The Monopoly in Plain Sight
Amazon-AWS is becoming a monopoly
All of this news comes as part of AWS re:Invent, the cloud provider’s massive conference for customers in Las Vegas, Nevada. Earlier this week, the company announced a web-based editor for augmented and virtual reality applications, new bare metal compute instances, and grants for machine learning research.
I believe Amazon will be a trillion dollar market cap company.
As part of a sprawling mothership, look at Amazon Web Services’ (AWS) quarterly revenue growth below. AWS — a vertical Amazon developed to handle internal surge demand on computing power — quarterly revenue last quarter was $4.5 billion.
Or more than twice that of Uber, a company valued at $68 billion.
If you want to see the future of physical-digital scale, look to Amazon.