Amazon (AMZN) Web Services Surpasses Rackspace Hosting (RAX) as Largest Cloud Offering

September 19, 2012

In a recent Data Hosting Centers and Data Storage Report interview, Jonathan Atkin, an award-winning equity analyst at RBC Capital Markets (RY), describes the changing landscape for data hosting and cloud computing.

Atkin says Amazon Web Services, the cloud division of the online retailer (AMZN), has surpassed Rackspace Hosting (RAX) as the largest cloud offering and is now multiple times RAX‘s scale. Other online bellwethers like Microsoft Corporation (MSFT) and Google (GOOG) are now also in the cloud computing business.