Category Archives: Cloud Computing

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A Pin-point overview of TOC of Infertility Treatment Market are:

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Industry analysis - Porter's Five Force

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At 17.5% CAGR, Trends of Healthcare Cloud Computing Market Reviewed with Industr - Business-newsupdate.com

SINGAPORE -Media OutReach-5 February2021 -Despite majority of Singapore employers(89%) reporting that the COVID-19 pandemic has accelerated the adoption of cloudcomputing and Machine Learning (ML) in their companies, obstacles abound. Singaporebusiness leaders say that the largest hindrance to adopting cloud computing andML technologies is the shortage of relevant in-house IT support (64%), amongstother reasons such as 'employees do not have the relevant skill sets' (58%) and'the lack of financial resources' (46%).

alt="NTUC LearningHub Survey Reveals Accelerated Business Needs In Cloud Computing And Machine Learning Outpacing Singapore Talent Supply; Skills Gap A Hindrance To Implementing These Technologies"

These are some ofthe key findings from the recently launched NTUC LearningHub (NTUC LHUB)Industry Insights report on cloud computing and ML in Singapore. The report is basedon in-depth interviews with industry experts, such as Amazon Web Services (AWS)and NTUC LHUB, and a survey with 300 hiring managers across industries inSingapore.

While organisationsare keen to adopt cloud computing and ML to improve the company's businessperformance (64%), obtain business insights from Big Data (59%) and performmundane or tedious tasks (53%), a third of Singapore employers (32%) say theircompanies have insufficient talent to implement cloud computing and MLtechnologies.

To overcome thisshortage, companies say they have been upskilling employees that have relevantskill sets/ roles (55%), and reskilling employees that have completelydifferent skill sets/ roles (44%). In a further show of how organisations werewilling to take steps to overcome this skills gap, three in five (61%) stronglyagree or agree that they will be open to hiring individuals with relevantmicro-credentials, even if these candidates has no relevant experience oreducation degrees.

Looking to thefuture, four in five employers (81%) agree or strongly agree that ML will bethe most in-demand Artificial Intelligence (AI) skill in 2021. Meanwhile, sevenout of 10 surveyed (70%) indicated they will be willing to offer a premium fortalent with AI and ML skills.

"The report reinforces the growing demand for a cloud-skilled workforce inSingapore, and the critical need to upskill and reskill local talent", said TanLee Chew, Managing Director, ASEAN, Worldwide Public Sector, AWS. "Thecollaboration across government, businesses, education and traininginstitutions will be instrumental in helping Singapore employers address theseskills gaps. AWS will continue to collaborate with training providers like NTUCLearningHub to make skills training accessible to help Singaporeans, fromstudents to adult learners, to remain relevant today and prepare for the future."

NTUC LHUB's Head ofICT, Isa Nasser also adds, "While much of the talent demand encompasses technicalpositions such as data scientists and data engineers, businesses are alsolooking for staff to pick up practical ML and data science skills sets that canbe applied to their existing work. Thatis why in today's digital age, most professionals would benefit greatly frompicking up some data science skills to enable them to deploy ML applicationsand use cases in their organization. We highly urge workers to get started on equipping themselveswith ML skills, including understanding the core concepts of data science, aswell as familiarising themselves on the use of cloud or ML platforms such as AmazonSageMaker."

To download theIndustry Insights: Cloud Computing and ML report, visit

https://www.ntuclearninghub.com/machine-learning-cloud.

NTUCLearningHub is the leading Continuing Education and Training provider in Singapore,which aims to transform the lifelong employability of working people. Since ourcorporatisation in 2004, we have been working employers and individual learnersto provide learning solutions in areas such as Cloud, Infocomm Technology,Healthcare, Employability & Literacy, Business Excellence, Workplace Safety& Health, Security, Human Resources and Foreign Worker Training.

Todate, NTUC LearningHub has helped over 25,000 organisations and achieved over2.5 million training places across more than 500 courses with a pool of over460 certified trainers. As a Total Learning Solutions provider toorganisations, we also forge partnerships and offer a wide range of relevantend-to-end training solutions and work constantly to improve our trainingquality and delivery. In 2020, we have accelerated our foray into onlinelearning with our Virtual Live Classes and, through working with best-in-classpartners such as IBM, DuPont Sustainable Solutions and GO1, asynchronous onlinecourses.

