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About Ten Years On, Jeff Bezos' Risky Bet' On Amazon Web Services Pays Off Big
1) Amazon launched its first web service, Amazon Web Services (AWS), 10 years ago which provided cloud-based storage, but it was initially seen as a distraction from Amazon's core retail business. 2) AWS has since become very successful, growing revenues by 70% last year and accounting for 7% of Amazon's revenue. It has also become Amazon's main profit engine. 3) AWS has helped transform Amazon from just a retailer to a leading cloud platform provider, and has shaped the technology landscape by enabling startups to quickly build new businesses in the cloud.
Detailed Information
| Author: | ['topimaster'] |
|---|---|
| Publication Year: | 2017 |
| Pages: | 11 |
| Language: | English |
| Format: | |
| Price: | FREE |
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