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

As AI becomes more deeply embedded in critical systems, attackers are adapting fast. This on-demand ...
UiPath has released an artificial intelligence (AI) agent that interviews employees about how they d...
As organisations refresh ageing infrastructure and prepare for next-generation wireless connectivity...
The UK’s existing datacentres emit about 1.5 million tonnes of CO2e a year. A 14.6GW committed...