Tag: AWS

April 28, 2023

Amazon’s net sales grew 9% year-over-year to $127.4 billion in Q1 2023. Net income was $3.2 billion for the period, compared with a net loss of $3.8 billion in Q1 2022. Growth in both retail sales and AWS services was […]

December 1, 2022

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company announces AWS Supply Chain, a new application that helps businesses increase supply chain visibility to make faster, more informed decisions that mitigate risks, save costs, and improve customer experiences. The announcement […]

November 7, 2022

Many people and organisations still view cloud adoption mainly through the lens of IT cost savings, and supply chain-related businesses are no exception. I have much empathy for such a perspective, though, as a technology fellow in a cloud software […]

October 28, 2022

In a rare turnabout, Amazon’s AWS cloud services unit underperformed its retail operations. Sales in that segment rose 27% year-over-year to $20.5 billion, and operating income fell 9.6% to $5.4 billion. In retail, the company joins rivals in facing embattled […]

July 29, 2022

Amazon has reported strong revenue and guidance, reassuring Wall Street with an upbeat forecast for the remainder of the year. The company’s shares rose over 10% in after-hours trading after the company reined in costs and benefitted from an increased […]

February 11, 2022

Through a special arrangement, presented here for discussion, is a summary of Steve Dennis’ recent Forbes article. Steve is President & Founder of SageBerry Consulting and a senior Forbes Contributor. He is the author of Remarkable Retail: How to Win […]

February 5, 2021

Ever since Amazon’s earnings call this past Tuesday, the business world has been abuzz with one Amazon story and one story alone: Jeff Bezos is stepping aside as CEO and transitioning to the new role of Executive Chair. That bombshell […]

June 19, 2020

Amazon was hit by the largest DDoS attack ever recorded for over three days in what experts are calling a “warning we should not ignore”. Amazon Web Services (AWS), on which thousands of retailers rely on to operate online, managed […]

July 11, 2019

This is not the first time Amazon has looked within its own ranks to try and unearth needed talent. In May, Amazon expanded its Delivery Service Partners program to current Amazon employees. The program provides $10,000 in funding for current […]

July 6, 2018

Amazon’s dominance of U.S. e-commerce is particularly stark when viewed in terms of gross merchandise value, as presented by eMarketer, because it includes revenue like the fees collected from its marketplace sellers, which are responsible for half the goods sold […]