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AWS explained: What Amazon Web Services is for and where the cloud computing industry leader is headed

Nov 10, 2023 - businessinsider.com
Amazon Web Services (AWS), a division of Amazon, offers cloud computing services and APIs to various organizations and individuals. It is a popular platform due to its affordability and flexibility, allowing businesses to rent online storage and computing power as a service. AWS provides over 200 services and holds a 40% market share in the cloud infrastructure sector. AWS certification also helps tech workers advance their careers.

However, AWS is facing challenges with the growth of generative artificial intelligence, dubbed Cloud 2.0. Experts suggest AWS isn't prepared to excel in the generative AI industry, which requires new services and tools. In response, AWS has created a new organization, "Next Generation Developer Experience," to assist customers in using generative AI on its cloud.

Key takeaways:

  • AWS, a division of Amazon, is a leading cloud computing service provider that offers over 200 services including computing, storage, data management, and more.
  • AWS holds a 40% market share in the cloud infrastructure sector, more than Google and Microsoft, and generated $80 billion in revenue for Amazon in 2022.
  • Despite its dominance, AWS is facing challenges in adapting to the growth of generative artificial intelligence, leading to what some are calling Cloud 2.0.
  • In response to these challenges, AWS has created a new organization, 'Next Generation Developer Experience,' to help customers use generative AI on its cloud.
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