AWS quarterly revenue continues to rise, but growth slows

The rocketship of cloud growth continued at the end of 2016 for Amazon Web Services. The public cloud provider announced Thursday that it brought in a little more than $ 3.5 billion during the fourth quarter of last year, up 47 percent from the same period in 2015. Quarterly operating income rose 60 percent to $ 926 million, compared to $ 580 million during the prior year quarter. 

That’s nothing to sneeze at, but AWS’s revenue growth was the lowest it has been in the past two years. There are a number of potential explanations for that, including seasonal changes in cloud migrations, and increasing difficulties on Amazon didn’t provide an explanation for that, but it likely has to do with AWS’s growing revenue base overall.

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CIO Cloud Computing

Cloud growth continues to boost Microsoft’s financials

Microsoft’s focus on the cloud continues to pay off. The tech titan showed growth across all its cloud-based businesses during the last quarter ended Dec. 31, including Office, Dynamics and Azure.

Reporting financial results for its fiscal second quarter on Thursday, the company said its Commercial Cloud business is pulling in revenue at the rate of $ 14 billion per year. During the previous quarter, that rate was $ 13 billion.

Azure growth was especially strong. Azure compute usage more than doubled from a year earlier, and revenue from the business grew by 93 percent.

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Network World Cloud Computing

Amazon’s cloud business continues its upward march

Amazon reported another surge in revenue for its cloud business last quarter, though the growth is slowing as the division gets bigger.

Amazon Web Services revenue for the second quarter was $ 2.87 billion, up 58 percent from the same period in 2015, Amazon announced Thursday. Operating profit was $ 863 million, up from $ 391 million a year earlier.

It’s another positive sign for AWS, which is still the leader in public cloud services, even as IBM, Microsoft and Google step up their efforts to complete.

The growth at AWS is slowing, however, which is typical for a company as its business gets bigger. The gain was 64 percent in the first quarter, and 69 percent the quarter before that.

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Computerworld Cloud Computing

Shakeup at Citrix continues: CloudStack products sold off

When Citrix announced in November that it would spin off its popular GoToMeeting and affiliated products into an independent publicly traded company, some questioned if other parts of the company may be destined for change as well.

Today, Citrix announced it has sold its two cloud infrastructure management products: CloudPlatform and CloudPortal Business Manager, both of which are based on open source CloudStack.

Citrix is selling the cloud products to Accelerite, which is owned by Persistent Systems. Accelerite focuses on cloud backup and recovery as a service. Persistent has a broader portfolio of cloud and other IT consulting products and services.

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InfoWorld Cloud Computing