brandon_butler
Senior Editor

With triple-digit growth, Amazon’s quarterly cloud revenues climb toward $1B

Opinion
Oct 24, 20132 mins

AWS is focusing on government workloads and simplifying data migration to the cloud

Amazon Web Services (AWS), the undisputed king of the public cloud, could reach revenues of $1 billion in the final quarter of the year, if the impressive growth path the company has achieved so far continues, research firm Technology Business Research, Inc. predicted today.

Based on an analysis of parent company Amazon.com’s latest earnings report, TBRI predicts that AWS’s third quarter revenue grew 136% year-over-year to $850 million. AWS does not explicitly report its cloud revenues.

“Coupled with newly launched incentives for developers, continued investments in cloud computing products and support is projected to push AWS revenues above $1 billion in 4Q13 (up 145% year-to-year) for a 2013 trailing twelve month total of an estimated $3.2 billion,” TBRI analysts Jillian Mirandi and Michael Barba reported today.

A big focus for AWS is expected to be on acquiring government workloads to run in its cloud. The company is already a leader in this area with a specific region of its cloud already dedicated to government workloads, named GovCloud. This summer AWS opened up a new Northern Virginia headquarters for its public sector business, according to TBRI. AWS is expected to hire engineers with top security clearance to work at that facility and expand its lead in this market.

As for the enterprise market, TBR expects AWS to continue to make it easier to use its systems, with a specific focus on big data storage and analytics, and migrating data into its cloud. 

Parent company Amazon.com reported Q3 earnings of $17.09 billion, which beat market expectations. 

Senior Writer Brandon Butler covers cloud computing for Network World and NetworkWorld.com. He can be reached at BButler@nww.com and found on Twitter at @BButlerNWW.

brandon_butler

Senior Editor Brandon Butler covers the cloud computing industry for Network World by focusing on the advancements of major players in the industry, tracking end user deployments and keeping tabs on the hottest new startups. He contributes to NetworkWorld.com and is the author of the Cloud Chronicles blog. Before starting at Network World in January 2012, he worked for a daily newspaper in Massachusetts and the Worcester Business Journal, where he was a senior reporter and editor of MetroWest 495 Biz. Email him at bbutler@nww.com and follow him on Twitter @BButlerNWW.

More from this author