
Amazon Web Services (AWS) - Amazon.com Inc's (AMZN) cloud platform, has become a significant part of the e-commerce behemoth's commercial spectrum. AWS generated a record $14.8 billion in net sales in the second quarter of 2021, accounting for slightly over 13% of Amazon's total net sales. AWS has been outperforming other cloud computing services such as rival Microsoft Azure in recent quarters, consistently growing by 30%.
So, what is Amazon Web Services (AWS), and why is it so profitable and effective for the company?
Let's dig and discover.
Money-saving technique.
AWS is attempting to migrate physical computing to the cloud. Using the cloud to store data might include entering into a costly contract for storage space. Building a storage system has no upfront costs, and there's no need to forecast consumption. Clienteles use only what they require, and their charges are automatically adjusted.
Dependability and safety
Amazon Web Services is far safer than a corporation hosting its website or storing data on its servers. The company operates dozens of data centres worldwide, all of which are monitored and meticulously maintained. AWS has attempted to keep its data centres as inconspicuous as possible.
AWS is critiqued.
While Amazon's success is undeniable, detractors claim that it exploits its market dominance by indulging in unfair competition activities. This complaint comes from accessible database developers who say that Amazon is stealing and merging software developed by other firms.
Final Thoughts
AWS is a money-maker for the company. The technologies are reshaping the computer world how Amazon is reshaping the retail landscape in the United States. Amazon could provide affordable AWS cloud training and scalable services to everyone from the latest start-up to a Fortune 500 business by pricing its cloud goods extremely low.