SA's cloud market to expand to R113bn by 2028

The high level of investment made by global cloud hyperscalers is supporting the growth of SA’s cloud market.

The firm notes the growth is being driven predominantly by many businesses and government institutions implementing digital transformation to become cloud-first organisations to improve their business priorities and outcomes. Large investments made by global cloud hyperscalers in SA also contribute to the market’s growth.

“There has also been an increase in investments from hyperscalers like Alibaba, AWS , Huawei and Microsoft Azure. As a result of these investments, the demand for wholesale co-location data centres in the country surged.”According to Ngwenyama, AWS, Microsoft and Google Cloud dominate the South African cloud market, accounting for the largest share.

“As a result, South Africa began to see unprecedented growth in data centre investments from global data centre operators, and regional as well as local operators that sought to expand their data centre facilities.” “However, we are seeing that more enterprises are shifting to a hybrid cloud model where they are using on-premises or hosted IT resources in co-ordination with public cloud services, which enables them to accommodate future peak capacity and comply with data residency requirements.”

“This is common among large organisations that have existing IT equipment they have heavily invested in. A hybrid strategy confers benefits of cost, agility and resilience to organisations when their technology supplier or cloud service provider can help them reduce the cost of operating their IT resources in a diverse environment.”

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The South African company making fuel from seaweedSeaH4 founder Johannes Bochdalofsky says the company could start producing biofuel at scale by 2028.
Источник: mybroadband - 🏆 11. / 67 Прочитайте больше »

Africa: Investment in Rail Critical for Africa's Socio-Economic GrowthPresident of the Southern African Railways Association (SARA), Hishaam Emeran, has called on the African continent to harness the potential of rail as it has a critical role to play in growing the economy and creating jobs.
Источник: allafrica - 🏆 1. / 99 Прочитайте больше »

Africa: COP29 High Level Dialogue - AU Commissioner Highlights Unlocking Finance for Energy in AfricaJune 24, 2024 - London: The COP29 Presidency convened its second high-level consultation meeting on energy transition in London, United Kingdom. Hosted by Mr.
Источник: allafrica - 🏆 1. / 99 Прочитайте больше »