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AWS offers a broad set of global Cloud-based products, including compute, storage, databases, analytics, networking, mobile, developer tools, management tools, Internet of Things (IoT), security and enterprise applications."People are sick and tired of old-guard Cloud models. Data is coming big way towards us. People are using data more than ever before via streaming, mobile, connected and IoT devices, etc. For me, great companies keep innovating on customers' behalf as data becomes centre-stage,a Jassy told a packed house with over 60,000 attendees at the AWS 're:Invent' conference on Tuesday.Currently, 7,000 government agencies, 10,000 academic institutions and 25,000 nonprofits are using various AWS services worldwide."The question on top of the minds of most companies is: how should we think about digital transformation? How can we reinvent our business or customer experiences which are sustainable over a long period of time. This transformation is the number one question and we are here to give you the right tools for the right jobs," Jassy emphasized in his keynote address."We feel that the first step for the transformation is not technical. It's very much about leadership. Companies need a thoughtful multi-year plan," he said, adding that the company is witnessing a rapid pace of innovation amid the next generation of AI and ML challenges.According to Gartner worldwide Infrastructure-as-a-service (IaaS) market segment share globally, AWS is far ahead with 47.8 per cent share, followed by Microsoft at 15.5 per cent, Alibaba at 7.7 per cent and Google at a mere 4 per cent.However, the total IT spend is still 96 per cent on-premises and just 3 per cent on Cloud globally."These are still early days for Cloud. If you look at what's happened over the last six years or so, enterprises have dramatically changed in every natural growth of businesses. Startups have completely disrupted long standing industries," said the AWS CEO.By 2025, it's estimated that 463 exabytes (EB) of data will be created each day globally equivalent of data in 22 crore DVDs per day.In the coming years, the entire digital universe is expected to reach 44 zettabytes by 2020 (one zettabyte is approximately 1,000 EB, a billion terrabytes or a trillion GB)."A huge data wave is coming. We have to be prepared, keep innovating, to manage that," said Jassy.( With inputs from IANS )

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Amazon Web Services (AWS) is not threatened by the growth of Alibaba Cloud as that is only growing in China at the moment and does not have much of a presence in the US or other countries, AWS CEO Andy Jassy has said. ...

Not many Indian startups have a global story to tell, but the Cloud-based software company Freshworks with its roots in Chennai has evolved into a business valued at $3.7 billion with 12 global offices and a California-based headquarters in less than ...

In a damning attack against President Donald Trump, Amazon has alleged in its complaint filed against the US government's decision to award $10 billion Pentagon Cloud project to the "less competitive" Microsoft that Trump abused his position to put ...

As the CEO of a $36 billion enterprise that leads the global infrastructure Cloud market with over 175 services more than any other Cloud vendor Andy Jassy is deeply hurt at the Microsoft's $10 billion Pentagon Cloud win and is leaving no stone unt ...

In yet another strong public rebuke of Microsoft who has won the prestigious $10 billion Pentagon Cloud project, Amazon Web Services (AWS) CEO Andy Jassy said the US government's decision to award the project to the Satya Nadella-run company was done ...

Cloud data protection and management company Druva has doubled down on its efforts on winning new clients across the financial services sector in India and is bullish on research and development (R&D) at its Pune facilities to develop next-gen produc ...

Shocked at the US government's decision to award $10 billion Pentagon Cloud project to Microsoft despite being the favourite, Amazon Web Services (AWS) CEO has now targeted Satya Nadella-led tech giant with criticising its licensing practices and mak ...

With people moving away from old-guard databases and Cloud solutions that have turned into a headache for several enterprises in the Big Data era, Amazon Web Services with its over 175 next-gen services is set to help them migrate seamlessly and stay ...