Friday, August 15, 2014

Storm Clouds Over Amazon AWS?

Storm Clouds Over Amazon Business - WSJ: " Inc. has been fighting two big rivals in the world of cloud computing. But that battle shows signs of becoming a free-for-all that threatens its profitability goals for the business. Large telecom and small startups have been forging into or expanding services that let companies rent computing cycles rather than operate their own servers and data centers. The broader competition comes amid a continuing price war in the business among Amazon, Google Inc. and Microsoft Corp. Those pressures were underscored... when the online retailer reported a wider loss for its second quarter. Part of the reason: its Amazon Web Services, or AWS, recently cut prices by between 28% and 51% for various services as gains at AWS and similar businesses slowed to 38% from 60% in its first quarter." (read more at link above)

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