Good piece in the Wall Street Journal about how Amazon and Microsoft are "turning up the pressure on each other as they battle to supply corporate America with remote computing power, stoking a fight that is expected to dominate the tech world over the next decade. Revenues from this business - known as cloud computing - jumped 246% in the previous decade, according to a 2020 estimate from research firm Gartner Inc."
Amazon has been the dominant player in this segment, but Microsoft is amping up the competition, "telling potential clients that, unlike with Amazon, when they sign up for the company’s Azure cloud-computing business they won’t be placing valuable customer or product information into servers run by a potential rival." But Amazon argues that companies like Microsoft are wannabes; Andy Jassy, chief executive of Amazon Web Services, recently said that "there are a lot of companies that have become pretty good at being checkbox heroes, where they kind of look at something we have and they rush to have it out there and say we have it too.”
You can read the entire story here.
Amazon has been the dominant player in this segment, but Microsoft is amping up the competition, "telling potential clients that, unlike with Amazon, when they sign up for the company’s Azure cloud-computing business they won’t be placing valuable customer or product information into servers run by a potential rival." But Amazon argues that companies like Microsoft are wannabes; Andy Jassy, chief executive of Amazon Web Services, recently said that "there are a lot of companies that have become pretty good at being checkbox heroes, where they kind of look at something we have and they rush to have it out there and say we have it too.”
You can read the entire story here.
- KC's View:
