Amazon Web Services Revenue Continues to Climb

Amazon Web Services Revenue Continues to Climb

In its financial reports, Amazon doesn’t break out the sales from its cloud computing division, Amazon Web Services; instead, it lumps revenues into the “other sales” category, making it difficult for analysts to figure out just how much money the company is making in the cloud. However, in its most recent quarter, Amazon’s “other” sales were up sharply, leading many to conclude that the cloud business is booming.

Amazon’s other sales totaled $960 million for the quarter ending September 30, 2013. That marks a 14 percent increase from last quarter and a 58 percent increase over last year.

Researchers with Technology Business Research believe 84 percent of Amazon’s other sales come from AWS and that the division’s revenue increased 136 percent year-over-year.

View article

Share the Post:
XDR solutions

The Benefits of Using XDR Solutions

May 24, 2023

Cybercriminals constantly adapt their strategies, developing newer, more powerful, and intelligent ways to attack your network. Since security professionals must innovate as well, more conventional endpoint detection solutions have evolved

AI is revolutionizing fraud detection

How AI is Revolutionizing Fraud Detection

May 23, 2023

Artificial intelligence – commonly known as AI – means a form of technology with multiple uses. As a result, it has become extremely valuable to a number of businesses across

AI innovation

Companies Leading AI Innovation in 2023

May 22, 2023

Artificial intelligence (AI) has been transforming industries and revolutionizing business operations. AI’s potential to enhance efficiency and productivity has become crucial to many businesses. As we move into 2023, several

data fivetran pricing

Fivetran Pricing Explained

May 17, 2023

One of the biggest trends of the 21st century is the massive surge in analytics. Analytics is the process of utilizing data to drive future decision-making. With so much of

kubernetes logging

Kubernetes Logging: What You Need to Know

May 16, 2023

Kubernetes from Google is one of the most popular open-source and free container management solutions made to make managing and deploying applications easier. It has a solid architecture that makes

ransomware cyber attack

Why Is Ransomware Such a Major Threat?

May 15, 2023

One of the most significant cyber threats faced by modern organizations is a ransomware attack. Ransomware attacks have grown in both sophistication and frequency over the past few years, forcing

data dictionary

Tools You Need to Make a Data Dictionary

May 12, 2023

Data dictionaries are crucial for organizations of all sizes that deal with large amounts of data. they are centralized repositories of all the data in organizations, including metadata such as

Show More