Microsoft, Azure and revenue in dollars
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As more companies shift their operations to the cloud, choosing the right provider has become a major decision that affects everything from scalability to performance to long-term costs. Amazon Web Services (AWS) and Microsoft Azure are two of the most ...
Amazon remains the top cloud by revenue, but growth has also sped up at rivals Alphabet and Microsoft. On Wednesday Alphabet said the Google Cloud business, which contains infrastructure and Google Workspace subscriptions, more than doubled in the third quarter.
Amazon Web Services revenue grew 19% to $27.5 billion in the third quarter, the same rate as the previous quarter, Amazon said Thursday. Meanwhile, the cloud computing unit’s operating margins ticked up to 38.
The EU plans to designate AWS and Microsoft Azure as gatekeepers under the Digital Markets Act in November, Bloomberg reports. The decision is in draft.
