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

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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.

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Amazon to Make Shipments Carbon-Neutral by 2030 Using More Renewable Energy

Amazon, which ships millions of packages a year to shopper's doorsteps, says it wants to be greener.

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Amazon, New york
A delivery person pushes a cart full of Amazon boxes in New York City, U.S., Feb. 14, 2019. VOA

Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener.

The online retail giant announced plans Monday to make half of all its shipments carbon-neutral by 2030.

To reach that goal, the online retail giant says it will use more renewable energy like solar power; have more packages delivered in electric vans; and push suppliers to remake their packaging.

Amazon, New york
Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener. Pixabay

McDonald’s, Coca-Cola and other big companies that generate lots of waste have announced similar initiatives, hoping to appeal to customers concerned about the environment.

Amazon is calling its program “Shipment Zero,” and plans to publicly publish its carbon footprint for the first time later this year.

ALSO READ: Scientist Who Coined the Term ‘Global Warming’ Dies at 87

Seattle-based Amazon said it spent the past two years mapping its carbon footprint and figuring out ways to reduce carbon use across the company.

“It won’t be easy to achieve this goal, but it’s worth being focused and stubborn on this vision and we’re committed to seeing it through,” said Dave Clark, Amazon’s senior vice president of worldwide operations. (VOA)