Amazon versus Microsoft: Cut-Throat Competition for the Cloud

January 26, 2016 Off By David
Object Storage

Grazed from MarketRealist. Author: Editorial Staff.

Previously in this series, we discussed how Amazon (AMZN) had started 2016 with its decade-old strategy of price cuts, and Microsoft (MSFT) has followed its lead, by cutting prices for Azure. Amazon is, unquestionably, the leader in the overall cloud space. However, Microsoft is catching up fast in the cloud and holds the second position after Amazon.

According to research company FBR & Co., Microsoft Azure is likely to reach an annual run rate of $8 billion in 2016, compared with AWS’s (Amazon Web Services) annual run rate of $7 billion in 2015. Wall Street also believes Amazon’s AWS is likely to face stiff competition from Microsoft’s cloud computing platform, Azure, in 2016…

In the cloud computing space, apart from Amazon’s AWS, Microsoft’s Azure competes with IBM’s (IBM) Bluemix and Google’s (GOOG) Cloud Platform. To learn more, please read Will Amazon Web Services Lose Its Position to Microsoft in 2016?…

Read more from the source @ http://marketrealist.com/2016/01/amazon-versus-microsoft-cut-throat-competition-cloud/