According to the report global spending on public cloud services will come in at $494.6B in 2022 due to both growth in cloud-native infrastructure services and the trend towards hybrid work scenarios driven by the pandemic as well. 

According to the report, enterprise edge services market is expected to reach $214B by 2026. It also mentioned that the projection is more than double the current size of the enterprise edge services market which will reach $97B in 2022. 

Colt announced VMware is joining Colt’s Partner Hub ecosystem to bring a new managed SD WAN solution to the global market by combining VMware’s industry-leading SD WAN solution with high performance connectivity and best-in-class customer service from Colt. 

According to the report Helsinki, Stockholm, and Copenhagen are the top European hotspots for businesses to recruit highly skilled talent. The top 10 cities also include Berlin, Hamburg, Oslo, Munich, Vienna, Zurich, and Amsterdam.

The report revealed that 64% of consumers had already purchased a virtual good or taken part in a virtual experience or service in the 2021, that figure is expected to rise, as 83% show interest the metaverse. 

This report seeks to help telecommunications companies go from sustainability pledges and targets to next-level execution by identifying the technologies, platforms, and programs that will take them from good intentions to robust actions. 

According to Deutsche Telekom, there is a rise in digitization level of the German companies to an average of 59 out of 100 points in 2021. The businesses invested primarily in expanding their IT security and data protection. 

According to the findings phishing attacks rose 29% globally to a new record of 873.9M attacks observed in the ZscalerTM cloud last year. Retail and wholesale were the most targeted industries. 

According to the survey 55% of the data contained with a business is defined as ‘dark data’ that is unknown, uncaptured and critically unused. 84% of organizations agree that data represents the best opportunity to develop a competitive advantage.

According to Ciena's head, apart from the impending launch of 5G, the growing data center ecosystem and activities in the submarine space will result in an exponential growth during 2022 - 2023 in the optical transport segment in the country.

The Shanghai Economic and Information Technology Commission announced it had selected 666 local companies for exemption from the lockdown. Its "white list" includes at least 66 companies from the chip sector, among them chip fabs TSMC and SMIC, and Dutch equipment-maker AMSL.

Google Cloud has launched a new media and CDN platform that allows large media and streaming customers to tap into Google’s global YouTube network. The platform offers integrations with Google Cloud’s operations suite and other observability tools such as Grafana and ElasticSearch. 

Customers in Japan now have access to a fully cloud-based unified communication solution as Colt is now partnering with Ribbon. Colt Cloud SBC makes migrating voice to Microsoft Teams easier than ever.

TeleGeography forecasts that new subsea cable investment could exceed $10B from 2022-24. It also expects subsea cable spending to be bolstered by hyperscalers who are shifting their position.