The Big Three cloud infrastructure vendors — Amazon, Microsoft and Google — all reported earnings this week. As you might expect, they did just fine with a growing market that passed $45 billion worldwide, good for a mind-boggling $180 billion run rate and trailing 12 month revenue of $164 billion. Revenue grew 37% overall in […]
How European cloud infrastructure vendors lost market share while doubling revenue
Synergy Research released some seemingly paradoxical numbers from the European cloud market this week. The good news was that the firm found for the period beginning in 2017 through the second quarter of this year, the market grew fourfold, to €7.3 billion ($8.8 billion USD), while European cloud vendor revenue doubled. The bad news? Those […]
Cloud infrastructure market kept growing in Q2, reaching $42B
It’s often said in baseball that a prospect has a high ceiling, reflecting the tremendous potential of a young player with plenty of room to get better. The same could be said for the cloud infrastructure market, which just keeps growing, with little sign of slowing down any time soon. The market hit $42 billion […]