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Channel drives global cloud growth as total spend surges Channel drives global cloud growth as total spend surges Total cloud services market expenditure in the three months ending 31 December 2020 was over US$3 billion higher than the prior quarter, and nearly US$10 billion more than Q4 2019. Credit: Dreamstime The IT channel, including global systems integrators, managed service providers (MSPs), resellers and distributors, is playing an increasingly important role in driving the growth of the cloud industry around the world, as the market hits new heights. This is a...

Feb 3, 2021 Cloud infrastructure services spending increased 32% to $39,9-billion in the last quarter of 2020, following heightened customer investment with the major cloud service providers and the technology channel. Total expenditure was over $3-billion higher than the last quarter and nearly $10-billion more than Q4 2019 according to Canalys data. This is again the largest quarterly expansion in dollar terms, as continuing pandemic restrictions drove intense demand for cloud to support remote working and learning, ecommerce, content streaming, online gaming and collaboration. At the same ...