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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 Amazon.com 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.

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