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Scott Rasmussen's Number of the Day for October 17, 2017
The Number of the Day columns published on Ballotpedia reflect the views of the author.
October 17, 2017: The cloud computing market generates $28 billion annually, and 40% of that revenue goes to Amazon Web Services (AWS). The next three largest providers—Microsoft, Google, and IBM—account for a combined total of 23%. The next 10 providers account for 18% of the market, leaving 18% for everybody else.[1]
Given this dominance, it’s not surprising that Amazon may have surpassed Google as the most feared corporate competitor. Amazon has been mentioned in 2,090 corporate conference calls with investors this year compared to 1,503 for Google. In 2016, the two companies were essentially even. Prior to last year, Google had led Amazon for over a decade.[2]
Some in the political world are unhappy with tech giants like Amazon and Google and want to see them more tightly regulated. But the brands of large technology companies remain extraordinarily popular with the general public.[3] Interestingly, the last time the tech companies suffered in the court of public opinion came when it was disclosed that they had cooperated with the government by providing private information to the National Security Agency (NSA).[4]
In the fourth quarter of 2016, Amazon Web Services accounted for 70% of the parent firm’s overall profit. Amazon was founded in 1994, but the Web Services were not created until 2006. AWS was “launched with little fanfare as a side business for Amazon.com.” TechCrunch adds that “today, it’s a highly successful company in its own right.”[5]
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- October 16, 2017 – 15 state legislative chambers could see change in partisan control
- October 13, 2017 – 51 percent of Americans say government should not favor any set of values
- October 12, 2017 – 32 percent decline in regulatory rules in Trump’s first nine months
- October 11, 2017 – 48 percent of Americans say right to own guns is essential to freedom
- October 10, 2017 – 1.5 million workers temporarily displaced from jobs by hurricanes
- To see other recent numbers, check out the archive.
Scott Rasmussen’s Number of the Day is published by Ballotpedia weekdays at 8:00 a.m. Eastern. Click here to check out the latest update.
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Columns published on Ballotpedia reflect the views of the author.
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See also
Footnotes
- ↑ Statista, "Amazon Leads the Race to the Cloud," February 8, 2017
- ↑ Recode, "Amazon has replaced Google as the company that freaks out corporate America the most," October 11, 2017
- ↑ Wired, "What Tech Backlash? Google, Facebook Still Rank High in Polls," October 12, 2017
- ↑ YouGov BrandIndex, "30 days of change: Yahoo revamped," November 9, 2013
- ↑ TechCrunch, "How AWS came to be," July 2, 2016
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