Latest news with #AWS
Yahoo
4 hours ago
- Business
- Yahoo
Amazon (AMZN) Unveils $54 Billion UK Investment Plan for 2025–2027
Inc. (NASDAQ:AMZN) is one of the 12 stocks that will make you rich in 10 years. On June 24, the company revealed a £40 billion ($54 billion) investment plan in the United Kingdom over the next three years (2025–2027) to expand its operations and infrastructure. Pixabay/ Public Domain The investment includes £8 billion ($10.9 billion) previously pledged by Amazon Web Services (AWS) in September 2024. This amount was for building, operating, and maintaining data centers in the UK from 2024 to 2028. The additional funds will support the construction of four new fulfillment centers. Two facilities in the East Midlands are scheduled to open in 2027, and previously announced sites in Hull (2025) and Northampton (2026). Each fulfillment center is expected to create approximately 2,000 jobs. Amazon said that additional investments will cover new delivery stations across the UK, upgrades and expansions to the company's existing network of over 100 operational facilities. The tech giant also stated that it expects the investment to contribute £38 billion ($51.7 billion) to the UK's GDP over the period in focus. Inc. (NASDAQ:AMZN) is a global technology and e-commerce company. It operates online and physical stores. The company offers many products, including electronics, apparel, groceries, and media. Amazon also provides cloud computing services through AWS, and offers devices like Kindle, Echo, and Fire TV. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
TECHx
4 hours ago
- Business
- TECHx
Four Ways Government Agencies Can Achieve True Modernization
Home » Expert opinion » Four Ways Government Agencies Can Achieve True Modernization Discover 4 ways to achieve True Modernization in government. Chris Erasmus shares how AWS helps agencies transform with cloud, AI, training, and smart data use. The current federal administration has issued a challenge to federal agencies: accomplish their missions with greater speed, cost savings, and efficiency. This unprecedented moment of technological opportunity requires a bold strategic vision that can meet today's challenges, and ensure America maintains its global leadership in AI and innovation. Drawing on the extensive experience Amazon Web Services (AWS) has in partnering with public sector organizations worldwide, here are four transformative steps agencies can take to drive meaningful modernization and shape the future of government service delivery. 1. Migrate from on-premises to the cloud to unlock savings and security AWS has years of data showing that migrating to the cloud from on-premises saves money. The choice is clear: if you want to be more efficient, moving to the cloud is the way to go. When customers migrate to the cloud, some cut their related IT expenditures by almost two-thirds which can generate major savings for taxpayers. AWS works with thousands of public sector organizations to migrate to the cloud securely. Cloud enables customers to instantly scale resources to meet fluctuating mission needs, shift from capital expenditures to a more flexible pay-as-you-go model, and leverage built-in security and compliance frameworks specifically aligned to government requirements. AWS supports 143 security standards and compliance certifications, including PCI-DSS, HIPAA/HITECH, FedRAMP, GDPR, FIPS 140-2, and NIST 800-171, helping satisfy compliance requirements for virtually every regulatory agency around the globe. AWS's security-first architecture, combined with continuous monitoring and automated threat detection, provides agencies with stronger security posture than most can achieve on-premises. This comprehensive approach not only reduces costs, it strengthens security and accelerates innovation. 2. Adopt AI tools to boost efficiency and productivity Artificial Intelligence (AI) is transforming government operations by automating routine tasks, enhancing decision-making, and improving citizen engagement. Every day, AI-powered digital transformations are moving beyond proof of concept into fully operational solutions. For example, the Financial Industry Regulatory Authority (FINRA), which is not government but operates under Securities and Exchange Commission (SEC) oversight, achieved a 40 percent reduction in effort for technology upgrades and maintenance tasks using AI-powered development tools, while also improving code quality and integrity by 30 percent. The U.S. Navy Reserve is seeing the benefits of AI after deploying a Q&A chatbot in just four months that now helps more than 56,000 reservists find critical information faster. Built on AWS GovCloud, the chatbot uses generative AI to aid reservists in accessing information quickly, reducing the need for support calls to their command. These are just two examples of how AI is transforming government across multiple fronts—from automating document and records management, to deploying virtual assistants to provide 24/7 support, and implementing predictive analytics that can anticipate service needs and optimize resource allocation. These capabilities enhance productivity while allowing government employees to focus on higher-value work that directly improves mission outcomes. AWS announced the Generative AI Impact Initiative, a two-year, $50 million investment designed to accelerate AI adoption among public sector organizations. Since then, customers from around the world have increased innovation using AWS generative AI services and infrastructure, such as Amazon Bedrock, Amazon Q, and more. 3. Invest in upskilling and workforce training Technology is only as effective as the people who use it, and agencies that invest in continuous learning and workforce development are able to more fully realize the benefits of modernization. Upskilling is time and resources well spent. This is why AWS offers a wide range of training and certification programs designed specifically for public sector professionals, helping agencies close the digital skills gap and build a future-ready workforce. Federal employees can also take advantage of our newest programs: AWS Certified AI Practitioner and AWS Certified Machine Learning Engineer – Associate. Training has been a longstanding investment for AWS. In December 2020, AWS committed to investing hundreds of millions of dollars to provide free cloud computing skills training to 29 million people worldwide by 2025. More than a year ahead of schedule, AWS has surpassed this ambitious goal, having helped more than 31 million learners across 200 countries and territories build their cloud skills through its free training initiatives. This milestone represents AWS's relentless drive to democratize access to cloud careers and uplift communities worldwide. 