The Channel just got a huge boost, as now over 600 million people in Southeast Asia can access an array of mission-critical cloud services through Ingram Micro Clouds (IMC) vast online marketplace.

This is good news for Southeast Asia a region that has experienced steep growth in recent years across all sectors, so with this this recent expansion, resellers in Singapore, Indonesia, Malaysia, and Thailand will now have access to Google Cloud Platform (GCP), Google Workspace, and Chrome Enterprise through Ingram Micro Cloud. Needless to say, this latest expansion is a major achievement for the global cloud community as a whole.

Ingram Micro Cloud is incredibly excited to partner with Google Cloud, and in turn provide our reseller partners across Southeast Asia with exclusive access to our Google Cloud Platform, Google Workspace and Chrome Enterprise portfolio. Victor Paradell, executive director, cloud channel sales, emerging markets at Ingram Micro Cloud said

As the cloud becomes more pertinent to everyday life, and inseparable from the way business is conducted, enterprises and small businesses alike are becoming more dependent upon hyperscale platforms to scale. With that, IMCs latest foray into rapidly growing Southeast Asia is focused on spreading Google Cloud offerings into the new territory.

Channel partners in the region will benefit from the strength of this collaboration to capture significant growth opportunities across Googles end-to-end cloud services offerings, Paradell added.

Having first been launched in the US, UK, Canadian and French markets, this latest expansion into Southeast Asia bolsters IMCs global offering by providing partners with new ways to leverage Google Cloud Platform (GCP, Google Workspace and Chrome Enterprise) to grow their businesses.

To ensure the success of this new venture, Google Cloud and Ingram Micro Cloud are currently providing channel partners with the skills and insight they need to manage the needs of end customers and grow their base. This comes as a wider partner growth initiative meant to enable and support new GCP, Google Workspace and Chrome Enterprise practices across Ingram Micro Clouds continuously growing partner network to provide end-to-end engagement for the end customers of systems integrators (SIs) and independent software vendors (ISVs) who comprise the fabric of the vast cloud community.

As a result of this expanded relationship with Google Cloud, Ingram Micro Cloud expects its vast partner network to have new opportunities to meet customer needs, while expanding their IaaS businesses.

The great news is, despite the current economic downturn, the global IaaS market is booming, with Gartner reporting 40.7% growth in worldwide IaaS public cloud services in 2020 and market researchers predicting that the industry will reach $74.63 billion by 2025.

This surge in cloud deployments means that the need for highly-skilled partners to advance our customers digital transformation goals has never been greater, said Ruma Balasubramanian, managing director, Southeast Asia at Google Cloud.

Theres no signs of a slowdown in the cloud computing and IaaS industry, which means channel partners can continue to build their networks, scale, and open up new markets.

This article includes a client of an Espacio portfolio company

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Ingram Micro Cloud and Google partner to give Southeast Asian companies a boost - The Sociable

Image: Shutterstock

Spending on cloud services is about to hit another key tipping point, as business customers spent $18.3 billion on cloud computing and storage infrastructure in the first quarter (Q1) of 2022, up 17.2% year over year.

The total includes budgets on shared and dedicated infrastructure. A major driver of growth was spending on shared cloud infrastructure, which made up $12.5 billion (68%) of the total. That sub-category was also up 15.7% compared to Q1 2021, according to tech analyst IDC.

With growing demand for shared cloud spending in particular, IDC expects spending on shared cloud infrastructure to overtake non-cloud spending in 2022 -- for the first time.

IDC has been monitoring relative spending between cloud and non-cloud infrastructure to measure the change in purchasing of traditional data center compute, storage equipment and IT infrastructure in public clouds from Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and others such as Digital Ocean.

SEE: What is cloud computing? Everything you need to know about the cloud explained

The outlook appears solid for non-cloud IT infrastructure providers, but not as rosy as it is for cloud providers. In this quarter, spending on non-cloud infrastructure still grew year over year to $14.8 billion, up 9.8%. It was the fifth consecutive quarter of growth.

IDC doesn't provide a snapshot of the revenue share between public cloud providers, butanalyst Canalys recently reported AWS received 33% of the $53.5 billion spent globally on cloud infrastructure in Q4 2021, followed by 22% to Azure, and 9% to Google Cloud. Other providers took the remaining 36%.

Spending on cloud infrastructure has accelerated since the pandemic began in March 2020, as businesses accelerated digital transformations. Spending had grown for seven consecutive quarters since Q3 2019, with the exception of a 1.9% year over year decline in Q2 2021. Q2 2020 saw the highest year over year growth of 38.4%. In Q4 2021,spending on cloud infrastructure was up 13.5% in the quarter year on year to $21.1 billion.

Non-cloud spending remains a huge market and is expected to grow for the full year -- albeit at a much slower pace than cloud spending.

For the full year 2022, IDC forecasts cloud infrastructure spending to grow 22% compared to 2021 and reach $90.2 billion. This is the highest annual growth rate since 2018, it notes. Spending on traditional IT infrastructure is expected to grow 1.8% to $60.7 billion.

Greater purchasing of cloud-delivered infrastructure only explains part of the rise in spending. Other contributing factors include inflation and the gradual recovery of the world's snarled supply chains and logistics networks.

At a regional level, IDC expects annual growth in cloud infrastructure spending to grow in the 20% to 25% range in Asia Pacific/Japan, China, the US, and Western Europe. Due to Russia's attack on Ukraine, speeding in Central and Eastern Europe is expected to decline 54% in 2022.

SEE:Why cloud security matters and why you can't ignore it

The analyst expects spending on compute and storage cloud infrastructure to have a compound annual growth rate (CAGR) of 14.5% between 2021 and 2026. It forecasts spending to reach $145.2 billion in 2026, when it will account for 69.7% of total compute and storage infrastructure spend.

It expects spending on non-cloud infrastructure to grow at 1.2% CAGR, reaching $63.1 billion in 2026.

IDC also looks at spends of cloud service providers, digital service providers, communications service providers, and managed service providers, which account for 55.3% of IT infrastructure spending. This group spent $18.3 billion on computing and storage infrastructure in Q1 2022, up 14.5% year on year.

Spending by non-service providers rose 12.9% year over year in Q1 2022, which was the highest growth for 14 quarters.

Spending by service providers on IT infrastructure grew 18.7% over the year to $89.1 billion in 2022.

Excerpt from:

Cloud computing is about to hit another big milestone - ZDNet

Cloud computing is one of the hottest areas for technical talent looking for well-compensated roles right now.

The cloud market totaled $90.9 billion in 2021, growing 41.4% from $64.3 billion, according to Gartner. To keep up with this pace, cloud giants are willing to pay well for staff.

Cloud engineers can land salaries ranging from $76,690 to $246,000, according to US work-visa data from Amazon Web Services and Google Cloud.

