Cloud Market Gets its Mojo Back; AI Helps Push Q4 Increase in Cloud Spending to New Highs

RENO, Nev., Feb. 1, 2024 /PRNewswire/ — New data from Synergy Research Group shows that Q4 enterprise spending on cloud infrastructure services was close to $74 billion worldwide, up by over $12 billion from the fourth quarter of 2022. The year-on-year growth rate was 20% in Q4, markedly…