An Interest In:
Web News this Week
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
Some of Our Sources
- Smashing Magazine
- My Ink Blog
- Web Design Ledger
- Reencoded
- 24 Ways
- Wal You
- Specky Boy
- Web Resource Source
- Android Dissected
- Hashedout
Help Webnuz
Referal links:
November 14, 2013 01:58 am GMT
In a press conference today, Amazon Web Services Senior Vice President Andy Jassy said that CEO and Founder Jeff Bezos believes AWS could be the company’s largest business. Amazon reported $61billionin revenues for the 2012 fiscal year. Thecompanydoes not report revenues for AWS but it is widely believed to be a $5 billion business and growingrapidly. Amazon built its business on e-commerce, and it remains the primary focus for the company. But the demand for cheap computing and storage power continues to scale as app development mushrooms and more people connect through theirsmartphonesand other devices. Bezos has said before that AWS could be as big as its retail business, but saying it could be bigger shows far more confidence in the future of its cloud business. Here’s the full text of what Jassy said at the press conference: Jeff is very excited about the AWS business and hebelieves- like the rest of the leadership team does – that in the fullness of time- it is very possible that AWS could be the biggest business at Amazon. Gartner Research shows AWS as the far and away leader in the public cloud market, declaring that AWS is five times bigger than the other 14 companies combined that are included in the research. The viewpoint is undoubtedly optimistic but consider the IT market. It’s a trillion-dollar business that is moving to the cloud. If AWS gets a fraction of that business, then Bezos’s statement is an easy one to believe.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/E_33vrfZ0X0/
Jeff Bezos Believes AWS Could Be Amazon's Biggest Business
In a press conference today, Amazon Web Services Senior Vice President Andy Jassy said that CEO and Founder Jeff Bezos believes AWS could be the company’s largest business. Amazon reported $61billionin revenues for the 2012 fiscal year. Thecompanydoes not report revenues for AWS but it is widely believed to be a $5 billion business and growingrapidly. Amazon built its business on e-commerce, and it remains the primary focus for the company. But the demand for cheap computing and storage power continues to scale as app development mushrooms and more people connect through theirsmartphonesand other devices. Bezos has said before that AWS could be as big as its retail business, but saying it could be bigger shows far more confidence in the future of its cloud business. Here’s the full text of what Jassy said at the press conference: Jeff is very excited about the AWS business and hebelieves- like the rest of the leadership team does – that in the fullness of time- it is very possible that AWS could be the biggest business at Amazon. Gartner Research shows AWS as the far and away leader in the public cloud market, declaring that AWS is five times bigger than the other 14 companies combined that are included in the research. The viewpoint is undoubtedly optimistic but consider the IT market. It’s a trillion-dollar business that is moving to the cloud. If AWS gets a fraction of that business, then Bezos’s statement is an easy one to believe.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/E_33vrfZ0X0/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch