What to expect from hybrid cloud in 2021 – following a year of change – Cloud Tech

As businesses this time last year wrapped up their planning for the year ahead, few could have predicted the dramatic changes that awaited them. By Spring, the coronavirus pandemic had disrupted all manner of operations globally, forcing businesses to pivot in real-time to accommodate remote working for the vast majority if not all of their workforce. This unprecedented change accompanied by huge levels of uncertainty required heavy restructuring of IT infrastructure.

Often, we saw IT operations across the globe managing this monumental lift through moving additional workloads to the cloud and adopting a hybrid cloud environment model. In many cases, these digital transformations were already occurring and the COVID-19 pandemic accelerated plans which were already in place. Plans were set in motion by teams who increasingly see the value of hybrid cloud environments and the benefits that can be found.

One thing 2020 has taught us is to expect the unexpected and whilst we do not know what 2021 has in store, several trends have emerged that enable us to make some predictions for what this year might hold for the world of hybrid cloud.

New technology was required in more ways than ever last year, with a number of changes related to growing hybrid cloud use emerging including:

In 2021, we predict businesses will address the above changes and drive them further in ways that will apply new resources and strategies to drive business outcomes as the world around us advances in cloud and AI research. Our predictions are as follows:

Companies are already in the process of decentralising IT operations to hybrid cloud environments and we predict that in the year ahead, this will continue at rapid speed with even businesses in the most regulated industries partaking. This is due to the availability of security measures that will improve isolation, ensure system and data integrity and implement Zero Trust strategies whilst remaining compliant with data privacy regulations worldwide (which become increasingly more tough as security threats evolve). These security technologies such as Confidential Computing, quantum-safe, and fully homomorphic encryption will become more mainstream than they have ever been before.

We have already seen the power of AI in technologies such as natural language processing (NLP), graph-based techniques and explainable AI in tools such as voice recognition and language translation apps. In 2021, we predict that the same AI will be applied to machines code which will in turn significantly accelerate the moving of applications to the cloud and aid their management. This AI will teach machines to reason, offering explanations for an applications behaviour and its structure to recommend and automate the generation of identified microservice candidates.

Crunching a large dataset from your laptop may require using 100,000 containers and the knowledge of how to re-code applications for the hybrid cloud. Developers and data scientists without years of experience with containerisation, parallelisation and container orchestration tools currently find it very hard to programme in hybrid cloud environments.

Throughout 2021, open-source tools will help integrate many clouds and on-premise systems into a single, seamless hybrid platform by shortening the learning curve for programmers and non-programmers for that matter. This application deployment model will be easier for those without lots of hybrid cloud expertise to programme and use freeing up programmers with more experience to work on higher-value projects.

This year, we expect to see huge breakthroughs in AI hardware used to build and deploy AI models. Paired with 5G advances, sustainable AI computing at the edge could remove even more borders between cloud and edge, offering a key technological upgrade for hybrid cloud infrastructures, and a major advancement for privacy and security of AI models by keeping more data at the edge. 5G cellular architecture is also expected to be a catalyst trigger wide-spread adoption of edge computing.

Much of the change we expect to see in 2021 will be focused on the improvements in AIs power and efficiency, so it can help businesses meet a number of challenges to securely deploy and manage hybrid cloud environments for a larger number of users to meet the challenges of last year.

Whilst we dont know exactly how 2021 will play out, we expect hybrid cloud technologies to continue to play a large role in breaking down barriers for the enterprise.

Read more: IBM spins off infrastructure unit to focus on hybrid cloud and AI strategy (October)

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What to expect from hybrid cloud in 2021 - following a year of change - Cloud Tech

Anexinet Receives 2020 Backup and Disaster Recovery Award From Cloud Computing Magazine – GlobeNewswire

PHILADELPHIA, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Anexinet Corporation, a leading provider of digital business transformation solutions, today announced its Disaster Recovery Kickstart program has received a 2020 Cloud Computing Backup and Disaster Recovery Award from TMCs Cloud Computing Magazine. Anexinets program was honored for its 6-step process to ensure the protection of business-critical applications and data following a disaster.

The Cloud Computing Backup and Disaster Recovery Award recognizes technologies and vendors that provide cloud solutions to minimize lost business opportunities by empowering businesses large and small to remain active and productive under even the most challenging conditions.

Recognizing excellence in the advancement of cloud-computing technologies, Cloud Computing magazine is proud to announce the Disaster Recovery Kickstart program as a recipient of the Cloud Computing Backup and Disaster Recovery Award, said TMC CEO, Rich Tehrani. Anexinet is being honored for their achievement in bringing innovation to the market while leveraging the latest technology trends.

Anexinets new Disaster Recovery Kickstart addresses preparedness with a 6-step process that includes:

Many companies are under the false impression that their disaster recovery plans are up-to-date and sufficient to recover lost data quickly, said Tim Malfara, VP, Hybrid IT and Cloud Services, Anexinet. In reality, they have outdated test plans and untrained staff members that make Recovery Time and Point Objectives (RTO & RPO) a big challenge. Were proud Cloud Computing Magazine has recognized Anexinets unique program that takes the guesswork out of disaster recovery and provides organizations with a pragmatic roadmap to protect digital assets.

For more information, please see Anexinets Disaster Recovery Kickstart.

Follow Anexinet on Twitter, LinkedIn, Facebook, or via the Anexinet Insights Blog.

About Anexinet

From intelligent, full-stack engagement strategies and solutions to modern, secure infrastructure products and services, Anexinet focuses on technology-enabled business transformation that drives value. For over two decades, Anexinet has helped companies worldwide solve their most complex challengesfrom engaging front-end interactions to dependable back-end solutions. Anexinets record of client success springs from a culture rooted in thought leadership and delivery excellence. For more information, please visit http://www.anexinet.com or follow Anexinet on Twitter or LinkedIn.

For more information, contact:Betsey RogersPublic RelationsBridgeView Marketing603-821-0809betsey@bridgeviewmarketing.com

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Anexinet Receives 2020 Backup and Disaster Recovery Award From Cloud Computing Magazine - GlobeNewswire

Pentagon could reassess future of JEDI cloud, depending on court action – C4ISRNet

WASHINGTON The Department of Defense will reassess its cloud-computing options if a federal court does not dismiss allegations of improper influence in the contract process for the project worth billions, a new DoD memo said.

The Joint Enterprise Defense Infrastructure cloud, awarded to Microsoft in October 2019, would provide a department-wide platform needed to develop artificial intelligence and computing capabilities for war fighters at the tactical edge. But if the U.S Court of Federal Claims clears the way for Amazon Web Services interference allegations against former President Donald Trump over the JEDI project, the Pentagon warned that the prospect of such a lengthy litigation process might bring the future of the JEDI cloud procurement into question, according to the memo from the DoD CIO office to Congress.

Under this scenario, the DoD CIO would reassess the strategy going forward, the memo read.

AWS has stated that it wants to collect sworn statements from Trump and other current and past senior officials, including former Defense Secretary Jim Mattis. Evidence AWS cites against Trump includes public and private statements about his dislike for Amazon founder Jeff Bezos.

These motions will be complex and elongate the timeline significantly, the memo said.

Building the JEDI cloud infrastructure has been delayed since the Pentagon awarded the contract, valued up to $10 billion over a decade,. Shortly after the award, AWS filed a lawsuit to block the department from working to build the enterprise cloud environment, alleging political interference and technical evaluation errors by the department during the selection process.

Regardless of the JEDI cloud litigation outcome, the department continues to have an urgent, unmet requirement, the DoD memo said. Specifically, the departments need for an enterprise-wide, commercial cloud services for all three classification levels, extending from the homefront to the tactical edge, at scale. We remain fully committed to meeting this requirement we hope through JEDI but this requirement transcends any one procurement, and we will be prepared to ensure it is met one way or another.

The allegations of interference by Trump add uncertainty to the JEDI cloud project under President Joe Bidens Department of Defense. Meanwhile, some industry experts have challenged the construct of the JEDI cloud, arguing that the contract shouldnt be a single award and instead should involve several vendors.

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If the court dismisses the improper influence allegations, then the department believes that the litigation of the remaining three counts would likely take four to five months, the memo stated.

Work on JEDI cloud would continue to be paused until the litigation process is complete, and DISA/CCPO [Defense Information Systems Agency/Cloud Computing Program Office] remains ready to resume management of the JEDI cloud work if/when the entire set of litigation is resolved in the governments favor.

