UAE – 31% growth in cloud services in 2018



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(MENAFN – Bahrain Times) Source:

    New York – Agencies

Dated:
August 02, 2019

Gartner report on global growth in cloud computing services in 2018 increased 31.3 percent to $ 32.4 billion from $ 24.7 billion in 2017 as Amazon becomes the largest storage service provider in the cloud, followed by Microsoft, Alibaba, Google and ibm.

Infrastructure is a cloud-based service that provides businesses with virtual server leasing, cloud storage, and storage services, resulting in many costs, such as ownership, operation, management, and maintenance. maintenance of a data center, says the report.

The report pointed out that "in 2018, five companies accounted for about 77% of the cloud services market, up from 73% in 2017." Amazon has realized a business turnover of Approximately $ 15.5 billion in 2018, up 27% from 2017, representing approximately half of the Cloud services market and continuing to expand into new IT markets.

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