New data from Synergy Research Group shows that Q3 enterprise spending on cloud infrastructure services was $84 billion worldwide, up $15.7 billion or 23% from the third quarter of 2023. After seeing growth rates soften through much of 2023, this is now the fourth consecutive quarter in which the year-on-year growth rate has increased, with […]
Schneider Electric announces that its Board of Directors decided unanimously to appoint Olivier Blum as Chief Executive Officer to accelerate the execution of its strategy and engage into the next phase of its development. The Governance, Nominations & Sustainablity Committee, under the guidance of the Board of Directors, has conducted a comprehensive process to propose […]
Ericsson has unveiled seven 5G Advanced software products designed to empower communications service providers (CSPs) with high-performing programmable networks. These innovations will elevate performance, enhance user experience, and drive revenue growth and operational efficiency, opening up new possibilities for the industry. Ericsson 5G Advanced brings new radio access network (RAN) software capabilities that significantly boost […]
Vertiv has announced that on January 1, 2025, Scott Armul will be promoted to executive vice president, global portfolio and business units, reporting to Vertiv CEO Giordano (Gio) Albertazzi. Armul will focus on driving a growth-oriented global portfolio strategy, as Vertiv continues to expand its offerings
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 8th Edition (FII8), aims to establish […]
Cisco is delivering new AI-ready data center infrastructure applications. These include a lineup of products and solutions for data- and performance-intensive use cases like large language model training, fine-tuning, and inferencing for GenAI. Many of these new additions to Cisco’s AI infrastructure portfolio were announced at Cisco Partner Summit 2024 A typical AI journey starts […]
Nokia has announced a strategic partnership with Lenovo to create comprehensive data center networking and automation solutions that support the massive and highly precise compute, storage and transit needs for Artificial Intelligence, Machine Learning (AI/ML) and other compute-intensive workloads. These solutions will be jointly marketed to enterprises, telcos, and digital infrastructure and cloud providers. The […]
Dell Technologies Forum Saudi Arabia returns this year and is set to take place on 31 October 2024 at the Hilton Riyadh Hotel & Residences. This annual event brings together industry leaders, technology experts, and business innovators to explore and unlock insights into the transformative role of AI in advancing innovation across Saudi Arabia. According […]
Westcon-Comstor has announced significant progress towards its goal of powering all global operations purely by renewable electricity by 2030, as it published its latest annual Responsible Business report. The report reveals that Westcon-Comstor derived 42% of its electricity globally from renewable sources during its latest financial year, up from 33% the previous year, as it […]
Nokia has announced it has signed a multi-year patent license agreement with HP covering the use of Nokia’s video technologies in HP’s devices. Under the agreement HP will make royalty payments to Nokia. The agreement resolves all patent litigation between the parties, in all jurisdictions. The terms of the agreement remain confidential as agreed between […]
