Stock Market News

Microsoft Speaks to Google, Oracle to Help Push for MultiCloud Approach

2022.07.28 02:06

Microsoft Speaks to Google, Oracle to Help Push for MultiCloud Approach
Microsoft (MSFT) Speaks to Google, Oracle to Help Push for MultiCloud Approach

By Sam Boughedda

The Wall Street Journal reported Wednesday that Microsoft (NASDAQ:MSFT) is encouraging other well-known cloud computing providers, including Oracle (NYSE:ORCL) and Alphabet’s (NASDAQ:GOOGL) Google, to push the U.S. Government to spread its spending on services more widely.

The move is seen as an attempt to scale back Amazon’s (NASDAQ:AMZN) dominance in such contracts. According to WSJ sources, Microsoft has reportedly spoken to other cloud companies to jointly lobby Washington to encourage significant government projects to employ more than one cloud service.

In addition, the report stated Microsoft also spoke to VMware (NYSE:VMW), Dell Technologies (NYSE:DELL), IBM (NYSE:IBM), and Hewlett Packard Enterprise (NYSE:HPE).

According to Gartner’s research, the WSJ said that Amazon’s cloud had a 47% share of the 2021 U.S. and Canada public-sector market orders, with the National Security Agency picking Amazon as the sole vendor for a cloud contract worth up to $10 billion in 2021.

Amazon responded to the lobbying campaign by stating, “Public-sector customers should have the freedom and flexibility to determine how to obtain secure, reliable and cost-effective cloud services.”

On the other hand, Microsoft calls for a multi-cloud approach, meaning the use of cloud infrastructure from more than one company.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 63,264.95 0.03%
ethereum
Ethereum (ETH) $ 2,622.46 1.79%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 606.77 0.40%
solana
Solana (SOL) $ 146.31 2.06%
usd-coin
USDC (USDC) $ 1.00 0.04%
xrp
XRP (XRP) $ 0.586044 0.05%
staked-ether
Lido Staked Ether (STETH) $ 2,622.53 1.73%
dogecoin
Dogecoin (DOGE) $ 0.107502 1.05%
the-open-network
Toncoin (TON) $ 5.51 2.79%
cardano
Cardano (ADA) $ 0.378002 6.32%
tron
TRON (TRX) $ 0.151592 0.61%
avalanche-2
Avalanche (AVAX) $ 27.24 0.31%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,087.91 2.32%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 63,127.91 0.06%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 0.71%
weth
WETH (WETH) $ 2,620.99 2.00%
chainlink
Chainlink (LINK) $ 11.53 0.97%
bitcoin-cash
Bitcoin Cash (BCH) $ 342.48 1.09%
polkadot
Polkadot (DOT) $ 4.53 3.18%
near
NEAR Protocol (NEAR) $ 5.22 1.95%
dai
Dai (DAI) $ 0.999993 0.03%
leo-token
LEO Token (LEO) $ 5.74 0.54%
uniswap
Uniswap (UNI) $ 6.88 0.19%
litecoin
Litecoin (LTC) $ 66.02 2.53%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,744.60 2.08%
sui
Sui (SUI) $ 1.62 5.04%
internet-computer
Internet Computer (ICP) $ 9.05 6.26%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.69 1.98%
bittensor
Bittensor (TAO) $ 546.21 1.29%
kaspa
Kaspa (KAS) $ 0.162051 1.47%
aptos
Aptos (APT) $ 7.94 0.98%
pepe
Pepe (PEPE) $ 0.000008 3.39%
monero
Monero (XMR) $ 169.01 2.61%
first-digital-usd
First Digital USD (FDUSD) $ 0.999272 0.04%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.401896 0.83%
blockstack
Stacks (STX) $ 1.92 5.50%
immutable-x
Immutable (IMX) $ 1.76 2.28%
stellar
Stellar (XLM) $ 0.095391 0.70%
ethereum-classic
Ethereum Classic (ETC) $ 18.97 1.29%
ethena-usde
Ethena USDe (USDE) $ 0.999581 0.05%
aave
Aave (AAVE) $ 165.20 5.67%
okb
OKB (OKB) $ 39.76 0.80%
render-token
Render (RENDER) $ 6.09 2.00%
crypto-com-chain
Cronos (CRO) $ 0.084215 1.94%
filecoin
Filecoin (FIL) $ 3.76 0.41%
arbitrum
Arbitrum (ARB) $ 0.591895 1.72%
injective-protocol
Injective (INJ) $ 21.84 1.11%
hedera-hashgraph
Hedera (HBAR) $ 0.056321 0.15%
mantle
Mantle (MNT) $ 0.623541 1.47%