Cloud News

Alibaba, Huawei and Tencent Dominate China Cloud Market

  • December 27, 2024
  • 0 Comments

According to Canalys, in Q3 2024, cloud infrastructure service spending in mainland China reached US$10.2 billion, representing an 11% year-on-year increase and a return to double-digit growth.  AI is emerging as a significant driver of cloud adoption, with a growing number of enterprises embedding AI capabilities into cloud-based applications to enhance intelligence and streamline operational […]

Cloud News

Cloud marketplaces sales to hit US$45 billion by 2025

  • January 27, 2023
  • 0 Comments

Canalys estimates that cloud marketplaces will grow to over US$45 billion by 2025, representing an 84% CAGR. Cloud marketplaces are accelerating as a route to market for technology, led by hyperscale cloud vendors such as Alibaba, Amazon Web Services, Microsoft, Google and Salesforce, which are pouring billions of development dollars into the sector. “The marketplace […]

News

Alibaba Unveils Top Technology Trend Forecasting for 2023

  • January 16, 2023
  • 0 Comments

Alibaba DAMO Academy (“DAMO”), the global research initiative by Alibaba Group, has shared its annual forecasting of the leading technology trends that could shape many industries in the years ahead. Among the leading technology trends, Generative AI, which has already gained considerable traction, is expected to make further strides with its growing applications set to […]

Data Center News

US is home to half of all hyperscale data centers

  • September 12, 2022
  • 0 Comments

As the number of large data centers operated by hyperscale providers increased to over 800 at the end of the second quarter, new data from Synergy Research Group shows that the United States accounts for 53% of the capacity of those data centers, measured by critical IT load. While the US accounts for over half […]