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Global cloud spending up another third to EUR 33 bln in Q3

Friday 30 October 2020 | 16:32 CET | News
Enterprise spending on cloud infrastructure services (including IaaS, PaaS and hosted private cloud services) continued soaring in the third quarter of 2020, rising another 33 percent year on year to EUR 32.8 billion, similar to the previous quarter's 32 percent growth. New data from Synergy Research revealed that public IaaS and PaaS services continued to account for the bulk of the spending, growing by 35 percent in Q3, with the top five public cloud providers consolidating their dominance to control almost 80 percent of the market.

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Categories: Internet
Companies: Alibaba / Amazon / Google / IBM / Microsoft / NTT / Oracle / Salesforce / SAP / Tencent
Countries: World
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