Technology Magazine September 2024 | Page 33

CREDIT : AMAZON were split into smaller groups , who were each responsible for a single service .
It offered a way for businesses to use the latest technology whilst only investing in the services they truly needed . This strategy set AWS apart and resulted in it steaming ahead of its competitors when it came to the cloud computing revolution , leading a small team to become tens of thousands and catapulting AWS to a revenue of more than US $ 80bn .
To this end , Andy Jassy credits technology as the ticket , saying at the AWS Summit in New York in 2019 : “ The democratisation of technology has fundamentally changed the way businesses operate .”
Confronting AI at Amazon When Jeff Bezos stepped down as Amazon CEO , he named Andy as his successor . Fully transitioning into the role in July 2021 , Andy has a crucial role in continuing to spearhead Amazon ’ s AI and cloud services developments all over the world .
The conglomerate is well positioned to continue its digital transformation efforts , shaping the future of business technology with the power of AI . According to Andy , the company has been making key investments in and developing a new range of products to better leverage the disruptive technology .
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