Amazon Web Services CEO: We're a $30 billion revenue run rate business in the 'early stages'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Jim Cramer talks with Amazon Web Services CEO Andy Jassy about how its cloud service is helping companies to 'innovate much quicker.'

Amazon's cloud services business has been growing exponentially, but the company still has a long way to go, the division's CEO Andy Jassy told CNBC's Jim Cramer on Thursday.

"It's the early stages of the meat of early enterprise and public sector adoption in the U.S.," Jassy said."Outside the U.S., they're 12 to 36 months behind, depending on the country and industry. So it's still really early days."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amazing business

Canada Canada Latest News, Canada Canada Headlines