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Cloud Business from Amazon Web Services Valued at $160 billion
📅 - According to analysts at Deutsche Bank, it's believed that the AWS cloud business is worth $160 billion. The business has a revenue forecast of $16 billion for 2017 and by using the 10x multiple, the bank analysts get a value of $160 billion.
Compared to others around the market, AWS is valued at the same as IBM, just less than Oracle and at far more than Salesforce. AWS is also about six times bigger than Microsoft Azure and one of the largest cloud providers in the industry. .
Reads: 885 | Category: General | Source: TheHN : The Hosting News
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