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When 1% Market Share Shifts Represent $5b of Market Cap

Tom Tunguz

Microsoft’s Azure is winning share directly from Amazon. ” Much of the AI spend is at the enterprise, where a 50% reduction in customer support cost or a 75% increase in engineering capacity filters billions to the bottom line. " The rest of Azure is still growing in a nice clip of 24% annually.

Azure 191
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Standard Issue AI

Tom Tunguz

Calendar Quarter Azure OpenAI Orgs, k CoPilot Users, m Power Platform Orgs, k 1/1/24 53 1.3 ” Compare with ServiceNow’s data that shows engineering gains of 50%. “In Azure, we expect Q3 revenue growth in constant currency to remain stable to our stronger-than-expected Q2 results.”

AI 196
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Data Lake Engines - The Essential Layer of the Next Generation Data Architecture

Tom Tunguz

More data is being stored in data lakes like Amazon S3 and Azure Data Lake Storage. There needs to be a layer between them to make all that data accessible to these users - a data lake engine. At the same time, the BI landscape has blossomed. That’s Dremio.

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Signs We've Touched the Bottom

Tom Tunguz

Both Google & Microsoft announced growth rates in GCP & Azure that held steady from one quarter to the next. Microsoft’s Azure Open AI customer base grew 4x by count, up from 2500 last quarter : We have great momentum across Azure OpenAI Service. The desire for AI is broad. The acceleration is really quite broad.

Azure 196
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Cloud Stocks May Be Down. But the Cloud Remains on Fire. That Matters More.

SaaStr

So follow AWS, Azure and Google Cloud. Let’s look a whole level up to the real canaries-in-the-coalmine: AWS, Azure and Google Cloud. That’s the engine we’re all building on. And Gartner is still predicted SaaS purchase rates will accelerate in 2023 : AWS, Azure and Google Cloud say Yes.

Cloud 259
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Google Cloud Anthos now available for AWS, with Azure to follow

IT World

Google Cloud has announced that Anthos — the company’s software for deploying and managing Kubernetes workloads across multiple on-prem and cloud environments — now supports running workloads on rival cloud platform Amazon Web Services (AWS), with Microsoft Azure support still in preview for now.

Azure 69
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Snow Angels Come Early to Data : Snowflake's Strength Spells Success for Startups

Tom Tunguz

” Unstructured data is the growth engine : 17x growth y/y suggests a small number last year, but phenomenal interest. “Yes, we actually saw quite a bit of energy coming from the Azure platform this quarter. “I don’t even hear the words AI and budget in the same sentence.”