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AWS Customers Rack Up Hefty Bills For Moving Data

An anonymous reader quotes a report from The Information:

There are a lot of ways companies can rack up high bills for using cloud services, sometimes unexpectedly. One particularly stiff expense is the cost of shifting data from one cloud provider’s servers to another provider, or to a company’s own data center. The Information hasĀ learned just how much some companies have had to pay for these “data transfer” costs, as they’re called. The chart above shows how much 10 of the top customers of Amazon Web Services — the dominant cloud provider — paid for data transfer services in 2017 and 2018. The chart, which is based on internal AWS sales figures obtained by The Information, show that data transfer charges for one customer, Apple, approached $50 million in 2017. That represented about 6.5% of Apple’s total AWS bill of $775 million for that year, the sales figures show. Seven of the 10 companies saw increases of at least 50% in their AWS data transfer bills last year compared to the year before.

The reason for the high bills could “stem from growth in the number of users on a company’s web service, longer-than-average usage sessions and the addition of data-intensive features such as video,” the report says.

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Bank of America Says It Saves $2 Billion Per Year By Ignoring Amazon and Microsoft and Building Its Own Cloud Instead

Bank of America has bucked the Wall Street trend by building its own private cloud software rather than outsourcing to companies like Amazon, Microsoft, and Google. From a report:

The investment, including a $350 million charge in 2017, hasn’t been cheap, but it has had a striking payoff, CEO Brian Moynihan said during the company’s third-quarter earnings call. He said the decision helped reduce the firm’s servers to 70,000 from 200,000 and its data centers to 23 from 60, and it has resulted in $2 billion in annual infrastructure savings.

As found on Slashdot: https://slashdot.org/story/362412