Is Amazon Losing Its Edge in Cloud Computing?
The advent of cloud computing was a pivotal moment in technology. Giving companies the ability to create apps, rent computing power, and lease and access software -- all with nothing more than an internet connection -- was a game changer and helped kick off the digital transformation.
One of the pioneers of cloud infrastructure services was Amazon (NASDAQ: AMZN). When the company formally launched Amazon Web Services (AWS) in 2006, it set off a race among the world's biggest technology titans to offer cloud computing services.
Amazon has always been -- and continues to be -- the undisputed leader in the space, but its recent results have investors wondering whether the tide may be turning, putting the company's biggest moneymaker at risk.
Source Fool.com