For moreinformation, visitwww.ntuclearninghub.com.

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NTUC LearningHub Survey Reveals Accelerated Business Needs In Cloud Computing And Machine Learning Outpacing Singapore Talent Supply; Skills Gap A...

Incoming Amazon Chief Executive Officer Andy Jassy cuts a low profile outside of the wonky world of cloud computing. But for much of the last decade he's been arguably the most important person in the tech industry.

The unit he leads, Amazon Web Services, has reshaped how companies buy technology, by simplifying computing services into their component pieces and offering them essentially for rent over the internet. The business was initially dismissed by enterprise software giants like Oracle before that company and others quickly sought to emulate elements of AWS's strategy.

In the same earnings report in which Amazon said Jassy, 53, would succeed Jeff Bezos later this year, the company reported that AWS pulled in $12.7 billion (roughly Rs.92,600 crores) in sales in the fourth quarter, making the unit a $50 billion (roughly Rs. 3,64,600 crores) business on an annual basis.

Andy brings the first principles thinking that has always been a part of what's made Amazon successful - deeply trying to understand the end customer, creating building blocks by which other people can build and than being good at rapidly iterating, said Matt McIlwain, a managing director with Madrona Venture Group in Seattle, who has closely tracked Amazon's rise. He watched how Jeff approached problems. That's very important because there a lot of things that are deeply embedded in the culture of Amazon.

Jassy has led AWS since before the launch of its first major services in 2006. Cloud computing was not a natural area for Amazon, then almost exclusively an online retail company. But Amazon's expertise in creating digital systems and running its own sometimes-cumbersome technology, gave Bezos, Jassy and other executives confidence that they could come up with an answer to problems confounding other big corporate technology buyers.

AWS's early customers were primarily startups, and Amazon built the business through trial and error quietly, tucking the unit into a catchall category in financial results. By the time Amazon disclosed the unit's revenue in 2015, AWS was already on its way toward unseating business technology incumbents. Researcher Gartner Inc. estimates Amazon had a 45 percent market share in infrastructure as a service as of 2019, its most recent data.

Jassy was named CEO of AWS in a reorganisation that gave longtime logistics and retail executive Jeff Wilke oversight of Amazon's retail unit. When Wilke announced his retirement last year, Jassy became Bezos's obvious successor.

Jassy joined Amazon in 1997, after attending Harvard Business School. Early in his career, he served as the first technical adviser to Bezos, a sort of chief of staff role that had him sitting in on all of the top executive's meetings and providing counsel on a wide range of issues.

Whether by nature or that experience as Bezos's shadow, Jassy is uncannily similar to his boss, current and former colleagues say. He has instituted Amazon's preference for rigorous data-driven decision-making throughout AWS and has been known to intervene in meetings when executives go on tangents unrelated to pleasing the customer. Colleagues say he's precise and can recall small details from long-ago meetings.

Jassy is also known as an occasional micromanager on projects close to his heart, another trait he has in common with Bezos. His challenge as CEO will be to understand the consumer and logistics parts of the business as well as he knows AWS.

Jassy over the years has shown a passion for social and philanthropic issues not often associated with Amazon's sometimes single-minded founding CEO. He has long devoted time to a Seattle nonprofit that helps low-income students get into top schools. As homelessness became an all-consuming issue in Amazon's hometown, Jassy quietly joined the company's local city council member in walking the city during the one-night count designed to tally the scale of the crisis.

Raised in the New York City area, he remains an avid New York sports fan, and holds a minority stake in the Seattle Kraken expansion National Hockey League team.

- With assistance from Dina Bass. 2021 Bloomberg LP

Is LG Wing's unique design alone enough to help it succeed in India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

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Andy Jassy: How Amazons Incoming CEO Ushered in Cloud Computing Boom - Gadgets 360

ALBANY, N.Y., Feb. 2, 2021 /PRNewswire/ -- Higher education solutions have been transforming research campuses, universities, and colleges across the globe together withnew, innovative, and engaging services. The solutions of higher education comprise campus management, data security and compliance, content collaboration, and many others. These solutions are integrated into various business applications to improve their performance and capabilities, which is likely to support growth of the global higher education solutionsmarket over the analysis timeline, from 2020 to 2030. These solutions extract insights from business data in the analytical phase to assist business enterprises to make informed decisions.

