Wednesday, April 22, 2015

How Amazon Swooped in to Own Cloud Services - Bloomberg Business

A big week for AWS

"On April 23, Amazon plans to disclose the numbers for its cloud business for the first time, in its quarterly earnings report. Analyst Karl Keirstead at Deutsche Bank estimates annual revenue of about $6 billion, about 10 times the revenue of its closest competitor in the public cloud market. Amazon’s cloud business may be the fastest-growing corporate technology business of all time and executives contend that it can grow to be bigger than the company’s $83 billion-per-year retail operation. The only thing standing in Amazon’s way are giants like Microsoft, Google, and the rest of a computing industry that, at long last, has woken up to seek revenge."
How Amazon Swooped in to Own Cloud Services - Bloomberg Business
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