Infrastructure as a service

Global Machine Learning Research Report 2023 Featuring Key Innovators - Amazon Web Services, Baidu, Domino Data Lab, Microsoft, Google, Alpine Data, IBM, SAP, Intel, and SAS Institute - ResearchAndMarkets.com

Retrieved on: 
Monday, November 20, 2023

The Global Machine Learning Market is categorized based on several factors, including its components, enterprise size, deployment methods, end-users, regional distribution, and competitive landscape.

Key Points: 
  • The Global Machine Learning Market is categorized based on several factors, including its components, enterprise size, deployment methods, end-users, regional distribution, and competitive landscape.
  • The primary driver behind the growth of the global machine learning market is technological innovation.
  • The integration of artificial intelligence (AI) into machine learning processes allows computer systems to make more accurate predictions without explicit programming.
  • Machine learning focuses on analyzing and developing learning processes and techniques that utilize data to enhance performance on specific tasks.

Vultr and Rescale Advance High-Performance Computing to Accelerate Engineering Innovation Worldwide

Retrieved on: 
Wednesday, November 15, 2023

Today, Vultr , the world’s largest privately-held cloud computing platform, and Rescale , the leader in high-performance computing (HPC) built for the cloud, announced a partnership to accelerate engineering innovation across the globe.

Key Points: 
  • Today, Vultr , the world’s largest privately-held cloud computing platform, and Rescale , the leader in high-performance computing (HPC) built for the cloud, announced a partnership to accelerate engineering innovation across the globe.
  • Rescale customers can now leverage Vultr's composable cloud, which includes high-performance Cloud Compute , along with Cloud GPU , Bare Metal , and Cloud Storage, to scale their AI and cloud-native initiatives.
  • “Now more than ever before, data science and engineering teams need the best simulation tools and optimal computing infrastructure to drive innovation, no matter where they are located in the world,” said Joris Poort, CEO of Rescale.
  • “The combined capabilities of Vultr and Rescale give data scientists and engineers unfettered access to the latest and most powerful technologies and infrastructure needed to accelerate their AI initiatives.”

TNS Acquires West Highland Support Services to Deliver Full-Stack Market Data Solutions Globally

Retrieved on: 
Wednesday, November 15, 2023

Transaction Network Services (TNS) today announced the acquisition of West Highland Support Services, a financial market data solutions provider based in Danbury, Connecticut.

Key Points: 
  • Transaction Network Services (TNS) today announced the acquisition of West Highland Support Services, a financial market data solutions provider based in Danbury, Connecticut.
  • The acquisition will enable TNS to deliver market data services across the entire trading infrastructure stack, making TNS the only Infrastructure-as-a-Service (IaaS) provider to combine a vendor-neutral approach to market data application management.
  • The combination of TNS and West Highland services into one stack will offer connectivity, monitoring and consulting to professional traders, institutions and financial services vendors worldwide.
  • The acquisition will help TNS clients reduce cost and complexity across every element of market data related spend and support, including hosting, connectivity, middleware distribution, market data usage and incident management.

Vultr and DDN Partner to Advance Innovation in AI and High-Performance Computing

Retrieved on: 
Tuesday, November 14, 2023

Today, Vultr , the world’s largest privately-held cloud computing platform, announced that DDN ®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, is the latest ecosystem partner to join the Vultr Cloud Alliance .

Key Points: 
  • Today, Vultr , the world’s largest privately-held cloud computing platform, announced that DDN ®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, is the latest ecosystem partner to join the Vultr Cloud Alliance .
  • For organizations driving transformation through AI, the ability to optimize data infrastructure while benefiting from a dynamic cloud ecosystem is key.
  • "Combining DDN's robust storage for superior performance for large language models, generative AI, and machine learning applications with Vultr's globally distributed best-in-class computing capabilities eliminates these barriers."
  • Together, we are helping innovators advance their AI initiatives, while ensuring optimized data operations on a scalable cloud foundation.”
    DDN is the latest partner to join the Vultr Cloud Alliance.

ISG to Publish Reports on Microsoft Cloud Ecosystem

Retrieved on: 
Friday, November 17, 2023

The study results will be published in a series of comprehensive ISG Provider Lens™ “Microsoft Cloud Ecosystem” reports, scheduled to be released in March 2024.

Key Points: 
  • The study results will be published in a series of comprehensive ISG Provider Lens™ “Microsoft Cloud Ecosystem” reports, scheduled to be released in March 2024.
  • The reports will cover providers of services supporting the use of Microsoft Azure, Microsoft 365, SAP on Azure, Microsoft Power Platform and Generative AI for Microsoft Clouds by enterprises in seven geographic markets, as well as the U.S. public sector.
  • “Successful Microsoft cloud service providers need substantial, comprehensive offerings, enhanced by progressive features and solid partnerships with Microsoft," said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.
  • Companies not listed as Microsoft cloud services providers can contact ISG and ask to be included in the study.

The digital asset management market size is set to grow by USD 11.93 billion from 2022 to 2027, North America is projected to contribute 33% of the market growth - Technavio

Retrieved on: 
Wednesday, December 13, 2023

By geography, the digital asset management market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa.

Key Points: 
  • By geography, the digital asset management market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa.
  • Many such factors are fostering the growth of the digital asset management (DAM) market in North America.
  • Growth of the Digital Asset Management Market across North America, Europe, APAC, South America, and Middle East and Africa
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  • Artificial intelligence (AI) in asset management market size is estimated to grow at a CAGR of 37.88% between 2022 and 2027.

Tonaquint Appoints Terry Morrison COO and CTO

Retrieved on: 
Tuesday, December 12, 2023

ST. GEORGE, Utah, Dec. 12, 2023 /PRNewswire/ -- Tonaquint Data Centers, the premier data center solutions provider serving emerging markets, announced the appointment of Terry Morrison as Chief Operating Officer and Chief Technology Officer. Morrison joins from EdgeX Data Centers, which Tonaquint recently acquired.

Key Points: 
  • ST. GEORGE, Utah, Dec. 12, 2023 /PRNewswire/ -- Tonaquint Data Centers , the premier data center solutions provider serving emerging markets, announced the appointment of Terry Morrison as Chief Operating Officer and Chief Technology Officer.
  • Morrison joins from EdgeX Data Centers, which Tonaquint recently acquired.
  • As COO and CTO, Morrison oversees Tonaquint's national data center operations, engineering, construction, security and vendor management teams and leads Tonaquint's IT and product development organization.
  • Morrison brings over two decades of experience in operational excellence and infrastructure improvements in the data center industry to Tonaquint.

Oracle Announces Fiscal 2024 Second Quarter Financial Results

Retrieved on: 
Monday, December 11, 2023

Cloud license and on-premise license revenues were down 18% in USD and down 19% in constant currency to $1.2 billion.

Key Points: 
  • Cloud license and on-premise license revenues were down 18% in USD and down 19% in constant currency to $1.2 billion.
  • "Demand for our Cloud Infrastructure and Generative AI services is increasing at an astronomical rate," said Oracle CEO, Safra Catz.
  • This dividend will be paid to stockholders of record as of the close of business on January 11, 2024, with a payment date of January 25, 2024.
  • Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. Central.

Backup-as-a-service Market to grow by USD 32.79 billion between 2023 - 2028, Growth Driven by Increasing need to shift from CAPEX to OPEX model - Technavio

Retrieved on: 
Friday, December 8, 2023

The potential growth difference for the backup-as-a-service market between 2023 and 2028 is USD 32.79 billion.

Key Points: 
  • The potential growth difference for the backup-as-a-service market between 2023 and 2028 is USD 32.79 billion.
  • The increasing need to shift from CAPEX to the OPEX model is driving the growth of the market.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • The data center backup and recovery software market is estimated to grow at a CAGR of 11.5% between 2022 and 2027.

Cloud Computing Market worth $1,266.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 7, 2023

The Cloud Computing Market is expanding, and vendors are adopting a strategic focus to attract customers.

Key Points: 
  • The Cloud Computing Market is expanding, and vendors are adopting a strategic focus to attract customers.
  • These services are increasing the demand for the Cloud Computing Market.
  • In recent years, cloud computing has emerged as a game-changing technology that significantly benefits the industry.
  • North America is estimated to account for the largest market share in the global Cloud Computing Market in 2023, and this trend will continue during the forecast period.