Monday, May 10, 2021

$ 41 billion in cloud computing expenditures in the first quarter of 2021

Global expenditures on cloud computing have reached new record levels, exceeding $ 40 billion in the first quarter of this year, in light of the big boom since the start of the Corona pandemic, according to a study published by Canalys.

Companies and institutions that use servers and data-processing services that have become essential to the work of the Internet spent $ 41.8 billion between January and March, an increase of 35% compared to the same period last year.

The global health crisis was reflected in the growth of the activities of major digital platforms, from e-commerce to remote work, through entertainment sites and applications, which are services that depend on cloud computing systems.

Analyst Blake Murray said in comments reported by “Canalys” that “cloud computing is imposing itself as profitable in all sectors combined last year, since the start of the pandemic and the start of the lockdown measures.”

“Organizations rely on digital services and their online presence to maintain their operations and adapt to the situation,” Murray added.

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