Wednesday, July 16, 2014

Amazon's Cloud Is One of the Fastest-Growing Software Businesses in History - Businessweek

Based on estimated cloud revenue of $5B this year, up 58% from last year; check the full article for more details and comparisons; also see Amazon Web Services Had 44 Price Cuts And You Can Expect More To Come (Business Insider)
"The growth of Amazon’s cloud business is unprecedented, at least when compared to other business software ventures. It’s grown faster after hitting the $1 billion revenue mark than Microsoft, Oracle, and Salesforce.com. You would need to turn to Google (GOOG)—which had the advantage of the vast consumer market—to find a business that grew faster."
Amazon's Cloud Is One of the Fastest-Growing Software Businesses in History - Businessweek

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