What does the cloud vendor results tell us about 2017? According to the results from Cleveland Research, cloud vendors reported a banner year for 2017 that was an increase of 48% year over year. These overall results are on the high end of the 40% – 50% that was the expected targets and come in totaling $38.6 billion. The fourth quarter in 2017 had an accelerated growth to 50%, which is an overall increase of 4% in comparison to the prior quarter that came in with a 46% growth.
When it comes to the cloud, anything and pretty much everything is being presented As-a-Service (aaS).
Can you believe we have reached the month of May already? Where does the time go? The end of April also is the time for some of the public cloud companies to release their earnings for the 1st Quarter of 2017 and as such, we have some numbers to report on from Amazon, Microsoft, Alibaba, IBM, Oracle and SAP. For full disclosure the sources that I have used for this post are as follows. The publicly released company reports, Cleveland Research, Factset Estimates and CRC Estimates. The SAP numbers have been converted to dollars for the comparisons and revenues being reported include IaaS and SaaS/PaaS that have been sold on an IaaS platform.