InvestorsHub Logo

tkg

Followers 30
Posts 2011
Boards Moderated 0
Alias Born 07/17/2013

tkg

Re: None

Monday, 02/26/2024 9:54:03 AM

Monday, February 26, 2024 9:54:03 AM

Post# of 196794
More and more and more..DC's coming!

2/26/24
Amazon Web Services Mexico (AWS), a unit of Amazon.com Inc, announced on Monday it will invest over $5 billion to open a cluster of data centers in Mexico, amid growing demand for cloud services as more firms adopt new technologies.
The cluster will be built in the Mexican state of Queretaro, Ruben Mugartegui, head of Amazon Web Services Mexico unit, told Reuters in an interview, adding the investment will be spread through the next 15 years.
The company has been working on this project for more than five years, Mugartegui said.
AWS currently serves clients such as Mexican theater operator Cinepolis, stock exchange BIVA, airline Aeromexico, and local governments.
Cloud computing helps companies access technology services such as storage and databases through the internet, ending the need to own and maintain physical data centers and servers. Companies can cut technology costs by around 20% when they use AWS, Mugartegui said, citing a study.
Amazon has invested over 52 billion pesos ($3.04 billion) in Mexico since its arrival to the country in 2015.
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LWLG News