Close

2023-09-15

AWS in the Crosshairs: A Tumultuous Cloud Journey Amidst Rising Giants

AWS in the Crosshairs: A Tumultuous Cloud Journey Amidst Rising Giants

In the fiercely competitive cloud market, Amazon Web Services (AWS) seems to be losing momentum, with a significant decline in growth rate from 40% to 16% over the past six quarters. As AWS grapples with this downturn, its rivals Microsoft, Google, and Oracle are showcasing robust growth, with Oracle even accelerating its cloud revenue growth rate to 54%. The article by Bob Evans critically analyzes AWS’s current position, emphasizing that while AWS remains a leader in infrastructure, it lags in the cloud software domain, which is witnessing a surge in demand. The cloud landscape has evolved, and AWS seems stuck with strategies that no longer align with the dynamic market demands. The article predicts a further decline in AWS’s growth rate, hinting at a potential shift in market leadership in the cloud sector.

Read the full article here