Despite obvious economic challenges, new Synergy Research Group figures show a positively upward trend in the amounts being spent by enterprises on their cloud infrastructure services.
As of the second quarter of 2023, enterprise spending on cloud infrastructure services was $64.8 billion worldwide, up by $10 billion compared with the same period of 2022 and the third successive quarter of growth amid restricting budgets.
The figures also reflect positively on Microsoft and Google, which have both been steadily growing in market share over the years.
