Amazon proves that cloud computing is a profitable business by achieving approximately 30 % net profit margin on Amazon Web Services, its cloud computing business.
This contrasts with Amazon's barely profitable US online merchandising business and consistently loss making international online sales business.
So cloud computing is really profitable if executed correctly. Most young technology start ups are loss making, even though many of them are unicorns or valued at 1 billion USD or more.
So cloud computing, which is slowly permeating every area of every day life and IT technology, could be the solution for profit making business endeavours for young technology start ups.
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