TECH SUPPLIER Feb 2021 - Market Perspective - Doc # EUR147159721
Major Intelligent App Services Vendors Aggressively Targeting European Cloud-Native Boutiques
This IDC Market Perspective examines the reasons behind the rapid consolidation taking place in the European market of specialist cloud-native application services providers by major vendors.
"Major services players are now turning their attentions to smaller, more targeted acquisitions within the European market to capture the fast-growing emerging opportunity for cloud-native development and delivery," said John O'Brien, research director, IDC Europe's Intelligent Application Services. "Opportunities to scale dev and delivery capability with major hyperscaler and SaaS/PaaS players are very attractive right now given the current stressed environment for many small and midsize firms in the region."