In the wake of the 4th annual Amazon Web Services (AWS) user conference, AWS has finally emerged as a leader in cloud infrastructure and platform services. AWS now has over 1 million active customers and year-over-year growth in EC2 instances, data transfer, and database use that is close to 100% as of 2015 Q2. AWS did $4.6 billion in revenue in 2014 and expects to see $7.3 billion by the end of 2015 which is close to 60% growth. Amazon is now adding over $1 billion in new revenue per quarter. It’s rare to see these kinds of growth rates in a business that is closing in on 10 years old. This shows the transformative effect that cloud services are having on the IT business.