Expenditure on cloud infrastructure services in China grew by 65% in the third quarter to cross US$5 billion (A$6.78 billion), a rise of more than US$750 million in the second quarter and nearly US$2 billion more than the corresponding period in 2019, the technology analyst firm Canalys says.
Database giant Oracle is buying TikTok to increase its relevance in the cloud market by demonstrating the scalability of its cloud platform, and also increase its "hip factor" with brands like Zoom, analysts from the American market research company Forrester claim.
Technology analyst firm Canalys says data it has collected in the second quarter of 2020 show that Google Cloud is the top cloud service provider to the retail sector.
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