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Cloud computing offers a business the prospect of efficiency and savings by improving data storage capabilities and outsourcing computing resources that a business need not build for itself. But when data moves to the cloud, does this raise new troubles and make legal compliance more difficult? Or can it minimize risk and increase compliance with a dizzying array of global data privacy laws? How do cloud computing and data privacy compliance intersect?

Lowell Thompson of Genity, a US-based company, discusses in this podcast how a cloud computing service can address this challenge and opportunity. Using encryption technology, Genity offers what it describes as data security by default that aims to bypass data privacy laws of Europe, California, Canada, and other countries.

Major data breaches such as Equifax (2017) revealed weaknesses in internal business systems, in that case exposing sensitive personal information of 147 million people from several countries. As a business focused on data, a cloud provider must be attentive to cybersecurity and differing data privacy rules and so may be able to provide greater security and compliance than many businesses can expect of their own personnel and system.

When a business contracts with a cloud computing services provider, it should consider several key issues: consent of data subjects, security, control and supervision, and server location. If a server resides in a jurisdiction that requires data localization or requires sharing data with government authorities, this can complicate a business data issues. The contract between a business and cloud services provider merits careful review to determine whether proceeding minimizes or increases the risk of data breach and inadvertent violations of differing state and national data privacy rules.

Cloud computing has its benefits. But you dont want a cloud to turn dark with thunder and lightning. Explore the intersection of cloud computing and data privacy in this podcast. If you have ideas for more interviews or stories, please email info@thedataprivacydetective.com.

Originally posted here:

Data Privacy Detective Podcast - Episode 50 - Intersection Of Cloud Computing And Data Privacy - Lexology

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COVID19 Outbreak Cloud Computing in Education Breakdown Data by Type

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COVID19 Outbreak Cloud Computing in Education Market To Witness Huge Growth By 2025 | Netapp, Microsoft Corporation, Adobe Systems, NEC Corporation,...

Cloud Computing Market Research Report by Type (IaaS, PaaS, and SaaS), by Workload (Application Development and Testing, Business Analytics, Collaboration and Content Management, Database Management, and Enterprise Resource Management), by Industry - Global Forecast to 2025 - Cumulative Impact of COVID-19

New York, Aug. 08, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Cloud Computing Market Research Report by Type, by Workload, by Industry - Global Forecast to 2025 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p05913859/?utm_source=GNW

The Global Cloud Computing Market is expected to grow from USD 296,938.56 Million in 2019 to USD 657,755.20 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 14.17%.

Market Segmentation & Coverage:This research report categorizes the Cloud Computing to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Type, the Cloud Computing Market studied across IaaS, PaaS, and SaaS.

Based on Workload, the Cloud Computing Market studied across Application Development and Testing, Business Analytics, Collaboration and Content Management, Database Management, Enterprise Resource Management, Hypervisor & Edge computing, Integration and Orchestration, and Storage, Backup, and Disaster Recovery.

Based on Industry, the Cloud Computing Market studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.

Based on Geography, the Cloud Computing Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Company Usability Profiles:The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Cloud Computing Market including Alibaba, AWS, Google, Microsoft, Oracle, and SPA.

FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the Cloud Computing Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Competitive Strategic Window:The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

Cumulative Impact of COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.

The report provides insights on the following pointers:1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments

The report answers questions such as:1. What is the market size and forecast of the Global Cloud Computing Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global Cloud Computing Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Cloud Computing Market?4. What is the competitive strategic window for opportunities in the Global Cloud Computing Market?5. What are the technology trends and regulatory frameworks in the Global Cloud Computing Market?6. What are the modes and strategic moves considered suitable for entering the Global Cloud Computing Market?Read the full report: https://www.reportlinker.com/p05913859/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Cloud Computing Market Research Report by Type, by Workload, by Industry - Global Forecast to 2025 - Cumulative Impact of COVID-19 - Yahoo Finance

As businesses across the world become more reliant on the cloud, how can they upskill their workforce and develop cloud computing talent effectively?

It's time for businesses to think differently about how they develop their cloud computing talent.

The disruption caused by the Covid-19 pandemic has accelerated business dependence on technologies, such as the cloud.The dial was always moving in this direction, but now the global economy is increasingly reliant on the cloud to facilitate remote working and as a result, developing cloud computing talent must now be taken as a priority.

How to develop this talent should also change, with a greater focus on learning and culture, as opposed to the tradition of IT outsourcing.

Commenting on this trend, Simon Ratcliffe, principal consultant at hybrid IT services provider, Ensono, says: Cloud computing has challenged many of our long help preconceptions about IT. It has delivered flexibility, agility, freedom from capital expenditure, a safe world in which we can create an environment, experiment and tear it down again. So many of these changes, whilst driven by the underlying technology, mean we must think differently if we are to maximise the benefits.

A recent McAfee report found that 40% of large UK businesses expect their companies to be cloud-only by 2021, with 70% working towards being cloud-only businesses in the future.

