Gartner: AI demand pushes 2026 IT spending to $6.31T
Worldwide IT spending is projected to hit $6.31 trillion in 2026, up 13.5% from 2025, according to Gartner, a business and technology insights company, as demand for artificial intelligence (AI)…
Gartner: Global IaaS market grows 22.5% in 2024 to $171.8 billion
The worldwide infrastructure as a service (IaaS) market grew 22.5% in 2024, reaching $171.8 billion, according to Gartner Inc., a research and consulting company. Amazon remained the top IaaS provider,…
Lenovo expands collaboration with DreamWorks Animation to power film production
DreamWorks Animation has named Lenovo as its preferred provider of compute services, workstations, and solutions, expanding a long-term collaboration aimed at supporting the studio’s film production needs. The partnership combines…
Leaseweb’s virtual server offers suite of features at affordable cost
Leaseweb Global, a cloud services and Infrastructure as a Service (IaaS) provider, has unveiled its new Virtual Private Server (VPS) solution. The service offers businesses affordable packages, starting at €3.99…
IDC: GenAI applications drive growth of public cloud services in Apac
Amazon Web Services (AWS), Google, Microsoft, Salesforce, and SAP are the top public cloud service providers in Asia Pacific excluding Japan and China (APeJC), according to the latest data from…
Gartner reports cloud market grows by 16.2% in 2023
The worldwide infrastructure as a service (IaaS) market increased by 16.2% in 2023 to reach $140 billion, up from $120 billion in 2022, according to research and consulting firm Gartner.…
IDC: Public cloud services market grows to $669.2 billion in 2023
The public cloud services market achieved significant growth in 2023, with worldwide revenue totaling $669.2 billion, posting a 19.9% increase from the previous year, according to the International Data Corp.…
ePLDT expands cloud offerings with Alibaba Cloud partnership
ePLDT, a subsidiary of PLDT specializing in ICT services, is broadening its digital solutions offerings with the latest partnership with Alibaba Cloud, adding to its roster of collaborators in the…
IDC forecasts spending on GenAI solutions to double in 2024
Market intelligence firm International Data Corp. (IDC) predicts a surge in Generative AI (GenAI) investment, forecasting global spending of $19.4 billion in 2023, set to more than double by 2024…
IDC: PaaS growth drives surge in public cloud services
In the first half of 2023 (1H23), the global revenue for public cloud services increased to $315.5 billion, marking a 19.1% surge compared to 2022, according to the International Data…
Lenovo expands TruScale cloud server services
Technology company Lenovo has announced new additions to its Lenovo TruScale portfolio as chief information officers (CIO) and IT leaders in the Philippines bring forward the need for the flexibility…
CIBI taps Alibaba Cloud in digitalizing anti-fraud initiative
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, will be powering up the anti-fraud initiative of CIBI Information Inc. (CIBI), credit reporting agencies in the Philippines. Alibaba…
Public cloud revenues grow 29% in 2021 — IDC
The latest data from market intelligence firm International Data Corp. (IDC) saw a 29% increase in revenues year over year (YoY) of the public cloud services market. Revenues from Infrastructure…
Alibaba maintains third position in public cloud IaaS market
Alibaba maintained its position as the third-largest public cloud Infrastructure-as-a-Service (IaaS) service provider globally in 2021, according to the latest Worldwide Semiannual Public Cloud Services Tracker published by market research…
Gartner ranks Alibaba third-largest IaaS provider for 4th consecutive year
For the fourth year in a row, Alibaba is ranked as the third-largest Infrastructure-as-a-Service (IaaS) provider in the world and the biggest in the Asia Pacific (APAC) in 2021 by…
Alibaba Cloud accelerates PH rural bank’s venture into e-money operations
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced that its solutions will enable Binangonan Rural Bank (BRB), the first rural bank in the Philippines to…
Gartner recognizes Alibaba Cloud for IaaS+PaaS abilities
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been recognized for its critical cloud abilities of compute, storage, network and security among global cloud service providers…
IDC expects investments in edge computing to reach $176 billion in 2022
The International Data Corp. (IDC) sees that there will be double-digit growth in edge computing spending this year reaching $176 billion in 2022, an increase of 14.8% over 2021. Enterprise…
Alibaba Cloud named a Visionary in 2021 Gartner Magic Quadrant
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been named a Visionary in 2021 Gartner Magic Quadrant for Cloud Infrastructure and Platform Services (Magic Quadrant for…
IDC forecasts worldwide ‘whole cloud’ spending to reach $1.3 trillion by 2025
In the latest data from market intelligence firm International Data Corp. (IDC) sees that the total worldwide spending on cloud services (whole cloud) will surpass $1.3 trillion by 2025 while…
Worldwide public cloud services market revenue totaled $312 billion in 2020
Public cloud services proved to be a critical necessity at the onset of the pandemic as organizations either started or accelerated their digital transformation. As the International Data Corp. (IDC)…
Alibaba Group leads APAC in Gartner’s IaaS market report
Alibaba Group has once again ranked third in the global Infrastructure as a Service (IaaS) market and first in the Asia Pacific region for the third consecutive year, according to…
Worldwide public cloud services market totaled $233.4B in 2019
The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26.0% year over year in 2019…
IDC expects IaaS and PaaS private, SaaS to increase further in 2020
International Data Corp. Asia Pacific’s report titled “Cloud and COVID-19: Asia/Pacific (Excluding Japan)” examines the latest data on end-user intentions regarding the impact of COVID-19 across IT and cloud spending.…
Gartner says worldwide IaaS public cloud services market grew 29.5% in 2017
(Image by Gerald Altman/Pixabay) The worldwide infrastructure as a service (IaaS) market grew 29.5 percent in 2017 to total $23.5 billion, up from $18.2 billion in 2016, according to Gartner…
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