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Pentagon could reassess future of JEDI cloud, depending on court action - C4ISRNet

Saudi Arabia’s futuristic city project in talks over cloud computing deal – Reuters

FILE PHOTO: Saudi Crown Prince Mohammed Bin Salman announces a zero-carbon city called "The Line" to be built at NEOM in northwestern Saudi Arabia, January 10, 2021. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS

DUBAI (Reuters) - Saudi Arabias futuristic city project NEOM is in talks with companies to pick a lead partner for its first cloud computing deal that will lay the foundation for hi-tech services in its flagship $500 billion business zone, a senior executive said.

The talks with local and international tech firms come after a subsidiary of oil giant Saudi Aramco recently partnered with Google to bring its cloud services to the kingdom, and Saudi Telecom Co. struck a similar deal with Alibaba Cloud.

From a compute perspective, were seeing lots of opportunities for partnerships with large, hyper-scale providers, Joseph Bradley, head of technology and digital at NEOM, told Reuters.

Were in final stages of negotiations with several.

Last year NEOM, which is backed by the $400 billion Saudi sovereign fund PIF, announced a deal with Saudi firm stc group to establish a 5G network for its planned cognitive cities.

NEOMs flagship project is a carbon-free zone called The Line. Its construction will begin this year and the first phase will be completed by 2025, Bradley, a former CISCO Systems executive, said.

The plan, unveiled by Crown Prince Mohammed bin Salman on Jan. 10, is the first major construction project aimed at diversifying the economy of the worlds largest oil exporter.

NEOM also plans to build a city-wide operating system based on artificial intelligence in the business zone to better utilise data for its inhabitants.

Reporting by Saeed Azhar. Editing by Mark Potter

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Saudi Arabia's futuristic city project in talks over cloud computing deal - Reuters

Healthcare Cloud Computing Market Booming Demand Leading To Exponential CAGR Growth By 2027 KSU | The Sentinel Newspaper – KSU | The Sentinel…

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Global Healthcare Cloud Computing Market, By Component (Hardware, Services), Application (Clinical Information Systems, Non-clinical Information Systems), Service Model (Software-As-A-Service, Infrastructure-As-A-Service, Platform-As-A-Service), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), Pricing Model (Pay-As-You-Go, Spot Pricing Model), End User (Healthcare Providers, Healthcare Payers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027

Major Market Drivers and Restraints:

Competitive Landscape and Healthcare Cloud Computing Market Share Analysis

Healthcare cloud computing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to healthcare cloud computing market.

The major players covered in the healthcare cloud computing market report are CareCloud Corporation, Carestream Health, ClearDATA, Dell, NetDepot.com LLC, IBM Corporation, Iron Mountain Incorporated, IBM Watson Health, Cisco Systems Inc., HP Development Company, L.P., Microsoft, VMware, Inc., Salesforce.com, inc., ClearDATA, SYNOPTEK, LLC., Cisco, Oracle, GE healthcare, CitiusTech Inc., Napier Healthcare Solutions Pte. Ltd., HealthAsyst, Optum, Inc., McKesson Corporation, 3M, Omnicell, Inc., Ciox Health, Wipro, Nuance Communications, Inc., Infosys Limited, Cognizant, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Healthcare Cloud Computing Market Booming Demand Leading To Exponential CAGR Growth By 2027 KSU | The Sentinel Newspaper - KSU | The Sentinel...

Computing Revenue Soars, But ‘WCLD’ Is Already in the Clouds – ETF Trends

The WisdomTree Cloud Computing ETF (WCLD) was the star of cloud computing exchange traded funds last year. It has more to give in 2021.

The WisdomTree Cloud Computing Fund seeks to track the price and yield performance, before fees and expenses, of the BVP Nasdaq Emerging Cloud Index, an equally weighted index designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.

Public cloud revenue is one of the many catalysts that can spark more upside for WCLD this year.

According to data presented by Finaria, public cloud revenues jumped by 25% year-over-year amid the COVID-19 crisis and hit $271.9bn in 2020. The increasing trend is set to continue this year, with revenues growing by another 25% YoY to $338b, notes Finaria.

The cloud computing industry refers to companies that (i) license and deliver software over the internet on a subscription basis (SaaS), (ii) provide a platform for creating software applications which are delivered over the internet (PaaS), (iii) provide virtualized computing infrastructure over the internet (IaaS), (iv) own and manage facilities customers use to store data and servers, including data center Real Estate Investment Trusts (REITs), and/or (v) manufacture or distribute infrastructure and/or hardware components used in cloud and edge computing activities.

As more business models look to technology amid social distancing, cloud computing will only grow to greater heights. Prior to the pandemic, businesses were already transitioning to the cloud to streamline their processes.

Today, billions of people use cloud storage to manage and store private data. However, its ability to provide access to computing power that would otherwise be extremely expensive has seen cloud computing technology spread widely in the business sector, also, notes Finaria. Examples of cloud computing use can be found practically everywhere, from messaging apps, social networking, and streaming services to business processes, office tools, lending platforms, or chatbots.

Cloud computing has been a boon for companies that have been able to capitalize on the increased work-from-home labor force.

The COVID-19 and the shift to remote work and video conferencing accelerated moves to the cloud in 2020, with annual revenues rising by more than $55bn. Statista data indicate the global public cloud market is expected to hit a $500 billion benchmark in the next two years and continue rising to $679.5bn value by 2025, concludes Finaria.

For more on innovative portfolio ideas, visit our Nasdaq Portfolio Solutions Channel.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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Computing Revenue Soars, But 'WCLD' Is Already in the Clouds - ETF Trends

How to learn the essentials of cloud computing online – Mashable

Products featured here are selected by our partners at StackCommerce.If you buy something through links on our site, Mashable may earn an affiliate commission.Set yourself up for a job in cloud computing.

Image: Soumil Kumar from Pexels

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Throughout the nine courses in this collection, youll explore the evolution of cloud technology, discover the five characteristics of cloud computing, discuss different cloud service models, and learn about cloud deployment models. From there, you can either dive into a three-part series on cloud computing with Microsoft Azure or a three-part series on machine learning. Theres also a beginners guide to microservices architecture and a deep dive course on the IaaS model of cloud computing. If none of this makes any sense to you yet, its totally fine. Gabrieli does a great job of taking you through the content step by step, starting with the absolute basics and working your way up.

While this cloud computing training is valued at $1,800, you can sign up for a limited time for just $29.99.

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How to learn the essentials of cloud computing online - Mashable

Up and Running Software Brings Cloud Computing Expertise and Custom Software Development Skills Together To Drive Business Agility – Yahoo Finance

