
26
Feb 2019Amazon Vs. Alibaba: Changes In Cloud Market Can Throw A Big Surprise
Amazon’s AWS is growing at close to 50% with trailing 12-month revenue crossing $25 billion. AWS also reported improvement in operating margin to 29.3% from 26.5% in the year ago quarter. Alibaba cloud is becoming one of the strongest competitors to AWS with a growth rate of close to 100% in the last few quarters. However, the latest trade rhetoric and Huawei fiasco should improve...
Read More