{"id":40335,"date":"2020-01-31T10:35:02","date_gmt":"2020-01-31T10:35:02","guid":{"rendered":"https:\/\/www.cloudcomputing-news.net\/news\/2020\/jan\/31\/aws-secures-995bn-q419-revenues-beat-expectations-and-maintain-market-share\/"},"modified":"2020-01-31T10:35:02","modified_gmt":"2020-01-31T10:35:02","slug":"aws-secures-9-95bn-in-q419-revenues-to-beat-expectations-and-maintain-market-share","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/aws-secures-9-95bn-in-q419-revenues-to-beat-expectations-and-maintain-market-share\/","title":{"rendered":"AWS secures $9.95bn in Q419 revenues to beat expectations \u2013 and maintain market share"},"content":{"rendered":"

<\/p>\n

Amazon Web Services (AWS) posted revenues of $9.95 billion (£7.59bn) in its most recent quarter, beating analyst expectations.<\/p>\n

The results represent a 34% increase on Q418, while the full-year figure, of $35bn, are 36.5% up on 2018. The third quarter saw revenues of $8.99bn, with AWS contributing 11% of Amazon’s total pot, a figure remaining conistent with previous quarters.<\/p>\n

As with previous quarters, Amazon does not go in for self-aggrandising prepared remarks, with chief financial officer Brian Olsavsky again taking questions. Most of the questions were on the subject of AWS and wider growth patterns.<\/p>\n

“As we see it here, we grew from a $30 billion revenue run rate at the end of 2018 to a $40bn revenue run rate at the end of 2019 – so we continue to be happy with our top line growth,” said Olsavsky. “We had a larger dollar increase in revenue both year-over-year and quarter-over-quarter – so we’re very happy with the progress of the revenue and our adoption and acceptance by customers.”<\/p>\n

The three letters of AWS saw a grand total of 68 mentions in the press materials. This represented a downturn from 79 this time last year. Many of the quarterly updates came as a result of the releases from re:Invent at the start of December<\/a>, including new products for machine learning training kit SageMaker, as well as Amazon Braket, a service for developers to experiment with quantum computing facilities.<\/p>\n

Alongside this, the general availability of hybrid cloud offering Outposts was announced, as well as a major partnership with Verizon<\/a>. The latter was seen as a showcase for AWS Wavelength, a service which aims to offer ultra-low latency applications for 5G devices. Primary customers announced this quarter were the Bundesliga<\/a>, going all-in on AWS and adding to the firm’s cadre of sporting clients, as well as Best Western Hotels, again announced at re:Invent.<\/p>\n

The primary news from the past three months, however, was a blow from AWS’ perspective, with the awarding of the $10 billion-rated JEDI government cloud computing contract to Microsoft. AWS has confirmed it is appealing the ruling<\/a>.<\/p>\n

While slowing growth is to be expected given the speed at which AWS rose – and it was a cause for concern for analysts<\/a> last quarter – Synergy Research argues that at 34% growth, AWS still holds a steady one third of the market. Microsoft, for whom Azure grew 62%, has risen by up to three percentage points year over year, according to Synergy estimates.<\/p>\n

You can read the full AWS earnings report here.<\/a><\/p>\n

\"https:\/\/www.cybersecuritycloudexpo.com\/wp-content\/uploads\/2018\/09\/cyber-security-world-series-1.png\"<\/span><\/a>Interested in hearing industry leaders discuss subjects like this and sharing their experiences and use-cases<\/strong>? Attend the Cyber Security & Cloud Expo World Series<\/a> with upcoming events in Silicon Valley, London and Amsterdam to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon Web Services (AWS) posted revenues of $9.95 billion (£7.59bn) in its most recent quarter, beating analyst expectations.
\nThe results represent a 34% increase on Q418, while the full-year figure, of $35bn, are 36.5% up on 2018. The third qua…<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-40335","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/40335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=40335"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/40335\/revisions"}],"predecessor-version":[{"id":40336,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/40335\/revisions\/40336"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=40335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=40335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=40335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}