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Podcast: Business of Tech: Daily 10-Minute IT Services Insights
Episode: SMB vs. Mid Business Outlooks. Maryland's New Privacy Law & Cybersecurity Shift at RSA Conference
Description: One of the key insights from the podcast episode is the projection that the global IT services market is expected to reach $2 trillion by 2028. This growth is primarily attributed to cloud modernization, with hyperscalers like AWS, Microsoft, and Google Cloud leading the way. These hyperscalers are driving the growth in the market, particularly in the area of infrastructure-as-a-service (IaaS), where spending is expected to double in the next five years. The rise in the value of GPU sales, as mentioned in the episode, is also contributing to this trend. The increase in GPU sales is linked to t...