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Public IT cloud services spending will reach $56.6 billion in 2014 and grow to more than $127 billion in 2018, according to a new forecast from International Data Corporation (IDC). This represents a five-year compound annual growth rate (CAGR) of 22.8%, which is about six times the rate of growth for the overall IT market. In 2018, public IT cloud services will account for more than half of worldwide software, server, and storage spending growth.
Read MoreIndependent research commissioned by Zenium Technology Partners has found that there is mounting pressure on the data center to meet changing business requirements through the adoption of new technology, ongoing evolution and optimisation of data center infrastructure. It has driven 70% of companies to allocate at least some of their overall IT budget to focus on modernisation initiatives. However, just 21% of the respondents went on to add that they could definitely scale in response to demand...
Read MoreGlobal Bitcoin mining equipment company KnC Miner has decided to grow its business with a 20 MW datacenter in Boden, in The Node Pole region near the Arctic Circle in Sweden. The investment - called Boden 2 - bring the site to a total of 30 MW and 15 000 square meters. The new datacenter will be operational by the end of 2014 and will be used for cloud services and for hosting of specialized Bitcoin mining hardware to a global client-base.
Read MoreIn the fourth annual Cisco® Global Cloud Index (2013 – 2018), Cisco forecasts continued strong growth of cloud traffic, cloud workloads and cloud storage with private cloud significantly larger than public cloud. Over the next five years, the study projects data center traffic to nearly triple, with cloud representing 76% of total data center traffic. By 2018, half of the world’s population will have residential Internet access, and more than half of those users’ (53...
Read MoreMore than 4,600 developers and users -- an attendance record -- have gathered in Paris at the Palais des Congrès to share best practices, user stories and plan the 11th release of OpenStack cloud software, Kilo, due in April 2015.
Read MoreFirst vendor to truly automate cloud-based disaster recovery, making it efficient and affordable for all enterprises.
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Australian fism farming company Tassal looked at harnessing IT to make its business of growing salmon more sustainable and cost-effective. It invested in an integrated IT solution powered by Vertiv and Dell EMC for its business in Tasmania.
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