues to review the best ways to regulate the sector.

Also, foreign companies need to be aware of the nature of their product in markets other than their own, as success is not certain in China.Technological advances and brand recognition don't always translate to success in this highly competitive market.

"There are also perceived security and privacy concerns. Competition is fierce as technology continues to evolve and has not matured," Wing says.

"Entering China without an experienced local partner could be detrimental to operations, let alone market penetration."

Wing spoke of how cloud and internet data service providers are increasingly mingled together. Between the IaaS providers and internet data centers in the small-to-medium sized business sector, the latter are losing out.

"IDCs need to share with public cloud providers in the enterprise areas," Wing said. "IDC customers may not just be end users anymore, but should focus on cloud service providers because cloud service providers may not want the hassle of building, managing and operating data centers."

He also discussed 21Vianet Blue Cloud's value proposition in China, noting the company is the best partner to work with in the public and hybrid cloud areas.

"Most importantly, we have accumulated IP and knowledge by working closely with the government in areas critical to China cloud compliance and regulations," he says.

Last year, 21Vianet Blue Cloud unveiled its new "Cloud Landing in China" program. The program is designed to provide global cloud computing firms with one-stop solutions for entering the China market.

"We leverage our experience and formulate structured and systematic protocols to make market entry easier," says Wing. With the government's "One Belt, One Road", another development in the China market is the growth of cloud computing into Southeast Asia and Europe.

"We are going to follow our customers to wherever they go," he says.

"There will be a lot of opportunities for us to leverage the assets and presence of our global partners in these countries."

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Global Cloud Servers Market 2017 Dell, HP, IBM, Oracle, Cisco, Fujitsu, Hitachi, NEC – MilTech

Global Cloud Servers Market 2017, presents a professional and in-depth study on the current state of the Cloud Servers market globally, providing basic overview of Cloud Servers market including definitions, classifications, applications and industry chain structure, Cloud Servers Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Cloud Servers market size, share and end users are analyzed as well as segment markets by types, applications and companies.

Get Free Report Sample @ http://www.fiormarkets.com/report-detail/42770/request-sample

The study Global Cloud Servers Industry 2017 is a detailed report scrutinizing statistical data related to the Global Cloud Servers industry. Historical data available in the report elaborates on the development of the Cloud Servers market on a Global and national level. The report compares this data with the current state of the market and thus elaborates upon the trends that have brought the market shifts.

The market forces determining the shaping of the Cloud Servers market have been evaluated in detail. In addition to this, the regulatory scenario of the market has been covered in the report from both the Global and local perspective. Market predictions along with the statistical nuances presented in the report render an insightful view of the Cloud Servers market.

The demand and supply side of the market has been extensively covered in the report. The challenges the players in the Cloud Servers market face in terms of demand and supply have been listed in the report. Recommendations to overcome these challenges and optimize supply and demand opportunities have also been covered in this report.

Growth prospects of the overall Cloud Servers industry have been presented in the report. However, to give an in-depth view to the readers, detailed geographical segmentation within the globe Cloud Servers market has been covered in this study. The key geographical regions along with their revenue forecasts are included in the report.

Browse Full Report @ http://www.fiormarkets.com/report/global-cloud-servers-market-re

The competitive framework of the Cloud Servers market in terms of the Global Cloud Servers industry has been evaluated in the report. The top companies and their overall share and share with respect to the Global market have been included in the report. Furthermore, the factors on which the companies compete in the market have been evaluated in the report.

This report also presents product specification, manufacturing process, and product cost structure etc. Production is separated by regions, technology and applications. Analysis also covers upstream raw materials, equipment, downstream client survey, marketing channels, industry development trend and proposals. In the end, the report includes Cloud Servers new project SWOT analysis, investment feasibility analysis, investment return analysis, and development trend analysis. In conclusion, it is a deep research report on Global Cloud Servers industry. Here, we express our thanks for the support and assistance from Cloud Servers industry chain related technical experts and marketing engineers during Research Teams survey and interviews.

Fior Markets is a leading market intelligence company that sells reports of top publishers in the technology industry.

