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Tag: enterprises

  • Enterprise spending on cloud surged to almost $130 bln in 2020

    Enterprise spending on cloud surged to almost $130 bln in 2020

    According to the findings of Synergy Research Group, enterprises are continuing to spend heavily on cloud infrastructure. In fact, this spending grew by 35% in 2020 to reach almost $130 billion.

    On the other hand, enterprise spending on data center hardware and software dropped by 6% to under $90 billion. “This continued a decade-long trend of explosive growth in cloud and virtual stagnation in the market for enterprise-owned data center equipment,” stated Synergy.

    Due to the COVID-19 pandemic in 2020, the shift in worldwide IT operations is observed. In detail, the average annual spending growth for data centers was just 2%, while for cloud services it was 52%. Cloud services include infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and hosted private cloud.

    “Over the last 10 years, we have seen a dramatic increase in computer capabilities, increasingly sophisticated enterprise applications, and an explosion in the amount of data being generated and processed, resulting in an ever-growing need for data center capacity. However, 60% of the servers now being sold are going into cloud providers’ data centers and not those of enterprises,” said John Dinsdale, a chief analyst at Synergy Research Group. “We do not expect to see such a drastic reduction in spending on enterprise data centers over the next five years, but for sure we will continue to see aggressive cloud growth over that period.”

    Within the $130 billion cloud infrastructure services market, the major segments with the highest growth rates over the decade were mainly within PaaS, especially database, Internet of Things (IoT), and data analytics. In line with this, the IaaS share of the total market held reasonably steady while managed private cloud service share declined somewhat.

    In 2020, worldwide spending on enterprise data center hardware and software was $89 billion. The major segments with the highest growth rates over the decade were virtualization software, Ethernet switches, and network security. Overall, the server share remained steady while storage share declined.

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  • Almost 77,000 new enterprises operative in H1

    Almost 77,000 new enterprises operative in H1

    There were 61,276 newly-established enterprises in Vietnam in the first half of this year with total capital of VND596.196 trillion ($26.22 billion), according to the Ministry of Planning and Investment (MPI).

    Numbers were up 12.4 per cent year-on-year while capital was up 39.4 per cent. Average capital was VND9.7 billion ($42,600), a 24.3 per cent increase year-on-year.

    There were also 18,100 enterprises adding capital in the first half, totaling VND859.186 trillion ($37.7 billion), for new and additional capital of some VND1,455 trillion ($64 billion).

    MPI’s figures also reveal that the number of newly-established enterprises and capital grew each year in the first half from 2013 to 2017.

    The number of newly-established enterprises in the first half of 2017 increased 1.5-fold compared to the first half of 2013.

    Registered capital and average capital in the first half of this year rose three-fold and 1.8-fold, respectively, compared to the first half of 2013.

    Most sectors saw newly-established enterprises in the first half.

    There were almost 2,280 in real estate, up 68.3 per cent year-on-year, 679 in banking, finance and insurance, up 37.2 per cent, and 318 in healthcare and social assistance, up 30.9 per cent.

    In education and training, 1,597 enterprises were newly-established, an increase of 30.4 per cent, and in electricity, water, and gas production 442, a 23.1 per cent increase.

    Some 15,380 enterprises also returned to operations in the first half after temporarily suspending operations, up 3.2 per cent.

    There were also, however, 14,377 enterprises temporarily suspending operations in the first half, an increase of 17.8 per cent year-on-year.

    The number of enterprises ceasing business or waiting for dissolution was 23,530, up 24.4 per cent year-on-year.

    Of these, 5,443 enterprises completed procedures for dissolution, down 1.2 per cent.

    Some 91.5 per cent of enterprises ceasing operations or temporarily suspending operations had registered capital of less than VND10 billion ($439,800), up 23.1 per cent.

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  • Telkom launches 1Gbps broadband for enterprises

    Telkom launches 1Gbps broadband for enterprises

    Indonesia’s PT Telkom has launched a new line of high-speed broadband services for enterprise customers offering speeds of up to 1Gbps.

    The operator’s new Smart Office Pro services are designed to meet business customers’ requirements for high-speed broadband in the digital age.

    The company is offering a 1Gbps package bundled with up to 1,000 minutes of free voice calls, IPTV and bundled services including storage, hosting and managed services.

    At a press conference announcing the new offers, Telkom director enterprise and business services Muhammad Awaluddin said the service aims to help customers benefit from increased efficiency, flexibility, stability, sustainability ad continuity.

    He added that the launch is in line with the operator’s commitment to building a digital society in Indonesia, which itself also aligns with the government’s vision of transforming the nation into a digital economy.