And as more organizations outsource their data-handling to AWS, Google, and Microsoft, business leaders are having to adapt "at a faster pace than they can staff," said Gartner analyst Lydia Leong.

Gartneralso found 64% of tech executives said a lack of available talent had hindered their transition to the cloud, above implementation costs (29%) and security risks (7%).

Cloud engineering is not only lucrative, but versatile. Many traditional engineering roles now involve working on big data, machine learning, and quantum computing, says Kevin Kelly, director of AWS Education Programs.

"The cloud is an enabler for all of those accelerating technologies that are becoming part of a lot of engineering disciplines," Kelly said.

Insider spoke to some of the biggest players in cloud sales to ask their biggest tips for bagging a high-paying job in cloud engineering.

While every engineering role requires a degree of expertise, Google Cloud VP Kripa Krishnan emphasized the variety of roles available.

"You can actually be an engineer working in software, hardware, infrastructure, networking, or machine learning," she said. "But you can also work in product, or user experience, or technical program management, or developer-relationships and then you build your skills as you go along."

Describing herself as "extremely involved" in the recruitment process, Krishnan said her 1,000-strong team recruited from a variety of academic backgrounds not just computer scientists and programmers, but also those with degrees in philosophy and literature.

"I was an arts major," she told Insider. "I spent a lot of time in music and theater, I directed a bunch of plays. I was in a band for a while. I did a bunch of random things."

After going back to school to study for a Masters in computer science, Krishnan soon landed a role as a technical program manager at Google. "If it weren't for my college advisors, who basically forced me into a cab to go to the interview, I don't think I would have tried."

Kevin Kelly, director of education programs at Amazon Web Services, recommended those seeking to pivot into cloud engineering try out some of the firm's online modules, such as AWS Educate, AWS Academy or AWS re/Start.

"I think a lot of employers are looking for people that are curious and willing to learn and understand in a high-tech environment that learning doesn't stop," said Kelly. "It really needs to be a lifelong process."

"Once you realize engineering is something you want to do, clearly there's some amount of skills gap," Krishnan agreed. "But you can do online courses like Coursera or open certs. But learning is the most important part."

"There are a few things I look for," Krishnan added. "Critical thinking and creativity, in particular, and whether someone's able to solve problems holistically.

"I look for persistence. To be cutting-edge and innovative, it's really important to find unconventional ways to get to the right outcomes; and we don't have the option of giving up when the going gets tough."

AWS' Kelly said many traditional engineering roles had been reworked to focus on problems in big data, machine learning, and quantum computing.

"The cloud is an enabler for all of those accelerating technologies that are becoming part of a lot of engineering disciplines," Kelly said.

For those learning on the job, Krishnan agreed: "The first thing to do is ask a lot of incessant questions. The hardest thing to do is get past imposter syndrome. But learning is the key, and being unafraid to ask what seem like basic questions is super, super important."

In fact, Krishnan told Insider the least experienced employees "actually have a more solid foothold later on."

"The more they ask and learn, the better position they are to build better concepts and products."

See the article here:

How to Break Into Cloud Engineering, According to Amazon and Google - Business Insider

Many high-growth cloud stocks recently crashed as rising interest rates drove investors toward more conservative sectors. As a result, the largest and oldest cloud computing exchange-traded fund, the First Trust Cloud Computing ETF (SKYY 0.48%), lost about a third of its value this year.

It's tempting to avoid cloud stocks entirely and stick with recession-resistant plays in this growling bear market, but investors could be leaving a lot of money on the table by avoiding this high-growth sector. After all, the global cloud market could still grow at a compound annual growth rate (CAGR) of 15.7% between 2022 and 2030, according to Grand View Research.

Image source: Getty Images.

So today, I'll highlight three cloud stocks that could still be worth buying in this challenging market -- ServiceNow (NOW -0.47%), Autodesk (ADSK -0.34%), and Twilio (TWLO 1.26%) -- and explain why they're still well poised to generate impressive long-term returns.

ServiceNow's cloud-based services enable companies to manage their digital workflows. Large companies that operate unstructured work patterns can deploy its services to define, manage, automate, and structure their workflows -- which usually saves a lot of time and money.

ServiceNow served only 602 customers back in 2010, but it ended 2021 with over 7,400 customers -- including about 80% of the Fortune 500. Between 2012 and 2021, its revenue soared from $244 million to $5.9 billion, representing a CAGR of 42.5%. It also turned profitable on a GAAP (generally accepted accounting principles) basis over the past three years.

Last May, ServiceNow predicted it would generate more than $16 billion in annual revenue in 2026 -- which would represent a CAGR of at least 22.1% from 2021. This January, CEO Bill McDermott told investors that ServiceNow could continue to "flourish in any economic environment."

ServiceNow's future looks bright, but its stock price has still declined more than 20% this year amid the broader sell-off in high-growth tech stocks. The stock still isn't cheap at 66 times forward earnings and 13 times this year's sales, but its rosy outlook suggests it deserves that premium valuation.

Autodesk develops AutoCAD, the computer-aided design and drafting application that is widely used by architects, engineers, graphic designers, city planners, and other professionals. It also provides other software for the construction, manufacturing, and media markets.

Over the past decade, Autodesk converted its desktop software into cloud-based services -- which locked in its users with sticky subscriptions. Between fiscal 2012 and 2022 (which ended this January), its revenue grew at a steady CAGR of 7% and doubled from $2.2 billion to $4.4 billion.

Autodesk also turned profitable again in fiscal 2020, and its adjusted earnings per share (EPS) increased 45% in fiscal 2021 and 25% in fiscal 2022. For fiscal 2023, it expects its revenue to rise 13% to 15%, and for its adjusted EPS to increase 27% to 31% -- even after absorbing a $40 million impact (about 3% of its annual revenue) from the suspension of its sales in Russia.

Autodesk's stock price has declined nearly 40% over the past 12 months as the bulls lost their appetite for cloud stocks, but it now looks reasonably valued at 27 times forward earnings and eight times this year's sales.

Twilio's cloud-based platform handles text messages, voice calls, and other communications-based content for mobile apps. Instead of developing those features from scratch -- which can be buggy, time-consuming, and difficult to scale as an app gains more users -- developers can simply outsource them to Twilio with a few lines of code.

Twilio has grown like a weed since its public debut in 2016. Between 2016 and 2021, its annual revenue rose from $277 million to $2.84 billion, representing a CAGR of 59.3%, as its total number of active customer accounts rose from 36,606 to 256,000.

Twilio acquired several companies after its IPO, but it still expects its organic revenue -- which excludes future acquisitions -- to continue growing more than 30% annually over the "next several years."

That's an impressive outlook for a stock that trades at just four times this year's sales.

Twilio's stock lost more than three-quarters of its value over the past 12 months as investors fretted over its declining gross margins and ongoing losses. It had turned profitable on a non-GAAP basis from 2018 to 2020, but it racked up another disappointing net loss in 2021.

