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Big 3 cloud infrastructure earnings reach almost $22B this quarter

Amazon, Microsoft and Google are often referred to as the Big 3 in the cloud infrastructure market, and if you had any doubt about the growth potential of the cloud, take a look at this quarter’s eye-popping revenue numbers from these three companies, which reached almost $22 billion this earnings season.
Before we get into each company’s specific numbers, it’s important to note that it’s difficult to get a firm grip on what the cloud numbers actually mean and what each company includes in that cloud revenue category. What’s more, Google didn’t even report specific cloud revenue this quarter, so we are left to rely on comments from July.
It’s also important to note that we are talking about the cloud infrastructure, not SaaS revenue, so Microsoft earned additional money from their SaaS business, but Google combines SaaS and infrastructure into a single number.
That said, we have a rough idea and we know the market is growing. Consider that based on last year’s earnings reports that revenue has grown from around $16 billion to around $22 billion in just one year for these Big 3. In fact, Synergy Research reports that this month the entire market is on a $100 billion run rate for the first time.

AWS


Big 3 cloud infrastructure earnings reach almost $22B this quarter
Photo: Budrul Chukrut/SOPA Images/LightRocket via Getty Images
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