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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 MoreElectrolux, a global leader in home appliances, is deploying ServiceNow to support a worldwide service delivery transformation, standardising services through a central portal. As part of a corporate shift toward the cloud, Electrolux will focus on driving adoption of ServiceNow across the global enterprise.
Read MoreCENX, a global leader of Service Orchestration solutions for software-defined networks, has received initial orders from three new service provider customers in Asia, Europe and North America, each serving millions of enterprise and consumer users.
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 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...
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