We have unusual leadership depth in AWS that, along with all of you, are the heart of the business - and that doesn't change. We will share those details in the future. We have plenty of time to determine in the coming weeks who will lead the AWS business when I assume the new role. You'll be stuck with me until Q3 and even after that I will always be passionate and connected to AWS. Nothing is changing in the short term as it relates to AWS. One of the amazing things about AWS and Amazon is that we're still such a small overall share of the market segments in which we address. And more importantly, we continue to help millions of new and existing customers not only transform their own companies, but also entire industries. At a $51B revenue run rate, growing 28% YoY, and with the meat of enterprise and public sector adoption starting to happen now, we have a chance to build a very unusual, long-term business. Like the rest of Amazon, AWS is in a very good spot. I'm also excited about what the future holds for AWS. I am grateful for the opportunity to lead Amazon, and excited about what the future holds for the Company. It's hard to overstate how much I've learned from Jeff over the past 24 years - from how much I obsess over customers, to the importance of inventing and looking around corners, to the criticality of hiring and developing great people, to the value of high standards and consistently speedy, outstanding delivery. Seems a pretty good bet that it'll be something special. I'm excited for Jeff and look forward to watching his next chapter unfold. I'm assuming most of you saw the news from Jeffb today that he'll be transitioning to Executive Chairman in Q3, and that I will move into the role of CEO of Amazon at that time. "We have plenty of time to determine in the coming weeks who will lead the AWS business when I assume the new role," he said. Jassy said nothing would change for AWS in the short term and did not name who would replace him as the division's CEO. It often indicates a user profile.ĪWS was the top cloud provider in the fourth quarter of 2020, commanding 31% of the market and totaling more than the next two biggest cloud providers combined, according to data from the analytics firm Canalys. The Information reported in 2018 that only a fraction of Alexa users shop through it, and many who have shopped using Alexa have declined to use it a second time to make a purchase.Account icon An icon in the shape of a person's head and shoulders. It's said millions of products can be ordered through Alexa.įor now, voice shopping still appears to be a novelty. Jassy said he's "really pleased and optimistic" about Amazon's devices business, adding that Alexa has gotten "a lot of traction," particularly in driving e-commerce purchases.Īmazon has bet heavily on a future where consumers will increasingly use their voice to buy products on its website. Spokespeople for the Journal and Business Insider did not immediately respond to a request for comment on Jassy's remark. I think there was some misreporting that was going on in the last few weeks." But questions have grown inside the company around the future of Alexa, according to The Wall Street Journal, in a report that said consumers appear to only use the service for a handful of functions, and after heavy investment, the unit lost more than $5 billion annually in recent years.īusiness Insider also reported on the future of Amazon's Alexa unit being in jeopardy.Īsked about reports of Alexa's flawed business model, Jassy retorted, "You have to be careful what you believe in what you read. Alexa was once considered key to the company's future, with Amazon assigning 10,000 employees to work on the technology and Echo smart speakers. Personal Loans for 670 Credit Score or LowerĪmazon's Alexa voice assistant unit was among the divisions hit hardest. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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