It’s Official: Andrew Jassy Beats Out Top Microsoft, Oracle Bosses To Be Named Most Powerful Person in Enterprise Tech
The largest bank in the United States is JP Morgan Chase. The big blue behemoth reportedly has around $2.5 trillion in assets. That’s a depressingly massive figure for those of us that still get excited by BOGO sales on cereal.
Despite the enormity of these holdings, however, JP Morgan Chase would need to add an additional trillion dollars to their portfolio in order to equal the amount that the enterprise sector is projected to spend on technology in 2017 alone.
That’s right, according to Gartner, businesses are going to be leveraging a collective $3.5 trillion toward technological innovation this year. This makes enterprise technology one of the most important components of our entire national economy. This sprawling kingdom of endless connections and steadily blinking LEDs is ruled over by the biggest luminaries in tech. One man, however, is standing head and shoulders above the rest.
His name is Andrew Jassy and if you don’t know who that is yet don’t worry; you will.
A Titan Among Giants
Jassy is the CEO of Amazon’s wildly successful cloud-computing wing known as Amazon Web Services. AWS has transformed how businesses structure their IT solutions by providing pay-as-you-go pricing for the use of servers that Amazon itself maintains and protects.
With Jassy at the helm, AWS has juggernauted to a 40 percent market share of the burgeoning cloud-computing industry which Gartner projects to be worth around $246 billion by the end of this year. This may only be a fraction of the trillions at stake in enterprise tech, but the public cloud space is doing something its cohorts are not: growing. Jassy’s domination of this highly sought-after segment has earned the cloud kingpin a top spot on a very prestigious list.
Yesterday, Business Insider published a ranking of the 52 “most powerful” enterprise tech executives. This list was a who’s who of Silicon Valley royalty. However, the top bosses from juggernauts like Oracle and Salesforce, Marc Benioff and Larry Ellison, only managed to be ranked third and fourth respectively. Even Satya Nadella — the CEO of Microsoft, which many consider to be the world’s most significant enterprise corporation — plateaued at second place. The top spot went to Jassy based on the amazing growth and jaw-dropping value of the public cloud service.
Changing of the Guard
Jassy’s presence at the very top of BI’s ranking is a boon not only to Amazon, but a confirmation of the public cloud’s importance in modern enterprise technology. In addition to Jassy, virtually every other member of the top 10 earned their spot due to some connection to public cloud computing. Top execs associated with Salesforce, Microsoft Azure, Oracle, Google Cloud Services and SAP all have their cloud components specifically called out as reasons for their high rankings on this list. In fact, every person in the top five is leading some type of cloud-focused institution right now.
The experiment is over. Public cloud is no longer the interesting new kid at school. It’s now the star quarterback, homecoming king and student council president.
People like Jassy are done tinkering away trying to build good products that will make the lives of big companies easier. They are now ruling over those big companies and with behemoths of their own.
The future is here, and you can have it for a small monthly fee.
