The largest cloud providers only increased their overall dominance in 2017, expanding share in a market still growing at an astronomical rate, according to a report released Friday by Synergy Research Group.
Spending on cloud infrastructure services (IaaS, PaaS and hosted private cloud) shot up 46 percent in the final three months of 2017 — faster than it had in any of the previous three quarters, according to the researcher’s analysis of earnings results posted by all major vendors. Full-year revenue in 2017 grew 44 percent above the previous year.