AI APPLICATIONS
What is AWS ?
2 | Everything-as-a-Service ( XaaS ). Relies on outside expertise . To use platforms ( PaaS ), desktops ( DaaS ), software ( SaaS ), and all the rest , clients can purchase XaaS licenses for long periods of time under annual or bi-annual subscriptions . By 2024 , the global XaaS market is expected to exceed US $ 344bn . To understand why smart executives will pay year after year for such a service , remember that XaaS suppliers can provide tech support at scale . As CEOs pursue lean business operations , they ’ ve started to realise that they don ’ t always have to hire more people to build value . Instead , they can outsource technical tasks , rely on experts , and concentrate on the areas in which they excel .
• Amazon ’ s AWS : Offers 175 + services for databases , analytics , robotics , ML and AI , IoT , mobile , and augmented reality . 3 | Public , Private , and Hybrid Clouds . Helps with predictive analytics . On one hand , public clouds are essentially shared
infrastructure , with resources owned and operated by third-party cloud providers . They ’ re low-cost , reliable , and take no maintenance — at least , not from you . On the other hand , private clouds run on proprietary infrastructure , offer more control , and allow for further customisation . Imagine the difference like that between a bike-share and a custom-built mountain bike .
Then there ’ s hybrid — the combination of the two — which companies have started to adopt at scale . Hybrid clouds balance security and flexibility , fitting regulatory requirements without forcing you to give third parties all of your data . Most importantly , companies use hybrid clouds to manage short-term spikes in demand . Hulu , Uber , and Airbnb all run several operations on their private servers and pay on-demand for extra cloud service when the need strikes .
• Netflix : Manages bandwidth spikes when half the nation watches Stranger Things by paying for on-demand cloud storage .
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