Posted by aionol | 16 JAN 2018

Is China Leading the Public Cloud Space?

Cloud computing is spreading across the globe. As businesses realise the real benefits of cloud computing – other than operational cost savings – more and more cloud-based enterprise structures evolve. And it comes at no surprise. Almost every IT-based innovation in the last year has emerged from cloud computing structures. This includes trends in areas such as […]

Cloud computing is spreading across the globe. As businesses realise the real benefits of cloud computing – other than operational cost savings – more and more cloud-based enterprise structures evolve. And it comes at no surprise.

Almost every IT-based innovation in the last year has emerged from cloud computing structures. This includes trends in areas such as AI, quantum computing and blockchain.

The Market For Public Cloud

The public cloud sector reports considerable growth every year. Recently, the global public cloud services market was recorded to grow at 28.6% yearly, with revenues totaling almost $64 billion.

And the growth of the cloud computing market is not contained within Europe or the Americas. In fact, it is the Asia-Pacific region that has recorded the highest regional growth with 38.9%. That means that now, this regional market earns 11.5% of all revenues in the public cloud services market, and China is the key driver.

Is China Leading the Public Cloud Space?

Is China Leading the Public Cloud Space?

Competition in the Public Cloud Market

In the past, Amazon Web Services (AWS), Microsoft and Google dominated the public cloud market. Analysing the dominance of the market by organisations with the ability to invest large sums, it seems competition is not likely to increase.

Or so you might think.

Alibaba has regularly reported significant increases in its cloud services performance. The Chinese retail and manufacturing giant is seen as a competitor and the highest potential to enter the public cloud market.

The public cloud market is growing due to increased demand by businesses.

Don’t miss the train. Migrate to the cloud to keep up with your competition. Contact Iono Inc to discuss your cloud migration strategy.

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