Amazon.com Inc. and Microsoft Corp. appear to be tightening their grip on the enterprise information-technology market, thanks to a head start in cloud computing and ongoing industry consolidation, according to market-research firm ETR. Thomas DelVecchio, founder and chief executive officer of ETR parent company Aptiviti Inc., said the results show how both Amazon and Microsoft benefited from getting a head start in the cloud market. Amazon and Microsoft are currently the two largest providers of public cloud services, generating nearly $50 billion a year in combined revenue, an amount that is expected to double by the end of 2020. “But it’s not just that AWS and Azure got to cloud faster,” Mr. DelVecchio said, referring to Amazon’s and Microsoft’s cloud units, respectively. Microsoft, the fifth biggest spender, invested $9.2 billion in corporate IT last year, IDC said.

Source: Wall Street Journal March 18, 2019 22:41 UTC