IT channel news with the solution provider perspective you know and trust sent to your inbox. Companies as diverse as Netflix, Kellogg’s, Airbnb and BP run significant pieces of their computing operations on AWS. One of Amazon’s leadership principles is to “think big,” and whoever replaces Bezos will be tasked with finding the next multibillion-dollar-a-year business for the company to seize. Jassy also noted how business models have shifted as cloud computing and services are continually integrated into companies. Future Amazon warehouse in Torrance sells at near record ppsf, Bezos buys Beverly Hills bungalow next to his massive mansion, WS Communities nabs $150M loan for six renovations and a development site, This way to the beach: Homes next to ocean topped priciest sales, Amazon expands LA footprint with big warehouse lease, Looters cleared out retailers while police clashed with protesters in Santa Monica and Long Beach, Related California eyes latest project in Downtown Santa Monica, Shekhters’ WS Communities lands $157M loan to build 850 rental units in Santa Monica. In December, at the annual AWS conference in Las Vegas, Jassy ripped the decision as well as Trump’s antipathy toward Bezos. Some of their hesitation, as Jassy pointed out, was due to institutional inertia, but some of it also was due […], Today, AWS made public its Motion to Supplement the Record in its protest of the JEDI contract decision. Amazon’s virus stumbles have been a boon for Walmart and Target. Jassy is a part-owner of the new Seattle National Hockey League franchise, the Kraken, which will join the league in the 2021-2022 season. The industry’s largest public cloud provider is “trying to help people and organizations function” through the pandemic by enabling them to maintain operations and shift employees to working away from the office, Jassy said in a fireside chat with Matt Garman, AWS vice president of worldwide sales and marketing. But Jassy’s Amazon career is defined by his leading Amazon into a wholly new market, cloud computing, a business the company has come to dominate just as aggressively as it leads in the world of e-commerce. And it has pushed into a raft of new businesses, including movie and television production and online advertising. Few company founders have turned their creations into global powers and remained at the helm for decades. Jassy said he’s come to appreciate that employees don’t need to congregate in larger population centers, but instead talented people can be hired from almost anywhere in the world. Moreover, moving away from a CEO whose persona is so deeply tied to the company as a founder is perilous. Built in 2003, the mini-estate last sold in 2014 for $5.5 million to a non-famous businessman. By clicking Subscribe you agree to our Privacy Policy. Cloud is still “a big, vast expanse, so it’s not surprising.”. AWS CEO Andy Jassy’s ‘Very Ambitious Plan’ To Keep AWS On Top Amazon Web Services CEO Andy Jassy is ready to take the 65,000 partners and customers set to … It took Microsoft more than a decade to reemerge as a tech leader as it forged a new path in cloud computing after long lording over the personal computing industry under Gates. Wilke, for instance, acknowledged that he initially opposed one of the moonshot products that Bezos loves, the Kindle e-reader. Necessary cookies are absolutely essential for the website to function properly. In […], At its re:Invent conference, AWS CEO Andy Jassy today announced the launch of AQUA (the Advanced Query Accelerator) for Amazon Redshift, the company’s data warehousing service. Jose: I believe Gregory Reyes is the right person for the job.

Quick on the heels of Bezos paying $165 million for Beverly Hills’ iconic Jack Warner estate, the Seattle-based Amazon Web Services CEO and his wife Elana have dropped $6.7 million for a relatively modest L.A. “starter” house in prime Santa Monica, no online coupon clipping or digital deals necessary. He led Amazon’s first push outside of book sales, drawing up the plans to add music sales to the young online retailer’s remit. For all Amazon’s clout in cloud computing, Microsoft has emerged as a potent rival.

The reliance so many have developed on that technology over the last two months will likely impact how work gets done, and where people get hired from, long past the crisis. Andy Jassy’s 5,500-square-foot property was built in 2003 and last sold for $5.5 million in 2014, according to the report. “People that are founders and this is their life, it’s hard for them to move onto their next phase,” said David Larcker, a professor at Stanford Graduate School of Business who specializes in corporate governance. Andy Jassy’s 5,500-square-foot property was built in 2003 and last sold for $5.5 million in 2014, according to the report.