AWS, managed cloud, edge, IPO
The cloud sector was particularly busy as earnings season kicked off with Amazon fittingly first up.
Amazon is now on a $30b annual revenue run rate. The last quarter was a bit slower on its standards, but what was more interesting was the shifting in its trajectory that reflects changing patterns within the business. These new patterns stem in large part from the increasing size of customers. This past week, information came out about just how much Apple is spending on AWS. Meanwhile, Amazon continues to expand its footprint, with itsnewest region being in Hong Kong.
The managed third party cloud side was busy in the past week. Claranet and Rackspace disclosed new customers and some of the bigger IT outsourcers continue to build out teams in pursuit of the opportunity. Rackspace also had a change at the top with a new CEO coming on board.
Elsewhere in the sector, the edge market continues to evolve. Packet rolled out servers equipped with new technology from Ampere, which recently added a new investor andraised funding. The momentum behind edge is trending positively enough that it is perhaps shining a new light on somewhat overlooked areas such as the CDN space. In somewhat of a surprise, Fastly this past week filed its S-1 for an IPO.
On the data centre side, we got a closer look at what Colt DCS is doing in many of its global markets and Equinix acquired a data centre in Amsterdam.
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