Amazon Web Services Rains On Other Cloud Vendors

By | November 18, 2014

Scalper1 News

In the hierarchy of water-vapor clouds, Amazon.com’s (AMZN) cloud computing business would be a massive thunderhead compared with the wispy cirrus clouds of its rivals. Amazon Web Services is not only the market share leader, it generates nearly as much revenue as the next five companies combined, according to UBS Securities. In the third quarter, AWS raked in $1.08 billion in sales, giving it 27% of the $4 billion cloud services market, UBS Scalper1 News

Scalper1 News