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WHTop → 📋 News → Managed Services Market to Triple by 2032 on AI and Security Demand
Managed Services Market to Triple by 2032 on AI and Security Demand
📅 - The global managed services market is poised for rapid and sustained growth, with projections from Credence Research indicating a compound annual growth rate (CAGR) of 14.5% from 2024 to 2032. The market is expected to grow from USD 335.3 billion in 2024 to over USD 990 billion by the end of the forecast period, as organizations increasingly seek third-party expertise to manage complex IT operations, optimize costs, and strengthen cybersecurity defenses.
According to Credence Research, several converging trends are fueling this expansion. The growing intricacy of IT infrastructures - driven by technologies such as artificial intelligence (AI), cloud computing, machine learning (ML), and [...][... Check source for end of article ...]
📅 - Intel Cuts 15% of Core Workforce in Major Efficiency Push - Intel has completed the majority of a planned 15% reduction in its core workforce, marking one of the company's most significant restructurings in recent years. The move is part of a broader campaign to streamline operations, cut expenses, and sharpen focus on high-priority areas like artificial intelligence (AI) and semiconductor manufacturing.
The workforce reduction, finalized during the second quarter of 2025, is designed to create a "faster-moving, flatter, and more agile organization," according to Intel's leadership. Intel expects to finish the year with approximately 75,000 employees - down from more than 88,000 prior to the cuts. The company emphasized that the layoffs, combined [...]
📅 - Crusoe, Tallgrass to Build 1.8GW AI Data Center in Wyoming - Crusoe, a vertically integrated provider of AI infrastructure, and Tallgrass, a major player in energy infrastructure, have announced a strategic alliance to construct a 1.8-gigawatt (GW) AI data center complex in southeast Wyoming. The project, which has the potential to scale up to 10 GW, marks one of the most ambitious AI infrastructure developments in the U.S. to date and showcases a growing intersection between energy and digital technologies.
The data center complex will employ a hybrid energy strategy, leveraging natural gas alongside anticipated renewable energy sources in the region. This diversified power model is designed to ensure the reliability, efficiency, and [...]
📅 - Commvault Acquires Satori to Boost AI Data Security and Compliance - A data and AI security business called Satori Cyber will be acquired by Commvault, worldwide supplier of cyber resilience and data protection solutions for the hybrid cloud. The deal's financial details were not made public. August 2025 is when the deal is anticipated to conclude.
Businesses are dealing with a confluence of global regulatory challenges, data expansion and sprawl, and AI adoption. Boards and executives in charge of security, IT, and business must handle these issues in hybrid and multi-cloud systems.
Through the acquisition of Satori Cyber, Commvault will assist businesses in meeting regulatory standards, reducing risks, and managing sensitive data access - including who [...]
📅 - Cato Networks Adds Azure vWAN to the SASE Platform - IT teams can now concentrate on business outcomes rather than tedious tasks thanks to this integration, which offers organizations with distributed Azure deployments - which include different regions, subscriptions, and virtual networks (VNets) managed by Azure vWAN and Azure vWAN hub - secure and seamless communication.
Businesses are finding it more and more difficult to secure and manage connectivity across widely dispersed settings as they embrace hybrid and multi-cloud architectures. A consistent, safe, and effective global networking environment that facilitates digital transformation is made possible by Cato's integration with Microsoft. Cato creates a natural, end-to-end [...]
📅 - Aligned Data Centers Launches AI Campus in Central Ohio - Global infrastructure provider Aligned Data Centers has announced plans to build a new mega-scale data center campus in Ohio, signaling a major investment in the future of AI infrastructure and regional economic development. The company has secured a 197-acre site within the Conesville Industrial Park, adjacent to the retired AEP Conesville Power Plant, for what is set to become its third data center campus in the state.
The project represents a multi-billion dollar phased investment and is positioned to play a significant role in the revitalization of Coshocton County. By repurposing a former brownfield site, Aligned aims to turn the area into a high-tech economic hub.
The development [...]
📅 - European Cloud Revenues Quadruple Since 2017, Market Hits €61B - From 2017 to 2024, European service providers more than quadrupled their local cloud revenues, according to new data from Synergy Research Group. The European cloud market, on the other hand, expanded sixfold over that time, reaching €61 billion (US$70 billion) in 2024.
The market share of European cloud providers fell from 29% in 2017 to 15% in 2022, although it has remained mostly stable at 15% ever since. Amazon, Microsoft, and Google have benefited most from the market expansion. Currently, 70% of the regional market is accounted for by these three top worldwide cloud providers.
With 2% of the European market, SAP and Deutsche Telekom are the two largest cloud providers in Europe. [...]
