Tech's broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap
businessinsider.com
Tech's broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap::Some tech is getting pricier and looking a lot like the older services it was supposed to beat. From video streaming to ride-hailing and cloud computing.
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I can tell you at the enterprise level, Cloud services were absolutely pushed as a cost savings measure. All the math in the world can't save you from a determined C-suite, however.
We just finished our migration to the Cloud after 3 long years of effort, and while we are saving about ~2MM/mo in data center costs, our opex spend is up by around 2.5MM/mo YoY, not including all the Cloud-centric new hires.
Are you saying they already (over)spent in unrelated opex areas the savings from going to the cloud? I'm unclear if you're saying it's a consequence of the move to the cloud.
Our run rate is roughly 2.5MM more per month than what we were spending to operate two whole-ass data centers.
Hope that clarifies it a bit.