Clover Infotech brings to you a curated round-up of important technology updates for the month of January’23.
The global cybersecurity market grew 15.9 per cent year on year to $17.8 billion in the third quarter this year, despite deteriorating economic conditions, according to a market research firm Canalys…Read more
#2 Automation Testing Market worth $52.7 billion by 2027: MarketsandMarkets
The global Automation Testing Market is expected to grow from USD 24.7 billion in 2022 to USD 52.7 billion by 2027, at a CAGR of 16.4% during the forecast period, according to a new report by MarketsandMarkets™. The growth is attributed to the rising demand for scalable and adaptable delivery models…Read more
#3 Microsoft and NIELIT Collaborate To Train Youth In Cybersecurity
Aiming primarily at underserved youth, women and jobseekers from remote areas, National Institute of Electronics & Information Technology (NIELIT) and Microsoft will deploy CyberShikshaa and Ready4Cybersecurity programs in 30 training centers of NIELIT in Tier 2 and Tier 3 towns, with a special focus on Jammu & Kashmir, Ladakh and states in the North-East region of India…Read more
#4 Gartner Forecasts Worldwide IT Spending to Grow 2.4% in 2023
Worldwide IT spending is projected to total $4.5 trillion in 2023, an increase of 2.4% from 2022, according to the latest forecast by Gartner, Inc. This is down from the previous quarter’s forecast of 5.1% growth. While inflation continues to erode consumer purchasing power and drive device spending down, overall enterprise IT spending is expected to remain strong…Read more
#5 Oracle Named a Leader in 2022 Gartner Magic Quadrant for Financial Planning Software
Oracle has been named a Leader in the 2022 Gartner® Magic Quadrant™ for Financial Planning Software for Oracle Fusion Cloud Enterprise Performance Management (EPM). The Magic Quadrant, which evaluated 14 companies, recognized Oracle as a Leader for its “Ability to Execute” and “Completeness of Vision”…Read more
#6 India’s Data Centre Capacity to Cross 1 GW Milestone by 2023: Savills India
The Indian data centre market is experiencing robust growth, driven by the country’s overall digitisation, aided by the government’s proactive steps, growing internet usage, and cloud computing. Considering the rapid rise in internet usage and the advent of 5G, the Internet of Things (IoT) and Artificial Intelligence (AI), India’s data centre market is poised for rapid expansion, said property consulting firm Savills India…Read more
#7 Microsoft to Add ChatGPT to Azure OpenAI Service: CEO Satya Nadella
Microsoft said that it would add OpenAI’s popular artificial intelligence bot ChatGPT to its cloud-based Azure service in the near future. The software giant also announced the ‘general availability’ of its Azure OpenAI Service that gives customers access to various AI tools for use in their own applications. The announcement was also tweeted by Satya Nadella, Microsoft CEO, which stated the general availability of Azure OpenAI service to the customers…Read more
#8 Oracle introduces new logistics capabilities into Fusion Cloud SCM
To help organizations increase the efficiency of global supply chains, cloud major Oracle is introducing new logistics capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The updates to Oracle Transportation Management (OTM) and Oracle Global Trade Management (GTM), part of Oracle Cloud SCM, help customers reduce costs, improve accuracy, automate regulatory compliance, and enhance logistics flexibility…Read more
#9 Microsoft reportedly bringing ChatGPT to Bing to counter Google Search
Microsoft said that it would add OpenAI’s popular artificial intelligence bot ChatGPT to its cloud-based Azure service in the near future. The software giant also announced the ‘general availability’ of its Azure OpenAI Service that gives customers access to various AI tools for use in their own applications. The announcement was also tweeted by Satya Nadella, Microsoft CEO, which stated the general availability of Azure OpenAI service to the customers…Read more
Zero trust is top of mind for most organizations as a critical strategy to reduce risk, but few organizations have actually completed zero-trust implementations. Gartner, Inc. predicts that by 2026, 10% of large enterprises will have a mature and measurable zero-trust program in place, up from less than 1% today…Read more
