Category Archives: Cloud Computing

Public cloud computing was poised on the edge of the mainstream for several years before the world was locked down in early 2020. Since then, firms pandemic-driven digital transformation efforts have accelerated the uptake of these cloud services, making them widelypopular.

Global expenditure on public cloud providers is estimated to have risen from $270bn (200bn) in the first year of the pandemic to more than $330bn in 2021, according to Gartner. It notes that the Covid crisis has helped many chief information officers to overcome resistance in their organisations to removing mission-critical IT resources from their premises and entrusting a third-party provider to host and manage theminstead.

Partly because of this shift, there has been a marked increase in the amount of data thats being collected and stored. Although using a public cloud offers several benefits, there are also some potential pitfalls to avoid. Particularly when moving their data to the cloud, organisations need to take these risks intoaccount.

Before they even start down this road, a firm needs to work out whether a public cloud will be a suitable repository for all workloads its not a one-size-fits-all option.

When assessing potential providers, a business must understand how data will be generated, used and, sometimes, transferred back to its own systems from the cloud. This is because the process of repatriating material can be expensive for clients. So-called data-egress fees are arguably some of the most unexpected (and therefore unbudgeted) costs of cloud usage. The existence of these well-hidden charges means that moving to the cloud wont necessarily be cheaper than keeping everything in house. Organisations should therefore ensure that they fully understand the potential costs and complexities associated with putting their data back on the premises if they should choose to do so in thefuture.

Once a provider has been chosen and the migration is under way, the biggest risk is not having an accurate picture of what data is held, where it is held and what access and security measures the data needs to have. So says Tony Lock, director of engagement and distinguished analyst at IT research firm Freeform Dynamics.

Given the rapid growth in the volume of material being generated and stored in the cloud, organisations need the ability to efficiently discover and classify all their data. This means that they should seek to automate as many processes as possible, Lock advises. At the same time, they need to establish policies designed to ensure that this data is adequately protected with measures that conform to regulatory requirements.

When it comes to entrusting the storage of business-critical data to a third party, how should companies balance the convenience of public cloud computing with the need to maintain the integrity and security of highly sensitive material?

This is a matter for each organisation to decide independently, based on its risk profile and the extent to which it wants to feel in control, says Jaco Vermeulen, chief technology officer at IT consultancy BMLDigital.

Vermeulen, who has overseen cloud migrations for companies including the Post Office and Park Holidays UK, advises businesses dealing with such questions to define security policies and structures, and monitor and automate scalability rules. They should also select the appropriate public cloud service provider, relevant components and servicelevels.

Dont rush into the cloud because its the hot thing todo

Nick Heudecker, senior director of market strategy and competitive intelligence at data specialistCribl, stresses that organisations should not treat cloud migrations as a purely technical task totackle.

Moving applications, or reliably deploying new ones, in a public cloud environment will certainly present such challenges there are many technical hurdles to overcome, he acknowledges. But, for an organisation to gain the full advantage of on-demand, abundant scale and flexibility, it will have to rethink how it works. The challenges it faces are therefore just as much social and organisational ones.

Heudecker adds that, while business leaders may be eager to switch off their firms on-site data centres in their eagerness to get into the cloud, the migration process can potentially takeyears.

For the things you can move, think about how youll monitor and observe these systems as they migrate between environments, he advises, observing that many of Cribls clients use a technology that it calls an observability pipeline to aid their migrations.

Lock advises organisations to identify all their data, classify it and determine their options from there. You may even find that some of your on-site data requires different security and access requirements from those actually in place, especially if these havent been reviewed and/or updated in a long time, he says. This is really all about data governance an issue that can be overlooked, especially as there may be requests to bring data together from various sources for a given project. Combining data from different sources, in the cloud or on your premises, can create different protection and usage requirements, especially with regard toprivacy.

Bruce Edwards is director of technology at Stage11, a virtual entertainment platform. As an engineer whos helped companies such as the Walt Disney Studios, Sony Pictures Entertainment and Dine Brands Global to migrate to public clouds, he is well placed to advise firms seeking to make similarmoves.

Dont rush into the cloud because its the hot thing to do, he stresses. Approach it with a plan in mind and consider what youre looking to accomplish. This is a huge undertaking. If you do it right, it can transform a company of any size for the better. If you rush it, youll end up with a cost-ineffective mess on your hands. My strongest advice is to first ask yourself one simple question: whats best for the business? Then do your research and plan for the road farahead.

Edwards continues: Explore the numerous types of cloud providers at your disposal to find the one that best suits your needs. Weigh the benefits of each for both your company as it is today and the business you want it to become. Work with cloud experts that specialise in your companys area of expertise, preferably with direct experience in your industry. Together, you can map out your journey to the cloud. Keep in mind that not everything has to be moved at once. Give yourself the freedom to be patient and learn as yougo.

Continue reading here:

What you should know about the risks of migrating to the cloud - Raconteur

Quantum computing offers the potential to harness big data, make intricate predictions and use artificial intelligence (AI) to revolutionize business operations. Many industries such as automotive, agriculture, finance, healthcare, energy, logistics and space will be affected from the growth in this technology. As a result, Wall Street has been paying significant attention to quantum computing stocks.

Once considered science fiction, quantum computing has made significant progress in recent years to solve complex problems at lightning speed. This advanced technology uses the power of quantum mechanics to represent complex problems. These computers can take seconds to calculate equations that normally take days for machines that use a binary framework.

International Data Corporation forecasts that the global market for quantum computing should grow from about $412 million in 2020 to more than $8.5 billion in 2027. This increase would mean a compound annual growth rate (CAGR) of an eye-popping 50% between now and 2027. Given such metrics, its understandable why investors are thrilled about the future of quantum computing stocks.

