I went hybrid on my setup. Cloud can get expensive quick. I got a $1,000 bill in 24hrs because a developer made a mistake calling unnecessary API's. Fortunately i explained the situation and got the bill removed. Lesson learned.
it's more than that. It's a money tree for the provider. If you're a startup, you're crazy not to start out in the cloud, but if your business survives, you're crazy to stay.
10:11 there is way less flexibility to rent (a house) rather than own! You can’t just do what you want when you want it… it has to go through the landlord…. And they may evict you… and there’s no guarantee you’ll get a house in an area you want for the price you need, if at all. Renting is a terrible proposition unless it’s absolutely necessary… and it’s usually necessary because of the arbitrary barriers to entry, like ridiculous sums of deposit.
Agreed - there is the other type of flexibility of being able to move - without any risk of trying to sell or rent out your property. When renting, you can just leave and move for an opportunity, something I have done a couple of times. Although this metaphor doesn't translate as well to hosting. Haha
I don't understand how come Wallmart - their no1 cometitor - went 100% AWS. I wonder what kind of deal they got and what kind of clauses there are in their contract that forces Amazon to not hold them hostage.
A few thoughts on this (haven't finished the vid): 1. If you are spending massive funds (like $38k a week), you should have redundant, multiple regions locked-in at AWS for relatively nominal outlays. 2. If hardware costs are decreasing rapidly, the value of cloud goes down and on-prem rises. 3. If you discount proprietary software offerings of cloud providers (I think you should), you are left with a utility; utilities are rarely highly profitable over a long period of time. If the major revenue and earnings growth of $AMZN is AWS (utility?), perhaps one should be thinking "timber" (?).
When he starts talking about switching off the cloud as a moral good by decentralizing the internet, I get the feeling it’s a cost saving maneuver and the moral angle is going to be used to justify the decreased quality of the service.
Why is this video not gaining traction ?
Very cool video! Lots of good insights!
I went hybrid on my setup. Cloud can get expensive quick. I got a $1,000 bill in 24hrs because a developer made a mistake calling unnecessary API's. Fortunately i explained the situation and got the bill removed. Lesson learned.
5:37 exactly -- a lot of people thought the cloud was going to be a cheaper solution but that didn't turn out to be true.
the cloud is just another datacenter. Hybrid is fine for some workloads, but on-primes is better.
it's more than that. It's a money tree for the provider. If you're a startup, you're crazy not to start out in the cloud, but if your business survives, you're crazy to stay.
@@PacificSword With how expensive cloud is I can't say as I agree it always makes sense.
Set a cost limit after mfa
10:11 there is way less flexibility to rent (a house) rather than own! You can’t just do what you want when you want it… it has to go through the landlord…. And they may evict you… and there’s no guarantee you’ll get a house in an area you want for the price you need, if at all. Renting is a terrible proposition unless it’s absolutely necessary… and it’s usually necessary because of the arbitrary barriers to entry, like ridiculous sums of deposit.
Agreed - there is the other type of flexibility of being able to move - without any risk of trying to sell or rent out your property. When renting, you can just leave and move for an opportunity, something I have done a couple of times. Although this metaphor doesn't translate as well to hosting. Haha
I don't understand how come Wallmart - their no1 cometitor - went 100% AWS. I wonder what kind of deal they got and what kind of clauses there are in their contract that forces Amazon to not hold them hostage.
A few thoughts on this (haven't finished the vid):
1. If you are spending massive funds (like $38k a week), you should have redundant, multiple regions locked-in at AWS for relatively nominal outlays.
2. If hardware costs are decreasing rapidly, the value of cloud goes down and on-prem rises.
3. If you discount proprietary software offerings of cloud providers (I think you should), you are left with a utility; utilities are rarely highly profitable over a long period of time. If the major revenue and earnings growth of $AMZN is AWS (utility?), perhaps one should be thinking "timber" (?).
Robinson Maria Clark Mary Brown David
When he starts talking about switching off the cloud as a moral good by decentralizing the internet, I get the feeling it’s a cost saving maneuver and the moral angle is going to be used to justify the decreased quality of the service.