EC2 is a web service offered by Amazon to persons or companies with websites who want to outsource ownership of web servers. The idea of EC2 is to lighten the cost of buying servers to host a website, but more importantly to eliminate the wasted time web site developers devote to managing hard assets. Instead of buying servers to increase capacity or add new web features, you simply buy more gigabytes on EC2. Amazon sells it in subscription form, with subscriptions based on how much capacity you use. I am not sure if they charge based on CPU, storage, or run time (hits). Eventually, services like EC2 will dominate, eliminating much wasted power and hardware costs for companies everywhere.
EC2 is Amazon's cloud computing facility. It's main advantage is that one pays on demand - rather like a PAYG cell phone. It can be used with Windows and Linux operating systems.
Amazon EC2 provides virtual servers that you manage, giving you full control over the operating system, storage, and networking. AWS Lambda is a serverless service that automatically runs your code in response to events, eliminating server management and charging only for the compute time used. EC2 is ideal for long-running applications, while Lambda is best for event-driven, short-duration workloads.
EC2 has both console and command line tool. However, you need to install Java or have launch an server image with Java
It is possible to setup an eCommerce Store by combining the possibilities of Woocommerce, Wordpress & Amazon EC2
The 'EC' in the 'EC2' postcode stands for Eastern Central. It refers to the Eastern Central portion of London. Specifically, the EC2 district covers an area within London that is bordered partially by Bishopsgate and Cheapside.
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AWS EC2 (Elastic Compute Cloud) is a cloud service that provides scalable virtual servers for running applications. It allows users to launch, manage, and resize computing resources on demand. AWS EC2 is essential for cloud infrastructure because it offers flexibility, high availability, cost efficiency, and the ability to scale resources based on business needs.
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Cloud computing itself is the delivery of computing as a service and therefore you need a grid similar to the internet to utilize it. One place that offers a web service for what you are looking for is called Amazon Elastic Compute Cloud. Amazon EC2's simple web service interface is fairly simple and may be just the thing you are looking for.
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Unless you are an insider it will be difficult to fins out. However, the following link gives you some information (http://www.crn.com/news/applications-os/226500204/amazon-cloud-revenue-could-exceed-500-million-in-2010-report.htm). They estimate that a $500 million revenue on cloud services (this could be compared to a total revenue of about $ 25 000 million a year.