While it is currently in its early days, Wall Street has already warmed up to long-term prospects of this technology. Besides several pure-play quantum computing stocks going public in 2021, well-known tech names are pouring significant research dollars to invest in this advanced segment.

With that information, here are the seven best quantum computing stocks to buy in 2022:

52-week range: $142.25 $191.95

Dividend yield: 1.7%

Semiconductor group Analog Devices manufactures integrated circuits that process analog and digital signals. ADIs chips are used in data converters, high-performance amplifiers and microwave-integrated circuits.

Analog Devices issuedQ4 2021 metricson Nov. 23. Revenue increased 53% year-over-year (YOY) to $2.34 billion. Adjusted earnings soared from $1.44 per share to $1.73 per share. The company generated a free cash flow of $810 million. Cash and equivalents ended the period at $1.98 billion.

Factory automation has fueled demand for sensors and machine connectivity, which increasingly rely on Analogs chips. In addition, the automotive industry has also become a key growth driver due to the rising use of advanced electronics in electric vehicles (EVs).

In late August, the chipmaker completed theacquisition of Maxim Integrated. The billion transaction should increase ADIs market share in automotive and 5G chipmaking.

ADI currently trades just under $160, up 7% over the past 12 months. Shares are trading at 21.5 times forward earnings and 8.9 times trailing sales. The 12-month median price forecast for Analog Devices stock stands at $210.

52-Week Range:$42.96 $57.15

Expense Ratio:0.40% per year

QTUM is an exchange-traded fund (ETF) that focuses on the next generation of computing. It offers exposure to names leading the way in quantum computing, machine learning and cloud computing. The fund tracks the BlueStar Quantum Computing and Machine Learning Index.

QTUM, which started trading in September 2018, has 71 holdings. The top 10 holdings account for less than 20% of net assets of $161.5 million. Put another way, fund managers are not taking major bets on any company.

Among the leading holdings on the roster are the security and aerospace company Lockheed Martin(NYSE:LMT), French telecommunications operator Orange(NYSE:ORAN) and IBM.

For most retail investors, QTUM could potentially be a safe and diversified place to start investing in quantum computing. As portfolio companies come from a wide range of technology segments, wide swings in the price of one stock will not affect the ETF significantly.

The fund has gained 8.7% over the past year and saw an all-time high in November 2021. However, the recent selloff in tech stocks led to a 10.7% decline year-to-date (YTD). Interested readers could regard this decline as a good entry point into QTUM.

52-week range: $113.17 $146.12

Dividend Yield: 4.8%

Technology giant International Business Machines (IBM) needs little introduction. The legacy tech name offers integrated solutions and services, including infrastructure, software, information technology (IT) and hardware.

IBM announcedQ4 2021 financials on Jan. 24. The company generated revenues of $16.7 billion, up 6.5% YOY. Net income stood at $2.33 billion, or $2.57 per diluted share, up from $1.36 billion, or $1.51 per diluted share, in the prior-year quarter. Cash and equivalents ended the period at $6.65 billion.

After the announcement, CEO Arvind Krishna said, We increased revenue in the fourth quarter with hybrid cloud adoption driving growth insoftware and consulting.

The company launched its Quantum System One quantum computer in 2019. Around 150 research groups and partner companies currently use IBMs quantum computing services. These names come from financial services businesses, automakers and energy suppliers.

In June 2021, IBMunveiledEuropes most powerful quantum computer in Germany. Moreover, the tech giant recentlyannounced a deal with Raytheon Technologies(NYSE:RTX) to provide quantum computing and AI services for the aerospace, defense and intelligence industries.

IBM currently changes hands around $137, up 20% over the past 12 months. Shares are trading at 13.5 times forward earnings and 2.2 times trailing sales. The 12-month median price forecast for IBM stock is $144.50. Interested readers could consider buying IBM shares around these levels.

52-week range: $7.07 $35.90

IonQ is one of the first publicly traded pure-play quantum computing stocks. It went public via a merger with the special purpose acquisition company (SPAC) dMY Technology Group III in late 2021.

The quantum name released Q3 2021 results on Nov. 15. Its net loss was $14.8 million, or 12 cents loss per diluted share, compared to a net loss of $3.6 million a year ago. Cash and equivalents ended the quarter at $587 million. Wall Street was pleased that at the time, YTD contract bookings came in at $15.1 million.

IonQ is currently developing a network of quantum computers accessible from various cloud services. The technology uses ionized atoms that allow IonQs machines to perform complex calculations with fewer errors than any other quantum computer available.

The start-up has the financial backing of prominent investors, including Bill Gates and the Japanese telecommunications companySoftbank Group(OTCMKTS:SFTBF). In addition, IonQ has been developing strategic partnerships with Microsoft, Amazons (NASDAQ:AMZN) Amazon Web Services and Alphabets(NASDAQ:GOOG, NASDAQ:GOOGL) GoogleCloud.

While IonQ is taking steps to become a commercialization-stage name, it is still a speculative investment. With its potential for explosive growth, it could be an attractive quantum computing stock for investors looking to take a risk.

IONQ stock hovers around $12. The recent selloff in tech stocks has led to a 26.7% decline YTD. Yet, the 12-month median price forecast for IONQ stock stands at $23.

52-week range: $224.26 $349.67

Dividend Yield: 0.8%

Microsoft is one the largest and most prominent technology firms worldwide. It offers software products and services, including Azure cloud service, the Office 365 productivity suite and the customer relationship management (CRM) platform Dynamics 365.

Meanwhile, the Microsoft Quantum is the worlds first full-stack, open cloud quantum computing ecosystem that allows developers to create quantum applications and run them on multiple platforms. The software giant provides quantum computing services via the cloud on Azure.

