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Monthly Archives: June 2020
Genting Ceases All Live Poker Activity in the United Kingdom – PokerNews.com
Posted: June 17, 2020 at 1:19 am
June 16, 2020Matthew Pitt
The COVID-19 pandemic has claimed a major victim in the British poker world as Genting is ceasing all live poker activity in the United Kingdom.
PokerNews was aware of rumours circulating regarding Genting not reopening its live poker operations before an employee reached out to us. The Genting employee, who wishes to remain anonymous, informed PokerNews they work in the Birmingham cardroom and have been told Genting will cease all live poker in their casinos.
Our source claims the Genting Resorts World Casino in Birmingham is losing 98 employees with between 20 and 50 jobs lost at every Genting casino around the United Kingdom.
A Cardroom Manager at one of Genting's casinos, posted an update on his Facebook page.
Please note: It was not this manager who told PokerNews of the upcoming redundancies
7,000 staff furloughed by Grosvenor Casinos
Well, its been emotional. Thank you to all our poker players, hope you have a great experience. Thoughts to all my colleagues (family) that didnt deserve this (although in current climate it was kind of expected) you are all superstars and proud to have had you in our team. Onwards and Upwards. PS anyone hiring?
PokerNews reached out to several Genting sources, including the President and Chief Operating Officer of their UK operations, but none had replied at the time of writing.
The cessation of live poker operations comes less than a week after Genting announced it is considering the closing of three of its UK casino.
GMB, the union for leisure and hospitality workers, revealed Genting casinos in Bristol, Margate, and Torquay are set to permanently close, resulting in significant job losses. GMB also warned of possible job losses across the companys remaining 29 sites.
Paul Willcock, the President and COO of Genting UK, sent a statement to his employees, which read in part, The COVID-19 coronavirus pandemic has caused unprecedented challenges. It has had a huge financial impact on our business and caused significant uncertainty for the foreseeable future. I am therefore forced to contemplate some very difficult options to ensure survival.
British casinos ready to reopen on July 4
It looks certain the long-running Genting Poker Series (GPS) has ran its last event. Launched in 2012, the GPS proved extremely popular in its infancy thanks to its solid blind structures, affordable 440 buy-in and substantial guarantees.
Genting inexplicably closed its online poker arm, which ran on the iPoker Network, a couple of years ago, which had a profound effect on the number of entrants because players could no longer qualify online or play Day 1 online.
Lower attendances and a restructuring of the GPS results in smaller buy-in stops being scheduled. The last GPS event was an 80 buy-in held at Genting Club Stoke on Trent that attracted 397 entrants and awarded 26,966.
Its only a year since Genting spent 750,000 refurbishing its casino in Luton. Part of that refurbishment was the creation of a more intimate poker room which will now likely be converted to more gaming floor space.
Eighteen months ago, Genting Casino Westcliff underwent a multi-million pound makeover.
Five years ago, Genting Resorts World Birmingham opened its doors to the public. It cost 150 million and is part of an entertainment and shopping complex at the site of the Genting Arena, formely the NEC. It features 50 shopping outlets, cinema, hotel, and a vast casino.
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New poker rules in the light of the COVID-19 pandemic – Tampa Bay Times
Posted: at 1:19 am
Times Correspondent
Gary Joerres, a retired restaurant owner, missed the Derby Lane Poker Room during the shutdown caused by the coronavirus. The St. Petersburg resident is a regular at the Texas hold em tables at the Poker Room, which opened with a limited capacity May 20. Joerres, 69, plays about five days a week and has for 15 years or more. His tip for not going broke, he says, is to limit the amount youre willing to lose. Joerres said he likes Derby Lanes measures against the virus, including checking the temperature of everyone, requiring masks and restricting the number of players at tables.
So youre happy to see the place again.
Exactly We didnt think it would be two months. We thought maybe it would be 10 days or two weeks. We knew it was serious, but we never knew it was this serious.
Did you get up any games with friends at home during the shutdown?
Nobody really wanted to get out and about and get together like that. Its something youve got to be very serious about. Theres still a lot of people dying; we definitely dont want to be one of them. We can always play cards. We dont want to rush into it.
Is this a hobby, or is this the way you make a living?
Oh, no, Im not a professional. I just like to have fun.
Whats the best hand youve ever had?
