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Global Cloud Services Trends

Global Cloud Services Trends

Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure worldwide, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.

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5,403 articles

CHIPS network sets Black Friday record with $2.63T in transactions

Global Cloud Services Trends

CHIPS network sets Black Friday record with $2.63T in transactions

What happened: Payments record The CHIPS network, the world’s largest private-sector clearing and settlement system, set a new record on Black Friday, processing 1,083,550 payments valued at $2.63 trillion. Several factors drove the surge, including transactions from foreign…

Dec 3, 2024
Pat Gelsinger

Global Cloud Services Trends

Pat Gelsinger steps down as Intel CEO amid financial struggles

What happened Pat Gelsinger, who became Intel’s CEO in 2021, announced his retirement and immediate departure from the board of directors amid challenging economic conditions for the company. Gelsinger had launched the “IDM 2.0” initiative, aimed at reviving domestic…

Dec 3, 2024
XRP surpasses $100B market cap, soars 30% in a week

Global Cloud Services Trends

XRP surpasses $100B market cap, soars 30% in a week

What happened XRP’s market cap soared above $100 billion for the first time since 2018, driven by optimism around Ripple’s expanding market presence and potential regulatory milestones. The token posted impressive gains, with a 7-day increase of 30% and a 30-day surge nearing…

Dec 2, 2024
Akhetonics secures funding to pioneer all-optical chip revolution

Global Cloud Services Trends

Akhetonics secures funding to pioneer all-optical chip revolution

What happened Akhetonics, a advanced startup specializing in photonic computing, has secured a significant round of fresh funding to advance its work on all-optical chips. These chips represent a bold departure from traditional electronic processors, using light instead of…

Dec 2, 2024
Expired DNSSEC signatures disrupt 26 African TLDs

Global Cloud Services Trends

Expired DNSSEC signatures disrupt 26 African TLDs

What happened At the end of October 2024, a significant technical issue disrupted 26 African Top-Level Domains (TLDs). One of their authoritative name servers, managed by Afrinic, served outdated data, with DNSSEC (Domain Name System Security Extensions) signatures flagged as…

Dec 2, 2024
Bitcoin-7.24

Global Cloud Services Trends

Bitcoin nears $100K as long-term holders pose volatility risk

What happened Bitcoin is nearing a significant milestone, with its price climbing close to $100,000, reaching $96,572 recently. This rally has been driven by strong institutional interest, increased adoption, and overall bullish market sentiment. The cryptocurrency is positioned…

Dec 2, 2024
GoCardless simplifies payments for grassroots football

Global Cloud Services Trends

GoCardless simplifies payments for grassroots football

What happened GoCardless has announced a strategic partnership with Total Grassroots and Kelme, a kit manufacturer, aimed at simplifying payment collection for grassroots football clubs.This alliance is designed to alleviate the administrative burden of collecting cash, a common…

Dec 1, 2024
Crypto miners pour $3.6B into new tech advancements

Global Cloud Services Trends

Crypto miners pour $3.6B into new tech advancements

___________ What happened Publicly traded crypto mining companies have spent $3.6 billion on plant, property, and equipment (PP&E) so far in 2024, with most funds allocated to hardware upgrades. The report by TheMinerMag highlights that the third quarter marked the highest PP&E…

Nov 29, 2024
Denmark faces major telecom service outage

Global Cloud Services Trends

Denmark faces major telecom service outage

What happened Danish telecoms operator TDC Net has suffered a major telecoms outage. The telco, which is Denmark’s largest network provider, has blamed the outage on a software update it implemented on November 27. The outage has meant thousands of customers have been unable to…

Nov 29, 2024
Akhetonics raises $6.33M for innovative all-optical chips

Global Cloud Services Trends

Akhetonics raises $6.33M for innovative all-optical chips

What happened In a bold move to revolutionise the semiconductor industry, German startup Akhetonics raises $6.33 million (€6 million) in seed funding to develop all-optical chips. These chips, relying entirely on photons for data processing, are designed to offer unmatched speed…

