31 May

What Are the Key Trends in the Cloud Market?

WRITTEN BY Puneet Sikka

Top four cloud services players are growing at a rapid rate

In the previous parts of this series, we discussed how Google (GOOG) has suddenly become an aggressive player in the cloud services market. In this article, we’ll discuss key trends affecting the cloud services market. A major trend that we are seeing is that big players are becoming even bigger in this market.

What Are the Key Trends in the Cloud Market?

According to a report from Synergy Research Group, Amazon’s (AMZN) revenue in the cloud services space grew by 57% YoY (year-over-year) in 1Q16. The next three players, Microsoft (MSFT), IBM (IBM), and Google, grew at a rate of 93% during the same period.

However, the next 20 players, which include Alibaba Group Holding (BABA), CenturyLink (CTL), Hewlett Packard Enterprise (HPE), and Oracle (ORCL), grew by 41%. Although a growth rate of 41% is impressive, it’s still less than the overall cloud services market growth of 52%. This means that the top four players have gained market share over the last year.

The United States accounts for half of the cloud services market

Another trend we’re seeing is that the United States continues to account for almost half of the cloud and Internet data centers market, according to another report from Synergy Research Group. This is surprising considering demand for cloud services is worldwide. However, this situation could change as all the major cloud players plan to open a number of data centers in Europe and Asia.

In the next part of this series, we’ll discuss Alphabet’s capital expenditure on Google Fiber.

Latest articles

After opening on a bearish note on Wednesday, Tesla (TSLA) was trading with 4.8% losses for the day, near $195.25 at 1:16 PM ET.

With voting conducted in seven phases panning six weeks, India’s (EPI) elections have been a grand affair—to say the least. Tomorrow is the day of the results.

Qualcomm (QCOM) stock fell more than 10% in the first half of trading on May 22 after it lost its licensing lawsuit with the US FTC (Federal Trade Commission).

Apple (AAPL) suffered a setback recently when the US Supreme Court allowed an antitrust lawsuit against the company to proceed.

Today doesn’t seem to be a good day for electric vehicle companies. Earlier today, NIO stock hit an all-time low of $4.00.

22 May

Cannabis Stocks Struggle to Find Direction

WRITTEN BY Adam Jones

The cannabis sector has been struggling to find direction on May 22, with cannabis stocks trading on a largely mixed note in the first half.

172.31.38.64