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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. This rapid growth is fueled by the increasing adoption of cloud technology across industries and the accelerating pace of AI innovation, the report added.

Cloud 174
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Gartner: GenAI spurs 9.3% increase in IT spending for 2025

Network World

Gartner reported that server sales will grow from more than $134 billion in 2023 to $332 billion by 2028, including an estimated more than $257 billion in 2025. It took 20 years for the cloud and outsourcing vendors to build up spending to $67 billion a year on servers. Spending on software will also increase by 14% to $1.23

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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.

Cloud 113
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El gasto mundial en ‘edge computing’ arañará los 380.000 millones de dólares en 2028

CIO Business Intelligence

En este sentido, la previsión anticipa un fuerte crecimiento sostenido hasta 2028, con una previsión de gasto cercano a los 378.000 millones de dólares, creciendo a una sólida CAGR de dos dígitos. Sin embargo, se estima que los servicios prestados superarán la cuota del hardware en 2028.

Hardware 122
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Balance between innovation and market adaptability key to Tencent Cloud’s AI success

CIO Business Intelligence

Tencent Cloud’s expansion in Asia Pacific (APAC) reflects its strategic efforts to capitalize on the growing demand for Artificial Intelligence (AI) and cloud computing services. Tencent Cloud stands to benefit, particularly in APAC, where market size is predicted to grow from US$45.4

Cloud 122
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Gartner: 13 AI insights for enterprise IT

CIO Business Intelligence

Artificial intelligence is an early stage technology and the hype around it is palpable, but IT leaders need to take many challenges into consideration before making major commitments for their enterprises. It took 20 years for the cloud and outsourcing vendors to build up spending to $67 billion a year on servers.

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Il modello cloud alla prova dell’IA: è l’edge il nuovo trend

CIO Business Intelligence

Il rapporto dei CIO col cloud non è esattamente una love story , ma è chiaro che il sodalizio è destinato a rafforzarsi: secondo IDC [in inglese] il cloud pubblico arriverà a rappresentare oltre il 70% della spesa per le nuove applicazioni software enterprise nel 2028. Il cloud come pilastro della trasformazione digitale.

Cloud 102