200,000 servers isn't actually that many. 200,000 c5.xlarge's at on demand rates (which nobody with 200,000 servers pays) will cost you about $300 million a year. So they are realizing savings at about an order of magnitude higher than you'd expect cost wise.
I used to work in banking... their compute needs are actually quite basic.
I think what we're really seeing here is some creative accounting around how operations and costs are accounted for. They've got to be talking about costs of managing and operating their cloud as well, and most of those costs would be in terms of training & workforce retooling.
I used to work in banking... their compute needs are actually quite basic.
I think what we're really seeing here is some creative accounting around how operations and costs are accounted for. They've got to be talking about costs of managing and operating their cloud as well, and most of those costs would be in terms of training & workforce retooling.