Amazon’s AWS and Microsoft’s Azure are the big boys of the cloud computing world, even though AWS is much bigger than Azure. How much bigger? Well, AWS’s server capacity is about 6 times larger than the next 12 competitors combined.
The cloud-hosting industry operates on razor-thin margins, making the bulk of its profits from volume. It is thus imperative to capture as much market share as possible. One of the main ways the tech giants (Amazon, Microsoft, Google) achieve this is by regular price cuts of their offerings, especially the all-important compute-storage combo.
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