Global spending on cloud infrastructure services, according to Canalys (now part of Omdia) estimates, reached US$90.9 billion in Q1 2025, marking a 21% year-on-year increase. Enterprises have recognized that deploying AI applications requires renewed emphasis on cloud migration. Large-scale investment in both cloud and AI infrastructure remains a defining theme of the market in […]
In Q4 2024, global cloud infrastructure services spending rose 20% year on year to US$86 billion. For full-year 2024, spending also grew 20%, up from US$267.7 billion in 2023 to $321.3 billion in 2024. The key driver behind this growth was the expansion of AI models, which significantly accelerated cloud adoption. By the second half of 2024, […]
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 […]
In Q2 2024, global spending on cloud infrastructure services grew 19% year on year to reach US$78.2 billion. While enterprises’ IT budgets have returned to growth, a significant portion of spending is now directed toward AI-related investments. The top three vendors – AWS, Microsoft Azure and Google Cloud – collectively grew by 24% this quarter to account […]
Global cloud spend to exceed US$590 billion by 2028, reports Canalys. Worldwide expenditure on cloud infrastructure services rose by 19.7% year-over-year, reaching $77.7 billion in Q1 2024. The North American region is experiencing the fastest growth, primarily due to the high acceptance and adoption rates of AI applications. The Asia-Pacific region follows. Hyperscalers announced cloud […]
Dr Luiz Amaral, soon to be the former CEO of the Science Based Targets initiative (SBTi), recently announced he will be stepping down from his post for personal reasons. This follows a controversial recent announcement from the UK-based charity that it plans to accept renewable electricity certificates as evidence of corporate value chain decarbonization. On […]
Schneider Electric, announced the release of two new e-guides to support the IT industry in addressing the challenges and opportunities presented by edge computing – available free to IT and data center professionals, managed service providers (MSPs) and value-added resellers (VARs).
