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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