‘Amazon Web Services Hits $3.8 Billion Revenue – But Can It Capture The Enterprise?’ – ‘ReadWrite’

The latest post on ‘ReadWrite’ is titled “Amazon Web Services Hits $3.8 Billion Revenue – But Can It Capture The Enterprise?”.

Matt Assay says, “It took Amazon Web Services (AWS) eight years to hit $650 million in revenue, according to Citigroup in 2010.  Just three years later, Macquarie Capital analyst Ben Schachter estimates that AWS will top $3.8 billion in 2013 revenue, up from $2.1 billion in 2012 (estimated), valuing the AWS business at $19 billion.  It’s a lot of money, and it underlines Amazon’s increasingly dominant role in cloud computing, and the rising risks associated with enterprises putting all their eggs in the AWS basket”.

Amazon Web Services Hits $3.8 Billion Revenue – But Can It Capture The Enterprise?

ReadWrite