ICT

AMAZON INC.

Company Profile Analysis

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AMAZON INC. - ICT showcase

Year Founded & Workforce

1993-12-31

566,000 Employees

Industry

ICT

Services

A

AMAZON INC. Overview

Company Headquarters: US

Founded: 1994

Workforce: ~5,66,000

Company Overview: Amazon is an American cloud computing and e-commerce company and the largest internet retailer in the world in terms of sales and market capitalization. The company operates through three segments: North America, International, and Amazon Web Services (AWS). Operating in North America and international markets, Amazon offers services through its websites and enables app developers, authors, filmmakers to publish and sell content via its branded websites. The international segment primarily consists of retail sales of consumer products and subscriptions through focused websites. The Amazon Web Services segment consists of sales of computing, storage, database, and other service offerings for start-ups, enterprises, government agencies, and academic institutions. AWS cloud provides networking & databases, storage options, and computing power infrastructure services. AWS announced more than 1400 services and features including Amazon SageMaker that can be used by the developers to build sophisticated machine learning models. AWS is one of the subsidiaries of Amazon.com, Inc. Few other subsidiaries of Amazon.com, Inc. are Audible, Zappos, Amazon Books, and Alexa Internet.

Strategy

Amazon’s strategy is based on leveraging its technological capabilities for business success. The company is persistent in its research and development activities to develop its machine learning platform SageMaker with new reinforcement learning capabilities. Furthermore, it follows a cost leadership strategy aimed at offering maximum value to its customers at the lowest price. To increase its sales, it focuses on improving all aspects of customer experience, including affordability, ease of use, and reliability. To enhance its corporate network and increase its technical expertise, Amazon acquires and builds partnerships with several technology giants. It has set several strategic priorities that would drive growth and improve revenue in the upcoming years. The company applies product development as a supporting strategy for its business growth.

Company Snapshot

$88.98M

Revenue

566,000

Employees

1993-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Leadership in E-commerce market segment
  • Strategic collaborations and acquisition
  • Innovations in artificial intelligence and machine learning technologies
  • Leadership in the e-commerce segment
  • Strategic collaborations and acquisitions
  • Diverse industry expertise
  • Regional diversity
  • Leadership in E-commerce segment
  • Largest online retailer
  • Revenue growth
  • Strong distribution channel network
  • Leading online retailer
  • Strong logistics and distribution network
  • Strong brand image
  • Diversified business segments
  • Large customer base

Weaknesses

  • Patent infringement issues
  • Less brick and mortar presence
  • Limited brick and mortar presence
  • Huge penalties in lawsuits
  • Patent infringement issues affecting stakeholder confidence
  • Declining liquidity
  • Operates in a zero-margin business model
  • Limited presence in developing regions such as Asia-Pacific and Middle East & Africa

Opportunities

  • Global expansion
  • Strategic partnerships
  • Global operations in cloud computing
  • Regional expansion programs
  • Growing demand for cloud computing services
  • Increase in online retail sales in the US
  • Strategic initiatives
  • Commence its own payment gateway
  • Marketing of more products under its brand name
  • Scope to expand in Asia-Pacific due to the rising disposable income levels

Threats

  • Strong competition
  • ▪ Cyber security threat
  • Risk of foreign exchange fluctuations
  • Cyber threats
  • Risks evolving technological innovations
  • Cyber threats and security breaches
  • Market competition
  • Intense competition
  • Stringent regulations
  • Seasonality Changes
  • Cybersecurity threats
  • Intense market competition
  • Technological advancements by competitors

Key Developments

DateApproachDevelopment
June 2019Product LaunchAmazon.com, Inc. announced plans to start drone delivery to customers to reduce delivery time and offer enhanced services to customers.

Product Offering

  • AMAZON INC.
    • Amazon GuardDuty
    • Amazon Inspector
    • Amazon Macie
    • AWS Config
    • Amazon Detective
    • AWS IAM Access Analyzer
    • AWS Nitro Enclaves
    • Online Payment Gateway
    • Cloud Computing
    • App Analytics
    • Drone Delivery
    • Machine Learning

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles AMAZON INC. as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

AMAZON INC.

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