Saturday October 19, 2019
Home Science & Technology Amazon; not j...

Amazon; not just selling goods but running a $1.5 billion web service industry too

0
//

188xsi8f17aonjpg

By NewsGram Staff Writer

A major revelation by Amazon about its web services business has brought it at par with global web giants like Microsoft, Google and IBM, even dwarfing some.

For the first time the company has talked openly about its web services, a topic it avoided discussing till now.

According to the information released by the firm, Amazon web services’ business includes $1.5 billion as net sales and $265 million as profits. Amazon web services have over a million customers and counts companies like Dropbox, Spotify, Netflix, and even the CIA as its clients.

One of the main features of Amazon web services, apart from powering websites, is their tool, Amazon Machine Learning. The tools use technology that helps computers to guess human choices. Started in 2006, the web services of Amazon have a market share of 27% as compared to Microsoft’s 10%.

CEO and founder Jeff Bezos has called Amazon a $5 billion business that is still accelerating.

Next Story

Amazon India Announces Diwali Special Sale- Great Indian Festival

The special sale will start from midnight on October 21 till 11.59 p.m. on October 25

0
Amazon
Amazon Prime members can grab great deals first with exclusive early access from 12 a.m. on October 20. Pixabay

Amazon India on Saturday announced the Great Indian Festival – Diwali Special sale which will bring deals and offers on a wide range of items, including smartphones, laptops, cameras, large appliances, kitchen products and more.

The special sale will start from midnight on October 21 till 11.59 p.m. on October 25.

Prime members can grab great deals first with exclusive early access from 12 a.m. on October 20.

During the sale, users can enjoy deals on brands like Apple, Xiaomi, OnePlus, Samsung, Vivo, Honor and many more offers on latest Amazon Specials smartphones including OnePlus 7T, Samsung M30s and Vivo U10, the company said in a statement.

There will be up to 60 per cent off on appliances and TV’s with no-cost EMI, exchange offers and installation with free deliveries.

Amazon
During the sale, users can enjoy deals on brands like Apple, Xiaomi, OnePlus, Samsung, Vivo, Honor and many more offers on latest Amazon Specials smartphones. Pixabay

A consumer will also get a range of finance options from no-cost EMI on debit and credit cards, Bajaj Finserv cards and unlimited reward points on Amazon Pay and ICICI credit card.

ALSO READ: Dynamics of Tourism Growth in India

Additionally, there will be offers on top products such as LG (43) 4K Smart TV, Whirlpool Convertible Double Door Refrigerator, Samsung Fully Automatic top load washing machines and the newly launched Sanyo Kaizen Android Smart TV and more. (IANS)