Sounds like some kind of upfront payment discount.
Looks like it but what cartoon world do we live in where a bill for logging is 65 million.
Cloud
A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
51–60 of 227 posts
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#52Earlier quoted context omitted.
Kubernetes with Graphana is free. The combo provides logging, performance stats and graphs and lets you auto-scale based on usage. Unfortunately, avoiding insanely costly SaaS solutions requires engineers to plan ahead and design the entire stack on top of certain open source solutions. I suspect that many engineers today receive kickbacks from SaaS providers to lock-in their employers. Employers are none the wiser a…
> Unfortunately, I suspect that many engineers today receive kickbacks from SaaS providers to lock-in their employers. Cmon man, really? Drop the conspiracy theories. I’ve personally been the guy advocating for datadog at 4 startups. Mainly because of opportunity cost - we have 10-100 engineers, I want them building product not figuring out how to deploy a whole ecosystem of observability tools. IF we get big let’s r…
I do a lot of negotiating on products like this. The most I've ever gotten was a shirt and some stickers for my kid. Definitely not enough to move the needle on $250k/year deals. I feel like I'm missing out!
I love how good DataDog is. It's a great product. Too expensive though. I love most of the people I've worked with at Grafana Cloud but it's a painful product. The price makes up for it though, so we use Grafana Cloud.
We may end up with something like signoz, when we have the cycles but the ROI is bad when I already have twice as much work as people and that barely more than KTLO.
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#53Earlier quoted context omitted.
Obviously SaaS providers will not offer kickbacks to startups, the deals aren't usually big enough. I've witnessed it in a big corporation once. One of the engineers was VERY insistent on using a specific solution even though it didn't make sense technically and everyone else was against it but because they were more senior, they made the final call. If they don't get outright bribes, they will get lucrative job offe…
I know many of the senior folks at Datadog and they aren't stupid. They wouldn't hire someone dumb enough to spend $5M a month on their product.
And hiring someone corrupt enough to sell out their previous employer for their current one is rarely a smart move, as they are liable to do the same when angling for their NEXT job.
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#54What is best cost effective and decent alternative to DD in 2023? I also feel like they are robbing me blind. Great product though.
Plug: If you're looking for something a bit more "few-clicks-and-you-are-up-and-running", check out OpsVerse ObserveNow: https://opsverse.io/observenow-observability/ .. Entirely powered by OSS tools, ingestion-driven pricing, and without the hassle of managing the stack and scaling up.
Best of all, can also be run entirely within your own AWS/GCP/Azure so you only pay OpsVerse for maintaining the stack based on your ingestion (and we also monitor the monitoring system for you ;))
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#55Earlier quoted context omitted.
Yup, they did that to our team too. Calling my coworker during the evening, emailing me and messaging me on LinkedIn at the same time. When I said "no thanks" they replied with a message to set up a meeting. Went from a maybe someday to a never real quick. They really need to rethink their marketing.
I wonder if that kind of marketing is actually quite successful. You'd think they wouldn't risk their reputation otherwise right?
> I wonder if that kind of marketing is actually quite successful.
I think their revenue says it is, unfortunately.
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#56Earlier quoted context omitted.
I wonder if that kind of marketing is actually quite successful. You'd think they wouldn't risk their reputation otherwise right?
Could be salespeople that are paid by contracts closed, with zero regards for the consequences to the company's reputation.
How can you secure an opportunistic and resourceful sales team that's encouraged by commission, but not corrupted by it?
What are some of the best ways to ensure the folks developing business leads don't sell out your future for their present?
What are the best incentive structues you can provide so they don't want or need to?
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#57Earlier quoted context omitted.
I wonder if that kind of marketing is actually quite successful. You'd think they wouldn't risk their reputation otherwise right?
Could be salespeople that are paid by contracts closed, with zero regards for the consequences to the company's reputation.
Google and Facebook ads support folks do the same thing, I'm guessing they have some incentive and some metrics to hit, such as number of people who they actually talk to etc.
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#58What is best cost effective and decent alternative to DD in 2023? I also feel like they are robbing me blind. Great product though.
An OpenSource alternative to DataDog built on ClickHouse database which is also native to OpenTelemetry https://github.com/SigNoz/signoz
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#59What is best cost effective and decent alternative to DD in 2023? I also feel like they are robbing me blind. Great product though.
(disclaimer, I'm with Grafana). We added a lot to our free Grafana Cloud so you can kick it pretty hard (and harder during the first 14 days when everything is beefed up). Free tier comes with 3 Grafana front end users fully managed, backend (with storage) 50gb Loki logs, 50gb Tempo traces, 10k monthly active series prom metrics, IRM/on call, k6 user testing hours and other stuff too. And for the quick solution integrations we made a K8s monitoring solution with out of the box dashboards, KPIs and alerts. Same thing we did with many others. We absolutely have more work to do in simplifying the user experience too.
Re: A cryptocurrency company had a $65M bill, per Datadog’s Q1 earnings call
#60(Disclaimer: I work at Chronosphere)
Our company helps avoid these kinds of observability bills and issues like scaling for fast-growing cloud deployments. Generally speaking, many vendors let you fall into the cardinality trap b/c they have an economic incentive to let you do so. One of our biggest selling points is that we provide an observability control plane that helps drill down into wasted queries, shows how metrics can be aggregated, and other ways of avoiding wasted cost/effort. tbh no one should have to pay more to observe a service than to operate it. Where’s the ROI in that? Another plus is that we're all in on open source instrumentation with OpenTelemetry & Prometheus so none of that annoying vendor lock-in.