AWS passes $5 billion in quarterly revenue with a $20bn run rate
Amazon Web Services (AWS) has surpassed $5 billion (£3.6bn) in revenues for the most recent quarter, representing an almost 45% increase year over year and a $20 billion run rate.
The company’s latest financial results show revenues of $60.5bn across the company in the fourth quarter, with particular focus on Alexa. CEO Jeff Bezos said in a statement that “we don’t see positive surprises of this magnitude very often – expect us to double down.”
In the company’s...
Amazon Web Services acquires advanced threat platform provider Sqrrl
Amazon Web Services (AWS) has acquired Sqrrl, an advanced threat detection platform provider, according to an announcement from the latter.
A statement from Mark Terenzoni, CEO of Sqrrl, explained: “We’re thrilled to share that Sqrrl has been acquired by Amazon. We will be joining the Amazon Web Services family, and we’re looking forward to working together on customer offerings for the future.”
Sqrrl offers a ‘threat hunting’ platform which combines technology...
Analysing the next generation of machine learning tools for financial services
“Machine learning is so tantalizing for most every day developers and scientists. Still, there are a lot of constraints for builders….How do we turn machine learning from a capability of the few, into something that many more people can take advantage of?” – Andy Jassy, Keynote from AWS re:Invent 2017
The fintech industry has been hyped about the potential of machine learning technology for years. Despite all the noise, it’s still very early for most companies. Expert...
Goodbye 2017, hello 2018: The best cloud stories of last year – and how this year will shape up
It’s been another exciting year in the cloud computing space. From blockchain, to AI, to containers and microservices, the technological developments have made for interesting reading – as well as the continued pushes by the leading companies in the ecosystem.
Below, CloudTech has put together five trends which shaped 2017, featuring some of the biggest stories of last year, as well as a series of predictions from executives on what they expect from 2018.
The AWS/Azure competition – with Alibaba and Oracle on...
Every second counts: How does per-second billing for cloud resources measure up?
It has been a little over a month since Amazon and Google switched some of their cloud services to per-second billing and so the first invoices with the revised billing are hitting your inboxes right about now. If you are not seeing the cost savings you hoped for, it may be a good time to look again at what services were slated for the pricing change, and how you are using them.
AWS re:Invent: The partner news you may have missed
With AWS re:Invent done and dusted for another year, naturally the majority of coverage has focused on the initiatives coming out of Amazon’s headquarters. There were plenty of them too – more than 20 announcements in Andy Jassy’s keynote alone, with topics ranging from machine learning, databases, and the Internet of Things (IoT).
Yet plenty more news came from the event’s many...
Trend Micro and AWS collaborate to boost cloud security
Trend Micro, which has announced integration with Amazon GuardDuty, is also one of the first companies for Enterprise Contracts for AWS Marketplace.
Enterprise Contracts for AWS Marketplace provides standardised contract terms across many software vendors to simplify and hasten procurement for the recently announced Amazon Web Services (AWS) Web Application Firewall (WAF) Managed Rules Partner Program.
With the AWS cooperation, Trend Micro expects to deliver application protection rules as part of the new AWS...
Amazon EC2 "T2" instances - are you expecting too much?
Some time ago, iuvo decided to move all of its resources into the cloud. Most of our resources were pretty idle and didn't need lots of CPU and memory. We had experience with Amazon Web services, but we also looked at others such as Microsoft's Azure. After creating spreadsheets and examining resource requirements and costs, we decided to go with Amazon Web Services Elastic Compute Cloud (EC2), with most of our infrastructure on the relatively new T2 instances.
The T2 instances provided effective cost...
Amazon adopts open source as competition increases
Amazon has declared the adoption of the open-source technology ‘Kubernetes’ as the competition in the cloud business increases.
The technology, formulated originally by a Google team, has received support from several enterprises including Microsoft, Oracle, and IBM. It is said to have many advantages including the faculty to process an application on any public cloud including Azure and Google Cloud Platform. This makes it easy for Kubernetes to migrate from one cloud vendor to another.
AWS takes a musical approach at re:Invent with machine learning, serverless and IoT key
More than 20 announcements flowed at AWS re:Invent today, including updates on machine learning, databases and the Internet of Things (IoT) – not to mention a couple of big-name customer wins.
