Despite a mixed bag of earnings reports from tech companies, negative GDP growth this past quarter and rising inflation\u2026the cloud continues its relentless expansion on the IT landscape. AWS, Microsoft and Alphabet have all reported earnings and, when you include Alibaba\u2019s cloud in the mix, the big 4 hyperscalers are on track to generate $167B in revenue this year based on our projections. But as we\u2019ve said many times the definition of cloud is expanding. And hybrid environments are becoming the norm at major organizations. We\u2019re seeing the largest enterprise tech companies focus on solving for hybrid and every public cloud company now has a strategy to bring their environments closer to where customers\u2019 workloads live \u2013 in data centers and the edge.\xa0
Hello and welcome to this week\u2019s Wikibon CUBE Insights, Powered by ETR. In this Breaking Analysis we\u2019ll update you on our latest cloud projections and outlook. We\u2019ll share the latest ETR data and some commentary on what\u2019s happening in the \u201chybrid zone\u201d of cloud.