WisdomTree Cloud Computing ETF (NASDAQ:WCLD) owns a diversified portfolio of companies with extraordinary growth rates and offering exposure to exponential opportunities over the long term. Cloud computing stocks were already thriving before the pandemic, and recent developments are accelerating the adoption of these technologies in many cases.

Cloud computing stocks are still expensive from a valuation perspective, but it is very hard to put a fair value estimate on companies benefiting from accelerating demand and abundant room for further growth. When the quality of the business is so good, the fair price is hard to assess.

WisdomTree Cloud Computing ETF is in a strong uptrend, and it has recently pulled back from overbought levels. For investors with moderate risk tolerance who are looking to gain exposure to many of the most promising growth companies in the market, this could be a good entry point to start buying the cloud computing ETF in small size.

The cloud computing revolution is not only transforming the software industry, but it is also having a major impact across all areas of the economy and our lives. The transformative impact of the cloud still has enormous room for growth in the years ahead, and demand is even accelerating in many areas due to the pandemic.

Source: WisdomTree

The business model is exceptionally attractive. Companies in cloud software generate recurrent revenue, attractive growth rates, and huge gross profit margins. This combination of recurrent revenue from customers and abundant potential for long-term growth is practically impossible to find in other sectors.

Aggressive investments in R&D and marketing generally take a toll on operating margins, so most of these companies are reporting losses at the operating level on a GAAP basis. However, for investors who can look beyond the short-term numbers and into the long-term potential, this should be no reason to stay away from cloud stocks.

The table below shows the top 10 positions in WisdomTree Cloud Computing ETF. These names account for nearly 30% of the portfolio, so the fund is well diversified.

Source: Seeking Alpha

Depending on the specific companies and their market niches, some of these names could be hurt by declining corporate spending during the pandemic and the recession. However, many of the companies in the portfolio also benefit from accelerating adoption for all kinds of cloud technologies in areas such as communications, productivity, digitalization, online content, and online commerce, to name a few examples.

In the words of Twilio (TWLO) CEO, Jeff Lawson, during the company's earnings conference call:

While we wouldn't have wished it this way, in many ways, Twilio was built for this. Our platform provides three things the world needs, digital engagement, software agility, and cloud scale. Technologies such as messaging, email, voice and video have enabled many parts of the economy to continue working, while keeping its participants safe. Moving quickly, building prototypes and iterating as our needs evolve has been critical for nearly every kind of organization. That's the essence of agility. And Twilio has enabled organizations to reimagine many of their communications workloads in days and weeks, not months and years.

The portfolio of WisdomTree Cloud Computing ETF has a high proportion of relatively young companies in the software sector. This provides superior performance in terms of both revenue growth and gross profitability. Not only in comparison to the market in general and growth stocks, in particular, but also when measured against the larger and more mature software companies.

Source: WisdomTree

Source: WisdomTree

Looking at the price chart over the past several months, WisdomTree Cloud Computing ETF has been in a strong uptrend, and it has pulled back considerably within that uptrend over the past three days. The ETF is nowhere near oversold, but it is not too overbought either at current prices, and the uptrend remains intact for the time being.

In order to assess the timing for an entry in WisdomTree Cloud Computing ETF from a quantitative perspective, we can take look at the instrument through the ETF Timing Algorithm. This is a quantitative ranking system that places different ETFs in order based on momentum and trend indicators. The factors that go into the algorithm and their respective weightings are available below.

The algorithm looks for ETFs that are delivering consistently high momentum metrics across different time frames: The past 3 months, the 3 months periods 3 months ago, and so forth. Winners tend to keep on winning more often than not in the stock market, and there is plenty of statistical research proving that capitalizing on momentum can be a powerful strategy for superior returns.

However, the algorithm also gives a negative weight to one-month momentum. The main idea is looking for consistent strength across different timeframes but also giving a negative weight to short-term momentum in order to look for assets that are not too overextended in the short term.

The chart below shows the historical returns for ETFs in different ranking segments versus the 60/40 benchmark. ETFs with a high ranking tend to significantly outperform the benchmark, and there is a direct relationship between the ETF Timing ranking and performance.

Data from S&P Global via Portfolio123

WisdomTree Cloud Computing has a timing ranking above 98, meaning that the ETF is in the top 2% among thousands of ETFs ranked in the comparison. The instrument has unquestionable strength over different time periods, and it fits the description quite well if you are looking to buy assets in an uptrend but not too overbought in the short term.

Momentum is a double-edged sword, and assets that deliver big gains on the way up can many times be the same ones that deliver big losses on the way down. A position in WisdomTree Cloud Computing necessarily carries substantial volatility, for better or for worse.

The stocks in the portfolio are also relatively expensive when looking at traditional valuation ratios such as price to sales or enterprise value to EBITDA. Companies with superior growth prospects obviously deserve above-average valuations, and valuation ratios should always be assessed for each specific company in the context of other return drivers, considering not only the price tag but also the quality of the business.

However, it is fair to say that demanding valuations is a major risk factor for investors WisdomTree Cloud Computing ETF. At these prices, there is not much room for error, and the stocks in the portfolio could suffer serious drawdowns if the companies fail to deliver in accordance with growth expectations.

Valuation risk cannot be avoided in these kinds of companies, but it makes sense to manage it via position size. Cloud computing stocks are generally very volatile, so you don't need to build big positions in these names in order to benefit from rising prices when they work out well.

It can make sense to consider buying WisdomTree Cloud Computing in a small size at these prices, always keeping some cash on the sidelines to buy more, in case there is any correction and valuations become more attractive.

It is important to keep in mind that risk is not only what you buy but also how much you buy. Having a moderately-sized exposure to a diversified group of high-growth stocks in the cloud computing segment makes a lot of sense when considering the potential reward versus the risk over the years ahead.

A subscription to The Data Driven Investor provides you with solid strategies to analyze the market environment, control portfolio risk, and select the best stocks and ETFs based on hard data. Our portfolios have outperformed the market by a considerable margin over time, and The Data Driven Investor has an average rating of 4.9 stars out of 5. Click here to get your free trial now, you have nothing to lose and a lot to win!

Performance as of July 14, 2020

Disclosure: I am/we are long FSLY, DOCU, TWLO, CRWD, PYPL, SQ, CRM. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I own several of the stocks in the WisdomTree Cloud Computing ETF portfolio, and I may initiate a position in WCLD over the next 72 hours.

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WisdomTree Cloud Computing ETF: Explosive Growth And Solid Timing - Seeking Alpha

"If you look at SafetyCulture, Culture Amp, and Canva is probably the best example of it, they are all built on the cloud," he said. "A lot of these companies are seeing (the shift to the cloud) accelerate as a result of the coronavirus pandemic."

Meanwhile, Airtree Ventures partner James Cameron pointed to the growth of online cloud computing training provider A Cloud Guru, which reached $116 million in revenue this year, as a good example of how tech startups can make the most of the rush to the cloud.

A Cloud Guru teaches people how to use cloud platforms like Amazon Web Services, Microsoft Azure and Google Cloud Platform and has taught two million users since launch in 2015.

"It really has been the right time and right place (for the business) to enjoy that explosive growth," Mr Cameron said.

"They are sitting at this mega trend and of the tailwinds they have got behind them one is online education and the second is the shift into digital reskilling, then there's also the shift in the general software development world to the cloud."