Management announced robust Q2 FY22 metricson Jan. 25. Revenue increased 20% YOY to $51.7 billion. Net income surged 21% YOY to $18.8 billion, or $2.48 per diluted share, compared to $15.5 billion, or $2.03 per diluted share, in the prior-year quarter. Cash and equivalents ended the period at $20.6 billion.

On Jan. 18, Microsoft announced plans to acquire Activision Blizzard(NASDAQ:ATVI), a leading player in game and interactive entertainment development. It will be an all-cash transaction valued at $68.7 billion. Wall Street expects this deal to provide tailwinds for Microsofts gaming business and building blocks for the metaverse.

MSFT stock currently trades just under $310, up 27% over the past 12 months. Shares support a valuation of 32.6 times forward earnings and 12.3 times trailing sales. And the 12-month median price forecast for Microsoft stock stands at $370.

52-week range: $115.67 $346.47

Dividend Yield: 0.06%

Santa Clara, California-based Nvidia has become an important name in advanced semiconductor design and software for next-generation computing development. InvestorPlace readers likely know the chipmaker is a market leader in the gaming and data center markets.

Nvidia announced impressive Q3 FY 2022 numbers on Nov. 17. Revenue soared 50% YOY to a record $7.1 billion, fueled by record sales in the gaming and data center businesses. Net income increased 62% YOY to $2.97 billion, or $1.17 per diluted share. Cash and equivalents ended the period at $1.29 billion.

The chipmaker provides the necessary processing power that drives the development of quantum computing. Additionally, Nvidia recently released cuQuantum, a software development kit designed for building quantum computing workflows. It has partnered with Google, IBM and other quantum computing players that rely on cuQuantum to accelerate their quantum computing work.

Given its growing addressable market in cloud computing, gaming, AI, and more recently the metaverse, NVDA stock deserves your attention. Share are changing hands around $245, up nearly 80% over the past year. However, despite an 18% decline YTD, shares are trading at 46.5 times forward earnings and 25 times trailing sales.

Finally, the 12-month median price forecast for Nvidia stock is $350. As the company gets ready to report earnings soon, investors should expect increased choppiness in price.

52-week range: $9.62 $12.75

Our final stock is Supernova Partners Acquisition II, a SPAC. It is merging with Rigetti Computing, a start-up focused on quantum computer development. As a result of the merger, Rigetti Computing was valued at about $1.5 billion and received $458 million in gross cash proceeds.

Rigetti designs quantum chips and then integrates those chips with a controlling architecture. It also develops software used to build algorithms for these chips.

Rigetti recently announced business highlightsfor the nine months ended Oct. 31, 2021. Revenue came in at $6.9 million. Net operating loss declined 3% YOY to $26.2 million.

We believe the time for quantum computing has arrived, said founder and CEO Chad Rigetti. Customer demand is increasing as Rigetti quantum computers begin to address high-impact computational problems.

The start-up launched the worlds first scalable multi-chip quantum processor in June 2021. This processor boasts a proprietary modular architecture. Now Wall Street expects the company to move toward commercialization.

Rigetti collaborates with government entities and technology to advance its quantum processors. For instance, it boasts strategic partnerships with the National Aeronautics and Space Administration (NASA) and the U.S. Department of Energy. It also works with data analytics firm Palantir Technologies (NYSE:PLTR) and electronics manufacturer Keysight Technologies(NYSE:KEYS).

SNII stock is currently shy of $10, down about 4% YTD. As investors interest in quantum computing names grow, shares are likely to become hot.

On the date of publication, Tezcan Gecgil holds both long and short positions in NVDA stock. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

TezcanGecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation.

More here:

7 Best Quantum Computing Stocks to Buy in 2022 - InvestorPlace

Worldwide spending on cloud infrastructure has been on a sharp annual increase for the past decade. Investment in storage, hardware, virtualization and other cloud-enabling resources is expected to hit $74 billionby the end of 2021, and reach at least $110 billion by 2024. Its perhaps the clearest metric yet that cloud computing is not only here to stay but will soon become one of the most viable ways to run a successful organization. If your business doesnt utilize cloud technology, it may as well not exist as far as the competition is concerned. If the necessity of the cloud was ever in doubt, the pandemic laid those doubts to rest.

They say necessity is the mother of invention, and thats certainly true looking back over the past two years. Businesses that were already flirting with cloud computing, exploring technologies like SD-WAN and SASE to optimize the remote working experience, have suddenly found themselves on a fast track to wholesale cloud adoption. According to McKinsey, a significant number of businesses are suffering a kind of technology whiplash after fitting a decades worth of digital transformation into the space of just three months. That kind of rapid innovation is necessary if you want to keep employees connected from their kitchen tables without skipping a beat, and it doesnt look like that innovation is going to slow down any time soon.

Were now two years into the pandemic and while theres certainly light at the end of the tunnel, the immediate future remains shrouded in mystery. In the UK, for instance, where vaccine rollouts have been a relative success, new work-from-home orders have just been announcedas we see out the year, spurring IT teams around the country back into action as they once again facilitate remote working. Is it any wonder that more than a third of businesseshave increased their spend on cloud technology since the beginning of the pandemic?

As we alluded to in the first paragraph, cloud adoption has been growing pretty consistently since around 2012. Businesses around the world were already seeing the benefits of cloud technology; the pandemic merely acted as a catalyst for those that were on the fence. One of the technologies underpinning this rapid shift to the cloud appears to be the use of an internet underlay to facilitate business as usual in a hybrid working world.