TipRanks

At its January FOMC meeting, the Federal Reserve held interest rates steady they are near rock-bottom now, and to no ones surprise, the Fed is keeping them there. Fed Chairman Jerome Powell may have fed some market pessimism when he spoke after the meeting, and pointed out that unemployment, which has been rising in recent months. For market watchers seeking support, there is solace in the Feds monetary policy. The central bank is committed to buying $80 billion monthly in Treasury notes, and has put a rate increase on hold, likely until 2023. At least one top strategist sees the current market environment in terms of opportunity. JPMorgan strategist Marko Kolanovic takes a bullish stance, writing, We expect the global COVID pandemic to decline rapidly in the coming weeks. In fact, the pace of decline in new cases over the last 2 weeks is the highest on record both in the US and globally Central Banks should remain accommodative given the elevated unemployment levels and over a decade of low inflation running below their targets Short-term turmoil, such as the one this week, are opportunities to rotate from bonds to equities. Taking this outlook into consideration, we set out to find exciting opportunities that wont break the bank, namely penny stocks. These stocks, priced at $5 or less, offer investors some of the highest growth potential available in the market. There is risk here, too, as the pennies are often priced low for a reason, so due diligence is essential. Using TipRanks database, we identified two penny stocks that have earned a Strong Buy consensus rating from the analyst community. Not to mention each offers up massive upside potential, as some analysts see them climbing to $11. BioLineRx, Ltd. (BLRX) Well start with BioLineRx, a clinical stage biopharma company focused on developing new cancer treatments. Oncology is a major field for cutting edge biopharmas. Cancer is frequently deadly, and frequently resistant to current treatments and those treatments themselves will frequently cause severe side effects in patients. BioLineRx has an active pipeline of drug candidates, but the most advanced is motixafortide, a synthetic peptide which has completed patient enrollment in a Phase 3 study on stem cell mobilization for autologous bone-marrow transplantation. The drug is being studied for its efficacy in promoting the harvesting of bone marrow prior to the cancer treatment. Results from a pre-planned interim analysis showed statistically significant evidence favoring treatment with motixafortide in the primary endpoint, evidence which was so significant that the enrollment was completed early, with 122 patients instead of 177. Stem cell mobilization, using motixafortide, is seen as the companys most efficient path to registering the new drug for regulatory approval. Based on the potential of motixafortide and the $2.40 share price, some analysts think that now is the time to pull the trigger. Covering BLRX for Oppenheimer, 5-star analyst Mark Breidenbach noted, Our thesis remains centered on motixafortide in stem cell mobilization, and we see a disconnect between the companys market capitalization and motixafortides market opportunity as a stem cell mobilizer. Key GENESIS secondary endpoints are expected by mid-2021, and we see little risk heading into these data The analyst added, We believe results from the Phase 3 GENESIS trial could spur the majority of transplant physicians to choose BL-8040 over Mozobil to combine with G-CSF if the drug is approved. Upside to our thesis includes BL-8040 for use in other auto-HSCTs, allo-HSCTs, AML, and solid tumors. The company boasts a catalyst-rich, deep oncology pipeline that has attracted collaborations with Novartis, Merck, and Genentech. Given all of the above, Breidenbach rates BLRX as a Buy, and his $11 price target suggests a whopping 358% upside for the year ahead. (To watch Breidenbachs track record, click here) The rest of the Street appears to echo Breidenbachs bullish sentiment. As it has racked up 3 Buys and no Holds or Sells, the consensus is unanimous: BLRX is a Strong Buy. Adding to the good news, the upside potential lands at ~428% based on the $12.67 average price target. (See BLRX stock analysis on TipRanks) Kindred Biosciences (KIN) While most biotech companies focus on human medications, we are not the only market. Kindred biosciences is biopharmaceutical company in the veterinary market, developing biologic medications to improve the lives of our pets and working animals. The company describes its mission as [bringing] to pets the same kinds of safe and effective medicines that human family members enjoy. Parvovirus (CPV) is a highly infectious, and highly lethal, viral disease affecting dogs. While vaccines are available, untreated cases can see upwards of 91% mortality. Kindreds main pipeline drug, KIND-030 is under development as a treatment for this disease. Currently, the drug candidate is following two paths in the development process one for treatment of established infections, and one as a prophylactic preventative treatment for CPV. The prophylactic study has shown positive results, with treated dogs all avoiding infection, while all dogs in the placebo group developed parvovirus disease. KIND-030 also showed a mortality benefit when given as a treatment for infection. The drug candidate is in the pivotal study stage of development, the last before potential approval. Last month, Kindred announced that it had entered an agreement with Elanco Animal Health a major manufacturer of veterinary medicines for production of KIND-030. Cantor analyst Brandon Folkes sees plenty of potential in Kindred, especially in the companys agreement with Elanco. A partnership with a leading animal health company, in this case Elanco, is exactly what the company needed, in our view. In our view, this validates KIN's new strategic approach, as a developer of drugs while seeking larger commercial partners. We believe that today's deal should reinforce to investors that there remains meaningful value in Kindred's pipeline, which could be realized over the next 12 to 18 months, Folkes opined. Kindred is also conducting studies of Tirnovetmab, or KIND-016, an antibody targeting IL31, in the treatment of atopic dermatitis in dogs. The pivotal efficacy study of this drug started in the last quarter of 2020. There is a potentially huge market for a successful dermatitis treatment for canines; in the last six years, there has been a 47% increase in vet visits for dogs with severe itchy skin, and the market is estimated at $900 million or more. While 2020 has been a tough year for KIN stock, the company continues to have multiple shots on goal from its diversified pipeline that could reward investors from the current levels. With multiple readouts in 2021, and the renewed sole focus on development of its pipeline we expect 2021 could be a banner year for KIN should it be able to deliver on the promise of its pipeline, and in particular the atopic dermatitis portfolio, the analyst summed up. To this end, Folkes gives KIN an $11 price target, implying a 139% upside potential for 2021, and an Overweight (i.e. Buy) rating. (To watch Folkes track record, click here) Kindred is another company with a unanimous Strong Buy analyst consensus, this one based on 5 recent Buy reviews. The stock has an average price target of $10.25, which suggests room for ~124% growth from the current trading price of $4.59. (See KIN stock analysis on TipRanks) To find good ideas for penny stocks trading at attractive valuations, visit TipRanks Best Stocks to Buy, a newly launched tool that unites all of TipRanks equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

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Up and Running Software Brings Cloud Computing Expertise and Custom Software Development Skills Together To Drive Business Agility - Yahoo Finance

Kickstart Your Cloud Computing Career With This $30 Training Bundle – PCMag.com

In case you need proof of where the IT jobs of the future are headed, know this: More than 90 percent of American businesseskeep their essential data in the cloud. But while cloud computing offers a lot of versatility and storage, it also requires knowledgeable people to set up and maintain itand there's room for more of them every day.

There's never been a better time to join their ranks, and The2021 Cloud Computing Architect Certification Bundle is a great place to start, offering a series of e-learning courses that can prepare anyone for a career in this rewarding field.

Don't know the first thing about cloud systems? Start with an introductory course that lays out all the primary concepts, as well as the main service models and ways to deploy them. And because this bundle is job-focused, you'll move on to advanced tutorials about the most popular model of them all: Infrastructure as a Service, or IaaS. Subsequent courses offer insight into what it takes to become a cloud architect with Microsoft Azure, one of the leading IaaS providers.

In just a few hours, you can learn about system design, load balancing, and the steps involved in building a secure infrastructure. Meanwhile, classes on microservice architecture let you build systems with an eye toward the company's capabilities, and a full machine learning boot camp teaches time-saving tricks to automate your workflow.

These courses come with certificates that will stand out on any IT resum. PCMag readers can dive right in with The 2021 Cloud Computing Architect Certification Bundle, available now for $29.9998 percent off the MSRP.

Prices are subject to change.

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Kickstart Your Cloud Computing Career With This $30 Training Bundle - PCMag.com

Google Is Making Up Lost Ground When It Comes To Cloud Computing – InvestorPlace

Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is undoubtedly one of the biggest and best mega-cap stocks on Wall Street.

Source: achinthamb / Shutterstock.com

Google stock is coming off another solid year. And increasingly, Googles cloud services are a growing part of the companys success.

While it didnt show some of the amazing returns enjoyed by some of the biggest tech stocks in the world, Google stock still managed to pull a 27% return in 2020. That easily topped the greater Nasdaq composite, which gained roughly 15%.

Now as Alphabet barrels toward its fourth quarter and full-year earnings report (expected February 2), the big question is what investors can expect from Alphabet. The company has its hands in everything from AI to cloud storage, internet services, advertising, entertainment and autonomous vehicles.

Such reach gives Alphabet huge advantages to pull in profits from a variety of sources, making the company relatively impervious to long-term downtrends.

But Alphabet is also in keen competition with other mega-cap tech companies that are vying for the same slices of pie that are fueling Google stock.

Heres what you should be looking for as Alphabet prepares its earnings report.

The big question for Alphabet is whether it will be able to replicate the success it showed for Q3. In the third quarter, Alphabet posted revenue of $46.2 billion and earnings per share of $16.40.

Analysts had expected revenue of $42.9 and EPS of $11.21, so the earnings beat was a big one.

The beat was especially significant as the company saw its first-ever decline in revenue in the second quarter, thanks to a fall-off in advertising revenue during the novel coronavirus pandemic.

Those numbers turned around in Q3, with advertising revenue of $37.1 billion compared to $33.8 billion in the third quarter of 2019. Alphabet will need to continue that positive trend in Q4.

While advertising is a core business for Alphabet, theres yet another reason why I think Google stock is one worth watching as we head into the Q4 earnings report.

Undoubtedly, there are some big players in the cloud computing and storage game. Competition is fierce and the market is growing.

So its notable that that Alphabet isnt just sitting on its laurels when it comes to building out the Google Cloud Platform (GCP).

Three years ago, Cockroach Labs began issuing annual comparative cloud reports, giving consumers and businesses an indication of which company was doing the best in cloud services and computing. And in that early study, Google ranked far behind competitors such as Amazon (NASDAQ:AMZN) Web Services and Microsoft (NASDAQ:MSFT) Azure.

