Tag:

cloud infrastructure

Cloud Infrastructure Spending Hits Record $74 bn in Q4 2023, Driven by Demand for AI Services

Enterprise spending on cloud infrastructure services during the fourth quarter of 2023 reached a remarkable $74 billion globally. This marks an impressive surge of over...

Cloud Infrastructure Spending Grows 2.9% in Q3 2023: IDC Report

Spending on cloud infrastructure deployments increased 2.9 percent year over year in the third quarter of 2023 (3Q23) to reach $25.4 billion, IDC report...

NEWS BREAK: UK Regulator Refers Cloud Infrastructure Market to Competition Authority for Further Investigation

In a significant development, the United Kingdom’s communication regulator, Ofcom, has taken a notable step by referring the public cloud infrastructure services market to...

Cloud Infrastructure Spending Sees Strong Growth in Q2 2023: IDC

Spending on compute and storage infrastructure products for cloud deployments witnessed a notable surge of 7.9 percent year over year in the second quarter...

Chinese Cloud Spending Soars 19% to $8.7 bn in Q2 2023, Led by Alibaba Cloud’s Strategic Moves

In the second quarter of 2023, spending on cloud infrastructure services in mainland China surged to an impressive $8.7 billion, reflecting a substantial year-on-year...

Cloud Infrastructure Market Reaches $65 bn in Q2, Major Providers Maintain Dominance

Global enterprise spending on cloud infrastructure services soared to $65 billion in the second quarter of 2023, marking a significant $10 billion increase from...

Spending on Cloud Infrastructure up 14.9% in first-quarter

Spending on compute and storage infrastructure products for cloud deployments experienced a significant increase of 14.9 percent in the first quarter of 2023, reaching...

Cloud infrastructure spending to grow 6.9% in 2023 vs 19.4% in 2022: IDC

Spending on compute and storage infrastructure products for cloud deployments increased 16.3 percent in the fourth quarter of 2022 (4Q22) to $24.1 billion, according...