A Cloud Guru co-founder and chief executive Sam Kroonenburg said remote working has been a key catalyst for the shift to the cloud.

A Cloud Guru co-founder and chief executive Sam Kroonenburg. Credit:Eamon Gallagher

"I think the world has a mandate to move to the cloud and this is a major shift that is happening across the world globally," he said. "Companies are wanting to move away from managing their own infrastructure, they want to have the flexibility to send their workforce home and COVID-19 is just accelerating that trend."

Mr Kroonenburg said he expected this shift to continue even after the pandemic is over.

"It is a long term systemic change," he said.

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Paul Bassat, co-founder of Square Peg, said migration to the cloud was one of the key themes the venture capital firm was focused on, pointing to its investments in Israeli data centre infrastructure startup Excelero and cloud storage infrastructure startup Lightfix.

"We are essentially seeing pretty much all businesses are going to move to the cloud, we are 20 to 30 per cent into that journey so there's still a long way to go here," he said.

More:

Venture capital firms bank on a sustained shift to the cloud - Sydney Morning Herald

An interview with Ryan Perera, Vice President & Country Head, Ciena Communications, India.

What is the state of the Public Cloud market in India?

India is emerging as a key hub for public cloud-based services in Asia. Indias public cloud market is dominated by three webscale players: Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). Boston Consulting Group (BCG) values this market around USD$3 billion in 2020, and estimates the market to grow by 25% CAGR to USD$8 billion by 2023. In our perspective, Indias public cloud infrastructure includes regional data centres owned by webscale players, as well as more than 100 others distributed across the country, that are either network-neutral data centres or owned by telecom service providers.

Traditionally, webscale players have been dominating the public cloud service offerings in system infrastructure services (i.e. IaaS, including compute instances, storage databases, etc.), application infrastructure services (i.e. PaaS, including containers, artificial intelligence, and machine learning, etc.) and software services (i.e. SaaS for various applications). Now webscale players are expanding IaaS services coverage on networking solutions for enterprises (i.e. cloud VPN, accelerators, cloud SD-WAN, IoT, private LTE/5G, and multi-vendor network orchestration).

Webscale players forays into such networking and telco solutions are mainly driven by the promise of 5G. When I speak to customers and others in the industry, it is widely believed that the next battleground for webscale players is 5G. For example, Microsoft recently made their intentions clear with their acquisitions of Affirmed (vEPC, 5gc) and Metaswitch (vIMS). Google Cloud Platform announced their three-pronged telco strategy that focuses on monetising 5G edge computing solutions, reimagining the customer journey with data and AI, and subsequently helping operators improve internal operations efficiencies. Google Cloud Platform is also extending their Anthos hybrid multi-could platform to support telecom operators.

Telecom operators in India have also started their own telco cloud journey. Although these efforts initially were started to support their own internal network function virtualisation (NFV) initiatives, these operators now see a big opportunity to play a critical role in the delivery of cloud services in India as well.

What are the roles of webscale players and telecom operators in edge computing in India? As digital services for various vertical markets expand with applications where latency becomes critical for cloud computing services, it is only logical to also bring compute closer to where the data is generated. Hence were seeing a surge in interest for edge computing across the world, including in India. Indias leading edge use cases are likely to be media processing, telemedicine, video surveillance, manufacturing, and a myriad of immersive applications such as AR/VR and gaming.

All three leading webscale players have launched their edge solutions Azure Stack; AWS Outpost, Wavelength, Local Zone; Google Anthos which cover on-premises colocations with telecom operators and private zones. It is expected that many of these edge offerings could be commercially launched soon in India in partnerships with telecom operators.

Telecom operators are expected to enter into strategic partnerships with multiple webscale players. For these operators to deliver the low-latency services promised by 5G and edge computing, close partnerships with the webscale players will be needed, so they can monetise connectivity as a platform to broaden and enhance their competitive advantage.

What is the importance of the platform economy for Indias telecom operators?Despite massive capital investments in 3G and 4G, pressures on average revenue per user have resulted in no meaningful profitability returns to date. 3G and 4G deployments in India have instead been more about capturing and holding onto market share to later monetise. Fortunately, 5G promises to deliver more than just higher speed connectivity. This is pushing telecom operators towards reinvigorating a platform economy for the business ecosystem, to better monetise their investments. Bundling of services has not proven profitable during 3G and 4G eras, so rather than pursuing that as a strategy, you will see telecom service providers offering differentiated 5G services priced at different levels.

What role will fungible pools of distributed cloud computing play in Indias telecommunication ecosystem?

According to Artificial Intelligence Index Report 2019 by Stanford University, insatiable demands from both consumer and business sectors are doubling compute requirements in less than every 4 months. Therefore, compute processing and storage capacity can no longer keep up with Moores Law. Amidst this growth, Connect Networks are expected to play a more critical role than ever before to efficiently use compute processing resources. For example, tightly coupled distributed computing across a set of edge data centers in the metro network, with well-engineered connectivity, has the promise to deliver fungible pools of distributed cloud computing to meet webscale players edge cloud service capacity and performance metrics. This is good news for telecom operators, who can now enable the right type of connectivity for edge cloud service needs.

Telecom operators have a great opportunity to put their strengths to work by monetizing quality of experience in connect platforms by way of Network Slicing, coupled with new consumption and charging models.

While the concept behind network slicing is not new, it is to be understood as the ability to custom fit network connectivity to application needs over a common shared network. Recent technical advancements specifically the advent of Segment Routing (SR), cloud-based controllers and open platforms with APIs for webscale players and application providers to collaborate in a business ecosystem have made mass implementations of network slicing possible. For example, currently, a service provider might approach monetization as a single connectivity model simply based on speed, up-time, or both. In the future, this same service provider could enable a matrix of API driven platform slices to meet a few different application requirements and target quality of experience. The set of monetization options could be, as example, four slices and with on-demand or schedulable time windows.

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Platform economy: Indian telecom operators opportunity to monetize the cloud business - ETTelecom.com

RESEARCH TRIANGLE PARK Fresh off a partnership agreement with Verizon to push edge computing, 5G and more, Big Blue also has signed a deal with global professional services firm EY. A major goal is to help customers speed up digital transformation and also utilize Red Hat OpenShift in hybrid cloud computing.

NotedArvind Krishna, IBMs Chief Executive Officer:

Expanding this global alliance bolsters our ability to bring our hybrid cloud and AI capabilities to clients. The EY organization is a leader in driving large and complex client transformations. Combining EY teams breadth of industry and regulatory knowledge, technology capabilities and longstanding strategy and business consulting leadership, with IBMs powerful technology and Red Hat OpenShifts open hybrid cloud portfolio, will play a key role in accelerating our clients journeys to the cloud.

COVID-19 is driving IBM, IT industry to deliver faster edge computing

Financial terms were not disclosed.

The deal was announced Friday.

Carmine Di Sibio, EY Global Chairman and CEO, said the partnership is built on providing differentiating and transformational business value for clients. As organizations learn how to adapt to todays new normal, leveraging the cloud, AI, analytics and other technologies have become increasingly important. IBM is a proven leader in hybrid cloud and AI, and together were developing innovative solutions to help provide the sustainability and resiliency that assist clients to operate and lead today, and in the years to come, as they reframe their future amidst an unpredictable and rapidly evolving environment.

According to the announcement:

IBM owns Raleigh-based Red Hat and employs several thousand people across North Carolina.

IBM, Verizon team up for 5G effort aiming to accelerate business solutions

Read more:

IBM strikes multi-year alliance with EY; one goal is to boost Red Hat cloud - WRAL Tech Wire

World is experiencing changes across various facets of life personal and professional, at a speed never seen before. Everywhere we look we see that technology seems to be involved in most of our day to day activities. In such a scenario it becomes more important than ever to prepare the students for the future of work and fulfil their passion to excel in developing cutting edge computer applications. Bennett University believes that it can help many such aspiring students in moving ahead on the path of making their dreams come true. Hence the university has launched the Bachelors in Computer Application (BCA) Program with specializations in the most sought after fields BCA (Data Science) and BCA (Cloud Computing & Cyber Security), from the Academic year 2020-21.

Students will be doing three certifications out of Cloud Computing, Cybersecurity, Data Science. Web Technologies and Artificial Intelligence. With one certification each year, students will be ready to jump to work for the industry without any additional training requirements from the Industry.

Key focus of the program will be Industry ready curriculum with special focus on Futuristic technologies combined with core skills. Lot of emphasis is being given to change the adoption curve of new technologies, so that students can match with the skills required by the employers. Bennett University aims to be the educating and equipping students to become the Most preferred potential employees for any corporate.

The key to choosing these specializations and the skills that they will give to the students is that these skills are not just limited to IT industry, when it comes to work or jobs. Every company or industry that deals with Data now or in the future will always need the experts in Data Science to churn their data to give the critical insights that would define and re-define the businesses.

Similarly as we look around every or any corporate or industry seems to be moving to usage of Cloud storage and thus every company or industry that has IT usage will need experts in the field of Cloud technology and Cyber Security because where there is huge amounts of data there is always the risk of security of the Data. Data is the true treasure of any company or Industry and hence Data security is Critical.

Early adoption of technology will be one of the key Mantra which is being facilitated through Professional Certifications which has been integrated with the regular curriculum. Computer Science and Engineering Department is known for its world class faculty and enabling dream jobs for the students. Industry and Corporates have set up various Center of Excellence in Bennett University, which makes it a landmark for prospective students. University has established Center of Excellence in Artificial Intelligence, Data Science, Robotics and Automation, Cybersecurity to name a few. Customized trainings, workshops, hackathons, competitions, student clubs and CXO series gives a definitive edge to the overall personality of the student to flourish in their careers.

Customized skills will be the defining characteristics of the program, which means that every student matters to us and can have flexibility in choosing the electives as per her / his passion.

Disclaimer: Content Produced by Bennett University

Read more:

Bennett University offers BCA Program focussed on Data science and Cloud computing skills - Times of India

If you have a job or a steady income from other sources, it can be easy to sometimes forget the United States is in a recession. After all, you have money coming in and the S&P 500 index has largely, though not entirely, recovered from its steep drop that began in mid-February triggered by the worldwide spread of COVID-19. (In 2020, the S&P 500 has returned 0.9% through July 17.)

It's not wise, however, to bury your head in the sand to some hard facts. In the last couple of months, the U.S. unemployment rate has been higher than at any time since the Great Depression and the COVID-19 pandemic is worsening in this country. This is extremely troubling from several aspects, including an economic one.

Another stock market drop is entirely possible, if not likely, in my opinion. This does not mean that long-term investors should stop investing in the market. It's well-established the stock market is the best passive way to grow wealth over the long term. It does mean, however, you should be particularly selective.

One class of stocks that investors should currently favor are the stocks of larger and profitable companies in the broad technology realm.Two top companies in this sphere that should continue to thrive even if the economic environment worsens are e-commerce and cloud computing giant Amazon.comand graphics processing unit (GPU) leader NVIDIA.

Image source: Getty Images.

Company

Market Cap

Forward P/E

Projected Annualized5-Year EPS Growth*

YTD 2020 Return

10-Year Return

S&P 500

Data sources: Yahoo! Finance and YCharts. Data as of July 17, 2020. P/E = price-to-earnings ratio. EPS = earnings per share. YTD = year to date. *Wall Street's consensus estimate.

Amazon a tech stock? The company generates more of its profits from its cloud computing service, Amazon Web Services, the market leader in the public cloud space, than it does from its e-commerce business. So, its stock is arguably at least as much a tech stock as a consumer goods stock.

Amazon is quite diversified, so buying its stock is kind of akin to buying a basket of stocks -- perhaps large e-commerce and cloud computing service stocks, and smaller stocks focused on smart-home tech, grocery retailing, healthcare, digital advertising, and more. This diversification should continue to enable the company to weather -- and even thrive during -- tough economic climates.

In 2020, Amazon's e-commerce revenue is getting a notable boost from the COVID-19 crisis because people worldwide have flocked to online shopping. Existing online shoppers have increased the amount of shopping they do online, while folks who have never shopped online have begun doing so. This acceleration in the shift from shopping at brick-and-mortar stores to online should prove to be a lasting one, in my opinion.

Wall Street expects Amazon to grow earnings at an average annual rate of 34% over the next five years. The company has a good track record of beating analysts' earnings expectations, and there's no reason to believe it won't continue to do so.

NVIDIA is also solidly diversified, and has both consumer- and enterprise-focused businesses. In the consumer realm, it's the market leader in discrete GPUs used to make graphics cards for desktop computer gaming. In fiscal Q1 2021, its gaming platform accounted for about 44% of its total revenue. Computer gaming is a worldwide growth market, thanks largely to the explosion in popularity of esports and the improving quality of video games.

Many hard-core or semi-hard-core gamers won't easily give up spending money on their favorite hobby. So, this market is likely to prove more resilient to economic downturns than most consumer discretionary markets.

In fiscal Q2, gaming is poised to be dethroned as the company's largest platform by revenue. NVIDIA's acquisition of networking specialist Mellanox Technologies, which closed on the first day of fiscal Q2, should result in its data center platform becoming its largest platform. In fiscal Q1, this business accounted for 37% of the company's total revenue.

Data center has been NVIDIA's fastest growing platform in recent years. Growth is being driven by the widespread shift to cloud computing and the rapid adoption of artificial intelligence (AI) by entities of all sizes. Spending on AI isn't likely to let up, even if the economy worsens. Investing in AI capabilities is a must for most types of companies if they want to remain competitive. This is more true now than ever, as the pandemic has accelerated the shift toward doing many things remotely -- such as working, shopping, and "visiting" a healthcare provider. AI capabilities are needed to enable many remote services and functions.

Read more from the original source:

2 Top Tech Stocks to Buy During the 2020 Coronavirus Recession - Motley Fool

We all know about the inertia associated with starting something new, about comfort in the known, and about resistance to change.

We have inertia in starting something, and when we finally start, we have inertia in stopping what we have started, and are unwilling do something different. Great physicists recognize this tendency of humans and nature, motivating Isaac Newton to create his First Law of Motion back in the days at Cambridge University in the United Kingdom. Yet change is inevitable, and the most successful leaders and businesspeople might as well be those who welcome change with open arms, as an integral part of human experience.

