The AWS cloud computing phenomenon
Cloud computing, the cloud-based storing and management of data in place of local IT services or hard-drive storage, has become the go-to resource of most businesses offering online services. It is the favored option due to its speed, effectiveness, security, performance, increased output and cost effectiveness.
According to Statista, global cloud computing is expected to generate an “estimated 482 billion U.S. dollars in revenue in 2022.” Propelled by the Covid-19 pandemic, demands for cloud services are increasing, causing cloud computing market growth projection to grow worldwide to USD 832.1 billion by 2025.
Cue Amazon Web Services (AWS).
What is Amazon Web Services?
Amazon Web Services (AWS), the cloud platform of Amazon.com Inc, launched in 2006, has become the leading cloud computing platform. AWS netted a record $14.8 billion in sales in the second quarter of 2021, and is the primary profit-catalyst for Amazon.
AWS consists of various cloud computing products and services that include remote computing, storage, security, email, mobile development and servers. Its three main offerings are Amazon’s virtual machine service called EC2, its cloud storage called Glacier and Amazon’s storage system, S3.
Because of the enormity of AWS and its widespread presence in the online world, it has pulled far ahead of its cloud computing competitors. AWS has 33% of the cloud computing market with Microsoft’s Azure and Google cloud following behind at 18% and 8% respectively. AWS extends across 245 countries and territories. This makes it possible for users to set geographical limits and modify the physical locations where their data is stored so that they feel more secure about their data storage.
There are three main categories of cloud services including Public, Private, and Hybrid. Public cloud platforms offer compute, storage, and network resources over the Internet. This allows customers to access a range of cloud services as tenants on third-party cloud platforms. Private clouds on the other hand, offer cloud computing services on private networks to particular businesses and organizations. Hybrid clouds combine both public and private services.
Amazon Web Services is a public cloud service provider that offers a pay-as-you-go style billing model for a range of cloud services for both small to enterprise level applications.
The Phenomenon
AWS boasts over 1 million active users and one-third of daily internet users access websites powered by AWS. It has 8000 partner network members, over 1900 third-party software products and offers over 200 featured services from data centers distributed globally. The AWS cloud runs from over 80 availability zones located in 25 geographic areas around the world, with plans to expand. AWS has 5x more deployed cloud infrastructure than their next 14 competitors, more than 709,503 companies use AWS services and its revenues amounted to more than 45 billion U.S. dollars in 2020.
Why The AWS Boom
Traditionally, companies would have to invest in large data storage facilities and their maintenance. Cloud computing replaced these facilities, however when cloud computing first entered the technology arena, companies would have to agree to costly standard contracts for large amounts of data which could prove to be a bad investment during off-peak times for the business. With AWS companies pay-as-they-go for their data storage. There’s no upfront cost for acquiring a storage system and no guesstimating of usage necessary, giving companies the flexibility to adjust their cost automatically and accordingly.
Another benefit of AWS is that it offers companies the resources necessary to grow from a small startup into a full-fledged business. With AWS companies are able to reexamine, scale and adapt their computing needs and usage as they expand, which gives them better budget insight. Established companies can also transition smoothly to AWS services that will sync with their existing infrastructure.
A major advantage of AWS is its security and reliability, given its many data centers located worldwide that are continuously and rigorously monitored. This diversification avoids permanent loss of data should there be a disaster in a particular region. AWS data centers are also kept private and in obscure locations as much as possible to prevent unwanted access to data. AWS experience in data protection and cybersecurity allows it to quickly identify cyber attacks and to effortlessly resolve them.
An Exciting Career Move
With more businesses moving their services online, the cloud computing AWS phenomenon is here to stay. Learn about AWS certifications in our next blog and take a look at our online courses in AWS and cloud computing to get you started in this exciting and gainful career now…
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