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Monthly Archives: March 2021
Up to one-third of cloud computing spending is not tracked and wasted – ZDNet
Posted: March 16, 2021 at 2:46 am
Why do cloud bills keep spiking every month? How much is marketing spending on cloud services? How much is HR investing in online recruiting tools? Is anyone still using some database instances? Who knows?
Over the past year, organizations have been pushing forward, full steam, into cloud computing. However, questions still persist as to how much is being wasted.
The latest analysis coming out of Flexera'sState of the Cloud report, based on the experiences of 750 executives, finds that while a great deal of money is being spent in the cloud, accounting where it all goes can still be somewhat of a mystery.
Most companies spend more than a million dollars a year on cloud services, yet they struggle to handle their growing cloud spend. On average, survey respondents estimate 30% of cloud spend is wasted. Flexera actually puts that figure, based on its work with customers, at 35%. Adding to the challenge is the fact that organizations are not taking advantage of all cloud provider discounting -- though adoption is growing. Just over half (52 percent) of AWS users leverage reserved instances and only 46% of Azure users do so. But organizations seem to be moving quickly to adopt the AWS Savings Plan (44% in 2021 vs 30% in 2020), a new offering in 2020 that simplifies discounting.
Companies are also starting to rely on automation to keep cloud costs in check. Users are leveraging automated policies to shut down workloads after hours (49%) and rightsize instances (48%). Just over half, 55%, report that understanding cost implications of software licenses is a top cloud challenge.
Thirty-six percent of enterprises said their annual spend exceeded $12 million and 83 percent reported that cloud spend exceeds $1.2 million per year. These figures represent an increase over last year, when 20 percent of enterprises reported an annual spend of more than $12 million and 74% reported yearly spend of more than $1.2 million.
Ninety-seven percent of respondents utilize at least one public cloud, while 80 percent have at least one private cloud. Seventy-eight percent of respondents are using hybrid cloud. Multi-cloud also continues to gain traction, and is the dominant strategy, adopted by nearly all surveyed enterprises. The most common multi-cloud approach among enterprises is a mix of multiple public and multiple private clouds. Private cloud adoption also is strong. VMware vSphere continues to lead in private cloud (36% currently use). Microsoft Azure Stack usage is at 35%; AWS Outpost and OpenStack each have 28%.
While organizations are using multiple clouds, this doesn't necessarily mean individual applications are spanning clouds, the survey's authors also report. The survey finds apps siloed on different clouds is the most common multi-cloud implementation, with 49 percent of respondents saying they use it. Data integration is the most common type of architecture that spans clouds. However, more than one-third of respondents are using more advanced architectures, such as workload mobility between clouds and individual apps that span public and private clouds.
Multi-Cloud Architectures Used
Use of public cloud PaaS services is increasing. Data warehouse has the highest adoption, used by 54%, while 28% of enterprises are experimenting with artificial intelligence and machine learning -- more than any other PaaS services.
Top challenges are security, spend, governance and expertise. Overall, 81% indicate that security is a challenge, followed by 79% for managing cloud spend and 75% each for governance, lack of resources/expertise and compliance.
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Up to one-third of cloud computing spending is not tracked and wasted - ZDNet
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EU poised to affirm tax on tech giants if global agreement fails – The Irish Times
Posted: at 2:46 am
European Union leaders are poised to affirm their commitment to a unilateral tax on tech giants if they fail to agree on a global framework with partners, including Joe Bidens US administration, by the middle of this year.
Over a summit later this month, leaders will stress the need to urgently address the tax challenges arising from the digitalisation of the economy to ensure fairness and effectiveness, according to an early draft of a joint communique seen by Bloomberg. While vowing to work on a consensus-based solution by mid-2021, leaders will confirm readiness to move forward if a global solution is not forthcoming, according to the draft, which is still subject to change.
Frustrated by the slow progress in international negotiations on rules of taxing profits, several EU countries already implemented or planned levies on the revenue of companies such as Facebook and Alphabets Google in the jurisdictions where they operate. Those so-called digital services taxes sparked a dispute with former president Donald Trumps administration, which lined up retaliatory sanctions.
