Worldwide public cloud services revenues grew 19.9% YOY in 2023

The International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker reveals that the global revenue for the public cloud services market totaled $669.2 billion in 2023, an increase of 19.9% from 2022. Revenue sources Software as a Service—Applications (SaaS—Applications) (45%), Infrastructure as a Service (IaaS) (19.9%), Platform as a Service (PaaS) (18.4% ), and Software […]
Security professionals call for extra security measures amidst data leak on food giant

Urgent action is needed as security professionals from Synopsys warn companies to immediately implement extra security measures in response to a reported data breach at Jollibee Foods Corp (JFC) that has potentially exposed the personal information of 11 million customers. Kelvin Lim, the senior director of Security Engineering at Synopsys Software Integrity Group, said, “No […]
The what, why and how of AI governance in 2024

During the AI for Business Leaders Summit series, Heather Gentile, executive director of product watsonx.governance for IBM DATA AND AI, made it clear that any effort to tap into the potential of artificial intelligence needs to ensure that the data that feeds the AI engine is clean to mitigate the risks associated with early use […]