Zacks Investment Research | May 30, 2018 10:30PM ET
Amazon’s (NASDAQ:AMZN) cloud computing arm Amazon Web Services (“AWS”) is focused on reinforcing its presence in the cloud industry. The company has announced that Amazon Neptune, which was unveiled at the end of last year, is now available to the general public.
Amazon Neptune is a graph database service that helps the application developers to build graph based application which requires access to unstructured data with millisecond latency.
Further, the service enables the developers to query connected datasets by storing and navigating the data efficiently. This is more advanced than the services provided by the relational databases. Further, it utilizes standard APIs which eases the running of an application.
AWS’ service portfolio expands with the addition of Amazon Neptune. The service will help AWS to gain further traction in the market with the growing demand for graph databases in the cloud industry.
The company is likely to witness growth in the adoption rate of AWS on the back of an expanding portfolio, consequently aiding top-line growth.
Notably, shares of Amazon have returned 39% on a year-to-date basis, outperforming the Amazon.com, Inc. Quote
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