BT Increases Revenue By $500 Million With Expanded AWS Contract

Republished By Plato

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BT, one of the world’s leading telecommunications companies, has recently announced that it has expanded its partnership with Amazon Web Services (AWS) in a move that is expected to increase its revenue by $500 million. The expanded contract will allow BT to offer its customers a wider range of cloud-based services, including data analytics, security, and artificial intelligence.

BT has been working with AWS for several years, and the two companies have already collaborated on a number of projects. However, the new agreement represents a significant expansion of their partnership, and is expected to bring substantial benefits to both companies.

For BT, the expanded contract will allow it to offer its customers a more comprehensive range of cloud-based services. This will enable the company to better compete with other major players in the telecommunications industry, such as Verizon and AT&T, who have also been investing heavily in cloud-based services in recent years.

In addition to offering a wider range of services, the expanded partnership with AWS will also help BT to reduce its costs. By leveraging AWS’s global infrastructure and expertise, BT will be able to streamline its operations and improve its efficiency, which should lead to significant cost savings over time.

For AWS, the expanded partnership with BT represents a major opportunity to expand its customer base in the telecommunications industry. With BT’s extensive network of customers and its strong reputation for quality and reliability, AWS will be able to tap into a large and growing market for cloud-based services.

Overall, the expanded partnership between BT and AWS is a significant development for both companies, and is likely to have a major impact on the telecommunications industry as a whole. With the demand for cloud-based services continuing to grow at a rapid pace, it is clear that companies like BT and AWS will play an increasingly important role in shaping the future of the industry.