Amazon, Microsoft, Google Strengthen Grip on Cloud

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The pandemic interval has been a boon for the trio of corporations that dominate cloud computing. Now as the economy enters another tumultuous phase, Amazon.com Microsoft and Google seem poised to increase their power.

The three corporations accounted for 65% of the $53 billion in international cloud-service spending within the first quarter of the 12 months, in keeping with Synergy Research Group, up from 52% of worldwide gross sales 4 years in the past. And their management of the essential, quickly rising market is predicted to proceed as their dimension makes them higher capable of preserve investing and appeal to purchasers looking for stability in turbulent occasions, executives and analysts say.

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