Report: Amazon’s Cloud Services Revenues Are Nearly Ten Times The Size Of Microsoft Azure

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In a report released by Deutsche Bank, Amazon web services revenues are approximately estimated as $6B, nearly ten times the size of Microsoft Azure today. Both Microsoft and Amazon have never released any solid numbers on revenue from their cloud services. Deutsche Bank estimates that Azure revenues for the current fiscal year are estimated to be between $500M and $700M and represents approximately 1 to 2% of total Microsoft revenues.

Microsoft Azure is experiencing accelerating adoption today with Deutsche Bank saying that “Azure growth will be substantial in 2015”. The researchers learned that Microsoft has recently closed its first $25M enterprise Azure deal and are tracking above previous adoption estimates.

Amazon has recently decided to provide AWS financials in its 1Q15 earnings report. It will be interesting to know how Azure and other cloud providers stack up against market leader Amazon.

Source: Forbes

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