Cloud Computing in Higher Education Market Share, Size, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast…

According to the Astute Analytica study on the global Cloud Computing in Higher Education Market, the size of the market will increase from US$ 2,693.5 Million in 2021 to US$ 15,180.1 Million by 2030, registering a remarkable compound annual growth rate (CAGR) of 22% from 2022 to 2030.

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the global Cloud Computing in Higher Education Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the markets overall size.

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

Market Dynamics and Trends

Drivers

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

Restraints

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

Cloud Computing in Higher Education Market Country Wise Insights

North America Cloud Computing in Higher Education Market-

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

Europe Cloud Computing in Higher Education Market-

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

Asia Pacific Cloud Computing in Higher Education Market-

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

South America Cloud Computing in Higher Education Market-

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

Middle East Cloud Computing in Higher Education Market-

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

Africa Cloud Computing in Higher Education Market-

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

Competitive Insights

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

Segmentation Overview

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

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

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

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

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

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

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

North America

Europe

Western Europe

Eastern Europe

Asia Pacific

South America

Middle East

Africa

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About Astute Analytica

Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.

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Vision to Value: How the Energy Industry Can Maximize Cloud Investment – Spiceworks News and Insights

The energy industry is in transition, experiencing fundamental changefrom decarbonization to decentralizationat pace. These changes are putting pressure on traditional ways of doing business, requiring companies to transform their operating models, processes and even culture. But why is there so much struggle across the industry when it comes to making this move? Craig Davis, head of cloud success services at SAP North America, explores how energy leaders can turn vision into value through cloud transformation, realizing the exceptional benefits this technology can bring to the sector.

The energy industry has witnessed unprecedented disruption over the last decade due to falling costs of renewables and energy storage, the worlds accelerating pivot to non-fossil fuels and tougher environmental policies and regulatory reform. Against this backdrop, the industry is at an inflection point where business leaders are looking to cloud technology to redefine resilience, boost competitiveness and prepare for a sustainable energy future.

And for good reason. According to recent data from Gartner, 95 percent of new digital workloads will be deployed on cloud-native platforms (up from 30 percent in 2021) and global cloud revenue is expected to surpass $474 billion in 2022 (up from $408 billion in 2021). As one Gartner VP, Milind Govekar, put it, There is no business strategy without a cloud strategy.

But if the consensus across the energy industry is that cloud technology is essential, why is there so much struggle and even outright failure when it comes to making a move? Why are most forays limited to migrating functional processes instead of truly scaled adoption? I would argue it is because far too many are focused on a solution, one without a vision for what is truly possible. One focused on cost but not value.

Like it or not, disruption is the norm for energy business leaders. Whether it is industry-specific disruptors like aging infrastructure and adoption of renewable and distributed energy sources or

life-altering disruptors like COVID-19, industry players should operate under the assumption that the tried-and-true practices of today may be irrelevant when they wake up tomorrow.

But siloed operating models create a process complexity that hinders the ability of energy leaders to react quickly and flex to these disruptions and shifting priorities. That is why the sector needs a new kind of vision, one dedicated to agility and adaptability for anything that comes along.

We cant predict the future, but the flexibility and visibility inherent in the cloud can enable us to view and analyze challenges and opportunities through the lens of insightful next-generation tools and technologies. Whether it is AI, machine learning or advanced data and analytics, todays energy leaders can embrace the cloud to help streamline existing processes, enhance product offerings and serve customers better.

For example, real-time data and analytics can help energy leaders harmonize field service processes and quickly react to external events, such as weather disasters. Imagine how much easier it would be to control customer experience during outages with cloud-connected IoT technology monitoring key infrastructure. Not only could companies respond to the outage faster, but they could trigger notifications to inform the customer that they are working to repair it before they are even aware.

Disruptive ideas dont have to be complicated ones. It is not always about out-thinking competitors. Sometimes, it is just about finding the simplest, fastest way to deliver a solution to the customer. The cloud offers the vision necessary to do just that.

See More: Reducing Your Cloud Computing Climate Impact

Especially in the current climate of significant disruptions and change, agile and innovative solutions in the cloud that help companies strengthen their core business processes and innovate for the future are key. However, energy leaders cant just have vision alone. They must be able to draw a direct line from vision to value.

This is partially because what the energy sector is currently experiencing is something even greater than disruption it is a whole-scale change to the way they typically function and operate.

