Amazon's (AMZN) AWS Rolls Out S3 Z-IA, Focuses On Innovation
Zacks Investment Research | Apr 04, 2018 10:44PM ET
Amazon.com, Inc.’s (NASDAQ:AMZN) subsidiary Amazon Web Services (“AWS”) recently launched a storage service called Amazon S3 Z-IA, which combines the beneficial features of Amazon S3 with the facility of one zone-infrequent access (Z-IA).
The new service will allow users to store their infrequently accessed data into a single availability zone instead of multiple zones of AWS that S3 Standard-IA provides. Additionally, secondary backup copies of on-premises data as well as data which is stored and is already simulated on other AWS regions for disaster recovery are also facilitated by S3 Z-IA. Also, the latest service seems to be customer friendly as it costs 20 percent cheaper than S3 Standard-IA.
Amazon announced that S3 Z-IA is available in all commercial AWS Regions.
We believe the service will strengthen the product portfolio of AWS and increase customer base aided by its low cost benefits. Moreover the top-line growth and market share of the company will gain momentum.
Coming to the price performance, the shares of Amazon have returned 57% over a year, outperforming the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.