Posts Tagged ‘investment’
- Cloud computing will be a key driver of net new IT spending over the next five years as public cloud service providers and the adopters of private cloud environments invest in the supporting infrastructure.
- According to a new report from International Data Corporation (IDC), ‘Worldwide Enterprise Storage for Public and Private Cloud 2011-2015 Forecast: Enabling Public Cloud Service Providers and Private Clouds’, overall spending by public cloud service providers on storage hardware, software, and professional services will grow at a compound annual growth rate (CAGR) of 23.6 per cent from 2010 to 2015.
- While enterprise spending on storage for the private cloud will experience a CAGR of 28.9 per cent. By 2015, combined spending for public and private cloud storage will be $22.6 billion worldwide.
- Despite current economic uncertainties, IDC expects cloud service providers — both public and private — to be among the most expansive spenders on IT products and services as they continue to build out their facilities worldwide and expand their service options,” said Richard Villars, vice president, Storage Systems & Executive Strategies, IDC.
- The most significant driver of storage consumption over the past three years has been the emergence of public cloud-based application and infrastructure providers. Many of these cloud-based service providers (e.g., iTunes, Netflix, YouTube, Facebook) act as content depots, which are primarily in the business of gathering, organizing, and providing access to large quantities of digital content.
- Meanwhile, other cloud-based service providers have emerged with a focus on delivering IT infrastructure and applications in an “as a service” model (e.g., salesforce.com, WebEx Connect, Amazon Web Services, etc.). Over the past several years, these companies have undertaken massive storage build-outs as they have expanded their service offerings, entered new markets, and extended their geographic reach.
- Enabling more efficient delivery of information/applications to Internet-based customers
- Reducing upfront infrastructure investment levels (i.e., cutting the cost and time associated with deploying new IT and compute infrastructure)
- Minimizing internal IT infrastructure investment associated with “bursty” or unpredictable workloads
- Lowering and/or distributing the ongoing costs associated with long-term archiving of information
- Enabling near-continuous, real-time analysis of large volumes and wide varieties of customer-, partner-, and machine-generated data (Big Data)
Tags: application as a service, big data, cloud based service providers, cloud storage, cloud workloads, compute infrastructure, hardware, investment, it infrastructure, news, private cloud, public cloud, software, software and hardware professional services, storage, technology, Worldwide Enterprise Storage for Public and Private Cloud 2011-2015
- New Delhi, (IANS) India’s telecom sector received foreign direct investment (FDI) of Rs.48,220 crore in the last 11 years – 8 percent of the total FDI the country received.
- FDI received in telecom sector in India from April 2000 to March 2011 reached to Rs.48,220 crore which amounts 8 percent share in the total FDI of Rs.580,722 crore received in the country,” a telecom ministry document said Tuesday.
- With 858 million wireless connections, the Indian telecom system has become the second largest wireless network in the world by surpassing the US and only behind China.
- Over 46 percent of total wireless subscribers in India were capable of accessing wireless internet at the end of March 2011 as against 30.44 percent a year ago.
- According to the telecom regulator, the broadband subscription reaches 12.50 million in July 2011 from 12.32 million in June 2011.
- The telecom department targets to have 1,200 million connections by 2017 and around 320 megahertz of additional spectrum to be made available under the 12th Five Year Plan.
- Earlier this month, the draft of the National Telecom Policy 2011 which will replace the existing policy was also unveiled.
- The new policy is expected bring cheer to consumers with proposals such as removing roaming charges for subscribers within the country and exponentially increasing broadband availability and speed.
Govt approves Rs 5,503 more for BSNL to establish defence communication network
Posted on: November 11, 2011
- State-run BSNL may get an additional Rs 5,503 crore from the Department of Telecom to establish an alternate communication network for defence services, enabling the vacation of spectrum by the Armed Forces.
- The budget estimate approved by the Cabinet Committee of Infrastructure (CCI) for this purpose in December, 2009, was Rs 8,098 crore. The total cost of the project, including two years’ maintenance support by BSNL after the network is fully integrated, is Rs 13,601 crore, according to sources in the DoT.
- Thus, the additional impact on the estimated cost of the project would be Rs 5,503 crore, inclusive of all duties and taxes and two years’ maintenance support, over-and-above the Rs 8,098 crore expenditure earlier approved by the CCI, they added.
- As per the CCI approval, the project was to be implemented in 36 months (completion by December, 2012). However, the timeline is to be decided afresh because of delays in implementation.
- Uncertainty in the telecom sector nothwithstanding, Norwegian telecom giant Telenor today said it will invest up to Rs 15,500 crore in Indian operations in joint venture with Unitech Wireless. Group CEO Fredrik Baksaas said “peak funding” will remain within Rs 15,500 crore, while addressing an event ”Capital Markets Day, 2011′ in Norway.
- Telenor, which has a mobile services joint venture in India with Unitech Wireless and operates under the brand of Uninor, had said last year that it plans to invest Rs 15,500 in 10 years in India operations. The company expects to generate a four-fold growth in its revenue target to Rs 2,500 crore from its Indian arm for the fiscal 2011-12 as compared to Rs 600 crore registered in last fiscal, Uninor Managing director Sigve Brekke said.
- Besides, he said that the company projects to slash its capital expenditure by Rs 400 crore in 2011-12 from Rs 1,200 crore posted in 2010-11. Brekke further said that the operator plans to break-even on EBIDTA margins by the first half of 2013 in India. Telenor holds 67.25 per cent stake in Uninor, the rest is with real estate firm Unitech. The company had received licence to roll out services in 21 of the 22 circles in India. Although it has launched its services in only 13 circles and has a mobile subscriptions of 23 million users.
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