There has been a rise in the demand for high quality education amongst both students and their parents is likely to play an important role in driving the growth of the global higher education solutions market in the near future. With the outbreak of Covid-19, most of the colleges and other institutes of higher education have opted for virtual classes. In this scenario, software providers of higher education solutions are offering free-of-cost college management software and education related software to assist these institutes.

The global higher education solutions marketis expected to clock an exponential growth rate of ~20%CAGR over the forecast timeline, from 2020 to 2030. Higher education solutions allow real time incorporation of various functions of educational institutes to better maintenance of databases and management of diverse functions. Universities and colleges are focusing more on offering high quality education as their core competency.

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Key Findings of Higher Education Solutions Market Study

Growing Demand for e-Learning Solutions to Accelerate Market Growth

The education sector is witnessing a paradigm shift in the models of e-Learning due to augmented demand for use of digital education and connected devices in the education sector. E-learning comes with high potential and is rapidly gaining traction amongst the next-generation learners, which is likely to drive expansion of the global higher education solutions market in the near future.Advancements in the education sector are anticipated transform personal learning experience of students. These technological advancements are also estimated to offer lucrative growth opportunities to solution developers of higher education.

High penetration of internet across different regions has augmented use of higher education solutions. As such, providers of software solutions are offering diverse and innovative solutions for learning, transferring, handling, and managing data. Advancements made in the telecom sector worldwide are encouraging educational institutes to adopt these innovative solutions. All these factors are estimated to support development of the global higher education solutions market over the analysis timeline, from 2020 to 2030.

Analyze global higher education solutions market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sampleof the study

Increased Incidences of University Data Breaches Demand High Security and Data Compliance

Universities and colleges are data storehouses as they collect sensitive data about students enrolled in different courses. This leads to augmented need for data compliance and security, particularly in a world where data breaches are becoming more common. In an effort to ensure high data security, market players are coming up with software solutions that would restrict the use of portable devices and USBs. These institutes have records of employments, health, payments, and addresses of their current and former students. All these data could be exploited for unfair use by hackers and other organizations.Demand for high security and data compliance to foster development of the global higher education solutions market in the years to come.

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Higher Education Solutions Market: Key Driving Factors

Explore 260 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Higher Education Solutions Market (Component: Software and Services; Deployment: On Premise and Cloud; and Institution Type: Public Institutions and Private Institutions) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/higher-education-solutions-market.html

Explore Transparency Market Research's award-winning coverage of the Global IT & Telecom Industry:

Talent Management Software Market The talent management system market is projected to expand at a CAGR of 10.3% during the forecast period from 2018 to 2026. Increasing demand for integrated talent management, growing trend of mobile workforce, coupled with multiple benefits offered by talent management software are encouraging the higher adoption of talent management software.

Learning Management Systems (LMS) Market The global LMS market is projected to witness steady growth over the forecast period. This can be attributed to factors such as the increasing preference for distance learning, developing network infrastructure in developing regions, the adoption of cloud-based LMS by SMEs, and corporate sectors offering online trainings to its employees.

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Global Higher Education Solutions Market to Thrive on Growing Popularity of Cloud Computing and High Consumption of Digital Content: TMR - PRNewswire

o Other NCIS Applications

Geographical scenario:

The geographical analysis of the Healthcare Cloud Computing market has been done by examining different global regions such as North America, Latin America, Middle East, Asia-Pacific, and Africa on the basis of different parameters. The primary target for the Healthcare Cloud Computing market are the Healthcare Cloud Computing countries. The Healthcare Cloud Computing market has broadly compiled through extensive research and analysis techniques such as qualitative and quantitative analysis. Furthermore, it offers a blend of SWOT and Porters five techniques to analyze the data of the global market. Moreover, this report offers a complete analysis of different business perspectives such as the ups and downs of the global market shares. To expand the market at the global level, it makes use of different techniques and sales methodologies for achieving the outcomes of the businesses.

Collectively, this research repository encapsulates data of Healthcare Cloud Computing market to offer strategic decision-making abilities to various investors, business owners, decision-makers as well as policymakers.

