February 9, 2017 Sophia Vida

This Company’s 2017 Cloud Costs Will Be More Than Their 2016 Revenues

Snapchat just announced in an updated IPO filing on Thursday that it will be spending $1 billion over the next five years with Amazon Web Services. This year the company plans to spend $50 million on AWS and the costs will rise over time. For 2017, Snapchat will spend $450 million total on cloud hosting … Continue reading “This Company’s 2017 Cloud Costs Will Be More Than Their 2016 Revenues”