After experiencing a year-on-year growth rate drop to 49%, Amazon was unable to grow its sequential cloud revenues, shedding light on Google‘s inability to keep up with its larger rivals.
Synergy’s research pinpoints a trajectory for quarterly cloud infrastructure service revenues at $3.7 billion, with Microsoft and IBM gaining market shares exceeding $13 billion, pushing Amazon and Google to the wayside.
John Dinsdale, a Chief Analyst and Research Director at Synergy Research Group comments.
“It has become clear that [Amazon] finally has some tough competition to face. Until this quarter it could claim that it was bigger than its four nearest competitors, but now at least one jewel has fallen from its crown,” Dinsdale said.
Total Amazon revenues are now in excess of $1 billion per quarter, according to Synergy research, with nearly all of that coming from cloud infrastructure services.
Dinsdale adds to IBM and Microsoft’s pulling rank.
“While it remains a formidable leader of the market Microsoft is making some huge strides in IaaS and PaaS while IBM now has clear leadership in the private & hybrid infrastructure services segment.”
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