Search
Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Jobs Dell Technologies World Digital Experience 2020 HPE Zone Masergy Zenith Partner Program Newsroom Intel Partner Connect Digital Newsroom Dell Technologies Newsroom Fortinet Secure Network Hub IBM Newsroom Juniper Newsroom The IoT Integrator Lenovo Channel-First NetApp Data Fabric Intel Tech Provider Zone

AWS, Microsoft And Google Lead For IaaS and PaaS Revenue: Report

“Amazon and Microsoft have led the charge in terms of driving changes and aggressively growing cloud revenue streams, but many other tech companies are also benefitting, ” says John Dinsdale, chief analyst and research director at Synergy Research Group.

1   2   3   ... 4 Next

Cloud Wars Heat Up

Cloud service revenues now are growing much more rapidly than spending on cloud infrastructure, a positive signal that the market is in a high-growth phase, and financials are improving, according to a new report.

Operator and vendor revenue across seven key cloud services and infrastructure market segments exceeded $150 billion for the first half of 2019, growing 24 percent from the same period last year, according to Synergy Research Group’s mid-year review of the cloud market.

The cloud is increasingly dominating the information technology (IT) landscape, and cloud-associated markets are growing at rates of 10 percent to well more than 40 percent, according to John Dinsdale, chief analyst and research director at Synergy, a Reno, Nev.-based market intelligence and analytics firm.

“Annual spending on cloud will double in under four years,” Dinsdale said. “Cloud has opened up a range of opportunities for new market entrants and for disruptive technologies and business models.”

Click through to read the top takeaways from Synergy’s report.

 
 
1   2   3   ... 4 Next

sponsored resources