Also, even for a "simple" cloud transcoding service, Amazon's offering is pretty limited in what it can do right now[2] - you can basically only encode H.264 & AAC in MP4, define the profile, level and bitrate, and that's about it. Zencoder has much more options in comparison and has generally more transparency in regards to what their encoding software actually does (sadly when I asked them about getting access to x264 settings directly, they replied along the lines of "they could change and things might break for users!" - which I don't think would be an actual issue since the direct settings ought to be for advanced users only, and they should be aware of things changing - plus Zencoder could just notify users of direct settings before they upgrade so they have time to adjust their settings if necessary).
[1] https://app.zencoder.com/docs/api/encoding/h264/tuning
[2] http://docs.aws.amazon.com/elastictranscoder/latest/develope...