Dave Vellante
Latest from Dave Vellante
BREAKING ANALYSIS
As AWS storage revenue nears $10B, legacy players feel the heat
The storage business as we know it has changed forever. The storage business as we know it has changed forever. On premises, external storage was once a virtually unlimited and untapped bastion of innovation, VC funding and lucrative exits. Today it is a shadow of its former self and the glory days of storage in ...
BREAKING ANALYSIS
Cloud, containers, AI and RPA will spur a strong tech spending rebound in 2021
Spending data shows that cloud, containers, artificial intelligence and automation initiatives are setting the stage for a strong rebound in tech spending next year. The year 2020 has acted as a hasty but effective proof of concept for how to digitally transform businesses. Chief information officers report that generally, technology spending levels have either rebounded ...
BREAKING ANALYSIS
Cloud 2030: Driving from transforming IT to transforming every business
Cloud computing has been the single most transformative force in information technology over the last decade. What will Cloud 2030 look like? As we move deeper into the 2020s, we believe that cloud will become the underpinning of a ubiquitous, intelligent and autonomous resource that will disrupt the operational stacks of virtually every company in ...
BREAKING ANALYSIS
No silver bullet: COVID-19 sparks permanent shifts in cybersecurity
As we’ve reported extensively, the pandemic has affected cybersecurity markets perhaps more than any other in technology. Remote work has caused chief information security officers to shift spending priorities toward identity access management, endpoint and cloud security. COVID-19 has been a benefactor for next-generation security companies that participate in these sectors. Notably, we believe tactical responses ...
BREAKING ANALYSIS
How Snowflake plans to change a flawed data warehouse model
Snowflake Inc. will not grow into its heady valuation by simply stealing share from the on-premises data warehouse providers. Even if it got 100% of the data warehouse business, it wouldn’t come close to justifying its market cap. Instead, Snowflake must create an entirely new market based on completely changing the way organizations think about ...
BREAKING ANALYSIS
Despite softer tech spending, cloud revenue accelerates in the COVID era
As we watch a historic election unfold before our eyes, we look back at the early days of this millennium and the memorable presidential race of 2000. That decade was defined by 9/11, which permanently reshaped our thinking. We exited the 2000s at the tail end of a massive financial crisis only to enter the ...
BREAKING ANALYSIS
Analysis: In an epic pivot to the cloud, Microsoft makes Azure the linchpin of its future
Microsoft Corp.’s Azure cloud computing service is the linchpin of the tech giant’s innovation strategy. As we reported last week, we believe that in the next decade, changes in public policy will restrict the way in which big internet companies are able to appropriate user data. Big tech came under fire again this week with the chief ...
BREAKING ANALYSIS
Google’s antitrust play: Get your head out of your ads – and double down on cloud and edge
Earlier this week, the U.S. Department of Justice, along with attorneys general from 11 states, filed a long-expected antitrust lawsuit accusing Google LLC of being a monopoly gatekeeper for the internet. Of course Google will fight the lawsuit, but in our view, the company must make bigger moves to diversify its business — and the ...
BREAKING ANALYSIS
The new abnormal: CIOs report a cautious outlook for Q4 tech spending
As we reported in our last update, tech spending overall continues to be significantly muted relative to 2019. We currently project a 4% to 5% decline in 2020 spending and a tepid 2% increase in 2021. Nonetheless, there continue to be bright spots in some sectors and for vendors in an overall challenging market. In ...
BREAKING ANALYSIS
As CIOs report slow thawing of tech spending freezes, expect 2% growth in 2021
In the most recent September Enterprise Technology Research spending survey, chief information officers expect a slight sequential improvement in fourth-quarter spending relative to the third quarter – but still down 4% from a year ago. So the picture is still not pretty but not bleak either. Firms are adjusting to the “new abnormal” and are taking positive ...