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Public cloud revenues to cross half-Trillion Dollar mark for the first time

Global public cloud revenues are set to grow to US$525.6 billion in 2023, passing the half-trillion Dollar mark for the first time. The figure represents a CAGR of 26% on 2022, with infrastructure-as-a-Service (IaaS) appearing as the fastest-growing segment as revenues are forecasted to jump by 35% YoY, according to Trading Platforms. Public cloud revenues nearly doubled...

January 17

Stonepeak pays $2.4bn for 911 digital infrastructure backbone

Alternative investment group Stonepeak and technology player Intrado Corporation have entered into a definitive agreement whereby investment funds advised by Stonepeak will acquire Intrado’s Safety business, a provider of critical public emergency telecommunications services and digital infrastructure, for US$2.4 billion. Digital Workflows, part of the Life & Safety s...

September 19

Sophos to open data centres in Latin America and South Asia

Cybersecurity firm Sophos said it will open data centres in Mumbai, India, and São Paulo, Brazil, in March and May, respectively. The new facilities are planned to enable organisations in these regions to meet strict data sovereignty laws and regulations, which are increasingly required for those in banking, government and other tightly regulated market sectors. The inv...

February 09

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