back to article Cloud spending hit $50bn in Q4 2021 as business recovers

Global spending on cloud infrastructure services exceeded $50bn for the first time in the Q4 of 2021, according to figures from research outfit Canalys. The total spend grew 34 per cent during Q4 to hit $53.5bn, up $13.6bn on the same period a year ago, Canalys said. The main beneficiaries of this increase were the three …

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