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[THREAD]
J.P. Morgan released a 100+ page CIO survey.
The theme: Cloud Computing & Digital Superpowers
I read it so you don't have to.
(H/t to @saxena_puru for covering some of these stocks)
Here's a thread on what I found interesting ...
Link: https://www.docdroid.net/RXHexts/jpm-cio-survey-2020-pdf
J.P. Morgan released a 100+ page CIO survey.
The theme: Cloud Computing & Digital Superpowers
I read it so you don't have to.
(H/t to @saxena_puru for covering some of these stocks)
Here's a thread on what I found interesting ...
Link: https://www.docdroid.net/RXHexts/jpm-cio-survey-2020-pdf
1) Spending Plans & Company Percentages
Few things to note from this graph:
A) Coupa $COUP, Elastic $ESTC and Cloudflare $NET have largest available market to gain.
B) 43% surveyed plan to increase BASE investment in $MSFT products
C) 68% plan to maintain $ADBE spending
Few things to note from this graph:
A) Coupa $COUP, Elastic $ESTC and Cloudflare $NET have largest available market to gain.
B) 43% surveyed plan to increase BASE investment in $MSFT products
C) 68% plan to maintain $ADBE spending
2) Microsoft's Continued Dominance
- 47% of respondents expect to increase their spending on MSFT products.
- Spending on Box $BOX and Dropbox $DBX expected to drop 10% & 4.6%, respectively
- Spending on Oracle $ORCL expected to drop nearly 9% in 2020
- 47% of respondents expect to increase their spending on MSFT products.
- Spending on Box $BOX and Dropbox $DBX expected to drop 10% & 4.6%, respectively
- Spending on Oracle $ORCL expected to drop nearly 9% in 2020
3) Company Runway Visualization
- The top-left side of the graph shows two things:
A) High % of installed based with net increase in spending in 2020
B) Smallest market penetration
That's a recipe for success for:
- Elastic $ESTC
- Pure Storage $PSTG
- Crowdstrike $CRWD
- The top-left side of the graph shows two things:
A) High % of installed based with net increase in spending in 2020
B) Smallest market penetration
That's a recipe for success for:
- Elastic $ESTC
- Pure Storage $PSTG
- Crowdstrike $CRWD
4) The Standout Cloud Vendors
Respondents were asked to name their standout cloud vendors going into 2020. Here's the top three:
- ServiceNow $NOW
- Slack $WORK
- CrowdStrike $CRWD
Respondents were asked to name their standout cloud vendors going into 2020. Here's the top three:
- ServiceNow $NOW
- Slack $WORK
- CrowdStrike $CRWD
5) Who Gained Strategic Relevance?
Surveyors were asked which company gained strategic relevance by providing new technologies.
The top three:
- Accenture $ACN
- Wipro $WIT
- EPAM $EPAM
Surveyors were asked which company gained strategic relevance by providing new technologies.
The top three:
- Accenture $ACN
- Wipro $WIT
- EPAM $EPAM
6) Cloud Providers Most Integral To Company Plans
CIOs were asked which company's cloud services are most integral in their plans for cloud migration.
The top three answers:
- Microsoft $MSFT
- Amazon $AMZN w/ AWS
- Alphabet $GOOGL w/ GCP
CIOs were asked which company's cloud services are most integral in their plans for cloud migration.
The top three answers:
- Microsoft $MSFT
- Amazon $AMZN w/ AWS
- Alphabet $GOOGL w/ GCP
7) Company Spending on IaaS (Infrastructure-as-a-Service)
Surveyors were asked to name which company they planned on using for cloud infrastructure over the next three years.
The top three:
- Microsoft Azure $MSFT
- Amazon AWS $AMZN (35% decline!)
- Alphabet GCP $GOOGL
Surveyors were asked to name which company they planned on using for cloud infrastructure over the next three years.
The top three:
- Microsoft Azure $MSFT
- Amazon AWS $AMZN (35% decline!)
- Alphabet GCP $GOOGL
8) Relative Market Share in Cloud IaaS Services
Some things to note:
- Amazon AWS dominates tech-first companies
- Microsoft Azure commands market lead in Enterprise IT companies
- Overall, AWS commands near 48% market share
Some things to note:
- Amazon AWS dominates tech-first companies
- Microsoft Azure commands market lead in Enterprise IT companies
- Overall, AWS commands near 48% market share
9) Which Companies Will Be Most Valuable In Your Digital Transformation?
Respondents answered (in dominating fashion):
- Microsoft (and suite of MSFT products) at 71%
- Amazon AWS at 25%
- Salesforce at 18.5%
Respondents answered (in dominating fashion):
- Microsoft (and suite of MSFT products) at 71%
- Amazon AWS at 25%
- Salesforce at 18.5%
10) Indispensable to Company's IT Future
Q: Which IT mega-vendor will be most critical and indispensable to your organization's IT environment in the future?
Top three:
- Microsoft $MSFT
- Amazon AWS $AMZN
- SAP $SAP
Q: Which IT mega-vendor will be most critical and indispensable to your organization's IT environment in the future?
Top three:
- Microsoft $MSFT
- Amazon AWS $AMZN
- SAP $SAP
11) CIOs Cloud Computing Approach in 2020
Respondents were asked to describe how their cloud computing spending would evolve over time.
Here's some of their answers:
Respondents were asked to describe how their cloud computing spending would evolve over time.
Here's some of their answers:
