Cloud infrastructure revenues top USD 8 bln in Q3 - study

Monday 31 October 2016 | 11:31 CET | News
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Cloud infrastructure service revenues continued to grow at annual rates of 50 percent in the third quarter, reaching well over USD 8 billion for the second consecutive quarter, according to an update from Synergy Research Group. Although public IaaS remains the biggest of the three main cloud segments, public PaaS is growing much more strongly, with the database, IoT and analytics sub-segments within PaaS growing by 100 percent or more per year, said the report. Amazon Web Services (AWS) still has a 45 percent share of the worldwide public IaaS market, despite Microsoft and Google having much

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Categories: Fixed
Companies: Amazon Web Services / Google / Microsoft / NTT / Rackspace / Salesforce
Countries: World
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