In a global economy rife with inflation, rising interest rates and recession, demand for cloud services remains strong. AWS accounted for 31% of total cloud infrastructure services spend in Q2 2022, making it the leading cloud service provider. Azure was the second largest cloud service provider in Q2, with a 24% market share after growing 40% annually. Google Cloud grew 45% in the latest quarter and accounted for an 8% market share. The private deployment segment accounted for the highest share of more than 45.90% of the overall revenue in 2022. A small individual, instead of the general public, has access to private clouds, which offer computing capabilities across a personal network or the internet.

In addition, it is anticipated that improvements in product diversification and upgrades, as well as the expansion of services, would help businesses succeed in the market. As a cloud service provider, Alibaba Cloud is proactive in providing after-sales technical support. Alibaba Cloud provides timely and highly recognized technical support for customers by using DingTalk groups. GCX’s managed network services platform connects approximately 27,000 sites in 158 countries through a combination of leased and owned infrastructure offered through a dedicated secure IP network.

OVHcloud US is a subsidiary of OVHcloud, a cloud team provider that specializes in delivering industry-leading performance and cost-effective solutions to better manage, secure, and scale data. OVHcloud US delivers bare metal servers, hosted private cloud, hybrid, and public cloud solutions, recognized in 2020 as a «Strong performer» in Forrester’s Hosted Private Cloud Services in N.A. And as a «Contender» in IDC Worldwide Public Cloud as a Service Vendor Assessment . OVHcloud manages 33 data centers across 12 sites on four continents, manufacturing its own servers, building its own data centers, and deploying its own fiber-optic global network to achieve maximum efficiency. Through the OVHcloud spirit of challenging the status quo, the company brings freedom, security, and innovation to solve data challenges – today and tomorrow.

Trading Details As of 03/03/23

Based on services, the industry has been further categorized into Infrastructure as a Service , Platform as a Service , and Software as a Service . The SaaS segment dominated the industry in 2022 and accounted for the highest share of more than 53.95% of the overall revenue. The segment is estimated to expand further at a steady growth rate retaining its leading position throughout the forecast period. The demand for SaaS can be attributed to its easy maintenance, flexible costs, and easy deployment. Alibaba Cloud networking services provide a highly stable, low latency, and high-speed network with flexible hybrid cloud connections, delivering secure and reliable communication to and from IDCs in 27 regions globally.

Excessive idling, harsh acceleration, harsh braking – every one of these behaviors costs your company money. In April 2017, Global Cloud Xchange partnered with Alibaba group’s Alibaba Cloud Express to drive new business opportunities in enterprise segment.

Top 3 reasons why cloud storage budgets are growing:

Get global coverage and real time alerts when you need them most with our global fleet tracking technology. GCX has owned as well as leased terrestrial networks with a total length of 83,432 rkm integrated within the subsea cable system. These are present in over 34 metropolitan areas across 14 countries covering major business centres. In May 2021, GCX announced key findings from a Pioneer Consulting report evaluating the service life of its global subsea asset.

• We stake our reputation on the quality of our data, our innovative use of technology and our high level of customer service.
• Global Cloud Fleet is the world’s leading provider of fleet safety technology.
• Should any major problem occur, the database itself can be uploaded back within 15 minutes from the moment our server admins start the process.
• In 2008, RGL acquired Vanco through one of its wholly owned subsidiaries.
• The team at Canalys bring with them many years of experience as advisors to the IT and high-technology sectors.

Be a go-to resource for the latest market moves by providing real-time financial content on your website and mobile applications. Cboe Global Cloud is a premier solution for real-time, streaming data without the need for physical connectivity to multiple, separate and distinct platforms. Whether you join us for a tour of the trading floor, an education class, or a full program of learning, you will experience our passion for making product and markets knowledge accessible and memorable. Data from international markets with as little as an internet connection. Computing—a foundational resource for businesses and governments alike as they strive to harness emerging technologies such as 5G, artificial intelligence, and the internet of things. This pillar consists of various data points that indicate how well each country is served by telecommunications networks and computing resources which enable cloud-centric production models.

