Despite all the talk about repatriation, hybrid and multicloud options and the cloud as an increasingly expensive option for customers, the data continues to show the importance of the public cloud for the digital economy.

In addition, the two market leaders Amazon Web Services Inc. and Azure from Microsoft Corp. Signs of accelerated momentum suggesting these two giants will break away from the crowd in the years to come. Each of these companies shows a broad dynamic in its respective product lines. It’s unclear whether anything other than government intervention or self-inflicted wounds will hold back these two companies this decade.

Despite the dominant leadership of the two market leaders, a successful strategy for companies that don’t run their own clouds is to continue innovating on top of their massive capital investments. The most notable example of this approach from our point of view is still Snowflake Inc.

In this breaking analysis we present our quarterly …

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