The Clap
Amazon’s (NASDAQ:AMZN) cloud services, AWS, are becoming increasingly expensive for price-sensitive customers impacted by a challenging economic environment.
What
After four consecutive interest rate hikes, businesses are growing more wary of a potential recession, driving them to preserve cash and cut costs whenever possible.
The National Football League (NFL) is looking to cut costs and conservatively plan for the coming period amid rising costs and a potential recession.
So Wha
AWS has managed to secure business from some of the largest corporations in the world over the past decade.
However, the growing fear of a recession has impacted Amazon, with AWS recording its slowest period of expansion since 2014.
Now What
Amazon has attempted to provide customers with plans to optimize their spending by either helping them optimize their spending on cloud services or providing less expensive alternatives.
