Unlike some companies that are on a journey to move all their business to being in the public cloud, Nutanix doesnt talk about such targets.

In particular, while revenue rose nineteen percent last quarter, year over year, a passel of other, non-GAAP numbers what I like to call The Metrics rose faster. The company cut employees earlier this year and saw revenue decline precipitously.

In scrappy Airbnb style, the Infrastructure organization held a cost savings hackathon which spawned a number of impactful efficiency projects. Sign up with your email address to receive an email update regarding new posts. With a small configuration change, we can easily dial up our use of spot instances if we observe On Demand charges. Knowing ahead of time if major services are going to turn down or up helps ensure we dont over or under purchase.

In 2008, while many companies were operating data centers, a few clicks on the AWS console brought Airbnb to life. After years helping build cloud-like stuff inside companies, Nutanix is now the company that hopes to be a kind of supra-cloud, if you will, a layer of software intelligence that functions as a broker to all that the public cloud has to offer.

My personal opinion, I think our stock is hugely undervalued, he tells me.

Having the right people involved in this area is very important.

The 2022 QCon London and QCon Plus tracks featured in-depth technical talks from senior software practitioners covering developer enablement, resilient architectures, modern Java, Machine Learning, WebAssembley, modern data pipelines, the emerging Staff-Plus engineer path, and more. The second version focused on how resources were consumed across systems to operate our site. A centralized cost efficiency team with a birds-eye view of the entire Airbnb ecosystem can observe changes and make centralized purchasing decisions accordingly. ), $220,000-$295,000 Per Year (Employer est.

Database-as-a-service, in particular, is one of our big investments, says Ramaswami. Nutanixs core business is made up of a couple things. In the nine months that ended on Sept. 30, Airbnb saw a $63.5 million year-over-year decrease in hosting costs, which contributed to a 26% decline in Airbnbs cost of revenue. From our first Ruby on Rails app, to our more recent adoption of service-oriented architecture, the ability to instantly spin up compute and storage has enabled our teams to move quickly and meet the growing demands of our business. An opportunity at Nutanix even Nutanix doesnt realize, June 23rd, 2021.

In 2020, the total addressable market of new and old stuff, the core and the additional functions, represented thirty-nine billion dollars, annually, in market value.

There is certainly some overlap. Much of our success to date has been around executing on efficiency projects, and reducing the response time on cost incidents. If you are a broker, an intermediary, you seem to have a finger in every pie. We are over-achieving on both growth and profit targets.. designboom Leaders mentioned the company-wide cost goal during all-hands meetings.

At our scale, cloud efficiency is a massive cross functional and cross-organizational effort. This is reactionary, though, and we need to move toward more proactive management of our costs. Our continued success depends on distributing responsibilities for cost efficiencies to individual teams who are closest to the cost/benefit tradeoffs.

In the nine months that ended on Sept. 30, Airbnb saw a $63.5 million year-over-year decrease in hosting costs, which contributed to a $26% decline in Airbnb's cost of revenue. Ramaswami has put his own stamp on that idea since leaving his role as COO of VMware to run things at Nutanix. WATCH: Alibaba's cloud business to become 'less of a drag' on profitability, analyst says. releasewire What attracts talent is a compelling vision for the company, and work that needs to be leading-edge, he argues.

Its showing up in the market data, he says, our focus is helping us., Among the stats that show it, says Ramaswami, are the five quarters since he took over of beat-and-raise revenue and profit results.

This allows them to better track modifications and changes which would then be swift and transparent to developer teams. Special thanks to our AWS cost champions, and the core cost team Anna Matlin, Ari Siegel, Bharat Rangan, Jian Chen, Jon Tai, Liyin Tang, Melanie Cebula, Stephen Zielinski, Swaroop Jagadish, Tamar Eterman, and Xinrui Hua. http://airbnb.io, Amazon EKS, setup external DNS with OIDC provider and kube2iam, The Problem with Free & Open Source Software.

If you want to join us, check out our Airbnb Careers page. This importance of this was highlighted during the collapse of travel due to Covid-19 when AWS was a great partner during a tumultuous time.

Nutanix had its first positive free cash flow in three years last quarter, Ramaswami likes to point out.

The other software vendors are not as focused on this market, he says.

