Public Cloud Battle: Here's How AWS, Microsoft And Google Stack Up After Robust Earnings Calls
Who Has The Edge?
The three leading public cloud providers -- Amazon, Microsoft and Google -- all released earnings figures last week that seemed to sprawling businesses buoy investor confidence.
The three rivals are locked in a heated battle to control the public cloud, a market that's exploding at an almost 50 percent growth rate. Sales for Infrastructure-as-a-Service, Platform-as-a-Service and hosted private cloud are approaching $10 billion in quarterly revenue, according to a recent analysis by Synergy Research.
In the concurrent earnings calls for the quarter ending March 31, Microsoft CEO Satya Nadella, Google CEO Sundar Pichai and Amazon CFO Brian Olsavsky each extolled the capabilities of their respective cloud offerings.
But it's worth noting that the Big 3, as they've come to be known, aren't the only players left standing in the industry. While IBM's recent earnings call certainly didn't generate the same kind of enthusiasm on Wall Street, Big Blue has a strong share of the market Synergy evaluated due to its private cloud hosting business. Oracle and Alibaba are also growing fast and trying to make inroads.