A royal flush (the highest hand) How many times? In spades, twice, but Ive had other royal flushes. I had clubs, hearts matter-of-fact Ive had all four of them already ... I just had a straight flush a little while ago, a nine, 10, jack, queen and king of clubs.
What is largest pot youve ever had?
The largest one? It was that spade royal thing about three grand.
How long do you stay?
If Im having a good time, Ill play four, five, six hours. If Im not having a good time, Ill get up and leave in an hour and a half Just not my day. Why stay and give money away?
(Interviewed another day.) I stayed almost seven hours today didnt have to reach into my pocket once. I was quite happy
How much did you win?
Almost a thousand.
Your system is to fold hands that you dont have confidence in.
You could play every hand, but you could, like, just give money away. A bad hand you dont play. But people do. Believe me, I saw them today.
When you hit something like a $1,000 day, do you go celebrate at Berns Steak House?
I go out for a steak, but maybe not to Berns. Thats (near) downtown Tampa. I live the opposite way.
Does wearing a mask help with the poker face?
Id have to say definitely. The poker face would definitely (be helped) with the mask. Some people walk in with that, and Ive been playing with them for years, and I go, Is that you? It really covers everything up but the eyes.
Can you tell by looking at fellow players expressions whether they have a good or bad hand?
Sometimes you cant; sometimes you can. Some people have a little give-away. Youve just got to watch them a little bit. And some people are really good at it and dont give anything away.
How are you at it?
I try to be steady. Like I mentioned earlier that big royal flush, you dont get up and get excited. You just try to keep that way all the time.
What is your usual game pot?
It could be 20 bucks sometimes. Sometimes it could be 200 bucks (if) you get some aggressive players at the table.
How much does it cost to get in the game?
The $1-$2 (ante) game $60.
You say you feel comfortable playing now because of Derby Lanes precautions?
Very much. Thats what I like. Also, they have cashiers that run around and take care of dealers with change and get people stuff. And when theyre not busy, theyve got a towel and a spray bottle in their hands, wiping things down. Someone gets up from a chair, they wipe down the chair and the table in front of them before the next player sits down. I like that a lot.
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Most Poker Rooms Remain Closed As Gambling Markets And Casinos Reopen In The United States – CardPlayer.com
Posted: at 1:19 am
The reopening of various U.S. casino markets has continued over the last several weeks after months of forced closures in response to the COVID-19 pandemic. But even in areas where casinos have reopened, many poker players that are ready to return to the felt are finding it hard to get in a game.
According to the American Gaming Association, 621 of the nations 989 commercial and tribal casinos are now operating again in at least some gambling capacity.
Florida is by far the state with the most plentiful game selection at the moment. With the Seminole tribe opening two of its South Florida locations in Hollywood and Coconut Creek Friday morning, nearly every poker room in the state is operational.
The Seminole Hard Rock Tampa location was one of the first to open in late-May and other major poker rooms like bestbet Jacksonville followed suit. Many are still adhering to short-handed play, but some rooms have already begun to transition to traditional nine-handed full ring games.
But as you look up the eastern seaboard, the pickings are slim for grinders.
In Maryland and New Jersey, casinos are still closed. Maryland casinos are set to reopen June 19, but there is no word yet on whether poker will be offered. New Jersey Gov. Phil Murphy has yet to announce a timeline for the reopening of the Atlantic City casinos, but was hoping for a July 4 return.
In Pennsylvania, a handful of casinos in Pittsburgh are open, but neither Rivers Casino nor Meadows Racetrack and Casino have reopened their card rooms yet. Both will remain closed until further notice.
Upstate New York casinos have begun to reopen but Turning Stone Casinos poker room is the only spot for poker in the Empire State. Most of the New England gaming market is still completely closed.
Massachusetts has yet to open its three casinos, but it seems unlikely that the two poker rooms in the state will open for business when gambling is back. MGM Resorts owns MGM Springfield and Wynn Resorts is in charge of Encore Boston Harbor. Neither company opened any of its poker rooms in Las Vegas when Sin City reopened last week.
Connecticuts two tribal casinos, Foxwoods and Mohegan Sun, are both open, but without poker. All of Maines casinos are still closed as well. The lone New England poker room with a scheduled opening is Chasers Poker Room in New Hampshire, which will open on June 15.
