Amazon Inc. Is On A Role

Amazon's cloud computing division has crossed 1 million users and will soon become $10 billion business

Amazon Inc. is on a roll. It does not matter whether it is the main e-commerce business or the cloud computing business or even the streaming service, Amazon is killing it in all the divisions. The company is already the uncrowned king of the online retail industry and it is thriving and striving to become the biggest and largest cloud computing division in as well in the tech sector. Last year, the CEO of the company Jeff Bezos said that its cloud computing business known as Amazon Web Services (AWS) is a $5 billion business.

Being a $5 billion business in the cloud market is a huge achievement and a company whose main business is e-commerce is giving a very tough time to the likes of the companies including Microsoft and Google etc.  However, Amazon’s businesses are significantly thriving in the market. For that matter, it is believed that Amazon Web Services (AWS) will soon be a $10 billion business this year. Jeff Bezos wrote this in a letter to shareholders.

According to the note written by Bezos, it is believed that “While Amazon as a whole "became the fastest company ever to reach $100 billion in annual sales in 2015, Amazon Web Services will hit the $10 billion mark at a pace even faster than Amazon achieved that milestone. AWS is used by more than 1 million people from organizations of every size across nearly every industry.”

Amazon Web Services was launched back in March 2006 hence it is now a 10 years old cloud computing division which has prospered well enough to become one of the main businesses of the company. It initially began as Simple Storage Service (S3) provider and then later expanded with the Elastic Compute Cloud (EC2) months later. Its basic task was to allow the clients to give access of the virtual machines over the internet on rental basis. Furthermore, AWS’ services also allowed developers to obtain enough computing capacity without operating their own servers. Numerous startups have also built their businesses on Amazon’s cloud only.

However it is not just small companies to which Amazon Web Services offer its services to but the big name of today’s industry such as Adobe, Capital One, GE, MLB Advanced Media, Netflix, and Pinterest.

Bezos added, “Today, AWS offers more than 70 services for compute, storage, databases, analytics, mobile, Internet of Things, and enterprise applications. We also offer 33 Availability Zones across 12 geographic regions worldwide, with another five regions and 11 Availability Zones in Canada, China, India, the US, and the UK to be available in the coming year.”