Market Overview

Amazon's Cloud Service Picks Up 2 High-Profile Clients In As Many Days

Share:
Amazon's Cloud Service Picks Up 2 High-Profile Clients In As Many Days
Related AMZN
Macy's Q4 EPS Beats Estimates, Expects Sales Drop To Continue
U.S. Sucked In Wake Behind Dubai's Passenger Drone Program
Macy's Tops Q4 Earnings Views, Eyes 'Entertainment Options' (Investor's Business Daily)
Related COF
Wall Street's M&A Chatter From February 17-20
FTC Subprime Auto Lending Investigation Could Be Early Sign Of A Deteriorating Market
Bank Auto Lending: Regulators Are Worried. Should Investors Be? If So, Which Banks? (Seeking Alpha)

Amazon.com, Inc. (NASDAQ: AMZN) seems to be hitting the purple patch, as its Amazon Web Services, or AWS, announced two contract wins in as many days.

2 Deals, 2 Days

Amazon announced on Tuesday that Capital One has selected AWS as its predominant cloud infrastructure provider.

Close on heels of the company picking up Capital One Financial Corp. (NYSE: COF) as its cloud customer, it announced Wednesday Workday Inc (NYSE: WDAY) too has selected its AWS as its preferred public cloud infrastructure provider for customer production workloads.

Amazon stated that it is offering the option of running Workday's full suite of applications, including Workday Financial Management and Workday Human Capital Management for the first time in the public cloud. Workday said it would make available the option of using, either AWS Cloud or Workday data centers, to its customers in Canada in calendar year 2017 and then look to expand the scope geographically.

RE:Invent Revelations

In the AWS re:Invent Conference held in Las Vegas on Wednesday, Amazon announced seven new compute services and capabilities to support an even wider range of workloads.

  • The company unveiled the next generation of Amazon Elastic Compute Cloud (EC2), which is memory optimized, compute optimized, and has high input/output (I/O) instances, and features the latest processors, storage technologies and enhanced networking.
  • The new F1 instance with customer-programmable Field Programmable Gate Arrays (FPGAs) boosts performance 30 times relative to general purpose CPU.
  • Amazon EC2 Elastic GPUs allow customers to easily attach low-cost, professional grade graphics acceleration to Amazon EC2 instances.
  • AWS also announced Amazon Lightsail, which gives developers the ability to launch powerful virtual private servers in only three clicks for a simple, low monthly price.

At last check, Amazon shares were slipping 1.34 percent to $752.44.

Posted-In: AWS Workday Capital Human Capital Management Workday Financial ManagementNews Contracts Events Tech Best of Benzinga

 

Related Articles (AMZN + COF)

View Comments and Join the Discussion!