Is the Public Cloud growing fast enough?

02/05/2021 29 min
Is the Public Cloud growing fast enough?

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Episode Synopsis

Public cloud is expected to grow 23% (overall) in 2021. Is that a fast enough pace of growth, or are there still significant barriers to adoption and faster growth?SHOW: 511SHOW SPONSORS:Cut your Cloud bills in half with Linode Linux VMs$100 in Free Credits at LinodeCloudZero - Cloud Cost Intelligence for Engineering TeamsOkta - Safe Identity for customers and workforceTry Okta for FREE (Trial in 10 minutes)CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotwCHECK OUT OUR NEW PODCAST - "CLOUDCAST BASICS"SHOW NOTES:Gartner forecasts 2021 Public Cloud GrowthGartner forecasts 2021 IT Spending (Overall)Global Smartphone Market Share (2021)Apple reports quarterly earningsAmazon/AWS reports quarterly earningsMicrosoft reports quarterly earningsGoogle/Alphabet reports quarterly earningsIS THE PUBLIC CLOUD GROWING QUICKLY? Q1 2021 vs. Q4 2020: AWS (+30%), Azure (+23%), GCP (+46%)Growing faster than On-Premise, Existing IT (8.4%)WHY ISN"T THE PUBLIC CLOUD GROWING FASTER?Data Gravity - Moving data into the cloud is expensive and slowData Centers are long-term depreciation activities (10-20 years)“App Modernization” budgets are small - as a % of IT budgetsSaaS is growing at 20% YoYCloud Costs are expensive and complicated to understandTech VC is still investing in Tech StartupsSecurity is always a Top 3 priority, and Cloud Security is differentA large portion of Enterprise and Gov’t isn’t connected to the Internet - and Mainframes aren’t in the cloud. Retraining Cloud Skills takes time (Gladwell 10,000 hour rule)FEEDBACK?Email: show at thecloudcast dot netTwitter: @thecloudcastnet