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AWS CEO Jassy On Not Building Technology For The Sake Of Being 'Cool'

Following his re:Invent keynote, Amazon Web Services CEO Andy Jassy talked with reporters about hybrid cloud strategies, emerging technologies, and where the opportunities lie for AWS partners in a private Q&A session. Here's what solution providers should know.

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Will AWS try to exceed $20 billion in revenue soon, and will it eventually be spun out as a separate company?

Do I think that AWS can be a $20 billion business in time? Yes, I do. We have an $18 billion annual run rate today. We don't have set targets on what we are trying to reach revenue-wise each year. We make a projection, all the business units do, but when we are talking about a market segment that is so big and so dynamic, we try to remind ourselves that we are just at the early stages of enterprise adoption in the U.S. Outside the U.S., it's about 12 to 36 months behind, depending on the country.

I've been at Amazon for 20 years and I've learned to never say never, but I would be very surprised if we spun out AWS, mostly because there isn't a need to do so. If you look at the history of Amazon, we aren't focused on the optics of the financial statements. We are comfortable being misunderstood for long periods of time. The company was so gracious committing capital we needed to grow AWS in the first 11 years, that there really isn't a need to do so.

 
 
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