Past efforts to reach consensus on similar levies have failed in the EU, where unanimity is required among all 27 members states. Some countries have insisted the bloc should first give more time to the global negotiations on tax rules at the Organization for Economic Co-operation and Development. Signs of progress emerged last month when the US dropped a key demand in negotiations, lifting a barrier that raised transatlantic trade tensions and prevented an international deal.
In a video summit in February, Treasury Secretary Janet Yellen told her counterparts at a meeting of financial officials from the Group of 20 that the US is no longer insisting on a so-called safe harbour rule that would allow US companies to opt out of new tax rules.
Despite the move by Bidens administration, there is still some distance to go to get a global deal on how to tax global tech giants. Beyond the issue of safe harbor, the US and Europe have long been at odds over the scope of any new rules and how they should be enforced.
The EUs executive arm is due to present its plans for a digital tax as soon as next month with the proceeds going to the blocs budget, including repayments on the jointly backed debt issued to fund the Covid economic recovery plan. Bloomberg
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EU poised to affirm tax on tech giants if global agreement fails - The Irish Times
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Committed to Preparing Americans for the Digital Workforce, DeVry University Offers New Certificate Programs in Cloud Computing and Internet of Things…
Posted: at 2:46 am
NAPERVILLE, Ill.--(BUSINESS WIRE)--With technology and automation dramatically changing the way Americans work, DeVry University is committed to addressing the need for workers to reskill in order to keep pace with the rate of technological change. Today, DeVry announced that it is expanding its certificate program offerings to include Cloud Computing and the Internet of Things (IoT) to underscore the universitys Mission to close societys opportunity gap and prepare learners to thrive in an ever-changing digital workforce.
In October 2020, Microsoft Corp reported IoT adoption surged to 91 percent of companies using IoT from 85 percent in 2019. Likewise, 57 percent of companies are leveraging Cloud-based applications more than expected in 2020 due to the COVID-19 pandemic.
To keep pace with rapid expansion in cloud-based application and IoT adoption, DeVry will be offering the following new certificate programs beginning in May 2021:
Cloud Computing - prepare students with the fundamental skills needed to improve business productivity by learning how to design, deploy and manage cloud solutions.
Internet of Things (IoT) - helps students gain the knowledge and skills necessary to implement, configure, and manage IoT systems.
These programs use a project-based learning approach leveraging physical devices and cloud-based resources. Each 40 credit hour certificate can be earned in as few as 16 months* as standalone credentials and elements of the curriculum aligns to IT industry certifications that helps prepare students to pursue certain IT certification exams, including: CompTIA IT Fundamentals, Comp TIA Linux+, Comp TIA Network+, Comp TIA Cloud+, CompTIA Security+, Comp TIA A+** and MTA-Python.
Our new certificates programs are designed to address the continuous technological change happening in the world today, said Shantanu Bose, Ph.D., provost and chief academic officer at DeVry University. For 90 years, DeVry has embraced its tech heritage and now, more than ever, we want to demonstrate our commitment to innovative programs that help empower students to meaningfully improve their lives, communities and workplaces.
*Not including breaks. Assumes year round, full time enrollment.
**The CompTIA A+ industry certification is not applicable to the Cloud Computing certificate.
New certificates expand DeVrys current technology-driven certificate programs
Earning a certificate can help students hone their digital skills and remain relevant and thriving in the workforce. The Cloud Computing and Internet of Things (IoT) certificate programs are the latest addition in a series of tech certificates DeVry has introduced since 2020, including:
Information Technology (IT) Essentials This certificate program prepares students with fundamental skills applicable to a variety entry-level IT roles. Elements of the curriculum helps prepares students to pursue industry certifications, such as CompTIA IT Fundamentals, CompTIAs Cloud+, CompTIAs LINUX+, Microsofts Technology Associate (MTA) Python and more.
Networking Essentials Students learn how organizations and businesses are networked to exchange and secure information. Elements of the technology curriculum simultaneously helps prepares students to pursue industry certifications, such as CompTIA Network+ and the Cisco Certified Network Associate (CCNA).
Programming Essentials Students learn to write code and create applications using industry-recognized programming languages, like Python. Elements of the technology curriculum helps prepares students to seek industry certifications, such as CompTIAs LINUX+ and Microsofts Technology Associate (MTA) Python.
Cyber Security Students develop the critical skills needed to design strategies to protect information, infrastructure and brands against the threat of cyberattacks.
