Market valuation of 5 of top 10 most-valued firms tumble over Rs 1.85 trillion
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
“Today, we announce third availiability zone in India with the Mumbai Region. We offer over 200 security compliances, more than any other Cloud provider,” said Peter DeSantis, Vice President, Global Infrastructure and Customer Support at Amazon Web Services.
IANS | Mumbai | May 15, 2019 12:13 pm
In a bid to add more customers in the growing Indian market, Amazon Web Services (AWS), the Cloud arm of retail giant Amazon, on Wednesday announced the third availability zone in its Mumbai Cloud Region.
The company launched AWS Asia PacificA(Mumbai) Region with two availability zones in 2016 and has seen tremendous growth in adding new customers in the region.
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“Today, we announce third availiability zone in India with the Mumbai Region. We offer over 200 security compliances, more than any other Cloud provider,” said Peter DeSantis, Vice President, Global Infrastructure and Customer Support at AWS.
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Addressing a packed house during the AWS India Summit here, DeSantis said that over 130,000 databases have been migrated so far globally with AWS.
“AWS offers seamless migration of your workloads. Security is top on our mind,” the AWS executive noted.
AWS Mumbai Region has over 75,000 active customers in India.
Each Region, a separate geographic area, has multiple, isolated locations known as availability zones.
Amazon EC2 provides the ability to place resources, such as instances, and data in multiple locations.
Availability zones protects applications and data from data centre failures.
The AWS Cloud spans 64 availability zones within 21 geographic regions around the world, with plans for 12 more availability zones and four more regions in Bahrain, Cape Town, Jakarta, and Milan.
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The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
Blue Origin is targeting January 10 for launch of its massive new rocket New Glenn, said the Amazon founder Jeff Bezos’ owned company on Tuesday.
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