Cloud Computing May Be Hampering Tech Spending: Analyst Report - Digits - WSJ

Perhaps more "redirecting" than "hampering" spending

"Mr. Keirstead noted in the report that Microsoft Corp.’s Azure has evolved into the clear No. 2 public-cloud platform behind Amazon.com’s Amazon Web Services. Microsoft’s cloud offering is good enough to appeal to a large portion of existing customers of the company’s on-premises software, he wrote, even though it has “70%-75% of the service breadth and functionality of AWS.”

“Not everybody needs every feature,” Gartner analyst David Smith agreed.

The competing Google Cloud Platform has slipped to a “distant” No. 3 in the market, Mr. Keirstead wrote, in part because customers and vendors said it was only good at niche services such as transmitting video content and processing big data."

Cloud Computing May Be Hampering Tech Spending: Analyst Report - Digits - WSJ