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Even as cloud infrastructure growth slows, revenue rises over $30B for quarter

Even as cloud infrastructure growth slows, revenue rises over $30B for quarter

The cloud market is coming into its personal in the course of the pandemic because the novel coronavirus pressured many firms to speed up plans to maneuver to the cloud, even whereas the market was starting to mature by itself.

This week, the massive three cloud infrastructure distributors — Amazon, Microsoft and Google — all reported their earnings, and whereas the numbers confirmed that development was starting to decelerate, income continued to extend at a formidable price, surpassing $30 billion for 1 / 4 for the primary time, in response to Synergy Research Group numbers.

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