Unfortunately, Fred Flack, head of talent academy at CloudStratex, points out that, still, many businesses fall into the trap of outsourcing their IT departments, wrongly believing this makes them digital.

He argues that this could not be further from the truth, as this digital knowledge is leased, and any advantage they enjoy from it will disappear when they can no longer afford to pay, putting them right back at square one.

As more businesses embrace a cloud-only model, which is accelerating in the wake of the Covid-19 pandemic, they have a duty of responsibility to their employees to keep them upskilled or even reskilled where necessary, according to Flack.

This does not mean paying lip service to digital training, but prioritising the development of cloud computing talent within the corporate strategy.

Flack suggests that this involves making appropriate digital hires where possible, despite the difficulty of finding talent given the current skills shortage.

He points out that another option is to employ IT training organisations who can educate and qualify staff in the first instance, with the aim of creating an internal digital knowledge hub and culture that encourages good practice and ultimately digital autonomy.

DevTeam.Space takes a look at what benefits cloud computing can provide for companies, including storage capabilities and cost. Read here

As cloud computing evolves, it will become something that more closely resembles a software development role, rather than an IT support role.

Theres still a skills crossover they need knowledge around hardware, infrastructure and be able to trouble shoot, but businesses looking for cloud computing talent are essentially looking at developer roles.

Commenting on this changing role, Simon Utting, COO at Amito, says: With the cloud environment becoming increasingly complex feature-wise, staying ahead of competitors, maintaining platforms and scaling requires consistent automation. This brings us back to coding. Make sure your team is on a pathway of continually developing these skills. Theres a huge gap around Linux talent right now so were looking at how we can plug that, given 65% of our client base run on it.

Another shift is tying security into your cloud talent development its going to be huge in the next couple of years as cyber security becomes more sophisticated your team needs to know how to respond to it effectively. Theres a major learning curve ahead.

Your business is so important and you need to do what you can to ensure you are running it the best way you possibly can. That means you need to think about what you can do to make the company more efficient and successful. Read here

Similar to Flack, Utting also emphasises the importance of creating a culture of lifelong learning in his cloud business.

Certifications help set a benchmark for a conversation, but we tend to verify during interviews. Personally, Im far more interested in curiosity, a desire to solve a problem, being self-starters this talent goes much further as you develop it, he adds.

Sean Farrington, SVP EMEA at Pluralsight, also believes that developing and maintaining cloud computing skills once talent is in place is a challenge. Businesses need the ability to accurately map skill levels and proficiencies within teams and put in place tailored learning pathways to address knowledge gaps, he says.

Success in thisrequires a reassessment of how learning is undertaken. Pluralsight, for example, found that 40% of IT professionals prefer learning online, either through self-paced or instructor led courses, rather than in classroom-based setups.

Commenting on this, Farrington adds: Companies are nothing more than the sum of their parts, and so business leaders must listen to the needs of their employees and implement an appropriate learning environment. In this case, the ability to upskill on demand and in bite-sized chunks is likely to keep cloud computing talent motivated, current and project-ready.

Ratcliff agrees that as businesses adapt their culture to embrace the cloud, they must also adapt their approach to developing the talent.

He says: It is no longer enough to produce a list of technical requirements and pattern match applicants to skills. We must adopt a far more people-centric approach to recruitment and development right across the organisation. The speed, agility and freedom to fail provided by the cloud are worthless without an underlying culture that accepts this.

Pointing to the other half of the battle with developing cloud computing talent, Farrington suggests that cloud computing roles can be neglected in favour of more glamorous jobs in AI development or cyber security.

He continues: Half the battle with developing cloud computing talent is showing bright employees that there is a long, enriching career in the cloud. As technology leaders, we must show them that the cloud is the engine room for tomorrows innovation; helping build our smart cities by underpinning big data, AI, IoT or 5G applications.

Ratcliffe believes that because cloud technology evolves at such pace, looking for technical skills is a redundant exercise.

Instead, he suggests businesses and the wider community build a talent pool with a blend of individuals that promotes diverse thinking and a passion to learn new things constantly.

The days of a couple of technical courses a year for staff are long gone. Learning is constant, consistent, on the job and flexibility needs to be built into the culture to allow for this, he adds.

Read more here:

It's time to think differently about how to develop cloud computing talent - Information Age

The EU is forming an alternative to US and Chinese cloud platforms called Gaia X. This effort will fail on so many fronts. It reminds me of Australias National Broadband Network (NBN) which still struggles for viability after spending an estimated $51 billion.

An idea for a new cloud platform

This CRN article reports: According to Germany's Federal Ministry for Economic Affairs and Energy, the Gaia-X cloud computing platform is expected to be ready to launch in early 2021. That would be a remarkable time frame although admittedly you can assemble a couple of racks of bare metal servers and run virtualized services on them in short order. But can you create the equivalent of AWS? Never.

Just look at the relative size of the major cloud providers. The combined market cap of the four largest cloud companies, Amazon, Microsoft, Google, and Alibaba is $4.8 trillion (1.569+1.578+1.001+.685). For comparison the GDP of the largest member of the EU, Germany, is $3.9 trillion. (I know, false equivalence, but I dont know how to calculate a market cap for a country.)

