Technology
Chinese cloud market sees huge rise, but still long way behind US giants – TechRadar
Cloud computing in China has shown impressive growth this year, but is still smaller than Microsoft Azure
The cloud computing market in China is going from strength to strength but still has plenty of growing to do according to the latest research. Market analyst firm Canalys reports that the sector grew by 65% in the third quarter of this year, taking in $5 billion in revenue.
Despite the impressive growth, Chinas cloud industry takes in less revenue collectively than Microsoft Azure alone, which banked $6.9 billion during the quarter. Currently, Chinas cloud expenditure represents 13.7% of the global…
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