Nov 29, 2024
IFX Payments hires Barclays VP as new COO

Global Cloud Services Trends

IFX Payments hires Barclays VP as new COO

What happened IFX Payments, a leading fintech firm specializing in global payments, has announced the appointment of Adam Dowling as its new Chief Operating Officer (COO). Dowling previously served as Vice President at Barclays, where he led operational and strategic projects in…

Nov 29, 2024
COP29 pledges to accelerate climate action in the tech industry

Global Cloud Services Trends

COP29 pledges to accelerate climate action in the tech industry

What happened At COP29, a global coalition of governments, companies, and digital organizations made a unified commitment to accelerate climate action within the tech industry. The COP29 Declaration on Green Digital Action highlights the dual role of technology. On one hand, it…

Nov 29, 2024
Tech Mahindra and AWS join forces to bring AI to telecom networks

Global Cloud Services Trends

Tech Mahindra and AWS join forces to bring AI to telecom networks

What happened Tech Mahindra has taken a step into the future of telecom with a new partnership with Amazon Web Services (AWS). Together, they’ve unveiled the Autonomous Network Operational Platform (ANOP), a solution designed to transform the way telecom operators manage their…

Nov 29, 2024
The advantages of SaaS: Streamlining business in the cloud

Global Cloud Services Trends

The advantages of SaaS: Streamlining business in the cloud

In the modern business landscape, Software as a Service (SaaS) has emerged as a dominant force, transforming the way companies operate. SaaS offers a flexible, scalable, and cost-effective solution for businesses of all sizes, from startups to enterprises. This blog delves into…

Nov 28, 2024
$4M funding powers OpenTrade’s stablecoin growth mission

Global Cloud Services Trends

$4M funding powers OpenTrade’s stablecoin growth mission

________________ What happened OpenTrade, a London-based platform for stablecoin yield products, has raised $4 million in a seed extension round led by AlbionVC with participation from a16z Crypto and CMCC Global. The funding will help scale OpenTrade’s operations, enhance its…

Nov 28, 2024
Exploring global spectrum management at WRS-24

Global Cloud Services Trends

Exploring global spectrum management at WRS-24

What happened The 2024 ITU World Radiocommunication Seminar (WRS-24) gathered global stakeholders in Geneva from December 2-6, focusing on radio-frequency spectrum and satellite orbit management. The event featured plenary sessions on regulatory procedures and workshops aimed at…

Nov 28, 2024
Aevi partners with LEGI.ONE to boost SMEs’ cashless payments

Global Cloud Services Trends

Aevi partners with LEGI.ONE to boost SMEs’ cashless payments

What happened Aevi, a leading player in in-person payment orchestration, has partnered with LEGI.ONE LTD, a provider of solutions for small and medium enterprises (SMEs), to offer advanced payment services to smaller businesses. This collaboration aims to make the sophisticated…

Nov 28, 2024
2024: The year smartphones break free from decline

Global Cloud Services Trends

2024: The year smartphones break free from decline

What happened According to IDC‘s worldwide quarterly mobile phone Tracker report released on November 26, 2024, total shipments will reach 1.24 billion units this year after two years of “significant declines”. Pent-up demand for device upgrades is a key driver of the forecasted…

Nov 28, 2024
Virkkunen and Ribera to lead EU telecoms regulation in 2024

Global Cloud Services Trends

Virkkunen and Ribera to lead EU telecoms regulation in 2024

Big changes are coming to Europe’s telecoms landscape. Henna Virkkunen and Teresa Ribera Rodríguez have been confirmed as the new policymakers overseeing the sector, taking on portfolios that will shape key regulations, including the much-anticipated Digital Networks Act. What…

Nov 28, 2024
Nuvei chosen by Delaware North for online gaming and betting payment solutions

Global Cloud Services Trends

Nuvei chosen by Delaware North for online gaming and betting payment solutions

What happened Delaware North, a prominent hospitality and entertainment company, has partnered with Nuvei, a leading fintech provider, to enhance the payment capabilities of its online gaming and sports betting brand, Betly. This collaboration will streamline the payment process…

Nov 27, 2024