Microsoft reveals Azure cloud revenue of $33.2 billion
Microsoft has disclosed Azure's quarterly revenue in dollars for the first time, a figure it had never shared before. At $33.2 billion, it shows how close Azure is getting to AWS, the biggest competitor in the market, and how fast the race is moving.
Quick glossaryMicrosoft, Azure, AWS
- Microsoft
- A US tech giant best known for Windows, Office software and its Azure cloud business.
- Azure
- Microsoft's cloud platform, where businesses rent computing power, storage and software over the internet instead of running their own servers.
- AWS
- Amazon Web Services, Amazon's cloud computing arm and Azure's main rival in the market.
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