"Regional high school graduation rates have a major impact on economic growth, particularly entrepreneurship. To determine the relationship between education and growth, researchers incorporated recent theories of entrepreneurship and new enterprise creation into traditional economic models. The recently published Small Business Administration Office of Advocacy report, Using Census Business Information Tracking System (BITS) to Explore Entrepreneurship, Geography and Economic Growth, discusses findings. Researchers found a positive relationship between U.S. entrepreneurship and high school graduation across all industry sectors, except manufacturing."
The global cloud computing market is undergoing new significant growth, driven by the rapid adoption of artificial intelligence (AI) and the demand for flexible, scalable infrastructure. The recent market study by International Data Corporation (IDC) provides compelling evidence of this transformation, highlighting the accelerating growth in cloud infrastructure spending and the pivotal role of AI in shaping the industry's future trajectory. Shared Infrastructure Market Development The study reveals a 36.9 percent year-over-year worldwide increase in spending on compute and storage infrastructure products for cloud deployments in the first quarter of 2024, reaching $33 billion. This growth substantially outpaced non-cloud infrastructure spending, which saw a modest 5.7 percent increase to $13.9 billion during the same period. The surge in cloud infrastructure spending was partially fueled by an 11.4 percent growth in unit demand, influenced by higher average selling prices, primari