Huawei Cloud ranks fifth in the world

It was announced that Huawei Cloud 2017 was established. In 2017, Amazon’s public cloud has been under development for 10 years and Alibaba Cloud has been under development for 7 years. But Huawei is heading to be the leader as always.

Huawei Cloud ranked fifth in the world and its growth rate is the first! Gartner (international research organization) published the latest “Market Share: IT Services, Worldwide 2020” research analysis report. The cloud computing IaaS market is still rapidly and steadily developing, with a global market size of US $ 64.39 billion. In 2020, Huawei Cloud’s ranking in the global IaaS market said it was second in China with the fastest growth rate among mainstream vendors and ranked among the top five globally.

What is Laas? : Cloud computing is not a single product type, but a combination of a range of services to meet various IT needs. Infrastructure as a service (IaaS), software as a service (SaaS), and platform as a service (PaaS) are the main types of cloud computing services. Infrastructure as a service (IaaS) that provides virtualized computing resources such as virtual machines, storage, networks, and operating systems to individuals or organizations of cloud computing providers.

Service systems such as Amazon, Microsoft, Alibaba Cloud and Google rank first in this field. By contrast, Huawei Cloud has been established for only three years, and its market share surpasses Tencent Cloud, ranking second in China and second after Alibaba Cloud.