Here's what AWS chief Adam Selipsky told us ahead of re:Invent 2022

Join theCUBE live at re:Invent [Ahead of re:Invent, Adam Selipsky hints at the AWS next-gen cloud]( What’s going on at Amazon Web Services these days? What’s with the new CEO? What will we hear at re:Invent this year? We get these questions a lot, so recently our founding editor John Furrier sat down with AWS CEO Adam Selipsky at his office in Seattle to talk about its business, his vision, the new focus, new announcements and, as we’ve done with Amazon leadership for each of the past 10 years, what story will be at re:Invent, the company’s annual user conference that kicks off today. The solutions CEO Compared with last year, Selipsky’s first as CEO, he’s much further along in his command for the portfolio and deep into execution mode, product development, customer conversations and a personnel reshuffle -- all while riding what remains the biggest growth company in technology. He’s running an $82 billion annual revenue run rate business that’s now entering its next chapter in cloud, far beyond the compute and storage infrastructure that built it. I call it the next-gen cloud. Amazon.com Inc. the parent unit, is similarly beginning a new chapter in its growth, one where there’s a need for more than just new technology. Now it’s about business transformation using that technology. The first big chapter at AWS was led by Andy Jassy, now CEO of Amazon overall, who took on traditional, on-premises IT and invented cloud computing. With a strong product focus, he delivered core infrastructure building blocks and inspired his teams to innovate, often announcing well over a hundred new services and capabilities each year at re:Invent. Cloud computing is changing faster than ever thanks to continued data growth, advances in open source, and relentless silicon and compute instance technology advancements. Next-gen cloud transformations In short, more data, more code and more horsepower helped AWS become a global economic force for a new era in cloud computing. All that was a smashing success, one that SiliconANGLE, Wikibon, and theCUBE have covered for over a decade. So AWS already reinvented IT. Now its challenge is to help customers transform their businesses by becoming a foundation for independent software vendors, and new cloud-native platforms that promise to simplify application development, operational data across the enterprise, and deliver industry-specific solutions. Selipsky illuminates this recent customer focus on business transformation. “The biggest thing that I’ve seen in the past year and a half is that most often CEOs and CIOs want to speak with me on topics around transformation not around technology,” he says. What's next for AWS This won’t be easy, even for what remains the clear leader in cloud computing. The industry is changing rapidly and AWS’ agility will be tested. There is demand for next-generation cloud capabilities from startups to large companies looking to change how they do business. “The modern data stack is being re-imagined once again with cloud data stores like S3, Snowflake and Databricks becoming more of a platform layer that application companies build on,” says Matt McIlwain, founding partner at Madrona Venture Group and an original investor in Amazon. “While AWS and others will continue to offer substantive advances in the modern data stack, transformation will come from AWS and third-party applications that leverage foundation models and AI to disrupt legacy software sectors. And, more specifically, there will be a need for industry-focused solutions.” Join theCUBE at re:Invent for four days of live coverage and firsthand insights, starting November 28. [Join theCUBE live at re:Invent]( What to expect at AWS re:Invent: Join theCUBE live! With four days of live broadcast coverage across three sets, theCUBE brings you firsthand insights straight from the show floor at AWS' biggest annual conference. Exclusive interviews with tech's top leaders, real-time analysis and more. [Read more]( siliconangle.com [Re:Invent 2022 marks the next chapter in data and cloud]( The ascendancy of Amazon Web Services Inc. under the leadership of Andy Jassy was marked by a tsunami of data and corresponding cloud services to leverage data. Those services mainly came in the form of primitives – basic building blocks that were used by developers to create more sophisticated capabilities. 4 trends to watch: AWS in the 2020s AWS in the 2020s, led by Chief Executive Adam Selipsky, will be marked by four high-level trends in our view: 1) a rush of data that will dwarf anything previously seen; 2) a doubling or tripling down on the basic elements of cloud – compute, storage, database, security and the like; 3) a greater emphasis on end-to-end integration of AWS services to simplify and accelerate customer adoption of cloud; and 4) significantly deeper business integration of cloud, beyond information technology, as an underlying element of organizational operations. In this Breaking Analysis, we extract and analyze nuggets from [John Furrier’s annual sitdown]( the CEO of AWS. We’ll share data from Enterprise Technology Research and other sources to set the context for the market and competition in cloud, and we’ll give you our glimpse of what to expect at re:Invent 2022. [Read the full report]( [Top News: Editors' Picks]( [Cloud marketplaces transform how business software is bought and sold]( - [Cloud marketplaces, which are listings of complementary products and services that buyers can purchase from companies they do business with – grew at more than seven times the rate of total business-to-business e-commerce sales in 2021.]( - [Digital marketplaces aren’t new but have been slow to gain traction in the business software arena. Cloud computing – and SaaS in particular – have rewired expectations. Buyers now expect even complex software to be up and running in hours without large capital expenditures. And the growing ranks of digital-native business buyers have accelerated the demand for one-button simplicity.]( - [Amazon Inc. has been a trendsetter both in retail and in the cloud. Way back in 2000 it began allowing businesses of all sizes to sell products through its e-commerce site, collecting a commission for each sale while embellishing the reputation it hoped to build as a one-stop shop for everything. Third parties now account for about 60% of Amazon’s overall retail sales.]( [Catch up on the latest earnings reports from enterprise cloud providers]( - [SiliconANGLE and theCUBE provide regular reporting and analysis on earnings reports from all the major cloud platform providers, hyperscalers and SaaS players, with firsthand insights for IT decision makers.]( - [In his]( AWS re:Invent, our resident analyst Dave Vellante incorporates the latest from Amazon, Alibaba and other hyperscalers in an updated revenue forecast.]( - [Tech industry bellwether Dell Technologies Inc.]( Wall Street expectations]( its third quarter thanks to what it said were improved conditions in its supply chain that helped to offset weakness in the personal computer market. Even so, the company’s guidance for the next quarter came in shy of analysts’ expectations, sending its stock down slightly in extended trading. Dell’s shares, which fell just over 2% in the regular trading session, dropped by another 2% after hours. But shares were up more than 3% mid-morning Tuesday, the day following its earnings release. At the same time, the tech-heavy Nasdaq was up 0.5%, indicating a positive reception for Dell’s profitability news.]( [Follow all theCUBE's broadcasts!]( SiliconANGLE Media Inc. | [SiliconANGLE.com]( [View as Webpage]( [[Twitter] ]( [[YouTube] ]( [[LinkedIn] ]( SiliconANGLE Media Inc | 5 Mount Royal, Suite 280, Marlborough, MA 01752 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by communication@siliconangle.com powered by [Trusted Email from Constant Contact - Try it FREE today.]( [Try email marketing for free today!](