Amazon Web Services Expected To Hit $1.5 Billion In Revenues For 2012

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http://techcrunch.com – Amazon Web Services (AWS) is expected to earn $1.5 billion in revenues this year, but overall the organization still remains under-appreciated as a core asset of Amazon.com. But that may change this week as AWS holds its first conference in Las Vegas. The event should give more attention to an organization that has had arguably the deepest impact on IT and the enterprise software market. According to Investor’s Business Daily (IBD), the estimated revenues come from a report by Analyst Colin Sebastian of R.W. Baird, who also highlighted the challenge that AWS faces with deeper competit (IT news)