The trend is similar across the Midwest. Ohio, Indiana, Illinois, and Michigan are all poker-less. Ohio casinos are eligible to reopen June 19, Indiana on June 15, while Michigan and Illinois have yet to put forth a timeline for its commercial casinos.
Michigan Gov. Gretchen Whitmer announced that when the states Detroit casinos reopen, poker rooms will remain closed until further notice. Poker rooms in Wisconsin and Minnesota are also closed.
As players move further west, poker options become more plentiful. Nearly every poker room in Texas is back in business with certain guidelines in place to prevent the spread of germs at the table, while Choctaw Casino is running games in its poker room just north of the Lone Star State in Oklahoma.
One of Arizonas largest casinos, Talking Stick Resort, opened its doors on June 1 and is running several games in its poker room.
Nevada reopened its gaming market last week, but there are only a handful of rooms to choose from. South Point, Venetian, The Orleans and the Golden Nugget are Sin Citys only options, while the Peppermill is the only spot to play poker in Reno.
Outside of Florida and Texas, California likely has the most options. Jamul Casino, a tribal casino in the San Diego area has been spreading poker games since late-May and has been joined by other properties throughout the state. Thunder Valley Casino near Sacramento and Towers Casino in Northern California are both showing active poker games on the Bravo poker app.
Stones Gambling Hall in Sacramento and Seven Mile Casino in San Diego are both scheduled to open Friday morning. The major Los Angeles-area cardrooms have yet to be given a timeline for a reopening.
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How Can Cloud Computing Improve the Resilience of Your Business? – Software Testing News
Posted: at 1:18 am
When things are going well in your business, it can be difficult to want to think about the things that go wrong. Some may just want to enjoy the good times while more superstitious people may want to avoid tempting fate.
While it may just sound like busywork, in reality not repairing for potential issues could result in dire consequences. These can be fatal mistakes that could eventually ruin your business, or at least cause some significant disruption. For example, a company losing access to a system like its master production schedule could result in huge delays to orders.
Good business leaders continually assess the risks to their operations, considering every possible eventuality. Risks to most businesses include:
Thankfully, cloud computing can limit the impact of many of these issues, or even prevent them from happening in the first place, heres how.
Quickly Change Devices
When youre working in the cloud, you can quickly switch to a different device and keep access to all of your files and collaborative tools. This means that a broken computer, fire, theft, or cyber-attack wont prevent you from working. You just need to log in to your accounts from another device and pick up where you left off.
According to Layr, 60% of businesses that suffer a cyber-attack or data breach cease trading within six months. The cost, in money, time, and stress, of dealing with such events is immense.
Contemporary cyber-attacks often use encryption to block your access to your files until you pay a ransom. Storing your data in the cloud prevents this from happening, you can simply wipe the computer and start again.
Work From Anywhere
If a fire or flood damages your offices, your staff can work from anywhere. Since your systems and data are stored in the cloud, they are sheltered from the fire or water damage and can be accessed as normal with staff working from home or from a temporary office.
This also means staff can work on the go. Having a meeting in another city, a dentist appointment, or a car in the garage no longer mean staff needs to be out of action, they can work from their smartphone, tablet, or laptop from wherever they are.
Continuous Backups
Making regular backups of your data has been an important part of ensuring business resilience for decades. Without them, a failed hard drive or corrupt disc would be enough to send your business back to the stone age.
With cloud storage systems, data is continually backed up to remote locations, so youre even less likely to lose data when hardware fails.
Since the backups are taken care of automatically, it also means that youre not relying on IT staff remembering to manually launch the backup process, eliminating human error.
With cloud-based computer systems, your business can continue operating no matter what happens.
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Amazon Adding a Cloud Computing Office in Microsofts Hometown – ETF Trends
Posted: at 1:18 am
Cloud computing was a major beneficiary of the coronavirus pandemic as more businesses relied on web-based services amid social distancing and lockdown restrictions. Now, Amazon is taking its cloud services to another levelnamely another state where one of its rivals is based.
Amazon will be signing a lease agreement for a 111,000-square-foot office in Redmond, Washington where Microsoft resides.
The office space is located in Redmond Town Center, a mixed-use shopping complex that includes a number of big box stores and hotels, as well as Microsoft offices, a CNBC report noted. The facility will house more than 600 employees, including some of Amazon Web Services tech and engineering teams. Amazon said the office space is slated to open in 2021.
