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Re:Bank of America's CEO says it's saved $2B per year by bui... by mywittyname on Monday October 21, 2019 @01:07PM (#21314645)
Also reducing friction in getting products to market. A small team with their own BigCloud account is probably going to deliver a product to market much faster than one that needs to go through the friction of dealing with the various IT departments which invariably exist at large companies.

There is absolutely value to delivering a product to market a year or more sooner than otherwise.

Re:Bank of America's CEO says it's saved $2B per year by bui... by zaroth on Monday October 21, 2019 @02:28PM (#21315558)
This is a false dichotomy. There is the issue of restrictive IT departments, legal review, compliance review, extended QA, documentation, product literature, etc. all extending a product launch timeframe...

Separate from all of that there is a valid question whether the software stack at a big cloud provider gives your engineering department the ability to deliver features faster at scale and redundancy, and with lower ongoing maintenance overhead. I think this question is very much up for debate.

At a small scale there are absolutely cloud frameworks that let you deploy services without an IT department at large scale. But then there’s a realistic argument of whether the high premium for theoretical scale—when in actuality you’re serving dozens not millions of customers—is worth the high cost of capital.

E.g. several startups of mine have persistent on a couple colocated dedicated servers for over a decade at a cost of $300/mo. The equivalent deployment in the cloud is closer to $3,000/mo.

I know this because I got $300k of Azure credits to play around with and ended up not using most of them. The long-run cost was too high to move to Azure. But there were months when I “spent” $6k of credits on a dozen VMs and associated storage and network that had equivalent performance to my rented bare metal.

Re:Bank of America's CEO says it's saved $2B per year by bui... by McAtNite on Monday October 21, 2019 @01:18PM (#21314775)
The friction from various IT departments are often beneficial. I’m probably speaking from a point of bias as I’m one of those departments, but we often have to sanity check the implementation of things and review the security implications.

I’ve encountered quite a few devs whose only focus is on achieving the specified goal without considering the full security scope. I don’t blame them, that’s what they are there for. Stepping in for ensuring the customer security and regulation requirements is what I’m here for.

Re:Bank of America's CEO says it's saved $2B per year by bui... by testplzignore on Monday October 21, 2019 @01:38PM (#21314991)
But at a large company, how likely is it that a team is going to have their own AWS account AND have free rein over it? You'll still have all of the friction for compliance and security. And turf battles.

It's like using package managers like Maven and npm. Sure, they make going to market much faster for small organizations. But at companies that have strict security procedures, downloading unvetted stuff from the internets and putting it into production does not fly. You'll have internal repos that work with your package manager tools, but nothing gets into those repos without at least a cursory review.

Re:Bank of America's CEO says it's saved $2B per year by bui... by mywittyname on Monday October 21, 2019 @02:39PM (#21315718)
But at a large company, how likely is it that a team is going to have their own AWS account AND have free rein over it?

The two companies I've used AWS at both operated this way. In fact, each team has multiple product accounts (for dev, testing, production). So I don't think it's unusual at all.