Posted On: Apr 28, 2010

“With Microsoft and IBM now offering rival services, Amazon says its own efforts could one day surpass retailing revenues. To widen its lead in the cloud computing market, is working to make its Web services compelling to more customers as computing giants such as Microsoft (MSFT) and IBM (IBM) attack the same territory.”

“On Apr. 28, Amazon (AMZN) announced the opening of a new data center in Singapore to give customers in Asia, India, and Australia speedier access to its Amazon Web Services business. That business lets companies buy from Amazon, on an hourly basis, computing power that’s delivered over the Internet. The Singapore data center will target Asian customers and Western companies that have many users in the region.”

“Beyond small startups, Amazon counts larger organizations including Eli Lilly (LLY), Pfizer (PFE), NASA, Adobe Systems (ADBE), and Netflix (NFLX) as cloud computing customers. On Mar. 23, it released a software development kit so Java developers could more easily write applications that take advantage of its computing services. An Apr. 15 deal with NetSuite (N) lets customers of the online accounting software firm store their data on Amazon’s computers.”
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