Spending on cloud infrastructure grew by more than a third from Q1 to Q2 this year, according to the latest research from analytics firm Canalys.

Following the release of Amazon Web Services’ (AWS) earnings, which made up 31% of global cloud infrastructure spending, it has been confirmed that total industry spending for this year’s second quarter sat at $47 billion (£33.8bn).

Bezos’ cloud platform now boasts an annualised revenue of $59bn (£42.4bn), making it...