IBM transformation report establishes the dominance of hybrid cloud

IBM

IBM has found that only 3 percent of businesses still use a single private or public cloud in 2021, a drastic decrease from 29 percent in 2019.

Such a shift marks the emergence of hybrid cloud models as the dominant IT architecture in cloud transformation.

The global study was undertaken by the IBM Institute for Business Value (IBV) in partnership with Oxford Economics, surveying close to 7,200 C-suite executives from 28 industries and 47 countries.

The...

5 November 2021 | Cloud Computing

GE Appliances signs multi-year smart home deal with Google Cloud

GE Appliances

GE Appliances has signed a multi-year partnership deal with Google Cloud to build the next generation of smart home technologies.

The partners will combine their expertise – GE Appliances in hardware and Google Cloud in data, artificial intelligence, analytics, and machine learning – to deliver new smart home technologies and improved experiences.

Viren Shah, CDO of GE Appliances, said:

"As the fastest-growing appliance manufacturing company in the United...

20 August 2021 | Collaboration

Cloud computing market to reach £1.17 trillion by 2030

Clouds from space

The global cloud services market is expected to garner £1.17 trillion by 2030, a 398% increase over its 2019 value of £235 billion.

This is accoring to a report by Allied Market Research (AMR), which predicts a combined annual growth rate (CAGR) of 15.8% from 2021 to 2030.

One key takeaway from the report is that cost effectiveness is the most important factor driving the global cloud market. AMR claims that deployment of cloud services can cut more than 35% of...

11 August 2021 | Data & Analytics