![Cloud deals dominate in telecom mergers](/media/k2/items/cache/4cdc2d0716b8faeeeef7d49e4576cd43_S.jpg)
Cloud deals dominate in telecom mergers
Despite market headwinds
Mergers and acquisitions (M&A) in the technology, media, and telecom (TMT) sector surged in 2024, with cloud computing emerging as a dominant theme. However, the market faced significant headwinds, including persistent inflation, high interest rates, regulatory scrutiny, and geopolitical tensions, according to a GlobalData report.
![UK cloud services market not working](/media/k2/items/cache/41d20337b6680c44f41b51d7e16e3975_S.jpg)
UK cloud services market not working
Not enough competition, says CMA
The Competition and Markets Authority (CMA) has concluded that competition in the UK cloud services market is not working as effectively as it should, potentially costing UK businesses hundreds of millions of pounds annually.
![IDC predicts huge cloud shift](/media/k2/items/cache/013db4b345409ad471c334e1ce9b5d85_S.jpg)
IDC predicts huge cloud shift
More than half of APAC businesses to modernise cloud by 2027
Beancounters at IDC have added up some numbers, divided by their collective shoe size, and concluded that more than 50 per cent of Asia/Pacific businesses will modernise their cloud architectures by 2027.
![Escaping VMware's clutches will cost you](/media/k2/items/cache/51d81e3630a2a59bc206731c2258e5e0_S.jpg)
Escaping VMware's clutches will cost you
Gartner warns
According to a new assessment by Gartner, enterprises considering moving away from VMware due to Broadcom's changes should brace themselves for a lengthy, costly, and complex project.
![OpenAI shares the Volish cloud as Stargate Project launches](/media/k2/items/cache/bfaf06cf4e8be19bde3af5f050bb777d_S.jpg)
OpenAI shares the Volish cloud as Stargate Project launches
Microsoft to share
OpenAI is widening its cloud structure to include OpenAI, Oracle, and SoftBank, along with its old chum, Microsoft.