Veytics Intelligence
2026-10-29 · Yahoo

'Workloads are moving': Amazon's Jassy says AWS still growing amid cloud move

During Amazon's (AMZN) Q3 earnings call, CEO Andy Jassy said Amazon Web Services is still growing as more companies continue to migrate to the cloud. Video Transcript 00:00 Speaker A There are many examples that illustrate our progress in AWS, but I'll share a few. 00:04 Speaker A On the core side, it's important to remember that the vast majority of global IT spend, about 85%, is still on premises. 00:11 Speaker A And we're in a 10 to 20 year cycle where that equation will flip to the cloud.

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