Traditional MPLS and WANs that are centralized in big data centers are all well and good when everybody is office-based and sharing the same access points, but their benefits are immediately lost the minute someone decides to log on from home. With a large amount (42%) of staff keen to carry on working from home, and business leaders downsizing their offices to accommodate hybrid working, the challenge is beginning to crystalize. Businesses need a way to offer the same levels of service, security, speed and capacity via the public internet, as they do on their own office-based networks. Thats where SD-WAN, SASE and internet underlay technologies have come to age in a post-pandemic landscape.

Lets reflect on the potential benefits of SD-WAN and SASE. If a business with more than 50 sites worldwide, each operating on multiple MPLS-based networks, is suddenly told that their staff must work from home, they have a problem. The online security environments at the different sites are likely to vary, making processes much harder to shift from one network to the other. Using a basic VPN solution to allow staff to log in from home can also lead to a massive knock in performance as traffic flows between data sources and applications becomes harder to track and define. In other words, the employee experience degrades the minute they switch to remote working, leading to increased frustration and lower productivity.

But what if that wasnt the case? What if security could be standardized across all 50 sites, including employees' homes and other remote work locations? What if traffic flows and app usage could be monitored in real-time, allowing for a more streamlined allocation of resources, regardless of where a team member is logging on from? This is what SD-WAN and SASE deliver, and its likely to be the future of cloud.

Take the art of cloud acceleration, for instance. There was a time when packet loss was seen as a huge problem leading to performance loss, an obstacle to overcome. Cloud acceleration as part of an internet underlay, however, would view this packet loss as nothing more than useful information and turn it to an organizations advantage. Those packet losses can be traced to their sources and remedied while traffic is re-routed - sometimes via less obvious paths - to maintain a seamless user experience.

This real-time optimization of the web experience is likely to be the next generational leap as we move forward into a hybrid working environment. The future might be uncertain, but at least itll be fast, secure and offer employees a consistent experience, whether theyre dialing in from their home broadband or sitting around the boardroom table.

See the article here:

Future of Cloud: Digital Transformation in a Post-Pandemic World - The Fast Mode

[92 Pages Report] Microserver Market Insights 2022 This report contains market size and forecasts of Microserver in United States, including the following market information:

United States Microserver Market Revenue, 2016-2021, 2022-2027, (USD millions)

United States top five Microserver companies in 2020 (%)

The global Microserver market size is expected to growth from USD 30200 million in 2020 to USD 51350 million by 2027; it is expected to grow at a CAGR of 7.4% during 2021-2027.

The United States Microserver market was valued at USD million in 2020 and is projected to reach USD million by 2027, at a CAGR of % during the forecast period.

The Research has surveyed the Microserver Companies and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Get a Sample PDF of report https://www.360researchreports.com/enquiry/request-sample/19527161

Leading key players of Microserver Market are

Microserver Market Type Segment Analysis (Market size available for years 2022-2027, Consumption Volume, Average Price, Revenue, Market Share and Trend 2015-2027): Hardware, Software, Service

Regions that are expected to dominate the Microserver market are North America, Europe, Asia-Pacific, South America, Middle East and Africa and others

If you have any question on this report or if you are looking for any specific Segment, Application, Region or any other custom requirements, then Connect with an expert for customization of Report.

Get a Sample PDF of report https://www.360researchreports.com/enquiry/request-sample/19527161

For More Related Reports Click Here :

Live Cell Encapsulation Market In 2022

Portable HbA1c Analyzers Market In 2022

Read the original post:

(New Report) Microserver Market In 2022 : The Increasing use in Media Storage, Data Center, Data Analytics, Cloud Computing is driving the growth of...

The cloud computing job market is growing rapidly, but its not keeping pace with global cloud innovation.

Cloud vendors continue to grow their product offerings and expand their engagement with advanced technologies like artificial intelligence (AI) and the Internet of Things (IoT). Cloud users continue to increase their cloud usage or migrate their workloads to the cloud for the first time. In all of these cases, more cloud professionals are needed to manage cloud solutions, but the supply of these skilled workers continues to fall short of the demand.

Whether youre looking to hire a cloud computing professional or get hired for a cloud role, its important to know the conversations that are happening in this market and how expectations for cloud work are changing. Read on to learn about five of the trends experts are seeing in the cloud computing job market today.

Also read: Top Trends in Cloud Computing

As more companies move their legacy applications and infrastructure to the cloud, it becomes crucial to assess and refresh security for the new environment.

Many cloud platforms offer software-as-a-service (SaaS) and third-party security solutions, but companies are increasingly hiring cloud professionals with security skills as well.

Dan Lohrmann, field CISO at Presidio, a cloud infrastructure and security company, said cybersecurity and zero-trust knowledge are fundamental skill sets for cloud candidates to possess.

Cloud architects, specialists, and analysts with experience in cloud security, identity management, and data backups are crucial, Lohrmann said.

Zero-trust edicts in the public sector and desires to move in this zero-trust direction in the private sector are driving a demand for skills to configure various toolsets securely.

Learn more about cloud security: Top Trends in Cloud Security

Cloud professionals are expected to gain additional technical strengths they can bring to the company.

Mattias Andersson, senior community training architect and instructor for A Cloud Guru, a Pluralsight education company, believes additional skill sets in security and data are helpful for a cloud computing professional looking for a secure career path forward.

Because cloud is becoming more integrated into systems, more positions are becoming cloud plus and requiring experience with both cloud and some other part of IT, Andersson said. Some examples include cloud plus development, cloud plus data, cloud plus operations, and cloud plus security.

Software developers who can leverage cloud services without the help of architects or operations teams are particularly valuable. Because cloud services are becoming even more efficient and accessible as they trend toward higher abstractions, any experience with serverless anything is quite valuable.

Andersson explained the value of getting experience with multiple major cloud platforms and experience with setting up and running a multicloud environment.

Companies are looking for people with multicloud skills, if they can find them, Andersson said. Even if theyre not already using multiple clouds right now, many companies are looking toward that multicloud possibility and want to onboard multicloud expertise.

