Will Amazon Offer Analytics as a Service?
Grazed from New York Times. Author: Quentin Hardy.
Amazon.com, through its Web services business, stores vast amounts of data for companies worldwide. Does it want to start analyzing it too?
Specialists in data science say the company has become increasingly interested in the business models of firms that make and sell pattern-finding algorithms for extremely large data sets. They theorize that Amazon wants to move beyond its cloud services businesses — which rents data storage and raw computing power — and add to these offerings analysis software that can be rented, and possibly modified, to suit a company’s needs.
“Amazon has the expertise and the computing power to do something like this,” says Kyle McNabb, a vice president at research firm Forrester. “They could rent an analytics engine to people on a quarterly basis, possibly offer to match your data to other large data sets and find something useful.”…


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