Cloud market researcher Synergy is in the process of tallying the market share of the top vendors now that all of their Q1 earnings reports are in.The big news is that even though the market is growing incredibly rapidly for cloud vendors like Microsoft and Google, they aren't peeling share away from Amazon.Now that all of the major cloud computing vendors have published their first quarter results, cloud market researcher Synergy is tallying how each of them fared.
Amazon Web Services, however, does report cloud sales. Revenue grew 41% in Q1 to $7.7 billion, up from $5.44 billion a year earlier.Despite the secrecy with which some players treat their cloud revenue, market researcher John Dinsdale Synergy at Synergy Research Group has been tracking the market share of each of the major player's cloud businesses for years.
In Q1, the cloud market grew 42% from the same period of 2018, Dinsdale finds. That compares to full-year growth of 48% across all of 2018.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: latimes - 🏆 11. / 82 Read more »