If your view upon the world of technology is reducible to a list of several big names like Apple, Google, Microsoft or Facebook, there are some reports to prove you wrong. For instance, web services by Amazon are irritating tech giants, like the ones which were mentioned above, since Amazon still represents one of the most globally relevant companies in the field of technology.
Amazon has recently revealed reports in connection to the financial performance of the company and both the tech experts and the tech enthusiasts were impressed with the numbers shown by Amazon, even if many of the analysts in the tech area were not surprised. The rivals of the Seattle based company founded by Jeff Bezos were certainly not surprised either, since they run market surveys very often and most of the time can predict the way various products or services will turn out to be successful or disastrous failures. However, tech giants like Microsoft or Google could not be happy about the financial situation provided by the web services offered by Amazon for sure.
Amazon has created a name for itself thanks to the online retailer status that the American company has earned over years of providing such services. Still, an important part of the revenue that Amazon benefits from and has reported are caused by another form of business that the Seattle based tech company has offered for a long time. Amazon has started years ago to rent processing power to various businesses, from the smallest companies which were at the beginning of the road to important enterprises and businesses.
This kind of web services is known as cloud computing and Amazon were one f the first ones to offers such support. They have represented an important part of the process of popularization of cloud computing and for a certain period of time Amazon has firmly dominated the field.
It took some time for Amazon`s rivals to realize the fact that they were not important agents of cloud computing, thus they were not able to compete with Amazon in this field. Tech giants like Microsoft have started to design such an offer of services and many analysts in connection to the matter have estimated that the American company will soon take some important steps toward cloud computing.
Lydia Leong, a tech analyst at Gartner has said that Microsoft has everything it needs to become an important player in the field. Still, she added, Amazon represents the perfect platform for businesses at the beginning of the road.
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