Latest Cloud Computing News - CIO Dive
4 days ago · AWS plans UK cloud expansion, pours $10B more into AI infrastructure. Amazon’s cloud division will now invest more than $14 billion in the region through 2028, the company said Wednesday. By Matt Ashare • Sept. 11, 2024. The latest cloud …
AI adoption drives ‘unmanageable’ spike in cloud costs
Oct 7, 2024 · AI adoption is contributing to a spike in cloud costs for most enterprises, according to a report by Tangoe. The technology expense management solution provider commissioned Vanson Bourne to survey 500 IT and finance professionals responsible for enterprise cloud cost management. Enterprise cloud costs rose an average of 30% in the last year ...
Google Cloud enjoys an AI-fueled growth spurt in Q3
6 days ago · Dive Brief: Google Cloud revenues surged, increasing 35% year over year to $11.4 billion, driven by growth across AI infrastructure, generative AI solutions and core products, Google CFO and SVP Anat Ashkenazi said Tuesday, during the company’s Q3 2024 earnings call. The hyperscaler has seen revenue growth steadily accelerate over the last ...
Data center spending skyrockets as cloud building rush accelerates
Sep 30, 2024 · Dive Brief: Data center spending is on the rise as enterprises accelerate AI adoption and cloud providers race to increase capacity, according to Dell’Oro Group. Capital expenditures on cloud infrastructure grew 38% year over year during the first six months of 2024, fueled by an ongoing hyperscaler building boom, the market research firm said.
Citi taps Google Cloud for app migration, AI adoption
Oct 28, 2024 · Dive Brief: Citi announced a multiyear modernization partnership with Google Cloud Monday. The bank will migrate multiple workloads and applications to the hyperscaler’s public cloud infrastructure, according to the announcement. As part of the initiative, Citi will also adopt Google Cloud’s Vertex AI platform to leverage generative AI ...
5 highest-paying IT certifications in 2024 | CIO Dive
Oct 29, 2024 · Here are five of the top-paying certifications in the U.S. going into 2025, according to Skillsoft data: 1. AWS Certified Security - Specialty. The AWS Certified Security - Specialty certification topped Skillsoft’s list with workers earning an average annual salary of more than $200,000, a $40,000 increase year over year, according to Fuller.
Enterprises cling to mainframe as cloud expands | CIO Dive
Oct 7, 2024 · Dive Brief: Enterprises are expanding mainframe capacity even as they migrate workloads to the cloud, according to an Information Services Group report published Thursday. One-third of enterprises using mainframes plan to upgrade processors or storage and 1 in 6 intend to purchase new units in the next three years, ISG found.
Bank of America prioritized internal cloud. Now it's evaluating …
Oct 17, 2019 · Dive Brief: Bank of America is consolidating its infrastructure footprint as part of an internal cloud strategy, reducing its number of servers from more than 200,000 to 70,000, said Brian Moynihan, chairman of the board and CEO of Bank of America, in a Q3 earnings call Wednesday. The bank still operates 23 data centers, down from 67.
JPMorgan Chase CEO wants more cloud to fuel AI, analytics
Published April 12, 2024. Matt Ashare Senior Reporter. Jamie Dimon, Chairman and CEO of JPMorgan Chase, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Dimon stressed the centrality of cloud adoption in driving the companies AI strategy in a letter to investors.
Businesses default to cloud for generative AI, accelerate migrations
Aug 28, 2024 · Enterprises are leaning on cloud to satisfy a hunger for generative AI and machine learning capabilities, according to Foundry research published Tuesday. Migration rates rebounded this year, with 63% of respondents reporting accelerated cloud adoption over the last year, compared to 57% in 2023 and 63% in 2022.