Morgan Stanley predicts Microsoft cloud products will be 30% of revenue by 2018. In 2015, Amazon Web Services (AWS) generated $7.88B in revenue with Q4 2015, up 69% over last year. Worldwide spending on public cloud services will grow at a 19.4% compound annual growth rate (CAGR) from nearly $70B in 2015 to more than $141B in 2019.
Morgan Stanley predicts Microsoft cloud products will be 30% of revenue by 2018. In 2015, Amazon Web Services (AWS) generated $7.88B in revenue with Q4 2015, up 69% over last year. Worldwide spending on public cloud services will grow at a 19.4% compound annual growth rate (CAGR) from nearly $70B in 2015 to more than $141B in 2019.
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