Cloud Market Sees Strong Growth in Q1 2024 Driven by Enterprise Spending
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#482b92ce ver:0.41
Enterprise spending on cloud infrastructure services surged 21% in Q1 2024, reaching over $76 billion, driven by generative AI. Amazon Web Services (31%), Microsoft (25%), and Google (11%) dominate the market, but Microsoft and Google are growing faster. Microsoft's Azure is challenging Amazon's cloud dominance, with a 28.9% growth, fueled by AI services like Copilot. Coca-Cola signed a $1.1 billion deal with Microsoft, leveraging Azure and Copilot. Microsoft also expanded its collaboration with Cognizant, investing $1 billion in generative AI. While Microsoft gains market share, it faces an antitrust probe. #CloudMarket #EnterpriseSpending #GenerativeAI #Azure #Copilot...
#newstr #Microsoft #Amazon #CloudComputing #Ai #Cocacola #CloudMarket #EnterpriseSpending #GenerativeAi #AmazonWebServices #GoogleCloud
https://here.news/story/482b92ce?ver=0.41
Cognizant and Microsoft Collaborate to Boost GenAI Adoption /
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2024-05-02 10:09:27
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"content": "Cloud Market Sees Strong Growth in Q1 2024 Driven by Enterprise Spending\n===============\t\n#482b92ce ver:0.41\n\nEnterprise spending on cloud infrastructure services surged 21% in Q1 2024, reaching over $76 billion, driven by generative AI. Amazon Web Services (31%), Microsoft (25%), and Google (11%) dominate the market, but Microsoft and Google are growing faster. Microsoft's Azure is challenging Amazon's cloud dominance, with a 28.9% growth, fueled by AI services like Copilot. Coca-Cola signed a $1.1 billion deal with Microsoft, leveraging Azure and Copilot. Microsoft also expanded its collaboration with Cognizant, investing $1 billion in generative AI. While Microsoft gains market share, it faces an antitrust probe. #CloudMarket #EnterpriseSpending #GenerativeAI #Azure #Copilot...\n\n#newstr #Microsoft #Amazon #CloudComputing #Ai #Cocacola #CloudMarket #EnterpriseSpending #GenerativeAi #AmazonWebServices #GoogleCloud \n\n https://here.news/story/482b92ce?ver=0.41",
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