The Continued Growth of Cloud in the Pandemic

I often hear from some people that there are so many companies that have completed and mature in their Cloud Native architecture, DevOps and Cyber Security, however, we are probably still in the foothills.

The tech winners and losers of the pandemic.

What we still see is a signification growth of the major hyperscalers, with others trying to complete on location rather than size. Whilst we will probably see this for a while, especially with a number of companies still requiring on-premise datacenters, it seems hard to imagine how others would compete, or manage to outspend/grow the major hyperscalers.

… “The cloud-computing industry is expected to grow to almost $500bn this year, up from $243bn in 2019. Amazon’s cloud offering, the largest in the world, is still growing at 33% each year. It accounted for three-quarters of the firm’s operating income over the past 12 months, and is propping up the tech giant’s ailing e-commerce business. Its closest rivals are the cloud services of Microsoft and Google. Their annual sales are growing by 40% and 36%, respectively.”