Jassy said Amazon’s chip innovation with Graviton2, which provides up to 40 percent better price-performance than the comparable latest generation x86 processor, will continue to push foward in 2022.
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Additionally, businesses are seeking multiple form factors such as fixed instance sizes, portable containers, serverless functions, along with a slew of networking capabilities-all of which AWS can provide, he said.
In highlighting AWS’ cloud success, Amazon’s CEO added that there’s “a lot more to compute than just a server.”Ĭustomers today are demanding various flavors of compute such server configurations optimized for storage, memory, high-performance compute, graphics rendering, machine learning. ‘A Lot More To Compute Than Just A Server’ “This shift by so many companies (along with the economy recovering) helped re-accelerate AWS’s revenue growth to 37 percent year over year in 2021.” “Many concluded that they didn’t want to continue managing their technology infrastructure themselves, and made the decision to accelerate their move to the cloud,” said Jassy. Jassy said AWS is playing a major role in “enabling business continuity” during the COVID-19 pandemic and will continue helping millions of customers when demand spikes or diminishes thanks to AWS’ elasticity capability to scale capacity up and down quickly. Jassy, the former CEO of AWS, highlighted major accomplishments in the letter to shareholders as well as his strategy and vision for Amazon and its AWS cloud business. “When it’s clear that we’ve launched something that won’t work, we make sure we’ve learned from what didn’t go well, and secure great landing places for team members who delivered well-or your best people will hesitate to work on new initiatives.” Nobody likes this part, but it comes with the territory,” said Jassy, who became president of CEO of Amazon in July. “If you invent a lot, you will fail more often than you wish.
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Amazon CEO Andy Jassy took a deep dive into the strategy and strengths of his company in his first-ever annual shareholder letter as CEO, highlighting Amazon Web Services, hiring inventors and how to “brace yourself for failure.”
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