Amazon cloud capacity sold out through 2027, CEO Jassy says Reuters
Amazon cloud capacity sold out through 2027, CEO Jassy says - Reuters
In short
Amazon has sold out its cloud capacity for the next seven years, with 2027 and 2028 being the first years customers will need to wait for access to cloud services. This is due to the company's ongoing expansion plans and the need to ensure future scalability. The CEO, Andy Jassy, emphasized that Amazon will continue to increase its cloud capacity as needed, but customers should prepare for potential delays.
Key points
- Amazon's cloud capacity is sold out for the next seven years.: Amazon's cloud capacity is sold out for the next seven years.
- Customers will need to plan ahead and be prepared for potential delays.: Customers will need to plan ahead and be prepared for potential delays.
- Amazon will continue to expand its cloud capacity as needed.: Amazon will continue to expand its cloud capacity as needed.