The impact of cloud computing can be felt as more companies are utilizing the technology at a rapid pace to power their core businesses. One way exchange-traded fund (ETF) investors can take advantage of trend is via theGlobal X Cloud Computing ETF (Nasdaq: CLOU).
Seeking to track the Indxx Global Cloud Computing Index, the fund holds a basket of companies that potentially stand to benefit from the continuing proliferation of cloud computing technology and services. 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 distribution infrastructure and/or hardware components used in cloud and edge computing activities.
Additionally, here are three ETFs to consider with Amazon exposure:
For more market trends, visitETF Trends.
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Cloud Computing Market 2019-2023 | Increase in Cloud Orchestration to Boost Growth | Technavio – Business Wire
Posted: at 1:18 am
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cloud computing market and it is poised to grow by USD 190.32 billion during 2019-2023. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is moderately concentrated, and the degree of concentration will accelerate during the forecast period. Adobe Inc., Alibaba Cloud, Amazon Web Services Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increase in cloud orchestration has been instrumental in driving the growth of the market.
Cloud Computing Market 2019-2023: Segmentation
Cloud Computing Market is segmented as below:
To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR32028
Cloud Computing Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our cloud computing market report covers the following areas:
This study identifies the rise in edge computing and the shift toward serverless computing as one of the prime reasons driving the cloud computing market growth during the next few years.
Cloud Computing Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the cloud computing market, including some of the vendors such as Adobe Inc., Alibaba Cloud, Amazon Web Services Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE. Backed with competitive intelligence and benchmarking, our research reports on the cloud computing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Cloud Computing Market 2019-2023: Key Highlights
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY SERVICE
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Global Cloud Computing Service Market Expected to reach highest CAGR by 2025: Amazon, Salesforce.com, VMware, Savvis, Rackspace – 3rd Watch News
Posted: at 1:18 am
A study on the Global Cloud Computing Service market is also beneficial and used for the estimation of the several aspects of the market which are likely to have an impact on the growth and the forecast of the market in the estimated forecast period.The report also covers the detailed analysis of the vendors and the technologies which are being used by the manufacturers for the growth of the market in the estimated forecast period. It also covers and measures the patterns of the consumers, which is likely to have an impact on the growth of the market for the estimated forecast period. It also determines and estimates the views and opinions which are expressed by the consumers.
This study covers following key players:AmazonSalesforce.comVMwareSavvisRackspaceIBMDellCiscoDell EMCOracleNetSuiteMicrosoft
Request a sample of this report @ https://www.orbismarketreports.com/sample-request/84243?utm_source=Pooja
These are also used for the estimation of the strategies of the new entrants in the market. The strengths and the political factors, which are likely to affect the market is also covered in detail for the estimation of the market in the estimated forecast. The study is based on the estimation of the trends, which are based on the present, future and the strategies which are used in the past. These are used for the prediction and analysis of the market for the estimated forecast period.
The study also provides detailed analysis of the market, which consists of the growth of the regions, which is one of the major aspects which is likely to have an impact on the market. Market research is one of the methods for the determination and estimation of the growth of the global Cloud Computing Service market in the estimated forecast period. A detailed study on the global Cloud Computing Service market is used for the understanding the strategies, which is used by the manufacturers for increased in changes for the growth of the market in the estimated forecast period.
Access Complete Report @ https://www.orbismarketreports.com/global-cloud-computing-service-market-growth-analysis-by-trends-and-forecast-2019-2025?utm_source=Pooja
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
Moreover, increased demand for the growth of the products in the specific market is also one of the major attributes which are likely to have an impact on the growth of the market in the estimated forecast period. One of the other strategy which is widely used in the market research study is the SWOT analysis.
Some Major TOC Points:1 Report Overview2 Global Growth Trends3 Market Share by Key Players4 Breakdown Data by Type and ApplicationContinued
It also provides detailed analysis of the consumer patterns which are being used and the estimation of the end users in the forecast period for the global Cloud Computing Service market. The global Cloud Computing Service market provides a brief summary for the estimates and the analysis of the detailed segments for the market.
For Enquiry before buying report @ https://www.orbismarketreports.com/enquiry-before-buying/84243?utm_source=Pooja
About Us : With unfailing market gauging skills, has been excelling in curating tailored business intelligence data across industry verticals. Constantly thriving to expand our skill development, our strength lies in dedicated intellectuals with dynamic problem solving intent, ever willing to mold boundaries to scale heights in market interpretation.
