Spending on cloud infrastructure services rose nearly a third (32%) to $ 39.9 billion in the final quarter of last year as customers continued to invest in infrastructure-as-a-service (32%).IaaS) and Platform-as-a-Service (PaaS) according to new research by Canalys.
This increase in cloud spending was due to the high demand for Cloud computing services Support for remote working and learning as well as organizations digital transformation Efforts. Throughout last year, spending on cloud infrastructure services grew 33 percent to $ 142 billion, compared to $ 107 billion in 2019.
Canalys research analyst Blake Murray explained why fourth quarter 2020 cloud spending in a Press release, Saying:
“The digitization rate, led by the cloud, is picking up speed. Organizations are now more confident about freeing up budgets for business transformation. Large projects that were postponed earlier in the year will …