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- Amazon.com Inc. began breaking out the earnings of its Amazon Web Services unit last April, reporting more than $7 billion in cloud revenue at the time.
- AFP/Getty Images
Good morning. As businesses continue to move their operations into the cloud, vendors are tweaking their marketing materials to describe more of their services as cloud-based. But is your company really paying for a cloud service, or just locking itself into a lengthy contract for server parts and consulting fees? Earnings statements from vendors dont shed much light, because accounting rules havent kept up, report Angus L…
Read the full article at: http://blogs.wsj.com/cfo/2016/02/02/the-morning-ledger-is-that-really-a-cloud-service-youre-buying/