Sometimes, companies have concrete plans around various clouds, but even if multicloud skills are not written into the job posting, multicloud skills are on many hiring managers minds. And they would love to gain an in-house resource they could consult on multicloud ideas theyre considering.

Expand your data knowledge: 10 Top Data Science Certifications

Cloud computing professionals are looking for a company that will help them advance their cloud learning and try new skills.

Paul Haverstock, VP of engineering at Cloudways, a managed cloud hosting platform, explained how some cloud specialists want to hone their skills with a particular cloud platform, while others want to expand their reach into other major platforms. All of them, he said, want the opportunity to continue their learning on the job.

Often developers have in-depth knowledge and understanding of one of the cloud platforms AWS being the most prevalent by far, Haverstock said. Many developers who have developed expertise in a given cloud platform want to continue to work in that environment. They want to maintain and increase their investment in the platform they know best. as this increases their value in the market.

A smaller percentage of developers want to branch out from the platform they know the best to learn another.

In all cases, candidates want the chance to learn more and take advantage of training to increase their cloud computing expertise. They want to learn and use the latest services, so their pace of learning and experience matches the pace of innovation of cloud services.

Leon Godwin, principal cloud evangelist at Sungard AS, a digital transformation and infrastructure company, explained why cloud employees are most drawn to companies that give them hands-on opportunities to lead and learn through projects that contribute to the business.

Cloud talent knows the supply and demand paradigm that exists in the marketplace, Godwin said. This enables them to be more selective.

Salary is always going to be a key driver, but beyond that, talent is looking for organizations where they can make a meaningful contribution, while also growing their career. This requires giving them both authority and responsibilities.

Empowering your talent is the foundational building block of a cloud culture. Additionally, they are looking for their contribution to be valued and for their voice to be both sought and heard.

Also read: 5 Cloud Networking Trends

Especially because cloud specialists are in such short supply, those with in-depth cloud knowledge are expected to share cloud products, progress, and needs with a wider business audience.

Knowing how the cloud works and explaining it to others are two different skill sets, but candidates who can do both will have the biggest opportunities for career growth.

Godwin from Sungard AS believes the right mixture of skilled cloud expertise and wider administrative and sales proficiency in cloud talent is the key to getting hired for top-level cloud positions.

Delivering and managing cloud outcomes requires an understanding of the target platforms, systems administration, and infrastructure as code, Godwin said.

Experience is a significant advantage. However, this specific mix of skills is hard to come by, as third-line people may have the administration skills but often lack coding or platform knowledge. Likewise, people with a programming background often lack an understanding of systems administration or the nuances of a cloud platform. Modern cloud talent should have a deep breadth of knowledge and should be comfortable liaising with customers and communicating complex challenges in easily understandable terms.

Learn more about the greater cloud market: Cloud Computing Market

Cloud infrastructure already makes it possible for companies and their workforces to be more globally distributed, and more companies are expanding their cloud recruiting efforts to new global markets.

Amitabh Sinha, CEO of Workspot, an enterprise SaaS and desktop cloud platform, said companies are looking in new places for full-time and contract talent to fill cloud team gaps.

To address the talent scarcity, many are extending their hiring searches to a global scale, creating global collaboration platforms and augmenting teams with contract resources, Sinha said.

As the phenomenon continues, we can expect to see more global collaboration, with companies increasingly hiring talent from South America and Eastern Europe, for example.

Read next: Top 50 Companies Hiring for Cloud Computing Roles

Read more:

Trends in the Cloud Computing Job Market 2022 - Datamation

The momentum for cloud computing adoption continued to intensify in 2021 as more organizations turned to cloud providers, solution providers and SaaS companies to help them navigate a second year of the coronavirus pandemic.

Citing a golden age for the technology sector, Wedbush Securities called the growth prospects around cloudand cybersecurity unparalleled to any period since it started covering technology stocks in 2000. It forecasts $1 trillion of cloud spending in the coming years with huge investments also focused on big data analytics, cybersecurity, artificial intelligence and 5G.

Customers have been moving past lift-and-shift migrations from on-premises to the cloud simply to keep their organizations running. A wave of enterprise digital transformation spending fueled double-digit revenue growth for cloud leaders Amazon Web Services, Microsoft Azure and Google Cloud and a host of other providers. Theyre building what Microsoft CEO Satya Nadella refers to as tech intensity by leveraging the latest cloud technologies to innovate. Theyre also using more cloud-based collaboration and productivity tools for their hybrid workforces including Microsoft 365 and its mega-popular Teams and Google Workspaceto prepare for what those workforces and their offices will look like in a post-pandemic world.

CRNs Cloud 100 list recognizes the coolest cloud computing companies in cloud infrastructure, monitoring and management, security, software and storage, highlighting 20 in each category.

Joining AWS, Microsoft and Google Cloud on the cloud infrastructure list are familiar legacy tech names making cloud plays such as Dell, IBM and Oracle, a startup offering cloud-native infrastructure services powered by Kubernetes and a division of telecommunications provider Verizon.

CRNs selections for cloud monitoring and management include a cloud-native logging and security analytics company, the creator of a software delivery platform that uses AI to simplify DevOps processes, and the provider of a SaaS platform for modern commerce.

Cloud security companies making the Cloud 100 this year help address customers needs as the type and number of cybersecurity attacks continue to escalate. Cloud companies and their partners and customers last year were plagued by cybersecurity vulnerabilities, threats and attacks, including the ongoing damage stemming from the attack on the SolarWinds Orion network monitoring platform; ransomware attacks against technology supplier Kaseya and IT consulting giant Accenture, among others; the compromise of Microsoft Exchange on-premises servers; and the discovery of critical vulnerabilities in the Java logging utility Apache Log4j to end the year. Those challenges came as regulatory and other compliance requirements also increased. New entrants on the Cloud 100 for security include iboss, a zero-trust cloud security provider that uses a containerized cloud architecture, and Illumio, which specializes in zero-trust segmentation.

