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New 650 Group Cloud Report: IaaS Generated $200K in Revenue Every Minute of 2020 as AWS, Azure, GCP Outpaced the Market
IaaS revenue grew to over $100B in 2020 for data center equipment (servers, storage, networking) and other compute and IT equipment INCLINE VILLAGE, NEVADA, US, February 22, 2021 /EINPresswire.com/ -- According to a new report published by 650 Group, titled: IaaS Hyperscaler SWOT Report 2020-2025, IaaS revenue grew to over $100 B in 2020 and $50 B in Capital Expenditures for data center equipment (servers, storage, networking) and other compute and IT equipment. Amazon AWS, Microsoft Azure, and Google …