Lets look at the example of Chevron, a company aiming to build reliable, affordable and ever-cleaner energy across its operations in order to keep pace with the massive changes affecting the oil and gas industry. They wanted a standard cloud product that would increase its overall speed and agility, decrease its total cost of ownership for its business solutions, and drive greater digital innovation overall. Thats why it embraces a digital foundation that enhances production efficiency and drives faster, more informed decisions.

By leveraging cloud technology, energy companies can better navigate complex implementation scenarios and achieve new efficiencies across the organization, completely rethinking their digital transformation and allowing them to develop resilience in an inherently volatile and cyclical industry. This technology unites the company under a single source of truth and leaves it poised for future growth.

With industry priorities shifting, the cloud value proposition for energy companies has never been greater. Truly embracing the potential has become a business imperative. Cloud providers are eager to help by building and investing in custom solutions for the energy industry and laying the groundwork for mass adoption. But turning vision into value is not solely the responsibility of this technology.

While the cloud can help drive energy sector innovation and help boost top-line, bottom-line and green-line growth it is only part of the journey towards continuous improvement. Businesses must take action with their cloud technology, using its data to garner maximum business value across their company-wide processes, whether via analytics, application development or database management.

They must find ways to work with the CFO and other leaders to upgrade technology strategically, whether it is about showing immediate value in the short term or planning for deeper value in the long term. Simply put, embracing a grander vision from the outset will ensure stronger value in the end.

Energy leaders should ask: Where should our cloud investment begin? What is mission-critical for success? Would it be effective to go all-in, all at once? Whats the plan for actually implementing it? Are you being intentional about the planned adoption and consumption of cloud software?

These are just some of the questions as the energy industry pursues cloud transformation. Because while you may know you need to invest in the cloud, you still need to understand why. Thats what leads to success.

Tell us about your cloud transformation journey on Facebook, Twitter, and LinkedIn. Wed love to hear all about it!

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Vision to Value: How the Energy Industry Can Maximize Cloud Investment - Spiceworks News and Insights

How using AI & ML will help businesses stay ahead of the curve – ETCIO

By Bikram Singh BediAI is turning into a multi-faceted, pervasive technology for businesses and users across the world. Technology providers are building platforms that are helping users harness the power of AI by meeting them wherever they are.

Data management and aggregation are the essential components of every cloud infrastructure. Organizations may create sophisticated analytics and artificial intelligence (AI) solutions to address distinct challenges provided they have the relevant data at hand. Business intelligence is usually the first step in the process since it helps organizations understand underlying data better before using sophisticated analytics tools.

Organizations investing in technology that helps AI and ML achieve the greatest benefit for their operations as they realize the significance of these technologies. AI and ML are greatly affecting how we conceptualize data, necessitating the development of best practices for these technologies. By 2025, Gartner expects generative AI to account for 10% of all data produced, up from less than 1% today.

It's critical to offer cutting-edge services for users of all types and up-to-date tools for sophisticated AI practitioners. To fit the demands of the job and the user's technical proficiency, some of this requires automating or abstracting portions of the ML workflow. Whatever the perspective, AI is becoming a multifaceted, omnipresent technology for organizations and consumers everywhere, thus we believe technology providers should reflect this by creating platforms that enable users to harness the potential of AI by connecting with them wherever they are.

AI readinessSeveral steps may be taken by businesses who are currently evaluating or piloting the implementation of AI & ML to achieve scale quickly. The first phase is to identify and prioritize projects based on complexity, business effect, and hazards using the minimal viable product strategy.

Most significantly, businesses must include their business executives by integrating them into AI initiatives after giving them the appropriate AI & ML training, if required. AI initiatives have to be aligned with the company's bigger strategic objective rather than implementing them in isolation.

Building Cloud Native Platforms (CNP)Cloud native platforms are technologies that enable businesses to create new architectural applications that take use of the cloud's advantages. Cloud-native platforms provide solutions that help build a more effective and solid IT foundation through safe data integration and processing, since cloud-native technology is all about power and speed.

Enterprises must adopt CNPs to deploy operational skills everywhere. CNPs employ the fundamental features of cloud computing to offer scalable and elastic IT-related capabilities "as a service" to internet-based technology developers, resulting in a shorter time to value and lower costs.

Gartner forecasts that by 2025, more than 95% of new digital efforts will be built on cloud-native platforms, up from less than 40% in 2021.

Conclusion

AI is no longer only an uncharted territory. This combination of technology and human-in-the-loop expertise offers a true end-to-end AI data solution as firms want to deploy their models. The rate of technology advancements that can automate and simplify developing and maintaining AI systems has increased along with the need for AI. Thus, by combining the required expertise, judgment, and technology, the highest quality data could be achieved.

