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AWS Launches a Machine Learning Tool Amazon Forecast

29Nov By Gauri SinghNo Comments

Tech

AWS Launches a Machine Learning Tool Amazon Forecast

Amazon’s cloud computing services known as the Amazon Web Services (AWS) has launched a new pre-built machine learning tool that will make it easier for developers to generate predictions based on time-series data. The new service will be called Amazon Forecast. Amazon has built a number of models to handle its own data in its retail business and this one is essentially the same technology that Amazon uses to forecast demand on its retail site. Under this, the users provide the company with all of their supply chain data and then give the service the variables that could have impact on the forecast. “With just three clicks, you can give us the information and get a forecast,” AWS CEO Andy Jassy said. “It’s super simple and when we benchmarked with customers in the private beta and o...

9Nov By Gauri SinghNo Comments

BUSINESS

Cisco Ties up With AWS to Help Businesses Run Apps in The Cloud

Cisco Systems has reportedly tied up with Amazon's Amazon Web Services for the purpose of offering software tools that would make it easier for Cisco's customers to use Amazon's data centers to run their business applications. This step has been taken as a part of a push at Cisco, one of the biggest suppliers of the routers and switches that send data across computer networks. Also, the basic motive is to gain more revenue from software and stay current with longtime business customers that are seeking to do more work with cloud computing companies like Amazon, Alphabet's Google Cloud unit or Microsoft's Azure. "The way we like to think about it at Cisco is, we're growing and adding a software business to a very important hardware business," Kip Compton, Cisco's senior vice president o...

Amazon Web Services Eyes to Sell its Networking Switches

14Jul By Gauri SinghNo Comments

BUSINESS

Amazon Web Services Eyes to Sell its Networking Switches

Amazon’s cloud service business ‘Amazon Web Services’ is eyeing to sell its own networking switches to the business customers. Amazon Web Services could price its white-box switches 70-80% less than comparable switches from networking giant Cisco, as reported by one of the persons with direct knowledge of the unit's plan. The company expects to launch the switches in the next 18 months. It stated that the devices will include open-source software and unbranded hardware known as "white-box" switches and will be introduced with built-in connections to AWS cloud services, such as servers and storage. Amazon Web Services (AWS) offers reliable, scalable, and inexpensive cloud computing services. It is a subsidiary of Amazon.com and offers on-demand cloud computing platforms to individuals...

Alibaba Launches a Programme To Strengthen its Presence in India

14Jul By Gauri SinghNo Comments

News

Alibaba Launches a Programme To Strengthen its Presence in India

Alibaba Group, the popular Chinese conglomerate has announced the launch of its new distribution channel programme with an aim to strengthen its existence in India. The company believes that it is a great time to carry on and grow business in the country. The company had also come up with its new distribution channel programme to encourage partners to bring in-depth technical knowledge to customers, during the “India Eco Summit”. “Alibaba Cloud has always been dedicated to empower enterprises of different sizes to tap into opportunities in the digital age. With digital transformation poised to add close to $154 Bn to India’s GDP, this is a great opportunity for us to do business in India,” said Alex Li, General Manager of Alibaba Cloud Asia Pacific. With this new strategy and innovati...

ANI Technologies, Ola Parent May See Some Investment From Microsoft

25Jul By RishabhNo Comments

FUNDING

ANI Technologies, Ola Parent May See Some Investment From Microsoft

American Multinational giant Microsoft may invest some money for a small stake in ANI Technologies Pvt Ltd, the company that runs Ola, in a deal where this ride hailing service will switch from Amazon Web Services (AWS) to Microsoft's Azure Cloud Platform. “The talks with Ola are in very early stages. More than the money, it is more about Nadella’s vision of partnering with more and more large technology companies in India and establish Azure as service of preference. Microsoft is likely to invest in Ola but a term sheet is yet to be issued,” one of the two persons cited above said on condition of anonymity. Ola is already in the middle of fund-raise and is currently valued around $3.5 Bn, and is the third most valued startups in the country. Ola has been in constant battle with Uber in ...