According to a new report, cloud computing was worth between $9 billion and $10 billion to the Australian economy from 2022 to 2023. However, continued enterprise cloud migrations and a boom in AI computing could push its annual contribution to GDP up to $81 billion by 2029.
The report, endorsed by the Australian Information Industry Association and compiled by DT Economics for Amazon Web Services, indicated that Australia has seen a 300% growth in the cloud sector’s GDP contribution in […]
Australia’s Cloud Computing Growth to Reach $81 Billion by 2029
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