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Amazon Elastic Compute Cloud (EC2) is a part of Amazon 's cloud-computing platform, Amazon Web Services (AWS), that allows users to rent virtual computers on which to run their own computer applications. EC2 encourages scalable deployment of applications by providing a web service through which a user can boot an Amazon Machine Image (AMI) to ...
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered, pay-as-you-go basis. Clients will often use this in combination with autoscaling (a process that allows a client to use more computing in times of high application usage ...
Amazon S3 Glacier is an online file storage web service that provides storage for data archiving and backup. [2] Glacier is part of the Amazon Web Services suite of cloud computing services, and is designed for long-term storage of data that is infrequently accessed and for which retrieval latency times of 3 to 5 hours are acceptable.
Autoscaling. Autoscaling, also spelled auto scaling or auto-scaling, and sometimes also called automatic scaling, is a method used in cloud computing that dynamically adjusts the amount of computational resources in a server farm - typically measured by the number of active servers - automatically based on the load on the farm.
E-tail giant Amazon.com (NAS: AMZN) has now announced that it is reducing prices on cloud computing services in its Amazon Web Services division. Instances of Microsoft Windows running on its ...
Amazon SimpleDB is a distributed database written in Erlang [1] by Amazon.com. It is used as a web service in concert with Amazon Elastic Compute Cloud (EC2) and Amazon S3 and is part of Amazon Web Services. It was announced on December 13, 2007. [2]
Value-based pricing. Value-based price, also called value-optimized pricing or charging what the market will bear, is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. [1] The value that a consumer gives to a good or service, can then be defined as their willingness to pay ...
In the 2000s, the application of cloud computing began to take shape with the establishment of Amazon Web Services (AWS) in 2002, which allowed developers to build applications independently. In 2006 the beta version of Google Docs was released, Amazon Simple Storage Service, known as Amazon S3 , and the Amazon Elastic Compute Cloud (EC2).