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article imageAmazon in the Service biz

By Thespian     Nov 9, 2006 in Business
Amazon founder talks about why Amazon is getting intot he service business, rather than just selling material goods.
Jeff Bezos has some interesting takes on why services like S3 (online data storage) and EC2 (online computer processing time rental) are the future for Amazon in addition to their book business. My favorite quote:
Bezos on Amazon’s biggest costs: “Our biggest cost is not power, or servers, or people. It’s lack of utilization. It dominates all other costs.”
More about Amazon, Books, Web, Service
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