“That’s going to substantially change in the coming years. Less than 5% of the global IT spend is in the cloud at this point. “With a $51B revenue run rate that’s growing 28% YoY (these were the Q4 2020 numbers we last publicly shared), it’s easy to forget that AWS is still in the very early stages of what’s possible.
“And, having been in such a senior role at AWS for 11 years, he knows our culture and business well. “Adam brings strong judgment, customer obsession, team building, demand generation, and CEO experience to an already very strong AWS leadership team,” Jassy’s memo read. READ MORE: Who is Amazon’s new CEO Andy Jassy? While Selipsky will officially return to Amazon on May 17, there will be a crossover transition period before Jassy takes over from Bezos in the third quarter.ĪWS is an increasingly vital part of Amazon’s operations and remains the dominant force in the market, representing an estimated 45 per cent.
However, Selipsky is no stranger to Amazon or AWS, having spent more than a decade with the company acting as vice president for sales, marketing and support before leaving for Tableau.
WHO WILL SUCCEED ANDY JASSY SOFTWARE
Selipsky currently runs data-visualisation software maker Tableau, owned by Salesforce, and is credited with quadrupling its value since joining in 2016. Matt McIlwain, a managing director with Madrona Venture Group in Seattle, who has closely monitored Amazons rise over the years told Bloomberg News that Andy Jassy brings the principles that have always been a part of whats made Amazon successful. It is not clear what kind of strategy Jassy will come up with in terms of tacking such serious issues.īezos is currently focusing on his other passions such as flying to space via his aerospace company, ‘Blue Origin’, and is also planning on investing more time and effort into other projects such as ‘Washington Post’, his media organisation along with his charity foundations – the ‘Bezos Day One Fund’ and the ‘Bezos Earth Fund’.Amazon has appointed its former executive Adam Selipsky to head up its cloud computing arm Amazon Web Services (AWS) replacing Andy Jassy.įollowing the announcement that AWS’ current head Jassy will replace Jeff Bezos as Amazon chief executive last month, Selipsky has now been confirmed as his successor in a memo sent to staff. Jassy has led some interesting projects at Amazon over the years. Jassy’s first and foremost job in India would be to re-establish the relationship with the Indian government. Jassy grew Amazon Web Services into a 40 billion business as its leader. It also faces several challenges from native giants and increasing revisions by the Indian government on foreign direct investment (FDI). Andy Jassy officially becomes CEO of Amazon on Monday, succeeding Jeff Bezos. However, everything changed after it faced stiff competition from ecommerce platform Flipkart. Amazon founder and chief executive Jeff Bezos has announced that he'll step down from the world's biggest online retailer to become executive chairman of the company this summer.
WHO WILL SUCCEED ANDY JASSY TV
Amazon entered into the country with its intention to sell books, films, TV shows, cameras and mobile phones. It was considered as the secret weapon for the company as numbers were not made public till 2015.Įven if there is so much talk around the disciplined work ethic of Jassy, his real test will happen when he enters India. This arm of Amazon provided the much needed revenue and capital required to engage in more investments, tie-ups and ventures as time went on and further opened many opportunities for selling cloud services to third-party vendors and other businesses. The new Amazon President and CEO has been at the tech company since he graduated college 24 years ago. Selipsky originally joined AWS in 2005 and. Before taking this pivotal role, Jassy was the CEO of the cloud computing firm Amazon Web Services (AWS). Tableau chief Adam Selipsky is rejoining Amazon Web Services (AWS) after several years away to succeed Andy Jassy as the public cloud giant’s CEO.
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