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clock Created with Sketch. 20/09/23
13:12
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Originally posted by Brett M H:
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G'day everyone!!Apart from continued expansion and refinement of customer-led solution capability by the development and product teams, platform R&D development during the half also focused on optimising Pointerra’s AWS deployment and associated spend. This initiative has been undertaken in conjunction with AWS Well-Architected teams who assist in ensuring Pointerra3D is architected and deployed in a scalable manner that also manages cost expansion. AWS Platform Security & Cost Optimisation During the quarter significant engineering focus was placed progressing security and cost optimisation objectives for the Company’s AWS deployed platform. In terms of security, this has largely been driven by outcomes identified as part of the AWS WellArchitected Framework review. These improvements will ultimately lead to higher confidence and greater compliance when undertaking cyber security due diligence review processes, which are now commonplace with enterprise customer SaaS procurement. With the growing customer base and commensurate growth in AWS service usage, the ability to make intelligent use of available cost saving measures such as AWS spot pricing, and to optimise platform architecture around cost minimisation is key to maintaining high gross profit margins. During the quarter several key areas of functionality were re-engineered to transition to lower cost AWS spot compute instances. One of the key benefits of engineering to run on AWS spot pricing is that it allows the platform to dynamically scale up/down based on real-time customer load.
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Sounds a little rose colored glasses to me; it would be unusual to spend such a large amount on supporting platform improvements.
(20min delay)