The author is Managing Director, Google Cloud India

Disclaimer: The views expressed are solely of the author and ETCIO.com does not necessarily subscribe to it. ETCIO.com shall not be responsible for any damage caused to any person/organization directly or indirectly.

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How using AI & ML will help businesses stay ahead of the curve - ETCIO

Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now – The Motley Fool

A long-standing debate exists among the investing community: growth versus value. This year, value has gotten the upper hand. So far in 2022, the iShares S&P 500 Value ETF is down 8.5%, while the iShares S&P 500 Growth ETF is down 22.8%.

But, over the last 10 years, growth has outperformed value. A $10,000 investment in the aforementioned growth ETF 10 years ago would now be worth $33,210; the same investment in the value ETF would only be worth $21,680.

Cycles come and go. And when the current trend toward value stocks gives way to one that favors growth stocks, long-term investors who have built significant positions in the best growth stocks will be handsomely rewarded. So what growth stocks should you own right now? Let's have a look at two names poised to lead the way higher.

Image source: Getty Images.

Cutting-edge technology often sparks sizzling growth, and that's certainly true today. Advancements in artificial intelligence (AI), machine learning, and cloud computing drive innovation in sectors ranging from automobiles to healthcare. Yet, at the most basic level, these creations rely on a 70-year-old technology: the semiconductor.

Without semiconductors, there is no AI or cloud computing. Constant production and innovation are required to deliver the next generation of chips that make self-driving cars possible or gene editing a reality. And when it comes to semiconductor innovation and production, Advanced Micro Devices(AMD -1.02%) is one of the world's best. It operates across four segments: 1. Data Center, 2. Client, 3. Gaming, and 4. Embedded.

AMD's legacy business includes its Client and Gaming segments, which make chips for gaming consoles and PCs. And while those segments made up $3.9 billion, or 59%, of AMD's second-quarter revenue, they grow much slower than the remaining two segments, Data Center and Embedded.

AMD's Data Center segment generated $1.5 billion in revenue in the second quarter, up 83% year over year. Sales were driven by strong demand for its EPYC chips, which fuel many of the world's cloud servers.

Similarly, the company's Embedded segment grew like a weed, generating $1.3 billion in revenue in the second quarter. After completing its acquisition of Xilinx, AMD incorporated much of that company's operations into its Embedded segment, which largely produces custom-designed chips for the aerospace and defense industries.

The blistering growth rates in AMD's Data Center and Embedded segments help explain the company's staggering 70% year-over-year revenue growth rate in its most recent quarter. And while that sort of growth is truly impressive, the company's five-year average growth rate is even more so, at 38.7%. What's more, analysts expect the company to continue churning out fantastic growth rates. Wall Street forecasts full-year 2022 revenue of $26.2 billion (59.5% growth) and 2023 revenue of $29.6 billion (12.9%).

Whereas AMD produces the hardware (i.e., semiconductors), Snowflake(SNOW -0.75%) is a software company specializing in the red-hot cloud data analytics sector.

Simply put, the cloud computing revolution is well underway, changing how individuals and organizations work. Cloud computing is the process of running applications, storing data, and consolidating security on a centralized cloud server, rather than operating individual workstations. This process results in enormous efficiencies across organizations and reduces costs.

However, cloud computing creates new challenges, too. And Snowflake's signature product, Data Cloud, aims to address one of the biggest. Data Cloud allows customers to collect, classify, and decipher data across multiple cloud platforms. In a world where many organizations rely on multiple cloud vendors, Data Cloud helps customers "see" all their data -- a process that isn't always as straightforward as it might seem.

Snowflake's surging customer base shows just how essential this data aggregation software has become. The company's customer base jumped to over 6,800 as of its most recent quarter (which ended on July 31). That's up from around 5,000 one year ago, an increase of 36% year over year.

What's more, Snowflake doesn't simply garner attention from potential customers; it's caught the eye of arguably the world's most famous investor, Warren Buffett. Berkshire Hathawayowns over 6 million shares of Snowflake, now valued near $1.2 billion.

The analyst community agrees. Wall Street expects Snowflake to record 70% revenue growth for the current fiscal year (which ends Jan. 31, 2023) and 51% the following year.

Investors looking to add a hypergrowth stock need look no further. Snowflake is a name to own now -- and for years to come.

Jake Lerch has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Berkshire Hathaway (B shares), and Snowflake Inc. The Motley Fool recommends the following options: long January 2023 $200 calls on Berkshire Hathaway (B shares), short January 2023 $200 puts on Berkshire Hathaway (B shares), and short January 2023 $265 calls on Berkshire Hathaway (B shares). The Motley Fool has a disclosure policy.

