Cloud boom helps big tech bottom line
 

Amazon, Microsoft, Google and Intel cash in

Amazon, Microsoft, Google, and Intel are making a killing from the Cloud.

All four companies posted stellar quarterly earnings on Thursday, showing the strength of the shift in corporate computing away from company-owned data centres and to the cloud.

Microsoft’s Azure business nearly doubled, with year-over-year growth of 90 percent. The company does not break out revenue figures for Azure, but research firm Canalys estimates it generated $2 billion for Microsoft.

http://fudzilla.com/news/44823-cloud...ch-bottom-line