Analysis: 3 U.S. Tech Giants Control over 70% of European Cloud Market

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Amazon, Microsoft, and Google control over 70 percent of the European cloud market, giving three U.S. tech giants effective control over European websites’ ability to stay online.

The dominance of the three American companies comes from their massive growth, which has eclipsed that of local providers, according to data from market research firm Synergy Research Group.The company’s chief analyst told the Register that the dominant companies have consolidated their grip on the market by investing sums into their service that competitors can’t match.

In contrast, the big three sucked in 72 percent of enterprise spending on cloud in Q2. “The top three really are in a league of their own,” John Dinsdale, chief analyst at Synergy, told The Register.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Interesting, but it seems Europe doesn’t have a tech industry that can remotely compete. They should probably focus on not freezing this winter.

Once bigtech controls currency, they will have effective control over our ability to stay alive.

Wow. That's interesting. I'd say that could be a problem.

They want to control you...

Every globalist's🤑 dream come true. Monopolies everywhere! They who control the internet control the world. If you vote for anyone who takes globalist 💰💰 its a vote to give them complete control over you.

Break - Them - Up

starlink

Cool!

Am old enough to remember when people were pissed at Bill Gates for throwing that crappy Explorer browser on Windows-powered computers👾

And thankfully they keep Trump off.

No ones stopping them from building thier own.

What could go wrong here.

Australia Australia Latest News, Australia Australia Headlines