Is it time to shift to the cloud? Well, India thinks it is.
Amazon.com, Inc.’s AMZN world leading cloud platform Amazon Web Services (AWS) is gradually expanding its presence in India. Recently, it announced the launch of the Asia Pacific (Mumbai) Region, which happens to be the company’s sixth in the Asia Pacific.
With the recent launch, AWS now offers its services across 35 Availability Zones (AZs) through 13 technology infrastructure regions worldwide.
As per information provided by the company in its press release, some of its other AWS Regions are being used by more than 75,000 India-based customers as a measure to save costs, accelerate innovation, expedite the time to market as well as expand their geographic presence within minutes.
The recent launch is in response to increasing customer demand for AWS’ presence in India so that they can migrate their applications, which require low latency and data sovereignty.
Moreover, the company has announced the implementation of the pay-as-you-go pricing feature that would enable faster sign up on part of the customers. Furthermore, the AWS Activate program would enable India-based startups to avail the resources they require to quickly scale up their businesses.
Benefits of Using the AWS
The Mumbai region would comprise two AZs. These AZs are actually datacenters located at distinct places within a single region but equipped to operate independently of other AZs. Though these remain interconnected over a low latency network, their power sources, cooling and physical security are totally independent of one another. These factors contribute to lower down time and therefore increase efficincy for companies using cloud resources.
The AWS makes it possible to remotely run technology applications even when the infrastructure is based out of India, thus enabling lower latency to India-based clients. Additionally, its reliability and scalability are a big advantage for many startups who want to cut costs related to in-house installations.
Apart from Amazon Web Services, some dominant players in the public cloud market are Microsoft Corporation MSFT with its datacenters for the Azure public cloud and International Business Machines Corporation IBM with its Softlayer public cloud. Google is yet to make its move in relation to the setting up of datacenters in the country.
What does the Future Hold?
We note that with growing local demand for cloud-based technologies among existing AWS users such as startups Ola and Hotstar, the service is well poised for growth.
Currently, Amazon is a Zacks Rank #2 (Buy) stock. A better-ranked stock in the broader technology space is PetMed Express, Inc. PETS, sporting a Zacks Rank #1 (Strong Buy).
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