AI market could outstrip IaaS and PaaS combined within a few years

By 2025, businesses worldwide will be spending more money on artificial intelligence (AI) than on Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) combined. This is according to a new semi-annual AI report from analyst firm IDC, which claims that the AI market will exceed $500 billion in 2025.  At the same time, IDC expects businesses to spend approximately $400 billion on IaaS …

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The cloud Infrastructure-as-a-Service (IaaS) market continues to boom

The cloud Infrastructure-as-a-Service (IaaS) market has enjoyed another quarter of strong growth, as businesses continue to migrate their workflows and build more cloud-native applications. This is according to a new report from analyst firm Canalys, which states that spending rose 36 percent for the quarter, hitting $47 billion. The same report asserts that expenditure was $5 billion higher than in …

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IaaS market recorded meteoric growth in 2020

The global infrastructure-as-a-service (IaaS) market generated $64.3 billion in revenue last year, representing growth of 40.7 percent over 2019. According to analyst house Gartner, AWS remained the number one player in the IaaS market, taking in $26.2 billion in revenue and holding 41 percent market share. With 28.7 percent growth, the company’s rate of growth was “slightly lower” than that …

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IaaS visibility and access management could be key to stopping cyberattacks

Almost half of the world’s organizations have suffered a cyberattack due to poor infrastructure-as-a-service (IaaS) visibility and access management. This is according to a new report from SailPoint, which claims that businesses are failing to prioritize proper identity governance controls for IaaS platforms as they would for other parts of the business. Making matters worse, three quarters of businesses use …

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