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WHTop → 📋 News → European Cloud Revenues Quadruple Since 2017, Market Hits €61B
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. [...][... Check source for end of article ...]
📅 - 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 [...]
📅 - 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 [...]
📅 - 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 [...]
📅 - Creative Canvas Named Top Iowa Web Design Agency in 2025 Small Business Awards - The award was based on work completed for small businesses throughout Iowa, many of which were built using the WordPress platform. Websites developed by Creative Canvas were noted for their usability, design clarity, and reliable functionality. Businesses that partnered with the studio reported greater ease managing content and improved engagement with customers.
Creative Canvas has worked with clients from a wide range of industries, from local trades and service providers to nonprofits and retail businesses. Each project has been approached with careful attention to structure, user experience, and technical stability. WordPress training has also been provided to clients, allowing [...]
📅 - Scala Secures $328M to Construct New Hyperscale Data Centers in Chile - Scala Data Centers has closed a $328 million international financing agreement to support the construction of three new hyperscale data centers and a major power substation in Chile, marking a milestone both for the company and the Latin American data center industry. The funding includes $254 million in long-term project finance and a VAT facility, making it the largest single-country data center financing deal in Latin America to date.
The financing was led by a consortium of global banking institutions - MUFG, SMBC, BNP Paribas, and Natixis - with MUFG also serving as Scala's financial advisor. The agreement represents Scala's first structured international financing outside Brazil and [...]
📅 - Intel to Spin Off Network and Edge Group as Independent Silicon Firm - Intel has announced plans to spin off its Network and Edge Group (NEX) into a separate, independent company, as the semiconductor giant intensifies its strategic shift toward core operations and artificial intelligence.
The news, shared with customers on Thursday via a letter authored by Sachin Katti - head of the NEX unit and Intel's recently appointed Chief Technology and AI Officer - marks another step in Intel's broader plan to streamline operations and seek growth opportunities through focused, standalone businesses.
The new entity will be dedicated to delivering silicon solutions for enterprise networking, Ethernet connectivity, and critical communications infrastructure. According [...]
