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

Network World

Massive global demand for AI technology is causing data centers to increase spending on servers, power, and cooling infrastructure. As a result, data center CapEx spending will hit $1.1 trillion by 2029, up from $430 billion in 2024, according to DellOro Group. And the proportion will increase to 41% by 2029.

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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. The enterprise data center is here to stay. Synergy Research comes to a similar conclusion.

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Enterprise spending on cloud services keeps accelerating

Network World

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. According to Synergy Research Group, enterprise spending on cloud infrastructure services was $79 billion worldwide in the second quarter, up $14.1

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Singapore government pushes energy-efficient data center plan

Network World

The Singapore government is advancing a green data center strategy in response to rising demand for computing resources, driven in large part by resource-hungry AI projects. Data centers can potentially benefit from 2% to 5% energy savings for every 1C increase in operating temperature.

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Kyndryl expands Palo Alto deal to offer managed SASE service

Network World

As a part of its own network modernization transformation, Kyndryl noted that it has shifted from an on-premises network architecture with 54 data centers to cloud-first, SASE-based, zero-trustsecurity principles using select services from its technology partners.

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Bridging continents: The role of connectivity in Africa’s digital transformation

CIO Business Intelligence

Amidst this progress, however, the lack of data center access raises a big challenge to Africas connectivity, as most countries in Africa have a national data center. But to build this data residency, increased data center and digital infrastructure investment is needed.

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10 quantum computing milestones of 2024

Network World

And some large, cutting-edge enterprises are already beginning to spend money on quantum technology. Error correction is vital for enterprise users of quantum computing, says Yoram Avidan, CTO of Citigroups Innovation Lab and global head of Citi Accelerator. billion so far in 2024. Whats the deal with error correction?

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