Amazon-Accenture Tieup Threatens IBM, HP in Tech Services

  • Venture will help Amazon land new and larger contracts
  • Services could one day be bigger than Amazon e-commerce unit
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Amazon.com Inc. and consulting giant Accenture Plc are teaming up to provide cloud-based technology services to businesses, catapulting the Web retailer further into territory long dominated by companies such as HP and IBM.

The new venture, announced Wednesday at an Amazon event in Las Vegas, will be staffed by Amazon and Accenture employees, who’ll design new services and help corporations shift technology operations to the cloud.