Amazon's potential $1bn Cloud business

Amazon Web Services (AWS), the online retail giant’s cloud computing division, has the potential to be a $1bn business as early as next year; that is if a number of respected industry analysts are to be believed.

The speculation comes as Amazon prepares to release its Q2 results, and the firm has admitted that it has hundreds of thousands of customers in more than 190 countries.

The firm's cloud services, centred around Elastic Compute Cloud (EC2) and Simple Storage Service (S3), among a number of...

By Matt Henkes, 26 July 2011, 0 comments. Categories: Enterprise, Industry, Storage.