Several quarters passed, and we watched as our costs continued to grow. The following diagram illustrates the certificate issuance process that Ottr supports. The shares now trade for three and a half times projected revenue of just under two billion dollars in the fiscal year ending July of 2023. If you check your inbox, you should be receiving a confirmation email shortly. That is Nutanixs original opportunity, known as hyper-converged infrastructure, or, HCI.. Ottr is now available on GitHubunder the Apache 2.0 license.

$146,597-$205,620 Per Year (Glassdoor est. Constant vigilance is critical for capacity planning success.



Register Now, Facilitating the Spread of Knowledge and Innovation in Professional Software Development. Uber is a provider of an increasing array of assets, such as yellow cabs; Airbnb is similarly a provider of many assets, from homes to cottages to apartments.

Nutanix becomes a tool to right-size ones use of the cloud, in that sense.

Ruby on Rails is the registered trademark of David Heinemeier Hansson.

Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Steampipe, an open-source project that maps APIs to Postgres foreign tables, makes that dream come true. Over time, there will be a blurring of data center sales and public cloud sales.. It turns out it was also hard for the salespeople, the customers, and the rest of the world to understand.

They were meant to allow corporate IT to build data centers as efficiently as Amazons AWS cloud computing service, a way to be like the cloud without being in the public cloud, and, therefore, without constantly shelling out money to Amazon. Airbnb was born in the cloud. ), $152,000-$190,000 Per Year (Employer est.

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We began to ingest the Cost and Usage Report (CUR), the most comprehensive source of AWS billing data available.

This work was only possible through a massive amount of support across our entire organization.

Apache Superset, Apache, and Superset are either registered trademarks or trademarks of The Apache Software Foundation in the United States and/or other countries. Airbnb said the change stemmed from "better contract management and utilization of our third-party cloud services.". The Airbnb CUR powers a suite of Superset dashboards and metrics which support every pillar of the cost efficiency program, and also the downstream world of consumption attribution. What will rectify that, he maintains, is delivering. coindesk blockchain

Take Glacier, as an example. The data would surface an anomalous spike in cost for a particular usage type and the monitoring group would begin a quick investigation to understand the root cause, reaching out to other teams to learn more. Whats known as Annual Contract Value, or ACV, is a measure of one years worth of all the contracts signed with customers. What about companies such as Snowflake? The principles help guide software decisions by considering the environmental impact.

We are already seeing results from it, he says. compute

Eighty-three percent of them say they want to operate in a multi-cloud environment, meaning, where they have operations using more than one cloud computing facility, including their own data centers.

Teams would often increase capacity in response to external traffic or bugs that consumed unnecessary resources, but actual usage was not monitored closely and capacity was rarely de-provisioned even when it was no longer necessary.

Amazon provides remote computing and data storage capability to many companies that have gone public in the past few years, including Slack and Snowflake. tipping changetip coinspeaker

We'd love to have more people join our team.

In the early days of Airbnb, our primary goal was growing the business.

Airbnb declined to comment on the change; Amazon didn't immediately respond to a request for comment.

Even the young cloud-native companies, he insists, will start embracing these strategies of mixing different available resources, with help from Nutanix. In response to this trend of newfound flexibility, Airbnb today announced our approach to allow employees to live and work anywhere, and how we will partner with destinations to help them attract remote workers.

Its the old idea, propounded by high achievers such as the late Steve Jobs, that the A-Team wants to work with the A-Team. ), Staff Software Engineer, Cloud Infrastructure, Senior Software Engineer, Cloud Infrastructure, Senior Software Engineer, Data Engineering Tools, Senior Staff Engineer, Security Incident Response, Senior Staff Fullstack Engineer - Intelligent Support Products. Get this delivered to your inbox, and more info about our products and services.

With tagging and attribution maturing, we were able to identify our highest areas of spend.

All Rights Reserved. Deciding what to do proved more challenging.

), $190,000-$245,000 Per Year (Employer est. A Division of NBCUniversal. The stock is down twenty percent this year, and almost that much since Ramaswami joined.

Technology teams were focused on growth, and we paid little attention to the cost of running our infrastructure. This helped unlock key insights.

In other words, the function of a kind of Airbnb is to repeat the idea of the broker, the intermediary, across an expanding array of properties.

Nutanixs unique and curious blend of different software has always struck me as somewhat hard to describe.

Nutanix started life selling appliances, computers packaged with software to be an ultra-efficient kind of building block. Design processes may be more complex, dispersed and chaotic than they should be.

