Public cloud revenues to jump by 26% YoY to $525B in 2023

A pile of Sterling notes.

The global demand for public cloud services continues surging as the world becomes increasingly digitized.

Over the past years, Amazon Web Services, Microsoft Azure, and Google Cloud Platform have seen impressive growth in the adoption and usage of their services, which will undoubtedly continue in 2023 as the entire market is set to witness a double-digit growth.

According to data presented by TradingPlatforms.com, global public cloud revenues are expected to jump by...

Public cloud adoption is stagnating as preference for hybrid cloud grows

A cloud computing graphic.

60% of organisations have a hybrid cloud strategy in place, comfortably ahead of the 36% that embrace a cloud-first arrangement.

This underlines how the appetite for public cloud is decreasing as more businesses opt for the convenience and flexibility of hybrid, indicating that cloud providers should optimise their hybrid offerings to meet this demand.

The data was taken from the joint Fujitsu UK and Cloud Industry Forum (CIF) white paper, 'The transformational impact...

55% of UK IT pros trust public cloud providers less than two years ago

Scrabble tiles spelling 'trust'

More than half (55%) of UK IT professionals currently trust public cloud services less than they did two years ago, having run into challenges around usage costs, migration and customer service.

This is according to a study by Leaseweb Global, a hosting and cloud services company, which explored 500 UK-based IT professionals’ experience with public cloud providers over the last two years. The study raises questions regarding whether hyperscale is the best way forward or viable...

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,...