Cloud providers have been ramping up their partner programs with independent software vendors whose technology offerings integrate with their platforms and are sold through their online marketplaces. The Cloud 100 software list runs from Adobe to Zoho, with new entrants ranging from a data observability pipeline company to the provider of an open-source, distributed SQL database for building cloud-native applications.

The coolest cloud storage companies, meanwhile, demonstrate the breadth of technologies in the evolving sector, from legacy storage hardware vendors NetApp and Pure Storage to a storageless data startup that developed a global file system technology that delivers software-defined storage services for data on any infrastructure or cloud.

The 20 Coolest Cloud Security Companies Of The 2022 Cloud 100

Heres a look at 20 cloud security vendors that have taken on todays wide-ranging management, segmentation, compliance and governance challenges.

The 20 Coolest Cloud Infrastructure Companies Of The 2022 Cloud 100

These 20 companies worked to meet new demand from a world that not only adapted the cloud to survive the pandemic, but now expects it as how we do business

Read more from the original source:

The 100 Coolest Cloud Computing Companies Of 2022 - CRN

The initiative will collect data from independent systems, all of which have management interfaces that use standard web technologies and will publish to a publish-subscribe bus thats streamed into a data lake.

That architecture allows you to do things like put rules engines or artificial intelligence at the bus level without having to worry about integration with hundreds of pieces that make up a smart city, Santos says.

RELATED:How will 5G networks enhance smart city solutions?

Across the country, in Oregon, the city of Portland is also embarking on a data lake initiative aimed at integrating and presenting data in a way that city analysts can use to better understand the problems theyre trying to solve and evaluate their solutions.

The initiative has its roots in a 2018 pilot project in which Portland partnered with AT&T to install Intel-powered General Electric sensors on streetlights along three city corridors. The goal was to advance the citys Vision Zero program to eliminate traffic deaths and serious injuries on its streets.

City officials decided not to continue with the pilot, but they did want to make use of the 18 months worth of data collected. We had 200 sensors generating data every 15 seconds, says Portland Smart City PDX Manager Kevin Martin. Its got to go someplace.

The citys existing data systems cant manage that volume or structure of data, so it recently launched a three-year cloud-based data lake initiative, with plans to expand it to meet ongoing, real-time mobility data needs.

The data streams from the citys traffic signals are being upgraded to generate additional data. In the past, they were utilized solely by traffic engineers in the operational context of the signals. Theyve been walled off, Martin says, but they could inform conversations among planners about the safety of pedestrians.

Thats the kind of integration and breaking down of data silos that is going to allow folks to have more information at their fingertips about whats actually happening at these places where were experiencing safety issues, Martin says.

DIVE DEEPER: How can smart mobility tech meet citizens needs?

The RTA Metrics and Statistics platform, which runs on Amazon Web Services, measures everything from ridership and citizens comfort returning to public transportation to statistical data about engines, cars and other assets to inform purchasing decisions.

We can use those metrics to help improve ridership among our service boards, says George W. Coleman Jr., the RTAs IT director.

The modernization project got its start in 2019, when the agency launched a down-to-the-studs remodel of the 15th floor of its Chicago headquarters. In addition to accommodating remote workers during construction and giving all employees a work-from-home option in the future the infrastructure upgrade provided an opportunity to move many systems to the cloud and offload the responsibility of hosting, managing and administering the RTAs legacy system.

Moving to the cloud offers government agencies the resiliency and the capabilities that theyre looking for without the headaches, Tumbali says.

The RTA upgraded its network with Cisco Firepower 2130 firewalls, Meraki switches, Windows 2019 virtual domain controllers and NetApp network storage prior to adopting Webex.

Now that weve got many of our systems moved to the cloud, weve seen much higher levels of reliability and functionality, Coleman says.

Go here to read the rest:

Cities Adopt Cloud Computing and IoT for Smarter Transportation - StateTech Magazine

Did you miss a session from the Future of Work Summit? Head over to ourFuture of Work Summit on-demand libraryto stream.

Citrix, a cloud computing and virtualization company used by companies including Microsoft, Google, and SAP, has revealed plans to be acquired by affiliates of global investment firm Vista Equity Partners, and an affiliate of Elliott Investment Management called Evergreen Coast Capital Corporation.

The all-cash deal is valued at $16.5 billion, representing a near 30 percent premium on Citrixs market capitalization before rumors of a possible deal first started to emerge last month.

Founded in 1989, Citrix was originally known for its Windows-based remote access products, but over the past few decades the company has endeavored to move with the times, and now offers myriad technologies spanning cloud computing, servers, networking, and more. One of its flagship products is Citrix Workspace, a virtualization platform that helps enterprises deploy apps and desktops remotely, including securing all the devices that connect to a network.

Put simply, Citrix Workspace is well-positioned to flourish in a world that has had to rapidly embrace remote and hybrid working.

Over the past three decades, Citrix has established itself as the clear leader in secure hybrid work, Citrixs interim CEO and president Bob Calderoni said in a statement.

Workspace has been a core focus for Citrix as it evolves in an increasingly cloud-first world. Last year, Citrix doled out more than $2 billion for project management platform Wrike, so that Citrix could offer cloud-based collaborative work management smarts to its thousands of enterprise customers. This has also led Vista and Evergreen to Citrixs door with loads of cash in hand.

Vista and Evergreen have indicated that they plan to combine Citrix with Tibco Software, a business intelligence and enterprise data management company that Vista acquired back in 2014, to create what they call a global digital workspace and data analytics leader.

