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Data center spending to top $1 trillion by 2029 as AI transforms infrastructure

Network World

trillion by 2029, up from $430 billion in 2024, according to DellOro Group. And the proportion will increase to 41% by 2029. Initially, I would expect most AI workloads will be in the public cloud, as opposed to on premise, given the high cost and potentially low utilization of AI infrastructure in private data centers, says Fung.

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5 reasons the enterprise data center will never die

CIO Business Intelligence

In 2019, Gartner analyst Dave Cappuccio issued the headline-grabbing prediction that by 2025, 80% of enterprises will have shut down their traditional data centers and moved everything to the cloud. By 2029, the hyperscalers will account for more than 60% of total data center capacity, while on-premises capacity will sink to only 20%.

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Buyer’s guide: Data protection for hybrid clouds

Network World

Data protection platforms also proactively manage and monitor data, making it available and accessible for advanced analytics, artificial intelligence, and machine learning. Download our editors’ PDF hybrid cloud data protection buyer’s guide today!] And 80% of enterprises have adopted a hybrid computing model.

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Australia’s Cloud Computing Growth to Reach $81 Billion by 2029

Tech Republic Cloud

AIIA's report reveals Australia's cloud computing sector will contribute $81B to GDP by 2029, driving job growth and economic productivity.

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10 quantum computing milestones of 2024

Network World

Citi is using Amazon Braket, a cloud-based service, to see how well quantum computers could handle portfolio optimization tasks. It works with regular cloud computing and AI tools, so businesses can start integrating quantum capabilities into their existing operations. Full cloud deployment is also possible per customer request.

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IBM, Microsoft and Boeing mark advances in quantum computing

Network World

Gambetta says that IBM has been making quantum computing available to customers since 2016, via the cloud, with hundreds of institutions using the platform. Strabley, too, believes that 2029 will be a tipping point for commercial applications for quantum computing technology. It accelerates the race to find useful applications.”

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Dell’Oro Group: AI data center switch spending to exceed $100 billion by 2029

Dataconomy

According to the AI Networks for AI Workloads report by Dell’Oro Group, spending on data center switches for AI back-end networks is expected to exceed $100 billion over the next five years, spanning from 2025 to 2029. Featured image credit: Dell’Oro