Daily Archives: June 1, 2020

Editors note: Nicole Catchpole is Senior Analyst at Technology Business Research.

HAMPTON, N.H. The open source proposition has been embedded in Red Hats roots since the companys founding in 1993 and has since remained at the core of its guiding principles, with Linux operating system (OS) at the heart of all its innovations. Vendor loyalty and clearly charted paths were the mantras many companies operated on for years, while digital transformation was barely on an enterprises short-term road map.

Then a decade ago, cloud adoption surged, creating the impetus to embrace more agile and flexible development models, and open source technologies emerged.

While business models centered on open source software have proved challenging for many, Red Hats pre-established culture and leadership around open source communities solidifies the Raleigh-based Red Hatbrand, paving the way for rapid scale, as the company has captured over 90% of the Fortune 500 as clients and in 2019 became the first open source-defined company to reach $3 billion in annual revenue.

Inside IBM: Partnerships with India-based peers, Red Hat mean cloud opportunities

During a recent conference, Products and Technologies EVP Matt Hicks discussed how Red Hat is leveraging its foundational strengths in an open hybridcloudapproach, which, by virtue of being open, goes beyond technology and extends to processes, cultures and transformation, to further differentiate.

[Hybrid cloudis acloudcomputing environment that uses a mix of on-premises, privatecloudand third-party, publiccloudservices with orchestration between the two platforms, according to WhatIs.com]

Red Hat is releasing new offerings to capture opportunities around hybrid infrastructures, application development and management while rapidly scaling up the integration of technologies such as AI and edge, bolstered by collaborative engines like its Innovation Labs.

Originally scheduled to be hosted in San Francisco, Red Hat Summit 2020 went virtual and offered participants numerous opportunities to virtually engage in hands-on labs, converse with industry leads and hear from Red Hat customers, and it did so while maintaining the spirit of openness and collaboration for which Red Hat is known.

While the topic of COVID-19 did not overtly dominate the discussions or significantly color the overarching Red Hat messaging, it became clear that the ability to pivot rapidly, embrace change and remain flexible will underscore Red Hats efforts to successfully promote transformation amid the pandemic. Red Hats reputation has historically been predicated on its open and agile approach to development and deployment, long before such attributes were considered valuable, let alone essential.

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Inside Red Hat: Its open source heritage means big opportunity in cloud computing - WRAL Tech Wire

Data breaches that resulted from cloud misconfigurations cost businesses nearly $3.18 trillion in 2019, according to DivvyCloud heres what to know to protect your business

The Covid-19 pandemic is having huge effects on the economy, our social lives, and the ways in which we work. With many staff around the world now being required to work from home, the crisis has focused attention on cloud security and the resilience of its infrastructure to stand up to cloud security threats.

The cybersecurity vulnerabilities inherent to cloud storage are nothing new. Many companies were still in the process of improving their cloud security when the pandemic hit, but have now been forced to accelerate their plans.

This move includes a renewed push to encrypt cloud storage using AES and an increased consciousness of the risk of phishing attacks in cloud environments. Experts also reckon that improved cloud security can save businesses up to $1.4 million per cyber-attack.

In this article, well look at the top 5 cloud security threats and will show you how to mitigate the cloud vulnerabilities that are associated with them.

Lets hash it out.

The cloud is here to stay. Flexeras 2020 State of the Cloud Report (formerly the Rightscale State of the Cloud Report) shows that, for the first time since the first edition of its report was published, every survey respondent indicated that they had cloud strategy plans or already used cloud in one form or another. In fact, 93% of their respondents indicated that their organizations have multi-cloud strategies.

The widespread use of cloud by organizations of all sizes serves to further underscore the importance of mitigating cloud security threats by eliminating existing cloud vulnerabilities.

Here are the five most common cloud security threats and what your organization can do to mitigate them:

One of the primary threats to cloud storage systems is not a feature of these systems themselves, but rather a result of the way that companies use them. The growing number of cloud providers with large free service plans drives down costs and encourages even small companies to move all of their data to the cloud. In many cases, this is done without carefully thinking through access policies.

Access management includes two fundamental elements. One is a rigorous access policy, and the other is a set of authentication and identity verification tools.

Lets look at access policies first. There is a simple principle when it comes to designing access policies for cloud storage: If an employee doesnt need access to particular files or systems in order to do their job, then they shouldnt have it. You should conduct regular audits of the level of access your employees have to your cloud systems and remove any unnecessary privileges.

