Why Should Investors Care About Amazon’s Cloud Services?
It’s been nearly six years since Amazon.com (NAS: AMZN) had the brilliant idea of monetizing its oodles and oodles of surplus computing power.
The e-tailer built up a truly epic computing infrastructure to support its core operations, but much of that hardware had a lot of downtime. While still requiring electric power, man-hours of server maintenance, and data center cooling, the servers would often sit unused. Why not rent out idle servers by the hour instead?
The idea was an instant hit, and Amazon’s cloud-computing services have come a long way since then. Management routinely holds up the collection of data-mangling products, collectively known as Amazon Web Services or AWS, as an example of a fast-growing Amazon operation. These days, Amazon pumps millions of dollars specifically into building out the AWS infrastructure, which now is separate from Amazon’s general operations…


Amazon and Salesforce are odds-on to join the UK government’s G-