There are no upfront costs and no estimated usage requirement for building a storage system. Amazon Web Services offers a solution in the shape of the pay per use principal. If a firm buys computing power ahead of time and it lays unused during times with low traffic, it still costs the firm large sums of money. AWS has also generated a solution for companies that require great computing power owing to the surge of traffic during peak times. Although a pricy deal, it pays off as the company grows into the bought space.

Companies looking for large storage spaces for its unlimited and ever growing data generally turn towards cloud storage. Initially consisting of a very limited set of tools, the service expanded in 2004 and was launched for public usage.Īmazon is striving to move businesses away from the physical world of computing technology to the cloud world. The company launched its cloud platform, called Amazon Web Services (AWS) in 2002. In terms of revenue, it is the largest internet based company in the entire world. It was founded by Jeff Bezos who is currently the richest man in the world, even though he was temporarily dethroned by Elon Musk who for a while succeeded him as the richest man in the world.įounded in 1994, the company started as an online buying and selling place for books but soon diversified into other fields like electronics, software, video games, apparel, furniture, food, toys, and jewelry. The e-commerce giant has been called one of the most influential companies in the world. It is known for its state of the art e-commerce, digital streaming, cloud computing and artificial intelligence. Click to skip ahead and jump to the 5 biggest companies that use AWS.Īmazon ( NASDAQ: AMZN) is a multinational technology company based in USA. In this article we are going to list the 15 biggest companies that use AWS.

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