Industry News: May 24-28 – Technology M&A Outlook, Future of Hybrid Work, Damaging Cost of Cloud Compromise
Every week we highlight cloud computing and technology news of interest. This week we’re covering why Gartner is predicting technology M&A to pick up, why a hybrid work model may be here to stay, Microsoft’s latest Azure announcements, Google Cloud’s trio of new products and just how much businesses are losing to cloud compromise.
Let’s get started…
Despite a brief dip during the height of the pandemic, Gartner is predicting technology M&A activity to pick back up in a big way. In fact, the analyst firm is predicting that global M&A involving technology providers in 2022 will surpass records set in 2018. Read why competition is expected to heat up in Channel Partner Insight here.
Is the era of remote work here to stay? According to a new survey from Forrester, a hybrid work model may become the new norm, predicting that 70% of companies in the United States and European Union plan to allow some employees to work remotely at least two days a week. Dive into the survey’s findings in ZDNet here.
It was a week full of Microsoft Azure updates as the cloud giant hosted the Microsoft Build 2021 developers conference. But what were the biggest announcements made, as the company works to “empower this next generation of developers with world-class tools and cloud services”? CRN breaks down 15 big Azure announcements here.
Google Cloud also made several announcements this week, introducing three new products across its database and data analytics portfolio designed to help businesses unify data. Dive into what Datastream, DataPlex and Analytics Hub can do in ZDNet here.
Just how costly can cloud compromise be for organizations? A new survey found that not only can cloud compromise be expensive, but costs continue to rise, with cloud-compromised accounts leading to an average financial loss of $6.2 million per year. Explore the findings in Dark Reading here.