AMZN - Could Twilio Become the Next Amazon?
2024-01-20 03:49:00 ET
Twilio (NYSE: TWLO) and Amazon (NASDAQ: AMZN) can be considered the David and Goliath, respectively, of the cloud services market. Twilio's cloud platform processes text messages, voice calls, and videos for mobile apps. Instead of building those features from scratch, developers can outsource those features to Twilio with a few lines of code.
Amazon's cloud platform, Amazon Web Services (AWS), is the world's largest cloud infrastructure platform. Its customers can rent computing power and storage from its platform instead of buying lots of servers or building their own data centers. AWS also integrates other data processing and development tools into its platform.
Twilio was notably co-founded by Jeff Lawson, who helped develop the technology that would eventually evolve into AWS during his time as a technical product manager at Amazon. During his time at Amazon, Lawson recognized the growth potential of dedicated cloud services for mobile apps -- and that idea became the basis for creating Twilio.
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Could Twilio Become the Next Amazon?