While the article below never explicitly mentions IaaS (Infrastructure-as-a-Service), and rather just vaguely refers to ‘cloud services’ or ‘cloud providers, the companies mentioned are all fierce competitors in the IaaS market. Therefore, we would to highlight some interesting facts, figures and predictions for this $10 Billion dollar Amazon Web Services ‘Fad’ called IaaS.
Amazon’s cloud success stokes fears of old tech failures
We have summarized some of the highlights below:
- Since Amazon (AMZN) started disclosing the results of its cloud service business back in April, the stock is up 68%, representing a $124 billion increase in stock market value
- …the industrial giant [GE] could slash the cost of running an important oil and gas application over 90% by shifting to the cloud
- Application updates that once took 20 days can now be implemented in two minutes
- [Coca-Cola’s CTO] said “Our data centers have always had lots of servers, lots of cost, using a lot of energy, and this is not going to get us to the future,”
- Amazon’s web services unit has already reported revenue of $5.4 billion for the first three quarters of the year, an increase of 70% over the same period a year ago.
- Sales should exceed $10 billion next year and $16 billion in 2017
- Cloud Winners, so far as of 2015, according to this article are AMZN, GOOGL and MSFT:
- And the not-so-winners, so far as of 2015, according to this article are IBM, HPQ and EMC:
One of the really interesting points from an IaaS perspective is that Infrastructure is the foundation for ‘Cloud’ applications. So it’s our predication that after the foundation is built then the acceleration with the number, variety and revenue for SaaS (Software-as-a-Service) applications will be even more explosive than IaaS, which should be a logical conclusion.
We are in the midst of amazing technological times and it affords great opportunities for those with vision.