Infrastructure as a service

Asia Pacific Cloud Spend Rebounds in Q4, ISG Index™ Finds

Retrieved on: 
Wednesday, January 24, 2024
Networks, Data Management, Apps, Applications, Technology, Software, ACV, Forecasting, Research, ISG, Software as a service, Environment, Infrastructure as a service, As a service, BPO, ANZ, Growth

The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, shows total as-a-service (XaaS) spending rose 10 percent year on year and 2 percent sequentially, to US $3.6 billion.

Key Points: 
  • The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, shows total as-a-service (XaaS) spending rose 10 percent year on year and 2 percent sequentially, to US $3.6 billion.
  • Fourth-quarter ACV for managed services dropped 34 percent year on year, to US $885 million, against a difficult comparison with a strong prior-year quarter.
  • “The rebound in cloud spending is a welcome sign for the Asia Pacific market,” said Michael Gale, partner and regional leader, ISG Asia Pacific.
  • ISG is forecasting 4.25 percent growth for managed services and 15 percent revenue growth for XaaS in 2024.

Americas Demand for IT, Business Services Slows in Q4, Amid Economic Concerns, ISG Index™ Finds

Retrieved on: 
Tuesday, January 23, 2024
Technology, Consulting, Security, Other Technology, Professional Services, Software, Networks, Internet, Data Management, ACV, Financial services, Forecasting, Research, ISG, Software as a service, Intelligence, Environment, Investment, Pressure, As a service, BPO, Infrastructure as a service, Growth, Pharmaceutical industry

“Enterprises are still focused on optimizing their existing investments in the cloud and other tech spending.”

Key Points: 
  • “Enterprises are still focused on optimizing their existing investments in the cloud and other tech spending.”
    Lavieri said ISG expects the market for IT and business services to improve in 2024.
  • ISG is forecasting 4.25 percent growth for managed services and 15 percent revenue growth for XaaS in 2024.
  • “We expect spending for application modernization and business transformation projects led by GenAI to continue at high levels in 2024.
  • We also expect small discretionary deals to recover, as well as Financial Services industry spending to rebound,” Lavieri said.

Sequential Growth in Q4 Could Signal Start of Rebound for Europe’s IT, Business Services Sector: ISG Index™

Retrieved on: 
Monday, January 22, 2024
Technology, Consulting, Security, Professional Services, Software, Networks, Hardware, Data Management, Artificial Intelligence, ACV, DACH, Financial services, Forecasting, Research, ISG, Software as a service, Growth, Environment, As a service, BPO, Infrastructure as a service, Food delivery

“Although down year on year against some tough comps, most segments showed positive sequential growth in the fourth quarter.

Key Points: 
  • “Although down year on year against some tough comps, most segments showed positive sequential growth in the fourth quarter.
  • ISG is forecasting 4.25 percent growth for managed services and 15 percent revenue growth for XaaS in 2024.
  • “We expect spending for application modernization and business transformation projects led by GenAI to continue at high levels in 2024.
  • We also expect small discretionary deals to recover, as well as Financial Services industry spending to rebound,” Hall said.

Avgidea Released Greenative, a tool for building and operating LLMs

Retrieved on: 
Friday, January 19, 2024
Data Management, Other Technology, Apps, Applications, Technology, Software, OpenChat, Risk, Environment, GPU, Llama, Graphics processing unit, Natural language processing, LLM, Infrastructure as a service, Video game

Avgidea , a developer and consultant for optimized cloud-native services, releases a new tool Greenative (PAT.P in Japan) for building and operating LLMs in your own infrastructure environment and providing interactive chat services to users.

Key Points: 
  • Avgidea , a developer and consultant for optimized cloud-native services, releases a new tool Greenative (PAT.P in Japan) for building and operating LLMs in your own infrastructure environment and providing interactive chat services to users.
  • After installing a base LLM such as Llama 2 from the console, you can build your own LLMs by importing and fine-tuning arbitrary data.
  • The user can then associate the model with a chat thread and start using it immediately.
  • Infrastructure environment: Greenative can utilize various infrastructure environments such as on-premise, virtual environment, and public cloud.

Global Spending on IT, Business Services Down in Q4 Amid Signs of a Rebound: ISG Index™

Retrieved on: 
Thursday, January 18, 2024
Technology, Mobile, Wireless, Business, Consulting, Professional Services, Artificial Intelligence, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Data Management, Security, ACV, Forecasting, Research, ISG, Software as a service, Intelligence, Environment, As a service, Hall, BPO, Infrastructure as a service, Growth, Video game

Global spending on IT and business services was down slightly in the fourth quarter amid early signs of a possible market rebound, according to the latest state-of-the industry report from Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm.

Key Points: 
  • Global spending on IT and business services was down slightly in the fourth quarter amid early signs of a possible market rebound, according to the latest state-of-the industry report from Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm.
  • “As AI technology matures and new use cases are identified, it will have a massive impact on the IT and business services and software industries.
  • “We expect spending for application modernization and business transformation projects led by GenAI to continue at high levels in 2024.
  • We also expect small discretionary deals to recover, as well as financial services industry spending to rebound,” Hall said.

