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The open source industry is booming as firms invest billions in ecosystem each year
The open source software industry is booming, according to recent analysis, with organizations now investing around $7.7 billion in the ecosystem each year. Researchers from GitHub, the Linux Foundation, and the Laboratory for Innovation Science at Harvard (LISH) found the median investment in open source now stands at $520,600 on a business-by-business basis. This isn’t all direct funding, however, with…
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The data analytics market is booming – here’s why
The global data analytics market is growing fast, driven by advancements in IoT, cloud computing, and AI, according to new research from GlobalData. With data volumes projected to exceed 175 zettabytes by 2025, the total data analytics market is set to grow at a compound annual growth rate (CAGR) of 11.1% between 2023 and 2028, hitting $190 billion in 2028.…
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AI is paying dividends for Dell Technologies – booming server sales and rapid networking growth have taken the edge off a rocky period
Dell Technologies’ recent earnings call shows its AI focus is beginning to bear fruit despite a rocky start in the generative AI race, with the tech giant reporting record growth for server and networking products. Revenue surged 9% to $25 billion in the last quarter, the company revealed. The positive quarterly results follow massive job cuts at the hardware maker.…
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