This is particularly true when employees leave your company. A number of high-profile recent data breaches have been caused by disgruntled employees who have found that they still have access to their corporate accounts even long after leaving the company. IT administrators, therefore, need to liaise closely with HR departments to ensure that theres a process for removing privileges for departing employees as soon as possible.

Alongside this policy, you should deploy the most secure authentication and identity verification tools that are feasible for your cloud environment. Many cloud vendors now offer multi-factor authentication (MFA) systems as part of their standard packages. In these systems, users must have access to a second device typically a smartphone in order to log in to your systems. This makes access to your cloud storage dramatically more secure.

If youre looking to improve your cloud security still further, you can implement a separation of duties (SoD) model. This model separates the tasks that can be performed within your cloud environment so that no one user is able to totally control it. This means that tasks that might be damaging to your company such as deleting certain files require more than one person to execute.

SoD models afford you with a greater level of security because they mean that even if an administrative account is hacked, the attacker will not gain a level of access to your cloud environment that will allow them to cause significant levels of damage.

Data breaches and leaks are more of a threat in cloud systems than in those managed in-house. This is simply due to the large amounts of data flowing between employees and cloud systems, which can be intercepted by hackers looking for weaknesses in your systems. This is what happened to Equifax in 2017 when the personal data of more than 148 million Americans was stolen and published by hackers.

In the Equifax breach, the attackers were able to take advantage of an expired digital certificate. This is what helped the breach to remain undetected for more than a month and a half a total of 76 days..

Dont Get Breached

91% of cyber attacks start with an email, which can leave your business open to devastating data breaches. Not securing your email is like leaving the front door open for hackers.

One of the best ways to mitigate this threat is to secure your data using in-transit and at-rest data security. This would include the use of encryption both for your email server and for the messages themselves.This would include the use of digital certificates such as SSL/TLS website certificates and S/MIME (secure/multipurpose internet mail extension) certificates.

You should also ensure that all of your staff can access your cloud securely from anywhere, while at the same time youre using a reputable virtual private network to encrypt data that is in transit between Wi-Fi access points and your companys network. What is considered reputable? You neednt invest in an enterprise VPN, which can cost hundreds of dollars per month per user. However, it is important to do your research to ensure that the VPN service youre investing in is genuinely secure.

This is particularly true if you are looking for cost-effective VPN services. As weve pointed out in our recent article on free VPNs, some of these services are not as secure as they claim to be. Some free or ostensibly free VPN services i.e., those that do not keep log files and are AES-encrypted are fine. Others will log all of your activity in order to sell on this information, or will use less secure encryption schemes. Both of these practices are a potential source of risk, and if youre investing in a security tool it really shouldnt expose you to more risk.

Data loss is another issue that plagues cloud systems. After moving your business processes to the cloud, the amount of data you store remotely can quickly grow to an unmanageable size, which makes backups both difficult and costly. Because of this, research has found that an average of 51% of organizations have publicly exposed at least one cloud storage service, and 84% of organizations have said that traditional security solutions dont work in cloud environments.

Not performing regular, thorough backups is a major threat because of the rise of ransomware attacks, in which a hacker will encrypt your cloud storage and demand payment for returning data to you.

If you wait until something goes wrong, its too late. Preventing this kind of attack means designing and implementing a rigorous and stable backup system now. Ideally, this should be a distributed system, in which data is backed up in multiple systems and locations, in order to avoid data loss from individual storage area network (SAN) systems crippling your business.

Application user interfaces (APIs) are the primary tools that enable interaction with cloud storage systems. Normally, APIs are used by (at least) two distinct sets of employees:

Unfortunately, many APIs still have security vulnerabilities, most often giving cloud storage providers undue levels of access to your data. It emerged a few months ago, for instance, that both Facebook and Google stored user passwords in plaintext, and that these could, therefore, be read by staff within those organizations.

Considering that the 2019 Online Security Survey by Google and Harris Poll shows that more than two-thirds of respondents reuse their passwords across multiple accounts, thats particularly worrisome.

Mitigating the threat presented by insecure APIs means choosing a cloud storage vendor carefully. A quality vendor will adhere to OWASP API security guidelines, and also be able to provide you with data on the number of attacks they have seen, and the number they have defeated.

DivvyCloud recently highlighted another common threat in cloud systems: misconfiguration, which can lead to data being left unsecured. Some companies dont change the default security settings on their cloud storage; others allow their data to be stored in large and confusing structures in which it is easy to leave particular files unprotected. A good example of the dangers of misconfigured cloud storage is the National Security Agencys (NSA) mishap, a mistake that made a number of top secret documents available to everyone via an external browser.

