Amazon Web Service is Unstoppable

Amazon Web Services, or AWS, is seen as a front-runner in a competition with Alphabet (GOOG, GOOGL) and Microsoft (MSFT) for an exclusive 10-year multibillion-dollar contract that would modernize the U.S. Department of Defense’s information technology system. 

Cloud Computing allows company's operations more cost-efficient while offering comparable, if not better, performance in some instances. AWS’s cloud-based nature also allows a company to rapidly grow or scale back its services as it sees fit.

AWS reports a $20 billion revenue run rate, announced more than 1,400 services and features in 2017, with over 1 million customers, including McDonald’s (MCD), Netflix (NFLX), Spotify (SPOT), and UnderArmour (UAA).

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