Category Archives: Cloud Computing

The Covid-19 pandemic has created a lot of changes in various aspects of peoples lives, and most of these changes can be seen in the world of business. People are working from home a lot more often, and this is just one of the numerous differences that people might be capable of noticing in the pre and post pandemic worlds. Another change that can be noted is the increase in cloud computing adoption.

Palo Alto Networks recently released a new report that reveals this trend. There has been a 25% increase in overall cloud usage among profit making enterprises, and whats more is that the vast majority of organizations, or 70% to be precise, are now using cloud storage for at least half of their total data. Suffice it to say that this is a massive increase from the numbers that we could have seen previously, and it is consistent with wider trends that many industries leaders are taking note of.

However, another thing to bear in mind is that security concerns are halting progress in that regard. According to this report, most people agreed that maintaining security and compliance were among the top three reasons why they might be struggling to shift to entirely cloud based computing. Maintaining high level security is essential due to the reason that it can prove to be vital in the fight against cyber crime and all of the various forms that it can take.

An analysis of the report stated that a unified strategy was required if this transfer of data was to be successful. Companies need to form these strategies and stick to them, since this may very well be the only way in which they can get a reasonable guarantee that everything will go smoothly in the future. Whatever the case may be, cloud computing is the way of the future.

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Cloud Adoption Increased by 25% Due to Covid - Digital Information World

Delhi, Jan. 27, 2022 (GLOBE NEWSWIRE) -- The global Insurtech market is driven by the rapid digitization and growing adoption of advanced technologies, such as machine learning, the Internet of Things (IoT), cloud computing, etc. These technologies generate large volumes of data that help insurance companies to track and analyze consumer behavior and remodel the insurance industry model to fill the scantiness of the market

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global Insurtech market was worth USD 5.3 billion in 2020. According to the study, the market is estimated to grow at a CAGR of 10.6% (2021-2027), earning revenue of around USD 10.7 billion by the end of 2027. The global Insurtech market is driven by the rapid digitization and growing adoption of advanced technologies, such as machine learning, the Internet of Things (IoT), cloud computing, etc. These technologies generate large volumes of data that help insurance companies to track and analyze consumer behavior and remodel the insurance industry model to fill the scantiness of the market. Additionally, developing economies such as India, China, Singapore, China, etc., are emerging with growth potential due to the rising number of Insurtech start-ups. However, data privacy and cyberattacks may be a major constraint on the global Insurtech market.

Rapid Digitalization of Business Models Is Assisting the Global Insurtech Market's Growth.

Every strand of commerce and government agency, including the global insurance industry, is fiercely seeking the advantages of a digital environment. According to Accenture, a consulting and professional services firm, roughly 86% of insurers plan to innovate and enhance existing business models in order to meet rising insurance demand and maintain a competitive edge by 2022. Furthermore, as business models change, insurance companies worldwide are turning to innovative digital solutions to scale their operations and provide a more customized consumer experience. As a result, the fast digitalization of existing insurance business models is moving the worldwide Insurtech industry forward and contributing to the market growth.

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Growing Adoption of Cloud Computing Driving the Global Insurtech Market

Cloud computing has revolutionized many industries with its ease of deployment, resiliency, and versatility, and the insurance industry is no exception. The rising adoption of cloud computing in various industry verticals, especially after the COVID-19 outbreak, is significantly driving the growth of the Insurtech market. Insurance companies across the globe are deploying cloud computing to improve their business model. Cloud computing offers better internal and external data management with a higher level of security. It also provides rapid deployment and easy integration that does not hinder the workflow. Furthermore, the application of cloud computing also helps in risk management by integrating risk data and indicators and various assessment reports. Such benefits of cloud computing are driving the overall market growth of global Insurtech during the forecast period.

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Rising Demand for Managed Services Propelling the Growth of Global Insurtech Market

Based on services, the Insurtech market is segmented into consulting, support & maintenance, and managed services. The managed services segment accounts for the largest share in the Insurtech market. Managed service providers offer insurance companies with their expertise and knowledge of advanced technologies to improve business efficiency and bring out the best in their business models. On the other hand, the support & maintenance services are also projected to gain substantial growth during the forecast period due to insurance companies' rising deployment of advanced technologies such as IoT, blockchain, etc.

BFSI has Dominated the Global Insurtech Market Due to The Expanding Banking Sector

Based on end-users, the Insurtech market is segmented into automotive, BFSI, government, healthcare, manufacturing, retail, transportation, and others. BFSI segment has dominated the market due to the expanding banking sector and the growing volume of data which can now be tapped into by Insurtech companies for better services, enabling businesses to improve efficiency and optimize overall costs. The health sector is projected to grow at the fastest rate in the forecast period, as Insurtech adoption is significantly higher than in other insurance sectors. Health insurance companies also use insurance solutions to expedite claim processing. Various technological developments and the adoption of digital core legacy systems for the automation of back-office operations are also contributing to the market's growth. Other reasons, such as widespread use of the platform and peer-to-peer business models and lower insurance premium rates leading to a rise in the number of policymakers, are expected to propel the industry even further.

The healthcare industry catered to a significant share amidst the end-user sector due to rapid digitization and the increasing use of data-generating devices such as wearable devices. Increasing use of data generation is further driving the demand for better management of data in the healthcare sector and propelling Insurtech's overall market growth.