But on the bright side, Twilio still expects its gross margins to eventually rise from the low 50s today to more than 60% as economies of scale kick in. Twilio might stay in the penalty box this year, but it could still generate impressive returns in the future if it finally stabilizes its margins and narrows its losses.

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3 Cloud Stocks That Could Help Make You a Fortune - The Motley Fool

The technology sector was a strong market outperformer at the beginning of the COVID-19 pandemic and performed on par with the market in 2021, but this has evaporated in 2022. Further, mega-cap tech firms (Apple (AAPL), Microsoft (MSFT)) have held up relatively well, masking some of the carnage across smaller tech names.

Although macroeconomic concerns are on the top of investors minds, we still see strong underlying secular tailwinds in technology, such as cloud computing and semiconductor adoption. Technology is now 20% undervalued and 21% undervalued within software, where we often see moaty companies. We would point investors toward high-quality, wide-moat software names, such as Salesforce.com (CRM), ServiceNow (NOW), and Adobe (ADBE), among others.

Techs Performance Has Reverted to Match the Broader Market

- Source: Garner, IDC, Statista, Morningstar. Data as of June 14, 2022.

As of June 27, the Morningstar US Technology Index was down 12.6% on a trailing 12-month basis, a far cry from the 33% TTM performance just six months ago. By comparison, the U.S. equity market is down 11% on a TTM basis. Over the past quarter, tech underperformed the broader market, down 18.6% versus 14.2% for the U.S. equity market.

We See the Most Buying Opportunities in Software

- Source: Garner, IDC, Statista, Morningstar. Data as of June 14, 2022.

As of June 27, the median U.S. technology stock was 20% undervalued compared with 10% undervalued a quarter ago and a sharp reversal from a sector that was 14% overvalued as recently as nine months ago. Software remains the most attractive subsector, 20% undervalued. High-flying growth stocks from 2020 have crashed and many now trade well below our fair value estimates. Meanwhile, more mature, higher-quality software names now provide investors with an attractive margin of safety. The semiconductor sector is 22% undervalued, while hardware is 12% undervalued.

The Cloud Opportunity Is the Most Obvious Secular Theme in Software

- Source: Garner, IDC, Statista, Morningstar. Data as of June 14, 2022.

In software, IT departments have been focused on digital transformation, first from the secular shift to cloud computing and software as a service, followed by the coronavirus pandemic and the critical rush to implement remote working tools. We foresee enterprises using software to modernize all types of business processes, in turn leading to software industry growth at a low-double-digit CAGR.

Additionally, we see an ongoing data boom that not only bodes well for cloud computing, but database management systems, too. Traditional databases like Oracle's still have their place, but emerging beneficiaries will be companies like Snowflake and MongoDB, with premier data-lake, data-warehouse, and data-marketplace offerings.

The Explosion of Data, Including Database Management System Revenue, Should Not Slow Down

- Source: Garner, IDC, Statista, Morningstar. Data as of June 14, 2022.

Top Picks

Salesforce.com (CRM) Star Rating: Economic Moat Rating: Wide Fair Value Estimate: $305 Fair Value Uncertainty: Medium

We believe Salesforce.com represents one of best long-term growth stories in large-cap software because of its ever-expanding portfolio of complementary solutions that allow users to completely embrace their customers, thereby building relationships, strengthening retention, and driving revenue. In our view, Salesforce will benefit further from natural cross-selling among its clouds, upselling more robust features within product lines, pricing actions, international growth, and continued acquisitions, such as the recent deals for Slack and Tableau.

ServiceNow (NOW) Star Rating: Economic Moat Rating: Wide Fair Value Estimate: $700 Fair Value Uncertainty: Medium

ServiceNow excels at executing the land-and-expand strategy, and it continues to use its strength in workflow automation to penetrate existing customers more deeply in IT and more broadly with human resources, customer-service specific, and other back-office products. We expect both tiered offerings and vertical-specific versions to continue to provide a nice tailwind to revenue. We think ServiceNow has become a key partner in digital transformation, as shown in retention statistics, which remains at the elite level. Importantly, we are impressed with ServiceNow's excellent balance between strong and highly visible revenue growth and robust margins.

ASML Holding (ASML) Star Rating: Economic Moat Rating: Wide Fair Value Estimate: $800 Fair Value Uncertainty: Medium

ASML is one of our top semiconductor picks, thanks to the increasing adoption of extreme ultraviolet lithography at large chipmakers such as TSMC (TSM) and Intel (INTC) to support explosive chip demand. Although the firm's first-quarter outlook is negatively affected by supply chain constraints, we think ASML will outgrow the wafer fab equipment industry in 2022. With TSMC, Intel, and Samsung (SSNNF) all vying for process technology leadership, we expect ASML to be a primary beneficiary since it sells tools to all three chipmakers.

Excerpt from:

For Tech Stocks, the Cloud Is the Silver Lining - Morningstar

Global Cloud Security Market is Expected to Reach USD 91.21 Billion By 2027 At a CAGR of 14.9 percent.

Maximize Market ResearchsGlobal Cloud Security Marketreport contains extensive data for the forecast period of 2021 to 2027. Global Cloud Security Market size was valued at USD 34.50 Billion in 2020 and the total revenue is expected to grow at a CAGR of 14.9 percent through 2021 to 2027, reaching nearly USD 91.21 Billion.

Global Cloud Security Market Overview:

Global Cloud Security, also known as cloud computing protection, is a group of practises, checks, tools, and regulations that cooperate to safeguard the systems, data, and infrastructure that are hosted in the cloud. On their local servers, where they assume they should have more control over the data, they believe their data is more trustworthy. It offers all of the features of traditional IT security. For businesses in the industry who are developing a system for cloud technology, it is crucially important.

The market size, share, and volume are all highlighted in the reports regional development status section. The Global Cloud Security Market study provides some of the crucial information that will benefit industry participants in addition to analysts and corporate decision-makers. The research includes information on production, consumption, cost, gross margin, revenue, market share, and market and CAGR-influencing factors.

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Global Cloud Security Market Dynamics:

The MMR report examines market elements from both the demand and supply sides, as well as market characteristics that will affect the market during the forecast period, such as drivers, constraints, opportunities, and future trends.

Market expansion is anticipated to be fuelled by the growing importance of cloud computing among enterprises and the general public. Security maintenance is now a major issue due to the increase in technical threats and internet breaches. As a result, businesses need to take certain precautions before the cyber threat materialises. Current figures show that many businesses have adopted cloud-based security solutions. About 90% of enterprises utilise cloud-based services. Only 12% of the worlds IT industries are aware of the potential effects of the General Data Protection Regulation (GDPR) on cloud computing. Security was the main concern for 66 percent of IT engineers when embracing the cloud computing platform.

Both small and large businesses have low confidence and reliability levels when it comes to cloud migration. Additionally, the lack of security policies adds to this lack of trust. The lack of maturity of cloud services, data breaches, and other challenges are expected to make it tough for the Global Cloud Security market to expand during the forecast period in 2029.

