Trends Report

What The Hyperscale Cloud Providers’ Q4 2022 Earnings Mean For Technology Executives

Reduce Cloud Sprawl And Contain Costs That You Can Reinvest In The Coming AI Wave

March 29th, 2023
Lee Sustar, Principal Analyst
Lee Sustar Principal Analyst
With contributors:
Matthew Guarini , Arthur Ross , Diane Lynch

Summary

Our analysis of the top cloud providers’ most recent earnings statements shows that the best near-term opportunity for technology leaders is to reduce cloud sprawl and contain spending. Slower growth has cloud providers looking to retain the loyalty of longtime customers by proposing ways to help them cut costs rather than keep workloads on their own premises or shift those workloads to another cloud. Technology executives can then use those savings to position themselves to invest in the coming wave of AI-infused cloud services.

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