In a stretched national health system, finding a doctor is difficult. As a result, Insurtech is now being used in the fast-expanding telemedicine market. Many states in the United States are modifying their legislation to allow for the development of telemedicine. In Europe, remote consultations with doctors are common in France and are becoming more common in the United Kingdom. Despite the fact that Insurtech is now prohibited in Germany, it is just a matter of time until it is adopted there as well, the advantages of Insurtech in healthcare are apparent. The information gathered enables carriers to minimize and decrease risk while promoting mutually beneficial consumer behavior.

North America Region Dominates the Global Insurtech Market

Geographically, the Insurtech market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. The North America region captured a significant market share in the global Insurtech market in 2020. The high-cost spending of insurance premiums and the use of digital technology to track and manage insurance claims have attracted US investors. Due to insurers' online presence and digital technologies to track their insurance claims, the United States has seen considerable investments from Insurtech providers, and it represents a significant potential market. Various start-ups have emerged in the United States, identifying the potential for better customer-focused insurance services.

However, due to their young and expanding populations as well as a high rate of mobile technology adoption, the APAC countries are expected to grow at the highest rate. Economies such as Singapore, India, Hong Kong are emerging as Insurtech hubs in the global market with an increasing number of potential Insurtech start-ups.

Please visit press release of the global Insurtech market: https://www.blueweaveconsulting.com/press-release/global-insurtech-market-witnessing-a-positive-shift-forecast-to-grow-at-a-cagr-of-10-6-by-2027

Impact of COVID-19 on Insurtech Market

The COVID-19 pandemic offered lucrative growth opportunities to the global Insurtech market. According to Willis Re (one of the world's most prominent reinsurance advisors), global investment in insurance technology (Insurtech) start-ups reached a record high of $10.5 billion in the first nine months of 2021, a new peak for the period. The third quarter of 2020 witnessed $3.1 billion in investment, up 23% from the pandemic-hit- third quarter of 2020. The coalition, which raised $205 million, and At-Bay, which raised $185 million, were two of the most significant deals in the quarter.

In the global Insurtech market, customers can choose from a variety of insurance policies, including health insurance, home insurance, personal insurance, and more. As a result of the increasing demand for insurance policies, insurance carriers' use of advanced technology solutions has expanded fast in the market, allowing them to provide advanced tech-based services to their customers. As a result, demand for Insurtech solutions has surged during the global health crisis.

The Insurtech companies registered significant growth through capital investment to meet the changing scenario of the industry. The pandemic has also boosted the adoption of technologies, such as cloud computing, to boost customer engagement and virtual interaction. The pandemic also pushed insurers to invest in and implement Insurtech, focusing on numerous areas, including client centricity, intelligent procedures, accelerating virtual interactions in sales and claims, and cutting costs to stay competitive. Furthermore, the insurance technologies provided a platform for the insurers to demonstrate their services among policy seekers, which helped them to boost their sales and keep their business floating during such unprecedented times.

Global Insurtech Market - Competitive Landscape

The leading players in the Insurtech market are Zhongan Insurance, Damco Group, Wipro Limited, DXC Technology Company, Trov Insurance Solutions, LLC, Majesco, Shift Technology, Oscar Insurance, Quantemplate, OutSystems, Clover Health Insurance, Moonshot-Internet, Acko General Insurance Limited, ThingCo, Tractable, Halos, Sorcery, Sureify, Insurance Technology Services, and other prominent players.

The global Insurtech market is fragmented in nature, owing to the presence of a high number of small businesses catering to the demands of life and non-life insurance sectors. With the rising preference for technical improvements in the insurance sector, such as artificial intelligence, machine learning, and blockchain technology, the number of deals made has been steadily increasing over the last few years. Insurtech firms ability to promote insurance industry innovation by generating new products will aid insurance companies in meeting the changing needs of their customers. As a result, various Insurtech companies are gaining traction by providing a new and diverse set of services. They're also attracting a significant investment, which will help them expand. Insurtech firms, for instance, are employing deep learning-capable artificial intelligence (AI) to assist agents in managing their responsibilities more swiftly and determining the best combination of policies to complete a user's coverage. Hyperautomation, a combination of ML (machine learning), AI (artificial intelligence), and RPA (robotic process automation), is already proving popular among rapidly scaling Insurtech start-ups looking to differentiate themselves in the market by offering quick services, mobile technology, and low operating costs. Furthermore, the adoption of competitive strategies, such as partnerships, mergers, acquisitions, joint ventures, etc., is also prominent in this market.

Dont miss the business opportunity of the global Insurtech market. Consult our analysts to gain crucial insights and facilitate your business growth.

The report's in-depth analysis provides information about growth potential, upcoming trends, and statistics of the global Insurtech market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global Insurtech market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the market's growth drivers, challenges, and competitive dynamics.

Scope of the Report:

Attributes

Details

Years Considered

Historical data 2017-2020

Base Year 2020

Forecast 2021 2027

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product Service/Segmentation

By Type, By Service, By Technology, By End-User, By Region

Key Players

Zhongan Insurance, Damco Group, Wipro Limited, DXC Technology Company, Trov Insurance Solutions, LLC, Majesco, Shift Technology, Oscar Insurance, Quantemplate, OutSystems, Clover Health Insurance, Moonshot-Internet, Acko General Insurance Limited, ThingCo, Tractable, Halos, Sorcero, Sureify, Insurance Technology Services, and other prominent players.

