Why companies still want in-house data centres
The unlikely persistence of on-premises computing in the cloud age
Sometimes it seems as if the cloud is swallowing corporate computing. Last year businesses spent nearly $230bn globally on external (or “public”) cloud services, up from less than $100bn in 2019. Revenues of the industry’s three so-called “hyperscalers”, Amazon Web Services (AWS), Google Cloud Platform and Microsoft Azure, are growing by over 30% a year. The trio are beginning to offer clients newfangled artificial-intelligence (AI) tools, which big tech has the most resources to develop. The days of the humble on-premises company data centre are, surely, numbered.
This article appeared in the Business section of the print edition under the headline “Head out of the clouds”
Business October 7th 2023
- America’s bosses grapple with threats to diversity policies
- Inside the secretive business of geopolitical advice
- The Indian business of blowing things up is booming
- Bill Ackman wants another shot at shaking up IPOs
- How to make hot-desking work
- Why companies still want in-house data centres
- So long iPhone. Generative AI needs a new device
From the October 7th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
DeepSeek poses a challenge to Beijing as much as to Silicon Valley
The story of Liang Wenfeng, the model-maker’s mysterious founder
Nvidia is in danger of losing its monopoly-like margins
But don’t count it out yet
DeepSeek sends a shockwave through markets
A cheap Chinese language model has investors in Silicon Valley asking questions
Germans are world champions of calling in sick
It’s easy and it pays well
Knowing what your colleagues earn
The pros and cons of greater pay transparency
A $500bn investment plan says a lot about Trump’s AI priorities
It’s build, baby, build