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Weird. I assumed he was just working at places with unusually thick-headed and over-respected accountants, but then I got to this part: >The accountants, howev
by SilasX 6y ago
Weird. I assumed he was just working at places with unusually thick-headed and over-respected accountants, but then I got to this part:
>The accountants, however, were more worried about the abstract and frankly imaginary concept of depreciation that would come from us technically now owning these assets and them losing 10% of their value per year on paper. This theoretical drawback was seen as more important than the real-life cost-effectiveness of being able to win revenue for the organisation with this logistical cost stripped out. Compared with €600 per month, 10% of the value being lost off each car each year would only have amounted to €300 anyway!
... and remembered all the people saying that the major "benefit" of AWS (and related services) was that they get to purchase all their computational resources as operational expenditures rather than face the downsides from a capital purchase and its depreciation accounting. And the "only pay for resources as needed" was just icing on the cake.
- rorykoehler 6y agoNot having to run a data centre or ever worry about hardware ranks pretty high for me.
- SilasX 6y agoObviously. But this comes up in conversations where the company is already okay with regular hardware overhead and where, by any reasonable accounting, it's cheaper to do it that way, but the capex premium is just so ridiculous that AWS still looks preferable.