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After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

GeekWire

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. Amazon Web Services CEO Andy Jassy at AWS re:Invent this week, in front of a slide showing some of the company’s customers and partners. Screenshot via webcast).

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Tableau CEO Adam Selipsky will return to Amazon Web Services as CEO, replacing Andy Jassy

GeekWire

Tableau CEO Adam Selipsky will join Amazon Web Services as its new CEO. Tableau Software CEO Adam Selipsky will be the new CEO of Amazon Web Services, replacing Andy Jassy, who will take over as Amazon’s CEO later this year. ” AWS CEO Andy Jassy at the 2019 re:Invent conference in Las Vegas. .

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Kuiper satellite network gets a big lift from Amazon’s CEO, but timeline is a bit hazy

GeekWire

Under the terms of the Federal Communications Commission’s license, half of that total would have to be deployed by mid-2026. He said broadband services would also be offered to “governments and enterprises seeking better connectivity and performance in more remote areas.”

Network 116
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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The declining percentage comes from noticeably slower growth in the online segment over the past couple years (including year-over year declines in some recent quarters) and the continued growth of the company’s revenue from areas including third party seller services, Amazon Web Services, and advertising services.

.Net 79
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Microsoft cloud revenue up 22%, Windows business plunges 27% in first report since job cuts

GeekWire

billion, including a decline of 39% in revenue from versions of Windows licensed to computer manufacturers. The company cited fewer new games from its own studios, and lower monetization of games made by third-party developers. This is the business unit run by Charlie Bell , the former Amazon Web Services exec.

Microsoft 119
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing. The company’s pivot to new tech development and SaaS began in 2021 and is keenly focused on the cloud, machine learning, and AI, as well as blockchain for tracking digital assets.

Financial 116
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Choice Hotels’ all-in cloud journey to sustainable business value

CIO Business Intelligence

Kirkland, a founding member of SustainabilityIT.org, an organization to drive global sustainability through technology leadership, says Choice was the first hospitality company to make a strategic commitment to developing a cloud-native and sustainable platform on AWS.

Hotels 144