Global cloud spend to surpass $700B in 2025 as hybrid adoption spreads

Posted: 21st Nov 2024

Cloud infrastructure delivered large language models to the enterprise, and hyperscaler platforms now serve as marketplaces for a growing number of generative AI-powered applications. 

Combined, cloud infrastructure and platform services — a segment Gartner calls CIPS — will comprise the largest category of enterprise cloud spend in 2025, increasing by 24% to over $300 billion, according to the forecast.

View Full Article

Related Articles

Popular Articles

AI doesn't fix bad data hygiene - it just surfaces it faster and at scale. We explain what that mean...
As the leaders of the Five Eyes cyber security agencies, we are united in our call to action: the ev...
AI is giving cybercriminals new speed and scale, but researchers say the technology could also becom...
As compute moves closer to the user and the edge becomes the epicenter of business innovation, physi...