Public IT cloud services spending will reach $56.6 billion in 2014 and grow to more than $127 billion in 2018, according to a new forecast from International Data Corporation (IDC). This represents a five-year compound annual growth rate (CAGR) of 22.8%, which is about six times the rate of growth for the overall IT market. In 2018, public IT cloud services will account for more than half of worldwide software, server, and storage spending growth.
Read MoreDot Hill Systems Corp. has announced the Ultra48™ AssuredSAN® ultra-density, next-generation hybrid arrays are now available with Dot Hill RealStor™ version 2.0 application workload-aware intelligence. By combining RealStor 2.0, also announced today, with the Ultra48, Dot Hill is delivering a unique, robust family of hybrid arrays that challenges the current competitive landscape with game-changing enterprise management features and performance at an unparalleled...
Read MoreIn the fourth annual Cisco® Global Cloud Index (2013 – 2018), Cisco forecasts continued strong growth of cloud traffic, cloud workloads and cloud storage with private cloud significantly larger than public cloud. Over the next five years, the study projects data center traffic to nearly triple, with cloud representing 76% of total data center traffic. By 2018, half of the world’s population will have residential Internet access, and more than half of those users’ (53...
Read MoreMore than 4,600 developers and users -- an attendance record -- have gathered in Paris at the Palais des Congrès to share best practices, user stories and plan the 11th release of OpenStack cloud software, Kilo, due in April 2015.
Read MoreCloud Technology Partners has announced the creation of CTP Labs™. CTP Labs is dedicated to transforming existing software and enterprise systems to multitenant, auto-scaling cloud services.
Read MoreNexenta and Mirantis have announced Nexenta’s certification as a Mirantis Technology Partner. Customers are now able to use the NexentaStor block and file storage solution with Mirantis OpenStack, the leading OpenStack distribution.
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