Category Archives: Research

China cloud infrastructure spend hits $9.2bn in Q3 with ‘relentless’ AI focus

Spending on cloud infrastructure services in mainland China hit $9.2 billion USD (£7.29bn) in the third quarter of 2023 accounting for 12% of global cloud spend, according to analyst firm Canalys. The three largest vendors in China – Alibaba, Huawei and Tencent – represent almost three quarters (73%) of the market and customer spending. Alibaba… Read more »

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Global public cloud services revenues hit $315bn in first half of 2023

Global public cloud services revenues have been ticking over to the tune of 19.2% in the first half of 2023 with software as a service (SaaS) representing the lion’s share but platform as a service (PaaS) the biggest growth, according to IDC. The analyst firm released figures from its Worldwide Semiannual Public Cloud Services Tracker,… Read more »

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Nearly a quarter of businesses are losing more than £100,000 a year to IT skills shortage

Nearly a quarter of IT decision-makers (22%) estimate IT skills shortages are costing their business more than £100,000 a year in recruitment fees, temporary staffing, increased salaries and investment in lower-level employees to bring them up to speed over time. As the skills shortage worsens, over three-quarters of respondents polled (77%) say their organisation’s IT… Read more »

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Hackathon bridges data gaps on climate change and migration

The International Organization for Migration (IOM) has hosted the first hackathon on ‘Bridging Climate Change and Human Mobility’, in collaboration with the data cloud company Snowflake, to provide insights on the intersection of environmental factors with migration management and policymaking in the East and Horn of Africa (EHoA). The two-part hackathon brought together participants in… Read more »

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40%+ of firms lose revenue from technology downtime and cloud complexity

55% of enterprises are struggling to derive meaningful insights from their data, highlighting an industry-wide need to deliver technology faster, more reliably and in more places, according to a survey by Hitachi Vantara, the modern infrastructure, data management and digital solutions subsidiary of Hitachi. The survey revealed ongoing challenges related to security, inflexible systems, isolated… Read more »

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UK startups wasting over two weeks per year – costing the UK an estimated £37bn in GDP

UK startups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research.  The study, conducted by Beasy, which surveyed 500 business owners employing between 1-9 people, found that startup founders are spending an average of 5.5… Read more »

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Global cloud comms revenue to grow at 18.3% CAGR over 2022-2027

Cloud communications is expected to witness a substantial growth over the next five years, as businesses are switching from legacy PBX solutions to cloud communications and opting for a pay-as-you-go model to optimise expenses and avoiding upfront investments. Against this backdrop, the cloud communications market size is anticipated to grow at a compound annual growth… Read more »

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Cloud infrastructure spending ticks over thanks to complex workloads and AI

Spending on compute and storage infrastructure products for cloud deployments went up almost 8% year on year for the second quarter of 2023 to $24.6 billion (£20.36bn), according to IDC. The biggest winner among the categories was shared cloud infrastructure, for which spending grew 13.7% year on year to $17.9bn in the quarter, and has… Read more »

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2023 State of Tech in Biopharma report reveals tech strategies in era of data and AI 

Benchling has launched its inaugural 2023 State of Tech in Biopharma report, which has shed light on the obstacles that biopharma encounter when striving to fully implement and embrace these technologies.  The report surveyed 300 R&D and IT experts from biopharma companies large and small to do a first-ever investigation into biopharma’s use of an… Read more »

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Friction between finance and tech leaders prevents companies from controlling cloud spend

Vertice, an optimisation platform for SaaS and cloud spend, has unveiled the results of its global survey, ‘The State of Cloud Cost Optimisation’, which reveals that organisations are being held back from controlling their cloud spending and gaining ROI because of a lack of alignment between finance and tech leaders. Amidst cloud costs rising by… Read more »

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