Silicon Valley - Amazon Web Services (AWS), the company's network of servers, data storage technology, and virtual computing platforms is going to bring Amazon more than $7 billion in sales this year. AWS has a remarkable revenue record, its growth has been the fastest in history for any information technology (IT) company.
Amazon launched AWS nine years ago and AWS revenue is expected to be greater than $10 billion in annual sales in 2016. Previously the $10 billion annual revenue mark took Apple 19 years, and, according to some industry sources, Microsoft took 22 years, and Oracle took 23 years. See whole story, www.cnn.com.
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