Puts worldwide revenue at US$400B in 2025. The combined Public Cloud IaaS and PaaS market is forecast to have revenues of US$400 billion in 2025 with a compound annual growth rate (CAGR) of 28.8 per cent during the 2021-2025 forecast period. Application development and testing, structured data management, and structured…
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Corporate banks in India has potential to transform with cloud
Changing landscape of trust was set against a backdrop of global economic uncertainty. With the prospect of a sharp recovery in economic activities in 2021, corporate banking in India is expected to witness a significant evolution in the path to recovery as banks redesign their corporate customer experience (CX) on…
Read MoreNutanix offers Karbon Platform Services
Provides software developers with a turnkey managed services experience. Enterprise cloud computing, Nutanix has released Karbon Platform Services, a Kubernetes-based multicloud Platform-as-a-Service (PaaS) with automated system-managed security, to accelerate the development and deployment of microservices-based apps across any Cloud. This offering provides software developers with a turnkey managed services experience,…
Read MoreCOVID-19’s impact on ICT budgets in APAC
Traditional technology spend is down, but digital transformation and remote working drive Cloud and collaboration tools. The global pandemic is still impacting ICT budgets in Asia Pacific region. According to analyst firm GlobalData Asia Pacific countries are seeing a decline of seven per cent to five per cent in ICT…
Read MoreCOVID-19 to affect enterprise ICT spending in New Zealand
Buying decisions re-looked at due to an increased focus on profitability amidst the uncertainty. ICT spending in New Zealand is estimated to register a 6.3 per cent year-on-year decline to reach US$9.5bn in 2020, against the initial estimated growth of 9.6 per cent before the COVID-19 outbreak, according to GlobalData.…
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