Amazon Web Services Reports 40% Growth Despite Customers Looking To Other Vendors

AWS reported bumper earnings on Thursday, amid a focus by its new CEO Adam Selipsky to keep its corporate customers loyal.

Adam Selipsky, pictured at AWS re:Invent in December, has made it clear that its corporate customers should stay loyal to AWS.Amazon’s cloud business reported bumper earnings on Thursday, surprising analysts following a quarter of outages and a focus by its new AWS CEO, Adam Selipsky, on keeping its corporate customers loyal.

Yet the huge earnings figures came as the cloud vendor is fighting to maintain its dominant market share. Three major outages disrupted services in the last quarter and prompted damaging headlines that reminded many of its customers of the risks of relying on a single cloud vendor. “Customers will continue to look for multi-cloud, which is to mitigate vendor concentration, and…workload affinity,” says Lee Sustar, an analyst at Forrester. “The next few months will determine whether or not the products Google or Microsoft have brought on to embrace multi-cloud can attract customers.”

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