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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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Enterprise spending on cloud services keeps accelerating

Network World

The cloud market continues to grow at an accelerated rate, defying the economic pressures that are stifling the rest of the industry. Spending on cloud services is in turn driving massive investment in equipment , which is good for the IT vendors because the on-premises data center market is largely flat.

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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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Kyndryl expands Palo Alto deal to offer managed SASE service

Network World

Palo Altos Prisma SASE platform combines SD-WAN with cloud-based security capabilities, including secure access control, advanced threat protection, user-behavior monitoring, and zero-trust network access ( ZTNA ). The latest version of Prisma SASE, version 3.0, The latest version of Prisma SASE, version 3.0,

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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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Buyer’s guide: Data protection for hybrid clouds

Network World

Data protection for hybrid clouds thus involves security products and cloud management products, as well as implementation strategies that traverse both specialties. 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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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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