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Equinix to cut 3% of staff amidst the greatest demand for data center infrastructure ever

Network World

Even as demand for data infrastructure surges to an all-time high, Equinix is planning to lay off 3% of its workforce, suggesting a growing skills mismatch in the industry. According to Goldman Sachs , data center demand in the US alone is projected to nearly triple by 2030, driving more than $1 trillion in investment.

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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 For hyperscalers, the AI investment is even higher, as they are already spending 40% of their budgets on accelerated servers.

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Minimizing Human Errors to Improve Data Center Reliability

Information Week

A simple mistake made in a data center can have serious consequences. Here's how to detect and prevent common errors before they can damage schedules, budgets, revenue, and perhaps even lives.

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3% IT budget increases fueled by AI, security, networking

Network World

IT budgets are seeing modest increases, according to recent survey data, with businesses looking to invest their IT dollars in artificial intelligence, data analytics, networking and more. Essentially, only companies in dire financial straits are likely to be cutting IT budgets.

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Edgecore unveils high-performance 400G spine switch for data centers

Network World

Edgecore Networks is taking the wraps off its latest data center networking hardware, the 400G-optimized DCS511 spine switch. Optical networking : Up to 16 ports on the DCS511 support 400G ZR or ZR+ coherent optics, each with a 24-watt power budget. Terabits per second. Read more networking news Ciena and Arelion achieve 1.6

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

Network World

The Gartner forecast highlights server sales, which are expected to triple in the coming years as genAI pushes data center systems spending up by 15.5% Gartner’s worldwide IT spending forecast includes the following growth projections: Data center systems: 15.5% trillion by 2025. Devices: 9.5% Communication services: 4.4%

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Gartner projects major IT spending increases for 2025

CIO Business Intelligence

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Data center spending will increase again by 15.5% in 2025, but software spending — four times larger than the data center segment — will grow by 14% next year, to $1.24