Our extensive research reports cover detailed market assessments that include major technological improvements in the industry. Fior Markets also specializes in analyzing hi-tech systems and current processing systems in its expertise.

Contact Us

Mark Stone Sales Manager Phone: (201) 465-4211 Email: sales@fiormarkets.com Web: http://www.fiormarkets.com

This release was published on openPR.

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Tencent Cloud Adopts NVIDIA Tesla for AI Cloud Computing – insideBIGDATA

NVIDIA announced that Tencent Cloud will adopt NVIDIA Tesla GPU accelerators to help advance artificial intelligence for enterprise customers.

Tencent Cloud will integrate NVIDIAs GPU computing and deep learning platform into its public cloud computing platform. This will provide users with access to a set of new cloud services powered by Tesla GPU accelerators, including the latest Pascal architecture-based Tesla P100 and P40 GPU accelerators with NVIDIA NVLink technology for connecting multiple GPUs and NVIDIA deep learning software.

NVIDIAs AI computing technology is used worldwide by cloud service providers, enterprises, startups and research organizations for a wide range of applications.

Companies around the world are harnessing their data with our AI computing technology to create breakthrough products and services, said Ian Buck, general manager of Accelerated Computing at NVIDIA. Through Tencent Cloud, more companies will have access to NVIDIAs deep learning platform, the worlds most broadly adopted AI platform.

GPU-Based Cloud Offerings for AI

Organizations across many industries are seeking greater access to the core AI technologies required to develop advanced applications, such as facial recognition, natural language processing, traffic analysis, intelligent customer service, and machine learning.

The massively efficient parallel processing capabilities of GPUs make the NVIDIA computing platform highly effective at accelerating a host of other data-intensive workloads, including advanced analytics and high performance computing.

Tencent Cloud GPU offerings with NVIDIAs deep learning platform will help companies in China rapidly integrate AI capabilities into their products and services, said Sam Xie, vice president of Tencent Cloud. Our customers will gain greater computing flexibility and power, giving them a powerful competitive advantage.

As part of the companies collaboration, Tencent Cloud intends to offer customers a wide range of cloud products based on NVIDIAs AI computing platforms. This will include GPU cloud servers incorporating NVIDIA Tesla P100, P40 and M40 GPU accelerators and NVIDIA deep learning software. Tencent Cloud launched GPU servers based on NVIDIA Tesla M40 GPUs and NVIDIA deep learning software in December.

During the first half of this year, these cloud servers will integrate up to eight GPU accelerators, providing users with superior performance while meeting the requirements for deep learning and algorithms that involve ultra-high data volume and ultra-sized equipment.

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Hyve Brings A Personal Touch To Managed Cloud Hosting – Silicon UK

Managed cloud hosting provider Hyve has enjoyed significant growth over the last few years, but what has been the secret to its success?

Hyve isnt your average cloud hosting provider. Based in Brighton, the sixteen-year old company started life as the part-time venture of Jon Lucas and Jake Madders, playing second fiddle before the two founderswent full time in 2010.

Madders early work on the company was carried out from the beaches of South America and, with a company jet ski and plans to buy a water-powered jet pack,Lucas and Madders could never be accused of conforming to what you might think of as thetraditional infrastructure IT image.

Indeed, the birth of the company itself was unique at the time. Hyve proudly calls itselfthe UKs first enterprise VMware cloud hosting provider and actually started before VMware even had a hosting model in place.

They didnt realise that they were going to make a load of money from hosting companies, so it was before they even provided a hosting reseller model, Madders explained to Silicon at Cloud Expo Europe. We bought a load of perpetual licenses and then virtualised everything that we had and in doing that our costs just disappeared.

We went from maybe 20,000-30,000 a month in costs down to 2,000 or 3,000 a month costs, but pretty much the same income. So thats when we thought we were on to something.

But growth didnt happen straight away. According to Madders, it was around 2012 that the company started to see real traction: People with dedicated servers, they just realised that cloud infrastructure works.

We had a period where we had to really persuade people to move to the cloud but they werent keen to trust it, then about 5 years ago everyone was suddenly moving and we had a great platform that we could scale so we didnt have any problems saying no. We could service pretty much anyone who called up.