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Global Insurtech Market Gaining MomentumProjected to Reach worth USD 10.7 billion in 2027 | BlueWeave - Yahoo Finance

DEEPTEC Addresses Growing Concerns About the Impact of Energy in theStreaming Sector

SAINT-GRGOIRE, France Jan. 26, 2022 AVIWEST, a leading provider of live video contribution solutions, today joins the DEEPTEC project consortium with TDF and IETR (Institut dElectronique et des Technologies du numRique) to develop a sustainable and fully virtualized live streaming workflow over 5G networks. Delivery over Energy-Efficient Processing and Transcoding in Edge Computing (DEEPTEC) is a two-year collaborative project supported by the Images & Rseaux team (the competitive cluster for digital innovation in the Pays de la Loire and Brittany regions), funded by the Brittany region and the Metropole of Rennes.

This innovative consortium will demonstrate that combining the greater capacity and reliability of 5G technology with evolving media distribution techniques; the latest compression technologies; and high-performance, cloud-based architectures can reduce the expense of deploying broadcast resources, including on-site crews, high-frequency systems, and OB trucks, while improving quality of experience (QoE) for end users.

Nicolas Dhollande, research and innovation manager at AVIWEST, said, We are eager to collaborate with the IETR and TDF to pave the way for a new green standard of live production that will help broadcasters and production companies to dramatically reduce environmental impacts, costs, and logistical burdens for organizing events.

AVIWEST is providing DEEPTEC with the companys latest transmission technologies: the new PRO460-5G bonded cellular transmitter, its double Emmy-Award-winning Safe Stream Transport technology, and its SaaS StreamHub receiver deployed in Multi-Access Edge Computing (MEC). The convergence between 5G and MEC is a game-changer that will allow reliable live remote production with 4K and UHD multicamera systems. With the involvement of the French research institute IETR, the consortium relies on artificial intelligence assets to optimize video transcoding in the cloud. This provides viewers with the best video quality and the lowest latency, ensuring a high QoE with a lower carbon footprint.

Wassim Hamidouche, senior lecturer at the IETR, said, Cloud computing, 5G, and artificial intelligence offer us a great opportunity to develop sustainable video-streaming solutions that enable a very high quality of experience while preserving the planets resources.

TDF, as a network operator, brings expertise to the project with a fully virtualized, energy-centric headend solution capable of switching between broadcast and broadband delivery based on the audience, content, and/or client strategy.

Naty Sidaty, audiovisual innovation and standardization expert at TDF, said, This project fits perfectly into TDFs roadmap for modernization of the DTT platform by developing an energy-centric headend solution for achieving scalable and efficient delivery of linear services over broadcast and broadband networks.

More information on AVIWEST and its products is available at http://www.aviwest.com.

# # #

About IETR (https://www.ietr.fr/en)IETR is a telecommunication research institute hosting researchers from INSA Rennes, University of Rennes 1, CentraleSuplec, University of Nantes and CNRS. IETR addresses mainly four research fields including antennas and microwaves, communications systems, radio propagation, imaging and remote sensing. VAADER team has more than twenty years of experience in the field of image and video coding and has been involved in many national and international collaborative projects. The VAADER team has developed the well-known open source OpenHEVC and OpenVVC decoders compliant with HEVC and VVC standards, respectively.

About TDF (https://www.tdf.fr/)TDF is a French broadcasting operator with a long history of more than 40 years in the audiovisual and telecommunications domains, operating in several sectors of activity. Our network infrastructures, densely established on the territory, allow us to offer many services to our customers. We broadcast DTT and radio channels in French territory, receive mobile network operators to our sites, ensure the transmission of video streams for stadiums during major sport events and offer private hosting solutions in our data centers.

TDF is also a founding member of the Technological Research Institute b<>com and is involved in many innovation projects around new technologies (UHD, HDR, 5G, IoT, cloud computing, multimedia distribution, etc.)

About AVIWEST (www.aviwest.com)AVIWEST is a world-leading provider of IP-based video contribution systems. Powered by proprietary, patented, and two-time Emmy Award-winning intelligent IP bonding technology, our reliable solutions have been adopted by 1,000-plus broadcasters, online media, news agencies, social media companies, and first responders in more than 100 countries to cover breaking news and live events. AVIWESTs history of innovation includes the worlds first portable cellular video transmitter, the worlds first live video transmission over a 4G network implementing QoS, and the worlds first live 4K video transmission over a 5G network. Using the 5G versions of AVIWESTs powerful and lightweight bonded cellular transmitters, video professionals can deliver live news, multicamera sports, and events coverage with greater efficiency, higher quality, and cost-effectiveness from any part of the world. Headquartered in Saint-Grgoire, France, AVIWEST offers professional worldwide support for its products and cloud services through local and international sales offices and distribution networks across more than 160 countries.

All trademarks appearing herein are the property of their respective owners.

Link to Word Doc: http://www.202comms.com/AVIWEST/220126-AVIWEST-DEEPTEC.docx

This section of Pro Sound Network, The Wire, contains original press releases that reflect the views of the industry organizations issuing them. Releases are not reviewed or edited by Pro Sound News editorial staff.

