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The 62 companies that I’ll discuss here (which is not an exhaustive list, but is still comprehensive) all reported quarterly earnings sometime between April 24th – June 10th. These charts clearly show the ZIRP pull forward, the ensuing cloud costoptimizations, and then the recovery.
Subscribe now Cloud Giants Report Q3 ‘23 Not a great signal for software this week from the Cloud Giants (AWS, Azure and Google Cloud)…After Q2 (3 months ago), the tone from the Cloud Giants around optimizations was largely: optimizations have started to ease, and net new workloads have picked up.
Once the feature or product is up and running, we have a true and accurate picture of costs and how this feature will affect our bottom line. As a result of our reactive strategy, we are gifted with a backlog of costoptimization opportunities. Start out small and automate your reporting functionalities and basic cost checks.
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