Advertisement

3 Top Cloud Computing Stocks to Buy in July @themotleyfool #stocks $CRM $PLAN $CRWD $IBM $ORCL $WDAY $SIEG.Y $SAP

3 top cloud computing stocks to buy in july @themotleyfool #stocks $crm $plan $crwd $ibm $orcl $wday $sieg.y $sap

BEGIN ARTICLE PREVIEW:

Over the last decade, cloud computing has been a top-performing investment theme. But it’s been this current health and economic crisis that has proven just how important cloud services are. With businesses and consumers grappling with shelter-in-place orders, it’s these digital systems that have played a crucial role in keeping the wheels turning. 
Thus, I think the winds filling the cloud computing industry’s sails are far from abating. Global spending was expected to be a double-digit percentage growth story before coronavirus, and the pandemic is only increasing demand, making cloud stocks an annual spending opportunity now totaling in the hundreds of billions. I like cloud stocks as the 2020s get under way. Three I own already and that I’m looking to buy more of in July are salesforce.com (NYSE:CRM), CrowdStrike Holdings (NASDAQ:CRWD), and Anaplan (NYSE:PLAN).  
A whole ecosystem built around customer engagement
Salesforce has gone from a specialized customer relationship management software-as-a-service to a massive ecosystem of services centered around relationships. In this digital age, human interaction can get downright impersonal. But Salesforce is doing its part to prevent that as far as business and customer relationships are concerned.
Sure, the whole business model springs from …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE

Key things to consider while choosing a public cloud – Express Computer

key things to consider while choosing a public cloud – express computer

BEGIN ARTICLE PREVIEW:

Read Article By Neelesh Kripalani, Sr. VP & Head- Center of Excellence – Clover InfotechThe Coronavirus pandemic has compelled organizations to shift to a remote working model overnight. As a result, organizations are frantically moving towards cloud computing and software products. As per a new IDC report, 64% of organizations in India are expected to increase their demand for cloud computing, while 56% are expected to demand for cloud software to support the new normal.To adjust to the new normal, organizations need SaaS-based collaborative apps to ensure on and off-site presence at all the times and zero-disruption to business. Since businesses have realized the limitations of physical infrastructure, pay-per-use public cloud model is witnessing an accelerated demand.However, it is important for organizations to consider the below mentioned factors while choosing a public cloud.1. It should support open source technologies – Cloud based open source technologies enable organizations to create and deploy applications with speed and consistency, thereby fostering innovation. Adoption of open source software enhances an application’s interoperability with other enterprise solutions. Open APIs allow quick and transparent integration of mission-critical applications and systems.2. It must provide tools for managing Kubernetes – Businesses should opt for public cloud platforms that provide the tools …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Key things to consider while choosing a public cloud – Express Computer”

Baidu to Ramp Up Investments in Cloud Computing, Artificial Intelligence @themotleyfool #stocks $BIDU

baidu to ramp up investments in cloud computing, artificial intelligence @themotleyfool #stocks $bidu

BEGIN ARTICLE PREVIEW:

Baidu (NASDAQ:BIDU) is making a big push into cutting-edge IT segments. The company announced Thursday that it will be allocating more capital to investments in developing corners of the market, particularly artificial intelligence (AI), cloud computing, and data centers. This project will unfold over the next 10 years, in an attempt by the China-based company to build out assets for future tech needs.
This piggybacks on the Chinese government’s ambition to develop what it calls “new infrastructure” throughout the country to dramatically modernize its economy.
Baidu did not specify how much it would spend on its new infrastructure efforts. It did say that it aims to deploy 5 million intelligent cloud servers by 2030. It would also like to train 5 million AI specialists over the next five years. It said it has already schooled over 1 million of these individuals, and has collaborated with more than 200 top Chinese universities to assist with AI and deep-learning curricula.

Image source: Getty Images.

Baidu believes that it already has a strong presence in certain segments. It says that at present, it’s a “world-leading AI platform company.” 
“Baidu is well positioned to make large contributions to the development of new infrastructure in China, which will support the …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Baidu to Ramp Up Investments in Cloud Computing, Artificial Intelligence @themotleyfool #stocks $BIDU”

Delivering AIOps on the Microsoft Azure Cloud Platform

delivering aiops on the microsoft azure cloud platform

BEGIN ARTICLE PREVIEW:

Cloud has become a primary destination for several SMEs and large enterprises, credit to its lower costs and improved performance versus on-prem infrastructure. This development has sparked a surge in technological advancements, including machine learning (ML), cloud IT operations management (ITOM), and artificial intelligence (AI) tools.
While AI and Machine Learning has bought a transformation into the digital way of life, AIOps is redefying cloud service building and operating.  AIOps holds a broader value and encapsulates broader range including customer experience at scale, service quality assurance, boosting engineers’ productivity and continuous COGS reduction. Another concern to be addressed remains the uniqueness of AIOps solutions compared to applying AI and ML into other domains.

