Daffodil International University
Faculties and Departments => Teaching & Research Forum => Topic started by: anwar.swe on December 23, 2017, 05:30:16 PM
-
Amazon is big. In its last financial quarter, it sold $32bn (£25.6bn) worth of stuff worldwide, including $6bn of media, $10bn of sales outside North America, and $23bn of electronics “and other general merchandise”. That “other” category encompasses everything from crucifixes to sex toys, board games to plyboard, and mousemats printed with the faces of obscure TV and Radio personalities.
It has also diversified beyond its simple shopping business: the company will sell you something to be delivered in less than one hour, food from restaurants, and even digital content to be watched on your TV or listened to on your phone. And, of course, it has a hardware business which many other companies would kill for, producing ebook readers and tablets, and single-handedly creating the product category of “smart speaker” with the Echo.
But there’s another chunk of Amazon that you’re less likely to know about. It’s responsible for a full tenth of the company’s revenues, yet its “operating income” – the amount of money it leaves in Amazon’s coffers once expenses are accounted for – dwarfs any other sector, pulling in $861m compared to the $255m Amazon makes in North American sales and the $541m it loses internationally.
The division is Amazon Web Services, or AWS, the section of the company that sells cloud computing services to both the outside world and to Amazon itself. You can buy storage space to hold a huge database, bandwidth to host a website, or processing power to run complex software remotely. It lets companies and individuals avoid the hassle of buying and running their own hardware, while also letting them pay for only what they actually use.
It began as almost a point of principle for Amazon founder, Jeff Bezos, before evolving to become the single most profitable part of the entire company. Now, AWS is moving into the third stage of its life, providing the underpinning for Amazon’s own quest to dominate not just our shopping, but our homes themselves.
-
Thanks for sharing.
-
Excellent writing
-
Thank you for sharing such important information.
-
Thanks for sharing
-
nice sharing
-
:)