Global cloud market continues to boom
The global cloud market continues to boom as spending rises beyond on-prem infrastructure, new figures from analyst firm IDC suggest. According to the report, businesses spent $15.1 billion on cloud infrastructure in the first quarter of 2021, up 12.5 percent compared to the same period last year. On-prem infrastructure also recorded growth in the same timeframe, but only of 6.3 …
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UK wants to lead to global fight against cybercriminal activity
The UK wants to be the global leader in the fight against cyberattackers and is working on a new policy to that end. This is one of the key messages coming out of the G7 meeting currently taking place in the UK. As reported by The Telegraph, UK Foreign Secretary Dominic Raab said the country will be teaming up with …
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Global security spending set for another huge rise
After a solid 2020, in which spending on security and risk management technology grew by 6.4 percent, 2021 looks set to continue on the same track. The latest report from market analysts Gartner states that worldwide spending in the field is expected to grow by 12.4 percent this year and hit $150.4 billion. This spending is fueled by two key …
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AWS keeps top spot in the global cloud market
As the light at the end of the Covid tunnel begins to emerge, businesses are continuing to spend big on cloud. This is according to a new report from analyst firm Canalys, which suggests Amazon Web Services (AWS) kept its leading position in the market. However, the two main runners-up, Microsoft Azure and Google Cloud, are growing at pace. Canalys …
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The spread of time and global regulations in Asia PAC
Today, everything is getting faster: our mobile phones, sports cars, Olympic athletes. Most noticeably, our computers. But speed doesn’t come without problems. As we process more data at higher speeds across more servers, it becomes difficult to ensure data is reliable. Reliability is particularly important for the financial services industry where there are significant consequences for those that can’t prove …
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Global venture funding hit a new record high in Q1 2021
A full year of the Covid-19 pandemic has resulted in tectonic movements in the business world, with tech companies in particular recording extreme growth. According to a new report from Crunchbase, there are now a greater number of unicorns (companies valued at $1bn or higher) than ever before. The report states that global venture investments hit $125 billion in the …
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Global IT spending set for huge surge this year
In anticipation of greater economic stability this year, global IT spending is expected to rise by 8.4 percent. This is according to a new report from analyst house Gartner, which claims worldwide IT spending will hit $4.1 trillion in 2021. The source of funds for new digital business initiatives, Gartner believes, will generally come from business departments other than IT, …
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Level up: The importance of security certification for startups when dealing with global enterprises
In today’s fast-paced world, the security threats facing large global enterprises are increasingly complex and ever-changing. As such, global enterprises with thousands of employees need to be stringent with their policies to protect their business and customers. In 2019, the UK’s Department for Digital, Culture, Media and Sport released statistics showing that almost half of UK businesses suffered a cybersecurity …
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Global PC market recorded 25 percent growth in Q4 2020
In the fourth quarter of 2020, the global PC market grew by 25 percent, compared to the same period last year. According to new data from market analysts Canalys, a record 90.3 million units were purchased worldwide, excluding tablets. The report states that Q4 stood on the shoulders of a stellar Q3, recording an additional 13 percent growth over the …
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Five tips for IT to strengthen global data privacy compliance
The Covid-19 pandemic’s impact on remote work has placed an unprecedented burden on already resource constrained IT teams. Rapid onboarding of vendors and new technology roll-outs have opened a Pandora’s box of providers and novel risk exposures to evaluate. At the same time, the burden of maintaining compliance with data privacy laws like Europe’s General Data Protection Regulation (GDPR) and …
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