Global Cloud Security Market Regional Insights:

The report offers a brief analysis of the major regions in the market, namely, APAC, Europe, North America, South America, and the Middle East & Africa. The market for Global Cloud Security is predicted to be dominated by North America because of the regions large enterprises and growing database. With the pace of technological advancement and the frequent occurrences of lost important corporate data, the Global Cloud Security market is anticipated to grow favourably. In Europe, the market infrastructure for Global Cloud Security has advanced significantly. By promoting awareness of the numerous cyber-attacks and providing incentives for customers to bring their own devices, the market is still being established in the Asian region.

Global Cloud Security Market Segmentation:

by Organization Size

by Security Type

by Application

by Verticals

Global Cloud Security Market Key Competitors:

In recent years, the market for Global Cloud Security has become more competitive. Few of the big competitors now control the majority of the market in terms of market share. These significant firms, which hold a sizable market share, are concentrating on growing their consumer base internationally. These businesses are using smart joint ventures to boost their market share and profitability.

To Get A Detailed Report Summary Of the Global Cloud Security Market, Click Here:@https://www.maximizemarketresearch.com/market-report/global-cloud-security-market/18082/

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Maximize Market Research undertakes business-to-business and business-to-consumer market research on technological innovations and opportunities in the chemical, health services, pharmaceuticals, electronics and communications, internet of things, food and beverage, aerospace and defense, and other industrial sectors. Because companies all over the world are struggling to deal with the changing market, financial, and technological situations, Maximize Market Research is well-positioned to anticipate the future market size and competitive assessment of industries. At the same time, our industry experts are well placed to identify and forecast product life cycles, technological advances, and industry trends in manufacturing environments.

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Global Cloud Security Market Value Projected To Reach USD 91.21 Billion By 2027, Registering A CAGR Of 14.9% - Digital Journal

New Jersey, United States The Cloud Computing IaaS In Life ScienceMarket research report aims at providing a quick overview of the overall performance of the industry and significant novel trends. Important insights, as well as findings, latest key drivers, and constraints, are also depicted here. A huge array of quantitative and qualitative techniques is used by market analysts including in-depth interviews, ethnography, customer surveys, and analysis of secondary data. It becomes easy for major players to collect important data regarding key organizations along with insights such as customer behavior, market size, competition, and market need. By referring to this Cloud Computing IaaS In Life Science market study report, it becomes easy for key players to take evidence-based decisions.

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Key Players Mentioned in the Cloud Computing IaaS In Life Science Market Research Report:

Cleardata Networks Dell Inc., Global Net Access (GNAX), Carecloud Corporation, Vmware Carestream Health IBM Corporation, Iron Mountain Athenahealth, Inc. and Oracle Corporation.

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Cloud Computing IaaS In Life ScienceMarket Segmentation:

Cloud Computing IaaS In Life Science Market, By Component

Software Hardware Services

Cloud Computing IaaS In Life Science Market, By Application

Nonclinical Information Systems (NCIS) Clinical Information Systems

Cloud Computing IaaS In Life Science Market, By Deployment Model

Private Cloud Public Cloud Hybrid Cloud

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Excerpt from:

Cloud Computing IaaS In Life Science Market Size, Scope and Forecast | Cleardata Networks Dell Inc., Global Net Access (GNAX), Carecloud Corporation,...

New York, July 07, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Cloud Security Posture Management Market Size, Share & Industry Trends Analysis Report By Component, By Cloud Model, By Organization Size, By Vertical, By Regional Outlook and Forecast, 2022 2028" - https://www.reportlinker.com/p06289220/?utm_source=GNW CSPM can apply best practices for cloud security across hybrid, multi-cloud, and container systems universally, and can be used for risk visualization and assessment, compliance monitoring, incident response, and DevOps integration. Numerous different networks might connect and disconnect from a cloud.

Security posture is termed as an organizations total cyber-security strength and its ability to identify, avoid, and respond to the always-changing threat landscape. Security teams should be capable of understanding the attack surface, with efficient, real-time visibility into security flaws and risks, along with the track of the present position and effectiveness of security controls that have been placed, and prevent, detect, and remediate threats in order to have a robust security posture.

Infrastructure as Code (IaC) is a way that brings these new technologies together by allowing infrastructure to be managed and provisioned with the use of machine-readable definition files. This API-driven approach is critical in cloud-first environments because it allows for quick infrastructure changes while also making it easy to program in misconfigurations that make the environment vulnerable.

COVID-19 Impact Analysis

The COVID-19 pandemic resulted in a huge increase in the number of people using internet for employment, education, and leisure. Other crucial areas, such as banking, finance, and insurance, as well as retail and government, have seen large increases in user traffic on their websites and online portals. This expansion has resulted in a significant increase in bandwidth demand, as well as an unexpected increase in the number of cyber-attacks like Ransomware, Distributed Denial of Service (DDoS), and other threats.

Market Growth Factors

Less Visibility Over It Infrastructure And Growth In Configuration Errors

The likelihood of misconfigurations has increased dramatically as cloud adoption has grown. Cloud security and posture management aid monitoring through automation, allowing security workers to resolve issues as soon as it is notified. For example, as per a CheckPoint analysis, the most significant danger in 2020 will be a cloud platform setup problem (68 percent), followed by unauthorized cloud access (58 percent), insecure interfaces (52 percent), and account theft (52 percent) (50 percent). Recently, Capital One, an American financial organization, had a misconfigured threat detection on SQL databases, leaving the cloud vulnerable to vulnerabilities and data breaches.

Migration To The Cloud Allows For Management Of Cloud Security Posture

The cloud sector has gotten a huge boost because of increased agility and faster delivery of new apps and services. Traditional businesses are under enormous competitive pressure as a result of technological improvements. Most firms migrate their old IT infrastructure from on-premises to the cloud in order to become faster, more agile, and more competitive. Migration of traditional data center activities to the cloud can result in higher expenditures, limited capacity of IT team equipment, and a loss of vision, all of which raise the need for cloud security posture management. During the pandemic, there was a dramatic spike in the adoption of cloud services and services across different industrial verticals.

Market Restraining Factors

Scarcity Of Competent Experts To Handle And Secure Cspm Solutions

When it comes to the actual use of CSPM solutions, specialists or personnel must have the necessary technical skills and knowledge to execute, process, analyze, and secure the cloud solutions. While executing and handling operations, organizations hiring security specialists lack the necessary expertise to analyze and discover advanced security holes. According to the Fortinet and Cyber-security Insiders 2021 Application Security Report, a shortage of experienced employees is the main barrier to securing cloud-based infrastructure for 46 percent of the questioned firms. This is a significant issue in the security business.

