Amazon.com, Inc. (AMZN)’s Big Plans for Cloud and IoT

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Amazon.com, Inc. (NASDAQ:AMZN) has big plans for both its cloud computing, as well as, Internet of Things (IoT). The re:Invest conference held last week provided a perfect platform to discuss the complete scope of the online retailer’s ambitions. The company strongly believes that its Amazon Web Services (AWS) is the future platform of enterprises. The conference disclosed a number of new services. However, the most noticeable among them was the revelation of a more confident online marketplace firm. The company is also focusing on Import/Export Snowball, which was the first hardware offered by the cloud service provider.

Data Transport Alliance

A plain gray box, which is known as AWS Import/Export Snowball, known as a ‘data transport alliance’ by Amazon.com, Inc. (NASDAQ:AMZN). It was a secure box containing hard drives, which can hold a maximum of 50TB. One can just dump his or her data into the Snowball without any hassle and ship it to the online retailer. Snowball is a symbol for AWS’s ambition to devour enterprise IT one big bite at a time. Such was the fresh AWS Database Migration Services disclosed by its AWS SVP Andy Jassy. The company believes that AWS has more capacity to crunch on it. That was ten times greater than the closest 14 public cloud rivals based on the recent Gartner Inc (NYSE:IT) estimate.

Amazon.com, Inc. (NASDAQ:AMZN) fully understands that the enterprise management is progressively receptive to the public cloud module. Its recent conference sessions were not filled with the normal AWS developer audience. One of the objectives of the conference was to ramp up the food chain. However, there could be a limit on the number of current systems enterprises shift towards the cloud. Significantly, most of the cases involve enterprise to migrate to the public cloud, which meant creating new apps on AWS or Azure. Currently, most of the new enterprise cloud apps were customer-facing Web, as well as, mobile apps.

AWS Wades Into Business Intelligence

Amazon.com, Inc. (NASDAQ:AMZN)’s AWS wades into business intelligence; Jassy said that its AWS designed the user Interface for its B1 entry and QuickStart to be an easy one for non-technical people to use. Jassy also showed a user interface from an old-guard B1 vendor, which was not easy one to use as it was janky. Though he did not name it, he gave enough hints that the name rhymes with hog nose. Gartner Inc (NYSE:IT) analyst, Lydia Leong, has doubled her estimate earlier this year of the margin by which AWS would lead its rivals. She believes that AWS has ten times of the compute power of its fourteen biggest rivals. Still, it was indicated that Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc (NASDAQ:GOOGL)’s Google were growing quickly though percentage-wise compared to Amazon.com, Inc. (NASDAQ:AMZN).

The online retailer’s cloud services were much bigger than the rest. Therefore, it was not an easy job to compare the growth rate of lofty percentages of smaller rivals. While Instance use is growing 95%, storage use witnessed 120%. Database services, which included data warehouse and caching, jumped 127%. That suggested AWS revenues were growing at an astonishing rate of 81%, according to Jassy.

Launched T2.nano

Amazon.com, Inc. (NASDAQ:AMZN) also launched T2.nano during the Re:Invent conference. It is smaller than the T2.small or micro. The company indicated that its T2.small comprised of one virtual CPU with 2GB of memory for 2.6 per hour. The CPU is said to be equivalent to Xeon processor of 2007. Its T2.micro has one virtual CPU with 1GB memory for 1.3 cents an hour.

Significantly, the online retailer enables users to accumulate credits during low use period and use it for the short period of time. The company clarified that every credit was equal to per minute of CPU use.

Viraj Shah

Viraj Shah has completed M.Com (Finance) and is currently pursuing his CFP. He tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in the market.

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