The Healthcare Cloud Computing Market is divided into the following regions:

North America (USA, Canada)Latin America (Chile, Brazil, Argentina, rest of Latin America)Europe (UK, Italy, Germany, France, rest of the EU)Asia Pacific (India, Japan, China, South Korea, Australia, rest of APAC)Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, rest of MEA)

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Following major key questions are addressed through this global research report:

1. What will be the Healthcare Cloud Computing market size over the forecast period?2. What are the demanding regions for making significant growth in the upcoming future?3. What are the challenges in front of the Healthcare Cloud Computing market?4. Who are the key vendors in Healthcare Cloud Computing market?5. What are the effective sales patterns and methodologies for boosting the performance of the Healthcare Cloud Computing market?6. What are the different ways to find out potential customers as well as global clients?7. Which factors are hampering the Healthcare Cloud Computing market?8. What are the outcomes of SWOT and porters five techniques?9. What are the demanding trends of the Healthcare Cloud Computing market?

Key strategic developments in the Healthcare Cloud Computing market:

This global study also includes the key strategic developments of the Healthcare Cloud Computing market including the new product launchings, partnerships and collaboration among the key players functioning at the global level.

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The report is insightful documentation and provides significant insights to customers, business owners, decision-makers, providers, distributors, suppliers, policymakers, manufacturers, investors, and individuals who have a keen interest in the Healthcare Cloud Computing market.

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Healthcare Cloud Computing Market Size, Top Key Players, Applications, Business Statistics, Trends and Forecast 2021-2027 NeighborWebSJ -...

Cloud computing took a star turn this past year for its major supporting role in keeping the economy running during the coronavirus pandemic, as it facilitated the day-to-day workflows of businesses and propped up organizations from retailers and supermarkets to medical and educational institutions.

If organizations had been hesitant about shifting their IT infrastructure from on- premises to the cloud, the pandemic was a kick-starter to adopt at least hybrid environments.An already thriving cloud industry benefited from tailwinds as on-the-fence organizations were forced to accelerate plans for moving and modernizing workloads to keep their operations running as the world turned to remote work and learning, more online buying and telehealth.

Top cloud providers Amazon Web Services, Microsoft Azure and Google Cloud saw hefty double-digit cloud revenue increases in 2020, a year that Microsoft CEO Satya Nadella said spelled the dawn of a second wave of digital transformation sweeping every company and every industry. And the three contributed to a new quarterly record for hyperscale operators capital expenditures, with much of it targeted at data centers, according to Synergy Research Group.

Cloud-based communication and collaboration tools have helped keep remote workers and their bosses connected, and cloud-based contact centers helped companies stay close to their customers across industries, including restaurants, retail, transportation, healthcare and state unemployment systems.

Cloud customers are embracing its cost-savings, speed and scalability, their access to provider technologies such as data analytics, machine learning and artificial intelligence, and their ability to incorporate third-party, cloud-native SaaS solutions. And cloud providers, independent software vendors and consulting partners increasingly are trying to address their enterprise business needswith industry-specific vertical software solutions.

This years Cloud 100 celebrates the coolest cloud computing players20 in each categoryproviding cloud infrastructure, monitoring and management, security, software and storage.

Customers are trending toward hybrid and multi-cloud environments to meet their IT infrastructure requirements, including latency needs, and industry and regulatory standards. CRNs cloud infrastructure picks range from the big three and legacy tech companies making cloud plays to niche and private cloud players and vendors with container and serverless offerings.

Three of the Cloud 100 monitoring and management companiesFlexera, Scalr and Snow Softwarewere leaders in Gartners Magic Quadrant for Cloud Management Platforms. In storage, companies ranging from Acronis to Zerto are taking the lead in what IDC forecast to be the fastest growing IT infrastructure segment for cloud environments.

Security providers making the Cloud 100 are helping cloud adopters address the challenges of management, segmentation, compliance and governance against the backdrop of an increase in security breaches and cyberattacks. SaaS is the largest segment of the public cloud services market, and the 20 companies highlighted by CRN are standouts as the industry shifts from on-premises licensed software to the new subscription-based models.

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The 100 Coolest Cloud Computing Companies Of 2021 - CRN

Cloud spending was up 33% in 2020, reaching $142 billion.

Spending on cloud infrastructure from Amazon Web Services, Microsoft Azure, Google Cloud and others reached $39.9 billion in the fourth quarter of last year up $10bn year on year.