Admittedly, Airbus, a similar venture partnership between government and industry, has succeeded in creating and supporting an aerospace industry in Europe. It has not been a commercial success of course. One can make the argument that having a viable aerospace industry is critical to national security and therefore creating and operating a money losing business is still worth it. Can the same argument be made on the grounds of data privacy? I would argue no, especially when the real purpose is actually the opposite.

The era of digital mercantilismor, as the East West Institute calls it, Tech Nationalismwas ushered in after Edward Snowden revealed the extent of the NSAs digital tentacles as it reached into as many data sources as it could to collect everything. The blowback was predictable and is destined to harm the US dominance of the technology sector. Also revealed by Snowden was the vast partnerships between the NSA, the rest of the Five Eyes, and Sweden, Germany, and others. They too were beneficiaries of the NSAs systematic Hoovering of the worlds data.

The EU General Data Protection Act (GDPR) was crafted and enacted in the wake of Snowdens revelations. But note the carve out in GDPR for law enforcement data records and government agencies. Lets face it. Every intelligence agency wants to emulate the US and not be beholden to the NSA for favors in exchange for being able to tap into its data stores in Utah.

The three tech giants that own most of the cloud platform business in the US are rabidly competitive. Yes, we dont know the full extent of their relationship with the Intelligence Community. There is even a mechanism which, in the hands of an overly aggressive regime, could be abused: that of national security letters whereby the subject of a demand for data cannot even reveal the existence of the letter. But their business would be drastically harmed if they were discovered to be providing backdoors to the FBI or NSA and they resist such efforts with lobbying and teams of lawyers.

Organizations in the EU should be as leery of working with the US cloud providers as they would be with Chinese cloud providers. But there is an argument to be made against having a domestic cloud platform. Your own government, which has much more interest in your data than a foreign government does, could have unfettered access to your data. From a privacy perspective the people with the power to abuse your private data are your own government, not China.

The answer is not to trust any cloud provider. This is what the term zero-trust meant originally. You encrypt all of your data before it goes to the cloud and you protect the encryption keys with multiple layers of defense. Do the job right and you will know when a government agency wants your data. They will demand the keys or, if it is a foreign agency, they will attempt to steal your keys.

Read the original here:

Can The EU Create Its Own Cloud Platform? - Forbes

New Jersey, United States,- The most recent SaaS Cloud Computing Market Research study includes some significant activities of the current market size for the worldwide SaaS Cloud Computing market. It presents a point by point analysis dependent on the exhaustive research of the market elements like market size, development situation, potential opportunities, and operation landscape and trend analysis. This report centers around the SaaS Cloud Computing business status, presents volume and worth, key market, product type, consumers, regions, and key players.

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Cloud Computing Security Software Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2025 - Chelanpress

Its been more than a year since Capital One Financial said it had suffered a data breach that exposed the personal information of 106 million customers, but the lessons from the episode are as timely as ever.

The $80 million penalty assessed by the Office of the Comptroller of the Currency on Thursday against the McLean, Va., company for its security lapse highlights how serious a regulatory risk data-integrity issues are especially those involving cloud computing.

The hack was allegedly carried out by Paige Thompson, a former software engineer at Amazon Web Services, who broke into Capital One's servers in Amazon's cloud through a misconfigured web application firewall. Thompson was arrested and awaits trial on charges of hacking Capital One and 30 other organizations.

Banks continue to put sensitive data in the cloud, especially as digital services have risen in popularity during the pandemic. The incident and its aftermath offer banks a watchlist of precautions that have become clearer with the passage of time, say academic and information security experts interviewed for this story.

Here are six steps banks can take to strengthen their data defenses.

Thompson gained access to the Capital One data through an insecure web application firewall.

Jim Reavis, co-founder and chief executive of the Cloud Security Alliance, said Capital One used open-source software to build its firewall to the servers.

Open-source software in and of itself is not dangerous, he said. All of corporate America uses open-source software of different types and flavors, he said.

But this firewall had a misconfiguration that the attacker used to conduct a server-side request forgery, which enabled her to obtain privileged identity credentials.

Maintaining security updates on open-source software is as important as it is on proprietary software, Reavis said.

Capital One did not immediately respond to a request for comment Friday, but a day earlier, after the OCC penalty was announced, the company said it takes data security seriously and had controls in place at the time of the breach that helped authorities make an arrrest.

"In the year since the incident, we have invested significant additional resources into further strengthening our cyber defenses, and have made substantial progress in addressing the requirements of these orders," a company spokesperson said in an email to American Banker.

A combination of automation and human review can be used to check and double-check the security of software code, said Steve Rubinow, a computer science faculty member at DePaul University and former chief information officer of the New York Stock Exchange.

In any security space, the weakest link is human because we humans make mistakes, Rubinow said. Even the smartest of us, the most capable of people with the best track records are capable of making mistakes.

Thompson was an insider: She had worked at AWS on the Capital One account.

