Building trust will be “deciding factor in cloud service provider competition” in 2021

A cloud computing graphic.

Spend on cloud infrastructure services by US-based companies grew 29% in Q1 2021 to a record $18.6 billion (£13.10bn), after global cloud spend consolidated in 2020.

Total cloud expenditure in the US increased $4.2bn (£2.96bn) in the past year and $621 million (£437m) in the first quarter of the year, according to the latest Canalys data. Dollar for dollar, annual expansion was the highest in two years, indicating robust demand for cloud services. 

The trend of...