Amazon Web Services; A Lucrative Solution for your Business Growth

Amidst the current, rapid technological advancements, organizations have been eagerly shifting towards digitizing their business practices. In the course of doing so, Cloud Computing has emerged to be a popular phenomenon. It has aided businesses in effectively managing their computing resources online. Since it has eliminated the need of storing huge amounts of data ( databases, emails, files, etc) on personal computers, accessing them from anywhere outside the organization has become easier. Also, it has majorly benefited the corporate sector by allowing them to allocate the management of almost all of their resource to a third party i.e. The Cloud Service Providers.

Among the three best cloud service providers of 2022, Amazon Web Service tops the list. Microsoft Azure and Google Cloud Platform (GCP) are considered the next best competitors of AWS. 

Let’s dive into the depths of Amazon Web Services and study its advantages in businesses. 

What is Amazon Web Services?

AWS, a renowned cloud service provider is considered the gold standard of cloud computing. This cloud computing service of the e-commerce giant, Amazon.com, has become a major component of its portfolio. Known to be an extremely profitable division of Amazon, AWS is directed towards the provision of effective on-demand services that include; remote computing, networking, storage, email, mobile development, and security. Thanks to AWS, users no longer have to monitor and manage these resources themselves and can access them from anywhere in the world.

The functioning mechanism of AWS, if broken down into three main products, represents; 

• EC2; Amazon’s Virtual machine service
• Glacier; a low-cost cloud storage service
• S3; Amazon’s storage service

Providing more than 200 cloud solutions in almost 245 different countries, AWS holds over a third of the cloud market share. Being a versatile, secure, and reliable service provider, it is taking over the computing world by storm and has far outpaced its competitors. In light of that, AWS has become the most sought-after hard skill in the market. This has urged companies to invest heavily in this service provider, and the trend is only expected to increase even more in the future. The reason for AWS to reach such a huge portion of the market and companies have invested billions of dollars is because of its far-reaching benefits. 
Let’s find out how Amazon Web Services has benefited businesses and made them agile!

Five Ways Amazon Web Services Helps your Business become Scalable:

Regardless of the stage your business is operating in, i.e. startup or advanced, fully funded, Amazon Web Service offers over 50 useful services to help build and scale your business. 

Let’s dive into five of the most beneficial services for businesses:

• Powering your Startup

Want to make your startup prominent in the market? AWS is exactly what you need. Its start-up-related services; AWS Activate, precisely, provides you with adequate training and resources critical to the growth of a startup. As your business begins to advance, the AWS Activate helps in funding through AWS Support and Promotional Credit. Moreover, it allows you to connect to a wide network of entrepreneurs and developers, familiar with AWS, to seek help and get tips.

• Storage Expansion

The huge amounts of data being produced every year have led to a prominent issue of information overload, making data storage a big problem. Amazon Web Services, however, has solved this issue by providing resources to store data conveniently and securely. Not only that, the same data can be accessed from anywhere in the world and the owner can control the storage access as well. Additionally, AWS allows the business to use these services for big data and analytics, etc. Amazon S3 is one of the storage solutions that has majorly benefitted Spotify, by expanding its storage and making the infrastructure adjust to user demand. 

• Security

Considering data storage and security to be an extremely important business matter, while shifting to a cloud storage provider, security is the most sought-after feature. AWS’s robust security network meets this requirement as well. It has multi-factor authentication, encrypted data storage capabilities, and built-in firewalls to restrict access, making AWS the most reliable cloud service provider, arguably. All of these enhanced security features play a significant role in enhancing the business’s data security.

• Cost Reduction

AWS’s sole purpose is to eliminate the use of physical computing technology and move to the ‘cloud’. Traditionally, it was a common practice of businesses to build huge storage spaces for data storage and bear heavy expenses for its maintenance. Cloud storage, however, would require them to sign pricey contracts for large amounts of storage, and signing up for a low volume could be disastrous. AWS has solved all these problems and made it extremely easier for businesses to handle data storage, whilst scaling costs. The Amazon Web Services users only pay for the volume they’re using, saving themselves from high up-front costs incurred to build storage. They utilize what is needed, without having to worry about the costs as they are scaled automatically.

• Website Development

An upscale website directly leads to high conversion rates. It has become a priority for businesses to invest heavily in their web development to boost their online presence. AWS Elastic Beanstalk is used by businesses to create a website that stands out from the rest. Hosting a website on AWS provides the benefit of running it regardless of a web server. Hence, expanding your business’s web presence has been made easier through AWS.

Consequently, in the modern era of digitization, many vendors and businesses have majorly benefited from AWS and its scalable, budget-friendly solutions. In this regard, as compared to any other cloud service provider, AWS has the largest customer base, i.e.  1.45 million businesses, and $62.2 billion in revenue.