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Re:Bank of America's CEO says it's saved $2B per year by bui... by manigandham on Monday October 21, 2019 @01:11PM (#21314680)
Because of the capital and talent required to build a competitive offering. Even large companies like IBM and Oracle have failed to keep up.

The big 3 clouds have built a nice moat and can charge whatever they want. They still compete on prices but it's clear they're colluding on network fees at least.

Re:Bank of America's CEO says it's saved $2B per year by bui... by signal11 on Monday October 21, 2019 @03:54PM (#21316522)
IBM and Oracle are really not in the same class as AWS, Azure and GCP, when it comes to investing in cloud infrastructure. They’re bit players at best: http://www.platformonomics.com/wp-content/uploads/2018/05/cl...

From this article: https://www.platformonomics.com/2018/05/follow-the-capex-sep...

Re:Bank of America's CEO says it's saved $2B per year by bui... by manigandham on Tuesday October 22, 2019 @11:14PM (#21330717)
Yea, that's the point. If they can't keep up then nobody else can.
Re:Bank of America's CEO says it's saved $2B per year by bui... by toomuchtodo on Monday October 21, 2019 @01:12PM (#21314692)
It's not just capital or talent. I have seen first hand non-tech executive decision makers pick a specific cloud provider because of the old adage "No one got fired for buying IBM". That momentum is incredibly hard to compete against. Google Cloud is fairly solid from a technology perspective, not to mention Google's deep pockets, and still has an uphill climb against MS and AWS.
Re:Bank of America's CEO says it's saved $2B per year by bui... by scarface74 on Monday October 21, 2019 @01:49PM (#21315140)
GCP may be just as good technologically, but their customer support and especially enterprise support is piss poor.
Re:Bank of America's CEO says it's saved $2B per year by bui... by castlecrasher2 on Monday October 21, 2019 @02:34PM (#21315648)
Not directly a response to you, but GCP is actually phenomenal in some areas over AWS: BigQuery, Data Studio (I know it's not really "GCP" but vs AWS' offering), and Pubsub come to mind.

Oddly enough, they falter in other areas: no equivalent to Kinesis Firehose, and true to your point, I was told by customer service just to build my own DataFlow job to take a Pubsub topic and make files.

It's like some of their product managers have a very customer-first mindset (BigQuery, Pubsub) and some could not care less.

Re:Bank of America's CEO says it's saved $2B per year by bui... by justesjc on Monday October 21, 2019 @02:07PM (#21315331)
Some would say, non-existent.
Re:Bank of America's CEO says it's saved $2B per year by bui... by sgt101 on Monday October 21, 2019 @03:59PM (#21316594)
Their model is third party partners.