Technology

Despite the COVID-19 pandemic, cloud infrastructure spending grew 37% YoY to $29B in Q1, with Amazon at 32% market share followed by Microsoft at 18% (Synergy Research Group)

Synergy Research Group:
Despite the COVID-19 pandemic, cloud infrastructure spending grew 37% YoY to $29B in Q1, with Amazon at 32% market share followed by Microsoft at 18%  —  New data from Synergy Research Group shows that Q1 spend on cloud infrastructure services reached $29 billion, up 37% from the first quarter of 2019.