Amazon is now the most valuable public company — here are five reasons why
Summary
"Despite its current massive size, we see Amazons opportunities as mostly unconstrained based on a successful track record of capitalizing on consumer and IT department spending," Brian Wieser, an analyst at Pivotal Research Group, wrote in a note to clients on Monday.Annual revenue now exceeds $23 billion and AWS controls 40 percent of the public cloud market, according to Synergy Research Group .Amazon cloud facilities are coming to Bahrain, Hong Kong, Italy and South Africa, and the company is vying to win a $10 billion U.S. Defense of Department contract.CEO Jeff Bezos has put together a fiercely loyal group of executives at the top of the company, with many of them having stayed at Amazon for years, if not decades.Bezos S-Team, which reportedly contains fewer than 20 executives, is known for its stability, a part of Amazons culture that the CEO once highlighted during an internal staff meeting.