Cloud computing is being implemented as a vital steppingstone of contemporary business and IT services. With Microsoft, Amazon, and GCP leading the pack, other numerous companies are joining the cloud computing race, including Oracle, IBM, Google, Red Hat, VMware, and more. Cloud computing isn’t the only technology out there. Various new and growing technologies are also being applied to everyday business endeavors; these primarily include Machine Learning (ML), grid computing, and, as of late, edge computing. The market is already witnessing the practical utilization of edge computing through HCI (Hyper-Converged Infrastructure).
Discover more, cool tech news and cloud computing news in our latest Weekly Cloud Trends.
Verizon Collaborates with Microsoft to Offer Private 5G Mobile Edge Computing
Major US telecommunications company, Verizon, is teaming up with Microsoft Corp. to speed-up the delivery of enterprise-grade 5G applications, towards reliable and low-latency connections. The concept is to combine Verizon’s on-site 5G Edge network with MS Azure to unlock additional computing power to end customers. As a result, businesses can create very low lag experiences.
“We have built a network that provides real-world, 5G-enabled solutions TODAY,” said Rima Qureshi, EVP and Chief Strategy Officer at Verizon. “By bringing together Verizon’s 5G network and on-site 5G Edge platform with Microsoft’s expertise in cloud services, we will enable the development of the next-generation technologies everyone has been envisioning.”
“By leveraging Verizon’s 5G network integrated with Microsoft’s cloud and edge capabilities, developers and businesses can benefit from fast, secure and reliable connections to deliver seamless digital experiences from massive industrial IoT workloads to precision medicine,” reveals Yousef Khalidi, corporate vice president Azure for Operators at Microsoft.
Read more at MS.
Cloud Computing Market, Global Forecast to 2025 – Cumulative Impact of COVID-19
This year, both the economy and the technology market have been hit heavily by the global pandemic (i.e. COVID-19). The brand new “Cloud Computing Market Research Report – Global Forecast to 2025 – Cumulative Impact of COVID-19” covers the usage of cloud computing in various industries, from banking and financial services to construction and real estate.
In addition, the report examined cloud utilization in fields such as consumer goods and retail, education, energy and utilities, government and public sector, healthcare and life sciences, information technology, manufacturing, media and entertainment, telecommunication, and travel and hospitality.
The analysis features data based on infrastructure, the cloud Computing Market studied across archiving, compute, disaster recovery and backup, and Primary storage. The data provided takes us through Platform As A Service (PaaS), Infrastructure As A Service (IaaS) numbers, and more.
Continue reading at Yahoo Finance.
Public Cloud and Private Cloud in Financial Services Analysis
Here at Hentsū, we are going to be releasing a new infographic, teeming with fresh market data, to focus on the usage of public cloud in 2020. Additionally, don’t forget to check out our recent look at our latest blog piece, Trends in Financial Services.
In the meantime, as 2020 draws to a close, another report has surfaced with detailed data regarding Global Private and Public Cloud in Financial Services Market. The report indicates analytical assessment of crucial trends, market growth opportunities, in the current Private and Public Cloud in Financial Services landscape.
Some of the key manufacturers, cloud services providers that were analyzed:
- Jack Henry & Associates
- Red Hat
Grab the full global report, here.