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AVIWEST Leads DEEPTEC Project to Demonstrate Green Live-Event Coverage and Delivery Using 5G and Cloud - PSNEurope

Australian enterprises are set to invest almost $20 billion in cloud computing technology by 2025, according to new analysis by GlobalData.

The analyst firm claimed the market is set to grow by an average of 12.5 per cent over the next three years, reaching US$14.1 billion.

Broken down, public cloud services, including software-as-a-service (SaaS), platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS) will account for more than half of the market over the forecast period, with SaaS being the largest category overall.

However, PaaS will be the fastest growing area over the forecast period, driven by enterprise preference for cloud-native application development platforms.

According to GlobalData technology analyst Saurabh Daga, this is due to the cost advantage and better application management capabilities of PaaS.

"Much like the rest of the world, Australian businesses witnessed COVID-19 pandemic-fueled rapid transformations, which included adoption of remote work, automation of key business processes, and dependence on digital channels for customer interactions," he said.

"Cloud-based platforms and services continue to be a key element of this ongoing transformation, thus driving the enterprise spending on cloud in the country to grow at 12.5 per cent over the forecast period.

Public hyperscale providers like Microsoft, Amazon Web Services (AWS) and Google have already established their cloud regions within Australia.

Google launched its second cloud region in Melbourne in 2021 and Microsoft is currently planning a new cloud region in Sydney, which will be its fourth in the country, GlobalData said.

AWS, meanwhile, is also set to launch another cloud region in Melbourne later this year.

Recently, Microsoft, in partnership with IT services provider Infosys, entered into a multi-year strategic agreement with Ausgrid to modernise its legacy applications and IT infrastructure through cloud management platform and managed services.

In August 2021, Atos was awarded a three-year contract by Australias Digital Transformation Agency Cloud Marketplace to provide cloud services to Australias federal government agencies.

Most recently, Australias criminal intelligence agency awarded a A$180 million contract to migrate its fingerprint system to a protected cloud platform.

Yet while large enterprises will account for the largest share of Australia's cloud market, the combined spending from micro, small and medium enterprises will increase at a marginally faster compound annual growth rate of 12.5 per cent over the forecast period.

Various Australian government digitisation initiatives such as [the] Digital Business Plan, and [the] Digital Business-to-Business (B2B) Partnerships Initiative, will be the key growth driver for spending on cloud services and platforms by the SMEs in Australia," Daga added.

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Aussie cloud computing spend to hit $20B by 2025 - ARNnet

Josh Berman is president of C2C, an independent and vetted Google Cloud community with a unique pulse on the cloud market.

The past two years have been exciting periods of growth for the cloud market, driven by increased demand for access to new technology during COVID-19 and the proliferation of the work-from-anywhere culture. IT leaders worked to shift workloads to the cloud to ensure business continuity for the remote workforce, leading to skyrocketing adoption of cloud computing. This momentum is expected to pick up in 2022 and beyond.

For many businesses, the pandemic accelerated their digital transformation plans by months, or even years. Reliance on cloud infrastructure will only continue to grow as organizations adjust to the hybrid work model. Gartner projects that global spending on cloud services is expected to reach over $482 billion in 2022, up from $313 billion in 2020.

As we start the new year, C2C, an independent Google Cloud community, has identified six cloud computing trends to watch in 2022.

The pandemic inspired a new generation of entrepreneurs. Whether out of necessity from mass layoffs, a desire for a more flexible lifestyle, or finding the inspiration to finally pursue a passion, millions have started their own ventures.

As their businesses grow and digitize, entrepreneurs across industries are embracing the cloud and adopting technologies like machine learning and data analytics to optimize business performance, save time and cut expenses. There are countless benefits to small businesses and startups. For one, the cloud makes data accessible from anywhere with an internet connection, enabling the seamless collaboration necessary in a hybrid work environment. Without having to spend on expensive hardware and software, entrepreneurs can invest in other areas as they scale their businesses.

Continued here:

6 cloud trends to watch in 2022 - TechCrunch

Palm Beach, Fla., Jan. 20, 2022 /PRNewswire/ --FinancialNewsMedia.com News Commentary - Cloud computing increases real-time data collection and improves accessibility to the data. It has outpaced the conventional paper healthcare system by providing more speed and efficiency in data handling. For instance, cloud computing technology is widely used in remote patient monitoring. Rising demand for stringent regulatory compliance, public awareness, and growing investment from healthcare players such as Cisco, IBM, GE Healthcare, and government organizations are expected to create a demand for this technique during the analysis period.The proliferation of high-speed internet and implementation of favorable regulatory acts are also expected to provide growth to the market. A report from Global Market Insights projected that the Healthcare Cloud Computing Marketsize was valued over USD 29 billion in 2020 and is expected to witness around 13.4% CAGR from 2021 to 2027. The report said: "Rising adoption of digital technologies among healthcare professionals is projected to drive the market growth. Escalating patient population suffering through various diseases leads to higher demand for efficient data management tools. Healthcare cloud computing offers easy access to patient information through secured networks, thus eliminating the data privacy concerns. Therefore, increasing acceptance of these technologies encourages safer data sharing and remote collaborations enabling broader treatment accessibility. Similarly, shift of healthcare industry toward information-centric model enables efficient information sharing and streamlined collaborative workflows. Benefits such as IoT support, data automation and storage that streamline treatment process creates tremendous growth opportunities for cloud computing solutions in healthcare market." Active Companies in the markets today include Healthcare Triangle Inc. (NASDAQ: HCTI), Phreesia, Inc (NYSE: PHR), INOVIO (NASDAQ: INO), Tabula Rasa HealthCare, Inc.(NASDAQ: TRHC), Health Catalyst, Inc. (NASDAQ: HCAT).

