Amazon.com, Inc. (NASDAQ:AMZN) is practically controlling the Cloud through its Amazon Web Services, which contributed to the company’s revenues some $3.7 billion for the last year. Microsoft Corporation (NASDAQ:MSFT) tries to step on its tail with its own platform, which is a collection of integrated services called Azure. Bloomberg presented in an interview why this niche in the tech sector is critically important for small companies to operate efficiently due to the provision and maintenance of software.
“So, another huge change in the last 5 years has been how applications delivered through the Cloud can be designed directly for small business owners […] if you go to the Web now, you’d find nearly 6,000 applications specifically designed for small businesses to pick off the key headaches that they’d face […] bookkeeping, HR, website creation, e-mail, or data protection,” said BCSG Managing Director John Davis.
Microsoft Corporation (NASDAQ:MSFT) is clearly for the big money making firms as its $371.64 billion power in software should offer and this is probably why it has been growing extremely fast in the last couple of years. On the other side, Amazon.com, Inc. (NASDAQ:AMZN)’s core activity has been closer to small to big sized merchants and retailers, which is why it bloomed so much and continues to expand. Judging by UK’s statistics, there will be a wrecking battle between the two tech colossi.
“I think the tech sector can really drive the UK GDP forward, but I’d also say 50% of GDP in the UK is driven by small businesses and we see a real opportunity around helping those small businesses to be more successful,” told John Davis.
Mr. Davis also informed that 10% of UK’s GDP is granted by the tech and that’s why Microsoft Corporation (NASDAQ:MSFT) has been so eager to get its grip on the Cloud. However, Amazon.com, Inc. (NASDAQ:AMZN)’s lead could be maintained through the company’s aggressive strategy oriented towards expansion. So, it’s very difficult to guess the winner and it looks like the battle hasn’t even started yet, as the two tech heavyweights are just warming up before the actual fight.
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