Software Design and Solutions is designed to help students build essential knowledge of programming, database concepts, and implement design strategies toward the development of applications.
Data Mining and Analytics prepares students with the skills needed to build, verify, and test data models to make data-driven decisions in any industry.
Web and Mobile Application Development teaches students the specialized knowledge that is important in the development of interactive desktop and mobile applications.
Each of the technology-driven programs include three key components:
We are committed to helping bridge the technology gap and reskill todays workforce, said Bose. Our certificate programs are skills-focused and anchored in technology to help students learn the core fundamentals of their field. Newly acquired tech skills can often be applied in the workplace as they are learned.
About DeVry University
DeVry University strives to close societys opportunity gap by preparing learners to thrive in careers shaped by continuous technological change. Founded in 1931, the university offers undergraduate and graduate programs onsite and online within six areas of study: Accounting, Business, Healthcare, Technology, Liberal Arts, and Media Arts & Technology. The university is accredited by The Higher Learning Commission (HLC, http://www.hlcommission.org/). To learn more, visit devry.edu.
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What Are the Top Cloud Computing Threats and How To Avoid Them? – EC-Council Blog
Posted: at 2:46 am
An estimated 70% of businesses are using the cloud [1]. Therefore, cloud computing threats should be a concern for every business. Of course, cloud computing offers a flexible model for simplified remote access, IT management, mobility, and cost-efficiency. However, with more critical applications migrating to the cloud, security and data privacy are becoming a growing concern for businesses.
Simply moving web applications to the cloud does not make them inherently secure. You must also address the different security risks associated with cloud computing. In this article, we will explore the top cloud computing threats and how you can dodge them.
What Are Cloud Security Threats?
There are various benefits to attain from cloud computing, including efficiency and speed. However, there are a host of potential cloud security threats as well access management, data breaches, data loss, and insecure APIs.
Cloud computing risks are on the rise, reiterating the importance of protection against cloud security threats.
Security Risks Associated with Cloud Computing
There are a host of different security risks associated with cloud computing. The following are some of the most important ones.
Top Cloud Security Threats
Now that you know the different threats and risks associated with cloud computing, let us discuss the top cloud security threats and how you can mitigate them.
Access management is one of the major cloud computing threats. Both small and large businesses are moving all their data to the cloud, but in most cases, they do this without thinking through their access policies.
One way to protect your business from this cloud computing threat is to limit access. Implement a rigorous access policy and avoid offering access to an employee when it is not required. Moreover, conduct regular audits of the level of access certain employees have and remove unnecessary privileges if any. Deploy the most secure identification and authentication tools to make your cloud more secure.
Data breaches have become more frequent in cloud computing systems than those managed in-house because of the large volume of data flowing between cloud systems and employees, which can be intercepted by hackers, thus resulting in cloud computing vulnerabilities.
One of the best ways to mitigate data breach threats is through securing the data. Make use of encryption for both messages and email servers. Ensure that all employees access the cloud services securely from anywhere in the world, and use a secure VPN service for this purpose.
Data loss is another significant cloud incident for which you need to have an incident response plan. When you start moving data to the cloud, it can grow in size very quickly, making data backups both costly and difficult.
Therefore, rather than waiting for cloud incidents to take place, adopt a proactive approach and implement a rigorous backup system, thus setting up your business for proper incident management.
APIs are the primary tools that your employees use for interacting with cloud storage systems. However, most of these APIs are still vulnerable, thereby giving storage providers undue levels of access to your data.
One way to mitigate this cloud computing threat is to choose the cloud storage provider carefully. A quality cloud provider will always adhere to the API security guidelines and will also provide you with information on the number of attacks they have prevented.
Handle Cloud Computing Threats with ECIH Training
To gain an in-depth understanding of cloud computing threats and other looming risks, opt for a certification for you or your business that explores these topics with relevant examples and practical applications. EC-Councils Certified Incident Handler (ECIH) is a specialist program that offers skills and knowledge to effectively handle post-breach consequences by reducing the incident impact. The method-driven training uses a holistic approach to cover different concepts regarding incident handling and response.
References
FAQs
What is the biggest challenge of cloud computing?
Privacy and security of information are the biggest challenges of cloud computing. These cloud computing security issues can be overcome by employing security hardware, encryption, and security applications.
