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Sunday, August 08, 2010

Whatever the Numbers, Cloud Growth is Skyrocketing

A UBS research report sparked a lot of discussion this week with its estimate that Amazon Web Services’ total revenue will top $500 million this year and $1.1 billion by 2014.  Even if the numerical estimates aren’t entirely quantifiable, stated growth from other cloud providers suggests UBS’s estimated growth curve for AWS is probably accurate.  This week, for example, RightScale announced a 1,000 percent customer spending increase from June 2009 through June 2010.  Aside from consistent cloud-based revenue growth, its cloud customer count almost doubled between the first quarters of 2009 and 2010—- from 43,030 to 80,080.

Guy Rosen, who does a quarterly calculation of the top 500,000 web sites hosted on cloud platforms, also has tracked impressive growth.

As of Aug. 2010, his research shows 3,011 sites hosted on Amazon EC2, and 2,825 hosted on Rackspace Cloud Servers.

It’s easy to get lost in the exact numbers, but the constant growth tells the story: Cloud computing (of the externally hosted variety) is growing at a breakneck speed, and AWS appears to have the lion’s share of the market.

Yes, the present revenue numbers are low compared with traditional IT, but the sky is the limit for cloud stakeholders.

Posted on 08/08