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Its Web services business includes renting data storage and computing resources, so-called "cloud computing," over the Internet.
Still, it was fortunate to be in a business, renting data center space, in which many of its competitors had gone under.
Buying servers and renting data center space aren't cheap at all.
Similar(57)
"We will not share and not rent data," said Paillet.
That same year, the Simple Storage Service (S3), which rents data storage over the Internet, became available.
The traffic was managed through a server bunker in Las Vegas, as well as rented data centres all over the world.
Amazon Web Services is another global cloud, which rents data storage, computing, and applications to thousands of companies.
While the rent data has been collected for years, the apartment ratings generally appear on the site within minutes.
Earlier this year, Mr. Bencken added a new feature to the site: rent data for more than 100,000 apartments.
RealFacts, a company that compiles rent data in many cities, said the average rent at 50 large apartment buildings it tracks here was now $2,663 — a record.
They theorize that Amazon wants to move beyond its cloud services businesses -- which rents data storage and raw computing power -- and add to these offerings analysis software that can be rented, and possibly modified, to suit a company's needs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com