Technology news and Jobs arrow Information Technology News arrow Amazon gets into server rental business
Amazon gets into server rental business E-mail
by Stan Beer   
Monday, 28 August 2006
Online retailer, Amazon.com has moved into renting online computing resources on demand to developers requiring computing power without having the capital to pay for it up front.

The service, Amazon Elastic Compute Cloud (EC2), enables developers who wish to build web applications to buy hosted server processing services at 10c an hour plus 20c per 1G of traffic and 15c per 1G of storage per month.

According to Amazon: "It is designed to make web-scale computing easier for developers. Amazon EC2 enables "compute" in the cloud. Amazon EC2's simple web service interface allows you to obtain and configure capacity with minimal friction. It provides you with complete control of your computing resources and lets you run on Amazon's proven computing environment. Amazon EC2 changes the economics of computing by allowing you to pay only for capacity that you actually use." {moscomment}
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