Microsoft Corporation (NASDAQ:MSFT)’s CEO Satya Nadella started focusing heavily on the Cloud and his company has got some massive breakthroughs because of this strategy. Microsoft Corporation (NASDAQ:MSFT) is using its Windows Azure platform to attract Cloud startups and low-end players in the market. But Microsoft Corporation (NASDAQ:MSFT) is not the only company which takes Cloud as its first priority. International Business Machines Corp. (NYSE:IBM) has reiterated its plans to focus on the Cloud in the coming years. It has recently struck a deal with the US army regarding Cloud based solutions for security and performance optimization of logistics. International Business Machines Corp. (NYSE:IBM)’s CEO recently announced that the company is planning to pave its way through the Cloud domain with its strategic imperatives business model.
According to a survey, 42% of the major players in the technology markets are planning to increase their spending on the Cloud. The Enterprise is understanding the important of Cloud to leverage their resources. The companies are depleting their in-house resource dependencies. Microsoft Corporation (NASDAQ:MSFT) and International Business Machines Corp. (NYSE:IBM) could take massive advantage in the form of revenues. Gartner says that by the end of 2016, revenues from SaaS platforms will touch $100 billion.
International Business Machines Corp. (NYSE:IBM)’s Cloud revenue jumped by 75% last year. It is now making $3.5 billion annually from the Cloud. Its latest deal with the US army regarding logistics and security systems is a huge success over Microsoft Corporation (NASDAQ:MSFT). International Business Machines Corp. (NYSE:IBM) and Microsoft Corporation (NASDAQ:MSFT) are continuing to dominate the Cloud services market whereas the major Cloud player like Amazon is sticking to the web-oriented service world.
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