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WEBDriven by AI technology, Alibaba Group has reported a 6% year-over-year (YoY) increase in its cloud business revenue for the quarter ending June 30, reaching RMB 26.5 billion ($3.65 billion). This growth marks the segment's strongest performance since the September 2022 quarter,... 21 August 2024 | Alibaba Cloud.
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WEBSep 13, 2024 · As businesses increasingly rely on cloud technologies, ensuring secure and efficient global connectivity is paramount. GNX, a provider of global internet and private connectivity solutions, is addressing this challenge head-on. Ahead of Cyber Security & Cloud Expo Europe, CloudTech caught up with Rick Mur, Co …
China cloud infrastructure spend hits $9.2bn in Q3 with ‘relentless’ …
WEBJan 3, 2024 · Spending on cloud infrastructure services in mainland China hit $9.2 billion USD (£7.29bn) in the third quarter of 2023 accounting for 12% of global cloud spend, according to analyst firm Canalys. The three largest vendors in China – Alibaba, Huawei and Tencent – represent almost three quarters (73%) of the market and customer spending.
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WEBSpending on cloud infrastructure services in mainland China hit $9.2 billion USD (£7.29bn) in the third quarter of 2023 accounting for 12% of global cloud spend, according to analyst firm Canalys. The three largest vendors in China – Alibaba, Huawei and Tencent – represent almost three quarters (73%) of the market and customer spending.
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WEBMicrosoft has announced an investment of 33.7 billion Swedish crowns, approximately $3.2 billion, to enhance its cloud and AI infrastructure in Sweden over the next two years, marking a major commitment in the region. This substantial investment also highlights the seriousness of Microsoft's dedication to cloud computing and AI.
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WEBNutanix, a specialist in hybrid multicloud computing, has revealed the findings of its sixth annual Enterprise Cloud Index (ECI) survey and research report, which measures global cloud adoption and related trends. The 2024 report reveals that 84% of UK respondents are adopting a 'cloud smart' stance, placing the applications and workloads in ...
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WEBThe study of 500 senior IT decision makers found investment in IT modernisation is set to increase by 27% in 2024, as enterprises look to take advantage of new technologies, such as AI and edge computing, while meeting ever-increasing productivity demands. There is a clear demand for modernisation and tech investment: 59% are worried their ...
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WEBGoogle Cloud serverless projects are being used by a Latin American financially motivated threat group, codenamed FLUXROOT, to orchestrate credential phishing campaigns, the The Hacker News has reported. This event is not isolated, as numerous malefactors in cyberspace are exploiting cloud computing services for malicious objectives.
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WEBThe UAE hopes to introduce three new policies to enhance the country's existing cybersecurity framework. According to the Emirates News Agency, the proposed policies will concern the domains of cloud computing, data security, IoT security, and cybersecurity operations centres. Even though the inner workings of these rules are not yet known, it ...
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WEBNutanix, a specialist in hybrid multicloud computing, has revealed the findings of its sixth annual Enterprise Cloud Index (ECI) survey and research report, which measures global cloud adoption and related trends. The 2024 report reveals that 84% of UK respondents are adopting a 'cloud smart' stance, placing the applications and workloads in ...