Amazon: A technological empire that dominates global markets
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Amazon is one of the world's largest trading companies, crossing the boundaries of e-commerce to become an influential force in many areas such as cloud computing, artificial intelligence, and modern technology.
Amazon started as an online bookshop in 1994, but it quickly turned into a multi-service platform, bringing it to the forefront of companies that shaped the features of today's digital economy.
Amazon was founded by Jeff Bezos in Seattle, Washington, as an online bookshop, and despite the challenges it faced in its early days, the company has been able to spectacularly expand to now thousands of products across its platform.
Consumers can buy anything from books and electronic devices to apparel and household equipment via the website, making Amazon the first choice for many online shoppers.
Beyond e-commerce, Amazon has been able to expand into several new areas in which it has achieved tremendous successes, including:
Cloud computing services (AWS), which are Amazon's main profitability engine, offer cloud solutions to many major companies around the world.
Amazon Prime, a paid subscription service that offers many benefits such as free shipping, and access to entertainment content via Amazon Prime Video.
AI through the development of Alexa (Smart Personal Assistant), Amazon successfully introduced AI into homes and work environments.
Amazon is not only investing in its traditional fields, it is always striving to expand its horizon through continuous innovation. Among future innovative projects is drone connectivity, where Amazon seeks to develop drone delivery services, a project aimed at improving the speed of shipping and reducing costs.
Also among its innovative future projects are Amazon Smart Stores, and Don Cashier stores that allow customers to shop and pay using their phones only, allowing for an innovative and easy shopping experience.
Experts expect Amazon to continue to grow significantly in the coming years, especially in the field of cloud computing and artificial intelligence, and its services such as AWS and Amazon Prime are expected to remain a key part of its business model.