Signpost
ARTHUR GOLDSTUCK: Cloud computing is at the heart of curbing Covid-19
The Amazon Web Services cloud platform, built in Cape Town, made possible a wide range of responses to the crisis, enabling the roll-out of new services within days
Much is made of companies that have recently bucked stock market reversals as the world discovered their utility. As their user base leapt, so did their share price. But then there are those shares that have been rising steadily for much of the decade, as a result of their services constantly increasing in utility. In other words, they are not meeting a sudden need. And they are also not a hidden secret suddenly come to light.
The most obvious example is Amazon, which is rewarded primarily for its dominance of global e-commerce. However, its constantly rising value is not only premised on consumer demand for physical goods. The real jewel in its crown is its cloud division, Amazon Web Services (AWS)...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.