Cloud Technology News of the Month: December 2022

The tech industry is adapting to a slower economy, affecting the cloud industry as well. The environmental impact of the cloud has been a topic of discussion, with some suggesting that smaller infrastructure clusters could be more sustainable. Carbon emissions from cloud computing are not always properly accounted for in carbon calculations, potentially leading companies to overstate their progress on net-zero pledges. Meanwhile, major cloud providers are investing heavily in new regions and data centers, with AWS planning to invest up to $5.9 billion in its Europe region between 2022 and 2036. The industry is also experiencing layoffs, with 49k employees being let go from tech companies in November 2022 alone. Additionally, Microsoft Azure has seen significant growth, with a 50% year-over-year increase in September 2021. Security remains a critical area for organizations, with AWS highlighting the importance of cloud security and previewing its new data lake, Amazon Security Lake.

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