In the second quarter, about 40 percent of the $16.77 billion in capital investments that the Amazon parent company made – or around $6.71 billion – was earmarked for AWS, and Olsavsky said on the call that in 2022, that rate would rise to 50 percent. But it is about as close as spending somewhere around $120 billion since AWS was founded can make it look infinite. What AWS does not have, even though it sells the perception of it, is infinite capacity. All the time, these regions and zones have truckloads of servers, storage, and switching coming into the datacenters that comprise the zones, which have redundancy built in because that is how modern datacenters work. This makes sense, since existing zones have existing customers that are increasing their usage (on average) and then new customers come in on the existing regions and zones (adding to the revenue stream), and then AWS brings on the new regions and zones. That is a 31 percent increase in regions and a 29 percent increase in availability zones, which is a little bit less than the revenue growth rate AWS currently has. As Brian Olsavsky, chief financial officer at Amazon, pointed out to Wall Street in a conference call going over the numbers for the second quarter of 2022, AWS has 84 availability zones in 26 geographic regions, and it is planning to add eight more regions with 24 additional availability zones. Suffice it to say, Amazon Web Services is clearly and cleanly an IT provider, it is big, and it is embiggening every day. A lot depends on where you want to draw the lines between consumer computing and datacenter. AWS should surpass Lenovo this year and Dell before too long, and over the longest of hauls AWS has a good chance to catch Microsoft it has already blown by IBM, Hewlett Packard Enterprise, and Cisco Systems. Amazon Web Services is not the largest IT supplier in the world, but it is well on its way to attaining that position as it has notched up another quarter of growth in what is a tough economic climate.

2 cloud money