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Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now - The Motley Fool

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

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

Cloud computing is about to hit another big milestone – ZDNet

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.

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Cloud computing is about to hit another big milestone - ZDNet

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

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."

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

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

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

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

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 Value Projected To Reach USD 91.21 Billion By 2027, Registering A CAGR Of 14.9% – Digital Journal

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.

Request Free Sample:@https://www.maximizemarketresearch.com/request-sample/18082

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/

About Maximize Market Research:

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

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, 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.

See the rest here:

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...

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

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.

There are several industries wanting to determine what customers really want and the Cloud Computing IaaS In Life Science market report helps in this regard by carrying out in-detailed market research. Before bringing a novel product into the market, every business owner wants to know the demand for the product, and this market study report works as the best guide for them. It further helps to meet business requirements by covering all the latest market advancements. Cloud Computing IaaS In Life Science market report is the best medium to have close eye on the activities of leading competitors as well as strategies they are deploying for business expansion. It further makes an in-depth analysis for the evaluation period 2022-2028 to bring more business opportunities for the company owners.

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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Cloud Computing IaaS In Life Science Market Report Scope

Key questions answered in the report:

1. Which are the five top players of the Cloud Computing IaaS In Life Science market?

2. How will the Cloud Computing IaaS In Life Science market change in the next five years?

3. Which product and application will take a lions share of the Cloud Computing IaaS In Life Science market?

4. What are the drivers and restraints of the Cloud Computing IaaS In Life Science market?

5. Which regional market will show the highest growth?

6. What will be the CAGR and size of the Cloud Computing IaaS In Life Science market throughout the forecast period?

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

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) -…

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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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) -...

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

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

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

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

Are Blockchain and Decentralized Cloud Making Much Headway? – InformationWeek

There is some debate about potential benefits of hosting cloud computing on a centralized or decentralized network, and whether the blockchain might pose some relevance on such a front. The answer seems to be a definite maybe -- under certain circumstances.

Avivah Litan, vice president and analyst with Gartner, says blockchain enables decentralized cloud computing, which can stir up some hype of new approaches to compute and Web 3.0. In that sense, it is disruptive to the centralized guys, she says. Its not going to disrupt the industry overnight; I dont see it happening that quickly.

Decentralized cloud computing may be an alternative that might even make sense for some non-blockchain applications, Litan says. Still there can be reluctance within organizations to move workloads fast in this direction, she says. However, with certain applications, such a move can be a way to save money.

Dipping into this arena means accepting a nebulous, almost amorphous form of cloud computing. Blockchains decentralized architecture typically means never running in just one environment, Litan says. If you look at a blockchain of 10,000 nodes, you can run your nodes anywhere you want. With Bitcoin or Ethereum miners who are mining, she says, they can set up their nodes on-prem or any on cloud they choose. In that sense, it is not centrally controlled by any one player, Litan says.

In terms of how much of the datasphere and cloud is tied to Web 3.0 activities -- it seems to still be very early days. For example, she says, cryptocurrency trades might not represent a lot of data, but once NFT commerce includes big objects, it can require distributed-style storage. Options for such storage include IPFS (InterPlanetary File System), Litan says, which is a peer-to-peer network data storage in a distributed system, as well as value-added systems such as Arweave, whichmake IPFS more reliable, secure, and persistent.

There are still some functional concerns that might hold developers or organizations back from leveraging distributed systems. The reason why youd want to use decentralized computing is if youre setting up your own node or if youre writing applications that need compute power, Litan says.

Some benefits of turning to a decentralized cloud include it can be a way to cut costs, she says, rather than be at the whims of a centralized party that can increase rates, own the users data, and keep them locked in place. Its very hard to move workloads from one cloud provider to another, Litan says. Its certainly a nice innovation. Yet such innovation has been talked about for years, she says, with uncertain progress being made.

Basically, the value of decentralized cloud in its current form boils down to the circumstances and needs of the users. If youre setting up a mining node and need some cloud power, why would you want to pay AWS? Litan asks. A decentralized cloud might be cheaper to run in such cases, she says, which appeals to miners who want cheap computing in order to make money on the margins.

At the moment, when many developers write applications, they look to the most readily available cloud service, Litan says, and then wind up deploying on the main blockchain where there is no control over where Ethereum or Bitcoin run. Its like saying, Wheres the internet running?

