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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen8/5/2016 9:21:05 AM
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Amazon and Microsoft Are Running One and Two in Two-Cloud Race



Amazon Web Services and Microsoft continue to lead the pack when it comes computing capacity for their public cloud services, according to Gartner.

The research firm’s closely-watched Magic Quadrant annual report surveys the amount and type of cloud computing services offered for rent by big companies. And this year’s edition shows this to be a two-horse race with market pioneer Amazon running first, while Microsoft continues a strong push at second.

Other contenders include Google, IBM IBM 0.55% , VirtuStream (part of EMC EMC 0.00% ), CenturyLink, Rackspace RAX 34.24% , and VMware VMW -0.10% .

Amazon’s AMZN 0.81% continued strength will not surprise many considering the resources it has poured into this now-$10-plus billion a year business. AWS “has the largest share of compute capacity in use by paying customers — many times the aggregate size of all other providers in the market,” according to the report.

fortune.com



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