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WHTop → 📋 News → Global IT Services Market Remains Resilient, Says ISG
Apr, 2025 : Global IT Services Market Remains Resilient, Says ISG
📅 - Despite mounting economic concerns and the looming impact of new U.S. trade tariffs, the global market for IT and business services maintained a strong performance in the first quarter of 2025, according to the latest ISG Index released by technology advisory firm Information Services Group (ISG).
The report highlights that the combined annual contract value (ACV) for both managed services and cloud-based as-a-service (XaaS) offerings reached $28.8 billion in Q1, marking an 18% year-over-year increase and setting a new record. This growth represents the sixth consecutive quarter of sequential gains, with a modest 2% increase from the previous quarter.
Cloud-based services continued to be [...][... Check source for end of article ...]
📅 - Loenbro Acquires Stewart Electric to Expand U.S. Data Center Services - Loenbro, a Westminster, Colorado headquartered provider of specialized technical services for critical infrastructure, has announced the acquisition of Stewart Electric, a Nevada-based electrical services firm with a strong focus on the data center industry. The deal marks a strategic move to expand Loenbros presence in mission-critical sectors and bolster its capabilities in servicing data centers across the United States. Financial terms of the transaction were not disclosed.
Stewart Electric would bring to Loenbro a proven track record in data center electrical contracting, along with an experienced team and long-standing relationships in the industry. The acquisition would enable [...]
📅 - Oracle and Google Cloud Unveil New Database and Partner Program - Oracle and Google Cloudhave announced a major expansion of their strategic collaboration with the launch of an industry-first partner program, enhanced database services, and a broader global rollout of Oracle Database@Google Cloud. The partnership aims to provide enterprises with more flexibility, choice, and performance when running Oracle workloads in multicloud environments.
At the core of this announcement is the introduction of a new partner program that allows Oracle and Google Cloud resellers to offer Oracle Database@Google Cloud to their customers via private purchase through the Google Cloud Marketplace. This initiative enables technology partners to integrate Oracle Database [...]
📅 - Corero Expands DDoS Deal with NorthC for Secure Growth in Europe - Corero Network Security, global provider of distributed denial of service (DDoS) protection solutions, has announced the renewal and expansion of its strategic partnership with NorthC Data Centers, a key regional data center operator in the Netherlands, Germany and Switzerland. The new three-year agreement is expected to support NorthCs international growth strategy, including its ongoing expansion into Germany.
NorthCs digital infrastructure would be strengthened with Coreros real-time, adaptive DDoS defense capabilities.
The extended partnership would underscore the increasing importance of robust cybersecurity frameworks as data center providers scale to meet rising demand across [...]
📅 - Rackspace Unveils OpenStack Flex for Simplified Enterprise Cloud Services - "Workload management in the hybrid cloud environment is now simpler than ever thanks to Rackspace OpenStack Flex. Customers remain flexible, compliant, and prepared to change in a world that moves quickly thanks to our unified OpenStack-powered cloud platform," said Lance Weaver, Chief Product and Technology Officer of Rackspace Private Cloud. "Our team of experts is committed to delivering our Fanatical Support every step of the way, ensuring customers have the guidance and confidence in their technology stack."
Utilising Rackspace's experience as a co-creator of OpenStack with NASA, Rackspace OpenStack Flex is an open cloud service that uses tried-and-true OpenStack technologies to [...]
VPA is still incredibly underutilized, but HPA is frequently used by Kubernetes users. Only 1% of companies employ VPA, while only 54% use HPA to grow their workloads. Numerous issues, such as pod restarts, imprecise resource scaling, and incompatibility with HPA, are mostly to blame for this disparity.
Based on real-time usage indicators, Zesty dynamically modifies CPU and RAM allocations at the container level with Kompass's new Pod Rightsizing technology. Kompass minimizes waste from static resource requests, prevents conflicts [...]
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