Together with Tibco, we will be able to operate with greater scale and provide a larger customer base with a broader range of solutions to accelerate their digital transformations and enable them to deliver the future of hybrid work, Calderoni said.

But perhaps more important than that, Citrix will no longer be a publicly-traded company, which could afford it greater agility as it recalibrates for the future of work.

As a private company, we will have increased financial and strategic flexibility to invest in high-growth opportunities, such as DaaS (desktop-as-service), and accelerate its ongoing cloud transition, Calderoni added.

The deal should it receive shareholder and regulatory approval is expected to close by the middle of 2022.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More

Read more from the original source:

Cloud computing and virtualization company Citrix to be acquired for $16.5B - VentureBeat

DUBLIN, January 31, 2022--(BUSINESS WIRE)--The "Healthcare Cloud Computing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

The healthcare cloud computing market was valued at USD 23,749.33 million in 2020, and it is expected to reach USD 52,303.35 million by 2026, registering a CAGR of 14.12% during the forecast period of 2021-2026.

The COVID-19 pandemic is expected to have an overall positive effect on the market. There is now an increasing understanding of the potential of cloud technologies, which provide data storage and computing resources that are managed by external service providers to help improve the safety, quality, and efficiency of healthcare. This has become important in the fight against COVID-19.

Due to the huge number of research work and clinical trials being carried out across the world, the research data being generated needs to be stored in a secure environment that can house large amounts of data. Cloud computing solves the problem of both space constraints and security as it allows the hosting of huge amounts of data on private dedicated cloud channels.

A major benefit of cloud-based services to organizations and companies during the COVID-19 pandemic is that they allow faster implementation and upscaling across a range of different settings. They do not require companies to procure additional hardware (such as servers needed for on-premises solutions) and they can be implemented remotely. For example, in March 2020, an AI-enabled auxiliary diagnostic system was offered by Huawei Cloud, the cloud computing unit of Huawei, and artificial intelligence company Huiying Medical Technology Co. Ltd to hospitals in Ecuador remotely.

The major factors that are bolstering the growth of the healthcare cloud computing market include the increasing access to advanced technology, such as machine learning, the rise in adoption of information technology in the healthcare sector, and usage of cloud for reducing cost and improving scalability, storage, and flexibility. Cloud computing involves the use of remote servers that are hosted on the internet to manage, store, and process data.

Story continues

A local server is not used in cloud computing, due to which infrastructure costs are reduced significantly. In addition to one-time set-up cost, maintenance cost is also lesser in the case of a cloud-based architecture. The benefits of cloud computing were felt during the COVID-19 pandemic when there was a shortage of healthcare workers, mass lockdowns, and a lack of coordination between healthcare services.

For example, in May 2020, the Oklahoma State Department of Health launched a mobile app that allows healthcare workers to engage remotely with at-risk citizens who may have been exposed to the COVID-19 virus. The app, which was jointly created by Google and MTX Group, uses the Google Cloud to enable the state to quickly contact citizens who report COVID-19 symptoms and send them to testing sites. Agencies were also using cloud-based data dashboards to provide real-time analytics and data visualizations to track and control the spread of the virus.

In the last week of March 2020, the Australian Government's Department of Health launched its Coronavirus Australia App. Built on the Google Cloud, the app can offer real-time information and advice about lockdowns, the spread patterns, and healthcare information pertaining to the COVID-19 pandemic. These developments are expected to positively affect market growth.

Key Market Trends

The Electronic Health Record (EHR) Segment is Expected to Hold the Largest Market Share During the Forecast Period

The COVID-19 pandemic is expected to have a positive impact on the market for EHR. According to an article appearing in the Journal of the American Medical Informatics Association (JAMIA) in November 2020, the development, implementation, and evaluation of EHR-based data sharing networks and platforms and public health information systems are required in the fight against COVID-19.

Since EHR systems can be multi-disciplinary, they can be utilized to collect and analyze data from public health departments, healthcare organizations, and socioeconomic indicators. This can be of immense importance while preparing to roll out programs designed to tackle COVID-19.

According to the Center for Medicare and Medicaid Services (CMS), EHR refers to an electronic version of patient health information that includes vital signs, patient demographics, progress notes, problems, past medical history, medications, laboratory data, immunizations, and radiology reports. Lack of interoperability prevented the sharing of this data. However, as companies are currently working to develop more patient-friendly interoperable devices, the situation is now changing. Complex healthcare systems require diverse EHR products so that information may be shared seamlessly.

By enabling better workflows and reducing ambiguity, interoperable EHR allows data transfer between EHR systems and healthcare stakeholders much more easily. Thus, due to the factors mentioned above, the market is expected to witness a high growth rate over the forecast period.

North America Accounted for the Largest Share in the Market

North America holds a significant share in the healthcare cloud computing market and is expected to show a similar trend over the forecast period. The United States is a leader in the healthcare cloud computing market, mainly due to the high adoption rate of healthcare IT services and the continuous financial and regulatory support from government agencies. The implementation of the Health Information Technology for Economic and Clinical Health Act (HITECH Act) stimulated the adoption of EHR and supporting technologies across the country.

According to the Act's provisions, healthcare providers would be offered financial incentives for demonstrating meaningful use of EHRs until a certain period of time, after which, time penalties may be levied for failing to explain such use. Cloud-based services are helpful for all stakeholders. Most healthcare institutions neither have the time nor resources to devote attention to cybersecurity that an established cloud provider may have. Moreover, established cloud providers rarely allow the leakage of data. According to a recent HIMSS Analytics Survey in 2018 in the United States, over 83% of healthcare organizations said that they already use cloud services.

