2 ms·

Amazon Shocker: CEO Jassy Says Cloud Less Than 5% of All IT Spending

1 points by eyberg 6y ago

pmastela 6y ago
> For calendar 2021, just the companies in the Cloud Wars Top 10 will generate cloud revenue in the range of $235 billion, with most of those companies having cloud businesses that are growing at or above 20% per year. 235B/.05 = 4.7T. The high valuations of Microsoft and Amazon and Google are starting to make a lot more sense.