Category Archives: Cloud Computing

Notably, cloud was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions, ahead of Covid-19 and robotics, according to GlobalData.

Of the 50 leading companies in the automotive industry, Rivian Automotive had the greatest increase in references for cloud in Q1 2023, compared with the previous quarter. GlobalData identified 9 cloud-related sentences in the company's filings - 14% of all sentences - and an increase of 200% in Q1 2023 compared with Q4 2022. Mercedes-Benz Group's mentions of cloud rose by 300% to 4 and Ford Motor's by 200% to 3 and Lucid Group's by 100% to 2 and Li Auto's by 100% to 1.

GlobalData's Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cloud in Q1 2023 was 101.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalDatas Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the worlds largest industries.

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Mentions of cloud increased in the automotive industry in Q1 2023 - just-auto.com

Historically, every household had its own water well.

Today, public utilities provide clean water to everyone by turning on a tap. Cloud computing functions in a similar way. Like water from a faucet, hybrid networking environments may be quickly turned on and off. As with the water company, a dedicated workforce guarantees that the Cloud service provided is safe, secure, and always available.

A hybrid network is a type of Cloud computing that integrates on-premise technology with a public Cloud. Data and applications can travel between the two environments owing to hybrid Clouds. Many products of the company employ a hybrid Cloud strategy to solve business imperatives such as meeting regulatory and data sovereignty requirements, maximising on-premise technology investment, or addressing low latency challenges.

Cloud Computing is Empowering

The Cloud provides data access from anywhere, at any time, and on any compatible device. This mobility speeds up procedures, enhances communication, and empowers remote employees. Moving to the Cloud can save money, while freeing IT personnel from day-to-day responsibilities, allowing them to focus on enhancing operations and growing the business. 92% of organisations have a multi-Cloud strategy in place or are in the process of developing one, and 82% of large enterprises have implemented a hybrid Cloud infrastructure.

With the rapid shift to remote work during the pandemic, many organisations that had not previously used Cloud deployments quickly realised the value and importance of doing so. This demand has continued to increase. According to a recent study, 16% of all employees work remotely, with 62% preferring a hybrid work environment. Many employees today have the flexibility to work when, how, and where they want for a variety of tasks. This could include some days of in-office collaboration, deep focus work at home on others, and working from a coffee shop while travelling. Employers face challenges in adapting to and meeting these needs, but reap the benefits of employee satisfaction, productivity, and retention in the long run.

Hybrid networking is an excellent storage and scalability solution because it enables businesses to scale their storage up or down based on ongoing demand. Multi-Cloud providers should ideally collaborate seamlessly so that organisations can invest in any level of space, security, and protection based on the needs of each data segment. Administrators can align their business requirements with the best Cloud-hosting providers for each task by incorporating multiple Clouds into a companys IT strategy. Organisations can choose a provider based on its fast upload speed, while another provider can guarantee better service level agreement terms. Users can achieve a high level of agility by having multiple options and matching each part of their business to a specific providers setup and execution terms.

Securing the Cloud

Cloud adoption and an increase in remote work have extended the enterprise perimeter, increasing the attack surface, and the continued shift to a hybrid Cloud will increase this attack surface even further. According to a recent survey, 80% of companies have experienced at least one Cloud security incident in the last year, and 27% of organisations have experienced a public Cloud security incident. However, Cloud storage can be built from the ground up to ensure maximum data security. As Cloud providers are responsible for the security of their infrastructures, they can ensure that an organisation has all of the capabilities required for data protection. A business networks security must be evaluated regularly as its infrastructure and software evolve.

Another significant benefit of implementing a multi-Cloud strategy is risk management. If one vendors infrastructure fails or is attacked, a multi-Cloud user can quickly switch to a different service provider or backup to a private Cloud. Risk can be reduced by using redundant, independent systems that provide robust authentication mechanisms, vulnerability testing, and API asset consolidation.A multi-Cloud solutioncan help protect a companys critical data by providing backup and recovery capabilities that ensure business continuity in the event of an emergency, whether caused by a failed driveor a natural disaster.