The theme for Amazon Web Services CEO Andy Jassy was around builders. Unlike the previous year’s keynote, where it was about superpowers, this presentation had a slightly more mundane – and musical – approach.
Technology builders are like musicians, Jassy explained. Some guitarists may play...
Symantec chooses AWS as ‘strategic infrastructure provider’ for majority of cloud workloads
It may be holiday season in the US – but two companies who probably won’t be on the same Thanksgiving table are Amazon Web Services (AWS) and Microsoft. The two largest public cloud providers appear to have crossed paths again, this time over security giant Symantec.
Late last night, AWS issued a missive announcing that Symantec has chosen the Seattle firm as its ‘strategic infrastructure provider for the vast majority of its cloud workloads’.
According to the press materials, Symantec...
AWS launches Secret region for US intelligence customers
Want to know a secret? Amazon Web Services (AWS) is beefing up its government capability by announcing the AWS Secret Region, which can operate workloads up to the highest level of security classification.
The move, claims AWS, makes it the only commercial cloud provider to offer regions serving workloads across the full range of data classifications, from ‘unclassified’, to ‘sensitive’, to ‘secret’, and then...
Cloud services market set to near $350bn by 2021 says IHS Markit; AWS’ IaaS dominance continues
With AWS re:Invent just around the corner, another piece of research which affirms Amazon’s top position in the cloud infrastructure biz; IHS Markit says the company secured more than a quarter of total infrastructure as a service (IaaS) revenue in the first half of 2017.
Total revenues for what IHS defines as off-premises cloud services – IaaS, PaaS, SaaS and the curious ‘cloud as a service’ (CaaS) – grew 26% year over year to total $72 billion (£54.4bn), while IBM took...
AWS launches C5 instances for EC2 alongside new 'cloud-optimised' hypervisor
Amazon Web Services (AWS) has announced the availability of C5 instances, aimed at more compute-intensive workloads for the EC2 cloud.
The C5 instances – three from the sharp end in Amazon’s compute class, behind G2, P2 and F1 – were introduced as the newest iteration back in November last year at the company’s Re:Invent show. The C5 promises 3.0 GHz Intel...
AWS remains ‘in league of its own’ as Amazon and Microsoft report latest financials
Amazon and Microsoft have posted their most recent financial results, and again both have delivered with a focus on cloud.
Amazon posted total revenue across all segments of $43.74 billion for the quarter with Amazon Web Services (AWS) contributing just over 10% of that at $4.58bn. The AWS revenue represented at 41% increase from this time last year.
Microsoft posted total revenues of $24.5 billion – and while the company does not give specific numbers for Azure, the company’s ‘intelligent...
Amazon Web Services and Nokia team up for greater service provider cloud transition
Amazon Web Services (AWS) and Nokia are coming together to speed up the migration of service provider applications to the cloud, the latter has announced.
Through the deal, Nokia will support service providers throughout their AWS implementation with consulting, design, integration, migration and operation, alongside Internet of Things (IoT) use cases, through AWS Greengrass and Amazon Machine Learning among others.
On the strategic side, both companies will work together for 5G and edge cloud, including...
Why financial services companies love Docker containers
AWS and Microsoft team up for deep learning project
The keenest rivalry in cloud computing may have just taken a slightly different turn: Amazon Web Services (AWS) and Microsoft are collaborating on an open artificial intelligence (AI) ecosystem.
The project, called Gluon, is a programming API which “allows developers of all skill levels to prototype, build, train and deploy sophisticated machine learning models for the cloud, devices at the edge and mobile apps,” in the words of a joint press release.
“The potential of machine learning can...
General Electric names AWS as preferred cloud provider
General Electric (GE) has selected Amazon Web Services (AWS) as its preferred cloud provider, according to an Amazon announcement.
In a short note, Amazon said GE ‘continues to migrate thousands of core applications to AWS’, and that many of its cloud apps on businesses such as aviation, healthcare and transportation, run on Amazon’s cloud. GE began an enterprise-wide migration in 2014 and has migrated more than 2,000 applications in that time.
GE’s focus on digital is crystal clear....