Amazon’s AWS Cloud Is A Serious Threat To Traditional Enterprise Computing Companies
May 31, 2013
Grazed from Forbes. Author: Tim Worstall.
An interesting little report here about how Amazon’s AWS cloud computing services are a serious threat to a certain segment of the enterprise computing market. The specifics of it aren’t quite what I want to talk about it, rather, to use this as an example of how economies advance. The moneymen have finally looked up from beneath their golden canopies and noticed, hovering above them, a cloud named Amazon that is putting traditional IT companies in the shade.
Amazon’s cloud poses a major threat to most of the traditional IT ecosystem, a team of 25 Morgan Stanley MS +1.7% analysts write in a report, Amazon Web Services: Making Waves in the IT Pond, that was released on Wednesday. Brocade, NetApp NTAP -0.63%, QLogic, EMC EMC -0.2% and VMware VMW +1.37% are said to face the greatest “challenges” from the growth of AWS…
“The AWS offering now spans compute, storage, data management, networking and application platform markets. Vendors in these segments are contending with a flexible, pay-as-you-go, subscription model from a company sustaining non-IT operating margins,” they write…
Read more from the source @ http://www.forbes.com/sites/timworstall/2013/05/31/amazons-aws-cloud-is-a-serious-threat-to-traditional-enterprise-computing-companies/