Cloud Platforms 2024 Market Insights™

June, 2024

This report identifies key demand-side trends in the cloud platforms market, helping enterprises fine-tune their cloud adoption strategies. It consists of key trends and enterprise business challenges in the cloud platforms space based on Avasant’s assessment.

Why read this Market Insights?

The advent of generative AI has transformed the cloud market by introducing new trends. Key developments include the widespread adoption of AI-enhanced cloud services, which enable sophisticated data analysis, personalized user experiences, and advanced automation capabilities. Businesses are increasingly utilizing coding assistants powered by AI to significantly enhance productivity for developers. Additionally, there is an increased focus on serverless computing and containerization initiatives to enable scalable and cost-effective cloud solutions. Enterprises are also developing tailored solutions to address industry-specific use cases, ensuring that AI-based cloud capabilities are aligned with unique business needs and challenges.

The Cloud Platforms 2024 Market Insights™ aids enterprises in identifying important market trends and challenges for any cloud adoption project they take part in.

Methodology

The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives, targeted discussions with service providers, subject matter experts, and Avasant Fellows, and lessons learned from consulting engagements.

Table of contents

About the report (Page 3)

Executive summary (Pages 4–7)

    • Defining cloud platforms
    • Key enterprise cloud platform trends shaping the market
    • Avasant recognizes seven top-tier cloud platform providers supporting enterprise IT environments

Demand-side trends (Pages 8–12)

    • Businesses are leveraging AI-enabled coding assistants to improve developer productivity.
    • Enterprises have adopted generative AI extensively to optimize core organizational functions over the past 12 months.
    • Organizations continue to increase their focus on serverless computing and containerization initiatives.
    • Enterprises are implementing cloud solutions to address industry-specific use cases.

Key contacts (Page 13)


Read the Research Byte based on this report.

Please refer to Avasant’s Cloud Platforms 2024 RadarView™  for detailed insights on the service providers and supply-side trends.

 

 

CONTACT US

DISCLAIMER:

Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

Welcome to Avasant

LOGIN

Login to get free content each month and build your personal library at Avasant.com

NEW TO AVASANT?

Click on the button below to Sign Up

Download

Welcome to Avasant