Becker's Healthcare June 29, 2022
Amazon Web Services is set to flourish in the coming years as the IT sector shifts to the cloud, a tech analyst and its CEO say.
Amazon’s cloud-computing service is on track for a $3 trillion valuation — three times what the entire company is worth now — and could eventually be split from the tech giant’s slower-growing retail business, Redburn analyst Alex Haissel wrote in a report cited June 29 by Bloomberg.
“It’s possible that AWS could become the largest business at Amazon,” Amazon Web Services CEO Adam Selipsky told CNBC June 28. “Essentially, IT is going to move to the cloud. And it’s going...
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