What are the benefits of cloud computing?
There are various benefits of cloud computing that businesses must consider. Some of these include reduced IT costs, business continuity, flexible work practices, and scalability.
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What Are the Top Cloud Computing Threats and How To Avoid Them? - EC-Council Blog
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The tech giants are keeping an eye on our digital ecosystem – The Times Hub
Posted: at 2:46 am
The economist Rita Almela (Barcelona, 1983) is a founding partner of 101 Ventures, a vehicle for the creation, investment and accompaniment of emerging companies ( startups) that she launched in Barcelona in 2008 together with Marc Borrell, Jordi Priu, Rafael Garca Escarr and Guillermo Briones.
His career has spanned London, San Francisco, Buenos Aires, Mexico City and Bogot. In addition, Almela has also worked in the venture capital area of CaixaBank, where she currently holds a position on the Board of Directors of CaixaBank Payments & Consumer and is chair of the Innovation, Technology and Digital Transformation Committee.,
Question: How Did your passion for startups and technology begin?
Answer: In college. Together with a classmate we developed a business plan on an advertising management platform for mobile phones. We presented it at the Instituto de Empresa in Madrid where we were selected to participate in a training program for entrepreneurs, from which the launch of the startup CPM Telecom.
Q. What did you learn in your next stage, in the venture capital area? of CaixaBank?
R. Much. Caixa Capital Risc is a great school of entrepreneurship and has been a clear driver of the entrepreneurial ecosystem from the beginning. I learned to analyze and identify opportunities, understand the vision and passion of entrepreneurs, valuations, technology, market launch, investor relations, internationalization, among much more. I understood what startups need, what are the challenges, difficulties, capacity for growth, main mistakes and keys to success.
P. It has also promoted projects on the other side of the Atlantic, such as AlmaShopping.
R. Yes. After completing the Executive MBA from IESE, I jumped to Latin America to create this startup . We started with a subscription model for cosmetic products. In less than a month, clients were already asking us how to buy the products and the big brands asking us to make them their e-commerce. We were the digital channel for the main brands, and we were present in 17 Latin American countries and the United States. After seven years we decided to return to Barcelona, closing a stage that allowed me to get to know Latin America very well and have the experience of having lived in San Francisco, a city where people transmit passion for what they do. It was very inspiring .
Q. How did you find Barcelona on your return?
R. It was exciting to see how the activity around startups had taken a spectacular leap. When I returned from San Francisco, I was invited to visit Pier 01 in Barcelona Tech City. And I got to know this magnificent epicenter of the entrepreneurial, digital and technological ecosystem in which synergies arise every day
Q. In what sense has the digital ecosystem advanced?
R. Every year we have more entrepreneurs, investors, venture builders and connection centers ( hubs) between companies, universities, business schools, technology centers Joint work allows innovation, disruptions and changes to emerge that impact companies and citizens with solutions that improve the quality of life.
Q. Does Barcelona also arouse interest among the tech giants?
A. Yes. The big international tech companies are keeping an eye on the Barcelona digital ecosystem and acquiring local startups. And also large international technology companies are opening venues here, especially American and Asian .
P. Has hosting the Mobile World Congress helped?
R. Undoubtedly, mobile communication has a fundamental weight in digitization. Having the most important congress, the Mobile World Congress (MWC), with its 4 Years from Now (4YFN) initiative, has allowed to promote a digital ecosystem of technology companies and startups that lead disruptions in mobile communication and the technologies around them .
P. The pandemic has been a catalyst for digitization
R. Yes. It is bringing to light the capabilities and benefits of digitization, including in sectors such as education, art, culture, retail, restaurants Without We are certainly going to see a before and after both for companies and citizens. We are not going to behave the same, or consume the same, or work the same. We are going to enjoy life in a different way. Digitization and productivity improvement will be a cornerstone in the economy
Q. What role will the technology sector play in the economic recovery?
R. It will be key. The impetus in innovation, digitization and investment in advanced technologies will help the recovery and growth of the economy. In addition, it will impact to achieve a better society.
Q. How will that society be better?
R. We will learn to enjoy now , family and friends, work, little things. We will think about how to improve the quality of life, ourselves and those around us. New business models, services and products are emerging that will allow us to live differently, enjoying more than is important .
