+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

This chart shows just how volatile the fight for IT dominance could be over the next 3 years - for everyone but Microsoft

Aug 26, 2024, 22:24 IST
Beck Diefenbach/ReutersGoldman Sachs' survey indicates Microsoft and CEO Satya Nadella have little to worry about.The enterprise computing market may be due for a big shake-up.

While the top IT vendors have remained fairly stable since the end of last year, a Goldman Sachs IT Spending Survey found that many chief information officers expect to see a very different vendor landscape come 2020.

Google and Amazon - companies that have dominated the consumer space for quite some time - are edging up in popularity in the enterprise space, likely as a result of their big pushes in cloud services. Their gains are expected to come at the expense of Oracle, Cisco, IBM and SAP, all of which are expected to drop considerably in market share and relevance in the next three years.

The enterprise giants are fighting over a huge market. Businesses will spend $3.5 trillion on IT this year alone.

Advertisement

Market dominance is a privilege, not a right, and traditional enterprise tech leaders like Oracle and Cisco will have to find a way to compete with Amazon and Google on the upstarts' terms if they want to continue to be influential in the IT space.

Goldman SachsGoldman Sachs is projecting big changes to come in the enterprise computing market.Get the latest Google stock price here.

NOW WATCH: Here's what NASA could accomplish if it had the US military's $600 billion budget

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article