5 Most Valuable Data Companies in the World

3. Amazon.com, Inc. (NASDAQ:AMZN)

Amazon.com, Inc. (NASDAQ: AMZN) is one of the world’s largest e-commerce platforms, which by its very nature also makes it one of the world’s largest users of big data analytics. Not only does Amazon use customer and seller preferences to improve its retail platform, but its enterprise arm, Amazon Web Services (AWS) is one of the biggest players in the enterprise computing market. AWS lets users manage their data sets by using machine learning (ML) and Amazon even has its own processors under the Graviton lineup which power all AWS software.

In the Q2 2021 investor letter of L1 Capital, the fund mentioned Amazon.com, Inc. (NASDAQ: AMZN). Here is what the fund said:

“Amazon flipped from being the largest detractor from portfolio performance in the March 2021 quarter, to one of the leading contributors in the June 2021 quarter. We took advantage of negative near-term sentiment in the March 2021 quarter to add to our Amazon investment. We continue to view Amazon as one of the best positioned businesses globally, with its share price still not reflecting fair value.”