There is some possibility for blockchain and decentralized cloud to gain more momentum down the road, but for now their impact on the entirety of cloud computing remains rather niche. It may become more important as people start writing compute-intensive workloads and they want to keep the cost down, Litan says. Decentralized cloud computing may also be useful for organizations running non-blockchain applications, she says. Then they control their environments, where they deploy, and how much they spend. Theyre in control of the whole stack.

Fintech, Cloud, and Finding Ways to Bridge the Skills Gap

Where Developers Fit in the Metaverse and Crypto Landscape

Crypto and NFTs: A New Digital Footprint for Enterprises?

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Are Blockchain and Decentralized Cloud Making Much Headway? - InformationWeek

This is how cloud computing advances, a valuable resource for companies – Entrepreneur

Cloud computing has become a key part of the IT strategy of companies that seek to be at the forefront and advance in their development.

This infrastructure is not exactly something new , but it is now essential in many sectors, especially those in which digital transformation is not an option, since due to its rapid growth it is always necessary to expand computing and data storage capabilities.

In an increasingly digital world, the vast demand for the cloud is expected to continue to expand rapidly during 2022. However, the world of cloud computing continues to evolve year after year in an agile dynamic to adapt to new needs, so Events such as the Cloud Summit 2022 , which will take place from May 17 to 19, are designed to annually chart a new path and guide companies in the future of cloud computing to drive business.

Although the adoption of the cloud had been increasing for some time, the arrival of the pandemic has accelerated the process, so now with the reactivation and the new normal we are seeing various use cases for the cloud. Here is a review of the concepts about cloud computing that you should know due to its growing adoption:

According to Equinix , 93% of enterprises have expressed interest in or have already committed to hybrid cloud, showing how important it is today to be able to have access to a convenient combination of the strengths of the public and private cloud. .

Previously, the most common thing was to choose between a public or a private cloud, each of these has advantages, so for some time it has become normal to implement a combination of both that allows having all their benefits together, reaching the so-called hybrid cloud.

Using a hybrid cloud as a resource allows companies to have the best of both worlds at their fingertips. On the one hand, data that requires frequent and rapid access can be stored on public servers, while confidential information can continue on private servers with greater access control.

Due to its size, when we talk about multicloud, we refer to the possibility of having multiple clouds, that is, using solutions from different providers, which also allows you to take advantage of the best features that each provider offers.

If before it was almost impossible to integrate information from different providers, today this has become easier and more convenient for large companies that handle a large amount of data and applications.

The use of the hybrid cloud and multiple clouds can be summed up in the possibility of having a personalized technological environment tailored to each organization and the technological needs of the company.

In recent years, there has been talk of a type of decentralized IT infrastructure designed to reduce latency problems while increasing the performance of cloud applications.

Edge Computing, translated as the edge of computing, refers to an infrastructure that is not centralized directly in the core of a server. For many it is a threat to cloud computing, but the truth is that it came with the aim of bringing applications and data closer to edge devices, that is, those that are closer to end users.

Features are comparable to cloud computing, but because edge computing brings the cloud closer to the end user, speed is increased, latency is reduced, and possibilities are expanded. Of course, by having the data and resources closer to the end user, in most cases it ends up being a better option to process them locally.

This type of solution will undoubtedly be a high-impact boost for companies that need to increase operational efficiency, but at the same time, end users will be favored by enjoying a better experience.

More and more large companies are joining this trend of taking games to the cloud. Google (Stadia), Microsoft (Xbox Cloud Gaming), Amazon (Luna), are some of the cloud gaming services available today.

Thanks to the power of the cloud, cloud gaming makes it possible to play video games at any time without having to have a powerful computer (PC, console, mobile). In this case, the main demand is a good internet because the transmission of the game is done through streaming.

A good way to take advantage of the cloud to take the experience in this industry of great growth in recent years to another level, which thanks to different innovations has made significant progress. In this way, instead of processing the graphics of the video game in the PC, smartphone or console processor, this process is carried out directly in huge and powerful servers in the cloud, from where the resulting image is simply sent via streaming to the user's device. Username.

Of course, latency times must be minimal to guarantee a good experience when playing video games in the cloud, and this is where Edge Computing plays a very important role, avoiding delays at the time of actions such as pressing buttons, since that all the information travels through the network, so having it as close as possible to the end user can be decisive.

Currently, the benefits of blockchain technology, which is a fundamental part of cryptocurrencies and the different transfer models of digital assets such as NFTs, smart contracts, among others, are widely known.

With the advent of Web3, many companies are looking to integrate blockchain technology into their operations, something that Kubernetes came to facilitate. This open source solution was created to easily achieve the integration of that technology by automating the deployment, scaling, and management of containerized applications.

