Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle
https://techcrunch.com/2024/05/03/cloud-revenue-accelerates-21-to-76-billion-for-the-latest-earnings-cycle/
If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% of the first quarter in 2024, per Synergy Research.
That’s healthy growth by any measure.