Microsoft Corporation Becomes the Second-Largest Cloud Services Provider (MSFT)

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Microsoft has now officially become the second largest cloud service provider after Amazon. Microsoft’s cloud grew at a blistering pace in the first-quarter of 2014, and helped the company beat the chasing pack of IBM, Google and Salesforce for the second slot. At these growth rates, Microsoft can potentially become as big as AWS in 6-7 years. Meanwhile, IBM’s strong cloud growth will help it offset declines in its overall business in as little as three years. – Joseph Gacinga – Tech and Telecom

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