Global Distributed Cloud Market is Expected to Grow at a CAGR of 20.4% over the Forecast Period (2024 – 2034): A Report by TNR, The Niche Research [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
Wilmington, Delaware, July 24, 2024 (GLOBE NEWSWIRE) -- Distributed cloud refers to the distribution of public cloud services to different physical locations, while the operation, governance, and evolution remain the responsibility of the public cloud provider. This model allows organizations to access cloud services closer to their data sources or end-users, enhancing performance, security, and compliance. The distributed cloud market is experiencing rapid growth, driven by increasing demand for low-latency data processing, regulatory compliance requirements, and the need for efficient resource utilization. Integrating edge computing capabilities with distributed cloud solutions enables real-time data processing and analysis, crucial for applications like autonomous vehicles and industrial IoT. Organizations are increasingly embracing hybrid cloud strategies, utilizing distributed cloud solutions to securely expand their current on-premises infrastructure. Regulatory requirements
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