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Spending on cloud computing hits $42bn worldwide 1 published : 30 Apr 2021 at 08:35 1 Spending on "cloud infrastructure services" is up nearly $11 billion from the first three months of 2020 SAN FRANCISCO: A record-high $41.8 billion was spent on cloud computing in the recently ended quarter as businesses leaned heavily on the internet to survive the pandemic, market tracker Canalys said on Thursday. Spending on "cloud infrastructure services" around the world was up nearly $11 billion from the first three months of last year, according to...

Canalys’ latest cloud infrastructure services report showed the cloud wars roiling as global spending grew 35 percent to US$41.8 billion in the first quarter of 2021, exceeding US$40 billion in a quarter for the first time. The analyst company noted the continuing rise of using cloud services for data analytics and machine learning, data centre consolidation, application migration, cloud native development and service delivery.  Total expenditure for the quarter was nearly US$11 billion higher than in Q1 2020 and nearly US$2 billion more than in Q4 2020, according to Canalys data.  Over t...

Q1 global cloud infrastructure spend cracks $40B for first time Q1 global cloud infrastructure spend cracks $40B for first time Spending on Google Cloud and Azure services up by at least half, but AWS still leads the pack. Andy Jassy (AWS); Satya Nadella (Microsoft) and Thomas Kurian (Google Cloud) Credit: IDG The digital transformation driven by the COVID-19 pandemic has pushed global spending on cloud infrastructure services to hit a first quarter record, growing 35 per cent to US$41.8 billion for the first three months of the year.  This is according to research fi...

The analyst expected ‘migration’ to the cloud to continue as confidence in the economy improves, and postponed projects to take on new life. — Pixabay SAN FRANCISCO: A record-high US$41.8bil (RM171.58bil) was spent on cloud computing in the recently ended quarter as businesses leaned heavily on the Internet to survive the pandemic, market tracker Canalys said on April 29. Spending on “cloud infrastructure services” around the world was up nearly US$11bil (RM45.15bil) from the first three months of last year, according to Canalys. “Cloud emerged as a winner across all sectors over ...

A record-high $41.8 billion (€34.5 billion) was spent on cloud computing in the recently ended quarter as businesses leaned heavily on the internet to survive the pandemic, market, tracker Canalys said on Thursday. Spending on “cloud infrastructure services” around the world was up nearly $11 billion from the first three months of last year, according to Canalys. “Cloud emerged as a winner across all sectors over the last year, basically since the start of the COVID-19 pandemic and the implementation of lockdowns,” said Canalys research analyst Blake Murray. “Organisations depende...