Digital Lifescapes

The rise of quantum computing has been heralded as a game-changing technological leap, promising to solve complex problems far beyond the reach of traditional powerful computers. However, it's becoming clear that the future of high-performance computing lies not in quantum alone, but in a hybrid approach that combines the strengths of quantum and classic systems. According to the latest market study by Juniper Research , there are challenges facing pure quantum computing and solutions developed to bridge the gap between its potential and realistic applications. Quantum Computing Market Development Juniper Research forecasts that quantum technology commercial revenue will grow from $2.7 billion in 2024 to $9.4 billion by 2030. This growth trajectory underscores the interest and investment in quantum technologies across various industries. The path to widespread adoption is not without obstacles. One of the most significant challenges is quantum decoherence, where systems lose their ...

Many senior executives remain upbeat about the potential of a business technology investment to drive digital business growth. Worldwide information technology (IT) spending is projected to total $4.5 trillion in 2022 -- that's an increase of 5.1 percent over 2021, according to the latest market study by Gartner. Despite the potential impacts of the COVID-19 pandemic and commercial disruption fueled by the Omicron variant, economic recovery with high expectations for digital market prosperity will continue to boost technology investments. Hybrid Enterprise IT Market Development "2022 is the year that the future returns for the CIO," said John-David Lovelock, vice president at Gartner . "They are now in a position to move beyond the critical, short-term projects over the past two years and focus on the long term." Simultaneously, staff skills gaps, wage inflation, and the demand for digital transformation talent will push CIOs to rely more on consultancies and ma...

As the impact of the global pandemic disrupted enterprise operations, more CIOs and CTOs determined that their highest priority was maintaining existing IT services. For many, that meant scaling-up public cloud services and enhancing the management of on-premises IT resources. The worldwide public cloud services market is forecast to grow 6.3 percent in 2020 to reach a total spend of $257.9 billion -- that's up from $242.7 billion in 2019, according to the latest global market study by Gartner. Also, infrastructure that supports remote working, such as SD-WAN and virtual workspace solutions, has gained new momentum as more organizations deploy the capabilities that enable their employees to connect to enterprise IT systems from their home-based office. Public Cloud Services Market Development Desktop as a service (DaaS) is expected to have the most significant growth in 2020, increasing 95.4 percent to $1.2 billion. DaaS offers an inexpensive option for enterprises that are...

Most enterprise CIOs and CTOs now operate in a 'coexistence environment' where traditional data center (non-cloud), private cloud and public cloud all are an essential part of their IT infrastructure. This technology mix will continue in the foreseeable future. Furthermore, this mix will change slowly. According to the latest worldwide market study by International Data Corporation (IDC), vendor revenue from sales of IT infrastructure products for cloud environments -- including public and private cloud -- grew 11.4 percent year-over-year in the first quarter of 2019 (1Q19), reaching $14.5 billion. IDC also lowered its forecast for total spending on cloud IT infrastructure in 2019 to $66.9 billion – that's down 4.5 percent from last quarter's forecast – with slower year-over-year growth of 1.6 percent. Cloud Infrastructure Market Development Vendor revenue from hardware infrastructure sales to public cloud environments in 1Q19 was down 13.4 percent compared to t...

Hybrid IT deployments continue to gain favor with CIOs and CTOs, but cloud computing will now drive a greater share of the ongoing investment in business technology. Those combined platforms are enabling digital transformation projects across the globe. Total spending on IT infrastructure products for deployment in cloud environments reached a total of $46.5 billion in 2017, with year-over-year growth of 20.9 percent, according to the latest worldwide market study by International Data Corporation (IDC). Cloud Infrastructure Market Development Public cloud data centers will account for 65.3 percent of this spending, growing at the annual rate of 26.2 percent over the IDC forecast period. Hosted off-premises private cloud environments will represent 13 percent of cloud IT infrastructure spending, growing at 12.7 percent year-over-year. On-premises private clouds will account for 62.6 percent of spending on private cloud IT infrastructure, and will grow 11.5 percent year-over-yea...

As 2017 came to a close, IT infrastructure vendors continued to respond to trends that favored Hybrid IT multi-cloud solutions. Most enterprise IT leaders invested in combinations of on-premises platforms and public cloud-based services. Meanwhile, the cloud hyperscale service providers still drive demand. Vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT -- including public and private cloud -- grew 25.5 percent year-over-year in the third quarter of 2017 (3Q17) reaching $11.3 billion, according to the latest worldwide market study by International Data Corporation (IDC). Cloud IT Infrastructure Market Development Public cloud infrastructure revenue grew 32.3 percent year-over-year in 3Q17 to $7.7 billion and now represents 30.2 percent of total worldwide IT infrastructure spending -- that's up from 26.3 percent one year ago. Private cloud revenue reached $3.6 billion for an annual increase of 13.1 percent. Moreover, t...