Collectively, AWS, Microsoft Azure and Google Cloud earned 58% of the industry's revenues. For the full year, cloud spending was up 33% to $142 billion from $107 billion in 2019.

AWS remains the top cloud provider with a 31% share of total spend in Q4 2020, which is slightly down on the 32.4% share it had in Q4 2019. Nonetheless, its revenues grew 28% year on year in Q4 2020.

SEE: Kubernetes security guide (free PDF) (TechRepublic)

AWS and Google parent Alphabet reported Q4 2020 earnings this week. AWS Q4 2020 revenues reached $12.74 billion with operating income of $3.56 billion. Google Cloud, which includes G Suite/Workplace, earned $3.83 billion revenue in the quarter but had an operating loss of $1.24 billion. Microsoft reported its Q2 earnings in January, but doesn't break out Azure revenues.

In Q4 2020, Google Cloud revenues grew 58% while Microsoft Azure revenues grew 50% year on year. Trailing AWS's 32% share of the cloud market for Q4 though, Microsoft Azure had a 20% share while Google Cloud had a 7% share. In Q4 2019, AWS had a 32.4% share of revenues, followed by Microsoft Azure with 17.6%, and Google Cloud with 6%.

The COVID-19 pandemic and associated restrictions on movements have boosted demand for all sorts of tech including laptops sales, video meetings through Zoom and Microsoft Teams, and cloud spending.

Canalys said this quarter's spending on cloud was driven by "intense demand for cloud to support remote working and learning, ecommerce, content streaming, online gaming and collaboration."

SEE: AWS is opening yet another cloud computing region

"The rate of digitalization, led by cloud, is gathering pace. Companies are now more confident about releasing budgets for business transformation," said Canalys research analyst, Blake Murray.

"Large projects that were postponed earlier in the year are being re-prioritized, led by application modernization, SAP migrations and workplace transformation. Healthcare, financial services and pharmaceuticals are among the industries leading the way, but even those under most pressure are diverting investments to cloud, opening up new revenue streams and diversifying business models."

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Cloud computing: AWS is still the biggest player, but Microsoft Azure and Google Cloud are growing fast - ZDNet

The enterprise IT space over the last year has seen a rising prominence in cloud computing. Since the advent of the pandemic that, among other things, caused a massive shift to work-from-home schemes across the world, cloud infrastructure services spending too grew briskly.

This is according to industry analyst firm Canalys, which claims that total cloud services market expenditure for full-year 2020 grew by 33% to US$142 billion, up from US$107 billion in 2019. Despite an initial slowdown in large consultative-led projects, demand was higher than expected.

In the last quarter of 2020 alone, cloud infrastructure services spending increased 32% to US$39.9 billion, Canalys said, following heightened customer investment with the major cloud service providers and the technology channel.

Total expenditure was over US$3 billion higher than the last quarter and nearly US$10 billion more than Q4 2019 according to Canalys data. This is again the largest quarterly expansion in dollar terms, as continuing pandemic restrictions drove intense demand for a cloud to support remote working and learning, e-commerce, content streaming, online gaming, and collaboration.

Amazon Web Services (AWS) maintained its majority market share at 31%, enjoying 28% growth over 2020s third quarter and making investments across its global partner ecosystem to sustain its momentum.

After a mixed Q3 in terms of customer performance, AWS had a resurgence in customer investment. Microsoft Azures growth rate, on the other hand, accelerated once again, up by 50% to reach 20% of the market share, maintaining its second-place.

Microsoft has also benefited from the continued high demand for Teams, Windows Virtual Desktop, and other Microsoft services running on Azure as lockdowns tightened.

Google Cloud had the greatest growth of the big four cloud providers, seeing a 58% increase to reach 7% market share, putting it in third place, just ahead of Alibaba Cloud.

Alibaba Cloud grew 54% in the same time to account for 6% of the total market. It remained the leading cloud service provider in the Asia Pacific region, including China. It updated its hybrid cloud strategy during the quarter, with the launch of its Hybrid Cloud Partner Program and on-premises appliances targeting small and medium-sized businesses. The program will enable partners to plan, design, and resell Alibaba Cloud services with free licenses and unlimited CPU cores.