But why do people fear change? I am sure psychologists have fine theories, but for the rest of us, fear of consequences is usually the reason for our unwillingness to change. The fear that the change might create problems for us and make our lives less comfortable. Why fix it when its not broken is a common refrain. As a result, we wait until rapid and formidable disruptions of our lives happen before we enact change. These disruptions could come in the form of massive illness, near-death experience, or even the death of a loved one. For example, I cannot begin to tell you the changes I made in my life following the death of my mother 18 years ago. Some of the changes were things I should have been doing in the first place before my mom died. But when the shockwave of her death arrived, I had no more excuses and nowhere to hide! This is one reason why perfectionism can be very undesirable it does not allow for nimbleness.

My generation essentially started the business of applying hardcore computer simulations to solve engineering problems about 35 or so years ago. Since the 1990s, I have been part of the development and/or management team of a few commercial software packages that solve engineering problems in the mechanical and aerospace engineering field. A significant part of our challenge a few decades ago is the unwillingness of folks to try out the new technologies that we had introduced. Engineering is too risky, and folks would rather opt for physical experiments than vaporware. That is, until they cannot no longer sit on the fence. This is certainly the story of cloud computing today. People dragged their feet until COVID-19 landed. Kurt Marko puts this nicely in his 30 April 2020 article in diginomica.com: disruptive events (of COIVD-19) cut through personal and bureaucratic inertia to catalyze changes at a rate seemingly impossible during placid times. Indeed, the DXC survey documents such behavioral friction in the form of employee foot-dragging and management indecisiveness as prime impediments to digital transformation strategies.

Obviously, the COVID-19 pandemic represents a massive disruption in the lives of virtually every person on earth: sudden deaths by the hundreds of thousands as weve never seen in this generation; and airlines, oil companies, hotel chains, and the recreation enterprise seeing their businesses decimated and stocks dumped. But the pandemic has also created business opportunities in other areas, for people who are positioned to, and are adept at, cashing in.

The pandemic lockdowns have caused people to find alternatives to in-person learning, which invariably implies online learning. Well, people also work from home during the pandemic lockdowns. Of course, there are the digital native companies (such as Microsoft, Google, Amazon), for whom the shift to remote working is relatively seamless well, provided they are set up to use cloud facilities. For the everyday business, sustaining operations in the age of the pandemic could represent nightmare that could test the survivability of the entity. The successful ones will probably be those who have been able to expeditiously adapt their operations via accelerated cloud adoption. Managers may need to upskill in crisis management, and cloud-first model may be unavoidable for some businesses. Companies simply must enable an increasingly mobile workforce. In the words of Emil Sayegh on 6 March 2020 in forbes.com, A widespread epidemic validates the need for the maintenance of corporate functionality based on cloud technologies.

Of course, this column in Daily Trust has covered a lot on Cloud Computing since its inception in 2011. In fact, the maiden article, which is based on cloud computing, was written at a time when Amazon Web Services (AWS), Microsofts Azure, and Google Cloud Platform (GCP) were at infancy. In terms of the market share of cloud infrastructure, AWS, Azure, GCP and Alibaba are the leaders, with respective percentage shares of 32.4, 17.6, 6, and 5.4.

The prospect of cloud deployment in the age of the COVID19 pandemic has been summarized in cloudcomputing-new.com on 17 April 2020: Stores that still use traditional web hosting are likely to experience downtimes as they run out of network resources to handle the drastic increases in traffic. Cloud hosting solutions are highly scalable, so a sudden rise in traffic is unlikely to disrupt business. Additionally, cloud hosting providers are more equipped and experienced in dealing with cyber-attacks. They can protect their servers from DDoS, hacking, and other threats better than organizations that operate on-site servers. This means that cloud solutions help minimize instances of downtimes brought about by cyber-attacks. (DDoS stands for distributed denial of service.)

Related

The rest is here:

Pandemic shockwave shatters cultural barriers to cloud adoption - Daily Trust

Enterprises eager to undergo digital transformations and modernize their applications are quick to see the value of adopting a cloud computing platform. They are increasingly finding business agility or cost savings by renting software. Each cloud computing service and deployment model type provides you with different levels of control, flexibility and management. Therefore, its important to understand the differences between them.

Common convention points to public cloud as the delivery model of choice. But, when considering the right architecture of cloud computing for your applications and workloads, you must begin by addressing the unique needs of your business.

This can include many factors, such as government regulations, security, performance, data residency, service levels, time to market, architecture complexity, skills and preventing vendor lock-in. Add in the need to incorporate the emerging technologies, and you can see why IT leaders are challenging the notion that cloud computing migration is easy.

At first glance, the types of cloud computing seem simple: public, private or a hybrid mix of both. In reality, the choices are many. Public cloud can include shared, dedicated and bare metal delivery models. Fully and partially managed clouds are also options. And, in some cases, especially for existing applications where architectures are too complex to move or the cost-benefit ratio is not optimal, cloud may not be the right choice.

The right model depends on your workload. You should understand the advantages and disadvantages of each cloud deployment model and take a methodical approach to determining which workloads to move to which type of cloud for the maximum benefit.

Dive deeper into specific cloud service and deployment models, cloud computing architecture and cloud computing examples

More:

Cloud computing | IBM

Great Learning, Indias EdTech company for professional and higher education and Indian Institute of Technology Madras (IIT Madras), Indias top ranked educational institution, today announced the launch of the Advanced Certification Program in Software Engineering for IoT, Cloud and Blockchain. This 9-month long online program will be co-developed and co-delivered by top-notch faculty and industry experts from IIT-Madras and Great Learning. The program offers 300 hours of robust online video learning sessions, live learning sessions, and a series of practical projects in cloud computing, block chain and IoT.

Indian Institute of Technology Madras (IIT Madras) has been Indias top ranked engineering institution for the past 5 years and is one of the most progressive institutions when it comes to offering industry relevant programs. The recent announcement of an online BSc in Data Science by IIT Madras and now this Advanced Certification Program in Software Engineering provide millions of students and technology professionals with the access to high quality education from Indias #1 ranked institute.

This program focuses on making current and aspiring software developers job-ready and future-proof by teaching them cutting edge technologies and is designed tobridge the talent shortage faced by the industry in the areas of Cloud computing, Block chain and Internet of Things.Mercers Global Talent Trends Study 2020 highlights that 99% companies are embarking on digital transformation this year and are also reporting significant skill gaps. Moreover, Deloittes outlook on the Technology industry for 2020 also states high adoption in the industry by technologies such as Cloud Computing and AI. This program aims to help learners develop the required skills for roles like Software Development Engineers, Software/Technical Architects, Solution Architects,Cloud engineersetc.

Dr. Janakiraman,Professor, Department of Computer Science and Engineering, IIT Madrassaid,As the world increasingly adopts frontier technologies such as IoT, Cloud Computing and Blockchain, it is important for our software engineers and software professionals to master these technologies. This is important if India has to retain its edge in a Software-dominated world. As Indias pioneering institution, we, at IIT Madras are happy to offer this Advanced Software Engineering program in collaboration with Great Learning.

Mr. Mohan Lakhamraju, Founder and CEO, Great Learningsaid,We are delighted to collaborate with IIT Madras to offer this program and further our mutual objective of making high quality education more accessible through online programs. This program marks the coming together of Indias top engineering institution and Indias top online professional learning provider and will immensely benefit millions of technology professionals and students in our country. Given the increasing demand for digital skills, upskilling in cutting edge technologies such as Cloud Computing, Block Chain and Internet of Things is the key to staying competitive in todays job market.

