Amazon lost the JEDI contract, but experts say it remains cloud leader - Business Insider

Which makes it all the more noteworthy for Amazon. While it doesn't change the fact that Amazon still leads the market in terms of share, losing this deal is an unmistakable sign that"It's a black eye for Bezos and Amazon," Ives told Business Insider. "It's their first major setback for cloud in the last decade...Right now for them, it's a bit of a wake up call in how aggressive Microsoft has become in going after the cloud opportunity for the next five years.

Amazon has yet to say whether it plans to challenge the decision. A source familiar with the matter saidThe Pentagon may have selected Microsoft for JEDI, but experts say it's only the beginning of a new phase of the competition with Amazon Web Services. But with or without JEDI, analysts say that Amazon remains the leader in the cloud industry and will continue to stay successful in the government sector. What's more, there will still be plenty of opportunities to help the government move to the cloud in the next decade, and Amazon's offering there is as strong as ever.

Indeed, Amazon's clearances put it in a prime position if Microsoft for some reason cannot fulfill the contract's requirements, says Renee Murphy, principal analyst at Forrester. The minimum guarantee of the JEDI deal is that the DoD will pay $1 million to Microsoft over 2 years. The Department of Defense has the option to renew the contract three times and has said it will "rigorously review contract performance" before doing so. Should Microsoft be unable to step up, that leaves the door open for Amazon. As hinted at in Amazon's statement, politics, lawsuits, and President Donald Trump himself cast a long shadow over the JEDI deal.

krishworlds How can $AMZN better than $MSFT

Why should we believe that contract process was handled appropriately under Trump?

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft won JEDI because of its cloud, not Trump's fight with Amazon - Business InsiderTrump's scrutiny of Amazon's bid for a $10 billion federal cloud contract turned heads, but Microsoft the contest won on its own merits, experts say. The Voice within “Jessica “ is a beautiful name.... Excellent journomolizing... “reportedly” ...sadly, we will never really know if Microsoft truly won this contract on merit. What a climate of general distrust trumpy has managed to create !!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft's JEDI cloud win puts it in the same league as Amazon - Business InsiderMicrosoft's $10 billion Pentagon cloud contract win is a clear sign it's in the same league as Amazon Web Services, but experts say the fight isn't finished yet
Source: BusinessInsider - 🏆 729. / 51 Read more »

Oracle also won when Microsoft beat Amazon in the JEDI contract - Business InsiderOracle failed to derail the Pentagon’s $10 billion JEDI contract, but it still ended up a winner in Microsoft’s upset victory over Amazon
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon unveils free grocery delivery, but only some Prime members will get it - Business InsiderAmazon announced Tuesday that it is removing the $14.99 monthly fee on its Amazon Fresh grocery delivery service. It looks like Amazon is planning to another Uber for offline retailers
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon hopes $1.5 mil elects pro-business Seattle leadersBrian Sweeney has a long list of complaints about Amazon, from the way it treats warehouse workers to the low taxes it pays and its effort to win concessions from cities to bring in jobs. While that doesn&39;t compare to Amazon&39;s unprecedented spending Oct. 14, about 1,900 others also have donated
Source: YahooNews - 🏆 380. / 59 Read more »