Amazon's New Cloud Deal with Verizon Signals a Bigger Trend

Just about every week now brings with it at least one announcement from a major enterprise or Internet services firm that it plans to move a ton of workloads previously running on its own servers to Amazon.com (AMZN) , Microsoft (MSFT) or Alphabet/Google's (GOOGL) public cloud platform.

Don't expect the announcements to become less frequent anytime soon. If anything, their pace could accelerate in the coming months as businesses conclude that the benefits of moving workloads to the cloud go well beyond potential cost savings and fewer operational headaches. And Amazon, thanks to its various competitive strengths, is well-positioned to capture a lion share of these announcements compared to its peers....870 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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