27 January, 2018
Amazon To Become #1 In Cloud-Computing Revenue By Beating IBM’s $17 Billion
(Note: After an award-winning career in the media business covering the tech industry, Bob Evans was VP of Strategic Communications at SAP in 2011, and Chief Communications Officer at Oracle from 2012 to 2016. He now runs his own firm, Evans Strategic Communications LLC.)
CLOUD WARS — Exactly six months ago, the tech industry was stunned to learn that IBM was beating Amazon in cloud revenue for the trailing 12 months, $15.1 billion to $14.5 billion.
And just last week, IBM posted robust cloud-revenue growth for calendar 2017 of $17 billion, up 24%, with even stronger cloud growth in the fourth quarter with $5.5 billion in cloud revenue, up 30%.