Tuesday, 31 May 2016

Oil Companies Adapt to "Lower for Longer" Operating Environment

With oil prices hovering around $50 a barrel, oil companies are adapting to a "lower for longer" oil price environment.  This has meant cutting back on investment and jobs. Shell plans to shut down its office in the Thames Valley Park by the end of 2016.

Wednesday, 4 May 2016

AWS Lifts Amazon Q1 Earnings - Cloud Computing Proves Viable Second Stream To Ecommerce

For the last 12 months, Amazon Web Services (AWS) has been a $9bn business. Bezos expects it to be a $10bn annual business.

Within the AWS offering, Amazon offers EC2 (Elastic Compute Cloud), a web service that provides resizable compute capacity in the cloud. Customers include Netflix, Autodesk and Nasa/JPL. EC2 works in conjunction with VPC (Virtual Private Cloud) - which allows users to create their own virtual networking environment within AWS, including IP address ranges, subnets and so forth.