AWS CEO says the move to cloud computing is only just getting started [CNBC]
FactSet Research Systems Inc. (FDS)
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“Essentially, IT is going to move to the cloud. And it's going to take a while. You've seen maybe only, call it 10% of IT today move. So it's still day 1. It's still early. … Most of it's still yet to come,” he said. AWS CEO says the move to cloud computing is only just getting started Cloud computing is in its beginning stages and will only continue to grow, Amazon Web Services CEO Adam Selipsky told CNBC's Jim Cramer on Tuesday. “It's possible that AWS could become the largest business at Amazon. Now, Amazon has other large and great businesses, and so it could take a while for us to get there,” Selipsky said in an interview on “ Mad Money .” “Essentially, IT is going to move to the cloud. And it's going to take a while. You've seen maybe only, call it 10% of IT today move. So it's still day 1. It's still early. … Most of it's still yet to come,” he added. The cloud business' revenue in the first quarter beat the consensus among analysts polled by StreetAccount, accountin
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