Tuesday, November 15, 2022

AWS Establishes Lead in Cloud Services, Wins Government Contract

By J. Sharpe Smith, Inside Towers Technology Editor
The hyperscale edge compute market is now looking to be a three-horse race with one a few lengths in the lead. The market leaders — Amazon Web Services, Microsoft’s Azure, and Google Cloud — accounted for 76 percent of their home market in the third quarter, according to Synergy Research Group. Inside those numbers, AWS has a significant lead with 34 percent of the market, followed by Microsoft Azure at 21 percent and Google Cloud at 11 percent, according to John Dinsdale, chief analyst at Synergy.

However, third quarter revenue results show AWS in second with sales of $20.54 billion, which was a 27.4 percent year-over-year and a 4.1 percent quarter-over-quarter increase, according to Benzinga. In first, Microsoft Azure saw its cloud revenue rise 24 percent year-over-year to $25.7 billion. A distant third, Google Cloud booked $6.87 billion in revenue, up 37.6 percent year-over-year and 9.4 percent quarter-to-quarter, but suffered an operating loss of $699 million. Continue Reading

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