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Cloud Computing Revenues Climb 50%

Monday Jul 30th 2018 by Developer.com Staff

Amazon Web Services is pulling away from the pack.

Synergy Research has released its latest analysis of the cloud computing market, and it reported that for the second quarter in a row, cloud revenues increased 50 percent over 2017 levels. Total sales for infrastructure as a service (IaaS), platform as a service (PaaS) and hosted private cloud topped $16 billion.

Amazon Web Services continued to dominate the market, increasing its market share lead. In fact, it had a larger piece of the market than its next four competitors combined. Actual numbers were Amazon 34 percent, Microsoft 14 percent, IBM 8 percent, Google 6 percent and Alibaba 4 percent.

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