- April 12, 2017
- By Elyse Phillips
It’s clear that Amazon is the vendor to beat in cloud computing. Less than ten years ago Amazon introduced the idea that companies could save both money and time by using Amazon’s cloud services rather than build out their own infrastructure. Amazon’s AWS services are now ubiquitous, with annual revenue topping $12 billion in 2016.
Microsoft and Google were later entrants into the cloud market. Today’s MS Azure revenues are $2.5 billion, and Google’s “non-advertising” revenue – including Cloud, hardware, and Google Play – all total $3.4 billion.
As IT departments and developers become more comfortable using this type of infrastructure as a service (IaaS), they are becoming more price-conscious and support-sensitive, providing an opportunity for other cloud players to differentiate themselves from AWS and grow their piece of this market.
The 451 recently published its “Voice of the Enterprise Cloud Transformation Study” which surveyed 700 IT buyers in small, medium, large and very large enterprises. This survey has been conducted quarterly since Q3 2014.Read more