Report: Amazon’s Cloud Business Is Doubling Every Two Years

Report: Amazon’s Cloud Business Is Doubling Every Two Years

No one knows exactly how much Amazon makes from its cloud computing services because the company doesn’t break out the numbers on its financial reports. However, Pacific Crest Securities is estimating that Amazon Web Services will have $5 billion in revenue this year, and $6.7 billion for 2015. The firm believes AWS is roughly doubling its sales every two years, which makes it one of the fastest-growing software companies in history.

Developers say they prefer Amazon’s cloud because it’s the fastest way to “get stuff done.” That tracks with a Forrester survey in which developers cited “fastest way for me to get done” as the number one reason why they selected their cloud computing vendor.

However, it’s no longer just developers that are using AWS. According to Pacific Crest analyst Brent Bracelin, “2014 is shaping up to be a turning point for cloud adoption in the enterprise, moving beyond new application test and development to more critical workloads.”

View article

Share the Post:
Heading photo, Metadata.

What is Metadata?

What is metadata? Well, It’s an odd concept to wrap your head around. Metadata is essentially the secondary layer of data that tracks details about the “regular” data. The regular

XDR solutions

The Benefits of Using XDR Solutions

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

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

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