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EMEA Public Cloud Services Market Poised for Rapid Growth, Reaching $415 Billion by 2028

12/02/2024 | IDC
The Europe, Middle East, and Africa (EMEA) public cloud services (PCS) market, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS), is projected to generate $203.0 billion in revenue for 2024.

Artificial Intelligence Infrastructure Spending to Surpass the $100B Mark in the Next 5 years

11/27/2024 | IDC
The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $100 billion USD in spending by 2028, according to the latest findings from the International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Infrastructure Tracker.

At Schneider Electric, Future of MES/MOM Lies in the Cloud

11/26/2024 | Schneider Electric
Schneider Electric’s mission is to be the trusted partner for sustainability and efficiency. The company is helping customers across industries unlock efficiency, productivity, and resilience through digital transformation. Schneider Electric is also accelerating its own digital transformation across production facilities.

Gartner Forecasts MENA IT Spending to Grow 7.4% in 2025

11/20/2024 | Gartner, Inc.
IT spending in the Middle East and North Africa (MENA) region is projected to total $230.7 billion in 2025, an increase of 7.4% from 2024, according to the latest forecast by Gartner, Inc.

IBM Expands its AI Accelerator Offerings; Announces Collaboration with AMD

11/18/2024 | IBM
IBM and AMD have announced a collaboration to deploy AMD Instinct MI300X accelerators as a service on IBM Cloud. This offering, which is expected to be available in the first half of 2025, aims to enhance performance and power efficiency for Gen AI models such as and high-performance computing (HPC) applications for enterprise clients.
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