Amazon.com has more than tripled its capital spending over the past year as the company focuses on building out its Amazon Web Services (AWS) business, which includes the build out of data centers in North America and Europe to support its AWS initiative. AWS is a technology service that provides developers, primarily startups, the ability [...]

Cloud computing is not just a buzzword but is changing the IT service model for many companies.

Last year was a very turbulent year for IT spending. Most companies were trying to reduce their costs and weren’t spending cash on their IT infrastructure until the dust settled from the great recession of 2009.