Accelerator: Cloud-Based Services

Utilization of Internet-based services for on-demand storage, collection, management and analysis of data, and the conduct of business transactions

Cloud-Based Services

Accelerator > Network Applications

As organizations accelerate cloud adoption, expect increased competition among service providers through price cuts, feature enhancements and consolidation

Definition
  • Utilization of Internet-based services for on-demand storage, collection, management and analysis of data, and conduct of business transactions

Outlook
  • Reached high levels of enterprise cloud adoption
  • Intensified competition in enterprise cloud services market, driving price cuts and enhancements
  • Continued industry consolidation as large players acquire smaller companies
  • Increased focus on advanced security as critical information are stored in cloud
  • Sustained proliferation of highly-functional mobile applications, particularly in enterprise market, as employees become more dependent on mobile devices

Implications
  • Reducing need for ownership of physical IT infrastructures, shifting emphasis from expenditures to expense management, and often providing greater functionality than internal systems
  • Enabling digitization of incumbent products and services by software-as-a-service models
  • Heightening cybersecurity risks to corporate and customer data

How can you leverage cloud-based services to create software-as-a-service offerings, improve productivity, and optimize infrastructure expenditures and expenses?

Briefings

GE Healthcare launched Edison Developer Program, platform for health providers to integrate artificial intelligence (AI) into smart devices and applications

November 27, 2019

Microsoft wins U.S. Department of Defense contract for JEDI defense cloud infrastructure project, possibly worth $10 billion

October 31, 2019

LG unveiled system that connects car infotainment system with Microsoft’s connected vehicle platform at IAA (International Motor Show Germany) on September 12-22, 2019

October 15, 2019

Chinese technology giant Huawei announced Atlas 900, world’s fastest artificial intelligence training cluster, available on Huawei Cloud

September 19, 2019

Procurement organization YPO announced launch of data center and cloud hosting framework for U.K. government and education sectors

August 23, 2019

Accounting firm KPMG and enterprise software companies Microsoft, R3 and TOMIA to develop blockchain settlements solution for telecommunications market

July 22, 2019

IBM made Watson available to competing cloud services, such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud

March 4, 2019

Pharmacy company Walgreens Boots Alliance and Microsoft announced seven-year partnership to research and develop digital healthcare services

February 13, 2019

Supermarket chain Kroger and Microsoft co-develop Retail-as-a-Service solutions, which will be demonstrated in two pilot stores in U.S.

February 5, 2019

Drone security startup Sunflower Labs showed off autonomous home surveillance system, which uses drone and ground-based sensors, at Consumer Electronics Show (CES) 2019

February 5, 2019
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