Amazon Hungry to Take Over More Diverse Industries
December 27, 2018
Amazon Web Services is the secret juggernaut of the home shopping giant. It has been reported far and wide just how many businesses, from private and public sector alike, use AWS to host their material. While Amazon has been raking in the money, they are starting to make enemies from…their clients? It looks that way judging from a recent CNBC story, “AWS is Competing With its Customers.”
According to the story:
“AWS is the world’s biggest public cloud, generating $6.68 billion in revenue for Amazon in the third quarter, up 46 percent year over year. But as Amazon expands into countless new areas, from grocery stores to health care, some companies that have previously worked with Amazon have found a partner becoming the competition overnight.”
This would not be the first time we’ve heard of Amazon entering a market and gobbling it whole. However, this particularly puts artificial intelligence companies in a tough spot. Many are known to use AWS, but with news like that of Amazon redoubling its efforts to break into AI, suddenly this partnership doesn’t seem so rosy. We’d be watching our backs if we were any industry reliant on AWS, which is…pretty much everyone.
Patrick Roland, December 27, 2018
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