Q. Will startups lead it?
A. Yes. We must support entrepreneurship. Collaboration between startups and large companies will be key to the digitization and incorporation of advanced technologies for their operations and new business developments
Q. Is that what they do from 101 Ventures?
A. Yes, it is a venture builder [somewhat as well as a factory of emerging companies], which implies a new way of working that resembles venture capital, in the sense that it has investors who inject funds into a vehicle, invest for a few years and then begin a phase of divestment . The difference is the venture builder instead of starting to invest in mature stages, they are involved in the project from its foundation and build startups from scratch
Q. What investment plan does 101 Ventures have?
R. Since we founded 101 Ventures two years ago, we have raised 1.5 million euros. With them, we have built six startups Wolo, Lets Coder, The Sampling Solutions, Networkers, Frontwave Imaging and Elefant24 and two venture builders specialized in 5G and Data, respectively .
Q. How do you choose projects?
R. We look for solutions to problems, looking for technology to make sense. We are continuously analyzing the global market, what real needs society has, applying two focuses. The first is the digitization and introduction of advanced technologies in mature sectors. The second, the application of mobile technology. The most important factor is to identify entrepreneurs for growth, they must transmit passion for what they are developing. And of course market validation is key too.
P. They start out as majority shareholders and then dilute their participation. Why?
A. They are the rules of the game. When we sell the first startup I will cry. Now we are in the growth and consolidation stage, and we will be there until the first two or three rounds of financing following them. When companies consolidate and impact society, we will begin the divestment. Our partners require a return on investment, with the highest multiplier and profitability possible .
P. She is the only woman of the five founding partners of 101 Ventures. How's that?
R. I knew Marc Borrell from previous investments and ecosystem, he introduced me to what they had done since 101 Startups and I joined them on this new project, 101 Ventures. Although I am the only woman in the founding team, we decided to complement it by betting on female talent in the team, and the leadership of women in several of the companies created, as well as diversity.
You can follow EL PAS TECNOLOGA at Facebook and Twitter .
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Cloud Computing in Healthcare Market Technology, Product Scope, Demand, Business Scenario, Trends, Share, Applications, Types and Forecasts 2020 2027…
Posted: at 2:46 am
This report provides detailed historical analysis of global market for Cloud Computing In Healthcare from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.
This press release was orginally distributed by SBWire
Vancouver, BC -- (SBWIRE) -- 03/15/2021 -- The study is a professional probe into the revenue generated and capacity estimates for the Cloud Computing In Healthcare market for the forecast period 2020 - 2027 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.
The Cloud Computing In Healthcare report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.
You Can Download Free Sample PDF Copy of Cloud Computing In Healthcare Market at https://www.emergenresearch.com/request-sample/283
The report gives an extensive evaluation of the concentration of the Cloud Computing In Healthcare market in different regions and countries. With a detailed regional analysis of the Cloud Computing In Healthcare market, our research analysts attempt to decipher the hidden growth prospects available for players across the different geographies of the world. They accurately estimate market share, CAGR, production, consumption, price, revenue, and other crucial factors that are responsible for the growth of regional markets studied in the report. They also highlight the presence of prominent players in regional markets and the way it makes a difference in the growth of the markets
Key Highlights From The ReportIn October 2020, Sanofi and Translate Bio announced that a Phase 1/2 clinical trial for the coronavirus Cloud Computing In Healthcare candidate is set for quarter four of 2020. The Cloud Computing In Healthcare demonstrated a favorable immune response profile against COVID-19.A monovalent Cloud Computing In Healthcare is designed to immunize the single microorganisms and antigen. This type of Cloud Computing In Healthcare is preferable for the development of a strong immune response. The segment is forecasted to grow with a CAGR of 7.5% during the forecast period.Toxoid Cloud Computing In Healthcares are given to adults as well as children to protect them against tetanus. To enhance the immune response, the toxoid is adsorbed to calcium or aluminum salts, which serve as adjuvants. This Cloud Computing In Healthcare is generally used as a booster Cloud Computing In Healthcare after this first series.Influenza shots are a flu Cloud Computing In Healthcare given through needle. It is a seasonal flu shot that protects against the 3-4 type of influenza viruses. It protects from a viral respiratory illness that spreads quite easily. The flu can lead to serious health complications and even death.North America dominated the global Cloud Computing In Healthcare market and is expected to gain major traction over the analysis period on account of the presence of major key players investing in R&D activities, growing awareness, and subsequent demand for Cloud Computing In Healthcares in the region.Key participants include Pfizer, Inc., CSL Limited, Merck & Co., Inc., AstraZeneca, Johnson & Johnson, Serum Institute of India Pvt., Ltd., GlaxoSmithKline PLC, Sanofi Pasteur SA, Emergent Biosolutions, Inc., and Biological E, among others.
