Recent trend analysis shows the global cloud computing market could be roughly valued at a massive $1240 billion opportunity by 2027, with a robust 17.9% CAGR (Compounded Annual Growth Rate)1. This explosive growth can be attributed to a number factors, from the impact of COVID-19 on the modern workforce and work from home trends, to simply just the high adoption rate of cloud computing resources across a large number of industries. Whether we consider SaaS (Software As A Service), IaaS (Infrastructure As A Service) or PaaS (Platform As A Service) offerings with the major players like Salesforce, AWS, Google Cloud and Microsoft Azure, the undeniable demand-on and investment-in cloud infrastructure is absolutely booming. In-turn, highly optimized cloud software and silicon have begun to emerge with refined cloud-native platforms targeted at servicing the needs of global cloud compute workloads, the majority of which are straightforward applications like web hosting, database management, search, encoding and analytics. As such, a new class of “Cloud Native Processors” has emerged, highly tuned for data center workloads, and a fairly new but now well-established player by the name of Ampere Computing has begun to define this market segment of chips.
Ampere's Santa Clara HQ Location