DAT strengthens leadership team with two key executive appointments, furthering its commitment to innovation and information security

Retrieved on: 
Thursday, January 18, 2024
Software, Networks, Professional Services, Internet, Data Management, Technology, Artificial Intelligence, Security, Other Transport, Data Analytics, Trucking, Transport, Logistics, Supply Chain Management, Shift, High tech, Platform as a service, Research, PayPal, Multimedia, Culture, Marketplace, Software as a service, AI, Capital One, Walmart, Information security, DAT, Fraud, Lead, Salesforce, Doctor of Philosophy, Machine learning, Engineering, Intel, Infrastructure as a service, Information, Management

View the full release here: https://www.businesswire.com/news/home/20240118229744/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240118229744/en/
    Jeff Clementz, DAT Chief Product Officer (Photo: DAT Freight & Analytics)
    Jeff Clementz has 25 years of experience and joined DAT as Chief Product Officer and a member of the executive team.
  • Jeff most recently was president and chief executive officer at Shift, an e-commerce platform for the auto industry.
  • Erika held information security leadership positions at Salesforce and Oracle, where she was responsible for SaaS, PaaS and IaaS security and compliance.
  • “I’m excited to have Erika join DAT and lead our information security initiatives to ensure that DAT delivers the most trusted marketplace for freight.”

Veeam Data Protection Trends Report 2024 Finds Cyber-Attacks the #1 Cause of Business Outages

Retrieved on: 
Wednesday, January 17, 2024
Technology, Mobile, Wireless, Business, Professional Services, Other Technology, Telecommunications, Software, Networks, Data Analytics, Internet, Fintech, Hardware, Data Management, Security, Cyberattack, Database, Veeam, Microsoft, Digital transformation, Software as a service, Workload, SLA, Growth, Organization, Information privacy, Infrastructure as a service

Veeam Software , the #1 leader by market share in Data Protection and Ransomware Recovery, today released insights from the company’s fifth annual Veeam Data Protection Trends Report .

Key Points: 
  • Veeam Software , the #1 leader by market share in Data Protection and Ransomware Recovery, today released insights from the company’s fifth annual Veeam Data Protection Trends Report .
  • Highlights of the Veeam Data Protection Trends Report 2024:
    Cyber-Attacks are the #1 Cause of Outages: For the fourth straight year, cyber-attacks were listed as the most common and most impactful causes of business outages across organizations.
  • Data Protection Budget Increases are Accelerating: Data protection budgets are expected to grow by 6.6% in 2024.
  • Download the complete Veeam Data Protection Trends Report 2024 at https://vee.am/DPR24 .

Adaptive Shield Delivered 201% ROI for SaaS Security for $10B Enterprise, According to Total Economic Impact Study

Retrieved on: 
Wednesday, January 17, 2024
Software, Technology, Other Technology, Security, CSO, Trust, Software as a service, TEI, Element, Risk, Organization, CSPM, Information services, POC, Infrastructure as a service, ROI

Adaptive Shield , leader in SaaS Security, today reported that one of its customers achieved a 201% return on investment (ROI) over three years from adopting a SaaS Security Posture Management (SSPM) solution, according to results of a Forrester Consulting Total Economic Impact™ (TEI) study.

Key Points: 
  • Adaptive Shield , leader in SaaS Security, today reported that one of its customers achieved a 201% return on investment (ROI) over three years from adopting a SaaS Security Posture Management (SSPM) solution, according to results of a Forrester Consulting Total Economic Impact™ (TEI) study.
  • The model Forrester designed to determine this ROI includes elements of SaaS Security score, operational efficiency against costs of a data breach like lost employee productivity, lawsuits and settlements, and regulatory fines.
  • After they brought on Adaptive Shield, the CSO shares, “When we look at the security score trends, we observed significant increase over time.
  • Results from utilizing Adaptive Shield included more efficient SaaS Security management with improved visibility for stakeholders, enhanced security compliance control, and increased collaboration between business and security teams.

HorizonIQ Emerges from the former INAP: A Fresh Name and a Bright Future

Retrieved on: 
Wednesday, January 24, 2024
Ali, Heart, Partnership, History, Environment, INAP, Internap, News, Infrastructure as a service, Growth

ATLANTA, Jan. 24, 2024 /PRNewswire-PRWeb/ -- HorizonIQ symbolizes a new era of growth, innovation, and excellence. We are excited to bring our Infrastructure as a Service (IaaS) offerings under this vibrant new brand, encapsulating our commitment to empowering businesses with cutting-edge solutions.

Key Points: 
  • ATLANTA, Jan. 24, 2024 /PRNewswire-PRWeb/ -- HorizonIQ symbolizes a new era of growth, innovation, and excellence.
  • With a rich legacy of serving over 1,400 customers, HorizonIQ is more than a service provider; we are your strategic partner in success.
  • Our journey into the future is fortified by the support of robust and committed investors who share our vision for HorizonIQ.
  • Our commitment to delivering exceptional Infrastructure as a Service remains unwavering, and we look forward to the bright future that HorizonIQ holds.

dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

Retrieved on: 
Tuesday, January 23, 2024
Thought, Traction, Infrastructure as a service, Software as a service, Market data, Software, Infrastructure, Cryptocurrency

In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu.

Key Points: 
  • In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu.
  • This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access.
  • "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand.
  • By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading.