Cloud technology emerges as a haven during pandemics uncertainty

digitalcommerce360.com | April 08, 2020

The sub-sector is seen as a rare bright spot in the current environment, particularly as the outbreak pushes more people to work remotely, contributing to a long-term trend of rising demand. The boost is expected to be broad-based, helping software companies, communication firms, and chipmakers that focus on data-center products, which are processors used in cloud computing.The lasting impact of COVID-19 could actually be a net positive,” wrote Richard Baldry, an analyst at Roth Capital Partners. Cloud-based communication companies “should see increased customer activity, at least once operational bandwidth returns to a somewhat more normal level for prospects.” He listed Five9, Medallia, eGain and LivePerson as names that could see stronger demand and which were trading at valuations he views as attractive.So far this year, the Global X Cloud Computing ETF an exchange-traded fund that tracks an index of companies involved in the space is down 6.4%. A different ETF, the First Trust Cloud Computing ETF, is down 9.2%. Both have outperformed the S&P 500’s drop of more than 15% over the same period.According to Wedbush, the pandemic has thrown “sales cycles, procurement/IT departments, and budgets into a tornado-like state of chaos,” resulting in unprecedented risks to IT spending. Even in this environment, analyst Daniel Ives wrote, “cloud remains a theme”; he expects $1 trillion to be spent on cloud computing over the coming decade.Ives named Microsoft as the Rock of Gibraltar cloud stock to own,” but said the trend would also support the cloud-computing businesses of both Amazon and Alphabet.

Spotlight

A recent study from IDG Research Services, in conjunction with Dell EMC, offers compelling evidence that both assertions are not only accurate but closely interrelated as well. The results provide clear proof that by transforming IT for greater agility, hybrid cloud makes implementing digital business initiatives a faster, easier and less expensive process. Furthermore, the survey shows that by reducing IT costs, hybrid cloud enables investment in an enterprise’s digital evolution. The upshot is statistical confirmation that in the words of John Gallant, senior vice president and chief content officer of IDG Research Services’ sister company IDG Enterprisehybrid cloud is not only core to IT transformation but also the great enabler ofdigital business.


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Exasol’s High-Performance Database Now Available as SaaS Model

Exasol | February 04, 2022

Exasol has today announced that its high-performance analytics database is now available through a software-as-a-service (SaaS) model on Amazon Web Services (AWS). Exasol’s SaaS offering, initially available in two versions, provides businesses the high performance and ease of use that Exasol is known for without them having to manage their own hardware infrastructure. Exasol, named Technology Partner of the Year 2021 in DACH by AWS, worked extensively with AWS SaaS Factory to deliver its SaaS model. “As a company focused completely on superior analytics performance, we want to be able to provide businesses the same impressive experience wherever their data goes. It’s exactly for this reason that we are building a bridge for organizations to be able to move analytics processes to the cloud without risk, without friction, and without taking performance hits - something that Exasol is uniquely placed to offer. As part of this, AWS gives us the ideal platform to build out our SaaS solution. It allows us to separate the compute from the storage, meaning we can elastically scale up and down compute power to optimize the costs and workloads for our customers.” Mathias Golombek, CTO of Exasol Exasol’s deep technical partnership with AWS has been key to ensure it can deliver the best-in-class performance via its SaaS offering. For Exasol, as an in-memory database, the ability to seamlessly increase or decrease its memory footprint is important. The AWS cloud platform provides Exasol with the ability to scale both vertically and horizontally to meet its needs. Furthermore, as Exasol seamlessly manages hot and cold data between the object store, local SSDs and main memory, AWS provides Exasol with the infrastructure to do that without compromising performance. “We understand the immense challenges facing companies in terms of extracting value from data to drive their business. We believe that companies who master this discipline will be better equipped for long-term success. Performance and cost are key drivers of any successful data strategy, and we are extremely proud to now offer our world-class performance technology through a consumption-based SaaS model on AWS for customers looking to move away from slow and costly systems without disruption to their business,” said Aaron Auld, CEO of Exasol. “Our technology is perfectly suited to solving the challenges that come with implementing cloud-first strategies while minimizing risk. Exasol’s SaaS offering is a key step towards delivering best-in-class performance combined with immediate budget relief to our customers.” With Exasol’s SaaS offering, customers can be up and running in a matter of minutes, in a fully managed system, while still benefiting from the best-in-class high-performance database technology that Exasol is known for without compromising security. When deployed in a public cloud, Exasol leverages native security measures such as AWS IAM or Active Directory services, as well as built-in security features. For customers who prefer to manage their own cloud solution, Exasol can also run on their cloud of choice, and for those looking for the ultimate control over their data, customers can continue to run Exasol on-premises. A hybrid solution is also possible for those customers who have needs that span several environments. Exasol is working to deliver a model which allows customers to select the appropriate deployment for different workloads, depending on regulatory considerations and their business needs. The launch of the SaaS model is the next step in this direction. Andy Hayler, CEO of the Information Difference commented on the announcement: “Whilst cloud computing is a foundation for many businesses, especially digital ones, most organizations are yet to move fully to the cloud. Exasol is providing customers the best of both worlds with its SaaS offering, offering them freedom to undertake a hybrid cloud strategy and migrate at their own pace. By not focusing on a 'cloud-only' approach to its solutions Exasol enables customers to derive business value from their data quickly, easily and cost effectively, no matter where they choose to store their data, based on a high performance, flexible and scalable platform.” About Exasol Exasol was founded in 2000 with the vision to transform how organizations use data. Today, Exasol’s analytics database – the fastest in the world – is trusted by the world’s most ambitious organizations. With offices in several locations across the US and Europe, Exasol is committed to delivering flexible, scalable and powerful analytics solutions to customers wherever they are, in the cloud – public or private - or on-premises.

