Red Hat has announced the Virtual Storage Appliance for Amazon Web Services (AWS), which can take advantage of Amazon's cloud while at the same time offering excellent performance, the company said on Tuesday.

Amazon Web Services has cut the cost of storing data using its Simple Storage Service (S3) -- saving users with 50 TB stored on the service around 12 percent on their monthly bill, the company said on Monday.

Cloudyn is launching a hosted service on Monday that aims to monitor a company's cloud usage and recommend ways to optimize that usage in order to cut costs.

Amazon said flooding in Thailand and economic problems in Europe weighed on its financial results for the fourth quarter but it also said it was pleased with the results, which disappointed investors.

Amazon Web Services has launched a public beta test of AWS Storage Gateway, which allows enterprises to back up application data in Amazon's cloud using a software appliance, the company said on Tuesday.

There's been a lot of discussion the past couple of days about an analysis by Guy Rosen, in which he estimates that Amazon Web Services (AWS) is provisioning 50K EC2 server instances per day. He created this estimate by examining EC2 resource IDs and doing a time-series analysis on how much the IDs are incremented per hour.