AWS sales jump 39% as companies accelerate Cloud journey

New Delhi: Amazon Web Services (AWS), the Cloud arm of Amazon, has seen its revenue increasing 39 per cent to $16.11 billion in the September quarter, as customers of all sizes and across all industries are using AWS as the preferred cloud provider for machine learning services.
AWS generated $4.88 billion in operating income in the July-September period.
“AWS has seen a re-acceleration of revenue growth as customers have expanded their commitment to the cloud and selected AWS as their cloud partner,” said Brian T Olsavsky, SVP and Chief Financial Officer.
A lot of customers are accelerating their journey to cloud based on the pandemic.
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Because of AWS performance, Amazon’s Q3 revenue of $110.8 billion represented a two-year compounded annual growth rate of 25 per cent versus a pre-pandemic growth rate in the low-20 per cent range, the company said.