You Can Download Free Sample PDF Copy of Cloud Computing In Healthcare Market at https://www.emergenresearch.com/request-sample/283
Type Outlook (Revenue, USD Billion; 2017-2027)Monovalent Cloud Computing In HealthcaresMultivalent Cloud Computing In Healthcares
Patient Type Outlook (Revenue, USD Billion; 2017-2027)Pediatric PatientsAdult Patients
Technology Outlook (Revenue, USD Billion; 2017-2027)Inactivated & Subunit Cloud Computing In HealthcaresConjugate Cloud Computing In HealthcaresRecombinant Cloud Computing In HealthcaresLive Attenuated Cloud Computing In HealthcaresToxoid Cloud Computing In Healthcares
Disease Outlook (Revenue, USD Billion; 2017-2027)DTPHPVPneumococcal DiseaseMeningococcal DiseaseInfluenzaHepatitisVaricellaMMRPolioHerpes ZosterRotavirusOthers
Route of Administration Outlook (Revenue, USD Billion; 2017-2027)Oral AdministrationIntramuscular and Subcutaneous AdministrationOthers
Cloud Computing In Healthcare Market Regional Outlook (Revenue, USD Billion; 2017-2027)North AmericaEuropeAsia PacificLatin AmericaMEA
The study relies heavily on both qualitative and quantitative to generate, interpret and analyze raw data about the target market, product or services offered and prominent market players operating in the Cloud Computing In Healthcare market for the forecast period, 2020 - 2027.
We Have Recent Updates of Cloud Computing In Healthcare Market in Sample Copy: https://www.emergenresearch.com/request-sample/283
Here are the questions we answer... What are the future opportunities in store for the vendors operating in the Cloud Computing In Healthcare market? What does the competitive landscape look like? Which emerging technologies are believed to impact the Cloud Computing In Healthcare market performance? What are the key trends and dynamics?Which regulations that will impact the industry?Which segment will offer the most opportunity for growth between 2020 and 2027?Where will most developments take place in the long term? Who are the most prominent vendors and how much market share do they occupy?What are the latest technologies or discoveries influencing the Cloud Computing In Healthcare market growth worldwide?
Read more@ https://www.emergenresearch.com/industry-report/cloud-computing-in-healthcare-market
Table of ContentChapter 1. Methodology & Sources1.1. Cloud Computing In Healthcare Market Definition1.2. Cloud Computing In Healthcare Market Research Scope1.3. Cloud Computing In Healthcare Market Methodology1.4. Cloud Computing In Healthcare Market Research Sources1.4.1. Primary1.4.2. Secondary1.4.3. Paid Sources1.5. Market Estimation TechniqueChapter 2. Executive Summary2.1. Summary Snapshot, 2019-2027Chapter 3. Key InsightsChapter 4. Cloud Computing In Healthcare Market Segmentation & Impact AnalysisChapter 5. Cloud Computing In Healthcare Market By Type Insights & Trends, Revenue (USD Billion)Chapter 6. Cloud Computing In Healthcare Market By Application Insights & Trends Revenue (USD Billion)Chapter 7. Cloud Computing In Healthcare Market By End-Use Insights & Trends Revenue (USD Billion)Chapter 8. Cloud Computing In Healthcare Market Regional OutlookContinued
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This Cloud Computing Subsector Has Huge Potential: 2 Stocks to Buy Before the Boom – Motley Fool
Posted: at 2:45 am
In the coming years, as billions of new Internet of Things devices are connected, edge computing will become increasingly necessary to ensure a fast, secure digital experience for end-users (and devices). This huge computing trend is a big reason why tech companies like Fastly (NYSE:FSLY) and NVIDIA (NASDAQ:NVDA) look like good stocks to own in what has become a booming market.
