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Data centre IT semiconductor market to grow to $286 billion

According to a newly published forecast report by Dell’Oro Group the worldwide data center IT semiconductors market, which includes the major components for servers and storage systems, is set to achieve a five-year compound annual growth (CAGR) rate of 25 percent, reaching $286 billion by 2028. We project accelerators, consisting mostly of GPUs, to account for nearly half of the total market.

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NEWS

AI is the catalyst for data centre spending

According to a recently published report from Dell’Oro Group, worldwide data center capex is forecast for a compound annual growth rate of 18 percent as investments shift towards AI. We anticipate accelerated computing that are optimized AI workloads will account for a quarter of the data center capex.

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NEWS

Starline launches Critical Power Monitor

Starline, a brand of Legrand, has unveiled Starline’s third generation of Critical Power Monitor products, the M70 CPM. Initially introduced in 2014, the Starline CPM has been the preferred method of data center busway power monitoring for major data center providers globally.

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NEWS

Generative AI – a $100bn market by 2028

According to a study carried out by Sopra Steria Next, the generative artificial intelligence (GenAI) market is set to grow exponentially between now and 2028. Among the initial findings, the study shows a more than tenfold increase in the generative AI market, from around $8 billion (USD) in 2023 to more than $100 billion in 2028.

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NEWS

Telkom Indonesia and Indosat Ooredoo Hutchison form strategic partnership

Game-changing partnership will act as a catalyst to ignite Indonesia’s digital economy.

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NEWS

Legrand acquires ZPE Systems, Inc.

Legrand has announced its acquisition is complete of ZPE Systems, Inc., a Fremont, California-based company that offers critical solutions and services to deliver resilience and security for customers’ business critical infrastructure.

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Latest Video

Australian fish farm undergoes IT upgrade by investing in edge infrastructure

Australian fism farming company Tassal looked at harnessing IT to make its business of growing salmon more sustainable and cost-effective. It invested in an integrated IT solution powered by Vertiv and Dell EMC for its business in Tasmania.

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Telehouse paves way for cutting-edge data centre in London Docklands

Telehouse International breaks ground on its £275m Telehouse West Two data centre, supporting...

Apx rebranding to navigate evolving data centre needs

Apx, formerly LFB Group, rebrands in data centre cooling solutions in the evolving tech landscape.

StorMagic welcomes Scott Mann as global SVP of sales

StorMagic appoints Scott Mann as Global SVP of Sales to drive international growth and enhance...

Cloudera announces support for Apache Accumulo

Cloudera has announced its formal support for, and integration with, Apache Accumulo, a highly...

Dell launches first European Internet of Things (IoT) lab

Dell launches IoT lab in Limerick, Ireland, to enable customers to create innovative,...

EfficiencyIT awarded prestigious Royal Warrant of Appointment

EfficiencyIT has been awarded a Royal Warrant of Appointment by His Majesty King Charles III,...

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