Tim Green, analyst with the Motley Fool, said Amazon could find it needs to make changes at some point at Amazon Web services. Google Cloud Platform landed deals with the likes of department store retailer Kohl’s and payments processor PayPal. Google Chief Executive Officer Sundar Pichai said Google Cloud Platform is a top-three priority for the company. Some analysts expect cloud services growth to slow over time as competition increases. Additionally, Amazon Web Services saw usage growth outpacing that of revenue growth, said Amazon Chief Financial Officer Brian Olsavsky.

Source: New York Times October 27, 2017 01:52 UTC