Amazon’s cloud business continues upward march - wilsoncolusay1992

Martyn Williams/IDGNS

Amazon according other upsurge in gross for its corrupt business worst quarter, though the growth is slowing arsenic the division gets bigger.

Amazon Web Services tax revenue for the second quarter was $2.87 billion, up 58 per centum from the same flow in 2015, Amazon announced Thursday. Operational profit was $863 billion, up from $391 million a year earlier.

It's another positive sign for AWS, which is still the leader in public cloud services, even as IBM, Microsoft and Google step forward their efforts to complete.

The growth at AWS is slowing, however, which is typical for a company as its patronage gets bigger. The gain was 64 percentage in the first poop, and 69 percent the quarter in front that.

The results followed individual milestones for AWS. It lately launched a new region in Mumbai, India. The cloud supplier also achieved FedRAMP High-top certification, which means information technology can run high-security workloads for the U.S. government.

Virago's business overall, including its e-commerce and content businesses, brought in total gross of $30.4 billion, compared to $23.2 billion in the second canton last year. Final profit was $857 million, up crisply from $92 million the year before.

For a long sentence, Amazon rumored little to no lucre, with Chief executive officer Jeff Bezos preferring to invest any surplus back in the business. But Amazon has reported a profit for the parthian several living quarters.

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