17%
14% YoY
#4
Summary
- Lambda ranks #4 within the Neocloud category, down 1 position month-over-month.
- As of November 2026, 17% of organizations who have a vendor in the Neocloud category use Lambda: down 14 percentage points from last year.
- Lambda has the highest adoption among micro-SMB companies (17%), compared to small-to-medium businesses (17%), mid-market (15%), and enterprise (10%).
- Lambda Labs key capabilities include GPU cloud infrastructure, pre-configured ML environments, and scalable compute clusters, supporting AI model training and inference workloads.
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Key stats
17%
14% YoY
Mid-Market, 41%
5%
11%
#6
#4
Adoption Rates by company size
| Company size | Adoption rate |
|---|---|
| SMB | 17% |
| Mid-market | 15% |
| Enterprise | 10% |
About Lambda
Lambda Labs provides GPU cloud infrastructure and workstations purpose-built for deep learning and AI research.
About this data
These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.
| Date | New adopter share | Competitor switch rate | Dominant FTE segment | Adoption rate (Enterprise) | Adoption rate (Mid-Market) | Adoption rate (SMB) |
|---|---|---|---|---|---|---|
| Oct 2026 | 5% | 11% | Mid-Market, 41% | 10% | 15% | 17% |
| Sep 2026 | 6% | 11% | Mid-Market, 45% | 14% | 16% | 18% |
| Aug 2026 | 9% | 12% | Mid-Market, 47% | 12% | 18% | 19% |
| Jul 2026 | 8% | 12% | Mid-Market, 47% | 13% | 20% | 19% |
| Jun 2026 | 11% | 13% | Mid-Market, 43% | 15% | 21% | 21% |
| May 2026 | 11% | 13% | Mid-Market, 45% | 20% | 20% | 21% |
| Apr 2026 | 6% | 13% | Mid-Market, 45% | 21% | 22% | 22% |
| Mar 2026 | 5% | 14% | Mid-Market, 41% | 24% | 24% | 25% |
| Feb 2026 | 12% | 14% | Mid-Market, 42% | 29% | 25% | 27% |
| Jan 2026 | 11% | 16% | Mid-Market, 39% | 31% | 27% | 28% |
| Dec 2025 | 16% | 15% | Mid-Market, 39% | 35% | 27% | 29% |
| Nov 2025 | 6% | 15% | Mid-Market, 39% | 35% | 28% | 29% |
| Oct 2025 | 14% | 15% | Mid-Market, 39% | 40% | 30% | 31% |
| Sep 2025 | 23% | 13% | Enterprise, 38% | 40% | 32% | 32% |
| Aug 2025 | 14% | 13% | Enterprise, 38% | 40% | 31% | 33% |
| Jul 2025 | 21% | 14% | Enterprise, 42% | 40% | 34% | 34% |
| Jun 2025 | 28% | 12% | Enterprise, 39% | 44% | 38% | 34% |
| May 2025 | 25% | 11% | Enterprise, 41% | 40% | 38% | 33% |
| Apr 2025 | 18% | 12% | Enterprise, 41% | 43% | 38% | 34% |
| Mar 2025 | 31% | 12% | Mid-Market, 40% | 43% | 41% | 35% |
| Feb 2025 | 18% | 13% | Mid-Market, 39% | 42% | 42% | 34% |
| Jan 2025 | 15% | 14% | Mid-Market, 42% | 42% | 44% | 35% |
| Dec 2024 | 32% | 19% | Mid-Market, 46% | 40% | 44% | 37% |
| Nov 2024 | 28% | 21% | Mid-Market, 45% | 33% | 45% | 36% |
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