AWS, also recognized as World wide web Products and services, is Amazon’s (AMZN) – Get Amazon.com, Inc. Report cash cow. The section generates about $8.4 billion dollars in functioning earnings. Think about AWS as the Netflix for IT answers: relatively than separately purchasing and sustaining bodily details centers, enterprises spend for a membership to AWS. In the finish, consumers profit from superior services and reduce expenditures.
Not unlike streaming movies and audio, cloud computing has grow to be a enormous current market of $370 billion in 2021 and predicted expansion of almost 20% YOY to $1.2 trillion in