How worldwide blockchain spending is set to double in 2018

A blockchain acts as a digital distributed ledger of transactions or records. The ledger, which stores the information or data, exists across multiple participants in a peer-to-peer network. There's no single, central repository. Distributed ledgers technology (DLT) allows new transactions to be added to an existing chain of transactions using a secure cryptographic signature.

Worldwide spending on blockchain solutions is forecast to reach $11.7 billion in 2022, according to the latest global market study...

By David H Deans, 27 July 2018, 0 comments. Categories: Big Data, Blockchain, Infrastructure, Research.

Google Cloud posts solid financials, infers blockchain and machine learning exploration at Next

Google promised that its cloud deals were becoming larger and more strategic – and the company can now count on Domino’s Pizza, SoundCloud and PwC among its customers after posting solid financials yesterday.

Total revenues across all of Alphabet for the three months ended June 30 were at $32.7 billion (£25bn), an increase of 26% compared with the second quarter of 2017. Google’s revenues are put into several buckets; ‘other’ revenues, of which Google Cloud is a part, was at...

By James Bourne, 24 July 2018, 0 comments. Categories: Applications, Blockchain, Economy, Google, Software.

How cryptomining is the attack vector du jour - as hackers increasingly target cloud infrastructure

Updated July 30 Cryptojacking is on the way to replacing ransomware as the biggest threat for consumers and enterprises - and new research reveals the size of the effect crypto is having on cloud infrastructures.

Cyber security firm Check Point Software, in its 'Cyber Attack Trends: 2018 Mid-Year Report', found that in the first half of this year, the number of organisations impacted by cryptomining malware doubled to 42%, compared with 20.5% from the second half...

By James Bourne, 16 July 2018, 0 comments. Categories: Blockchain, Infrastructure, Security, Vulnerabilities.

IBM looks to further European cloud expansion with new customers and availability zones

IBM is looking to build upon recent cloud momentum – and the company is expanding in Europe after securing several new customers in healthcare, logistics, energy and more.

The announcements showcase how many prospective IBM clients are utilising the company’s cloud for its artificial intelligence, machine learning and blockchain capabilities. Credit Mutuel, a French bank, is deploying IBM Watson virtual assistants across all of its business lines – run on IBM’s cloud in France with a...

By James Bourne, 04 July 2018, 0 comments. Categories: Applications, Blockchain, Europe, Infrastructure, Software.

Kubernetes skills demand continues to soar – but are organisations dropping the ball on security?

If you have Kubernetes skills then you will almost certainly be in demand from employers, as a new survey from CyberArk has found that IT jobs with the container orchestration tool in the title have soared year on year. But beware the security risks when getting involved.

According to the company, which has crunched data from IT Jobs Watch, roles involving Kubernetes have broken into the top 250 most popular IT vacancies, having been around the 1000 mark this time last year. The most likely job title for...

Step aside ransomware: Why cryptojacking is the new kid on the block

With the ability to generate a staggering $1.5 trillion in revenues every year, cybercrime is big business. It’s the perfect model – earn a high income for minimum effort and risk of penalty.

It comes as no surprise then that when faced with issues around the fluctuating value of Bitcoin, cybercriminals stepped into action. These savvy criminals created a new attack technique that offers better paid out odds in...

AWS launches blockchain service – six months after saying it wasn’t interested in the technology

It turns out Amazon Web Services (AWS) may have been throwing us all a bit of a curveball with regards to blockchain. The cloud infrastructure giant has announced the launch of AWS Blockchain Templates – having previously said the technology wasn’t in the company’s plans.

Back in November, at AWS re:Invent in Las Vegas, the company’s dozens of announcements...

By James Bourne, 26 April 2018, 1 comment. Categories: Amazon, Blockchain, Data & Analytics, Data Management, Infrastructure.

Enterprise software lit up by ‘eye-catching’ M&A deals in 2017, says Hampleton Partners

It’s a simple proposition for traditional companies in today’s tech-heavy marketplace: assess the prospects of technologies such as artificial intelligence, blockchain, the Internet of Things and more, or be left behind.

That is the verdict of mergers and acquisitions advisor Hampleton Partners in its latest report focusing on the tech M&A outlook up until 2020.

Back in August,...

By James Bourne, 05 March 2018, 0 comments. Categories: Applications, Blockchain, Enterprise, M&A, Research, Software.

Why blockchain holds ‘great promise’ for securing connected devices and systems

Blockchain technologies hold ‘great promise’ for securing connected devices and systems, according to a new paper from the Cloud Security Alliance (CSA).

The report, put together by the alliance’s Blockchain/Distributed Ledger Technology Working Group and titled ‘Using Blockchain Technology to Secure the Internet of Things’, explores the intersection between the two technologies, as well as giving an extensive overview of deployment options.

As the report puts it, a cloud-enabled...

By James Bourne, 13 February 2018, 0 comments. Categories: Applications, Architecture, Blockchain, Infrastructure.

How IBM is focusing on containers, blockchain, machine learning and more in its cloud push

Last month, IBM put out its most recent earnings report – and one statistic stood out. For the first time in more than five years, revenue did not decline from the previous year’s quarter.

Cloud revenue was $17 billion for the year, while run rate in the company’s as-a-service offerings was more than $10bn. Speaking to analysts, James Kavanaugh, IBM senior VP and chief financial officer, said the company was ‘doing a lot of work to reposition [the] business, to help move clients to the...

By James Bourne, 09 February 2018, 0 comments. Categories: Applications, Blockchain, Containers, Data & Analytics, Economy, Software.