Services Australia has recently agreed to extend its licensing and support agreements with VMware for another three years at a cost of nearly $94 million. This new deal replaces two previous three-year contracts that were signed between 2021 and 2024, with the total value of the agreements being $78 million. The agency stated that the … Read more
Services Australia has announced that they will be spending close to $94 million on extending long-standing licensing and support agreements with VMware for another three years. This new agreement replaces two previous contracts signed between 2021 and 2024, valued at $78 million. Services Australia stated that this contract extension will provide continued software, support, and … Read more
The IT Spending Market Report is now available on Orbisresearch.com, providing investors with a detailed analysis of the market landscape. The report covers market trends, drivers, challenges, opportunities, and supply chain dynamics. It offers insights to help investors make informed decisions and capitalize on emerging opportunities. Key points include market overview, trend analysis, competitive landscape, … Read more
Nvidia, a leading technology company, is revolutionizing the way cloud companies invest in artificial intelligence (AI) chips. By providing high-quality AI chips, Nvidia is making it easier for cloud companies to allocate billions of dollars towards advancing AI technology. This innovative approach is changing the landscape of the tech industry and driving the development of … Read more
Microsoft has been a leader in the development of generative AI, with its spending efficiency in this area approaching the level it reached during the fourth or fifth year of Azure development, according to analysts at Goldman Sachs. Despite only recently rolling out generative AI initiatives, Microsoft has been able to balance the increase in … Read more
Microsoft is making big moves in the world of generative AI, with analysts from Goldman Sachs noting that the company’s spending efficiency is on par with its Azure development. Despite only being about a year into its generative AI initiatives, Microsoft has seen a sharp increase in spending, matched by a rise in AI revenue. … Read more
Google Play now allows developers to set their app prices up to $999.99, a significant increase from the previous limit of $400 set in late 2015. This change was announced at the recent Google I/O developer conference, reflecting the growth and maturity of the Google Play ecosystem in 2024. While the majority of apps on … Read more
Today on Catalysts, hosts Seana Smith and Madison Mills are discussing key market trends and the latest stories from the trading day. As Nvidia prepares to report its earnings, they are joined by Jose Rasco of HSBC Global Private Banking and Wealth Management Americas to analyze how Nvidia and the overall AI push could impact … Read more
Amazon Web Services (AWS) continues to dominate the cloud computing market with a 31 percent market share, according to a recent report. However, the company is facing stiff competition from fast-growing rivals in the industry. Despite being the market leader, AWS is being challenged by competitors who are rapidly gaining ground. Article Source https://www.msn.com/en-in/money/topstories/aws-microsoft-azure-google-cloud-now-dominate-66-of-global-cloud-spending/ar-BB1mD62O?ocid=finance-verthp-feeds
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Chipmaker Broadcom forecast annual revenue below Wall Street estimates on Thursday, as weak enterprise spending and stiff competition cast a shadow on its acquisition of VMware. Shares of San Jose, California-based Broadcom, which recently closed its acquisition of the cloud computing firm, fell more than 1% in extended … Read more