Recent findings from IDC report the Ethernet switch market revenue grew by 20.1% to $44.2 billion in 2023. The datacenter segment of the market rose by 13.6%, and ODM direct sales increased by 16.2%. However, the enterprise and service provider router market saw a decline of 0.4% in revenue.
Read MoreWorldwide end-user spending on public cloud services is forecast to grow 20.4% to total $678.8 billion in 2024, up from $563.6 billion in 2023. Cloud has become essentially indispensable. However, that doesn’t mean cloud innovation can stop or even slow. The tables are turning for cloud providers as cloud models no longer drive business outcomes, but rather, business outcomes shape cloud models. For example, organizations deploying GenAI services will look to the public cloud, given the scale of the infrastructure required.
Read MoreThe Internet-of-Things is leaving an indelible mark on the economy because it opens entirely new ways for products and services—at both consumer and industrial levels—to interact with individuals, the cloud environment, and potentially thousands of applications.
Read MoreAs organizations continue to embrace and integrate a growing array of cloud-computing elements into their enterprise infrastructures, the ensuing sprawl is creating integration, security, and data management challenges that are threatening to hamper progress toward strategic transformation objectives, according to Chris Rosen, a program director with IBM during a recent podcast interview with BizTechReports.
Read MoreDigital transformation (DX) is one of the trends shaping the enterprise world and driving the investments organizations are making to modernize their IT infrastructures and processes. Migration to service-based IT is one of the significant elements of DX initiatives as it enables organizations to utilize IT more efficiently for achieving business goals, pursuing new opportunities, and enhancing customer experience.
Read MoreFrost & Sullivan’s recent analysis of the global digital pathology market finds that it’s estimated to hit $825.9 million by 2025. Increasing pathology test volumes due to disease prevalence, digital pathology’s importance to the pharmaceutical industry, and regulatory approvals for using digital pathology in the primary diagnosis will boost the market.
Read MoreWorldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4% from 2019, according to the latest forecast by Gartner, Inc. Global IT spending is expected to cross into $4 trillion territory next year.
Read MoreAccording to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments -- including public and private cloud -- declined in the third quarter of 2019 (3Q19) as the overall IT infrastructure market continues to experience weakening sales following strong growth in 2018.
Read MoreThe global market for racks in 2018 generated annual growth 3.4 percent to reach $1.5 billion in size, while the rack power distribution unit (rPDU) segment expanded by 8.9 percent to total $1.0 billion.
Read MoreWhile the emergence of internet of things (IoT), artificial intelligence (AI) and next generation cloud computing technologies are creating new opportunities to capture deep insights into the driving and vehicle ownership experience, the automotive industry must take care to ensure consumers have a high level of comfort and trust in Voice of the Vehicle (VOV) initiatives, says Dave Sargent, Vice President of Global Automotive for J.D. Power, in an interview prepared for the upcoming J.D. Power Auto Revolution event in Las Vegas on October 23-24.
Read MoreThe worldwide public cloud services market grew 28.6 percent year over year in the first half of 2017 (1H17) with revenues totaling $63.2 billion, according to new results from the International Data Corporation. The revenue total for the first half of the year was slightly ahead of IDC's forecast.
Read MoreA fresh market intelligence study by Transparency Market Research (TMR) reveals the global cloud encryption market to be largely consolidated with the dominance of a few well-entrenched players that hold the key market share.
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