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"Citigroup downgraded Amazon's stock yesterday based on the price cuts it instituted on its Amazon Web Services division." As usual, analysts don't understand
by guiambros 12y ago
"Citigroup downgraded Amazon's stock yesterday based on the price cuts it instituted on its Amazon Web Services division."
As usual, analysts don't understand Amazon's long term strategy. AWS is a brilliant move, and create an incredibly powerful vendor lock-in.
I can't imagine migrating our infrastructure to any another vendor, even if there was a similar offering (there isn't), at a lower cost. The level of flexibility, scalability and efficiency via automation is light years ahead of everyone else.