Even as cloud infrastructure market growth slows, Microsoft continues to gain on Amazon

It was a rough quarter for the cloud infrastructure market as companies looked for ways to cut back on spending in an uncertain economy. When you combine that with the strong dollar and a weak Chinese market, the market slowed to 21% growth, a precipitous drop from the 36% growth we had seen the year prior.
While we aren’t seeing the gaudy growth of years past, Synergy Research still found the market exceeded $61 billion for the quarter with the 12 month trailing revenues of over $212 billion, a hefty sum by any measure, even with the slowdown.
Also of note was that while each of The Big Three

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