Amazon, Microsoft & Google Dominate Cloud Market

Source: Statista

Having established itself as an early leader in the market for cloud infrastructure, Amazon Web Services (AWS), the online retailer’s profitable cloud platform, is still ahead of the pack. According to estimates from Synergy Research Group, Amazon’s market share in the worldwide cloud infrastructure market amounted to 34 percent in the third quarter of 2022, still exceeding the combined market share of its two largest competitors, Microsoft Azure and Google Cloud.

In Q3 2022, global cloud infrastructure service spending climbed to $57 billion, bringing the industry total for the trailing twelve months to $217 billion. As the following chart shows, Amazon, Microsoft and Google accounted for two thirds of cloud infrastructure revenues in the three months ended Sept. 30, with the eight largest providers controlling more than 80 percent of the market.

“It is a strong testament to the benefits of cloud computing that despite two major obstacles to growth the worldwide market still expanded by 24 percent from last year,” John Dinsdale, chief analyst at Synergy Research Group said. “Had exchange rates remained stable and had the Chinese market remained on a more normal path then the growth rate percentage would have been well into the thirties.”

Infographic: Amazon, Microsoft & Google Dominate Cloud Market | Statista

IBM and AgencyLogic CEO Stephen Fells to Co-Present Cloud Computing Seminar

Stephen Fells

Stephen Fells

We are excited to announce that AgencyLogic CEO Stephen Fells will speak at a Dutchess County Regional Chamber of Commerce event on cloud computing. The event takes place tomorrow – May 19th – and is being held at IBM, 2455 South Road, Poughkeepsie, NY.

At the event Stephen, a member of the Chamber’s IT Committee, will discuss how cloud computing offers opportunity and savings to businesses small and large. Various technologies, products and platforms will be discussed and there will be a live, online demonstration of cloud based file sharing tool Google Drive. He will be joined by Anna Sisung, Director of Cloud Computing and Analytics at Marist College and Frank De Gilio, IBM’s Chief Cloud Architect. All three speakers will also participate in an open panel discussion where attendees can ask questions related not only to cloud computing but also technology in general.

IBM DCRCoC Logo

The event is free to members of the chamber of commerce. To register click here: web.dcrcoc.org.

About IBM:

IBM is a globally integrated technology and consulting company headquartered in Armonk, New York. With operations in more than 170 countries, IBM attracts and retains some of the world’s most talented people to help solve problems and provide an edge for businesses, governments and non-profits.

Innovation is at the core of IBM’s strategy. The company develops and sells software and systems hardware and a broad range of infrastructure, cloud and consulting services.

Today, IBM is focused on five growth initiatives – Cloud, Big Data and Analytics, Mobile, Social Business and Security. IBMers are working with customers around the world to apply the company’s business consulting, technology and R&D expertise to enable systems of engagement that deliver dynamic insights for businesses and governments worldwide.

About Marist College:

Marist College, recognized for excellence by U.S. News & World Report, Time, and “The Princeton Review,” and by “Barron’s Best Buys in College Education,” is noted for its leadership in the use of technology to enhance the teaching and learning process.

Founded in 1929, Marist’s 210-acre campus overlooks the Hudson River in the heart of the historic Hudson Valley, midway between New York City and Albany, the state capital.

What started as a school for the training of future Marist Brothers has developed into one of the leading colleges of the arts and sciences in the nation. Marist is ecumenical in character and reflects the ideals of the founder of the Marist Brothers, St. Marcellin Champagnat: commitment to excellence in education, a pursuit of higher human values, and dedication to the principle of service.

Marist is dedicated to helping students develop the intellect and character required for enlightened, ethical, and productive lives in the global community of the 21st century.