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ThoughtSpot Launches New Editions for Individuals and Teams to Democratize the Modern Analytics Cloud

ThoughtSpot | May 11, 2022

ThoughtSpot, the Modern Analytics Cloud company, today announced the launch of three new editions: Team Edition, Pro Edition, and a special bundle for startups, nonprofits, and education institutions. These are the first offerings from the company specifically for small teams and individuals. As part of these editions, ThoughtSpot also announced a consumption-based pricing model, where customers pay only for what they use instead of wasting resources on shelfware licenses sold by traditional analytics providers. Today, customers can get started with Team Edition for a flat fee of $95 per month for a single user-group with unlimited users. Pro Edition starts at $2500 per month for up to 5 user-groups with unlimited users. Pro Edition customers will only pay for what they consume, based on actual queries. Startups, nonprofits, and education institutions with less than 100 people and less than $10M in annual revenue can take advantage of a special flat fee offer for Pro Edition, with per query charges waived. For the most demanding enterprise deployments, ThoughtSpot Enterprise Edition provides maximum scale with unlimited users, unlimited data, unlimited user groups, and enterprise-grade support SLAs. Enterprise Edition customers will only pay for what they use based on actual queries. The new editions were unveiled alongside a major expansion to the company’s platform capabilities at Beyond, ThoughtSpot’s annual customer conference. Combined with these new editions, the announcements significantly advance the company’s product-led growth strategy. Creating a new vector for growth Companies have long recognized the value of their data to improve their business on multiple fronts, as research from Harvard Business Review demonstrates, but the lack of true self service analytics kept most organizations from realizing these benefits. The Modern Analytics Cloud from ThoughtSpot is the first analytics platform specifically built to deliver this self-service experience with Live Analytics. With ThoughtSpot, data is truly democratized. Historically, ThoughtSpot was packaged to enable large deployments across organizations. With the launch of these new editions, companies can move beyond dead dashboards and put the power of Live Analytics in the hands of any size team, including individuals. With an affordable pricing model that starts at just $95 per month, the new editions meet the budgetary realities of any business. Pricing is also based on consumption, meaning customers only pay for the value they create with ThoughtSpot instead of being locked into user-based pricing and shelfware. Leveraging the company’s SaaS platform, the new editions can be used immediately because it instantly connects to customers’ cloud data platforms like Snowflake, Databricks, Google BigQuery, AWS, Azure, and more. Just as ThoughtSpot democratizes data for any kind of user, the new editions democratize the Modern Analytics Cloud for any kind of organization. About ThoughtSpot ThoughtSpot is the Modern Analytics Cloud company. Our mission is to create a more fact-driven world with the easiest to use analytics platform. With ThoughtSpot, anyone can leverage natural language search and AI to find data insights and tap into the most cutting edge innovations the cloud data ecosystem has to offer. Companies can put the power of their modern data stack in the hands of every employee, extend the value of their data to partners and customers, and automate entire business processes. ThoughtSpot enables everyone within an organization to limitlessly engage with live data regardless of their cloud data platform, making it easy to achieve granular, actionable insights through Live Analytics. Customers can take advantage of ThoughtSpot’s web and mobile applications to improve decision making for every employee. With ThoughtSpot’s developer-friendly platform, ThoughtSpot Everywhere, customers can also bring the Modern Analytics Cloud to their products and services, engaging users and keep them coming back for more. Organizations like Walmart, BT, T-Mobile, Snowflake, HubSpot, Exxon, Daimler, Medtronic, Hulu, Royal Bank of Canada, Nasdaq, OpenTable, Workato, and Nationwide Building Society rely on ThoughtSpot to transform how their employees and customers take advantage of data.

