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This story initially appeared on Enterprise Insider

Amazon Internet Providers CEO Andy Jassy despatched a memo to workers Tuesday evening after information broke that he would change Jeff Bezos as Amazon’s CEO later this yr.

The New York Occasions journalist Kara Swisher obtained the memo and shared it on Twitter late Tuesday.

“It is exhausting to overstate how a lot I’ve realized from Jeff over the previous 24 years,” Jassy wrote within the memo. He cited “how a lot I obsess over prospects” in addition to “the significance of inventing and looking out round corners,” “hiring and growing nice individuals,” and “the worth of excessive requirements and persistently speedy, excellent supply.”

Bezos’ mantra of “buyer obsession” is broadly quoted at Amazon.

Jassy talked about Amazon’s cloud enterprise, Amazon Internet Providers, the division he has headed up and constructed since he joined the corporate in 1997.

“With the meat of enterprise and public sector adoption beginning to occur now, we’ve an opportunity to construct a really uncommon, long-term enterprise,” Jassy wrote.

“One of many superb issues about AWS and Amazon is that we’re nonetheless such a small general share of the market segments wherein we handle. It is nonetheless very early days,” he added.

AWS was the highest cloud supplier within the fourth quarter of 2020, commanding 31% of the market and totaling greater than the following two largest cloud suppliers mixed, in line with knowledge from the analytics agency Canalys.

Jassy stated nothing would change for AWS within the quick time period and didn’t identify who would change him because the division’s CEO. “We have now loads of time to find out within the coming weeks who will lead the AWS enterprise once I assume the brand new position,” he stated.

This is the complete textual content of the memo:

Hey Crew. I am assuming most of you noticed the information from Jeffb at present that he’ll be transitioning to Government Chairman in Q3, and that I’ll transfer into the position of CEO of Amazon at the moment.

I am excited for Jeff and sit up for watching his subsequent chapter unfold. Appears a fairly good wager that it will be one thing particular. It is exhausting to overstate how a lot I’ve realized from Jeff over the previous 24 years  — from how a lot I obsess over prospects, to the significance of inventing and looking out round corners, to the criticality of hiring and growing nice individuals, to the worth of excessive requirements and persistently speedy, excellent supply. I’m grateful for the chance to steer Amazon, and enthusiastic about what the longer term holds for the Firm.

AWS was the highest cloud supplier within the fourth quarter of 2020, commanding 31% of the market and totaling greater than the following two largest cloud suppliers mixed, in line with knowledge from the analytics agency Canalys.

Jassy stated nothing would change for AWS within the quick time period and didn’t identify who would change him because the division’s CEO. “We have now loads of time to find out within the coming weeks who will lead the AWS enterprise once I assume the brand new position,” he stated.

This is the complete textual content of the memo:

Hey Crew. I am assuming most of you noticed the information from Jeffb at present that he’ll be transitioning to Government Chairman in Q3, and that I’ll transfer into the position of CEO of Amazon at the moment.

I am excited for Jeff and sit up for watching his subsequent chapter unfold. Appears a fairly good wager that it will be one thing particular. It is exhausting to overstate how a lot I’ve realized from Jeff over the previous 24 years  — from how a lot I obsess over prospects, to the significance of inventing and looking out round corners, to the criticality of hiring and growing nice individuals, to the worth of excessive requirements and persistently speedy, excellent supply. I’m grateful for the chance to steer Amazon, and enthusiastic about what the longer term holds for the Firm.

I am additionally enthusiastic about what the longer term holds for AWS. Like the remainder of Amazon, AWS is in an excellent spot. At a $51B income run charge, rising 28% YoY [year on year], and with the meat of enterprise and public sector adoption beginning to occur now, we’ve an opportunity to construct a really uncommon, long-term enterprise. And extra importantly, we proceed to assist hundreds of thousands of latest and current prospects not solely rework their very own corporations, but in addition complete industries. One of many superb issues about AWS and Amazon is that we’re nonetheless such a small general share of the market segments wherein we handle. It is nonetheless very early days.

Nothing is altering within the quick time period because it pertains to AWS. You may be caught with me till Q3; and even after that I’ll at all times be passionate and related to AWS. We have now loads of time to find out within the coming weeks who will lead the AWS enterprise once I assume the brand new position. We are going to share these particulars sooner or later. We have now uncommon management depth in AWS that, together with all of you, are the guts of the enterprise — and that does not change. Within the meantime, keep giddied up — we’ve so many shoppers needing our assist to remodel and achieve what they’re making an attempt to do. We cannot be bored any time quickly :-).

Andy



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