Live data from Hacker News

81% of IT teams directed to reduce or halt cloud spending

venturebeat.com

41–50 of 235 posts

Re: 81% of IT teams directed to reduce or halt cloud spending

#41
post #21

Earlier quoted context omitted.

People do cook instead of eating out . Analogies are not problem-solvers, and it's a false dichotomy because owning is not the only alternative to the cloud

Most home cooks and restaurants don't grown or transport their own food. Even at a farm to table type place there's often different people doing the different work. What's wrong with letting the specialists handle logistics so you can focus on business logic instead of basic piping?

what 's 'wrong' is that farmers and grocers don't have AWS's enormous profit margins. So now the market is looking for more efficient solutions

Re: 81% of IT teams directed to reduce or halt cloud spending

#42
post #29

Earlier quoted context omitted.

As far as I know, none of my farmers and grocers are building penis rockets and flying them to space, so they might be working with a bit lower margins than AWS.

You do realize there are billionares in the food / agriculture business too, right?

Certainly, but none as rich as Bezos and so their metaphorical phalluses take less impressive forms. I'm sure he'll be happy to give them a ride at least.

Re: 81% of IT teams directed to reduce or halt cloud spending

#43

I wonder if companies are 1. actually seeing economic difficulty and responding by cutting costs, or 2. imagining/predicting a slowdown, responding to their imagined/predicted slowdown by cutting costs, thereby causing an actual slowdown.

Medium sized VC funded companies are usually not profitable month to month, and have a runway - how many months till we run out of cash?

Previously, having two years of runway was considered plenty since new rounds were raised every 18 months or so.

The word around VCs is that there won’t be as much bubbly investment as there was in the last decade, so now a four year runway is a common target. So you cut costs till you get to a four year runway.

Re: 81% of IT teams directed to reduce or halt cloud spending

#44

Earlier quoted context omitted.

Recursive lambda function call?

It's actually pretty cool, and the evolution of a piece of software I barfed out about 5 years ago. It's a CI job that deterministically runs thousands of simulated flights of an autonomous airplane, across a wide variety of interesting scenarios.

I’m having the same conversations with people but from the opposite side: I’d far, far prefer you click the $50 button than do anything at all in the real world, because anytime anyone at my work touches anything that isn’t a keyboard, it’s costing us a hell of a lot more than that.

Re: 81% of IT teams directed to reduce or halt cloud spending

#45

I wonder if companies are 1. actually seeing economic difficulty and responding by cutting costs, or 2. imagining/predicting a slowdown, responding to their imagined/predicted slowdown by cutting costs, thereby causing an actual slowdown.

Medium sized VC funded companies are usually not profitable month to month, and have a runway - how many months till we run out of cash? Previously, having two years of runway was considered plenty since new rounds were raised every 18 months or so. The word around VCs is that there won’t be as much bubbly investment as there was in the last decade, so now a four year runway is a common target. So you cut costs till…

4y is insane for anything before round B (?). Might as well bootstrap at this point.

Re: 81% of IT teams directed to reduce or halt cloud spending

#47
"further 29% noting they’ve switched public cloud providers in the first half of 2022 due to high prices"

Wait, what? There's no way 29% of companies noped their way out of cloud provider lock-in. Not saying it doesn't happen, but 29% is a huge number.

Unless of course they're startups with no idea how they want their infrastructure run or legacy companies dipping their feet (?) in the cloud for the first time.

Re: 81% of IT teams directed to reduce or halt cloud spending

#48

How many would say this normally? I.e., what's the baseline? Meanwhile, how many are giving their teams the resources (i.e., people) necessary to do the analytics on the bill required to find & cut costs? Every cloud I've worked with has been terrible at billing in a way that could be reasonable investigated. At one point we literally pulled all the billing data into a SQLite database. (And that was a great idea, as…

I manage one midsized company's set of cloud resources that I'm pretty sure could be reduced by 40% in cost or more if they were willing to take a 3 year advanced reserve. The problem is I can't get a handle on how much their infrastructure will or won't need to scale in the next three years, since they themselves don't know. There's always some new deal around the corner that would require scaling up. On top of that, I'm not sure what we have now will even be sufficient for the existing size of the business a year from now, as much depends on new features in the pipeline and how they end up being used. The result is they end up overspending by probably $3k a year, but the upshot is the flexibility. As far as getting completely off the cloud, I migrated them away from dedicated boxes years ago and I don't miss dealing with maintaining those. The extra time for that alone was worth at least $3k a year. Even with a smaller dedicated data center, there are still issues with getting tickets responded to promptly. And there's way less in the way of failover unless you build it yourself.

Re: 81% of IT teams directed to reduce or halt cloud spending

#49

How many would say this normally? I.e., what's the baseline? Meanwhile, how many are giving their teams the resources (i.e., people) necessary to do the analytics on the bill required to find & cut costs? Every cloud I've worked with has been terrible at billing in a way that could be reasonable investigated. At one point we literally pulled all the billing data into a SQLite database. (And that was a great idea, as…

> Meanwhile, how many are giving their teams the resources (i.e., people) necessary to do the analytics on the bill required to find & cut costs?

Surprisingly enough we have 3 people working on it right now.

Sadly they’ve found that it was extremely easy to save several thousands of dollars a day, and has been so for the past two years.

Re: 81% of IT teams directed to reduce or halt cloud spending

#50

I have access to a button that I can trivially press, that a coworker recently told me generates a $50 AWS bill.

There's various levels of foot-gun clicks that can generate AWS bills many orders of magnitude larger. Reserved Instances are a really quick and easy way to blow a few million with one click. Europe (Frankfurt), 3 year, all-upfront, Windows w/ SQL Enterprise, Dedicated Tenancy, u-12tb1.112xlarge instance at $5,926,378 up-front. The discounted $225/hour rate for it disappears into the background noise. (No, I'm not wi…

You can increase it to $6,070,809.96 by not paying upfront, or an order of magnitude more by just buying it on-demand and not checking your bill for 3 years (not recommended).
Post reply on HN