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Huawei Cloud Hosts Virtual Summit Showcasing the Importance of Cloud Computing in Internationalization Strategies – Fintech Singapore

huawei cloud hosts virtual summit showcasing the importance of cloud computing in internationalization strategies – fintech singapore

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Cloud has taken over the enterprise with now 90% of organizations using cloud-based services, according to Deloitte’s Tech Trends 2020 report.Investment in the field is set to boom with the consulting firm expecting cloud investments to double as a percentage of IT budget over the next three years. Forrester, meanwhile, forecasts that revenue from public cloud infrastructure, platforms, and applications, will grow to a healthy CAGR of 21% between 2018 and 2022, reaching US$411 billion over the next two years.
Huawei, the Chinese multinational tech firm is betting big on cloud computing, a field it believes will fuel future growth.
During the firm’s annual Global Analyst Summit in May, Huawei said that it has committed to investing US$200 million in its cloud and general-purpose computing ecosystem this year to develop more opportunities for enterprises and developers.Huawei’s ongoing investment in cloud computing will deliver new tools and resources for 2 million developers around the world, the company said.
Huawei Cloud also recently launched a new offering called Huawei Cloud Stack (HCS) that’s specifically designed to provide cloud services to local data centers for government and enterprise customers. HCS provides three main capabilities: unified management, data governance, and application enablement.
Huawei Cloud …

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Huawei Cloud Hosts Virtual Summit Showcasing the Importance of Cloud Computing in Internationalization Strategies – Fintech News Malaysia

huawei cloud hosts virtual summit showcasing the importance of cloud computing in internationalization strategies – fintech news malaysia

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by Sponsored Post
June 3, 2020

Cloud has taken over the enterprise with now 90% of organizations using cloud-based services, according to Deloitte’s Tech Trends 2020 report.
Investment in the field is set to boom with the consulting firm expecting cloud investments to double as a percentage of IT budget over the next three years. Forrester, meanwhile, forecasts that revenue from public cloud infrastructure, platforms, and applications, will grow to a healthy CAGR of 21% between 2018 and 2022, reaching US$411 billion over the next two years.
Huawei, the Chinese multinational tech firm is betting big on cloud computing, a field it believes will fuel future growth.
During the firm’s annual Global Analyst Summit in May, Huawei said that it has committed to investing US$200 million in its cloud and general-purpose computing ecosystem this year to develop more opportunities for enterprises and developers.Huawei’s ongoing investment in cloud computing will deliver new tools and resources for 2 million developers around the world, the company said.
Huawei Cloud also recently launched a new offering called Huawei Cloud Stack (HCS) that’s specifically designed to provide cloud services to local data centers for government and enterprise customers. HCS provides three main capabilities: unified management, data governance, and …

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7 Layers Interview: Cameron Coursey, ‘Sustainability Is One of the Areas Where IoT Can Really Make a Difference’

7 layers interview: cameron coursey, ‘sustainability is one of the areas where iot can really make a difference’

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Listen to this Q&A session between Vice President of Advanced Technical Solutions at AT&T, Cameron Coursey, and 7 Layers host Connor Craven on the IoT market and use cases.

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New offering from Pegasystems improves enterprise efficiency while speeding digital transformation

new offering from pegasystems improves enterprise efficiency while speeding digital transformation

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All of the studies, evaluation, and endless analysis are finally over. The current global crisis has driven companies to embrace digital transformation, and Pegasystems Inc. has positioned itself at the heart of this transition.
“There’s been a lot of talk about it over several years, and there’s been lots of initiatives, but it was missing the urgency that it needed to get things done,” said Kerim Akgonul (pictured), senior vice president of products at Pegasystems. “There’s no longer a question about whether to go through a digital transformation. Everybody knows it’s a ‘yes.’”
Akgonul spoke with Dave Vellante, host of theCUBE, SiliconANGLE Media’s livestreaming studio, during the PegaWorld iNspire virtual event. They discussed a new software architecture for bridging tech stacks, the role of real-time data in driving artificial intelligence, and how Pega’s customers have responded to a more uncertain and volatile world. (* Disclosure below.)
Closing connectivity gaps
Pegasystems unveiled a new offering on Tuesday to help move enterprises further along the digital transformation journey. Pega Process Fabric was released as a cloud-based software architecture that used APIs, an open UX framework, robotic automation, UI components, and data virtualization to bridge connectivity gaps between …

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Europe’s Gaia-X cloud computing platform takes shape

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

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BERLIN — A proposed European cloud computing platform that seeks to break the continent’s reliance on Silicon Valley will take shape in the coming weeks when a group of 22 French and German companies set up a legal entity to run it.The entity managing the Gaia-X platform will be registered as a company under Belgian law and will function as a non-profit, according to a status update on the project seen by Reuters.Berlin and Paris are championing Gaia-X as a counterweight to the U.S. cloud computing providers – AWS, Microsoft Azure and Alphabet’s Google – that dominate the business of handling computing tasks on remote servers.The two largest economies in the European Union have cast the issue of where data is hosted and processed as a matter both of sovereignty and security. A launch for Gaia-X is targeted for early 2021.Among firms involved in developing the platform are SAP , Deutsche Telekom, Siemens and Bosch of Germany and France’s Atos, formerly headed by European Commissioner Thierry Breton.German Economy Minister Peter Altmaier and his French counterpart Bruno Le Maire will brief reporters on progress on Gaia-X on Thursday. (Reporting by Christian Kraemer Writing by Douglas Busvine Editing by …

