Cloud Technology News of the Month: February 2022

In February, Gartner's research revealed that by 2025, over half of IT spending will move to public clouds. This indicates a significant increase in the adoption of cloud technologies. The shadow IT problem is expected to grow as more employees use public cloud services without internal understanding or control. As a result, there will be increased interest in cost optimization and monitoring tools to manage cloud expenses. Amazon's advertising revenue reached $30 billion, while Nvidia abandoned its ARM purchase due to regulatory concerns. The EU announced the European Chips Act with €43 billion investment into semiconductor research and production over the next decade. Kubernetes use is growing, with 90% of users choosing cloud-managed services. Security issues were highlighted by Roblox's three-day downtime and exposed sensitive data due to unsecured AWS S3 buckets. Nvidia demonstrated effective ransomware retaliation after being targeted by a cyber attack.