Page 46 - Breaking Analysis News Today

Big 4 cloud providers poised to surpass $115B in revenue this year SHARE We’re seeing the emergence of four, and only four, A players in the market for hyperscale cloud computing services. For the combined infrastructure as a service and platform as a service market, only Amazon Web Services Inc., Microsoft Corp. with Azure, Alibaba Group Holding Ltd. and Alphabet Inc.’s Google Cloud Platform have the resources, momentum and stamina to outperform all the others —...

Dave Vellante's Breaking Analysis: The complete collection - SiliconANGLE

These four key drivers will cause tech spending to roar back in 2021 SHARE Tech spending is about to roar back. Following a 4% to 5% contraction in 2020, we expect a 6% to 7% increase in 2021 technology spending. We see four key drivers for that growth: 1) Continued fine-tuning of and investment in digital strategies, such as cloud, security, artificial intelligence, data and automation; 2) Application modernization initiatives, such as containers; 3) Steady remote wo...

SHARE The next 10 years of cloud will differ dramatically from the past decade, in ways we couldn’t have imagined just a few years ago. The early days of cloud deployed virtualization of standard off-the-shelf components to scale out and build a large distributed system. The coming decade will see a much more data-centric, real-time, intelligent, hyper-decentralized cloud that will comprise on-premises, hybrid, cross-cloud and edge workloads. And it will have a services layer that abstracts a...

Dave Vellante's Breaking Analysis: The complete collection - SiliconANGLE

New CEO Pat Gelsinger must channel Andy Grove and recreate Intel SHARE Much of the discussion around Intel Corp.’s current challenges understandably is focused on manufacturing issues and its ongoing market share skirmish with Advanced Micro Devices Inc. But the core issue the chipmaking giant faces is it has lost the volume game, forever. When it comes to silicon, volume is king. As such, incoming Chief Executive Pat Gelsinger faces some difficult decisions. On the ...

SHARE In our 2020 Enterprise Technology Predictions post, we said that organizations would slow down experimentation this year and begin to operationalize their digital transformation proof-of-concepts. We also said that, based on spending data, cybersecurity companies such as CrowdStrike Holdings Inc. and Okta Inc. were poised to rise above the rest in 2020 along with an accelerated pace of cloud migrations. And we said the S&P 500 would surpass 3700 in 2020. Little did we know that a pandem...

Cloud momentum and CIO optimism point to a 4% rise in 2021 tech spending SHARE A range of new data now suggests that tech spending will be higher than we previously thought for 2021. COVID-19 learnings, a faster-than-expected vaccine rollout, productivity gains and broad-based cloud leverage lead us to raise our outlook for next year. We now expect a 3% to 5% increase in 2021 technology spending, roughly double our previously forecasted growth rate. In this Breaking A...

As AWS storage revenue nears $10B, legacy players feel the heat SHARE The storage business as we know it has changed forever. The storage business as we know it has changed forever. On premises, external storage was once a virtually unlimited and untapped bastion of innovation, VC funding and lucrative exits. Today it is a shadow of its former self and the glory days of storage in the data center will not return. We believe AWS’ storage business is around $6.5-$7B to...

How Snowflake plans to change a flawed data warehouse model SHARE Snowflake Inc. will not grow into its heady valuation by simply stealing share from the on-premises data warehouse providers. Even if it got 100% of the data warehouse business, it wouldn’t come close to justifying its market cap. Instead, Snowflake must create an entirely new market based on completely changing the way organizations think about monetizing data. Every organization we talk to says it wa...