Component Outlook

On the basis of the Components, the cloud security posture management market is bifurcated into Solutions and Services. The services segment garnered a significant revenue share in the cloud security posture management market in 2021. The CSPM services segment includes deployment, consulting, maintenance, and managed services (as-a-service). Services aims to educate and create expertise, deliver timely solution upgrades, and support clients in combining them with other information technology (IT) solutions. With the growing usage of CSPM systems, the demand for assistance services is projected to rise as well.

Vertical Outlook

On the basis of Vertical, the cloud security posture management market is bifurcated into Government, BFSI, IT and ITeS, Healthcare and life sciences, Retail and Commerce, Education, and others. The BFSI segment acquired the highest revenue share in the cloud security posture management market in 2021. The requirement for CSPM solutions is expanding in response to the banking industrys demand for cloud computing. While the industry was a pioneer in the case of essential financial systems, where security, privacy, and asset management are still top of mind. To accelerate innovation and better serve customers, companies in these industries are rapidly adopting cloud-native technology and DevOps automation.

Organization Size Outlook

By the Organization Size, the cloud security posture management market is divided into large organizations and SMEs. The Small and Medium-sized enterprises segment garnered a substantial revenue share in the cloud security posture management market in 2021. The best feature of CSPM solutions is that it is cost-efficient and most small and medium-sized firm are increasingly adopting cloud security posture management. The cloud security posture management system is easy to be implemented by small and medium enterprises.

Cloud Model Outlook

On the basis of the Cloud Model, the cloud security posture management market is segmented into Infrastructure-as-a-Service, Platform-as-a-Service, and Software-as-a-Service. Infrastructure as a Services segment acquired the highest revenue share in the cloud security posture management market in 2021. Infrastructure as a service (IaaS) is referred as a pay-as-you-go cloud computing service that offers on-demand compute, storage, and networking capabilities. Alongside platform as a service (PaaS), software as a service (SaaS), and serverless, IaaS is one of the four categories of cloud services. The infrastructure as a service (IaaS) layer is the foundation of the cloud computing model. Iaas providers include Linode, DigitalOcean, Amazon Web Services (AWS), Rackspace, Microsoft Azure, Cisco Metapod, and Google Compute Engine (GCE).

Regional Outlook

Region-wise, the cloud security posture management market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.North America emerged as the leading region in the cloud security posture management market with the largest revenue share in 2021 and is expected to continue this trend over the forecast period. Despite its strict rules, the United States provides numerous chances for CSPM providers to serve a diverse spectrum of consumers in a variety of industries. To sustain operational functionality, and business continuity, and prevent misconfiguration, North American organizations have taken multiple steps forward into cloud adoption and are progressively adopting cloud data protection methods like data encryption, DLP, data integrity monitoring, and data threat protection, and CSPM.

The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation is the major forerunner in the Cloud Security Posture Management Market. Companies such as IBM Corporation, Check Point Software Technologies Ltd. and Palo Alto Networks, Inc. are some of the key innovators in Cloud Security Posture Management Market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Cisco Systems, Inc., Microsoft Corporation, VMware, Inc., Check Point Software Technologies Ltd., Palo Alto Networks, Inc., Sophos Group PLC, Crowdstrike Holdings, Inc., Atos Group, and Forcepoint LLC.

Recent Strategies deployed in Cloud Security Posture Management Market

Partnerships, Collaborations and Agreements:

Nov-2021: Cisco came into a partnership with JupiterOne, a provider of continuous monitoring to surface problems impacting critical assets and infrastructure, for a new cloud security product named Cisco Secure Cloud Insights. This new cloud security product would use the cyber asset data that JupiterOne analyzes- which comprises vulnerability management, public cloud inventories, compliance reviews, and gaps in security controls. This partnership aimed to deliver enhanced context for the telemetry collected over Ciscos extended detection and response (XDR) SecureX platform. This provides customers with public cloud inventory and insights, security compliance reporting capabilities, and relationship mapping to navigate cloud-based entities and access rights.

Sep-2021: IBM Corporation formed a partnership with Aqua Security, the pure-play cloud-native security provider. This partnership aimed to aid customers in better securing the full lifecycle of Red Hat OpenShift containerized workloads on IBM Power servers, as a significant component of end-to-end application modernization and hybrid cloud adoption. In addition, Aqua Security would assist in the launch of the new IBM Power10-based IBM Power E1080 server.

Sep-2021: Microsoft Corporation came into a partnership with Synack, the premier crowdsourced platform for on-demand security. This partnership aimed to deliver a one-stop shop for Microsoft Azure-based cloud security. By combining the expertise of Microsofts Azure Security Modernization (ASM) solution and Synacks premier crowdsourced platform for on-demand security expertise, government organizations and enterprises would have a scalable solution for cloud security planning, management, and improvement.

Sep-2021: Check Point Software Technologies came into a partnership with Alkira, a cloud networking pioneer. This partnership aimed to deliver Check Point Softwares CloudGuard firewalls in Alkiras Cloud Network infrastructure as-a-Service (CNaaS). The Check Point CloudGuard platform would give cloud-native security with advanced threat prevention for all assets and workloads allowing customers to position the same robust security in the cloud that they are used to with on-premises systems.

Product Launches and Product Expansions:

Apr-2022: Crowdstrike unveiled a cloud-native application protection platform (CNAPP) powered by Falcon Cloud Workload Protection (CWP) offering. This product launch aimed to detect threats targeted at containers, prevent rogue containers from running and discover binaries that have been developed or modified at runtime. CrowdStrike has updated its security orchestration, response (SOAR) platform, and automation, dubbed Falcon Fusion, to allow IT, teams, to automate security remediations on the Amazon Web Services (AWS) cloud.

Apr-2022: Sophos Group expanded its product line of Sophos Cloud Workload Protection, with a new Linux host and container security capabilities. This product expansion aimed to fasten the detection and response of in-progress attacks and security incidents inside Linux operating systems, boost application performance, and enhance security operations. Sophos Cloud Workload Protection already automates and simplifies the prevention and detection of these attacks on Windows systems.

Jun-2021: Palo Alto Networks expanded its product line of Prisme Cloud, with ML-Powered Next-Generation Cloud Security Posture Management Capabilities. This product line expansion aimed to help organizations fasten cloud adoption and remove dangerous cloud blind spots and free security teams from a load of alert fatigue. The new capabilities in Prisma Cloud would enable security teams to do this with greater breadth than earlier and reduce the overall amount of alerts that must be addressed by security teams.

Jun-2021: Check Point Software Technologies expanded its product line Cloud-Native Security Platform, by expanding its capabilities. This product expansion aimed to provide application-first workload protection with Check Point CloudGuard Workload Protection. This fully automated cloud workload security solution would empower security teams with tools to automate security over applications, Application Programming Interfaces (APIs), and microservices from development to runtime through a single interface.