Such cloud vulnerabilities are exacerbated by the sheer number of systems that are now connected to cloud storage. Most companies will now use the cloud for all of their operational processes from certificate management and email outreach and marketing automation to small business phone and messaging systems. Managing data flowing to the cloud from multiple endpoints can be a challenge for even the most experienced admins.

For most companies, ensuring that your cloud storage is configured correctly will be a question of speaking to your cloud storage vendor, and seeking assurances (and potentially legal assurances) that these have been set up correctly. You should ensure that you have an understanding not only of your cloud storage system, but also of all the systems that you use alongside it that could compromise its security.

A quality cloud storage provider will take the time to assess how you use your cloud storage, and the other systems you use alongside it, and highlight any potential risks and cloud vulnerabilities that this gives rise to.

The present moment with the world battling a global pandemic might seem like a strange time to reassess your cloud security. But, in reality, this is a necessary step, and theres no better time than the present.

None of the cloud security threats above are new, but theyre more important than ever as employees are forced to work from home. As a result, encryption is essential to defend against as are regular audits of who has access to your cloud storage and choosing a high-quality cloud provider.

Ultimately, by using this opportunity to improve your cloud security, you will also be protecting your data, staff, and customers in the long term. This will set you and your organization up for a successful future.

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*** This is a Security Bloggers Network syndicated blog from Hashed Out by The SSL Store authored by Gary Stevens. Read the original post at: https://www.thesslstore.com/blog/cloud-security-5-serious-emerging-cloud-computing-threats-to-avoid/

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Cloud Security: 5 Serious Emerging Cloud Computing Threats to Avoid - Security Boulevard

At the end of the last decade, both entrepreneurs and providers of cloud services have become increasingly concentrated. Each party understands the needs of the other, but neither can determine exactly what that relationship will be like.

By 2020, the implications for the next decade of cloud computing have become clear. Understanding these models will be critical to the success of service and product providers in planning their business strategies. Business owners are now beginning to understand the performance benefits of cloud cost reduction and clustering.

Twitter and Netflix have proven that micro-services architecture can work well on a large scale, but there is still a lot of complexity behind the scenes. Communication between modular components can be problematic, resulting in a lack of visibility and the constant challenge of maintaining security and QoS.

Twitter and Netflix have proven that micro-services architecture can work well on a large scale, but there is still a lot of complexity behind the scenes. Communication between modular components can be problematic, resulting in a lack of visibility and the constant challenge of maintaining security and QoS.

To meet this challenge, IBM, Google, and Lyft have worked together to find a solution. The end result was Istio.

Istio is described as an open-source service grid that is designed to provide a common environment for connecting, protecting, monitoring, and scaling distributed micro-services. The main advantage of Istio is that it can work in hybrid and multi-cloud environments without changing the application code.

In terms of security, Istio creates a separate secure communication channel between the micro-service and the end-user (and between the micro-service itself). In terms of performance monitoring and troubleshooting, Istio provides an intuitive dashboard and system-wide overview of the entire distributed environment.

Since they are in a distributed environment, operators can see not only how individual micro-services work, but also how they interact with each other. This allows problem areas to be quickly located and corrected.

Developers and operators of microservice architectures can welcome Istio with open arms: By simplifying security and troubleshooting, and removing scaling obstacles, developers can create new applications at will. As a result, the micro-services business model will be more attractive than ever.

The developments described above are geared towards a hybrid and cloudy future. Almost every dream of the big public cloud providers of a public cloud-based as a service monopoly has gone up in smoke. The most important thing is security.

A recent survey conducted by Red Hat almost confirms this new reality, finding that only 4% of companies view cloud-native as an excellent growth path. In contrast, 31% of respondents prefer hybrid cloud implementations.

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Competition for hybrid cloud space Cloud computing is evolving to attract more companies - Optocrypto

Amdocs is also working towards upskilling their employees with some cloud education giving them opportunity to apply for open jobs. Amdocs is not only empowering their employees with Cloud technology but are also focusing on India with the aim of filling many open jobs at Amdocs. In an e-interaction with Gairika Mitra, Avi Kulshrestha, President Amdocs Global Services Divisiontells us why cloud computing is one of the most innovative solutions ever.

Why do you think switching to the cloud is of pivotal while working remotely?

Some employers have been reluctant to move towards remote working; however, others have been following the trend in offering flexible working hours to their employees as an incentive which can also be cost-effective. The global crisis, Covid-19 got the former set of employers to adapt to remote working. For contact centres, bringing the benefit of remote working and collaboration solutions to agents was something that the enterprises were worried about as most of their data is stored in desktops. Realising the importance of seamless connectivity efficient business continuity, Amdocs partnered withAmazon Cloud Connectto provide tools that will offer communication service providers(CSPs) to extend remote working capabilities to contact centre agents.

Traditional solutions require costly, hard to manage physical PC setups with VPN. Virtual desktop solutions can also be complicated, expensive and slow to deploy. Therefore,switching to the cloud is pivotal as thishelps in delivering application streaming on personal devices. Work productivity increases drastically as employees can access all inbuilt applications on desktops from anywhere. Also, Cloud is cost-effective, supports real-time disaster recovery options for work-from-home users, and remote agents without any loss of functionality. Therefore, enterprises can experience increase in productivity, meet client deadlines thereby responding to the changing needs of the global workforce.

Tell us about your voyage to inculcatecloud in the communication and media industry.

As service providers prepare their journey to the cloud, Amdocs is focusing on providing different cloud solutions to accelerate this journey. Realising the clouds benefit in the telecom industry, early this year, we announced System Integration (SI) capabilities that includes consulting, agile devOps, cloud migration and cloud capacity optimisation. These solutions aim to set best practices for service providers migrating to the cloud in the safe manner.

Strengthening our expertise in cloud, we partnered with Google Cloud and Amazon Web Services, two leading cloud giants of the sector to enhance clients experience and help them lead a digital transformation journey. CSPs will benefit from Amdocs-Google Cloud partnership as this will enable them to leverage data and analytics through deployment of hybrid and multi-cloud configurations. Moreover, this configuration will enable the partners to develop new enterprise-focused 5G edge computing solutions.

In the partnership with AWS, Amdocs will support CSPs contact centers with efficient tools that can ease the capability to work remotely. CSPs can now provide a work from home option for its contact center agents with our Contact Center-as-a-Service Business Continuity Solution on the AWS Cloud or private cloud.

Another venture, Vubiquitys (an Amdocs Company) Content Cloud provides instant access to content catalogues from major and indie studios. The service enables fast go-to-market distribution to either launch new OTT services or enhances an existing entertainment platform. Recently, Vubiquity has partnered with Airtel Africa to provide multi-country premium media content and curation via Content-as-a-Service Solution on Microsoft Azure.

What kind of challenges are prevalent while working on the cloud? How can we overcome those?

Cloud computing has turned out to be one of the most disruptive and exciting innovations in the IT world. The demand for cloud solutions is expected to show growth in the coming years as enterprises are heavily investing in cloud strategy. They are undergoing a digital transformation, allowing CSPs to capitalize on the cloud. In this situation, CSPs need to be equipped with advanced tools, expertise and cloud management solutions to have cloud infrastructure ready for business advancements.

Since, communication industry is still adapting to cloud, there are few challenges that we tend to face:

CXOs will need to wholeheartedly embrace digitalisation and develop skills using innovative new technologies andcloud platforms. They need to take out time to learn about them, and the impact they can have on business processes and service delivery. In order to leverage the cloud, the foremost thing of importance is that the cloud computing service providers should first understand which right tools they should have in place to make business cloud management easier.

How is your firm helping in tackling the pandemic?

With Amazon Cloud connect we have been able to help our customers call center agents to quickly respond to customer calls with little to no additional training. With high security and compliance standards, the solution provides immediate business agility and elasticity to scale to meet the demands of the business with the appropriate number of agents. With a global infrastructure, the solution is highly available and takes days to set up and minutes to deploy so there is minimal downtime.

Do you think the Indian audience is enough equipped and savvy with cloud technology?

India is on the road of soon becoming a digital economy. Triggered by low tariff cost and availability of affordable smartphones data usage per phone has increased exponentially vis--vis other countries. And with businesses working remotely due to COVID-19, there has been further upsurge in the data consumption. Piggybacking on this spike in Indias internet savvy population, companies are introducing their digital offerings to the consumers. Theres also a surge of user-generated content leading to increased data storage requirements for many of these companies. The future of Indias internet network is changing; there will be almost 750-800 million users connected to internet in India by 2023.

