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cloud hosting
July 2, 2024
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Cloud Infrastructure Spending Soars by 36.9% YoY to $33B in Q1 2024

Spending on compute and storage infrastructure products for cloud deployments, like dedicated and shared IT environments, rose 36.9% year over year to $33.0 billion in the first quarter of 2024 (1Q24), according to IDC’s Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment. As expected, spending on cloud infrastructure continues to grow faster than spending on... Read More
cloud hosting, news
July 1, 2024
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Colt and OVHcloud Partner to Expand Cloud Services in 140 Countries

Colt Technology Services has announced a major partnership with OVHcloud aimed at expanding the availability of public and private cloud services to businesses in more than 140 countries. This partnership leverages Colt’s Dedicated Cloud Access connectivity, which provides secured and flexible cloud solutions combined with OVHcloud’s data protection and comprehensive cloud offerings. OVHcloud, one of the... Read More
cloud hosting, news
July 1, 2024
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Survey: Only 8% of Organizations Achieve High Cloud Maturity Levels

HashiCorp (NASDAQ: HCP), delivering its cloud infrastructure solutions globally, has unveiled the findings from its 2024 State of Cloud Strategy Survey, conducted by Forrester Consulting. As enterprises intensify their cloud adoption and integrate lifecycle management for infrastructure and security, the survey reveals that a mere 8% of organizations can be classified as having highly mature... Read More
cloud hosting, news
June 30, 2024
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Gulf Edge, Google Cloud Partner to Deliver Sovereign Cloud Services in Thailand

Gulf Edge Company, a subsidiary of Gulf Energy Development Public Company, has entered into a multi-year agreement with Google Cloud to provide sovereign cloud services in Thailand. This collaboration aims to meet Thailand’s strict data residency, security, and privacy requirements, while empowering key industries to advance their digital transformations using Google’s AI and analytics capabilities.  This strategic partnership... Read More
cloud hosting, news
June 27, 2024
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Omdia: Serverless Computing Reaches $19B, Poised to Hit $41B by 2028

Serverless computing, a burgeoning sector within the cloud services domain, has surged to a market valuation of $19 billion, according to recent analysis from Omdia’s Cloud Software & Services Intelligence Service. Dominated by public cloud hyperscalers, this segment is led by Amazon AWS, which holds a commanding 47.3% market share, followed closely by Microsoft Azure at 38.9%.... Read More
cloud hosting, news
June 27, 2024
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CME Group, Google Cloud to Build Private Cloud for Low-Latency Trading

CME Group and Google Cloud have announced their plan to build a new private Google Cloud region and a colocation facility in Aurora, Illinois. This initiative aims to transform the trading landscape by hosting a specialized platform tailored for CME Group’s futures and options markets, offering derivatives traders “ultra-low-latency” networking and high-performance computing through cloud-based... Read More
cloud hosting, news
June 26, 2024
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Leaseweb Announces Public Cloud with Global Availability

Leaseweb, one of the largest European cloud services and Infrastructure as a Service (IaaS) providers, has announced the availability of its Public Cloud service. Leaseweb says it offers a highly competitive blend of cost-effective flexibility and global availability. Accoring to Leaseweb, their public cloud is designed to be around 30% cheaper than traditional hyperscalers, while delivering the performance, reliability... Read More
cloud hosting, news
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