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Amazon Web Services (AWS), the world's largest cloud services provider, is expected to post its strongest revenue increase in eight quarters at 19.3%, according to data compiled by LSEG.
All services are billed based on usage, but each service measures usage in varying ways. As of 2023 Q1, AWS has 31% market share for cloud infrastructure while the next two competitors Microsoft Azure and Google Cloud have 25%, and 11% respectively, according to Synergy Research Group. [10] [11]
Today, the company has about a 31% market share in the cloud-computing space, nicely ahead of Microsoft's Azure with a 20% share. Last quarter, the segment's revenue climbed 19%, while its ...
Sales for Amazon Web services, the company’s prominent cloud computing unit, rose 19% during the fourth quarter. But it fell slightly below analysts expectations. Amazon is one of the biggest players in the competitive tech race around generative artificial intelligence.
Amazon Web Services (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis. These cloud computing web services provide distributed computing processing capacity and software tools via AWS server farms .
Market cap: $3.29 trillion. Stock price: $134.25. 4. Amazon (AMZN) Amazon is the largest online retailer in the world and has also built a sizable cloud business in Amazon Web Services. Amazon ...
Amazon EC2 price varies from $2.5 per month for "nano" instance with 1 vCPU and 0.5 GB RAM on board to "xlarge" type of instances with 32 vCPU and 488 GB RAM billed up to $3997.19 per month. The charts above show how Amazon EC2 pricing is compared to similar Cloud Computing services: Microsoft Azure, Google Cloud Platform, Kamatera, and Vultr. [69]
Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated. ... Sales for Amazon Web services, the company’s ...