Not any longer.

In the Cockroach Labs 2021 report released this month, Google is ranked as providing the best overall performance.

The margins are tight. For instance, Google gets top scores for running online transactional processing workloads. Amazon is considered to be the best value for the money.

Declaring a winner was much harder to declare in years past, the authors say in the study.

Amazon, Microsoft and Google are three mega-heavyweights. Its like a prize fight with Muhammad Ali, Mike Tyson and George Foreman all in their primes.

Alphabet will have to work hard to continue to improve its cloud services, but its on the right track. And more importantly for Google stock, the companys cloud services are a reliable money-maker. In the third quarter, Google stock recorded $3.44 billion in revenue from the companys cloud services, versus $3.32 billion that analysts had expected.

Just this month, Alphabet announced some new AI tools that will help retailers using Googles cloud services to deliver a better user experience to their customers. The tools will allow retailers to suggest products based on their browsing history and will be able to adapt in real time to user behavior.

Nobody collects browsing data like Alphabet. The companys Google Chrome web browser is by far the dominant browser in the United States, with more than a 50% market share.

Tools such as these are doubly important for retailers who are doing more business online, thanks to changes in customer behavior brought on by Covid-19. They will help Alphabet compete with Microsoft and Amazon for cloud dominance.

Google stock had a good though not great 2020. But theres good reason for optimism, particularly with the companys emphasis on cloud computing and services.

Forrester Research estimates that the public cloud computing infrastructure market will grow by 35% to $120 billion. Now that Alphabet has made up the ground with Amazon and Microsoft, its going to be important for Google stock that the company keep investing in its cloud products.

On the date of publication, Louis Navellier had a long position in GOOGL, AMZN and MSFT. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.

The InvestorPlace Research Staff member primarily responsible for this article had a long position in AMZN. The staff member did not hold (either directly or indirectly) any positions in the securities mentioned in this article.

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Google Is Making Up Lost Ground When It Comes To Cloud Computing - InvestorPlace

AWS: Cloud computing makes it easier to pursue reinvention – Verdict

The Covid-19 pandemic and the shift to remote working it has prompted means that 2020 was in many ways the year of the cloud.

The adoption of cloud-based systems and public clouds has soared over the past 12 months as businesses look to digitise quickly and support remote workers. And this trend looks like its here to stay.

According to research by Sumo Logic, in 2020 multi-cloud adoption grew by 70% year-over-year.

Verdict spoke to Ian Massingham, global director of startup solutions architecture at Amazon Web Services (AWS) to find out how startups can utilise the benefits of the cloud to adapt to the challenges posed by Covid-19.

Ian Massingham: The Covid-19 pandemic has ultimately changed the way that we live and work, and as a result, all organisations have had to adapt to the challenges it has raised. One of the main characteristics that helps startups to succeed is adaptability. This is such a fundamental necessity for startup success that it resulted in the term pivot being coined, which means a rapid, and sometimes unexpected change of direction or business model that helps a startup flourish.

We have seen some fantastic examples from our customers of companies that successfully pivoted their business as a result of the pandemic. For example, Phorest, a company that specialises in computer software for hairdressers, spas, and beauty salon owners, pivoted its business model and quickly built a voucher platform and e-commerce offering to help support salon owners through the pandemic, enabling them to generate income while non-essential services were closed. The cloud-based management system was used this year by over 90,000 salon and spa professionals globally. Another example is Manna Aero, the worlds first aviation-grade, B2B autonomous drone delivery as-a-service company. Due to the Covid-19 pandemic, Manna pivoted its business from commercial food delivery and partnered with the Irish governments Health Service Executive to deliver prescription medicine and critical supplies to the local community, and in particular elderly and vulnerable people, in the town of Moneygall, in southwest Ireland.

The pandemic has also created challenges in some of the sectors where our customers are building new businesses travel would be an obvious example but at the same time, it has created growth opportunities for others, such as digital fitness apps or remote collaboration tools. One such company is AWS customer Peleton, a New York-based company specialising in tech-enabled exercise equipment, that has registered a 66% surge in sales this year.

The pandemic has underlined how important cloud computing technologies are for developing a technical infrastructure and a culture that can adapt to and thrive in different circumstances. This year, weve seen enterprise organisations rapidly develop concrete plans for cloud adoption, after years of talking about moving to the cloud without necessarily taking the steps to make that shift.

This change in attitude reflects the central role that cloud plays in enabling businesses to rapidly and effectively transform how they operate and bring new services and solutions to the table and to therefore adapt to changing circumstances. Often, these adaptations reinvent the organisation, transforming how it works and what it means to its customers look, for example, at Netflixs fateful shift from mail-order DVD delivery to streaming.

When we look at the businesses that endure and sustain their success over many years, the consistent factor that unites them is this capacity to reinvent themselves where necessary. Moreover, this is not just-in-time reinvention, which happens at the last minute and is prompted by urgent external factors. It is instead continuous reinvention that often takes place when the company is in a good position and is healthy.

There is a cultural factor to this continuous reinvention the ability to focus relentlessly on customers needs, to drive change from the top, and to access the top talent. But there is also a technological factor. Reinvention often consists of launching novel services and/or products and substantially changing internal processes, and knowing what technology is available to you and deploying it effectively plays a key role in accomplishing these changes.

Cloud computing makes it easier to pursue reinvention and enables builders to deploy a broad set of tools and capabilities as they imagine a new way forward.

The shift to remote working and the other effects of the Covid-19 pandemic have accelerated the adoption of the cloud by several years. Organisations have had to rapidly adapt to deal with the challenges that the pandemic has presented. Cloud computing has proven an effective tool in meeting these needs quickly, reliably, and without the need for employees to travel or work in close proximity to one another.

It has been incredible seeing how our customers have implemented agile and innovative solutions this year, using cloud computing during the pandemic to adapt to operating remotely. One such example is Morrisons. The British retailer built a cost-effective and flexible contact centre system on Amazon Connect in just eight weeks. The new scalable solution enabled Morrisons to respond immediately to the challenges of the Covid-19 pandemic, and within a day, it enabled every single person in the contact centre to work from home. It was also able to quickly hire a broad range of people from across the nation such as travel-industry employees who had lost jobs to respond to the increased call volume, which had swelled to as much as six times the weekly average. AWS APN Partner, Voice Foundry, also used Amazon Connect to help local councils manage call volumes from residents during the pandemic. Not only did it ensure they could meet citizens needs at this critical time, it ensured employees could attend to calls without having to leave their homes.

Depending on the size of the organisation, there are a number of steps that can help ensure a smooth and effective transition to the cloud.

One of the underlying aspects is having well-equipped and well-trained staff. For small businesses and startups this often means hiring people with the right skills who can bring their experience and knowledge. Smaller companies often dont have the luxury of time to train people meaning that hiring people with experience is the easiest way to ensure a smooth transition to the cloud.

For bigger organisations, who often have well-developed product and IT teams, and hundreds or thousands of employees, replacing or re-hiring talent is not an option. For these organisations, training becomes a very important prerequisite for initiating cloud migration. One of the first things we do when working with large, enterprise businesses is to develop what we call an AWS Cloud Enablement Engine. This is a dedicated business unit within the organisation that is focused on helping with the cultural changes needed to get the most from the cloud. This can be everything from setting up governance frameworks, so cloud consumption can happen in line with an organisations regulatory obligations, through to developing training and certification programs to up-skill all employees on AWS technologies and new ways of thinking.

Secondly, working with partners who specialise in cloud adoption can have a positive impact on the overall cloud migration experience. Companies should look for partners who bring a wealth of expertise in this area and who have a strong record of delivering similar projects for other organisations.

Lastly, it is also important to put in place early foundations for cloud adoption. This includes integrating identity management systems with cloud providers and establishing policies and processes, as well as security protocols, that could be later used to facilitate cloud adoption.

When it comes to global cloud adoption, we are just at the beginning of the journey. According to Gartner, public cloud is projected to make up 14.2% of the global enterprise IT spending market in 2024, up from 9.1% this year.

For the most part, IT is still delivered by traditional models, where customers own and operate their own infrastructure and data centres. However, as more organisations start to realise the benefits of cloud computing, in part accelerated by the Covid-19 pandemic and the major shift to online this year, we can expect a considerable uptake of cloud adoption and usage over the coming years. However, its important to note that cloud will quite often co-exist with existing IT infrastructure in a variety of hybrid cloud models, and in other instances lift and shift migrations will see applications or workloads being migrated directly from on-premises to the cloud. These approaches speed up innovation and growth, enabling businesses to adopt cloud technologies in the way that best suits their requirements.

