DCIM software market to reach $3.63B by 2029

The global Data Center Infrastructure Management (DCIM) software market is on track for significant expansion, with projections showing growth from $2.02 billion in 2023 to $3.63 billion by 2029, according to a new report from ResearchAndMarkets.com. This robust growth trajectory, marked by a compound annual growth rate (CAGR) of 10.1%, reflects the increasing importance of DCIM solutions … Read more

Amazon stock drops as cloud revenue misses expectations

Amazon’s stock took a 4% hit on Friday (February 7, 2025), wiping out nearly $100 billion in market value after its latest cloud computing revenue figures fell just short of expectations. Investors, who have been closely watching the company’s heavy spending on AI, were left underwhelmed by the numbers – especially given similar disappointments from … Read more

AWS strengthens ties with Australian Government in new cloud agreement

AWS has taken its partnership with the Australian Government’s Digital Transformation Agency (DTA) to the next level. The two have signed a new Whole-of-Government agreement, making it easier for government agencies to tap into cloud and emerging technologies. This new agreement, which sets for an initial three-year term, builds on a previous deal from 2019, … Read more

AI clouds for optimal business objectives and outcomes

As AI is gaining traction, many cloud solutions are enhanced to better support AI use cases. One of the biggest advantages of AI-enhanced clouds is their ability to optimise infrastructure resources to fit the particular AI Inference needs of any business. Whether a company is working on tasks like financial planning, improved customer support, or … Read more