Latest Cloud Computing News | CIO Dive
WEB6 days ago · Alibaba expects AI to drive more than half of its cloud segment growth. “Demand for CPU-based traditional cloud computing is relatively limited,” CEO Eddie Wu said. “Most of the growth is now focused on GPU-based AI product development.”. By Matt Ashare • Aug. 16, 2024.
Latest Cloud Computing News | CIO Dive
WEBJul 31, 2024 · As IT costs mount, CIOs want hybrid cloud with better connectivity. Colocation data centers bridge the gap between cloud and on-prem but bring interoperability challenges, according to a CoreSite report. By Matt Ashare • …
Capital One's public cloud strategy at odds with industry
WEBJan 31, 2019 · The cloud provides “greater agility ” and speed and allows for common formats around data, said Linda Apsley, VP of data engineering at Capital One, in an interview with CIO Dive. Apsley’s mandate is to make data cloud-ready and become a machine learning company. By that directive her team is responsible for “four D’s”: Data ...
FTC extends cloud competition scrutiny to generative AI
WEBNov 20, 2023 · How CIOs are driving generative AI adoption. The FTC launched an inquiry into cloud competition in March, when it issued a request for information on hyperscaler business practices. The emergence of generative AI tools has intensified the agency’s concerns. “Cloud computing is a key input for artificial intelligence technologies,” Khan said.
Alibaba expects AI to drive more than half of its cloud ... - CIO Dive
WEBAug 16, 2024 · Alibaba expects AI products to drive more than half of its cloud segment growth this year, CEO Eddie Wu said Thursday, during a Q2 2024 earnings call. “Any enterprise that is digitalized and relies on digitalization must be investing — it has to be investing in AI,” he said. The company saw cloud revenue growth accelerate to 6% year …
Enterprise cloud spend jumped in Q4, nudged upward by AI
WEBFeb 5, 2024 · Cloud spending increased by $5.6 billion from Q3 to Q4 last year, the largest quarter-over-quarter increase ever recorded by Synergy Research Group. Enterprise cloud infrastructure services spend reached nearly $74 billion in the last three months of 2023, a $12 billion increase from the prior year. Revenue growth for the full year was 19% ...
Microsoft brokers deal with European cloud lobby, dodges EU …
WEBJul 10, 2024 · Lobbying group Cloud Infrastructure Service Providers in Europe will withdraw its antitrust complaint against Microsoft as part of an agreement announced Wednesday, CISPE said in a statement. The deal between the two organizations gives the provider nine months to stand up an enhanced Azure Stack HCI solution that enables …
Companies ‘prone to self-delusion’ when using cloud, McKinsey says
WEBMar 12, 2021 · Dive Brief: Nearly two-thirds of industrial companies use cloud computing yet 74% of cloud transformations fail to yield expected savings or business value, McKinsey found in a survey of more than 800 CFOs, CEOs, CIOs and other executives at manufacturers in Europe and North America. Almost half of respondents found cloud …
3 steps toward a sustainable cloud strategy | CIO Dive
WEBSep 16, 2022 · 2. Evaluate energy efficiency, renewable use and resource effectiveness. When assessing cloud service provider sustainability, evaluate metrics across various criteria. First, consider power usage effectiveness (PUE) of a cloud data center. PUE is a standard metric that shows the overhead of air conditioning and power distribution ...
Johnson & Johnson completes cloud migration with a boost
WEBNov 5, 2018 · J&J just completed a five-year program to move all computing to hybrid cloud. Fitting in with the decentralized model, close to 90% of computing workloads are in hybrid cloud, according to McGuigan. Keep up with the story. Subscribe to the CIO Dive free daily newsletter. J&J was ahead of the curve in terms of cloud adoption.