Global IaaS public cloud service rev passes $100B
Revenue for the global infrastructure-as-a-service (IaaS) has blown past US$100 billion for the first time, reaching US$120.3 billion in 2022.
Revenue for the global infrastructure-as-a-service (IaaS) has blown past US$100 billion for the first time, reaching US$120.3 billion in 2022.
IT spending in the Australian banking and investment services space is predicted to reach $27.3 billion by the end of 2023.
The future of cloud, data centres and edge infrastructure has been placed in the hands of infrastructure and operations (I&O) teams, with four major global trends this year likely paving the way for future innovations.
The proportion of companies implementing a data centre infrastructure sustainability program will rise from about 5% in 2022 all the way to 75% by 2027, according to Gartner report.
Partners looking to tap into the public sector market should focus their attention towards cloud migration and hyper modernisation, keeping pace with popular global trends.
Enterprises seem to recognise that the flexibility and other benefits of cloud (machine learning, IaaS) are even more critical in uncertain times.
Global shipments of PCs, tablets and mobile phones are forecast to decline by 4.4 per cent year-on-year in 2023 to 1.7 billion units, easing up considerably from 2022’s drop of 11.9 per cent.
While the slump in hardware device sales will take longer than expected to rebound, much of enterprise IT spending — for example on cloud technology — is locked in and inflation-proof.
Gartner projects sales for low-code development technologies to grow by 19 per cent over the next four years to reach $44.5 billion by 2026.
Two networking technologies – secure access service edge and wireless— lead a list of six core trends that will impact enterprise infrastructure and operations activity in 2023.
Gartner says working to attain environmentally sustainable infrastructure is a marathon, not a sprint, that requires long-term goal setting.
Gartner says software and services will drive growth, while data centre spending will also increase, though more modestly.
IT can help boost productivity and encourage the best workers to stay by boldly adopting cutting-edge technology that makes tasks easier.
Gartner highlights wireless, AI, Super Apps, and sustainability among key strategic considerations for businesses to explore in 2023.
Cloud computing affects every aspect of IT and the business, so organisations need a strategy and decision process to manage its impacts.
Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.
By Kalyan Madala, CTO, IBM ASEANZK