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April 8, 2016 08:00 am

Jeff Bezos: AWS Will Break $10 Billion This Year

v3rgEz writes: Jeff Bezos is bullish on the cloud, pegging AWS' sales for this year at $10 billion in a recent letter to shareholders. But he said there was a surprising source of that success: The company's willingness to fail. That said, with AWS now spanning 70 different services, Amazon can afford to fail some as long as few, like EC2 and S3, keep winning. Bezos wrote: "One area where I think we are especially distinctive is failure. I believe we are the best place in the world to fail (we have plenty of practice!), and failure and invention are inseparable twins. To invent you have to experiment, and if you know in advance that it's going to work, it's not an experiment. Most large organizations embrace the idea of invention, but are not willing to suffer the string of failed experiments necessary to get there."

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/5hBQgcHW-k8/jeff-bezos-aws-will-break-10-billion-this-year

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