Enterprises are rapidly adopting a cloud-first strategy to manage this sudden explosion of data. With companies moving their workloads into cloud, Gartner predicts that the Indian cloud market will reach $4.1 billion by 2020. Indias government and PSUs have also embarked on their digital transformation journeys. With the governments push towards data localisation, global companies operating in India are now required to store their data within national borders.

All of this is leading to a huge demand for processing and computing power, storage space and analytics solutions to satisfy the data consumption needs of the modern user. The market will see increased interest in the coming years to satiate the growing consumer appetite for digital content, personalised digital services and increased reliance on cutting edge technology for business efficiency.

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'Cloud Computing Is One Of The Most Disruptive And Exciting Innovations'. - Express Computer

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This study covers following key players:AmazonSalesforce.comVMwareSavvisRackspaceIBMDellCiscoDell EMCOracleNetSuiteMicrosoft

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Market segment by Type, the product can be split into Software-as-a-ServicePlatform-as-a-ServiceInfrastructure-as-a-Service

Market segment by Application, split into Private CloudsPublic CloudsHybrid Clouds

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Some Major TOC Points:1 Report Overview2 Global Growth Trends3 Market Share by Key Players4 Breakdown Data by Type and ApplicationContinued

It presents the in depth analysis about the various segments including local segments. The global Cloud Computing Service market report covers all the key geographical regions which have good market. The major regions which hold the good market of the Cloud Computing Service industry are covered in this report. Reports provides strategic study for the consumers for giving the insight of the market. In addition, report helps clients to understand the new technological innovations and ideas that are likely to increase the growth of the global Cloud Computing Service market. Therefore the research report is valuable for the participants of the market industry.

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Global Cloud Computing Service Market Expected to Reach Highest CAGR by 2025 Top Players: Amazon, Salesforce.com, VMware, Savvis, Rackspace, IBM -...

By now, even the slowest-moving companies have embraced cloud computing and are looking to hire engineers who can help them build and maintain cloud infrastructures. For that reason, IT professionals who have cloud skills are in high demand. Then why is it so hard to get jobs in cloud computing?

Indeed, landing jobs in cloud computing can be harder than it may seem, even as work and life in general have moved to a remote model. Thats due in part to the loosely defined nature of cloud jobs, and partly because working with the cloud requires a complex mix of skills that you cant typically obtain by getting just one degree or mastering one type of technology.

With this reality in mind, lets take a look at what it takes to get jobs in cloud computing today, whether youre fresh out of college or have decades of experience in the IT industry.

Again, theres no shortage of jobs in cloud computing. As of 2018, Forbes reported that there were more than 50,000 jobs in cloud computing in the United States, and more than 100,000 worldwide.

Nonetheless, IT pros may find it difficult to tailor their resumes and skill sets in a way that makes them an optimal fit for a cloud computing job.

This is true for a couple of reasons.

For one thing, jobs in cloud computing are not always as clearly defined as other types of IT positions. If youre applying for a job as a developer, for example, you know your core duty will be to write and maintain code. (And many job ads even specify which frameworks or languages you would be expected to use). If you want to work as a test engineer, you know that testing software is your main job responsibility.

But if you look at descriptions for jobs with titles like cloud architect or cloud engineer, youll notice that the duties laid out tend to be rather vague. They often boil down to something like, You will help our company use the cloud. They dont mention specific cloud services or vendors, and they offer little insight into what would actually be expected of you on a day-to-day basis.

This vagueness can make it hard to market yourself for jobs in cloud computing because you dont know which skills to emphasize. Should you emphasize in your application that you have experience deploying serverless functions, even though the job may or may not actually involve that particular type of cloud service? Should you tout your AWS skills and take the risk that the employer uses a different cloud platform?

Another reason why getting jobs in cloud computing is tough is that working with the cloud requires a broad mix of skills. A good cloud architect or cloud engineer has serious programming skills as well as extensive IT Ops experience. He or she understands all of the dozens of cloud services that the public clouds offer, as well as the complex architectural considerations related to concepts like availability zones, cloud regions and multi-cloud architectures.

The fact is that many traditional IT educational programs dont train students in this broad selection of skills. A CS degree teaches you primarily how to program. A degree in IT administration or a related field teaches you only IT Ops. And even if you have already been working in industry for a while, chances are that you followed one of these tracks or the other, and may not have the broad skill set that cloud jobs demand.

Fortunately, this challenge can be overcome, no matter which stage you are currently at in your career. Following are some practical steps for getting a job working with the cloud.

If youre looking to bolster your cloud-computing chops, strive to gain experience working with technologies and services that do not depend on a particular vendor.

