18%
14% YoY
#3
Summary
- Lambda ranks #3 within the Neocloud category, maintaining its position month-over-month.
- As of October 2026, 18% 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 (18%), compared to small-to-medium businesses (18%), mid-market (17%), and enterprise (14%).
- 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
18%
14% YoY
Mid-Market, 44%
7%
11%
#5
#3
Adoption Rates by company size
| Company size | Adoption rate |
|---|---|
| SMB | 18% |
| Mid-market | 17% |
| Enterprise | 14% |
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) |
|---|---|---|---|---|---|---|
| Sep 2026 | 7% | 11% | Mid-Market, 44% | 14% | 17% | 18% |
| Aug 2026 | 9% | 11% | Mid-Market, 46% | 12% | 18% | 19% |
| Jul 2026 | 8% | 12% | Mid-Market, 46% | 13% | 20% | 19% |
| Jun 2026 | 11% | 12% | Mid-Market, 43% | 15% | 21% | 21% |
| May 2026 | 11% | 12% | Mid-Market, 44% | 20% | 20% | 22% |
| Apr 2026 | 6% | 13% | Mid-Market, 44% | 21% | 22% | 23% |
| Mar 2026 | 5% | 14% | Mid-Market, 40% | 25% | 24% | 25% |
| Feb 2026 | 12% | 14% | Mid-Market, 41% | 31% | 25% | 28% |
| Jan 2026 | 11% | 15% | Mid-Market, 38% | 33% | 27% | 29% |
| Dec 2025 | 17% | 15% | Mid-Market, 38% | 38% | 27% | 29% |
| Nov 2025 | 6% | 15% | Mid-Market, 38% | 38% | 28% | 30% |
| Oct 2025 | 14% | 15% | Mid-Market, 38% | 43% | 30% | 31% |
| Sep 2025 | 23% | 14% | Enterprise, 38% | 43% | 32% | 32% |
| Aug 2025 | 14% | 13% | Enterprise, 38% | 43% | 31% | 33% |
| Jul 2025 | 21% | 13% | Enterprise, 42% | 43% | 34% | 35% |
| Jun 2025 | 28% | 12% | Enterprise, 40% | 47% | 38% | 34% |
| May 2025 | 26% | 11% | Enterprise, 41% | 43% | 38% | 34% |
| Apr 2025 | 18% | 12% | Enterprise, 41% | 46% | 38% | 35% |
| Mar 2025 | 31% | 13% | Mid-Market, 39% | 46% | 41% | 36% |
| Feb 2025 | 18% | 14% | Mid-Market, 39% | 45% | 42% | 35% |
| Jan 2025 | 15% | 14% | Mid-Market, 41% | 45% | 44% | 35% |
| Dec 2024 | 32% | 18% | Mid-Market, 45% | 44% | 44% | 37% |
| Nov 2024 | 28% | 18% | Mid-Market, 44% | 38% | 45% | 37% |
| Oct 2024 | 37% | 20% | Mid-Market, 39% | 38% | 45% | 37% |
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