On Friday, Amazon.com, Inc. (NASDAQ:AMZN), lost -0.23% to $382.65 & Microsoft Corporation (NASDAQ:MSFT), gained 0.58% to $41.72.
E-commerce giant Amazon.com Inc., declared the launch of the Amazon Elastic File System (EFS), a fully managed file system for Amazon Elastic Compute Cloud (EC2) instances at its Amazon Web Services (AWS) Summit 2015 in San Francisco. The EFS is predictable to be accessible later this year.
The system is the latest addition to the AWS storage portfolio, which presently comprises of Amazon Simple Storage Service (S3), Amazon Elastic Block Store (EBS) and Amazon Glacier.
What’s Amazon EC2?
The Amazon EC2 is an online service and forms an integral part of its cloud computing platform, AWS. It allows developers to configure cloud capacity rapidly with minimum friction and simplifies web-scale computing. It permits developers to use Amazon’s computing environment with complete control over computing tools to build applications that are less prone to failure.
It offers features such as virtual computing environments, known as instances together with pre-configured templates for the instances, secure login information for instances using key pairs and many more features to swiftly build and deploy applications.
Amazon continues to raise the bar in premium entertainment. Less than six months ago, Amazon brought movies and TV shows to Prime members and customers in Ultra HD, and continues to grow the catalog of titles accessible in the high quality 4K picture resolution.
Amazon.com, Inc definitely wields power in defining e-Commerce industry standards. The superiority of the processes it has in place for customers to make their buying choice is sophisticated, with psychological parameters aiding the decision-making. One of the tools that Amazon.com offers its buyers is reviews of products/services by customers who have formerly bought them. The aim of the review is to give new buyers first hand insight of those who are using the service or products, assisting them to make ‘authentic’ reviews-based purchases.
AMZN may be making a ton of money [though profit is another article altogether], here on Earth. However, Jeff Bezos is also planning to make money by sending people out of the planet.
Amazon.com, has declared that it will start selling a Cloud-based prediction system to the Enterprise and business customers to assist them take the best and optimal decisions. This new system is called AMZN Machine learning. This system is the same solution which is used by AMZN itself before the launch of any product or service, claimed an article in the New York Times. The latest step by the commerce giant is to tackle Microsoft Corporation (NASDAQ:MSFT), which is famous for its efficient prediction system. Microsoft Corporation (NASDAQ:MSFT) also gives this prediction utility with its Cloud for business Azure suite for the Enterprise.
The systems of Amazon.com, Inc. and Microsoft Corporation are giving the predictive features in a very cheap price. This is a bad news for SaaS companies and IBM which is spending billions in the Cloud based solutions for business that could assist in efficient solution finding.
According to analysts, Microsoft Corporation is predictable to report earnings per share for the current fiscal quarter of $0.52. This is the consensus mean estimate based on the individual covering sell-side analysts’ stated numbers. The corporation last stated earnings for the period ending on 2014-12-31 of $0.77 for the most recent quarter.
Microsoft Corp. will publish fiscal year 2015 third-quarter financial results after the close of the market on Thursday, April 23, 2015 on the Microsoft Investor Relations website at http://www.microsoft.com/investor. A live webcast of the earnings conference call will be made accessible at 2:30 p.m. Pacific Time.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide.
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
