NETSOL Cloud Services Achieves AWS Lambda Service Delivery Designation
Portfolio Pulse from Happy Mohamed
NETSOL Cloud Services, a division of NETSOL Technologies, Inc. (NASDAQ:NTWK), has been awarded the AWS Lambda Service Delivery designation by Amazon Web Services (AWS). This recognition acknowledges NETSOL's expertise in implementing AWS Lambda, a platform that allows businesses to run code without managing servers, thereby improving agility, reducing infrastructure costs, and accelerating time-to-market for applications.
July 17, 2023 | 12:36 pm
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NEUTRAL IMPACT
Amazon Web Services has awarded the AWS Lambda Service Delivery designation to NETSOL Cloud Services. This indicates AWS's recognition of NETSOL's expertise, potentially strengthening AWS's ecosystem of partners.
While the news is positive for AWS as it strengthens its ecosystem of partners, the impact on Amazon's overall business and stock price is likely to be minimal given the size and diversity of Amazon's operations.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 50
POSITIVE IMPACT
NETSOL Technologies' division, NETSOL Cloud Services, has been recognized by AWS for its expertise in implementing AWS Lambda. This could enhance the company's reputation and potentially attract more customers.
The AWS Lambda Service Delivery designation is a prestigious recognition that could enhance NETSOL's reputation in the cloud services market. This could potentially attract more customers seeking to leverage serverless computing, thereby positively impacting NTWK's stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100