• The best event platforms enable execution of hybrid events spanning in-person and virtual attendees.
• Event organizers benefit disproportionately from event platforms as compared to attendees.
When COVID-19 arrived, virtual meetings became de rigueur seemingly overnight. Almost as soon as vaccines began to be administered and a pandemic ‘exit strategy’ took shape, team collaboration platforms graduated from facilitating ‘meetings’ to enabling ‘events’. What features do event platforms typically possess and are these platforms worthy of accolades? Let’s find out.
Team collaboration platforms have expanded to include large-scale, multi-session events and conferences. Such affairs are reminiscent of the pre-COVID world when no one thought twice about jetting to destinations near and far to cram into hotel venue rooms or convention centers. The best platforms today reflect the need for some to join from the comfort and solitude of a home or office while others navigate crowds traversing miles of institutional carpeting stretching under their feet. Vendors such as Cisco, Microsoft, and Zoom have invested heavily in fortifying their event capabilities.
Public cloud services saw strong growth (over 50%) in 2020, as businesses and consumers have come to rely more heavily on digital services during the pandemic.
Chinese cloud vendors still dominate the domestic market, but there are significant opportunities for global cloud vendors to compete in China and for Chinese vendors to expand globally.
The Rise of Public Cloud Amid the Pandemic
China’s public cloud infrastructure services market, comprising infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and cloud management platforms, grew over 50% year-over-year in 2020 to reach $14.8 billion. China has managed the pandemic better than many countries, and it has weathered the economic impact relatively well. Still, with the international travel restrictions and the government’s priority to get economic growth back on track, there has been stronger investment focus on digital technologies. This includes digital infrastructure (e.g., 5G and data centers) and solutions around AI, big data, IoT, and smart city. These initiatives have a direct, positive impact on public cloud services. Domestic cloud vendors including Alibaba, Baidu, Huawei, and Tencent are also investing heavily in developing cloud-based AI technologies to drive different use cases including autonomous vehicles, voice assistants, machine vision, etc. Moreover, the pandemic has driven greater demand for online activities such as healthcare and education, and the adoption of cloud-based solutions across all industries is expected to continue beyond the pandemic. Continue reading “China Public Cloud Infrastructure Market Still Has Plenty of Room for Growth with Significant Inbound/Outbound Opportunities”→