Latest Cloud Computing News - CIO Dive
Dec 3, 2024 · Global cloud spend to surpass $700B in 2025 as hybrid adoption spreads: Gartner “The use of AI technologies in IT and business operations is unabatedly accelerating the role of cloud computing,” Gartner VP Analyst Sid Nag said.
Global cloud spend to surpass $700B in 2025 as hybrid adoption …
Nov 19, 2024 · Gartner expects end-user cloud spending to increase 21.5% globally to $723 billion in 2025, according to a Tuesday report. The market will reach nearly $600 billion this year, the analyst firm said. Cloud-based application and software services continue to be the largest spend segment, the analysis ...
Latest Cloud Computing News | CIO Dive
Oct 22, 2024 · Amazon’s cloud division will now invest more than $14 billion in the region through 2028, the company said Wednesday. By Matt Ashare • Sept. 11, 2024
FTC cloud market inquiry remains unresolved as US presidential …
Nov 4, 2024 · AI is viewed largely as a safety threat. Cloud, in contrast, is seen through the lens of larger market forces and cybersecurity risks. “The FTC has traditionally centered its cloud computing concerns around market power of cloud companies and potential security risks they pose,” Ward said.
4 highest-paying technology jobs of 2024 | CIO Dive
Dec 5, 2024 · 2. Cloud computing. IT professionals in cloud computing job functions are earning average annual salaries of around $142,902 in North America, Skillsoft data found. The role topped the list among rank-and-file roles last year, yet fell to second in 2024. Despite the dip in positions, cloud skills are still in high demand.
FTC opens inquiry into cloud market competition, security
Mar 22, 2023 · “Large parts of the economy now rely on cloud computing services for a range of services,” FTC CTO Stephanie Nguyen said in the announcement. “The RFI is aimed at better understanding the impact of this reliance, the broader competitive dynamics in cloud computing and potential security risks in the use of cloud.”
Alibaba expects AI to drive more than half of its cloud ... - CIO Dive
Aug 16, 2024 · The China-based online retailer took remediating action last year, standing up a dedicated cloud division as part of a broader business reorganization in March — just three months before elevating Wu to his current role. The company cut prices on several core cloud services earlier this year in an attempt to reinvigorate its cloud business ...
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Big tech on track to pour more than $180B into data centers this …
Nov 26, 2024 · AWS, Azure and Google Cloud each reported major year-over-year spikes in capital expenditures and AI revenues in Q3 and forecast more of the same in the coming months. Dive Insight: Cloud providers invested in AI-optimized infrastructure to supply model builders with compute and prepare for an even larger wave of processing demand.
FTC extends cloud competition scrutiny to generative AI
Nov 20, 2023 · The FTC launched an inquiry into cloud competition in March, when it issued a request for information on hyperscaler business practices. The emergence of generative AI tools has intensified the agency’s concerns. “Cloud computing is a key input for artificial intelligence technologies,” Khan said.