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WEBAlibaba Cloud sees 6% revenue growth driven by AI adoption. Driven by AI technology, Alibaba Group has reported a 6% year-over-year (YoY) increase in its cloud business revenue for the quarter ending June 30, reaching RMB 26.5 billion ($3.65 billion). This growth marks the segment's strongest performance since the September 2022 quarter,...
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WEBNordcloud, a leader in cloud solutions and digital transformation, has announced the launch of The Cloud Revolution Summit, a bold new event that’s set to reshape tech summit formats. Taking place on September 18, 2024, the summit will be a hybrid event, offering both in-person and online experiences to reach a global audience of tech leaders ...
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WEBThe cloud computing sector has been on an impressive growth trajectory, with projections suggesting its market capitalisation will quadruple to a staggering $2.3 trillion by 2032. However, this rapid expansion comes with its own set of challenges. The market's concentration among a few major players like AWS, Azure, and Google Cloud poses ...
ISO publishes new cloud computing standards and definitions
WEBIn it, cloud computing is defined as “a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources…that can be rapidly provisioned and released with minimal management effort or service provider interaction.”. Yet the new standards from the ISO give a largely similar definition ...
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WEBIT services firm Accenture has expanded its strategic collaboration with Amazon Web Services (AWS) to create Accenture Responsible Artificial Intelligence (AI) Platform powered by AWS to help organisations adopt and scale AI rapidly with trust and confidence throughout their enterprise.The rapid rise of AI has created unique challenges and implications for business leaders who must balance AI ...
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WEBMicrosoft has announced an investment of 33.7 billion Swedish crowns, approximately $3.2 billion, to enhance its cloud and AI infrastructure in Sweden over the next two years, marking a major commitment in the region. This substantial investment also highlights the seriousness of Microsoft's dedication to cloud computing and AI.
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WEBNutanix, a specialist in hybrid multicloud computing, has revealed the findings of its sixth annual Enterprise Cloud Index (ECI) survey and research report, which measures global cloud adoption and related trends. The 2024 report reveals that 84% of UK respondents are adopting a 'cloud smart' stance, placing the applications and workloads in ...
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WEBThe study of 500 senior IT decision makers found investment in IT modernisation is set to increase by 27% in 2024, as enterprises look to take advantage of new technologies, such as AI and edge computing, while meeting ever-increasing productivity demands. There is a clear demand for modernisation and tech investment: 59% are worried their ...
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WEBNutanix, a specialist in hybrid multicloud computing, has revealed the findings of its sixth annual Enterprise Cloud Index (ECI) survey and research report, which measures global cloud adoption and related trends. The 2024 report reveals that 84% of UK respondents are adopting a 'cloud smart' stance, placing the applications and workloads in ...