In recent years, Hyve has gone from strength to strengthand now boasts the likes of Carluccios restaurant, T. M. Lewin and the RSPCA as customers. Arguably the most high-profile client is Southampton Football Club, which came on board in January as the club looked to revamp its digital platform.

So, with an influx ofcompetitors entering the market as more and more businesses turn to hosting providers to manage their cloud estates, what has been the secret to Hyves success and its 50 percent year-on-year growth?

Maddersputs a lot of it down to the personal touch that him and Lucas have been keen to retain throughout Hyves development: Customerscan phone us directly and because its a small team they can talk to our engineers without going through a big help desk which doesnt know who they are.

You can get in touch with a person, you know who they are and they know who you are and youre not going through to some help desk. Thats our man niche factor thats kept us in business and given us growth.

All of the competitors in our sector who offer close to as good a platform as us, are so big that youre going to have a help desk of a thousand. Theres no-one whos really our size who offers the same level of product as us.

Lucas agreed, saying that although retaining that personal touch has been a challenge, theyve come up with a solution: Every customer has got its own dedicated team, so we keep that team associated with one customer.

We always give the customer our phone number as well and say theres the mobile number if you need us for emergencies, give us a ring and weve now done that with account managers as well. That always closed the deal.

With an impressive roster of customers and a strong reputation to fall back on, the future is looking bright for Hyve.

Not only is the industry itself on the crest of a wave thats showing no signs of slowing, but there is also an interesting new group ofpotential customers in the market. Football teams are the biggest thing for us at the moment, said Madders.

All the Premier League clubs were stuck on one platform and theyve just been told that they can now do their own thing in IT, so theres this huge market rush right now to get them on board. Theyre not concernedabout budget, they just want it to be amazing and thats like the ultimate dream customer.

Hyve already has interest from two other Premier League teams (I pressed Madders and Lucas for names, but they wouldnt bite) and getting three of the UKs top football teams on board would represent a big win for the Brighton-based firm.

They also recently opened a new data centre in San Jose, California, to add to existing facilities in London, Somerset, Hong Kong and Shanghai, making Hyve a truly global company as it tries to compete with the industrys giants.

And, if it manages to retain that personal tough, theres no reason why Hyve wont continue to be an option for businesses on their cloud journeys.

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Trapp Technology Announces Acquisition of Medical Cloud Hosting Division of Pennsylvania-based Managed … – Benzinga

Arizona IT solutions provider maintains momentum of growth through acquisition with its fourth procurement in 18 months.

Phoenix, Arizona (PRWEB) March 27, 2017

Phoenix-based Trapp Technology, a provider of IT, Internet, Voice, and cloud hosting solutions, announced today its service availability in Pennsylvania through the acquisition of their cloud hosting division of VelocityMSI, a Philadelphia-based IT consulting and solutions company with a client base in medical markets.

The acquisition supports Trapp Technology's strategic growth plan and strengthens its position as a three-time honoree as one of the "Fastest Growing Private Companies in America" according to Inc. 500, with a three year growth of 734%.

"This expands Trapp Technology's reach into medical software hosting, broadening our already comprehensive cloud application hosting portfolio and industry knowledgebase," says David Trapp, CEO of Trapp Technology. "We look forward to continuing to provide a stable and secure environment for our current and future clients."

Trapp Technology's newly obtained client base will now have access to the company's 24/7/365 U.S.-based technical and customer support out of the Phoenix, Arizona headquarters. In coming months, these customers will be transitioned on to Trapp Technology's resilient and stable infrastructure, consisting of equipment that is owned and operated entirely by the Arizona-based company. Trapp Technology prides themselves on maintaining HIPAA compliant administrative, physical, and technical safeguards to protect their customers and their clients.

"This acquisition continues our efforts to diversify our cloud application hosting audience, and expand our reach to the East coast," continues Trapp. "We're excited to introduce Trapp Technology's unrivaled customer support team, advanced technical expertise, and comprehensive solution offering to the VelocityMSI customer base."

