Cloud infrastructure services spending growth rate slows to 42% in Q1 after massive outlay

Tuesday 7 May 2019 | 11:37 CET | News
Update: 9 May 2019 | 08:36 CET
Global spending on cloud infrastructure services, including IaaS, PaaS and hosted private cloud services, rose in the first quarter by 42 percent to over USD 21 billion, the latest report from Synergy Research Group showed. The decline in the growth rate accelerated from full year 2018 as growth rates moderated following massive outlay. "The decline in growth rate should not be viewed as a weakening market but as an inevitable consequence of a market that has now reached massive scale," the researchers noted, adding that the market size has increased by well over USD 1 billion over the

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[09/05/2019 08:36- Update: Corrected title and first paragraph]

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Categories: Internet / IT
Companies: Alibaba / Amazon / Google / Microsoft / Oracle / Rackspace / Salesforce / Tencent
Countries: World
::: add a comment


URGENT CORRECTION REQUIRED - in the first sentence and the headline you say that spending fell by 42% which is totally wrong. It is the growth rate which dropped to 42%. Spending grew by 42% and absolutely did not decline. This needs correcting urgently as it makes you and Synergy look silly
John Dinsdale @ 8/5/2019 - 19:11

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