But for cloud adoption to be successful, investing in tech skills will become imperative over the next few years. At AWS, we want to enable our customers to fully benefit from cloud-based technologies, and during re:Invent 2020 we announced our initiative to help 29 million people globally grow their tech skills by 2025 with free cloud computing skills training. This training will be available to people from all walks of life and all levels of knowledge, and we have a variety of pre-existing programmes that address a diverse array of training needs. AWS Academy enables students and educators access to content and programs developed to skill up for cloud careers in growing fields. AWS re/Start prepares have been out of the workforce for 12 months or more, and are looking to return to work.

And were just getting started. Despite AWS being around for 14 years, it is still early days for cloud adoption. Cloud wont just replace everything. Instead, new applications and new systems will default to the cloud and will grow fast. This means that over time, cloud computing is already vitalfor organisations who want to build applications and run their technologies quickly, seamlessly, and securely, and its importance will only increase.

Read More: Parler goes offline as AWS withdraws support.

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AWS: Cloud computing makes it easier to pursue reinvention - Verdict

Online Cloud Computing Courses: Why are they Essential? – Analytics Insight

Cloud computingis the trending topic among IT enthusiasts in recent years. The technology is seen as a handy solution to emerging connectivity and storage problems in small, medium and large corporate companies. Cloud computing has seen high adoption among organisations for its ability to help individuals and businessessave their data by incurring at a lower cost. Eventually, this has led to companies looking for professionals who are well versed in cloud computing technology.Online cloud computing coursesand specialisations teach cloud architecture, services, hosting and more that are essential for a cloud professional.

Thetraditional way of setting up an IT infrastructureby purchasing hardware, getting an appropriate license and installing useful software to trigger its functions are out of the market. These processes are considered to be too lengthy and expensive. As a substitute, the IT infrastructure is being replaced by cloud computing technology. The emerging trend offers Pay Per Use (PPU) models where companies can pay for what they use. Cloud computing is defined as the delivery of computing services like servers, storage, databases, networking, software, analytics, and intelligence over the internet to offer faster innovation, flexible resources, and economies of scale. The footprint of cloud computing is found way back in 1961 when John MacCharty shared the idea of the technology and its potential to become a community. After four decades, Salesforce started delivering cloud computing solutions through a simple website in 1999. Later, the technology saw continuous adoption with tech giants leveraging services likeMicrosoft Azure, AWS Google, Layersoft, etc.

The shift in global tech trend is visible to our eyes. An increasing number of companies fromvarious industries are embracing the cloudto perform and improve on a large scale. As the popularity peaks, the demand for professionals who have completed cloud computing training and performs well in the system is constantly on the rise. To the learners benefit, advanced cloud computing certification courses are also offered online. Henceforth, taking up the right course willbenefit the individual on professional grounds. Fortunately, online cloud computing courses come with a handful of benefits which will outperform other learning models.

Over the past couple of decade, cloud computing has emerged from mere nothing to everything in todays working system. It has become an integral part of the companys infrastructure. Industry analysts also predict that cloud computing will expand drastically over the next few years. With the increase in cloud technology, the question now turns to who will become the centre of attraction? Indeed, it is the individuals who master cloud computing courses. The demand for professionals with the right skills in cloud computing is significantly increasing. This led to a bloom of online cloud computing courses, both free and paid gaining traction. Online cloud computing courses teach individuals on how to design, implement and manage complete cloud computing systems. They also teach toimplement important cloud security featuresto protect against hackers. Online cloud computing courses comes with a set of advantages as listed below.

Keeps up with market demands: Individuals who have taken cloud computing courses stand out from the rest. They will have a definite edge in the job market as cloud computing is being embraced by many companies today and it is anticipated to spike in the upcoming years. IT professionals undertaking training in cloud computing add up their value in the job seekers sector. As online courses come at the individuals comfort, they can avail it from anywhere and at any time.

Improve the earning potential: With a simple online course on cloud computing, IT professionals, who are already in the industry can dramatically increase their job value. According to aSimplyhiredreport, the average salary of a cloud administrator is over US$78,000. Meanwhile, cloud developers earn an average of US$118,758 and cloud architects make US$124,406 a year.

Learn from a pro: A lot of online cloud computing courses hire experience cloud instructors to teach their students. Learning from a pro makes a huge difference in the quality of training individuals get. Due to the online mode of class and professionalism it carries, many individuals chose online route to enhance their knowledge.

Enhance job security: Elevating ones job in cloud computing comes at the cost of upgraded knowledge. In order to secure their jobs, cloud professionals should stay up-to-date with skillset. Online cloud computing courses offer all the updated technologies every time something gets streamlined in the market.

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Online Cloud Computing Courses: Why are they Essential? - Analytics Insight

Cloud computing will remain one of 2021’s biggest growth areas this training explains it all – Boing Boing

Every year, U.S. News and World Report compiles its Best Jobs list and once again, the venerable news outlet has determined it's pretty great to be a network architect. For another year, the role of computer network architect is on their list of the top 10 technology jobs around, with an unemployment rate of just 0.7% and a median salary of over $112,000 a year.

And, with another 8,000 such positions expected to open up over the next decade, now is a stellar moment to get schooled in the ways of the cloud and master its abilities to join that highly employed, well-compensated crew of industry pros.

With the training in The 2021 Cloud Computing Architect Certification Bundle, you can put yourself right in line to join this expanding workforce as cloud migration continues its rapid expansion in virtually all business sectors.

The training begins with introductory courses like Cloud Computing for Beginners: Infrastructure as a Service and Getting Started with Cloud Computing, which spell out what a newbie needs to know to understand a cloud system, regardless of the service platform. If you don't know the differences between private, public, hybrid, and multi-clouds, how computing, storage, and networking all interconnect, or what makes each of the different cloud service models unique, you will after this training.

With its emphasis on independent control and scalability, many operations follow the IaaS (Infrastructure as a Service) model, so the three-part Becoming a Cloud Expert course series explains the tools available through the Microsoft Azure platform for crafting a system to a company's specific needs and growth plan. Whether it's learning how to oversee virtual machines, maintain performance and security levels, or expand the cloud network when the time comes, this training can help make that happen.

Finally, the Machine Learning for Absolute Beginners collection brings together three more courses that don't just aim to explain how programming-autonomous thinking computers works. It also gives students a game plan for building deep learning systems of your own and implementing their time-saving skills into any sound cloud-based operation.

Each course in The 2021 Cloud Computing Architect Certification Bundle is a $200 value on its own, but right now, the entire collection is available now for just over $3 per course, at $29.99.

Prices subject to change.

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Tercera Looks to Accelerate Technology Professional Services Businesses Specializing in the Third Wave of Cloud Computing – PRNewswire

The company, which is led by a team of seasoned investors and advisors who are deeply ingrained in professional services, is on a mission toempower the people and businesses who make technology work. Spanish for Third, Tercera provides those leading the cloud's Third Wave with the capital, counsel and connections they need to scale faster, do more and achieve outsized outcomes in today's digital age.

CEO Chris Barbin founded Tercera based on his experiences as the co-founder and CEO of Appirio and his recent work as a Venture Partner at GGV Capital. Appirio, a pioneer in cloud services, was among the first enterprise services partners of Salesforce, Google, Workday and AWS. Barbin led Appirio to be one of the largest cloud consultancies before it was acquired in 2016 for $500 million. The Tercera team is seeking to help other services companies achieve similar success in a market segment that has been historically neglected by other investment firms.

"We believe the professional services space has been underserved by investors for too long, especially as it becomes clear just how important these partners are to customer adoption and market growth," said Chris Barbin, founder and CEO of Tercera. "Cloud professional services is already a massive market opportunity, growing more than 20 percent year over year. With the pandemic driving more digital connections with customers, partners and employees, and enterprise cloud adoption happening faster than expected, we believe this market is poised for significant growth over the next few years."

"Businesses rely on cloud computing like never before and it underpins so much of the innovation happening in technology, so it's not surprising cloud professional services are booming on G2," said Godard Abel, founder & CEO of G2, the world's largest B2B tech marketplace. "Businesses are in dire need of systems integrators and managed service providers who can help them manage their increasingly large and complex cloud deployments, and yet the capital flowing into this space has significantly lagged investment in the technologies themselves. Tercera fills a gaping hole in this area, and we'll be closely watching the firm's portfolio in the coming years."

