financial death trap as a service: cloud computing providers - boaz menuhin, oracle data cloud -...
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Financial death trap as a service:Cloud computing providers
Boaz Menuhin
Boaz Menuhin
Works at Oracle Data Cloud (ex-Crosswise)
We sell Data
We process a lot of data
Petabyte scale every week
BigData no money
1st step - The basics
2nd step - Build a golden cage
3th step - offer common usage as a service
4rd step - make money on the side
5th step - Make sure no one understands the pricing
Example: (AWS) Glacier data retrievals are priced based on the peak hourly retrieval capacity used within a calendar month
General pricing approach
General pricing approach
General pricing approach
Bad habit
So what should we do?
Hack the pricing model
Some of our hacks:
- Built our own ELB
- Built our own SQS
- Hacked the way Amazon wants us to use EMR
- Rely heavily on Spot instances