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Gartner forecasts a huge 20.4% increase in public cloud services expenditure by 2024, hitting an astounding $679 billion. This surge in spending could be primarily driven by business needs and innovative technologies like generative AI. Interestingly, all cloud market segments Gartner monitors are set to grow, with Infrastructure-as-a-service (IaaS) leading the pack at 26.6%. That said, as the cloud market evolves in response to business outcomes, non-technical issues such as cost, privacy, and sustainability are crucial considerations for an effective GenAI deployment.

Telecom operators are transforming into key players in AI services, appealing to enterprises seeking seamless AI solutions. Historically focused on connectivity, telcos are now diversifying with AI infrastructure and tools. This shift, prompted by corporate demand, offers substantial growth potential as traditional revenue streams decline. Successful operators harness AI infrastructure, collaborating with platform developers to offer customized solutions and productivity tools. Their strategic advantage includes expansive networks and data centers, enabling competitive pricing and data sovereignty. However, to capitalize effectively, they need to overcome internal challenges and navigate competition from hyperscale cloud providers like AWS and Google Cloud.

NetApp, renowned for intelligent data infrastructure, partners with NVIDIA to enhance generative AI. This synergy accelerates agentic AI development by integrating NVIDIA’s AI software and NetApp’s infrastructure. The unified NetApp ONTAP system manages exabytes of data, enabling rapid AI-powered insights, discovery, and governance across cloud and on-premises environments.