Analysts highlight continued cloud growth from new customer acquisition and existing customer expansion as key driver of performance
BOSTON–(BUSINESS WIRE)–Nucleus Research, a global provider of ROI-focused technology research and advisory services, today released its Q1 2021 Equity Snapshot for Amazon. The snapshot provides an analysis of Amazon’s market growth and performance over the last quarter and a competitive outlook for the months ahead.
“Amazon continues to occupy a ‘best of both worlds’ position as it dominates two of the most growth-heavy markets since the start of the pandemic: ecommerce and cloud computing,” says Ian Campbell, CEO of Nucleus Research and author of the Equity Snapshot. “With so many businesses permanently changing to become more cloud-native and enabled for business over the internet, Amazon is well-positioned to continue meeting the increasingly inelastic customer needs for cloud hosting, services, and its ecommerce platform.”
To read the full snapshot, go to: https://nucleusresearch.com/research/single/equity-snapshot-amazon-q1/
About Nucleus Research
Nucleus Research is a global provider of investigative, case-based technology research and advisory services. The company’s ROI-focused research approach provides unique insight into the actual results technology solutions deliver, allowing organizations to cut through marketing hype to understand real operational value and select or renew the best technology solution for their environment. For more information, visit NucleusResearch.com.