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Citigroup values AWS sales at $650M in 2010

Citigroup estimates Amazon Web Services (AWS) will hit sales of $650 million in 2010, according to a recent article in Businessweek on the prospects for the cloud computing leader.

Amazon does not break out its AWS revenue, but its headstart and leadership position in cloud computing mean that any indicators on how this business is doing are a helpful data point for the rest of the industry.

So far, companies using AWS are typically in the high performance computing space, it’s pharmaceutical firms, oil and gas, financial services and academic institutions. Also, web retailers and startups are early adopters.

We’d like to hear feedback from any organization that’s testing AWS or using it on and ongoing basis to help shape our coverage of this topic on SearchCloudComputing.com.

You can reach me at jmaitland@techtarget.com.

Cheers,

Jo

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