Cloud Computing

The MEA cloud infrastructure services market size is anticipated to reach $18.07 billion by 2025, according to a report from Grand View Research.

As part of the agreement, Infosys will join the Huawei Cloud Partner Network (HCPN) and the two companies will develop new cloud solutions leveraging Huawei Cloud and Infosys products and services.

Huawei said that its intelligent storage has gained 40% compound annual growth rate (CAGR) from the year 2012 to 2018.

Accenture and Google Cloud said that both the companies are expanding their partnership to focus on enabling multi-channel customer interactions, improving data management, and creating services for hyper-personalization in marketing, sales and services.

According to IDC report, the quarterly spending on public cloud IT infrastructure was down 6.9% in Q4 of 2018 compared to the previous quarter.

With the aim to help CIOs develop their hybrid cloud strategies, Hewlett Packard Enterprise (HPE) said that it has launched HPE Right Mix Advisor

Worldwide spending on public cloud services and infrastructure is likely to reach $210 billion in 2019, an increase of 23.8% over 2018, according IDC.

ExxonMobil said it is partnering with Microsoft to deploy cloud technology across Permian Basin operations which is its largest-ever oil and gas acreage.

Unified analytics firm Databricks said that it has raised $250 million in a Series E funding round led by Andreessen Horowitz.

While the cloud robotics market is expected to touch 21.9 billion by 2024, the cybersecurity seems to be biggest challenge but 5G will make it safer, faster and speedier.