Enterprises spent whopping $80B on cloud in Q2Enterprise cloud spending nears $80 billion per quarter, dominated by big three; Oracle leads second-tier providers.
Cloud Big Three take lion's share as market expands 21%Enterprise spending on cloud services reached $76 billion in Q1 2024, with the top three providers dominating the market. Strong growth trend continues despite the pandemic.
Enterprises spent whopping $80B on cloud in Q2Enterprise cloud spending nears $80 billion per quarter, dominated by big three; Oracle leads second-tier providers.
Cloud Big Three take lion's share as market expands 21%Enterprise spending on cloud services reached $76 billion in Q1 2024, with the top three providers dominating the market. Strong growth trend continues despite the pandemic.
Cloud investment "expected to continue" indefinitely after strong start in 2024, experts suggestImpressive growth in the global cloud computing market projected to continue with focus on generative AI, sustainability, and enterprise spending reaching over $76 billion globally for Q1 2024.
Research: How Different Fields Are Using GenAI to Redefine RolesGenAI features support creativity, problem-solving, and information processing for knowledge workers.GenAI tools are expected to enhance organizational effectiveness and competitiveness, with a significant increase in enterprise spending by 2027.