According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 115.3% year-over-year in the third quarter of 2024 (3Q24) to $57.3 billion. Spending on cloud infrastructure continues toRead More…

According to a recent, global Recon Analytics survey commissioned by Seagate Technology, business leaders from across 15 industry sectors and 10 countries expect that adoption of artificial intelligence (AI) applications will generate unprecedented volumes of data, driving a boom in demand for data storage, in particular cloud-based storage. With hard drivesRead More…

The Europe, Middle East, and Africa (EMEA) public cloud services (PCS) market, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS), is projected to generate $203.0 billion in revenue for 2024. That’s according to the latest Worldwide Semiannual Public Cloud Services Tracker fromRead More…

The Public Investment Fund (PIF) of Saudi Arabia and Google Cloud have announced a strategic partnership to establish a new global artificial intelligence (AI) hub. The new AI hub will be based near Dammam, in Saudi Arabia’s Eastern Province. The partnership, which was signed at the Future Investment Initiative 8thRead More…