Looking at the current cloud market trends is like a quick glimpse into the future. Whatever innovative technology is on the menu, you can be sure that the big players are investing. Discover more in Henstu’s Weekly Cloud Trends.

The State of Machine Learning in 2020

To overcome the hardships of 2020, quite a lot of companies are looking for pioneering technologies as the means to carry out. Certain businesses are not only managing to endure that way but are also flourishing. Apart from cloud computing, machine learning and AI are on the radar as well. According to the latest reports, firms are investing in the benefits of deep learning and ML. Here’s a snippet: “Along with questions about AI adoption and implementation, the McKinsey State of AI report examines companies whose AI applications led to EBIT growth of 20% or more in 2019. Among the report’s findings: Respondents from those companies were more likely to rate C-suite executives as very effective, and the companies were more likely to employ data scientists than other businesses were.” Moreover, "At rates of difference of 20% to 30% or more compared to others, high-performing companies were also more likely to have a strategic vision and AI initiative road map, use frameworks for AI model deployment, or use synthetic data when they encountered an insufficient amount of real-world data. These results seem consistent with a Microsoft-funded Altimeter Group survey conducted in early 2019 that found half of high-growth businesses planned to implement AI in the year ahead." Check out the full story over at VentureBeat.

Achieving 100% Renewable Energy with 24/7 Monitoring in Microsoft Sweden

Microsoft is known for making a commitment to creating 100% renewable energy supply for their buildings and datacenters by the year 2025. Remember, back in May 2020, we have seen how other major cloud providers are competing to have the “greenest way to store data.” Here's the buzz on the company’s latest effort in that department: "Today, we are announcing that Microsoft will be the first hyper-scale cloud provider to track hourly energy consumption and renewable energy matching in a commercial product using the Vattenfall 24/7 Matching solution for our new datacenter regions in Sweden, which will be available in 2021." Find out more at Microsoft's blog.

Salesforce in Talks to Buy Slack

Cloud-based software company Salesforce has unveiled its intentions to purchase Slack, the well-known business communication platform. You might think Salesforce is not too big a player in the cloud game, but nothing can be farther from the truth. Fortune reports that "Microsoft is the playing the long game too. In addition to battling Slack with Microsoft Teams, it has got Dynamics, its own Salesforce-fighting customer-relationship management software. But as the number two cloud-computing business behind only Amazon, Microsoft has less to worry about than Google, which may be provoked by Salesforce’s swaggering to make a bold bet on collaboration software of its own in the coming months." Continue reading more about this scoop, at Forbes.

Date/Time

Date(s) - 01/01/1970
12:00 AM - 12:00 AM

Location

600 5th ave. NY, NY
The new wave of cloud news tells us exactly how technology is evolving. Beyond that, we see how business owners are thinking. How is that possible? Well, through numerous valuable data and economic trends, we see a new market being shaped before our very eyes. Explore the latest stories about the cloud computing space, in Hentsu Weekly Cloud Trends.

On-premises Data Warehouses Are Dead

It seems like a bold statement, but many know it to be true. The story we keep hearing is how on-prem and traditional datacenters are fast becoming obsolete. Major cloud providers and public cloud computing services have been taking over most of the cloud market for some time. Gartner forecasts that 30% of data warehousing workloads are already run in the cloud. That number is expected to grow even more by the year 2024. Read more vital 2020 public cloud statistics here. Word is: "Even the core data warehouse technology providers have seen this trend and are spending most of their R&D budgets to build solutions for public cloud providers. Moreover, the public cloud providers themselves have 'company killing' products, such as AWS’s RedShift, a columnar database designed to compete with the larger enterprise data warehouse players." News via Infoworld.

The Evolution of Excel

Microsoft has been introducing more changes and updates to a lot of their cloud tools and cloud applications. According to a recent story, the industry veteran gives a detailed account of several new additions to its ever-popular tool, Excel. They also explain how it evolved over the years and what it still means for so many businesses around the globe. Here's a snippet: "The advantage Excel has over any other data/analytical tool is its flexibility. People are constantly evolving their spreadsheets to map the changing needs of their business processes. Until now, to get a value in a cell you either wrote a formula or typed the value directly into a cell. One cell, one value. If you wanted another value, you repeated the process, filling up the grid with a mix of disconnected data and helper cells. With data types, that all changes. Now a cell can contain a vibrant data type; one cell, a world of possibilities. Data types allow you to bring the data you care about into the grid, in its most natural form and unleash the power of Excel to gain critical insights." Have a look at the full story at MS.

