Amazon Web Services is now a $5 billion business
Amazon is one of the world’s biggest ecommerce companies. But as it was creating that marketplace, it also developed cloud computing technology that it eventually began to sell to other players in the technology space. Today, its Amazon Web Services one of the dominant providers in the industry. For the first time Amazon broke out the financial details of AWS, which had revenue of $1.57 billion in this quarter alone.
Source:: The Verge
