Trends Report

The Impact Of Q3 2023 Cloud Earnings On Technology Executives

The Major Hyperscalers Take Different Approaches To Delivering Value With AI

December 14th, 2023
Lee Sustar, Principal Analyst
Lee Sustar Principal Analyst
With contributors:
Matthew Guarini , Arthur Ross , Kara Hartig

Summary

Our analysis of the top cloud providers’ most recent earnings statements shows cloud providers capturing revenue based on new or enhanced AI services while navigating their clients’ cost optimization efforts. However, the big players are taking different roads to get there. Technology executives should accelerate experimentation with AI offerings and align their approach with the hyperscaler that best suits their strategic ambitions.

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