Public cloud spending shot up to $126 billion in Q1

clock • 2 min read
Demand for cloud services is also spiking
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Demand for cloud services is also spiking

Public cloud providers spent $28 billion on building, leasing, and equipping their data centre infrastructure to fulfil demand.

Operator and vendor revenues across the major public cloud service and infrastructure markets rose 26% to reach $126 billion in the first quarter of 2022, according to the latest figures from Syner...

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