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Xmgt216

In: Business and Management

Submitted By niki609
Words 504
Pages 3
Amazon is the largest online retailer in the world. At one time their mission was to revolutionize retailing. In some ways Amazon has done just that. Without Amazon’s lead we would not have as many online ventures that we see present today. Google and Microsoft are Amazon’s largest competitors. Both of these have put a dent in Amazon’s online business. Along the way, I believe Amazon strategy changed as they realized that there is much more than just their online retail services. “Amazon realized the need for computing storage and other services that can help companies and individuals run the technical and logistical parts of their business.” Amazon has the largest and most reliable infrastructure. This feature can and will help to attract many companies. “Amazon developed three services; Simple Storage Service (S3), the Elastic Compute Cloud (EC2), and the Mechanical Turk.” “Amazon’s S3 is used to store data and applications. Amazon charges 15 cents per gigabyte per month to use this service.” “Amazon’s EC2 is used to rent our processing power starting at 10 cents an hour which is equal to one basic sever.” “The Mechanical Turk service combines processing power with networks of real people to do the kind of work that machines cannot do well, such as recognizing inappropriate images or transcribing audio.” This helps produce many online jobs for people. Companies find this a very effective way to store all of their information in one place. It also helps their business run more efficiently. I think Amazon could face several data management issues ranging from a list of information, security breaches, as well as information theft. By Amazon being such a large company that stores many businesses and well as individuals personal information; it puts them at risk for hackers. If the system crashes this can also pose potential problems; this can lead to…...

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