- "The impact of cloud and SaaS will be huge on small and medium businesses," particularly in SMB-dominated emerging markets such as India and Indonesia, predicts Amazon Web Services (AMZN +1.3%) chief Werner Vogels.
- Much as many developing countries never fully built out their wireline infrastructures in favor of adopting mobile networks, Vogels forecasts cloud infrastructures and software will allow many companies to forgo building traditional IT infrastructures, and in doing so gain access to technology and resources previously available only to larger firms.
- AWS' early growth has been heavily fueled by U.S. demand from Internet companies (e.g. Netflix, Dropbox, Pinterest) and departments within major enterprises. But international growth and expansion has been picking up: AWS now offers six international "regions" to go with with four domestic ones, with the most recent being China.
- Evercore recently estimated AWS will post 2015 revenue of $8.1B, up from $3.5B in 2013.
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Amazon Web Services chief eyes international growth, SMBs
Dec 31 2013, 16:11 ET