Latest market publications
Lockdowns implemented due to Covid-19 led to a monumental rise in cloud spending in the second quarter of 2020, according to the latest quarterly figures.
The number crunchers over at technology market watchers Canalys revealed spending on cloud infrastructure services in Q2 surged by 31 percent to $34.6 billion, after companies and citizens across the globe relied on e-commerce, remote learning, content streaming and online collaboration tools to see them through national lockdowns.
“Cloud-based services were pivotal in enabling emergency continuity plans designed to maintain virtual operations during lockdown,” said Canalys Chief Analyst, Matthew Ball.
Microsoft has overtaken rival Amazon to become the world’s most popular cloud services supplier, in another sign that Satya Nadella is poised to win the next stage of the cloud war long-dominated by Amazon’s AWS.
According to Goldman Sachs’ latest biannual survey of IT spending at large companies, first reported by CNBC, Microsoft has “demonstrated continued momentum” in IaaS (infrastructure-as-a-service) and PaaS (platform-as-a-service), placing the tech giant’s cloud arm, Azure, ahead of AWS in terms of workload volume in the two cloud deployment areas.
New study establishes six-step strategy for governments to prevent monopolisation of cloud market The public sector should embrace multicloud to preserve competition in the cloud computing market, according to a new report. The report, jointly penned by the Internet Economy (IE.F) think-tank and business consultancy Roland Berger, warns that a small number of dominant cloud… Read More
By 2022 Gartner predicts that cloud services will grow at nearly three times the rate of IT services overall The global public cloud services business is set to grow 17.5 percent in 2019 to total $214.3 (£164.3) billion, up from $182.4 (£139.8) billion in 2018, according to prediction factory Gartner. Gartner published the findings in… Read More