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In both cases, the providers are increasing investment outside of the US as they look to capture global demand and ensure they can provide low-latency and high data sovereignty solutions. In 2020 Canalys established a new, separate company called Canapii, which is part of the Canalys group. Canapii is an online event management platform that provides organizers with unique tools and solutions to host all types of events. In 2008, RGL acquired Vanco through one of its wholly owned subsidiaries. Vanco provides enterprise clients, directly or through partners, with optimized fully managed network solutions.

Our proprietary ECS cloud servers provide fast memory and the latest CPUs to power your cloud applications with low latency. Deploy ECS instances with just a few clicks and scale your capacity based on real-time demands. Cisco Systems, Inc. is a global organization that leverages third parties (e.g., Affiliates, Partners, and Suppliers) to facilitate its business operations. By clicking the submit button below, you are providing your consents to transfer your personal information outside of Mainland China and to sharing your data with third parties. If you do not wish to provide your consents, please do not submit this form. See Cisco’s Online Privacy Statement for more information, or reach out to us using Cisco’s Privacy Request form.

Once we find out your needs, it will take us up to 10 days to form an outstaff team. We will turn your great ideas into tangible, effective solutions that can be scaled up to fit your needs. In the never-ending battle of «going global», you need a reliable partner to help you navigate through the complex and dynamic market. Alibaba Cloud operates 86 availability zones in 28 regions around the world with more global regions set to follow.

Frost Radar™: Global Cloud IaaS and PaaS Market, 2022

With a 22+ year heritage, OVHcloud is committed to developing responsible technology and strives to be the driving force behind the next cloud evolution. However, rising data privacy and security concerns may hinder the market growth. Large-scale enterprises are increasingly using cloud-based technologies to control and lower their Capital Expenditure and Operational Expenditure , as well as the rising volume of data created through websites and mobile apps.

Beyond the capacity investments, software capabilities and partnerships will be vital to meet customers’ cloud demands, especially when considering the compute needs of highly specialized services across different verticals. Since Canalys’ inception, our team of analysts and consultants around the world have worked with companies in the technology ecosystem to provide custom solutions. Many of our projects are supported using data and feedback from the Candefero channels community. We undertake bespoke work in all our areas of research and have built several specializations within this.

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By adopting cloud solutions and services, organizations can support their key business activities effectively, move business workloads to a cloud platform, and avoid the latency of the network. Major vendors are launching new cloud solutions, services, and workloads and enhancing the capabilities of their current ones to increase their position in the industry. For instance, in May 2021, Google Cloud launched three solutions namely Datastream, Analytics Hub, and Dataplex to provide businesses with a uniform data platform, database, and data analytics portfolio. The large enterprises segment accounted for the highest share of over 51.00% of the overall revenue in 2022. A rise in demand for cloud computing services results from remote working, allowing collaborative teams to access previously centralized data.

A diverse go-to-market ecosystem, combined with a broad portfolio and wide range of software partnerships is enabling Microsoft to stay hot on the heels of AWS. It goes without saying that all applications are constantly monitored and immediate reports are generated in case of any issues. This allows us to resolve the majority of problems without even affecting the end user. Any access to the application goes through a tunneling protocol while the database is stored on an encrypted disc. Being able to replace a piece of hardware that malfunctioned in a quick manner is just as important as the rest when making sure clients‘ continuity is taken care of. The application keeps running as long as there is at least one disc working.

Two GNOCs in Denver and Mumbai act as the global network operational centres of the GCX Global Network, the functions of which include 24-hour monitoring, network operations, restoration coordination and technical support. In October and December 2014, GCX launched transformational Cloud X platform in Hong Kong and London. This new high performance enterprise-class platform delivers applications and content across the company’s privately owned global fiber optic network.

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Variables influencing demand include decreased enhanced teamwork, operating costs, better flexibility, and a shorter time to market. Cloud computing allows large-scale businesses to automate routine tasks to be completed more quickly. The BFSI segment accounted for the highest share of more than 24.75% of the overall revenue in 2022. The BFSI industry has seen a surge in online banking activity, leading money lenders to embrace the digital revolution, with cloud computing playing a crucial part in this strategy.

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