Reavis said companies need to pay more attention to administrator accounts, sometimes called God access accounts, that give insiders carte blanche access to everything. And they should and apply dual key systems, so administrators cant access elevated privileges on their own.

Companies ought to employ a principle of least privileges so when a credential is stolen, as in this case, they can reduce the harm caused, Reavis said.

Capital One made some mistakes with authentication, Reavis said.

Multifactor authentication is a great way to take a lot of different types of successful attacks and cause them to have no negative consequences, he said.

Capital One does use multifactor authentication a lot, Reavis said. But on back-end systems like this one, its use is uncommon.

That's changing you're seeing more organizations thinking of identity more holistically, Reavis said. They're thinking of identity of devices, identity of applications, identity of data stores, and then extending their identity management and authentication strategies across the board.

Capital One did respond quickly and effectively to the breach, such that the hacker was caught right away and the data was rapidly secured.

In addition to a strong incident response, Capital One notified customers of the breach promptly.

It likely reduced their fine significantly, Reavis said.

Throughout the past year, Capital One has been in a court battle to keep private an investigative report it hired the security firm Mandiant to write about the breach. But recently, a court required Capital One to share the report with the plaintiffs' attorneys in a class action.

An incident analysis or forensics type of report is going to have a lot of sensitive information that might expose additional vulnerabilities and threat vectors, Reavis said. I understand the sensitivity. But organizations need to be very frank about how their systems are configured and tested to make sure they're secure in the first place and be very transparent about how incidents are handled, how the systems are governed.

Mark Bower, senior vice president with the data-security company comforte AG, makes a point regulators have been making for years: Companies cant outsource security to vendors, especially cloud vendors.

The signal is very clear: The often-referenced shared responsibility cloud model means naught when its your data, Bower said. You are responsible and accountable, and will pay the price if gaps are exploited.

Rubinow echoed this point.

There have been a number of companies in the past that have so much respect for Amazon or whoever their cloud provider is that they say, if I just put my computing assets in their cloud, they will secure them for me because they're really smart people and they do it at scale, he said.

I always have to remind those people that they don't secure everything. And at the end of the day, these are your applications. This is your data. You need to be vigilant and safeguard them, because no one's going to care about them as much as you are, and it's still your responsibility.

View post:

Capital One fine is latest wake-up call for banks using the cloud - American Banker

Cloud computing doesnt just allow banks and financial institutions to benefit from improved agility and costs savings, it also enables them to move closer to platformification, a model set to govern the banking landscape of the future, Tom Eck, global chief technology officer at IBM said in a conversation with fintech influencer Jim Marous.

During a Banking Transformed podcast hosted by Marous in July, Eck stressed the imperative for banks and financial institutions to embrace cloud technology and truly prepare themselves for the new era in banking.

The cloud allows banks [and any financial institution] to reinvent themselves as platforms, Eck said. A platform to me is when an entity, an institution, a bank, makes its services, plus the services of its ecosystem partners, simple to consume.

Tom Eck

Im a firm believer that the platformification of just about any industry makes sense, and that the cloud is the necessary underlying platform.

Advances in technology, changing consumer behavior, and new regulations aimed at stirring innovation in banking, have led to the rise of fintech. These tech-enabled players are now rapidly gaining ground and setting new standards in usability, championing digital-first customer experience. And with COVID-19 accelerating digital transformation, now is the time for banks and financial institutions to step up their game and rethink their business.

[COVID-19] has made [digitalization] even more imperative, Eck said. I think that the gulf between the haves and have-nots, [when it comes to adopting cloud computing], will really [be determinant of their future success]. Doing nothing has a risk of its own.

With COVID-19 forcing companies to adopt remote working, cloud providers have witnessed significant traction. Just a few weeks ago, Amazon Web Services struck a big new deal with HSBC, and Google announced partnerships with Goldman Sachs and Deutsche Bank.

The pandemic has also accelerated the trend towards digital banking with Dutch group ING stating in July that it would close a quarter of its branches.

For Eck, cloud computing will be the foundation for the ecosystem model, where banks and financial institutions will be required to partner with third-parties to provide a more holistic experience with services that extend beyond financial services.

Citing the example of mortgages, Eck explained the reasoning behind this emerging trend:

Nobody wants to obtain mortgage. People want to buy a house. [A mortgage] is just a necessity, its just one piece of it. They also have to worry about turning on the utilities, getting a moving company, getting insurance, etc.

So imagine if the bank became the hub for all those things, and the consumer would only need to onboard themselves once to the platform. All the know-your-customer (KYC), anti-money laundering/combating the financing of terrorism (AML/CFT) checks would be done once and would be shared securely, with the consumer allowing it to happen It would be a much more fluid user experience.

Banks need to transform from being a financial institution to being [an entity that] offers services. [After all], they are there to serve their clients. And money and the transfer of money [happen to be] behind everything. So lets bring all these things into the mix and make it more convenient.

Although the benefits of cloud computing might be obvious for many, some financial institutions are still reticent in moving some of their businesses onto the cloud.

