Last year, Amazon Web Services brought in more revenue than McDonald’s. The branch of the e-commerce company that deals in cloud-computing has long been seen as a financial life-preserver, but for a while it seemed to be plateauing. 2018’s $25.7 billion figure—up 47% from 2017—has to be a relief, especially at a time when all the tech giants are looking for ways to put our data out into the blue.
This is a useful breakdown of what is meant by ‘the cloud’. This includes explaining what Amazon Web Services does, background to the technology and where the cloud is actually located. Another interesting read on the topic is James Bridle’s New Dark Age.