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Trend Micro Leads the Cloud Security Industry with the Most Data Centers Across More Geographies

Trend Micro Incorporated | December 14, 2021

Trend Micro Incorporated the global cloud security leader, offers cloud security in data centers across 9 countries. This represents the broadest global distribution of data centers from any security company, supporting the largest number of cloud security customers in the world. Global data center availability better enables customer digital transformation and cloud adoption by removing data residency roadblocks. Data residency and data sovereignty are key considerations for compliance and business risk when companies move to the cloud. According to Gartner, businesses "face huge challenges to mitigate growth in associated business and financial risks from incidents such as noncompliance, hacking and ransomware. These risks are compounded by data residency issues and poor security planning as data flows across new storage and analytics platforms on-premises and across public multicloud and hybrid cloud services.1" "SaaS is the way to buy today, and security is no exception. We've seen exponential growth in our SaaS-based solutions and demand for local data center availability has risen accordingly. We are always looking for the best ways to solve business problems with our security platform and we're happy to offer the most regional data centers as one of the latest ways we're meeting customers where they are – both physically and in their digital transformation journey." Kevin Simzer, chief operating officer for Trend Micro Trend Micro is committed to supporting the business priorities of customers and reducing business risk any way possible. The company has responded to customer demand by helping enterprises meet data residency and sovereignty requirements with more local data centers. In addition, cloud security services are integrated and available for Amazon Web Services, Microsoft Azure and Google Cloud Platform, further meeting customers where they are in their digital transformation journey. All regional data centers meet leading compliance regulations, including PCI DSS and ISO 27001, as well as GDPR requirements. About Trend Micro Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.

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Ursa Space Systems Announces Availability of Global Oil Storage and Auto Manufacturing Index on Google Cloud Analytics Hub

Ursa Space | April 19, 2022

Ursa Space Systems, a global satellite intelligence infrastructure provider, today announced that Global Oil Storage and Auto Manufacturing Index datasets are available through Google Cloud's data exchange, Analytics Hub, which is now available in public preview. The offering will provide businesses seamless access to satellite-derived data via the Crux data integration platform. "As external data becomes more critical to organizations across industries, the need for a unified experience between data integration and analytics has never been more important. We are proud to be working with Google Cloud to power the launch of Analytics Hub, feeding hundreds of pre-engineered data pipelines from hundreds of external datasets including Ursa Space," said Dan Lynn, SVP Product at Crux. "The sharing capabilities that Analytics Hub delivers will significantly enhance the data mobility requirements of practitioners, and the Crux data integration platform stands ready to quickly integrate any external data source and deliver on behalf of Google Cloud and its customers." "We are persistently monitoring over 1,000 locations globally and extracting insights into prepared downloads available on a weekly basis" said Adam Maher, CEO and co-founder of Ursa Space. "By partnering with Crux and Google Cloud, we're able to provide these insights to customers in a way that allows them to hit the ground running instantaneously." Customers can access these market specific data and insights in just a few clicks within Google BigQuery, which can then be easily embedded into users' analytics and machine learning workflows. Access to data, like the satellite imagery provided by Ursa Space, is crucial to modern business. By bringing its satellite imagery data to Google Cloud Analytics Hub, Ursa Space is providing greater access and insight into its growing datasets for customers with BigQuery, ultimately helping power better business decisions." Manvinder Singh, Director, Partnerships at Google Cloud.

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Spotlight

A recent study from IDG Research Services, in conjunction with Dell EMC, offers compelling evidence that both assertions are not only accurate but closely interrelated as well. The results provide clear proof that by transforming IT for greater agility, hybrid cloud makes implementing digital business initiatives a faster, easier and less expensive process. Furthermore, the survey shows that by reducing IT costs, hybrid cloud enables investment in an enterprise’s digital evolution. The upshot is statistical confirmation that in the words of John Gallant, senior vice president and chief content officer of IDG Research Services’ sister company IDG Enterprisehybrid cloud is not only core to IT transformation but also the great enabler ofdigital business.

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