What to do when the cloud eats your hardware vendor
In the first quarter of 2016 Amazon reported that revenue for its Web Services division grew 64% from the same period a year earlier. Salesforce.com reported a 33% increase in revenues compared to a year earlier.Meanwhile, global storage revenues declined 32% between 2007 and 2015 and server revenues dropped 13%, according to research firm Forrester. The trend is clear: Cloud revenues are up, on-premises hardware revenues are down.A new report from Forrester titled “Evolve or Crumble: Prepare for the fate of the hardware incumbents” details what these seismic shifts in the IT marketplace mean for enterprise end users as legacy vendors like EMC, Dell, HPE, Oracle and IBM that are being disrupted by the likes of cloud-focused vendors Amazon, Microsoft, Salesforce and Google.To read this article in full or to leave a comment, please click here
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