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Amazon, Microsoft Clouds Rocketing Higher

February 4, 2019

Latest quarterly results for cloud market leaders show cloud services are, will remain, growth catalysts

The big cloud companies keep getting bigger, particularly the market leaders. Amazon Web Services, the world’s top cloud provider, said it grew 45 percent in the last quarter of 2018. In the same period, Microsoft Azure, the No. 2 cloud provider, posted 79 percent growth.