4. Optimize budgets through data-driven decision making Efficient budgeting requires real-time visibility, strategic planning, and accountability. Cloud-based analytics tools can empower agencies to make smarter financial decisions and maximize the impact of public funds. According to an ESG Economic Validation study, 83 percent of organizations reported that AWS helped them improve their ability to perform analytics on their data, and organizations leveraging AWS analytics tools experienced a 37 percent improvement in the speed of data-driven decision making—enabling more strategic resource allocation and budget optimization. AWS tools can empower agencies to gain financial transparency and control through real-time cost monitoring and forecasting dashboards that track and predict spending patterns, resource optimization capabilities, and performance metrics that align spending directly with mission outcomes and citizen satisfaction. With solutions like Amazon DataZone, agencies can implement comprehensive data governance while democratizing access to insights. The Defense Innovation Unit used cloud technology to optimize air logistics, which has critical impact on national security. With the ability for on-time package delivery worldwide, AWS used its internal air logistics optimization engine to create a service that the U.S. Department of Defense (DoD) tested. During a demonstration, Amazon developed several route options which reduced the number of needed aircraft by up to 50 percent, drove mission operation cost savings by 12 percent, and reduced pallet delivery expenses by 10 percent. Conclusion Achieving meaningful modernization is not just attainable for government agencies—it's essential for America's continued AI leadership. By migrating to the cloud, adopting AI, investing in workforce development, and optimizing budgets, federal agencies can transform their operations while simultaneously strengthening the nation's position at the forefront of global innovation. At home, these modernization efforts create a powerful foundation for advanced AI applications that directly improve Americans' everyday interactions with government, building trust in institutions while ensuring taxpayer dollars deliver maximum value. AWS remains committed to working as a trusted mission partner with the federal government to achieve these goals through secure, scalable, and cost-effective cloud solutions that accelerate America towards technological advancement and AI leadership. By Chris Erasmus, The Country Manager, AWS, UAE
Yahoo
5 hours ago
- Business
- Yahoo
Moffett Nathanson Remains Bullish on Amazon.com (AMZN), Raises PT to $253 from $250
Inc. (NASDAQ:AMZN) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 25, Michael Morton from Moffett Nathanson maintained a Buy rating on Inc. (NASDAQ:AMZN), raising the price target on the stock to $253 from $250. A customer entering an internet retail store, illustrating the convenience of online shopping. Morton reasoned that Inc. (NASDAQ:AMZN) is well-positioned to exceed profit expectations in 2025 and 2026, even if cost pressures increase in its cloud unit, Amazon Web Services (AWS). Inc. (NASDAQ:AMZN) is a multinational technology company that provides online retail shopping services. It operates through the North America, International, and Amazon Web Services (AWS) segments. Its AWS segment covers global sales of storage, computers, databases, and other services for government agencies, academic institutions, startups, and enterprises. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Business
- Yahoo
Fortinet (FTNT) Supercharges Cloud Security with FortiCNAPP on AWS
Fortinet, Inc. (NASDAQ:FTNT) is one of 12 best cybersecurity stocks to buy now. Fortinet, Inc. (NASDAQ:FTNT) has expanded its cloud security offering with the latest enhancements to its cloud-native application protection platform, FortiCNAPP, and has made the solution more widely available through the AWS Marketplace. The move aims to provide comprehensive code-to-cloud protection at a time when enterprises are increasingly relying on cloud infrastructure and demanding tighter integration between development and security operations. A close-up of a user authenticating into a secure network using a two-factor authentication process. Built on Lacework technology, FortiCNAPP offers visibility and protection from the earliest stages of application development through to deployment and runtime. The platform is designed to identify vulnerabilities in code, misconfigurations in cloud settings, compromised credentials, and active threats, while minimizing the volume of alerts that typically overwhelm security teams. By correlating findings across different stages of the application lifecycle, FortiCNAPP helps organizations prioritize and respond to the most serious risks. Customers using FortiCNAPP are already seeing tangible results. LawnStarter, a company operating in a cloud-native environment, reported a 75 percent drop in compliance violations after deploying the platform. They credit the tool with improving access control, identifying configuration issues, and securing sensitive data within their AWS systems. With its inclusion in the AWS Marketplace, FortiCNAPP is now easier to deploy and integrates directly with services like Amazon Inspector, GuardDuty, and Security Hub. These updates reinforce Fortinet's commitment to delivering integrated cloud security solutions that reduce complexity while enhancing protection across modern IT environments. The latest release positions Fortinet to meet growing demand for unified, scalable cloud security. While we acknowledge the potential of FTNT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FTNT and that has 100x upside potential, check out our report about this cheapest AI NEXT: 10 Best Small Cap Tech Stocks With Biggest Upside Potential and . Disclosure: None. Effettua l'accesso per consultare il tuo portafoglio
Yahoo
5 hours ago
- Business
- Yahoo
Moffett Nathanson Remains Bullish on Amazon.com (AMZN), Raises PT to $253 from $250
Inc. (NASDAQ:AMZN) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 25, Michael Morton from Moffett Nathanson maintained a Buy rating on Inc. (NASDAQ:AMZN), raising the price target on the stock to $253 from $250. A customer entering an internet retail store, illustrating the convenience of online shopping. Morton reasoned that Inc. (NASDAQ:AMZN) is well-positioned to exceed profit expectations in 2025 and 2026, even if cost pressures increase in its cloud unit, Amazon Web Services (AWS). Inc. (NASDAQ:AMZN) is a multinational technology company that provides online retail shopping services. It operates through the North America, International, and Amazon Web Services (AWS) segments. Its AWS segment covers global sales of storage, computers, databases, and other services for government agencies, academic institutions, startups, and enterprises. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
