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Why Cloud-Native is The Future of IT Spending

The leading organizations that create a digital transformation plan will gain the most from their use of public cloud computing. However, some CIO and CTO leaders still struggle with how to build a modern cloud migration strategy. The worldwide cloud computing Infrastructure as a Service (IaaS) market grew 41.4 percent in 2021, to a total of $90.9 billion -- that's up from $64.3 billion in 2020, according to the latest market study by Gartner. "The IaaS market continues to grow unabated as cloud-native becomes the primary architecture for modern workloads," said Sid Nag, vice president and analyst at Gartner . Cloud IaaS Market Development Cloud supports the scalability and composability that advanced technologies and applications require, while also enabling enterprise leaders to address emerging needs such as sovereignty, data integration, and enhanced customer experience. In 2021, the top five IaaS providers accounted for over 80 percent of the market. Amazon AWS conti...

Hyperscale Cloud Providers Invest $16.9 Billion in 2016

Consumer demand for cloud-based services drive investment in data centers. Across the globe, the largest consumer cloud service providers continue to add more and more capabilities to expand their offerings, thereby making it very difficult for the remaining me-too providers to compete with them. Moreover, the traditional information and communication technology (ICT) vendors often don't benefit from this ongoing infrastructure expansion, because the cloud providers prefer to invest in open technologies from low-cost 'white label' ODM commodity vendors. That's unlikely to change. Hyperscale Cloud Market Development The hyperscale or webscale cloud service providers -- including the seven largest (Super7) Alphabet, Amazon, Facebook, Microsoft, Alibaba, Baidu and Tencent -- believe they are best positioned to provide access to a variety of cloud services in a scalable and cost-effective way, and view their public cloud businesses as critical to their growth over the...