Today's announcement reinforces Trapp Technology's commitment to meet and exceed market demands for enterprise-grade IT solutions made available to organizations of all sizes and budgets. For more information on the aforementioned services now available through Trapp Technology, please contact Ashley Capps at acapps(at)trapptechnology(dot)com.

For the original version on PRWeb visit: http://www.prweb.com/releases/2017/03/prweb14184395.htm

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Bitcoin Price Rises Higher Than Gold… But Its Value Is A Different Story – Forbes


Forbes
Bitcoin Price Rises Higher Than Gold... But Its Value Is A Different Story
Forbes
Since hitting a record-low of $177 in January 2015, Bitcoin is up almost 600%. On March 2, 2017, it reached a new high of $1,268 per unitthus surpassing the price of an ounce of gold for the first time ever. So, what's the driving force behind this ...

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Bitcoin Price Analysis – Indications of a bottom – Brave New Coin

Bitcoin has been trading between $1114-887 this week, according to the BLX, in extremely volatile market conditions with intense bearish momentum. The Network Hashrate gained 3.24% on March 3rd, and has increased 42.48% year to date.

The most important fundamental news this week has been the back and forth exchange between the Bitcoin Unlimited (BU) and Bitcoin Core (BC) factions. BU miner signalling continues to gain ground, up 10% this week. Nodes however, remain heavily in BCs favor.

Meanwhile, the previous quarterly futures contract from OKCoin closes this week. Below is a chart showing the quarterly contract open dates (orange), the previous quarterly moving to biweekly (blue), and the previous quarterly contract closing (yellow).

Volatility during these three weeks has previously signaled a bullish exhaustion, and a bearish upcoming quarter. Stability has signaled accumulation, and the bottom of bullish continuation. The spot price has been extremely volatile in this time period, which indicates a bearish upcoming quarter.

At the same time, the People's Bank of China (PBoC) continues to apply stricter Know Your Customer and Anti Money Laundering requirements. Traders using chinese exchanges are now required to register for accounts in person, or withdraw their current balances. Its unlikely that domestic Chinese exchange volume will return to previous levels anytime soon, and LocalBitcoin volume will continue at historic levels.

Japan therefore continues to be the market leader in volume, with 50% of total bitcoin volume traded in the past 24 hours. Japan recently became very accepting of Bitcoin as a currency, recognizing it as legal tender.

Due to the enormous selling pressure over the last week, the bull trend beginning in 2015 is currently being threatened. Lets gather some evidence on high time frames to assess the safety and validity of the longstanding bull trend.

For the first time in the entire trend, the monthly candle is a risk for a bearish engulfing candle with a few days left to close.

There is also the possibility of a Cup and Handle, a bullish continuation chart pattern, forming. However, there are a few caveats and conditions.

First, Cup and Handle patterns in traditional markets typically have an age expiration, and this formation is far past that expiration. Second, the ideal volume profile is one with a descending nature, which is definitely not the case here (not shown). Third, the Cup and Handle remains valid as long as the handle low closes above the 0.50 fibonacci retracement level. The smaller the pullback, to say the 0.618 fibonacci retracement level, the higher the probability of bullish continuation. Fourth, the measured target for continuation is taken from the cups horizontal resistance to the low and projected upward, again from the horizontal resistance. This yields a target of ~$2,100 with a 1.618 fibonacci extension of $1,789. It should be noted that upon breaking the horizontal resistance at ~$1,200, there is typically a retest of the horizontal as support. Overall, this pattern has many months yet to complete, but has begun to form and is worth watching.

On the weekly time frame, a powerful trend indicating system is Heikin-Ashi (HA) candles, which use open and close data from the previous period, and open and close data from the current period.

An open and a close above the previous period suggests strong momentum of the given trend. An open and a close within the bounds of the previous period suggests a slowing of trend. A color flip from green to red or red to green indicates the possibility of the beginning of a new trend and the end of the previous trend.

Depending on the exits and stops, the second consecutive green weekly candle after a red candle has been an excellent entry this entire trend. A bullish continuation is likely should two consecutive green weekly HA candles occur.

