Collaborate Disseminate
It’s often said in baseball that a prospect has a high ceiling, reflecting the tremendous potential of a young player with plenty of room to get better. The same could be said for the cloud infrastructure market, which just keeps growing with little sign of slowing down any time soon. The market hit $42 billion […] Continue reading Cloud infrastructure market kept growing in Q2 reaching $42B
It’s often said in baseball that a prospect has a high ceiling, reflecting the tremendous potential of a young player with plenty of room to get better. The same could be said for the cloud infrastructure market, which just keeps growing with little sign of slowing down any time soon. The market hit $42 billion […] Continue reading Cloud infrastructure market kept growing in Q2 reaching $42B
Conventional wisdom over the last year has suggested that the pandemic has driven companies to the cloud much faster than they ever would have gone without that forcing event with some suggesting it has compressed years of transformation into months. This quarter’s cloud infrastructure revenue numbers appear to be proving that thesis correct. With The […] Continue reading Cloud infrastructure market keeps rolling in Q1 with almost $40B in revenue
There is a prevailing notion that while the cloud infrastructure market is growing fast, the vast majority of workloads remain on prem. While that could be true, new research from Synergy Research Group found that cloud infrastructure spending surpassed on prem spending for the first time in 2020 — and did so by a wide […] Continue reading Cloud infrastructure spending passed on prem data centers in 2020
This morning DigitalOcean, a provider of cloud computing services to SMBs, filed to go public. The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol “DOCN.” DigitalOcean’s offering comes amidst a hot streak for tech IPOs, and valuations that are stretched by historical norms. The cloud hosting company was […] Continue reading DigitalOcean’s IPO filing shows a two-class cloud market
The cloud infrastructure market in 2020 reflected society itself, with the richest companies getting richer and the ones at the bottom of the market getting poorer. It grew to $129 billion for the year, according to data from Synergy Research Group. That’s up from around $97 billion in 2019. Synergy also reported that the cloud […] Continue reading The cloud infrastructure market hit $129B in 2020
When Alibaba entered the cloud infrastructure market in earnest in 2015 it had ambitious goals, and it has been growing steadily. Today, the Chinese ecommerce giant announced quarterly cloud revenue of $2.194 billion. With that number, it has passed IBM’s $1.65 billion revenue result (according to Synergy Research market share numbers), a significant milestone. But […] Continue reading Alibaba passes IBM in cloud infrastructure market with over $2B in revenue
The cloud infrastructure market kept growing at a brisk pace last quarter, as the pandemic continued to push more companies to the cloud with offices shut down in much of the world. This week the big three — Amazon, Microsoft and Google — all reported their numbers and, as expected, the news was good, with […] Continue reading Cloud infrastructure revenue grows 33% this quarter to almost $33B
When IBM announced this morning that it was spinning out its legacy infrastructure services business, it was a clear signal that new CEO Arvand Krishna, who took the reins in April, was ready to fully commit his company to the cloud. The move was a continuation of the strategy the company began to put in […] Continue reading As IBM spins out legacy infrastructure management biz, CEO goes all in on the cloud
While the overall cloud infrastructure market is booming having reached $30 billion last quarter worldwide, Oracle is struggling with market share in the low single digits. It is hoping that the Zoom and TikTok deals can jump start those numbers, but trying to catch the market leaders Amazon, Microsoft and Google, never mind several other […] Continue reading Oracle’s TikTok and Zoom deals won’t move cloud market share needle significantly