According to a new study by Grand View Research the global multi-cloud management market is projected to reach a value of USD 56.02 billion by 2030, growing at a CAGR of 28.0% from 2023 to 2030. The increasing emphasis on AI, automation, efficiency, and effective governance processes is expected to drive the adoption of multi-cloud management solutions in organizations. Moreover, growing concerns over the reliability of a single cloud are anticipated to play a decisive role in driving the adoption of multi-cloud management solutions.
Cloud
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End-to-end, no-code multi-cloud management application platform emma, today announces that it has raised $6 million in Seed funding in a round led by RTP Global, with participation from AltaIR Capital and CircleRock Capital.
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Amazon Web Services (AWS) and AI startup Hugging Face will be partnering to bring the language generation tool to customers of the AWS cloud. This announcement illustrates the heated arms race in AI, which saw both Microsoft and Google investing heavily in AI.
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ABB has enhanced its RobotStudio robot programming and simulation software with cloud-enabled functionality. The new RobotStudio Cloud enables individuals and teams to collaborate in real-time on robot cell designs from anywhere in the world, on any device. New features such as automatic version control increase transparency and productivity across teams. The software’s simplified interfaces and intuitive navigation allow users of all skill levels to work on robotic projects.
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Cloud infrastructure services continued to be in high demand in Q2 2022. Worldwide spending increased 33% year on year to US$62.3 billion, driven by a range of factors, including demand for data analytics and machine learning, data center consolidation, application migration, cloud-native development and service delivery.
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Bots & BusinessInternationalSpotlight
The future of automation: cloud robots, AI and machine learning
Part of the content attendees of Together Amsterdam 2022 get to see is some revolutionary innovation in automation, especially as it comes to robots as a service, cloud, artificial intelligence and machine learning. One of the presenters on this topic will be Bogdan Ripa, VP Product Management at UiPath. Rocking Robots sat down with him to discuss the new ways business users can interact with robots.
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AWS has announced its IoT RoboRunner is now available in preview in parts of the US and Europe. AWS IoT RoboRunner is a robotics service for enterprises to build and deploy applications that help fleets of robots work together seamlessly. With AWS IoT RoboRunnerthey can build applications that make it possible to interoperate and orchestrate robots from a single view by reducing the complex development work required to connect robots to each other and the rest of your industrial software systems.
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China’s cloud infrastructure market grew 54% year on year in Q2 2021 to US$6.6 billion, led by Tencent Cloud, which grew 92%. Tencent Cloud accounted for nearly 19% of total cloud infrastructure spending in China, but remained third behind Alibaba Cloud and Huawei Cloud, and ahead of Baidu AI Cloud. The four Chinese Cloud Titans managed to maintain their dominance of the market, collectively growing 56% to account for 80% of total cloud spending.
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Cloud infrastructure services spending increased 36% to US$47.0 billion in Q2 2021, as workload migration and cloud native application development accelerated. According to the latest Canalys data, expenditure was over US$5 billion higher than the previous quarter and over US$12 billion more than Q2 2020.
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Cloud infrastructure services spend in China jumped 55% in Q1 2021, reaching US$6.0 billion. Total expenditure increased US$2.1 billion compared with Q1 2020 and over US$200 million on the previous quarter according to the latest Canalys data. The dollar-for-dollar annual expansion slowed on a sequential basis, highlighting some disruption to the Chinese cloud service providers’ businesses. But cloud infrastructure services growth in China continued to outpace the rest of the world, supported by the government making it a top strategic priority.
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