Amazon Cloud Takes Reservations

Amazon’s chief technology officer Werner Vogels said yesterday that Amazon Web Services is now letting customers reserve cloud-computing capacity on its Elastic Compute Cloud (EC2) service. Companies can reserve computing power for a fee, and receive a discount on the hourly rate (they still pay for just what they use). The move is viewed as an effort to appeal to a wider range of corporate customers, in particular, big companies.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and Editor of Xconomy Boston. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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