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Flexera 2024 State of the Cloud: Cost optimisation, FinOps and GenAI key takeaways

James Bourne — Tue, 12 Mar 2024 17:57:48 +0000

Flexera has admitted that 2024 is a ‘complex’ year for cloud adoption as the company publishes its latest State of the Cloud report – and while cost optimisation remains key, sustainability is slowly emerging as an important differentiator. The report – the 13th – is often regarded as a benchmark study for the industry, with […]

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IBM transformation report establishes the dominance of hybrid cloud

Fin Strathern — Fri, 05 Nov 2021 16:29:28 +0000

IBM has found that only 3 percent of businesses still use a single private or public cloud in 2021, a drastic decrease from 29 percent in 2019. Such a shift marks the emergence of hybrid cloud models as the dominant IT architecture in cloud transformation. The global study was undertaken by the IBM Institute for […]

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Global cloud computing market to reach nearly £600bn by 2028

Fin Strathern — Mon, 01 Nov 2021 04:14:00 +0000

The global cloud computing market is expected to reach $791.5 billion (£578.8bn) in size by 2028, more than three times its current 2021 valuation of $250 billion (£182.8bn). Charting the market’s expected growth, Fortune Business Insights found in its report, titled “Cloud Computing Market, 2021-2028”, that the period will see a 17.9% compound annual growth […]

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