On the daily time frame, two indicators provide further details after a large drop: Ichimoku Cloud and Pitchfork.

Ichimoku Cloud uses moving averages and dynamic support and resistance to make projections of key zones, as well as capturing 80% of any given trend. As long as the price remains above the cloud, sentiment remains bullish. Price in the cloud indicates a neutral trend, and below the cloud indicates a bearish trend.

When the Tenkan (T) is over the Kijun (K) sentiment is bullish. K over T would indicate bearish sentiment. When the Lagging Span (LS) is above the cloud and above the price sentiment is bullish, below the cloud and price would indicate bearish sentiment. The best entry signals for the cloud occur when trend is obvious, but 1 or 2 of the signals have yet to become confluent with a higher timeframe trend.

Since the trend began in late 2015, price has only closed below the cloud once, in early August. This was due to selling pressure created when the Bitfinex hack became public knowledge. Within 35 days the trend corrected, and returned above the cloud. After this most recent 30% selloff, price was again at risk pf closing below the cloud, a bearish trend indicator.

Yesterdays candle closed as a dragonfly, which typically indicates that bearish momentum has been exhausted. Price also remains in the cloud which, is classified as a neutral trend indication. The TK lines are touching and uncrossed, a long exit signal if you were still long from the previous bullish TK cross on February 7th. As a whole, the indicator is signalling a trend reset, an opportune time for profit taking.

A bullish re-entry signal would include price above cloud, bullish TK cross, and LS above price and cloud. All of these conditions will probably take a month or more to complete. Including the OKCoin quarterly contract theory, it may take another three months of price stability before bullish momentum continues.

With the Pitchfork indicator, shown below on a Bitstamp, each diagonal of the Pitchfork can be thought of as a PRZ or support/resistance line. The upper blue diagonal zone being most overbought or the top bounds of the trend and lower blue diagonal zone being most oversold or the bottom bounds of the trend.

Price briefly closed in the lower bounds of the Pitchfork and is currently retracing closer to mean. The red median line remains the high probability target of the immediate move over the next few weeks.

When diagnosing the health of a trend, the 50 day and 200 day Exponential Moving Average (EMA) on the daily time frame is very valuable. Much like the Bitfinex hack and subsequent trend reset in August, price bounced from the 200EMA. Again, this suggests trend continuation over trend reversal.

Adding an oscillator to the mix, such as the Relative Strength Index (RSI), determines market momentum. Divergences occur when price action does not match momentum.

A bearish divergence is created when price makes a higher high but RSI does not. This suggests weakening of bullish momentum. A bullish divergence is created when price makes a lower low and RSI makes a higher low. This suggests weakening of bearish momentum.

Divergences suggest trend reversal, however, divergences can continue growing until the reversal becomes obvious and should be thought of as a lagging indicator.

There are hidden divergences, which require further explanation. A hidden bullish divergence is created when price makes a higher low and RSI makes a lower low. This indicates, despite an increase in bearish momentum, bearish pressure is being exhausted.

A hidden bearish divergence is created when price makes a lower high and RSI makes a higher high. This indicates, despite bullish momentum, bullish pressure is being exhausted. Over the course of this trend, hidden bull divergences on the daily time frame have been a strong indication of bullish continuation.

The current hidden bullish divergence holding would indicate strong bullish continuation from this point forward.

Lasty, on the four hour time frame, there is currently a completed and active bullish butterfly harmonic pattern. Harmonic patterns typically have a target zone of the 0.50-0.618 fibonacci retracement zone. A secondary target of the diagonal resistance from the previous double top is also a viable target.

BU hard fork fear, uncertainty, and doubt remains ever-present, until, if, or when it happens. Long term holders will see this as a price blip in the grand scheme of things, whereas risk-averse traders would do better staying out of the market for now, until BU, SegWit, or both are activated. With a 30% drop from all-time high, price is beginning to show signs of a bottom and trend reset. This may precede a period of relative stability over the next three months, followed by bullish continuation to $1,789-$2,100 by years end.

Excerpt from:
Bitcoin Price Analysis - Indications of a bottom - Brave New Coin

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