Banks are in the business of risk management. Moving to a completely new environment, especially public cloud, [gives rise to] many concerns. Some of those threats are real but some are just perceived, Eck said.

There must be education. Regardless of all the technology in the world it still comes down to people. We still need to convince people so that decision-makers understand why if [they] go and move some of [their] sensitive network to [the] cloud, [they] will be able to sleep at night.

Unlike incumbents, which have a deep ingrained legacy culture and which are highly risk averse, for fintech startups, cloud is the obvious choice since the technology allows them to be agile, scale quickly and develop sophisticated solutions for their customers, Spiros Margaris, a venture capitalist and the founder of margaris ventures, said during the podcast.

Cloud is a beautiful offering for those startups to [access and] use cutting-edge technology and be able to scale and become more successful,

Margaris said.

For startups, its very clear that cloud is the way to go. [They] need to build things that make [them] unique. If someone offers something that does it better, why not use it? Thats the whole purpose of these companies: use the best services available to provide [their] customers with a better user experience and better services.

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Cloud Computing as the Foundation for Platform Banking | Fintech Schweiz Digital Finance News - Fintechnews Switzerland

New Jersey, United States,- The most recent Healthcare Cloud Computing Market Research study includes some significant activities of the current market size for the worldwide Healthcare Cloud Computing market. It presents a point by point analysis dependent on the exhaustive research of the market elements like market size, development situation, potential opportunities, and operation landscape and trend analysis. This report centers around the Healthcare Cloud Computing business status, presents volume and worth, key market, product type, consumers, regions, and key players.

The COVID-19 pandemic has disrupted lives and is challenging the business landscape globally. Pre and Post COVID-19 market outlook is covered in this report. This is the most recent report, covering the current economic situation after the COVID-19 outbreak.

Key highlights from COVID-19 impact analysis:

Unveiling a brief about the Healthcare Cloud Computing market competitive scope:

The report includes pivotal details about the manufactured products, and in-depth company profile, remuneration, and other production patterns.

The research study encompasses information pertaining to the market share that every company holds, in tandem with the price pattern graph and the gross margins.

Healthcare Cloud Computing Market, By Type

Healthcare Cloud Computing Market, By Application

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A brief overview of the regional landscape:

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Healthcare Cloud Computing Market 2020 Size by Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies and Forecast to 2027...

With service differentiation, followed by a rise in multi-cloud popularity, over the past ten years, the third wave of cloud is coming, according to Lori MacVittie, principal technical evangelist at F5 Labs

The cloud landscape is set to see further evolution.

There is an ebb and flow to technology cycles, and the same goes for cloud. Weve seen two very strong cycles over the past ten years, and it appears that a third wave is beginning to crest.

In the first wave, organisations sprinted to the cloud, lured by the promise of cost savings and business agility. As cloud adoption grew, providers moved to differentiate through a variety of services and specialties. AWS is definitely an eCommerce powerhouse, perfect for apps that need to integrate into commerce ecosystems. Azure has a lock on traditional and database-driven applications, perfect for supporting applications built with Microsoft technologies and toolsets. Google, meanwhile, remains a developers dream, encouraging experimentation and innovation, and supporting the very latest protocols, platforms, and services.

This ultimately drove a second wave of cloud, resulting in an increased popularity for multi-cloud environments. As each provider catered to slightly different applications, organisations responded by choosing the right cloud for the application. The average enterprise today, according to our research, operates applications in two to six different public cloud environments.

Organisations that have been operating in the cloud for some time now have begun to rebel against its significant operational costs that can drive down profit margins and upset investors. Often referred to as cloud repatriation, we now see that a non-trivial percentage of large enterprises are leading the third wave of cloud out of the public space and back to the data centre and, one assumes, to a private cloud (86.5% of organisations operate one on-premises).

Darren Fields, vice-president, networking EMEA at Citrix, identifies three key challenges separating organisations from successful cloud migration. Read here

At the heart of these waves lies a common concern over costs. Organisations want to maximise return on their investment in applications. As they progress through the phases of digital transformation, the number of applications in the enterprise portfolio are growing, often exponentially. Cost becomes a significant inhibitor to expansion of the digital capabilities demanded by convenience-hungry consumers. Each application must provide a return either in productivity gains or profit.

That cost factor is significant when you begin to examine the enterprise app portfolio and recognise that the majority of applications in service and thus, in the public cloud were not designed to take advantage of the economies of scale innate to the cloud model. The bulk of applications in service today are based on traditional architectures, and not on the more cloud-inspired containerised model.

Applications that are developed using modern architectures are inherently more capable of realising the cost savings promised by cloud computing. Cloud-native architectures focus on the disaggregation of workloads based on business function into smaller, more discrete functions often referred to as microservices and thus are more operationally capable of taking advantage of cloud economies of scale. The consumption of resources at scale of a cloud-native application when compared to a traditional application is significantly lower because only those business functions in demand are scaled, rather than all of them. For example, one large retailer recently told us they replaced 200 siloed and redundant apps with a single microservice that performed the same business function. This decreased complexity, improved reliability, and lowered costs.

