Google Alphabet Archives - DevOps Online North America https://devopsnews.online/tag/google-alphabet/ by 31 Media Ltd. Fri, 15 Dec 2017 09:51:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Amazon leads cloud market share with US$15.9billion https://devopsnews.online/amazon-leads-cloud-market-share-us15-9billion/ Thu, 14 Dec 2017 13:22:15 +0000 http://www.devopsonline.co.uk/?p=11225 According to an analyst from Goldman Sachs, Amazon, Microsoft, Alphabet Google and Alibaba make up 65% of the cloud market share

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According to Heather Bellini, an analyst from Goldman Sachs, Amazon’s Web Services, Microsoft’s Azure, Alphabet’s Google Cloud platforms and Alibaba make up 65% of the cloud market share.

Amazon leads the cloud with US$15.9billion, while Microsoft has brought in US$5billion, Google US$1.9billion and Alibaba US$1.4billion, according to Business Insider.

Bellini wrote in a note to clients: “We believe that share will continue to consolidate around the largest platforms into an oligopolistic market structure.”

She also noted Amazon is trading stock at US$1,169.27 per share and was up 54.97% this year.

Written by Leah Alger

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