Despite showing a 60 percent growth in the cloud infrastructure market, the company still trails Amazon to become the leader in this business.
Microsoft is one of the powerhouses in the information technology sector. The company has dominated for ages and has not given up on its lead in some segments yet. However, it has been going through a rough patch and has been facing serious competition from competitors in the smart phone market, cloud market, and the PC market as well. Recently, the company boasted about its cloud computing business. But the thing that the company needs to keep in mind that its business might be big, but it is not as big as Amazon’s. The cloud business of the Amazon Web Services is huge.
After nine years, Amazon revealed perfect earnings of its AWS business which shook the industry. The earnings speak for the company’s position in the sector and how ahead it is compared to the competition against Microsoft, IBM, and Salesforce.com. This shows that Microsoft has a lot more to catch up in order to keep up with the pace of Amazon. Despite the announcement that Redmond made regarding a growth by 60 percent in its cloud infrastructure, it is believed that Microsoft is on second only to Amazon as being the largest in the cloud market.
Not only Microsoft but Google has also shown significant growth in the cloud market in the first quarter of new fiscal year, yet the companies are trailing Amazon Web Services and it remains the dominant force after reporting $1.6 billion in revenues.
Amazon has grown mature with its cloud computing business platform and it has grown a lot in a short span of time. The cloud platform of the company is now known as a $5 billion dollar business in the market. All the big name companies such as Netflix and Expedia, as well as popular startups, are the customers of Amazon Web Services and not Microsoft Azure. The company has more than 1 million customers worldwide. However, the only company that seems to be catching up is IBM.
A Chief Analyst at Synergy Research Group stated “Across the full and varied spectrum of cloud activities there are now six companies that can lay a valid claim to having annual cloud revenue run rates in excess of $5 billion – AWS, IBM, Microsoft, HP, Cisco and salesforce – and all are able to claim leadership in different parts of the cloud market.” He further made it clear that no one comes close to Amazon. He said that if you compare the cloud businesses in the market, Amazon is well ahead of all peers and competitors.
After nine years, Amazon revealed perfect earnings of its AWS business which shook the industry. The earnings speak for the company’s position in the sector and how ahead it is compared to the competition against Microsoft, IBM, and Salesforce.com. This shows that Microsoft has a lot more to catch up in order to keep up with the pace of Amazon. Despite the announcement that Redmond made regarding a growth by 60 percent in its cloud infrastructure, it is believed that Microsoft is on second only to Amazon as being the largest in the cloud market.
Not only Microsoft but Google has also shown significant growth in the cloud market in the first quarter of new fiscal year, yet the companies are trailing Amazon Web Services and it remains the dominant force after reporting $1.6 billion in revenues.
Amazon has grown mature with its cloud computing business platform and it has grown a lot in a short span of time. The cloud platform of the company is now known as a $5 billion dollar business in the market. All the big name companies such as Netflix and Expedia, as well as popular startups, are the customers of Amazon Web Services and not Microsoft Azure. The company has more than 1 million customers worldwide. However, the only company that seems to be catching up is IBM.
A Chief Analyst at Synergy Research Group stated “Across the full and varied spectrum of cloud activities there are now six companies that can lay a valid claim to having annual cloud revenue run rates in excess of $5 billion – AWS, IBM, Microsoft, HP, Cisco and salesforce – and all are able to claim leadership in different parts of the cloud market.” He further made it clear that no one comes close to Amazon. He said that if you compare the cloud businesses in the market, Amazon is well ahead of all peers and competitors.
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