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The 20 largest cloud and internet providers splurged almost $120bn in capital expenditure last year with most of the funds going towards furnishing racks in their vast data centres.
According to Synergy Research Group, the amounts invested by the likes of Google and Microsoft into physical assets such as buildings and equipment increased by 43 per cent in a single year. Meanwhile, capex spending by telecommunications providers remained flat at 2016 levels.
Infrastructure - Synergy - Telecommunications - Firms - Year
This doesn't mean telcos invest less in their infrastructure – Synergy noted that the 40 largest telecommunications firms forked out more than $240bn over the past year to support their networks and services.
But while investment in telecomms remained unchanged, each quarter of 2018 saw a new record in hyperscale spending, mounting to $32bn in Q4.
Surprise - One - Spenders
It will come as a surprise to absolutely no one that the top five hyperscale spenders in 2018 were...
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