rtmark
LearnBonds.com

Amazon.com, Inc. (AMZN) Web Services Is An Immortal Player In Cloud Computing

Amazon.com, Inc. NASDAQ:AMZN

A new report from industry research firm Gartner revealed that the combined cloud usage of fourteen competitors including Microsoft Corporation (NASDAQ:MSFT)’s Azure is not enough to match Amazon.com, Inc. (NASDAQ:AMZN)’s Web Services total cloud usage.

Amazon

Amazon Takes Gigantic Share

The report indicated that Amazon’s cloud usage is ten times the combined usage of its fourteen competitors. Next in the line is Microsoft’s Azure, which has twice the combined usage of its next thirteen sequential competitors. The figure in itself explains the structure of the cloud computing market share, which is completely skewed towards the likes of Amazon and Microsoft.

As the cost of operating self-run data-centers erodes bottom lines, businesses see cost benefits when using Amazon’s Web Services, which has grown to become a $6 billion business. A leading example is Zynga Inc (NASDAQ:ZNGA), which learned its lesson the hard way that Amazon’s Web Services are more cost efficient than running their own data centers.  As a result, the gaming company is going back to Amazon for its cloud data needs.

Hard to compete niches

Gartner indicated that Amazon’s Web Services are viewed as ‘safe choice‘ in the cloud computing market as it offers the broadest range of capabilities as well as long-term market leadership.  Amazon may not be best suited for some who find Microsoft’s Azure as a more attractive proposition. Azure is a highly integrated cloud computing service that combines with Microsoft’s server and software suites.

Meanwhile, Goolge Inc (NASDAQ:GOOGL)’s Cloud Platform is third in rank. It offers an edge for developing modern applications that are cloud non-native. Other competitors included in the Gartners list are those which have moved on with the fact that competing with Amazon is pointless. Hence, these companies are safely involved in those niches that are tough to compete. For instance, Rackspace Hosting deals with white-glove support while Virtustream helps clients run complicated applications. Still, these cloud computing competitors are way behind Amazon, Microsoft or even Google, and clearly the market share is not expected to change soon.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission

Rating

64 traders signed up today

Visit Now

75% of investors lose money when trading CFDs.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

Rating

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Avatar