Alphabet, Amazon, and Microsoft see Q2 growth driven by cloud
Alphabet, Amazon, and Microsoft’s cloud computing branches have been the major driver of revenue growth in Q2 2017 for each company respectively.
Alphabet’s revenue grew 20% year-over-year to reach $26 billion in the quarter—$3.1 billion came from its cloud business. Amazon’s revenue reached $38 billion, with $4.1 billion (11%), coming from AWS. Finally, Microsoft reported revenue of $23.3 billion, with $7.4 billion coming from its Intelligent Cloud segment.
Regardless of the figures, AWS is still the dominant cloud computing provider with 34% of global public cloud services, according to Synergy Research Group. Microsoft ranks second in the cloud computing market, accounting for 11% of the global market for public cloud services in Q2. Alphabet’s share of the market comes in at 5%.
As a provider-agnostic consultancy, it’s great to see that each of the big-three are doing so well.
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