Ferrari S.p.A. (RACE)

[TechWhiz]

Amazon (AMZN) AWS Picked by Ferrari, Bolsters Client Base

Zacks Equity Research
Mon, June 21, 2021, 11:45 AM

Amazon’s AMZN cloud computing arm — Amazon Web Services (“AWS”)—entered an agreement with Ferrari RACE.

Notably, Ferrari selected AWS as its official cloud, Machine Learning, and AI provider to bring advancements across its road cars department, GT Competitions, the Ferrari Challenge, and the Scuderia Ferrari FORMULA 1.

Ferrari will leverage AWS’s analytics, ML, compute, storage, and database capabilities such as Amazon Elastic Compute Cloud, AWS Graviton 2-based instances, Amazon SageMaker, Amazon Simple Storage Service, AWS Lake Formation and Amazon Elastic Kubernetes Service. These will aid Ferrari to streamline the design and testing of its cars.

Also, the company strives to gain insights about car performance on roads and tracks on the heels of AWS services.

Additionally, AWS compute, containers, and media services will be utilized by Scuderia Ferrari to unveil a digital fan engagement platform via its mobile app.

The latest move by Ferrari highlights the efficiency and reliability of AWS’s innovative cloud products and services.

https://finance.yahoo.com/news/amazon-amzn-aws-picked-ferrari-154503190.html