May-2021: Crowdstrike Holding expanded its product line of CrowdStrike Falcon Horizon Cloud Security Posture Management (CSPM), with new features. These new features are supported by the vast, real-time telemetry of the CrowdStrike Security Cloud. This product expansion aimed to provide behavioral detections and attack trends for a unique adversary-emphasized approach to safeguarding the cloud control plane. In addition, these new capabilities comprise continuous threat detection, monitoring, and correlation over the cloud and on-premises environments, giving security teams the ability to cut through the noise of a multi-cloud environment and take the most effective action.

Mar-2021: IBM Corporation expanded its product line of IBM Security Services with new and enhanced services. This product expansion aimed to aid organizations to handle their cloud security strategy, policies, and controls across hybrid cloud environments. These enhanced services would aid companies to implement a consistent security strategy over their hybrid cloud environments assisted by IBM specialists with the expertise to handle native security controls over Amazon Web Services (AWS), IBM Cloud, Google Cloud, and Microsoft Azure, amongst others.

Oct-2020: Palo Alto Networks introduced Prisma Cloud 2.0, consisting of four new cloud security modules. This product launch aimed to safeguard multi- and hybrid-cloud environments and cloud-native applications integrating security over the full DevOps lifecycle. With this inclusion of Cloud Infrastructure Entitlement Management and Cloud Network Security, Prisma Cloud would hold industry-leading offerings in each of the four CNSP areas, making Prisma Cloud 2.0 the only true Cloud-Native Security Platform.

Jan-2020: Atos Group introduced a new Cloud Security Posture Management (CSPM) service supported by Palo Alto Networks Prisma Cloud technology. This product launch aimed to aid customers to resolve the challenges with public cloud adoption by allowing comprehensive visibility, control, and compliance from a single pane of glass. With the use of Atos CSPM service, clients would gain overall 360 visibility of all their resources in the public cloud and can enforce an integrated compliance strategy that unifies seamlessly into their enterprise security model, Atos CSPM service consists of Prisma Cloud by Palo Alto Networks, configuration, consulting and integration services, Operations and response services.

Acquisitions and Mergers:

Oct-2021: Forcepoint entered into an agreement to acquire Bitglass, a leader in Security Service Edge (SSE). This acquisition aimed to bring together best-in-class Secure Web Gateway (SWG), Cloud Access Security Broker (CASB), Zero Trust Network Access (ZTNA), and Cloud Security Posture Management (CSPM), integrated with Data Loss Prevention (DLP) capabilities to allow uniform security policies for accessing the cloud, web, and private data centers handled via a single console. Bitglass provides the industrys only unified cloud-native SSE platform for securing access to and usage of information as organizations transform to the cloud.

Jul-2021: Microsoft Corporation took over CloudKnox Security, a platform created to safeguard resources and identities over multi-cloud and hybrid cloud environments. This acquisition aimed for customers to be able to right-size permissions and enforce least-privilege principles, employing continuous analytics to aid prevent security breaches.

Jun-2021: Cisco Systems took over Kenna Security, the industrys-leading risk-based vulnerability management platform. This acquisition aimed to get rid of complex security posture challenges by working cross-functionally to rapidly automate the prediction, identification, prioritization, and remediation of cybersecurity threats. Adding Ciscos SecureX platforms market-leading detection and response capabilities (XDR) and Kennas vulnerability management platform would provide customers the ability to discover and prioritize an organizations assets with a centralized, contextual view. This acquisition would lead to speed decision making, accelerated and simplified response with orchestration, and reduced friction associated with compliance efforts.

Jun-2020: IBM Corporation took over Spanugo, a cloud security posture management startup. This acquisition aimed to unify Spanugos software into its public cloud to aid match the security and compliance requirements of its customers in regulated industries like banking and health care.

Scope of the Study

Market Segments covered in the Report:

By Component

Solution

Services

By Cloud Model

Infrastructure-as-a-Service (IaaS)

Platform-as-a-Service (PaaS)

Software-as-a-Service (SaaS)

By Organization Size

Large Enterprises

Small & Medium Enterprises

By Vertical

BFSI

Retail & Ecommerce

Government

IT & ITeS

Healthcare & Life Sciences

Education

Others

By Geography

North America

o US

o Canada

o Mexico

o Rest of North America

Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia Pacific

LAMEA

o Brazil

o Argentina

o UAE

o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

IBM Corporation

Cisco Systems, Inc.

Microsoft Corporation

VMware, Inc.

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The Global Cloud Security Posture Management Market size is expected to reach $9.9 billion by 2028, rising at a market growth of 15.2% CAGR during the...

New York, US, July 05, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), The Fog Computing Market, By Type (Hardware, Software), By Application (Smart Energy, Smart Buildings and Home Automation, Transportation, Healthcare, Smart Manufacturing) - Forecast 2030. The market is expected to touch USD 343.48 million at a 55.6% CAGR by 2030.

Fog Computing Market Overview

Increasing adoption of fog computing solutions for supporting the development of connected cars will boost market growth over the forecast period. From vehicles to vehicles, vehicles to access points, & access points- access points, connected cars display a diverse variety of interactions and connectivity. Fog computing has a number of characteristics that make it an appropriate platform for offering a variety of smart connected vehicle (SCV) services, including safety, traffic support, heterogeneity, mobility & position awareness, low latency, and real-time interactions. Real-time processing in AI is a virtual reality improvement in which the majority of information recovery & processing is transferred to connected devices such as smart home storage, phones, and the cloud. Fog architecture aids these devices in locating and analyzing data by providing an intelligent location hierarchy.

Fog Computing Market Report Scope:

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Opportunities

Growing Use of Cloud Computing Platforms to offer Robust Opportunities

The growing use of cloud computing platforms will offer robust opportunities for the market over the forecast period. Fog computing allows IoT devices to do processing, decision-making, and action-taking while only sending relevant data to the cloud. The fog brings the cloud closer to the devices that generate and process IoT data. It solves cloud computing's constraints, such as latency and frequency concerns, scalability issues, and resource management.

Restraints

Lack of Uniform Governance Standards to act as Market Restraint

The lack of uniform governance standards and lack of fog computing technology skills may act as market restraints in the forecast period.

Market Challenges

Privacy & Security Concerns to act as Market Challenge

Privacy and security concerns may act as a market challenge over the forecast period.

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COVID-19 Analysis

Following the emergence of the Corona virus, practically every industry around the world has pushed toward digitization and automation, & people have begun working from home, prompting enterprises to relocate their workload to the cloud in order to keep their operations running smoothly. As a result, firms are likely to spend higher on IT infrastructure for customer support services and business applications globally in the post-Covid-19 period in order to operate efficiently. Cloud computing, digitization, artificial intelligence, and machine learning are projected to dominate the technological arena in the future years, and investors are developing long-term investment strategies in this area.

Fog Computing Market Segmentation

The global fog computing market is bifurcated based on type and application.

By type, hardware will lead the market over the forecast period.

By application, smart manufacturing will dominate the market over the forecast period.

