Newvem, an Israeli startup we wrote about recently, aims to help startups by showing them exactly how they are using AWS and where they can save money. So take with a grain of salt their new study which shows rampant inefficiencies among the average AWS user.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":421246,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"cloud,dev,entrepreneur,","session":"B"}']Looking at dozens of customers running Newvem, the company found that small startups, the ones for whom cash is typically a big priority, are spending money on Amazon that they don’t need.
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Companies who are spending more money tend to be more efficient, which is counter-intuitive in some ways . NewVem says the big chasm is around the $3,000, when companies graduate to a much bigger spend, and in this study
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