Tuesday, October 13, 2015

Here's Where Amazon and Google Could Make Their Next $100B | WIRED

Check the full article for more public cloud "hypergrowth" projections

"The public cloud won’t take over the whole IT market, Rhymer says, but this is where the big growth lies. According to Rhymer, software-as-a-service offerings such as Office 365 are growing the quickest at the moment. Eventually, he says, similar growth will extend into so-called platform market.

The biggest winner here will likely be Amazon. “They have a massive customer base and they’re been at it longer than anyone else,” Rhymer says. This spring, Amazon revealed that its cloud operation is now a $4.6 billion business, and the company expects it to grow to $6.23 billion by the end of the year. The next-biggest player is Microsoft. In April, Redmond said it’s on track to reach $6.3 billion in revenue this year, including sales of its Office 365 and its Dynamics customer relationship management service. Google, in many respects, has a technical lead on Amazon and Microsoft, but it was slower to market. IBM, with its acquisition of a company called SoftLayer, is also in the mix."
Here's Where Amazon and Google Could Make Their Next $100B | WIRED
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