For example, teach yourself how to use Kubernetes, which runs on any cloud (and on-premises, for that matter), rather than investing time learning the proprietary container tooling of a specific cloud vendor. As another example, invest time in learning cloud-agnostic configuration management tools like Terraform or Ansible rather than those tied to specific platforms (like AWS CloudFormation).

Gaining vendor-agnostic skills will help you market yourself for cloud computing jobs that deal with any type of infrastructure, rather than boxing yourself into a particular vendors ecosystem.

At its core, DevOps is all about bridging the gap between developers and IT Ops engineers. In that sense, DevOps is a great way to build the cross-cutting skills required to thrive in a cloud computing job that requires both programming and IT administration expertise.

For that reason, if you havent already, take some time to learn what DevOps means, and perhaps complete a DevOps training course or two. Even if you already know much of the material, familiarizing yourself with the way DevOps frames IT work is a good way to help yourself learn to think about what it means to manage the cloud.

Along similar lines, another way to help teach yourself how to integrate programming and IT Ops skills in a way that drives success in cloud computing is to embrace the concept known as configuration as code. Configuration as code refers to the practice of using code (usually in the form of files formatted using JSON, YAML or a similar framework) to manage the way applications are deployed or environments are configured. Configuration as code can be used to set up everything from an operating system to deployment, to a Kubernetes cluster, to secrets management.

By learning the configuration as code model (and the tools that go along with it), you gain the ability to apply coding skills to solve IT management tasks--a critical area of expertise for a modern cloud computing job.

There are a dozen or so major public cloud platforms out there, and many dozens of services hosted spread among them. In that sense, the cloud may seem a difficult area to master.

But the good news is that all of the clouds work in the same fundamental way. Virtual machine instances on AWS EC2 are very comparable to Azure Virtual Machines. The way that AWS S3 handles storage tiers is almost identical (apart from pricing details) as the way storage works on Azure Blog Storage. Serverless functions are basically the same on any cloud (with the exception of the languages they support, which tend to vary from one cloud to another).

This is why teaching yourself the key concepts associated with cloud architectures and services will position you to work effectively in cloud computing. Learning individual tools may also be worthwhile in some cases, but dont worry about that until after youve mastered the core concepts. Most employers will care more about your ability to discuss, for example, the security implications of a multi-cloud architecture than how much experience you have working with AWS CloudWatch, a vendor-specific tool that would only be relevant if the employer uses AWS.

Finally, if youre interested in jobs in the cloud, think broadly and flexibly. Dont assume that employers looking to hire cloud talent care only about your ability to spin up virtual machines or manage cloud-based data storage. That may be the case for some jobs, but other employers will be interested in your ability to work with more obscure types of cloud services.

Keep in mind, too, that the cloud is constantly evolving--especially as companies and individuals shift their work and life habits in the current climate. If you position yourself as someone who has competency in just a handful of cloud technologies, you limit your ability to be competitive for jobs in cloud computing. Think of it as your mission to convince employers that you are prepared to work with any type of cloud service on any cloud, even a brand-new type of service that is just on the verge of being rolled out.

Developing the types of expertise described above takes time, and, depending on your experience and current skills, you may not be ready to jump into the cloud computing job market today. But optimizing an IT background for jobs in cloud computing is not terribly difficult if you are willing to spend a few months gaining the skills you need, and if you focus on developing and marketing yourself in a way that will make you broadly competitive for any type of cloud job.

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5 Things to Consider When Searching for Jobs in Cloud Computing - ITPro Today

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Some of the major players operating in the global healthcare cloud computing market are athenahealth, Inc., 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 others.

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Table of Contents-Snapshot Executive SummaryChapter 1 Industry OverviewChapter 2 Industry Competition by ManufacturersChapter 3 Industry Production Market Share by RegionsChapter 4 Industry Consumption by RegionsChapter 5 Industry Production, Revenue, Price Trend by TypeChapter 6 Industry Analysis by ApplicationsChapter 7 Company Profiles and Key Figures in Industry BusinessChapter 8 Industry Manufacturing Cost AnalysisChapter 9 Marketing Channel, Distributors and CustomersChapter 10 Market DynamicsChapter 11 Industry ForecastChapter 12 Research Findings and ConclusionChapter 13 Methodology and Data Source

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Market Definition:Global Healthcare Cloud Computing Market