If you want to appreciate the full extent of the cloud computing phenomena, then you need to comprehend the ongoing impact to the IT ecosystem. It's been fueled by a disruptive series of innovations that have enabled software developers to accelerate the speed of digital transformation. The cloud delivery and consumption model has revolutionized the entire IT industry. But the cloud opportunity extends well beyond the public cloud -- which makes up less than half of all cloud-related spending today -- and includes private and hybrid clouds, as well as managed cloud services, cloud-related professional services, and hardware and software infrastructure for building clouds. Cloud Computing Market Development In its first forecast of the 'whole cloud' opportunity, International Data Corporation (IDC) estimates that worldwide whole cloud revenues will reach $554 billion in 2021 -- that's more than double those of 2016. "The most obvious takeaway from this forec...

Why are savvy CIOs and CTOs so focused on Hybrid IT infrastructure solutions? More enterprises are moving to hybrid and multi-cloud environments. According to the latest worldwide market study by 451 Research, the cloud services market will reach $53.3 billion in 2021, that up from $28.1 billion this year. The latest global survey found that cloud service adoption is now mainstream, with 90 percent of organizations surveyed using some type of cloud service. Moreover, analysts expect 60 percent of workloads to be running in some form of hosted cloud service by 2019 -- that's up from 45 percent today. Cloud Services Market Development This represents an ongoing pivot from DIY owned and operated on-premises IT, to a combination that includes cloud or hosted third-party IT services. 451 Research finds that the future of IT is multi-cloud and hybrid with 69 percent of survey respondents planning to have some type of diverse environment by 2019. That being said, the growth in mul...

Large enterprises continue to move some of their IT data center infrastructure to colocation facilities. That said, there was more vendor consolidation activity during last year, as a few key players decided to reduce their presence or totally exit the market. According to the latest worldwide market study by 451 Research, the global colocation and wholesale market revenue will top $48 billion by 2021 in its latest quarterly release of the Data Center KnowledgeBase (DCKB), which tracks nearly 4,500 data centers operated by 1,193 companies worldwide. Colo Data Center Market Development In Q3 2016, the data center colocation and wholesale market gained $28.9 billion in annualized revenue. The majority of this revenue (42 percent) was generated in North America, with Asia-Pacific generating 31 percent. Following a year of significant M&A activity in 2015, the first three quarters of 2016 maintained the momentum with notable industry consolidation that included Equinix completi...

During 2015, CIOs and business technology managers joined the Line of Business leaders by moving more enterprise IT operations to cloud services. In 2016, it’s estimated that disaster recovery, IT helpdesk services, web content management and communication applications are all running in the cloud. That said, public cloud spending will accelerate rapidly, growing from $75 billion in 2015 to $522 billion by 2026 at a compound annual growth rate (CAGR) of 19 percent. The public cloud service segment CAGR rates are: SaaS (19 percent), PaaS (33 percent), and IaaS (18 percent). By 2026, it’s now estimated that cloud computing will account for nearly 50 percent of all spending for enterprise IT hardware, software and outsourcing services, according to the findings of a recent market study that was sponsored by North Bridge, a growth equity and venture capital firm. Based on the findings from the ‘2016 Future of Cloud Computing’ survey, while ~50 percent of all companies either have a c...

As we look back on the business technology-related trends of 2016, the huge adoption of Hybrid IT methodologies come to mind. More enterprises have combined on-premises systems of record with off-premises systems of engagement to form a cohesive foundation for their digital transformation agenda. Business leaders currently spend about 28 percent of their total enterprise IT budgets on hosting and cloud computing services, according to the latest worldwide market study by 451 Research. Moreover, the outlook for 2017 is encouraging -- that investment is now forecast to reach 34 percent. The analyst believes that there's a growing reliance on external sources of infrastructure, application, management and security services. Although vendors frequently position themselves as primarily suppliers of infrastructure, the study finds that just 31 percent of spending goes towards infrastructure services. Meanwhile, nearly 70 percent of enterprise budgets for hosting and cloud is being ...

Organizations with smaller IT teams, and many others, have already adopted hyper-converged technologies. According to the latest market study by 451 Research, hyperconverged infrastructure is used at 40 percent of companies, with more deployments expected during the next two years. Nearly one quarter of survey respondents indicated that they have these systems either in a current pilot, or included in future plans. The research uncovered that hyperconverged systems are evolving from prior network edge applications into a primary component of Hybrid IT infrastructure. The latest quarterly survey results indicate that 74.4 percent of the respondent organizations currently using hyperconverged have deployed the solutions in their central data centers, signaling a key transition. Hyperconverged Systems Market Development "Loyalties to traditional, standalone x86 servers are diminishing in today's IT ecosystems as managers adopt innovative technologies that eliminate multip...