Articles

Microsoft Soars: How Azure, AI And IoT Are Driving Cloud Hypergrowth At $20-Billion Scale

(Note: After an award-winning career in the media business covering the tech industry, Bob Evans was VP of Strategic Communications at SAP in 2011, and Chief Communications Officer at Oracle from 2012 to 2016. He now runs his own firm, Evans Strategic Communications LLC.)

Cloud Wars — While Microsoft’s ability to reach $6 billion in quarterly cloud revenue and $20.8 billion for the trailing 12 months is beyond impressive, what’s downright scary is that Satya Nadella’s cloud business is growing at a stunning 58%–and the enterprise cloud hasn’t even begun to reach the fat part of the market. Look at Amazon’s Q1 cloud numbers: remarkable 49% growth to $5.44 billion in revenue, huge momentum in all of its businesses—and not only does it fail to gain ground on Microsoft, but Amazon, in fact, fell farther behind!

Source: forbes.com
Author: Bob Evans

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