Reports that have recently been released revealed that spending on cloud computing has been the highest ever. Many companies including Amazon, Google and Microsoft spent a total of $107 billion on cloud computing infrastructure in 2019. This number is expected to get much higher in the next five years. Amazon, which is the leading company for cloud computing , alone spent $37 billion on their cloud computing infrastructure which they call AWS.
https://www.techradar.com/news/cloud-computing-spending-breaks-all-records-in-2019
LIS 4022 Spring 2020 