Werner Vogels, the CTO of Amazon Web Services, gave  his annual “state of the cloud” presentation Wednesday morning at the GigaOm Structure 2011 conference in San Francisco. Vogels stated that Amazon’s S3 storage service doubled in volume from the same time last year and now houses 339 billion objects. Although Vogels still sees more potential for growth ahead mainly from enterprises building advanced applications, some using cloud-certified versions of applications from SAP and Oracle.

Vogel said Amazon’s spot pricing for AWS instances which allows customers to bid on unused Amazon EC2 capacity and run those instances when they meet defined price points, increased enterprise usage dramatically. Companies are able save money using spot pricing by running applications only when spot prices fall below a designated price point.

According to Vogel “This has become very, very successful in helping (web) architects feel comfortable about the prices they are paying. The things that are being enabled by spot pricing are amazing. Some of our customers have extremely sophisticated batch processing. Their bidding strategies are fascinating. They’re making sure they get the lowest price possible.”

Vogels said that spot pricing is now made available to Elastic MapReduce to encourage further adoption. MapReduce is a hosted Hadoop framework that offers AWS users the ability to process huge amounts of data.

Amazon cloud services are believed to be the most widely used,  Vogels noted that each day EC2 “infrastructure cloud” is spinning up enough virtual machines to run the equivalent of Amazon’s entire online retail operation circa 2000, when Amazon was a $2.78bn business. 


Tagged with:
Hottest IT Skills in 2013 – Cloud, Mobile and BI
In 2012, more than 1.7 million jobs in the field of cloud computing remained unoccupied, according to analysts firm IDC. READ MORE
How Cloud Computing Influences Digital Marketing
Cloud marketing has the ability to drastically change the ways in which they reach and engage their audience, particularly with regard to distributing and storing mission-critical data. READ MORE
Gartner: BYOD to Take Center Stage For Mobile App Use by 2017
More and more companies encourage their employees to work on their devices, thus reducing the cost of computer equipment, but also increase the cost to maintain licenses and safety. READ MORE
Maturity in the Cloud: Start Thinking Like a Grown-Up
Despite the inclination to wait until all of the cloud’s kinks have been worked out, holding off on cloud initiatives until the industry matures won’t guarantee success. READ MORE
PwC: Cloud, SaaS and Mobile Are Changing Software Industry
The software industry is undergoing major changes by trends such as cloud, SaaS, mobile technology and the “consumerization of IT”. READ MORE
10 Cloud Computing Game Changers
Here are the ten most influential cloud computing companies, and the reason why. READ MORE