… G Suite, the company’s cloud collaboration and productivity service.
Analysts said they expect the public cloud industry – and particularly the top players in it – will continue to see strong growth as enterprises increasingly move applications and data into the cloud and pursue a multicloud strategy of using more than one provider. Gartner analysts forecast the public cloud market will grow to more than $206 billion this year, a 17.3 percent jump over 2018.
“Demand for integrated IaaS and PaaS offerings is driving the next wave of cloud-infrastructure adoption,” said Sid Nag, research director at Gartner. “We expect that IaaS-only cloud providers will continue to exist in the future, but only as niche players, as organizations will demand offerings with more breadth and depth for their hybrid environments. Already, strategic initiatives such as digital-transformation projects resulting in the adoption of multicloud and hybrid cloud fuel the growth of the IaaS market.”
Patrick Moorhead, principal analyst with Moor Insights and Strategy, told Channel Partners that for Amazon and Microsoft, cloud is the future for their businesses, noting that while most of IT is still in traditional data centers, the fastest growth is in the cloud, which is driving the growth for Amazon, Microsoft and IBM.