Top Cloud Providers Double Compute Offerings in 5 Quarters | Liftr Insights Data Reveals
Liftr Insights data on the top public cloud providers demonstrated a doubling of their offerings in 15 months
Liftr Insights, a pioneer in alternative data, identified that compute offerings by the top four public clouds worldwide have more than doubled from June 2019 to September 2020. Another tidbit (about Google Cloud) is included below.
“We hear about the public cloud growing, particularly during the COVID-19 pandemic, but we track the details, such as number of cloud offerings across the globe, to substantiate (and sometimes refute) the claims,” says Tab Schadt, CEO of Liftr Insights.
What are Cloud Offerings?
Public cloud providers like AWS and Microsoft Azure deploy compute instances of many types to serve their customer base. These compute instance types differ by processor (e.g. Intel vs. AMD) and accelerators (e.g. NVIDIA GPUs plus Google and AWS in-house designed artificial intelligence chips). Each instance type also has sizes based on the number of virtual processor cores, amount of memory and other features. Every unique combination of features deployed in each cloud region around the world are tracked by Liftr Insights as unique offerings.
Why are financial investors interested in this change?
Financial investors prefer data over speculation. They achieve their “alpha”—the edge they need to stay ahead of the competition—with solid and timely data. The types of additions the cloud providers choose to deploy reveals their investment directions to better serve customers. Cloud deployment decisions speak volumes about the future prospects for the cloud supply chain – specifically semiconductor suppliers for processors, accelerators, memory, networking and other chips deployed in modern cloud datacenters. Hedge funds use this data in their investment models and company analyses.
“Over half of datacenter hardware is now consumed by cloud and not by enterprise on premise purchases,” explains Paul Teich, Semiconductor and Cloud Subject Matter Expert. “The cloud supply chain is designed for direct supply agreements or very short distribution chains, so it is opaque to traditional market intelligence survey-based research.”