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Global public cloud spending to hit $805B in 2024 with AI driving growth

Network World

Worldwide spending on public cloud services is poised to double between 2024 and 2028, reaching a staggering $805 billion this year, according to a new report from IDC. Cloud now dominates tech spending across infrastructure, platforms, and applications,” Eileen Smith, group vice president of Data & Analytics at IDC said in the report.

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The role of IoT in shaping the smart cities

CIO Business Intelligence

billion by 2028, with a robust compound annual growth rate (CAGR) of 10.9% from 2023 to 2028. Why the synergy between AI and IoT is key The real power of IoT lies in its seamless integration with data analytics and artificial intelligence (AI), where data from connected devices is transformed into actionable insights.

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The role of IoT in shaping smart cities

CIO Business Intelligence

billion by 2028, with a robust compound annual growth rate (CAGR) of 10.9% from 2023 to 2028. Why the synergy between AI and IoT is key The real power of IoT lies in its seamless integration with data analytics and Artificial Intelligence (AI), where data from connected devices is transformed into actionable insights.

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Gartner’s 7 Predictions for the Future of Australian & Global Cloud Computing

Tech Republic Big Data

An explosion in AI computing, a big shift in workloads to the cloud, and difficulties in gaining value from hybrid cloud strategies are among the trends Australian cloud professionals will see to 2028.

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Why you should consider Raspberry Pi AI Camera

Dataconomy

MP, with the ability to record at a rate of 10 frame per second in 4056 x 3040 resolution or 40 frame per second in 2028 x 1520 resolution. With the AI Camera, this is set to rise with the application of smart. The AI Camera is fairly similar in size to the Camera Module 3 at a size of 25 x 24 x 11.9mm.

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Future-Proofing Your Business with Hyperautomation

CIO Business Intelligence

However since then great strides have been made in machine learning and artificial intelligence. Another research company, Mordor Intelligence, is forecasting annual CAGR of 19.8 percent to 2028, taking the value of the market for hyperautomation tools and services to $US26.67b. It’s been around since the early 2000s.

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Steps Gerresheimer takes to transform its IT

CIO Business Intelligence

And according to Nalbant, IT can freely decide and adapt which systems and applications run in which cloud environment. In the future, we’ll connect all production and application servers to this and build our own data lake,” he says, adding that the next step will be to use AI there to learn from their own data.

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