Description

The infrastructure as a service and platform as a service (IaaS and PaaS) industry has undergone a significant evolution in the past year. Macroeconomic instability has negatively affected IT investments and cloud spend, ushering in a growing focus on cloud cost optimization. In tandem, the arrival of generative AI (GenAI) on the scene has necessitated a re-examination of priorities, investments, and go-to-market strategies for the hyperscalers. In this report, Frost & Sullivan takes a closer look at the competitive landscape and the six key players shaping the global cloud IaaS and PaaS market: Amazon Web Services (AWS), Microsoft, Google, Alibaba, Oracle, and Tencent.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.