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Amazon AWS Backlog Reaches $578 Billion, Growing Faster Than Revenue
(2 hours ago) · 1 source · Summarized by CryptoBipto
Amazon Web Services has accumulated a backlog of $578 billion in contracted but unfulfilled orders, with the backlog growing at a pace that exceeds its current revenue growth. This gap between committed contracts and delivered services highlights the scale of demand for cloud infrastructure.
WHY IT MATTERS
Cloud computing services like AWS are the behind-the-scenes infrastructure that powers much of the internet, including many cryptocurrency exchanges, blockchain networks, and crypto applications.
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SOURCES
- beincrypto.com
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