Global Market Insights concluded: "The private cloud segment in the healthcare cloud computing market is estimated to attain a CAGR of 13.5% through 2027. Private cloud enables direct control over stored data in cloud to healthcare staff, thus allowing them to deploy own applications and also provides adherence to compliance issues. Also, various factors such as better control on computation, patient data and infrastructure further stimulate the market revenue. Developing IT infrastructure in emerging countries, and rising necessity to implement healthcare ITtools in healthcare settings will positively impact the market value Growing acceptance of digital health services will offer significant the market expansion opportunities."

Healthcare Triangle Inc. (NASDAQ: HCTI) BREAKING NEWS: Healthcare Triangle, Inc. Releases Shareholder Update - Healthcare Triangle Inc. ("HCTI" or the "Company"), a leading provider of cloud and data transformation platform and solutions for healthcare and life sciences, today released a shareholder update:

Dear Shareholders: Thank you for your continued commitment and investment in Healthcare Triangle, Inc . Our progress over the past year would not have been possible without your trust and belief in our mission. This is our first shareholder update since our Oct 2021 IPO and it has been a momentous journey and unique in every sense. We work alongside our customers and partners to help them build their own digital capability, creating new businesses, and earn their trust. I am very proud of how we are are using our platforms to help organizations innovate and deliver technology initiatives on the Cloud.

Your Company - Healthcare Triangle ("HCTI") is a healthcare IT provider that delivers personalized healthcare, accelerates drug research, and supports digital transformation through proprietary technology platforms. HCTI is a well-recognized provider of cloud infrastructure migration, AI, data analytics, security & compliance and cloud managed services to Healthcare and Life Sciences customers. Our multi-cloud technology transformation platform CloudEz, data analytics platform DataEz, AI based platform Readabl.AI, and our Cloud EHR Managed Services have been at the forefront of our customer service offering and are leading to deeper partnerships, larger and multiyear cloud engagements. HCTI was recognized as one of the top 100 premier partners of Amazon Web Services, which is a Global community comprising of over 100,000 partners. The company also achieved Premier Partner status with Google Cloud in 2021.

Fiscal Year 2021 was a pivotal year for HCTI. We are focused on becoming one of the top 10 US healthcare IT providers by revenue by 2025. This impacts how we run the company, what investments we commit towards this vision and how we take our platform and services to the market. We recently hired a CRO with strong experience in the Healthcare and Life Sciences market to help us achieve this goal by building a world class sales team.

Strategic acquisition DevCool Inc - We firmly believe that an expedited way to drive revenue and expand our offerings is by acquiring profitable strategic assets. We recently announced the acquisition of DevCool Inc, an EPIC EHR Implementation and Managed Services company servicing 6 of the top 10 hospitals in the USA. DevCool also specializes in providing healthcare IT services to cancer research hospitals and university medical centres. DevCool generated approximately $20 million in revenues in fiscal year 2020 and has generated consistent top line growth over the past 4-6 quarters and is expected to be EBITDA accretive to HCTI. The combined entity will focus on accelerating healthcare providers' adoption of cloud technologies to improve clinical, operational, and financial performance. The acquisition also opens opportunities to upsell our SaaS Platforms like CloudEz, DataEz, and Readabl.AI to DevCool's existing client base. CONTINUEDRead this full release for Healthcare Triangle at: https://www.healthcaretriangle.com/investors/

Other recent developments in the markets include:

INOVIO (NASDAQ: INO) recently announced updates on the Phase 3 program for VGX-3100 for HPV-associated cervical high-grade squamous intraepithelial lesions (HSIL), including a one-year follow-up of efficacy and safety data in participants from REVEAL1, completing enrollment in REVEAL2, and advancing its pre-treatment biomarker candidate for VGX-3100 to be further developed with QIAGEN. In addition, INOVIO's development partner withinGreater China(mainlandChina,Hong Kong,Macao,Taiwan), ApolloBio Corp. ("ApolloBio"), dosed the first participant in a separate Phase 3 trial inChina.

Dr. J.Joseph Kim, President and CEO of INOVIO, said, "We are making strong progress in developing INOVIO's immunotherapies treating HPV-associated cervical HSIL. Left untreated, cervical HSIL may progress to cancer. VGX-3100 has the potential to be the first approved immunotherapy and non-surgical alternative for women with cervical HSIL and we look forward to advancing our efforts from our Phase 3 studies through commercialization."

Tabula Rasa HealthCare, Inc.(NASDAQ: TRHC),a leading healthcare technology company advancing the safe use of medications, recently announced a five-year contract renewal with Evernorth, a premier health services business that connects and coordinates innovative and flexible solutions for health plans, employers, and government programs, to expand use of TRHC's Medication Therapy Management (MTM) programs and other clinical services.

Evernorth renews contract and expands use of TRHC's Medication Therapy Management programs and other clinical services. The new agreement expands upon THRC's previous 10 year relationship with Express Scripts PBM, which is part of the Evernorth portfolio.