Let's find out some more about these two edge-computing cloud stocks and why they have such huge potential.
In the world of cloud computing, data storage and processing power have generally been provided by massive server farms in data centers. Your local device doesn't have to do the heavy lifting -- but the strategy puts more strain on the communications network, and while you may not notice often, sending all the data back and forth does take time.
Image source: Getty Images
Edge computing changes the paradigm up a bit, locating the servers that process and store data and applications as close to the end-user as possible. And much like cloud computing, it has the potential to transform virtually every industry.
Processing data at the network edge improves response time, meaning websites load faster and applications run more quickly. It also improves information security because sensitive data can be processed relatively locally. Finally, by reducing the amount of data that is relayed back to central clouds, edge computing reduces costly bandwidth and storage requirements for enterprises.
But how can these two cloud stocks take advantage of this?
Fastly's edge cloud platform is a network of data centers strategically positioned near internet exchange points around the globe. This puts its powerful servers in closer physical proximity to the people and companies using them. That matters for a couple of reasons.
First, large numbers of businesses are more reliant than ever on their ability to provide consumers with smooth, enjoyable digital experiences. According to research by Alphabet's Google, 53%of mobile users will leave a website that takes longer than three seconds to load. What's more, 46% of users never return to a poorly performing website.
That's why companies like fuboTV and Shopify use Fastly's edge cloud platform to deliver streaming media and web content. It helps these enterprises ensure a fast, reliable experience for customers, even when traffic spikes or content changes quickly.
But Fastly's platform also allows developers to build and run applications at the edge of the internet. This is more involved than simple content delivery, and it's especially critical in time-sensitive scenarios like video games or certain IoT applications.
For instance, imagine an array of IoT devices that monitor a manufacturing facility. If something goes wrong and machinery needs to be shut down, a few milliseconds difference in response time could make the difference between a non-event and a catastrophe.
Fastly's management sees a near-term annual market opportunity of $35.4 billion. But edge computing use cases are still emerging. As this industry evolves, I believe Fastly could be a big winner for patient investors.
In machine learning, massive quantities of data are used to train artificial intelligence algorithms. Once trained, those AI models can be deployed in edge devices for predictive decision-making. And NVIDIA's EGX AI platform provides the computing horsepower needed to make that happen.
Image source: NVIDIA.
NVIDIA's EGX AI platform is a complete solution that allows enterprises to build, deploy, and manage AI applications. It includes DGX servers used to train AI algorithms in the cloud, EGX servers used to deploy those trained models at the edge, and embedded Jetsonsystems used to power autonomous machines and robots.
NVIDIA also provides pre-trained models and software solutionsthat greatly simplify the process. For instance, NVIDIA's Metropolis platform enables developers to build AI applications that improve retail inventory management, enhance loss prevention efforts, and simplify the checkout experience for consumers. That's a big deal -- according to research firm McKinsey, the use of AI could improve retail profit margins threefold, which would add $1 trillion in profit to the industry as a whole.
As a practical example, Walmartuses NVIDIA's tech to manage employee workflow, and to ensure the freshness of meat and produce in certain stores. Likewise, BMW uses NVIDIA's edge AI solutions to automate optical inspections in its manufacturing facilities. And China Mobile, which operates the world's largest wireless network, uses NVIDIA's platform to deliver AI capabilities over 5G networks. But the potential is virtually limitless, from AI-powered smart cities and logistics to self-driving cars and autonomous drones.
NVIDIA's management estimates the addressable market for its edge AI solutions at $15billion by 2024. And ifNVIDIA's acquisition of chipmaker ARM is approved, that number jumps to $75 billion by 2023. Regardless, its brand name is synonymous with high-performance computing, and the company should be able to capture a large portion of the market.
This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
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This Cloud Computing Subsector Has Huge Potential: 2 Stocks to Buy Before the Boom - Motley Fool
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New social media laws will give US tech giants the power to regulate free speech in Britain, campaigners warn – iNews
Posted: at 2:45 am
New laws governing social media risk giving US tech giants power to squash free speech and determine what is illegal to post online, ministers have been warned.
Six non-governmental organisations have written to Culture Secretary Oliver Dowden asking him to reconsider plans for the Online Safety Bill which is due to go before Parliament later this year.
