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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Global Cloud Services Trends
Brightfin debuts its Gen Z-focused financial wellness app
OUR TAKE “Spending by Gen Z consumers is expected to increase sixfold by 2030,” PYMNTS Intelligence study states. As incomes rise, financial institutions are developing new products for Gen Z, and 95% of credit unions are committed to increasing Gen Z membership. The launch of…
Global Cloud Services Trends
Ukraine Advances AI Drones Amidst War
Ukrainian startups are advancing AI drone technology in the face of Russian conflict, aiming for a strategic edge on the battlefield. Efforts are underway to develop AI drones that can operate independently of human control, reducing vulnerability to Russian electronic jamming.
Global Cloud Services Trends
HSBC names Georges Elhedery CEO to keep strategic continuity
OUR TAKEHSBC’s decision to promote Georges Elhedery as CEO is a bold move, but also a safe bet. Continuity in leadership can be a double-edged sword. On one hand, it shows stability and trust in the current strategy. But on the other, it could stifle innovation if Elhedery just…
Global Cloud Services Trends
IX Telecom: Telecom industry fortifies cybersecurity against rising threats
Increasing importance of cybersecurity Since digital connectivity is integral to our daily lives, the importance of cybersecurity cannot be overstated. This is particularly true for the telecommunications industry, which forms a critical part of the infrastructure supporting…
Global Cloud Services Trends
BlackBerry debuts ‘CylanceMDR Pro’, advancing AI-driven security
BlackBerry, a cybersecurity leader, has introduced CylanceMDR Pro, an advanced managed detection and response service.
Global Cloud Services Trends
Top tech news stories today: July 18, 2024
Fintech 1. Russia weighs risk of embracing crypto for international payments Russia should accelerate the creation of infrastructure for payments in cryptocurrencies but carefully weigh the associated risks, its money laundering watchdog said on Wednesday, ahead of a…
Global Cloud Services Trends
OpenAI goes ‘Strawberry’, a new reasoning technology
OpenAI is projecting a groundbreaking plan called “Strawberry”, aiming to demonstrate advanced reasoning capabilities in its AI models,
Global Cloud Services Trends
ByteDance vs. EU: The gatekeeper battle lost in Court
The CJEU ruled on 17 July to reject ByteDance’s appeal against the EU’s decision to recognise it as a “gatekeeper”. The court said ByteDance met the DMA’s quantitative criteria of global market capitalisation, the number of users in the EU and the number of years since the…
Global Cloud Services Trends
Tech giants accused of using unauthorised YouTube transcripts to train AI models
OUR TAKEThe development of AI technology is certainly promising, but its creation and advancement are built on databases. The lack of transparency in these databases is bound to cause controversy. The affected parties and the infringing companies often hold conflicting views…
Global Cloud Services Trends
Amazon Prime Day sales up 12% in first 7 hours
OUR TAKEAmazon Prime Day 2024 started strong with a 12% increase in sales in the first seven hours compared to last year. The event, designed to attract new subscribers and ensure customer loyalty, presents a wide range of items from protein shakes to tech gadgets such as the…
Global Cloud Services Trends
Elon Musk relocates X and SpaceX headquarters to Texas
Elon Musk said he is moving the headquarters of X and SpaceX, from California to Texas, citing a newly gender identity law in California.
Global Cloud Services Trends
Alphabet plans to acquire cybersecurity startup Wiz for $23B
Alphabet is in advanced talks to acquire cybersecurity startup Wiz for $23B, a move that would mark its largest acquisition to date.
Global Cloud Services Trends
Docyt AI unveils world’s first AI bookkeeper ‘GARY’
Docyt AI, a pioneer in AI-powered accounting automation, has introduced GARY, the world’s first AI bookkeeper, currently in beta testing.
Global Cloud Services Trends
ASML Q2 profits and bookings surge on AI demand
ASML, the Dutch titan in semiconductor equipment, reported a robust second quarter of 2024 with a net profit of $1.74 billion on revenues of $6.76 billion, exceeding analyst predictions and showcasing a recovery despite annual declines.
Global Cloud Services Trends
Google-based GitLab ‘s $8B future: Datadog eyes giant acquisition
OUR TAKEIt looks like GitLab, that cool cloud-based dev tool provider, is getting some serious offers on the table. With Datadog, the cloud monitoring biggie, showing interest, it’s like a tech M&A drama in the making. But remember Slack’s $27.7 billion acquisition to Salesforce?…
Global Cloud Services Trends
Taboola scores major deal with Apple, shares surge by 11%
OUR TAKETaboola landing that Apple partnership is huge news. It’s like the underdog of digital ads just got a major boost from the tech giant. I mean, Apple is notoriously tight-lipped about their ad revenue, but with eMarketer projecting them to hit $10 billion by 2024, you can…
Global Cloud Services Trends
America Movil loses $60M, gains millions in subscribers
OUR TAKEAmerica Movil taking a $60 million hit? That’s gotta sting, especially after last year’s windfall. But hey, they didn’t let the peso’s tumble bring them down completely. They still managed to boost their subscriber base and broadband access, which is no small feat. And…
Global Cloud Services Trends
5 formidable challenges of big data analytics
Big data analytics faces formidable challenges, including scale, quality, skills, ethics, legality, and tech-business alignment.
Global Cloud Services Trends
New Ray-Ban Meta glasses smash sales records, Milleri says
New Ray-Ban Meta smart glasses, created by Meta Platforms and EssilorLuxottica, have seen a surge in sales, exceeding their predecessors. The success of Ray-Ban Meta glasses can’t be separated from its pricing, features, and form factor.
Global Cloud Services Trends
FBI hacks into Trump shooter’s phone with tiny device
OUR TAKEThe FBI’s ability to hack into the phone of a high-profile suspect using advanced tools underscores the ongoing conflict between privacy and security. While the need to access crucial evidence is undeniable, it raises important questions about our privacy rights in the…