"Before, companies and startups had to lay up all this capital for data centers and servers, and take your scarce resource, which in most companies is engineers, and have them work on the undifferentiated heavy lifting of infrastructure. What the cloud has done is completely flipped that model on its head so that you only pay for what you consume."

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About Andy Jassy

Andy Jassy is an American business executive and chief executive officer of Amazon, previously leading Amazon Web Services.

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