Tag:

cloud

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...

Google Cloud Offers Free Data Transfer for Customers Migrating to Rival Cloud Provider

Alphabet’s Google Cloud said it would waive network fees for those looking to transfer their data to an alternative cloud provider. Traditionally, cloud providers such...

Sovereign Cloud Spending to Hit $258.5 bn: IDC Forecasts

A study by the International Data Corporation (IDC) projects a substantial surge in global spending on sovereign cloud solutions, estimating a climb to $258.5...

Public Cloud Services Market Surges to $315.5 bn in 2023’s First Half, IDC Reports

The global public cloud services market witnessed a substantial surge, reaching $315.5 billion in the first half of 2023, marking a remarkable 19.1 percent...

Microsoft to Invest $3.2 bn in Australia to Expand AI and Cloud Computing

Microsoft will invest A$5 billion ($3.2 billion) in expanding its artificial intelligence (AI) and cloud computing capabilities in Australia over two years. This investment...

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...

Oracle Cloud World: Red Bull Ford Powertrains Utilizes Oracle Cloud Infrastructure to Accelerate Engine Development

Red Bull Ford Powertrains (RBFPT), the future supplier of hybrid power units for Oracle Red Bull Racing and Scuderia AlphaTauri in the 2026 Formula...