Amazon's new super cool cloud hosting service, the cloud computing of our dream

Amazon Web Services' High I/O Quadruple Extra Large instance in Elastic Cloud Compute (EC2) have made its debut. Now it provides 2TB of local SSD-backed storage with 60.5GB of RAM(Random Access Memory) running on eight virtual cores. Most enterprises can't afford such high-performance data center equipment, and the cloud providers are hoping that the capacity, formerly only dreamed of, might draw faster cloud adoption.
Many companies look to public cloud providers to provide access to commodity hardware and software, but it's clear the state-of-the-art computing and storage services offered well exceed what's considered "commodity."
As enterprises and government agencies continue to grow the use of big data systems and other compute- and I/O-intensive tasks, the demand for high-performance computing will increase significantly. In the world of high-performance computing, the case for buying your own gear simply doesn't make as much financial sense as getting it from the cloud.

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