April 2018 Summaries

The growth of Amazon S3 object storage has been remarkable, with over 70% of companies utilizing the platform for storing and analyzing their most valuable data. This trend is driven by its cost-efficient and elastic characteristics, making it an attractive option for data lake architectures and business intelligence. The report also highlights the importance of object storage in streamlining historical trend analysis and machine learning, as well as the need to overcome barriers such as moving data out of S3 to process and analyze it. Key industries driving this growth include SaaS businesses building on AWS, which generate a large volume of log and event data and rely on S3 as a foundational platform for next-generation analytic solutions.