“I’ve never had more energy, and this isn’t about retiring. “But I will also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, the Washington Post, and my other passions,” he wrote. “He will be an outstanding leader.”īezos added that he would stay engaged in Amazon initiatives. “Andy is well known inside the company and has been at Amazon almost as long as I have,” he said. “It will be interesting to see how that affects their strategy and balancing that priority with a growing ad business and the commerce behemoth.”īezos said in a letter to staff on Tuesday that he had “full confidence” in Jassy. “Jassy’s background in steering AWS shows just how top-of-mind those services are to Amazon’s business strategy,” Johnson said.
His promotion underscored the importance of web services to Amazon’s future, said Tom Johnson, chief transformation officer at Mindshare Worldwide. It boasts a dominant 30% market share of the cloud computing market.Ĭompetitors are eyeing Amazon’s top spot, however, with Microsoft and Google announcing growth in their cloud computing businesses in the fourth quarter. The company now owns almost half the world’s public cloud infrastructure market. In the years since, AWS has grown into a cloud platform used by millions that dominates legacy players like Oracle and Microsoft.
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