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WHTop → 📋 News → Cloud Market Surges to $330B in 2024, Fueled by AI Growth
Feb, 2025 : Cloud Market Surges to $330B in 2024, Fueled by AI Growth
📅 - The global cloud market surged to $330 billion in 2024, with generative AI (GenAI)driving half of the growth, according to new data from Synergy Research Group. The market expanded by $60 billion from 2023 and by $102 billion compared to 2022, reflecting the increasing demand for AI-driven cloud services.
In the fourth quarter alone, global enterprise spending on cloud infrastructure services rose by 22% year-over-year, reaching $91 billion, a $17 billion increase from Q4 2023.
Since the introduction of ChatGPT in late 2022, GenAI has significantly contributed to the cloud sectors expansion. The rise of AI-driven platform services, GPU-as-a-service offerings, and AI-enhanced cloud [...][... Check source for end of article ...]
📅 - AWS Plans $100B AI Investment, Surpassing Microsoft - Amazon Web Services (AWS) has unveiled an unprecedented $100 billion capital expenditure plan for 2025, with the majority of investments directed toward artificial intelligence (AI) infrastructure. This aggressive spending strategy positions AWS ahead of competitors Microsoft and Google in the race to expand AI-ready cloud services.
The announcement came alongside AWSs strong financial results for the fourth quarter of 2024, marking a second consecutive quarter of 19% year-over-year (YoY) revenue growth. The cloud giant reported Q4 sales of $28.8 billion, up from $24 billion in 2023, while quarterly profit surged to $10.6 billion from $7.1 billion the previous year.
AWSs full-year [...]
📅 - Equinix Opens 350M Data Center in Paris Metro Area - Equinix has officially inaugurated its PA13x colocation data center in Meudon, France, marking a significant step in its expansion within the le-de-France region. With a projected investment of 350 million, the facility underscores Equinixs commitment to providing cutting-edge digital infrastructure while prioritizing sustainability.
The PA13x launch coincides with the Global Summit for AI Action, emphasizing the critical role of responsible digital infrastructure in supporting artificial intelligence and high-performance computing.
Designed to meet the increasing demands of enterprises and cloud providers, PA13x is equipped to handle vast data volumes, driven by AI and other [...]
Continuous availability is necessary for modern enterprises, but old solutions are not resilient enough to withstand significant availability events. By using proactive, real-time mitigation and dynamically allocating security enforcement to ensure constant performance, Corero eliminates these obstacles. Another system, data center, or network segment immediately steps in to provide protection and seamless resiliency without service interruptions or reduced performance in the event that one fails.
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📅 - SolarWinds Acquired by Turn/River Capital in $4.4B Deal - Private equity company Turn/River Capital has agreed to buy SolarWinds, a top supplier of ITmanagement and observability software, in a historic $4.4 billion transaction. With the all-cash acquisition of SolarWinds at $18.50 per share, the Austin, Texas-based business - which has been listed on the New York Stock Exchange (NYSE) - will undergo a dramatic metamorphosis as it goes private.
The decision to transition into private ownership comes after years of turbulence for SolarWinds, most notably its involvement in one of the most consequential cybersecurity incidents in modern history. The companys Orion software platform was compromised in a sophisticated supply chain attack in 2020, [...]
📅 - Mirantis Unveils Open Source Project for Platform Engineering - K0rdent facilitates the creation of customized internal development platforms (IDPs) for platform engineers by managing Kubernetes clusters on any infrastructure. The K0rdent architecture may be readily adapted to platform developers' unique needs thanks to its modular design, and standardized deployment templates are offered to expedite installations.
Randy Bias, vice president of open source strategy and technology at Mirantis, stated that companies worldwide are facing the challenge of managing the ever-increasing Kubernetes sprawl while simultaneously increasing developer velocity and decreasing time-to-market, streamlining operations, and controlling compliance risks. With the help [...]
📅 - Aligned Data Centers Expands Leadership Team - Aligned Data Centers has announced four key executive appointments, marking a significant leadership expansion at Aligned aimed at driving growth and innovation in the data center industry.
Michael Morris has been promoted to Chief Development Officer (CDO) from his previous role as Executive Vice President of Design and Construction. In his new capacity, Morris will oversee Aligned's strategic development initiatives with a focus on expanding the company's data center footprint to meet the growing demand for scalable and flexible infrastructure. With nearly 15 years of experience in high-impact data center development and construction projects, Morris has played a pivotal role in [...]
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