Zooms choice of Oracle cloud looks smart after Microsoft and Googles aggressive moves in video
Summary
But a day later, the pick made a lot more sense, after Google and Microsoft showed signs of moving more aggressively into Zooms sweet spot. Google, which is third in public cloud infrastructure market share in the U.S., behind Amazon and Microsoft, said on Wednesday that its giving away its Meet video chat product for free starting in May. The spike in usage helped lift Microsofts revenue in the quarter by 15%, despite a slowdown in licenses from smaller businesses and lower ad spend on LinkedIn. The top video chat providers are all seeing a surge in demand with so many people working from home and uncertain about when theyll leave because of the Covid-19 crisis. Zoom would rather not fund its rivals cloud businesses, which have been growing rapidly as large enterprises move away from traditional data centers.
