Amazon are the most innovative company
Thinking about innovation: other companies including banks talk about innovation and Amazon just do it. With revenue increases of 32% in areas that most of the population are possibly not even aware that Amazon is involved in (don’t they sell books??) this reflects an approach that levers what they have built to do other things.
Read through forviews and some facts on Amazon that might surprise you.
Amazon Web Services, meanwhile, offers some of the company’s technology to others. Amazon’s “other revenue” — which includes that of AWS — totaled $550 million in the last 12 months, up 32 percent from a year earlier. Drug companies like Eli Lilly are using its Elastic Compute Cloud to analyze clinical trials; other customers include ESPN, Autodesk and several hedge funds. Amazon is reaching out to academics in need of cloud computing as well.