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Amazon Web Services (AWS), is a subsidiary of Amazon.com, which offers a suite of cloud computing services that make up an on-demand computing platform. These services operate from 12 geographical regions across the world. The most central and best-known of these services arguably include Amazon Elastic Compute Cloud, also known as "EC2", and Amazon Simple Storage Service, also known as "S3". AWS now has more than 70 services that span a wide range including compute, storage, networking, database, analytics, application services, deployment, management, mobile, developer tools and tools for the Internet of things. Amazon markets AWS as a service to provide large computing capacity quicker and cheaper than a client company building an actual physical server farm.
Source: Wikipedia