February, 2023

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Predicting Cloud Growth Rates for 2023

Tom Tunguz

A year ago, AWS, GCP, & Azure averaged 44% annual growth. Amazon: We expect [customer] optimization efforts will continue to be a headwind to AWS growth in at least the next couple of quarters. Google: [GCP] saw slower growth of consumption as customers optimized GCP costs. Growth will continue to slow this year.

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