Trilantic North America, a private equity firm that manages aggregate capital commitments of $9.7 billion, partnered with Chris to form Tercera, joined by a network of individual investors aligned with Tercera's people-first vision. Tercera looks to partner with services firms that arefounder-led, growth-focused and cloud-driven.

Tercera typically takes a minority stake in companies, investing between $5 million to $20 million of capital, selectively partnering with other firms and strategic investors as businesses scale.However, the company will provide more than just growth capital. It is also building out a services-oriented Advisor Network that will provide practical and diverse guidance and support to founders.

"Capital is only one component to growth," continued Barbin. "Experienced guidance and a support network play an equal role in helping founders and teams scale faster and more gracefully than they could on their own. The Tercera Advisors are services professionals who have built, bought and sold services organizations, or run critical functions in services businesses. They bring the pattern recognition, diversity and playbooks that growth companies need."

Useful ResourcesDefinition and players in the cloud's Third WaveRead Tercera's people-first manifesto Connect with Tercera on LinkedInFollow Tercera on Twitter at @TerceraCapitalFollow Tercera's blog for news, trends and advice in cloud services

About TerceraTercera is an investment and advisory firm founded to accelerate the growth of people-centric businesses. Specializing in the $460 billion cloud professional services market, the Tercera team is composed of invested operators who know first-hand what it takes to build and scale a successful cloud services business. Tercera (Spanish for 'third') is on a mission to identify the people and partners who will lead the next wave of cloud computing - the Third Wave - and provide them with the capital, counsel and connections they need to scale faster and take an outsized share of the market. For more information, visit: https://www.tercera.io/.

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Critical: Pre and Post COVID-19 impact on the Cognitive Cloud Computing Market KSU | The Sentinel Newspaper – KSU | The Sentinel Newspaper

According to globalcognitive cloud computing marketanalysis by Research Dive, the global market is anticipated to reach $108,788.7 million till 2027 at a 31.3% CAGR, rising from $11,530.0 million by 2019.

Cognitive Cloud Computing Market, COVID-19 Effect:

The COVID-19 emergency is expected to have positive effect on the global cognitive cloud computing market growth in 2020. The COVID-19 outbreak is perhaps the utmost healthcare challenge of the past century globally. In such situations, natural language processing (NLP), deep learning and big data techniques have played a significant role in the drug discovery as well as detection and monitoring of virus effected patients. NLP technique enables the researchers and scientists to access information from various sources such as scientific publications, previous clinical trial records, internal sources, and others to find most effective way for treating the virus-affected patients. Also, NLP technique with cognitive computing has a potential role in finding the risk factors involved in the COVID-19 spread and hotspots based on infection rate. These aspects are projected to have a positive impact on the global market growth in the emergency period.

Cognitive Cloud Computing Market, Overview:

Rising demand for cognitive cloud computing technologies from various businesses such as financial institutions, healthcare and retail to modernize their organization activities through most innovative technologies such as machine learning, natural language processing and others is estimated to boost the growth of the market in the forecast timeframe. Also, cognitive computing models playing a major role in the investigation of large volumes of organization data in real time and suggest advanced solutions for business growth is further estimated to boost the growth of the market in the prediction time. In addition, rapid growth in the implementation of cognitive cloud computing tools in news industry because of applications such as image & speech recognition, in-depth text understanding, detection of expression and emotion and many other abilities is further anticipated to surge the market growth in the review time. In addition, rising incorporation of AI in cognitive cloud computing technologies to provide enhanced solutions for business growth is anticipated to generate huge prospects for the growth of the market in the near future. However, huge installation and maintenance cost for the cognitive cloud computing models is expected to be a major restraint for the growth of the market.

Cognitive Cloud Computing Market, Segmentation Analysis:

The machine learning (ML) technology is predicted to witness a significant growth and is estimated to rise at a healthy CAGR of 30.3% during the analysis period. Increasing demand for ML with cognitive computing technologies in computer program development is predicted to bolster the market growth in the forecast period. This growth is mainly owing to ML with cognitive cloud computing tools offering computers with the capability to continuing learning to build innovative models to meet customer demands by analyzing the correlations between the consumer demand and requirements. This aspect is predicted to grow demand for ML technologies and propel the growth of the market in the forecast years.

Large enterprises sub-category was the highest revenue contributor of the global cognitive cloud computing market in the past decades and is expected to continue its rise at a healthy rate of 30.7% CAGR during the estimated time. Wide utilization of cognitive cloud computing technologies in the large enterprises to improve customer experience by implementing innovative cloud computing abilities to their business activities is estimated to impel market growth during the estimated timeframe. Moreover, SMEs sub-segment is estimated to grow at a rapid pace with a 32.4% CAGR and is estimated to generate a revenue of $35,077.7 million till 2027. Government initiatives to support SMEs to adopt innovative technologies like chatbots to ensure improved user services for gaining customers interest is estimated impel the market growth in the forecast time.

In the past decades, healthcare industry accounted for majority of the cognitive cloud computing market share, which was about 19.1% and is anticipated to rise at a highest rate of 32.5% CAGR during the forecast time. Cognitive computing platforms offering better treatment to patients are playing a significant role in better diagnosis for quicker recovery of patients, which is predicted to accelerate the growth of the market in the analysis time. Retail industry vertical is expected to witness a notable growth and is anticipated to grow at a CAGR of 32.1% in the analysis time. Rising adoption of cognitive cloud computing technologies by retail companies to revolutionize their organizational operations is estimated to accelerate the market growth in the analysis period.

North America was a significant revenue contributor of the global cognitive cloud computing market in 2019 and is estimated to retain its growth at a CAGR of 30.0% during the forecast years. This dominance is owing to early adoption of cognitive cloud computing technologies by the industry verticals because of technological advancements like IoT and 5G services that have encouraged many companies to adopt cognitive cloud computing in the North America. Furthermore, Asia-Pacific cognitive cloud computing market will experience a remarkable growth during the forecast period and is estimated to account for $31,548.7 million by 2027, at a CAGR of 32.5%. Government initiative to support modernization of infrastructure towards adoption of cognitive computing technologies especially in developing economies such as India and China to provide enhanced solutions for the business growth is predicted to propel the market growth in the Asia-Pacific.

Cognitive Cloud Computing Market, Significant Market Players:

These players are continuously concentrating on product advancements and new technology introduction by investing into R&D activities to reach major position in the global market.

Porters Five Forces Analysis for Cognitive Cloud Computing Market:

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Critical: Pre and Post COVID-19 impact on the Cognitive Cloud Computing Market KSU | The Sentinel Newspaper - KSU | The Sentinel Newspaper

CIOs see cloud computing as the bedrock of digital transformation – Express Computer

In a power packed AWS CXO panel that saw participation of Sourabh Chatterjee, President and Head IT, Bajaj Allianz General Insurance Co, Balkrishna Singhania, EVP and Head Digital, HDFC Life and Manish Verma, CTO, SonyLiv agreed on a common view that cloud computing is the most important technology for their digital transformations during the past five years.

The session was chaired by Puneet Chandok, President Commercial Business, Amazon Internet Services Private Limited, AWS India and South Asia.

In his opening remark Chatterjee of Bajaj Allianz said, At Bajaj Allianz we decided to move our core policy admin platform to a public cloud, and this is easier said than done, because we needed top-down commitment and other approvals, and we were fortunate to have that. So for us, agility and future-readiness was the primary driver of digital transformation. From a pure tech standpoint, besides the infra and provisioning, more importantly, we had clearly defined the business outcomes for each of the areas of transformation. I think the thing that worked for us and were just still working on, is a variable cost model, and the Covid pandemic times proved that fixed infra and high capex is not needed.

Sharing SonyLivs story of digital transformation, Verma said, We started our transformation journey sometime in December last year, and we put an aggressive target for ourselves to relaunch our application with the revised product and content positioning in the next four-five months. So you can imagine what it takes to launch 20 different applications across 20 different platforms. And we also had content in different types GEC audience content is more organic, as compared to sports and live sports content with cricket and football, where we see spikes in traffic, and having a reliable tech backend and cloud infrastructure hence becomes important. To address these different types of traffic pattern and consumer behaviour, we had to use a reliable tech platform and ensure we were able to offer a seamless consumer experience across 20 different platforms. Since we launched, we have seen a 5x increase in subscription traffic and a 70-80 per cent increase in the traffic for content consumption.

