The Amazon Web Services (AWS) Amplify Framework is an open-source development framework for building mobile and web applications. AWS Amplify Framework is an end-to-end platform for creating, developing, and maintaining cloud-enabled applications for native-like app experiences.  Examine how AWS Amplify enables businesses to develop scalable mobile and web applications with improved performance and speed.

What is AWS Amplify?

AWS Amplify makes it simple to develop, maintain and deploy applications by reducing the time and cost. The tool offers scalable and full-stack development options without having to worry about frontend or backend configurations. AWS Amplify Console is used to build, deploy, and host web apps. By making the application's backend serverless, AWS Amplify allows developers to focus on code and its efficiency rather then on backend configuration, maintenance, and performance.

AWS Amplify offers:

• JavaScript Library –  Connects front end code to the cloud
• Command-Line Interface (CLI) – Configures the backend to applications by using a unified toolchain.

Benefits of Using AWS Amplify

• Easier and faster to build mobile and web applications
• Don't need to manage hosting and infrastructure
• Only pay for the services you use
• Modern UI-driven approach to building apps
• Improved app performance with built-in support for backend management
• Create native app-like experience at reduced costs
• AWS Device Farm allows users to easily test mobile apps in real-time on various platforms, and browsers

AWS Amplify Capabilities that Enhance Mobile App Development 

1. Authentication: Through AWS Identity and Access Management (IAM) and AWS Cognito, AWS provides secured storage and access to user data. Authentication mechanisms give control with multi-factor authentication.
2. Storage: DynamoDB and S3 services are used for storage. DynamoDB is a fully managed NoSQL database service. It's used to create tables that can store and retrieve any amount of data. S3 supports static web and media content and is more simple, secure and has a faster retrieval process.
3. API: APIs make secure HTTP requests to REST and GraphQL endpoints. API-led connectivity enables apps access, manipulates and combines data from one or more data sources securely.
4. AppSync:  AppSync is a serverless backend for mobile and web apps. It uses a GraphQL API to perform data management tasks. It supports online and offline data access.
5. Push Notifications: Amazon Pinpoint is used for push notifications. These are helpful to send personalized messages to users.
6. Bots: Amazon Lex service facilitates chatbot implementation. Artificial Intelligence can add a competitive edge by ensuring customized interactions with users.
7. AR/VR: Amazon Sumerian is used to implement AR, VR, and 3D scenes in mobile applications.
8. Analytics: Amazon Pinpoint and Amazon Kinesis analyze vast user data (like in-app sessions and events) and generates analytics, making it easy to drive business decisions and offer personalized services. 
9. PubSub Messaging (Publish/Subscribe): AWS PubSub is used to pass messages from the app to the backend. It's available with AWS IoT and Generic MQTT over WebSocket Providers.

AWS Amplify framework makes it easy to create many intelligent web and mobile applications that are easy to build, are secure, deliver high performance and offer native app-like experiences.