Enterprise spending on cloud infrastructure services passed the USD 50 billion mark
Enterprise spending on cloud infrastructure services passed the USD50 billion mark, up 36% from the fourth quarter of 2020, stated Synergy Research Group in their new survey. Total year spending reached USD178 billion, up 37% from 2020. Amazon continues to lead the market with its worldwide market share staying almost constant at 32-33%. In Q4 its annual growth once again came in a little above... By CIO&Leader
Supercomputers and its impact on the metaverse and virtual reality: WEF
Since the beginning of this year, there has been a lot of hype, skepticism, cynicism, and confusion surrounding the concept of the metaverse. News that some of the world’s top tech firms are rapidly developing AI supercomputers has further fueled that anticipation. But what will the entry of supercomputers mean for the metaverse and virtual reality — and how can we manage it responsibly?... By CIO&Leader
Machine vision becoming a key enabling technology for digitalization and automation
Machine vision is rapidly becoming a key enabling technology for digitalization and automation in automotive, healthcare, manufacturing, retail, smart buildings, smart cities, transportation, and logistics. The total revenue of machine vision technology in the seven major markets is expected to reach USD36 billion by 2027, up from USD21.4 billion in 2022. This growth translates to a CAGR of 11%,... By CIO&Leader
India's tech spending to grow 8.7% in 2022, highest growth rates in APAC: Forrester
Indian tech spending is expected to grow 8.2 percent in 2022, Forrester forecasts in a new report “Asia Pacific Tech Market Outlook By Country For 2021 And 2022. This is one of the highest growth rates in the Asia Pacific region. In 2022, continuous improvements in vaccination rates, and the progressive reopening of economies will produce more sustained tech market growth, on par with or... By CIO&Leader
10 Cloud Practices to Track in 2022
Cloud is finding remarkable success with businesses across industries. Cloud is making it simple to adopt digital and is also accelerating adoption. A slew of trends such as streaming, work from anywhere, the reliance on edge sensors, the quest for carbon neutrality, the pursuit of planet-scale applications, and new IT models have placed the cloud at the center of action in 2021. Today, there can... By Nayanaraja V Naidu
CapitaLand, Leveraging Global expertise and providing world-class Colocation and Operational Excellence
CapitaLand, which has its stronghold over the APAC and European data center market, has entered the Indian market with some differentiated plans. The group has been present in India since 2005 through Ascendas, the pioneers of IT Parks in India. With India’s regulatory requirement for data localization giving a huge disruptive boost to the local data center market, CapitaLand is now set to play... By CIO&Leader
The top 10 tech trends of 2022
In an increasingly connected world, technology has the potential to revolutionize and reinvent how we do business. As we look forward and prepare for a post-pandemic future, we’re optimistic the latest tech trends can help address some of our most pressing business challenges — and build a more equitable, resilient society. Based on industry insights and conversations with clients and colleagues... By CIO&Leader
Kyndryl and Pure Storage Announce Global Alliance
Kyndryl, a leading IT infrastructure services provider, and Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced a global alliance that joins the expertise and operational experience of Kyndryl with the best-in-class storage technology of Pure to deliver mission-critical capabilities to enterprises. As part of the new alliance,... By
On the need to embrace digital culture
The COVID-19 pandemic has taught businesses to survive through a hyper-connected world and be resilient. Internet and Internet-enabled technology today hold the key to sustaining primarily offline companies. Hospitality, Consumer Goods, Mining, Energy, Construction, Real Estate, Automotive embraced tech during the pandemic to enable the supply chain to leverage digital channels. Today, when... By Kanishk Gaur
CSCOs Must Prepare for the Future of Supply Chain: Gartner
At the start of 2021, supply chain leaders were cautiously optimistic about the future. The first vaccines had been approved, trade tensions were easing, and many expected the COP26 conference would provide a clear action plan for tackling climate change. All in all, 2021 looked to be a return to normal. But that didn’t turn out to be the case. Now you, as a chief supply chain... By CIO&Leader
The next decade of payments belongs to businesses, not consumers: Forrester
We live in a world where centuries of glacial paper-based payments evolution have given way to exponential digital payment innovation: a world of fragmentation across device, form factor, and payment method. Against this backdrop, regulators struggle to contain risk, and firms struggle to meet the changing needs of consumers. By 2030, payments will become a feature in devices - including... By CIO&Leader