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    KPMG comments on Ofcom's decision to refer the UK cloud market to the CMA for investigation

    Commenting on Ofcom’s investigation into the supply of cloud infrastructure services

    Commenting on Ofcom’s investigation into the supply of cloud infrastructure services in the UK and its decision to refer the UK cloud market to the CMA for further investigationAdrian Bradley, Head of Cloud Transformation at KPMG UK, said:

     

    “The entire UK cloud market is worth far more to our economy than the £15bn we spend on cloud service providers. It underpins the leading edge of technology for many enterprises in both public and private sectors. Cloud is the main route to access capabilities like generative AI or high-quality analytics capabilities and it’s quick and scalable to use, so choice is critical. 

    “The fact that public cloud runs as a utility model, that lets users pay by the hour, has opened cost-effective access to technology capabilities which have fuelled the digital revolution. There are commercial trade-offs to secure access to these capabilities, just as there are with non-public cloud alternatives to the hyperscalers, such as identifying the right combinations of cloud and non-cloud consumption to deliver best value for any given enterprise. Whatever the outcome of the CMA inquiry, organisations need to better understand and manage the costs of cloud to secure value from their investments.”


    Adrian Bradley

    Head of Cloud

    KPMG in the UK

    -ENDS-

    For further information please contact:

    KPMG Media Relations

    Lizzy Chesters

    Lizzy.chesters@kpmg.co.uk

    M: +44 7732 400269

     

    About KPMG UK

    KPMG LLP, a UK limited liability partnership, operates from 20 offices across the UK with approximately 17,000 partners and staff. The UK firm recorded a revenue of £2.72 billion in the year ended 30 September 2022.

    KPMG is a global organization of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.