Amazon Web Services (AWS), the cloud computing division of Amazon, achieved 64 percent growth in revenues to $2.56 billion in Q1 2016.
Operating income of AWS has more than tripled to $604 million.
Amazon revenues rose 28.2 percent to $29.13 billion.
Web services, launched 10 years ago, delivered more profit in the first quarter than Amazon’s retail business. Research firms say AWS has more than 30 percent of the fast-growing cloud-computing market and it remains far ahead of rivals including Microsoft and Google.
Synergy Research Group says Amazon Web Services (AWS) dominates the cloud infrastructure services market with a 31 percent market share.
Microsoft, IBM and Google in aggregate accounted for 22 percent of the market, while the next 20 top-ranked cloud providers accounted for another 27 percent.
The good news for Microsoft and Google is that they both achieved growth rates of well over 100 percent so they are at least slowly gaining some ground on the market leader.
Amazon Web Services announced Amazon Lumberyard, a free, cross-platform, 3D game engine for developers to create the highest-quality games, connect their games to compute and storage of the AWS Cloud, and engage fans on Twitch.
AWS announced AWS Database Migration Service, a managed service that allows customers to migrate their production Oracle, SQL Server, MySQL, MariaDB, and PostgreSQL databases from on-premises data centers to any of these engines or Amazon Aurora on AWS with no downtime. Customers used the AWS Database Migration Service to move more than 2,000 databases to the AWS Cloud.
AWS announced Amazon Inspector, an automated security assessment service that helps customers improve the security and compliance of their applications deployed on Amazon Elastic Compute Cloud (Amazon EC2).
AWS enhanced its block storage service, Amazon Elastic Block Store (Amazon EBS), announcing two new low-cost hard disk drive (HDD)-backed storage options. Amazon EBS Throughput Optimized HDD (st1) and Cold HDD (sc1) volumes deliver consistent baseline performance.