Canalys: Cloud spending hit record $31 billion in Q1 2020, but growth continues to slow
http://feedproxy.google.com/~r/venturebeat/SZYF/~3/Qx7nOQny9Zc/
Companies spent a record $31 billion on cloud infrastructure services in Q1 2020, though the full impact of COVID-19 is unlikely to be realized until the second quarter.
New figures from Canalys indicate cloud spending grew 34.5% year-on-year (YoY) from the $23.1 billion for the corresponding period last year. » ….