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Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based datastorage company at $5 billion. Big money Of course this is far from the only play the Blackstone Group has made in the data sector.
growth this year, with datacenter spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Datacenter spending will increase again by 15.5% in 2025, but software spending — four times larger than the datacenter segment — will grow by 14% next year, to $1.24
The AI revolution is driving demand for massive computing power and creating a datacenter shortage, with datacenter operators planning to build more facilities. But it’s time for datacenters and other organizations with large compute needs to consider hardware replacement as another option, some experts say.
The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world. ” Friend and Flowers joined forces in 2015 to start Wasabi, when Friend was still the CEO of cloud backup company Carbonite. .
Historically, datacenter virtualization pioneer VMware was seen as a technology leader, but recent business changes have stirred consternation since its acquisition by Broadcom in late 2023. Learn how Nutanix can accelerate your hybrid cloud journey and transform your business. Disclaimer: Nutanix, Inc.
DDN , $300M, datastorage: Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based datastorage company at $5 billion. billion to develop datacenters in Spain.
In the age of artificial intelligence (AI), how can enterprises evaluate whether their existing datacenter design can fully employ the modern requirements needed to run AI? Evaluating datacenter design and legacy infrastructure. The art of the datacenter retrofit. Digital Realty alone supports around 2.4
According to an IDC survey commissioned by Seagate, organizations collect only 56% of the data available throughout their lines of business, and out of that 56%, they only use 57%. For companies moving to the cloud specifically, IDG reports that they plan to devote $78 million toward infrastructure this year.
We have invested in the areas of security and private 5G with two recent acquisitions that expand our edge-to-cloud portfolio to meet the needs of organizations as they increasingly migrate from traditional centralized datacenters to distributed “centers of data.”
Moving applications between datacenter, edge, and cloud environments is no simple task. Additionally, containers need application-level data services, which becomes increasingly difficult containers because are not static.
As enterprises begin to deploy and use AI, many realize they’ll need access to massive computing power and fast networking capabilities, but storage needs may be overlooked. In that case, Duos needs super-fast storage that works alongside its AI computing units. “If If you have a broken wheel, you want to know right now,” he says. “We
Virtually every company relied on cloud, connectivity, and security solutions, but no technology organization provided all three. Leaders across every industry depend on its resilient cloud platform operated by a team of industry veterans and experts with extensive networking, connectivity, and security expertise.
A digital workspace is a secured, flexible technology framework that centralizes company assets (apps, data, desktops) for real-time remote access. Digital workspaces encompass a variety of devices and infrastructure, including virtual desktop infrastructure (VDI), datacenters, edge technology, and workstations.
To optimize such environments, IT leaders should consider a multipronged approach, comprising common sets of software-defined infrastructure services, integrated cloud platforms, and modern as-a-service subscriptions that have been designed to address exactly these issues.
In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of datacenter hardware known as a data processing unit (DPU), for around $190 million. ” The Fungible team will join Microsoft’s datacenter infrastructure engineering teams, Bablani said. .
IBM is all set to increase its cloud services costs by up to 26% from January 2024. IBM PaaS services — slated for a 3% price hike globally — include IBM’s Kubernetes Services, RedHat OpenShift, all security services, and all cloud database offerings including Message Hub, Cloudant, and SQL query services. Cloud Computing, IBM
Soon, your cloud photo backups could reside on beams of light transmitted between satellites instead of in huge, power-hungry server farms here on Earth. The company intends to build and launch six of these, which will demonstrate how its laser-based storage medium operates on orbit.
IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. In that case, the board’s bank was troubled by the volume of unexpected fees charged by cloud providers.
In my role as CTO, I’m often asked how Digital Realty designs our datacenters to support new and future workloads, both efficiently and sustainably. Digital Realty first presented publicly on the implications of AI for datacenters in 2017, but we were tracking its evolution well before that.
The cloud services landscape is in constant flux. With the cloud being an inevitable part of enterprise digital transformation journeys, IT leaders must keep on top of the latest developments in the cloud market to better predict downstream impacts on their roadmaps.
We recently caught up with Mike Fuhrman, Chief Product and Information Officer at Flexential, to learn how the company is helping customers gain the connectivity and cloud solutions they need and what it means to be VMware Cloud Verified. All of the company’s cloud offerings are based on VMware technology.
In addition to Dell Technologies’ compute, storage, client device, software, and service capabilities, NVIDIA’s advanced AI infrastructure and software suite can help organizations bolster their AI-powered use cases, with these powered by a high-speed networking fabric.
. > allowfullscreen> When it comes to looking at new workloads and applications, be it AI or modern cloud-workloads, hyper-converged infrastructure, with embedded all-flash storage arrays, provides organizations with a process to rapidly deliver on the application demands of the business.
Datacenters with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to TechCrunch.
