Enterprise Weekly #422: Enterprise Spend Grows, Spring Health's $2.5B Valuation, and More
workbench.substack.com
According to a new Gartner forecast, global public cloud spend is predicted to grow almost 28% to $597B in 2023, up from $491B in 2022. Gartner says generative AI plays a large part in this growth as cloud offers a scalable solution to the booming large language model (LLM) market, which requires powerful computing capabilities to process data in real-time.
Enterprise Weekly #422: Enterprise Spend Grows, Spring Health's $2.5B Valuation, and More
Enterprise Weekly #422: Enterprise Spend…
Enterprise Weekly #422: Enterprise Spend Grows, Spring Health's $2.5B Valuation, and More
According to a new Gartner forecast, global public cloud spend is predicted to grow almost 28% to $597B in 2023, up from $491B in 2022. Gartner says generative AI plays a large part in this growth as cloud offers a scalable solution to the booming large language model (LLM) market, which requires powerful computing capabilities to process data in real-time.