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A comment on Bank of America's CEO says it's saved $2B per year by building its own cloud. Parent comment

Re:Bank of America's CEO says it's saved $2B per year by bui... by hitekker on Monday October 21, 2019 @08:20PM (#21319069)
> Risk for the company isn't the same as risk for a mid level decision maker. Small fuckups carry the same penalty as huge fuckups. (you get fired) From my fake story, doing it in house has a relatively high chance of being a minor fuckup, and AWS has a relatively low chance of being a major fuckup. The manager is going to choose the low probability risk, even though the low impact risk is the company's best interest.

Insightful. Can you clarify what you mean by "low probability risk" and "low impact risk" ?

[ Parent | on HN ]
Re:Bank of America's CEO says it's saved $2B per year by bui... by WrtCdEvrydy on Monday October 21, 2019 @09:17PM (#21319426)
probability - Odds of a project being a success at achieving it's goals.

impact risk - Odds of a project failure causing large impact to company.

[ Parent | on HN ]