Global spending on cloud services to surpass $1 trillion in 2024
The COVID-19 pandemic has largely proven to be an accelerator of cloud adoption and extension and will continue to drive a faster conversion to cloud-centric IT. Global …
IDC MarketScape assesses 11 companies that offer tools and frameworks for advanced ML platfoms
International Data Corporation (IDC) published a new assessment of eleven companies offering the tools and frameworks for developing advanced machine learning (ML) models and …
Public cloud IT infrastructure spending exceeds that for non-cloud IT infrastructure
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased …
IDC publishes a framework to guide organizations through their digital infrastructure transition
Success in the digital economy requires organizations to move beyond a traditional, cost-sensitive view of infrastructure and adopt a broader recognition that a responsive, …
Vendor revenue in the worldwide server market grew 19.8% year over year
According to the IDC Worldwide Quarterly Server Tracker, vendor revenue in the worldwide server market grew 19.8% year over year to $24.0 billion during the second quarter of …
Global security appliance market revenue grew to $4.2B in Q2 2020
The total security appliance market delivered solid unit shipment and revenue growth in the second quarter of 2020 (2Q20), according to IDC. Worldwide revenue increased 7.5% …
Worldwide AI spending to reach more than $110 billion in 2024
Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. According to IDC, spending on AI …
Global public cloud services market grew 26% YOY in 2019 with revenues totaling $233.4 billion
The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26% year over …
Cloud IT infrastructure spending grows, non-cloud investments plunge
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased …
Global IoT spending dropping significantly in 2020, but expected to rebound in 2021
Worldwide IoT spending has been significantly impacted by the economic effects of the pandemic in 2020, although a back to double-digit growth rebound is expected both in the …
There is a direct correlation between AI adoption and superior business outcomes
Adoption of artificial intelligence (AI) is growing worldwide, according to an IDC survey of more than 2,000 IT and line of business (LoB) decision makers. Over a quarter of …
Global server market revenue declined 6.0% year over year in 1Q20
Vendor revenue in the worldwide server market declined 6.0% year over year to $18.6 billion during the first quarter of 2020 (1Q20). Worldwide server shipments declined 0.2% …
