AWS growth slows further by persistent macroeconomic uncertainty
CIO
FEBRUARY 3, 2023
Revenue growth at Amazon’s cloud computing division, Amazon Web Services, continued to slow in the fourth quarter as enterprises advanced their cost-cutting measures, brought on by uncertain macroeconomic environment. In January, AWS revenue growth was in the mid-teens, the CFO added. and 33% growth seen in Q3 and Q2 respectively.
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