By implementing AI and ML on Microsoft Azure, enterprises gain maximum on-
• Efficient AIOps and MLOps
AI and ML workloads are massive making Azure cloud an excellent choice for Machine Learning Operations (MLOps) and Artificial Intelligence Operations (AIOps). Microsoft Azure offers resource scalability and lower overall resource acquisition costs when compared with on-prem, driving down the business cost of enabling AIOps and MLOps in the cloud.
• Edge processing for AIOps and MLOps
In addition to being massive, AI and ML workloads are highly sensitive to read/write …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Delivering AIOps on the Microsoft Azure Cloud Platform”

Baidu Unveils Plan to Increase Investments in New Infrastructure

baidu unveils plan to increase investments in new infrastructure

BEGIN ARTICLE PREVIEW:

Baidu Plans to Deploy 5 Million AI Cloud Servers by 2030 and Train 5 Million AI Professionals

 Baidu, Inc. recently announced that it will increase its investments in cloud computing, AI education, AI platforms, chipsets, and data centers in the coming ten years as part of its efforts to construct “new infrastructure” for the smart economy of the future.

Layout of Baidu’s AI-powered new infrastructure

Under the plan, Baidu aims to have 5 million intelligent cloud servers by 2030 and train 5 million AI professionals within 5 years, which will help facilitate the widespread application of AI in transportation, city management, finance, energy, health care, and manufacturing to eventually achieve industrial intelligence.

“New infrastructure–which encompasses emerging technologies like AI, cloud computing, 5G, IoT, and blockchain–will be the driver for China’s economic development in the coming decades,” said Baidu Chief Technology Officer Haifeng Wang, underscoring the importance of the plan.
Recommended AI News: New Training Course Aims To Make It Easy To Get Started With EdgeX Foundry
“As a world-leading AI platform company, Baidu is well positioned to make large contributions to the development of new infrastructure in China, which will support the implementation of AI applications in different industries.”
The investment plan will …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Baidu Unveils Plan to Increase Investments in New Infrastructure”

5 Cloud Stocks Set to Rally in the Second Half of 2020

Information Access and Management (IAM) Platform powers IAM Network - 60,000 + engaged information professionals worldwide.

BEGIN ARTICLE PREVIEW:

Digitalization isn’t new but the pandemic has surely bumped up corporate spending on cloud computing, digital transformation, big data analytics and AI. The coronavirus outbreak drove the remote working trend, forcing business to reset priorities.This is surely fuelling the top line of software companies, especially, cloud stocks as more and more companies continue to shift from on-premise software to applications on the cloud.Work-and-Play-From-Home Trend Boosts Cloud StocksEven as the pandemic has halted several business operations, cloud stocks have been skyrocketing since the outbreak. The adaptation of cloud-based services is nowgrowing faster as people rely more on their products and services to work and play from home.Technology giants like Microsoft are focusing more on cloud computing and software-as-a-service. This is because companies are looking for more administrative, workflow and collaboration tools to integrate their remote working employees and create a virtual office-like environment. In fact, bigger companies require more sophisticated cloud architecture to shift their data and software applications online.So far this year, Tencent Holdings Limited TCEHY has hired more than 3,000 employees for its cloud division. The company is taking aggressive measures to position its cloud business and beat its rival Alibaba Group in capturing the …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “5 Cloud Stocks Set to Rally in the Second Half of 2020”

Why there’s a case for European cloud alternatives – TechHQ

why there’s a case for european cloud alternatives – techhq

BEGIN ARTICLE PREVIEW:

Europe is emerging as a strong contender in the global cloud market.

3 July 2020

Source: Shutterstock

US and Chinese tech giants are dominating the cloud scene
Europe is adamant in establishing homegrown cloud technologies and setting new data policies 

In 2017, Gartner predicted that the domination of Amazon Web Services (AWS) and Microsoft’s Azure cloud would see the public cloud market remain a two-horse race. 
The global research firm stated: “By 2019, 90% of native cloud IaaS providers will be forced out of this market by the AWS-Microsoft duopoly.”

