Amazon.com Inc. and Microsoft Corp., reported year-over-year growth of 37.3 percent and 18.6 percent in their respective cloud-related segments for the first half of 2019, according to S&P Global.
While Microsoft's intelligent cloud segment reported the larger top-line figure, with $11.39 billion in revenue versus $8.38 billion from Amazon's web services segment, Microsoft includes results from its server products and enterprise services as well as its primary cloud product Azure in the intelligence cloud total.
Google Cloud is about an $8 billion annual run rate as of June 2019, the ratings firm says.
Azure revenue grew 64 percent year over year during the most-recent quarter. Some of that growth is due to technology that extends Azure services to the edge of the network for a hybrid cloud offering
No comments:
Post a Comment