Azure, Microsoft’s cloud service, outperformed its competitors, but Amazon Web Services still dominates the field. Why?
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Tech giants compete on many grounds and one of them is the cloud . Today, Amazon dominates the market for cloud services, followed by Microsoft’s Azure and Google Cloud . However, Microsoft reports reveal that its earnings for this concept during 2020 were above those obtained jointly by Amazon Web Services (AWS) and Google in the same period.
Last year, the company founded by Bill Gates reported $ 59 billion in cloud revenue . Azure, Microsoft’s cloud , was the company’s fastest growing product in the last quarter of 2020, generating $ 16.7 billion. This represents