Amazon's cloud is big enough to be the fifth-largest business software company in the world

Amazon's cloud sector has grown so fast over the last decade that it is now the fifth largest enterprise software provider in the world.

Amazon Web Services revenue grew 43 percent to $ 17.5 billion in 2017, about one-tenth of Amazon's total revenue, the company said this week. The only company software companies listed before AWS are Microsoft, IBM, Oracle and SAP, according to FactSet data.

AWS is by far the leading provider of cloud infrastructure technology and has proven that Amazon can diversify alongside e-commerce. Microsoft, Google, IBM and others are pursuing AWS in the cloud.

Assuming that AWS continues to grow like last year, it could be large by the end of 2019. SAP's revenue of $ 26.5 billion was 6% higher and the company was 'expects the same growth in 2018. Analysts are currently according to FactSet this year with a 38% growth at AWS.

With its range of cloud databases, data analytics, productivity applications, and gross IT capacity, AWS is nearly twice as large as Salesforce, which generated $ 9.9 billion in revenue from during the last four quarters.