Microsoft Tops Amazon In Q1 Cloud Revenue, $6.0 Billion To $5.44 Billion; IBM Third At $4.2 Billion

Despite posting excellent first-quarter cloud-revenue growth of 49% to $5.44 billion, Amazon actually lost ground in its efforts to overtake Microsoft as the world’s leading enterprise-cloud provider as Satya Nadella’s company reported its commercial-cloud revenue jumped 58% to $6.0 billion.

the better-than-expected growth is directly attributable to businesses across every industry “moving quickly to seize the digital dividend using data and AI,”
Over the past year, I’ve made the case repeatedly that Microsoft’s the top cloud company in the world not only because of its revenue numbers but also because of its customer-centric vision for how it weaves its vast arsenal of traditional and new technologies together via the cloud.

Full article here

Advertisements
This entry was posted in Economy, Health, Information Technology. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s