The Big 3 cloud infrastructure vendors — Amazon, Microsoft and Google — all reported earnings this week. As you might expect, they did just fine with a growing market that passed $45 billion worldwide, good for a mind-boggling $180 billion run rate and trailing 12 month revenue of $164 billion. Revenue grew 37% overall in the quarter, according to Synergy Research.
The question is can these vendors stay ahead of the chip shortages that are having an impact across the entire technology supply chain from smart phones to computers?
Let’s start with the top 3 vendors, who accounted for 70% of the market share this quarter. Amazon led the way once again, and while its market share percentage held steady, as it has for years at 33%, revenue grew at a remarkable 39%, a …
