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Cloud Leaderboard: AWS, Microsoft, IBM And Google Continue Infrastructure Dominance

The cloud market further consolidated in 2017 as it maintained spectacular growth. Here's how the major vendors stack up entering 2018, according to Synergy Research.

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After more than five years of uninterrupted business contraction, IBM reported fourth-quarter of growth spurred by its cloud portfolio and new mainframes and processors.

The cloud business alone grew by 24 percent from 2016, accounting for $17 billion of IBM's 2017 revenue.

IBM maintained its position as the third-largest cloud provider at the close of 2017, "thanks primarily to its strong leadership in hosted private cloud services," according to Synergy Research's Dinsdale.

IBM closed the year with roughly 8 percent market share, a decline of one-half of a percent from 2016.

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