In the quarter ending March 31, a record $41.8 bn was spent on cloud computing services, said market tracker Canalys. Global spending on “cloud infrastructure services” was pegged around $11 bn. Amazon Web Services or AWS lead the market in the period with 32 % of the overall market share. It was followed by Microsoft’s Azure platform with 19 % of the market. Google Cloud had a 7 % market share. Each of them, however, saw their cloud businesses growing.
A Gartner forecast said that the end-user spending on Public Cloud services in India will grow in double digits for the first time to reach $4.4 bn in 2021. A 31.4 % rise compared to the last year in spending on SaaS and cloud management and security services. Customer experience and relationship management (24.9%) and content services (26.1%) will be the top two growth segments in the year.
Microsoft is offering three new Azure-specialisation courses on the learning platform Coursera. 1) Azure Fundamentals Specialization: provides a basic understanding of Azure cloud services and knowledge to build a cloud solution. 2) AI Fundamentals specialization: covers AI and ML, computer vision, NLP, and conversational AI. 3) Data Fundamentals specialization will be covering the roles and tasks involved in using Azure to store, process, manage and analyze data.
Tech Mahindra has acquired DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 mn, including retention bonus and earnout. The acquisition will help Tech M to strengthen its hybrid-cloud offerings, cloud-native development, and Site Reliability Engineering automation. DigitalOnUS is headquartered in California and has a presence in India, as well. It has over 380 employees and posted a revenue of $30.6 mn for the FY ending on 31st Dec 2020.
Dell would spin off its 81% stake in VMware to lower its long-term debt of $41.62 bn, mostly taken during its 2016 acquisition of EMC. The cloud computing firm will disburse a special cash dividend of around $12 bn to all its stakeholders, including Dell, which will receive around $9.7 bn, in a likely tax-free transaction. Dell, with the spinoff, will also get an investment-grade rating and simplify the capital structure. VMware, at present, is Dell’s best-performing unit.
SBI Card has implemented Oracle HCM HR System and integrated it with Oracle HCM Cloud with other Cloud Apps of Payroll, rewards & recognition, and expense management. The company now onboards new employees on the Cloud HCP platform with ease and success. “Now Employee Onboarding, performance management and training are done on Cloud HCM solution,” Rama Mohan Rao Amara, MD & CEO, SBI Card, said in an interview with ETCIO.
Salaries of cloud computing talent have jumped 100 % high due to the pandemic, and push for digitalisation. A cloud computing professional, a year ago, with five years of experience, was drawing Rs 15 lakh anually is now offered Rs 30 lakh. Similarly, a mid-level executive with 10 years of experience is now offered of about 1 cr, up from Rs 40-50 lakh per annum, said an Xpheno survey. The survey pegged the talent shortage of 80% in the cloud computing space.