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Chas Dhami

Leading at the intersection of AI, Business and Tech.
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Public Cloud Services Market hits $117bn revenues in 2017, up 29% ! (IDC)

June 22, 2018

 

Leaders Dominate Public Cloud Services Market: Top 16 Public Cloud Service Providers Account for Half of the Worldwide Public Cloud Services Revenue in 2017, According to IDC

 

The Worldwide Public Cloud Services market grew 29% in 2017, reaching a total of $117bn

As hyper scale vendors invest in the market with renewed vigour, the next 3 years will determine IT industry leadership for the next two decades

Much is made of #Amazon Web Services (AWS) as market leader in IaaS

While that is impressive we need to bear in mind that IaaS is 21% of the Worldwide Public #Cloud Services market, while SaaS is 64% and PaaS 15% 

And as IDC points out:

"While new SaaS companies launch regularly, technology mainstays like #Salesforce, #Microsoft and #Oracle remain atop the list of SaaS providers"

So there's still plenty left to play for !

https://www.businesswire.com/news/home/20180622005043/en/Leaders-Dominate-Public-Cloud-Services-Market-Top

 

 

 

 

← Will Amazon Damage Its Cloud Business By Competing Directly Against AWS Customers?Why is Microsoft paying $7.5bn for GitHub? →

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