India's largest platform and marketplace for AI & Analytics leaders & professionals

Sign in

India's largest platform and marketplace for AI & Analytics leaders & professionals

3AI Digital Library

Cloud Infrastructure market: Amazon, Microsoft, and Google continue to thrive

3AI February 17, 2021

Even in the middle of a pandemic, companies including Amazon, Microsoft, and Google continue to thrive thanks to their control over the cloud infrastructure market.

When we talk about regulating big tech, the discussion usually centers on online privacy and location tracking, but we never seem to discuss the control these companies have over a vast majority of the internet. We use free apps and services every day but fail to mention where all that data is stored—in the cloud. If we want big tech to have less control over our daily lives, maybe we should start worrying about the stranglehold these few companies have over our data.

According to data collected by the Synergy Research Group, four companies own 67% of the world’s $130 billion cloud market. Leading the pack by a large margin is Amazon Web Services, which enjoys a whopping 32% market share against the competition. This is followed by the 20% share enjoyed by Microsoft’s Azure infrastructure. So these two companies alone make up 52% of the market.

Behind the two dominant companies, Google Cloud at 9% and Alibaba Cloud at 6% round out the top four, which own over half of the overall market. After that, IBM Cloud, Salesforce, Tencent Cloud, and Oracle Cloud make up 12% of the market combined.

Between the infrastructure-as-a-service and platform-as-a-service schemes employers subscribe to and the hosted private cloud services we use every day, companies like Amazon, Microsoft, Google, and Alibaba have ultimate control over our data. Google may not be viewing everything you upload to Google Drive, for instance, but these companies do gain access to our personal data through the free services you use.

In the fourth quarter of 2020 alone, cloud infrastructure services brought in a total of $37 billion as the world solidified its work from home setup. This was a $4 billion jump from the previous quarter, proving that these companies continue to thrive off our data while many other businesses suffer.

Picture from freepik.com

    3AI Trending Articles

  • Transforming Customer Experience in Contact Centers using AI

    Author: Sudha Bhat, AVP – Customer Analytics, Genpact Modern customers are conscious buyers and do not settle for less. The pandemic has further emphasized the need to provide an exceptional customer experience. Customer support is one of the critical touchpoints to drive experience. It is even more relevant in today’s super competitive digital era, where […]

  • PoS Terminals Open Consumers to Fraud

    Point-of-sale terminal vendors Verifone and Ingenico have issued mitigations after researchers found the devices use default passwords. Point-of-sale terminal vendors Verifone and Ingenico have issued mitigations after researchers found the devices use default passwords. Researchers are detailing widespread security issues in point-of-sale (PoS) terminals – specifically, three terminal device families manufactured by vendors Verifone and […]

  • A hacker broke into a Florida Water Treatment Plant

    A hacker broke into a Florida water treatment plant and ordered it to increase the amount of lye to extremely dangerous levels, officials said. . A hacker broke into a Florida water treatment plant and ordered it to increase the amount of lye in the water to extremely dangerous levels, officials said Monday. The plant […]

  • Decoding the genesis of Hyperautomation and how the infusion of AI and Generative AI is taking it to the next level

    Featured Article: Author: Anjum Javed, Reveal HealthTech INTRODUCTION Hyperautomation, as the name suggests is an approach to turbo charge and scale the automation in an enterprise by recognizing business processes and creating an orchestration layer atop the existing IT infrastructure to co-ordinate the workflows for increasing levels of automation. It is about envisioning an enterprise […]