financial death trap as a service: cloud computing providers - boaz menuhin, oracle data cloud -...

Financial death trap as a service:Cloud computing providers

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

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

Thank you

Why yes, my dear, indeed, we are hiring!

boaz.menuhin@gmail.com

Technology