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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, April 30, 2021

Amazon Anticipates Slow Down

For the first quarter of 2021, Amazon reported a 41% year-on-year increase in sales to 108.5 billion US dollars at constant currencies. For the current quarter, it expects to report sales of between 110 billion and 116 billion dollars - year-on-year growth of between 24% and 30%. This guidance anticipates a favourable impact of approximately 200 basis points from foreign exchange rates. 

As it benefits from the pandemic-induced demand for digital commerce, Amazon is enhancing its delivery capabilities. It is fitting delivery vehicles with camera safety technology and artificial intelligence to capture real-time data (such as following safe distance and road conditions) to identify at-risk driving events. "When this technology was piloted in 2020 on over two million miles of delivery routes, crashes decreased 48%, stop sign violations decreased 20%, driving without a seatbelt decreased 60%, and distracted driving decreased 45%," Amazon said.

It is also expanding Amazon Scout, a fully electric autonomous delivery system. "Similar in size to a small cooler on wheels, Amazon Scout rolls down the sidewalk at walking pace and delivers items right to customers," the company said. ?Since its launch, Scout has delivered tens of thousands of packages to customers in California, Georgia, Tennessee, and Washington, and the programme is continuing to expand to new communities in the U.S." 

Amazon Web Services (AWS) increased revenues by 32% year-on-year to 13.5 billion dollars in the first quarter. It said that DISH is leveraging AWS’s infrastructure to build a cloud-based, 5G open radio access network (O-RAN) "to deliver consistent, cost-effective performance from the cloud to the edge of the network". It also reported that The Walt Disney Company is working with AWS on the expansion of Disney+ to more than 100 million subscribers around the world. Source: Amazon statement

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