Amazon and Microsoft battle for market space as cloud spending spikes

Amazon and Microsoft battle for market space as cloud spending spikes

- Details of fourth-quarter spending in 2019 of both Microsoft and Amazon have popped up on the internet

- Canalys, a firm of analysts, has disclosed that the total fourth-quarter 2019 revenue in the cloud infrastructure market reached $30.2 billion

- Microsoft reported quarterly cloud revenue of $12.5 billion while Amazon recorded $9.95 billion for the same period

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A firm of analysts, Canalys, has reported an increase in 2019 fourth-quarter revenue in the cloud infrastructure market to $30.2 billion.

This comes in the wake of challenges in parsing cloud numbers as companies often lump cloud revenue into a single bucket, regardless of whether it was generated by infrastructure or software.

The data from Canalys shows an attempt to measure pure infrastructure results without the recognition of other cloud incomes.

Amazon and Microsoft battle for market space as cloud spending inches past $30 bn in 2019 Q4

Source: techcrunch.com
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Microsoft, for instance, reported a quarterly cloud revenue of $12.5 billion for the period, but Canalys estimates that only $5.3 billion of the amount comes from infrastructure (Azure).

Amazon, per a report by techcrunch.com, enjoyed the purest number, recording $9.8 billion out of $9.95 billion, linked to infrastructure business.

Microsoft, nonetheless, enjoyed a good quarter, as it recorded 17.6% revenue for the period.

This represents an increase from 14.5% for the same quarter in the year 2018. Amazon, on the other hand, recorded a drop in revenue from 33.4% in the fourth quarter in 2018 to 32.4% a year later.

The reason, it has been explained, is because Microsoft is growing at 62.3%, which is close to twice Amazon’s rate of 33.2%.

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Source: Briefly.co.za

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