This is the best tl;dr I could make, original reduced by 75%. (I'm a bot)Consider the ways Amazon is changing industries as varied as product fulfillment, cloud computing and even the sale of cereals, fruits and vegetables.Amazon opened its warehouses to brands and merchants in 2006 with its Fulfillment By Amazon program.Merchants pay Amazon to store, pack and ship their products to customers, part of the $7.9 billion in revenue from third-party seller services the company racked up in the third quarter, an increase of 40 percent from a year earlier.Rather than buying their own servers and maintaining on-site data centers, companies pay Amazon Web Services for data storage and computing functions that they access via the internet.Amazon Go, a new convenience store in Seattle that lets shoppers check in with smartphones and leave without paying a cashier, is one of the company's latest attempts to redefine an industry."There's the possibility for another Amazon Web Services success where they come out of nowhere and hit a home run," said Kirthi Kalyanam, director of the Retail Management Institute at Santa Clara University.Summary Source | FAQ | Feedback | Top keywords: Amazon#1 company#2 store#3 care#4 new#5Post found in /r/worldnews and /r/u_Karliffin.NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
This is the best tl;dr I could make, original reduced by 75%. (I'm a bot)
Consider the ways Amazon is changing industries as varied as product fulfillment, cloud computing and even the sale of cereals, fruits and vegetables.
Amazon opened its warehouses to brands and merchants in 2006 with its Fulfillment By Amazon program.
Merchants pay Amazon to store, pack and ship their products to customers, part of the $7.9 billion in revenue from third-party seller services the company racked up in the third quarter, an increase of 40 percent from a year earlier.
Rather than buying their own servers and maintaining on-site data centers, companies pay Amazon Web Services for data storage and computing functions that they access via the internet.
Amazon Go, a new convenience store in Seattle that lets shoppers check in with smartphones and leave without paying a cashier, is one of the company's latest attempts to redefine an industry.
"There's the possibility for another Amazon Web Services success where they come out of nowhere and hit a home run," said Kirthi Kalyanam, director of the Retail Management Institute at Santa Clara University.
Summary Source | FAQ | Feedback | Top keywords: Amazon#1 company#2 store#3 care#4 new#5
Post found in /r/worldnews and /r/u_Karliffin.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
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