Tag Archives: Computing

Mitesco Updates on Centcore Cloud Computing, Dual Strategy





Mitesco Inc (OTC:MITI) has announced significant developments in its Centcore Cloud Computing business unit. The company has expanded its processing environment to include both Microsoft and Linux platforms, offering shared virtual tenancy and dedicated servers. Centcore is also quoting virtual remote backup, including video backup for facility monitoring.

The business unit has shown promising results, generating revenue in Q2 with four initial clients and receiving new client quotes weekly. Centcore offers a guaranteed cost advantage of at least 20% compared to major cloud providers like AWS, Azure, or Google Cloud. The company is focusing on developing a complete line of infrastructure-related applications, available on a…


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11 Popular Cloud Computing Platforms Compared in 2024

1. AWS Cloud

aws console

AWS has more than 71 million websites running on its infrastructure.

Amazon Web Services (AWS) is the world’s largest and most comprehensive cloud platform, offering over 200 cloud-based services. It provides an extensive range of solutions that include computing, storage, databases, networking, analytics, machine learning, the Internet of Things and more.

AWS launched all the way back in 2006 and has an expansive global infrastructure with 33 geographic regions, 105 availability zones, over 600 CloudFront Points of Presence, as well as 13 regional edge caches. Reflecting its market dominance, AWS commands a 31% share of the global cloud computing market.

Features:
  • Services offered: AWS offers a wide range of services, including IaaS, PaaS and SaaS, which…

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Web Hosting Services Market Set to USD 447.3 Billion by 2031 due to Increasing Adoption of Cloud Computing Services

Web Hosting Services Market

Hosting providers are investing in renewable energy sources, energy-efficient infrastructure, and carbon offset programs to reduce their environmental footprint

AUSTIN, TEXAS, UNITED STATES, June 5, 2024 /EINPresswire.com/ — The Web Hosting Services Market size was valued at USD 108.3 Billion in 2023 and is expected to grow to USD 447.3 Billion by 2031 and grow at a CAGR of 19.4% over the forecast period of 2024-2031.

The web hosting services market has witnessed a significant transformation in recent years, driven by the burgeoning demand for online presence across various industries. With the proliferation of e-commerce, the need for reliable, secure, and scalable hosting solutions has become paramount. Businesses are…


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Supermicro and AMD Roll Out Multi-Node Servers To Enhance Cloud Computing

Supermicro and AMD Roll Out Multi-Node Servers To Enhance Cloud Computing

Supermicro and AMD Roll Out Multi-Node Servers To Enhance Cloud Computing

Supermicro, Inc (NASDAQ:SMCI) announced additions to the Advanced Micro Devices, Inc (NASDAQ:AMD)—based H13 generation of CPU Servers powered by the AMD EPYC 4004 Series processors.

Supermicro will feature its new MicroCloud multi-node solution, which supports up to ten nodes in a 3U form factor for cloud-native workloads.

Supermicro  CEO Charles Liang said, “In a single rack, 160 individual nodes can be made available for cloud-native applications, which reduces real estate need and decreases a data center TCO.”

Also Read: SMCI To Use S&P 500 Status To Raise Funds, Predicts AI Breakthroughs In Medicine, Weather Forecasting

The AMD EPYC 4004 CPUs, support a wide range of solutions, from 1U, 2U, and Tower…


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Oakley gears up to sell German cloud computing firm Contabo -sources

By Emma-Victoria Farr

LONDON (Reuters) – Private equity firm Oakley is looking to sell its majority stake in German cloud hosting platform Contabo as it seeks to capitalise on demand for cloud computing fuelled by the COVID-19 pandemic, two people familiar with the situation said.

The Munich-based company could be valued at between 700 million euros and 800 million euros ($762.6 million and $871.5 million ) as part of an auction process expected after the Easter break, those people said.

London-based advisory firm Arma Partners is handling the sale, which is mainly focusing on private equity bidders, one of the people said.

The company has already drawn interest from several tech-focused buyout funds including Hg, Montagu, Vitruvian, Cinven and IK Partners, another source said.

Oakley, Arma…


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