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The biggest theme of the digital revolution – Jeremy Gibson – Livewire Markets
Posted: at 1:18 am
The cloud computing ecosystem includes Infrastructure-as-a-Service (IaaS) and Software-as-a-service (SaaS).
IaaS is a form of cloud computing that provides virtual computing resources over the internet. The key advantages of using IaaS are lower cost, flexibility and scalability. In simple terms, they are akin to the railroads of the industrial revolution, but in this instance, providing the infrastructure, speed and compute power without geographical constraints and much, much faster than any railroad can be built.
Software-as-a-service (SaaS) is the application layer of cloud computing. Where the software is hosted in the cloud, the end user can access the application anywhere, anytime over the internet. These are the locomotives; using the modern-day railroads to deliver their product (software) to consumers and business alike.
We explain in this exclusive wire why cloud computing is the biggest theme of the Digital Revolution, why its growth is accelerating, and three stocks we like in the theme.
Worldwide IT spending is a $2.1 trillion per annum industry - split by software, devices, IT services, and data centres. We are seeing a structural change developing with three of the big IT spends of software, IT services and data increasingly being stored in the cloud. A clear example of this in practice is a Microsoft 365 subscription.
However, cloud computing expenditure as a percentage of total IT expenditure is still in its infancy at about 5%-6%, so there is a very long runway of growth ahead on their respective S-curves.
The reason they are growing strong is that most consumers find it a far more simple, secure and cheaper solution than traditional methods of software deployment and IT infrastructure. Cloud computing is a one-stop shop and is continuing to take a bigger share of an increasing IT spend market.
In addition, the underlying cloud computing providers are growing strongly and they have fantastic business models: high margins (gross margins can be >90%); very scalable; highly recurring revenue (churn is very low and many customers are on long-term subscriptions) and working capital (they are paid in advance of providing the service).
The key thing to note is most of the SaaS providers are outsourcing the core computing to the IaaS providers. The IaaS players provide hosted cloud storage and compute at highly discounted rates in what is a race to scale to leverage cost and security advantages.
Anecdotally, almost all the companies we meet are migrating to the cloud in some form and via the big IaaS vendors in Google, Microsoft, and Amazon, and in the developing world, Alibaba. These four companies provide scalable, commoditised computing power, via their network of data centres and servers. These are the big 4 winners, accounting for 94% of the global IaaS market.
For software companies and corporates all over the world, this provides discernible benefits: they can run virtually any application or operating system on this infrastructure and can easily scale their use of the service, both up and down, depending on demand.
In addition, the scale of the big IaaS vendors drives the cost down and hence accelerates the transition to the cloud. To provide this infrastructure reliably and with increased performance in a global context, these companies need to be really, really big. Hence, why there are only four.
As the Big 4 IaaS players continue to benefit from the migration of workloads to the cloud over the next five years, they could see a doubling of their cloud infrastructure revenues. We would also expect many of them to continue to improve margins as they enjoy the benefits of scale, which will ultimately contribute to sustained earnings growth.
The headline risk around the public cloud companies is the potential impact of government regulation. These companies have dominant positions and it manifests in concerns about data protection, security and/or anti-competitive practices. Another risk is a wider economic slowdown. While the migration to the cloud from corporates is expected to increase, businesses may choose to delay in the short term.
Huge acceleration in Digital transformation
Recent announcements from the CEOs at the forefront describe the changes they have seen:
The big players in this theme
It's difficult to access this theme in Australia with the largest reasonable-sized cloud computing ASX listed stocks being SaaS vendors, Xero and Wisetech. However, the largest market cap IaaS and SaaS names globally include the following:
Our current preference for our clients to benefit from this theme is through the large IaaS vendors (Microsoft, Amazon, Alphabet and Alibaba) along with selective SaaS providers such as ServiceNow, Atlassian and Freee.
Atlassian, based in Sydney, is the global leading collaboration software used by developers and IT teams more broadly. The companys revenues are growing above 30% p.a. and it has an extremely efficient go-to-market strategy, enabling the group to have a lower sales and marketing spend per dollar of revenue than its peers. This allows the company to invest significantly in R&D, whilst generating a free-cash-flow margins in excess of 30%. The Corona virus impact has led the company to shift to offence, with increasing hires and the offer of free product trials to help customers out during this crisis. Such measures should see an acceleration of growth in one, two or three years out.
