Technology Magazine August 2022 | Page 163

AWS
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AWS

Founded : 2006
CEO : Adam Selipsky
Amazon Web Services ( AWS ) is the world-leading cloud vendor , boasting over 200 integrated features and services , in addition to 30 % of the total cloud market share . Offering a free tier cloud option , AWS enables businesses to test various services free of charge and without any commitments .
Amazon ’ s cloud unit grew 36.5 % year-on-year in the first quarter of 2022 , slightly faster than analysts projected . AWS revenue totaled US $ 18.44bn in the quarter , above the US $ 18.27bn consensus among analysts polled by StreetAccount . That works out to about 16 % of Amazon ’ s total revenue , according to CNBC .
At Mobile World Congress 2022 , AWS CEO Adam Selipsky referenced several partnerships with telecoms firms including Telia , T-mobile , Vodacom and Bell . “ There is a lot of innovation across the industry , but we ’ re seeing cloud infrastructure being used for more – including to transform core systems .” technologymagazine . com 163