Cloud computing service providers generated $270 billion in revenues last year, concentrated among a few giants.
How do the big tech giants make their money? This series of graphics shows a breakdown of big tech revenue, using Q2 2022 income statements.
Amazon is best known for its sprawling ecommerce empire, but three-quarters of the company's profits actually come from cloud computing.
Amazon's shipping costs have surged to over $150 billion - a number that has almost doubled since the start of the pandemic.
Do you watch Netflix or use Facebook? If so, then you are indirectly leveraging Amazon's incredible scale and dominance of the cloud.
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