Forbes October 7, 2024
Written by Richard Monro, Technology Executive and Business Value Lead, VMware Cloud Foundation Division, Broadcom
At VMware Explore 2024 Las Vegas, Broadcom President and CEO Hock Tan declared: “The future of the enterprise is private. Private Cloud. Private AI. Fueled by your private data.” No doubt, a few eyebrows were raised. After all, shouldn’t ‘private cloud’, a technology term that has been in the mainstream for more than a decade, now be considered passé?
Definitely not.
Growth in the private cloud services market is set to surge from $92 billion in 2023 to a staggering $405 billion in 2033 according to a report from Future Market Insights.1 And in a survey published in a report on repatriation from IDC in...
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