The Future is Hybrid

A hybrid Cloud network is a software-centric architecture that tightly integrates computing, storage, and virtualisation resources in a single system. Modern businesses rely on data centres to provide the computing, storage, networking, and management resources required to host critical enterprise workloads and data. However, data centres are notoriously complex places where many vendors compete to deliver a plethora of devices, systems, and software.

Challenges to consider include compatibility issues in synchronisation, security challenges relating to data handling, access management protocols and the evident skills gap in bringing all of this together. Fortunately, there are strategies and tools to help resolve the complications of hybrid management and create a streamlined approach across environments. Cloud migration is well underway for many organisations, driven by a variety of business factors and accelerated in many cases by the pandemic.

About the Author

Alan Hayward is Sales and Marketing Manager at SEH Technology. SEH is a manufacturer of high quality network solutions. With over 30 years of experience in printing and networks we possess broad and profound solution skills in areas for all types of business environments. We develop and manufacture all products at our headquarters in Germany. Worldwide distribution is via our US and UK subsidiaries and an extensive network of partners, distributors, and resellers.

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Hybrid Networking Environments: Optimising IT Infrastructures in 2023 - TechNative

Alibaba, an e-commerce giant, joins hands with Pakistan to teach cloud computing skills to its students. The University of Engineering Technology (UET) Mardan, has signed an agreement with the Chinese multinational company, Alibaba.Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, signed an agreement to teach Cloud Computing to Pakistani students.

According to the terms of the agreement, UET Mardan with be able to access learning materials from Alibaba cloud computing. The course may include cloud computing, big data, cloud security, robotics, and machine learning.

Moreover, as per the contract, students will get free access to cloud resources, certifications, and courses. The partnership will enable UET Mardan to prepare students for their future with the best possible skills.

Recently, the two parties signed an agreement titled Alibaba Cloud Academic Empowerment Programme. Which aims to equip students with skills in cloud computing, big data, machine learning, and robotics.

Besides, through this partnership, the course will enable students to experience real-life scenarios in placing cloud technology while providing them with technological resources and industry insights.

This is the first time Alibaba has shown its interest in Pakistan to teach skills to its students. As the competition is raising high day by day, Pakistani students need to learn the skills which will help them to flourish in the future.

In addition, a one-day workshop was held at the University of Mardan, where Dr. Jawad Ali Shah, an Alibaba Cloud Technical Trainer, introduced Alibaba Cloud services to the participants.

Vice Chancellor Prof Dr. Sadiq Ullah, Dean Dr. Imran Khan, Registrar Dr. Muhammad Alam, Director Finance Dr. Murtaza Ali, Dr. Abrar Ali Shah mad PS Muhammad Ismail was a part of the training.

During the workshop, Dr. Jawad Ali Shah demonstrates to the vice-chancellor about the Cloud Academic Empowerment Programme (CAEP). The two parties decided to sign a Memorandum of Understanding (MoU) soon to recognize the importance of skill development for young people.

The Memorandum of Understanding will benefit students including the free registration in the Alibaba Cloud Certificate Associate, Cloud Computing exam, and will grant access to over 300 AAEP (Alibaba Cloud Academic Empowerment Programme). Online courses in cloud computing, artificial intelligence, and big data. It will also grant access to the resources for students and teachers to participate in the course to experience first-hand how cloud computing works.

Speaking at the occasion, Dr. Sadiq Ullah said that The partnership with Alibaba will enable the university to access the best jobs at the international level, and the university will continue to progress.

In addition, he also mentioned that in the future, UET Mardan plans to establish more collaboration with international universities to further excelling technological advancements.

Indeed, the initiative will help to nurture the future of Pakistani students and will help in opening the doors of new opportunities. As it is a time of artificial intelligence and every country is trying to produce something that benefits the economy and technology. Therefore, the initiative taken by the government of Pakistan will help Pakistani students to learn new technology which is essential to grow the economy of Pakistan.

Read more:

Alibaba Announces Plans to Roll Out Generative AI Features Across Apps

After Google And Microsoft, Alibaba Introduces Its ChatGPT Rival :Tongyi Qianwen

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Alibaba Join Hands To Teach Cloud Computing To Pakistani Students - TechJuice

A new Deltek analysis shows that the U.S. Air Forces spending on other transaction agreements for cloud-based prototypes has dropped since fiscal year 2020.

Data indicates that the service branchs spending on cloud-related OTAs fell from $131 million in FY 2020 to $35 million in FY 2021 and bounced back a bit in FY 2022 at $51 million, Alex Rossino, an advisory research analyst at Deltek, wrote in a blog post published Wednesday.

He noted that the establishment of enterprise cloud environments at the Air Force, including Cloud ONE and Platform ONE, could be attributed to the downward trend when it comes to OTA spending.

With these in place there has not been as much of a need for special contracts, such as those awarded via OTA, Rossino wrote.

The Air Force Lifecycle Management Center emerged as the top cloud-related OTA spender in the past three fiscal years, recording $141.7 million in total spending between FY 2020 and FY 2022.

Rossino said he expects the services use of OTA for cloud computing to recover as it advances the use of commercial technology to address emerging challenges.

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Delteks Alex Rossino: Air Force Spending on Cloud OTAs is Declining - ExecutiveBiz

PRESS RELEASE

Published May 3, 2023

New Jersey, N.J, May. 03, 2023 (Digital Journal) - Space cloud computing, also known as edge cloud computing or fog computing, is a model of cloud computing that brings the power of cloud computing closer to end users by leveraging the processing and storage capabilities of nearby devices. Unlike traditional cloud computing, where data is processed and stored in centralized data centers, space cloud computing distributes these resources across a network of decentralized nodes, such as routers, switches, and other edge devices.

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The global Space Cloud Computing Market is expected to grow at a significant CAGR of +14% during the forecasting Period (2023 to 2030).

Space Cloud Computing Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data that has been looked at considers both the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

Top Key Players Profiled in this report are:

? Amazon Web Services (AWS)? Boeing? D-Orbit? Hedron? Kepler? Kongsberg Satellite Services (KSAT)? Microsoft? National Geospatial Agency (NGA)? National Oceanic and Atmospheric Administration (NOAA)? OneWeb? RBC Signals? Swedish Space Corporation (SSC)? Telespazio? Thales Alenia Space? Unibap

The key questions answered in this report:

Various factors are responsible for the market's growth trajectory, which is studied at length in the report. In addition, the report lists the restraints that are posing a threat to the global Space Cloud Computing market. It also gauges the bargaining power of suppliers and buyers, the threat from new entrants and product substitutes, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analysed in detail in the report. It studies the market's trajectory between forecast periods.

Global Space Cloud Computing Market Segmentation:

Market Segmentation: By Type

Market segmentation: By Application

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Regions Covered in the Global Space Cloud Computing Market Report 2022:

The Middle East and Africa (GCC Countries and Egypt)

North America (the United States, Mexico, and Canada)

South America (Brazil etc.)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia

The cost analysis of the global Space Cloud Computing market has been performed while keeping in mind manufacturing expenses, labour costs, raw materials, their market concentration rate, suppliers, and price trend. Other factors such as supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Space Cloud Computing market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Space Cloud Computing market.

Table of Contents

Global Space Cloud Computing Market Research Report 2022 - 2029

Chapter 1 Space Cloud Computing Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Space Cloud Computing Market Forecast

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COMTEX_431554477/2769/2023-05-03T05:00:06

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Space Cloud Computing Market to Flourish with an Impressive ... - Digital Journal

News Americas, NEW YORK, NY, Mon. May 8, 2023: Latin America has become an increasingly important market for cloud infrastructure developments in recent years. The region presents many attractive opportunities for cloud service providers, with a large population of over 600 million people and a growing demand for cloud-based services.

One of the main reasons why Latin America is a propitious location for cloud infrastructure developments is due to the underserved status of the region. Many countries in Latin America lack the necessary infrastructure to support modern technologies, such as cloud computing.

There is a significant demand for cloud-based solutions to bridge the digital divide and provide access to modern technology to a wider population. The market has a wider consumer base that interests global brands looking to establish their presence in this region. Nevertheless, without a proper framework, it is difficult to scale business growth. This is the primary reason to develop the cloud industry in these countries.

Additionally, Latin Americas large population, often concentrated in major metropolitan hubs, presents an opportunity for cloud service providers to tap into a significant customer base. The region has a rapidly growing middle class, which is increasingly becoming more tech-savvy and reliant on cloud-based solutions for both personal and business use.

Moreover, Latin America has shown a receptivity to other countries cloud computing and provides a competitive advantage for cloud providers seeking to expand their services in the region, as they can leverage existing relationships and knowledge to gain a foothold in the market. This step is imperative to both external and domestic companies looking to scale their growth by gauging consumer preferences.

The endless possibilities of cloud infrastructure in the emerging markets of Latin American countries will offer seamless options for carrying out business and the growth can be exacerbated.

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Latin America - How The Pandemic Accelerated Cloud Adoption In ... - Caribbean and Latin America Daily News - News Americas

Enable global deployment of dedicated links to edge VMs and containers in minutes.

DALLAS, May 8, 2023 /PRNewswire/ -- StackPath, the most complete and integrated edge computing platform for latency-sensitive and decentralized applications, and Console Connect by PCCW, an easy-to-use platform for the Software Defined Interconnection of applications and infrastructures, have partnered to enable Console Connect to provision direct network connections to the StackPath platform. Businesses can have dedicated links between StackPath and on-premises or third-party networks provisioned in minutes, accelerating their time-to-market, and improving the security and performance of their multi-/hybrid-cloud workloads.

"We're proud to be the first edge compute provider in the Console Connect ecosystem, and the possibilities this brings the market," said Kevin Odden, StackPath Chief Revenue Officer. "We built StackPath for applications that need speed, and are designed to run across the internetnot just on-premises or in a public hyperscale cloud. Pairing our ability to deploy Edge Computeinstances around the world in minutes or less with Console Connect's ability to deliver dedicated links in the same time frame is a game changer."

"We built StackPath for applications that need speed, and are designed to run across the internet."

Console Connect allows users to self-provision private, high-performance connections among a global ecosystem of enterprises, networks, clouds, SaaS providers, IoT providers, and application providers.

StackPath provides edge computing solutions, including virtual machines and containers, within 43 major metro markets around the world. These edge locations are strategically placed to minimize the physical distance between the platform and the source or destination of an internet-centric workload's data, reducing latency. With a robust orchestration platform designed for distributed applications, workloads can be configured once and deployed around the world within minutes.

Using Console Connect's self-service portal or API, businesses can now create point-to-point Layer 2 or Layer 3 connections to StackPath, with the ability to scale bandwidth in real-time to meet their needs.

StackPath edge locations in Los Angeles, Chicago, and Singapore will be the first available for connection via Console Connect, with more locations to follow. Orders can be made and more information is available at Console Connect MeetingPlace.

About StackPathStackPath is a cloud platform built at the internet's edge, providing infrastructure and services physically closer to the source or destination of data than hyperscale cloud service providers. StackPath Edge Compute (including virtual machines and containers), Edge Delivery (including CDN and serverless scripting), and Edge Security (including DDoS Protection and WAF) solutions run in edge locations strategically deployed in high-density markets and united by a secure global network and a single management system. Customers ranging from Fortune 50 enterprises to one-person startups trust StackPath to give their latency-sensitive workloads and real-time applications the speed, security, and efficiency they require.

