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Monthly TechNews Roundup: Oracle enhances Oracle Cloud Lift services, IDC reveals India Cloud Predictions for 2022 & more

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Clover Infotech brings to you a curated round-up of important technology updates of the month February’22.

1. Oracle enhances Oracle Cloud Lift services

Oracle is enhancing Oracle Cloud Lift Services with new capabilities that make it easier for customers to design and migrate their data lakehouse and AI-enabled application environments to Oracle Cloud Infrastructure (OCI)…

2. IDC reveals India Cloud Predictions for 2022 and onwards

International Data Corporation (IDC) predicts that by 2024, in response to performance, security, and compliance requirements, 40% of organizations will implement dedicated cloud services either on-premises or in a service provider facility. This is among the top 10 predictions for the India Cloud Market unveiled in the latest report IDC FutureScape: Worldwide Cloud 2022 Predictions – India Implications…

3. India’s tech spending forecast to grow 8.7% in 2022, one of the highest growth rates in APAC: Forrester

Indian tech spending is expected to grow 8.2 per cent in 2022, Forrester forecasts in a new report “Asia Pacific Tech Market Outlook By Country For 2021 And 2022”.This is one of the highest growth rates in the Asia Pacific region…

4. Oracle announces support for MongoDB – This is bigger than just an API

Oracle announced the availability of the Oracle Database API for MongoDB. This service enables enterprise organizations to realize the benefits of Oracle Autonomous Database without sacrificing or altering their MongoDB environments…

5. Oracle introduces new Logistics Capabilities to help customers increase Supply Chain efficiency

The updates to Oracle Fusion Cloud Transportation Management and Oracle Fusion Cloud Global Trade Management can help organizations reduce costs and risk, improve customer experience, and become more adaptable to business disruptions…

6. Gartner says more than half of enterprise IT spending in key market segments will shift to the cloud by 2025

Enterprise IT spending on public cloud computing, within addressable market segments, will overtake spending on traditional IT in 2025, according to Gartner, Inc. Gartner’s ‘cloud shift’ research includes only those enterprise IT categories that can transition to cloud, within the application software, infrastructure software, business process services and system infrastructure markets. By 2025, 51% of IT spending in these four categories will have shifted from traditional solutions to the public cloud, compared to 41% in 2022…

7. Q&A: What CIOs need to know about Oracle Cloud in the Middle East

Oracle’s Leopoldo Boado Lama, senior vice president of business applications for Eastern and Central Europe, Middle East and Africa, talks to CIO Middle East about what Oracle’s cloud expansion in the Middle East means for businesses in the region…

8. Public cloud gains pace in the MENA region

With cloud computing gaining traction during the pandemic, players like Oracle have stepped up and demonstrated their commitment to the region through the opening of cloud regions…

9. Enterprise IT spending in the Middle East, Turkey & Africa to Top $40 Billion in 2022

Overall spending on information and communications technology (ICT) across the Middle East, Turkey, and Africa (META) will top $229 billion this year, an increase of 2.7% over 2021 as the market continues to rebound from the turbulence of the last two years…

10. IBM opens a new cybersecurity hub in Bengaluru

Tech behemoth IBM has announced a multi-million dollar investment in its cybersecurity operations with the opening of a new IBM Security Command Center in Bengaluru. The company said that the new facility will be the first of its kind across the Asia Pacific (APAC) region for training cybersecurity response techniques through highly realistic, simulated cyber attack – designed to prepare everyone from C-Suite through technical staff…

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