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Fog Computing Market Regional Analysis

North America is predicted to domineer the market, accounting for the largest share of the CAGR in the forecast year. Healthcare facilities, smart homes, smart autos, and other applications are driving the fog computing market in North America. In 2017, the Americas market is predicted to have the highest share of the industry. The strong R&D in the fog computing, higher penetration of the Internet of Things, and the creation of a number of IoT and cloud start-ups are the primary driving reasons for growth in the Americas. During the projected period, North America is expected to have the biggest market share in the global fog computing market. This expansion in the region is mostly due to rising spending in the fields of fog computing and IoT penetration and deployment. As a result, an increase in IoT & cloud-based enterprises in the region have fueled market expansion. Fog computing technology is projected to have a huge future in North America. Because of increased investment in fog computing research & development, the existence of significant players, and the increasing adoption of IoT in the region, this region dominates the fog computing market. The market's enterprises will benefit from the improved network infrastructure in various nations across this area. The regional market will benefit from increased expenditures in the development of concepts using sophisticated technologies like AI and IoT.

APAC to Have Admirable Growth in Fog Computing Market

Because of their cost-effective nature, Asia-Pacific countries such as China, Japan, Australia, India, and others have seen the highest number of countries transition to cloud computing & cloud platform usage, paving the way for fog computing technologies. Cloud computing, cloud data centres, the government's growing interest, NGOs, trade allies, private firms, & other organizations have helped the Asia-Pacific region go digital and grow its economy significantly. While the expansion in Asia Pacific is mostly due to businesses' widespread adoption of the cloud platforms to improve efficiency and the government's increased focus on smart cities and smart buildings. Because of government support, the expansion of connected cars, and widespread usage of cloud solutions in emerging countries, Asia-Pacific is predicted to have the greatest CAGR during the projection period of 2021-2028.

The sector is growing because of the necessity to take benefit of hybrid IT infrastructures to give flexibility and agility. Furthermore, the region has seen a significant uptake of cloud services in important markets such as China, Japan, & Australia, creating potential opportunities for fog network implementation. Furthermore, the Indian government's Make in India effort is likely to stimulate smart manufacturing growth, driving up need for streaming the data from cloud to edge. The OpenFog Consortium has formed a partnership with the IoT ITAC to work and test the technology's standards and improvements. Furthermore, the country's growing number of connected cars is likely to raise the demand for an effective data handling & communication platform.

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Global Fog Computing Market makes a brief note on factors affecting the business growth and development, market growth, and market analysis for the forecast year. It shares the segments and sub-segments on the fog computing market is determined. It classifies the strategic alliances, different joint ventures, new product developments, mergers and acquisitions, research, and developments that made the market for fog computing across the world. It points to the challenges the fog networking market had to suffer and how the Internet of Things is used to maintain and overcome these setbacks.

Competitive Analysis:

Dominant Key Players on Fog Computing Market Covered are:

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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Fog Computing Market Size Projected to Expand at USD 343.48 Million by 2030 with a CAGR of 55.6% - Report by Market Research Future (MRFR) -...

Seven University of Central Florida graduate students are currently interning at Adobe and 3M, among other leading employers thanks to fellowships supported by the National Graduate Degrees for Minorities in Engineering Fellowship (GEM) program.

The GEM program began in 1976. The public-private partnership aims to connect students from underrepresented groups with the nations top employers and universities. Those selected receive a $16,000 fellowship from the GEM Consortium, a paid summer internship, and a tuition remission for a masters or doctoral program of their choice. The national program is highly competitive and enables students to be placed in coveted internships with some of the nations industry leaders in STEM.

UCF has been a partner university for more than 20 years. The GEM program is one of several supporting students of color at UCF, a Hispanic Serving Institution.

This years UCF GEM Fellows are:

Novia Berriel 21MS

Currently a researcher in associate professor of materials science Parag Banerjees lab, Novia Berriel will continue her education as a doctoral fellow in materials science. She originally came to UCF because of the so-called two-body problem the need for two professional spouses to find suitable placements in the same area but has since fallen in love with everything the university has to offer.

UCF is at the cutting edge of everything, she says. And being a Hispanic woman, I appreciate that its an HSI.

Berriel earned her masters in physics at UCF in 2021. Since she began the degree in 2018, she has been working to explore atomic layer deposition of thin films. In this capacity, shes been able to engage with different disciplines by producing the films needed for a variety of devices.

The opportunity to be interdisciplinary in your everyday life is one of her favorite aspects of the materials science department at UCF.

You can collaboratively interface with so many other labs, Berriel says. I work in Research Building I, which houses faculty and labs from many different departments. So, Ive been able to meet experts in different disciplines by just walking around.

As a GEM fellow and intern for Lam Research, she hopes to build expertise in semiconductor development and solar cells, while making the most of the chance to research freely, meet other Fellows and embrace interdisciplinary collaboration.

Jeffrey Chan-Santiago

Drawn to UCFs state-of-the-art research at the intersection of computer vision, machine learning and robotics, Jeffrey Chan-Santiago knew it would be the best place to earn his doctorate in computer science.

He already has experience applying self-supervised models to monitor and identify honeybees in their natural habitat, modify architectural plans and more through work he conducts at the University of Puerto Rico, Ro Piedras. He earned a bachelors degree in computer science from the university and is currently completing his masters degree in applied mathematics.

He is also an intern at Raytheon for the summer. There and at UCF, he hopes to enable robots to learn more efficiently and safely.

He says he is grateful to be at one of the first steps of a lifelong career in research, and he plans to become a professor, ideally in Puerto Rico, and help motivate students toward research careers in STEM.

Joseph Green

As a GEM fellow at UCF and an intern for Adobe, Joseph Green hopes to broaden his every horizon.

He received his bachelors degree in computer science in 2020 at Auburn University, and says he is eager to make the transition to highly populated Orlando, which has attractions like Walt Disney World.

Green credits his participation in the GEM Fellowship program to encouragement he received as part of a learning community at Auburn. He says he looks forward to joining similarly supportive communities at UCF. This will be his first time living in an area he doesnt know, but Green says he already knows he will have a great time experiencing a new schools culture.

In the process, he says he will be able to see all the variety his field has to offer.

During his masters program in computer science, he plans to make the most of the opportunity to pursue machine learning, complex networks and other inspiring topics.

Dania Jean-Baptiste

Earning her bachelors degree with honors in computer information systems from Bethune-Cookman University in 2021 made Dania Jean-Baptiste realize how much she enjoyed her field and how much she had left to learn.

To ensure her work would remain at the cutting edge of security standards, Baptiste decided to pursue a masters degree in cybersecurity and privacy. She initially enrolled at Florida A&M University; however, she decided to transfer to another university. Although the transition was difficult, she says having faith helped her continue her path.

