Amazon Cloud Chief (Politely) Attacks HP, IBM Oracle Profit Margins
Without mentioning HP, IBM and Oracle by name, Amazon Web Services Senior VP Andy Jassy found a creative way to attack those three companies and their big on-premises profit margins.
November 29, 2012
![Amazon Web Services Senior VP Andy Jassy Amazon Web Services Senior VP Andy Jassy](https://eu-images.contentstack.com/v3/assets/blt10e444bce2d36aa8/blt3d92bb7ce7190091/652480137f88f5805877526f/Amazon_Jassy_0.jpg?width=700&auto=webp&quality=80&disable=upscale)
Amazon Web Services Senior VP Andy Jassy
Amazon pointed to this quote from HP CEO Meg Whitman in October 2012, when she assured investors that the company would regain its high-margin form.
Amazon pointed to this quote from IBM’s CFO as evidence that Big Blue is addicted to higher-margin IT solutions.
And Amazon pointed to this quote from Oracle’s CFO as evidence that “engineered systems” will remain a high-margin bet.
SAP President and Corporate Officer Sanjay J. Poonen took to the stage and described how his company was betting heavily on Amazon Web Services.
SAP President and Corporate Officer Sanjay J. Poonen took to the stage and described how his company was betting heavily on Amazon Web Services.
By samdizzy
Without mentioning Hewlett-Packard (NYSE: HPQ), IBM (NYSE: IBM) and Oracle (NASDAQ: ORCL) by name, Amazon Web Services Senior VP Andy Jassy found a creative way to attack those three companies and their big on-premises profit margins. Jassy's key point: AWS is a high-volume, low-margin business that will continue to disrupt traditional hardware and software companies.
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