The survey also stated that the United States Department of Health and Human Services listed 412 data breaches that were under investigation in 2018. The huge number of data breaches calls for more robust implementation of cloud technology in the healthcare sector to improve security. Thus, owing to all the aforementioned factors, the market is expected to witness high growth over the forecast period.

Competitive Landscape

The healthcare cloud computing market is a moderately consolidated market, owing to the presence of a few key players in the market. The companies are applying powerful competitive strategies to gain more market share. Some of the market players are Amazon Web Services, Dell Inc., IBM Corporation, Oracle Corporation, and Koninklijke Philips NV.

The companies are involved in various strategies such as new product launches and investments in R&D activities to sustain in the highly competitive environment. For example, in November 2020, Microsoft launched the Microsoft Cloud for Healthcare suite to boost patient engagement, health team collaborations, and improve clinical and operational insights.

Companies Mentioned

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Rise in Adoption of Information Technology in the Healthcare Sector

4.2.2 Access to Advance Technology, Such as Machine Learning, is Easier in Cloud System

4.2.3 Usage of Cloud Reduces Cost and Improves Scalability, Storage, and Flexibility

4.3 Market Restraints

4.3.1 Data Security and Integrity Issues

4.3.2 Lack of Interoperability and Industry Standards

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 By Application

5.2 By Deployment

5.3 By Service

5.4 By End User

5.4.1 Healthcare Providers

5.4.2 Healthcare Payers

5.5 Geography

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/jndngd

View source version on businesswire.com: https://www.businesswire.com/news/home/20220131005627/en/

Contacts

ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900

The rest is here:

The Global Healthcare Cloud Computing Market is Projected to Reach $52,303.35 Million by 2026, at a CAGR of 14.12% - ResearchAndMarkets.com - Yahoo...

From the first gold rush onwards, canny operators have recognized that the safest way to make your fortune is to sell picks and shovels. If youre providing the tools for those hoping to strike paydirt, youll make money whether or not they hit the jackpot its low risk, but still high return.

Germanys Northern Data is one company that is very much applying that principle in a modern setting and it has an eye on a bigger prize. Today, the company is best-known as one of Europes leading providers of the high-performance computing infrastructure required for cryptocurrency mining, the 21st centurys gold rush. In the future, it looks forward to a gradual pivot the quality of that infrastructure gives it an opportunity to take on the likes of Amazon, Microsoft and Google in the cloud computing market, the company believes. Think of that as supplying the picks and shovels required for the cloud-driven economy.

Northern Data is going to be the leading cloud computing group in Europe, predicts Northern Data President Christopher Yoshida, who joined the company last July following an extended career in corporate finance and advisory roles at a number of fast-growth technology companies. It is what got me excited about the company.

Yoshida credits the market opportunity now open to Northern Data to the long-term vision of Aroosh Thillainathan, who founded the company three years ago and now serves as its CEO. It is easy to forget this now that we have global supply shortages, but in March 2020, at the beginning of the pandemic, there was a real surplus in the semiconductor market, Yoshida says, recalling how semiconductor manufacturers customers feared the worst amid the crisis and pulled their orders. Aroosh had the vision to take that opportunity to secure the hardware that has transformed our company.

Two years later, while countless industries are at each others' throats to source the chips they need, Northern Data finds itself in a strong position. We have the most up-to-date kit, Yoshida says. Weve got more computing power and were producing it at less expense.

The company has also made another strategic bet. Strong sustainability is going to be an increasingly important competitive advantage, argues Yoshida. In a world where there is growing concern about the carbon footprint of powerful computers set to the task of cryptocurrency mining and the broader environmental impact of huge data centres and technology infrastructure the worlds biggest technology companies have become some of the biggest buyers of carbon offsets, he points out.

Northern Data, by contrast, has invested heavily in sustainable infrastructure. In particular, its Hydro66 facility in Sweden powers cloud computing entirely from renewable energy. The companys latest trading update reveals that its ether cryptocurrency mining efforts are now powered almost exclusively from renewable energy. It is a huge advantage, says Yoshida.

Northern Data President Christopher Yoshida

All of which puts Northern Data in an enviable position. Its cryptocurrency mining work continues to throw off cash; this provides the business with all the revenues it needs to go on investing in a long-term future that lies in a bigger market.

Its like the tortoise and the hare, Yoshida says of the companys dual ambitions in cloud computing and cryptocurrency. The latter may be wining the race right now, but the former is going to take all the prizes in the end. The sheer scale of demand for cloud computing capacity in Europe and beyond is an incredible prospect for those in a position to supply it. And Northern Data expects to be one of the cheapest and greenest suppliers out there.

The cloud market is today dominated by Amazons Web Services division, Microsofts Azure and Googles Cloud platform. Yoshida doesnt expect Northern Data to go toe-to-toe with these giants, but he does see a huge opportunity as businesses all over the world look to add extra capacity, or to source cloud power for specific purposes on demand. This is a market that it going to grow at 30% a year for the foreseeable future, he says. And with none of the legacy technology that the incumbent cloud providers are now saddled with, Northern Data can grab a healthy share.

As Northern Data capitalises on that growth, it will evolve naturally over time the tortoise will eventually overtake the hare. Amazon, after all, started out as purely an online retailer, before evolving to a stage where cloud is today almost at a point of being its biggest source of revenues. Northern Data may get to that point more quickly, Yoshida believes, though he adds: Our core business of mining is certainly not going away.

Such progress will prompt questions about the status of the business. Northern Data already has a stock market listing in Germany, but for a company with aspirations to become a global technology leader, a Nasdaq listing might make more sense. Its a good North Star to think about, but were focused on building the business stage by stage, Yoshida says.

Visit link:

Northern Data Bets On Crypto To Bankroll Its Cloud Ambitions - Forbes