Enterprise spending on cloud computing, largely seen as immune to economic turbulence, continues to grow, but at a slower pace as tech leaders are under pressure to control costs. Zach Nimboorkar, a senior vice president of global technology services at Schneider Electric SE said the French energy and automation company began moving to the cloud a few years ago, and soon realized it needed to rein in its cloud spending across its hundreds of accounts on Amazon.com cloud platform. Mr. Nimboorkar said the company has since built a dedicated team to manage its Amazon Web Services spending and invested in a third-party cloud spending management tool. Read More...
The Wall Street Journal
Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters
Amazon.com paused construction on a massive corporate real-estate complex near Washington, D.C., that it calls its second headquarters, as the tech sector’s latest retrenchment hit a project that just a few years ago symbolized the industry’s booming expansion. The Seattle-based company said Friday it will temporarily hold off on breaking ground on the second phase of its Arlington, Va., development, where it promised to spend $2.5 billion through 2030 and bring more than 25,000 jobs to the region. Amazon had originally planned to break ground on the second phase of the project, which includes three 22-story office buildings, during the first quarter of 2023.
Add Comment