Freee, is a Japanese cloud-native accounting software, is penetrating a very large and nascent domestic market. In Australia, 62% of small businesses use cloud-based accounting software (with Xero being the market leader). In Japan, the market is much more nascent, with just 14% of small businesses using cloud-based accounting software. The market is also very large, particularly in the mid-market where average revenue per user (ARPUs) will be significantly higher than Xero. Should Freee execute on the opportunity, they could have a similar market cap to Xero (US$8.4bn) vs. their current US$2.4bn in future years.
ServiceNow, is a cloud-based company that provides software for technical management support. The company specialises in IT services and has built out an impressive platform of tools used to support customers from services to security. The company is growing revenues above 30% p.a. with close to a 30% free-cash-flow margin. High growth rates look sustainable given the recent release of a premium version of their core IT Services Management product. This comes with significantly enhanced features of artificial intelligence and machine learning, coupled with a 50% uplift in price and already gaining good traction.
Munro Partners has owned Microsoft, Google, and Amazon since the establishment of the Munro Global Growth Fund in 2016 and owned them for many years prior at our previous firm. While Chinas Alibaba was added early in 2019, our clients have benefited from strong absolute and relative returns as this thesis has played out.
Munro focuses on identifying and investing in companies that have the potential to grow at a faster rate and on a more sustainable basis than the peer group. To find out more, hit contact below.
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The biggest theme of the digital revolution - Jeremy Gibson - Livewire Markets
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Former Macys store at Redmond Town Center has a new tenant: Amazon – Seattle Times
Posted: at 1:18 am
Where shoppers once browsed blouses in a Redmond department store, software engineers will build Amazon cloud-computing databases.
Amazon planned to announce Monday it has leased the 111,000-square-foot former Macys department store at Redmond Town Center. The store was shuttered early in 2019, part of a wave of closures as the retail industry, even before the coronavirus pandemic, was transformed by online shopping options and changing consumer preferences.
The move gives Amazon another outpost in the backyard of its biggest rival in cloud computing, Microsoft. Some Amazon Web Services employees work in Amazons Bellevue offices, but when it opens next year, the Redmond office, with space for more than 600 engineers and other employees working on database services, will be the first dedicated AWS location on the Eastside. The location is a few steps from a Link Light Rail station planned to begin service in 2024.
John Schoettler, Amazon vice president of global real estate and facilities, said the new Redmond office is part of the companys strategy of continued growth in the Puget Sound region. In January, Amazon outlined plans to have at least 15,000 employees in Bellevue in the coming years, adding to more than 50,000 people in its Seattle offices in South Lake Union and the Denny Regrade. The company is maintaining the rest of its Puget Sound area offices as it adds space in Redmond, a spokesperson said.
In addition to Redmonds strong existing talent pool and close access to our Seattle and Bellevue locations, these new facilities will also provide more flexible work options for employees, allowing us to continue our sustainable growth in the region for years to come, Schoettler said in a statement.
It will be the second Redmond office for Amazon. The company said in December it would base its satellite business, Project Kuiper, a little more than a mile away.
The latest addition to Amazons real estate portfolio, albeit small, indicates the company continues to see a future with tens of thousands of workers gathering together in offices, even as other tech companies have reconsidered that model three months into widespread work-from-home arrangements.
Amazon has said employees who are able to do their jobs from home can continue doing so through at least Oct. 2, though the progression of the pandemic remains difficult to predict. Models updated last week by the Institute for Health Metrics and Evaluation at the University of Washington show infections and deaths nationwide increasing into the fall.
Amazon has instituted temperature checks, physical distancing measures and more frequent cleaning across its operations. It provides employees hand sanitizer and face coverings and is ramping up its own coronavirus testing capabilities.
Whether by coincidence or design, Amazon has found suitable office locations in former department stores erstwhile anchors of shopping malls trying to reinvent themselves that online retail has helped drive out of business. The Redmond Town Center site will be the second former Macys store in the region that Amazon will occupy. Before sending most of its office workers home in early March, Amazon had employees in the upper six floors of the iconic downtown Seattle department store that was most recently a Macys, and previously The Bon March. The downtown Macys closed in February.
