Shold Cloud Computing Costs be Regulated ?
I am not one for bureaucracy, in fact the contrary. I cringe at unnecessary bureaucracy and regulation. The face is that we are becoming a more highly regulated society, that being stated, I do feel there are some areas where we need regulation to protect the consumer. One such area is the regulation of costs by commodity suppliers, telecommunications, energy, fuel etc. As CTO of a emerging start-up I am responsible for ensuring that our systems run on the latest and most secure technology. Cloud services provide that scalable infrastructure and so naturally I use them extensively. However, let me tell you a story of one warm Friday night last July. I was just about to go on paternity leave and settling down in my lovely new bath for a Friday night soak, when the phone rang. A chap was phoning from Amazon Web Services (AWS). He politely enquired if I was aware that our company had just incurred over $20 000 dollars of charges transferring some data from Glacier to S3 storage. My