Highlighting the cloud journey of HDFC Life, Balkrishna Singhania stated, We setup a separate team that focused on developing applications solely on the cloud. At some part earlier this year, as a part of our migration of our infrastructure. We did a lift and shift of our core applications from on premise machines to the cloud, with the whole idea that if we wanted to be cloud-native and digital-native, we couldnt afford to build patch-up systems where some part of it is on the cloud, and some cloud system is talking to on premise machines for data, and so on. Insurance is more B2B2C business than a B2C business. Enabling our partners was important having our API installed in our partners systems, to enable them to query our systems for a particular customer, could become seamless with the cloud.

The CIOs also shared their challenges and experiences during the pandemic. Responding to the big business focus area that tech and cloud will enable or drive in 2021, Chatterjee shared, For us, its very clear the data and analytics piece, and all the modeling that we are doing around fraud, retention propensity, the entire claims experience, I think, across the value chain, anything that is data and insights. And I will be careful in using the term analytics, because in a lot of areas we use analysis and we incorrectly call it analytics, but the idea is, cloud will enable the entire data and insights as a capability within the organisation. This is something big for us and will be driven by the cloud.

For SonyLiv, the focus is on harnessing the use of data. We as an organisation, are digital and are using data in each and every decision that we make, whether it is on the infrastructure side, content programming, content production, churn analysis, retention everywhere. I think it is all about data and democratisation of the data. We are working big time on introducing some of the prediction models, machine learning models, which can help us to retain users. So, I think data is going to play a critical role. The other area which I feel we as a business, is on the OTT side. As we have seen that especially cricket in India, each match is a new benchmark, Verma highlighted.

Lastly, Singhania of HDFC Life mentioned, Focus on making our applications intelligent is the next big thing, so data and analytics definitely comes there. And as a company where you have multiple touch points with customers, being able to take all the pieces of information and what customers need, where they need it, how they need it, and being able to give them in a nice and intelligent fashion, is the key according to me. When you add to technology a recommendation engine, propensity models, etc., you can make the systems intelligent. Making a lot of our systems intelligent is the key for us.

Sharing some of the best practices for the Indian counterparts of BFSI sector, Chandok highlighted, AWS work globally, and were the worlds largest and most broadly adopted cloud platform, including in financial services. And globally, weve got Capital One, Intuit, HSBC, Barclays many large organizations building and scaling upon the cloud. And theres a real network effect to this. And thats the beauty of a cloud platform like AWS, where some of the largest organisations, not just enterprises, but even startups, small and medium businesses, government organizations are building on it and everything they build, you are able to democratize that and bring that to all your customers. The best practices very quickly get democratized, and we learn from each other.

He also reiterated that, India is leading from the front on this right. And you can see this in this conversation, two of the largest insurance in the country, are thinking big and bold and moving fast onto the cloud and leveraging it. And not just in financial services, virtually every vertical business segment today is being reinvented by the cloud, due to its cost effective, functionalities.

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CIOs see cloud computing as the bedrock of digital transformation - Express Computer

The balkanization of the cloud is bad for everyone – MIT Technology Review

China has long required that cloud infrastructure be hosted in China by local companies. In fact, Chinas Cybersecurity Law mandates that certain data be stored on local servers or undergo a security assessment before its exported. A Personal Information Protection law, which is still in draft form, goes a step further by stating that Chinas data rules can be enforced anywhere in the world if the data at issue describes Chinese citizens. This law would also create a blacklist prohibiting foreign entities from receiving personal data from China.

Now the United States is beginning to advance its own version of digital sovereignty. Secretary of State Mike Pompeos Clean Network Initiative would prohibit Chinese cloud companies from storing and processing data on US citizens and businesses. And while the Biden administration will likely roll back many actions taken under President Trump, the prospect of compelling ByteDance to sell TikTok to Oracle or run its US operations through a local partner remains on the table. This could set a dangerous precedent: the US government would be mirroring and legitimizing Chinas cloud regulations, which require foreign providers to enter the market only through joint ventures with Chinese companies that own majority shares.

The trend toward digital sovereignty has unleashed a digital arms race that slows down innovation and offers no meaningful benefit to customers.

And in South Africa, a 2018 guideline from the South African Reserve Bank set up an approval mechanism for institutions seeking to use cloud computing, indicating that bank supervisors would not be agreeable if data were stored in a way that might inhibit their access to it.

If some variation of the TikTok/Oracle deal becomes the norm, it will set the stage for more governments to demand that technology providers sell a stake to a local entity, or operate through one, in exchange for market access.

Advocates of this approach argue that some degree of data sovereignty is inevitable. They say that the global internet still functions in the face of these rules, and companies continue to profit and innovate. But the fact that some companies continue to prosper under these conditions is not a persuasive argument for imposing them in the first place.

The trend toward digital sovereignty has unleashed a digital arms race that slows down innovation and offers no meaningful benefit to customers.

Companies like Amazon and Microsoft may well be able to afford to keep expanding their cloud computing platforms into new countries, but they are the exception. Thousands of smaller companies that provide cloud services on top of these platforms dont have the financial or technological wherewithal to make their products available in every data center.

In Europe, for example, the GAIA-X project may only strengthen the large incumbents. And in China, the vast majority of foreign software providers have decided not to make their cloud services available there because the hurdles are too formidable. This does both Chinese customers and foreign technology providers a disservice. It also unwinds all the economic and security advantages of a global cloud.

Whats needed is for different countries to collaborate on common standards, agreeing to a set of core principles for the cloud and norms for government access to data stored there.

The OECD, for example, could do this by building on its existing privacy guidelines. The OECDs Global Partnership on AI is one example of an initiative in a related technology area that brings together many stakeholders to develop policy.

As a starting point, the coalition could focus on a narrow subset of commercial data flows and corresponding use cases (such as those involving internal company personnel information, or cross-border contracts). Recognizing the concerns behind the drive for digital sovereigntywhich may include political security, national security, and economic competitivenesscould help lay the groundwork for such an agreement. One approach might be to offer incentives for those companies that participate in such a coalition, but without blocking data flows to those that do not.

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The balkanization of the cloud is bad for everyone - MIT Technology Review

Three trends that will transform cloud computing in 2021 – Information Age

Jim Demetrius, cloud infrastructure architect at TBI, identifies three trends that he predicts will transform cloud computing in 2021

The cloud is set to be more crucial to company operations.

Covid-19 cast a very long shadow over 2020. Fundamental changes some temporary, some permanent occurred due to a pandemic that impacted virtually every quarter of the business world. As this shadow extends into 2021, cloud computing will continue to evolve to accommodate this new reality. Three trends, in particular, will have a major influence.

As early as March of this year, it was predicted that businesses with on-premises equipment would move large quantities of their services to a cloud, co-location or managed infrastructure. Many were already in the process but Covid-19 accelerated the roadmaps considerably.

Part of the acceleration was highly pragmatic. Locked-down office buildings meant it was nearly impossible to get to equipment a situation that might have been catastrophic in the event of a serious issue. Even getting replacements for failed equipment would have risked delivery delays. Enterprises realised that going virtual was a safer, more flexible and possibly more cost-effective solution.

Since then, the shift has forecasted an even more seismic change, as companies realise that work-from-home (WFH) is a viable long-term option for employees and employers alike. Office space is expected to undergo a significant downsizing (with reports predicting that the office market could shed 145 million square feet in the next two years) and as rent decreases, more funds will be available to support the move to the cloud. IT investment will be an opex-versus-capex question.

The consequences will greatly impact all forms of cloud services, but particularly those involving the big players Amazon Web Services, Microsoft Azure and Google Cloud. We may see a transferal in IT staffing to cloud services as well, as less on-premises infrastructure is needed.

Jeremy Ward, cloud strategist at cloud consultancy Cloudreach discussed the companys agnostic approach, and cloud adoption during and beyond the pandemic. Read here

A newly-created remote workforce will change the office environment but there is much more at stake as people leave the workplace, and enterprise IT must be ready.

