Key Cloud service providers and their services

Summary

The video discusses the rapid growth of the cloud computing market, highlighting predictions from Gartner. By 2020, the public cloud service market is expected to exceed $330 billion, with infrastructure and platform services driving significant growth. Major cloud providers, including Alibaba, AWS, Google, IBM, Microsoft, Oracle, Salesforce, and SAP, offer a wide array of services ranging from IaaS to SaaS, supporting businesses in cloud adoption. The focus for businesses is no longer whether to adopt the cloud, but how to best implement a cloud strategy to stay competitive in the evolving market.

Takeaways

• 📈 Cloud market is rapidly growing, with Gartner predicting an increase from $182.4 billion in 2018 to $331.2 billion in 2020, at a compound annual growth rate (CAGR) of 12.6%.
• 💻 Infrastructure as a Service (IaaS) spending is expected to increase from $30.5 billion in 2018 to $76.6 billion in 2020, growing by 27.5% annually.
• 🛠 Platform as a Service (PaaS) is set to grow from $15.6 billion in 2018 to $31.8 billion in 2020, growing 21.8% yearly.
• 📊 Software as a Service (SaaS) spending will increase from $80 billion in 2018 to $143.7 billion in 2022, shifting from 'cloud-first' to 'cloud-only' strategies.
• 🚀 Cloud adoption is accelerating faster than predicted, and businesses must now focus on the best cloud adoption strategy for growth and customer service.
• 🌐 Alibaba Cloud, the largest Chinese cloud provider, offers diverse services like compute, storage, analytics, and application development to power both its own and customers' businesses.
• ☁️ Amazon Web Services (AWS) offers a wide range of cloud infrastructure and platform services, ranging from compute and DevOps to AI and IoT, on a pay-as-you-go basis.
• 🔍 Google Cloud Platform (GCP) offers infrastructure and platform services for products like YouTube and Google Search, along with collaborative tools via G Suite.
• 🖥 IBM Cloud focuses on public, private, and hybrid cloud environments, strengthened by Red Hat’s acquisition, and offers services in AI, blockchain, and analytics.
• 🔧 Microsoft Azure provides a flexible platform for building, testing, and deploying applications with a global reach, offering both Microsoft and third-party tools.

Q & A

What is the projected growth of the worldwide public cloud service market from 2018 to 2020?

The worldwide public cloud service market is projected to grow from $182.4 billion in 2018 to $331.2 billion in 2020, achieving a compound annual growth rate (CAGR) of 12.6%.

What is the expected growth rate for Infrastructure as a Service (IaaS) spending?

Infrastructure as a Service (IaaS) spending is expected to grow from $30.5 billion in 2018 to $76.6 billion in 2020, with a yearly growth rate of 27.5%.

How is Platform as a Service (PaaS) spending predicted to change from 2018 to 2020?

Platform as a Service (PaaS) spending is expected to increase from $15.6 billion in 2018 to $31.8 billion in 2020, growing at a rate of 21.8% annually.

What shift is occurring in software investments related to the cloud?

There is a shift from 'cloud-first' strategies to 'cloud-only' strategies, indicating a stronger focus on exclusive cloud-based software solutions.

What is the expected growth for Software as a Service (SaaS) from 2018 to 2022?

Spending on Software as a Service (SaaS) is projected to grow from $80 billion in 2018 to $143.7 billion in 2022.

What is the key question businesses face regarding cloud adoption today?

The key question for businesses is no longer whether to adopt the cloud but rather how to develop a cloud adoption strategy that best serves their business and customers.

What services does Alibaba Cloud provide?

Alibaba Cloud offers a comprehensive range of cloud computing services, including compute, network, storage, security, monitoring, analytics, IoT, application development, and data migration. It also powers the Alibaba Group's e-commerce ecosystem.

What are some of the services offered by Amazon Web Services (AWS)?

Amazon Web Services (AWS) offers a wide array of services, including compute, DevOps, data analytics, IoT, machine learning, networking, content delivery, robotics, and serverless computing, on a pay-as-you-go basis.

How does Google Cloud Platform (GCP) support its users?

Google Cloud Platform (GCP) provides infrastructure, platform, and service computing environments, including products for communication, productivity, collaboration, storage, and web application development through its managed data centers.

How is IBM positioning itself as a leading cloud provider?

IBM is positioning itself as a leading hybrid cloud provider through its full-stack cloud platform that spans public, private, and hybrid environments. It offers services in compute, network, storage, management, and security, alongside emerging technologies such as AI, IoT, blockchain, and data analytics. Its acquisition of Red Hat further strengthens its hybrid cloud offerings.