Originally designed by Google and later donated to the Cloud Native Computing Foundation, Kubernetes has become an efficient and productive option when it comes to configuring, installing, and managing either a public or private blockchain environment.

Undoubtedly, the implementation of blockchain through Kubernetes provides a series of benefits, among which are simpler technological deployments, various types of storage, interoperability, surveillance, security, among others.

(About the author: Sergio Ramos Montoya is editor of the Social Geek site)

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This is how cloud computing advances, a valuable resource for companies - Entrepreneur

2022 Cloud Computing Cybersecurity Threats and Trends – RTInsights

Cybersecurity must become as flexible as the architecture itself to help companies pivot quickly and respond even faster. Continuous intelligence can help.

Cloud computing offers enterprises the flexibility and proficiency to not only gather vast amounts of data but put it in motion for real-time insights. The downside to moving to the cloud is that new cybersecurity challenges arise. These are some of the most pervasive cloud computing threats for the coming years and what some enterprises are doing now to mitigate the risk.

The cloud offers an attractive place for threat actors to focus their efforts. Enterprises are layered with systems, creating loopholes that allow cybersecurity threats to work their way into systems far from where the original source of weakness was located. Add in the millions, even billions of data assets IT teams manage, and you have a massive potential to overwhelm during monitoring alone.

According to a report from Checkpoint Security, cyberattacks were on the rise last year. This is also worrying because we often see an increase in certain types of attacks as they prove lucrative, but its rarer to see a general increase. Better automation and tools that allow companies to run their businesses have also created better tools for cyberattacks. Companies will have to approach their security strategies with the same thoughtful automation.

Cloud services are also a primary target because of pandemic-related activities. The pandemic caused an acceleration in cloud adoption as companies tried to adjust to lockdown and other changes in how we work.

Now its been two years. Companies and their third-party service providers have had the opportunity to close many of those early security loopholes caused by rapid movement and have largely been successful. However, vulnerability still exists within cloud infrastructure, providing opportunities despite greater security measures.

See also: Why Continuous Intelligence is Essential for Modern Security Operations

Remote work caused an uptick in employees working from their personal devicesconvenient for the enterprise during a pandemic and convenient for threat actors. Although it facilitates productivity from a work-from-home space, it decreases visibility for IT teams stretched to the limits.

Different phishing scams, including smishing or malicious links sent through SMS, can be difficult to track or spot until its too late to alleviate the damage. Personal devices may offer far less security than company devices or those hardwired to a network, so companies must adapt their approaches to employees accessing the company cloud from home.

Mobile devices create insecure access points across the network. Application programming interfaces allow users to access cloud-based products no matter where they are, but they can be ports of entry for malicious actors. Even with authentication, some hackers can exploit these vulnerabilities due to a lack of visibility or phishing.

See also: What Makes Cloud Observability Critical and Different?

Companies will continue to fight for crucial IT talent to implement security measures for increasing cloud attack surfaces. However, they wont be able to solve all their problems through hiring. Instead, theyll need to take other innovative measures and adopt the tools and processes to increase visibility and automate responses.

Automation helps support IT teams by identifying and then prioritizing flags for monitoring. Human teams can step in to verify if potential attacks are occurring and plug holes. In addition, machine automation can help outline complex relationships between devices, entitlements, and the network.

Gartner identified cybersecurity mesh as a key security feature in its list of top strategic tech trends for 2022. Cybersecurity mesh mimics the move towards flexible, composable architecture by allowing companies to reconfigure their cybersecurity protocols to match needs in real-time. It helps companies integrate distributed security services. The mesh would allow IT professionals and administration to verify identities, provide context, and ensure policy adherence across the entire system.

Experts identify cybersecurity mesh as a process that allows companies to integrate cloud services into their zero trust architecture as a whole. End-point detection and response, as well as multi-factor authentication, also fit into the security process here.

Cloud-native platforms and tools also have a place in the overall security strategy. These products and tools make security easier because they make the most of what the cloud offers and then protect those assets the way cloud products need. Most importantly, it helps enterprises maintain visibility where they need it.

Reducing the cloud attack surface is also required. Quick response times will also reduce the amount of damage hackers are able to do. Either way, cloud attacks will become more commonplace, and companies should be ready.

Companies still in the early stages of their cloud migration will be more vulnerable than those with a more mature cloud strategy. Those companies understand their attack surface and cloud landscape, giving them a better opportunity to handle the basics.

