Microsoft and Amazon to report financial results amid fight for huge military cloud computing contract
WASHINGTON – It may sound like a movie, but “JEDI” could be a hot earnings call topic for both Microsoft (MSFT) and Amazon (AMZN) this quarter. JEDI stands for Joint Enterprise Defense Infrastructure, a $10 billion military contract both companies are competing for. Seeking Alpha reports. Continue reading original article
The Military & Aerospace Electronics take:
30 July 2019 -- The contract is expected to be rewarded in late August, and is meant to bring the military into the modern era of cloud computing.
Microsoft hopes to see the government choose its Azure cloud computing service, while Amazon is trying to get the bid directed to its Amazon Web Services.
Cloud computing provides a way for businesses to access servers, storage, databases and application services over the Internet. A company like Amazon or Microsoft owns and maintains the network-connected hardware required for these services, while their business customers can use what they need through the web without having to build or buy expensive hardware platforms.
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John Keller, chief editor
Military & Aerospace Electronics