Thursday, October 27, 2011

Don’t look now, but AWS might be a billion-dollar biz [GigaOM]

In other news, from AMZN

“Other,” the revenue category in Amazon’s reports that encompasses Amazon Web Services, is growing like mad — 70 percent over last year, in fact. This matters because it likely means AWS is outpacing its projected growth and is rapidly approaching a $1 billion run rate.


Whatever the actual market size though, one has to assume AWS will be responsible for the lion’s share. Rackspace topped $100 million in cloud revenue in 2010, and has done just just over $80 million over the first two quarters of 2011. When Terremark announced its fiscal third quarter earnings in February before the Verizon acquisition closed, it claimed an annual cloud computing run rate of $37.5 million.

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