Global public cloud services market grew 26% YOY in 2019 with revenues totaling $233.4 billion

The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26% year over year in 2019 with revenues totaling $233.4 billion, according to IDC. Spending … Continue reading Global public cloud services market grew 26% YOY in 2019 with revenues totaling $233.4 billion

Cloud IT infrastructure spending grows, non-cloud investments plunge

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, n… Continue reading Cloud IT infrastructure spending grows, non-cloud investments plunge

Global IoT spending dropping significantly in 2020, but expected to rebound in 2021

Worldwide IoT spending has been significantly impacted by the economic effects of the pandemic in 2020, although a back to double-digit growth rebound is expected both in the mid and long-term, according to IDC. IoT spending is growing 8.2% year over y… Continue reading Global IoT spending dropping significantly in 2020, but expected to rebound in 2021

There is a direct correlation between AI adoption and superior business outcomes

Adoption of artificial intelligence (AI) is growing worldwide, according to an IDC survey of more than 2,000 IT and line of business (LoB) decision makers. Over a quarter of all AI initiatives are already in production and more than one third are in ad… Continue reading There is a direct correlation between AI adoption and superior business outcomes

Global server market revenue declined 6.0% year over year in 1Q20

Vendor revenue in the worldwide server market declined 6.0% year over year to $18.6 billion during the first quarter of 2020 (1Q20). Worldwide server shipments declined 0.2% year over year to just under 2.6 million units in 1Q20, IDC reveals. In terms … Continue reading Global server market revenue declined 6.0% year over year in 1Q20

Average cost of DNS attacks hovering around $924,000

79% of organizations experienced DNS attacks, with the average cost of each attack hovering around $924,000, according to EfficientIP. The 2020 Global DNS Threat Report, conducted in collaboration with IDC, shows that organizations across all industrie… Continue reading Average cost of DNS attacks hovering around $924,000

IT spending levels expected to dip in 2020, despite ease of economic lockdown

Business confidence in IT spending levels declined in the last week of May, according to IDC. IT buyers in the US, Western Europe, and some parts of Asia/Pacific indicated that they now expect total IT spending to decline by more than previously antici… Continue reading IT spending levels expected to dip in 2020, despite ease of economic lockdown

Global enterprise WLAN market fell 2.2% year over year in 1Q20

The combined consumer and enterprise WLAN market segments rose 2.3% year over year in the first quarter of 2020 (1Q20), according to IDC. The enterprise segment fell 2.2% year over year in 1Q20 with $1.3 billion in revenue. The impact of COVID-19 The f… Continue reading Global enterprise WLAN market fell 2.2% year over year in 1Q20

Global revenue from OCP infrastructure market to reach $33.8 billion in 2024

Worldwide revenue from the Open Compute Project (OCP) infrastructure market will reach $33.8 billion in 2024, according to IDC. While year-over-year growth will slow slightly in 2020 due to capital preservation strategies during the COVID-19 situation,… Continue reading Global revenue from OCP infrastructure market to reach $33.8 billion in 2024

Most companies suffered a cloud data breach in the past 18 months

Nearly 80% of the companies had experienced at least one cloud data breach in the past 18 months, and 43% reported 10 or more breaches, a new Ermetic survey reveals. According to the 300 CISOs that participated in the survey, security misconfiguration … Continue reading Most companies suffered a cloud data breach in the past 18 months