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WEBAlibaba Cloud sees 6% revenue growth driven by AI adoption. Driven 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,...
Latest Cloud Computing News & Insights | Cloud Tech News
WEBAlibaba Cloud sees 6% revenue growth driven by AI adoption. Driven 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 ...
Latest Cloud Computing Platforms News | Cloud Tech News
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 ...
Latest Cloud Computing Applications News | Cloud Tech News
WEBThe cloud computing sector has been on an impressive growth trajectory, with projections suggesting its market capitalisation will quadruple to a staggering $2.3 trillion by 2032. However, this rapid expansion comes with its own set of challenges. The market's concentration among a few major players like AWS, Azure, and Google Cloud poses ...
Navigating the Shift to Cloud and Agile Practices
WEB4 days ago — Join the cloud revolution. For IT leaders and teams navigating these challenges, Nordcloud’s upcoming event, The Cloud Revolution Summit, presents an unparalleled opportunity to gain insights and practical strategies. Taking place on September 18, 2024, this hybrid event will allow participants to engage in …
Latest Cloud Computing Infrastructure News | Cloud Tech News
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 ...
Latest Microsoft Cloud Computing News | Cloud Tech News
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.
Latest Cloud Migration News | Cloud Tech News - Cloud Computing News
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 ...
Latest Cloud Companies News - Cloud Computing News
WEBAlibaba Group Holding’s cloud computing division is bringing changes to the way Olympic content will be transmitted and consumed, marking a significant milestone in the history of sports broadcasting. On July 25, Alibaba Cloud, in collaboration with Olympic Broadcasting Services (OBS), unveiled OBS Cloud 3.0, an innovative AI-enhanced ...
Latest Cloud Computing Research News | Cloud Tech News
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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