3min chapter

2.5 Admins cover image

2.5 Admins 133: ElasticWallet

2.5 Admins

CHAPTER

The Cost of Storage in the Age of Cloud Computing

The company is spending $60,000 a month on eight dedicated racks between two data centers. That's only $720,000 a year for the space and power and bandwidth. And we're getting faster hardware, more cores, NVMe storage rather than cloud based network storage that maybe is backed by NVMe but it's slowed down by the fact that it's over the network. We can still fit four more racks in each data center. In round numbers, let's just call it saving a million and a half dollars a year times five years is $7 million to someone else's business.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode