The world's major technology companies compete in the cloud computing market, Microsoft machine election to strengthen the transformation

[summary] Amazon's rivals include Microsoft, and the new chief executive, Satiana della Satya Nadella, has made it a priority to raise cloud business revenue. "Microsoft will continue to transform, strengthen our strategic priorities and expand our leading edge in cloud computing," Nadra said in a conference call with the fiscal quarterly earnings analyst.

"Sadie Network News" March 9, according to foreign media reports, the world's major technology companies compete in the cloud computing market, what they intend to do? Close to 300 billion dollars (about 1.846 trillion yuan) in the cloud computing market. But the profitability of the business is grim.

"From this year to 2020, the global cloud computing market will grow at an annual compound rate of 30%, and the market will reach $270 billion trillion (about 1.6614 trillion yuan) by 2020," according to harsh research media, a marketing firm. "Harsh research media reports cover cloud computing products, technologies, and services.

Prices will be a potent weapon for the Giants as they scramble to dominate the cloud. Amazon downgraded its cloud computing services last year, making its services comparable to that of Google.

Jeff Bezos, founder and chief executive of Amazon, said Amazon's cloud computing services could end up Bezos the size of E-commerce. Because Amazon's core business is nearly 100 billion dollars a year (about 615.3 billion yuan), Bezos may think Amazon will get a fairly high market share in the coming years. Amazon's rivals include Microsoft, and the new chief executive, Satiana della Satya Nadella, has raised cloud computing revenue as a priority.

"Microsoft will continue to transform, strengthen our strategic priorities and expand our leading edge in cloud computing," Nadra said in a conference call with the fiscal quarterly earnings analyst. We will take bold steps in our business, especially by publishing Windows 10, to offer our customers new experiences and new opportunities. ”

The beleaguered IBM has also prioritized the development of cloud computing business. IBM recently announced that it will invest 4 billion dollars (about 24.6 billion yuan) this year to drive the development of cloud computing and mobile services, bringing revenue from both businesses to $40 billion trillion (about 246.1 billion yuan) in 2018. According to this data, IBM will occupy a large part of the cloud computing market.

With dozens of tech giants trying to get a slice of the hundreds of millions of-dollar cloud market, startups are also targeting this business, not all companies can reap a 2-digit market share in the 300 billion dollar cloud computing market, and there will surely be some companies that fail, especially if prices are the key to the decision.