AWS becomes $20bn company as demand for public cloud continues to soar
Summary
Amazon Web Services (AWS) is now a confirmed $20bn entity, with its fourth quarter financial results seeing the cloud giant post 45% year-on-year revenue growth.By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.Kate Hanaghan, chief research officer at IT analyst house TechMarketView, said comparing the performance of the two suggests Microsoft is regaining some of the ground it previously lost to Amazon in the cloud.Jeff Bezos, Amazon founder and CEO, cited consumer demand for Alexa-powered devices as playing a pivotal role in driving revenue growth for the three months to 31 December.“There are now over 30,000 skills from outside developers, customers can control more than 4,000 smart home devices from 1,200 unique brands with Alexa, and we’re seeing strong response to our new far-field voice kit for manufacturers.”