Why Is Cloud Computing Moving to The Edge?

Cloud computing is moving towards edge tech. As a technology, edge infrastructure is turning into a vital next step. Gaming companies utilize edge to stream content, hospitals use edge servers to receive and analyze inbound data, and so on. The first advantage that comes to mind is capacity. More than that, edge offers low latency, better security, as well as improved transfer speeds. “Companies have already found it very easy to move to the cloud,” said Joshua Burgin, general manager of AWS Outposts. “But they have had to hold back some workloads for various reasons, such as latency, local data processing, or regulations. Now, cloud is delivered on a continuum, or consistent hybrid offering, that can meet the needs of companies requiring up to one-millisecond latency, local data processing, or needing to meet governmental or industry regulations.” Check out the full story at Forbes.

Date/Time

Date(s) - 01/01/1970
12:00 AM - 12:00 AM

Location

600 5th ave. NY, NY
The latest Weekly Cloud Trends, here at Hentsu, convey a sense of substantial progress when it comes to investments in cloud computing. Major corporations are pouring large pieces of their capital into cloud technology, and cloud-based businesses. This is particularly the case on the current banking, financial services, and hedge fund front.

Why Capital Markets Must Embrace Change and The Cloud

According to FT’s story, major companies such as HSBC, Goldman Sachs, and Deutsche Bank (in addition to others) are expanding their agreements with big cloud providers. Investments are now speeding up and the market is changing to befit the current economic landscape. As we have reported back in July, Google has partnerships with Goldman Sachs and Deutsche Bank. In fact, it was recently noted that “the drive to go digital will only intensify following the pandemic, which means that everything from market data to legal agreements to risk management is ripe for disruption. Many, if not all of these activities will be underpinned by cloud technology, which in turn opens the door to a whole range of data services, AI, distributed ledger technology, digital services, and many more. To take full advantage of such technologies, the great capital markets cloud migration needs to begin now.” Continue reading at Forbes.

IBM CEO Arvind Krishna Wants to Completely Transform His Organization

IBM is, once again, confirms its plan to shift the company’s well-known strategy for the upcoming business year. During an interview with CNBC Evolve summit, IBM CEO Arvind Krishna revealed his intentions to concentrate on “transforming his organization.” The goal is to create a hybrid cloud management vendor, moving forward. In short, this indicates that IBM “instead of trying to primarily sell its own infrastructure or software services — although it will continue to do that — it will concentrate on leveraging Red Hat, the company it bought for $34 billion in 2018, to help customers manage their hybrid environments regardless of location. That could be on-prem or it could be with any of the public cloud providers or anything in between.” Discover more at TechCrunch.

Amazon to Invest $2.8 Billion to Build its Second Data Center in India

Cloud giant Amazon uncovered the info that it intends to invest approximately $2.8 billion into setting up a new AWS Cloud region in India. Word is “The investment will allow Amazon to launch an AWS Cloud region in Hyderabad by mid-2022, said K. T. Rama Rao, Minister for Information Technology, Electronics & Communications, Municipal Administration and Urban Development and Industries & Commerce Departments, Government of Telangana. The new AWS Asia Region will be Amazon’s second infrastructure region in India, Amazon said in a press release. It did not disclose the size of the investment.” “The new AWS Asia Pacific (Hyderabad) Region will enable even more developers, start-ups, and enterprises as well as government, education, and non-profit organizations to run their applications and serve end-users from data centers located in India,” the e-commerce giant said. “Businesses in India are embracing cloud computing to reduce costs, increase agility, and enable rapid innovation to meet the needs of billions of customers in India and abroad,” adds Peter DeSantis, senior vice president of Global Infrastructure and Customer Support, AWS. Read on.

Date/Time

Date(s) - 01/01/1970
12:00 AM - 12:00 AM

Location

600 5th ave. NY, NY
As the world economy braces itself for the end of a rather turbulent year, there is a growing concern as to how major corporations are handling energy consumption. Various reports are indicating the importance of why these companies need to focus on being as eco-friendly as possible. Discover more fresh news from the tech and cloud computing scene, in our latest Weekly Cloud Trends.

