AWS Grows 47%, Generates $14.2 Billion

Friday Feb 3rd 2017 by Developer.com Staff
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Profits for the cloud computing service hit $3.53 billion.

On Thursday, Amazon announced its quarterly financials, including some impressive numbers from its Amazon Web Services cloud computing division. AWS grew 47 percent, generating earnings of $3.53 million on $14.2 billion in sales. Amazon's cloud isn't growing as quickly as Azure, IBM, Google and Oracle, but it still has a huge lead when it comes to market share.

In fact, Synergy Research released a new report that shows AWS has more than twice the IaaS market share as Microsoft, Google and IBM combined. “Just from a pure math perspective, AWS is so far ahead of the rest that no-one can seriously challenge its leadership in the short term,” said John Dinsdale, chief analyst at Synergy. He added, “AWS continues to make huge investments in infrastructure, continues to expand its range of services, continues to execute well, is growing its business with enterprises, and has the full long-term backing of Amazon for whom AWS is very important. The combination of math and business logic says that AWS cannot be matched from a scale and market share perspective any time soon.”

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