The proposals would impose a duty of care on social media companies such as Facebook, Twitter and YouTube. The state-backed regulator Ofcom would monitor this partly by reference to the firms own terms and conditions, and have the power to impose fines on those which fall short.
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The coalition of NGOs led by Big Brother Watch argues that this would have the effect of writing the companies guidelines into law, which would mean that forms of speech which are currently legal would become unlawful when expressed on the internet. This might include debate over scientific questions such as vaccinations; sharing images of self-harm scars; and aggressively criticising other people in ways some would consider offensive.
Signatories of the letter also include Index on Censorship, the Open Rights Group, human rights campaign Article 19, the free-market Adam Smith Institute and Global Partners Digital, which promotes rights online.
They told Mr Dowden: The Governments proposals would give state sponsorship to tech companies content policies and terms and conditions. These policies are far more restrictive of free speech than UK laws and it is unclear that the UK Government would be fulfilling its duty to protect the right to freedom of expression in requiring adherence to such policies.
The groups said they were worried that onerous liability risks would encourage companies to err on the side of caution, removing users content whenever there was any doubt over whether it breaches the guidelines. In the letter, they also called on the Government to remove private messages from the scope of the legislation to avoid criminalising peoples individual communications.
Ministers have insisted that new legislation is needed to crack down on bullying and hate speech online, as well as tackle illegal behaviour such as the sale of banned weapons via social media sites. Charities such as the NSPCC claim that legal but harmful content including posts glorifying suicide must be targeted in order to protect children.
Mr Dowden said this week: I know theres this criticism sometimes that theyre marking their own homework theyre not, Ofcom is marking their homework, but they are determining the correct approach and I think that is the right way of ensuring sufficient flexibility and ensuring theres creativity for the tech firms whilst at the same time protecting the wider public interest.
A Government spokesperson told i: The Online Safety Bill will enshrine in law peoples right to free speech and robust debate online this is not about policing the internet or censorship, but about protecting children from harmful content. The new laws will have built-in safeguards to make sure companies cant censor controversial views and therefore advance protections on what we currently have.
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Nifty IT tops 345 pts amid global tech giants rally; Heavyweights L&T Info, TCS, Wipro, Infosys lifts the index – Indiainfoline
Posted: at 2:45 am
Indian IT company stocks were broadly in the fast lane during Wednesday's trading session after global tech stocks witnessed a sharp rally. The Nifty IT index has outperformed the benchmark Nifty 50 led by huge buying sentiment in heavyweights technology stocks. Treasury yields have retreated from their rising spree and maintain a downside which further lifted investors mood in IT stocks.
At around 11.29 am, Nifty IT was trading at 25,927.15 higher by 344.80 points or 1.35%. The index has gained an intraday high of 25,927.15.
L&T Infotech was the top gainer on Nifty IT, soaring by at least 5.2% followed by Coforge advancing by 4.9%. Over 2.5% surge was recorded in Mindtree stock, while Mphasis jumped by 2.2%.
Heavyweights like Wipro and Tech Mahindra zoomed by nearly 2% each. Moreover, Infosys and HCL Tech drove the index rising 1.2% each.
TCS which is the second most valued company after RIL on stock exchanges, also played a key role in bolstering the index by contributing nearly 1%.
However, Naukri.com was the only underperformer with a marginal drop.
On the global front, the tech-heavy Nasdaq made its biggest single-day rise since November 4 last year and settled with a nearly 4% gain recovering losses of previous trading sessions as investors feasted on heavyweight technology stocks.
Overnight, Tesla Inc recorded its highest climb in nearly a year and settled nearly 20% up. While Amazon.com Inc and Microsoft Corp registered the biggest single-day gains in five weeks by surging nearly 4% and 3% respectively.
Other technology giants like Apple Inc and Facebook Inc skyrocketed by more than 4% each, while Netflix soared nearly 3%. Google's parent Alphabet Inc zoomed nearly 2%.
Nasdaq settled at 13,073.82 higher by 464.66 points or 3.69%.
Technology stocks witnessed sharp correction in recent weeks as rising yields escalated concerns over their high valuations.
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Advanced Report on Education Cloud Computing Market by Growth, Demand & Opportunities & Forecast To 2027| Cisco Systems, WindStream, Sandvine,…
Posted: at 2:45 am
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