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Amazon (AMZN) Announces Availability of Amazon RDS on VMware
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Amazon.com Inc.’s (AMZN - Free Report) cloud computing arm, Amazon Web Services (“AWS”) is focused on bolstering its presence in the cloud industry.
Recently, AWS announced that it has made its Amazon Relational Database Service (Amazon RDS) available on VMware.
The new service will enable customers to set up, operate, and scale databases in VMware-based software-defined data centers and hybrid environments, and also migrate these to AWS or VMware Cloud on AWS with complete ease.
In addition, Amazon RDS on VMware will support Microsoft SQL Server, Oracle, PostgreSQL, MySQL and MariaDB databases over the coming months.
The latest move will expand the customer base of the company, which will in turn drive its top-line growth. Moreover, this will strengthen the company’s market position.
Shares of Amazon have outperformed its industry on a 12-month basis. The stock has registered a gain of 92.5% compared with the industry’s growth of 44.6%.
Growth Prospects in Hybrid Cloud Infrastructure
Per Gartner, 90% organizations will adopt hybrid infrastructure by 2020. Cloud compute services are expected to grow from $23.3 billion in 2016 to $68.4 billion in 2020. Hosting and collocation spending is expected to surge to $74.5 billion in 2020 from $53.9 billion in 2016. Infrastructure Utility Service (IUS) is projected to grow from $21.3 billion in 2016 to $37 billion in 2020. Storage as a service will rise from $1.7 billion in 2016 to $2.7 billion in 2020.
We expect both the companies to gain momentum from the growth prospects offered by the sector and their own ability to make the most out of it.
Growing Clientele to Aid Market Expansion
AWS is gaining traction with its expanding clientele, courtesy of its continuous efforts to improve offerings.
Recently, the company has acquired quite a few clients, in sync with its dominant market share. It has acquired a client namely Samsung Heavy Industries, which leverages the power of Amazon EC2, Amazon RDS, Amazon S3, AWS Key Management Service and AWS CloudTrail for its smart shipping systems division. Its other important clients include Disney, Expedia (EXPE - Free Report) , Comcast, GE, Salesforce.com, Workday and Netflix (NFLX - Free Report) , which will continue to bolster share in the Infrastructure-as-a-service (IaaS) market.
High performance rate and rapid deployment capability has made AWS’ tools desirable for small businesses as well as enterprises. Moreover, Amazon’s continuing investments for infrastructure development are aiding growth on a global basis.
These factors are helping AWS to not only attract new customers but also entice the existing ones to expand their usage of Amazon’s wide range of services across computing, storage, database, analytics, networking, mobile, developer tools, management tools, Internet of Things (IoT), security and enterprise applications.
Long-term earnings growth for Paycom Software is currently projected to be 24.8%.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
Amazon (AMZN) Announces Availability of Amazon RDS on VMware
Amazon.com Inc.’s (AMZN - Free Report) cloud computing arm, Amazon Web Services (“AWS”) is focused on bolstering its presence in the cloud industry.
Recently, AWS announced that it has made its Amazon Relational Database Service (Amazon RDS) available on VMware.
The new service will enable customers to set up, operate, and scale databases in VMware-based software-defined data centers and hybrid environments, and also migrate these to AWS or VMware Cloud on AWS with complete ease.
In addition, Amazon RDS on VMware will support Microsoft SQL Server, Oracle, PostgreSQL, MySQL and MariaDB databases over the coming months.
The latest move will expand the customer base of the company, which will in turn drive its top-line growth. Moreover, this will strengthen the company’s market position.
Shares of Amazon have outperformed its industry on a 12-month basis. The stock has registered a gain of 92.5% compared with the industry’s growth of 44.6%.
Growth Prospects in Hybrid Cloud Infrastructure
Per Gartner, 90% organizations will adopt hybrid infrastructure by 2020. Cloud compute services are expected to grow from $23.3 billion in 2016 to $68.4 billion in 2020. Hosting and collocation spending is expected to surge to $74.5 billion in 2020 from $53.9 billion in 2016. Infrastructure Utility Service (IUS) is projected to grow from $21.3 billion in 2016 to $37 billion in 2020. Storage as a service will rise from $1.7 billion in 2016 to $2.7 billion in 2020.
We expect both the companies to gain momentum from the growth prospects offered by the sector and their own ability to make the most out of it.
Growing Clientele to Aid Market Expansion
AWS is gaining traction with its expanding clientele, courtesy of its continuous efforts to improve offerings.
Recently, the company has acquired quite a few clients, in sync with its dominant market share. It has acquired a client namely Samsung Heavy Industries, which leverages the power of Amazon EC2, Amazon RDS, Amazon S3, AWS Key Management Service and AWS CloudTrail for its smart shipping systems division. Its other important clients include Disney, Expedia (EXPE - Free Report) , Comcast, GE, Salesforce.com, Workday and Netflix (NFLX - Free Report) , which will continue to bolster share in the Infrastructure-as-a-service (IaaS) market.
High performance rate and rapid deployment capability has made AWS’ tools desirable for small businesses as well as enterprises. Moreover, Amazon’s continuing investments for infrastructure development are aiding growth on a global basis.
These factors are helping AWS to not only attract new customers but also entice the existing ones to expand their usage of Amazon’s wide range of services across computing, storage, database, analytics, networking, mobile, developer tools, management tools, Internet of Things (IoT), security and enterprise applications.
Amazon.com, Inc. Price and Consensus
Amazon.com, Inc. Price and Consensus | Amazon.com, Inc. Quote
Zacks Rank & Another Stock to Consider
Currently, Amazon sports a Zacks Rank #1 (Strong Buy). Another top-ranked stock in the same industry is Paycom Software, Inc. (PAYC - Free Report) , carrying a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth for Paycom Software is currently projected to be 24.8%.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>