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OpenStack cloud sees explosive growth

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简介OpenStack clouds are heading for multi-billion dollar revenue.The Tech Trends to Watch in 2023Learn ...

OpenStack clouds are heading for multi-billion dollar revenue.

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Not bad for a so-called also-run, eh?

It's not just telecoms, where OpenStack has become the backbone of major cell companies such as China Mobile and Verizon. Nor is it just other major companies such as the Japanese instant messaging service LINE, the on-demand, cloud-based financial management service company Workday, Walmart Labs, and Yahoo. No, many other, much smaller companies have also staked their cloud future on OpenStack. 

Also:Tech in 2023: Here's what is really going to matter

Why? There are many reasons. As Jonathan Bryce, executive director of the Open Infrastructure Foundation (OpenInfra Foundation), OpenStack's parent organization, said, "OpenStack supports the ever-changing world of infrastructure where now we have GPUs, FPGAs, smart NICs, and smart storage. At the same time, you can still get direct access to the underlying hardware." This, in turn, enables "OpenStack users to create such amazing things as telecom cloud workloads on the cloud that can do edge transcoding video. With this, people can watch 4K videos on their phones using 5G." 

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