By 2020, cloud leader Amazon will still win twice the combined cloud revenue of its two biggest rivals, according to a recent Citi Research report.
And for today, all of the major cloud vendors are seeing accelerating revenue.
Amazon’s AWS grew 49% in the first quarter of 2018, while Google and Microsoft grew their cloud business at close to 100%, although at smaller volumes. A near-50% quarterly growth rate for Amazon means that the Seattle retail giant added just about as much revenue as Microsoft made: $1.8B.
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