Matt Garman, the new CEO of Amazon Web Services (AWS), is spending his first month meeting with teams and customers to understand their priorities. He is travelling to Silicon Valley to talk to startups and explore advances in generative AI. Garman is enthusiastic about the new technologies and the opportunities they present.
AWS sees a huge opportunity in the cloud computing market, with only 10-15% of global workloads migrated to the cloud. Many customers are looking to accelerate this transition to take advantage of emerging technologies such as generative AI. Migration to the cloud enables businesses to store their data securely, facilitating innovation and value creation.
Generative AI is already a multi-billion dollar market for AWS. Companies are looking to move beyond simple chatbots to generate real business value. Garman predicts that generative AI will transform many industries in the coming years, fundamentally changing the way businesses operate and interact with their customers.
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