MetaVIs has been a reliable backup solution. To be honest there are quite a few others too. Its a matter of "comfort zone" with the solution...Breaking into that comfort zone will require some pretty aggressive posturing and they are doing it....
But....Azure might be gaining traction but it certainly is far behind right now and is very expensive for average and above average workloads. RackSpace is doing better than Azure....Having said that there are many cloud providers who provide Private as well as Hybrid clouds and they form a major chunk of the market for people who have dedicated solutions but not On-Prem.
The other aspect is Multi-Tenant which is basically hosting. O365 entry level is exactly that and yes MSFT has a huge traction there.
With SharePoint 2016 "announced"....On-Prem and Hybrid will gain further traction with MSFT still trying to push its own cloud agenda.
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