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

Salesforce to invest $4 billion in its UK business over five years

Salesforce, a specialist in CRM, has revealed it plans to invest $4 billion in its UK business in the next five years.

Salesforce is experiencing rapid growth in the UK as companies invest in their digital transformations and leverage the incredible innovation cycle around artificial intelligence. The company has been investing in the UK over many years and this new investment builds on a previous five-year investment of $2.5 billion announced in 2018. This continued investment...

5 July 2023 | Cloud Computing

UK and Ireland CIOs prioritise cloud investment despite macro headwinds 

Cloud remains a long-term investment priority for 60% of major corporations in the UK and Ireland, despite current macro headwinds and the recent slowing of growth of global cloud providers.

This is according to Tata Consultancy Services’ latest survey of senior business leaders worldwide, ‘Connected Future: How Cloud Drives Business Innovation’.

The global survey of 972 senior executives included 102 respondents from across the UK and Ireland. It reveals that...

15 June 2023 | Cloud Computing