The Industry Cloud: Why It's Next The industry cloud has taken off and big businesses have been built by the likes of Veeva, Rootstock and others. ZDNet's Karen Roby and James Sanders look at how the industry has thrived even as giants like Salesforce, Oracle and SAP eye their turf. The Industry Cloud: Why It's Next The industry cloud has taken off and big businesses have been built by the likes of Veeva, Rootstock and others. Here's why the focus has allowed the industry to thrive even as giants like Salesforce, Oracle and SAP eye their turf. Read More Financial services companies are reluctant to use cloud-based services because security and privacy are imperative in this strictly regulated sector. At a minimum, these companies see industry auditors every 18 months. When privacy and security measures are breached, the consequences can be devastating for customers, shareholders, company officials, and employees.A study by the Cloud Security Alliance confirms this. Sixty-one … [Read more...] about The top cloud providers for financial services
Cloud computing financial services
The cloud has transformed many domains, and education is not an exception. Thanks to the cloud, many people have access to training and educational programs. Such self-education is flexible, affordable, and available to all who want to grow professionally. It is complicated to imagine modern education without the internet. Students use online resources when they have to do urgent college assignments like to write a Romeo and Juliet persuasive essay. When you simply can’t meet the deadline and do not want to fail the exam, such writing services can be much in need. Let’s have a look at how cloud computing transformed our modern education system. Reduced costs for hardware/software Many schools and educational training centers have to struggle all the time to cover the costs of IT staff, hardware, and software. If we compare the cloud, the price is much lower. Usually, you can choose the most suitable subscription-based plan to support your educational institution. To … [Read more...] about How Has Cloud Computing Transformed Education?
source Nicholas Hunt/PatrickMcMullan.com Hello! The cloud computing wars are heating up. Thomas Kurian, the new CEO of Google Cloud who came from rival Oracle, already seems to be having an impact, with Googlers and startup execs telling Rosalie Chan that he’s making headway three months in to the job. “Until now, they were losing the war,” Solo.io CEO and founder Idit Levine told Chan. “The way Google is playing, they’re saying, this is the community company. They’re branding themselves better and going multi-cloud.” He’s pushing hard to make Kubernetes, one of Google’s most popular cloud technologies, even more important to developers. Aparna Sinha, group product manager of Kubernetes and Cloud Services Platform, told Chan that Kubernetes needs to become “ubiquitous.” And the company just made a big hire, bringing in a former SAP executive to try and win bigger customers. Meanwhile, over … [Read more...] about Cloud computing wars, tax frustrations, and chaos at HQ Trivia
LONDON (Reuters) - The use of machine-learning has picked up across the financial services industry, although problems such as data quality continue to dog its progress, a study by Refinitiv has found. FILE PHOTO: A chart is displayed behind a trader on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 26, 2019. REUTERS/Lucas Jackson/File Photo In a report, Refinitiv, the financial data provider, said more than 90 percent of the organizations it surveyed had either deployed machine-learning in multiple areas of the organization or have made a start in some pockets. Machine-learning refers to the use of algorithms and statistical models in financial markets without using human directions and instead relies on patterns to make choices. While the initial driver of such technologies was the automation of repetitive tasks, the survey found that the top applications were in the areas of risk avoidance, generating trading and … [Read more...] about Machine-learning on the rise in financial services: Refinitiv
Cloud-computing companies have a message for skittish investors: demand is still booming. Earnings reports from the biggest providers of internet-based computing services -- Amazon.com Inc., Microsoft Corp., and Alphabet Inc.'s Google -- showed that these companies are grabbing a larger share of business technology spending, defying warnings from some of their suppliers that a hot corner of the industry might be cooling off. The cloud giants entered the year facing questions about whether they could sustain their robust growth rates in an environment of uncertain global economic growth and investment. And at the start of fourth-quarter earnings season last month, investors got some worrying news from companies that sell the networking equipment and computer chips that go into the data centers that underpin the cloud. Intel Corp., Micron Technology Inc. and Juniper Networks Inc. were among those blaming lackluster results on slower spending by data-center customers.Now, investors … [Read more...] about Cloud-computing giants keep growing despite slowdown fears