Amazon Web Service moves to analytics
Amazon’s Web Service is set to introduce its new analytics
service that will help companies within the business intelligence market
analyze their data more efficiently. This service nicknamed “Space-needle” would
allow Amazon web service users, such as Nike Inc., Netflix Inc., and Airbnb Inc., to store more of their
valuable big data with quicker and easier method (Wall Street Journal).
By offering new analytic tools with a variety of ways, the Amazon
web service is making it easier for companies to access important business
information that can be more relevant to the company’s decision making. This
could be a huge innovation for Amazon in a variety of ways. Amazon’s push to
offer more commodities to its cloud computing services will result in companies
making better business decisions. Another reason why this new service could be
crucial to Amazon’s growth, is because the Seattle based company has a solid
chance to take charge of the business intelligence market, a market that has plenty
of potential for newcomers, such as the online commerce giant. This new technological advancement could also
open up the market for new jobs. People who are well versed in managing big
data sets as well as analytic information, also known as data scientist, are
considered to be valuable assets in the business intelligence market and are
often compensated very well for their knowledge and services (Wall Street
Journal).
In conclusion, I feel
the article could have mentioned more about what this service could do for an
individual company. The article should have said more about the potential that
this service has to significantly impact the efficiency and productivity of a
company. I think that was a major point that should have been emphasized more
within the article. The piece also could have mentioned more about what this
means for Amazon as an online tech giant. I believe the influence on the market
that Amazon could potentially have in the future may allow it to possibly grow
into a company larger and more powerful than Google.
"Amazon Web Services to Add Analytics Tool to Its Arsenal:
Report." Firstpost Amazon Web Services to Add Analytics Tool to
Its Arsenal Report Comments. N.p., 05 Oct. 2015. Web. 05 Oct. 2015.
"Amazon Web Services to Add Analytics." WSJ.
N.p., n.d. Web. 05 Oct. 2015.
Although the new cloud service is a great technological advancement for Amazon, it also has its downfalls. For example, there is high probability for fraud. The article below states that fraudsters are using Amazon's cloud to create fake web traffic.
ReplyDeleteIn addition, I agree with your statement saying that the article should have mentioned more about what this could mean for Amazon and how it will impact their competitors. A blog that I read last week was on the new cloud service at Oracle. The article could have mentioned this in addition to other competitors of Amazon.
http://blogs.wsj.com/cmo/2015/06/05/fraudsters-use-amazons-cloud-to-create-fake-web-traffic/
Although the new cloud service is a great technological advancement for Amazon, it also has its downfalls. For example, there is high probability for fraud. The article below states that fraudsters are using Amazon's cloud to create fake web traffic.
ReplyDeleteIn addition, I agree with your statement saying that the article should have mentioned more about what this could mean for Amazon and how it will impact their competitors. A blog that I read last week was on the new cloud service at Oracle. The article could have mentioned this in addition to other competitors of Amazon.
http://blogs.wsj.com/cmo/2015/06/05/fraudsters-use-amazons-cloud-to-create-fake-web-traffic/