Contact:[emailprotected]

SOURCE STACKPATH, LLC

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StackPath and Console Connect Partner to Provide On-Demand ... - PR Newswire

Cloud computing has revolutionised the IT industry over the past decade, enabling businesses to outsource many of their IT functions to remote servers, reduce operational costs, improve efficiencies, and enhance flexibility.

By Michele Cito, director: partner sales regional at Red Hat

While the private sector has been quick to adopt cloud-based solutions, the public sector has been slower in its uptake. However, this trend is slowly changing as more and more governments and public institutions in the EMEA (Europe, the Middle East, and Africa) region are embracing cloud services to drive innovation, streamline operations, and achieve cost savings.

Traditional on-premise IT systems are expensive to acquire, install, and maintain, and require significant IT personnel resources to operate effectively. In contrast, managed cloud services eliminate the need for large capital investments in IT infrastructure and reduce operational costs by providing a pay-per-use model. According to a survey conducted by the European Union Agency for Cybersecurity (ENISA) in 2020, cost savings were cited as the most significant driver for cloud adoption among public sector organisations in the EU.

For example, in EMEA our public sector customers are showing their need to accelerate their cloud adoption, differentiating their cloud deployments between public cloud and sovereign cloud, depending on the sensitivity of the information and services managed.

Cloud services refer to the delivery of on-demand computing resources, including applications, storage, and processing power, over the internet. Instead of owning and maintaining physical servers and other infrastructure, cloud services allow businesses and individuals to use a shared pool of resources that are maintained and managed by a third-party provider.

Cloud services offer several advantages, such as scalability, flexibility, cost-effectiveness, and ease of use, making them an increasingly popular choice for businesses and individuals looking to leverage technology to achieve their goals.

Improving agility and responsiveness

Managed cloud services can help public sector institutions to improve their agility and responsiveness to changing business environments. Cloud-based solutions offer enhanced flexibility, scalability, and availability, enabling organizations to rapidly adapt to changing business environments without worrying about the constraints imposed by traditional IT infrastructure.

For instance, the Covid-19 pandemic has encouraged many public sector organizations to rapidly adapt to remote work environments, which would have been almost impossible without the use of cloud-based applications.

Another significant benefit of cloud adoption is improved data security and compliance. Cloud providers invest heavily in cybersecurity and data protection, providing organizations with robust security measures and reliable backup solutions.

Additionally, cloud services can help public sector organisations comply with various data privacy and regulatory requirements such as the General Data Protection Regulation (GDPR), which mandates strict privacy and data protection measures for EU citizens.

Despite the many advantages of cloud adoption, public sector organizations in EMEA face specific challenges when transitioning to the cloud. One of the biggest obstacles is the complex regulatory environment, which often differs across regions and countries. Moreover, many public sector organizations face resistance from IT personnel who are hesitant to embrace new technologies and processes; this challenge can be overcome by investing in staff training and development programs.

In addition, digital sovereignty is a growing concer as companies and governments are increasingly relying on cloud providers to store and process their data. The issue arises from the fact that cloud providers, often located in other countries, have access to sensitive data and can be subject to the laws and regulations of their own jurisdictions.

To address this issue, there is a need to establish policies and regulations that promote digital sovereignty, such as data localization requirements and the development of domestic cloud services, while also ensuring that international data flows are not unduly restricted.

In conclusion, the public sector adoption of cloud computing services in EMEA is picking up pace, driven by cost savings, increased agility, and data protection benefits. Although challenges remain, public sector institutions that proactively embrace cloud technologies can gain significant benefits in terms of operational efficiencies, cost savings, and improved security. With the right strategies and investments, the public sector can deliver more responsive and cost-effective services to citizens, enabling them to thrive in a rapidly changing world.

