Microsoft Azure Contributed to Big Public Cloud Gains in 2022
The new round of Microsoft earnings comes as Synergy Research Group reports that public cloud service and infrastructure revenue surpassed $500 billion in 2022. Gartner last year forecast overall outlay of $495 billion. On Jan. 23, Synergy calculated the final number at $544 billion, a 21% increase over 2021.
Most of the additional adoption came from infrastructure and platform as a service, Synergy analysts said. Those particular domains grew by 29%, reaching more than $195 billion, the firm said.
Those gains came despite macroeconomic pressures including inflation, a stronger U.S. dollar and problems in the Chinese market, Synergy noted.
On the next slide, find out what’s happening with managed private cloud, an area where many channel partners specialize.
