Cloud providers’ revenue is still growing, but slowing

TLDR version: Microsoft and Google reported slower growth in cloud revenues for the June quarter. Amazon’s upcoming results will provide another data point for assessing the deceleration of global cloud market growth. Within the ANZ region, investments in Australia and New Zealand by the global cloud providers suggest confidence that the market will continue to grow. Small and medium sized business may represent an opportunity for telcos who are able to leverage existing relationships in order to cross-sell cloud.

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