"We are thrilled to extend our long-term relationship with Evernorth, helping them to advance the safe use of medication among their customers," said TRHC Chairman and CEO,Calvin H. Knowlton, PhD.

Health Catalyst, Inc. (NASDAQ: HCAT), a leading provider of data, analytics and technology services to healthcare and life sciences organizations, and Datavant, the leader in helping organizations securely connect health data, recently announced a strategic partnership to improve research and care delivery with connected health data.

The partnership between Datavant and Health Catalyst will enable life sciences and healthcare organizations to exchange tokenized, de-identified data within the recently announced Health Catalyst Research Network and Health Catalyst Touchstone Match. "Tremendous waste occurs from failing to recruit patients truly eligible for trials. Improved collaboration through connected healthcare data during the clinical trial process can help solve this problem and increase the potential for new discoveries and treatments for patients," saidSadiqa Mahmood, General Manager & Senior Vice President, Life Sciences Business, at Health Catalyst.

Phreesia, Inc.(NYSE: PHR) recently announced it has acquired Insignia Health, LLC, a founder-led and mission-oriented company dedicated to improving health outcomes through patient activation. The acquisition is a natural extension of Phreesia's commitment to enabling patients to become more active participants in their care.

"Phreesia's core strength is putting tools in the hands of patients to take on tasksfrom self-reporting data like social determinants of health to making payments to signing consent formsthat they can do better than anyone else, and that align with the convenient digital experience they want," said Phreesia's CEO Chaim Indig. "We've long admired Insignia's expertise in understanding and activating patients, and we believe this acquisition will help us deliver on our mission to create a better, more engaging healthcare experience."

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Growing Acceptance Of Digital Health Services is a Huge Boon for Healthcare Cloud Computing Market - PRNewswire

Managing security for cloud-based software-as-a-service (SaaS) applications or for your own applications in the cloud is placing different, more complex demands on cybersecurity teams. While cybersecurity skills remain in short supply, the availability of people with both cloud and on-premises security skills is even more constrained, particularly for small to midsize organizations.

With the rise of popular SaaS applications like Microsoft 365, Google Workspace, Salesforce, Slack, Box, and Zoom, your IT team needs to understand what security components you are responsible for with each SaaS provider you use. The same holds true for enterprise resource planning, HR, and other applications when you move them to cloud infrastructure provided by Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

Why is this important? Because any cloud environment, SaaS or otherwise, becomes part of your total attack surface, and misconfiguration of cloud resources remains a leading cause of data leakage.

Introducing Shared ResponsibilityCloud providers, both SaaS and infrastructure providers, have made very clear what they are responsible for in the way of security. According to the Center for Internet Security, a SaaS provider is solely responsible for physical security, host infrastructure security, and network controls. However, for application-level controls, identity and access management, and endpoint protection, the provider and the customer share security responsibility. That's where the confusion and the need for cloud security expertise comes into play.

Consider, for example, securing Microsoft 365 SaaS applications, which are mission critical. Microsofthas published where its responsibilities lie. It falls to you, the customer, to configure user and device access; monitor user, application, and data behavior; and respond to incidents. This includes the actions of partners that access your data or apps in the public cloud.

Plus, whether in the cloud or on-premises, your email users remain a leading source of risk from human error. From their PCs, laptops, and mobile devices, they can still click on a malicious link or open an attachment and introduce malware to that endpoint.

This is where we are seeing a shift in what happens next. Once hackers penetrate the endpoint, they are no longer content to pivot sideways on the network to penetrate on-premises resources. Instead, they move through the endpoint to the cloud to access your data, which is often lower-hanging fruit.

Securing Workloads in the CloudCOVID-19 has accelerated the migration of traditionally on-premises applications and workloads to cloud infrastructure-as-a-service (IaaS), where the configuration of cloud resources such as storage and databases can be even more complex.

One of our healthcare customers, for example, was primarily operating on-premises at its own HIPAA-compliant data center. Due to COVID-19, the company had to quickly migrate its practitioner workplace environment from PCs and laptops to tablets that could be used for at-home patient care. This also meant moving data to the cloud to make it accessible from anywhere. It quickly found that configuring cloud infrastructure and storage required skills it did not have in-house, creating a potential cybersecurity and compliance gap.

What's different in the shared responsibility model in this example? For companies using IaaS to run applications on cloud servers and place data into cloud storage, the cloud provider is wholly responsible only for physical host, network, and data center security. Everything else is your responsibility. That includes application-level controls, identity and access management, client and endpoint protection, and data classification and accountability. Responsibilities for platform-as-a-service (PaaS) offerings such as Windows Azure fall in between IaaS and SaaS.

Options for Acquiring Cloud Security Skills The primary takeaway is that whether you are using Microsoft 365, running your Windows applications on Windows Azure, replicating enterprise data to a cloud data lake, or running custom enterprise applications on bare metal servers, you are responsible for the security of your data. What's more, any security breaches in the cloud can put your remaining on-premises resources at risk.

While cloud offerings are not new, expertise on cloud computing and specifically cloud security is hard to come by. Industry reports indicate that demand for cloud security skills is second only to demand for application security expertise. Businesses of all sizes, including small and midsize organizations, cannot afford to neglect cloud security when moving workloads and data away from on-premises resources.