Canalys said demand for cloud services stayed strong across all enterprise customer segments, including industries most affected by the pandemic, such as retail and manufacturing.

Its research analyst Blake Murray said, The rate of digitalization, led by cloud, is gathering pace. Companies are now more confident about releasing budgets for business transformation. Large projects that were postponed earlier in the year are being re-prioritized, led by application modernization, SAP migrations, and workplace transformation.

Murray also said healthcare, financial services, and pharmaceuticals are among the industries leading the way, but even those under the most pressure are diverting investments to the cloud, opening up new revenue streams and diversifying business models.

At the same time, small and medium-sized businesses continue to turn to cloud services to help them maintain their operations and control costs. Murray reckons that the approval of Covid-19 vaccines and the start of mass vaccination programs will further increase business confidence throughout 2021, while remote working and learning will continue.

This will maintain dependence on cloud services and drive momentum in spending, though customers will become increasingly aware of the cost, security, and complexity challenges of greater cloud adoption.

All the major cloud providers are also increasing their investments in the channel, both to leverage the consulting and managed services capabilities of partners, and to expand sales capacity to drive cloud consumption.

Microsoft holds the largest share of the indirect channel with Azure, though AWS and Google Cloud are gaining ground. Meanwhile, as customers deploy different workloads across public, private, and edge cloud infrastructures, they are looking for independent partners with capabilities across multiple cloud providers.

As organizations start to consider moving more mission-critical workloads to the cloud, they will look to partners to define the right cloud platforms and strategies, as well as solve the most pressing issues around cost management, security, sovereignty, and hybrid IT integration.

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Cloud computing spend increased by a third in 2020 - TechHQ

NEW YORK, Feb. 3, 2021 /PRNewswire/ --Tech-sector 'Oscars,' The Cloud Awards, honors its top choices for Cloud-based innovation this week and says leading technology providers deserve recognition for their part in managing the global health crisis.

Categories for the 2020-21 Cloud Awards included 'Most Innovative Use of Data in the Cloud' and 'Cloud Project of the Year.'

Cloud Awards head of operations James Williams said: "The Cloud Awards team is impressed every year by the sheer magnitude of Cloud innovation. However, during the last 12 months we've faced so many unanticipated, exigent and at times appalling challenges from the pandemic.

"Cloud technologies are ever-present in our remote working tools, our scientific research and development and our globalized community, and the breathtaking innovation of the technology sector deserves to be honored.

"Whether helping to solve issues related to this global crisis directly or indirectly, the final winners of the 2020-21 Cloud Awards deserve a small place in history for their tenacity and commitment to excellence during a devastating pandemic.

"Last year, our sister program The SaaS Awards raised $3,555 for the WHO's COVID-19 relief fund. It's now open again for entries let's hope we can start to see more submissions focused on software aiding normal, everyday business operations."

Lead judge Richard Geary said: "Cloud technologies make a good platform for turning around urgent applications rapidly and at scale. This was clearly evidenced in the range of innovative technological responses to the pandemic we have seen."

Hundreds of organizations across the globe entered the Cloud Awards. You can view the full shortlist here: https://www.cloud-awards.com/2020-shortlist/.

The SaaS Awards, a sister recognition platform to the Cloud Awards, is now open for 2021 entries. This business software awards program promotes solutions across a range of industries, with a May 21 deadline: https://www.cloud-awards.com/software-as-a-service-awards

Cloud Awards Winners:

Contact:James Williams(212) 574-8117[emailprotected]

SOURCE The Cloud Awards

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Cloud Computing Awards Honor "Breathtaking Innovation in Pandemic" - PRNewswire

5G, with its promised high-speed, low-latency performance, is finally here and with it a plethora of intriguing cloud computing developments loom. It is a near-future tech boon that is impossible to overstate as 5Gs impact on the ability to create, store, use, and share data will be felt across most business sectors, especially those using the Internet of Things (IoT), AI, and machine learning. Already redefining business networks, 5G will also shift the role that cloud computing and networks play in storing, moving, and accessing data as innovation drives and creates more technological applications for digital business transformation.

