May 24, 11:05 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Sean Williams 05/24/18 AT 10:31 AM In 2017, nothing was hotter than cryptocurrencies. Over a 12-month span, the aggregate value of digital currencies soared by almost $600 billion, which works out to more than 3,300% on a percentage basis. At the heart of it, all was the emergence of blockchain technology.Blockchain Takes Center StageBlockchain technology is officially the digital, distributed, and decentralized ledger responsible for recording transactions without the need for a financial intermediary. But in plainer English, it represents a new way of transmitting money without using traditional banking networks, as well as a means of recording data in an immutable (unchanging) manner. This latter point is important, as it demonstrates that blockchain has applications that extend beyond just the financial services industry.This article originally … [Read more...] about Amazon To Offer Blockchain-As-A-Service To Its Enterprise Cloud Clients
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Credit: ManomotionAs we noted a few weeks back, AI is seeping into enterprise software. It has gotten to the point where features like smart recommendation systems for next-best actions or offers; behavior prediction for customers; guarding against cyberattacks; or prescriptive analytics for preventing unplanned downtime are becoming checkbox items. When embedded into off-the-shelf applications, enterprises often don't have to train specialists to reap tangible benefits of from AI.But increasingly, when it comes to AI, enterprises are getting hungry to take the law into their own hands, while computer science graduates want to put machine learning or deep learning on their resumes. The growing array of cloud services that are making machine learning accessible to non-PhD developers, like Amazon SageMaker, Microsoft Azure Machine Learning Studio, and Google Cloud AutoML would not be proliferating if the demand weren't there.Admittedly, most of the action to date has been about machine … [Read more...] about Deep Learning: The interest is more than latent
Serverless computing might be the flavor of the month, but it’s really nothing new. Developes have been using its underlying technology for a long time now, because it has powered much of the public cloud’s platform-as-a-service features. Fire up a S3 instance on Amazon Web Services or a website on Microsoft Azure, and you’re using serverless technologies; all that’s different from an AWS Lambda or an Azure Function is what’s running and what it’s called.On Azure, one of the key serverless technologies is WebJobs, an independent process that handles back-end services for Azure’s web application platform. WebJobs has given the Microsoft team building and running Azure a lot of experience in creating and managing server instances that run stateless code. A server can be stood up in milliseconds and torn down as quickly. Yes, there’s some latency, but the economic benefits of near-on-demand compute work well both for Azure and for its … [Read more...] about Azure Logic Apps: The IFTTT or Quick Basic for serverless computing
The amount of new technologies in 2017 has been overwhelming: The cloud was adopted faster than analysts projected and brought several new tools with it; AI was introduced into just about all areas of our lives; IoT and edge computing emerged; and a slew of cloud-native technologies came into fruition, such as Kubernetes, serverless, and cloud databases, to name a few. I covered some of these a year ago in my 2017 predictions and it’s now time to analyze the trends and anticipate what will likely happen in the tech arena next year.While we love new tech, the average business owner, IT buyer, and software developer glaze over this massive innovation and don’t know how to start turning it into business value. We will see several trends emerge in 2018, and their key focus will be on making new technology easy and consumable.Integrated platforms and everything becomes serverlessAmazon and the other cloud providers are in a race to gain and maintain market share, so they keep on … [Read more...] about In 2018, can cloud, big data, and AI stand more turmoil?