And thats what many of these security attacks are. While truly complex threats exist, many of the most pervasive phishing and ransomware are still simple. That means that less mature companies arent doing the foundational work of creating a secure cloud architecture and training their people to be on the lookout for anomalies. IT cant handle everything. Mature companies know this and work with employees to ensure that private devices are handled with proper security protocols and zero trust remains in place.

Organizations cant turn back the clock on remote work or cloud migration, but they can implement basic security protocols that help protect cloud assets. With processes such as cybersecurity mesh, companies can adapt their security infrastructure to help meet the basic requirements that cybersecurity requires today.

Thats the biggest trend moving forwardadaptability. Cybersecurity must become as flexible as the architecture itself to help companies pivot quickly and respond even faster. This is the only way companies will be able to implement an integrated, cohesive, and, most importantly, automated security infrastructure.

The rest is here:

2022 Cloud Computing Cybersecurity Threats and Trends - RTInsights

Fuzzy Cloud, Edge, & Headless Architectures That Impact Business – PaymentsJournal

Whats in a name? This security article highlights how some cloud definitions, such as edge computing, could in fact place some data, or even entire applications, on your systems, so that unbeknownst to you, they become your liability.

The term edge computing is fuzzy enough; does it mean the edge is inside my firewall or outside? Am I updating the software or is it auto-updated? Is the app running on my hardware or on the service providers hardware? On my premises or on theirs? These issues will become even more complex as advances in 5G deployment enable old architectures to be re-crafted on new platform technology that then employ new names to well-worn existing architectural definitions, such as headless architecture, to sound new and innovative:

Edge Processing vs. Cloud Computing

Say you wanted some of your AI security computation done on-premises. This could be for various reasons, but the most compelling might be latency: you might want a door to open when an employee walks up to it via facial recognition. If you have to push the video to the cloud, process it there, return a result, reach back out to the door controller and open the door, there might be a few seconds of delay during which your busy employee might smash their nose into the door.

How to fix this? Well, you could process the video onsite. Run the video through a computer onsite, frame by frame, and when the AI identifies the employee, send a command to the door controller. This could save a few seconds of upload/processing/download time. Welcome to edge processing.

We are assuming that the solution provider is providing this local computer: they manage this computer remotely, and they are still responsible for making sure everything works. It sounds like the cloud, except the processing is performed at the customers site at the edge. Its cloud-based on our definition above, except something is running on-premises. This edge processing is still legitimately part of a cloud-based offering because your provider handles all the hardware and support.

All that Glitters is not Cloud

Now lets turn our attention to the term Fake Cloud. Fake cloud is when a surveillance security provider slaps a DNS/DDNS entry on a computer that your company owns and operates in order to achieve the same goal. You might be logging into something like:

http://www.legacyprovider.com/yourcompany

http://www.yourcompany.com/legacyprovider

https://yourcompany.legacyprovider.com

But you might still be logging into a computer at your offices. So what just happened? Suddenly your company owns that computer and is responsible for its care and feeding, and its your problem if the data is lost, patches arent done, or the computer is hacked.

The article also includes a graphic that clarifies cloud versus edge versus fake cloud across several attributes.

Overview byTim Sloane,VP, Payments Innovation at Mercator Advisory Group

See the article here:

Fuzzy Cloud, Edge, & Headless Architectures That Impact Business - PaymentsJournal

Cloud computing and machine learning rule the roost in this weeks MaddyMoney! – Maddyness

SaaScada secures 2.5M with revolutionary cloud native core banking platform

SaaScada, the cloud native core banking platform provider, today announced it has raised 2.5M in seed funding from over ten investors including leading figures from the banking and private investment sectors. The SaaScada cloud native platform allows fintechs and challenger banks to launch new features and products in minutes, rather than months, at a much lower cost than traditional modular core banking platforms.

Powering the next generation of challenger banks with the next generation of cloud technology, SaaScada are well-placed in a market that is redefining how financial services operate.

Cloud computing technology is challenging legacy banking systems by allowing digital banks to launch inexpensively, scale quickly, and operate at speed.

SaaScada achieved 85% year-on-year growth in FY22, securing a strong roster of clients and partners that includes two of the UKs top 20 fintechs. Following its success with fintech challengers, SaaScada is building strong momentum with banks, offering lending, deposit taking, and current account products to both retail and SME customers.

The SaaScada platform provides a central hub that is fully interoperable through open APIs. This enables new banking entrants to launch services and new features, and empowers existing banks to deliver innovative agile solutions to their customers.

Re-Leased is the cloud-based property management platform that allows commercial property managers and landlords complete oversight of their businesses operations. Through a simplified central platform real estate firms can manage property portfolios, in an innovative challenge to out-dated legacy systems.

