NexGen Cloud’s $1bn AI supercloud to turbocharge AI in Europe

Europe

NexGen Cloud, a sustainable Infrastructure-as-a-Service provider, announced plans and funding for one of Europe’s first AI Supercloud deployments to support the development and growth of AI enterprises.

UK-based NexGen Cloud, an Elite member of the NVIDIA Partner Network, plans to invest $1 billion to build its AI Supercloud in Europe, with $576 million already committed in hardware orders with suppliers. The AI Supercloud will provide a dedicated compute-intensive platform for...

10 October 2023 | Banking & Finance

Global cloud comms revenue to grow at 18.3% CAGR over 2022-2027

Cloud communications is expected to witness a substantial growth over the next five years, as businesses are switching from legacy PBX solutions to cloud communications and opting for a pay-as-you-go model to optimise expenses and avoiding upfront investments.

Against this backdrop, the cloud communications market size is anticipated to grow at a compound annual growth rate of 18.3% from $78 billion in 2022 to $180.7 billion in 2027, forecasts GlobalData, a data and analytics...

9 October 2023 | Banking & Finance

Red Hat and Oracle bring Red Hat OpenShift to Oracle Cloud Infrastructure

Red Hat, a provider of open source solutions, and Oracle, have expanded their alliance to offer customers a greater choice in deploying applications on Oracle Cloud Infrastructure (OCI).

As part of the expanded collaboration, Red Hat OpenShift, the industry’s leading hybrid cloud application platform powered by Kubernetes for architecting, building, and deploying cloud-native applications, will be supported and certified to run on OCI. 

Red Hat OpenShift on OCI...

25 September 2023 | Applications

Friction between finance and tech leaders prevents companies from controlling cloud spend

Vertice, an optimisation platform for SaaS and cloud spend, has unveiled the results of its global survey, 'The State of Cloud Cost Optimisation', which reveals that organisations are being held back from controlling their cloud spending and gaining ROI because of a lack of alignment between finance and tech leaders.

Amidst cloud costs rising by an average of 35% year on year, Vertice surveyed 600 senior finance and tech leaders in the US and UK and found that cutting cloud...

21 September 2023 | Applications

Oracle Cloud Infrastructure joins VMware Cloud Universal Program

VMware has expanded its ongoing partnership with Oracle to help customers modernisie their VMware workloads on Oracle Cloud Infrastructure (OCI).

Under the expanded partnership, customers will be able to subscribe to Oracle Cloud VMware Solution as part of VMware Cloud Universal, a flexible purchasing and consumption program that helps businesses simplify procurement and accelerate adoption of eligible VMware Cloud services. The VMware Cloud Universal program is...

12 September 2023 | Cloud Computing

Kyndryl signs agreement with HMRC to modernise critical tax infrastructure for UK citizens

Kyndryl, an IT infrastructure services provider, has partnered with HMRC through to end of September 2024.

Drawing on Kyndryl’s position in managed services, the deal will see Kyndryl continue to manage a proportion of HMRC’s (His Majesty’s Revenue and Customs) mainframe services while Kyndryl Consult will undertake discovery work to prepare for cloud migration and modernisation. Building on an existing relationship, Kyndryl will now continue to accelerate the...

11 September 2023 | Banking & Finance

£100m John Lewis and Google Cloud partnership accelerates tech transformation

The John Lewis Partnership, the UK's largest employee-owned company, has formed a strategic partnership with Google Cloud, worth £100m over the next five years. The move represents a major expansion of the successful relationship it has had with Google since 2012.

This collaboration marks a significant step forward in the John Lewis Partnership’s digital transformation of its brands, John Lewis and Waitrose, and its ambitions to provide customers with even more tailored and...

9 August 2023 | Cloud Computing

Oracle partners with AMD to create faster, low-cost cloud compute

To make it easier for organisations to balance price and performance in their cloud environments and reduce costs, Oracle plans to make available new Oracle Cloud Infrastructure (OCI) Compute E5 instances with 4th generation AMD EPYC processors.

Unlike other cloud providers’ rigid instance options that bind organisations to paying more for unused computing resources, flexible instances from OCI allow customers to allocate cores and memory as...

22 June 2023 | Cloud Computing

HCLTech and Google Cloud expand partnership on generative AI

Google Cloud Office

HCLTech, a specialist global technology company, and Google Cloud have expanded their strategic partnership to help enterprises leverage generative artificial intelligence (AI) and develop joint solutions powered by Google Cloud’s generative AI technologies.

HCLTech is actively using Google Cloud’s large language models (LLMs) to develop generative AI capabilities for its clients across three core domains: industries, enterprise functions, innovation and technology...

19 June 2023 | Cloud Computing

Alcatel-Lucent launches new Partner Programme for 3,400 partners 

Alcatel-Lucent Enterprise, a provider of communications, cloud and networking solutions tailored to customers’ industries, has launched its new global partner programme, the 360 Partner Experience (360PX) that delivers a unique partner journey tailored to each organisation.  

The programme was developed to support ALE’s worldwide network of 3,400 partners and accelerate their proficiency and growth on the company’s end-to-end (E2E) portfolio spanning...

13 April 2023 | Collaboration