We are thrilled to unveil the 2024 InfraRed Report by Redpoint!
The landscape of cloud infrastructure is evolving rapidly, and our latest report dives deep into the key trends, challenges, and opportunities shaping the industry. Here are just a few of the critical insights:
📍 Cloud Infra Macro Updates:
Public infrastructure companies have recently lowered their guidance due to cost optimization and elongated sales cycles. Despite this, hyperscale growth has rebounded thanks to AI-driven workloads.
📍AI’s Impact:
“Generative AI is the single most significant platform transition in computing history. It’s bigger than PC, mobile, and even the internet.” - Jensen Huang, CEO of Nvidia.
AI training and inference costs have dropped 10x in less than a year, making advanced AI more accessible than ever.
📍Data:
There’s a growing need for AI-specific development tools as companies move generative AI workflows into production.
Further separation of storage and compute is allowing more flexibility in choosing tools without moving data.
📍DevOps Evolution:
AI coding assistants are becoming mainstream tools for software engineers, with significant adoption expected to continue.
📍Security Innovations:
New security workloads and vendors have emerged to combat evolving attack vectors, focusing on software supply chain security and the proliferation of open-source software (OSS).
📍 Public Market Insights:
Infra software is performing better than application software, trading at a premium in the public markets.
Our Nasdaq Redpoint Cloud Infrastructure Software Index™ (NQRPCI) highlights the performance and characteristics of leading cloud infrastructure companies and how they outperform the S&P.
For a deeper dive into these insights and more, check out the full 2024 InfraRed Report.
The Infrared 100 is now live.
Our list of 100 transformative companies in cloud infrastructure.
https://lnkd.in/gVRDNS6Q
The InfraRed 100
redpoint.com
We are proud to be included on this list of impressive companies who are transforming the landscape of cloud computing 💥