AWS launches Amazon FinSpace to muscle in on financial services cloud offerings

Amazon Web Services (AWS) has launched Amazon FinSpace, an industry cloud offering aimed squarely at helping finance organisations efficiently prepare and analyse data.

The purpose-built analytics service 'aggregates, catalogues, and tags data across an organisation's data silos', enabling the data to be easily searchable across the entire company. This is achieved, in part, through a purpose-built managed Apache Spark analytics engine, with more than 100 'data transformations'...

AWS pulls in record $13.5bn revenues for Q121 at 32% growth

Another quarter, another record for Amazon Web Services (AWS). The cloud infrastructure leader has reported net sales of $13.50 billion (£9.68bn) for the first quarter at a growth rate of 32% year over year.

The results mean AWS has broken the eleven-figure number for the fifth consecutive quarter. It represents an uptick from the 28% y-o-y growth from the previous quarter, while AWS revenue as a proportion of total Amazon revenue, at 12.5%, is a little below the figure of...

The Walt Disney Company renews vows with AWS for Disney+ global rollout

The Walt Disney Company has reaffirmed its commitment to Amazon Web Services (AWS) for the global rollout of its streaming service, Disney+.

Disney+ is 'expanding its use of AWS… services to include more than 50 technologies, such as machine learning, database, storage, content delivery, serverless, and analytics', in the words of the press materials.

One example is Amazon Kinesis, an AWS service which helps with the real-time collection, processing and analysing of...

How to reduce cloud costs by 90% with AWS spot instances

Teams often choose to reserve capacity instead of taking advantage of spot instances. But reserved capacity is a path to vendor lock-in and paying more in the long term.

It doesn’t make sense to cut yourself off from the opportunity to save up to 90% off the on-demand price just because AWS can pull the plug on your instance with a two-minute notice.

You can use spot instances effectively even for production workloads. 

Keep on reading this guide to get...

DISH to construct its 5G network on AWS in major cloud-telco marker

It is another cloudy day in the telecom industry - but DISH certainly hopes that the sun will shine tomorrow and beyond.

The operator, the fourth largest in the United States, confirmed it has chosen Amazon Web Services (AWS) as its preferred cloud provider. More pivotally, however, it has also agreed to construct its 5G network on Amazon's cloud in a telecom industry first.

DISH 'will achieve agile and cost-effective operations while seeking to redefine the practical...

Five key best practices for AWS cost optimisation – analysed

Keeping cloud costs in check is a struggle. Companies either lose control of their budgets and spend even 23% more than planned or end up overprovisioning their workloads. 

Optimising cloud costs is about striking a healthy balance between price and performance. You want your applications to have enough resources, but at the same time avoid cloud waste. 

Here are five tips to get you started on your AWS cost optimisation journey.

#1: Allocate costs for...

Report warns of ‘dubious’ permissions gap for enterprise hybrid and multi-cloud

A new report has warned of a 'dubious' gap for permissions across enterprise hybrid and multi-cloud environments.

The study from CloudKnox Security, which is described as an industry first, polled more than 150 global organisations on their usage of Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and VMware vSphere.

Overall, the standout finding saw more than 90% of organisations were using fewer than 5% of permissions granted. Each specific provider told a...

Tableau CEO Adam Selipsky to become AWS chief executive in return move

Adam Selipsky, the CEO of business intelligence software provider Tableau, is to become the new Amazon Web Services (AWS) chief executive, moving back to a company where he spent more than a decade.

AWS prefaced its Q420 revenue posting last month with the news that current boss Andy Jassy will be stepping up to Amazon CEO, with Jeff Bezos moving aside to an executive chair role. The company subsequently announced record revenues of $12.7 billion (£9.35bn), adding that it was...

AWS makes Ethereum generally available on Amazon Managed Blockchain

Amazon Web Services (AWS) has announced the general availability (GA) of Ethereum on its managed blockchain service.

The open source blockchain joins Hyperledger Fabric as compatible with Amazon Managed Blockchain - in a move which will add power to Ethereum's offering, but also showcases AWS' latent ambitions in the space. A preview had been showcased in December.

In a blog post confirming the GA, AWS cited decentralised finance (DeFi) as a key use case going forward....

PGA Tour signs up with AWS, looks to AI as engagement driver

Amazon Web Services (AWS) continues to build out its blue chip sporting clientele. The PGA Tour has selected AWS as its official cloud provider, utilising artificial intelligence (AI), deep learning and machine learning.

To this end, the golf franchise has also coined AWS as its official 'deep learning cloud provider', 'artificial intelligence cloud provider' and 'machine learning cloud provider'.

This is the first instance CloudTech has seen of such nomenclature, and...