So, she applied and was admitted to be a GEM Fellow at UCF. Her fellowship is sponsored by Intel. And this summer, Baptiste is participating in Tech Forward a Salesforce training program that prepares participants from underrepresented groups to earn their certification in network administration.

Baptiste says she looks forward to enriching experiences in research. Her ultimate goal is to learn as much as she can about data analytics, artificial intelligence and cloud computing. Then, she will be able to put her skills to use while giving back to her community.

Andrea Molina Moreno 22 After building a foundation in the different areas of STEM, Andrea Molina Moreno decided to focus on materials engineering.

She says that it has a uniquely broad scope. You can work with anything you choose, since almost everything is material.

Moreno came upon this decision in the midst of several transitions: immigrating from Caracas, Venezuela, transferring from Simn Bolvar University, and graduating among UCFs first cohort of bachelors materials science students.

With the GEM fellowship, she will pursue a doctoral degree in materials science. This summer, she is gaining experience in industry by interning at 3M in Minneapolis. As she continues her education, Moreno most looks forward to serving as a role model for fellow Hispanic female engineers.

What has motivated her so far is the desire to gather as much knowledge as she possibly can. She shares that Ive been studying for so much of my life, and its what I really enjoy doing learning more and more.

Jason Ortiz

The COVID-19 pandemic gave Jason Ortiz an opportunity to pause and think back to some of his original passions.

In 2021, he had already spent three years working as a software engineer at Microsoft in Seattle, where he enjoyed the opportunity to tackle exciting problems in cloud-computing. Still, he had always hoped to further explore 3D applications. Extended reality (XR) encompassing the spectrum of virtual, mixed and augmented reality applications particularly stood out to him.

He says he realized that the fields potential is outstanding. It can address a lot of problems related to isolation, by helping people work in novel ways while still feeling a sense of togetherness. So, he did a bit of research in his downtime.

Thats when Ortiz discovered the pioneering work of UCF Engineering Professor Carolina Cruz-Neira. Even better, Cruz-Neira was teaching in Orlando, his hometown. The GEM Fellowship offered a way to return for his doctorate.

He jumped at the chance. Currently an intern at Argonne National Laboratory, Ortiz will begin as a student at UCF in the fall. He most looks forward to conducting innovative research on collaborative XR and building the teaching skills he began developing as an undergraduate teaching assistant. He is also eager to be the first in his family with a doctorate and hopes to encourage fellow Puerto Ricans to pursue higher education.

Kiaria Tucker

After years of watching crime shows and pointing out technicians as the real heroes, Kiaria Tucker found it easy to decide on a career path.

She remembers that the detectives never actually held my interest. The technicians were the ones who could say This is what happened. This is what the evidence shows. Its thanks to the technicians that they had the evidence they needed to do anything.

Forensic science offered the opportunity for excitement and a tangible impact. So, Tucker received her bachelors degree in chemistry with a forensic concentration from Talladega College. While there, she participated in the McNair Scholars Program, where a mentor encouraged her to apply to the GEM fellowship.

Since her acceptance, Tucker has explored microbiological chemistry research as an intern for Oak Ridge National Laboratory in Knoxville, Tennessee. This fall, she will begin as a thesis-seeking doctoral student in chemistry at UCF. Tucker says she looks forward to earning the skills and certifications that will make her a valuable member of a forensic team. She says from everything shes seen so far, the field still never fails to excite her.

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Engineering Graduate Fellows Get Hands-on Experience with National Industry Leaders - UCF

Global Cloud AnalyticsMarketis expected grow at a CAGR of 23.2 percent during 2021-2027,reaching nearly USD 99.95 Billion.

According to a new Maximize Market Research report titledGlobal Cloud Analytics Marketby Store Type, by Application and Region: Industry Overview and Forecast,Global Cloud AnalyticsMarket size was valued at USD 23.20 Billion in 2020, and the total revenue is expected to grow at 23.2 percent through 2021 to 2027, reaching nearly USD 99.95 Billion.

Data on the cloud is analysed usingGlobal Cloud Analyticsto produce helpful data and deeper insights. By obtaining, integrating, analysing, and presenting insights,Global Cloud Analyticsaid in streamlining business processes and enabling organisations to make better decisions for better results.

The examination of theGlobal Cloud Analyticsmarkets growth potential, challenges, and trends is the primary emphasis of the report. In order to understand the effects of numerous aspects on the market forGlobal Cloud Analyticss, including bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers, the study gives Porters five forces analysis.

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Global Cloud Analytics Market Dynamics:

The main driver of market expansion forGlobal Cloud Analyticsis the rise in demand among enterprises for actionable insights from cloud-based data. Additionally, it is anticipated that increased enterprise adoption of machine learning and artificial intelligence (AI) will support market expansion. However, a lack of technical knowledge and an inability to comprehend intricate algorithms impede industry expansion. Furthermore, the globalGlobal Cloud Analyticsmarket is anticipated to benefit greatly from the use of cloud-based solutions over on-premises ones.

Global Cloud AnalyticsMarket Segment Insights:

The MMR report presents a comprehensive overview, market shares, and growth opportunities ofGlobal Cloud Analyticsmarket by Store Type, and by Application.

The BFSI, retail and consumer goods, healthcare and life sciences, media and entertainment, government, telecom and IT, research and education, energy, manufacturing, and others are the vertical segments under which the worldwideGlobal Cloud Analyticsmarket is subdivided. In 2020, the BFSI sector had the highest market share (20.12%). Cloud-based technologies are used by fintech companies to improve operational effectiveness and the client experience. The BFSI industry can offer a secure payment service, CRM and ERP system, secure storage of sensitive data, and regulatory compliance thanks to the use ofGlobal Cloud Analytics.

Global Cloud AnalyticsMarket, Key Highlights:

Global Cloud AnalyticsMarket by Region:

In 2021, North America is anticipated to hold the greatest market share forGlobal Cloud Analyticsglobally. The presence of market leaders who provide a variety ofGlobal Cloud Analyticstechnology solutions at affordable prices, the widespread use of social media, and the high adoption of cloud computing services by numerous businesses across all industry verticals are all contributing to the regional growth of theGlobal Cloud Analyticsmarket. However, during the projection period, the Asia-Pacific region is anticipated to develop at the greatest CAGR. The demand forGlobal Cloud Analyticssolutions in the Asia-Pacific area is anticipated to rise as a result of the rising number of start-ups requesting and looking for cloud computing services to manage their businesses efficiently and the expansion and increased use of social media.

Global Cloud AnalyticsMarket Key Players:

Global Cloud AnalyticsMarket Segmentation:

by Solution

by Deployment Mode

by Organization Size

by Vertical

To get a detailed report summary and research scope oftheGlobal Cloud Analyticsmarket, click here:@https://www.maximizemarketresearch.com/market-report/global-cloud-analytics-market/7883/

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Global Cloud Analytics Market to be Worth USD 99.95 Billion at a CAGR of 23.2% by the Year 2027 - Digital Journal