“Some UK businesses have advised us they’re involved about it being too tough to switch or mix and match cloud supplier, and it is not clear that competition is working properly. “High ranges of profitability for the market leaders AWS and Microsoft point out there are limits to the overall stage of competitors.” It also highlighted worries about dedicated spend reductions which, Ofcom feared, might incentivise prospects to use a single main firm for all or most of their cloud wants. Ofcom’s study found the pair had a mixed market share of 70% to 80% in 2022, with Google their closest competitor with a share of as much as 10%. Ian King talks to George Lagarias from Mazars concerning the financial dangers from the unrest in the Middle East.

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