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Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

GeekWire

billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 However, growth in the closely watched Amazon Web Services cloud unit was slightly lower than expected, with sales of $28.8 Third-party seller services sales were nearly $47.5 per share, vs. expectations of $1.48

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Amazon earnings preview: AWS cloud growth, AI demand, trade wars among key issues to watch

GeekWire

Amazon Web Services growth will be a major factor in the company’s quarterly earnings report Thursday. in Amazon Web Services revenue, which would be the largest increase in two years, according to LSEG data reported by Reuters. Amazon Web Services remains a major financial engine for the larger company.

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AI in action: Stories of how enterprises are transforming and modernizing

CIO Business Intelligence

Built on top of EXLerate.AI, EXLs AI orchestration platform, and Amazon Web Services (AWS), Code Harbor eliminates redundant code and optimizes performance, reducing manual assessment, conversion and testing effort by 60% to 80%.

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Zoom revenue spikes to $328M in Q1; CEO thanks Amazon Web Services for help meeting demand

GeekWire

Zoom CEO Eric Yuan gave a special shout-out to longtime partner Amazon Web Services and its CEO Andy Jassy for helping the company meet demand. AWS posted net sales of $10.2 Zoom does not report monthly active user numbers but CNBC cited its mobile app at a whopping 173 million monthly active users, up from 14 million in March.

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Multicloud: Tips for getting it right

CIO Business Intelligence

The following example of Microsoft Azure and Amazon Web Services (AWS) shows which cloud platform is best suited for which application. Both providers have almost identical pricing models and both offer services and functions as a service (FaaS) for practically every application.

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IT Vortex: The Effort to Achieve Net Zero Carbon Emissions is Far More Than a Business Goal

CIO Business Intelligence

This also includes safeguarding prospective customers from unexpected costs: the company’s Cloud Pricing Calculator gives enterprises a detailed quote for cloud services, whether it’s for the multi-tenant or dedicated private IT Vortex Cloud or VMware integrations with public clouds including Amazon Web Services, Google Cloud, and Microsoft Azure.

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AWS revenue growth stabilizes with a boost from generative AI-led services

CIO Business Intelligence

However, Amazon CEO Andy Jassy said that these cost optimization efforts have continued to “attenuate as more companies transition to deploying net new workloads.” While Google Cloud revenue managed to grow at 22% in the September quarter, Microsoft reported 29% revenue growth in Azure and other cloud services.