New age tech could produce personalised medicine.
Google is reportedly competing with Amazon to store data on human DNA in its servers, which is expected to help scientists come up with medical discoveries.
The companies are in the race to corner a slice from the business which could be worth $1bn a year by 2018.
Healthcare companies and academic institutions are reportedly trying to pick sides between Amazon Web Services and Google Genomics, and according to some of the clients, the companies are providing better storage solutions than the ones they own.
The new age technology could help medical experts come up with personalised medicine, that will help doctors plan a treatment based upon a patient’s DNA profile.
The companies did not reveal the amount of genomics data they hold presently, but according to some reports cited by Reuters, Amazon Web Services is presently leading the race.
However, to store one full human genome, Amazon charges $4 to $5 a month, and Google charges around $3 to $5 a month.
Google has won several big projects including one from the Autism Speaks foundation to gather and analyse the genomes of 10,000 affected children and their parents.
Amazon has also embarked upon the Multiple Myeloma Foundation’s project, which collects complete-genome and other data from 1,000 patients to find out new drug targets.