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Amazon to increase focus on data storage business in India

Updated : December 13, 2018 22:07:04 IST

It has been a good year for  $27-billion cloud business of Amazon. Amazon Web Services (AWS) has tripled its revenues in India and turned around its losses from the previous fiscal.

Retail giant Amazon's Cloud arm AWS is an undisputed Public Cloud leader with 51.8 percent share in cloud infrastructure market globally, followed by Microsoft at 13.3 percent and Alibaba at a distant 4.6 percent.

The company registered $27 billion in revenue and 46 percent growth (year-on-year) globally.
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