Spending on cloud computing hits $42 bn worldwide: tracker

Spending on "cloud infrastructure services" is up nearly $11 billion from the first three months of 2020

Spending on "cloud infrastructure services" is up nearly $11 billion from the first three months of 2020

A record-high $41.8 billion was spent on cloud computing in the recently ended quarter as businesses leaned heavily on the internet to survive the pandemic, market tracker Canalys said on Thursday.

Amazon Web Services was the leading cloud service provider in the quarter, accounting for 32 percent of the market, according to Canalys.