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Cloud computing is the availability of computer system resources in the form of storage, databases, networking, software and analytics over the internet. Cloud services help companies to lower their operating costs and scale a business as requirements change. Well known companies that deliver a wide range of cloud services are cloud providers like Amazon, Google and Microsoft. In this category you find our news articles about Cloud and Cloud Hosting.

European Commission Kick-Starts Alliances for Industrial Cloud and Semiconductors

The European Commission has kick-started two new Industrial Alliances last week: the Alliance for Processors and Semiconductor technologies, and the European Alliance for Industrial Data, Edge and Cloud. The alliances are intended to bring together businesses, Member State representatives, academia, users, as well as research and technology organizations.

Gartner: Worldwide Public Cloud End-User Spending Will Increase by 23% in 2021

Global end-user expenditure on public cloud services would rise 23.1 percent to $332.3 billion in 2021, up from $270 billion in 2020, according to Gartner’s latest forecast.

Opus Interactive Achieves ‘Climate-Positive’ Cloud Hosting

Opus Interactive, a women-owned provider of hybrid and multi-cloud hosting services, has launched “climate-friendly” cloud hosting services. By offsetting emissions proportional to the energy usage of its OpusCloud product and footprint in Oregon, Northern Virginia, and Dallas data centers, the Portland-based firm goes beyond carbon neutrality to offer an environmental benefit.

Global Cloud Hosting Provider Rackspace Cuts 10% of Its Workforce

In one of its largest employee shake-ups to date, cloud hosting provider Rackspace Technology will lay-off about 10 percent of its workforce over the coming 12 months.

Lambda Raises $24.5M in Funding to Build Deep Learning GPU Cloud

Lambda, a supplier of deep learning GPU cloud services and computing hardware, has raised $24.5 million in new funding. Primary investors include 1517 Fund, Gradient Ventures, Bloomberg Beta, Razer, and Georges Harik. This round of funding includes a $15 million Series A equity investment and a $9.5 million loan facility from Silicon Valley Bank.

Wipro to Invest $1 Billion to Expand Its Cloud Transformation Capabilities

Wipro, a large global information technology, consulting, and business process services company, has launched its FullStride Cloud Services, as well as a commitment to invest $1 billion over the next three years in cloud technologies, capabilities, acquisitions, and partnerships.

Study: AWS, Google Cloud, Azure Will Seize More of Enterprise IT Spend

The cloud services industry is expected to increase at a 24 percent compound annual growth rate through 2024, according to Everest Group, with hyperscalers such as Amazon Web Services (AWS), Google Cloud, and Microsoft Azure capturing more of the business IT spend.

AWS Cloud Services Company AllCloud Acquires Integress

AllCloud, a global professional services company and AWS Premier Consulting Partner providing organizations with the tools for cloud enablement and transformation, has acquired Integress, a data analytics firm, to broaden its cloud data and analytics capabilities and help clients accelerate their cloud journeys.

AWS Launches New Cloud Services for Healthcare, Amazon HealthLake

AWS has launched Amazon HealthLake, a HIPAA-eligible cloud service enabling healthcare and life sciences companies to ingest, store, query, and analyze their health data at scale.

Cloud Hosting Provider Linode Hires New Chief Information Security Officer

Linode, cloud hosting provider delivering its cloud services globally, has hired Joseph Zhou as its Chief Information Security Officer (CISO). He previously held CISO roles at Evive and Transworld Systems.

Managed Cloud Services Provider RapidScale Achieves VMware Cloud Verified Status

RapidScale, a U.S. based managed cloud services provider that was acquired by Cox Business almost three years ago, has achieved VMware Cloud Verified status. The Cloud Verified designation indicates that a provider offers the complete VMware-based software defined data center infrastructure delivered as a service.