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Consider the Promises and Challenges of Medical Image Analyses Using Machine Learning

consider the promises and challenges of medical image analyses using machine learning

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Medical imaging saves millions of lives each year, helping doctors detect and diagnose a wide range of diseases, from cancer and appendicitis to stroke and heart disease. Because non-invasive early disease detection saves so many lives, scientific investment continues to increase. Artifical intelligence (AI) has the potential to revolutionize the medical imaging industry by sifting through mountains of scans quickly and offering providers and patients with life-changing insights into a variety of diseases, injuries, and conditions that may be hard to detect without the supplemental technology.Images are the largest source of data in healthcare and, at the same time, one of the most challenging sources to analyze. Clinicians today must rely mainly on medical image analysis performed by overworked radiologists and sometimes analyze scans themselves. The interpretations of medical data are being made mostly by a medical expert. In terms of image interpretation by a human expert, it is entirely limited given its subjectivity, the complexity of the image, the extensive variations that exist across different interpreters, and fatigue.
Despite constant advances in the medical imaging space, almost one in four patients experiences false positives on image readings. This can lead to unnecessary invasive procedures and follow-up scans that …

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Cloud Computing Services Market 2020: Emerging Top Key Players like Amazon Web Services, Cisco Systems, Google, IBM, Microsoft, Netsuite, Oracle, VMWare, Yahoo

cloud computing services market 2020: emerging top key players like amazon web services, cisco systems, google, ibm, microsoft, netsuite, oracle, vmware, yahoo

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The need for a more efficient automated computing service coupled with demands for higher efficiencies in the IT-based operations is anticipated to be a major driver for the cloud computing services market. Also, an increasing number of small and medium enterprises availing the cloud services owing to the lower total cost of ownership (TCO) would further propel the cloud computing services market. Concerns around the security of the data in the cloud services still hinder the growth of the cloud computing services market. Strengthening internet infrastructures in the majority of the developing economies and a strong emphasis on the cloud-based services laid down by organizations would provide good opportunities to the players operating in the cloud computing services market.
By thinking from the customer point of view, a team of researchers, analysts and industry experts work carefully to generate this Cloud Computing Services Market research report. Top players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are also re-evaluated in this Cloud Computing Services Market research report. This report aims to examine the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, …

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Microsoft Could Be a $2 Trillion Company. Analyst Sees Gains From Cloud Business.

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

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Photograph by Drew Angerer/Getty Images

Microsoft
stock has climbed more than 15% in 2020 as the company has avoided much impact from Covid-19. Yet
Wells Fargo
argues that the shares have more room to run—and that the tech giant’s market capitalization could grow to more than $2 trillion on the strength of its Azure cloud-computing business.
Analyst Philip Winslow reiterated an Outperform rating on Microsoft Tuesday, while boosting his target for the stock price to $250 from $205, based on the strength of the company’s cloud offerings.
The pandemic “has created a Zeitgeist moment for the cloud as a whole,” as the last holdouts with a ‘no-cloud’ strategy have finally been forced to embrace the movement, he wrote in a research note, saying he expects “Microsoft Azure to disproportionately benefit as the ‘enterprise cloud.’”
While
Amazon.com’s
(AMZN) Amazon Web Services is still the biggest cloud provider, Winslow believes that Microsoft is narrowing the gap, while pulling farther ahead of the No. 3 player,
Alphabet’s
(GOOGL) Google Cloud. While investors have already clearly recognized the potential for Microsoft and piled into the shares, “the full multi-year impact of Azure’s growth potential is still not properly reflected in consensus estimates or …

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How a Strong Company Culture Can Drive Digital Transformation – EnterpriseTalk

how a strong company culture can drive digital transformation – enterprisetalk

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Enterprises need to adapt to a forward-thinking approach to pave the way for digital transformation
Now, more than ever before, organizations are relying on a driven and engaged workforcethat is safe, happy, self-motivated, and built for collaboration, and productivity as well asthe business’s bottom line.
After all, how can anyone expect a dysfunctional, toxic culture to translate into a productivehome working scenario that’s committed to pushing revenue into the black? Or provide awelcoming environment and seamless on boarding process – especially when it must takeplace remotely – for a new starter to remain loyal and eager to succeed?
Staggeringly, breath HR’s ‘The Culture Economy’ 2018 report highlights how poor companyculture costs £23.6bn per year – with 34% of people quitting their jobs because of a direworkplace atmosphere. The figures continue to back up how a motivated team can drivecommercial success. For example, research by financial economists showed companies thatwere listed as being among ‘the best places to work’ delivered nearly 20% higher returns to shareholders. Why? Because their teams were given the support to remain mentally-strong, the correct tools to be productive and the motivation to be trusted to do their jobs well –much to the benefit of the end user.
There are …

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