Amazon Launched Its Cloud Computing Offerings Ahead of Rivals Google

question 55

Essay

Amazon launched its cloud computing offerings ahead of rivals Google and Microsoft. What are the advantages of moving early in markets for cloud computing?

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Definitions:

Incurs Costs

To undergo or suffer expenses during the execution of activities or operations.

Profit Center

A business segment or department within an organization that is responsible for generating its own revenue and thereby directly impacting profitability.

Responsibility Center

A department or unit within an organization that is accountable for specific activities and performance, with its performance measured against planned objectives.

Generates Revenues

Refers to the activities or mechanisms through which a business or organization brings in income.