News for the Channel: Cloud Spending, Palo Alto Networks & IBM New Partnership, and More
We are focusing on the booming cloud market this week, fueled by AI adoption. Get insights into how businesses are navigating the cloud transition and how partners can capitalize on this trend. Also, don't miss updates on the latest partnerships between IBM and Palo Alto Networks, and TD Synnex's new initiative to empower MSPs.
Canalys: Global Cloud Spending Grows in Q1
According to a report by Canalys , worldwide cloud infrastructure services expenditure grew by 21% year-on-year in Q1 2024 to reach US$79.8 billion, an increase of US$13.4 billion. The top three cloud providers - AWS, Microsoft Azure and Google Cloud - collectively grew by 24%, accounting for 66% of total spending.
TD Synnex Introduces Initiative to Strengthen MSP Growth Strategies
TD SYNNEX has launched MSP Evolve, an aggregation of its resources and tools specifically designed to accelerate business growth for MSPs, with initial roll-out in North America. The initiative features a range of support, services, solutions and training programs to help streamline processes and provide cost-effective IT support to clients.
IBM to Deliver Security Consulting Services Across Palo Alto Networks
Palo Alto Networks and IBM have announced a new partnership to deliver AI-powered security solutions. Palo Alto Networks has agreed to acquire IBM's QRadar SaaS assets, including related intellectual property rights. Upon closing, the two companies intend to facilitate the migration of QRadar SaaS clients to the Cortex XSIAM SOC platform.
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