If you missed out on the run up in Microsoft and Amazon, this cloud business could take off

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The boom in spending on cloud has been a major boost to shares of Amazon and Microsoft in recent years, but JPMorgan said in a new note that another tech giant is joining the party. 

The bank surveyed executives at more than 100 companies, controlling $88 billion in information technology spending, and found that Amazon Web Services is set to lose ground in one segment over the next three years.