The CIA's acceptance of a contract with Amazon Web Services to provide cloud services has the attention of software companies and IT investors, including IBM, which had provided these services to the government agency in the past, Alistair Barr writes. Big Blue is challenging its loss of the $600 million contract, delaying it for now. "AWS is having a really meaningful impact on IT and the big incumbent companies like IBM are reacting to that now," said Cowen & Co. analyst Colby Synesael.

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