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Former Macys store at Redmond Town Center has a new tenant: Amazon - Seattle Times
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Cloud Computing Platform as a Service (PaaS) Market Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast To 2026 – Cole…
Posted: at 1:18 am
New Jersey, United States,- A detailed research study on Cloud Computing Platform as a Service (PaaS) Market recently published by Market Research Intellect. This is the latest report, which covers the time COVID-19 impact on the market. Pandemic Coronavirus (COVID-19) has affected every aspect of global life. This has brought some changes in market conditions. Rapidly changing market scenario and the initial assessment and the future of this effect is included in the report. Reports put together a brief analysis of the factors affecting the growth of the current business scenarios in various areas. Important information relating to the size of the industry analysis, sharing, application, and statistics summed up in the report to present the ensemble prediction. In addition, this report includes an accurate competitive analysis of major market players and their strategies during the projection period.
This report includes market size estimates for the value (million USD) and volume (K Units). Both top-down and bottom-up approach has been used to estimate the size of the market and validate the Market of Cloud Computing Platform as a Service (PaaS), to estimate the size of the various submarkets more dependent on the overall market. Key players in the market have been identified through secondary research and their market share has been determined through primary and secondary research. All the shares percentage, split, and the damage have been determined using secondary sources and primary sources verified.
Get Sample Copy with TOC of the Report to understand the structure of the complete report @ https://www.marketresearchintellect.com/download-sample/?rid=266206&utm_source=COD&utm_medium=888
Leading Cloud Computing Platform as a Service (PaaS) manufacturers/companies operating at both regional and global levels:
Cloud Computing Platform as a Service (PaaS) Market Competitive Landscape & Company Profiles
Competitor analysis is one of the best sections of the report that compares the progress of leading players based on crucial parameters, including market share, new developments, global reach, local competition, price, and production. From the nature of competition to future changes in the vendor landscape, the report provides in-depth analysis of the competition in the Cloud Computing Platform as a Service (PaaS) market.
Segmental Analysis
Both developed and emerging regions are deeply studied by the authors of the report. The regional analysis section of the report offers a comprehensive analysis of the global Cloud Computing Platform as a Service (PaaS) market on the basis of region. Each region is exhaustively researched about so that players can use the analysis to tap into unexplored markets and plan powerful strategies to gain a foothold in lucrative markets.
Cloud Computing Platform as a Service (PaaS) Market, By Product
Cloud Computing Platform as a Service (PaaS) Market, By Application
Regions Covered in these Report:
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)Europe (Germany, the UK, France, and Rest of Europe)North America (the US, Mexico, and Canada)Latin America (Brazil and Rest of Latin America)Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
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Cloud Computing Platform as a Service (PaaS) Market Research Methodology
The research methodology adopted for the analysis of the market involves the consolidation of various research considerations such as subject matter expert advice, primary and secondary research. Primary research involves the extraction of information through various aspects such as numerous telephonic interviews, industry experts, questionnaires and in some cases face-to-face interactions. Primary interviews are usually carried out on a continuous basis with industry experts in order to acquire a topical understanding of the market as well as to be able to substantiate the existing analysis of the data.
Subject matter expertise involves the validation of the key research findings that were attained from primary and secondary research. The subject matter experts that are consulted have extensive experience in the market research industry and the specific requirements of the clients are reviewed by the experts to check for completion of the market study. Secondary research used for the Cloud Computing Platform as a Service (PaaS) market report includes sources such as press releases, company annual reports, and research papers that are related to the industry. Other sources can include government websites, industry magazines and associations for gathering more meticulous data. These multiple channels of research help to find as well as substantiate research findings.
Table of Content
1 Introduction of Cloud Computing Platform as a Service (PaaS) Market
1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions
2 Executive Summary
3 Research Methodology
3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources
4 Cloud Computing Platform as a Service (PaaS) Market Outlook
4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis
5 Cloud Computing Platform as a Service (PaaS) Market, By Deployment Model
5.1 Overview
6 Cloud Computing Platform as a Service (PaaS) Market, By Solution
6.1 Overview
7 Cloud Computing Platform as a Service (PaaS) Market, By Vertical
7.1 Overview
8 Cloud Computing Platform as a Service (PaaS) Market, By Geography
8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East
9 Cloud Computing Platform as a Service (PaaS) Market Competitive Landscape
9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies
10 Company Profiles
10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments
11 Appendix
11.1 Related Research
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