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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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HPE buys Morpheus Data for multicloud management

Network World

Hewlett Packard Enterprise announced it is acquiring cloud management firm Morpheus Data for an undisclosed figure. Morpheus will also continue to be offered as standalone software, HPE stated. The research firm estimates that the worldwide market for intelligent CloudOps software will grow to $40 billion in 2028.

Data 173
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Juniper advances AI networking software with congestion control, load balancing

Network World

Juniper Networks is advancing the software for its AI-Native Networking Platform to help enterprise customers better manage and support AI in their data centers. Central to the platform are the firm’s cloud-based, natural language Mist AI and Marvis virtual network assistant (VNA) technology. headquarters.

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

CIO Business Intelligence

La cifra, según la firma de análisis e investigación, incluye el gasto combinado de empresas y proveedores de servicios en hardware , software , servicios profesionales y servicios prestados para soluciones edge. Sin embargo, se estima que los servicios prestados superarán la cuota del hardware en 2028.

Hardware 122
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Campus NaaS market set for growth with startups leading the charge

Network World

It’s a service that delivers LAN equipment to enterprises and excludes the WAN and any cloud/storage services, Siân Morgan, research director at Dell’Oro Group, told Network World. CNaaS is for the most part a subset of public cloud-managed LAN,” Morgan said. The CNaaS technology tends to use public cloud-managed architectures.”

LAN 183
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AWS cloud to rain another £8 billion in the UK for local cloud infrastructure

Network World

As demand for cloud access soars, AWS announced Tuesday that it would spend £8 billion (about US$10.4 Given that AWS did not break down the investment in terms of employees, contractors, hardware, software, and other items, it’s impossible to know what this investment will specifically buy.

Cloud 147