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Monthly TechNews Roundup: Oracle to see Cloud ERP biz reach $20 bn in 5 years, IT spending in India expected to be over $100 bn in 2022 & more

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Clover Infotech brings to you a curated round-up of important technology updates of the month December’21.

1. Oracle to see Cloud ERP biz reach $20 bn in 5 years: Larry Ellison

Currently, the Cloud major has 8,500 Fusion ERP customers with revenue growing 35 per cent. It has an additional 28,400 NetSuite ERP customers with revenue growing 29 per cent…

2. IT spending in India expected to be over $100 bn in 2022: Gartner

All segments of IT spending are expected to grow, with software in the lead. Gartner predicted software spending to amount to $10.5 billion in 2022, up 14.4 per cent from 2021…

3. Oracle Scores Highest in All Use Cases in 2021 Gartner® Critical Capabilities for Cloud Database Management Systems for Operational Use Cases

Oracle is a Leader in the 2021 Gartner “Magic Quadrant™ for Cloud Database Management Systems” with strengths in augmented DBMS technology, hybrid cloud, and richness of portfolio…

4. Amazon Web Services outage brings some delivery operations to a standstill

Among the services that reported issues as a result of the outage were Disney’s streaming subscription service, Disney+, Netflix, Slack, Ticketmaster, stock trading app Robinhood, and Coinbase, the largest cryptocurrency exchange in the U.S…

5. Norton’s 2022 cybersecurity predictions: More Crypto scams, deepfakes, and greater need for online security

An increase in scams related to cryptocurrency, the growing use of deepfake technology, and more targeting of gullible online users, are just some of the predictions…

6. IDC: Digital transformation investments lead to increased cyber threats for APAC

According to the analysts, digital transformation investments in Asia Pacific are poised to double, hitting US$921 billion in 2024. In fact, organisations will continue to adopt new technologies to transform their business operations in 2022…

7. Microsoft to skill 1 lakh Indians in cybersecurity by 2022

To empower India’s workforce for a career in cybersecurity, tech giant Microsoft on Tuesday launched a cybersecurity skilling programme that aims to skill over 1 lakh Indians by 2022…

8. Oracle joins Microsoft in spending big to dominate healthcare vertical

Enterprise software companies are suddenly focused firmly on healthcare. If you want proof, look at how Oracle and Microsoft both backed up trucks loaded with money to buy health tech companies this year…

9. Oracle announces new AI services for Oracle Cloud Infrastructure

Oracle has announced the availability of Oracle Cloud Infrastructure (OCI) AI services, a collection of services that make it easier for developers to apply AI services to their applications without requiring data science expertise…

10. Norton Labs makes 5 cybersecurity predictions for 2022

Here are five predictions from Norton Labs team for what will be the most important cyber trends of 2022…

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