Building trust will be “deciding factor in cloud service provider competition” in 2021

A cloud computing graphic.

Spend on cloud infrastructure services by US-based companies grew 29% in Q1 2021 to a record $18.6 billion (£13.10bn), after global cloud spend consolidated in 2020.

Total cloud expenditure in the US increased $4.2bn (£2.96bn) in the past year and $621 million (£437m) in the first quarter of the year, according to the latest Canalys data. Dollar for dollar, annual expansion was the highest in two years, indicating robust demand for cloud services. 

The trend of...

Do techies need financial skills to avoid overspend in the cloud? Introducing… DevSecFinOps

An angry CFO with an unexpected $50,000 invoice on their desk may not be one of the intended outcomes of a cloud migration project. After all, isn’t the move supposed to save you money?

However, this scenario isn’t uncommon among enterprises that move from the on-premise environment that they have become accustomed to.

It goes without saying that organisations running their systems in a data centre are typically concerned with network and infrastructure issues such...

Gartner sees surge in public cloud spend as CIOs shed migration inhibitions

Global end user spending on public cloud services is forecast to grow to $332 billion in 2021 at a yearly growth of 23.1%, according to the latest figures from Gartner.

Software as a service (SaaS) continues to be the largest bucket, representing almost 37% of total spend in 2021. Infrastructure as a service (IaaS) represents almost a quarter, with platform as a service (PaaS) at 17.9% and business process as a service (BPaaS) at 15%.

In terms of growth, desktop as a...

Exploring corporate banking’s growing business case for cloud migration

The impact of public cloud on retail banking is already clear. As a mainstream technology, cloud enables top initiatives such as digital, mobile, and customer analytics. In the corporate banking segment, the pace of cloud adoption and migration has been slower. Top among the forces impeding legacy transformation and the move to the cloud: security and compliance concerns.

Today, corporate banking’s approach to innovative technologies and cloud computing is changing. While...

10 charts which will change your perspective of Microsoft Azure’s growth

Microsoft Azure revenue grew 50% year-over-year in fiscal Q2, 2021, contributing to a 26% increase in server products and cloud services revenue According to the latest earnings call, more than 1,000 Microsoft customers now use Azure Arc to simplify hybrid management and run Azure services across on-premises, multi-cloud and at the edge Commercial cloud gross margins increased to 71% in the latest quarter, up from 67% a year earlier There are now more than 60 Azure regions globally,...

Featured: CloudTech’s list of innovative cloud companies to watch in 2021

Featured 2020 was a fascinating year for cloud technologies. The Covid-19 pandemic forced remote working initiatives which accelerated demand for cloud software and infrastructure. 2021 is going to be about taking advantage of the opportunities which have arisen, with multi-cloud and hybrid cloud to the fore.

As Andrew Brown, general manager EMEA for IBM Cloud and Cognitive Software wrote for this publication last month, while 2021's exact playout is unknown, the company "expects...

Google Cloud hit $3.83bn in Q420 revenues – but breaks out the losses for the first time

Google Cloud has posted revenues of $3.83 billion (£2.8bn) for its most recent quarter - but lost more than $5bn for the year as the company met its promise of giving more details.

The figures for Google Cloud represent 6.7% of overall Alphabet revenues, which can be compared with AWS comprising almost a tenth of total Amazon revenues. Revenues saw an uptick of 46.6% year over year, and up 11% on the previous three months.

Yet Google Cloud is nowhere near a profitable...

AWS reports record $12.7bn revenues for Q420 at growth of 28%

Amazon Web Services (AWS) posted record revenues of $12.742 billion (£9.35bn) for its most recent quarter, at an uptick of 28% year over year.

AWS comprised just under a tenth (9.93%) of overall Amazon revenue, which was another record; $125.6bn for Q420. Full year revenues for AWS were at $45.37bn.

The cloud infrastructure market leader broke the $10bn quarterly revenue mark for the fourth time. While AWS revenues in sheer numbers have grown sequentially over the past...

As the global SaaS market surges, who pays for the energy to power it?

Few consumers think about the electricity that powers their applications. But for the enterprise sector, whose reliance on SaaS is growing, this is not something that can be ignored.

That leaves many questions. How is the energy use and cost being priced into the services such as SaaS? Are SaaS providers paying too much for power?

SaaS providers are focused on cost per transaction; meaning this becomes a question for the data centre operator. Should SaaS providers demand...

Microsoft secures $43.1bn Q2 revenues with Azure growth at 50%

Another quarter, another Microsoft cloudy earnings release which knocks it out of the park. The Redmond giant posted total revenue of $43.1 billion (£31.4bn) for the quarter, a year on year increase of 17%, while Azure growth was at 50%.

While specific Azure revenue figures remain elusive, the three primary buckets continued to see growth. Productivity and business processes hit $13.4bn at an increase of 13% year on year; intelligent cloud, which covers the majority of Azure, saw...