The latest financial reports of the three overseas giants: cloud computing is still a good business
Overall, similar to the domestic market, the cloud computing business of the three major overseas cloud giants was not only not affected during the epidemic, but also received some promotion.
The latest data released by Gartner shows that the global cloud computing market maintained rapid growth in 2020. Taking IaaS as an example, its market size reached US$64.286 billion, a year-on-year increase of 40.7%. The market further concentrated on the leading manufacturers, and the global cloud computing 3A pattern was stable, with Amazon, Microsoft and Alibaba Cloud ranking the top three in the world. Cloud computing is still a good business, helping giants to make money faster.
1
Amazon AWS: Q1 revenue of $13.5 billion,
32% YoY growth
On April 30, Amazon released its first quarter financial report for 2021. The financial report data showed that as of March 31, 2021, Amazon's revenue in Q1 2021 was US$108.518 billion (approximately RMB 702.437 billion), a year-on-year increase of 44%; net profit was US$8.107 billion (approximately RMB 52.477 billion), a year-on-year increase of 219.8%, far exceeding analysts' expectations.
In terms of business revenue, Amazon's top three revenue-generating businesses in the first quarter of 2021 were online stores, third-party seller services, and AWS business, with revenues of US$52.901 billion (approximately RMB 342.428 billion), US$23.709 billion (approximately RMB 153.468 billion), and US$13.503 billion (approximately RMB 87.405 billion), respectively, representing year-on-year growth of 44%, 64%, and 32%, respectively.
Amazon CEO Jeff Bezos said in a statement:
“In just 15 years, AWS has grown into a $54 billion company competing with the world’s largest technology companies, and its growth is accelerating at 32% year-over-year. Major companies such as Airbnb, McDonald’s, and Volkswagen choose AWS because we offer the broadest set of tools and services on the market, and we continue to invent on behalf of our customers.”
2
Microsoft Azure: Intelligent Cloud business revenue was $15.1 billion.
Azure revenue surges 50% year-over-year
On April 28, Microsoft released its third quarter (Q3) financial report for fiscal year 2021, with revenue of US$41.706 billion, a year-on-year increase of 19%, setting a new high since 2018. The three major businesses (productivity and business processes, intelligent cloud, and more personal computing businesses) are moving forward in parallel.
Affected by the epidemic, the demand for cloud computing services has skyrocketed, and Microsoft has also invested heavily in cloud business segments (acquiring Nuance and Bethesda). The revenue of the intelligent cloud business was US$15.1 billion, an increase of 23%. Among them, Azure revenue increased by 50% year-on-year, driving the growth of server products and cloud service revenue by about 26%, gradually narrowing the gap with Amazon AWS.
In terms of market share, Microsoft has continued to rise in the past five years, from 8.7% in 2016 to 19.7% in 2020.
Microsoft CEO Satya Nadella said:
"More than a year into the pandemic, the curve of the digital economy has not slowed down, but accelerated, and this is just the beginning. We are building cloud services for the next decade, expanding our addressable market, and innovating at every layer of technology to help customers become resilient and transform."
Note from Leifeng.com: Microsoft's intelligent cloud business includes public, private and hybrid server products and cloud services, so it is calculated more than AWS's cloud business model which uses IaaS and PaaS revenue as its revenue.
3
Google Cloud: Q1 revenue of $4.047 billion
Year-on-year growth of 48%
On April 28, Google's parent company Alphabet released its first-quarter financial report for fiscal year 2021. The report showed that Google's revenue in the first quarter was US$55.314 billion, a year-on-year increase of 34%, and its net profit was US$17.930 billion, a year-on-year increase of 162%.
In terms of cloud business, Google Cloud's revenue in the first quarter was $4.047 billion, a significant increase year-on-year. The revenue in the same period last year was $2.777 billion, an increase of $1.27 billion, a year-on-year increase of 45.73%; the revenue in the previous quarter was $3.831 billion, an increase of $216 million, a quarter-on-quarter increase of 5.6%.
Google CEO Sundar Pichai said:
"Over the past year, as people forced to stay at home have turned to Google Search and many online services to stay informed, connected and entertained, Google Cloud Services is helping businesses of all sizes accelerate their digital transformation."
Google also stated that it will continue to focus on growing Google Cloud revenue and will continue to invest actively in products and aspects.
This article is originally written by Leifeng.com, author : Wang Gang . Please reply "reprint" to apply for authorization. Reprinting without authorization is prohibited .
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