𝗔 𝗙𝘂𝗹𝗹 𝗕𝗿𝗲𝗮𝗸𝗱𝗼𝘄𝗻 𝗼𝗳 𝗛𝘆𝗽𝗲𝗿𝘀𝗰𝗮𝗹𝗲𝗿𝘀( 𝗔𝗪𝗦, 𝗠𝗶𝗰𝗿𝗼𝘀𝗼𝗳𝘁 & 𝗚𝗼𝗼𝗴𝗹𝗲) 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗢𝗯𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗼𝗿 𝗤𝟮 𝟮𝟬𝟮𝟰
𝗢𝗯𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝗼𝗻
Regarding cloud computing revenue, Microsoft is a leading provider, followed by AWS and Google Cloud. In Q2 2024, these three cloud providers generated 73.4 billion in revenue.
Microsoft leads with growth in the Azure segment, but intelligent cloud and overall cloud growth rates are comparable to AWS growth. Google Cloud has experienced high growth, but its revenue numbers are low.
AI contribution to cloud growth for Microsoft has increased q-o-q. In Q2 2024, it contributed 8% to overall growth.
Microsoft is able to run its intelligent cloud business most efficiently, followed by AWS and Google Cloud.
𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
The cloud computing market has matured, and AI has emerged as a new growth driver for all tech companies. One big example is integrating AI-powered virtual assistants into cloud companies' product offerings.
All three big cloud service providers(Microsoft, AWS, Google) invest heavily in AI infrastructure and capabilities to meet growing demand and stay competitive by introducing new products and solutions. All three have increased their capital expenditure significantly.
All three major cloud providers((Microsoft, AWS, Google) strive to reduce their reliance on NVIDIA for AI chips and gain an early advantage in the chip market. The three big cloud providers have unveiled their custom chips and plan to release a better version in the coming year.
Microsoft's large tech product portfolio, early investments in AI, and significant relationships with enterprises are helping it stay ahead of its competition.
Reach out to me (𝘀𝗮𝗻𝗱𝗲𝗲𝗽.𝗯@𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆𝘀𝗽𝗮𝗿𝗸𝗮𝗱𝘃𝗶𝘀𝗼𝗿𝘆.𝗰𝗼𝗺) at 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗦𝗽𝗮𝗿𝗸 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 for a thorough analysis of companies and understand your competitions for any technology products or services.
#AWS #microsoft #google #googlecloud #quaterlyresults #cloudcomputing #genai #competition #nividia
8+ Years in Digital Marketing | Top 3% Google Partner | Surfing & Fishing 🎣🏄♂️
5moSounds like an incredible experience at Google Cloud Next! Can't wait to hear more about the innovative tools and insights you gather.