A recent joint study by Boomi and Forrester Research has revealed a startling trend in the corporate sphere—75% of companies exceed their cloud budgets, a predicament stemming from inadequate cloud cost management and optimization (CCMO). Alarmingly, only 6% of these businesses are actively engaging in cost remediation before expenses spiral out of control. It appears that many companies fail to
In the swiftly advancing digital age, AI’s role in shaping cloud infrastructure is crucial. Tech giants like Google and Microsoft are investing heavily in cloud infrastructure to support the increasing AI demands. A recent IDC report reveals a significant 18.5% annual increase in cloud infrastructure spending, emphasizing the spike in the last quarter of 2022. This growth is fueled by
In the closing quarter of 2023, the cloud infrastructure industry soared, data from IDC’s Worldwide Quarterly Enterprise Infrastructure Tracker proves. Worldwide expenditures on compute and storage infrastructure for the cloud soared by 18.5% to a noteworthy $31.8 billion, eclipsing the growth of non-cloud infrastructure. While non-cloud did experience a significant rise, up 16.4% to $18.9 billion, it was the cloud
Hitachi Vantara has recently announced a significant reorganization that signals a shift toward a stronger focus on artificial intelligence (AI) and hybrid cloud technologies. This move involves integrating Hitachi’s IT Platform Products Management Division into the Hitachi Vantara umbrella. This strategic consolidation is intended to enhance operational efficiency and foster a culture of innovation more conducive to addressing the rapidly
Cloudflare has taken a giant leap forward in AI deployment with the inception of its state-of-the-art GPU-driven network worldwide. This network, spanning across 150 cities, is designed to amplify both the performance and security of AI applications for businesses. The partnership with Hugging Face signifies a significant move towards a serverless cloud platform, one that promises to streamline the deployment
Cloud Commander offers Managed Service Providers (MSPs) a unified console that simplifies the complexities of cloud infrastructure management. By amalgamating tasks for platforms like Microsoft 365, Azure, and Intune into one interface, service desks can skyrocket their efficiency. No longer weighed down by multiple logins, tasks such as user administration and resource management become streamlined. This not only speeds up
Seattle’s OctoAI is transforming enterprise AI application with its new offering, OctoStack. This platform is changing the game by enabling businesses to efficiently deploy private, generative AI models. Uniquely designed to serve the needs of both virtual private clouds and on-premises infrastructures, it offers a sophisticated blend of optimized inference, tailor-made model tuning, and extensive management of digital assets. OctoStack
The significant impact of Artificial Intelligence (AI) on technology is well recognized, and the contributions of Graphics Processing Units (GPUs) to this field have been substantial. However, as the tech landscape is always evolving, it prompts the question of whether GPUs are the be-all and end-all for AI processing, or if this is a fleeting phase of technological favoritism. The
In an age where digital infrastructures have become the backbone of global business operations, World Cloud Security Day 2024 stands as an emblematic event prompting a profound dialogue on the safeguards governing our ethereal data realms. As organizations increasingly migrate to the cloud, reaping its myriad benefits of flexibility, scalability, and cost-effectiveness, the flip side of this technological boon surfaces—vulnerabilities
At the Nvidia GTC AI conference, Microsoft and Nvidia announced a significant partnership, showcasing a wave of AI advancements poised to revolutionize industry capabilities. This collaboration is a clear indicator of how the future of AI infrastructure and services is being shaped, with the potential to drive transformation across various sectors on a global scale. The synergistic efforts of the
The cloud’s allure is intensifying within organizations, as evidenced by rising expenditures. Flexera’s recent State of the Cloud Report signals this shift, noting that nearly 30% of companies now allocate over $12 million annually to public clouds, showcasing a deeper financial commitment to these services than in the past. This trend is not limited to infrastructure alone but extends to
As businesses adopt multi-cloud strategies, managing expenses across diverse cloud platforms becomes complex. Enter FinOps—a strategic practice that merges financial, IT, and business processes to control and optimize cloud spend. This framework transcends traditional IT boundaries, fostering financial accountability across the organization. Team collaboration—among engineers, finance professionals, and executives—is paramount, ensuring everyone is invested in managing cloud costs. With FinOps,
