Everything that we purchase nowadays has started to come with a duration-based subscription plan. Waking up in the morning and scrolling the New York Times on mobile, taking a cab to work, and watching your favorite web series on Netflix in the evening— almost everything is consumed as a subscription! Studies show that the subscription e-commerce market has witnessed a … [Read more...]
Selling and reselling cloud services is a trending business these days. And for good reason: Cloud Service Providers (CSPs) have a wide range of opportunities in it to make profits. Companies are increasingly shifting to the cloud, making the cloud market one of the biggest disrupters in the tech industry. The cloud market is flourishing The public cloud market will reach … [Read more...]
Cloud technology is the foundation of any digital business. Gartner predicts that cloud computing and services will be a $300 billion business by 2021. "Demand for integrated IaaS and PaaS offerings is driving the next wave of cloud infrastructure adoption," - Sid Nag, research director at Gartner. “We expect that IaaS-only cloud providers will continue to exist in the … [Read more...]
Over the last few years, the adoption of cloud has significantly grown to become a norm among both - large businesses as well as SMBs. According to RightScale’s 2019 State of the Cloud Report, 94% of enterprises around the world are using the cloud. Further, Gartner predicts that the global public cloud services market will be worth $331 billion by 2022. These statistics … [Read more...]
$32 billion! That was the whopping amount of revenue revealed by CEO Satya Nadella and Amy Hood – Chief Financial Officer at Microsoft, in the Q2 earnings report 2018. There was a 12% increase from the previous year. The commercial cloud revenue also increased to 48% year over year to $9 billion. It is an amazing fact that 95% of Microsoft commercial revenue directly flows … [Read more...]
