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160 billion business you’ve never heard of

canada goose parka uk Amazon has a booming business that could soon be worth $160 billion no, not the one you’re thinking of. Most people see Amazon as a huge online shopping mall. But businesses Canada Goose Coats On Sale are starting to see Amazon as a warehouse of cloud infrastructure they can rent. canada goose parka uk

canada goose outlet in canada goose outlet canada Amazon Web Services, the company’s network of servers, data storage technology and virtual computing platforms, is on pace to bring canada goose factory sale in more than $7 billion in sales this year. canada goose outlet in canada

canada goose factory outlet toronto location This week, Deutsche Bank estimated that AWS sales could reach $16.2 billion by the end of 2017. That canada goose uk outlet would make AWS worth $160 billion, the analysts said, and Amazon’s single most valuable business even more than the retail unit that put Amazon on canada goose uk black friday the canada goose uk shop map. canada goose factory outlet toronto location

canada goose outlet washington dc Amazon (AMZN) has echoed Deutche Bank’s forecast. CEO Jeff Bezos told CNBC in April that AWS would one day overtake the retail business. canada goose outlet washington dc

canada goose outlet jackets AWS‘ growth is remarkable it’s the fastest growing Canada Goose sale corporate IT business in history. canada goose outlet jackets

canada goose outlet mississauga Amazon launched AWS just nine years ago, and it’s on pace to surpass $10 billion in annual sales next year. Apple (AAPL) took canada goose coats on sale 19 years to achieve that mark, the analysts noted. Microsoft (MSFT) took 22 years, and Oracle (ORCL) took 23 years. canada goose outlet mississauga

canada goose outlet black friday So why is the AWS business poised to be more valuable than canada goose clearance Ford (F)or GM (GM)? Let’s take a look. canada goose outlet black friday

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canada goose outlet usa Amazon launched AWS as a way to make money buy canada goose jacket from canada goose clearance sale the excess capacity of its buy canada goose jacket cheap server farms. (The company now has dedicated servers to support its many customers.) canada goose outlet usa

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canada goose outlet england More than a million companies large and small, from nearly every industry, according to Amazon. canada goose outlet england

canada goose outlet legit Netflix (NFLX) uses AWS to stream Canada Goose Parka billions of hours of shows and videos to viewers every month. Pfizer (PFE) conducts research projects, clinical analytics, and large scale data analysis through the service. canada goose outlet legit

canada goose outlet kokemuksia Most recently, companies like GE (GEIMX), News canada goose black friday sale Corp (NWS), and Capital One (COF) have uk canada goose outlet also started to Canada Goose online move more of their IT work to AWS. Capital One, for example, canada goose store is closing down five of its eight data centers as it migrates some of its operations to AWS, uk canada goose according to Deutsche Bank. canada goose outlet kokemuksia

canada goose outlet price Who are its competitors? canada goose outlet price

canada goose outlet us Microsoft’s canada goose coats Azure platform is Amazon’s biggest challenger right now, the analysts say. But in terms of revenue, AWS is about six times bigger. canada goose outlet us

canada goose outlet toronto factory Google’s Cloud Platform is in the No. 3 spot. And Salesforce (CRM), IBM (IBM) SoftLayer, and Rackspace are also companies to watch. canada goose outlet toronto factory

canada goose outlet las vegas What challenges does AWS face as it tries to grow? canada goose outlet las vegas

canada goose outlet parka Concerns about data privacy and security hacks may hold back some companies from moving their cheap Canada Goose business to virtual cloud systems. canada goose outlet parka

canada goose outlet in usa „There is clearly more thought going into the encryption of data, but we’re still not convinced that encryption keys are fully secure,“ is one piece of feedback the analysts received. canada goose outlet in usa

canada goose outlet store new york Some Canada Goose Jackets firms may also be reluctant to give up their own private data centers if they’ve already poured a lot of money into them. Moving large chunks of data is not an easy task, and can be very expensive too. canada goose outlet store new york

canada goose outlet 2015 CNNMoney (New York) First published November 4, 2015: 1:11 PM ET canada goose outlet 2015

canada goose outlet montreal Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. canada goose Morningstar: Morningstar, Inc. Factset: FactSet Research Systems Inc.. Chicago canadian goose jacket Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S Dow Jones Indices LLC and have been licensed for use to S Opco, LLC and CNN. Standard Poor’s and S are registered trademarks of Standard Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices S Dow Jones Indices LLC and/or its affiliates canada goose outlet montreal.


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