Consulting business flips from declines to growth, while growth in cloud services slows, and cloud systems declines. Cognitive solutions sales flat.
CFOs may cut spending as they prepare for a possible recession, but a reduction in companies' cloud usage is unlikely.
DCK Investor Edge: Annual report by North American Data Centers lifts the curtain on the largest cloud platforms’ server farm leasing activity.
VC funding of AI companies soared 72 percent last year, hitting a record $9.3 billion...
Funds that have traditionally focused on investing in things like toll roads and airports are now actively seeking data center investment opportunities.
DCK Investor Edge: Data center provider hires a Wall Street pro to help its public-market position
Oracle reported a strong sales forecast, signaling that it expects greater customer demand in its transition to becoming a cloud provider
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Dell Technologies won a shareholder vote to return to public markets...
Interconnection giant’s execs address Wall Street’s concern that virtual fabrics like Megaport may eat into its bread-and-butter cross-connect business.
Recent milestones make it very likely that a majority of shareholders will approve the current offer to go public.