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With a market capitalization of $1.7 trillion, Amazon is today one of the world's most valuable companies. E-commerce and Amazon Web Services (AWS) are the twin pillars on which founder Jeff Bezos's ...

Amazon's biggest business by profitability, though, is its Amazon Web Services (AWS) cloud computing business. It's also its fastest-growing business, growing revenue by 19% last quarter.

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The service was launched on April 8th, 2010, by Amazon Web Services, which is a subsidiary of Amazon.com. AWS is a cloud computing platform that provides a wide range of services to individuals, ...

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