Cloud Giants Continue Pouring Billions Into Data Centers

The growth of Cloud computing will continue to increase. The Giants have a great view into forecasts and pipeline thus the massive investment. Huge opportunity for innovative cyber security companies who address the gaps.

 

 

Even though there are indications that overall cloud data center spend may be slowing down, the biggest cloud providers continue spending billions to expand their platforms’ physical scale.

Amazon, Microsoft, and Alphabet all reported their earnings for the quarter ended September 30 this week, and all three said they invested a ton of money in data centers during the quarter. They don’t report the exact amounts they spend on data centers – usually lumping that number with spending on other things – but it’s safe to say that data centers represent the bulk of the bucket they’re in.

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