AWS Adds More AMD-Based Instances to Its Cloud
… $7.7 billion and the run rate now reaching beyond $30 billion.
Those numbers came a day after Microsoft officials said the company’s Azure cloud revenue grew 73% in a global cloud market that itself is expected to grow 17.5% this year, to $214.3 billion, according to Gartner analysts. AWS is the largest player in the space, though Azure at second is making strides as it tries to chip away at its rival market share.
Both are also were named as finalists this month by the Department of Defense for its $10 billion JEDI cloud project after the agency shed IBM Cloud and Oracle Cloud as contenders.
AWS also has made headlines recently after reports of massive contracts with some high-profile customers have come out, including most recently reports that Apple is under contract to pay the cloud provider $360 million a year to support Apple’s iCloud and similar services. Other customers include Lyft and Pinterest, each of which will spend more than $100 million a year on AWS.