Feb2018

Monarch of the Cloud in 2017

What does the cloud vendor results tell us about 2017? According to the results from Cleveland Research, cloud vendors reported a banner year for 2017 that was an increase of 48% year over year. These overall results are on the high end of the 40% – 50% that was the expected targets and come in totaling $38.6 billion. The fourth quarter in 2017 had an accelerated growth to 50%, which is an overall increase of 4% in comparison to the prior quarter that came in with a 46% growth.