Even though cloud security skills are in short supply, companies can grow their own skills through training existing in-house staff. Alternately, they face hiring cloud experts in today's highly competitive salary and recruitment environment. By offering remote work arrangements, companies can extend their reach and hire from anywhere, making it easier to acquire the skilled workers they need.

Whatever your approach, evaluate your cloud security posture and cloud cybersecurity skills gap. Your data security depends on it.

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Cloud Adoption Widens the Cybersecurity Skills Gap - DARKReading

NEW YORK, Jan. 24, 2022 /PRNewswire-PRWeb/ --Ericom Software, a leading provider of Zero Trust cloud cybersecurity solutions and developer of the ZTEdge SASE Platform, announced that its cloud-delivered security solutions are experiencing increased demand in the Japanese market. New customers are showing a strong preference for cloud-delivered Ericom security and remote access solution offerings, and a significant number of longstanding Ericom customers have elected to migrate to cloud-delivered versions of their on-premises solutions.

The move to Ericom's cloud-based options aligns with broader cloud service growth trends in the Japanese market, where, according to market studies, nearly 70% of enterprises have begun to adopt cloud services.1 By September 2020, 39% of enterprises had cloud computing services fully implemented throughout their operations and an additional 29+% had begun implementation in some offices and/or departments.

"Demand for cloud services in Japan is accelerating rapidly, driven by digital transformation initiatives and the need to support our increasingly remote workforce," said Hidekazu Takagi, Division Senior Manager, Access Infrastructure Technical Division of K.K. Ashisuto, Ericom's distribution partner in Japan. "Organizations are turning to cloud-delivered Zero Trust security like the flexible, modular Ericom RBI platform to protect their digital transformation programs from cyberthreats like ransomware, phishing attacks, and credential theft."

Contributing to the growth in cloud-delivered solutions is the increasing adoption of Zero Trust security solutions, many of which, like Ericom Remote Browser Isolation (RBI) and the ZTEdge SASE platform, are primarily cloud-based. Ericom Zero Trust security experts Dr. Chase Cunningham, Chief Strategy Officer, a former Forrester Research Zero Trust Security analyst, and Nick Kael, Ericom CTO, have been actively working with K.K. Ashisuto to introduce its customers and partners to the Zero Trust approach, discuss its applicability to the current cyber threat landscape, and help plan their transition to Zero Trust.

Enterprise demand for managed services for cloud environments is also exceptionally strong in Japan, with Gartner forecasting spending to reach $6.19 billion by 2024.2 Ericom RBI makes it easy for MSPs and MSSPs to provide organizations with cost-effective cloud-delivered web isolation services that protect users regardless of whether they are working in company offices or remotely. Ericom and K.K. Ashisuto are working with a number of MSPs and MSSPs to help them benefit from projected managed security services growth in this area as well as others.

"Ericom is proud to be a trusted brand in Japan, thanks to our excellent solutions and the expertise of our partner, K.K. Ashisuto, in bringing those solutions to security-forward organizations in Japan," said David Canellos, Ericom CEO. "We are especially pleased to see the growth in adoption and pipeline for our cloud-delivered solutions in Japan, the 3rd largest cybersecurity market in the world. Almost two years into the Covid pandemic, organizations are more distributed than ever before, and they are now accelerating adoption of Zero Trust security to protect their new work environments. I am extremely optimistic about continued strong growth for Ericom solutions in 2022 in Japan."

To learn more about Ericom secure access solutions and the ZTEdge SASE platform, visit the Ericom and ZTEdge websites, or contact K.K. Ashisuto at cv_info@ashisuto.co.jp to arrange a demonstration.

About Ericom Software and the ZTEdge Cloud Security Platform

Ericom Software is a leading provider of cloud-delivered, Zero Trust cybersecurity solutions that protect today's digitally distributed organizations from advanced security threats. The company's ZTEdge platform is the industry's leading Secure Access Service Edge (SASE) solution developed specifically for midsize enterprises and small businesses. Ericom solutions leverage innovative remote browser isolation, application isolation, microsegmentation, and virtualization technologies, and are delivered on the Ericom Global Cloud, a distributed high-availability elastic cloud platform. Ericom's cybersecurity solutions protect thousands of businesses and millions of end users worldwide. The company has offices around the world and a global network of MSPs, distributors, resellers and technology partners.

1 Statistica Research: Share of business enterprises which use cloud computing services in Japan 2 Gartner: Key Actions Tech CEOs of Local and Regional Cloud MSPs Can Take in the Asia/Pacific Market; 10/27/2020

Media Contact

Mike Benedetto, Springboard PR, +1 9086168355, michael.benedetto@springboardpr.com

SOURCE Ericom

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Ericom Sees Significant Growth in Adoption of its Cloud-based Zero Trust Security Solutions in Japan - WFMZ Allentown

An IT company used by the Government to handle sensitive NHS and military data has been taken over, months after civil servants were told to prepare for its collapse.

UKClouds rescue comes amid concerns that the public sector has become over-reliant on Amazons giant cloud computing arm, which has been awarded hundreds of millions of pounds in taxpayer contracts.

UKCloud, which last year warned that it needed a cash injection of 30m to keep operating, has been taken over by an investment vehicle led by its chairman Jeff Thomas.

The company said the deal would help boost confidence among taxpayer-funded customers, after the Cabinet Office told them to make contingency plans.

