Latest Cloud Computing News - CIO Dive
4 days ago · AWS plans UK cloud expansion, pours $10B more into AI infrastructure. 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. The latest cloud …
AI adoption drives ‘unmanageable’ spike in cloud costs
Oct 7, 2024 · AI adoption is contributing to a spike in cloud costs for most enterprises, according to a report by Tangoe. The technology expense management solution provider commissioned Vanson Bourne to survey 500 IT and finance professionals responsible for enterprise cloud cost management. Enterprise cloud costs rose an average of 30% in the last year ...
Enterprise cloud spend jumped in Q4, nudged upward by AI
Feb 5, 2024 · Cloud spending increased by $5.6 billion from Q3 to Q4 last year, the largest quarter-over-quarter increase ever recorded by Synergy Research Group. Enterprise cloud infrastructure services spend reached nearly $74 billion in the last three months of 2023, a $12 billion increase from the prior year. Revenue growth for the full year was 19% ...
Google Cloud enjoys an AI-fueled growth spurt in Q3
6 days ago · Dive Brief: Google Cloud revenues surged, increasing 35% year over year to $11.4 billion, driven by growth across AI infrastructure, generative AI solutions and core products, Google CFO and SVP Anat Ashkenazi said Tuesday, during the company’s Q3 2024 earnings call. The hyperscaler has seen revenue growth steadily accelerate over the last ...
AWS expands cloud footprint, extends useful life of servers
Feb 2, 2024 · AWS segment sales were $24.2 billion during the three-month period ending Dec. 31 and $90.8 billion on the year. To help offset infrastructure spending, the company extended the useful life of its cloud servers by one year, a move that will save nearly $1 billion this quarter, Olsavsky said. AWS will keep the hardware in service for six years ...
Enterprises cling to mainframe as cloud expands | CIO Dive
Oct 7, 2024 · Dive Brief: Enterprises are expanding mainframe capacity even as they migrate workloads to the cloud, according to an Information Services Group report published Thursday. One-third of enterprises using mainframes plan to upgrade processors or storage and 1 in 6 intend to purchase new units in the next three years, ISG found.
AWS launches training institute to tackle the cloud skills gap
Oct 10, 2023 · AWS launched a 12-course cloud skills training program designed to prepare learners for entry-level cloud technologist roles in as little as one year, the company announced Tuesday. The AWS Cloud Institute curriculum covers proficiencies in cloud and developer fundamentals, architecting on AWS, databases, analytics, networking, security, Python ...
AWS retains heavyweight title in cloud infrastructure
Aug 1, 2024 · AWS retained its dominant position in infrastructure services last year, according to Gartner’s analysis of global cloud revenue. Amazon’s cloud division captured 39% of the $140 billion IaaS market, the analyst firm said in a report last week. Microsoft, the second largest hyperscaler by market share, had $32 billion in cloud ...
Businesses default to cloud for generative AI, accelerate migrations
Aug 28, 2024 · Enterprises are leaning on cloud to satisfy a hunger for generative AI and machine learning capabilities, according to Foundry research published Tuesday. Migration rates rebounded this year, with 63% of respondents reporting accelerated cloud adoption over the last year, compared to 57% in 2023 and 63% in 2022.
Can FinOps save cloud from itself in 2024? - CIO Dive
Jan 22, 2024 · The table is set for enterprises to make significant cloud cost management gains this year, analysts told CIO Dive. Enterprise AI outcomes depend heavily on the health of datasets on hand — and the talent that manages them. Cloud practitioners have codified lessons learned from failed migrations and budget overruns under the banner of FinOps ...