ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

From tomatoes to banks, Amazon dominates Japan's cloud

BOJ's negative interest rate convinces lenders to leave data with AWS

Amazon's cloud is used in managing the growth of tomatoes.

TOKYO -- The Bank of Japan's January 2016 decision to introduce a negative interest rate has had ripple effects throughout the economy, but one unexpected beneficiary has been Amazon Web Services.

The subsidiary currently serves more than 100,000 companies in the country, up over fivefold from approximately 20,000 in 2013, as financial institutions increasingly jump on the cloudwagon.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more