Tag: IT spending

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The Week in IT news: CPU Merges with RAM and 2021 IT Spending

The week in IT news. CPU merges with RAM, CIO's top budget priorities for 2021, and cloud spending surpasses on-prem for first time

Here’s what happened this week in IT news.

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News story #1: CPU + RAM: the way ahead?

Computers will soon be faster thanks to the fusing of CPUs and RAM. This is accordingly to that’s what SK Hynix CEO Seok-Hee Lee thinks. 

The head of the world’s second-largest memory maker behind Samsung made this prediction during his keynote address at IEEE’s International Reliability Physics Symposium. Assuring that the central processing unit and the memory will eventually be integrated within a single die to deliver higher performance computing systems.

To achieve this feat, Lee, whose company only produces memories and not CPUs, believes the chip manufacturing industry will need to come together and adopt a collaboration model focused on open innovation.  

The Register

News story #2: Top budget priorities for CIOs

IDG’s annual State of the CIO survey clearly shows how the pandemic has affected IT spending. After a 2020 impacted by tightening budgets and a sole focus on mission-critical initiatives, the priorities for this year are somewhat widening.

This year’s three main business drivers for IT are transforming business processes, increasing cybersecurity protections and improving customer experience. 

To do so, CIOs will be putting most of their money into technologies. This will include data and business analytics, security and risk management, cloud-based enterprise applications and customer experience technologies. Global budgets are expected to increase by 6.2% to cover this broader spectrum. 

CIO

News story #3: Cloud spending (finally) surpasses on-prem

And speaking of spending —  enterprise cloud spending topped that made on data centers for the first time last year. Nothing too unexpected in terms of IT news of the week. But one thing is to know change is coming, and a whole different story is to have confirmation.

A global report by the Synergy Research Group reveals businesses spent 35 percent more on cloud-based solutions, taking the total up to almost $130 billion. Conversely, spending for on-premise solutions went down six percent to less than $90 billion. 

CIOs are spending most of their cloud budget on servers storage, security and software. When it comes to software, however, it is important to mention that the report mainly looked at server OS and virtualisation software — comparing software-as-a-service with on-prem business apps software would render way different results.   

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Businesses are Preparing the Return to Activity

IT News

Almost two months after the start of the global lockdown, some parts of the world are slowly starting to reopen. People walk the streets and are allowed in stores again, albeit under strict social distancing guidelines. 

Business is ready to get back on track, but companies now face the double challenge of ramping up activity and adapting to a new normal. Last week we discussed how investing in IT is crucial to enterprise survival and recovery – this week we saw some positive signs confirming this trend.

Many multinational companies are hiring for their Indian offshore IT centres, while the country’s demand for senior positions related to digital transformation remains strong.  

As yesterday’s Harvard Business Review article reminds us, the key to digital transformation is talent, not technology.

Microsoft is doing more than well

It was not that long ago that Microsoft seemed destined to take a more secondary role in the future of enterprise technology. But the company bounced back.

This week was packed with news from the Redmond, Virginia company — from a 59% quarterly increase in cloud revenue to an upcoming update to its VMware Azure integration.

More about Microsoft’s momentum in our latest industry snapshot. Spoiler alert: you could win up to $200K if you beat the company’s new hacking challenge.

More on contact tracing

This week we got more details on the upcoming contact tracing technology that Apple and Google are developing to help fight the spread of COVID-19. 

Addressing what has been one of the most contentious points of debate, the duo said their app will not permit the use of location tracking. The full system, which is expected to be released mid-May, will rely instead on Bluetooth to safeguard user privacy. 

Meanwhile, the UK’s National Health System, started testing an app that uses a similar approach. 

The solution leverages (the ironically named) Bluetooth Low Energy handshakes to tell whether a person might have been in contact or not with an infected individual.

News from the frontlines

One more week, the tech world keeps up the fight against the pandemic. This week…

Cybercrime has spiked amidst global chaos and the rise of remote work. Regrettably, healthcare institutions are among the hardest hit. 

A group of security companies and professionals calling themselves the Cyber Alliance to Defend our Healthcare have struck deals to protect a series of hospitals and national health organisations across Europe. The U.S. will be their next area of focus.

Meanwhile, Ciaran Martin, chief of the UK’s National Cybersecurity Centre, has pledged to redouble the body’s efforts to protect the country’s hospitals and health system.

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IT as the Key for Resilience and Recovery

IT News

This global crisis has taught us a few things. One of the most transformative outcomes of the pandemic will be the collective realisation of what really matters in life – and in business.

Job stability and meaningful projects, health, human contact. At a time when we’ve come to question everything that was part of our day-to-day, technology has proven to be indispensable. A lifeline connecting us to the rest of the world.

Now more than ever, IT departments hold the key to organisational resilience and recovery. Find out why.

Head in the clouds

The cloud industry’s momentum seems unstoppable. It was only last week that we were discussing how cloud providers are extremely well-positioned to benefit from the current situation.

This week, we got some more good news for the cloud folk. Despite taking a considerable hit in online advertising, Google has increased cloud revenue by 52%.

Additionally, the company’s Anthos platform is now live on AWS. Additionally, Oracle has scored a major win by securing Zoom’s cloud business. Video calls have surged amidst the global lockdown. The American company has emerged as the biggest beneficiary.

News from the frontlines

A look at the week in tech news. Join us on a tour around the globe to see how tech is facing COVID-19 head-on. This week…

Tech giants, from NVIDIA to PayPal, have made a commitment to maintaining all employees throughout the crisis. This move, again, highlights the strategic importance of having a robust IT team. Even if it hurts you in the short term, it will prove more than worthy once the storm is over.

But some are not following this advice, endangering their operations, customers and partners. Some companies are trying to reduce overall IT costs by making their security experts shift to regular IT support tasks — that can prove disastrous for cybersecurity, accentuating the strain on enterprise networks.