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Market
AWS Market Position in Cloud Services by End of 2024
5
Resolution / Starting Odds
Stronger Position • 33%
Unchanged Position • 34%
Weaker Position • 33%
Market analysis reports and cloud service industry rankings
Story
AWS CEO Adam Selipsky to Step Down June 3, Matt Garman Named Successor; Amazon Stock Dips
May 14, 2024, 01:43 PM
Adam Selipsky, the CEO of Amazon Web Services (AWS), is stepping down from his role. According to an internal email from Amazon CEO Andy Jassy, Selipsky made the decision to spend more time with his family. Under Selipsky's leadership, AWS focused on helping customers become more efficient in their spending, even at the cost of short-term revenue. AWS reached $100B annualized revenue during his tenure. Matt Garman, a 17-year Amazon veteran and current AWS sales chief, will replace Selipsky as CEO effective June 3. Garman has been a key figure in AWS, having reorganized a 60,000-person organization earlier this year. The announcement, first reported by The Verge, has led to a dip in Amazon's stock price.
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AWS increases market share • 33%
AWS market share remains stable • 33%
AWS loses market share • 33%
Remains the same • 33%
Increases • 33%
Decreases • 33%
Increases by 2% or more • 33%
Decreases by 2% or more • 33%
Remains within 2% of current share • 33%
Yes • 50%
No • 50%
Increase by more than 2% • 25%
Increase by less than 2% • 25%
Decrease by less than 2% • 25%
Decrease by more than 2% • 25%
Google Cloud • 33%
Oracle Cloud • 33%
AWS • 33%
AWS grows faster • 50%
AWS grows slower • 50%