Nanalyze April 18, 2023
Just five companies in the world are worth more than a trillion dollars. Of those, four are tech firms, and three are the largest cloud computing providers in the world with a combined market share of around 65% – Amazon, Google, and Microsoft. Referred to as “hyperscalers,” they’re all experiencing tremendous growth while targeting an opportunity that’s expected to double in four years, topping a trillion dollars by 2026.
Hyperscalers are large cloud service providers, that can provide services such as computing and storage at enterprise scale.
Credit: Red Hat
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