After years of marching to the cloud migration drumbeat, CIOs are increasingly becoming circumspect about the cloud-first mantra, catching on to the need to turn some workloads away from the public cloud to platforms where they will run more productively, more efficiently, and cheaper.
There are Some Cloud Myths that Enterprise Should Break Misconceptions about the cloud are all over the internet and outside of it. No wonder enterprises find it difficult to decipher cloud myths from the facts, especially as it relates to enterprise software development and business application development.
billion in the Middle East kingdom to build datacenters and a significant cloud presence in the region. Amazon — alongside its US-based cloud competitors Google and Microsoft — acted quickly to set up regional headquarters in Saudi Arabia. billion to launch new cloud areas.
Cloud costs remain a key concern for IT leaders, who find themselves nearing a crossroads where expenditures for core workloads will need containment to free up spend for innovation. 1 barrier to moving forward in the cloud. Cloud costs continue to be a top concern for CIOs,” says Dave McCarthy, analyst at IDC.
VMwares virtualization suite before the Broadcom acquisition included not only the vSphere cloud-based server virtualization platform, but also administration tools and several other options, including software-defined storage, disaster recovery, and network security. The cloud is the future for running your AI workload, Shenoy says.
DevOps cloud platform Render , which won our Disrupt SF 2019 Startup Battlefield , announced today that it closed a $20 million Series A funding round led by Addition alongside existing investors General Catalyst and South Park Commons. Most of Render’s customers use its platform for their entire cloud presence, according to Goel.
That contract expires this summer, June 30, so that's our departure date for the final leg of our cloud exit. We've already racked the replacement from Pure Storage in our two primary datacenters. It's a gorgeous rack full of blazing-fast NVMe storage modules. Each card in the chassis capable of storing 150TB now.
Being on the forefront of enterprise storage in the Fortune 500 market, Infinidat has broad visibility across the market trends that are driving changes CIOs cannot ignore. The following five trends can be summed up in eight words: cyber resilience, automation, hybrid cloud, performance, availability, and consolidation. .
When asked what enabled NxtGen to become the largest cloud services and solutions provider in India, A S Rajgopal, CEO, founder, and managing director, points to the pillars that guide the company’s operations: speed, security, simplicity, support, scalability, and sovereignty.
(tied) Crusoe Energy Systems , $500M, energy: Back in 2022, the Denver-based company was helping power Bitcoin mining by harnessing natural gas that is typically burned during oil extraction and putting it toward powering the datacenters needed for mining — raising a $350 million Series C equity round led by G2 Venture Partners , at $1.75
Il leader IT ed ex CIO Stanley Mwangi Chege ha sentito per anni i dirigenti lamentarsi delle implementazioni cloud, citando la rapida escalation dei costi e le difficoltà legate alla privacy dei dati come motivi principali delle loro frustrazioni. Si tratta di una percentuale coerente con i risultati di diversi sondaggi precedenti.
The cloud computing revolution brought with it many innovations, but also lessons about the pitfalls of rapidly adopting new technologies without a well-planned strategy. Applying shadow IT’s lessons to Generative AI As organizations build their AI strategies, the lessons from the cloud era can be particularly invaluable.
Private cloud providers may be among the key beneficiaries of today’s generative AI gold rush as, once seemingly passé in favor of public cloud, CIOs are giving private clouds — either on-premises or hosted by a partner — a second look. The excitement and related fears surrounding AI only reinforces the need for private clouds.
One company that needs to keep data on a tight leash is Petco, which is a market leader in pet care and wellness products. Most of Petco’s core business systems run on four InfiniBox® storage systems in multiple datacenters. virtualized systems, databases, business workloads, etc) and only pay for storage as needed.
The cloud market has been a picture of maturity of late. The pecking order for cloud infrastructure has been relatively stable, with AWS at around 33% market share, Microsoft Azure second at 22%, and Google Cloud a distant third at 11%. He adds, “This is behind the drive to generative AI by the cloud providers.
Most CIOs recognize the advantages of cloud, the global reach it provides, and the ease with which services can be scaled up and back down again. A growing number of IT leaders treat compute and storage as they would the utility grid. But recognizing cloud advantages doesn’t always mean a smooth transition from on-prem.
Effective cost management in the cloud is, therefore, becoming increasingly important. Yet many companies still find it difficult to keep an eye on the costs of their cloud deployment and to continuously optimize them. In this context, more than a quarter expect cloud costs to rise by 20% or more.
Equally, if not more important, is the need for enhanced datastorage and management to handle new applications. These applications require faster parallel processing of data in diverse formats. In his keynote speech, he noted, “We believe that datastorage will undergo major changes as digital transformation gathers pace.
However, each cloud provider offers distinct advantages for AI workloads, making a multi-cloud strategy vital. NetApps first-party, cloud-native storage solutions enable our customers to quickly benefit from these AI investments.
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