Re-Leased have raised 11.9M in a funding round led by JLL Spark, using the round to cement [their] place as a global leader in this technological shift, said CEO and founder Tom Wallace.

It was a frustration with desktop software, spreadsheets, and email that led Tom Wallace to start Re-Leased. He founded the company in New Zealand in 2012, having researched the revolutionary potential of cloud computing.

The strategic investment will be used to drive Re-Leaseds growth in key international markets, invest in its core software platform, and launch a series of new products and partnerships that will further solidify the companys position as a leader in commercial property software.

Managing a company payroll has long been a tiresome and complicated administrative task that can become a barrier to expansion and growth. Thankfully, Symmetrical have devised an ai-powered solution!

Symmetrical helps companies to hire and pay employees at scale through smart and fast headless payroll technology. The automated solution removes the need for endless spreadsheets and manual input and is designed for use by mid-to-large size workforce companies with high levels of payroll complexity.

Symmetricals technology is embedded into a company platform and runs in the background of daily business operations.

To facilitate their expansion into new European and US markets, Symmetrical.ai has raised 14.7M in finance by top venture capital firms in a round led by Target Global, who have previously invested in Revolut and other European success stories. The proceeds will also be used to grow the team and to further bolster its single layer global API technology.

Symmetrical was founded in 2019 in Warsaw, Poland and has multiplied revenues by 23x in the last 9 months, processing tens of thousands of pay checks and serving 47 customers across the UK, Spain, Poland.

Piotr Smolen, CEO and co-founder of symmetrical.ai. said: Our bold ambition is to make payroll invisible. We believe that 10 years from now, payroll software will be eliminated from the dictionaries. Invisible payroll will be a crucial element across broader platforms and thanks to our vision, we will be at the forefront of this new trend.

RideTandem, the company that turns local transport providers into smart shuttles for work, education and more, has just raised 1.75M in a seed round led by 1818 Venture Capital.

The capital injection will aid the company that provides commuter services for employers whose staff would otherwise be unable to work because of the cost or inconvenience of transport.

Mobilising the ubiquity of ride-hailing apps, workers can book commuter-rides using an Uber-style mobile app and the employer then subsidies the cost of the ride.

Commuting distance can be a barrier to talent acquisition, with a quarter of UK working-age people living in areas with poor public transport connectivity. Since launching in Q4 2019, RideTandem has generated more than 10M in new earnings for its passengers, as well as achieving two consecutive years of 10x year-on-year growth.

Quin AI is an AI-as-a-service startup on a mission to provide easy, accessible, and privacy safe machine learning to predict online user behaviour in real time.

Founded by sisters Gonca Gulser and Gulsah Gulser, the company has just raised 582K in a funding round led by SFC Capital, with participation from NCA, Logo VC, and StartersHub. The money will be invested into the companys UK and German expansion alongside further innovation in AI for creating intelligent applications.

Quin AI aims to understand an online user in real time, predicting their behaviour in under 70ms through native pop-up or API integrations. Easy to integrate into a companys platform, Quin AI has been found to increase a companys revenue by 30% in 15 days.

Gulsah, CEO of Quin AI said: We are very excited to close this round with an amazing team and group of investors in making easy, accessible, and privacy-safe ML applications to predict user behavior. We already started our journey with the e-commerce industry where there are massive amounts of untapped user data and increasing privacy concerns.

Ruth Health secures $2.4M seed round led by Giant Ventures to reimagine comprehensive prenatal and postpartum care for American women

Ruth Health are ruthless in their pursuit of a better way to conduct womens healthcare; one that addresses and enhances womens lives.

Ruth Health are comprehensive care platform built for women by women, using an evidence-based method to provide a suite of remote patient services, including pelvic floor training, lactation counselling, C-section recovery resources, and intimacy and sexual support.

They have recently closed a $2.4M seed funding round led by Giant Ventures, and supported by a wide number of VCs and angel investors. This collective investment a rarity for ventures in the female healthcare sector is a testament to the demand for accessible, inclusive, and comprehensive prenatal and postpartum care for American women, bringing Ruth Healths total funding to $3.1M (2.49M).

Pregnancy care outside of the hospital or clinic setting is critical to the wellbeing of womankind, but its currently fractured, variable in quality, and filled with hurtful, alienating, and misinformed stigmas, said Alison Greenberg, Ruth Healths Co-Founder & CEO. Our mission is to make womens healthcare an accessible, superior quality, and even joyful experience for everyone.

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Cloud computing and machine learning rule the roost in this weeks MaddyMoney! - Maddyness