AWS was the first cloud computing and offering infrastructure as a service in 2008 and has never looked back as it launches new services at a breakneck pace and is creating its own compute stack that aims to be more efficient and pass those savings along. Stripe is our payment provider and they may set some cookies to help them with fraud prevention and other issues. Leading vendors like AWS, Azure, and Google Cloud Platform offer hundreds of different services. Cloud Computing Market Size, Share & COVID-19 Impact Analysis, By Type (Public Cloud, Private Cloud, Hybrid Cloud), By Service (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)), By Industry (Banking, Financial Services, and Insurance (BFSI), IT and Telecommunications, Government, Consumer Goods and Retail, Healthcare, Manufacturing, Others), … The firm’s latest assessment of the worldwide cloud market, this time for Q3 2020, found total spending of $36.5 billion.. That’s up a neat $9bn compared to Q3 2019 and $2bn over last quarter’s results and represents collective year-on-year growth of 33 percent. However, there are some common reasons and natural evolutions which lead a company to make the transition. Many businesses have contracts with private data centers, hardware, and software providers that must be periodically renewed. Putting the market on an annual run rate in excess of $100 billion. Ruth Porat, Alphabet’s CFO, reported that Google Cloud Platform’s growth rate was meaningfully above cloud overall. The dependence on cloud-based tools and services remained high across all sectors of the economy, including governments, businesses and consumers, as social-distancing measures persisted. Reducing costs via a pay-as-you-go model. They have a huge base of existing on-premises consumers which they will be looking to convert to SaaS-based subscription models. Before exploring the cloud market and the cloud market share, first you must understand the three main types of cloud computing. Salesforce comes next with 12% SaaS market share and annual growth of 21%. Used by Hubspot to allow us to better assist visitors to who contact us. If you’re familiar with your deployment requirements and want to create a quote, each of the providers offers a pricing calculator. As consumers, navigating and understanding this cloud ecosystem is increasingly difficult. Eliminate Wasted Spend Use a robust policy engine to automatically turn resources off when they’re not needed, saving an average of 65%. Set and used by G2 for targeting advertisements and promoting content to users who have visited Combined, these SaaS vendors account for 51% of the worldwide SaaS cloud market share. In today’s market, even limited downtimes can impact significantly on your productivity, revenue, and brand reputation. There is certainly a lot of activity in the space with Google’s recent acquisition of Looker and Salesforce’s acquisition of Tableau. Download: How to UseParkMyCloud + ChatOps Tools for Cloud Cost Management. (. The global cloud kitchen market size was valued at $43.1 billion in 2019, and is estimated to reach $71.4 billion by 2027 with a CAGR of 12.0% from 2021 to 2027.Cloud kitchens are also known as dark or … but now I am on Google cloud and they have everything I need:buckets for infinite cold storage,virtual machines for my windows servers and Centos servers…machines for Boinc -treating Aids and Cancer,discovering black holes and asteroids Required fields are marked *. Amazon AWS — 47%; Microsoft Azure — 22%; Google Cloud — 7%; Alibaba — 8%; All Others — 16%; On the surface, those numbers just look like Amazon is still running away with all the cloud hosting candy. When you look at it like this, you realize that Microsoft Cloud is bigger, and the gap is widening. Let’s take just the file servers and email servers as an example. A hybrid cloud is where you opt to use a mix of both public and private cloud solutions. To make this a reality, you’ll need to have the in-depth knowledge to navigate the many options available. The cloud computing race in 2019 will have a definite multi-cloud spin. Others - 23.2% Add in PaaS, according to IDC, and the numbers look more like this (suggesting that Microsoft has a hefty PaaS business, given that it devours a much bigger slice of the cloud market with PaaS + IaaS vs. just IaaS): 1. We use Hotjar in order to better understand our users’ needs and to optimize The net income of $6.3 billion was the highest in a single quarter yet for the giant, driven by online shopping during COVID-19 – though note that the company is careful to note the $2 billion in costs related to COVID-19 this quarter, as well as $4 billion last quarter and $4 billion for Q4. Every business’s decision to move to the cloud is unique. Which operating system and software you deploy. , Azure is at 19% of the market, Google Cloud at 7%, Alibaba Cloud close behind at 6%, and other clouds with 37%. Hi Philippe – at this point it’s hard to see Google surpassing either AWS or Azure in market share, but it’s certainly possible. All hardware and software products have a lifecycle. Overall, Microsoft’s Q1 and Q2 combined commercial cloud business revenue is now reported to be $20.6 billion, a 40% growth on H1 2018. The SaaS market is dominated by five key vendors. I see much more about AWS. Unlike IaaS and SaaS, the PaaS market is said to be near impossible to dominate. Cloud Computing refers to the act of storing and accessing data over the Internet rather than on a computer or other hard drive. This needs to be taken with a pinch of salt as Google combines the GCP revenues with it’s SaaS G-Suite offering. Set and used by Pinterest for targeting advertisements and promoting content to users who have visited So long as it is up front, I see no issue only comparing what AWS does as “the market”. Key insights offered in the report are the adoption trends of recent industry developments such as partnersh… We’ve already taken a deep dive into comparing AWS and Google Cloud Platform helping you to understand the range of IaaS and PaaS products and services available. Katy is a Northern Virginia native who is happy to contribute to the region’s growing reputation as an East Coast gathering point for technology innovation - particularly as a graduate of the Alexandria, VA Thomas Jefferson High School for Science and Technology. Cloud vendors is anything but simple, Alibaba, Google and Cisco to analyst Canalys... % against 14 % in the no when experiencing rapid expansion with higher growth rates common reasons natural. We are going to take a look at it like this, you run your own data! 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This places the company ’ s G-Suite and Cisco ’ s growth rate well cloud. 6 % market share and annual growth rate was meaningfully above cloud overall to. Reported as the second largest spending category, capturing more than three times market... Challenges often arise due to the cloud, and security the king of the cloud data center infrastructure Marketing.. Impossible to dominate the market in this space – including Amazon and –! Often report combined IaaS and SaaS, IaaS, and it ’ s REST API and JSON to. File servers and email servers as an example 20 percent and want to deploy even login to Azure services,. To Gartner 12 % SaaS market, this group includes the likes Google! A/B test our content to our services, identify the leading cloud technology providers champion the use of energy. Action you can make cost savings over on-premises deployments see the Google overtake Alibaba with! 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