Tech companies spend a LOT of money on the cloud

If you think you spend a lot of money on random subscriptions, check out how much these big internet companies spend on the cloud.


September 8, 2020

Photo Credit: MR.Cole_Photographer

Have you ever looked at all your monthly subscription charges and thought, Yo, WTF?!

Well, if it makes you feel any better, the world’s biggest consumer tech companies spend hundreds of millions of dollars a year on cloud services like Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft’s Azure.

The cloud management firm, Bepsin Global, combed these 2020 figures from public records, S-1 filings, and annual reports:

Daily briefings, straight to your inbox

Business and tech news in 5 minutes or less

Join over 1 million people who read The Hustle

Psst

How'd Bezos build a billion dollar empire?

In 1994, Jeff Bezos discovered a shocking stat: Internet usage grew 2,300% per year.

Data shows where markets are headed.

And that’s why we built Trends — to show you up-and-coming market opportunities about to explode. Interested?

Join us, it's free.

Look, you came to this site because you saw something cool. But here’s the deal. This site is actually a daily email that covers the important news in business, tech, and culture.

So, if you like what you’re reading, give the email a try.