UKCloud, based in Farnborough, provides cloud computing services such as data storage and processing to central government, defence and the NHS. It is seen as a UK-based alternative to the US giants of Amazon, Microsoft and Google, ensuring that data is stored in Britain and could not be transferred abroad.

However, it warned last year that it needed further investment to keep operating and to pay taxes and debt. UKCloud recorded a 17.9m loss in 2020 and appointed advisers to secure new investment.

Mr Thomas, the founder of data centre company Ark, has acquired a majority stake in UKCloud through his investment company Hadston 2. Existing investors, the venture capital firm BGF and US investor Digital Alpha, have also put more money in.

The company did not reveal a price, although it is believed to be around the 30m needed to keep operating and fund its investments.

Simon Hansford, the companys chief executive, said the company planned to expand into the Middle East, seeking contracts with governments that wanted data to be stored domestically.

Mr Hansford said there was a disproportionate amount of money that is being spent on a single hyperscaler, referring to Amazon.

You want a vibrant British tech industry, we are the people that are spending money in the UK, creating jobs, social value. I'm employing and paying taxes and my staff are paying their money here. That's not the case necessarily with one of the big American[companies].

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British cloud computing company used by Government rescued from collapse - Telegraph.co.uk

For businesses in any sector, weathering the disruption of the last couple of years has meant investing in technology. This is particularly true in the life sciences, where weve witnessed accelerated adoption of different types of technology that hold the ability to unlock some of the greatest challenges our industry is wrestling with. But its not just about new apps, more artificial intelligence or cloud computing. The very experiments and processes that take a drug from concept to patient-ready are in the process of being transformed. The initiatives that have begun as a response to COVID could produce dramatic changes to how we do science, and how we bring the products of that science to the world.

There are three areas in particular where the potential for transformation is huge, and where we are observing substantial shifts.

Cloud labs will be transformative for the biosciences, enabling scientists to effortlessly collaborate and run hugely powerful experiments from wherever they are. COVID has initiated a new drive towards the cloud, and significant progress will be made towards the cloud lab vision in 2022.

Keeping labs operational is critical. This has been shown to dramatic effect across the industry as critical projects have been delayed by COVID. Solutions to ensure the resiliency of critical R&D labs to this and future crises have become paramount. As a result, weve seen a resurgence of interest in the last 24 months in cloud labs, because they can offer resiliency that doesnt require everyone to be in the lab simultaneously.

This is quite different to previous drives toward the cloud-lab model, which primarily focussed on their enablement of lab work without the need for highly costly labs and equipment, analogous to cloud computing. In this new focus, cloud labs could be either external enabling the efficient outsourcing of lab work or internal enabling resilient access to internal capacity for running experiments.

The question remains whether, after many years of hype, the cloud labs time is now? We believe its day is coming, with the adoption of disruptive digital tools moving more of the experimental process into the cloud. Contract research and development organizations,in particular, are in a great position to digitize and use the hardware assets they already have to help make the cloud lab a reality as a natural extension of their existing business models.

The response to COVID highlighted the importance of our global biomanufacturing capacity. This, combined with the explosion of therapeutic modalities in recent years, has opened up massive opportunities for contract development and manufacturing organizations (CDMOs), both in overall demand, and in specific niches. New CDMOs are looking to technology as a differentiating factor, employing automation and cloud technologies as never before.

It's well recognised that we need a large amount of flexible manufacturing capacity to respond to this pandemic, and to whatever nature throws at us next. And this need is likely to increase over time, as biotechnology continues to step up to the world's biggest problems. A multitude of established pharma and dynamically growing, diverse biotechs are looking to CDMOs to provide or augment their manufacturing capabilities.

This has prompted a huge flurry of announcements of capacity increases by existing CDMOs, and the formation of many new CDMOs that are looking to establish themselves in specific niches. Its these new CDMOs, unencumbered by legacy technologies, who are seizing the opportunity to build out their operations with a radically different direction, with cloud technology and automation transforming how they can run projects and connect those projects with their clients.

Scientists will increasingly employ more effective experimental designs. Combined with modern cloud and automation technologies, this will result in a dramatic increase in the rate of biological discovery.

Experiments have always been expensive, and the logistics for assembling all the necessary reagents, cell lines and consumables slow. Perhaps its the extended timelines and greater expense imposed by COVID-related supply chain issues that is driving scientists to look at how they could get more bang for their experimental buck. Whatever the reason, were observing a dramatic increase in interest in being able to perform hugely powerful, multifactorial experiments.This is hugely exciting for a number of reasons.

Firstly, these experiments are able to cut through biological complexity and give transformative insight, unparalleled by more common experimental approaches. But perhaps more importantly for the future, it marks a shift to a way of working where building models of the systems involved is the norm.It points the way towards a future of much more systematic experimental methodologies, supported by automation andmachine learning, that will drive a transformative step-change in the already rapid rate of bioscience progress.

COVID-19 has simultaneously shown the power of nature and the depth of the scientific and technological resources that humanity can bring to bear on a pandemic. But it has also emphasized to many of us the imperative for continued innovation in how we do our science, catalyzing a shift to more powerful tools and methodologies. If one of the legacies from this pandemic is that resulting changes to industry can stop the next one in its tracks, that would be a true victory for the power of human ingenuity.

Markus Gershater is co-founder and chief scientific officer at Synthace

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Biosciences in 2022: Bioscience Reaps Benefits From the Cloud - Technology Networks