Tech companies spend a LOT of money on the cloud

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:

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