New Delhi, Amazon Web Services (AWS) was the leading cloud service provider in Q4 2020, accounting for 31 per cent of total spend, as the global Cloud infrastructure market spending increased 32 per cent to reach $39.9 billion in the quarter, according to a new report. Total global expenditure was over $3 billion higher than the last quarter and nearly $10 billion more than Q4 2019, according to data provided by global research firm Canalys. Microsoft’s Azure growth rate accelerated once again, up by 50 per cent to boost its market share in the global cloud services market to 20 per cent at second spot. Google Cloud was the third largest cloud service provider in Q4 2020, with a 7 per cent share. It reported growth of 58 per cent in Q4 2020. Demand for cloud services stayed strong across all enterprise customer segments, including industries most affected by the pandemic, such as retail and manufacturing. “The rate of digitalisation, led by cloud, is gathering pace. Companies are now more confident about releasing budgets for business transformation,” said Research Analyst Blake Murray. “Large projects that were postponed earlier in the year are being re-prioritised, led by application modernisation, SAP migrations… Read full this story
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