Billion Dollar Baby
As the IT market continues to boom globally Amazon and Microsoft have a huge head start over other tech companies. Both companies lead in the field of cloud computing. Microsoft and Amazon are the biggest go to venders for the top 30 services and products. ETR, one of the widely acclaimed market research firms, came forward with statistics to prove the two companies dominance over the industry. Services that fall into the IT requirement are artificial intelligent, data analytics, and robotic process automation. ETR has been gathering data since the beginning of March. More than eight hundred chief information officers said that the two companies spend the most capital on IT. They are both generating around $50 billion every year in merge-revenue, but according to the ETR report that is going to double by the beginning of 2021.