Related

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How the EMEA public sector is adopting cloud services - IT-Online

Article sponsored by ECI Software Solutions

The COVID pandemic acted as a forcing function for the food and beverage industry to speed up their digital transformation. It was a perfect storm that revealed all of the cracks in the industrys foundation the rigidity of supply chains and the precariousness of the labor situation, to name just two. The rules of the game changed practically overnight, and many manufacturing operations broke because they werent flexible enough to bend.

As a result, manufacturers started taking a close look at their operations and rethinking them with an eye toward increasing agility and resilience. Now, macroeconomic uncertainty is reinforcing the need for businesses to prepare for the unexpected. This article takes a deep dive into what agility and resilience mean for the F&B industry, as well as how digital technologies can help manufacturers achieve these goals and, in doing so, future-proof their organizations.

It was very easy during the pandemic to see what happens when food and beverage operations arent agile or resilient: grocery shelves were empty. A USDA study found that median stock-out rates of fixed-weight items increased roughly 130% following March 15, 2020. The categories with the highest stock-out rates included meat and poultry products, convenience and frozen foods, baby formula, and carbonated beverages. The reasons for these stock-outs ranged from ingredient and packaging materials shortages to a lack of truck drivers to transport product, to consumers stockpiling non-perishables, to manufacturers that normally supply for foodservice being unable to transform their operations for retail.

But what does it mean to be agile and resilient?

These two qualities are often talked about in the same breath, as if theyre the same thing. But there are some key differences.

The National Institute of Standards and Technology defines them like this:

Steve Banker, VP of supply chain services at ARC Advisory Group, offers a colorful description:

Agility is an action, or the ability to take action; resilience is a strategy, or a business mindset. You have to be agile in order to be resilient.

So, in practical terms, what does an agile and resilient food and beverage manufacturer look like?

Here are some key hallmarks:

Digital transformation is the key to food and beverage manufacturers becoming agile, resilient organizations. Used correctly, almost any digital technology can contribute to this effort. Here, well look at a few of the critical solutions F&B companies should consider.

A digital twin is a virtual replica of a physical system, such as a manufacturing plant or an entire supply chain. By using digital twins, manufacturers can simulate different scenarios and test the impact of different decisions before implementing them in the real world. This can help manufacturers make more informed decisions, reduce the risk of costly mistakes, and become more responsive to changing market conditions.

In a whitepaper on Building Operational Resilience and Agility, Deloitte outlined how an India-based dairy cooperative used a digital twin to increase their revenue by $98 million during COVID lockdowns:

First, they had partnered with a technology provider to create a digital twin of their supply chain ecosystem, including supplier locations, plants, and customers / retailers. Using this system, they could see the capacity at which plants were operating, how many trucks were operational, and any idle capacity. They could also easily track customer demand, and they saw the demand for cheese and condensed milk increase sharply.

To meet this demand, the company started operating at 115% capacity. It used the digital twin to identify idle capacity and distribute the load. It then started using rail transport, which was considered an essential service, and secured partnerships with multiple e-commerce retailers. In addition, they increased advertising.

According to Deloitte, the digital twin allowed the company to reconfigure its agile supply chain ecosystemto sell more products and manage crises better.

When I started writing about the food industry back in 2015, many people I spoke with were hesitant about cloud computing. They were concerned with security risks and protecting their proprietary information. Today, the cloud is widely considered to be more secure than on-premises software.

EY calls cloud computing foundational for companies that are ambitious about moving and transforming at speed, meeting elevated customer expectations, and future-proofing their business. This is largely because of its speed and ability to connect multiple systems, providing the real-time end-to-end visibility that is a hallmark of an agile and resilient operation.

Digital twins and cloud computing fall under the umbrella of Industry 4.0. There are several other technologies in this category, and a group of researchers recently performed an analysis to identify which technologies have a direct impact on various supply chain resilience elements such as flexibility, redundancy, visibility, robustness, and information sharing.

Their conclusion? All of them contribute to resilience. For agility specifically, these are the technologies they identify: Internet of Things (e.g., sensors), cloud computing, big data analytics, artificial intelligence, digital twins, blockchain, industrial robotics, and additive manufacturing.

