Netflix, Inc. To Become First Big Company Fully Reliant On Public Clouds

August 14, 2015 Off By David

Grazed from BusinessFinanceNews. Author: Jason Graul.

Netflix, Inc. is planning to close down its remaining data centers by the end of this summer, becoming the first big corporation to completely run its information technology through the public cloud, according to The Wall Street Journal (WSJ). Netflix told WSJ’s CIO Journal through an email: “For our streaming business, we have been 100% cloud-based for customer facing systems for some time now, and are planning to completely retire our data centers later this summer.”

Although corporate utilization of the public cloud is increasing, many companies still use sensitive software in their private cloud or data centers. While public clouds allow users to share a service provider’s resources, privates ones only dedicate cloud resource within their own premises or from a third-party. Majority of companies use all of these assets together under a hybrid arrangement…

While some startups and small companies are solely reliant on public cloud, few big companies do. “A 100% cloud operation is going to be extremely rare for big established companies,” WSJ quotes Forest Research VP and Research Director, Glenn O’Donnell…

Read more from the source @ http://www.businessfinancenews.com/23514-netflix-inc-to-become-first-big-company-fully-reliant-on-public-clouds/