E-Commerce giant Amazon (AMZN Quick QuoteAMZN - Free Report) just released its second-quarter fiscal 2016 earnings results. While Amazon made its claim to fame as an online shopping marketplace, one of the most notable aspects of today’s report was the latest data from Amazon Web Services.

(Also Read: The Complete Guide To Everything Owned By Amazon)

Web Services is a collection of enterprise-level platforms designed for websites and companies that can’t afford the time or money it takes to develop their own server farms. In other words, AWS provides cloud-based storage and templates for companies to quickly boost their computing capabilities.

Launched a decade ago, AWS has really exploded in popularity over the past few years. In 2015, revenue from Web Services grew 70% to $7.88 billion from $4.64 billion in 2014. Margins in the e-commerce can be thin, and AWS has proven to be much more profitable for the company.

In the first-quarter, Amazon reported AWS revenues of $2.566 billion, which represented growth of 64% year-over-year. According to today’s report, Amazon saw second-quarter revenues of $2.886 billion for Amazon Web Services. This represents growth of 58.2% year-over-year and 12.5% from the quarter before.

Make sure to check back later for more commentary on the growth of Amazon Web Services! Also, make sure to check out our full report on Amazon’s second-quarter earnings: Amazon Posts Q2 Earnings and Revenue Beats.

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