This market report defines the market trends and forecast the upcoming opportunities and threats of the healthcare cloud computing market in the next 8 years. Cloud computing is used for the delivery of hosted services over the internet. The healthcare industry market has changed significantly with the growing impact of consumerism, digitalization, preventative healthcare and regulations. A shift in cloud computing which is playing a prominent role in healthcare IT is expected to accelerate the global healthcare industry in the future. Cloud and big data services can be used to track various diseases map them geospatially and inform the population where risk exists. Few tools that exist in the healthcare marketplace today include Centers for Disease Control and Prevention (CDC), IBM Explorys, McKesson, eClinicalWorks, Cerner, IBM Phytel Population Health Management among others. Cloud computing in healthcare is used for population health management, care management support, image handling services, diagnostic support, medical practitioner assistance, patient connectivity, data distribution services laboratory services, clinical research and many more. Numerous standards are applied to different aspects of healthcare solutions which are required for customers to understand the available standards and to understand whether cloud services are attached to relevant standards for the capabilities provided. For instance, in the U.S., every healthcare entity such as hospital, university research facility, physicians office, that deals with (Protected Health Information) PHI must adhere to the guidelines stipulated by Health Insurance Portability and Accountability Act (HIPAA).

Market Segmentation:Global Healthcare Cloud Computing Market

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HEALTHCARE CLOUD COMPUTING MARKET 2020 COMPETITIVE INSIGHTS, TRENDS AND DEMAND GROWTH TO 2027 3w Market News Reports - 3rd Watch News

Tencent to Invest $70 Billion in New Infrastructure Supporting AI and Cloud Computing

Chinese tech giant Tencent plans to invest 500 billion yuan ($70 billion) in digital infrastructure over the next five years in response to a government call to energize the worlds second-largest economy with investment in new infrastructure.

New infrastructure is broadly defined as infrastructure that supports technology and science based projects.

The massive investment by Tencent will focus on areas ranging from cloud computing, artificial intelligence (AI), blockchain and Internet of Things (IoT) to 5G networks, quantum computing and supercomputer centers, according to a company statement published Tuesday.

Tencent did not provide further details about the investment plan, but underscored the progress it has made in boosting its cloud computing capabilities. The company has built a network of data centers housing more than 1 million servers, the statement said.

In the fourth quarter of 2019, Tencent controlled 18% of Chinas cloud infrastructure service market, far behind market leader Alibaba, which grabbed 46.4%. Alibaba has announced plans to spend $28 billion on its cloud infrastructure over the next three years in a bid to help businesses embrace digitalization.

Tencent will also deepen partnerships with scientific research experts, laboratories and top universities to cultivate talents, tackle scientific problems and formulate industry standards, the statement added.

Tencents announcement comes days after Chinese premier Li Keqiang highlighted the role of new infrastructure in Chinas push to accelerate the tech-driven structural upgrade of its economy in his government work report delivered to the National Peoples Congress (NPC), the countrys top legislature.

Last month, Chinas National Development and Reform Commission (NDRC), the countrys top economic planner, divided new infrastructure into three areas: information-based infrastructure such as 5G and IoT; converged infrastructure supported by the application of the internet, big data and AI; and innovative infrastructure that supports scientific research, technology development and product development.

Contact reporter Ding Yi (yiding@caixin.com)

Related: Alibaba Now Controls Nearly Half of Chinas Cloud Service Market, Research Says

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Tencent to Invest $70 Billion in 'New Infrastructure' Supporting AI and Cloud Computing - Caixin Global

Cloud computing is a great understatement for centralism of computer services, working under one server.

This phrase by Evgeny Morozov is not only the truth of today but the stark reality of tomorrow. Theres no limitation to the endeavour of cloud technology especially when we count SMBs. From the industry considering cloud as the leverage for the cost of being the major inculcation in the organisations, cloud computing has come a long way.

If we only talk about statistics, the average cloud budget was $2.2 billion in 2018. However, it has taken a steep rise in the past few years. In the year 2020, the global cloud adoption market is set to exceed a total of $330 billion.

The adoption of cloud in the enterprise systems has been lifting the infrastructure as well as the overall productivity. Not only this, but the cloud is expected to bring vast improvements in the market with much eminent technology like AI, Automation, and IoT.

In the coming years, industry experts are expecting a much wider use of the cloud. Even the global cloud market is expected to reach higher digits.

According to CloudTech, public cloud spending is expected to grow from $229 billion in 2019 to $500 billion by 2023, with an expected compound annual growth rate (CAGR) of 22.3 per cent.

