In 2021, Alphabet’s (Google) Cloud Business was an over $19 billion unit within Alphabet’s Google overall business model; to gain a bit of context, Microsoft intelligent cloud netted $60 billion, and Amazon AWS netted over $62 billion in the same year.
|Revenue Streams||Revenues||Operating Income|
|Microsoft Intelligent Cloud*||$20.9B||$8,7B|
Indeed, when AWS officially launched, back in 2006, it was rolled out first as a Simple Storage Service, or S3, on March 14, 2006.
Over time it became a powerhouse which enabled hundreds of startups, and some of them became tech giants.
Indeed, still as of 2022, most of Netflix’s content is hosted on AWS.
Today, many tech startups worth billions have their whole infrastructure built on top of cloud providers like AWS and Azure.
That is how AWS has turned into a juggernaut. A company generating over $62 billion in revenues, by 2021, with astounding profit margins.
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