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Is Amazon Losing Its Edge in Cloud Computing?

TheMotleyFool

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Is Amazon Losing Its Edge in Cloud Computing?: https://g.foolcdn.com/editorial/images/730403/a-person-performing-maintenance-in-a-server-room-while-looking-at-a-laptop.jpg

The advent of cloud computing was a pivotal moment in technology. Giving companies the ability to create apps, rent computing power, and lease and access software -- all with nothing more than an internet connection -- was a game changer and helped kick off the digital transformation.

One of the pioneers of cloud infrastructure services was Amazon (NASDAQ: AMZN). When the company formally launched Amazon Web Services (AWS) in 2006, it set off a race among the world's biggest technology titans to offer cloud computing services.

Amazon has always been -- and continues to be -- the undisputed leader in the space, but its recent results have investors wondering whether the tide may be turning, putting the company's biggest moneymaker at risk.

Source Fool.com

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