Industry news

Global spending for cloud is predicted to be up by 18.4% in 2021 according to Gartner’s recent report due to increasing demand for remote services.

Gartner also predicts that cloud will account for 14.2% of total global enterprise IT spending in 2024.

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Microsoft is starting to enter the 5G network market. This comes as Huawei 5G Technology has been banned across the UK and as Microsoft has signed contracts with Verizon, Vodafone and Deutsche Telekom. 

Microsoft is marketing themselves as partners to networking operators like Vodafone in order to reduce delays in transmitting data over the network. 

They are facilitating the 5G network with Azure data centres and cloud services.

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French IT companies, Atos has launched a “one stop shop” service for enterprises that are looking for a way to migrate to cloud in a quick and sustainable way.

Atos OneCloud is planned to increase their use of private, public and hybrid cloud resources.

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Huawei’s budget smartphone, Honor is being sold to a consortium in a scrabble to save Huawei after numerous countries have imposed trading restrictions on Huawei Technology due to data security concerns.

The consortium will consist of more than 30 dealers and investment firms. Huawei won’t hold any shares in Honor once it’s sold

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Companies are always considering new innovative was to improve efficiency. During the pandemic many companies have considered adopting cloud and 5G technology.

COVID-19 has pushed companies to invest more in technology such as cloud but also technology platforms like Zoom and Teams in order to create unified communication in a remote setting. Most companies have had to invest in networking infrastructure to facilitate this.

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Apple's latest MacBook Pro will be powered by their own chips.

The M1 chip is expected to provide 20 hours of video playback on a single battery charge. These claims haven’t been confirmed by independent testing yet.

Apple previously relied on Intel for chips which could only run less than 10 hours of video playback in one battery charge.

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The European competition commissioner is set to report antitrust charges against Amazon over concerns that they are collecting data in order to compete against rival firms. 

The US Justice Department and Federal Trade Commission is also investigating Amazon for antitrust violations.

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Nokia has signed a contract with A1 Austria to provide “industrial-grade private wireless technology and services” to LTE and 5G campus network deployments.

A1 Austria provides digital services and communications. 

Nokia will deliver operational support for their existing campus networks in order to drive digital transformation. They will also provide infrastructure, software and services to set up private LTE networks. 

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The UK Government's use of management consultancy firms has increased during the pandemic in order to source PPE and healthcare equipment. 

News reports are now suggesting that the UK Government wants to create an in-house consultancy firm - "Crown Consulting." 

This in-house consultancy firm will reduce the government's reliance on private sector consultancy firms such as Deloittes.

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Bitcoin’s share price hit $14,900 this week, the highest level since January 2018. This comes during the US election uncertainty and as investors hope that more central bank stimulus will be available to support economies hit by the pandemic.

Bitcoin’s share price has been rising as digital payment companies such as PayPal have announced that they will accept Bitcoin to purchase goods and services on their platform.

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