Capex (capital expenditure) of hyperscale operators significantly rose to $27 billion in the first quarter of 2018, Synergy Research Group said.
Google, Microsoft, Amazon, Apple and Facebook account for over 70 percent of hyperscale Capex. Capex levels at four of the big five were at an all-time high in Q1.
The $27 billion spending figure in Q1 compares to total hyperscale Capex of $74 billion in 2017. Hyperscale companies make investment in building and huge data centers, which have now grown in number to over 420.
Other leading hyperscale spenders in Q1 were Alibaba, IBM, JD.com, NTT and Tencent. Other notables outside of the top ten include Baidu, eBay, Oracle, PayPal, Salesforce, SAP, Yahoo Japan and Yahoo/Oath.
