There needs to be a better plan
NTT's ‘2020 Global Network Insights Report’ has found that as businesses move applications to multi-cloud environments, investment in the cloud is outpacing organisations’ on-premises infrastructure spend.
Unstructured data storage
Dell EMC PowerScale, a new family of unstructured data storage products engineered to help organisations store, manage and capitalise on the massive growth of unstructured data – video, audio, images, documents, health records, and metadata.
But cloud still making money
Beancounters at Gartner have added up some numbers and divided them by their collective shoesize and reached the conclusion that global tech spending will drop eight percent in 2020.
$3.16 billion, data center 22 percent revenue growth
The fiscal year 2020 (April 2019 to April 2020) was a challenging year for anyone trading with China due to the US government pressures on Huawei. Despite all these challenges, Xilinx managed to make $3.16 billion revenue or three percent higher, year over year.