article thumbnail

IT services spending signals major role change for CIOs ahead

CIO Business Intelligence

increase in data center systems spending, demonstrating an uptick for on-premises strategies buoyed in part by ongoing scrutiny of cloud costs and returns on cloud investments among IT leaders. Gartner forecasts software to overtake the near stagnant communications services sector for the No. 2 IT spending slot by 2028.

article thumbnail

GI Partners Buys LA Telecom Hub One Wilshire » Data Center.

Data Center Knowledge

The new owner, a long-time player in data center real estate, acquired the building from Hines Property Trust. The 30-story building in downtown Los Angeles has more than 300 tenants, including dozens of data center firms and telecom carriers. ” The Data Center Premium. . By comparison, the U.S.

article thumbnail

Cedexis Now Tracks Performance for 50 Clouds » Data Center.

Data Center Knowledge

The Cedexis Radar is an independent benchmark for companies providing intelligence about which clouds, CDNs and data centers are best for their online assets. To help customers mine this wealth of data, a new Cedexis Radar Windows 8 app has been developed to providecontent presentation and analysis. Modular Data Centers.