It seems that the cloud is reaching every facet of the technology market. This week’s technology news round-up sees several new and exciting developments, where cloud computing is being the dominant force, which keeps pushing things froward. Let’s have a look.
Cloud Computing Powering Mobile Robotics
Cloud infrastructure brings a variety of benefits to different areas of the tech industry. This time we see it employed for robots as a crucial part for both deployment (development, configuration, installment) and operation (maintenance, analytics, and control). Computing power of cloud infrastructure is also used to store and manage the huge amount of gathered data, in addition to training complex algorithms for powering robot cognition.
Now, many cloud providers are collaborating with robotics developers, AWS, Microsoft Azure, and Google Cloud.
“Since 1961, most commercial robots have been wired or tied to external infrastructure for movement. The next generation of robot deployments will be increasingly mobile, tied to cellular and WIFI connectivity, will consume vast troves of data in order to operate autonomously, and will need effective management through real-time measurements for performance, status and operability,” said Rian Whitton, Senior Analyst at ABI Research.
News via TelecomTV.
Microsoft’s Text Analytics Tech for Healthcare
On top of the many features of Microsoft’s Azure cloud platform, the powerful cloud service has now uncovered a brand new iteration of Text Analytics technology for healthcare.
Word is that the upgraded Text Analytics for health “enables health care providers, researchers, and companies to extract rich insights and relationships from unstructured medical data,” said Eric Boyd, Microsoft’s corporate vice president of Azure AI.
“COVID-19 has accelerated the urgency, particularly for the healthcare industry,” Boyd added. “With the overwhelming amount of healthcare data generated every year, it is increasingly critical for providers to quickly unlock access to this information to find new solutions that improve patient outcomes.”
News via GeekWire.
3 Cloud Computing Stocks to Keep an Eye On
Cloud computing has been growing for the past few years, and we have seen a huge amount of big-name companies embracing the technology for their businesses. What is more, in 2020 the cloud has proven to be a strong ally in a time of a global pandemic.
Of course, for years, cloud computing has proved to be a solid investment theme, but now things are looking even better. NVIDIA CEO Jensen Huang revealed on a recent conference call, “The basic computing elements are now storage servers, CPU servers, and GPU servers and are composed and orchestrated by hyperscale applications that are serving millions of users simultaneously.”
It was previously projected that the entire cloud computing market is going to grow 17% this year towards $266 billion – mind you, this was prior to the worldwide COVID-19 health crisis, which has cleared boosted the trend even more.
Meanwhile, Microsoft is dominating on the enterprise SaaS scene with its Microsoft 365 suite. At present though, it was noted that in terms of cloud computing stock investment, NVIDIA, Microsoft, and Alibaba are the ones to watch out for.
Here’s a snip: “However, the cloud infrastructure services market is where the heavyweights such as Amazon Web Services (AWS) and Microsoft Azure are knocking heads. Cloud infrastructure services, including what is known as infrastructure as a service (IaaS), are growing faster than SaaS. Microsoft and Alibaba (NYSE: BABA) are two of the largest providers in the world, and both are gaining market share.”
News via TMF.