AWS, also acknowledged as World wide web Products and services, is Amazon’s (AMZN) – Get Amazon.com, Inc. Report cash cow. The phase generates about $8.4 billion dollars in functioning income. Feel about AWS as the Netflix for IT solutions: fairly than separately obtaining and protecting bodily data facilities, enterprises fork out for a membership to AWS. In the conclusion, consumers benefit from superior support and decrease costs.
Not as opposed to streaming films and new music, cloud computing has turn out to be a large market of $370 billion in 2021 and predicted advancement of just about 20%