If you have an interesting article / experience / case study to share, please get in touch with us at [emailprotected]

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IIT Madras and Great Learning introduce an Advanced Certification Program in Software Engineering for Cloud, Blockchain & IOT - Express Computer

New Jersey, United States,- Latest update on SaaS Cloud Computing Market Analysis report published with extensive market research, SaaS Cloud Computing Market growth analysis, and forecast by 2026. this report is highly predictive as it holds the overall market analysis of topmost companies into the SaaS Cloud Computing industry. With the classified SaaS Cloud Computing market research based on various growing regions, this report provides leading players portfolio along with sales, growth, market share, and so on.

The research report of the SaaS Cloud Computing market is predicted to accrue a significant remuneration portfolio by the end of the predicted time period. It includes parameters with respect to the SaaS Cloud Computing market dynamics incorporating varied driving forces affecting the commercialization graph of this business vertical and risks prevailing in the sphere. In addition, it also speaks about the SaaS Cloud Computing Market growth opportunities in the industry.

SaaS Cloud Computing Market Report covers the manufacturers data, including shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including SaaS Cloud Computing market size, volume and value, as well as price data.

SaaS Cloud Computing Market competition by top Manufacturers:

SaaS Cloud Computing Market Classification by Types:

SaaS Cloud Computing Market Size by End-user Application:

Listing a few pointers from the report:

The objective of the SaaS Cloud Computing Market Report:

Cataloging the competitive terrain of the SaaS Cloud Computing market:

Unveiling the geographical penetration of the SaaS Cloud Computing market:

The report of the SaaS Cloud Computing market is an in-depth analysis of the business vertical projected to record a commendable annual growth rate over the estimated time period. It also comprises of a precise evaluation of the dynamics related to this marketplace. The purpose of the SaaS Cloud Computing Market report is to provide important information related to the industry deliverables such as market size, valuation forecast, sales volume, etc.

Major Highlights from Table of contents are listed below for quick lookup into SaaS Cloud Computing Market report

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SaaS Cloud Computing Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 - 3rd...

"If you look at SafetyCulture, Culture Amp, and Canva is probably the best example of it, they are all built on the cloud," he said. "A lot of these companies are seeing (the shift to the cloud) accelerate as a result of the coronavirus pandemic."

Meanwhile, Airtree Ventures partner James Cameron pointed to the growth of online cloud computing training provider A Cloud Guru, which reached $116 million in revenue this year, as a good example of how tech startups can make the most of the rush to the cloud.

A Cloud Guru teaches people how to use cloud platforms like Amazon Web Services, Microsoft Azure and Google Cloud Platform and has taught two million users since launch in 2015.

"It really has been the right time and right place (for the business) to enjoy that explosive growth," Mr Cameron said.

"They are sitting at this mega trend and of the tailwinds they have got behind them one is online education and the second is the shift into digital reskilling, then there's also the shift in the general software development world to the cloud."

A Cloud Guru co-founder and chief executive Sam Kroonenburg said remote working has been a key catalyst for the shift to the cloud.

A Cloud Guru co-founder and chief executive Sam Kroonenburg. Credit:Eamon Gallagher

"I think the world has a mandate to move to the cloud and this is a major shift that is happening across the world globally," he said. "Companies are wanting to move away from managing their own infrastructure, they want to have the flexibility to send their workforce home and COVID-19 is just accelerating that trend."

Mr Kroonenburg said he expected this shift to continue even after the pandemic is over.

"It is a long term systemic change," he said.

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Paul Bassat, co-founder of Square Peg, said migration to the cloud was one of the key themes the venture capital firm was focused on, pointing to its investments in Israeli data centre infrastructure startup Excelero and cloud storage infrastructure startup Lightfix.

"We are essentially seeing pretty much all businesses are going to move to the cloud, we are 20 to 30 per cent into that journey so there's still a long way to go here," he said.

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Venture capital firms bank on a sustained shift to the cloud - Brisbane Times

CHICAGO--(BUSINESS WIRE)--Univa, a leading provider of workload management and cloud automation solutions for enterprise HPC, today announced that TMC, a global, integrated media company, has awarded Navops Launch 2.0 a 2020 Product of the Year Award, presented by Cloud Computing Magazine.

As more and more enterprises migrate HPC workloads to the cloud, there is a growing need for solutions to help manage the complexity of moving their compute to the cloud, said Rob Lalonde, VP and General Manager - Cloud, Univa. We developed Navops Launch 2.0 to help enterprises easily deploy and manage their HPC workloads within a wide range of hybrid cloud environments, regardless of workload complexity or scale. We are honored to have Navops Launch recognized for its innovation and benefits to enterprise customers.

Navops Launch 2.0 delivers powerful features for workload and resource automation that can be used in conjunction with any combination of cloud providers, including AWS, Google Cloud Platform and Microsoft Azure. With Navops Launch 2.0, enterprises can easily extend HPC workloads to the cloud to boost efficiency and productivity, and dramatically improve cloud ROI while reducing cloud-related spending by 30-40 percent. Navops Launch 2.0 achieves these substantial efficiency gains by right-sizing cloud resource selection, automating hybrid cloud operations, and monitoring key process indicators to ensure optimal resource utilization and full visibility and control over cloud spending.

Congratulations to Univa for being honored with a Cloud Computing Product of the Year Award, said Rich Tehrani, CEO, TMC. Navops Launch 2.0 is truly an innovative product and is amongst the best solutions available within the past twelve months that facilitates business-transforming cloud computing and communications. I look forward to continued excellence from Univa in 2020 and beyond.

About Univa Corporation

Univa is the leading provider of workload management and cloud automation solutions for enterprise HPC. Customers around the world are using Univa Grid Engine and Navops Launch to manage diverse application workloads and resources and scale and automate infrastructure management to maximize efficiency, throughput and manage cloud spend. Univas solutions help customers run thousands of HPC, analytics and AI workloads across multiple industries to innovate faster, obtain better quality insights, and improve competitiveness and business productivity. Univa is headquartered in Chicago, with offices in Canada and Germany. For more information, visit http://www.univa.com.

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Cloud Computing Magazine Names Univa a 2020 Product of the Year Award Winner - Business Wire

The Australian government sector is a significant user of the public Cloud and spent almost $A1 billion ($US702 million) on it in 2018, according to a Deloitte Access Economics report.

A new whitepaper calledPerceptions of Cloud Computing in Governmentprepared by Which-50 and sponsored by Rubrik looks at the progress of cloud computing in the Commonwealth Government and reveals the attitudes of senior executives and industry leaders, the criticality of security, and impediments that keep agencies and departments on the sidelines.

The whitepaper also identifies the benefits government IT leaders believe cloud can provide. They include increasing the speed of delivering new platforms which allow for continuous improvement, providing easier access to services, and reducing the effort needed for maintenance, while allowing agencies to focus on improving service delivery.

With studies indicating that the cumulative productivity benefits of public Cloud to the Government sector could already be more than $A2 billion over the past five years, cloud computing offers genuine productivity benefits and transformational opportunities.

Yet while heavily supported by the government, and embraced by its agencies, the move is still stalling on some levels because of confusion around what Cloud really brings. There are also fears that it may not be secure, and consequently that it may pose a threat to highly sensitive data assets.

