The cloud computing market is dominated by several major providers, but Amazon Web Services (AWS) continues to lead the pack.
AWS, Amazon’s cloud subsidiary, holds the largest share, 32%, of the estimated $150 billion cloud market, as of Q1 2021.
With “hundreds of thousands” of customers in over 190 countries, AWS reported $45.37 billion in revenue in 2020.
AWS offers over 200 cloud products. See below to learn about some AWS’ key cloud products and where it stands in the cloud market:
AWS has a network of partners that use AWS to build solutions and services for customers. These partnerships span a number of industries:
Moderna is a biomedical company that develops vaccines that use messenger RNA (mRNA), such as for COVID-19. They use AWS to power high-performance computation, data integration, and analytics as well as the automation of lab and manufacturing processes. AWS also provides cost savings since the powerful computing they provide is less expensive than having this capacity on-premises.
Capital One is a financial services company. They have used the cloud to provide better services to customers. Capital One uses AWS to power development processes, run model training, and for their customer service solutions, such as their contact centers and customer relationship management (CRM). The company also uses the available AWS security solutions to ensure that customer information is kept safe.
Pearson is an education company that provides content to students. The company uses AWS to help them to scale up capacity during high traffic periods as well as create apps, digital books, and Revel, which is an interactive learning environment.
User reviews highlight the comprehensive nature of AWS’ offerings.
Here are AWS’ ratings at several review sites:
For 11 years in a row, AWS has been recognized as a leader in Gartner’s “Magic Quadrant for Cloud Infrastructure and Platform Services (CIPS).”
With an estimated 32% of the $150 billion cloud market, AWS holds a firm lead over other major providers in the market: Microsoft Azure (20%), Google Cloud (20%), Alibaba (6%), and IBM Cloud (5%).
In recent years, however, AWS has seen some erosion of its lead, as it held as estimated 33.8% of the market in Q4 2016, according to Canalys.
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