CARG - Amzn Stock up as Cargurus Picks AWS as the Global Cloud Infrastructure Supplier
AMZN stock was trading at $114.81 as of 12:37 PM EDT.
Online auto marketplace CarGurus ( NASDAQ:CARG ) announced that it had chosen Amazon Web Services as its primary provider of global cloud infrastructure.
Performance gains for website visitors are anticipated as a result of the multi-year agreement.
Additionally, it is anticipated that the internal development teams of the organization would be more adaptable in how they offer features and products to end users.
CarGurus will enable new product development by utilizing the strength of AWS’ compute, storage, database, analytics, and security capabilities. The CarGurus website should ultimately be faster and more user-friendly, and internal technical teams will have the flexibility to experiment and innovate in order to produce higher-quality goods and services.
According to Wendy Bauer, General Manager, Automotive at AWS, “as CarGurus becomes the online destination for purchasing or selling a car, their decision to use AWS as their global cloud infrastructure partner will provide more flexibility and constant innovation.” We are eager to work with CarGurus in the future as the...
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