Patrick Callaghan, enterprise architect at DataStax, discusses how CIOs and CDOs can manage microservices applications with data. Read here

Additionally, cloud-native architectures are innately more portable between cloud entities, allowing organisations to drive towards a future where cloud arbitrage is real and offers compelling cost savings for those able to harness it. Investing in application services and architectures capable of operating in any environment will ensure a smoother migration from one environment to the next. Relying on a consistent set of application services decoupled or loosely coupled with the underlying infrastructure also eliminates a significant source of cost associated with cloud computing: cloud specific tools, services, and skills.

Consider this theoretical example. Imagine an enterprise has a cloud-native application that was prototyped in AWS. The developers incorporated AWS application services like load balancing, web application firewalling (WAF), and Kubernetes Ingress. The app is successful, so it is turned on, and begins serving live traffic and customers. Then, as the app grows in functionality, the company realises that part of it needs to be deployed in Azure. This same app still requires load balancing, WAF, and Kubernetes, so developer and DevOps teams must dedicate time to deploy, configure, and maintain those Azure-specific services. At this point, the enterprise has experienced the first two waves of cloud adoption moving to the cloud for agility and then going multi-cloud. Now imagine the company has built up familiarity and expertise around managing cloud-native apps. The economics favour bringing the app on-prem, either partially or entirely. The company is in the third wave of cloud adoption, and needs yet another round of deployment, configuration, and maintenance of its on-prem app services.

This month, Information Age has been exploring DevOps: the practice that combines software development and IT operations to speed up the delivery lifecycle, while improving quality. Here, we provide the ultimate guide. Read here

Cloud providers will no doubt respond to this third wave with compelling services and ecosystem advantages that will draw enterprises to redeploy in public cloud again, kicking off a fourth wave of cloud adoption.

Ultimately, almost every organisation operates in an accidental multi-cloud model. We expect the trend of cloud repatriation will only accelerate this phenomenon. A better approach than all or nothing is a strategic one that invests in the right application services to enable a best cloud for the business choice in the future.

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The third wave of cloud is cresting - Information Age

The 'Cloud Computing in K-12 Industry market' study Added by Market Study Report, LLC, provides an in-depth analysis pertaining to potential drivers fueling this industry. The study also encompasses valuable insights about profitability prospects, market size, growth dynamics, and revenue estimation of the business vertical. The study further draws attention to the competitive backdrop of renowned market contenders including their product offerings and business strategies.

The Cloud Computing in K-12 Industry market report provides a granular assessment pertaining to the key development trends and dynamics impacting this industry landscape over the analysis timeframe. It offers significant inputs with respect to the regulatory outlook as well as geographical landscape of this business space. The study also elaborates on the factors that are positively influencing the overall market growth and encloses a detailed SWOT analysis. Additionally, the document comprises of limitations & challenges impacting the future remuneration and y-o-y growth rate of this market.

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The report offers an in-depth analysis of the competitive landscape alongside raw materials and downstream buyers of Cloud Computing in K-12 Industry market. Moreover, the study assesses the effect of COVID-19 pandemic on the growth opportunities of this industry vertical.

Expanding on the regional analysis of the Cloud Computing in K-12 Industry market:

Elaborating on the competitive landscape of Cloud Computing in K-12 Industry market:

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The report answers important questions that companies may have when operating in the global Cloud Computing in K-12 Industry market. Some of the questions are given below:

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Comprehensive Analysis on Cloud Computing in K-12 Industry Market based on types - GroundAlerts.com

The Global Cloud Computing Service Market 2025 Market Research Report is a professional and in-depth study on the current state of the Cloud Computing Service . Development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and figures as well as cost, price, revenue and gross margin by regions North America, Europe, Asia-Pacific, Middle East and Africa and other regions can be added.

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The Cloud Computing Service market is reportedly forecast to accumulate quite an appreciable remuneration portfolio by the end of the projected timeline, as claimed by this research study. Including important parameters with regards to the market dynamics encompassing the diverse driving forces impacting the commercialization graph of this business vertical and the risks prevalent in this sphere, the Cloud Computing Service market report also mentioned the various growth opportunities in this industry.

Enumerating some of the most important pointers addressed in the report:

, has been elucidated in the report, in appreciable detail.

, in conjunction the market share accounted for, by every application.

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.

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The Cloud Computing Service market research study, in its entirety, is an in-depth analysis of the business vertical in question, that has been projected to record a laudable annual growth rate over the projected timeline. Constituting a precise evaluation of the dynamics pertaining to this marketplace, the Cloud Computing Service market report aims to provide valuable insights concerned with industry deliverables like valuation forecast, market size, sales volume, and the like.

