Infrastructure

Bracewell Expands into France with New Paris Office Focused on Energy and Infrastructure

Bracewell, a leading Houston-based law firm, expands into France with a new office in Paris, enhancing its energy and infrastructure capabilities. The firm recruits an 11-lawyer team from Norton Rose Fulbright, focusing on project development, M&A, and finance transactions. This strategic move positions Bracewell to better serve clients in the evolving energy sector across France and Francophone Africa.

IaaS Market Set for Remarkable Growth, Especially in BFSI Sector

The Infrastructure-as-a-Service (IaaS) market is projected to reach a valuation of $411.9 billion by 2030, with a robust compounded annual growth rate of 22.6% during the years spanning 2023 to 2030. The report highlights the surge in IaaS adoption across varied sectors, with an emphasis on innovation and security. The compute and storage segments are at the forefront of market expansion, with the latter expected to witness the highest growth rate across the forecast horizon. Enterprises, particularly small and medium-sized businesses, are showing marked interest in IaaS, leveraging benefits such as cost efficiency, fortified security measures, and efficient computing processes to reinvent their operational architectures.