It’s Raining Money from the Cloud for Amazon

RW Baird & Co. is projecting $10 billion in revenue for Amazon Web Services by 2016. As Alex Williams of TechCrunch puts it, «The estimates reflect Wall Street’s growing confidence in cloud services and the need that analysts see in letting their customers know that a shift is underway that will lead to continued flat revenues or even losses for enterprise companies and systems integrators.»

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