Microsoft Azure is growing at a faster pace than AWS says latest IT spending survey from Goldman Sachs conducted on 100 IT executives from Global 2000 companies which was conducted in December 2019.
The survey results showed that 56 are using Azure IaaS versus 48 for AWS, which seems to indicate that Microsoft is narrowing the gap in this segment as well.
The battle between the top two cloud providers is entering a new phase. Microsoft is now the most popular cloud services supplier and is steadily gaining market share against Amazon AWS.
Goldman Sachs Survey also reported about IT Executives choice of most preferred public cloud deployment in two areas : IaaS (infrastructure-as-a-service) and PaaS (platform-as-a-service).
In both Areas Microsoft Azure’s momentum demonstrated growth rate beating out Amazon. The infrastructure (IaaS) cloud business, which we often read about when comparing cloud services still trails Amazon.
But Microsoft also offers PaaS like office 365, which makes its cloud offerings more robust and attractive to new adopters. This also makes the Microsoft’s cloud business much bigger than AWS.
Competition between the big players is heating up as cloud software is proving itself to be the booming new trend in the tech space, such as for the $10 billion Pentagon JEDI contract earlier this year, where Microsoft won out on the deal over Amazon.
With Azure’s popularity and growing momentum in the cloud services space, analysts predict that Microsoft and its CEO Satya Nadella will “win the next stage of the cloud war” against Bezos and Amazon in 2020.
Cloud Computing wars are just getting started with plenty of potential market share to go around. Analysts estimate that 23% of IT workloads are already on public clouds, a jump from 19% from June 2019. This number is expected to hit 43% over the next three years, which means huge growth potential not only for Amazon and Microsoft but also for third place holder, Alphabet GOOGL.
The booming cloud services market on the whole is likely to hit an enormous valuation of $1 trillion.
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Press release by: Indian Clicks, LLC