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Amazon's Cloud Is One of the Fastest-Growing Software Businesses in History

Five billion dollars.

That’s how much Amazon.com will rake in from its cloud computing business this year, according to a new estimate from Pacific Crest Securities. If true, it’s an incredible figure. It would mean that Amazon’s cloud revenue shot up 58 percent in a single year, from $3.1 billion in 2013. In a research note, Pacific Crest says it expects the business to keep growing at a clip, with revenue hitting $6.7 billion in 2015. (Amazon does not break out its cloud revenue figures.)