Amazon is all set to build data centers in all the large countries as part of its investment push program. The company aims to make internet retailer’s cloud computing the largest part of its business. As reported by Reuters, Andy Jassy, Amazon Web services chief said that, these investments in the AWS unit, will provide internet-based computing and data management to corporate clients. He also added that the internet retailer wants to continue investing in AWS, despite investors’ concerns it was spending too much and sacrificing margins.
AWS is all prepared to invest as much as it takes to boost the growth of its business. He also said that, over the time Amazon plans to build data centers in “virtually every large country”. Building of data centers is an expensive initiative. However, Amazon is ready to invest at least $1.1 billion over three years to build a data center. Jassy told the media that, the cost estimate for building a data center was “wrong, by a lot” but declined to say how much Amazon spends on building each center.
AWS delivers internet-based computing power to corporations that did not or could not invest in it. This service is considered to be one of the most prized assets of the company.