RE: https://mastodon.nl/@bert_hubert/115910470198130888
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RE: https://mastodon.nl/@bert_hubert/115910470198130888
Translated: All ATMs from all big dutch banks rely on Amazon AWS. So if there's a disruption with the US and you think to yourself "hey, I'm gonna pay with cash", you won't be able to get cash.
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RE: https://mastodon.nl/@bert_hubert/115910470198130888
Translated: All ATMs from all big dutch banks rely on Amazon AWS. So if there's a disruption with the US and you think to yourself "hey, I'm gonna pay with cash", you won't be able to get cash.
@jwildeboer and Banks themselves? Are they cashless now? I think they are cashless here in Denmark.
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RE: https://mastodon.nl/@bert_hubert/115910470198130888
Translated: All ATMs from all big dutch banks rely on Amazon AWS. So if there's a disruption with the US and you think to yourself "hey, I'm gonna pay with cash", you won't be able to get cash.
Shocking. I mean, I was probably a bit unusual to argue against overuse of cloud infrastructure 15yrs ago.
Cloud make sense only for the very smallest businesses for whom tech is not core, and who need at most "part of a publicly accessible server", and who don't have dedicated sysadmin type staff.
But for a bank? Which has huge tech department? And then for publicly critical infrastructure?
That is outright lazy and irresponsible not to host your own???!!
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RE: https://mastodon.nl/@bert_hubert/115910470198130888
Translated: All ATMs from all big dutch banks rely on Amazon AWS. So if there's a disruption with the US and you think to yourself "hey, I'm gonna pay with cash", you won't be able to get cash.
@jwildeboer Oof. Time to stock up under the mattress?
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Shocking. I mean, I was probably a bit unusual to argue against overuse of cloud infrastructure 15yrs ago.
Cloud make sense only for the very smallest businesses for whom tech is not core, and who need at most "part of a publicly accessible server", and who don't have dedicated sysadmin type staff.
But for a bank? Which has huge tech department? And then for publicly critical infrastructure?
That is outright lazy and irresponsible not to host your own???!!
For anyone who has worked in tech for a few decades it should be abundantly clear that both the main internal cost *and* the main competence of your typical US enterprise tech company is ....
Sales...Not tech...
literally 80% of what you are paying for is sales.
So if tech is any kind of strategic internal competence, it quickly becomes sensible to be much less reliant on companies who spend most of their effort selling you things you really don't need / are not in your interest
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RE: https://mastodon.nl/@bert_hubert/115910470198130888
Translated: All ATMs from all big dutch banks rely on Amazon AWS. So if there's a disruption with the US and you think to yourself "hey, I'm gonna pay with cash", you won't be able to get cash.
@jwildeboer and if you want to pay cashless and your debit card relies on Visa, Mastercard etc. ...
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For anyone who has worked in tech for a few decades it should be abundantly clear that both the main internal cost *and* the main competence of your typical US enterprise tech company is ....
Sales...Not tech...
literally 80% of what you are paying for is sales.
So if tech is any kind of strategic internal competence, it quickly becomes sensible to be much less reliant on companies who spend most of their effort selling you things you really don't need / are not in your interest
One of the problems with big tech is that they are big and so need big customers to move the needle on sales. Get a small company to move from AWS or on-premises to Azure and you probably spent the first two years if revenue on sales. Get a big bank to do so and the profits fund a bunch if sales and sales engineering folks.
Unfortunately, the benefits for the big companies are much lower. They don't need 10℅ of a computer on average burstable to 200% occasionally, they need 1,000 computers. So, to make them switch, you need to either give them huge discounts or lock them into something. Normally you do both. Big discounts for the first few years and tell them they can easily switch to a competitor if you're not coat effective by then.
And often the lock in is subtle. Cloud providers charge more for some things and less for others, so you build your systems around the things that are cheap with tour current provider and then price comparisons with competitors look really bad for the competitors.
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RE: https://mastodon.nl/@bert_hubert/115910470198130888
Translated: All ATMs from all big dutch banks rely on Amazon AWS. So if there's a disruption with the US and you think to yourself "hey, I'm gonna pay with cash", you won't be able to get cash.
@jwildeboer Hob' ma grod nomoi a Geyd g'hoit bei da Bank. Und d'Frau hoit morg'n no oans. Des kummt donn in'd Plastikdüt'n im Klokost'n wia in am schlecht'n Gangsta Fuim.
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RE: https://mastodon.nl/@bert_hubert/115910470198130888
Translated: All ATMs from all big dutch banks rely on Amazon AWS. So if there's a disruption with the US and you think to yourself "hey, I'm gonna pay with cash", you won't be able to get cash.
I remember seeing an ATM reboot ages ago snd the OS/2 boot logo popping up...
Those were simpler times...
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@fasnix @jwildeboer Atruvia (Volks- und Raiffeisenbanken) hat doch zumindest eigene RZ?
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For anyone who has worked in tech for a few decades it should be abundantly clear that both the main internal cost *and* the main competence of your typical US enterprise tech company is ....
Sales...Not tech...
literally 80% of what you are paying for is sales.
So if tech is any kind of strategic internal competence, it quickly becomes sensible to be much less reliant on companies who spend most of their effort selling you things you really don't need / are not in your interest
@oschonrock @jwildeboer This.
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J jeppe@uddannelse.social shared this topic
