Cloud Capex Looks Poised to Grow Strongly in 2021

So does — as Nvidia (NVDA) – Get Report likes to stress — continued growth in AI-related investments, both for training increasingly complex deep …

Though cloud capital spending is taking a breather right now, there are a lot of signs suggesting that spending will start growing again in early 2021.

In a note released on Monday morning, Mizuho Securities reported that Asian supply chain checks and talks with U.S. hardware OEMs pointed to a strong rebound in cloud server spending in the first quarter and first half of 2021, following a soft Q4.

Analyst Vijay Rakesh estimates that data center capex among internet/cloud giants (i.e., hyperscalers) could be up 10% to 15% sequentially in Q1. Facebook  (FB) – Get Report and Microsoft  (MSFT) – Get Report in particular were singled out as hyperscalers expected to strongly grow their capex in early 2021.

Facebook, it’s worth noting, has guided for total 2021 capex of $21 billion to $23 billion, well above expected 2020 capex of roughly $16 billion. This forecast covers not only expected hardware purchases, but also expected spending on things such as data center construction and real estate purchases.

Meanwhile, several major chip and component suppliers to the hyperscalers, including Intel  (INTC) – Get Report, Micron  (MU) – Get Report, Seagate  (STX) – Get Report, Western Digital  (WDC) – Get Report and Samsung, have also indicated that they expect hyperscaler demand to be strong in 2021, as they move past a current digestion period that’s following strong first-half orders.

“I think calendar 2021 is shaping up for a really good year for cloud [sales],” said Micron CFO Dave Zinsner during a recent Bernstein conference talk. “All of the cloud customers that we’ve heard from have talked fairly positively about their capex investments both for this year and next year,” he later added.

Seagate forecast on its Oct. 22 earnings call that its sales to hyperscalers, which were down sharply on a sequential basis during its September quarter, would rise sequentially during its next three quarters. Western Digital forecast that inventory corrections among its cloud customers would continue into the December quarter, but said that it’s more positive about expected 2021 demand.

Steady increases in the processing, memory and storage needs of major internet/cloud workloads — everything from video streaming, to cloud infrastructure services, to complex search and news feed algorithms — remains a tailwind for cloud capex. So does — as Nvidia  (NVDA) – Get Report likes to stress — continued growth in AI-related investments, both for training increasingly complex deep learning models, and using them to help power various services.

Also, as Samsung indicated, pending Intel and AMD  (AMD) – Get Report server CPU refreshes are likely to give cloud capex an early-2021 boost.

On its Oct. 22 earnings call, Intel forecast that its next-gen Xeon server CPU line — it’s codenamed Ice Lake, and is the first to rely on Intel’s 10-nanometer manufacturing process node — would begin seeing a volume ramp in Q1 2021. The company previously guided for Ice Lake to begin seeing volume shipments in Q4 2020.

On its Oct. 27 earnings call, AMD forecast its next-gen Epyc server CPU line — it’s codenamed Milan, and will rely on AMD’s new Zen 3 CPU core microarchitecture — will begin seeing volume shipments to cloud and “select” high-performance computing (HPC) clients in Q4, followed by broader OEM availability in Q1.

Facebook, Microsoft, and Nvidia are holdings in Jim Cramer’sAction Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells these stocks? Learn more now.

Bitcoin Surge, Airbnb Crypto, Forex UAE: Editor’s Pick

… market analyst at digital assets data provider Kaiko, Dr. Garrick Hileman, Head of Research at Blockchain.com and Harumi Urata-Thompson, CFO of …

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DLT Partners with IBM, Microsoft to Distribute Advanced Technology

Cloud Paks integrate with IBM Watson. In fact, DLT is authorized to offer all of IBM’s software-based solutions. Microsoft Offers. Microsoft’s offers will also …

DLT, a Tech Data subsidiary, has partnered with IBM and Microsoft to distribute advanced technology. The solutions aggregator announced on Thursday that it’s bringing IBM’s open hybrid cloud, AI, security and other software solutions, to the U.S. public sector. On Wednesday, DLT partnered with Microsoft to bring more than half-dozen Azure and Modern Workplace offers to government entities.

DLT is a premier government solutions aggregator with access to more than 50 in-house contract vehicles and dedicated channel and enablement services.

IBM's Jay Bellisimo

IBM’s Jay Bellisimo

“We’re seeing organizations increase their investments in hybrid cloud and AI as they accelerate their digital transformations,” said Jay Bellissimo, general manager for the U.S. public and federal market at IBM. “This collaboration with Tech Data and DLT will expand our platforms’ footprint further into the partner ecosystem and with clients in the U.S. government and education markets, which ultimately will provide them with the flexibility, security and innovation of IBM’s open hybrid cloud and AI solutions.”

Here’s a closer look at the DLT-IBM deal. DLT will extend the channel’s reach to help U.S. public sector customers’ journeys to the cloud. Through Cloud Navigator, DLT’s partner network, partners can assess cloud readiness, provide government customer cloud migration support. This will help ensure that organizations maintain visibility, gain actionable intelligence and achieve automation and accountability across their cloud investments.

Via the new agreement DLT will offer IBM Cloud Paks, containerized and integrated suites of software that run on Red Hat OpenShift and are hosted on IBM Cloud. Cloud Paks integrate with IBM Watson. In fact, DLT is authorized to offer all of IBM’s software-based solutions.

Microsoft Offers

Microsoft’s offers will also be available through DLT’s Cloud Navigator program. It will include enhanced International Traffic in Arms Regulations (ITAR)-compliant support through DLT’s Confirmed Stateside Support offering.

The Microsoft Azure and Modern Workplace solutions include: Azure Commercial Cloud, Azure Government; Azure Government Secret, Azure Infrastructure as a Service (IaaS), Azure Platform as a Service (PaaS), Azure Software as a Service (SaaS), and Modern workplace applications such as Microsoft 365, Microsoft Dynamics 365 and the Microsoft Power Platform.

DLT Solutions' Chris Wilkinson

DLT Solutions’ Chris Wilkinson

“Migrating workloads to the cloud is an important step on the pathway for digital transformation and IT modernization for government organizations, said Chris Wilkinson, president of DLT Solutions. “By distributing Microsoft’s Azure and Modern Workplace solutions to the U.S. public sector, DLT and our partners will be able to help these organizations accelerate their modernization goals and mission objectives with an expanded set of cloud portfolio solutions.”

Tenfold Announces Support for Microsoft Dynamics Channel Integration Framework (CIF) v2 and …

Backed by AndreessenHorowitz, Next Coast Ventures and Salesforce Ventures, Tenfold is trusted by customers and partners to improve and analyze …

AUSTIN, Texas, Nov. 19, 2020 /PRNewswire/ — Tenfold today announced it has updated its Advanced CTI Solutions for Microsoft Dynamics to include support for Channel Integration Framework (CIF) v2 and the omni-channel experience in Dynamics 365. These updates further extend Tenfold’s investment in the Dynamics ecosystem to enable companies to unify their omni-channel agent experience with Dynamics 365 alongside existing enterprise communication platforms like Avaya, Cisco, Genesys and more using seamless, productized integrations.

Tenfold’s Next Generation CTI with support for CIF v2 is currently available on Microsoft AppSource at: https://appsource.microsoft.com/en-us/product/dynamics-365/tenfold_.tenfold_2020

Tenfold Advanced CTI for Dynamics 365 CIF v2 and Omni-Channel

Leveraging the combined solutions, customers can now integrate enterprise cloud and on-premise communication platforms into Dynamics 365 with the ability to leverage critical capabilities of the omni-channel and CIF v2 experiences including multiple session management and interaction notifications. Combining Tenfold’s deep integration of the voice channel with Microsoft’s native or partner-integrated digital channels, enables companies to have a fully unified omni-channel experience within Dynamics leveraging best-in-class channel providers. Altogether, this means that agents can be more productive with relevant customer context at their fingertips across channels and businesses can make better decisions with all interaction data living within the Dynamics experience.

Comments on the News

  • “The customer service technology landscape is evolving rapidly. Service leaders are focused on expanding channel availability to align with customer preferences and looking for solutions that help optimize their omni-channel operations,” said Sean Pinegar, founder and Head of Product at Tenfold. “We’re excited to collaborate with Microsoft on digitizing voice into a consolidated view of customer-facing channels and offering service leaders a solution for the two of the top priorities in the industry — channel adoption and agent productivity.”

About Tenfold

Tenfold is a global leader in Next Generation CTI for sales and service organizations. Tenfold’s Cloud-First approach and Intelligent Integrated Desktop Agent combined with its productized, yet highly configurable real-time integration layer between business applications and communication channels maximizes ROI for companies on voice and CRM.

Tenfold has 800 deployments in 90+ countries serving enterprises across many sectors, including telecommunications, insurance, financial services, hospitality and healthcare. Backed by Andreessen-Horowitz, Next Coast Ventures and Salesforce Ventures, Tenfold is trusted by customers and partners to improve and analyze more than 1.5 Billion interactions annually. For more information, visit http://www.tenfold.com

Media Contact:

Dan Sincavage

Tenfold

415-599-1170

259407@email4pr.com

Nick Molnar Appointed to Share Afterpay’s CEO and Managing Director Role

Additionally, the fintech is listed on the Australian Securities Exchange and operates in Australia, the UK, the US and New Zealand. Afterpay Chair, …

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