Synergy’s John Dinsdale predicts that the growth we saw in the last year is here to stay, even as the market continues to mature and the law of large numbers takes increasing effect.
Jamin Ball, a partner at Altimeter Capital, writing in his excellent Clouded Judgement newsletter, sees a similarly bright future for these vendors:
Synergy reports that the Big 3 constitute 67% of overall market share, or approximately $50 billion in total cloud revenue coming from the three largest companies for a single quarter.
One thing was clear last year, Microsoft was putting the heat on Amazon and left the company on its heels, perhaps for the first time, with its aggressive deal making with OpenAI.
Scott Raney, a partner at Redpoint, told TechCrunch at re:Invent in December that Amazon was clearly playing catch up when it came to AI, and it was an unusual place for the company to find itself.
Whether Microsoft’s aggressive approach to AI represents a similar advantage isn’t clear yet, but it’s hard to ignore a two percentage point market share increase in a single quarter.
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