The ninth edition of AWS annual event re:Invent has kickstarted on November 30, albeit virtually. This three-week event began with the keynote address from AWS CEO Andy Jassy, where he informed his listeners about making a $46billion revenue run rate as per Q3 2020 and achieving a YoY growth rate of 29% Q3 2019 vs Q3 2020.

His slightly over three-hour address was filled with some of the most important product and services announcements. Apart from these announcements, Jassy also made a few noteworthy remarks. We list some of the most memorable quotes here.

AWS’ Exponential Growth Over Years

Jassy started his keynote, giving an insight into the growth of AWS over the years. Pondering over the relatively slower progress in the initial days, he said, “It took us 123 months a little over 10 yrs to go to a 10 billion dollar business…”

Having said that, Jassy then stated that the growth accelerated with time. He said that it took the company took the next 23 months to reach a 20 billion revenue, 13 months to reach 30 billion, and then only 12 months to reach 40 billion mark.

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