This story was delivered to BI Intelligence subscribers hours before appearing on Business Insider. To be the first to know, please .
ADVERTISEMENT
The global cloud market jumped 46% in Q4 (AMZN, GOOGL, MSFT, IBM)
The global cloud infrastructure services market grew 46% YoY during Q4 2017 to hit $16 billion
ADVERTISEMENT
Recommended articles
- Amazon Web Services (AWS) continued to lead the market, grabbing 32% of the global cloud infrastructure services market.
- However, the company’s share fell by 2 percentage points in Q4 from Q2 2017.
- Microsoft’s cloud business is closing the gap with AWS.
- Microsoft Azure’s share jumped to 14% from 11% in Q2 2017.
- Alphabet’s cloud business trails behind Amazon’s and Microsoft’s, but is slowly inching up.
- Alphabet’s Google Cloud Platform (GCP) accounted for 8% of the global cloud market in Q4, up from 5% in Q2 2017.
To receive stories like this one directly to your inbox every morning, sign up for the Apps and Platforms Briefing newsletter. Click here to learn more about how you can gain risk-free access today.
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT