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Technology Stocks : Cloud, edge and decentralized computing
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From: FJB12/30/2013 10:03:35 PM
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Glenn Petersen

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Amazon CTO Werner Vogels: Cloud and SaaS are going global, fast
Snip:

“The impact of cloud and SaaS will be huge on small and medium businesses,” he said, especially in places like “India and Indonesia where they are large part of the economy.” He believes Amazon’s growth will be driven by these small-and-medium sized business, who will embrace cloud.

The big challenge for Amazon (and to some extent many US cloud-oriented companies) is going to be regulatory and legal problems that exist in non-US markets. It took AWS a while to do business in China. I wonder if the NSA-disclosures are going to limit opportunities for US based cloud companies. These are a lot of unanswered questions, but for Amazon, the prospects of global cloud expansion are quite alluring.

“One of the things that excites me about the business that we’re in is the impact that we’re having internationally,” Vogels said. “While cloud has brought a true revolution in the U.S. very early already, it is just catching on internationally and it is great to see how those businesses are changing. I love to be part of that.”

* = revenue estimates from Macquarie Securities$ millionAWS revenue estimates2012 actual2013*2014*2015*0k2.5k5k7.5k10k

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