4 ms·
A $3M monthly AWS bill. that's a nugget here. What that means is that amazon, Microsoft, and google are essentially selling shovels during a gold rush. On a sub
by choeger 4y ago
A $3M monthly AWS bill. that's a nugget here. What that means is that amazon, Microsoft, and google are essentially selling shovels during a gold rush. On a subscription basis. In a form that makes it tedious and costly to actually figure out how many shovels your business has, what they do and who uses them regularly.
Essentially, when there's a digital market hype, the big cloud providers collect their share on the revenue. Brilliant.
- systemicdanna 4y agoThat doesn’t sound like a valid criticism of cloud service providers. Or shovel sellers.
- rippercushions 4y agoIt sounds more like an admiring compliment. Although for cloud providers, the costs of things like hackers stealing credentials and using them to mine shitcoins are also considerable.
- kgwgk 4y agoIt doesn’t sound as a criticism at all.
- Dunedan 4y agoGoogle not so much, as they still accumulate losses with GCP. [1] [1]: https://www.computerweekly.com/news/252523200/Google-results-show-bigger-GCP-operating-loss https://www.computerweekly.com/news/252523200/Google-results...
- nicpottier 4y agoYearly, not monthly.
- Kiro 4y agoThat's like saying people selling food during the actual gold rush were brilliantly capitalising on it and equivalent to the ones selling shovels.
- rr888 4y agoI remember during the dotcom boom people thought the infrastructure providers like Sun Micro would be safer, but it got screwed along with the website companies.
- abkolan 4y agoIt was 3M yearly.