×
1 857
Fashion Jobs
TK MAXX
Loss Prevention Officer - tk Maxx Bristol
Permanent · Bristol
LONDON CONTOUR EXPERTS
Marketing Executive/Junior Manager
Permanent · LONDON
ESTÉE LAUDER
Tom Ford - Business Manager - Flannels - Fosse Park, Leicester - 37.5 Hours - Full-Time - Permanent
Permanent · Leicester
VF INTERNATIONAL
International Account Coordinator - Ftc 12 Month
Permanent · NOTTINGHAM
TIMBERLAND
Credit Controller - German Speaking - Timberland
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - Italian Speaking - The North Face
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - French Speaking - The North Face
Permanent · CALVERTON
PINKO
Supervisor
Permanent · MANCHESTER
RALPH LAUREN
Operations Manager
Permanent · Cheshire
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis - 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - House of Fraser, Maidstone - 15 Hours - Part Time, Permanent
Permanent · Maidstone
ESTÉE LAUDER
Clinique - Consultant - Boots, Princes Street, Edinburgh - 14 Hours - Part Time - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
HUGO BOSS
Wholesale - Senior Sales Executive - Hugo Womenswear
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Edinburgh - 16 Hours - Part Time, Permanent
Permanent · Edinburgh
SHISEIDO
Marketing Director - Shiseido, Clé de Peau Beauté, Drunk Elephant
Permanent · London
REISS
Buying Admin Assistant
Permanent · LONDON
Advertisements
By
Reuters
Published
Nov 13, 2014
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Amazon to keep investing in cloud despite margin pressure

By
Reuters
Published
Nov 13, 2014

LAS VEGAS, USA - Amazon.com Inc plans to build data centres in every large country over time as part of a broader investment push that will eventually make the Internet retailer's cloud computing arm the largest part of its business.

In a roundtable with reporters on Wednesday, Amazon Web Services chief Andy Jassy did not provide a timetable for these investments in the AWS unit, which provides Internet-based computing and data management to corporate clients.

An Amazon operations centre | Photo: Amazon


Jassy added that the Internet retailer intends to continue investing in AWS, despite investors' concerns it was spending too much and sacrificing margins.

"We are prepared to invest as much as it takes to grow the business," Jassy told reporters. He added that Amazon plans to build data centres in "virtually every large country" over time.

Amazon stunned investors after missing quarterly results expectations across the board last month, including for margins, revenue and net loss. Investors who had long overlooked its streak of quarterly losses are worried that growth is peaking for Amazon.

Building data centres around the world is an expensive endeavour. In U.S. government filings this year, Amazon said it would invest at least $1.1 billion over three years to build a data centre in central Ohio in exchange for tax breaks.

Jassy told reporters that this cost estimate for building a data centre was "wrong, by a lot" but declined to say how much Amazon spends on building each centre.

Amazon Web Service pioneered the model of providing Internet-based computing power to corporations that did not or could not invest in it, and is viewed as one of the company's most prized assets. But its head start has narrowed, as Google Inc, Microsoft Corp and a host of other technology companies have invested heavily.

Jassy said on Wednesday that high barriers to entry would limit the pool of competitors over time.

"It turns out, scale matters a lot," he told reporters on the sidelines of Amazon's third annual AWS conference in Las Vegas.

1 USD = 0.634180 GBP

© Thomson Reuters 2021 All rights reserved.