โ๐โ (Formerly Twitter) Achieves Remarkable 60% Cost Savings After Leaving the Cloud โ๏ธ๐ฐ๐ฑ
While the cloud is often seen as a cost-saving alternative to traditional infrastructure, recent developments show a different perspective. Twitter, now known as โX,โ claims to have achieved a staggering 60% cost reduction after leaving the cloud ๐ฎ.
Hereโs the breakdown of this cost-saving feat:
๐ฒ Twitter used to spend a hefty $100 million annually with AWS.
๐ฅ Exiting the cloud has translated to a whopping $60 million in savings each year ๐.
So, how did โXโ manage to pull off this remarkable cost-saving transformation?
- ๐ผ โXโ had an extensive five-and-a-half-year AWS deal valued at $510 million, roughly $7.73 million per month ๐ธ.
- ๐ They optimized their expenses by efficiently managing server capacity, especially during low-traffic periods.
- ๐ค Negotiating contracts with major cloud providers like AWS, Google Cloud, and Oracle played a vital role in their strategy.
Key Takeaway:
๐ฐ This story highlights the importance for businesses to continuously explore opportunities for cost optimization.
What are your thoughts on โXโsโ bold move to cut costs? Are there other factors contributing to the savings? Share your insights below! #cloudsavings #coudnloud #manitechy
Reference credits: Nasiullha Chaudhari
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