Amazon, Microsoft, Google tighten grip on cloud

The pandemic period has been a boon for the trio of companies that dominate cloud computing. was not The economy enters another turmoil, Amazon.Com Microsoft And Google appears ready to increase its strength.

According to Synergy Research Group, the three companies accounted for 65% of the $53 billion in global cloud-services spending in the first quarter of the year, up from 52% of global sales four years ago. And their control over the important, fast-moving market is expected to continue as their size enables them to invest and attract clients seeking stability in turbulent times, executives and analysts say.