Hewlett-Packard is the latest technology giant looking to chip away at Amazon.com’s lead in cloud computing services, with the computer giant expected to unveil a new offering today dubbed the HP Converged Cloud. The New York Times reports that it marks the company’s first real foray into offering public cloud services to large and small companies.
“We’ve got lots of intellectual property, lots of products, and expertise at running things at scale,” Bill Veghte, chief strategy officer and executive vice president of software at HP, tells The New York Times. “There is a new wave of cloud and mobile computing, and big data, and there is a gap between what businesses need and what information technology is delivering.”
Amazon.com was at the forefront of the cloud computing trend, launching its Amazon Web Services unit more than five years ago. It continues to roll out new services and reduce its prices in an effort to woo customers.
The arrival of HP in the market is the latest tech giant looking to muscle in on a business that some believe is just starting to emerge. Other players include IBM and Microsoft’s Azure.
This chart will give you a sense of Amazon’s growth over the years as it relates to it Simple Storage Service.