The Carbon Footprint of AI and Cloud Computing

Many are beginning to question the energy spend of the market's biggest cloud providers. The question is pointed at certain companies while keeping AI (Artificial Intelligence) technology, and cloud computing in the crosshairs. The good news is that both AI and cloud continue to deliver valuable solutions to the climate crisis. Nonetheless, reports are coming in that "AI systems and cloud computing will need to clean up their own energy bills." Contrary to this particular report, most of the top cloud providers have already made gigantic efforts to ensure that their tech and systems remain green - as we have reported back in May 2020. Read more at Geographical.co.uk.

Microsoft Partners with Satellite Providers for Mobile Cloud Computing

Last week we reported that leading cloud industry players, Microsoft has launched a portable data center, created to bring cloud computing to remote environments. Now the news is official as MS, partners with satellite providers "to help bring cloud computing to remote locations via its new modular data center." Word is that "Partnerships with satellite providers like Space X and SES Networks will provide modular data centers with broadband connectivity through Space X's Starlink and SES Networks 03B internet satellites. In the event of a network disruption, traffic will automatically be moved to a backup satellite connection so essential services can continue to run. Along with its satellite partners, Microsoft has also launched its Azure Space initiative to highlight Azure as a key provider of storage, connectivity, and cloud computing to the space industry." The data center can also be utilized as a kind of mobile command center for humanitarian assistance, mineral exploration, and military missions. Read the official scoop at Yahoo Finance.

Cloud Computing in Automotive Market 2020, Stats

The story of cloud market growth continues, as key companies in the industry mark a jump in global cloud Computing in the automotive market. This, of course, refers to Amazon Web Services, Microsoft Azure, and Google Cloud Platform, as the leading players. Here's the story: "The report is mindfully designed and presented to deliver an all-inclusive version of the detailed market study and analytical review. The report takes note of multiple parameters such as region-wise developments with country-specific developments, besides highlighting dominant trends that tend to incur high-potential growth spurt in global Cloud Computing in the Automotive market." Grab the full report here.

Date/Time

Date(s) - 01/01/1970
12:00 AM - 12:00 AM

Location

600 5th ave. NY, NY
For the past few months, we have been gathering vital data related to the cloud space. Before you dive into the latest news from the cloud tech scene, feel free to discover the latest statistics in public cloud usage, enterprise cloud adoption tendencies, and more.

Cloud Infrastructure Revenue Grows 33% this Quarter to Almost $33B

The latest market data shows significant revenue growth for cloud infrastructure. The news is certainly expected, given how many businesses and users are making the switch to the cloud. TechCrunch has the word that Amazon, Microsoft, and Google “all reported their numbers and, as expected, the news was good, with Synergy Research reporting revenue growth of 33% year over year, up to almost $33 billion for the quarter.” Again, this comes as no surprise, especially considering how many businesses have been relying on the power of the public cloud during the ongoing COVID-19 crisis. Read more at TechCrunch.

The 5 Biggest Cloud Computing Trends In 2021

That’s right, we are still keeping an eye on cloud computing. This time around, Forbes singles out some of the biggest cloud computing trends projected for 2021. The multi-cloud approach is already being hailed as one of the main factors to break down the barriers between providers. In addition, AI (Artificial Intelligence) is going to improve the efficiency and speed of cloud computing. Continue reading here. Check out more cloud computing trends, as well as the latest trends in Financial Services.

Microsoft Made a Portable Data Center in a Box

This is something you do not see every day. A while back, Microsoft created a data center. Not just any data center. It is a portable data center designed to bring cloud computing to remote environments. Word is: “The modular data center is essentially a big box of servers, designed for places where it’s difficult to supply reliable cloud connectivity. Microsoft is partnering with satellite operators for connectivity, allowing this Azure Modular Datacenter (MDC) to be used as a mobile command center, in humanitarian assistance, or even military missions. “Around the world, there are significant cloud computing and storage needs in areas with adverse conditions, where low communication, disrupted network availability and limited access to specialized infrastructure would have previously prevented taking advantage of cloud computing,” says Bill Karagounis, manager of Microsoft’s Azure Global Industry Sovereign Solutions. “The MDC solves this by bringing Azure to these environments, providing datacenter scale compute resources closest to where they’re needed.” Discover more at Verge.

Date/Time

Date(s) - 01/01/1970
12:00 AM - 12:00 AM

Location

600 5th ave. NY, NY