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Cloud Computing Service Market SWOT Analysis of Top Key Player & Forecasts To 2025 - eRealty Express

A new particular insight report distributed by MarketResearch.Biz with the title Worldwide Healthcare Cloud Computing Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2029 (Based on 2020 COVID-19 Worldwide Spread) can help the leaders in the most significant market on the planet that has assumed an altogether significant job in having a dynamic effect on the worldwide economy. The Global Healthcare Cloud Computing Market Report presents and features a crucial vision of the worldwide situation as far as market size, advertising possibilities, and competitive environment. The examination is subordinate from primary and secondary factual information and comprises of a subjective and quantitative investigation of the business and key players.

The most recent report incorporates the Impact of Coronavirus on the Healthcare Cloud Computing Industry, which remembers for Industry Upstream, Industry Downstream, Industry Channels, Industry Competition, lastly on Industry Employment

Get PDF Sample Copy of this Report to understand the structure of the complete report: (Including Full TOC, List of Tables & Figures, Chart)https://marketresearch.biz/report/healthcare-cloud-computing-market/request-sample

Healthcare Cloud Computing MarketKey Players: CareCloud Corporation, ClearData Networks Inc, athenahealth Inc, Cerner Corporation, Epic Systems Corporation, NextGen Healthcare Information Systems LLC, Carestream Health Inc, Dell Inc, DICOM Grid Inc

Covid-19 Scenario:

COVID-19 can impact the worldwide economy in three different ways: by straightforwardly affecting creation and request, by making flexibly chain and market interruptions, and by financially affecting organizations and budgetary markets. The emission of COVID-19 has suggestions for some perspectives, for example, flight undoings. Travel bans and isolates; Restaurants shut; every Indoor Event confined; more than forty nations pronounced a highly sensitive situation; huge flexibly chain log jam; securities exchange instability; falling business certainty, developing panic in the population and vulnerability about future.

Purpose behind purchasing Healthcare Cloud Computing Market report:

What the Healthcare Cloud Computing statistical surveying report fundamentally comprises of?

To Know More About How The Report Uncovers Exhaustive Insights | Enquire or Speak To An Expert Here:https://marketresearch.biz/report/healthcare-cloud-computing-market/#inquiry

Scope of the report and key features

The report catches extensive information and data on past and present Healthcare Cloud Computing market execution, with figure see for the following 5 years. The report is organized as graphs, pie-graphs, tables, figures to give a simple comprehension of the Industry to our perusers. The serious investigation and systems will help the organizations and related Healthcare Cloud Computing Industries to infiltrate the development internationally. The Healthcare Cloud Computing creation procedures, advancement plans and approaches, the estimating structure is contemplated. The flexibly request insights, benefits, utilization proportion, net edge, shopper base are additionally broke down.

Key Takeaway:

Major Point of TOC:

Part I Healthcare Cloud Computing Industry Overview

Chapter One: Healthcare Cloud Computing Industry Overview

Chapter Two: Healthcare Cloud Computing Up and Down Stream Industry Analysis

Part II Asia Healthcare Cloud Computing Industry (The Report Company Including the Below Listed But Not All)

Chapter Three: Asia Healthcare Cloud Computing Market Analysis

Chapter Four: 2015-2020 Asia Healthcare Cloud Computing Productions Supply Sales Demand Market Status and Forecast

Chapter Five: Asia Healthcare Cloud Computing Key Manufacturers Analysis

Chapter Six: Asia Healthcare Cloud Computing Industry Development Trend

Part III North American Healthcare Cloud Computing Industry (The Report Company Including the Below Listed But Not All)

Chapter Seven: North American Healthcare Cloud Computing Market Analysis

Chapter Eight: 2015-2020 North American Healthcare Cloud Computing Productions Supply Sales Demand Market Status and Forecast

Chapter Nine: North American Healthcare Cloud Computing Key Manufacturers Analysis

Chapter Ten: North American Healthcare Cloud Computing Industry Development Trend

Part IV Europe Healthcare Cloud Computing Industry Analysis (The Report Company Including the Below Listed But Not All)

Chapter Eleven: Europe Healthcare Cloud Computing Market Analysis

Chapter Twelve: 2015-2020 Europe Healthcare Cloud Computing Productions Supply Sales Demand Market Status and Forecast

Chapter Thirteen: Europe Healthcare Cloud Computing Key Manufacturers Analysis

Chapter Fourteen: Europe Healthcare Cloud Computing Industry Development Trend

Part V Healthcare Cloud Computing Marketing Channels and Investment Feasibility

Chapter Fifthteen: Healthcare Cloud Computing Marketing Channels Development Proposals Analysis

Chapter Sixteen: Development Environmental Analysis

Chapter Seventeen: Healthcare Cloud Computing New Project Investment Feasibility Analysis

Part VI Global Healthcare Cloud Computing Industry Conclusions

Chapter Eighteen: 2015-2020 Global Healthcare Cloud Computing Productions Supply Sales Demand Market Status and Forecast

Chapter Nineteen: Global Healthcare Cloud Computing Industry Development Trend

....For Detailed InformationClick Here For Complete TOC

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Report Caption: Report On Healthcare Cloud Computing Market With Top Key Players | Pandemic Impact On Supply Chain Analysis and Forecast 2029 -...

