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Cloud computing is already extremely profitable, and well above their 10-figure line for a sustainable project. AppEngine has been around for more than a decad
by manigandham 7y ago
Cloud computing is already extremely profitable, and well above their 10-figure line for a sustainable project.
AppEngine has been around for more than a decade. GCP might not catch up to AWS but it's not going away.
- scarface74 7y agoIs it profitable for Google?
- manigandham 7y agoYes.
- scarface74 7y agoYour conclusion is based on?
- manigandham 7y agoLike I said, it's double-digit billions product line and has a 10+ year history. And internal metrics show lots of profit margin comparable to AWS, although you'll have to find someone to share that with you in person.
- scarface74 7y agoSo either you have private information (that hopefully you wouldn’t be sharing on HN) or you can provide a public link?
- zelly 7y agoThanks just bought 100k
- pg_is_a_butt 7y agoIt IS Google... what do you think all their services run on?
- blibble 7y agoif it was extremely profitable it would be a separate line in their financial statements (rather than being aggregated with other things) it isn't, so draw from that what you will
- manigandham 7y agoGoogle earnings report shows Google Cloud and Youtube revenue for the first time: https://techcrunch.com/2020/02/03/alphabet-earnings-show-google-cloud-on-10b-run-rate/ https://techcrunch.com/2020/02/03/alphabet-earnings-show-goo...
- scarface74 7y agoAnd it is still estimated that Youtube is barely profitable between what it pays creators and bandwidth costs.
- manigandham 7y agoBarely profitable (assuming that's all it is for the number 1 video destination online) is still profitable. Also Youtube != Google Cloud.
- scarface74 7y agoYes I realize that but having revenue without profit is kind of meaningless.
- manigandham 7y agoOptimizing for growth requires forgoing profit, which is the model in place for GCP (and what everyone seems concerned over) so I don’t see what the problem is. Is it really that you just don’t feel they’re committed enough for your standards?
- scarface74 7y ago
- tmpz22 7y agoSnapchat was (is?) built on AppEngine and they signed a 5 year 3 billion dollar contract with GCP. I wouldn't be surprised if AppEngine is hanging by a thread outside of a few large users as GCP devs have on multiple occasions signaled new projects with the intention of replacing AppEngine (I forget which ones, feel free to verify that anecdote yourself).
- manigandham 7y agoAppEngine is just one product in Google Cloud, and the first they released in 2008. Of course there will be new versions and eventually new products that are recommended like VMs, GKE, Cloud Functions, Cloud Run, and more. It's still supported and has plenty of usage so I don't see it as "hanging by a thread" unless you have more data than things that people said but apparently you forgot?
- busterarm 7y agohttps://cloud.google.com/appengine/docs/deprecations https://cloud.google.com/appengine/docs/deprecations
- kccqzy 7y agoSo what? I can give you a point-by-point rebuttal of everything on that page. > The standalone legacy SDK and appcfg tooling Just use the newer `gcloud` command-line tool. > Go 1.9 (GA) and Node.js 8 (GA) Upgrade your language man. This is PaaS. You're expected to keep your app up to date. > Admin API v1beta4/v1beta5 These are beta versions of the API. Why don't use migrate to the GA versions? Etc, etc. In fact the large number of deprecations on that page only shows how rapidly new features and runtimes and frameworks are being developed to replace old ones.
- scarface74 7y agoWhile AWS has deprecated runtimes, if you have an old running version of Node for instance on lambda, it will run forever. It will force you to upgrade to a newer version the next time you update the lambda. As far as I know, AWS has never discontinued a service or turned off an API. They may deprecate a feature or make it unavailable for new accounts or regions. Heck AWS still supports running an EC2 instance outside of a VPC if your account is old enough,SimpleDB , and using S3 as a BitTorrent seed for old regions.