Tag Archive | cloud computing

How Cloud and AI Influence IT Investment Strategy

How Cloud and AI Influence IT Investment Strategy

Worldwide IT spending is forecast to total $3.79 trillion in 2019 — that’s an increase of just 1.1 percent from 2018, according to the latest global market study by Gartner.

via Digital Lifescapes

IT Hourly Downtime Costs Rise Again in 2019

IT Hourly Downtime Costs Rise Again in 2019

“A single hour of downtime now costs 98% of firms at least $100,000. And 86% of businesses say that the cost for one hour of downtime is $300,000 or higher.”

via ITIC

Why Legacy IT Vendors Seek Cloud Niche Viability

Why Legacy IT Vendors Seek Cloud Niche Viability

The worldwide public cloud services market is projected to grow 17.5 percent in 2019 to total $214.3 billion — that’s up from $182.4 billion in 2018, according to the latest global market study by Gartner.

via Digital Lifescapes

Private Cloud Computing Deployment Growth will Surge

Private Cloud Computing Deployment Growth will Surge

According to the latest worldwide market study by IDC, vendor revenue from sales of IT infrastructure products for cloud computing environments — including public and private cloud — grew 28 percent year-over-year in the fourth quarter of 2018 (4Q18), reaching $16.8 billion.

via Digital Lifescapes

Digital Twin App Revenue will Reach $13B by 2023

Digital Twin App Revenue will Reach $13B by 2023

Digital business enablers, such as big data, machine learning, artificial intelligence, software analytics and cloud solutions, as well as the growing demand for sensors to capture and process data, have been significant drivers for the adoption of Digital Twin applications.

via Digital Lifescapes

Cloud Computing Adoption Soars to New Heights

Cloud Computing Adoption Soars to New Heights

“The cloud ride is accelerating, faster than we predicted only three short years ago. Cloud vendor innovation pace is off the charts, and revenue is soaring.” Expect the cloud market to top $230 billion, up from just over $100 billion in 2016.

via Forrester

Why Channel Partners Drive Hyperscale Cloud Growth

Why Channel Partners Drive Hyperscale Cloud Growth

Canalys reports that hyperscale cloud infrastructure services are in a period of sustained growth, with spending up 46 percent in 2018 to more than $80 billion. Expenditure is also forecast to surpass $143 billion in 2020.

via Digital Lifescapes