The authors of the report spoke to technology leaders in and around the Commonwealth Government to understand the issues concerning government guidance and policy related to Cloud services including their view of Cloud generally, their current posture to Cloud computing and their perceptions of how non-technical managers view cloud computing.

The report also draws on recent research by industry analysts and leading management consultants to help readers better understand the current state of play.

Access the full report here.

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch ateditorial@governmentnews.com.au.

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Perceptions of cloud computing in goverment - Government News

By Prasad Rajappan, Founder of ZingHR

Cloud computing has emerged as an indispensable organ in the HR technology segment. This technology refers to the use of configurable resources such as software development applications and storage over the Internet. The hardware is managed by a vendor and services are on a paid model. Cloud computing eliminates the use of additional infrastructure to maintain enterprises data and is a scalable investment that functions as a centralized repository for firms. Agility, ease of implementation, cost-efficiency and productivity are the hallmarks of cloud computing technology. A state-of-the-art cloud computing technology not only streamlines the recruitment process but transform the entire gamut of HR functions; it also heralds a new tech-driven culture in an organisation. Discussed are some of the recent trends in cloud computing technology.

The shift from multi-channel to an omnichannel model

Cloud computing has become more portable and ensures a seamless streamlining of functions with the proliferation of data integration platforms and vendors cross-platform alliances. What was multi-channel has now become omnichannel to benefit enterprises that have implemented it.

Role of Internet of Things

Internet of Things and Cloud Computing enjoy a complementary relationship. Greater connectivity by devices serves as a channel to transport massive information for use by firms. Here the technology used by the enterprise is not the only significant; its ramifications even extend to personal devices used by employees. Hence the IoT is a tool that can be utilized to transform massive amounts of data as information quickly. Though IoT generates a huge amount of data, storage is not a hurdle as it can be scaled up.

Key to employee wellness

Cloud computing can play a significant role in employee engagement and wellness that has emerged as a new focus for enterprises. Cloud communication can fill in the missing links in the communication. It also allows managers to review employees performance continuously through a single dedicated platform. It also allows employees to give feedback about their managers.

Key to learning culture

With more and more firms adopting e-learning, in-person and manual training have given way to sophisticated learning platforms. Cloud computing is an important enabler to keep employees in line with industry requirements along with fostering a culture of lifelong learning in an organisation.

Role of modular software

As organisations embrace decentralization, data will be stored in places other than the cloud. The wide adoption of modular software and different serves will enable this change.

Key to an agile workforce

An agile and flexible workforce has gained a new currency in recent times. Cloud Computing is an excellent medium to connect the workforce across diverse geographies and profiles. It provides quick, on-the-go and instant access to communication.

Role in Data Security

The HR function possesses a lot of data about employees credentials that have to be confidential. With data security and privacy emerging as potent concerns in these times, cloud computing if implemented with state-of-the-art security measures can protect the data to the core. Hence more and more enterprises are now relying on platform-specific security solutions rather than on third party solutions

Innovation to be the key

Innovation will still be the centerpiece while adopting cloud computing to enable a tech-driven workforce. New trends such as quantum computing, usage of the Kubernetes platform to overcome barriers among others will redefine the HR technology segment.

Hence cloud computing significantly empowers HR function by enabling it to be more productive, responsive and dynamic to help firms gain a competitive edge over their counterparts.

If you have an interesting article / experience / case study to share, please get in touch with us at [emailprotected]

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Cloud Computing- A Revolution In The HR-tech Segment - Express Computer

In a recent blog post, Google announced the introduction of the Accelerator-Optimized VM (A2) family on Google Compute Engine, based on the NVIDIA Ampere A100 Tensor Core GPU. A2 provides up to 16 GPUs in a single VM and is the first A100-based offering in the public cloud.

Google designed the A2-family of VMs to boost training and inference computing performance for its customers. The A2 features the NVIDIA A-100 Tensor Core graphics processing unit based upthe newly NVIDIA Ampere architecture. According to the blog post, the A-100 offers up to 20 times the compute performance compared to the previous generation GPU, and comes with 40 GB of high performance HBM2 GPU memory. Also, A2 VMs come with up to 96 Intel Cascade Lake vCPUs, optional Local SSDs for workloads requiring faster data feeds to GPUs and up to 100 Gbps of networking.

When customers have more demanding workloads, the A2 offers the a2-megagpu-16g instance with 16 A100 GPUs, which include a total of 640 GB of GPU memory, 1.3 TB of system memory and all-in-all connected through NVSwitch with up to 9.6TB/s of aggregate bandwidth.

Source: https://cloud.google.com/blog/products/compute/announcing-google-cloud-a2-vm-family-based-on-nvidia-a100-gpu

Note that A2 also offers smaller configurations allowing customers to match their need for GPU compute power. Customers can choose between five configurations, from one to 16 GPUs, with two different CPU- and networking-to-GPU ratios - each GPU to be partitioned into as many as seven GPU instances, owing to Amperes multi-instance group (MIG) capability.

Ian Buck, general managerand vice president of Accelerated Computing at NVIDIA, wrote in a recent company blog post about the availability of the A-100 on GCP:

In cloud data centers, A100 can power a broad range of compute-intensive applications, including AI training and inference, data analytics, scientific computing, genomics, edge video analytics, 5G services, and more.

With the A2 family, VMs Google further expands its portfolio of predefined and custom VMs ranging from compute- to accelerator optimized machines. Moreover, the company continues to compete with other cloud vendors such as Microsoft, which recently released new general purpose and memory-optimized VM families on various Intel Chipsets (AVX-512) and AWS, which recently released EC2 Inf1 instances based on its Inferentia chips. Many of these new VM types are targeted for customers with AI and Machine Learning workloads.

Holger Mueller, principal analyst and vice president at Constellation Research Inc., told InfoQ:

The battle for cloud leadership is primarily fought in the AI battle, and that is all about getting the AI load of enterprises attracted to each vendor's cloud. In the middle are platform vendors like NVidia, that providea cross-cloud platform and on-premise option. So with Google bringing the newest Nvidia platform to its Google Cloud, it makes it easier for CxOs to move AI workloads across on-premises and to the (Google) cloud.

Also, he said:

With Google being the #3 vendor, it has to be more open and more creative at attracting load - and this is another example of the Google strategy. In contrast, the larger AWS and Azure strategy is still to move to cloud proprietary compute architectures for AI loads. CxOs need to be awarethat lock-in is still a desirable outcome for most technology vendors and needs to balance the risks between convenience, speed and lock-in.

Currently, the A2 VM family is in alpha, and customers can request access by signing up. Moreover, Google states that public availability and pricing information will come later in the year. And finally, the company also announced forthcoming Nvidia A100 support for Google Kubernetes Engine, Cloud AI Platform, and other services.

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Google Launches the First NVIDIA Ampere A100 GPUs in the Cloud with Computing Engine A2 VMs - InfoQ.com

Healthcare Cloud Computing MarketSynopsis

Market Research Future (MRFR) proclaims that the global healthcare cloud computing market is predicted to garner a stellar CAGR during the forecast period (2017-2023). The surging adoption of the Internet of Things (IoT) has catalyzed the growth of the market across the globe. Cloud computing can be referred to as the practice of using a network of remote servers which are hosted on the internet, in order to manage, store, and process data. Cloud computing does not require a local server and reduces the overall cost efficiently by cutting infrastructural expenses. Cloud computing provides several benefits which have impacted the general market for cloud-based technologies.

