As Amazon's global imprint continues to expand, the e-commerce giant is celebrating the 15th anniversary of Simple Storage Service, Amazon S3, the first of its cloud service offerings. Launched back in March 2006, Amazon Web Services (AWS) has since become a model for not only other e-commerce entities but a wide range of industries that incorporate cloud services.
"We've been the pioneers in this space. The concept of cloud computing didn't exist before this, and we got a real head start in building these services. Also, the close relationship with our customers — being able to get continuous feedback from our customers — have resulted in the fact that now we have more than 200 services," Werner Vogels, Amazon's chief technical officer, told Cheddar.
Vogels said Amazon's maturation into cloud services was a natural progression for the company because it has been "a tech company since day one." For client businesses, Amazon's low-cost cloud services with no long-term commitments were an immediate draw. And, while the pandemic has slowed the production of semiconductors for cloud computing chips, Vogels said Amazon has prepared for the exact scenario, building their own chips and redundancies in their systems.
"Remember, of course, that we learned a lot from building the supply chain for AWS from the tremendous effective supply chain that Amazon.com has, and as such we're building supply chains to 25 regions around the world that are all replicated and actually can sustain shortages in any of those supply chains," he noted.
Also, the tech industry isn't the only one benefitting from the cloud, according to Vogels. Many industries have been able to utilize the technology. Farmers have even found ways to use the services to manage data related to land cultivation and to create effective labor plans.
"If you travel outside of the U.S., what you meet a lot is these companies that are solving truly hard human problems," he said. "For example, in Indonesia, there's a company called HARA Token where smallholder rice farmers, they don't have an identity and as such cannot get loans, and so what this small company does is give them an identity, measure their piece of land, measure their yield, and make the data available to banks."
In order to be able to share more stories about how AWS impacts the world beyond business, Vogel traveled the globe for the Now Go Build video series highlighting startups tackling the aforementioned "hard human problems."
Updated March 19, 2021 at 6:00 p.m. ET to clarify that the name of the service launched 15 years ago was the Simple Storage Service, Amazon S3.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