Amazon S3 Storage costs have historically been one of our top areas of spend, and by implementing data retention policies, leveraging more cost effective storage tiers, and cleaning up unused warehouse storage, we have brought our monthly S3 costs down considerably. We have a robust data warehouse and mature data visualization tools, so while we briefly looked at third party vendors we opted to build our attribution and reporting capabilities internally.

Thats a fantastic question, says Ramaswami.

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The core also includes software that can be used as a command center to run programs that customers rent in the public cloud, from AWS and Azure. Watch President Obama and Chesky discuss the Voyager Scholarship in a newly released video. System ownership is defined in an internal tool, Scry. We enhanced the capability of our Continuous Integration environment to leverage spot instances. The finance team created a company-wide award for financial discipline, presented by the CFO, which recognized employees who had driven important cost savings initiatives.

Filter your search results by job function, title, or location. However, this program would not be successful with only a core team.

It, in turn, establishes a connection to the device to generate a Public/Private Key Pair and CSR on the device and pulls the CSR onto the container filesystem.

Today we have a set of prepared responses which move certain workloads on and off Savings Plan to keep utilization healthy. In the earlier days of the cost efficiency team, consumption monitoring meetings involved considerable firefighting. Join a community of over 250,000 senior developers.

Now, we see the same things happening in clouds, where companies apps and data are going to reside in data centers, in multiple public clouds, and at the edge, and its going to take a lot of complexity to run that. That means Airbnb is on the hook to spend an average of $150 million per year, rather than $240 million per year, on these services.

But Snowflakes business model is a cloud database that makes everything about databases easier.

First, adding significant friction for our engineers would be met with heavy resistance, and second, we needed more investment in our AWS cost and attribution data to develop actionable insights. airbnb

It's hard enough to reason over data.

Our monitoring work is successful due to the curiosity, willingness to dig deep into root causes, and personal accountability these people demonstrate.

This aspect of the program was a huge body of work, and should not be under-estimated.

We had a problem, but we lacked an in-depth understanding of how teams use AWS resources, and how planned architectural and infrastructure changes would impact our future AWS costs.

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We are eating into that, with better economics in Nutanixs products. Learn the emerging software trends you should pay attention to.

It could be any kind of middleware service, though were starting with databases. The Nutanix middle-man function could extend to helping companies run things such as Kafka, the real-time streaming data service on which Confluent has based its business. At the beginning, the vision was to make computing invisible, to try to get to the underlying complexity of computing and storage and networking, and make it really simple to run customers applications inside data centers, he explains.

View an example, Real-world technical talks.

When developing new product capabilities, we want to ensure our AWS spend is still within the allotted budget. Yang explains the motivation for open-sourcing Ottr: Ottr was built to abstract a number of challenges associated with certificate provisioning while also providing additional benefits around operations and security.

airbnb unveils ibsc There are areas where Ramaswami has found common cause.

Airbnb disclosed the adjustment in the prospectus for its initial public offering, which became publicly available on Monday. That is a newer area for Nutanix. Ottr handles end-to-end certificate rotations without the use of an agent. Today, President and Mrs. Obama and Brian Chesky, Airbnb co-founder and CEO, announced the Voyager Scholarship, The Obama-Chesky Scholarship for Public Service. The idea, in both cases, is to broker more and more. Engineers learn best practices from one another and discuss new savings opportunities in a Slack channel.

As our program matures, we are also designating AWS Cost champions through all product development organizations to replicate the operational review forums and efficiency efforts at the local level with the central cost team supporting their efforts. This has alleviated a pain point for multiple teams including Operations, which was responsible for monitoring and triaging tickets for expired certificates, Engineering which was responsible for the manual certificate rotation process, and Security which was involved in request approvals.

Any use of these are for identification purposes only and do not imply sponsorship or endorsement. An opportunity at Nutanix even Nutanix doesnt realize.

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Airbnb's revenue declined 24% sequentially in the first quarter, and it fell 60% in the second quarter, according to Monday's filing.

The fundamental opportunity for companies is to be the place for talent..

The first group, says Ramaswami, is ripe for the taking. Revenue rebounded in the third quarter, although it was still down on an annualized basis. Over the last 18 months, our finance and technology teams, in partnership with AWS, have developed a trusted working relationship that ensures we are purchasing what we need, and we use what we purchase.