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ProsperOps Seeks Spot in the Growing Cloud as Amazon Still Dominates

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Austin—[Updated 1:28 p.m. See below.] Cloud computing is big business, and Amazon Web Services is the biggest. A new Texas startup is carving its own space in this growing sector, but it’s not doing it by competing with Amazon’s AWS head on. The founders of ProsperOps have tied their firm’s growth, at least initially, to AWS.

Seattle-based Amazon (NASDAQ: AMZN) reported $25.65 billion in sales for its AWS unit last year, and owned about 32.3 percent of the market in the fourth quarter of 2018, according to one estimate. That’s more than eight times the $3.1 billion... Read more »


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