Amazon set to flex its cloud-computing arm
Grazed from MarketWatch. Author: PR Announcement.
The average consumer knows many things about Amazon.com Inc., including its almost endless list of products that can be purchased, its two-day Prime delivery option and its video-streaming service with more than 150,000 movies and TV episodes. But for the average consumer, there is a part of Amazon’s AMZN -2.40% business that they may know little, if anything about, yet has the potential to become one of the company’s biggest sources of revenue and profit margins: Amazon Web Services.\
AWS, as it is commonly called, is a group of remote computing services that Amazon has put together to create a cloud-based platform of computing, networking, content delivery and other services designed for business usage. The company, and AWS senior vice president Andy Jassy, will be in San Francisco on Wednesday to meet with developers, engineers and customers at its one-day AWS Summit…


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