For the coming year, here are five paramount cloud computing trends to remodel the then-existing enterprise functionalities.

Cloud serverless is a technique for implementing functions in the cloud on a required basis. The enterprises rely on serverless computing as it provides the space for working on the core product without the stress of operating or managing the servers.

Satya Nadella, chief executive officer at Microsoft, favours the use of cloud serverless. As per him, serverless computing can not only be responsive and focused on back-end computing but can also be the imminent future of distributed computing.

Such a serverless platform has the potential to change the game of enterprise preferences and conception of cloud adoption with endless advantages. If this is not convincing, Gartner also stated the rise of serverless computing, marking the increase by approx. 20 per cent of global enterprises.

According to Gartner, the worldwide public cloud services market is about to grow by almost 17 per cent, computing to produce a gross amount of $266.4 billion by 2020. This is a staggering number compared to the $227.8 billion, calculated in the previous year.

Where the actual amount of enterprises using hybrid cloud was 58 per cent in 2019 and 52 per cent in the year 2018, the present year witnesses huge increment. When everybody was discussing this new technological existence, MarketsandMarkets also discussed the increased demand for hybrid cloud computing. They highlighted its feature, focusing on its multiple advantages, i.e., from efficiency to security.

In case you are oblivious of the benefits of a hybrid cloud, here is a brief.

Speed- It optimises the network to reduce the latency and speeds up the data so that it can reach where it needs to be.

Control- The companies can customise the end of their hybrid cloud model, optimise it and adjust it according to their needs rather than trusting a third-party cloud provider.

Security- Using hybrid cl0ud, you get both its benefits i.e., the security of the private cloud and services of the public cloud. While the data once held in a private cloud is transferred to the public cloud for analytics and other processes, extensive encryption techniques can be added to ensure better security.

Most of the enterprises are inculcating hybrid cloud in the IT infrastructure. The main reason to do so is its provision regarding the control and security of private networks as well as the expansiveness and versatility of the public cloud.

As per the study shared by Digital Marketing Resource Centre, millennials are expected to cover 75 per cent of the workspaces by 2025. This data speaks for the trend of digital natives in the world.

With the changing world and evolving technology, adoption of tech is visible in almost all the workspaces. The rise in the count is also due to the employees increasing needs. These digital natives demand more knowledge of cloud computing and every other tech advancement that comes in handy.

Tech bugs, Tech-savvy or call them anything; the generation needs to stick to every offer that technology serves. From finding easy ways to complete assignments in school to handling complex projects in the office, Digi natives are the majority in society.

If people consider their workplaces, they have two categories of employees. The first category prefers to stay away from tech, and the other category is prone to inhaling more applied science than air.

The need, for now, is the conversion of the previous to later. Cloud computing and other related technologies will integrate both the sections which will grant nothing but productivity to the enterprises.

For years, containers have been the sport's standard for application development in the public cloud. The Build It Today And Use It Always formula is the major reason for its preference in most of the organisations.

For now, the rise of Kubernetes has extensively increased the use of containers to private cloud as well. The IDC predicts that along with Kubernetes, 95 per cent of more new-micro services will be deployed in the containers by 2021.

The Gartner prediction states more than two centralised applications to be used by most of the organisations by the year 2023. Such achievements can only be possible only if they improve work efficiency, save money and speed application development. Also, the orchestration tool in the containers automates management, deployment, scaling, and networking.

AI in data centres will see a peak rise in the coming years. The IDC forecasts that by the year 2021, AI spending will grow to $52.2 billion with a total CAGR increase of 46.2 per cent from 2016-2021.

AI can solve a huge section of enterprise systems, right from hardware failure to saving energy and detecting failures in the systems.

Gartner says, in the present year, 75 per cent of the organisations are facing disruptions due to infrastructure. This could be solved to an extent with proper implementation of AI in the data centres.

The use of AI in data centres will serve multiple purposes like automating various manual tasks and also solving skill shortage issues. Along with this, the AI resources can help the enterprises to learn from their past data and have productive conclusions.

With the implementation of AI techniques, there will be more sophisticated solutions to data security without the need for human intervention.

As we move further each day and new technologies fill-up the traditional voids, the next ten years will be much different than today. The digital natives will rule the workplaces and with better options available. The enterprises will be working effortlessly.

With more enterprise resource planning and tech-based software, the organisations will be developing a better space for them and everybody who believes in the power of technology.

Elena Smith, consultant, Sagenext

Read more:

Cloud computing mode: What will be the trends for 2021 - ITProPortal