WFH will further accelerate a migration away from geographically concentrated IT services to cloud-based solutions that can be accessed anywhere theres an internet connection. Networks, applications and devices will all need to be rethought and redeployed. Even voice will move to the cloud; customer service and help desk operations will need to adapt using UCaaS (Unified Communications-as-a-Service) and CCaaS (Contact Centre-as-a-Service) solutions, along with technology innovations (unfortunately this includes trackers) that allow supervisors to manage remote workers.

As businesses offload physical hardware to employee-owned, VDI (Virtual Desktop Infrastructure) and DaaS (Desktop-as-a-Service) will become more common. Some companies are weighing the deployment of SD-WANs (Software Defined Wide Area Networks) against the cost per square foot of office space.

As for connectivity, latency is now an issue, based on the differences in internet speeds in residential neighborhoods. Wi-Fi speeds vary greatly by location, usage and time of day. Larger enterprises are compensating for this, in part, by deploying business-grade connections to critical employees.

Ismail Amla, chief growth officer at Capita, reveals how he envisions the post-pandemic future of the workplace. Read here

As so often is the case, security both follows and precedes nearly every kind of IT development. Such is the case with the shift to virtual services, as the enterprise digital perimeter expands, and the security envelope gets stretched.

Instead of maintaining a firewall around a tight physical space, the challenge for security professionals in 2021 will be to begin at the endpoint wherever and whatever it is and work backward toward the centre. Security standards for residential equipment and networks is far different than for commercial settings a fact not lost on cyber criminals.

Since Covid-19, there has been a huge increase in phishing attacks. Home Depot- and Equifax-scale attacks are more than a possibility. Healthcare in particular is under stress as criminals focus on the increase in both caseloads and WFH. Insurance claims and patient records can be more lucrative on the black market that social security numbers, making endpoint security of paramount importance.

Securing cloud-based WFH employees in the coming year will likely take one of two paths, depending on organisational size. For companies that can afford it, moving to a zero-trust security model resembling SASE (Secure Access Service Edge) architecture will make sense. For those that cannot, existing solutions such as DNS security will be instituted at an accelerated rate. Either way, employee security training (e.g. phishing attack awareness) will be mandatory.

As 5G begins hitting its stride in 2021, security will be even more challenging for organisations based in the cloud. 5G is all about increasing speed and IoT connectivity; cars, voice assistants, wearables, and even home appliances all have network connections. But thanks to 5G, the possibilities for what these devices can do are now a much greater concern. Dont kid yourself even a network-connected refrigerator can be a point of entry for bad actors wishing to penetrate a corporate data centre, and with 5G they can do so much faster.

2021 promises to be another transformative year for IT much of it due to Covid-19, as its effects persist. One day, however, the coronavirus will be gone, and the question facing most organisations, as they emerge from this era, will be how to wisely embrace the new challenges and new realities. Cloud computing, thanks to its versatility and ubiquity, may be just the answer theyre looking for.

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Three trends that will transform cloud computing in 2021 - Information Age

Healthcare Cloud Computing Market To Witness Astonishing Growth 2020- 2027 – LionLowdown

Worldwide Market Reports added Healthcare Cloud Computing Market to its vast collection of research Databases. The report classifies the Global Healthcare Cloud Computing Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth.

A comprehensive analysis of the Global Healthcare Cloud Computing Market is been done in this intelligence report. It includes the investigations done on past progress, ongoing market scenarios, and future prospects. Accurate data of the products, strategies, and market shares of leading companies in this particular market is mentioned. The report gives in-detailed information across Global regions, including Asia, North America, South America, Middle East, and Africa, Europe, with the sales and revenue data in each of the sub-segments.

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Healthcare Cloud Computing market competition by top manufacturers/players, with Healthcare Cloud Computing sales volume, price, revenue (Million USD), and market share for each manufacturer/player; the top players including:

Note: For a complete company list, please ask for a sample report.

We follow an iterative research methodology model to formulate the report that helps decision-makers take sound investment evaluation. Secondary research is carried out using internal and external sources to obtain qualitative and quantitative information of the market backed by the primary interview of KOLs and SMEs. This model negates any drastic deviation in the market estimation and is used to estimate the Healthcare Cloud Computing Market size and forecasts until 2026.

The Healthcare Cloud Computing Market report gives a 360-degree holistic view of the market and highlights the key developments, drivers, restraints, and future trends with impact analysis of these trends on the market for short-term, mid-term, and long-term during the forecast period. In addition, Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.

Industrial Impact of Covid-19 on Healthcare Cloud Computing Industry:

The outbreak of the pandemicCOVID-19changed the market scenario on the global platform. Many of the regions are facing the biggest economic crisis owing to the lockdowns that were implemented due to the outspread of the coronavirus infection. As the only solution that has been found to contracting this disease is social distancing many countries have implemented strong regulations in regards to people gatherings. Owing to this many of the businesses are working with only 30% of its employees thus not able to bring the maximum production.

Thiscan affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

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Healthcare Cloud Computing Market Report is Segmented as Following-

In the end, the Healthcare Cloud Computing report offers a short outline of the dealers, distributors, suppliers. Along with the Healthcare Cloud Computingsales channel, analysis findings, conclusions, and results. Finally, provide info regarding new entrants within the Healthcare Cloud Computing market. The study suggests a brand new proposition to spice up the Healthcare Cloud Computing market price and nurture businesses. Correspondingly explains the current global Healthcare Cloud Computing market and the coming development of the business. The Healthcare Cloud Computing Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure, and all these together will help leading players understand the scope of the Market, what characteristics it offers, and how it will fulfill customers requirements. The study also covers market status, share, future patterns, development rate, deals, SWOT analysis, channels, merchants, and improvement gets ready for the anticipated year between 2020-2027.

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Healthcare Cloud Computing Market To Witness Astonishing Growth 2020- 2027 - LionLowdown

TeamSupport Named Finalist in 2020-21 Cloud Awards – PRNewswire

TeamSupport employs cloud technologies to deliver outstanding results for its B2B customers and is a deserving finalist.

"Every member of our team strives to develop innovative solutions to help companies build strong and lasting relationships with their customers, and to support our customers with meaningful interactions each and every day," said Pete Khanna, CEO, TeamSupport. "To be recognized as a finalist is not only an honor, but clear recognition of the innovation and excellence we strive to achieve using leading cloud technologies."

Melissa Hendrick, Chief Marketing Officer, TeamSupport, agrees. "We are all proud to stand by our software solution. But more important to us is providing a customer-first client experience, a cross-collaborative and holistic view of the customer, really understanding their needs, and reducing the time it takes to resolve their issues."

Head of Operations for the Cloud Awards, James Williams, said: "TeamSupport employs cloud technologies to deliver outstanding results for its B2B customers and is a deserving finalist in the 2020-21 Cloud Awards program."

"This year has been one unlike any other, posing uniquely non-trivial challenges across every sector of industry. As we have seen across so many of this year's awards entries, the cloud has been pivotal in increasing organizational efficiency to meet demands both anticipated and unforeseen.

"From call centers to online shopping carts, cloud technologies have been the grease that keeps the global wheel of industry turning. They have been at the center of considerable behavioral change and new, innovative ways of working."

Hundreds of organizations entered, with entries coming from across the globe, covering the Americas, Australia, Europe and the Middle East. View the full shortlist here: https://www.cloud-awards.com/2020-shortlist/.

Final winners will be announced on Thursday 28 January 2021.

About TeamSupport

TeamSupport is a post-sale award-winning customer support software provider built specifically for the unique needs of B2B (business-to-business) technology-enabled companies within the computer software, hardware, information technology services, and telecom industries. Created by B2B customer support industry experts, TeamSupport has spent the past decade creating a support solution that helps build passionate customer bases for its clients. TeamSupport stands alone as the leading support solution that helps solve for sophisticated client needs and fuels successful client interactions.

The TeamSupport suite of solutions includes TeamInsights, a customizable reporting and analytics dashboard.

TeamSupport is headquartered in Dallas, Texas. Learn more at TeamSupport.com.

About the Cloud Awards

The Cloud Awards is an international program which recognizes and honors industry leaders, innovators and organizational transformation in cloud computing. The awards are open to large, small, established and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2021 and beyond. The Cloud Awards currently offers two awards programs, the Cloud Computing Awards and the Software-as-a-Service Awards.

Finalists were selected by a judging panel of international industry experts. For more information about the Cloud Awards, visit https://www.cloud-awards.com/.

SOURCE TeamSupport, LLC.

http://www.teamsupport.com

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TeamSupport Named Finalist in 2020-21 Cloud Awards - PRNewswire