One of Amazon's biggest cloud bets is paying off with hundreds of millions of dollars per year

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One of Amazon's biggest cloud bets is paying off with hundreds of millions of dollars per year
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Before Amazon Web Services started eating the enterprise IT market, it went after startups first. Now, that bet is paying off.

announced that Amazon Web Services did almost $8 billion in revenue in the first three months of 2019

But when AWS first launched in 2006, very few knew what to make of it. There had been web hosting services and other tools to help run web apps, sure, but nobody else matched the promise of AWS, where developers pay as they go for access to fundamentally unlimited supercomputing power out of Amazon's own data centers.

, and remains so to this day. More recently, AWS has won deals with large companies like Capital One, Comcast, and even Apple to provide some or all of their cloud computing infrastructure.

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