ERP is one of the best tools in a food and beverage manufacturers toolbox for informing day-to-day operations because it supports automation and processes across the entire business and provides real-time data to inform decision-making. According to ECI Software Solutions 2021 State of Manufacturing Digital Transformation survey, nearly 95% of manufacturers that use ERP say it helped them manage the impacts of the pandemic.

In a blog post, ECI Software Solutions highlighted four ERP trends that help manufacturers stay resilient:

Its clear that food and beverage manufacturers need to harness the power of digital technologies to future-proof their organizations. So, how do you do it? Just like with ERP, theres no one-size-fits-all answer. Every companys journey will be different.

Here are five recommendations from Deloitte for companies to target their digital transformation efforts:

Becoming truly agile and resilient requires food and beverage manufacturers to think about their operations a little differently than they did 10 or 20 years ago. By looking at their entire business ecosystem with an eye toward preparing for the unexpected, companies can ensure the ability to quickly adapt to changing circumstances (agility), which will support future-proofing, no matter what the future might bring (resilience). Embracing the digital transformation is the only way the industry will be able to reach this lofty goal.

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How Digital Technology Helps F&B Manufacturers Become More ... - Food Industry Executive

by Sharon Florentine May 8, 2023

Sourcepass has acquired Proxios, a Virginia-based technology and solution provider. Financial terms of the deal were not disclosed.

This is technology M&A deal number 140 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2022, 2021, and 2020 listed here.

Sourcepass, founded in 2021, is based in New York, New York. The company has 195 employees listed on LinkedIn. Sourcepass areas of expertise include IT services and consulting, SaaS, robotic process automation and AI.

Proxios, founded in , is based in Midlothian, Virginia. The company has 50 employees listed on LinkedIn. Proxios areas of expertise include Business IT Transformation, IT Secuity, Agile Coaching & Transformation, Cloud Computing, Hybrid Cloud Computing, Infrastructure Services, Virtual Desktop, Unified Communications, Network Management, Disaster Recovery, IT Managed Services, DFARS Compliance, Network Assessment, CISO, CIO, Project Management, Backup and Recovery, Office365, Data Recovery, Data Backup, IT Budget, IT Budget Planning, IT Infrastructure Assessment, Data Security Assessment, Security Assessment, IT Budget Assessment, Azure, Office 365, Microsoft, and Citrix.

The acquisition is Sourcepass seventh within the last 12 months and will further the companys growth strategy, enabling them to expand their physical presence in the mid-Atlantic states while deepening their portfolio of clients in the healthcare, legal, and non-profit sectors, the company said. More than 50 Proxios employees will join the Sourcepass team and add expertise in cloud and network management services.

Chuck Canton, founder and CEO, Sourcepass

Chuck Canton, founder and CEO at Sourcepass, commented on the news:

After many conversations, it became evident that there was a strong value alignment between our two organizations. In Proxios, we found a partner who further enhances our capabilities and is as committed to providing a high-quality experience to clients as Sourcepass.

Patrick Butler, CEO of Proxios, added:

In addition to many shared values, there were some exciting complementary service offerings between Sourcepass and ProxiosOur clients will now have significantly more resources to leverage and a broader set of services from which to choose. Given these benefits, we knew joining Sourcepass was in the best interests of both our employees and clients.

This is the seventh acquisition for Sourcepass. In December 2022, Sourcepass acquired CCSI.

Other key deals include:

In addition, the company recently raised an additional $65 million in funding, bringing its total funding to$135 million. This investment will be used to further the companys strategic initiatives, including the launch of Quest, an AI-powered digital transformation platform. Sourcepass also said it plans to continue its expansion with a series of strategic acquisitions throughout 2023 aimed at increasing its vertical market reach and bolstering its portfolio of services and talent resources.

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Sourcepass Acquires Proxios to Expand Mid-Atlantic Reach - ChannelE2E