• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Coins2Day 500

This Amazon Cloud Exec Is Leaving

Barb Darrow
By
Barb Darrow
Barb Darrow
Down Arrow Button Icon
Barb Darrow
By
Barb Darrow
Barb Darrow
Down Arrow Button Icon
August 16, 2016, 8:30 AM ET
microsoft cloud and walmart to compete against amazon web service
HANOVER, GERMANY - MARCH 14: Visitors arrive at the cloud pavillion of Amazon Web Services at the 2016 CeBIT digital technology trade fair on the fair's opening day on March 14, 2016 in Hanover, Germany. The 2016 CeBIT will run from March 14-18. (Photo by Sean Gallup/Getty Images)Sean Gallup/Getty Images

Adam Selipsky, the executive in charge of sales, marketing, and business development at Amazon’s cloud computing juggernaut, is leaving the company.

The news was first reported by The Information and then confirmed by Amazon, which thanked Selipsky for his service in a statement.

Selipsky joined Amazon in 2005 after six years at RealNetworks (RNWK). That was the year before the company launched its inaugural cloud product called Simple Storage Service. The idea behind S3 was to enable companies to store their data on Amazon-owned gear and pay for just the capacity they used. That was a groundbreaking alternative to the old model that required them to buy and maintain storage boxes to run in their own data centers. In quick succession, Amazon added cloud servers and other products to the mix.

In the ensuing decade, Amazon Web Services (AWS) grew from an interesting set of geeky products beloved by startups that wanted to pay just for the amount of computing power, storage, and networking needed, to a full-on competitor to tech juggernauts that sell to the biggest Coins2Day 500 accounts.

Those incumbents, which include IBM(IBM), Microsoft[/f500], the old [hotlink]Hewlett-Packard (HPQ), Oracle, IBM (IBM), Cisco (CSCO), Microsoft, and VMware (VMW) are still scrambling to make up ground, with cloud efforts of their own.

How Amazon Took Over the Cloud:

For the second quarter ending June 30, AWS reported operating income of $863 million on sales of nearly $2.9 billion, up 58% year over year.

Get Data Sheet, Coins2Day ’s technology newsletter.

The news of Selipsky’s exit came just a week after Coins2Day reported that Adam Bosworth, a serial tech exec with stints at Microsoft (MSFT), BEA Systems (now Oracle (ORCL)), Google (GOOG), and Salesforce (CRM), is assuming a senior role at AWS. It is doubtful, however, that Bosworth would assume Selipsky’s duties. He is seen as more of a”tech-and-vision” person than a sales and operations guru.

About the Author
Barb Darrow
By Barb Darrow
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.