Friday, November 15, 2013
Cloud Computing Business Worth $188 Billion by 2022?
Amazon Web Services revenue could soar ten-fold between now and 2022 to more than $30 billion a year, according to projections by JPMorgan analyst Scott Devitt.
The good news for other providers is that the whole market could be as large as $188 billion.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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