Global IaaS public cloud service rev passes $100B
Revenue for the global infrastructure-as-a-service (IaaS) has blown past US$100 billion for the first time, reaching US$120.3 billion in 2022.
Revenue for the global infrastructure-as-a-service (IaaS) has blown past US$100 billion for the first time, reaching US$120.3 billion in 2022.
The distributed SQL-compatible database, which supports hybrid transactional analytical processing, can run on low-specification machines.
Operator and vendor revenues in the global public cloud market reached US$126 billion during the first quarter of 2022, a year-on-year increase of 26 per cent.
Amazon has led the charge once again in the global IaaS public cloud services market for 2020, but other vendors are clawing their way back up.
Alibaba Group’s cloud computing revenue grew by 50 per cent year-on-year in the company’s 2021 fiscal year, despite losing a major customer in the March quarter.