Up until this week, it would have been easy to get caught up in the fiction that growth in public cloud spending was slowing. After all, if you looked across the different cloud providers, you’d see them reporting lower growth rates each quarter, as Jordan Novet captures in a chart. This quarter, however, each of the major clouds ticked up on growth or stayed roughly constant.
This isn’t going to stop anytime soon, as a new Accenture report indicates. The Covid era may be one that we can’t wait to get past and forget, but it has created tremendous impetus for digital transformation projects that were planned but never executed. Still, the question remains, how fast can we get to the future?
A law of big numbers
I’ve written before that this shift to cloud computing is going to take time. Yes, we’re hundreds of billions of dollars in revenue into the shift, as measured by Gartner and IDC, but overall IT spending tops $4 trillion. Granted, much of…