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How sustainable are the world s sovereign wealth funds?

Open hybrid cloud: The next evolution of computing EJINSIGHT

Chris Wright June 23, 2021 08:24 Hong Kong Monetary Authority (HKMA) unveiled the “Fintech 2025” strategy earlier this month, recognizing that fintech will become a key growth engine for the financial industry in the post-pandemic era. To fully leverage the benefits of technology, companies are transforming their IT infrastructures and embracing cloud. According to the 2020 Cloud Readiness Index by the Asia Cloud Computing Association, Hong Kong is now the most cloud-ready market in APAC, scoring 81.9 out of 100. Singapore ranked second with a score of 81.5. Looking ahead, the next evolution in cloud computing that Hong Kong needs to be ready for is the open hybrid cloud. The open hybrid cloud strategy gives developers a common application environment to develop, orchestrate, and run their applications, while giving sysadmins and operations teams a common operating environment to manage their infrastructure.

New York City hits a low positivity rate; South Africa

South Africa registered 3,614 new Covid-19 cases, bringing the cumulative total to 1,669,231. A further 95 Covid-19-related deaths were reported, taking total deaths to 56,601.

NYC Hits Positivity Rate Low; U K Deaths at Zero: Virus Update

For the first time, the U.K. reported zero daily deaths of people within 28 days of a positive coronavirus test. In the U.S., New York City’s positivity rate dropped over the Memorial Day weekend to its lowest point since the pandemic began.

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