While many were ready to move on to 2017, the cloud vendors are hoping for a repeat. With cloud vendor revenues reaching $148 billion, according to the Synergy Research Group Report, the industry has grown by 25%. The report also showed that IaaS and PaaS grew the most with about 53% growth over 2016.
Microsoft and AWS led the way in IaaS and Paas with Rackspace and IBM leading the way in hosted private cloud infrastructure. Salesforce and Microsoft topped the list for enterprise SaaS.