Earlier quoted context omitted.
Pretty sure a typo and the million wanted to be a kilo? $120m/year for apparently unnecessary IT capacity would be hard to hide even in government contracts...
$120m is not ridiculous for a medium to large enterprise. For an engineering team of ~1000, just the build servers will cost about $1-5m a month (depending on what's being done there).
Is the Cloud Recession-Proof?
61–70 of 116 posts
Re: Is the Cloud Recession-Proof?
#62Earlier quoted context omitted.
The guy is lying, obviously.
Maybe, maybe not. But I think I agree with you- 10m/m is a comically large number(I wonder how many companies spend even 1/100th of that a month on cloud compute?) and I have no reason to believe this person so why would I?
Re: Is the Cloud Recession-Proof?
#63Earlier quoted context omitted.
$120m is not ridiculous for a medium to large enterprise. For an engineering team of ~1000, just the build servers will cost about $1-5m a month (depending on what's being done there).
$1000+/month/per engineer sounds way too high.
Re: Is the Cloud Recession-Proof?
#64Earlier quoted context omitted.
Maybe, maybe not. But I think I agree with you- 10m/m is a comically large number(I wonder how many companies spend even 1/100th of that a month on cloud compute?) and I have no reason to believe this person so why would I?
I think it would be easy to hit especially if you were spending on cloud SAAS offerings + actually have a lot of users. I know I've managed to spend a few $10K/month on a project before - and it was actually celebrated because it was less than half the cost of what it was replacing.
Re: Is the Cloud Recession-Proof?
#65What?
Re: Is the Cloud Recession-Proof?
#66Earlier quoted context omitted.
$120m is not ridiculous for a medium to large enterprise. For an engineering team of ~1000, just the build servers will cost about $1-5m a month (depending on what's being done there).
$1000+/month/per engineer sounds way too high.
Re: Is the Cloud Recession-Proof?
#67Definitely not. My company has been drastically scaling back our AWS spend and I mean about a $10m+ a month reduction. I guarantee we're not alone. All the gee-whiz resume-driven-development type project infrastructure was the first to go lol.
Pretty sure a typo and the million wanted to be a kilo? $120m/year for apparently unnecessary IT capacity would be hard to hide even in government contracts...
Not impossible at all to believe they could cut $10M/month from could spend at a big enough company just by trying.
Re: Is the Cloud Recession-Proof?
#68Earlier quoted context omitted.
For the big 3 cloud providers, even if their cloud did contract significantly, they are all poised to earn more on the other parts of their business to make up for it.
Amazon as a retailer, sure, but why would this be true for Microsoft (software licenses) or Google (ads)?
Google is getting more traffic than ever I'm sure with people stuck at home and looking to buy or do things online. All of which are advertising their services in Google.
Re: Is the Cloud Recession-Proof?
#69Definitely not. My company has been drastically scaling back our AWS spend and I mean about a $10m+ a month reduction. I guarantee we're not alone. All the gee-whiz resume-driven-development type project infrastructure was the first to go lol.
Re: Is the Cloud Recession-Proof?
#70Earlier quoted context omitted.
$120m is not ridiculous for a medium to large enterprise. For an engineering team of ~1000, just the build servers will cost about $1-5m a month (depending on what's being done there).
$1000+/month/per engineer sounds way too high.