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Healthcare Cloud Computing MarketPotential and Pitfalls

Cloud computing helps to reduce the overall cost as it is used without the interference of physical infrastructure. The internet stores and manages data which cuts down the maintenance cost, thereby propelling the healthcare cloud computing market across the globe. With the widespread and high demand for cloud computing and revolution in IT, the overall healthcare sector has been affected positively. The amount of data generated in the healthcare sector has triggered the adoption of cloud computing across the globe. Moreover, major market players of the healthcare cloud computing are actively engaged in the development of improved services which has continued to optimize operations in complex and large sectors, for instance, healthcare.

The advent of blockchain technology in cloud computing is considered one of the key trends which are anticipated to gain prominence in the global market. The healthcare sector is highly deploying cloud computing systems in order to streamline claims, achieve greater data security, ensure drug supply chain, manage billings, and ensure health research integrity. Blockchain also provides integrity and superior data security to the systems in which is further employed owing to its distributed characteristics. Such factors are expected to bolster the market growth worldwide.

On the contrary, concern and security risks associated with the sensitive data being made available on the cloud is anticipated to deter the market growth throughout the appraisal period. Moreover, inefficient backup activities and cloud breaches with regards to data undertaken by the healthcare organizations are estimated to vitiate the market growth in the coming years.

Global Healthcare Cloud Computing Market: Segmental Analysis

Thehealthcare cloud computing markethas been segmented on the basis of application, deployment, end-user, and service.

By mode of applications, the global healthcare cloud computing market has been segmented into clinical information system (CIS) and non-clinical information system (NCIS). Among these, the clinical information system is considered to command the major share owing to the increased prevalence of chronic diseases coupled with the surging geriatric population resulting in an increased patient data volume.

By mode of deployment, the global healthcare cloud computing market has been segmented into public cloud, private cloud, and hybrid cloud. Among these, the private cloud is likely to gain prominence in the coming years owing to its higher adoption rate due to better security.

By mode of end-user, the global healthcare cloud computing market has been segmented into healthcare players and healthcare providers.

By mode of service, the global healthcare cloud computing market has been segmented into software-as-a-service (SaaS), infrastructure-as-a-service (IaaS), and platform-as-a-service (PaaS). Among these, the software-as-a-service is anticipated to gain prominence during the appraisal period owing to its easy deployment, less lead time, and service providers ownership of support and maintenance tasks.

Healthcare Cloud Computing MarketRegional Insights

Geographically, healthcare cloud computing market span across regions namely, Latin America, Europe, Asia Pacific, North America, and the Middle East & Africa.

Considering the global scenario, the healthcare cloud computing market is dominated by the North American region owing to the presence of the U.S. with a high concentration of market players. Also, the presence of a significant healthcare sector is estimated to foster growth. The region also exhibits an affinity for the adoption of advanced technologies, which is further estimated to contribute to the market growth.

The Asia Pacific region is considered to expand at a rapid pace owing to the presence of well-developed healthcare infrastructure. Economies like China and Japan are among the most populous countries, possessing a massive patient population. The need to have proper operations in order to treat such a huge patient population has triggered the adoption of advanced healthcare cloud computing solutions in this region.

Healthcare Cloud Computing Industry Updates

January 02, 2019: 3M has recently announced their plan to acquire the cloud-based clinical documentation unit of M*Modal for USD 1 billion. 3M has planned to add the Pittsburgh-based M*Modal business to 3M Health Information Systems unit which is a supplier of services and software to healthcare payers and providers.

Healthcare Cloud Computing Market Competitive Dashboard

The prominent players operating in the global healthcare cloud computing market comprises Microsoft Corporation, Oracle Corporation, Merge Healthcare Inc., Cerner Corporation, Carestream Corporation, ClearData Networks Inc., International Business Machines (IBM) Corporation, CareCloud Corporation, Agfa-Gevaert N.V., Sectra AB, Siemens Healthineers, GE Healthcare, NextGen Healthcare, Dell Inc., athenahealth Inc., and Nuance Communications.

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Healthcare Cloud Computing Market Size, Share, overview 2020, Covid-19 Impact Analysis, Technology Trends, Global Industry Analysis, Business Growth...

Global Cloud Computing in Automotive Market report constituting all-inclusive research exceeds the speed of expansion in the market for its projected period. Offering a quick overview, the report comprises the size and estimation of worldwide Cloud Computing in Automotive market while within the forecast period. Additionally, it highlights major conveying facets for its expansion in addition to established players on the market alongside their market share and various market segments along with development and market trends. The global Cloud Computing in Automotive research report assesses that the expansion of this worldwide market across renowned geographic segments. The information collected in this document is accumulated by the permissible industry specialists to predict the development of each department.

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The report on Cloud Computing in Automotive market makes concrete headways in identifying and deciphering each of the market dimensions to evaluate logical derivatives which have the potential to set the growth course in global Cloud Computing in Automotive market. The report is directed to arm report readers with conclusive judgment on the potential of mentioned factors that propel relentless growth in global Cloud Computing in Automotive market. This high-end research comprehension on Cloud Computing in Automotive market renders major impetus on detailed growth facets, in terms of product section, payment and transaction platforms, further incorporating service portfolio, applications, as well as a specific compilation on technological interventions that facilitate ideal growth potential in global Cloud Computing in Automotive market.

Top Leading Key Players are:

Amazon Web Services, Microsoft Azure, and Google Cloud Platform

Read complete report with TOC at: https://www.adroitmarketresearch.com/industry-reports/cloud-computing-in-automotive-market

This report covers present status and future prospects for Cloud Computing in Automotive Market forecast till 2025. The research report cover market Overview, Development and Segment by Type, Application and Region. Global Market by company, Type, Application and Geography. The report begins from overview of industrial chain structure and describes the upstream. Besides, the report analyses Cloud Computing in Automotive market trends, size and forecast in different geographies, type and end-use segment, in addition, the report introduces market competition overview among the major companies and companies profiles, besides, market price and channel features are covered in the report.

The key regions covered in the Cloud Computing in Automotive market report covers all the geographical regions where competitive landscape exists by the players such as North America, Europe, Latin America, Asia-Pacific and Middle East Africa. This market ready research offering on market is a go-to synopsis that highlights on all the core developments simultaneously dominant across all regional hubs in the Cloud Computing in Automotive market and their subsequent implications on holistic growth trajectory of market globally. The report is aimed at answering all the relevant queries pertaining to the target market based on which successful business decisions could be rapidly applied, favoring uncompromised growth in the market.

This elaborate research report on the aforementioned Cloud Computing in Automotive market is an essential market presentation that nurtures crucial details on notable growth rendering factors such as PESTEL and SWOT analysis that collectively determine various socio-economic and political factors based on which new as well as established players in the Cloud Computing in Automotive market can facilitate high end growth and sustainable revenue pools in the Cloud Computing in Automotive market. Based on these elaborate and accurate market specific factors market players can effectively nurture and deliver growth rendering business discretion in the Cloud Computing in Automotive market.

