Spending on “cloud infrastructure services” grew nearly $ 11 billion in the first three months of 2020

A record high of $ 41.8 billion was spent on cloud computing in the recently closed quarter as businesses relied heavily on the internet to weather the pandemic, Market Tracker Canalys said Thursday.

According to Canalys, spending on “cloud infrastructure services” increased by nearly $ 11 billion over the first three months of last year.

“Cloud has emerged as a winner across all sectors over the past year, essentially since the Covid-19 pandemic began and lockdowns were implemented,” said Blake Murray, research analyst at Canalys.

“Organizations were dependent on digital services and being online to keep operations running and to comply with the …



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