It's another busy week for earnings reports, with many businesses providing updates for a period that encompassed the worst of the COVID-19 lockdown and accompanying economic downturn.

It's now abundantly clear that many companies were woefully underprepared. Some were completely behind the digital curve, while others were laden with debt and slim on cash.

But three recent report cards stand out from the crowd: Arista Networks (NYSE:ANET), Twilio (NYSE:TWLO), and Disney (NYSE:DIS). Here's why all three are benefiting from long-term technology trends reinforced during the pandemic.

Image source: Getty Images.

Riding over a decade of rapid growth in cloud computing from giants in the industry like Amazon and Microsoft, Arista Networks' prospects have taken a negative turn in recent years. The infrastructure needs of cloud titans are starting to slow. Arista's revenue has consequently also ebbed, even starting to contract late in 2019. An expected slowdown in spending from many of its customers during the pandemic didn't help matters. Shares have been languishing in volatile sideways action for over two years now.

But Arista's second-quarter report came as a small but positive surprise. While revenue declined 11% from a year ago to $541 million, it represented a sequential increase of 3% over the first quarter and beat management's own guidance. Amid the broad adoption of work-from-home policies and a renewed shift toward the cloud for enterprise use, the company reported a rebound in demand during the period.

Prospects for more cloud and networking infrastructure upgrades loom in the coming years, especially for smaller organizations. Some organizations are still using ancient dot-com era equipment stuffed in coat closets. Arista's Cognitive Campus service, which is geared toward replacing legacy on-premises business networks with new cloud-based operations, did $100 million in sales in its first year. Management is optimistic that figure will double within another five years or so.

Also on the way is 400G networking hardware, which will begin shipping late this year and into next and could prompt an eventual upgrade cycle in existing data centers. Even in lean times, Arista remains highly profitable, generating an adjusted income profit margin of 27% in Q2. With $2.78 billion in cash and equivalents, zero debt, and traffic across the web and cloud not abating anytime soon, the long-term potential for Arista remains intact.

Next up is customer experience software firm Twilio. I've been critical of Twilio in the past, like after it took over email management outfit SendGrid in early 2019 for $3 billion. But I changed my tune toward the end of last year as the company digested its expensive takeover and demonstrated strong growth in the nascent cloud-based communications and customer experience industry.

That thesis has been borne out in grand fashion in recent months. COVID-19 has shoved the world down the digital path, and many organizations have had to accelerate their adoption of new ways to stay in touch with their customers -- from chats and video conferences to new tech-enabled call centers. As a result, Twilio's revenue is up 51% through the first half of 2020.

To be sure, this is an expensive stock after the Q2 report. Shares are currently trading for 20 times one-year forward revenue, a price tag that assumes double-digit expansion will continue for the foreseeable future (with profitability being a concern much later). But Twilio is well-positioned to capitalize on its opportunity, having $1.9 billion in cash and equivalents and $471 million in convertible debt on the books at the end of June. After the last report, Twilio announced it will raise an additional $1.25 billion in cash via issuance of new stock. With a current market cap of $38 billion, the fresh infusion of liquidity could go a long way toward Twilio's expansion without diluting existing shareholders too much.

Cloud and customer experience spending is expected to grow near an 18% per year rate through most of the next decade. As communications continue to move online, Twilio's upside could be far from over.

To say Disney had a great spring 2020 would be incorrect. But considering the current state of affairs for the travel and entertainment industry, things could have been a lot worse. In fact, while sales were down 42% from 2019 to $11.8 billion, Disney is still sporting a top-line gain of 0.3% through the first three quarters of its current fiscal year. While operating income is down 34% on the year after the latest report, Disney is still shockingly profitable, with $7.5 billion in operating income.

With the worst of the crisis hopefully in the rearview mirror, it's time to start thinking seriously about Disney's long-term growth again. With its parks operating on a limited basis and movie theaters shuttered, this mouse has quickly adjusted to a world of web-based entertainment. TV subscriptions totaled 101.5 million at the end of June, with 57.5 million of those subs for Disney+.

Speaking of Disney+, the company will test the waters with a premium direct-to-consumer offering of the live-action Mulan blockbuster hopeful. Starting Sept. 4, subscribers can view the film for $29.99, with the movie going to theaters in markets where the streaming service isn't yet available and where cinemas are open.

It will be fascinating to test consumers' willingness to forgo the silver screen and instead watch feature films from their couches. Given the pre-pandemic cost of taking a family of four to the movies, I'm optimistic that Disney and its fans will embrace this new era of entertainment.

Add in the resumption of live sports (basketball, and, for the moment, baseball), and it's looking like Mickey may have endured another crisis and will begin rebuilding from here on out. The company is laden with $64.4 billion in debt, but has ample liquidity, with cash and equivalents of $23.1 billion. Already starting to turn the corner on the bottom line, Disney is in much better shape than I expected after the last quarterly update. It remains one of my core holdings.

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3 Stocks to Buy as the Internet Continues to Evolve During the Pandemic - The Motley Fool