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Businesses spent $57bn on cloud infrastructure services in Jul-Aug 2022

The figure represents a considerable jump on last year and comes despite historically strong US dollar and a severely restricted Chinese market.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

October 30, 2022 | 6:47 PM GMT

Enterprise spending on cloud infrastructure services exceeded US$57 billion during Q3, marking a steep increase in CAPEX from businesses across the world.

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João Marques Lima

Founder and Editor, The Tech Capital

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