Data centers throughout the United States are gearing up for a sustained uptick in power requirements, driven by increasing demand for technologies like AI, which are straining power grids. As one of the leading data center markets globally, the US boasts the highest number of data center locations, with projected total revenue reaching US$99.16 billion […]
Operations at the UK-based veterinary services provider CVS Group are facing disruption due to an evolving cyber incident of undisclosed nature. This has led the organization to shut down key IT systems as a precautionary measure. CVS, listed on AIM (Alternative Investment Market), clarified that it is not affiliated with the American retail pharmacy chain […]
The transition to cloud storage has led to unforeseen expenses for a significant number of organizations, with a trend towards migrating more data than initially planned. This is especially true for businesses that embraced cloud storage solutions over the past two years, facing hidden costs related to the expansion of storage capacity, egress fees, and […]
Red Hat’s 2024 Global Tech Trends report, based on a survey of 706 IT leaders, reveals significant insights into the evolving landscape of cloud infrastructure utilization and IT management priorities. Organizations are increasingly finding equilibrium in balancing public and private cloud infrastructures, leading to a notable shift in IT management funding priorities compared to previous […]
Meta, the parent company of Facebook, WhatsApp, and Instagram, has reported a robust annual revenue of $134.90 billion, marking a 16% increase from 2023. The earnings for Q4 2023 and the full year underscore Meta’s dedication to enhancing its capabilities in artificial intelligence (AI) and expanding its datacenter infrastructure. The company anticipates a tenfold increase […]
In the ever-evolving world of data centers, the constant hum of servers and the whirring of cooling fans paint a familiar picture. But as technology advances and data demands soar, traditional air cooling methods are reaching their limits. This is where immersion cooling emerges as a revolutionary solution, promising to transform the way we cool […]
An increasing number of organizations are defaulting to the cloud and cloud storage for their new IT projects, adopting “cloud-first” or “cloud-preferred” strategies. This trend stems from the agility the cloud offers, particularly advantageous for startups and rapidly growing firms needing swift infrastructure development. Despite the widespread promotion of cloud benefits, it is not always […]
Global IT spending is anticipated to reach $5.1 trillion in 2024, marking an 8% rise from the previous year, as per the latest Gartner, Inc. forecast. Despite generative AI (GenAI) not yet significantly affecting IT expenditure, the broader investment in AI is fostering overall growth in IT spending. John-David Lovelock, Distinguished VP Analyst at Gartner, […]
Artificial Intelligence (AI) stands out as a transformative force, reshaping industries and revolutionizing the way businesses operate. One facet of this AI revolution that often takes a backstage but plays a crucial role is its impact on storage infrastructure. As AI applications become more sophisticated and data-intensive, the demand for storage solutions that can keep […]
Since March 2023, the prices of flash drives per gigabyte (GB) have dropped by over 10%, reaching an average of $0.075/GB this week, down from approximately $0.09 per gigabyte six months ago. This decline was revealed through an exclusive analysis conducted by Computer Weekly, which collected weekly drive prices from Amazon.com as aggregated by diskprices.com. […]
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