Google Cloud May Have Won The Latest Round Of Its Battle Against Amazon Web Services>
Forbes – Johan Moreno
In a recent interview on Bloomberg Television, the CEO of Amazon Web Services Adam Selipsky indicated that Amazon is planning to offer more sector-specific offerings, with early work commencing on solutions for the telecom, healthcare and automotive industries.

Andy Jassy, previously the CEO of AWS before his promotion, typically avoided requests to tailor services for clients. Selipskyâs comment may mean the company is rethinking its strategy around how it offers its cloud services and it is concerned about losing major cloud deals to an insurgent in the cloud space, Google Cloud. Amazon Web Services appears to be taking a page out of Google Cloudâs playbook.

As a result, Google Cloudâs revenue grew 45% year-over-year in Q3 2021, with $4.99B in sales. By comparison, Amazon Web Services generated $16.11B in sales, a growth of 39% year-over-year. But unlike Google Cloud, AWS made $4.88B in operating income. Google Cloud is still an unprofitable business for the tech giant, with the unit posting an operating loss of $644 million.

Part of Googleâs approach to growth has been to closely collaborate with clients, using Google resources to build out custom software if need be. For instance, The Home Depot and Google Cloud worked closely on cloud apps that allowed the retailer to offer curbside pickup or heavy equipment rentals digitally.
Link: https://www.forbes.com/sites/johanmoreno/2021/11/18/google-cloud-may-have-won-the-latest-round-of-its-battle-against-amazon-web-services/?ss=ai&sh=7575740a5484