The top notch cloud providers for 2019 have maintained their positions, but the themes, strategies, and approaches to the market are all fluctuations. The infrastructure-as service wars have been vividly decided, with the rewards going to, Microsoft Azure, Amazon Web Services and Google Cloud Platform, but new advancements such as machine learning and artificial intelligence have opened up the grounds to other players.
Overall expenditure on cloud infrastructure services jumped 39%.
Azure, Google Cloud, Amazon Web Services, and over the past week all reported stable and momentous revenue growth, a signal that the universal cloud market is ongoing to increase speedily and these trio group of providers continues to dictate it.
It also correlates with the findings by analysts with Synergy Research Group, who proclaimed that this week in the second quarter, spending on cloud infrastructure services increased 39% year over year.
While the rate of augmentation is: decelerating slightly, as it has more to do with the colossal scale of the market, the analysts quoted.
In terms of statistical data, spending during the quarter increased by more than $1.6 billion over the preceding quarter, which is known to be the other outsized incremental boost ever.
Overall, revenue in cloud infrastructure services hit $23 billion, with revenue over the last four quarters above $80 billion.
On the other hand, Google Cloud and Azure have been able to show significant growth.
“As the cloud buyer and cloud market is maturing, so are how different clouds are used for different workloads, quoted by” Kirkwood. “Sophisticated buyers know the distinct potential of each cloud and are levering best-of-lineup consumption in a manifold of clouds.”
Whereas a few years back the default response to the public cloud was to go all-in with Microsoft, AWS, and Google Cloud have become more worth-competitive, frequently dropping their rates below AWS to secure a new patron, he further added.
The two in the league also have upgraded many of their services, making their contributions easier to use.
Google and Microsoft are also profoundly leveraging the marketing and channels to better position themselves with new customers, which is not a surprise. As its major part of the history and DNA of these companies.
Microsoft and Google are continually funding initiatives and programs for their channel partners.
As a partner of each, it’s clear that Google and Microsoft are more willing to spend programmatically and financially in their channel associates to ensure joint achievement in this exceedingly competitive market.
Earnings are in for the three big’ cloud providers and do you know what exactly depicts – it’s time for an Azure vs. AWS vs Google Cloud market share evaluation.
Let’s glance at all three providers side-by-side to see where they stand. AWS vs. Azure vs. Google Cloud Earnings and what each cloud provider’s reports shared.
Amazon revealed Amazon Web Services generated of $7.7 billion, in comparison to $5.44 billion in the former year of time.
AWS revenue expanded 41% in the first quarter – while at this time last year, a mid-quarter that number was 49%.
Across the trade, Amazon’s growth rates are slowing downward – which perhaps can be expected at their massive size.
On the same note, their profit margins are boosting, rendering investors a boon of $7.09 earnings per share if compared to the projected $4.72.
AWS has been a vast contributor to this growth. As, AWS revenue this quarter makes up 13% of total Amazon sales, up from 10% in the fourth quarter.
AWS only persistently to bolster and grow the retail giant over and over again.
While Amazon breaks out revenue from AWS independently, Microsoft has a more indefinable “commercial cloud business” – which includes not only Azure but, Dynamics 365, Office 365 and other segments of the Business Processes Division and productivity.
Microsoft reported that the commercial cloud business increased 41% in the first three months of 2019, to $9.6 billion.
Highlighted are a few headlines on Microsoft’s reporting that captivated our attention:
- GeekWire: cloud services continue to drive Microsoft forward– Though Azure revenue remains a mystery
- Is Microsoft on the path to be a Better Cloud Stock Than Amazon?– The Motley Fool
- Microsoft keeps hidden Azure revenue numbers, but why?– Tech Republic.
Like Microsoft, Google avoided reporting specific profit numbers for its cloud business yet one more time. So the Parent company Alphabet reported $36.34 billion in revenue for the quarter, up 17% from $31.15 billion for the comparable quarter last year.
Google includes Google Cloud Platform revenue within its “other” revenue category, which encompasses Google Play, G Suite, and hardware like Nest. It reported a quarter boost of $5.45 billion, marking a 25% increase from the previous year’s $4.25 billion.
Certainly, Google Cloud Platform remains a strong growth entity within Alphabet, supported by robust customer traction in computing and data analytics products.
On the contrary without specifics, it’s hard to say what this precisely means. Azure vs. AWS vs. Google Cloud Market Share – And the winner is: Ultimately, it seems that in the AWS still has the lead.
As a result, the AWS services are by far the most rolled and most functionality-rich.
The report indicates AWS ahead at 47% market share this year, while Google and Azure follow with 8% and 22% shares, respectively.
So far, AWS remains far in the lead for now. However, it’s intriguing to observe the actual numbers unfold, especially with Google’s multi-cloud approach and Azure’s rapid growth.
In conclusion, this statistical insight offers a clear view of top-tier tech providers maintaining their positions and striving for revenue growth through innovation.