Netflix Inc. "Form 10-K for the fiscal year ended December 31, 2020," Page 20. Netflix Pushes AWS to its Limits. Netflix is a streaming service that offers a wide variety of award-winning TV shows, movies, anime, documentaries, and more on thousands of internet-connected devices. Photograph: Leon Neal/Getty AWS Documentation AWS Whitepapers AWS Whitepaper. To deliver its content, Netflix relies on Open Connect, which is a network of data centers around the world with a clear focus to bring Netflix closer to its customers globally. Six Advantages of Cloud Computing. There are thousands of Open Connect Appliances (OCAs) … AWS enables Netflix to quickly deploy thousands of servers and terabytes of storage within minutes. For both its original productions and licensed content, Netflix generally pays more in cash up front than it shows as an expense on its income statement. Netflix Inc. "Form 10-K For the fiscal year ended December 31, 2015," Page 15. Netflix decided in 2008 that its new business model would have been the complete consumption of public cloud, specifically AWS. Cash payments exceeding expenses. In essence, AWS lets any company outsource its computational and storage needs, to save it the expense of buying its own equipment. Get the detailed quarterly/annual income statement for Netflix, Inc. (NFLX). Zoom, Slack, Netflix, Reddit, and Twitter all depend on AWS for their operations. Tinder uses AWS, although a 2015 east-coast outage affected the dating service for hours, along with Netflix and a host of Amazon’s own services. Accessed Jan. 30, 2021. And the coronavirus outbreak has made AWS more indispensable than ever. You can watch as much as you want, whenever you want without a single commercial – all for one low monthly price. Netflix is an over the top internet streaming media provider comparable to Amazon Prime Instant Video, Hulu, and YouTube, as well as a DVD and Blu-ray disc provider through the U.S. Online content provider Netflix can support seamless global service by using Amazon Web Services (AWS). The computers in Amazon’s data centers power large swaths of the internet, including Netflix and Disney+, while businesses large and small depend on AWS infrastructure to stay digitally connected. Postal Service. Netflix relies on AWS cloud computing for its computing and storage related needs. Find out the revenue, expenses and profit or loss over the last fiscal year. 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