Redefining the Function of the Cloud

Transforming Edge Computing

The Dawn of Network Cloudification

Converging in the Cloud

Over the past ten years, cloud computing has been an integral part of maintaining healthy IT infrastructures as businesses demand better, quicker collaboration and productivity from their distributed workforce. Increasingly safer and scalable, the cloud has been a remarkable workaround for universally slow network speeds allowing the easy transfer and sharing of large files between devices while also providing backup and recovery services to safeguard that data in case of a cybersecurity attack or natural disaster.

With the rollout of standalone 5G networks picking up pace in 2021, the cloud faces a renewal of purpose. 5G will enable mobile devices to easily transfer large volumes of data. The cloud and its various architectures (hybrid, on-premises, and public) will be necessary to manage the increase in storage needed for these devices to house the onslaught of data. This is especially true at the enterprise level, leaving cloud providers to up their storage capacity and adjust prices accordingly.

Yet, cloud providers stand to benefit too as investment in cloud services are set to explode, with growth forecasted at 18.4% in 2021 to total $304.9 billion, up from $257.5 billion in 2020.

The pandemic validated clouds value proposition, said Sid Nag, research vice president at Gartner. The ability to use on-demand, scalable cloud models to achieve cost efficiency and business continuity is providing the impetus for organizations to rapidly accelerate their digital business transformation plans. The increased use of public cloud services has reinforced cloud adoption to be the new normal, now more than ever.

Also read: Can Immersive Technology Remake the Workplace Experience?

Born alongside the proliferation of internet-connected (IoT) devices, edge computing cuts latency issues in applications associated with real-time data processing by bringing that processing and storage closer to the endpoints where that data is being collected and consumed, rather than to a centralized or cloud-based location possibly thousands of miles away. Notorious bandwidth hogs, IoT devices generate enormous amounts of data during their operation, creating an expensive bottomline for organizations that rely on IoT devices. By localizing data processing and storage, edge computing services and devices reduce bandwidth usage by processing data and only sending the relevant data through to a central data center or cloud.

In a 5G world, edge computing and IoT are the twin engines of Industry 4.0, the fourth iteration of the Industrial Revolution that sees automation and smart technology transforming manufacturing practices that will allow for autonomous cars, smart cities, telehealthcare, and better data analytics. Currently, with 20 billion IoT devices already in use and other future-forward technologies requiring low latency for critical operations, network congestion is almost inescapable. 5G and edge computing are poised to set each of these technologies into new tracks of innovation by localizing the processing and storage of their systems.

Without edge compute, 5G would continue to rely on back-haul to centralized cloud resources for storage and processing, diminishing much of the otherwise positive impact of latency reduction enabled by 5G, Furioms 5G, IoT and Edge Compute Trends notes. Thus, an edge-compute approach enables users and devices to store and access much higher volumes of data by way of direct access to the Internet rather than relying on transport through the core of cellular networks.

To meet new demand pressures, Furiom suggests that edge computings infrastructure will need enhancements in concert with data centers, virtualization providers, and network integration companies. It is all part and parcel to another evolutionary element of cloud computing: network cloudification.

Also read: How AI Will Be Pushed to the Very Edge

Many computing giants, including Intel and IBM, are investing in network cloudification, which is the process of extending cloud platforms, technologies, and virtualization capabilities throughout a network to make it more agile, flexible, and scalable. As consumer and enterprise bandwidth needs grow, networks are harnessing 5G to rapidly move toward this software-defined architecture to meet operational and application demands.

Network cloudification allows network providers to basically optimize and automate the network for greater functionality of applications operating on the edges of the network. To achieve this requires moving away from a hardware-driven infrastructure to a software-based architecture using software defined networking (SDN), network function virtualization, microsegmentation, and 5G-MEC (multi-access edge computing).

5G-driven network cloudification is the gas pedal needed to accelerate emerging technologies operating at the networks edge into hyperdrive by:

As 5G continues its global rollout, its anticipated benefits to digital business transformation as a consequence of its impact on cloud computing are already shining through. Bringing together long talked about technologies in a collective push, the marriage of 5G and the cloud promises to launch many paradigm shifts in operational efficiencies for businesses, while at the same time overseeing the convergence of mobile and enterprise networks, server platforms, emerging technologies, and the business of IT itself. As these lines continue to be crossed and blurred, the definition of a network will change and along with it the relationship between service providers, innovation, and end users.

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The Impact of 5G on Cloud Computing - IT Business Edge