Meet Andy Jassy who will be the next Amazon CEO

Andy Jassy who joined Amazon in 1997 as a marketing manager and made its Cloud arm Amazon Web Services AWS a distinct leader will take over as Amazon CEO in about six months and for him more enterprises need to unlock digital transformation and begin their Cloud journey postpandemicIn 2003 Jassy founded Amazon Web Services AWS with a team of 57 people and in April 2016 he was promoted from senior vice president to the CEO of AWSToday AWS has nearly a 50 billion annual run rate and is growing exponentiallyThe Cloud arm of ecommerce giant Amazon is now the fifth largest enterprise IT company in the world ahead of companies like SAP and Oracle driven by the growth of cloud computing in the infrastructure technology space especially in the pandemic timesIf you look at AWS as an example to grow to a 46 billion revenue run rate with 29 per cent yearoveryear growth meant we had to grow at an incremental 10 billion in the last 12 months to get there that is much larger than youll see elsewhere in the cloud Jassy said in December during the annual Re Invent conferenceIt took us 123 months or a little over 10 years to grow to a 10 billion business Then it took us 23 months to go from 10 to 20 billion and 13 months to go from 20 to 30 billion and then just 12 months to go from 30 to 40 billion he notedAccording to Gartners recent market segment analysis AWS continues to have a very significant Cloud market segment share at about 45 per cent more than double that of the secondplaced providerAccording to him whether it is compute storage database analytics machine learning IoT or robotics you get a lot more functionality natively on AWS than anywhere elseWe have a much broader partner ecosystem than other players he said recentlyBorn on January 13 1968 Jassy graduated from Harvard College where he was advertising manager of The Harvard Crimson before earning an MBA from Harvard Business SchoolHe is also one of the minority owners of the Seattle Kraken in the National Hockey LeagueA shy guy like Bezos in his Twitter bio Jassy describes himself as married and the father of two kidsHe is also a selfproclaimed big sportsmusicfilm fan and an experienced buffalo wings eater For him India is one of the fastest growing marketsIn 2018 he said that the AsiaPacific region has huge potential to write the next growth story for Amazon Web Services AWS with India playing a key role in Cloud adoption among both enterprises and the governmentsThe business in the AsiaPacific region is very broad and is growing very quickly The business is growing rapidly in China India Singapore Australia and SouthEast Asian countries he said during a press conferenceThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever