Jamie McKane
MyBroadband Journalist
- Joined
- Mar 2, 2016
- Messages
- 7,000
- Reaction score
- 1,008
Cloud giants keep growing despite slowdown fears
Cloud-computing companies have a message for skittish investors: demand is still booming.
Earnings reports from the biggest providers of internet-based computing services – Amazon.com Inc., Microsoft Corp., and Alphabet Inc.’s Google – showed that these companies are grabbing a larger share of business technology spending, defying warnings from some of their suppliers that a hot corner of the industry might be cooling off.
[Bloomberg]
Cloud-computing companies have a message for skittish investors: demand is still booming.
Earnings reports from the biggest providers of internet-based computing services – Amazon.com Inc., Microsoft Corp., and Alphabet Inc.’s Google – showed that these companies are grabbing a larger share of business technology spending, defying warnings from some of their suppliers that a hot corner of the industry might be cooling off.
[Bloomberg]