While the intense competition between the vendors would mean competitive prices and services, Gartner said, the benefits are short-lived in the absence of other competition. 
Today, in the US, while the cloud computing ecosystem has become richer, AWS and Azure remain towering central figures, while Google Cloud remains a strong third, and the Red Hat-fueled IBM also contends. 
On a global level, China’s Alibaba Cloud nips into third position ahead of Google. Other players high in the world ranks include VMWare, Oracle and SAP, and while the latter is German-born, homegrown European firms don’t feature heavily in the tables. That’s despite the continent’s commitment to driving massive digital transformation projects …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Why there’s a case for European cloud alternatives – TechHQ”

Alibaba News Roundup: Cloud Computing, Meatless Meats and Historical Relics | Alizila.com

alibaba news roundup: cloud computing, meatless meats and historical relics | alizila.com

BEGIN ARTICLE PREVIEW:

The Alibaba News Roundup is a weekly digest of events and happenings across the company. This week’s coverage looks at Alibaba Cloud’s growth ambitions, Freshippo and Beyond Meat’s plant-based partnership and how a livestreamed tour brought netizens close to the Rosetta Stone.To receive the latest news direct in your inbox, sign up for the weekly Alizila newsletter.
Alibaba Cloud Aims High with Growth Strategy
At the Alibaba Cloud Summit on Thursday, Alibaba Group’s cloud-computing division outlined its plans for global growth, including its goal of becoming the “world’s leading digital intelligence backbone” by 2023. At the virtual event, Alibaba Cloud Intelligence President Jeff Zhang said the business was fully committed to helping clients of all sizes and sectors accelerate their digital transformation to achieve longterm success in the post-coronavirus reality. The division also announced its partnership with multinational consumer-goods company Unilever, the launch of new partnerships and data infrastructure in Southeast Asia as well as a slate of new products and services. Click here to read more about the summit.
Freshippo and Beyond Meat Feed China’s Plant-Based Market
Pioneering plant-based meat brand Beyond Meat this week announced its partnership with Alibaba’s New Retail …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Alibaba News Roundup: Cloud Computing, Meatless Meats and Historical Relics | Alizila.com”

AMZN: 5 Cloud Computing Stocks that are Expected to Outperform | StockNews.com

amzn: 5 cloud computing stocks that are expected to outperform | stocknews.com

BEGIN ARTICLE PREVIEW:

The coronavirus has been responsible for widespread changes in the US economy. Consumer preferences have changed which has resulted in increased demand for certain industries. Cloud computing, which had been a niche industry, is slated to take center stage.As more people have been working from home, there has been an increase in video conferencing, and distance education. This bodes well for cloud computing service providers since many individuals and companies will be shifting their work online. Large companies now require sophisticated cloud architectures to shift their data and software applications online.  Here are five cloud computing stocks expected to do well in the second half of 2020:Amazon (AMZN)With the spread of the pandemic, AMZN has received a boost not just to its core business of e-commerce, but also to its cloud computing services. In the first quarter of this year, AMZN’s cloud computing segment AWS, brought in a record of $10 billion in revenue. That was a rise in revenue of 34.2% compared to the same period last year.With cloud computing being increasingly important for the world, AMZN is well-poised to experience high growth in the sector. AMZN has a Strong Buy rating in the StockNews.com POWR …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “AMZN: 5 Cloud Computing Stocks that are Expected to Outperform | StockNews.com”

In Cloud Clash With Alibaba, Underdog Tencent Adopts More Aggressive Tactics

in cloud clash with alibaba, underdog tencent adopts more aggressive tactics

BEGIN ARTICLE PREVIEW:

HONG KONG/SHANGHAI — For Chinese cloud services companies, the coronavirus outbreak has become a rainmaker, bringing in new business far and wide as firms shift work online and authorities develop apps and systems to help contain outbreaks and manage social restrictions.For Tencent Holdings Ltd in particular, it has also become the perfect time to flex new muscles as it seeks to catch up with Alibaba Group Holding Ltd, its arch-rival and the dominant player in the country’s cloud market by far.Tencent began to display a new level of aggressiveness after positioning its cloud business as a major area of growth in September 2018, and that has only amped up amid the pandemic, employees say.”The competition with Alibaba is so fierce right now, the sales teams are fighting them for every deal,” said a source in Tencent’s cloud division who was not authorised to speak on the matter and declined to be identified.This year alone, Tencent has hired more than 3,000 employees for its cloud division. And as China went into lockdown and demand for corporate video bandwidth surged in February, it added 100,000 cloud servers in eight days to support a two-month old product, Tencent Conference – a feat …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “In Cloud Clash With Alibaba, Underdog Tencent Adopts More Aggressive Tactics”