According to Gartner, the global public cloud services market is expected to reach US$$266 billion in 2020, a 17% increase year-over-year, led by segments Software as a Service (“SaaS”) and Infrastructure as a Service (“IaaS”), which are expected to grow to US$$116 billion and US$$50 billion, respectively. [more]
Alibaba, Amazon, Google, IBM, Microsoft and Oracle are all fighting for a pie of an industry growing at over 20% per year & estimated to be almost $75B by 2022. [more]
Large tech giants can’t ignore the amount of capital flowing into the blockchain industry anymore. According to Grand View Research, the blockchain industry’s market value is expected to grow at a CAGR of 69.4% from US$34 billion in 2019 to US$57 billion by 2025. [more]
The United States Military’s Pentagon is expected to announce the winner of a US$10 billion contract to develop and support the cloud infrastructure behind an artificial intelligence (AI) driven computing network. [more]
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