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2020-2025 Global Cloud Computing in Automotive Market: Development, Demand, Leading Players and Forecast Outlook | Orbis Research - Cole of Duty

Global cloud computing in automotive market report 2020-2025 also includes qualitative insights such as drivers and restraints. Data analytics and connected solutions are leading higher adoption of cloud computing in automotive sector.

The automotive sector has gone through the number of radical changes along with various important advancements in technology. Thus, the traditional vehicles with the basic functionalities have now transformed into connected cars with the huge number of modernized features that are not restricted to cloud computing, Big Data Internet of Things, as well as Artificial Intelligence. In addition, growing agility and automation need for bringing improved consumer experience as well as raised cost return and cost savings on investment are some of the major factors responsible for the global Cloud computing in automotive market growth. On the other hand, data prone to lack of skilled labor as well as cyber-attacks may hinder the global cloud computing in automotive market growth.

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The global market size for cloud computing in automotive industry is anticipated to reach USD 9.62 billion by 2025. The major driver for the adoption of cloud computing services is the cost efficiency over the traditional on-premise infrastructure. Additionally, the massive growth in data generation through multiple business functions and specific focus on customer-centric applications for improved customer engagement are some of the other factors driving the growth for the cloud computing market. Rapid development and integration of technologies such as IoT, AI, and Blockchain have enhanced the adoption of cloud computing services across the industries.

In addition, IaaS (Infrastructure as a Service) is helping organizations to improve infrastructure performance as well as scalability. However, the major features offered by the IaaS comprise dynamic scaling, automated administrative tasks, network connectivity, and platform virtualization. Furthermore, IaaS allows organization to influence their infrastructure without paying for the building the physical infrastructure. Moreover, it also offers mobility, flexibility, scalable and easy access to the number of applications and improved collaborations to aid businesses focus on the core business processes.

Another important aspect of cloud computing in automotive industry is adoption of green technology. Automotive industry is constantly encountering environmental issues and todays consumers are aware and finding alternative forms of transportation. With help of cloud, vehicles can embrace green technology for efficient driving and reduce CO2 emissions. Cloud computing can develop the required systems and processes to build and design electric vehicles.

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Furthermore, the consumer goods and retail segment if one of the fastest-growing segment in terms of adoption of innovative as well as emerging technologies such as big data analytics, cloud computing, digital stores, DevOps, and social networks. The numbers of factors driving the demand of global Cloud computing in automotive market are increasing purchasing power of consumers as well as the need to satisfy consumer expectations. In addition, cloud technologies and online retailing have expressively disrupted the consumer good and retail segment which led to the cloud computing adoption especially for security services, backup, as well as storage. This factor also contributed to the global Cloud computing in automotive market growth.

According to the geographical front, the global Cloud computing in automotive market is divided into North America, Europe, South America, Asia pacific, and MEA. North America holds the largest global Cloud computing in automotive market share. Moreover, connected cars are becoming more advanced technology and the cloud computing enables automotive software vendors as well as car manufacturers to be more responsive. On the other and, cloud applications can manage operations, improve transparency, increase governance, and offer manufacturers a highly competitive edge.

The global Cloud computing in automotive market is extremely competitive owing to the top service providers offering the high-quality service across the globe. Some of the service providers of global Cloud computing in automotive market include SAP, Microsoft, AWS, IBM, Google, Alibaba, Oracle, and many others.

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

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Cloud Computing in Automotive Market is Expected to Value at USD 2.00 billion in 2018 and it is Expected to Register a CAGR of 20.8% During the...

Text size

One of the core themes behind the years remarkable run-up in technology shares is the accelerated adoption of cloud-based computing servicesalmost all of them stemming from the power and flexibility built by the leading public cloud operators, Amazon.com, Microsoft and Alphabet.

Mizuho Securities analyst James Lee asserts in a new research note that new contract activity for cloud computing has recovered to 85% of pre-Covid levels, and should accelerate into the years second half.

Enterprises are becoming more urgent on cloud migration, with emphasis on database management, cybersecurity and automation, Lee writes. Demand increased from core verticals such as financial services and retail. The biggest surprise was health care, which has been lagging in cloud computing, but Covid-19 accelerated adoption due to telemedicine and digitizing patient data.

Lee repeats his Buy ratings on both Amazon (ticker: AMZN) and Alphabet (GOOGL), lifting his target price to $3,450 from $3,100 for Amazon, and to $1,650 from $1,560 for Alphabet.

We believe that higher utilization for data migration to the cloud and database management applications is favorable for Amazon Web Services as it has the largest infrastructure service, the most advanced technology, and a comprehensive ecosystem for native database management, he writes.

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And he says that increased demand from the retail sector is modestly positive for Alphabets Google Cloud Platform.

For retail, the goal of investment in the cloud is to transform the retail environment by digitizing inventory and automating payments in order to compete with e-commerce pure plays, he writes. For health care, which has been lagging in cloud adoption, we believe it reached an inflection point recently as hospitals are migrating to cloud due to increased demand for telemedicine, [customer relationship management] and patient database management.

Amid a broad rally in tech shares, Amazon was up 1.3%, to $3,242.90 Monday afternoon and Alphabet was up 0.9%, to $1,553. Microsoft (MSFT) slipped 0.2% to $213.16, while the Nasdaq Composite Index added 0.7% and the Dow Jones Industrial Average gained 1.7%.

Write to Eric J. Savitz at eric.savitz@barrons.com

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Buy Alphabet and Amazon Stock, Analyst Says. Your Head Should Be in the Cloud. - Barron's

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the CLOUD COMPUTING IN RETAIL BANKINGMarket which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for CLOUD COMPUTING IN RETAIL BANKING Market Players to battle Covid-19 Impact.

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Key Companies/Manufacturers operating in the global CLOUD COMPUTING IN RETAIL BANKING market include:China Unicom, Intuit, IBM, Amazon Web Services (AWS), Ellie Mae, Infosys, Ucloud, Veeva Systems, SAP, Bankinter, BBVA, Huawei, Microsoft, TCS, China Telecom, Salesforce, Medidata, Alibaba, Kingsoft, Intel, Google, Wipro, Workday, Oracle and More

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Our Complimentary Sample CLOUD COMPUTING IN RETAIL BANKING market Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

Each region is exhaustively researched about so that players can use the analysis to tap into unexplored markets and plan powerful strategies to gain a foothold in lucrative markets. The regional analysis section of the report offers a extensive analysis of the global CLOUD COMPUTING IN RETAIL BANKING market on the basis of region. The global CLOUD COMPUTING IN RETAIL BANKING market will showcase a steadyCAGR in the forecast year 2020 to 2026.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:Infrastructure as a Service (IaaS)Platform as a Service (PaaS)Software as a Service (SaaS)On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of CLOUD COMPUTING IN RETAIL BANKING for each application, including:PersonalFamilySmall and Medium-Sized Enterprises (SMES)

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Regions Covered in the Global CLOUD COMPUTING IN RETAIL BANKING Market: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Years Considered to Estimate the CLOUD COMPUTING IN RETAIL BANKING Market Size:History Year: 2015-2019Base Year: 2019Estimated Year: 2020Forecast Year: 2020-2026

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COVID-19 Update: Global CLOUD COMPUTING IN RETAIL BANKING Market is Expected to Grow at a Healthy CAGR with top players China Unicom, Intuit, IBM,...