Amazon vs IBM: Big Blue meets match in battle for the cloud
San francisco: The tech industry maxim that “no one ever got fired for buying IBM” is a testament to how Big Blue has been the gold standard in computing services for decades. Public cloud computing, which AWS pioneered in 2006, lets companies rent computing power, storage and other services from data centres shared with other customers - typically cheaper and more flexible than maintaining their own.sixthMAds Amazon has begun to build a portfolio of significant clients, including Samsung, Pfizer, the Public Broadcasting Service and National Aeronautics and Space Administration, the US space agency. “AWS is having a really meaningful impact on IT and the big incumbent companies like IBM are reacting to that now,” said Colby Synesael, an analyst at Cowen & Co, who covers Rackspace Hosting, one of Amazon’s main rivals in the cloud. The tussle with IBM over the CIA contract has helped burnish Amazon’s credentials, increasing Wall Street’s confidence in the ability of AWS to compete with the big boys of enterprise IT. “I don’t think anyone thinks IBM has a better cloud service.” IBM spokesman Clint Roswell said there were “inaccuracies” in the government’s assessment of its CIA proposal.
CNN Business Exclusive: 109 year-old IBM is planning to take on Amazon. Here’s how
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