The Coronavirus Effect
Jassy pointed to the growth of the cloud industry during the coronavirus pandemic, which forced companies to shut down their offices and rely on remote workforces and forced online retailers and television, movie and video streaming companies to ramp up their cloud usage to support customer surges.
“I think when you look back on the history of the cloud, it will turn out that the pandemic accelerated cloud adoption by several years,” Jassy said.
“In the short term -- in the first nine months or 10 months of this thing -- virtually every company in the world, including Amazon, has tried to save money any way that they can,” Jassy said. “But what we’ve seen -- and this happens a lot of times when you have a period of discontinuity like a pandemic -- is that companies take a step back, and they rethink what they’re doing and what they want to stop doing. And one of the things that we’ve seen is that enterprises that we’ve been talking with for many years about moving to the cloud -- where there’s a lot of discussion and dipping the toes in the water, but not real movement -- so many of those enterprises have gone from talking to having a real plan. And that, I think, is going to be one of the biggest changes you see.”